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November,14,2018,Wednesday

NEWS UPDATES IN ENERGY AND INFRASTRUCTURE FROM ACROSS THE MEDIA SPACE FROM ENERGYINFRAPOST.COM

POWER/COAL/MINES/RE

India seen to become third-biggest solar market in 2017

India seen to become third-biggest solar market in 2017

India will become the third biggest solar market globally in 2017, says India Solar Handbook 2017 by Bridge to India, a consulting and knowledge service provider in the clean technology market.

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Clean coal’s future

Clean coal’s future

Despite the current public focus on alternative energy sources, coal is the world’s largest source of electrical power and continues to grow as developing countries strive to reduce energy poverty.

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Pakistan rocked with massive power shortage

Pakistan rocked with massive power shortage

People across Pakistan are facing extensive power cuts of 7-10 hours, as demand and supply gap continues to widen. The Ministry of Water and Power stated that the demand crossed 20,223MW

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Gujarat drops 4,000-Mw coal power project

Gujarat drops 4,000-Mw coal power project

Kamlesh Pednekar The government of Gujarat has dropped a proposal for setting up a 4,000-Megawatt (Mw) coal-based ultra mega power project (UMPP)

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Rs 1.9 lakh crore of bank money to power sector may turn bad

Rs 1.9 lakh crore of bank money to power sector may turn bad

Close to Rs 1.9 lakh crore of bank money used to finance private sector coal-fired capacities of around 45 gigawatt is facing the risk of turning bad.

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China said to mull 3 mega power firms in $855 bn reshuffle

China said to mull 3 mega power firms in $855 bn reshuffle

China is considering plans to create three power giants through mergers of eight coal-fired and nuclear generators with combined assets of almost 5.9 trillion yuan ($855 billion), according to people with knowledge of the plan.

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India's 'digital' power system to undergo countrywide cyber security audit

India's 'digital' power system to undergo countrywide cyber security audit

India's power distribution and generation system, which is being digitised by the government, is set to see a countrywide cyber security audit so that hacking in state grids and plants can be prevented.

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OIL AND GAS

Global Crude oil price of Indian Basket was US$ 47.85 per bbl on 05.05.2017

Global Crude oil price of Indian Basket was US$ 47.85 per bbl on 05.05.2017

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$ 47.85 per barrel (bbl) on 05.05.2017.

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ONGC finds 120 ft oil in Mariposa well, Colombia

ONGC finds 120 ft oil in Mariposa well, Colombia

The Oil and Natural Gas Corporation Limited (ONGC) Videsh has encountered the presence of approximately 120 feet of oil saturated in the Lower Sands Unit-3 of the Une Formation, in its well Mariposa

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Indian Oil Corporation in early talks with Saudi Aramco for downstream project

Indian Oil Corporation in early talks with Saudi Aramco for downstream project

Indian Oil Corporation Ltd (IOCL) said it is in initial talks with Saudi Aramco on downstream investments, including a mega project on its west coast

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Saudi energy minister says may extend oil output cuts beyond 2017

Saudi energy minister says may extend oil output cuts beyond 2017

Saudi Arabia's energy minister Khalid Al-Falih said on Monday that oil markets were rebalancing after years of oversupply, but that he still expected an Opec-led deal to cut output during the first half of the year to be extended to all of 2017.

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Petrol pump woes: Fuel pump owners to observe ‘No purchase’ day on May 10, to work in single shifts from May 15

Petrol pump woes: Fuel pump owners to observe ‘No purchase’ day on May 10, to work in single shifts from May 15

After holding protests for a ‘weekly off’ every Sunday earlier this month, the petrol pump owners have announced an indefinite agitation this week as their long-pending demands have not been fulfilled

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Perks, foreign trips of govt babus under oil ministry scanner

Perks, foreign trips of govt babus under oil ministry scanner

With growing controversies over perks given to senior minister and officials, as fresh news of extravagant junkets being enjoyed by this privileged group keep getting reported

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Chennai oil spill: Kamarajar Port gives recommendations

Chennai oil spill: Kamarajar Port gives recommendations

Kamarajar Port Ltd has presented a set of recommendations to the Captain Subhash Kumar Committee, probing the collision of two cargo ships off the coast here in January, to enhance operational efficiency, a top official said today.

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NGT Issues Notice to Delhi Government, Pollution Committee Over Gas Leak

NGT Issues Notice to Delhi Government, Pollution Committee Over Gas Leak

The National Green Tribunal (NGT) on Monday issued a notice to the Delhi government, the Ministry of Environment and Forests

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Praj opens India's first second-generation bio-refinery for renewable fuels

Praj opens India's first second-generation bio-refinery for renewable fuels

Praj Industries on Sunday announced the opening of India's first integrated bio-refinery for renewable fuels and chemicals which will use a variety of agricultural residues to produce a variety of products.

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PM Modi's dream project 'Urja Ganga' gets underway in Varanasi

PM Modi's dream project 'Urja Ganga' gets underway in Varanasi

Prime Minister Narendra Modi’s dream project- City Gas Distribution Project (CGD) as a part of Jamsehdpur-Haldia and Bokaro-Dharma Pipeline (JHBDPL) named Urja Ganga Project started taking shape in his parliamentary constituency Varanasi on Sunday

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Daily fuel price revisions to boost OMCs' bottomlines

Daily fuel price revisions to boost OMCs' bottomlines

Government decision to revise retail fuel prices daily is likely to result in improvement marketing margins for oil companies leading to better profitability, says a report.

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IOC may take final investment decision on west coast refinery by end-2018: Chairman

IOC may take final investment decision on west coast refinery by end-2018: Chairman

Indian Oil Corp (IOC) has held preliminary discussions with Saudi Aramco on downstream investments in India including the mega refinery-petrochemical project in the country's west coast, IOC's chairman said on Monday.

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Over 82% LPG coverage in 2017-18, 95% by 2018-19: Official

Over 82% LPG coverage in 2017-18, 95% by 2018-19: Official

After increasing the LPG coverage by oil marketing companies (OMCs) to 72.84 per cent in the last fiscal, the Petroleum Ministry plans to increase it to over 82 per cent by the current fiscal's end and over 95 per cent by 2018-19, an official said on Monday.

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INFRASTRUCTURE

Railways official develops new urban mass transit system concept, calls it ‘Caterpillar train’, US MNC slaps legal notice

Railways official develops new urban mass transit system concept, calls it ‘Caterpillar train’, US MNC slaps legal notice

The ‘Caterpillar train’ concept by an Indian Railways officer Ashwani Upadhyaya has run into a legal hurdle after US-based company Caterpillar Inc slapped a legal notice against him

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Infra firms line up for InvIT offer after IRB success

Infra firms line up for InvIT offer after IRB success

The success of the initial public offer of equity in IRB Infrastructure Developers’ infrastructure investment trust (InvIT)

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India to grow 7.5% next year on higher infra spending, says UN

India to grow 7.5% next year on higher infra spending, says UN

The Indian economy will grow 7.5 per cent next year by virtue of consumption revival and higher infrastructure spending, says a report by the UN Economic and Social Commission for Asia and the Pacific (ESCAP).

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After 8 years, Delhi Metro announces new fares; maximum charge at Rs 50

After 8 years, Delhi Metro announces new fares; maximum charge at Rs 50

The Delhi Metro Rail Corporation (DMRC) today announced new fares starting Wednesday, the first such increase after eight years.

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Ramky Infrastructure wins Rs 337 crore contract from NHAI in Jharkhand

Ramky Infrastructure wins Rs 337 crore contract from NHAI in Jharkhand

Ramky Infrastructure today said it has won a Rs 337 crore highway project in Jharkhand from National Highways Authority of India.

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Chenab railway bridge, world’s tallest, to host bungee jumping and many other such exciting sport events

Chenab railway bridge, world’s tallest, to host bungee jumping and many other such exciting sport events

India will soon boast the world’s tallest railway bridge, construction of which is on in full swing, over the river Chenab in the difficult terrain of Jammu and Kashmir.

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Modi government plans a slew of rail links in Northeast to connect with neighbours

Modi government plans a slew of rail links in Northeast to connect with neighbours

South Asia Satellite is one of several steps that the Narendra Modi government is pushing for effective regional integration with a slew of rail links

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