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Tuesday, November 20, 2018

Greetings From EnergyInfraPost.com

Weekly Newsletter of Stories From The Energy And Infrastructure Space

POWER/RE/COAL/MINES

Solar parks with capacity of 7500 MW to come up in Ladakh

Solar parks with capacity of 7500 MW to come up in Ladakh

The Jammu and Kashmir government has signed an MoU with the Centre for the development of two mega solar parks in the rocky mountainous region of Ladakh with a total capacity of 7500 MW.

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Over 1 crore LED bulbs distributed in Bihar under UJALA

Over 1 crore LED bulbs distributed in Bihar under UJALA

The Union Government in coordination with Bihar Government has successfully distributed over 1 crore LED bulbs under the UJALA (Unnat Jeevan by Affordable LEDs and Appliances for All) scheme in the state so far

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EESL to invest Rs. 24700 crore for energy conservation in AP, signs multiple MoUs, Projects to add 80,000 jobs to the state

80,000 job creations expected after EESL executes multiple MoUs worth Rs 24,700 cr with Govt of AP

Energy Efficiency Services Limited (EESL), a company under the Ministry of Power signed multiple MoUs with the Government of Andhra Pradesh worth Rs. 24,700 crores today for energy efficiency and solar projects in the state. The execution of projects through this MoU will help the state reduce consumption of power and add over 80,000 jobs in the state.

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Government Plans to revive $2 billion of Gold reserves and Make "Bharat Sone Ki Chidiya again, says Piyush Goyal

Government Plans to revive $2 billion of Gold reserves and Make "Bharat Sone Ki Chidiya again, says Piyush Goyal

We are committed to make Bharat Sone (Gold) Ki Chidiya again. Gold reserves worth $2 billion to be revived, it will bring down the import of gold,” Union Mines Minister, Piyush Goyal also holding the charge of power, RE and coal ministries said in a tweet on Friday.

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In big boost to Modi's power push, Adani sets up world's largest solar plant in India

In big boost to Modi's power push, Adani sets up world's largest solar plant in India

It took 8,500 men working two shifts every day for six months - and three shifts for two months - to finish, ahead of schedule, the Adani Group's giant solar power plant in southern India.

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Key mines, mineral sectors not affected by DeMon

Key mines, mineral sectors not affected by DeMon

Key segments of the mines and mineral industries, which provide raw material for a range of manufacturing activities, remained unaffected by demonetization and posted a sharp increase in output in November-December after the government scrapped high-value notes.

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Renewables to overtake India’s oil output in 2035: BP Energy Outlook

Renewables to overtake India’s oil output in 2035: BP Energy Outlook

India’s demand for green energy is expected to grow by seven times in 2035, according to the latest BP Energy Outlook released on Wednesday.

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Nawaz Sharif, WB CEO discuss Indus Waters, India's power plants

Nawaz Sharif, WB CEO discuss Indus Waters, India's power plants

World Bank Chief Executive Officer Kristalina Georgieva called on Prime Minister Nawaz Sharif in Islamabad on Thursday to discuss implementation of the Indus Waters Treaty and the dispute between Pakistan and India over the construction of two hydropower projects by New Delhi.

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We will route Indus water to Punjab's farmers, Pakistan does not have right over it: Narendra Modi

We will route Indus water to Punjab's farmers, Pakistan does not have right over it: Narendra Modi

The BJP and Congress on Friday chose to pitch their star campaigners — Narendra Modi and Rahul Gandhi, respectively -- to rally support for local candidates in Punjab, setting the stage for a political showdown a week before Assembly polls.

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Neyveli Lignite Corp to increase power generation by 2,640 Megawatt

Neyveli Lignite Corp to increase power generation by 2,640 Megawatt

Neyveli Lignite Corporation (NLC) India Limited has proposed to enhance power generation at its Neyveli complex by 2,640MW, said chairman and managing director Sarat Kumar Acharya.

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OIL&GAS

IOC's Paradip refinery faces withdrawal of fiscal sops

IOC's Paradip refinery faces withdrawal of fiscal sops

In a setback to Indian Oil Corp (IOC), the Odisha government has slapped a notice seeking withdrawal of fiscal incentives given to the PSU's Rs 34,555 crore Paradip refinery in the state

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12.01.2017

Budget wish list: Oil & Gas sector hoping for reduction in cess rate, 100% depreciation allowance

Amid soft demand for coal, state-owned Coal India Ltd (CIL) will hold long-term special forward auction for power producers with flexible lifting period of up to 3 years

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India-UAE strategic oil reserves deal: 10 things to know

India-UAE strategic oil reserves deal: 10 things to know

India's quest for energy security got a major push on Wednesday, after a pact with the United Arab Emirates (UAE) that will flow in as much as one sixth of the India's total emergency oil reserve. Here's what you need to know about India's strategic oil reserves:

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BP Energy Outlook: An energy transition is underway

BP Energy Outlook: An energy transition is underway

The 2017 edition of the BP Energy Outlook, published today,​said that ​global demand for energy is expected to increase by around 30% between 2015 and 2035, an average growth of 1.3% per year. However, this growth in energy demand is significantly lower than the 3.4% per year rise expected in global GDP, reflecting improved energy efficiency driven by technology improvements and environmental concerns.

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Reliance: RIL to raise $2.25 billion more via foreign borrowings

RIL to raise $2.25 billion more via foreign borrowings

Reliance Industries is in talks to raise as much as $2.25 billion (Rs 15,300 crore) in what could be one of the biggest offshore debt issues by an Indian corporate as the energy-to-retail conglomerate seeks to replace existing high-cost borrowings as well as build a war chest for its aggressive expansion strategy in telecom

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India, bangladesh in gas pipe talks

India, bangladesh in gas pipe talks

India and Bangladesh are discussing how a gas pipeline that would link their two countries to Myanmar might be financed. “We are working towards getting a gas pipeline between the two countries,” foreign ministry official Sripriya Ranganathan said

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India shouldn't replace its dependence on imported oil with reliance on imported solar cells

India shouldn't replace its dependence on imported oil with reliance on imported solar cells

Minutes after Donald Trump's inauguration as the 45th US president, the White House website outlined his vision of an 'America-First Energy Plan'

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Hindustan Petroleum's new fuel to power high-end cars like Porsche, Lamborghini

Hindustan Petroleum's new fuel to power high-end cars like Porsche, Lamborghini

Beginning Friday, the domestic oil market in India will boast of a high-performance fuel with an octane rating of 99 -the highest in India so far - targeting high end vehicles like BMW, Porsche and Lamborghini.

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GAIL's board approves bonus shares, interim dividend and raising of funds through bonds

GAIL's board approves bonus shares, interim dividend and raising of funds through bonds

State-owned GAIL (India) Limited has recommended issuance of one bonus share for every three equity shares held of Rs 10 each fully paid up, subject to shareholders approval

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Australia-listed

Australia-listed Liquefied Natural Gas Ltd signs 20 year pact to supply US LNG to India

Australia-listd Liquefied Natural Gas Ltd (LNG Ltd) has signed a pact to potentially supply gas from its planned Magnolia LNG project in the US to India for 20 years.

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India’s oil consumption to be fastest in world by 2035: report

India’s oil consumption to be fastest in world by 2035: report

Having pipped Japan to become world’s third largest oil consumer, India’s oil consumption growth will be the fastest among all major economies by 2035, BP Statistical Review of World Energy said. India, Asia’s second biggest energy consumer since 2008

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HPCL, GAIL sign pact with AP for Rs 40K cr petrochem project

HPCL, GAIL sign pact with AP for Rs 40K cr petrochem project

State-owned refiner Hindustan Petroleum Corp Ltd (HPCL) and gas utility GAIL India Ltd today signed a pact with Andhra Government for setting up a Rs 40,000 crore petrochemical plant in the state.

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Oil PSUs to invest over Rs 1.4 tn in Andhra Pradesh by FY22: Dharmendra Pradhan

Oil PSUs to invest over Rs 1.4 tn in Andhra Pradesh by FY22: Dharmendra Pradhan

Major oil public sector units are planning to invest over Rs 1.43 lakh crore in Andhra Pradesh in coming years which would create jobs for thousands of people in the state, Oil Minister Dharmendra Pradhan said today. He said that the investment will start from 2017-18 and all the investment will be completed by 2021-22

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INFRASTRUCTURE

Nitin Gadkari declares 1,253 km road in Assam as National Highways

Nitin Gadkari declares 1,253 km road in Assam as National Highways

The Centre will invest Rs 15,000 crores to develop 1,253 kilometres of roads in Assam into National Highways over the next few years, Union Minister Nitin Jairam Gadkari said today

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Govt has increased investment in railways, infra: Prabhu

Visakhapatnam, Jan 27 () The central government is spending huge amounts to modernise infrastructure, particularly in the railways sector to push growth, Railways Minister Suresh Prabhu said today

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Multi-modal terminal at Varanasi to be major logistic hub: Nitin Gadkari

Multi-modal terminal at Varanasi to be major logistic hub: Nitin Gadkari

The Rs 170-crore multi-modal terminal at Varanasi is set to emerge as a major logistics gateway connecting north India to the eastern and north- eastern states, extending up to Bangladesh, says the Shipping Ministry

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Warm Regards

Anupama Airy

Founder&Editor

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