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November,20,2018,Tuesday

QUICK MORNING NEWS UPDATES IN ENERGY AND INFRASTRUCTURE SECTORS

POWER/COAL/MINES/RE

power distribution

10 stocks to be powered by UDAY

In November 2015, when the government announced the Ujwal DISCOM Assurance Yojana (UDAY) programme to turn around electricity distribution companies (discoms), there was little hope that it would alleviate the debt and operational burdens of the state electricity boards (SEBs).

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Source: Livemint

Discom to tie up with four more banks for cashless bill payment

Discom to tie up with four more banks for cashless bill payment

The power discom Paschimanchal Vidyut Vitran Nigam Limited (PVVNL) is going to tie up with four more banks for cashless payment of electricity bills.

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Source: The Hindustan Times

Surplus power capacity, enough coal likely to beat summer heat

Surplus power capacity, enough coal likely to beat summer heat

The summer of 2017 may not prove as uncomfortable for electricity consumers across India as the season in previous years, thanks to surplus power generation capacity, adequate coal stocks and improved purchasing ability of distribution companies.

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Source: The Economic Times

MSMEs to benefit from smart city, renewable energy, and Digital India initiatives

MSMEs to benefit from smart city, renewable energy, and Digital India initiatives

Micro, Small, and Medium Enterprises (MSMEs) and the country's economy get a boost when sustained major investments take place in sectors that are reliant on high tech and aligned with global trends.

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Source: The Economic Times

New power tariff regime on table

New power tariff regime on table

The Indian power sector is set to witness a sea change with new tariff regulations, which will consider for the first time energy efficiency, peaking power rates and time-of-the-day tariff as key themes.

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Source: Business Standard

NLC shortlists GMR, Ind-Barath power projects for acquisition

NLC shortlists GMR, Ind-Barath power projects for acquisition

The shortlisted projects are GMR Group’s 1,370MW coal power project in Chhattisgarh and Hyderabad-based Ind-Barath Power’s 700MW plant in Odisha

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Source: Livemint

2016 a Record Year for Renewables, Latest IRENA Data Reveals

2016 a Record Year for Renewables, Latest IRENA Data Reveals

Global renewable energy generation capacity increased by 161 gigawatts (GW) in 2016, making the strongest year ever for new capacity additions, according to data released today by the International Renewable Energy Agency (IRENA).

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Source: Irena

Renewable power generation

IREDA finances Rs 10,000 crore green projects during 2016-17

The Indian Renewable Energy Development Agency increased its financing of green energy projects considerably in 2016-17, crossing the milestone of Rs 10,000 crore in a single year for the first time.

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Source: The Economic Times

GE without light bulbs puts focus on other industrial spare parts

GE without light bulbs puts focus on other industrial spare parts

Almost 140 years after GE founder Thomas Edison developed the first practical incandescent light bulb, GE is considering parting with its consumer lighting business

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Source: Livemint

India-US ties after the Westinghouse setback

India-US ties after the Westinghouse setback

Even though Westinghouse has lost considerable value, the India-US civil nuclear accord retains much of its own

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Source: Livemint

There's real momentum in the relationship between the UK and India in the field of energy: Greg Clark

Britain’s decision to leave the European Union (EU) was not a vote for protectionism but rather for trading more widely with countries such as India, said its minister for business, energy and industrial strategy Greg Clark .

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Source: The Economic Times

OIL AND GAS

Brent oil to test resistance at $56.33

Brent oil to test resistance at $56.33

Brent oil is expected to test a resistance at $56.33 per barrel, as suggested by its wave pattern and a Fibonacci retracement analysis.

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Source: The Times Of India

Oil prices firm on strong demand, political uncertainty in Syria

Oil prices firm on strong demand, political uncertainty in Syria

Oil prices were firm on Monday, supported by strong demand and political uncertainty in Syria, although another rise in U.S. drilling activity kept a lid on gains.

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Source: The Times Of India

Iran said to cut benefits on oil sales to India’s IOC, MRPL after reduced import

Iran said to cut benefits on oil sales to India’s IOC, MRPL after reduced import

Iran may cut the credit period on crude oil sales to IOC, MRPL to 60 days from 90 and reduce the discounts on shipping of crude to 60% from 80%, people familiar with the matter said.

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Source: Livemint

INFRASTRUCTURE

International North South Transportation Corridor for better Indo-Russian connectivity inches towards reality

International North South Transportation Corridor for better Indo-Russian connectivity inches towards reality

Inching closer to making the International North South Transportation Corridor (INSTC) a reality -- connecting India with Russia and Europe via Iran

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Source: The Economic Times

Highways and others: How India classifies roads, reclassifies them

Highways and others: How India classifies roads, reclassifies them

As World War II saw a rapid increase in the volume of road traffic in India, the government of the Raj convened a conference of engineers in Nagpur in 1943 to discuss the condition of roads, and the way forward.

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Source: Indian Express

Is India under-investing in infrastructure?

Is India under-investing in infrastructure?

In the first half a century after Independence, India invested around 3.0% of its gross domestic product (GDP) in infrastructure, which resulted in the tattered state of the sector till quite late in the 1990s.

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Source: Livemint

Australian PM Malcolm Turnbull’s India visit aims to shore up relations

Australian PM Malcolm Turnbull’s India visit aims to shore up relations

Australian PM Malcolm Turnbull’s agenda for the India visit that starts today includes improving bilateral ties in education, trade and defence.

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Source: Livemint

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