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Wednesday, November 14, 2018

Daily News Updates In Energy And Infrastructure From EnergyInfraPost.com

POWER/COAL/MINES/RE

stake

Tata Power eyes stake sale in renewable power arm

To bring debt to a manageable level, Tata Power is looking at three options to raise funds. One option is to sell up to 30 per cent stake in its renewable power firm

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Mehbooba Muf

J&K CM Mehbooba Mufti for harnessing of solar, wind power in a big way

Jammu and Kashmir Chief Minister Mehbooba Mufti today asked the Science and Technology (S&T) Department to undertake projects for harnessing of solar energy in a big way to supplement the energy needs of the state.

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moon

India mining for 'next-gen' fuel on the Moon

According to media reports, an ISRO professor said that all of Indias energy need will soon be satiated by the moon. India will have to mine Helium 3 from the moon first though.

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proposal

Proposal for power exchange suffers outage

The Kerala State Electricity Regulatory Commission (KSERC) has rejected the proposal by a private entity to establish an intrastate power exchange essentially a ‘stock exchange’ for electricity in the state.

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electric vehicles

Govt to fine-tune plan in bid to promote electric vehicles

The government’s top brass, led by Finance Minister Arun Jaitley, will brainstorm on Thursday on how best it can push large-scale adoption of electric vehicles in the country, ahead of the rollout of FAME India.

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waste-to-energy

At 2,000 tons, Delhi’s largest waste-to-energy plant set to start operations soon

Five years is a long time to provide a sustainable waste processing solution, but it has been that long since Delhi has been waiting for a waste-to-energy plant.

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50 Gigawatts

Opportunity for more sustainable energy with new hydronium-ion battery

The world's first battery to use only hydronium ions as the charge carrier has been been developed by scientists. A new type of battery developed by scientists at Oregon State University shows promise for sustainable, high-power energy storage. The study was published in journal Angewandte Chemie International Edition. Hydronium, also known as H3O+, is a positively charged ion produced when …

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proposal

Proposal for power exchange suffers outage

The Kerala State Electricity Regulatory Commission (KSERC) has rejected the proposal by a private entity to establish an intrastate power exchange essentially a ‘stock exchange’ for electricity in the state.

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China to crack down on illegal mining, as miners meet on output cuts

China to crack down on illegal mining, as miners meet on output cuts

China will launch a nationwide safety check on all coal mines as miners convene in Beijing to discuss a curb on supply, the official People's Daily said.

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Solar power tariff

Solar tariff crashes below grid power cost

Solar power tariff is likely to come down closer to the cost of conventional power sources due to technological advancement and increase efficiency.

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OIL AND GAS

Centre agrees to pay Rs 6,320 cr as oil royalty to Assam

Centre agrees to pay Rs 6,320 cr as oil royalty to Assam

The Centre today agreed to pay Rs 6,320 crore to the Assam government as crude oil royalty as part of an out of the court settlement after eight years of protracted legal battle.

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ONGC to take Rs 2,500 crore hit in Q4 due to royalty payment made to Assam government

ONGC to take Rs 2,500 crore hit in Q4 due to royalty payment made to Assam government

A government official said the decision to pay the royalty was taken to settle the issue which occurred due to lack of transparency in policies.

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Saudi Arabia's Bahri plans to expand in India

Saudi Arabia's Bahri plans to expand in India

Saudi Arabia's state-run shipping company Bahri plans to expand its business in India, encouraged the country's consistent economic growth and its focus on manufacturing, its chief executive said.

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Crude oil prices could plunge toward $30 a barrel, a rout of 40 per cent from current levels, says ABN Amro

Crude oil prices could plunge toward $30 a barrel, a rout of 40 per cent from current levels, says ABN Amro

Crude prices could plunge toward $30 a barrel -- a rout of about 40 percent from current levels -- unless OPEC extends production cuts that are propping up the market, ABN Amro Bank NV said.

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royalty

ONGC agrees to pay Rs 8k cr royalty to Gujarat ending 3-yr case

Oil and Natural Gas Corp( ONGC) has agreed to pay Rs 8,000 crore as royalty fee to the Gujarat government settling a case which has been pending for over 3 years, reports CNBC-TV18.

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20.02.2017

Global Crude oil price of Indian Basket was US$ 54.97 per bbl on 20.02.2017

The international crude oil price of Indian Basket as computed/published today by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas was US$ 54.97 per barrel (bbl) on 20.02.2017

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INFRASTRUCTURE

Rail

India to Lend Nepal $340 Mln for Infrastructure, International Rail Network

In a backdrop of Nepal’s improved strategic inclination towards China, Delhi has offered cross border rail connectivity and commits soft loans of $340 million to Kathmandu for more than 15 road projects

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Siemens, Spanish rail arm win Rs 287 crore signalling technology order for Nagpur metro

Siemens, Spanish rail arm win Rs 287 crore signalling technology order for Nagpur metro

Electrification and automation company Siemens Ltd and Siemens Rail Automation, Spain, have jointly won an order worth Rs 287 crore to supply signalling technology for first two metro lines of Nagpur Metro.

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roll out

Indian Railways to roll out ‘Make in India’ 160 kmph self-propelled ‘world-class’ train sets at half the cost of import!

Indian Railways is all set to roll out a ‘first of its kind’ semi-high speed self-propelled train set! Yes, the Integral Coach Factory (ICF) will ‘Make in India’ the EMUs (Electric Multiple Units) that can travel at speeds of up to 160 kmph.

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divestment target

'Government may cross Rs 45.5K crore divestment target this fiscal'

The government hopes to overshoot the Rs 45,500 crore disinvestment target for the current fiscal amid strengthening of equity markets.

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Warm Regards,

Team EnergyInfraPost

EnergyInfraPost.com

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