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November,21,2018,Wednesday

LATEST NEWS UPDATES FROM ENERGYINFRAPOST.COM

EDITOR's PICK

Adani Logistics commissions a logistics park in Punjab to enhance connectivity to Mundra Port

Adani Logistics commissions a logistics park in Punjab to enhance connectivity to Mundra Port

Subsidiary of Adani Ports and Special Economic Zone (APSEZ), Adani Logistics commissioned and commenced commercial operations at its multimodal logistics park at Kilaraipur, in Ludhiana, Punjab today, to enhance connectivity to its Mundra Port.

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PM Modi permits surplus power sale to Pakistan: Amarinder Singh

PM Modi permits surplus power sale to Pakistan: Amarinder Singh

Punjab chief minister Amarinder Singh today said that Prime Minister Narendra Modi has given green signal to the state to sell surplus power to Pakistan.

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Gujarat power regulator’s decision forces wind power firms, discoms to make an unhappy truce

Gujarat power regulator’s decision forces wind power firms, discoms to make an unhappy truce

The Gujarat power regulator's decision to make February auction's all-time low winning bid as the base price for wind power purchases has forced developers and power distribution companies in Gujarat make an unhappy truce, but it sets stage for further trouble in the fledgling sector.

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With Rewa, it's a new dawn for solar energy

With Rewa, it's a new dawn for solar energy

Fifteen years after the guns fell silent, there has been a dramatic change in the way this remote village in the Rewa district will be known: a solar park with three projects

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BHEL’s largest-ever Rs.10,000 Crore

BHEL’s largest-ever Rs.10,000 Crore export order for 1,320 MW Super Thermal Power Project in Bangladesh

BHEL’s scope of work in the project includes design, engineering, manufacture, supply, construction, erection, testing & commissioning of 2x660 MW thermal sets

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RIL, BP to buy out Niko stake in KG-D6

RIL, BP to buy out Niko stake in KG-D6

Niko Resources of Canada is in the process of selling its 10 per cent participating interest in Reliance Industries Ltd (RIL)'s gas discovery in block NEC-25 off Odisha coast to RIL and BP plc.

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POWER/COAL/MINES/RE

Global industry leaders say time to accelerate clean electrification

Global industry leaders say time to accelerate clean electrification

Supporting the growth of renewable energy, global industry leaders have said governments, investors and businesses must act now to accelerate clean electrification

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CII supports Amarinder Singh's lower power cost in Punjab

CII supports Amarinder Singh's lower power cost in Punjab

The chairman & CEO of country's leading green energy company Renew Power Ventures, Sumant Sinha, appointed as chairman CII Northern region, termed the Punjab chief minister Amarinder Singh's decision to fix cost of power at Rs 5 per unit as pro-industry but maintained that the state needs to be able to sustain the financial burden so not to dither the UDAY roadmap.

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Two Jharkhand Mines to Resume Operations Soon

Two Jharkhand Mines to Resume Operations Soon

The decks have been cleared for resuming activities in two mines, Semra and Salatuwa under Chainpur block in Palamu, which remained shut for at least a decade now.

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Coal scam: CBI files FIR against its ex-director Ranjit Sinha

Coal scam: CBI files FIR against its ex-director Ranjit Sinha

CBI filed a FIR against its former director Ranjit Sinha in the coal scam case today, according to news agency ANI.

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China projects power in Indian Ocean

China projects power in Indian Ocean

China prepares to imminently launch its first indigenously built aircraft carrier in Dalian, and as the People's Liberation Army Navy (PLAN)

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ABB, IBM partner for industrial artificial intelligence solutions

ABB, IBM partner for industrial artificial intelligence solutions

Power equipment maker ABB today announced a strategic collaboration that brings together the company’s digital platform ABB Ability and IBM’s artificial

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Palamu mines

2 Palamu mines to resume ops soon

The decks have been cleared for resuming activities in two mines, Semra and Salatuwa under Chainpur block in Palamu, which remained shut

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ISRO

ISRO develops android app for computing solar energy potential

The ISRO said the app provides monthly and yearly solar potential and the minimum and the maximum temperatures at any location.

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Large investors are looking at the Renewable Energy space for investments: Rajeev Kapoor, Secretary, MNRE

Large investors are looking at the Renewable Energy space for investments: Rajeev Kapoor, Secretary, MNRE

India’s renewable energy sector is going through a major transformation with record capacity additions being achieved in the solar and wind power sectors and tariffs falling to record low levels.

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Coal India subsidiary Western Coalfields succumbs to labour union's pleas

Coal India subsidiary Western Coalfields succumbs to labour union's pleas

Struggling to restore it’s constitutional status, Rashtriya Koyla Khadan Mazdoor Sangh (RKKMS) finally won the battle against Western Coalfields Limited after chairman-cum-managing director RR Mishra took cognizance of the pleas and ensured their participation in all bipartite and tripartite meetings.

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VIPs indulging in power theft would not be spared: UP minister

VIPs indulging in power theft would not be spared: UP minister

VIPs, including former UP chief ministers, indulging in power theft will be dealt with an iron hand, said UP power minister Srikant Sharma on Sunday.

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MSEDCL

MSEDCL to appoint local people to look into supply issues in villages

Maharashtra State Eletricity Distribution Company Limited (MSEDCL) will appoint a gram vidyut vyavasthapak to manage issues related to power supply in villages

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Kudankulam nuclear power plant is one of the safest in the world: Alexey Pimenov of ROSATOM

Kudankulam nuclear power plant is one of the safest in the world: Alexey Pimenov of ROSATOM

The Kudankulam Nuclear Power Plant has all post-Fukushima safety requirements in place, said Alexey Pimenov, chief executive of ROSATOM South Asia, the Russian partner for the state-run NPCIL in supplying reactors and running the plant.

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Govt to auction mines for coal-to-gas, CTL projects in current fiscal

Govt to auction mines for coal-to-gas, CTL projects in current fiscal

The government will put under the hammer coal blocks for private coal-to-gas, liquid and polychemical projects this financial year, a top official said today.

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Vestas to increase Ahmadabad plant's capacity to 600 MW

Vestas to increase Ahmedabad plants capacity to 600 MW

Wind power solutions provider Vestas will ramp up its equipment manufacturing capacity at Ahmedabad plant to 600 MW in 2-3 years from existing 200 MW to get a bigger share of over 5,000 MW annual market in India

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India’s solar power capacity addition to remain strong at 7,500 Mw in current fiscal: ICRA

India’s solar power capacity addition to remain strong at 7,500 Mw in current fiscal: ICRA

India’s solar power capacity addition would remain strong in a range between 7,000 Megawatt (Mw) and 7,500 Mw on the back of a huge portfolio of projects awarded recently, research and ratings agency ICRA has said.

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OIL AND GAS

Global Crude oil price

Global Crude oil price of Indian Basket was US$ 50.91 per bbl on 24.04.2017

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$ 50.91 per barrel (bbl) on 24.04.2017.

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Oil recovers some lost ground, but market under pressure

Oil recovers some lost ground, but market under pressure

Oil prices recovered some ground on Monday following last week’s big losses, driven by expectations that OPEC will extend a pledge to cut output to cover all of 2017, although a relentless rise in U.S. drilling capped gains.

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Oil firms sell petrol at Rs 29 litre, government adds another Rs 48 in taxes

Oil firms sell petrol at Rs 29 litre, government adds another Rs 48 in taxes

Sharon Furtado and her three friends who work with media firms in Parel, car-pool every day from Borivali to their workplaces.

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ONGC Videsh hopes to raise output by 15% in the current fiscal

ONGC Videsh hopes to raise output by 15% in the current fiscal

ONGC Videsh Ltd, the overseas arm of the state-run Oil and Natural Gas CorporationBSE 0.00 %, hopes to raise its output 15% in the current financial year following

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Reliance Industries hits fresh 52-week high post Q4 results

Reliance Industries hits fresh 52-week high post Q4 results

Reliance Industries (RIL) was up 3.5% to Rs 1,465, also its fresh 52-week high on BSE in early morning trade, after the company reported 12.3% year on year (Y-o-Y) growth in consolidated net profit at Rs 8,046 crore for the fourth quarter ended March 2017 (Q4FY17)

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Reliance to take more write offs on US shale gas assets

Reliance to take more write offs on US shale gas assets

Reliance Industries, which invested $600 million more equity in the US shale gas operations in the March quarter, is set to make increased provisions on its shale gas operations over the next five years.

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With petrol pumps, Reliance turns retail into Rs 34,000-crore biz

With petrol pumps, Reliance turns retail into Rs 34,000-crore biz

Reliance Retail, the retail arm of Mukesh Ambani-led Reliance Industries, reported a 65.6 per cent jump in profit before depreciation, interest and tax (PBDIT) to Rs 366 crore for the quarter ended March 31, against Rs 221 crore in the same period last financial year.

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India's H-Energy leases LNG import terminal, agrees supply

India's H-Energy leases LNG import terminal, agrees supply

Indian gas company H-Energy is to begin importing liquefied natural gas (LNG) from the third quarter of 2018 via a ship-based terminal leased from French group Engie, its chief executive told Reuters on Monday.

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US crude settles at $49.56, snapping 6-day losing streak ahead of stockpile data

US crude settles at $49.56, snapping 6-day losing streak ahead of stockpile data

Oil prices edged up in choppy trade on Tuesday as U.S. crude inventory data that was forecast to show a drawdown faced doubts about OPEC's ability to reduce a global glut.

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CNG filling stations remain shut for a day

CNG filling stations remain shut for a day

Over 50 CNG filling stations in Surat and south Gujarat region remained shut for a day demanding their long-pending demands with the Gujarat Gas Limited (GGL) on Monday. The South Gujarat CNG Franchisee Association (SGCFA) had given a one-day strike call starting from 6 am on April 24 till 6 am on April 25.

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INFRASTRUCTURE

Indian Railways readies Rs 5,000-crore PPP plan for 60 freight terminals

Indian Railways readies Rs 5,000-crore PPP plan for 60 freight terminals

Indian Railways is on track to set up 60 freight terminals on public-private partnership basis in this financial year, buoyed by increased freight loading in the previous fiscal.

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Divergent views within Aviation Ministry ensures impasse on India-Dubai route seat addition issue

Divergent views within Aviation Ministry ensures impasse on India-Dubai route seat addition issue

The aviation ministry has been unable to allow airlines to add flights on the India-Dubai sector owing to junior minister Jayant Sinha's insistence that the government first formulate a long-term plan on bilateral flying rights.

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Modi government to monetise 105 highway projects for about Rs 145,000 cr in the coming years

Modi government to monetise 105 highway projects for about Rs 145,000 cr in the coming years

India will monetise 105 highway projects for about Rs 145,000 crore in the coming years as part of new innovative models of financing, Union Minister Nitin Gadkari said here today.

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Financial Commissioner's objections can no longer delay Railway projects

Financial Commissioner's objections can no longer delay Railway projects

To avoid delay in railway projects, the Chairman of the Railway Board (CRB) and zonal general managers (GMs) have now been given powers to overrule any technical objections raised by the finance wing.

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Solar energy to power Delhi Metro’s Phase III

Solar energy to power Delhi Metro’s Phase III

Delhi Metro's Phase III is likely to be fully powered by solar energy.

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