​GOOD EVENING INDIA!

November 20, 2018, Tuesday

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

Government will not merge coal workers' provident fund with EPFO

Government will not merge coal workers' provident fund with EPFO

The Union coal secretary has clarified to the unions that there are no proposals of merging the coal workers provident fund with the Employees Provident Fund and hence the possibility of a merger does not arise.

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Power Finance Corp to launch maiden bonds allowing capital gain tax exemption

Power Finance Corp to launch maiden bonds allowing capital gain tax exemption

Power Finance Corporation Ltd (PFC), the state-owned power sector lender, today announced it has been allowed by the government to raise bonds eligible for capital gain tax exemption under section 54EC of the Income Tax Act.

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Raw material security, R&D thrust areas for steel industry: Steel Minister

Raw material security, R&D thrust areas for steel industry: Steel Minister

Chairing the second meeting of the recently constituted National Steel Consumers’ Council in Bhubaneswar yesterday, Minister of Steel, Chaudhary Birender Singh stated that raw material security, import substitution, enhancing steel consumption and focus on R&D were some of the thrust areas for Indian steel industry.

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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.

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Domestic consumption focus of steel policy: Minister

Domestic consumption focus of steel policy: 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.

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Andhra Pradesh now seeks its share of Singareni Collieries assets

Andhra Pradesh now seeks its share of Singareni Collieries assets

In a move that could further complicate asset division between the two Telugu-speaking states, Andhra Pradesh has staked a claim to the country's second largest state-owned coal firm, Singareni Collieries, now being controlled by Telangana.

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GVK’s 65,000 cr Oz coal dream in doldrums

GVK’s 65,000 cr Oz coal dream in doldrums

Gunupati Venkata Krishna Reddy's dream of making it big on the global coal mining landscape seems to be in doldrums now.

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Renewable power to GUVNL’s rescue

Renewable power to GUVNL’s rescue

Renewable energy generation, which has crossed 3,400 MW, has come as a big relief for state-run power utility Gujarat Urja Vikas Nigam Limited (GUVNL), which has been forced to buy costly gas-based power in the wake of lower supplies by top private power producers.

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Rise in electricity demand to revive stressed power companies: Experts

Rise in electricity demand to revive stressed power companies: Experts

The government expects the demand for electricity to pick-up in the next couple of years, which experts believe is critical to revive the power sector saddled with stressed assets.

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Chennai flood case presented at workshop on Climate Change in Asia

Chennai flood case presented at workshop on Climate Change in Asia

Growing recognition and interest on climate change as a political and ethical issue has become a scope of discussion in the recent past.

 

 

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QOS Energy to Open Office in India

QOS Energy to Open Office in India

QOS Energy, a French software vendor in energy information systems, is setting up a new office in India to meet growing demand of its customer base and exploit the opportunities offered by the booming Indian market.

 

 

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Two factors that made Reliance Industries, BP go in for huge investment in KG Basin

Two factors that made Reliance Industries, BP go in for huge investment in KG Basin

Reliance Industries and BP Plc’s $6-billion investment announcement on Thursday was prompted by the rare opportunity to develop their gas fields at rock-bottom costs and sell the output at market rates.

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Indian refiners commit to 1.2mn b/d downstream project

Indian refiners commit to 1.2mn b/d downstream project

Indian state-controlled refiners have formally committed to building a huge refinery and petrochemical complex on the country’s west coast, despite continuing doubts over how the project fits into the government’s long-term energy strategy.

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Portable Gas Chromatograph Market 2017 Industry Demand, Segment, Statistics Report 2025

Portable Gas Chromatograph Market 2017 Industry Demand, Segment, Statistics Report 2025

This report, prepared with the help of extensive primary and secondary research, provides detailed insight into current market scenario, key manufacturing processes, emerging development trends, and competitive dynamics impacting the growth of the market in various regions.

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Exxon Mobil, partners set $4.4 billion for mega oil project in Guyana

Exxon Mobil, partners set $4.4 billion for mega oil project in Guyana

Exxon Mobil Corp said on Friday it and partners would spend $4.4 billion to develop part of the Liza oilfield off the coast of Guyana, approving a megaproject at a time when the oil industry has grown obsessed with lower-cost shale.

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Daily fuel price change begins: Here is how you can track these changes

Daily fuel price change begins: Here is how you can track these changes

Starting today, you will be paying different prices for petrol and diesel, similar to what happens in many advanced markets.

 

 

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Crude oil pricing can be confusing

Crude oil pricing can be confusing

The factors contributing to the price of crude oil have confused many seasoned observers for years.

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GLOBAL LNG-August prices weaken on poor Asian demand for gas

GLOBAL LNG-August prices weaken on poor Asian demand for gas

Asian spot LNG prices eased slightly this week as many traditional buyers remained on the sidelines and traders instead turned their focus to tenders in India.

 

 

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Narendra Modi in Kerala LIVE: PM flags off Kochi Metro, to launch National Reading Day celebrations

Narendra Modi in Kerala LIVE: PM flags off Kochi Metro, to launch National Reading Day celebrations

Prime Minister Narendra Modi flagged off the maiden run of the Kochi Metro on Saturday, and took a ride on one of the trains.

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Modi Inaugurates Kochi Metro, Joined by CM and 'Metro Man' on Maiden Ride

Modi Inaugurates Kochi Metro, Joined by CM and 'Metro Man' on Maiden Ride

Prime Minister Narendra Modi on Saturday flagged off the Kochi Metro, Kerala’s first Metro rail, and took an inaugural ride onboard the train with dignitaries, including Chief Minister Pinarayi Vijayan and ‘Metro Man’ E Sreedharan.

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Indian Railways to run special tourist train to Gandhi circuit

Indian Railways to run special tourist train to Gandhi circuit

The train will be operated by its PSU IRCTC. Minister of Railways Suresh Prabhakar Prabhu will flag off this train through video conferencing from Bandra.

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Ready to take a ride on Kochi Metro? Dos and don'ts to keep in mind

Ready to take a ride on Kochi Metro? Dos and don'ts to keep in mind

It's a dream come true for Kochites as the Metro begins its inaugural journey on Saturday morning. Prime Minister Narendra Modi sets the ball rolling when he makes his journey on the Metro.

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Rail Bazaar at major stations on the horizon

Rail Bazaar at major stations on the horizon

Railway stations in the city may soon have a ‘Rail Bazaar’, which would help solve the issue of encroachment on footpaths and facilitate the ease of buying daily household needs for railway commuters.

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Wheels of time – a first-hand account of the Kochi Metro

Wheels of time – a first-hand account of the Kochi Metro

It has been more than ten years since I first set my eyes on Kochi. A young exchange student with Pune University, I recall quickly noting the effortless social interactions between people on the streets.

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From solar panels to vertical garden: Kochi Metro's five 'firsts' that make it unique

From solar panels to vertical garden: Kochi Metro's five 'firsts' that make it unique

The Kochi Metro is all set to be formally inaugurated by Prime Minister Narendra Modi. The PM will also take a rise on the Mass Urban Rapid Transport System (MRTS) along with other dignitaries including India's Metroman E Sreedharan.

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Gujarat CM Rupani flags off special train on centenary celebration of Sabarmati Ashram

Gujarat CM Rupani flags off special train on centenary celebration of Sabarmati Ashram

Gujarat Chief Minister Vijay Rupani on Saturday flagged off Gandhi Darshan Astha Special Train from Sabarmati Railway station on the completion of 100 year of Sabarmti Ashram.

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India: NITI Aayog to set up 1,000 labs in schools under Atal Innovation Mission

India: NITI Aayog to set up 1,000 labs in schools under Atal Innovation Mission

The founders of three start-ups have expressed interest in mentoring students under the Atal Innovation Mission (AIM), NITI Aayog chief executive officer Amitabh Kant said on Friday.

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Nepal revamps colonial-era railway link

Nepal revamps colonial-era railway link

Shrubs spring up around a rusted train engine in southeast Nepal, with carriages propped up on bricks and tall grass growing over abandoned wheels, offering mute testimony to years of neglect suffered by an abandoned railway line.

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Telangana Govt needs 1,000 acres for regional ring road

Telangana Govt needs 1,000 acres for regional ring road

Notwithstanding the fact that some of their colleagues have been placed under suspension and names of several others are cropping up in the Miyapur land scam.

 

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Rolls-Royce To Increase R&D Staff In India

Rolls-Royce To Increase R&D Staff In India

British luxury carmaker Rolls-Royce plans to increase its workforce at its Research and Development centre in the country. The company also plans to invest in areas such as artificial intelligence and data analytics.

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Railways station redevelopment drive: Public sector giant to hold road shows abroad to attract investors

Railways station redevelopment drive: Public sector giant to hold road shows abroad to attract investors

Enthused by the response received from overseas developers for the station redevelopment programme, the Indian Railways will hold roadshows abroad to showcase the financial robustness of the scheme and attract more investors.

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Chinese loans may put Bangladesh in debt trap

Chinese loans may put Bangladesh in debt trap

China is arm-twisting Bangladesh to convert soft loans it offered -during President Xi Jinping's visit to Dhaka last year -to commercial credit (incurring higher interest rates) with apparently no headway into projects for which the amount was earmarked.

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