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​Good Afternoon INDIA!

November , 16, 2018 , Friday

Sunday Special Newsletter On Energy and Infrastructure Sector 

EDITOR'S PICK

India's unemployment rate drops 50% in 7 months on Modi govt's rural push

India's unemployment rate drops 50% in 7 months on Modi govt's rural push

UP has logged the highest rate of decline in unemployment rate among major states in the period between August 2016 and February this year on the back of Centre's focus on rural jobs scheme MGNREGA.

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POWER/COAL/MINES/RE

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NLC to invest over Rs 14,000 cr in thermal, solar power plants in Odisha

Chennai-based navratna PSU company, NLC India Ltd (formerly Neyveli Lignite Corporation), has firmed up plans to set up a pithead coal-based power project in Odisha with a capacity of 3,200 Mw.

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Electric vehicle sales to get a boost amid pollution and energy security concerns

Electric vehicle sales to get a boost amid pollution and energy security concerns

This love affair began in the 1980s. Chetan Maini, then a sprightly teenager, was part of the core solar car team at the University of Michigan in the US and Australia.

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Thermal power generation to reduce by half in next five years

Thermal power generation to reduce by half in next five years

Coal-fired power generation is expected to grow 4.05 per cent during 2017-18, suggests Central Electricity Authority (CEA) in its latest estimates.

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Delay in power project: Defaulter contractors to face penalties

Delay in power project: Defaulter contractors to face penalties

With the implementation of the Restructured Accelerated Power Development & Reforms Programme (RAPDRP) running behind schedule, the government has directed the Power Development Department (PDD) to impose penalties on defaulter contractors.

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Tripura to sell more power to Bangladesh, says power minister Manik Dey

Tripura to sell more power to Bangladesh, says power minister Manik Dey

The state is all set to sell 60MW to Bangladesh soon, power minister Manik Dey said on Saturday.

The Tripura State Electricity Corporation Ltd has been selling 100MW power to the neighbouring country since last year, Dey said. This was from the power generated at OTPC's Palatana plant in Udaipur.

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Western Coalfields seeks exemption on Coal India's share buyback

Western Coalfields seeks exemption on Coal India's share buyback

Coal India’s fourth largest mining subsidiary, Western Coalfields Ltd (WCL) is likely to abstain from partially extinguishing its own shares in the ongoing buyback process and thereby will not transfer any of its free reserves to its mother company.

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Reliance Green Power divests stake in RPL Aditya Power

Reliance Green Power divests stake in RPL Aditya Power

Reliance Power today said its arm Reliance Green Power has disposed of its entire holding in its subsidiary RPL Aditya Power.

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Prices of renewable certificates slashed

Prices of renewable certificates slashed

The Central Electricity Regulatory Commission (CERC) has reduced the prices of Renewable Energy Certificates (RECs) to a historic low in a move that could resurrect the market for them.

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NHPC’s R2. 616-crore share buyback begins

NHPC’s R2. 616-crore share buyback begins

State-owned hydropower producer NHPC, in a regulatory filing, on Friday said its offer to buy back shares worth R2,616 crore opened on Friday.

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Ready for development talks with CM on any of Kashi ghats: Piyush Goyal

Ready for development talks with CM on any of Kashi ghats: Piyush Goyal

Replying to a query attributing the cabinet ministers' visit as nervousness of BJP during elections, the power minister said

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World's largest coal miner CIL set to venture into clean coal projects in Bengal

World's largest coal miner CIL set to venture into clean coal projects in Bengal

Coal India has decided to venture into cleaner coal technologies at a time when coal demand is muted and lower realisation a headache for the global miner.

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Will a Record-Low Wind Power Tariff Hurt Energy Producers’ Profits?

Will a Record-Low Wind Power Tariff Hurt Energy Producers’ Profits?

Despite the recently concluded wind power auction shifting the focus back to the sector, industry experts have been divided on the financial viability of the feed-in tariff for power generating companies.

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E-vehicle sales up, but so are 'polluting' diesel hybrids

E-vehicle sales up, but so are 'polluting' diesel hybrids

The capital accounted for about 62% of the electric vehicles sold in the country in 2016. While it may seem like Delhi is leading the transition towards non-polluting vehicles

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OIL AND GAS

TN yet to tap natural gas potential

TN yet to tap natural gas potential

Tamil Nadu is yet to tap the benefits of using natural gas as a fuel for home and industry despite its huge manufacturing base and urbanised environment.

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More than 10.5 million household in India gave up LPG subsidy after PM Narendra Modi’s appeal: Dharmendra Pradhan

More than 10.5 million household in India gave up LPG subsidy after PM Narendra Modi’s appeal: Dharmendra Pradhan

Union Petroleum Minister Dharmendra Pradhan has today said that more than 10.5 million household in India have given up their subsidy in LPG.

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Oil rebounds from recent weakness, still rangebound

Oil rebounds from recent weakness, still rangebound

Oil prices surged on Friday, as a weaker dollar encouraged buying but investors remained cautious after Russian production figures showed weak compliance with a global deal to cut output.

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Video goes viral on social media, helps expose petrol pump scam in Mumbai

Video goes viral on social media, helps expose petrol pump scam in Mumbai

Thanks to this 35-year-old entrepreneur, Mumbai citizens are unlikely to be exploited by petrol pumps across the city.

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Crude Rises as Libya's Biggest Oil Port Seizure Threatens Output

Crude Rises as Libya's Biggest Oil Port Seizure Threatens Output

Oil rose from a three-week low amid reports that the Benghazi Defense Brigades forces captured Libya’s biggest oil port.

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INFRASTRUCTURE

Indian Railways to auction branding and advertising rights of trains

Indian Railways to auction branding and advertising rights of trains

The next time you board a Dehradun or Lucknow Shatabdi, it might be wrapped in Patanjali Ayurved signage and be called the Patanjali Shatabdi.

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Railways plan to save energy worth Rs 41,000 cr in 10 yrs: Suresh Prabhu

Railways plan to save energy worth Rs 41,000 cr in 10 yrs: Suresh Prabhu

Union Railway Minister Suresh Prabhu today said his Ministry has drawn up an action plan to save energy worth Rs 41,000 crore over the next ten years.

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Railways carries billion tonne cargo till Feb-end thanks to revival in coal, metals

Railways carries billion tonne cargo till Feb-end thanks to revival in coal, metals

Indian Railways, which has been witnessing a downward trajectory in its freight segment, said it has crossed its revised estimates for freight loading till February this financial year.

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Railway Minister Suresh Prabhu in talks with 6 global cos for high speed trains

Railway Minister Suresh Prabhu in talks with 6 global cos for high speed trains

Discussions by the Railway Ministry with top six global companies for the launch of very high speed trains in India that can travel at a speed of 600kms per hour was in the advanced stage, Railway Minister Suresh Prabhu said today.

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Suresh Prabhu clears Cabinet note for independent railway development authority

Suresh Prabhu clears Cabinet note for independent railway development authority

Inching a step closer to setting up an independent regulatory body, ministry of railways has sent a Cabinet note for the institutionalisation of the Railway Development Authority (RDA). “The Cabinet note for independent regulator has been signed by railway minister Suresh Prabhu and we have sent it for Cabinet approval,” said an official from the ministry of railways requesting anonymity. 

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IIT-B Professors Help the Railways Design Timetables in Less Than 5 Minutes. Here’s How!

IIT-B Professors Help the Railways Design Timetables in Less Than 5 Minutes. Here’s How!

According to a report by The Times of India, the team has developed a software that can be used to create the suburban railway schedules.

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Andhra to sign MoU with TERI to make Amaravati a green energy city

Andhra to sign MoU with TERI to make Amaravati a green energy city

The Energy Resources Institute is keen on entering into an MoU with the Andhra Pradesh government to help in making Amaravati a smart and energy efficient global city, TERI director general Ajay Mathur has said.

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