​GOOD MORNING INDIA!

November 16, 2018, Friday

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

Steel, infra companies in RBI’s big-debtor list

Steel, infra companies in RBI’s big-debtor list

Big companies in the steel and infrastructure sectors dominate the list of 12 large accounts identified by an RBI panel for resolution under the Insolvency and Bankruptcy Code, 2016 (IBC).

Read more

Wind, Solar Power could overpower political winds: Deloitte study

Wind, Solar Power could overpower political winds: Deloitte study

The demand for clean energy has passed the point of no return in the United States. It is not only political anymore. It is an economic issue.

 

Read more

Gujarat power utility GUVNL invites bids to procure 1,000 MW renewable energy

Gujarat power utility GUVNL invites bids to procure 1,000 MW renewable energy

The state-run power utility, Gujarat Urja Vikas Nigam Ltd (GUVNL), has decided to buy 1,000MW of renewable power through competitive bidding, which will be followed by an e-auction for the lowest price. The company floated two separate tenders for procuring 500MW each from solar and wind power Read more

Read more

Jharkhand Mines

BHP names Ken MacKenzie as new chairman

Mining giant BHP on Friday named successful packaging executive Ken MacKenzie as its next chairman, handing him the job of tackling calls to dump its oil business and overhaul the board.

Read more

JSPL may diversify into ammonia, urea production: CEO Ravi Uppal

JSPL may diversify into ammonia, urea production: CEO Ravi Uppal

Naveen Jindal-led Jindal Steel and Power Ltd (JSPL) may wade into ammonia and urea production as it is keen to use the spare gas from its coal gasification plant, a top company official said.

Read more

Government to discuss pension fund merger with coal unions; coal secretary to meet union leaders

Government to discuss pension fund merger with coal unions; coal secretary to meet union leaders

In an effort to dissuade 5 lakh coal worker from observing a three-day strike from June 19, the coal secretary has called a meeting with four of the five central trade unions of Coal India and Singareni Colliery, this week, leaving out INTUC from the meeting.

Read more

RIL shares slip after co agrees to invest Rs 40K cr with BP in new projects

RIL shares slip after co agrees to invest Rs 40K cr with BP in new projects

Shares of Reliance Industries were trading marginally lower after the company and its partner, BP plc of UK, on Thursday announced a Rs 40,000 crore investment to restart gas field development work in their flagging KG-D6 block after a hiatus of eight years.

Read more

BP CEO Bob Dudley Shows No Signs of Slowing Down

BP CEO Bob Dudley Shows No Signs of Slowing Down

CEO Bob Dudley, who is 61, has informed the company that it is in his family's tradition not to retire until the age of 65, which will take him through at least 2020, Reuters reported Thursday.

Read more

Rolls-Royce to triple R&D staff in India, invest in startups

Rolls-Royce to triple R&D staff in India, invest in startups

High-end engine maker Rolls-Royce plans to triple its workforce at its research and development centre in India by the year-end and invest in startups working in areas like artificial intelligence and data analytics.

Read more

project

Fitch gives NTPC 'BBB-' rating with a stable outlook

Fitch Ratings today said it has affirmed state-run power producer NTPC's long-term foreign and local-currency issuer default ratings at 'BBB-'.

Read more

India’s Solar Power Tariffs May Fall After US’ Paris Accord Exit

India’s Solar Power Tariffs May Fall After US’ Paris Accord Exit

India’s solar power tariffs may decline further as a result of US’s recent withdrawal from the Paris climate deal done by President Donald Trump.

Read more

Bhushan, Essar Steel among 12 firms being moved to insolvency courts - sources leftright 2/2leftright

Bhushan, Essar Steel among 12 firms being moved to insolvency courts - sources leftright 2/2leftright

The Reserve Bank of India (RBI) has asked lenders to initiate bankruptcy proceedings against a dozen companies, including Essar Steel, Bhushan Steel Ltd, Monnet Ispat and Energy Ltd, sources with direct knowledge of the matter said.

Read more

Nippon Steel gives up coking coal pricing role as influence wanes

Nippon Steel gives up coking coal pricing role as influence wanes

Nippon Steel & Sumitomo Metal, Japan's top steelmaker, has given up its decades-old role in setting global coking coal prices because the rise of Chinese and Indian rivals has weakened its influence over the market, an executive said.

Read more

50 Gigawatts

Awareness programme on renewable energy in Manipur

Partnering with the Manipur Renewable Development Agency (MANIREDA), Tangkhul Naga Long (TNL) and Tribal Youth Development Foundation (TYDF) organized an awareness programme on 'scope and usage of renewable energy in Manipur' in Manipur's Ukhrul district recently.

 

Read more

India To Focus On Domestic Steel Consumption: Minister

India To Focus On Domestic Steel Consumption: Minister

With India targeting a 300 million tonnes a year steel production capacity by 2030-31, Union Steel Minister Chaudhary Birender Singh on Friday said the focus would be on domestic consumption and making the sector globally competitive.

Read more

Trump's coal plan sends U.S. energy "back to the past"-Vatican

Trump's coal plan sends U.S. energy "back to the past"-Vatican

U.S. President Donald Trump is sending U.S. energy production "back to the past" with disastrous decisions to withdraw from the Paris climate agreement and to promote the coal industry, a senior Vatican official said on Friday.

Read more

Sweden seeks to enhance energy cooperation with Morocco

Sweden seeks to enhance energy cooperation with Morocco

Swedish State Secretary to the Minister for EU Affairs and Trade Oscar Stenström held a meeting with a key Moroccan official for boosting energy cooperation between the countries.

Read more

Chinese plant to provide solar energy to seven lakh households in

Chinese plant to provide solar energy to seven lakh households in

One of the biggest solar power plants developed by SB Energy with a capacity to provide clean electricity for over 700,000 Indian households, has become operational in Andhra Pradesh within three months of commissioning.

Read more

PESB finds no candidate suitable for Coal India Chairman’s post

PESB finds no candidate suitable for Coal India Chairman’s post

The Public Enterprises Selection Board (PESB), which was entrusted with the task of finding a candidate for the chairman’s post at Coal India Ltd (CIL), has not been able to find any candidate suitable for the post.

Read more

Why India’s clean city rankings need a serious rethink!

Why India’s clean city rankings need a serious rethink!

In late May 2017, a big shout out for waste segregation came from none other than the Indian Prime Minister when he announced the introduction of new litter bins for segregated waste in 4000 cities and towns on his monthly radio show, Mann ki Baat

Read more

Chinese plant to provide solar energy to seven lakh households in

Chinese plant to provide solar energy to seven lakh households in

One of the biggest solar power plants developed by SB Energy with a capacity to provide clean electricity for over 700,000 Indian households, has become operational in Andhra Pradesh within three months of commissioning.

Read more

Solar power will kill coal faster than you think

Solar power will kill coal faster than you think

Solar power, once so costly it only made economic sense in spaceships, is becoming cheap enough that it will push coal and even natural-gas plants out of business faster than previously forecast.

Read more

South Korea retires oldest nuclear reactor on its 40th birthday

South Korea retires oldest nuclear reactor on its 40th birthday

South Korea's oldest nuclear reactor, the 40-year-old Kori No. 1, will halt operations at midnight on Sunday, becoming the country's first nuclear plant to close permanently amid plans for a shift towards natural gas and renewables.

Read more

Wind and solar to ‘dominate’ future of electricity by 2040

Wind and solar to ‘dominate’ future of electricity by 2040

Renewable energy is indeed the future, according to Bloomberg New Energy Finance’s latest report, which forecasts technologies such as wind and solar to “dominate” the future of electricity by 2040, making up 48% of the world’s installed capacity and 34% of electricity generation.

Read more

UAE most innovative Arab nation

UAE most innovative Arab nation

The UAE has shown remarkable improvement in its innovation standing by rising six places on the Global Innovation Index 2017, which was launched by a UN agency in Geneva.

Read more

Solar is India's future: BNEF Report

Solar is India's future: BNEF Report

China and India are staring at a USD 4 trillion opportunity to cater the energy market, accounting for 28% and 15% of the total investment in power generation by 2040, said a Bloomberg New Energy Finance (BNEF) report.

Read more

RBI tells banks to file cases against 12 big loan defaulters in a month

RBI tells banks to file cases against 12 big loan defaulters in a month

The Reserve Bank of India (RBI) has sent to commercial banks the list of 12 defaulters against whom it wants creditors to invoke immediate bankruptcy proceedings, said five bankers aware of the development.

Read more

Cheap renewable energy will transform power sector: report

Cheap renewable energy will transform power sector: report

Among the shifts will be a dramatic fall in the cost of renewable energy, with solar already as cheap as coal in advanced economies such as Germany.

Read more

India's 2017 diesel imports may rise to highest in six years

India's 2017 diesel imports may rise to highest in six years

India's diesel imports this year may rise to the highest since at least 2011 as refiners shut down to upgrade their units to meet new fuel standards and as warmer temperatures spur demand, said five industry sources.

Read more

Petrol price cut by Rs 1.12 a litre, diesel by Rs 1.24/litre

Petrol price cut by Rs 1.12 a litre, diesel by Rs 1.24/litre

Petrol price was today cut by Rs 1.12 per litre and diesel by Rs 1.24 per litre, the last of the fortnightly revisions after which daily correction in rates in step with cost will be implemented.

Read more

Chief Minister

IndianOil successfully rolls out daily revision of Petrol and Diesel Prices across the country

The country’s largest fuel retailer has successfully rolled out daily price revision of Petrol and Diesel across the country through its network of 26,000-plus petrol pumps from 06.00 AM this morning.

Read more

RIL-BP plans to hike domestic gas production good for consumers, India: Petronet LNG

RIL-BP plans to hike domestic gas production good for consumers, India: Petronet LNG

Reliance Industries and BP have announced a partnership to increase gas output form KG-D6 with an investment of Rs 40,000 crore. The question is what this means to gas importer and regasifier Petronet LNG.

Read more

BP wants to be in India, as India emerges as a major market for petroleum products: Narendra Taneja, Energy Expert

BP wants to be in India, as India emerges as a major market for petroleum products: Narendra Taneja, Energy Expert

BP’s first experience with Reliance Industries was not a very promising one, in fact the first experience was so bad that BP was forced to write down their investment in KG D6 basin, yet BP has come back and they have committed to a lot of capital to this joint venture.

Read more

Reliance Industries

BP, Reliance to invest in Indian gas block, cooperate downstream

BP and Reliance Industries said on Thursday they would invest $6 billion to boost India's gas output from an east coast block and expanded their tie-up to feed the South Asian nation's rising fuel and renewable energy demand.

Read more

Global Crude oil price of Indian Basket was US$ 45.60 per bbl on 15.06.2017

Global Crude oil price of Indian Basket was US$ 45.60 per bbl on 15.06.2017

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$ 45.60 per barrel (bbl) on 15.06.2017. This was lower than the price of US$ 46.48 per bbl on previous publishing day of 14.06.2017.

Read more

petronet

Qatar Diplomatic Isolation Neutral For LNG Volumes In India

The recent diplomatic events involving Qatar are unlikely to have a near-term impact on the Liquefied Natural Gas (LNG) volumes imported into India by Petronet LNG Limited (PLL; ‘IND AA+’/Positive), says India Ratings and Research (India Ratings) as LNG vessels continue to sail for India from Ras Laffan Gas Terminal (Ras-Gas).

Read more

Saudi Aramco pursues stake in Indian oil refinery

Saudi Aramco pursues stake in Indian oil refinery

Saudi Aramco’s interest in the refinery was revealed by Dharmendra Pradhan, India’s minister of petroleum and natural gas, on 14 June 2017.

Read more

IOCL, BPCL and HPCL ink JV pact for $40 bn West Coast Refinery project

IOCL, BPCL and HPCL ink JV pact for $40 bn West Coast Refinery project

India's emergence as a global refining hub received a big boost with the three downstream PSU oil majors, Indian Oil Corporation Ltd (IOCL), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (BPCL),

Read more

India's 2017 diesel imports may rise to highest in six years

India's 2017 diesel imports may rise to highest in six years

India's diesel imports this year may rise to the highest since at least 2011 as refiners shut down to upgrade their units to meet new fuel standards and as warmer temperatures spur demand, said five industry sources.

Read more

RBI tells banks to file cases against 12 big loan defaulters in a month

RBI tells banks to file cases against 12 big loan defaulters in a month

The Reserve Bank of India (RBI) has sent to commercial banks the list of 12 defaulters against whom it wants creditors to invoke immediate bankruptcy proceedings, said five bankers aware of the development.

Read more

Petrol Pump Dealers Seek More Time For Daily Price Revision

Petrol Pump Dealers Seek More Time For Daily Price Revision

An association of petrol pump dealers has asked state oil companies to defer their plan to daily revise prices of petrol and diesel from June 16 as the filling stations are not prepared for it.

Read more

BP pushes ahead with offshore India gas plan

BP pushes ahead with offshore India gas plan

BP PLC said Thursday it is pushing ahead with long-delayed efforts to develop natural gas offshore India in a $6 billion investment with India's Reliance Industries Limited.

Read more

Top 5 ways to track real-time petrol and diesel prices in India

Top 5 ways to track real-time petrol and diesel prices in India

After facing temporary resistance from fuel dealers, the Indian government formally launched a new system that allows oil companies to revise the petrol and diesel prices daily in India from June 16.

Read more

IOCL, BPCL and HPCL ink JV pact for $40 bn West Coast Refinery project

IOCL, BPCL and HPCL ink JV pact for $40 bn West Coast Refinery project

India's emergence as a global refining hub received a big boost with the three downstream PSU oil majors, Indian Oil Corporation Ltd (IOCL), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (BPCL),

Read more

India's 2017 diesel imports may rise to highest in six years

India's 2017 diesel imports may rise to highest in six years

India's diesel imports this year may rise to the highest since at least 2011 as refiners shut down to upgrade their units to meet new fuel standards and as warmer temperatures spur demand, said five industry sources.

Read more

India Has To Lead Entire World: Environment Minister Harsh Vardhan

India Has To Lead Entire World: Environment Minister Harsh Vardhan

On June 15th, Environment Minister Dr Harsh Vardhan exhorted the public to undertake environmentally-friendly activities every day and send details about it to the Ministry so that it can be publicised.

Read more

Japan and China tussle over Asian ports

Japan and China tussle over Asian ports

Japan and China are snapping up rights in key Asian ports as they vie for control over a shipping route that is crucial to both their nations’ interests.

 

Read more

India ranked top exporter of ICT services: UN report

India ranked top exporter of ICT services: UN report

India has been ranked the top exporter of information and communication technology services in a new UN report which highlighted the rise of the country as an emerging innovation center in Asia.

Read more

Delhi's Connaught Place most expensive office market in India, 9th globally: Report

Delhi's Connaught Place most expensive office market in India, 9th globally: Report

Connaught Place in the national capital is the most expensive prime office market in India and the ninth most expensive prime office market in the world, with an occupancy cost of $153.89 per square feet, according to property consultancy CBRE.

Read more

French firm to initiate 2 major projects in Chandigarh from June 25

French firm to initiate 2 major projects in Chandigarh from June 25

A year after the Union urban development ministry shortlisted Chandigarh for the smart city project, a French company, which has been finalised as project management consultant, will initiate work of four major projects in Chandigarh from June 25.

Read more

Gulf crisis a ‘blessing in disguise’ for Qatar seaport

Gulf crisis a ‘blessing in disguise’ for Qatar seaport

Qatar’s main seaport shows all the signs of having weathered the storm. Workers in hard hats monitor as giant yellow cranes lift hundreds of containers off cargo ships onto lorries waiting ashore.

Read more

India Needs Professional President

India Needs Professional President

Pushing all ifs and buts, finally Hasmukh Adhia has announced that the GST will be rolled out from July 1, 2017 in India.

 

 

 

Read more

UP government clears Rs 9.5 cr custom duty for Gomti riverfront’s musical fountain

UP government clears Rs 9.5 cr custom duty for Gomti riverfront’s musical fountain

The musical fountain at Lucknow’s Gomti riverfront will get functional soon as the state government is expected to deposit Rs 9.5 crore custom duty to get the Rs 100 crore water-show equipment released from Indian Railways on Friday.

Read more

IWT: Stopping water to Pak no solution; need to utilise existing share, says Jitendra

IWT: Stopping water to Pak no solution; need to utilise existing share, says Jitendra

Amidst demands from some quarters to abrogate the Indus Water Treaty with Pakistan in the wake of escalating tension, Union Minister of State in the PMO Dr Jitendra Singh today disapproved the option, saying the more important issue was how to utilise the water which India was entitled to under the treaty.

Read more

Why India’s clean city rankings need a serious rethink!

Why India’s clean city rankings need a serious rethink!

In late May 2017, a big shout out for waste segregation came from none other than the Indian Prime Minister when he announced the introduction of new litter bins for segregated waste in 4000 cities and towns on his monthly radio show, Mann ki Baat

Read more

Bhushan, Essar Steel among 12 firms being moved to insolvency courts - sources

Bhushan, Essar Steel among 12 firms being moved to insolvency courts - sources

The Reserve Bank of India (RBI) has asked lenders to initiate bankruptcy proceedings against a dozen companies, including Essar Steel, Bhushan Steel Ltd, Monnet Ispat and Energy Ltd, sources with direct knowledge of the matter said.

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