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​GOOD MORNING INDIA!

November , 14, 2018 , Wednesday

Daily news updates from Energy and Infrastructure Sector 

EDITOR’S PICK

Coming Soon – EESL's Super-Efficient Air Conditioner That Is 40% More Efficient Than The Best AC In India

Coming Soon – EESL's Super-Efficient Air Conditioner That Is 40% More Efficient Than The Best AC In India

In contrast to present ACs which have a fixed speed drive, Invertor ACs or super-efficient ACs have variable frequency and is an air conditioner which is atleast 5.2 and 40% more efficient then the best in class available in the Indian market, EESL MD, Saurabh Kumar

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POWER/COAL/MINES/RE

Environment lobby split, TERI harps on mix of renewable and storage, CSE says coal power here to stay

Environment lobby split, TERI harps on mix of renewable and storage, CSE says coal power here to stay

The environment lobby seems to be a divided house with agencies like that of The Energy Resource Institute (TERI) and Centre for Science and Environment (CSE) taking different stand on the future of power generation in India

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L&T Hydrocarbon Engineering gets 5-year job order from Shell

L&T Hydrocarbon Engineering gets 5-year job order from Shell

Larsen & Toubro has signed a five year-framework agreements with Shell Global Solutions International B.V., for providing engineering, procurement and construction management services for the latter’s projects in the Middle East, South East Asia and India, the engineering major said in a statement on Tuesday

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PTC India

PTC India to be nodal entity for supply of wind power

PTC India today said it will be the nodal entity for purchase and supply of electricity from wind power projects of 1000 MW auctioned by government.

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Discrimination on religious ground in electrification in UP: Piyush Goyal

Discrimination on religious ground in electrification in UP: Piyush Goyal

Minister of state (independent charge) for power, coal, new and renewable energy and mines Piyush Goyal accused the UP government of partiality on the ground of religion on the issue of electrification and power supply in the state.

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allocation

Sufficient allocation to power sector sought

Energy expert and former member of KSEB (Generation) K. Radhakrishnan wanted the power sector to be provided due importance through sufficient allocations in the State budget. “In recent years this key infrastructure sector had been denied budgetary support

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2017-18

‘Power demand not to go up in 2017-18’

A society headed by a former chairman of the Madhya Pradesh Electricity Board P L Nene has said that there will be no growth in demand for power in the coming financial year 2017-18. This comes against likely projection of 10.32% increase in power demand by discoms

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KERC mulls surcharge for those opting out of grid power

KERC mulls surcharge for those opting out of grid power

A move by major stakeholders to shift from grid to captive and or green energy could come at a cost

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clean coal

Energy security from “clean coal”, CCS & CSG. What could possibly go wrong?

For the last two decades, every few years the fossil fuel industry, via whatever politicians they are then manipulating, have another go at forcing “clean coal”, carbon capture and storage (CCS) and more recently coal seam gas (CSG) on an increasingly sceptical community to justify their continued expansion

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Govt to bring new hydro policy next fiscal: Power Secretary P K Pujari

Govt to bring new hydro policy next fiscal: Power Secretary

The government will bring out a new policy for the hydro power sector next fiscal to boost this clean source of energy, a senior official said today.

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reopen

Air quality better, Badarpur plant to reopen

The Environment Pollution Control Authority(EPCA) has allowed the Badarpur power plant to reopen from March 15 until next winter, but with certain conditions.

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MoEF to appraise forest clearance for Uttarakhand’s Devsari HEP

MoEF to appraise forest clearance for Uttarakhand’s Devsari HEP

Environment ministry’s forest advisory committee (FAC) on forests is set to appraise the 252 MW Devsari hydroelectric project (HEP) in Chamoli district, Uttarakhand, for diversion of 196 hectares of forests.

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6 Countries Leading the Way in the Global Renewable Energy Boom

6 Countries Leading the Way in the Global Renewable Energy Boom

As President Trump transitioned into office, clean energy continued to overtake fossil fuels as the main source of new energy investments around the world.

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India and ADB sign loans and grants for first phase of East Coast Economic Corridor

India and ADB sign loans and grants for first phase of East Coast Economic Corridor

The Asian Development Bank (ADB) and the Government of India signed here $375 million in loans and grants to develop 800-kilometer Visakhapatnam-Chennai Industrial Corridor, which is the First Phase of a planned 2,500–kilometer long East Coast Economic Corridor (ECEC).

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OIL AND GAS

Modi to inaugurate Rs 30,000 crore OPaL petrochemical project in March

Modi to inaugurate Rs 30,000 crore OPaL petrochemical project in March

Prime Minister Narendra Modi will inaugurate ONGC Petro Additions Ltd’s (OPaL) mega petrochemical project at Dahej on 7 March, oil minister Dharmendra Pradhan said today.

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27.02.2017

Global Crude oil price of Indian Basket was US$ 55.36 per bbl on 27.02.2017

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$ 55.36 per barrel (bbl) on 27.02.2017

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Centre pays Gujarat, Assam Rs 22,000 crore royalty to bail out ONGC, OIL

Centre pays Gujarat, Assam Rs 22,000 crore royalty to bail out ONGC, OIL

The government has bailed out state-owned oil producers Oil and Natural Gas Corp (ONGC) and Oil India from a potential liability of about Rs 22,000 crore in royalty dues to states like Gujarat and Assam.

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Saudi Arabia needs to forget oil and go solar, says man behind Kingdom's crude clout

Saudi Arabia needs to forget oil and go solar, says man behind Kingdom's crude clout

For more than two decades, the oil market hung to Ali al-Naimi’s every word -- whether he was taking a characteristic stroll at dawn on Vienna’s Ringstrasse, hurrying through a hotel lobby after a conference, or dodging throngs of reporters at an OPEC meeting.

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policy

Govt to prepare policy on alternative fuels: Nitin Gadkari

The government is set to make a policy framework on large scale production of ethanol from agricultural sources and methanol from coal that will help double farmers’ income, cut down crude oil imports and encourage global automobile companies like Toyota Motor Corp. to launch their flexible fuel vehicles in India, road transport and highways minister Nitin Gadkari said

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ONGC-HPCL

An ONGC-HPCL merger would give India heft in global M&A scene

Reports say that Oil and Natural Gas Corporation   (ONGC) may buy out government’s 51.1-percent stake in Hindustan Petroleum Ltd (HPCL) by paying Rs 29,000 crore for it. The company will also have to pay an additional Rs 15,000 crore to buy shares from the market, according to the takeover code

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Iran regaining OPEC’s market share

Iran regaining OPEC’s market share

Iran’s exports of oil stood at 2.35 million bpd before the sanctions were imposed against the country in 2011.

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Bring natural gas under GST fold: BC Tripathi, CMD GAIL

Bring natural gas under GST fold: BC Tripathi, CMD GAIL

Chairman of Gas Authority of India Limited (GAIL), B C Tripathi on Monday sought waiver off customs duty on LNG and raised his decibel for bringing in “natural gas” into GST fold, yelling that India desperately requires “a well crafted integrated energy policy” in the absence of which, it cannot move towards gas based economy and hardly create an intense urge and addiction for mass consumption of natural gas.

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INFRASTRUCTURE

India's core infra industries' output grows by 3.4% in January

India's core infra industries' output grows by 3.4% in January

The growth of eight core sectors slowed down to a five-month low of 3.4% in January, mainly due to contraction in output of refinery products, fertiliser and cement

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Railways to play a significant role in developing India: Suresh Prabhu

Railways to play a significant role in developing India: Suresh Prabhu

In an exclusive chat with ET Now, Suresh Prabhu, Railway Minister speaks about the listing of rail PSUs, funding and privatisation.

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stepped

Railway capex stepped up under NDA govt, says Suresh Prabhu

The Railway Ministry has stepped up capital expenditure under the NDA government, said Railway Minister Suresh Prabhu. In the last two and a half years, the ministry has spent almost all the money allotted to it in the Budget, something that never happened under earlier administrations, he said

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need

ADB says Asia needs to double infrastructure spending

Developing countries in Asia and the Pacific will need to invest up to $1.7 trillion a year, or $26 trillion through 2030, to meet their infrastructure needs and to maintain the region’s growth momentum — more than double the previous estimate in 2009, an Asian Development Bank report said Tuesday

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Hyperloop High-Speed Transport System Is Coming To India. Here’s What We Know

Hyperloop High-Speed Transport System Is Coming To India. Here’s What We Know

The much talked about Hyperloop technology, that will drastically reduce travel time using pod-like vehicle moving through vacuum tubes, is officially coming to India, Business Insider has reported. It will allow passengers to travel at a speed of 1000 kmph, higher than that of a passenger plane

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mobile app

Cooperation between agencies key to ensuring passenger safety: Suresh Prabhu

Railway Minister Suresh Prabhu on Tuesday said better cooperation and sharing of intelligence between different government agencies was needed to ensure passenger safety and security on the Indian Railways network.

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India’s Chabahar port plan runs into Iran loan application hurdle

India’s Chabahar port plan runs into Iran loan application hurdle

Eight months after the loan agreement was signed, Exim Bank is still awaiting the completion of an application from the Port and Maritime Organization of Iran with instructions to disburse the funds

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India to generate 1,229 billion units of power in 2017-18 from thermal, hydro, nuclear sources

India to generate 1,229 billion units of power in 2017-18 from thermal, hydro, nuclear sources

The government has set a target of generating 1,229.4 billion units in 2017-18 from thermal, hydro and nuclear sources along with imports from Bhutan, Central Electricity Authority data showed.

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Warm Regards,

Anupama Airy

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