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​GOOD MORNING INDIA!

November , 14, 2018 , Wednesday

Weekly Newsletter In Energy And Infrastructure

LATEST NEWS UPDATES

NaMo app: PM Narendra Modi launches #IAmNewIndia, 'a pledge to build a new India', on NaMo app

NaMo app: PM Narendra Modi launches #IAmNewIndia, 'a pledge to build a new India', on NaMo app

Narendra Modi today unveiled #IAmNewIndia, a nation-building exercise on the NaMo App, which is "a pledge to build a new India".

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POWER/COAL/MINES/RE

Solar capacity grows over 3 folds to 10K mw in three years

Solar capacity grows over 3 folds to 10K mw in three years

India's solar power generation capacity has crossed 10,000 megawatt (MW), a more than three-time jump in less than three years as government pushes for renewable energy sources to meet galloping demand.

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Welspun Steel: Welspun Steel Ltd gets green nod for Rs 14,690 crore Gujarat project

Welspun Steel: Welspun Steel Ltd gets green nod for Rs 14,690 crore Gujarat project

Welspun Steel Ltd (WSL) has received environmental clearance for setting up an integrated steel plant with production capacity of 3 million tonnes per annum in Gujarat at an estimated cost of Rs 14,690 crore.

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Coal India: Coal India may miss output target by 20 MT current fiscal: Coal Secy Susheel Kumar

Coal India: Coal India may miss output target by 20 MT current fiscal: Coal Secy Susheel Kumar

State-owned Coal IndiaBSE -0.52 % is likely to miss the production target by 20 MT and may end up producing up to 578 million tonnes this fiscal due to a string of issues, including evacuation and demand-supply, a top official has said

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Future of Building's Energy Efficient Design

Future of Building's Energy Efficient Design

The first zero-net-energy building in the United States was erected at the beginning of this century. In California, this standard has penetrated the residential market, and every new home will have to produce as much energy as it consumes by 2020.

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OIL AND GAS

Vertical integration will boost financial power of Indian oil firms: Oil India CMD

Vertical integration will boost financial power of Indian oil firms: Oil India CMD

Vertical integration of public sector oil companies will enhance the financial power of Indian oil firms to get acquisitions overseas and discussions on the issue will begin soon, a top official of a Navratna oil firm has said.

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INFRASTRUCTURE

Cost overrun for 287 infra projects hits Rs 166,000 crore

Cost overrun for 287 infra projects hits Rs 166,000 crore

As many as 287 infrastructure projects worth Rs 150 crore or above each, including those delayed due to various issues, have seen a cost overrun of Rs 1.66 lakh crore.

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THE WEEK THAT IT WAS

POWER/RE/COAL/MINES 

50 Megawatt solar power park to be established

50 Megawatt solar power park to be established

The plans for establishing a solar power park capable of generating 50 Megawatts of electricity in Manipur was discussed yesterday at a meeting at New Delhi and the project would most likely be handled by NHPC.

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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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Equis to invest $1 billion to double India renewables portfolio

Why Rewa Ultra Mega Solar Project is a breakthrough for India's 100 GW renewables ambition

The recent record low solar tariffs have once again started the murmurs in the in the business circles and in the media about how low tariffs will render this sector ineffective in the long run.

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Bhopal: Decks cleared for WB loan to Rewa solar project

Bhopal: Decks cleared for WB loan to Rewa solar project

The negotiations for obtaining a loan of 100 million US dollars from the World Bank for the development of solar parks in the country ended at New Delhi on Thursday.

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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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Regional Power

57 Inter Regional Power Transmission projects worth Rs. 7,268 crores sanctioned under the Power System Development Fund (PSDF) scheme

Union Minister of State (I/C) for Power, Coal, New & Renewable Energy and Mines, Piyush Goyal said on Thursday that Inter Regional Transmission Corridors (IRTC) are planned and implemented for transfer of power from surplus states/regions to deficit states/regions on short term basis, subject to availability of margins in these lines

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plants

Thermal Power Plants have Coal Stocks of 26.15 MT, equivalent to 17 days’ requirement

Minister of State (I/C) for Power, Coal, New & Renewable Energy and Mines, Piyush Goyal, while giving a written reply to a question on demand and supply of coal in the country in Lok Sabha today, said that there is no difficulty to meet the demand of coal across the country

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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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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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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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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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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

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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oil minister

India eager to increase presence in US energy market: Oil minister Pradhan

India is open to the idea of investing in America’s energy sector and acquiring assets if it gets a good deal, oil minister Dharmendra Pradhan said on Tuesday.

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PM Modi Dedicates India's Largest Petrochem Plant By OPaL To The Nation

PM Modi Dedicates India's Largest Petrochem Plant By OPaL To The Nation

India’s largest petrochemical plant, built by ONGC Petro Additions Ltd (OPaL) at a cost of Rs 30,000 crore, at Dahej Special Economic Zone (SEZ) was dedicated to the nation by Prime Minister Narendra Modi on Tuesday.

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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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INFRASTRUCTURE 

Gurgaon to Jaipur in 90 mins?

Gurgaon to Jaipur in 90 mins?

Highways minister Nitin Gadkari on Friday promised that work will start this year on a super expressway between Jaipur and Delhi that will reduce travel time between the outskirts of Gurgaon and the outer periphery of the Pink City to 90 minutes

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revolution

We will bring ‘Blue’ revolution along coastal line: PM Modi

Prime Minister Narendra Modi while addressing public gathering at Triveni Sangam in pilgrimage Somnath town said that his government wants to bring 'blue' revolution by coastal development and fishermen's welfare.

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rail network

India seeks UAE investment for modernising its rail network

India will invest USD 140 billion to modernise its rail network over the next five years and is in talks with UAE-based sovereign wealth funds, Railways Minister Suresh Prabhu has said.

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