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November,21,2018,Wednesday

LATEST NEWS UPDATES  FROM ENERGYINFRAPOST.COM

POWER/COAL/MINES/RE

Govt considering winding up unsafe coal mines: Goyal

Govt considering winding up unsafe coal mines: Goyal

The government is planning to soon shut some of the mines of the state-owned Coal India that are relatively unsafe and produce small quantity of coal.

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Power Minister Goyal emphasises on promoting indigenous solar equipment manufacturing

Power Minister Goyal emphasises on promoting indigenous solar equipment manufacturing

As India is looking forward to increase the capacity of renewable energy in the power sector to 225 Giga Watts by 2022,

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NTPC to list Masala bonds at LSE today

NTPC to list Masala bonds at LSE today

State-run power giant NTPC will list its Masala Bonds at London Stock Exchange (LSE) today in the presence of Power Minister Piyush Goyal.

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Ease of getting power: India’s rank up by 73

Ease of getting power: India’s rank up by 73

The focused reforms unleashed by the Narendra Modi government in the last three years have halved the rate at which power prices rose every year, and improved India's position in the global 'ease of getting electricity' ranking.

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Power, coal, renewable energy and mines ministries to switch to electric cars

Power, coal, renewable energy and mines ministries to switch to electric cars

Keeping in mind the government’s push for electric vehicles, officials and state firms under the power, coal, renewable energy and mines ministries will soon start switching to electric vehicles.

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Niti Aayog calls for carrot and stick policy for electric vehicles market

Niti Aayog calls for carrot and stick policy for electric vehicles market

In a game-changing move for India’s mobility, energy and environment needs, Niti Aayog has recommended fiscal incentives for electric vehicles (EV) manufacturers and discouraging privately-owned petrol- and diesel-fuelled vehicles.

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Use of electric vehicles could save $60 billion by 2030: Niti Aayog

Use of electric vehicles could save $60 billion by 2030: Niti Aayog

India could save as much as $60 billion in energy costs by 2030 and one gigatonne of carbon emissions between 2017 and 2030 by adopting more electric and shared vehicles

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Solar power tariff drops to historic low at Rs 2.44/unit

Solar power tariff drops to historic low at Rs 2.44/unit

Solar power tariff dropped further to hit a new low of Rs 2.44 per unit in the auction conducted for Bhadla solar park.

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Bengal Govt to now meet potential investors in foreign countries on a monthly schedule

Bengal Govt to now meet potential investors in foreign countries on a monthly schedule

West Bengal Industrial Development Corporation (WBIDC) is now going to visit other countries to meet potential investors.

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'Ripple effect of India's energy shift visible globally'

'Ripple effect of India's energy shift visible globally'

India's solar tariffs have fallen 40 per cent in just 16 months, an unprecedented rate way beyond any market forecasts, and its energy transformation will have a ripple effect, as is already seen in the UAE, South Africa, Australia and other countries.

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Solarpack secures financing for 135 MW of solar in Chile and India

Solarpack secures financing for 135 MW of solar in Chile and India

Spanish PV project developer Solarpack announced it has secured financing for nine PV projects with a combined capacity of 135.5 MW.

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Solar power cheaper, but will the companies survive?

Solar power cheaper, but will the companies survive?

The results from the bidding for the Bhadla solar power project in Rajasthan, where solar power tariffs plummeted to Rs 2.62 per kWh(unit), will change the dynamics of India’s power sector.

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Essar Power asks lenders to work on debt recast

Essar Power asks lenders to work on debt recast

Essar Power has requested lenders to work out a debt recast plan for ensuring sustainability of group company Essar Power Gujarat Ltd (EPGL) as it fears an unfavourable tariff order might wipe off EPGL’s cash flow necessary for servicing debt.

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Renewable energy companies seek total clarity in solar park auctions

Renewable energy companies seek total clarity in solar park auctions

Solar parks have helped renewable energy companies reduce tariffs substantially but some developers are complaining that at times the parks charge high fee and do not provide adequate infrastructure .

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Domestic LED manufacturers to get preference for government projects

Domestic LED manufacturers to get preference for government projects

The government has decided to give preference to domestic producers of LED lights in procurement for various projects.

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JSPL to commission 6 mtpa steel plant in Odisha by May end

JSPL to commission 6 mtpa steel plant in Odisha by May end

Jindal Steel and Power Plant's (JSPL) six million tonne per annum (mtpa) steel plant in Odisha's Angul would be commissioned by the end of May, JSPL Chairman Naveen Jindal said on Friday.

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Mine and metal firms set to embrace Cloud, data security

Mine and metal firms set to embrace Cloud, data security

Four of five mining and metals companies globally, including in India, expect to increase their spending on digital technologies like Cloud computing and data security over the next three years, a new Accenture survey said on Friday.

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Solar power, hormones added in India factory data overhaul

Solar power, hormones added in India factory data overhaul

India is dragging its factory data into the modern era, adding production figures for hormones and renewable energy as it ramps up efforts to provide a more accurate picture of Asia’s third-largest economy.

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OIL AND GAS

Global Crude oil price of Indian Basket was US$ 49.71 per bbl on 11.05.2017

Global Crude oil price of Indian Basket was US$ 49.71 per bbl on 11.05.2017

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$ 49.71 per barrel (bbl) on 11.05.2017.

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Free-LPG scheme: Oil Ministry issues warning about fake websites claiming Pradhan Mantri Ujjwala Yojana distributorship

Free-LPG scheme: Oil Ministry issues warning about fake websites claiming Pradhan Mantri Ujjwala Yojana distributorship

The Oil Ministry on Monday warned citizens to be careful about fake websites on the free-LPG scheme, Pradhan Mantri Ujjwala Yojana.

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U.S. oil faces resistance at $48.35

U.S. oil faces resistance at $48.35

For more technical analyses, click SINGAPORE, May 12 (Reuters) - U.S. oil faces a resistance at $48.35 per barrel, a break above which could lead to further gain to $50.

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India’s 2030 all-electric car target seen ‘ambitious’ by IEA

India’s 2030 all-electric car target seen ‘ambitious’ by IEA

India’s potential plan to sell only electric cars by the end of next decade would require nearly eight times the global stock of such vehicles, according to the International Energy Agency.

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Fuel demand in April up 3 per cent from last year

Fuel demand in April up 3 per cent from last year

India's fuel demand rose more than 3 percent in April compared with the same month last year.

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IEA to review oil demand outlook after China, India signal auto policy shifts

IEA to review oil demand outlook after China, India signal auto policy shifts

The International Energy Agency will review its electric vehicle (EV) use and oil demand forecasts after India and China recently signaled new policies in favour of electric cars and vehicles using other alternatives to gasoline.

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INFRASTRUCTURE

Gadkari Invites Investors To India\'s Infra Sector

Gadkari Invites Investors To India\'s Infra Sector

Union Minister Nitin Gadkari on Thursday invited global investors to participate in the development of India's infrastructure sector.

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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

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Catering staff missing, many Ranchi-bound Rajdhani passengers go without food on train

Catering staff missing, many Ranchi-bound Rajdhani passengers go without food on train

Passengers travelling to Ranchi from New Delhi on Rajdhani Express endured an unpleasant journey after they were not served food on the train on Wednesday evening.

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DMRC to challenge tribunal order on airport line in Delhi HC

DMRC to challenge tribunal order on airport line in Delhi HC

The Delhi Metro Rail Corporation (DMRC) will move the Delhi High Court against a tribunal's order asking it to pay Rs 2,950 crore to a Reliance-infra subsidiary in a case related to the Airport Express premium corridor.

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Giving more power RBI an important step; implementation face challenges: Fitch

Giving more power RBI an important step; implementation face challenges: Fitch

Recent actions of the Reserve Bank of India (RBI) in solving the non-performing assets problem is considered as a concerted push, Fitch Ratings said.

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Electric vehicles are future of transportation in India: NITI Aayog CEO Amitabh Kant

Electric vehicles are future of transportation in India: NITI Aayog CEO Amitabh Kant

Electric vehicles are the future of India's transportation system and could save billions of dollars in fuel cost while also reducing pollution, a report released by NITI Aayog on Friday said.

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US think-tank launches web portal to track Indian states

US think-tank launches web portal to track Indian states

A top US think-tank today launched a knowledge web portal which tracks the policy and regulatory environments of major Indian states.

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