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​GOOD EVENING INDIA!

November , 17, 2018 , Saturday

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

POWER/COAL/MINES/RE

Govt’s solar park plan a lifeline for power transmission business

Govt’s solar park plan a lifeline for power transmission business

The government’s decision last month to double solar park capacity to 40,000 megawatts (MW) in three years has opened up a new business opportunity worth up to Rs 20,000 crore for power transmission companies.

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solar power

How the world’s largest solar park is shaping up in Karnataka

Heat that can give you blisters. Fluoride contaminated water that can leave your bones brittle. Endless stretches of barren land where rains have stayed away for almost half a century.

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Bharuch to be lit up with 14,000 LED lamps, thanks to Surat Municipal Corp

Bharuch to be lit up with 14,000 LED lamps, thanks to Surat Municipal Corp

Bharuch town will be illuminated with more than 14,000 LED street lamps. Thanks to Surat Municipal Corporation (SMC) for taking up the gigantic task in a record four days.

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Rajendra Agricultural University develops new solar irrigation system

Rajendra Agricultural University develops new solar irrigation system

Rajendra Agricultural University, Pusa (Samastipur) has developed a boat-based solar pumping system to irrigate fields

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Coal gas can help lower import bill by $10 bn in 5 yrs: Coal Secy Susheel Kumar

Coal gas can help lower import bill by $10 bn in 5 yrs: Coal Secy Susheel Kumar

Domestic coal gas can be used as a feedstock for producing urea and other chemicals that can help reduce the country's import bill by USD 10 billion in five years and cut carbon emissions, a top official said.

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KVIC created employment opportunities in Varanasi through solar charkhas: Survey

KVIC created employment opportunities in Varanasi through solar charkhas: Survey

Distribution of solar charkhas and looms and training of women were among the initiatives taken by the Khadi commission to create job opportunities in the Prime Minister's adopted villages in Varanasi.

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Coal India rallies on Central Coalfields' nod to buyback plan

Coal India rallies on Central Coalfields' nod to buyback plan

Coal India rallied nearly 2 per cent on Monday to become the top Sensex gainer in morning trade after world's largest coal producer said its arm Central Coalfields has approved a share buyback plan worth Rs 1,001.88 crore.

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Mahindra developing 3-4 e-vehicles in affordable segment

Mahindra developing 3-4 e-vehicles in affordable segment

Mahindra & Mahindra (M&M) is focusing on developing 3-4 electric vehicles in the Rs 8-10 lakh price bracket as it aims to bring in models that are affordable for masses and help in reducing air pollution.

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OIL AND GAS

crude oil

Global Crude oil price of Indian Basket was US$ 54.02 per bbl on 03.03.2017

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$ 54.02 per barrel (bbl) on 03.03.2017

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GSPC scraps plans for stake sale in 20 onshore E&P blocks

GSPC scraps plans for stake sale in 20 onshore E&P blocks

Gujarat State Petroleum Corp. Ltd (GSPC) has scrapped a plan to sell a stake in 20 of its onshore exploration and production (E&P) blocks, two officials aware of the development said.

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Petroleum Minister Pradhan in US to showcase India's oil and gas field discoveries

Petroleum Minister Pradhan in US to showcase India's oil and gas field discoveries

Petroleum Minister Dharmendra Pradhan, who is in Houston to showcase India's oil and gas field discoveries at the CERA Week conference

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Crude oil prices fall on doubts over Russia's compliance with deal to cut output

Crude oil prices fall on doubts over Russia's compliance with deal to cut output

Oil prices slipped in Asian trade on Monday, wiping out some of the gains of the previous session amid ongoing concern over Russia's compliance with a global deal to cut oil output.

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Investments not aimed at profits alone: Indian Oil chairman B. Ashok

Investments not aimed at profits alone: Indian Oil chairman B. Ashok

With private investors remaining shy of making large bets, state-run companies are taking the lead in asset creation and driving economic growth

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Titans of oil world meet in Houston after two-year price war

Titans of oil world meet in Houston after two-year price war

The biggest names in the oil world come together this week for the largest industry gathering since the end of a two-year price war that pitted Middle East exporters against the firms that drove the shale energy revolution in the United States.

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Floating Liquefied Natural Gas production bows out as U.S. exports roil market

Floating Liquefied Natural Gas production bows out as U.S. exports roil market

Once considered the future of gas production, floating liquefied natural gas (FLNG) projects have been firmly relegated to the backburner as global gas producers seek cheaper ways to compete with a surge in U.S. shale supplies and slumping prices.

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INFRASTRUCTURE

SAIL may undertake the operation and maintenance of MIEL

SAIL may undertake the operation and maintenance of MIEL

The government is examining the possibility of the Steel Authority of India Ltd., undertaking the operation and maintenance of Monnet Ispat & Energy Ltd.

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China invested over USD 50 bln in Silk Road project: Official

China invested over USD 50 bln in Silk Road project: Official

China has invested over USD 50 billion in the countries along the Silk Road after it proposed the Belt and Road Initiative in 2013, a senior Chinese official said today.

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News in Numbers | Indian Railways expects to save Rs41,000 crore in energy bills

News in Numbers | Indian Railways expects to save Rs41,000 crore in energy bills

Indian Railways is the single-largest consumer of electricity in the country, consuming around 17.5 billion units a year.

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Bagged Rs 1,500-crore orders post demonetisation: Capacite Infraprojects

Bagged Rs 1,500-crore orders post demonetisation: Capacite Infraprojects

Capacit'e Infraprojects, a construction company focused on residential, commercial and institutional buildings, has obtained orders totaling Rs 1,500 crore, the company said in a release.

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