​GOOD MORNING INDIA!

November 16, 2018, Friday

LATEST NEWS UPDATES ON ENERGY AND INFRASTRUCTURE FROM ACROSS THE MEDIA SPACE

Why nuclear power still makes sense for India

Why nuclear power still makes sense for India

If one reads Jawaharlal Nehru’s speeches and missives, it is hard not to notice his obsession with atomic energy and what he described as the “atomic age”.

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Hindalco’s debt reduction a tailwind for earnings

Hindalco’s debt reduction a tailwind for earnings

Hindalco Industries Ltd is on a mission to lower debt, using funds from equity-raising and internal accruals to repay borrowings.

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ArcelorMittal, SAIL agree to mediator's proposal to advance Indian venture

ArcelorMittal, SAIL agree to mediator's proposal to advance Indian venture

ArcelorMittal and Steel Authority of India Ltd (SAIL) have agreed to a proposal to export a fifth of the auto-grade steel they aim to make under a planned $913 million joint venture, according to a document obtained by Reuters.

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Actis LLP eyeing profitable exit from renewables firm Ostro Energy

Actis LLP eyeing profitable exit from renewables firm Ostro Energy

Global private equity fund Actis LLP is exploring the sale of Ostro Energy Pvt. Ltd, a successful renewable energy company it owns, at a premium.

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French company Engie likely to invest Rs 6,500 crore in solar energy in India

French company Engie likely to invest Rs 6,500 crore in solar energy in India

Engie, the French power giant with a global installed capacity of 115.3 gigawatts across all forms of energy, expects to invest a minimum of $1 billion (about 6,500 crore) in the solar segment in India over the next five years.

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LED bulbs a must for new buildings in Maharashtra

LED bulbs a must for new buildings in Maharashtra

In a major move to conserve electricity using energy-efficient technology, Maharashtra government has mandated that all upcoming buildings in the state, be it a residential, commercial or industrial, will have to be fitted with energy-saver LED bulbs only.

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India-Russia discussing Kudankulam Nuclear Plant units: Indian Envoy

India-Russia discussing Kudankulam Nuclear Plant units: Indian Envoy

Indian Ambassador to Russia Pankaj Saran on Tuesday said that cooperation in the field of nuclear power is one of the success stories of Russia and India relationship

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Coal Miner Murray Wants Trump to Ignore Ivanka, Cohn on Climate

Coal Miner Murray Wants Trump to Ignore Ivanka, Cohn on Climate

The U.S. coal industry’s most outspoken champion says President Donald Trump needs to stop taking advice from his daughter Ivanka Trump,

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Treated water for two Tamil Nadu thermal power plants

Treated water for two Tamil Nadu thermal power plants

In a bid to ensure regular supply of water to thermal power plants and conserve potable water, two thermal power stations in the State have been identified that will be getting treated water from the sewage treatment plant.

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Solar Photovoltaic Materials Market Driven by Steady Government Encouragement to Development of New Materials

Solar Photovoltaic Materials Market Driven by Steady Government Encouragement to Development of New Materials

The global solar photovoltaic materials market has been driven in recent years by the rising acknowledgement of our current environmental problems.

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GST will result in temporary setback: MS Unnikrishnan, MD & CEO, Thermax

GST will result in temporary setback: MS Unnikrishnan, MD & CEO, Thermax

GST will have a temporary setback but it won't hurt beyond a level, said MS Unnikrishnan, MD & CEO, Thermax to ET Now.

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Iron ore exports begin to revive as govt scales down restrictions

Iron ore exports begin to revive as govt scales down restrictions

The government has scaled down the restrictions on exports and mining has picked up in Goa and Karnataka. China was the principal reason for the galloping rise in India’s exports of iron ore since the beginning of the new millennium, hitting a high of 117.37 million tonnes in 2009-10.

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Coal India to focus on marketing, renames sales and marketing wing

Coal India to focus on marketing, renames sales and marketing wing

State-run miner Coal India has rechristened its sales and marketing wing as 'Marketing and Sales' department in order to give more stress on marketing of the fossil fuel.

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Don't block Chinese electric car firms, India urged

Don't block Chinese electric car firms, India urged

Saying China can help New Delhi electrify all vehicles by 2032, a Chinese journalist on Wednesday said it will be in the Indian people's interests if Chinese firms set up plants in India.

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Oil prices at 3-week low as rising output risks Opec-led output cuts

Oil prices at 3-week low as rising output risks Opec-led output cuts

Oil prices fell to a three-week low on Wednesday with Brent set for its fifth monthly loss despite Opec-led output cuts to reduce a global glut to try shore up prices.

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Government panels to monitor ONGC and Oil India fields

Government panels to monitor ONGC and Oil India fields

The government is going to monitor oilfields of ONGCBSE -0.73 % and Oil IndiaBSE -2.09 % and ordered setting up separate committees led by a bureaucrat for supervision as part of its broader plan to make these firms more accountable and boost output from their ageing fields that contribute 70% of India’s crude output.

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Global Crude oil price of Indian Basket was US$ 50.46 per bbl on 30.05.2017

Global Crude oil price of Indian Basket was US$ 50.46 per bbl on 30.05.2017

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$ 50.46 per barrel (bbl) on 30.05.2017.

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Petrol price hiked by Rs 1.23 a litre, diesel by 89 paise

Petrol price hiked by Rs 1.23 a litre, diesel by 89 paise

State oil companies have raised prices of petrol by Rs 1.23 per litre and of diesel by 89 paise per litre.

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Indian petrochemical company to increase investment in Egypt

Indian petrochemical company to increase investment in Egypt

India's largest investor in Egypt's chemical business is planning to increase its investments in the Middle Eastern country to USD 1.5 billion, the company's top executive has said.

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Government's new policy on Enhanced Oil Recovery contracts can help double India's oil output

Government's new policy on Enhanced Oil Recovery contracts can help double India's oil output

The government will formulate a bold new policy this year to bring private capital and technology to substantially increase crude oil production in major oilfields such as Mumbai High that were given to state-run firms ONGC and Oil India Ltd without an auction or a production sharing contract.

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IOC, partners in talks to buy stake in Russia's Vankor field

IOC, partners in talks to buy stake in Russia's Vankor field

State-owned Indian Oil Corp (IOC) and its partners are in talks to buy 49 per cent stake in Russia's Vankor cluster oilfields to consolidate their presence in the energy-rich Arctic region.

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IIT Kharagpur researchers develop new technology to manufacture biofuel

IIT Kharagpur researchers develop new technology to manufacture biofuel

Researchers at IIT Kharagpur have developed a new technology which will change the way biofuel is manufactured by making the process cheaper, quicker and pollution-free.

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What is Sagar Samrat? New one rupee note to have its picture on it

What is Sagar Samrat? New one rupee note to have its picture on it

With the Reserve Bank of India (RBI) putting into circulation fresh currency notes in one rupee denomination, the notes will have some new features. However, existing currency notes in the denomination will continue to be legal.

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IOC, Oil India, BPCL in talks to buy 49% stake in Russia's Vankor field

IOC, Oil India, BPCL in talks to buy 49% stake in Russia's Vankor field

State-owned Indian Oil Corp (IOC) and its partners are in talks to buy 49 per cent stake in Russia's Vankor cluster oilfields to consolidate their presence in the energy-rich Arctic region.

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Jindal, Essar, Welspun file plea for anti-dumping duty on Chinese SAW pipes

Jindal, Essar, Welspun file plea for anti-dumping duty on Chinese SAW pipes

Jindal SAW, Essar Steel and Welspun Corp have petitioned the Directorate General of Anti-Dumping and Allied Duties (DGAD) to impose anti-dumping duty on imports of submerged arc welded (SAW) pipes from China, after local firms lost a number of tenders to Chinese suppliers.

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New road to link Uttar Pradesh expressway to Ayodhya and Varanasi

New road to link Uttar Pradesh expressway to Ayodhya and Varanasi

The country’s longest proposed expressway will now help you reach both Ayodhya and Varanasi, two key cities of the BJP regime in the Centre and UP.

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PM Modi to lay foundation stone of bullet train project in September

PM Modi to lay foundation stone of bullet train project in September

The long wait for construction of country's first bullet train project will be over by September this year, when actual work on the Mumbai-Ahmedabad corridor will begin.

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Fire underground, Railways scrambles to exit Jharia

Fire underground, Railways scrambles to exit Jharia

IN THE 101st year since the first underground fire was reported in Jharkhand’s Jharia Coalfields, the government is finally moving on a fast track to shift all major public utility assets

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Railways to install video cameras in train engines

Railways to install video cameras in train engines

In a move to control train accidents, the Railways has decided to install video cameras with face-recognition software linked to an alarm system in train engines.

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Indian Railways to pour more money into Rail Neer brand

Indian Railways to pour more money into Rail Neer brand

Indian Railways is working on a plan to increase annual sales of Rail Neer, the national transporter’s packaged drinking water brand, to Rs 600 crore from the present sales of Rs 150 crore in next three years and make it among the top packaged drinking water brands revenue-wise.

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Mumbai: MbPT land won’t go to developers, says Nitin Gadkari

Mumbai: MbPT land won’t go to developers, says Nitin Gadkari

Union minister Nitin Gadkari made it clear that no developer or builder would ever get a parcel of Mumbai Port Trust’s (MbPT) land. He added that he hopes to turn 250-300 acres of MbPT land into a park.

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Government forms panel to set up renewable projects at Kandla

Government forms panel to set up renewable projects at Kandla

The ministry of shipping has constituted a panel to explore setting up of 200 MW solar and wind energy project on the land located at Kandla port, Union minister of shipping, road, highways and transport Nitin Gadkari said on Tuesday.

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Reviving Waterways: Rs 1000-crore freight village in Varanasi gets Yogi Adityanath backing

Reviving Waterways: Rs 1000-crore freight village in Varanasi gets Yogi Adityanath backing

Uttar Pradesh chief minister Yogi Adityanath has promised to help acquire 100 acres of land for the creation of a Rs 1,000-crore multi-modal ‘freight village’ in Prime Minister Narendra Modi’s constituency, Varanasi, to be developed by the Inland Waterways Authority of India (IWAI).

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Rajdhani, Shatabdi Express amenities to get Rs 50 lakh upgrade per train

Rajdhani, Shatabdi Express amenities to get Rs 50 lakh upgrade per train

Faced with increasing complaints over the quality of food and hygiene as well as the condition of toilets and linen in premier trains like the Rajdhani and Shatabdi Express, the Railway Board has chalked out a detailed plan to upgrade the services in these trains, bringing it on par with the Tejas express started recently.

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Train taken for Modi’s rally in 2014: Rs 12 lakh bill, BJP worker gets 6 Railways notices in 3 yrs

Train taken for Modi’s rally in 2014: Rs 12 lakh bill, BJP worker gets 6 Railways notices in 3 yrs

In the last two years, Vinod Samariya, a senior BJP worker from Agra, has received six notices from Indian Railways to settle dues of over Rs 12 lakh pending since 2014.

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Modi urges Spanish firms to invest in India

Modi urges Spanish firms to invest in India

Indian Prime Minister Narendra Modi on Wednesday urged Spanish firms to invest in India, saying the fast-growing country offered "many opportunities" in areas ranging from tourism to energy.

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April core sector growth slows to three-month low of 2.5%

April core sector growth slows to three-month low of 2.5%

The growth of eight core sectors declined to 2.5 per cent in April, mainly due to lower coal, crude oil and cement production.

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