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​GOOD MORNING INDIA!

November , 14, 2018 , Wednesday

DAILY NEWS UPDATES ON ENERGY AND INFRASTRUCTURE

EDITOR's PICK

UP gets another AMRUT gift from Modi: Projects worth Rs 4,239 crore for urban development

UP gets another AMRUT gift from Modi: Projects worth Rs 4,239 crore for urban development

The Centre has approved projects worth Rs 4,239 crore for improving urban infrastructure during next the three years in Uttar Pradesh under AMRUT scheme.

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POWER/COAL/MINES/RE

Adani Group: Adani’s Australian project to generate $22 billion in taxes and royalty

Adani Group: Adani’s Australian project to generate $22 billion in taxes and royalty

Adani Group’s $16.5 billion Carmichael mine project in Australia is expected to generate around $22 billion in state mining taxes and royalties in just the first half of the project life, the group said in a statement on Friday

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Queensland Premier reaffirms commitment to Adanis coal mine project

Queensland Premier reaffirms commitment to Adanis coal mine project

After an Australian delegation visited the Adani Group headquarters here in Ahmedabad on Thursday, urging the Group to drop their the Carmichael coal mine project near the Great Barrier Reef, the Premier of Queensland today reaffirmed the government's commitment to the $16.5 billion project.

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Now, generate own power for price of a phone

Now, generate own power for price of a phone

Solar panels on the rooftop that produce a kilowatt of power are no longer beyond the reach of ordinary citizens. Such a project will cost around Rs 60,000, even less if the central government's 30% subsidy is factored in. In fact, generating the energy to run two fans and two lights could come at the price of a high-end smartphone

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Old thermal power plants offer new business opportunity

Old thermal power plants offer new business opportunity

India's ageing thermal power plants could mean good times for companies in the dismantling business. About half of the country's thermal power plants—which collectively account for almost 30% of total installed capacity—are over 25 years old, and a large number of them are fast approaching 40, which is considered the end of their useful life span.

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Notes ban caused no delay in transmission projects

Notes ban caused no delay in transmission projects

The notes pullback had no major impact on power transmission projects as states reported no delay in implementation of these projects to the Central Electricity Authority (CEA), a power ministry official said.

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Torrent Power gets approval to raise Rs 1,500 cr through NCDs

Torrent Power gets approval to raise Rs 1,500 cr through NCDs

Torrent Power today said its shareholders have approved a proposal to raise up to Rs 1,500 crore through issuance of secured, redeemable, non-convertible debentures (NCDs).

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Tamil Nadu wants Rs 17,000 crore for power upgrade

Tamil Nadu wants Rs 17,000 crore for power upgrade

Tamil Nadu Electricity Minister P Thangamani today urged Union Power Minister Piyush Goyal to release Rs 17,000 crores to enhance power infrastructure in the cyclone-prone state.

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Can solar power hold the cheapest electricity tag?

Can solar power hold the cheapest electricity tag?

When it comes to solar, 2016 had been a remarkable year. For the first time solar out-performed fossils fuels on a large scale, thus emerging as the cheaper source of electricity than burning coals in many parts of the world.

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OIL AND GAS

Income Tax department starts nationwide raids on petrol pump owners. Here’s why

Income Tax department starts nationwide raids on petrol pump owners. Here’s why

The Income Tax department has started countrywide raids against petrol pump owners and LPG distributors for alleged conversion of banned Rs 500 and Rs 1000 notes by way of currency deposits in excess of actual sales during the demonetisation period.

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Assam

ONGC has discovered hydrocarbon deposit in Mizoram: Minister

Mizoram Geology and Mineral Resources Minister H Rohluna today told the state assembly that ONGC has discovered hydrocarbon (gas) deposit at Meidum village in Kolasib district.

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Engie to sell 10% of Petronet LNG

Engie to sell 10% of Petronet LNG

France’s Engie is planning to sell its entire 10% stake in Petronet LNG, India’s largest importer of LNG. GDF International, an Engie unit, has written to the four Indian state companies that together own half of Petronet LNG to offer shares in proportion to their holdings, Petronet said.

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INFRASTRUCTURE

High speed trains in India to speed at 320kph by 2023

High speed trains in India to speed at 320kph by 2023

The project for India’s first bullet train which is expected to run from Mumbai to Ahmadabad soon has begun. The the total time between these two places will be two hours seven minutes once started. As per the report by Nikkei Asian Review, the high speed trains is expected to have a speed of 320kph by 2023.

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Indian Railways takes a leap! These 'Make in India' suburban rail EMUs will replace ones powered by MNCs

Indian Railways takes a leap! These 'Make in India' suburban rail EMUs will replace ones powered by MNCs

Suresh Prabhu-led Indian Railways set for a gamechanger 'Make in India' move! The country's first 'Make in India' EMU rake for suburban travel on Western Railways is ready for use! The rake has been manufactured by the Integral Coach Factory (ICF) Chennai and what makes it special is that its propulsion system is indigenous. Earlier EMUs of Indian Railways have systems from either Bombardier or Siemens.

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