​GOOD MORNING INDIA!

November 14, 2018, Wednesday

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

Cabinet approves IREDA IPO

Cabinet approves IREDA IPO

The Cabinet on Wednesday approved an IPO by the Indian Renewable Energy Development Agency.

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Solar

Roadmap has been laid down to resolve stressed assets in power sector: Piyush Goyal

Power Minister Piyush Goyal on Wednesday chaired a marathon meeting of PSU chiefs to take stock of the stressed assets in the power sector.

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Science minister Harsh Vardhan highlights India’s role in clean energy transformation

Science minister Harsh Vardhan highlights India’s role in clean energy transformation

This week at the Clean Energy Ministerial, a series of high-level meetings being held in Beijing that brings together countries that are investing significantly in research and development for the clean energy transition

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A big turnaround in India’s power sector

A big turnaround in India’s power sector

India’s power sector that was marred by continuous shortages and lack of quality and steady supplies to homes and factories has seen an unprecedented turnaround in the past three years.

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Questions for NTPC and Coal India

Questions for NTPC and Coal India

Two news items in the past one month have caused some jubilation in India’s power sector. One is about Coal India’s plan to list itself on the London Stock Exchange and the other is about NTPC’s launch of masala bonds to raise rupee-denominated loans worthRs 2,000 crore, which however would have to be settled in dollar.

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KERC expediting solar projects as demand surges in Karnataka

KERC expediting solar projects as demand surges in Karnataka

Taking cue from Prime Minster Narendra Modi's ardent appeal in Paris Climate Conference in 2015 to make India a solar-powered nation

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Equis to invest $1 billion to double India renewables portfolio

'Renewables least cost option in India, Denmark, Egypt'

Renewables are becoming the least cost option in India, Denmark, Egypt, Mexico, Peru and the United Arab Emirates, a global multi-stakeholder renewable energy policy network said on Wednesday.

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China leading the way in solar energy expansion as renewables surge

China leading the way in solar energy expansion as renewables surge

The development of renewable energy is setting new records, with solar power now becoming cheaper than energy from new coal or nuclear plants. China and other players in Asia are making serious inroads into the market.

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A look at how Trump's climate moves affect the coal industry

A look at how Trump's climate moves affect the coal industry

President Donald Trump says withdrawing from a global climate change agreement will boost the U.S. economy, but existing market forces have had far more of an effect on the fossil fuel industries than climate regulations.

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Japan workers exposed to dangerous radiation in lab

Japan workers exposed to dangerous radiation in lab

Japan's nuclear energy agency said Wednesday that five employees have been exposed to dangerously high levels of radiation after a bag containing plutonium broke apart during a routine inspection.

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With 161 gigawatts of capacity added, 2016 was a record breaking year for renewables, study says

With 161 gigawatts of capacity added, 2016 was a record breaking year for renewables, study says

Last year saw 161 gigawatts (GW) of renewable power capacity installed, a new report from the Renewable Energy Policy Network for the 21st Century (REN21) says.

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'Circular economy' fits into India's renewable energy plans: Finland Minister

'Circular economy' fits into India's renewable energy plans: Finland Minister

India has the potential to lead emerging economies when it comes to renewable energy and sustainable development, Finland’s environment minister Kimmo Tiilikainen told ET.

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Here comes the sun: investors increasingly hot on solar projects in Southeast Asia

Here comes the sun: investors increasingly hot on solar projects in Southeast Asia

Investors are increasingly excited about the prospects for much faster growth in the solar power industry in Southeast Asia, which has until now been a backwater for renewable energy.

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'Spectacular' drop in renewable energy costs leads to record global boost

'Spectacular' drop in renewable energy costs leads to record global boost

The greater “bang-for-buck” resulted from plummeting prices for solar and wind power and led to new power deals in countries including Denmark, Egypt, India, Mexico and the United Arab Emirates all being priced well below fossil fuel or nuclear options.

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Global Crude oil price of Indian Basket was US$ 48.03 per bbl on 06.06.2017

Global Crude oil price of Indian Basket was US$ 48.03 per bbl on 06.06.2017

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$ 48.03 per barrel (bbl) on 06.06.2017.

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Oil settles at $45.72, down 5.1% at 5-week low, after big US stockpile rise

Oil settles at $45.72, down 5.1% at 5-week low, after big US stockpile rise

Oil prices slid nearly 5 percent on Wednesday after the U.S. government reported an unexpected increase in crude inventories, fanning fears that output cuts by major world oil producers have not drained a global glut very much.

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Petrol price to change everyday all over India from June 16

Petrol price to change everyday all over India from June 16

India’s state-run oil marketing companies will revise petrol price on a daily basis all across the country beginning June 16, ET Now reported on Wednesday citing unidentified sources from the Ministry of Petroleum and Natural Gas.

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The World’s Third Largest Oil Consumer Aims To Drastically Reduce Imports

The World’s Third Largest Oil Consumer Aims To Drastically Reduce Imports

India, the world’s third largest oil consumer, imports about 82 percent of its crude oil requirements, and meets just 18 percent of its demand through local sources.

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Iran snubs India, awards Farzad-B gas field to Gazprom

Iran snubs India, awards Farzad-B gas field to Gazprom

In an apparent retaliation to India's decision to cut crude imports from Iran, Tehran has signed a basic agreement with Russia's state-owned energy giant Gazprom for development of the Farzad-B gas field, discovered by a consortium of Indian companies.

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Assam' oil refinery soon to process Biofuel from Bamboo

Assam' oil refinery soon to process Biofuel from Bamboo

A biofuel refinery, the first of its kind in India, set up at the Numaligarh Refinery (NRL) in Assam, will soon process biofuel from bamboo, abundantly found in Arunachal Pradesh, Petroleum and Natural Gas Minister Dharmendra Pradhan said recently.

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Government keen to support indigenous, affordable e-mobility solutions for intra-city transportation

Government keen to support indigenous, affordable e-mobility solutions for intra-city transportation

The Government of India is promoting e-mobility by working towards adopting indigenous and affordable e-mobility solutions which are sustained by an economic model.

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Ministries to decide on FDI proposals within 60 days: FinMin

Ministries to decide on FDI proposals within 60 days: FinMin

The government today said post the abolition of the FIPB, ministries will have to decide on FDI proposals within 60 days of the application and any rejection will need concurrence of the DIPP.

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Trust

Cabinet gives ex post-facto nod to India-Cyprus pact on merchant shipping

The Union Cabinet on Wednesday gave ex-post facto approval to the agreement between India and Cyprus on merchant shipping, which was signed in April 2017.

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Cabinet approves MoU with S. Korea for $9 bn export credit

Cabinet approves MoU with S. Korea for $9 bn export credit

The Cabinet on Wednesday approved the proposed Memorandum of Understanding (MoU) between Export-Import Bank of India (EXIM Bank) and Export-Import Bank of South Korea (KEXIM) for export credit of $9 billion for infrastructural development in India

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Railways planning makeover of premium trains under Swarn scheme, Rs 50 lakh allocated for each train

Railways planning makeover of premium trains under Swarn scheme, Rs 50 lakh allocated for each train

The Indian Railways is now looking to give a touch of luxury to its premium trains under the brand new Swarn (gold) scheme.

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DFC gets new MD: Move likely to help in achieving 2019 target

DFC gets new MD: Move likely to help in achieving 2019 target

Delayed for years, the Dedicated Freight Corridor (DFC), the largest rail infrastructure project in India, just got a new managing director as it struggles to complete the job by 2019.

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Adventz Group’s Simon India bags EPC contract at Mundra for Rs 370 crores

Adventz Group’s Simon India bags EPC contract at Mundra for Rs 370 crores

Simon India Limited SIL an Adventz Group Company and a wholly owned subsidiary of Zuari Global Limited on Tuesday (6 June) have bagged a contract of Rs. 370 crores from Mundra LPG Terminal Pvt Ltd of the Adani Ports & SEZ Limited.

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Indian Railways to offer 20 stations to Malaysia for redevelopment

Indian Railways to offer 20 stations to Malaysia for redevelopment

The Indian Railways is firming up plans to join hands with Malaysia to redevelop about 20 stations in Tier-II cities across the country.

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Madhya Pradesh farmers' protest affects trains to Rajasthan

Madhya Pradesh farmers' protest affects trains to Rajasthan

The agitation by farmers in Madhya Pradesh's Mandsaur district has affected trains coming to Rajasthan from that state, with many cancelled or diverted, an official said.

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Cabinet okays transfer of IISWC land in Gujarat to NHAI

Cabinet okays transfer of IISWC land in Gujarat to NHAI

Indian Institute of Soil and Water Conservation will transfer 4.64 hectares of land in Gujarat to NHAI for extension and six-laning of the Ahmedabad-Vadodara highway.

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A project a day: How Gadkari plans to show off before 2019 polls

A project a day: How Gadkari plans to show off before 2019 polls

With less than two years to go for the 2019 Lok Sabha elections, the Nitin Gadkari-headed ministries of highways and shipping have come up with "a project a day" plan in the build-up.

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Housing for all by 2022 - The clock is ticking

Housing for all by 2022 - The clock is ticking

Affordable housing is not just about providing homes to the lower-income strata of society, though that is what the Modi government's avowed intention behind the 'Housing for All by 2022' doubtlessly is.

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