​GOOD MORNING INDIA!

November 21, 2018, Wednesday

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

EDITOR 's PICK

LNG hub: India's plan is to become Asia’s pricing hub that could compete with Singapore, Shanghai

LNG hub: India's plan is to become Asia’s pricing hub that could compete with Singapore, Shanghai

India is working on an ambitious plan to build a natural gas trading hub that could aid better price discovery for domestic as well as imported gas, with the ultimate objective of becoming Asia’s pricing hub that could compete with Singapore, Shanghai or Tokyo.

Read more

Government to soon unveil new shipbuilding policy

Government to soon unveil new shipbuilding policy

The government will soon come out with a new shipbuilding, breaking and repair policy with an aim to double the size of the industry to Rs 20,000 crore by 2022.

Read more

Tata Sons may put Welspun deal under lens due to concerns over corporate governance

Tata Sons may put Welspun deal under lens due to concerns over corporate governance

Tata Sons is considering a forensic audit of last year’s purchase of Welspun Renewables Energy Pvt for Rs 9,249 crore by Tata Power Ltd because of concerns over corporate governance, allegedly inflated valuations and the unusual swiftness in execution, two persons with direct knowledge of the development told ET.

Read more

NTPC eyes 3 million tonnes coal output this fiscal

NTPC eyes 3 million tonnes coal output this fiscal

State-run power giant NTPC has awarded Mine Developer-cum-Operator (MDO) contract for its Dulanga coal mine in Odisha, as part of its plan to produce 3 million tonnes of the dry fuel this fiscal.

Read more

Power Grid bets on turnaround with Rs 91k-cr spending in three years

Power Grid bets on turnaround with Rs 91k-cr spending in three years

Power Grid Corporation of India (PGCIL) is placing a bet on a turnaround of the distribution sector and prospective demand from states.

Read more

Global coal production sees biggest decline in history

Global coal production sees biggest decline in history

Global coal production fell by 6.2% last year. That's the largest annual decline on record. Consumption was down, too, for the second year in a row, falling 1.7%.

Read more

Electricity consumption in India: power demand to rise 7% CAGR in 5 year

Electricity consumption in India: power demand to rise 7% CAGR in 5 year

Electricity consumption (demand) in the country will grow at 7.1% (CAGR) between FY17 and FY22 and then slow to 6% in the subsequent five years, according to the Central Electricity Authority (CEA).

Read more

India's renewable energy capacity crosses 57 GW

India's renewable energy capacity crosses 57 GW

India is staying true to its ambitious renewable energy targets by showing a steady growth in renewable energy installations in India, which as of April 2017 account for 17.5 percent of the total energy source.

Read more

Rising Solar Trade Deficit: Should India Start Worrying?

Rising Solar Trade Deficit: Should India Start Worrying?

It’s elating to see India mark a shining presence in the global map of renewable energy achievement. At the same time, it’s a bit troubling to witness the domestic manufacturers struggling their way to keep up in the game.

Read more

Energy sees some big-ticket filings under new insolvency law

Energy sees some big-ticket filings under new insolvency law

In the first six months after notification of the Insolvency and Bankruptcy Code, a number of big-ticket filings were made from the energy sector at the National Company Law Tribunal (NCLT).

Read more

GE-Baker Hughes oil deal gets CCI approval

GE-Baker Hughes oil deal gets CCI approval

Fair trade regulator CCI has given its nod to the merger of oil and gas businesses of General Electric (GE) and Baker Hughes Incorporated (BHI).

Read more

Bidders raise concerns over NTPC’s Andaman storage-linked solar project

Bidders raise concerns over NTPC’s Andaman storage-linked solar project

NTPC’s storage-linked solar project in the Andaman & Nicobar Islands is facing hiccups at the inception stage itself.

Read more

Discoms delaying payment: Tata Power Renewable Energy CEO Rahul Shah

Discoms delaying payment: Tata Power Renewable Energy CEO Rahul Shah

The government may be pushing for aggressive expansion in renewable energy capacity, but companies face delays in payments, which are sometimes as much as a year,

Read more

IOC, BPCL, HPCL sign agreement to set up India's biggest refinery at Rs 2 lakh crore

IOC, BPCL, HPCL sign agreement to set up India's biggest refinery at Rs 2 lakh crore

Centre-owned oil firms IOC, BPCL and HPCL today signed an agreement to jointly set up India's biggest refinery at Ratnagiri district of Maharashtra at a cost of USD 30 billion or Rs 2 lakh crore.

Read more

IndianOil sets up 24x7 control rooms to attend Dealer’s issues on Daily Price Revision of Petrol and Dies

IndianOil sets up 24x7 control rooms to attend Dealer’s issues on Daily Price Revision of Petrol and Dies

Come June 15, Indian Oil will be setting up 87 control rooms pan India for addressing technical glitches / system issues that may be arising at Dealer’s end.

Read more

Petrol pumps withdraw strike call over daily price revision

Petrol pumps withdraw strike call over daily price revision

Petrol pump owners today called off their proposed strike over daily revision of petrol and diesel prices from Friday after the government agreed to change the timing to 6 am everyday instead of midnight.

Read more

ONGC keen to buy govt stake in refiner HPCL - minister

ONGC keen to buy govt stake in refiner HPCL - minister

India's top explorer Oil and Natural Gas Corp (ONGC) is keen to acquire the government's stake in oil refiner Hindustan Petroleum Corp (HPCL), the country's oil minister said on Wednesday.

Read more

Blame game: ONGC, DGH deny prior knowledge of RIL drawing gas

Blame game: ONGC, DGH deny prior knowledge of RIL drawing gas

ONGC and the Directorate General of Hydrocarbons (DGH), the upstream oil and gas regulator, have told an official probe panel that they had no prior knowledge that the reservoirs of the state-run company and Reliance Industries in KG Basin were connected, three people aware of the development told ET.

Read more

Global Crude oil price of Indian Basket was US$ 47.23* per bbl on 13.06.2017

Global Crude oil price of Indian Basket was US$ 47.23* per bbl on 13.06.2017

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 maintained at the same level at US$ 47.23* per barrel (bbl) on 13.06.2017, as on 12.06.2017.

Read more

Surging shale spawns new financing structure for energy infrastructure

Surging shale spawns new financing structure for energy infrastructure

Strong demand for shale oil-and-gas infrastructure is giving rise to an important new financing vehicle for pipeline, processing and storage ventures that are needed to get more shale fuels to market.

Read more

Indian Oil Corp set to foray into energy storage business

Indian Oil Corp set to foray into energy storage business

Indian Oil Corporation (IOC), the nation’s largest fuel retailer, is planning to foray into energy storage business. The firm is weighing the option of launch of an improved version of lead-acid battery for low cost mobility and industrial applications.

Read more

Small Scale LNG Market to Grow at 2.5% to 2022

Small Scale LNG Market to Grow at 2.5% to 2022

The Global Small Scale LNG Market is expected to grow over the CAGR of around 2.5% during the period 2014 to 2022, says a report by Market Research Future.

Read more

Bangladesh seeks first LNG supply deals via Swiss commodity merchant

Bangladesh seeks first LNG supply deals via Swiss commodity merchant

Bangladesh has picked Swiss commodity merchant AOT Energy to help line up supplies of liquefied natural gas (LNG) on its behalf from mid-2018, showing how new buyers are emerging to soak up a gas glut.

Read more

Oil supply seen outpacing consumption in 2018, demand to top 100 million bpd

Oil supply seen outpacing consumption in 2018, demand to top 100 million bpd

Growth in oil supply next year is expected to outpace an anticipated pick-up in demand that will push global consumption above 100 million barrels per day (bpd) for the first time, the International Energy Agency said on Wednesday.

Read more

Iraq takes Saudi crown to become oil king of key Asian market

Iraq takes Saudi crown to become oil king of key Asian market

As competition among oil producers for major Asian markets intensifies, Iraq has become India’s top crude supplier for a third month in May, surpassing Saudi Arabia.

Read more

Energy market seen as vulnerable to prolonged Gulf crisis

Energy market seen as vulnerable to prolonged Gulf crisis

While the Gulf’s bitter diplomatic crisis is unlikely to affect energy prices in the short term, a prolonged rift that disrupts Qatar’s gas supplies could send prices soaring, analysts say.

Read more

Ashram Express gets fancy new coaches

Ashram Express gets fancy new coaches

The Ahmedabad-Delhi Ashram Express will have its first journey with the new Linke Hofmann Busch (LHB) coaches, and will gain extra speed and more space, said Western Railway officials.

Read more

Rly Protection Force probationers meet Prez

Rly Protection Force probationers meet Prez

A group of probationers of the Railway Protection Force called on President Pranab Mukherjee today at Rashtrapati Bhavan.

Read more

AP allots land for projects worth Rs 17,808 crore

AP allots land for projects worth Rs 17,808 crore

As Andhra Pradesh gears up to shape its new capital Amaravati, it has alloted 996 acres of land to a dozen institutions to set up educational, health and other bodies at a projected cost of Rs 17,808 crore.

Read more

Will continue to invest in infrastructure in India: says Amazon

Will continue to invest in infrastructure in India: says Amazon

Amazon will continue to invest in India in expanding infrastructure and bringing in solutions that enhance consumer and seller experience as the United States based e-commerce major looks to overtake local rival, Flipkart.

Read more

India, South Korea sign $10 billion funding agreement for infra projects

India, South Korea sign $10 billion funding agreement for infra projects

India and South Korea on Wednesday signed agreement for $10 billion assistance for infrastructure development projects in India, including smart cities.

Read more

IIFCL: Sanjeev Kaushik assumes additional charge of CMD

IIFCL: Sanjeev Kaushik assumes additional charge of CMD

Sanjeev Kaushik, who is presently Deputy Managing Director of IIFCL, has been entrusted with the additional charge of the post of Chairman & Managing Director of this institution with effect from June 12.

Read more

'NCLT, insolvency infra won't suffice to handle RBI's move to curb NPAs'

'NCLT, insolvency infra won't suffice to handle RBI's move to curb NPAs'

The Reserve Bank of India's (RBI's) decision to ask banks to file for insolvency in the case of 12 major non-performing assets (NPAs) has put a question mark over the capacity of the National Company Law Tribunal (NCLT).

Read more

Prabhu inspects new coaches of Humsafar Express

Prabhu inspects new coaches of Humsafar Express

Railway Minister Suresh Prabhu on Wednesday inspected the new coaches of Humsafar Express that boast of additional features and said the railways wanted to further improve the compartments for better passenger experience.

Read more

Railways introduce upgraded Humsafar coaches

Railways introduce upgraded Humsafar coaches

Aiming to enhance the train travel experience, the Railways are launching new Humsafar coaches equipped with facilities like GPS-based passenger information system, and fire and smoke detectors.

Read more

NITI Aayog proposes 26% strategic sale in Shipping Corporation of India

NITI Aayog proposes 26% strategic sale in Shipping Corporation of India

NITI Aayog has proposed strategic sale of about 26 per cent stake in Shipping Corporation of India, which could fetch about Rs 960 crore to the exchequer.

Read more

Warm Regards,

Team EnergyInfraPost.com
Twitter:@energyinfrapos1
www.energyinfrapost.com
Contact Us: energyinfrapost@gmail.com
And anupama.airy@gmail.com
(Or Call Us At 9810661825)

2016 EnergyInfraPost.com | Contact Us 
B 306, First Floor, Saraswati Vihar, Pitampura, New Delhi