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​GOOD MORNING INDIA!

November,16,2018,Friday

LATEST NEWS UPDATES  FROM ENERGYINFRAPOST.COM

POWER/COAL/MINES/RE

Government power companies may not import coal in FY18

Government power companies may not import coal in FY18

State-owned power plants imported around 12 million tonne of coal during 2016-17, less than a quarter of the volume imported in the previous fiscal and far less than the anticipated 25 million tonne expected during the year.

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India: Energy Efficiency Services plans IPO after foray into UK market

India: Energy Efficiency Services plans IPO after foray into UK market

India’s state-backed Energy Efficiency Services Ltd is considering an initial public offering as part of a plan to bring its power-savings business model to new markets including the UK.

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GE Energy Europe B V no longer promoter of GE T&D India

GE Energy Europe B V no longer promoter of GE T&D India

GE T&D India today said GE Energy Europe B V is no longer its promoter as the latter has sold it entire stake to GE Grid Alliance B V.

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NEA defends plan to buy LED bulbs from Indian company

NEA defends plan to buy LED bulbs from Indian company

Nepal Electricity Authority (NEA) Managing Director Kulman Ghising on Tuesday defended the government decision to buy LED bulbs from India’s Energy Efficiency Service Limited (EESL)

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Viability cloud over solar power as price hits new low

Viability cloud over solar power as price hits new low

The price of solar power touched a new low on Wednesday in the bidding held for the Bhadla Solar Park in Rajasthan’s Jodhpur district.

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Coal unions serve strike notice

Coal unions serve strike notice

Five central trade unions of the coal industry representing almost 90 per cent of the workmen have served a three-day strike from June 19 in protest against the merger of the Coal Miners Provident Fund with the Employees Provident Fund and early wage settlement.

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PowerGrid gets unified licence to offer telecom services

PowerGrid gets unified licence to offer telecom services

State-owned Power Grid Corporation has been granted unified licence with national long distance and Internet service provider authorisation to provide telecom services.

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Rational exuberance is in the air

Rational exuberance is in the air

One event changed it all. Until around mid 2016, the Indian wind power industry, which comprises wind turbine manufacturers and their customers, was mumbling and moaning about the future

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India will not allow power firms from countries where Indian companies are banned

India will not allow power firms from countries where Indian companies are banned

India’s power sector will slam the door on foreign firms from countries that do not allow Indian companies to invest and make money in their markets, introducing a strong element of reciprocity, power, coal, renewable energy and mines minister Piyush Goyal said

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Bengal Govt plans to go green in power production

Bengal Govt plans to go green in power production

In a unique move to generate power by adopting a "clean and green" method, the Mamata Banerjee-government has decided to set up a 1,000 MW solar-hydro power plant at Ayodhya in Purulia.

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States will have to offer cheap power to attract investment: Piyush Goyal

States will have to offer cheap power to attract investment: Piyush Goyal

Piyush Goyal, Union minister for power, coal, renewable energy and mines, had inherited debt-laden power distribution companies and stalled projects when he took charge in May 2014.

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Hartek Group launches solar division, Shan appointed CEO

Hartek Group launches solar division, Shan appointed CEO

City-based Hartek Group today announced the launch of a separate business vertical — Hartek Solar — to tap opportunities arising in the solar space

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Foreign power cos shouldn't operate here if their countries bar Indian cos: Goyal

Foreign power cos shouldn't operate here if their countries bar Indian cos: Goyal

Coming down heavily on countries that don’t allow Indian companies to operate in their markets, Power Minister Piyush Goyal stressed there has to be a give and take mechanism between countries for the industry to flourish

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OIL AND GAS

Rosneft aims to complete purchase of India's Essar Oil by end June

Rosneft aims to complete purchase of India's Essar Oil by end June

Russia's largest oil producer Rosneft expects to complete the acquisition of Indian refiner Essar Oil by the end of June, Rosneft's chief financial officer Pavel Fedorov said on Wednesday.

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India to import LPG from Iran to meet rising demand

India to import LPG from Iran to meet rising demand

India has for the first time ever signed a contract to import LPG from Iran as it looks at additional sources of cooking fuel to meet rising domestic demand.

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Opec output cut extension emerging hope, may pave the way for recovery

Opec output cut extension emerging hope, may pave the way for recovery

WTI crude oil prices dropped to the level of $43.76 per barrel, the level not seen since mid-November 2016, on resurgence of bearish factors that seems to have hindered the Opec's efforts to support world oil markets.

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Oil rebounds, as OPEC talks up cutting supply into 2018

Oil rebounds, as OPEC talks up cutting supply into 2018

Oil prices rose on Monday in volatile trading, bolstered by statements from major oil-producing countries suggesting that OPEC and non-OPEC supply cuts could be extended into 2018.

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Oil prices rise in Asia in expectation of Aramco supply cut

Oil prices rise in Asia in expectation of Aramco supply cut

Oil futures rose in Asian trading on Wednesday after Reuters reported that Saudi Arabia would cut supplies to the region as OPEC battles against rising U.S. production that is threatening to derail its attempts to end a sustained global glut in crude.

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Malaysia's Petronas gets flexible on LNG contracts as supply builds

Malaysia's Petronas gets flexible on LNG contracts as supply builds

Malaysia's state energy firm Petronas may try shorter-term LNG contracts and smaller cargo sizes to entice buyers, senior company officials said, at a time when it has major contracts coming up for renewal and the market is awash in supply.

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INFRASTRUCTURE

Additional AC-3 coaches in trains to clear rush

Additional AC-3 coaches in trains to clear rush

The railways has decided to add an extra AC-III tier coach to some express trains to clear the summer rush.

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Cargo traffic at 12 major ports up 6% to 56 MT in April

Cargo traffic at 12 major ports up 6% to 56 MT in April

Boosted by pick up in demand, India’s 12 major ports saw cargo traffic increase by 6.27 per cent to 55.75 million tonnes (MT) in April, the first month of the current fiscal.

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Nitin Gadkari to promote masala bonds during UK visit

Nitin Gadkari to promote masala bonds during UK visit

Union Road Transport Minister Nitin Gadkari will visit the UK this week to promote the masala bond market for India’s infrastructure needs.

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Train tickets may get costlier as Railways rethinks service charge waiver

Train tickets may get costlier as Railways rethinks service charge waiver

Hit by mounting losses, state-run Indian Railway Catering and Tourism Corporation (IRCTC) and Indian Railways are pushing for a partial rollback of the service charges waiver given on train tickets earlier to boost digital transactions after the government's demonetisation move.

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Railway line linking Kashmir with rest of India may become functional by 2021

Railway line linking Kashmir with rest of India may become functional by 2021

India is fast-tracking a project to connect Kashmir valley with the rest of the country by rail, which will enable trains to operate between New Delhi and Srinagar in 14 hours flat.

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Railways all set to roll-out 160-kmph capable Tejas Express on Delhi-Chandigarh route

Railways all set to roll-out 160-kmph capable Tejas Express on Delhi-Chandigarh route

The passengers of Delhi-Chandigarh section will soon enjoy a comfortable ride at high speed of 160 kmph as the Rail Coach Factory (RCF) here is all set to roll out the first rake of 19 coaches in a couple of days.

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Clean City Survey Encourages Environmentally Unsustainable Ways to Manage Waste, Says Green Body

Clean City Survey Encourages Environmentally Unsustainable Ways to Manage Waste, Says Green Body

Just days after the clean city survey Swachh Survekshan 2017 ranked cities on the basis of their cleanliness, the Centre for Science and Environment (CSE) has questioned the criteria of ranking.

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Get train tickets at your doorstep, pay on delivery

Get train tickets at your doorstep, pay on delivery

IRCTC is now offering home delivery of rail tickets and will allow passengers to make payment through any payment mode, including cash

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Indian Railways To Acquire System To Run Trains Without Guards

Indian Railways To Acquire System To Run Trains Without Guards

The Indian Railways will float global tenders worth over Rs. 100 crore for acquiring sophisticated equipment to run 1000 trains without guards

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Lenders want Ruias to infuse Rs 2,500 crore in Essar Steel

Lenders want Ruias to infuse Rs 2,500 crore in Essar Steel

Indian banks have asked the promoters of Essar Steel to bring in fresh equity worth Rs 2,500 crore into the company before it can go ahead with its proposal for loan restructuring.

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