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November,14,2018,Wednesday

LATEST NEWS UPDATES IN POWER/RE/COAL AND MINES FROM ACROSS THE MEDIA SPACE FROM ENERGYINFRAPOST.COM

EDITOR’S PICK

Rajasthan Solar Auction Of Bhadla Phase-IV Witnesses An All Time Low Power Tariff Of Rs 2.62/unit

Rajasthan Solar Auction Of Bhadla Phase-IV Witnesses An All Time Low Power Tariff Of Rs 2.62/unit

A record of sorts was created on Tuesday when solar power tariffs fell to Rs 2.63 a unit at the state-run Solar Energy Corporation of India (SECI) auction of Bhadla solar park in Rajasthan.

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Progress On Renewable Energy, LED Bulbs and Rural Housing Gets A Pat From PM Modi At The Review Of Key Infrastructure Sectors

Progress On Renewable Energy, LED Bulbs and Rural Housing Gets A Pat From PM Modi At The Review Of Key Infrastructure Sectors

Prime Minister, Narendra Modi on Monday reviewed progress of key infrastructure sectors including petroleum and natural gas, power, renewable energy and housing.

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Piyush Goyal To Spread UJALA In UK During His 4-Day Visit To Vienna And London From May 10

Piyush Goyal To Spread UJALA In UK During His 4-Day Visit To Vienna And London From May 10

Union Minister of State (IC) for Power, Coal and New & Renewable Energy and Mines, Piyush Goyal will launch and extend Energy Efficiency Services Limited (EESL) affordable lighting scheme – UJALA (UK Joins Affordable LEDs for All) to consumers in UK

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Exclusive Opinion Piece : Has Saudi Arabia abandoned its role as a Swing Producer?, Asks Manish Vaid

Exclusive Opinion Piece : Has Saudi Arabia abandoned its role as a Swing Producer?, Asks Manish Vaid

The resilient U.S. shale output and sluggish demand from American drivers have kept U.S. stockpiles at historically high levels making efforts of OPEC and non-OPEC to cut oil production a futile exercise. These developments has forced experts to rethink about Saudi Arabia’s role as a ‘Swing Producer’ in rebalancing the oil markets. This article therefore explore the current oil market scenario alongside evaluating if actually Saudi Arabia has abandoned its role as a Swing Producer.

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POWER/COAL/MINES/RE

Japanese Group ORIX Corporation Partners SUN Group for Solar

Japanese Group ORIX Corporation Partners SUN Group for Solar

SUN Group (“SUN”), a leading principal investor in emerging markets announced on Tuesday a joint venture partnership for its distributed generation (“DG”) – focused solar business, SUN Renewables, with ORIX Corporation (“ORIX”), one of the largest Japanese financial services groups and the largest solar developer in Japan.

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GE bags order to upgrade Hindalco's captive power plant in Uttar Pradesh

GE bags order to upgrade Hindalco's captive power plant in Uttar Pradesh

Power solutions provider GE today said it has signed an agreement with Hindalco Industries to upgrade aluminium rolling company's generation equipment at its Renusagar captive power plant in Uttar Pradesh.

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Black & Veatch to prepare recycled water masterplan for BMC

Black & Veatch to prepare recycled water masterplan for BMC

EPC solutions provider Black & Veatch today said it has bagged a contract from Brihanmumbai Municipal Corporation (BMC) to prepare a detailed masterplan for recycled water.

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India’s green targets

India’s green targets

In tune with India’s Intended Nationally Determined contributions (INDC), submitted to the United Nations Frame work convention on Climate change, that India will achieve 40% cumulative Electric power capacity from non-fossil fuel based energy resources by 2030 with the help of transfer of technology, Mega plans are being implemented in the Renewable Energy (RE) sector

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LED bulb import: Indian company says price for Nepal, Indian households same

LED bulb import: Indian company says price for Nepal, Indian households same

The Energy Efficiency Service Limited (EESL) of India has said it will sell LED bulbs to the Nepal Electricity Authority at the rate of INR 65 (NRs 104) per bulb.

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Solar-hydro route for green power project

Solar-hydro route for green power project

Bengal is going solar this time to run generators that will pump water to a reservoir uphill in Purulia's Ayodhya Hills during off peak hours, 10 years after the successful installation of Purulia Pumped Storage Project.

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Wind energy takes sail out of fiscal 2018 infra outlook

Wind energy takes sail out of fiscal 2018 infra outlook

Lacklustre toll roads, thermal and wind energy brought down the overall outlook of infrastructure sector to negative.

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Coal India hopes for export deal with Bangladesh this year

Coal India hopes for export deal with Bangladesh this year

State-owned Coal India is planning to conclude an agreement with the government of Bangladesh this year to start export of coal to that country

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Sumant Sinha of ReNew Power Ventures raises $100 million from Piramal Capital

Sumant Sinha of ReNew Power Ventures raises $100 million from Piramal Capital

Sumant Sinha, founder of Goldman Sachs-backed green energy producer ReNew Power Ventures Pvt. Ltd, has raised around $100 million in structured credit from Piramal Capital’s structured financing group (SFG) to raise his stake in the company ahead of a proposed initial public offering (IPO), two people aware of the development said

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OIL AND GAS

Global Crude oil price of Indian Basket was US$ 48.14 per bbl on 08.05.2017

Global Crude oil price of Indian Basket was US$ 48.14 per bbl on 08.05.2017

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$ 48.14 per barrel (bbl) on 08.05.2017

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Oil curbs could extend beyond 2017, says Saudi Arabia

Oil curbs could extend beyond 2017, says Saudi Arabia

Saudi Arabia’s oil minister said he’s confident that an agreement by producers to curb crude output and shrink a market glut will be extended into the second half of the year and possibly beyond

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NOC, IOC considering running gas stations

NOC, IOC considering running gas stations

Nepal Oil Corporation (NOC) and Indian Oil Corporation (IOC) will be exploring the possibility of operating gasoline stations and gas plants in Nepal as a joint venture.

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OIL Bags Golden Peacock National Training Award and Golden Globe Tigers Award 2017

OIL Bags Golden Peacock National Training Award and Golden Globe Tigers Award 2017

Oil India Limited (OIL), India’s second largest National Exploration & Production Company has recently bagged the Golden Peacock National Training Award 2017 and Golden Globe Tigers Award 2017 for industry excellence in Training.

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INFRASTRUCTURE

Potential to refinance Rs 56,000 cr in infra sector, says India Ratings

Potential to refinance Rs 56,000 cr in infra sector, says India Ratings

India Ratings and Research estimates potential to refinance more than Rs. 56,000 crore debt of the Rs. 1,73,000 crore total debt across various infra sub-sectors.

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India Grid infra investment trust's $348 million IPO to open May 17

India Grid infra investment trust's $348 million IPO to open May 17

India Grid Trust's initial public offering of up to 22.5 billion rupees ($348 million) will be open from May 17-19, according to a regulatory filing, in what would be the country's second listing by a infrastructure investment trust.

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IRCTC’s ‘Pay on Delivery’ service launched! Now book train e-tickets and make payment when delivered at home

IRCTC’s ‘Pay on Delivery’ service launched! Now book train e-tickets and make payment when delivered at home

Now, you can boom your railway ticket online and get it delivered at your doorstep with the facility of cash on delivery! Yes, you read it right.

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InvITs may deleverage infra firms by nearly Rs 13,000 cr: India Ratings

InvITs may deleverage infra firms by nearly Rs 13,000 cr: India Ratings

The first four infrastructure investment trusts (InvITs), which are likely to hit the primary markets this fiscal, may bring down the overall debt of sponsor groups by nearly Rs 13,000 crore, according to India Ratings and Research (Ind-Ra).

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Railways plans 75 more suburban services by October to make commute more comfortable

Railways plans 75 more suburban services by October to make commute more comfortable

Suburban train commute can become more comfortable as the authorities plan to introduce 75 services across Western Railway (WR) and Central Railway (CR) in the new time-table that is likely by October.

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ABB India: Gaining from steady order book

ABB India: Gaining from steady order book

If the December quarter was some precursor of improvement in ordering scenario for ABB India, the March quarter results published Monday evening reiterated the point

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China's economy continues to decelerate amid transition to consumption-based economy: IMF

China's economy continues to decelerate amid transition to consumption-based economy: IMF

China's GDP continues to decelerate, with a growth forecast of 6.6 per cent for 2017, as it transitions from an export and investment based economy to one based on domestic consumption, the International Monetary Fund (IMF) said on Tuesday.

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What is Delhi Metro fare hike: Here are the new ticket prices

What is Delhi Metro fare hike: Here are the new ticket prices

A ride in Delhi metro is set to become costlier with Delhi Metro Rail Corporation (DMRC) announcing a steep hike in prices.

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