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November,14,2018,Wednesday

LATEST NEWS UPDATES FROM ENERGYINFRAPOST.COM

EDITOR's PICK

Piyush Goyal

Govt To Ensure Power At Rs 3 Irrespective of The Fuel Source, Piyush Goyal

The Government’s aim is to ensure power at Rupees 3 per unit irrespective of source in the medium term, said Piyush Goyal, Minister of State (Independent Charge) Power, Coal, New and Renewable Energy, and Mines at the 2017 Annual Session of the Confederation of Indian Industry (CII)

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India goes for e-ride, eyes all-electric car fleet by 2030

India goes for e-ride, eyes all-electric car fleet by 2030

India is looking at having an all-electric car fleet by 2030 with an express objective of lowering the fuel import bill and running cost of vehicles.

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New fuel price regime in 5 cities from May 1

New fuel price regime in 5 cities from May 1

Starting Monday, five cities will see petrol and diesel being sold under a daily price change regime. These are Puducherry, Visakhapatnam, Udaipur, Jamshedpur and Chandigarh.

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POWER/COAL/MINES/RE

India will need no additional coal power till 2027 if it meets this target

India will need no additional coal power till 2027 if it meets this target

As the prospects for coal-generated electricity recede globally, India is one of the last bastions of the world’s oldest, dirtiest energy source–coal–although construction of new coal-fired power plants is faltering

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Electricity generation grows 4.7 per cent in 2016-17

Electricity generation grows 4.7 per cent in 2016-17

The electricity generation from thermal, hydro, nuclear and import from Bhutan grew by 4.7 per cent to 1,159.83 billion units (BU) in 2016-17 as compared to 1,107.82 BU generated in the previous year, according to the Central Electricity Authority (CEA).

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JSW Energy March net profit plunges 92% on output woes

JSW Energy March net profit plunges 92% on output woes

JSW Energy today reported a steep 91.74 per cent drop in its consolidated net profit from a year ago at Rs 24.76 crore for the March quarter, largely due to lower power generation.

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OIL AND GAS

Soaring High, ONGC makes 23 oil and gas discoveries in 2016-17

Soaring High, ONGC makes 23 oil and gas discoveries in 2016-17

India's most profitable PSU, ONGC said on Saturday that it made 23 new discoveries in FY’17, a 35% jump in number of discoveries year-on-year, from 17 discoveries made last year.

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dharmendra-pradhan

Dharmendra Pradhan assures strict action against petrol pumps stealing

Slamming officials and petrol pumps where the electronic chips have been found, Petroleum Minister Dharmendra Pradhan on Fridayreacted to reports saying strict action would be taken where the electronic chips had been found

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pump

Goa petrol pumps are fool-proof, says Pump Dealers’ Association

In the backdrop of the petrol fraud unearthed at Uttar Pradesh wherein remote-controlled electronic chips were being used in fuel dispensing machines to dupe consumers, pump dealers in Goa have claimed that their business is fool-proof and no such irregularities exist

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Saudi minister: Important to try to agree on oil cuts deal extension

Saudi minister: Important to try to agree on oil cuts deal extension

Saudi Energy Minister Khalid al-Falih said on Friday that it was important to try and agree on an extension of a global oil cuts deal into the second half of the year.

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ONGC planning to bring Kutch offshore basin on stream soon: D K Sarraf

ONGC planning to bring Kutch offshore basin on stream soon: D K Sarraf

State-owned petroleum explorer Oil and Natural Gas Corporation (ONGC) is planning to bring on stream its Kutch offshore basin, the country's eighth new basin, over the next 2-3 years, Chairman and Managing Director (CMD) DK Sarraf said on the sidelines of an industry event organized by United Nations Global Compact Network (UN-GCN) India.

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GAIL awards Pipeline Laying Work Contracts for another 131 Km in Kerala

GAIL awards Pipeline Laying Work Contracts for another 131 Km in Kerala

Carrying forward the momentum for Natural Gas pipeline works in Kerala, GAIL (India) Limited today awarded Contracts for Pipeline Laying works of the Kochi – Koottanad – Mangaluru Pipeline for another 131 Km section from Areacode (Malappuram) to Kurumathoor (Kannur) at a cost of approx. Rs 200 Crore.

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INFRASTRUCTURE

Odisha pulls the plug on Posco project, hope brightens for rival JSW Steel

Odisha pulls the plug on Posco project, hope brightens for rival JSW Steel

India’s biggest FDI project, a mega steel plant worth $12 billion proposed by South Korean maker Posco in Odisha, has finally been consigned to history.

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vinayak-chatterjee-chairman-feedback-infra-pvt-ltd

Time we took India consumption story seriously: Vinayak Chatterjee, Feedback Infra

Listen Indian industry is a nice homogeneous word but within that homogeneity, there is a lot of heterogeneity.

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Iran offers India to run phase one of Chabahar Port amid negotiations

Iran offers India to run phase one of Chabahar Port amid negotiations

India's presence in the strategically located Iranian port of Chabahar — Delhi's primary gateway to landlocked Afghanistan — is all set to get a big boost. 

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Drones, satellites on the job as Modi pushes team to meet his election promises

Drones, satellites on the job as Modi pushes team to meet his election promises

The government is setting ambitious targets for this fiscal and the next to ensure that the poll promises of the Narendra Modi-led government are met, besides embracing technology at a faster pace to monitor programmes aimed at creating infrastructure in the country.

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First Direct London-China Train Completes 12,000 km Run

First Direct London-China Train Completes 12,000 km Run

Laden with whisky and baby milk, the first freight train linking China directly to the UK arrived in the eastern Chinese city of Yiwu on Saturday after a 12,000-kilometre (7,500-mile) trip, becoming the world's second-longest rail route.

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Iran offers India to run phase one of Chabahar Port

Iran offers India to run phase one of Chabahar Port

India's presence in the strategically located Iranian port of Chabahar — Delhi's primary gateway to landlocked Afghanistan — is all set to get a big boost.

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Bhutan unable to ratify sub-regional transport accord

Bhutan unable to ratify sub-regional transport accord

Kathmandu/Thimphu, April 29 (IANS) Unable to ratify the Bangladesh, Bhutan, India, Nepal (BBIN) motor vehicles agreement, Bhutan has asked the three other members to go ahead without it, leaving them in a fix, the media reported

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