POWER  |  RENEWABLES  |  MINES & MINERALS  |  OIL & GAS  |  COAL

Good Morning India!

 November 21, 2018

DAILY NEWS UPDATES ON ENERGY AND INFRASTRUCTURE 

EDITOR'S PICK

India posts its lowest ever wind tariff of Rs3.46 per unit

India posts its lowest ever wind tariff of Rs3.46 per unit

Wind power tariffs followed the solar route and fell below Rs3.46 per kilowatt hour (kWh), in a 1 gigawatt (GW) tender by state-run Solar Energy Corp. of India (SECI).

Read more...

Babulwadi to house world's largest oil refinery

Babulwadi to house world's largest oil refinery

Babulwadi, a small village located in the Rajapur Taluk of Maharashtra's Ratnagiri district, is set to host the world's largest refinery and petrochemicals complex

Read more...

POWER/COAL/MINES/RE

GE T&D India managing director resigns

GE T&D India managing director resigns

GE T&D India today said its Managing Director Rathindra Nath Basu has resigned from the post and will take take a global role in GE Grid Solutions as Chief Commercial Officer

Read more...

Andhra Pradesh farmers to generate power with ‘Solar Farming’ scheme

Andhra Pradesh farmers to generate power with ‘Solar Farming’ scheme

Farmers in Andhra Pradesh will soon be producing electricity apart from growing crops. The State Energy Department is set to launch the scheme ‘Solar Farming’, the first-of-its-kind in the country

Read more...

India to announce policy for competitive domestic solar equipment manufacturing

India to announce policy for competitive domestic solar equipment manufacturing

India is working on a plan for making domestic manufacturing of solar power generation equipment competitive vis-à-vis other countries such as China.

Read more...

Coal India to hire 4,800 B-school graduates in five years to cement leadership

Coal India to hire 4,800 B-school graduates in five years to cement leadership

Coal India (CIL), the monopoly producer of the fuel in India, will hire about 4,800 business graduates over the next five years as it seeks to cement its global leadership status while scouting clean-energy revenue options.

Read more...

ADB, India ink $500 million loan pact to expand power connectivity

ADB, India ink $500 million loan pact to expand power connectivity

India and the ADB today signed a $500 million loan pact to expand inter-regional power connectivity in the country, and strengthen transmission system to accommodate renewable energy-generation capacity.

Read more...

Lack of pricing freedom leaves industry jittery on commercial coal mining

Lack of pricing freedom leaves industry jittery on commercial coal mining

India’s experiment with commercial mining of coal could face a red flag from the industry, which is concerned about the regulated market and stiff competition from state-owned Coal India (CIL)

Read more...

Wind power: Collusive bidding in offing? Turbine makers tell developers not to bid aggressively

Wind power: Collusive bidding in offing? Turbine makers tell developers not to bid aggressively

As the first tariff-based reverse auction for wind power got underway on Thursday, the Indian Wind Turbine Manufacturers Association (IWTMA) has cautioned industry stakeholders,

Read more...

MoU executed between RECTPCL and EESL

MoU executed between RECTPCL and EESL

Memorandum of Understanding (MoU) was executed between REC Transmission Projects Company Ltd. (RECTPCL) and Energy Efficiency Services Ltd. (EESL) for taking up Energy Efficiency and Energy Efficient Street Lighting projects.

Read more...

Power Grid to get $500-million loan from Asian Development Bank

Power Grid to get $500-million loan from Asian Development Bank

Power Grid Corp of India Ltd to get $500-million loan from Asian Development Bank (ABD) on 23 February 2017.
The central power transmission company, ministry of finance, and ADB signed an agreement for the loan on Thursday, and the disbursed funding will be used for Power Grid's two different projects

Read more...

Lower tax rates possible when all pay dues: Piyush Goyal

Lower tax rates possible when all pay dues: Piyush Goyal

The government can lower tax rates if people pay their dues sincerely, Union Power Minister Piyush Goyal said today.

Read more...

Centre’s share in state power generation almost doubles in 5 years

Centre’s share in state power generation almost doubles in 5 years

Even as power generation by state-run Gujarat State Electricity Corporation Ltd (GSECL) declines, the share of the central sector's contribution to state's electricity generation has almost doubled over the last five fiscals.

Read more...

Our sense of the environment is an article of faith

Our sense of the environment is an article of faith

India’s green energy sector has turned a corner after the record low wind and solar power winning bids.

Read more...

OIL AND GAS

Oil prices cling to gains as stockpiles rise for seventh week

Oil prices cling to gains as stockpiles rise for seventh week

Oil prices held gains on Friday on data showing US stockpiles rose for a seventh straight week but at a pace that was well below expectations, and news of oil being sold out of storage in Southeast Asia.

Read more...

US hits record high in crude oil exports

US hits record high in crude oil exports

Crude oil exports in the US hit a record high, delivering a million barrels a day for the consecutive second week, and filled the gap in the world markets, which was created by OPEC cutbacks.

Read more...

ONGC gets gas price guarantee from Gujarat, set to pave way for conclusion of GSPC deal

ONGC gets gas price guarantee from Gujarat, set to pave way for conclusion of GSPC deal

ONGC has been given an assurance by the Gujarat government that the national explorer will get at least $6/mmBtu for the gas from the Deen Dayal West (DDW) block in the Krishna Godawari basin in the first year of production.

Read more...

ONGC board approves pact to acquire GSPC stake for $1.2 bn

ONGC board approves pact to acquire GSPC stake for $1.2 bn

The Board of state-owned ONGCBSE 0.03 % has approved signing of definitive agreements for buying debt- laden GSPC's entire 80 per cent stake in KG-basin natural gas block for $ 1.2 billion.

Read more...

Route of LNG pipeline can’t be changed: GAIL to HC

Route of LNG pipeline can’t be changed: GAIL to HC

Dismissing apprehensions over safety of the 503-km LNG pipeline project from Kochi to Mangaluru, Gas Authority of India Ltd (GAIL) on Friday told the Kerala High Court no alternative route is possible for the project in the Malappuram and Kozhikode districts.

Read more...

Odisha withdraws fiscal sops to IOC refinery; step to spite Dharmendra Pradhan: BJP

Odisha withdraws fiscal sops to IOC refinery; step to spite Dharmendra Pradhan: BJP

The future of Rs 35,000-crore oil refinery of Indian Oil Coporation at Paradip is now in jeopardy after the Odisha government on Thursday said it was unable to provide a 99-year-interest-free unsecured bond to the oil PSU.

Read more...

No justification to allow tax sops to Paradip refinery: Odisha finance minister

No justification to allow tax sops to Paradip refinery: Odisha finance minister

A day after the state cabinet decided not to allow financial sops to IOCL 's 15 MMTPA Paradip refinery , finance minister Pradip Kumar Amat justified the move in the assembly on Thursday

Read more...

DMK urges Centre to give up proposed hydrocarbon exploration project in TN

DMK urges Centre to give up proposed hydrocarbon exploration project in TN

DMK working president M K Stalin on Friday submitted a representation to petroleum and natural gas minister Dharmendra Pradhan opposing the proposed hydrocarbon exploration and extraction project in and around Neduvasal village in Pudukkottai in Tamil Nadu Stalin met the minister in New Delhi.

Read more...

INFRASTRUCTURE

India proposes direct rail link to Kathmandu from Delhi & Kolkata; mulls cargo train to Bangladesh

India proposes direct rail link to Kathmandu from Delhi & Kolkata; mulls cargo train to Bangladesh

India is pushing for better land connectivity with neighblouring Nepal and Bangladesh for effective sub-regional cooperation despite the obstacles created by the absence of SAARC Motor Vehicles and Railways Agreements.

Read more...

India, ADB ink $375 mn loan pact for industrial corridor

India, ADB ink $375 mn loan pact for industrial corridor

India and ADB have signed USD 375 million pact for loans and grants to develop 800—km Visakhapatnam—Chennai Industrial Corridor, which is the first phase of a planned 2,500-km East Coast Economic Corridor.

Read more...

Seaways shipping and logistics opens new warehouse

Seaways shipping and logistics opens new warehouse

Seaways Shipping and Logistics Limited Friday said it has opened a new warehouse in its Free Trade Warehousing Zone (FTWZ) division at Sriperumbudur, near Chennai.

Read more...

Big push for road safety: Centre for audit of 300-km stretches in every state

Big push for road safety: Centre for audit of 300-km stretches in every state

The government has decided to go in for road safety engineering audit and asked each state to identify 300 km of stretches for the same in an attempt to improve road designing. Several highway development works are being taken up in the form of widening of road stretches to two, four and six lanes, which take time for completing the pre-construction activity, including land acquisition, the Ministry of Road Transport and Highways (MoRTH) has said.

Read more...

Italy eyes investments in Indian Railways, manufacturing, set to end hiatus in ties after row over marine

Italy eyes investments in Indian Railways, manufacturing, set to end hiatus in ties after row over marine

Italy is sending a 200-member delegation to India in April to scout for investment in railways and manufacturing, New Delhi’s envoy said, ending a hiatus in ties caused by the row over the arrest of Italian marines.

Read more...

New system soon to check train delays on Ghaziabad-Kanpur route

New system soon to check train delays on Ghaziabad-Kanpur route

To make the movement of about 200 trains faster on a highly congested route, the railways is inching closer to equip the entire Ghaziabad-Kanpur route with modern signalling and communication system

Read more...

Warm Regards,

Team EnergyInfraPost.com
Twitter: @energyinfrapos1
Ph: 9810661825

2016 EnergyInfraPost.com | Contact Us 
B 306, First Floor, Saraswati Vihar, Pitampura, New Delhi