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​GOOD MORNING INDIA!

November,14,2018,Wednesday

LATEST NEWS UPDATES ON ​ENERGY AND INFRASTRUCTURE FROM ACROSS THE MEDIA

POWER/COAL/MINES/RE

Tata Power ropes in ex-Cabinet secretary K M Chandrasekhar

Tata Power ropes in ex-Cabinet secretary K M Chandrasekhar

Tata Power today appointed former Cabinet secretary K M Chandrasekhar independent director on its board for five years.

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Source: The Economic Times

State discoms lower losses in FY16, improve cost coverage

State discoms lower losses in FY16, improve cost coverage

Operational performance of state power distribution companies has improved with a decline in commercial losses of electricity and marginally better coverage of costs in fiscal 2016, a report by the Power Finance Corp (PFC) said.

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Source: The Economic Times

In a first, NTPC NETRA Installs India’s highest temperature Drop Tube Reactor and Photogrammetry System of Solar Thermal Lab

In a first, NTPC NETRA Installs India’s highest temperature Drop Tube Reactor and Photogrammetry System of Solar Thermal Lab

NETRA (NTPC Energy Technology Research Alliance) has installed India’s first of its kind, indigenously developed , high temperature (designed for 1500 Deg C) Drop Tube Reactor (DTR) system recently.

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Source: Team EnergyInfraPost

BHEL’s Solar business gets on the fast track;Solar Photovoltaic (PV) Portfolio touches 370 MW mark

BHEL’s Solar business gets on the fast track;Solar Photovoltaic (PV) Portfolio touches 370 MW mark

Bharat Heavy Electricals Limited (BHEL) has ended the year 2016-17 with a significant Solar PV portfolio of 370 MW, comprising 360 MW ground-mounted power plants and 10 MW rooftop power plants

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Source: Team EnergyInfraPost

New Swiss solar plane completes first test flight, aims higher

New Swiss solar plane completes first test flight, aims higher

A group of Swiss adventurers say they have completed the first test flight of a new solar-powered airplane they hope will eventually reach the edge of space.

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Source: Financial Express

After Gujarat and Andhra, Kerala enters club of fully-electrified states

After Gujarat and Andhra, Kerala enters club of fully-electrified states

After Gujarat and Andhra Pradesh, Kerala is readying to enter the select club of fully-electrified states. Each and every household in Kerala will have electricity by the end of May, state electricity minister M M Mani said here on Friday.

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Source: Financial Express

ABB India opens global service center for energy saving drives in Bengaluru

ABB India opens global service center for energy saving drives in Bengaluru

ABB has launched India’s first digitalised remote service center for its energy saving drives solutions and added a new production line for digitalised low voltage drives in Bengaluru

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Source: Business Standard

Solar steam generator to be trialled for chemical production in Mexico

Solar steam generator to be trialled for chemical production in Mexico

Solar collector that heats steam up to 250°C could provide a cheap source of heat for industrial processes.Super-heated steam generated by plastic lenses focusing the power of the sun’s rays is to be trialled for sustainable chemicals production in Mexico

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Source: Channel News Asia

Solar power: A shot in the arm for India's health centres

Solar power: A shot in the arm for India's health centres

For Dr Vinayak Salunke, flashlights worth less than $10 each are one of the most valuable assets at the Vihamandra health centre in Aurangabad in India's western state of Maharashtra

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Source: Reuters

GE Power India intimates of change in promoter holding

GE Power India intimates of change in promoter holding

GE Power India announced that GE Energy Europe B.V. (GEEE B.V.) on 02 May 2017 has sold its entire shareholding (13,789 shares) in GE Power India to another promoter, Alstom Finance B.V

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Source: Business Standard

Wind power companies in shock over Andhra Pradesh discom’s move to renegotiate PPAs

Wind power companies in shock over Andhra Pradesh discom’s move to renegotiate PPAs

Wind project developers are alarmed over a move by Andhra Pradesh Southern Power Distribution Co Ltd (APSPDCL), the southern state’s main distribution company

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Source: The Economic Times

OIL AND GAS

Over 2.20 Cr LPG Connections given in 1st year of Pradhan Mantri Ujjwala Yojana; surpasses target of 1.5 Cr for Financial year 2016-17

Over 2.20 Cr LPG Connections given in 1st year of Pradhan Mantri Ujjwala Yojana; surpasses target of 1.5 Cr for Financial year 2016-17

Minister of State (I/C) for Petroleum and Natural gas, Shri Dharmendra Pradhan addressed the media on the Pradhan Mantri Ujjwala Yojana (PMUY), a flagship scheme of the Ministry of Petroleum and Natural Gas here today.

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Source: Team EnergyInfraPost

HPCL, Mittal ready $3 bn to set up Bhatinda petchem unit

HPCL, Mittal ready $3 bn to set up Bhatinda petchem unit

State-owned Hindustan Petroleum Corporation Ltd (HPCL) and its partner Lakshmi N Mittal will invest about USD 3 billion in setting up a petrochemical complex at their Bhatinda refinery in Punjab

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Source: The Times Of India

Govt looks to pump Rs 30k cr in LPG production, distribution

Govt looks to pump Rs 30k cr in LPG production, distribution

The government is eyeing close to Rs 30,000-crore investment for expansion of LPG production and distribution network in next three years as it widens cooking gas coverage by giving out a record number of connections

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Source: India

Pradhan Mantri Ujjwala Yojana completes 1 year

Pradhan Mantri Ujjwala Yojana completes 1 year

Prime Minister Narendra Modi’s flagship Ujjwala Yojana completed one year on Friday. Targeting to add 10 crore new LPG connections in next three years

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Source: Khabar India

BHP Billiton under pressure to sell shale, even as oil prices fall

BHP Billiton under pressure to sell shale, even as oil prices fall

BHP Billiton is facing pressure from two activist shareholders over its $20 billion splurge on U.S. shale oil and gas fields, but may resist calls to dump the business just as oil prices are sliding

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Source: Reuters

Global Crude oil price of Indian Basket was US$ 48.82 per bbl on 04.05.2017

Global Crude oil price of Indian Basket was US$ 48.82 per bbl on 04.05.2017

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$ 48.82 per barrel (bbl) on 04.05.2017

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Source: Team EnergyInfraPost

Daily fuel price revision distorts neighbouring markets

Daily fuel price revision distorts neighbouring markets

The move to implement daily fuel price revision has pushed neighbouring markets towards price distortion on its very first day

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Source: The Hindu Business Line

ONGC’s overseas arm strikes oil in Colombia: Report

ONGC’s overseas arm strikes oil in Colombia: Report

Oil and Natural Gas Corporation’s (ONGC) overseas arm –ONGC Videsh (OVL) has reportedly found hydrocarbon reserves in its Mariposa-1 well, which is under drilling in CPO-5 block of Colombia

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Source: Udaipurkiran

INFRASTRUCTURE

Modi govt’s big infra push is visible & foreign investors know India will give best returns: Nitin Gadkari

Modi govt’s big infra push is visible & foreign investors know India will give best returns: Nitin Gadkari

India's infrastructure projects are drawing substantial interest from global investors such as DBS, while sovereign overseas funds Temasek and GIC of Singapore are keen to invest in the Rs 5,000-crore masala bonds

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Source: The Economic Times

Indian infra story drawing foreign investors: Nitin Gadkari

Indian infra story drawing foreign investors: Nitin Gadkari

Several major foreign investors including DBS have lined up to buy and operate government-owned national highway projects for 30 years

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Source: The Economic Times

Country's maiden InvIT offering garners good response

Country's maiden InvIT offering garners good response

The country's maiden offering of infrastructure investment trust (Invit) garnered encouraging response, opening a new capital raising avenue for infrastructure and real estate companies.

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Source: Business Standard

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