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Wednesday, November 21, 2018

Weekly News Updates From EnergyInfraPost.com

OIL AND GAS

Coverage of clean cooking fuel, LPG in India increases to 72%: Pradhan

Coverage of clean cooking fuel, LPG in India increases to 72%: Pradhan

In line with the government’s vision to make India a gas based economy, all-out efforts are being made to provide access of LPG (clean cooking gas) to all rural kitchens and rural women who have been fighting the menace of smoke by using wood in their kitchens.

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Private EPC companies get T&D boost

Private EPC companies get T&D boost

Even though the power sector is trying to recover from a mountain of debt and stalled projects, there's significant action on the ground when it comes to building transmission infrastructure.

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Opinion Piece : A topsy-turvy ride to oil prices recovery to continue

Opinion Piece : A topsy-turvy ride to oil prices recovery to continue

ear 2016 has witnessed some of the landmark decisions in the oil market, which has reversed the trend of oil disagreements within the OPEC and non-OPEC countries

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Singapore-based

Singapore-based arbitrator to preside over RIL-ONGC dispute

Singapore-based arbitrator Prof Lawrence Boo has been named as the presiding judge of a three- member arbitration panel that will go into the validity of government's demand of USD 1.55 billion compensation from Reliance Industries for "unfairly" producing ONGC 's gas.

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consultancy

Govt Mulls Merger Of 6 State-Owned Consultancy Firms Into Engineers India

Government is mulling the merger of about half a dozen state-owned consultancy firms like Engineering Projects (India) Ltd with Engineers India Ltd

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21,000

Plugging cooking gas subsidy leaks leads to Rs 21,000 crore savings

As many as 3.3 crore fake, ghost and duplicate LPG connections have been blocked, leading to saving of Rs 21,000 crore in subsidies, said oil minister Dharmendra Pradhan

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oil company

GAIL may remain a separate vertical under mega oil company

Though the government plans to merge state-run oil companies to create a behemoth t o take on competition from overseas integrated players

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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

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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." With this Budget 2017 speech Finance Minister set the ball rolling on merger of public sector oil companies. Analysts have welcomed the move but say that such a step will face a …

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INFRASTRUCTURE

Railway Minister Suresh Prabhu launches first phase of Station Redevelopment Programme

Railway Minister Suresh Prabhu launches first phase of Station Redevelopment Programme

Railway Minister Suresh Prabhu unveiled the first phase of the Station Redevelopment Programme on Wednesday. Further, tenders are being floated for 23 out of a total of 400 stations set to get a facelift under this programme.

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Govt doubles highways target to 15,000 km in next fiscal

Govt doubles highways target to 15,000 km in next fiscal

The government has set a target of constructing 15,000 km of highways in the next financial year, 50 per cent more than that in the current fiscal.

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housing

Infra status to boost low cost housing

Union Finance Minister Arun Jaitley, in the Budget 2017-18, has proposed to grant ‘affordable housing’ the coveted infrastructure status to facilitate higher investment in the sector

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Habibganj

Habibganj railway station to be redeveloped: What Indian Railways first ‘world-class’ station will offer

As part of Suresh Prabhu-led Indian Railways bid to revamp and modernise infrastructure, many railway stations are all set to undergo massive redevelopment work over the coming years

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Railways launches Rs 1 lakh cr station redevelopment programme

Railways launches Rs 1 lakh cr station redevelopment programme

The ministry of railways today launched the first phase of station redevelopment programme covering commercial development of 23 stations across the country, which is expected to see investments worth Rs 9,000 crore.

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developers

Over 140 SEZ developers to get more time for projects: Nirmala Sitharaman

During the last three years and the current fiscal up to January, the commerce ministry has granted more time to as many as 143 developers of SEZ to complete their projects

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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

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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.

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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 to Mumbai route in the next financial year

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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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traffic updates

Real-time traffic updates through radio on NH soon: Gadkari

To provide real time traffic updates to commuters, government will start highway radio services on various national highways spread across 13 states.

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18 sabotage attempts on Indian Railways in 40 days: Suresh Prabhu expresses serious concern

18 sabotage attempts on Indian Railways in 40 days: Suresh Prabhu expresses serious concern

The Indian Railways has witnessed an exceptional jump in “sabotage” cases with around 18 incidents reported in the last 40 days of 2017

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Deputy CM seeks Centre’s help to complete road projects

Deputy CM seeks Centre’s help to complete road projects

Bihar's deputy CM Tejashwi Prasad Yadav on Wednesday called on Union minister of road transport and highways Nitin Gadkari in New Delhi

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Budget proposal for new rail lines to boost SAIL's order book

Budget proposal for new rail lines to boost SAIL's order book

The proposal of laying 3,500-km new rail lines by the Indian Railways would boost the order portfolio of state-run Steel Authority of India Ltd (SAIL).

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nitin

Nitin Gadkari to meet top bank CEOs today, stalled infrastructure projects likely to be discussed: Report

Nitin Gadkari, Union Minister for Road Transport and Highways is all set to meet bank CEOs today According to BTVi, focus on issuing RFID tags

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Warm Regards,

Anupama Airy

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