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November,16,2018,Friday

LATEST NEWS UPDATES IN ENERGY AND INFRASTRUCTURE

POWER/COAL/MINES/RE

From Coal Shortages to Coal Surpluses, All It Took Was Determination: Minister Piyush Goyal

From Coal Shortages to Coal Surpluses, All It Took Was Determination: Minister Piyush Goyal

Encouraging stakeholders of power and sectors to work on a Mission Mode to serve the masses and make India self reliant in coal reserves, Union Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines, Piyush Goyal said on Wednesday that the “Difference between the Possible and Impossible lies in a Man’s determination."

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Source: Energyinfrapost.com

Tata Power Renewable Energy commissions 100 MW wind farm in Andhra Pradesh

Tata Power Renewable Energy commissions 100 MW wind farm in Andhra Pradesh

Tata Power Renewable Energy Ltd (TPREL), India’s largest renewable energy company and Tata Power’s wholly-owned subsidiary, on Wednesday announced the commissioning of its 100 MW wind farm project in Nimbagallu, Andhra Pradesh.

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Source: Energyinfrapost.com

BHEL Accelerates Project Execution, Surpasses Government’s 12th Plan Capacity Addition Target

BHEL Accelerates Project Execution, Surpasses Government’s 12th Plan Capacity Addition Target

Renewing its thrust on accelerated project execution, Bharat Heavy Electricals Limited (BHEL) said on Wednesday that it has achieved a capacity addition of 45,274 MW of utility sets during the 12th five year plan, surpassing the Government’s capacity addition target by 9%.

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Source: Energyinfrapost.com

CIL hopes about higher coal demand in FY18

CIL hopes about higher coal demand in FY18

Coal India hopes that with national electricity generation rising by 4.7 per cent and prediction of early summer there would be higher coal demand

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Source: Energy.economictimes.com

Piyush Goyal launches self-help book

Piyush Goyal launches self-help book

Union Minister of Power, Coal and New and Renewable Energy, Piyush Goyal has launched a self-helpbook on establishing a credible business and making profit.

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Source: Energy.economictimes.com

Nepal to import electricity worth NRS 15 billion from India current fiscal

Nepal to import electricity worth NRS 15 billion from India current fiscal

Nepal today said it will import electricity worth NRS 15 billion from India during current fiscal year to end power cuts in the country

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Source: Energy.economictimes.com

India, Bangladesh hold 97% renewable energy market: Report

India, Bangladesh hold 97% renewable energy market: Report

Five countries, including India and Bangladesh, lead the world in solar home lighting systems and the two south Asian nations together account for 97 per cent of the renewable energy market in the region, says an international body report.

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Source: Business-Standard.com

Suzlon head Tanti says India’s 60 gw green energy target can be “easily achieved”

Suzlon head Tanti says India’s 60 gw green energy target can be “easily achieved”

India’s ambitious target of scaling up wind energy capacity to 60 gigawatts by 2022 can be “easily achieved” based on momentum the sector has gained, driven primarily by the maturity of the manufacturing base, cost-competitive supply chain in India and availability of reliable products which is bringing down the cost of energy, Tulsi Tanti, chairman and managing director of Suzlon Group said.

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Source: The Economic Times

Punjab power Minister rules out hike in power tariff

Punjab power Minister rules out hike in power tariff

The Punjab government today ruled out any hike in power tariff in the state.

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Source: Energy.economictimes.com

Power generation stopped in Kudankulam unit-2 due to snag

Power generation stopped in Kudankulam unit-2 due to snag

The power generation in the second unit of the Kudankulam Nuclear Power Plant (KNPP) was stopped temporarily today following snag in the turbine of the unit

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Source: Energy.economictimes.com

OIL AND GAS

Global Crude oil price of Indian Basket was US$ 51.82 per bbl on 04.04.2017

Global Crude oil price of Indian Basket was US$ 51.82 per bbl on 04.04.2017

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$ 51.82 per barrel (bbl) on 04.04.2017

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Source: Energyinfrapost.com

Oil rises to near 1-month high on supply tightening

Oil rises to near 1-month high on supply tightening

Oil climbed to a near one-month high on Wednesday on signs of a gradual tightening in global oil inventories and on concerns about a supply outage at a field in the United Kingdom’s North Sea that feeds into an international benchmark price.

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Source: The Financial Express

Iran "not concerned" by Indian threat to cut oil imports

Iran "not concerned" by Indian threat to cut oil imports

Iran's oil minister dismissed India's decision to cut oil imports from Tehran in 2017/18 by a fifth as a threat on Wednesday, in an escalation of a dispute over a giant gas field contract.

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Source: The Economic Times (Reuters)

RIL hits Rs 1,400; looks to topple TCS as most-valued firm

RIL hits Rs 1,400; looks to topple TCS as most-valued firm

Shares of Reliance Industries rallied for a fifth straight trading session on Wednesday to hit the Rs 1,400 mark for the first time since May 2008.

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Source: Economictimes.indiatimes.com

Shell to fuel world's first LNG-powered Aframax oil tankers

Shell to fuel world's first LNG-powered Aframax oil tankers

A unit of Royal Dutch Shell will fuel the world's first LNG-powered Aframax crude oil tankers under a deal signed with Russian shipping company SCF Group (Sovcomflot)

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Source: Energy.economictimes.com

Gajendra Singh takes charge as Director (Marketing), GAIL

Gajendra Singh takes charge as Director (Marketing), GAIL

Gajendra Singh has taken charge as Director (Marketing) of GAIL (India) Limited today.

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Source: Energyinfrapost.com

INFRASTRUCTURE

Adani Ports will go green, focus on logistics business

Adani Ports will go green, focus on logistics business

Adani Ports and Special Economic Zone chief Karan Adani is charting the next growth phase for his company which entails usage of greener energy sources as well as a sharper focus on the logistics business, even as he keeps looking at fresh port projects, both in and out of India.

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Source: The Economic Times

M&As in road sector pick up over easier exit norms: Icra

M&As in road sector pick up over easier exit norms: Icra

The country relaxed the exit policy for road projects under the public private partnership (PPP) model in May 2015.

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Source: Business-Standard.com

Cargo traffic up 25% to 73 million tonnes: Essar Ports

Cargo traffic up 25% to 73 million tonnes: Essar Ports

Essar Ports on Wednesday said cargo traffic at its terminals soared 25 per cent to nearly 73 million tonnes (MT) previous financial year ended March 31.

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Source: Business-Standard.com

Paradip port cargo traffic up 16 per cent in 2016-17

Paradip port cargo traffic up 16 per cent in 2016-17

Paradip Port Trust (PPT) has handled an all-time high cargo throughput of 88.95 million tonnes (mt) in 2016-17, up 16.46 per cent year-on-year over FY16. The cargo volume handled by Paradip port is the second highest among all major ports in the country after Kandla.

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Source: Business-Standard.com

Suresh Prabhu Flags Off 17 Advance Life Support Ambulances

Suresh Prabhu Flags Off 17 Advance Life Support Ambulances

Railway Minister Suresh Prabhu today flagged off 17 Advance Life Support (ALS) ambulances in Rohtak which have been provided to the Haryana Health Department under MPLAD fund

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Source: The Hans India

Punjab Government Denotifies Stretches Of 7 State Highways

Punjab Government Denotifies Stretches Of 7 State Highways

In a move which may bring some relief to hotels, bars and restaurants affected by the top court ruling against liquor vends on highways, the Punjab government today de-notified the bypassed stretches of seven state highways

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Source: The Hans India

Railways developing 400 'A-1' & 'A' category stations

Railways developing 400 'A-1' & 'A' category stations

Railways have planned to redevelop about 400 'A-1' and 'A' category stations, including Delhi, with private participation, Lok Sabha was informed today

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Source: Economictimes.indiatimes.com

Gurugram to have new railway terminal: Prabhu

Gurugram to have new railway terminal: Prabhu

Railway Minister Suresh Prabhu and Chief Minister Manohar Lal Khattar dedicated the newly electrified rail section between Rohtak and Jind to people here today. They also flagged off a new DEMU train between Jind and Sonepat through video conferencing

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Source: Tribuneindia.com

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