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​GOOD MORNING INDIA!

November,21,2018,Wednesday

DAILY NEWS UPDATES IN ENERGY AND INFRASTRUCTURE

POWER/COAL/MINES/RE

India’s rural electrification: Piyush Goyal vows to electrify Indian villages before 2019

India’s rural electrification: Piyush Goyal vows to electrify Indian villages before 2019

There is some good news for the rural citizen of the country as Prime Minister Narendra Modi-led government is expecting to fulfil its promise of bringing electricity to all the villages of the country by the end of 2019 well before the deadline.

Source:- The Financial Express

Planning for solar and wind

Planning for solar and wind

Spurred by ambitious national commitments, international agreements and rapid technological progress, governments are increasingly choosing renewable energy to expand their countries’ power infrastructures.

Source:- Irena News Room

Renewables to be over 60 per cent of India's generation capacity: Goyal

Renewables to be over 60 per cent of India's generation capacity: Goyal

Enthused by drop in renewable energy tariff, Power Minister Piyush Goyal today said India's 60-65 per cent of installed power generation capacity will be green energy.

Source:- Deccan Chronicle

Energy efficiency scheme leads to ₹ 37,685-crore savings for the country

Energy efficiency scheme leads to ₹ 37,685-crore savings for the country

The ‘Perform, Achieve, Trade (PAT)’ scheme, run by the Bureau of Energy Efficiency, has brought in savings of ₹37,685 crore, according to a press release issued by BEE

Source:- The Hindubusinessline

Gujarat: Govt’s coal-fired power plants operated at 41 per cent capacity in ’16

Gujarat: Govt’s coal-fired power plants operated at 41 per cent capacity in ’16

State-owned thermal power plants in Gujarat that use coal as fuel, last year, recorded a plant load factor (PLF) of a mere 41 per cent.

Source:- The Indianexpress

BERC approves 55% power tariff hike in Bihar

BERC approves 55% power tariff hike in Bihar

The Bihar Electricity Regulatory Commission (BERC) on Saturday approved an overall 55% tariff hike for 2017-18 fiscal.

Source:- Livemint

CBI court summons 5 more in coal block scam

CBI court summons 5 more in coal block scam

A special CBI court issued summons on Friday to five new people including Jindal Steel's advisor Anand Goel after their names emerged in the CBI chargesheet in a coal block allocation case against former Congress MP and industrialist Naveen Jindal and others.

Source:- The Times Of India

IREDA to raise $300 mn under MTN programme; Fitch assigns rating

IREDA to raise $300 mn under MTN programme; Fitch assigns rating

Fitch Ratings has assigned Indian Renewable Energy Development Agency's upcoming $300-million medium term note programme expected ratings of 'BBB- (EXP)' and a short-term expected rating of 'F3(EXP)

Source:- The Hindubusinessline

Maharashtra to reboot wind power purchase pact after 3 years

Maharashtra to reboot wind power purchase pact after 3 years

The Maharashtra State Electricity Distribution Company, the prime power utility, is ready to ink power buying agreements with wind developers in the state after a hiatus of three years.

Source:- India Info Line

Airports, hospitals light up 40 gw rooftop solar plan

Airports, hospitals light up 40 gw rooftop solar plan

Plans to generate 40 gigawatt (gw) power through rooftop solar by 2022 have started gathering steam with hospitals, bus stations, metro rails and airports also installing rooftop solar capacity as part of generating clean energy to be utilised for their own setup.

Source:- Dnaindia.com

OIL AND GAS

Nepal requests India for more electricity

Nepal requests India for more electricity

Nepal has requested India to provide additional power through two newly-built transmission lines. The construction of the 132KV Kushaha-Kataiya and 132KV Raxual-Parwanipur cross-border transmission lines was completed recently, Kathmandu Post reported.

Source:- The Financial Express

GLOBAL LNG-Asian spot prices slip as demand from consumers stays weak

GLOBAL LNG-Asian spot prices slip as demand from consumers stays weak

Asian spot LNG prices fell this week on poor demand from major gas-consuming regions despite a slew of new purchase tenders. The May spot LNG contract fell by $0.25 cents to $5.40 per million British thermal units (mmBtu), with new production coming on stream in Australia and the United States.

Source:- ET Energy World

Oilmin seeks proposals from PSUs for setting up integrated firms

Oilmin seeks proposals from PSUs for setting up integrated firms

The Petroleum Ministry has asked state-owned oil giants to come up with proposals for the companies they want to acquire or be merged with so as to become integrated oil company

Source:- Freepressjournal.in

FIR Reliance Industries

Post Sebi ban in derivative trade, Reliance Industries stock is under investor radar

The Reliance IndustriesBSE 0.95 % (RIL) counter will be under watch on Mondayafter market regulator Sebi (Securities and Exchange Board of India) on Fridaybarred the country's second most-valued firm as well as 12 other entities from equity derivatives trading for one year

Source:- The Economic Times

INFRASTRUCTURE

Indian Railways aim to save Rs 41,000 crore on energy consumption expenses

Indian Railways aim to save Rs 41,000 crore on energy consumption expenses

Railway Minister Suresh Prabhu today his ministry has drawn up a mission to save Rs 41,000 crore on electricity energy bills over the next ten years by betting big on solar energy, even as it expects to mop-up Rs 17,000 crore through non-fare revenue modes.

Source:- The Financial Express

L&T, Leeboy, Escorts in talks with Tata International for Africa foray

L&T, Leeboy, Escorts in talks with Tata International for Africa foray

Global trading and distribution company Tata International is in talks with infrastructure equipment giants including Larsen and Turbo (L&T) for distribution of their infrastructure equipment material in the African continent, said a top executive.

Source:- The Economic Times

Bhopal: Q-Track opens for express trains from March 28

Bhopal: Q-Track opens for express trains from March 28

The much awaited Q track near Ratlam will be operational for train traffic from March 28.With the beginning of train movement on the newly laid track, it would not only provide direct rail link from Indore to Jaipur, Ajmer and many other big cities of Rajasthan, but also shorten distance between Indore and Delhi

Source:- Freepressjournal.in

93-year-old rail fan from Chennai releases fourth book on railways

93-year-old rail fan from Chennai releases fourth book on railways

S Venkataraman's visiting card says it all Railwayman, 93 years, retired from service in June 1982, author of four books.

Source:- The Economic Times

Short of track, Indian Railways eyes private suppliers in blow to Sail

Short of track, Indian Railways eyes private suppliers in blow to Sail

Indian Railways is considering ending state-owned Steel Authority of India Ltd’s (Sail) virtual monopoly on supplying steel for standard rail tracks, opening up annual purchases worth up to $700 million to the private sector, people close to the matter told Reuters.

Source:- Livemint

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