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November,14,2018,Wednesday

LATEST NEWS UPDATES  FROM ENERGYINFRAPOST.COM

China, India surpass US as most attractive renewables markets: EY report

China, India surpass US as most attractive renewables markets: EY report

China and India have surpassed the United States to become the two most attractive countries for renewable energy investment, a report by UK accountancy firm Ernst & Young showed on Tuesday.

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IFC may invest $40 million in Tata Cleantech Capital to promote renewable energy projects

IFC may invest $40 million in Tata Cleantech Capital to promote renewable energy projects

International Finance Corporation may invest up to $40 million in Tata Cleantech Capital Ltd's (TCCL) green bond issue to help the company expand long-term environment-friendly infrastructure funding.

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Piyush Goyal wants no hindrance to possession of electricity connections

Piyush Goyal wants no hindrance to possession of electricity connections

Power Minister Piyush Goyal today endorsed the idea of providing electricity connection to consumers other than property owners like tenants and said it does not create any right over ownership.

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Strong Q4 show by ABB, Siemens are early signs of capex recovery

Strong Q4 show by ABB, Siemens are early signs of capex recovery

Back in February when most capital goods companies showed improved capacity utilisation, it pointed to early signs of turnaround for the sector.

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Clean energy push: Govt to revise PMUY target to 80 mn connections in 3 yrs

Clean energy push: Govt to revise PMUY target to 80 mn connections in 3 yrs

The ministry of petroleum and natural gas has asked an additional budgetary support of Rs 4,800 crore from the finance ministry for adding another 30 million customers to its flagship social sector scheme Pradhan Mantri Ujjwala Yojana (PMUY).

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Towards ‘power for all’

Towards ‘power for all’

Provisioning of continuous and quality power supply to more than 250 million households (families) in the country is indeed a great challenge. 

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BHEL bags order for Steam & Power Generation Package

BHEL bags order for Steam & Power Generation Package

Against stiff International Competitive Bidding (ICB), state-owned Bharat Heavy Electricals Limited (BHEL) said on Tuesday that it has won a prestigious order for a Steam and Power Generation Package from Ramagundam Fertilizers and Chemicals Limited (RFCL)

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India’s energy shift creates ripples

India’s energy shift creates ripples

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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Coal to be India's energy mainstay for next 30 years: NITI Aayog report

Coal to be India's energy mainstay for next 30 years: NITI Aayog report

Coal will remain India's main energy source for the next three decades although its share will gradually fall as the country pushes renewable power generation, according to a government report seen by Reuters

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Gujarat Cancelling 4 Gigawatt Coal Power Plant As India Moves Away From Coal

Gujarat Cancelling 4 Gigawatt Coal Power Plant As India Moves Away From Coal

The government of Indian state Gujarat has cancelled a proposed 4 gigawatt coal power ultra-mega power project due to existing surplus generation capacity and a desire to transition from fossil fuel–based energy sources to renewable power.

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China, India dominate coal ownership as some shun climate risks

China, India dominate coal ownership as some shun climate risks

Bonn, Germany: Investors in China and India increasingly dominate ownership of coal reserves amid campaigns for divestment in many rich nations to limit the risks from climate change, a study showed on Tuesday.

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India pips US on renewable energy investment, trails China: Report

India pips US on renewable energy investment, trails China: Report

India has overtaken the US to become the second-most attractive country after China for renewable energy investment, according to a report by UK accountancy firm EY.

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Japan-India nuclear pact clears Lower House despite opposition concerns

Japan-India nuclear pact clears Lower House despite opposition concerns

A civilian nuclear cooperation pact between Japan and India cleared the Lower House on Tuesday, paving the way for Tokyo to export nuclear power equipment and technology to the fast-growing economy not part of the Nuclear Non-Proliferation Treaty.

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Adani Power’s troubled Mundra plant gets CERC relief

Adani Power’s troubled Mundra plant gets CERC relief

The Central Electricity Regulatory Authority (CERC) has granted Adani Power full compensation for the rise in the cost of electricity generation at its 4,620-MW thermal power plant at Mundra

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NTPC To Give Rs 50 Lakh For Beautification Of Kokrajhar Station

NTPC To Give Rs 50 Lakh For Beautification Of Kokrajhar Station

The National Thermal Power Corporation (NTPC) Ltd. has pledged Rs. 50 lakh for beautification and up-keep of Kokrajhar railway stations under its Corporate Social Responsibility (CSR).

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China, India dominate coal ownership amid divestments: Report

China, India dominate coal ownership amid divestments: Report

Investors in China and India increasingly dominate ownership of coal reserves amid campaigns for divestment in many rich nations to limit the risks from climate change, a study showed on Tuesday.

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Energy storage market for off-grid renewable energy in India to touch Rs 16,500 crore by 2022: CEEW

Energy storage market for off-grid renewable energy in India to touch Rs 16,500 crore by 2022: CEEW

The energy storage market for off-grid renewable energy in India would be worth Rs 16,500 crore by 2022, according to a report released by the Council on Energy, Environment and Water (CEEW) during the Solar India Expo 2017.

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Global Crude oil price of Indian Basket was US$ 51.08 per bbl on 15.05.2017

Global Crude oil price of Indian Basket was US$ 51.08 per bbl on 15.05.2017

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$ 51.08 per barrel (bbl) on 15.05.2017

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Crude oil may fall back to $47 if Opec fails to agree on output cuts

Crude oil may fall back to $47 if Opec fails to agree on output cuts

Oil prices saw a good rebound last week after slumping sharply in the week prior as short positions got covered in the run up to the Opec meeting later this month.

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CNG price in Delhi hiked by 35 paise per kg, piped cooking gas by 81 paise

CNG price in Delhi hiked by 35 paise per kg, piped cooking gas by 81 paise

Day after the oil companies cut petrol prices by Rs 2.16/litre and diesel prices by Rs 2.10/litre as crude rates fell, CNG prices in Delhi were hiked by 35 paise per kg

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IOC, Rural Electricfication enter MSCI index; Divis Lab makes an exit

IOC, Rural Electricfication enter MSCI index; Divis Lab makes an exit

Two state-owned firms Indian Oil Corporation (IOC) and Rural Electrification Corporation (REC) will be included in the MSCI India index, while drug firm Divis Laboratories will move out.

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Niti Aayog working on plan to convert unsold BS III stock to run on Methanol-blended fuel

Niti Aayog working on plan to convert unsold BS III stock to run on Methanol-blended fuel

In a bid to promote the use of Methanol in industry, the government think-tank NITI Aayog is working on a plan that will allow India to use the alternate fuel for meeting BS VI specifications for automobiles

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Clean energy push: Govt to revise PMUY target to 80 mn connections in 3 yrs

Clean energy push: Govt to revise PMUY target to 80 mn connections in 3 yrs

The ministry of petroleum and natural gas has asked an additional budgetary support of Rs 4,800 crore from the finance ministry for adding another 30 million customers to its flagship social sector scheme Pradhan Mantri Ujjwala Yojana (PMUY).

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Iran Wants India To Pay More Than Triple The Price Of Gas For Awarding Block To ONGC Videsh

Iran Wants India To Pay More Than Triple The Price Of Gas For Awarding Block To ONGC Videsh

In fresh conditions, Iran wants India to pay more than triple the gas price for award of the coveted Farzad-B natural gas block to ONGC Videsh (OVL).

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Oil India starts survey to look for presence of hydrocarbons in Manipur

Oil India starts survey to look for presence of hydrocarbons in Manipur

Oil India Limited, has commenced a survey to check for the presence of hydrocarbons in Manipur. The project manager of the Manipur State Level Convention on Oil Exploration team, Sumit Mahajan, told that they had started conducting the survey two months back, from district Jribam

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Oil Market Is Rebalancing Yet OPEC's Work Not Finished, IEA Says

Oil Market Is Rebalancing Yet OPEC's Work Not Finished, IEA Says

Global oil markets are rebalancing as supply cuts by OPEC and its allies take effect, yet longer curbs are needed to drain excess inventories, according to the International Energy Agency.

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India electric vehicle policy by December: Nitin Gadkari

India electric vehicle policy by December: Nitin Gadkari

The Minister for Road Transport and Highways Nitin Gadkari in a statement on Monday, said that the National Democratic Alliance government will put an electric vehicle policy in place by the end of this year.

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China, Pakistan to modernise vital rail link to speed up CPEC construction

China, Pakistan to modernise vital rail link to speed up CPEC construction

China and Pakistan have agreed to jointly modernise the 1,600-km long vital railway link connecting southern and northern Pakistan as part of a move to push forward construction of the China-Pakistan Economic Corridor

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Minister of Railways Inaugurates Round Table Conference on Data Analytics for Indian Railways

Minister of Railways Inaugurates Round Table Conference on Data Analytics for Indian Railways

Minister of Railways, Shri Suresh Prabhakar Prabhu inaugurated Round Table Conference on “Data Analytics for Indian Railways”

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Railways to use Nirbhaya Fund for CCTVs at 900 stations

Railways to use Nirbhaya Fund for CCTVs at 900 stations

The Indian Railways will install CCTV cameras at more than 900 stations under the Nirbhaya Fund at an approved cost of Rs 500 crore to strengthen security at railway premises

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Suburban rail project back on track, almost

Suburban rail project back on track, almost

A special purpose vehicle (SPV), to implement the `11,000-crore Suburban Rail Project for Bengaluru, is likely to be set up in the next three months.The Directorate of Urban Land Transport (DULT) is tasked with initiating the process.

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Visa launches contactless payment system at NHAI’s Manesar toll plaza

Visa launches contactless payment system at NHAI’s Manesar toll plaza

In a move aimed at reducing congestion and waiting time of commuters at toll plazas, global payments technology firm Visa has launched a proof-of-concept (PoC) to showcase contactless toll payments at National Highway Authority of India’s (NHAI) Manesar toll plaza.

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'Re 1 Medical Clinics' That'll Work Round The Clock, Launched At 14 Railway Stations In Mumbai

'Re 1 Medical Clinics' That'll Work Round The Clock, Launched At 14 Railway Stations In Mumbai

In order to deal with the growing number of accidents and medical emergencies involving passengers travelling with Indian Railways, '1 Rupee Clinics' have been launched across 14 stations in Mumbai.

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"Make in India" slowly picking up momentum, yielding results

"Make in India" slowly picking up momentum, yielding results

Modi’s much-touted “Make in India” initiative is reportedly yielding positive results. An analysis based on the extent of industrial development, foreign investments and exports, point out that there has been a marked increase in industrial growth on the advent of this program

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