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November,16,2018,Friday

DAILY NEWS UPDATES ON ENERGY AND INFRASTRUCTURE

EDITOR’s PICK

The New Look Mega Power Policy 2017 To Revive Over 31 GW of Stranded Power Projects

The New Look Mega Power Policy 2017 To Revive Over 31 GW of Stranded Power Projects

In order to provide a new lease of life to 31,000 mega watt (MW) of stranded power capacity in the country---entailing an investment of Rs 1.5 lakh crore, the Centre on Friday approved amendments in the Mega Power Policy. 

Source:- Energyinfrapost.com

India's Largest Power Producer NTPC Is Now A 50,000 Mega Watt Plus Entity

India's Largest Power Producer NTPC Is Now A 50,000 Mega Watt Plus Entity

India has yet another reason to rejoice as its largest public sector power producer NTPC achieved a major milestone of becoming a 50,000 Mega Watt (MW) plus company. 

Source:- Energyinfrapost.com

POWER/COAL/MINES/RE

RGPPL Start Supplying 500 MW Power To Indian Railways

RGPPL Start Supplying 500 MW Power To Indian Railways

Ratnagiri Gas and Power Projects Ltd (RGPPL) (or the erstwhile Dabhol Power Project) in Maharashtra has started supply 500 mw power to Railways, thanks to an agreement it signed recently with Railways for supply of 500 MW power to Railways at fixed price for five years starting from midnight of 31st March.

Read more...

Source:- Energyinfrapost.com

Adequate Power Available To Meet Demand During The Summer of 2017, Union Power Ministry

Adequate Power Available To Meet Demand During The Summer of 2017, Union Power Ministry

There is no shortage of power and India's generation resource is adequate to meet the country's power demand during this summer season, provided states buy enough power which is available, senior power ministry officials said after a high level review on Friday.

Read more...

Source:- Energyinfrapost.com

48,060 Megawatt capacity of supercritical power technology in pipeline

48,060 Megawatt capacity of supercritical power technology in pipeline

Union Power Minister Piyush Goyal on Thursday said as much as 39,710 MW capacity based on supercritical technology has already been added and 48,060 MW of super-critical power generation is in the pipeline.

Read more...

Source - The Economic Times

CIL to boost its delivery system for swift supply

CIL to boost its delivery system for swift supply

Coal India plans to ramp up its delivery system to be able to supply coal swiftly to consumers.

 

Read more...

Source - The Economic Times

Bhel seeks Isro as partner in aerospace foray

BHEL seeks ISRO as partner in aerospace foray

State-run Bharat Heavy Electricals Ltd (BHEL) is planning to enter the aerospace sector and plans to collaborate with Indian Space Research Organization (ISRO) for manufacturing space grade solar cells and partner for satellite launches.

Read more...

Source - Livemint

OIL AND GAS

Petrol price cut by Rs 3.77 a litre and Diesel by Rs 2.91

Petrol price cut by Rs 3.77 a litre and Diesel by Rs 2.91

Thanks to the fall in global oil prices, state-owned domestic fuel retailers cut petrol and diesel prices by Rs 3.77 per litre and Rs 2.91 a litre respectively, the first change in rates in two-and-a-half months.

Read more...

Source - Energyinfrapost.com

Global Crude oil price

Global Crude oil price of Indian Basket was US$ 51.36 per bbl on 30.03.2017

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$ 51.36 per barrel (bbl) on 30.03.2017.

Read more...

Source - NDTV

Oil Declines After Three-Day Rally, But Support Seen Above $50

Oil Declines After Three-Day Rally, But Support Seen Above $50

Oil prices eased on Friday as traders took profits following three days of straight gains on the expectation that an OPEC-led crude supply cut that was initially supposed to only last for the first half of the year would be extended.

Read more...

Source - The Economic Times

BS IV fuel in supply for a month now: Oil companies

BS IV fuel in supply for a month now: Oil companies

The auto industry may have blamed fuel companies for its large BS III inventory saying poor availability of BS IV fuel slowed down transition, oil companies claimed they have been supplying BS IV fuel to cover countrywide requirements for a month now.

Read more...

Source - The Economic Times

List of nations keen to replicate India’s LPG reform story grows

List of nations keen to replicate India’s LPG reform story grows

India’s success stories in the cooking gas distribution sector seem to be travelling far and beyond. 

Read more...

Source - The Economic Times

Gazprom Neft, ONGC to cooperate in offshore oil projects

Gazprom Neft, ONGC to cooperate in offshore oil projects

Russia’s Gazprom Neft and India’s ONGC Videsh Ltd. have signed a memorandum of understanding (MoU) to cooperate in offshore oil projects in Russia and other parts of the world, the companies said in a press release on March 30.

Read more...

Source - RBTH

A mighty rupee to hurt oil firms' earnings

A mighty rupee to hurt oil firms' earnings

Earnings of oil and gas exploration and refining companies may come under pressure following the rupee’s appreciation against the dollar.

Read more...

Source - The Economic Times

CNOOC ties up with Australia's FAR to hunt for oil, gas off West Africa

CNOOC ties up with Australia's FAR to hunt for oil, gas off West Africa

China's CNOOC Ltd has agreed to team up with Australian minnow FAR Ltd to look for oil and gas prospects in what is seen as a promising frontier off Senegal and Gambia over the next two years, FAR said on Friday.

Read more...

Source - The Economic Times

INFRASTRUCTURE

Budget Session

In One Of The Biggest Reforms In Road Transport Sector, Cabinet Okays Amendments To Motor Vehicle Bill.

The Cabinet on Friday approved the Motor Vehicle (Amendment) Bill 2016 that provides for linking of driving license and vehicle registration with Adhaar-based platform and proposes heavy penalties for traffic violations.

Read more...

Source - Energyinfrapost.com

Nitin Gadkari for legal recourse to help automakers on BS-III ban

Nitin Gadkari for legal recourse to help automakers on BS-III ban

Road transport minister Nitin Gadkari on Friday said the government will look at a legal solution to help the automakers impacted by the Supreme Court’s ban on sale of BS-III vehicles from Saturday.

Read more...

Source - Livemint

Freight loading increased in Feb: Prabhu

Freight loading increased in Feb: Prabhu

The Railways has achieved freight loading of 92.07 million tonnes during the month of February, which was an increase of 3.46 per cent over the last year and was the highest ever monthly loading for February, Railway
Minister Suresh Prabhu said today.

Read more...

Source - WebIndia123

Par panel seeks separate funds for ‘green’ Railway projects

Par panel seeks separate funds for ‘green’ Railway projects

A parliamentary committee has suggested separate budget allocation for green energy initiatives by the Railways so that no such project is stuck due to want of funds.

Read more...

Source - India.com

‘Railways to spend Rs 10,000 cr on modernisation, new tech to reduce accidents’

‘Railways to spend Rs 10,000 cr on modernisation, new tech to reduce accidents’

Railway minister Suresh Prabhu on Thursday informed the Rajya Sabha that the government will spend Rs 10,000 crore to modernise railway infrastructure, including technology to reduce accident rate to zero level.

Read more...

Source - The Hindustan Times

Free WiFi planned in 709 Railway Stations by March 2020

Free WiFi planned in 709 Railway Stations by March 2020

The Indian Railways has planned to roll out free WiFi in 709 Railway Stations by March 2020, Rajen Gohain, Minister of State for Railways said in Parliament.

Read more...

Source - Medianama

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