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​GOOD MORNING INDIA!

November , 20, 2018 , Tuesday

Daily News Updates On Energy and Infrastructure Sector From Across The Media Space

EDITOR’S PICK 

Demonetisation helps discoms recover Rs2,875.42 crore in dues

Demonetisation helps discoms recover Rs2,875.42 crore in dues

Customers rushed to pay electricity bills in old currency notes in the days after the demonetisation move, helping power utilities clock an aggregate 13.6% increase in collections between 10 November and 15 December.

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India Said to Explore New Sites for Building Nuclear Projects

India Said to Explore New Sites for Building Nuclear Projects

India is exploring new locations, in addition to those already identified, to build nuclear power plants and meet its generation goal, a government official with direct knowledge of the matter said.

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strategic

What India’s strategic fuel reserve means for Gulf oil producers

Every country needs a strategic fuel reserve to tide over conflict, natural disaster or a potential economic blockade. India is well on its way to doing the same, with a bit of help from its traditional oil suppliers in the Gulf

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PMO steps in to give Dabhol Power Project new lease of life

PMO steps in to give Dabhol Power Project new lease of life

The Prime Minister’s Office (PMO) has stepped in to keep afloat Ratnagiri Gas and Power, the second avatar of the jinxed Dabhol power project.

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Asia must spend US$26 trillion on infrastructure by 2030: ADB

Asia must spend US$26 trillion on infrastructure by 2030: ADB

Asian nations must spend US$26 trillion by 2030 on infrastructure to battle poverty, boost economic growth and fight climate change, the Asian Development Bank warned on Tuesday (Feb 28).

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POWER/COAL/MINES/RE

NTPC Delivers A Strong Operational Performance

NTPC Delivers A Strong Operational Performance

Delivering strong performance on operational front, NTPC Group has registered 4.67 % growth in generation in the Current Financial over last financial year​.

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Coal India production grows 6.5 per cent in February to 54.3 MT

Coal India production grows 6.5 per cent in February to 54.3 MT

Coal India registered a healthy 6.5 per cent growth in coal production to clock 54.30 million tonnes in February, this year compared to 50.98 million tonnes achieved in the corresponding period, last year

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portfolio

ABB India surpasses 4.5 GW renewable energy portfolio

Power equipment company ABB India today said the company has surpassed a portfolio of 4.5 Gigawatt renewable capacity with delivery of over 2,000 units of power generators in the country.

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Mahanadi Coalfields approves Rs1,617 crore share buyback plan

Mahanadi Coalfields approves Rs1,617 crore share buyback plan

The board of Mahanadi Coalfields Ltd has agreed to release Rs1,617.06 crore in cash through a share buyback, almost Rs600 crore more than it had agreed to release in June last year, Coal India Ltd (CIL) said on Wednesday.

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Coal scam: CBI gets two months to respond to Javadekar’s plea

Coal scam: CBI gets two months to respond to Javadekar’s plea

A special court on Wednesday granted CBI two months to respond to the objections of Union ministers Prakash Javadekar and Hansraj Ahir against its move to close a coal scam case.

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World Bank 'options' for resolving Kishenganga, Ratle hydro deadlock

World Bank 'options' for resolving Kishenganga, Ratle hydro deadlock

The World Bank today suggested some "options" for resolving the deadlock between India and Pakistan over Kishenganga and Ratle projects, which come under the Indus Water Treaty.

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Don't allow mining in Kappatagudda

Don't allow mining in Kappatagudda

The controversy and the agitation over the removal of ‘conservation reserve’ forest status given to Kappatagudda in Gadag district of Karnataka is a classic case of private interests trying to trump larger public interest of the state and the sentiments of the people.

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Corporation to promote solar energy in a big way

Corporation to promote solar energy in a big way

The civic body that has installed 44 kW capacity solar panels atop the roof of Anna Maaligai, its office, at a cost of Rs 55 lakh in 2016, a first-of-its-kind in Tamil Nadu, is reaping the benefits now handsomely

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Donald Trump Poised To Lift Federal Coal Ban, Other Green Rules: White House

Donald Trump Poised To Lift Federal Coal Ban, Other Green Rules: White House

US President Donald Trump will target a handful of Obama-era green regulations, including a federal coal mining ban and an initiative forcing states to cut carbon emissions, in an executive order as soon as next week, a White House official told Reuters on Wednesday

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Madhya Pradesh

India’s SECI scraps 150MW local content solar tender in Rajasthan

Solar Energy Corporation of India (SECI) has scrapped 150MW of solar capacity that was due to be auctioned under local content rules.

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Status of Rural Electrification​: ​Over 12000 Villages Electrified​ ​(As on 06.02.2017)

Jaitley urges Nepal to focus on improving power transmission lines, railway

Finance Minister Arun Jaitley, who is currently attending the two-day Nepal Investment Summit 2017, stressed on the need to improve power transmission lines and the railway services in the country

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OIL AND GAS

crude

Global Crude oil price of Indian Basket was US$ 55.33 per bbl on 01.03.2017

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$ 55.33 per barrel (bbl) on 01.03.2017.

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Shri Pradhan to deliver keynote speech at MIT Energy Conference on “Balance of Power – Changing Energy Paradigm” in Boston

Oil Minister Pradhan to deliver keynote speech at MIT Energy Conference on “Balance of Power – Changing Energy Paradigm” in Boston

Minister of State (I/C) for Petroleum and Natural Gas, Shri Dharmendra Pradhan will be visiting Boston and Houston, USA from 3-7 March 2017 along with a delegation comprising CEOs of Public Sector Oil and Gas companies

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Reliance Industries’ promoter entities to rejig shareholding in firm

Reliance Industries’ promoter entities to rejig shareholding in firm

Reliance Industries promoters group plans to restructure its stake holding among promoter entities, without changing the total promoter group holding in the company, the company notified the bourses on Thursday.

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Work on TAPI pipeline to begin in Pakistan tomorrow: Official

Work on TAPI pipeline to begin in Pakistan tomorrow: Official

The work on the long-awaited 1,680 km Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline, which will help ease energy deficiency in South Asia, will start in Pakistan tomorrow, a senior Pakistani official said today

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production

Russian oil production cutting drive stalled in February

Russia's oil output was unchanged in February from January at 11.11 million barrels per day (bpd), signalling a pause in Moscow's efforts to curb production as part of a global deal, Energy Ministry data showed on Thursday.

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record

Oil falls for third day as U.S. inventories hit record high

Crude oil fell for a third consecutive session on Thursday as a record build-up in U.S. stockpiles weighed on the market, with producers boosting shale oil productio

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Crude oil falls for third consecutive day as US inventories hit record high

Crude oil falls for third consecutive day as US inventories hit record high

Crude oil fell for a third consecutive session on Thursday as a record build-up in US stockpiles weighed on the market, with producers boosting shale oil production.

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Hydrocarbon: Minister says Centre will not implement project

Hydrocarbon: Minister says Centre will not implement project

Union Minister Pon Radhakrishnan today said the Centre will not implement any project that may be inimical to the farmers’ interests and ONGC said it has nothing to do wiht the project.

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INFRASTRUCTURE

Tata Sponge Iron receives Letter of Intent from Eastern Coalfields as the successful bidder

Steel Minister Chaudhary Birender Singh address Regional conference on Enhancing steel consumption in India organized by Steel Ministry in Gangtok, Sikkim

The maiden regional conference of Eastern States, on the theme of ‘Enhancing steel consumption in India’ was inaugurated by the Union Minister of Steel Shri Chaudhary Birender Singh today in Gangtok, Sikkim.

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Minister for Railways inaugurates key freight sector initiatives of Indian Railways

Minister for Railways inaugurates key freight sector initiatives of Indian Railways

Indian Railways Freight and Passenger Business Action Plan -2017-18 was launched today Minister of Railways Shri Suresh Prabhakar Prabhu inaugurated following key freight sector initiatives today i.e. 02-03-17 at National Rail Museum, New Delhi

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Suresh Prabhu unveils rail ministry’s plans for new fiscal

Suresh Prabhu unveils rail ministry’s plans for new fiscal

Railways minister Suresh Prabhu did not present the Rail Budget this year. But his speech on Thursday at an official function here was nothing short of Budget presentation

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Karnataka Govt to Scrap Rs 1,761 Cr Sateel Flyover Project Following Protests

Karnataka Govt to Scrap Rs 1,761 Cr Sateel Flyover Project Following Protests

In a major victory to citizens, the proposed Rs 1,761 crore steel flyover in Bengaluru has been scrapped following opposition from environmentalists and rights groups who claimed that more than 800 trees will be cut for the project.

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Railways offers discounts to customers to gain lost ground in freight share

Railways offers discounts to customers to gain lost ground in freight share

Railways on Thursday offered discounts to customers to gain lost ground in freight share, which has been witnessing a decline over the years.

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JCB India commits to infrastructure development in NE India through its new range of products

JCB India commits to infrastructure development in NE India through its new range of products

With this new range of infrastructure equipment, JCB India has transformed its product portfolio and has positioned itself as a full range infrastructure equipment partner.

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Warm Regards,

Anupama Airy

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