​GOOD MORNING INDIA!

November,13,2018,Tuesday

NEWS UPDATES OF THE DAY ON ENERGY  AND INFRASTRUCTURE FROM ACROSS THE MEDIA SPACE

General Electric signs $15 billion of Saudi deals, MoUs during Donald Trump visit

General Electric signs $15 billion of Saudi deals, MoUs during Donald Trump visit

US conglomerate General Electric said it signed agreements and memorandums of understanding worth $15 billion with Saudi Arabia today during President Donald Trump’s visit to the oil-rich kingdom.

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EESL to invest Rs 1,000 cr under buildings programme

EESL to invest Rs 1,000 cr under buildings programme

The Energy Efficiency Services Ltd (EESL, on Saturday said it would bring investment to the tune of Rs 1,000 crore covering more than 10,000 large government or private buildings in next 2-3 years as part of the Energy Efficient Buildings programme.

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India Grid Trust's Rs 2,250-cr IPO oversubscribed 1.17 times

India Grid Trust's Rs 2,250-cr IPO oversubscribed 1.17 times

The IPO of India Grid Trust to raise Rs 2,250 crore was oversubscribed 1.17 times till late afternoon trade on the last day of the offer on Friday.

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Kudankulam nuclear plant II restarts generation

Kudankulam nuclear plant II restarts generation

The second unit of the Kudankulam Nuclear Power Project (KNPP) was reconnected to the southern power grid on Saturday morning, said officials.

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JSW Energy allows joint MD & CEO Sanjay Sagar to exit early

JSW Energy allows joint MD & CEO Sanjay Sagar to exit early

JSW Energy today said it has accepted Sanjay Sagar's request for early relinquishment of office as the joint managing director and chief executive officer of the company. Sagar will be relieved from his duties with effect from 15 June.

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Suzlon Energy Ltd posts December quarter profit

Suzlon Energy Ltd posts December quarter profit

Leading wind turbine manufacturer and solar developer Suzlon Energy Ltd consolidated the turnaround it had shown in its December quarter by posting a profit after tax (PAT) of Rs 543 crore in 2016/17 against a loss of Rs 268 crore in 2015/16. 

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How will the higher tax rate impact the solar power sector?

How will the higher tax rate impact the solar power sector?

A day after the Goods and Services Tax (GST) Council, following its three-day meeting in Srinagar finalised a tax rate of 18 per for solar modules, independent experts gave a mixed bag of reactions to the move.

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Cabinet nod for nuclear reactors bid to make up for lost time?

Cabinet nod for nuclear reactors bid to make up for lost time?

The Modi government's decision to ramp up generation of nuclear power with indigenous reactors takes India back full circle.

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Coal linkage policy to energise power firms’ growth trajectory

Coal linkage policy to energise power firms’ growth trajectory

The Government of India with an aim to reducing dependence on imported coal and auctioning long-term coal linkages to power companies recently approved a long-awaited coal linkage policy, which provided a breather to the thermal power sector. 

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Schneider Electric in talks with DoP for energy efficient technologies at all pharma parks

Schneider Electric in talks with DoP for energy efficient technologies at all pharma parks

In keeping with the Union government's efforts to promote energy self sufficiency and carbon free sources of power, Schneider Electric is in dialogue with the Union government’s Department of Pharmaceuticals (DoP) to ensure that all the pharma park projects in the country that are underway adopt energy efficient technologies to boost smart power management and productivity.

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Chinese boost to India’s solar plans

Chinese boost to India’s solar plans

India is treading a strong renewable energy path post-Paris Agreement as it witnesses a step-up in Chinese investments in solar energy. Additionally, there’s a significant slowdown in Chinese investments in thermal power plants. 

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India should actively get involved in Sri Lankan power sector growth: BMS Batagoda

India should actively get involved in Sri Lankan power sector growth: BMS Batagoda

India should actively participate in Sri Lanka’s growing power sector, both traditional and renewable, a top government official has said. “India has a good opportunity and should actively participate.  

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Vedanta appoints Aman Mehta and Priya Agarwal at key positions on board

Vedanta appoints Aman Mehta and Priya Agarwal at key positions on board

Anil Agarwal-owned Vedanta announced a rejig in its directorate, appointing Aman Mehta as additional director and non-executive independent director and Agarwal’s daughter, Priya Agarwal as additional director and non -executive director with effect from May 17, 2017.

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Yes, India Ranked 26th In Getting Electricity But It’s Not The Same As Power For All

Yes, India Ranked 26th In Getting Electricity But It’s Not The Same As Power For All

India ranked 26th in ‘getting electricity’ to do business and not universal electricity for its population, as widely understood following Power Minister Piyush Goyal’s comments on World Bank’s assessment of the country’s electrification efforts, a BOOM fact check revealed.

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U.S. natural gas end-of-season storage forecasts

U.S. natural gas end-of-season storage forecasts

U.S. natural gas storage was expected to end the April-October injection season at a below-normal 3.7 trillion cubic feet (tcf) at the end of October, according to analysts.

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Indonesia’s Oil and Gas Block Offerings Fail To Excite Investors

Indonesia’s Oil and Gas Block Offerings Fail To Excite Investors

Indonesia offered on Friday 10 conventional and 5 unconventional oil and gas blocks under new, more flexible terms for production sharing deals, but it is still failing to attract much interest from international upstream companies.

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Humsuffer for common man

Humsuffer for common man

Humsafar Express, specially-designed air-conditioned trains with bio-toilets in coaches and other facilities, are no way useful to the middle-class passengers as it was assured.

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What a 150-Year Old Indian Railway System Tells Us About Trade

What a 150-Year Old Indian Railway System Tells Us About Trade

It’s no secret that international trade has been criticized lately. But why exactly are countries generally happy to trade within their borders from one state or town to another, for example  but more reluctant to trade across international ones?  

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Fares of Tejas train 20 per cent more than Shatabdi

Fares of Tejas train 20 per cent more than Shatabdi

Fares of Tejas Express train will be 20 per cent more than that of the Shatabdi Express.

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