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November,16,2018,Friday

DAILY NEWS UPDATES ON ENERGY AND INFRASTRUCTURE

EDITOR’s PICK

Pic Source: the Better India

Marching Towards A Happy Rural India,13,002 Villages Out of 18,452 Stand Electrified

The government on Thursday crossed another important benchmark when it crossed the 13,000 mark in its attempts to electrify villages in rural India. With 13,002 out of 18,452 villages electrified as on March 30, 2017, the promise to provide ‘Power To All” seems a close reality now.

Source:- Energyinfrapost.com

All Roadblocks Cleared, Rajasthan to Finally Have A Nine Million Tonnes Refinery at Barmer

All Roadblocks Cleared, Rajasthan to Finally Have A Nine Million Tonnes Refinery at Barmer

Decks have been cleared for setting up of the much awaited nine million tonne per annum refinery at Barmer in Rajasthan. A new Memorandum of Understanding (MoU) will be signed shortly for setting up of this Rs 37000 crore refinery project that will come up as a joint venture between central PSU Hindustan Petroleum Corporation Ltd (HPCL) and the state government

Source:- Energyinfrapost.com

India Declares Its Association Status With The International Energy Agency (IEA)

India Declares Its Association Status With The International Energy Agency (IEA)

India on Thursday declared its “Association” status with the International Energy Agency (IEA). At a brief ceremony in New Delhi, a formal letter in this regard was handed over to Dr. Fatih Birol, Executive Director, IEA by two senior union ministers of the government---Mr Dharmendra Pradhan and Mr Piyush Goyal

Source:- Energyinfrapost.com

POWER/COAL/MINES/RE

BHEL commissions 800 MW Supercritical Thermal Power Plant in Karnataka

BHEL commissions 800 MW Supercritical Thermal Power Plant in Karnataka

In what marks a headtrick with three back to back announcements on commissioning of new units, Bharat Heavy Electricals Limited (BHEL) on Thursday announced yet another successful commissioning of a coal-based supercritical thermal unit of 800 MW in Karnataka

Source:- Energyinfrapost.com

Govt mulls amending rules for coal mine auctions

Govt mulls amending rules for coal mine auctions

The government plans to amend the rules for auctioning of coal mines through competitive bidding, Coal Minister Piyush Goyal said today.

Source:-  PTI

Steps Taken to Improve The Efficiency of Coal Based Thermal Power Plants

Steps Taken to Improve The Efficiency of Coal Based Thermal Power Plants

The Government has taken several measures to improve the efficiency of coal based thermal power plants & improve the air quality in the vicinity of these plants.

Source:- Business Standard.com

PFS Sells Its Stake In Indian Energy Exchange

PFS Sells Its Stake In Indian Energy Exchange

PTC India Financial Services (PFS), infrastructure finance firm, announced that it has divested its entire stake in Indian Energy Exchange Limited (IEX) for Rs 132.54 crore.

Source:-  Businessworld

UJALA scheme: Over 22 crore LED bulbs distributed

UJALA scheme: Over 22 crore LED bulbs distributed

Over 22 crore LED bulbs have been distributed by Energy Efficiency Services Limited (EESL) under UJALA scheme, union minister Piyush Goyal informed the Lok Sabha.

Source:-Governance Now

Scientists to use solar energy to regenerate locally extinct corals

Scientists to use solar energy to regenerate locally extinct corals

Marine scientists will use solar energy for the first time in India to regenerate corals that become extinct from the Gulf of Kutch off the Gujarat coast thousands of years ago.

Source:- The Hindustan Times

Scindia-Goyal clash in LS during debate on power situation

Scindia-Goyal clash in LS during debate on power situation

Lok Sabha today witnessed noisy scenes over the power situation in the country, with Congress alleging that the government’s promise of connecting every home with electricity was a tall claim and Power Minister Piyush Goyal hitting back saying it was UPA’s failure

Source:-  India.com

India Swings to Net Power Exporter as Modi Looks to Block China

India Swings to Net Power Exporter as Modi Looks to Block China

For the first time, India is exporting more electricity than it’s importing as Prime Minister Narendra Modi looks to aid smaller neighbours and keep them from a decisive shift toward China

Source:-  Bloomberg Quint

After hydro, Himachal Pradesh plans to tap potential of wind energy

After hydro, Himachal Pradesh plans to tap potential of wind energy

Known for its vast hydro power potential, Himachal Pradesh government is now exploring the possibility of promoting non-conventional wind energy in a big way.

Source:-  Nyoooz

Revolutionary idea: Solar plant in District Dairy Co-ops

Revolutionary idea: Solar plant in District Dairy Co-ops

National Dairy Development Board (NDDB) Chairman, Dilip Rath mooted the idea of solar photovoltaic (PV) plant in each of the Dairy Cooperative Societies in the country for meeting their energy needs as well as earning extra money.

Source:-  Indian Cooperative

UDAY helps reduce subsidy dependence of power discoms

UDAY helps reduce subsidy dependence of power discoms

The Centre’s power distribution reforms scheme, Ujwal Discom Assurance Yojana (UDAY), has helped discoms reduce their subsidy dependence on state governments owing to improved liquidity position, a report released by the Rural Electrification Corporation (REC) said on Wednesday.

Source:-  Business-Standard.com

Power Finance Corporation-led lenders, PE seize control of Kasliwal’s Hydel Project

Power Finance Corporation-led lenders, PE seize control of Kasliwal’s Hydel Project

Lenders led by Power Finance Corporation (PFC) and private equity firm Guggenheim Partners have seized control of Mukul Kasliwal’s 400 MW Shree Maheshwar Hydel Power Project on the Narmada river after the company defaulted on its loans.

Source:-  The Economic Times

Aus Govt Co Seeks To Invest In Adani's Coal Mine Project

Aus Govt Co Seeks To Invest In Adani's Coal Mine Project

An Australian Government-owned investment firm is keen to fund the ‘infrastructure pieces’ of Indian energy giant Adani’s controversial 21 billion dollar coal mine project in Queensland.

Source:-  Daily pioneer

M&M considers electric vehicles for US, China

M&M considers electric vehicles for US, China

Mahindra Group said it is considering entering the U.S. and China, the world’s biggest auto markets, with high-end electric vehicles made by its Italian affiliate Pininfarina.

Source:-  Business Standard.com

OIL AND GAS

After Supreme Court bans BS III vehicles, IOC Chairman V Ashok says ‘Cost of BS VI fuel will go up’

After Supreme Court bans BS III vehicles, IOC Chairman V Ashok says ‘Cost of BS VI fuel will go up’

B Ashok, chairman of India’s largest oil marketing company IOC, will retire at the end of May 2017 after serving the company for 37 years.

Source:-  The Financial Express

Oil rises 2 percent as supplies seen tightening

Oil rises 2 percent as supplies seen tightening

Oil prices rose more than 2 percent on Wednesday as U.S. crude inventories grew less than expected, supply disruptions continued in Libya and the OPEC-led output cut by producing countries looked likely to be extended.

Source:-  Reuters

Did India inspire China’s energy plans? Here’s how Indian oil companies could merge to tackle global competition

Did India inspire China’s energy plans? Here’s how Indian oil companies could merge to tackle global competition

Chinese authorities have asked the coal mining giant Shenhua Group Corporations and power generator China Datang Corporation to consider a merger

Source:-  The Financial Express

Global Crude oil price of Indian Basket was US$ 50.73 per bbl on 29.03.2017

Global Crude oil price of Indian Basket was US$ 50.73 per bbl on 29.03.2017

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$ 50.73 per barrel (bbl) on 29.03.2017

Source:- Energyinfrapost.com

Shell India, Bharat Petroleum may tie up for Singapore energy trading

Shell India, Bharat Petroleum may tie up for Singapore energy trading

Royal Dutch Shell Plc’s India unit and Bharat Petroleum Corp. Ltd (BPCL), the country’s second largest fuel retailer, may team up to help the latter set up an energy trading unit in Singapore, two officials aware of the development said.

Source:-  Livemint

INFRASTRUCTURE

IRCTC decides to pass on the responsibility of food delivery on board trains to some reputed hospitality company

IRCTC decides to pass on the responsibility of food delivery on board trains to some reputed hospitality company

The Railways has decided to entrust the task of food delivery on board trains to some reputed hospitality company with an aim of improving the catering services.

Source:-  News Franchise India

Three Sri Lankan ports that India could develop: Arjuna Ranatunga

Three Sri Lankan ports that India could develop: Arjuna Ranatunga

Even as China is firmly entrenched in Sri Lanka's Hambantota port, the island nation has three other major ports -- Colombo, Trincomalee and Kankesanthurai -- where India could collaborate for development, a Sri Lankan Minister has said

Source:-  Zeenews.India

After senior citizens and physically challenged, Indian Railways may offers discounts on train ticket bookings to other categories

After senior citizens and physically challenged, Indian Railways may offers discounts on train ticket bookings to other categories

Ministry of Railways in a statement to the Lok Sabha on Wednesday said that the railways already provides online concessional ticket booking facility to senior citizens, physically challenged and accredited press correspondents

Source:-Zeebiz

L&T Hydrocarbon bags orders worth Rs 4,000 crore

L&T Hydrocarbon bags orders worth Rs 4,000 crore

Infrastructure major Larsen & Toubro (L&T) today said its subsidiary L&T Hydrocarbon has bagged orders worth Rs 4,000 crore in the international market.

Source:-  India.com

Crack in tracks apparently led to derailment: Railways

Crack in tracks apparently led to derailment: Railways

A crack in the tracks prima facie caused the derailment of eight coaches of Mahakaushal Express near Mahoba station in Uttar Pradesh today.

Source:- The Times of India

Reliance Infra's Rs 3,000-crore InvIT fund gets NHAI approval

Reliance Infra's Rs 3,000-crore InvIT fund gets NHAI approval

Reliance Infrastructure has received National Highways Authority of India’s consent for its planned Rs 3,000 crore-Infrastructure Investment Fund, making it the first road developer to get the approval, which clears the way for it to hit the capital market

Source:-  The Economic Times

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