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November,14,2018,Wednesday

Latest Updates In Energy and Infrastructure 

EDITOR's PICK

India's Solar Power Capacity That Stood At Less Than 3000 MW In 2014 Crossed 10,000 MW in Less Than 3 Years

India's Solar Power Capacity That Stood At Less Than 3000 MW In 2014 Crossed 10,000 MW in Less Than 3 Years

India's solar power generation capacity crossed 10,000 MW mark today, registering a three time increase in less than three years.

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IIP rises 2.7% in January, shrugging off demonetisation impact

IIP rises 2.7% in January, shrugging off demonetisation impact

India’s factory output, as measured by the index of industrial production (IIP), rose 2.7% in January, apparently shrugging off the impact of demonetization.

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NTPC installs India’s largest Floating Solar PV Plant at RGCCPP Kayamkulam, Kerala

NTPC installs India’s largest Floating Solar PV Plant at RGCCPP Kayamkulam, Kerala

A 100 kWp Floating Solar PV plant, the largest of its kind in India as on date, indigenously developed as a part of ‘Make In India’ initiative, was inaugurated on Friday at Rajiv Gandhi Combined Cycle Power Plant (RGCCPP) Kayamkulam, Kerala.

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POWER/COAL/MINES/RE

Major bureaucratic reshuffle in central government

Major bureaucratic reshuffle in central government

As many as 16 Joint Secretaries have been appointed in different central government departments as part of mid-level bureaucratic reshuffle effected on Friday.

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Power Secretary P K Pujari gets additional charge of DoT Secy

Power Secretary P K Pujari gets additional charge of DoT Secy

Power Secretary Pradeep Kumar Pujari was today given additional charge of the post of Secretary, Department of Telecommunications (DoT). The move comes after former Telecom Secretary J S Deepak was named India's next Ambassador to the World Trade Organisation (WTO).

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Apple to use 100 per cent renewable energy for manufacturing in Japan

Apple to use 100 per cent renewable energy for manufacturing in Japan

Apple said it has partnered with component supplier Ibiden to power all of its manufacturing in Japan with 100 per cent renewable energy. To meet the commitment, Ibiden will invest in more than 20 new renewable energy facilities, including one of the largest floating solar photovoltaic systems in the country

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Mines auction to fetch states Rs 15 lakh cr in 201718: Secy

Mines auction to fetch states Rs 15 lakh cr in 201718: Secy

Mines auction is likely to fetch Rs 1.5 lakh crore to states' kitty in 2017-18, a top official said. The first tranche of auctions, which started last year, saw bidding of 21 mine blocks that fetched Rs 73,000 crore to states.

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India's manpower, Finland's tech prowess must be leveraged:Goyal

India's manpower, Finland's tech prowess must be leveraged:Goyal

India's skilled manpower and Finland's high-end tech prowess should be leveraged under the 'Make in India' initiative for an efficient and cost-effective business framework, Power Minister Piyush Goyal said today.

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electric vehicle

Green is in: NTPC likely to enter electric vehicle sector

Enthused by India's electric vehicle (EV) market potential, state-owned energy company NTPC Ltd is exploring a new business around it.

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Solar Power Generation

Price of solar power may fall further in FY18

Solar power generation costs are set to dip further during third and fourth quarter of 2017-18, helped by expected softening of interest rates and a drop in solar panel prices due to a supply glut in the international market, analysts say.

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N B Gupta

N B Gupta recommended as PFC’s director finance

The Public Enterprises Selection has recommended Naveen Bhushan Gupta’s name for the post of director finance at Power Finance Corporation.

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Solar air heating in factories reduces carbon emissions

Solar air heating in factories reduces carbon emissions

Solar air heating has not received much attention in India although utilising solar energy to produce electricity and other solar thermal energy applications are popular and visible.

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J&K Government

Govt notifies grid connected solar power policy for JK

The J&K Government has issued notification regarding formulation of Policy for Grid Connected Rooftop Solar Photovoltaic Power Plants Policy – 2017 under its Order No: 15-ST of 2017 Dated 21-02-2017, an official spokesperson said

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Price control may come back to iron ore, coal

Price control may come back to iron ore, coal

The government is planning to bring in fresh checks on pricing of natural resources such as iron ore and coal. An inter-ministerial group, led by the steel ministry and Niti Aayog, will begin work soon to determine whether a pricing cap should be put to prevent profiteering by miners.

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Costa Rican indigenous women to learn about solar power in India

Costa Rican indigenous women to learn about solar power in India

Four indigenous women belonging to Costa Rica’s Gnöbe Bugle ethnic group will learn how to build, set up and maintain solar panels to bring electricity to their community in the southern Pacific region.

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trapped

17 trapped in coal mine in China

At least 17 people have been trapped in a coal mine in northeast China when a cage suspending them went for a free fall after its cable snapped.

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HC upholds cancellation of JPL bids for 3 coal mines

HC upholds cancellation of JPL bids for 3 coal mines

The Delhi High Court today upheld the government's decision to cancel the bid of Jindal Power Ltd (JPL) for three Chhattisgarh coal mines by annulling the tender process, saying the Coal Ministry's view that fair value was not achieved cannot be faulted.

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Cairn liable to pay Rs 10,000 capital gains tax over 2006 transfer of shares: Tax tribunal rules

Cairn liable to pay Rs 10,000 capital gains tax over 2006 transfer of shares: Tax tribunal rules

The Income Tax Appellate Tribunal has upheld the levy of Rs 10,247 crore capital gains tax on UK’s Cairn Energy Plc in a case dating back to 2006, when the energy giant transferred its India holdings to Cairn India Ltd from Cairn UK Holdings.

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20 hydro projects of 6,329 MW stalled or stressed, says Piyush Goyal

20 hydro projects of 6,329 MW stalled or stressed, says Piyush Goyal

As many as 20 under construction hydro power projects totalling 6,329 MW are either stalled or stressed in the country and Rs 30,147.08 crore has already been spent on them, Parliament was informed today.

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OIL AND GAS

crude oil

Global Crude oil price of Indian Basket was US$ 52.10 per bbl on 09.03.2017

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$ 52.10 per barrel (bbl) on 09.03.2017.

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Oil edges off 3-month low but glut worries persist

Oil edges off 3-month low but glut worries persist

Oil prices recovered a little on Friday after dropping to their lowest in more than three months, pressured by heavy oversupply despite OPEC-led production cuts.

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ONGC puts two oil wells discovered in Assam on production

ONGC puts two oil wells discovered in Assam on production

ONGC has put to production two discoveries it has made in Jorhat district in Assam in 2016-17. After almost three years this is ONGC’s biggest discovery in Assam.

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aadhaar-card

MoPNG's Clarification On Aadhaar Card Requirement For BPL Families Under PMUY

Following reports in the media that benefit under the PM Ujjwala Yojana of free cooking gas will be denied to Women of BPL Households from now onwards who are not in possession of AdhaarCard (as per notification issued in this regard), the ministry of petroleum and natural gas has clarified that Aadhaar was already being used since the time of launch of the scheme and not from the date of notification (as reported).

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Govt lifts dividend freeze for Cairn Energy

Govt lifts dividend freeze for Cairn Energy

The income-tax department has agreed to lift the freeze on dividend payment by Cairn India to its former parent Cairn Energy but will keep the ban on sale of the Scottish explorer’s residual stake in the Indian entity till a dispute over a Rs 29,047-crore retrospective tax is resolved.

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Cairn India tumbles on tax disputes

Cairn India tumbles on tax disputes

The Income Tax Appellate Tribunal (ITAT) has defended the income tax department order of Rs 10247 crore related to capital gains tax levied on Cairn, UK.

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India’s Energy Behemoth: Bigger The Better But Conditions Apply

India’s Energy Behemoth: Bigger The Better But Conditions Apply

The success of India's proposed public sector oil giant and its credit quality will depend on the combination of the companies involved.

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Russia invites India to resource-rich far east in a bid to counter-balancing China

Russia invites India to resource-rich far east in a bid to counter-balancing China

Moscow’s invitation to New Delhi to enhance its economic presence in Far-Eastern Russia a region where Chinese businesses and citizens have made significant inroads appears to be Kremlin’s attempt to counter-balance Beijing in the resource-rich territory twice India’s size.

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cross-country pipeline

BD team in India to finalise terms of building cross-country pipeline

A high-powered government team is currently visiting India to finalise terms over construction of the proposed 130-kilometre cross-country pipeline and long-term import of petroleum oil from the neighbouring country, said officials.

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Essar, Rosneft deal to close by next week

Essar, Rosneft deal to close by next week

The Ruias of Essar group are racing against time to close the $13-billion sale of its Gujarat-based refinery to Russian oil major, Rosneft by as early as next week. The group has already received $300-million from the Russian company its stake in Essar Oil and expects rest of the proceeds with the deal closure which would help it to retire debt.

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INFRASTRUCTURE

Railways, UNEP sign LOI on environ initiatives

Railways, UNEP sign LOI on environ initiatives

Railway Minister Suresh Prabhu signed a Letter of Intent (LOI) with the United Nations Environment Programme (UNEP) to formalise joint cooperation in the area of environmental conservation at Rail Bhavan, yesterday.

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Cantt skyways project may take wing soon

Cantt skyways project may take wing soon

The Telangana government's ambitious project to construct two skyways through the Secunderabad Cantonment has inched a step closer to reality.

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Infra investment trusts hit new NHAI hurdle

Infra investment trusts hit new NHAI hurdle

As the financial year comes to a close, the first of the promised infrastructure investment trusts (InvITs) are yet to be launched.

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Delhi-Jaipur expressway to cost Rs 18,000 cr: Nitin Gadkari

Delhi-Jaipur expressway to cost Rs 18,000 cr: Nitin Gadkari

The Delhi-Jaipur express highway would be built at a cost of Rs 18,000 crore, Union Road Minister Nitin Gadkari said today. The advanced cement-concrete 225-km express highway will be the second in the country after Mumbai-Pune express highway and will pave the way for reaching Delhi from Jaipur in just one-and-a-half hour at 125 km/hour speed, the minister said after laying the foundation of road construction works in Dausa district today.

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West Bengal: Land for setting up a port near Tajpur in West Bengal identified

West Bengal: Land for setting up a port near Tajpur in West Bengal identified

A land for setting up a port near Tajpur in West Midnapore has been identified said the West Bengal Finance Minister Amit Mitra.

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Free wi-fi at stations: Free Wi-Fi provided to 50 lakh people in 115 stations: Suresh Prabhu

Free wi-fi at stations: Free Wi-Fi provided to 50 lakh people in 115 stations: Suresh Prabhu

Free WiFi services have been provided to 50 lakh passengers at 115 railway stations across the country and the railways propose to provide such facility in running trains too later, the Rajya Sabha was informed today.

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Food in trains: Private vendors' food in trains not up to expectations: Suresh Prabhu

Food in trains: Private vendors' food in trains not up to expectations: Suresh Prabhu

Admitting that private food vendors were not providing satisfactory service, Railway minister Suresh Prabhu today said a new catering policy has been brought in, keeping this in mind. "The food that was being served by private contractors was not living up to the expectation of the people, that is why there was a need to change the policy," Prabhu said in Rajya Sabha during the Question Hour

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Railway fares: CAG for revising railway passenger fares to recover cost

Railway fares: CAG for revising railway passenger fares to recover cost

The Comptroller and Auditor General (CAG) has asked the railways to revise passenger fares and curtail concessional passes to recover its operating cost in a phased manner. "The railways needs to revisit the passenger and other coaching tariffs so as to recover the cost of operations in a phased manner of suburban train services and on account of liability of concessional passes to various classes of passengers need to be curtailed," the CAG said in its latest report submitted in Parliament today

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Warm Regards.

Warm Regards.
Anupama Airy.
Founder&Editor.
EnergyInfraPost.com
Twitter:@energyinfrapos1

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