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Tuesday, November 20, 2018

Greetings From EnergyInfraPost.com

News Round Up in Energy and Infrastructure Sectors From EnergyInfraPost.com

POWER/COAL/MINES/RE

21 crore LED bulbs distributed, to save Rs 11,000 crore: PM Narendra Modi

21 crore LED bulbs distributed, to save Rs 11,000 crore: PM Narendra Modi

Under the government's energy efficiency programme, 21 crores LED bulbs were distributed in the country which resulted in saving of Rs 11,000 crore for the consumers, Prime Minister Narendra Modi said in Lok Sabha today.

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UP voters want solar power, reveals survey

UP voters want solar power, reveals survey

With Uttar Pradesh going to polls on February 11, 2017, a survey commissioned by 8minutes Future Energy Ltd has revealed a growing preference for solar power among voters in the state.

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Keen to buy foreign coking coal assets: Coal Minister Piyush Goyal

Keen to buy foreign coking coal assets: Coal Minister Piyush Goyal

Coal India Ltd, the world's top coal miner, plans to acquire coking coal assets abroad as India lacks technology to economically develop local reserves, Coal Minister Piyush Goyal said.

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bombay

IIT Bombay helps Rajasthan tribal communities set up solar manufacturing plant

A solar module manufacturing plant fully owned and operated by local tribal communities is being set up in Dungarpur, Rajasthan with the help of IIT Bombay.

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BHEL bags 3.6-MW rooftop solar PV systems order in Surat

BHEL bags 3.6-MW rooftop solar PV systems order in Surat

Bharat Heavy Electricals Limited (BHEL) has secured an EPC (engineering, procurement and construction) order for the installation of solar photovoltaic (PV) rooftop systems totalling to 3.6 MW capacity from the Surat Municipal Corporation

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ReNew Power raises $450 mn in green bonds

ReNew Power raises $450 mn in green bonds

ReNew bond is rated B+, which is considered speculative grade. The bond has a maturity of five years, with a non-callable option of three years.

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De Beers Global Diamond Output Moves To Botswana

Rio Gifts India Diamond Mine to Madhya Pradesh Government

Rio Tinto Group has decided to gift the Bunder diamond deposit in India to the state government of Madhya Pradesh, where the mine is located, after the producer stopped work on it last year

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Lucknows-all-women-mosque-powered-by-solar-energy-indialivetoday

Lucknow's all-women mosque to be powered by solar energy

Shaista Amber, president, Muslim Women Board Law Board, who has been an almost-lone crusader in the fight for the fundamental rights of Muslim women, now has another laurel to her name

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Chinese firm gets contract for Pak's Nandipur power project

Chinese firm gets contract for Pak's Nandipur power project

The Pakistan Government has announced that it had entered into a 10-year contract with a Chinese firm for operation and maintenance of the controversial Nandipur power project

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OIL AND GAS

oil company

GAIL may remain a separate vertical under mega oil company

Though the government plans to merge state-run oil company to create a behemoth t o take on competition from overseas integrated players, gas major GAIL (India) — which comes under the ambit of the proposal — may remain a separate vertical even in a merged entity

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IOC chief

IOC chief welcomes proposal to merge oilcos into energy behemoth

The chairman of the country’s largest oil marketing firm believes that the government's Budget proposal to merge all state-owned energy firms into a consolidated giant will help them enhance their position in the international market.

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Qatar Petroleum boss says Donald Trump 'very positive' for crude oil

Qatar Petroleum boss says Donald Trump 'very positive' for crude oil

The head of energy giant Qatar Petroleum has shrugged off fears that any potential protectionist policies pursued by US President Donald Trump would impact on global oil and gas markets.

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Oil PSUs merger: New entity would face significant challenges, says Fitch

Oil PSUs merger: New entity would face significant challenges, says Fitch

The proposed merger of India's state-owned oil companies would face significant execution challenges related to managing integration of employees

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merger

Oil cos merger may not be good for consumers, pvt retailers

The proposed merger of the state- controlled oil companies, both upstream and downstream, can reduce inefficiencies and improve competitiveness but will be an execution challenge apart from being not so good for consumers and competition, says a report

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price

Oil prices steady, kept in range by mixed price indicators

Oil steadied on Tuesday after falls the previous session, with markets torn between mixed price indicators that have kept crude range-bound for much of the year

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NGT’s southern bench to now probe Chennai oil spill

NGT’s southern bench to now probe Chennai oil spill

The case pertaining to the recent oil spill off the Chennai coast, being probed by the National Green Tribunal (NGT) has been transferred to the southern bench on Tuesday.

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challenges

Merger Of Indian Oil, BPCL, HPCL, ONGC? Here Are The Big Challenges

"We propose to create an integrated public sector 'oil major' which will be able to match the performance of international and domestic private sector oil and gas companies."

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gas

Gold hits highest since Nov on uncertain US political landscape Indraprastha Gas, Mahanagar Gas, HPCL hit record highs ahead of Q3 results

Shares of oil marketing companies (OMCs) and city gas distribution companies hit their respective all-time highs on the BSE in otherwise subdued market ahead of October-December (Q3) earnings.

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INFRASTRUCTURE

Iran, India trade charges on delay of Chabahar port

Iran, India trade charges on delay of Chabahar port

The Budget may have allotted Rs 150 crore for the development of Chabahar port in Iran, but it may not be enough to bring the long delayed project back to life as Tehran has not yet submitted a proposal for release of the fund despite several reminders, some officials say

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prime

Prime suspect in Kanpur train accident arrested in Nepal

Nepalese national Samshul Hoda, an alleged ISI agent and the prime suspect in the November Kanpur train tragedy, has been arrested here after being deported from Dubai, police said today

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Seventy Years After Independence, Railways To Debut In Andaman And Nicobar Islands

Seventy Years After Independence, Railways To Debut In Andaman And Nicobar Islands

The Narendra Modi government has given a green signal for the laying of a 240km broad-gauge railway line connecting two major population centres in Andaman and Nicobar Islands. This is part of a major infrastructure push for the islands.

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Madhya Pradesh

Madhya Pradesh government to form JVC with railways

Madhya Pradesh government will form a joint venture company (JVC) with the ministry of railways for expansion of railway network in the state.

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Tejas Express from Surat-Mumbai! At 130 kmph, travel in ‘luxury’ between the two cities in the same time as Rajdhani

Tejas Express from Surat-Mumbai! At 130 kmph, travel in ‘luxury’ between the two cities in the same time as Rajdhani

Tejas Express, one of the most awaited promises of Railway Budget 2016, is all set to start plying on the Surat-Mumbai route in the next financial year. Railway Minister Suresh Prabhu, on a recent visit to Surat, announced that Tejas Express

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naik

L&T Betting On Africa, Central Asia To Deliver 10% Revenue Growth In FY18, Says AM Naik

Larsen & Toubro Ltd. Executive Chairman AM Naik is confident that the engineering and construction giant will meet its 10 percent growth forecast this fiscal and maintain the level in the financial year 2017-18.

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gadkari

Gadkari meets bankers to get up highway projects

Road Transport Minister Nitin Gadkari on Monday met top bankers in Mumbai to ease the bottlenecks plaguing highway contracts of worth Rs 20,000 crore.

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Centre-rolls-out-2-tourism-infrastructure-projects-worth-Rs-194-Cr-for-JK

Centre rolls out 2 tourism infrastructure projects worth Rs 194 Cr for JK

Under the new initiatives in tourism sector, the Ministry of Tourism, Government of India, today rolled out two mega projects worth Rs 194.74 crore for development of tourism infrastructure in Jammu and Kashmir.

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Warm Regards

Anupama Airy

Founder&Editor

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