​GOOD MORNING INDIA!

November 17, 2018, Saturday

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

ABB in talks to buy out L&T’s electrical business

ABB in talks to buy out L&T’s electrical business

ABB, the Swedish-Swiss multinational, is in discussions with Larsen & Toubro to acquire its electrical and automation division.

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Power plants seek Coal India’s e-auction calendar

Power plants seek Coal India’s e-auction calendar

Power plants holding longterm power purchase agreements with consumers have asked Coal India for a 12-month e-auction calendar, to help them plan operations better.

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India Asks Qatar To Invest In Power Plants As Condition For Lng Deals

India Asks Qatar To Invest In Power Plants As Condition For Lng Deals

India on Tuesday said it would sign future long-term liquefied natural gas (LNG) purchase deals with Qatar if only Doha agrees to acquire stakes in the South Asian nation's power plants, oil minister Dharmendra Pradhan said.

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Chinese Firms Inks Deal With Adani Group, To Invest $300 Mn In Gujarat

Chinese Firms Inks Deal With Adani Group, To Invest $300 Mn In Gujarat

India's Adani Group inked a deal with East Hope Group, one of China's largest companies, which will invest over $300 million to set up a manufacturing unit for solar power generation equipment in Gujarat.

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First Unit Of 100 Mw Sainj Hydropower Project Commissioned

First Unit Of 100 Mw Sainj Hydropower Project Commissioned

The first 50 MW unit of 100 MW Sainj Hydro Power project of Himachal Pradesh Power Corporation Limited (HPPCL) today commissioned and synchronised with northern grid through Parvati-Kol Dam transmission line.

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Hero Future Energies Eyes Renewable Assets Of Equis Energy

Hero Future Energies Eyes Renewable Assets Of Equis Energy

Hero Future Energies, the renewable energy arm of the Pawan Munjal led Hero Group is evaluating options for its biggest bet yet in the burgeoning clean energy segment.

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Rama Steel Tubes installs solar project at Khopoli

Rama Steel Tubes installs solar project at Khopoli

Rama Steel Tubes on Monday informed that it has installed a solar project at Khopoli facility, Maharashtra. The solar project will generate 1100 MWh/ year of energy, same amount of energy needed to power the installed and upcoming capacities.

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Ather Energy Hires Thiruppathy Srinivasan As Vice President Of Vehicle Development

Ather Energy Hires Thiruppathy Srinivasan As Vice President Of Vehicle Development

Ather Energy, a Bangalore-based electric two-wheeler start-up has hired Thiruppathy Srinivasan as the company's new Vice President of Vehicle Development. The development follows up after the company recently hired a new COO.

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Rec Says 13,685 Villages Electrified So Far

Rec Says 13,685 Villages Electrified So Far

State-run Rural Electrification Corp on Tuesday said as many as 13,685 villages have been electrified till June 20, 2017.

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NHPC awards 50 MW solar project order to L&T

NHPC awards 50 MW solar project order to L&T

State-run hydro power giant NHPC has awarded an order of Rs 287.48 crore for setting up 50 MW solar power capacities at Theni and Dindigul district of Tamil Nadu to Larson and Tubro Ltd.

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In Pics: Ladakh Turns Solar Friendly

In Pics: Ladakh Turns Solar Friendly

The Ladakh region of India is known as the roof of the world. It has immense potential to generate solar power with its large patches of barren land surrounded by mountains.

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PM inaugurates development initiatives in Lucknow

PM inaugurates development initiatives in Lucknow

Prime Minister Narendra Modi on Tuesday inaugurated building of Dr. A.P.J. Abdul Kalam Technical University, dedicated 400KV Lucknow-Kanpur D/C transmission line and distributed sanction letters to the beneficiaries of Pradhan Mantri Awas Yojana in Lucknow.

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NHPC signs MoU with ministry of power for the year 2017-18

NHPC signs MoU with ministry of power for the year 2017-18

NHPC Limited, India's premier hydropower utility and a Schedule 'A' Mini Ratna Enterprise of the Government of India signed Memorandum of Understanding (MOU) on 20.06.2017 with Ministry of Power, Government of India for the year 2017-18.

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Green Energy may renew job hopes & create 3 lakh jobs in 5 years

Green Energy may renew job hopes & create 3 lakh jobs in 5 years

India’s rapidly growing renewable energy sector will generate a significant number of new jobs apart from giving the country cleaner environment, a new study has forecast.

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Indian Nuclear Policy And Diplomacy – Analysis

Indian Nuclear Policy And Diplomacy – Analysis

Democracies often undergo swings in policies with change of governments. India’s nuclear policy, however, in both its dimensions – weapons and power generation – has enjoyed broad support across political parties.

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New Energy Conservation Building Code launched by Goyal

New Energy Conservation Building Code launched by Goyal

The new Energy Conservation Building Code (ECBC) 2017 prescribing energy performance standards for new commercial buildings to be constructed in India was launched by Power Minister Piyush Goyal at an event here on 19 June. 

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EESL plans to raise $400 million debt to finance expansion

EESL plans to raise $400 million debt to finance expansion

State-owned Energy Efficiency Services Ltd (EESL) is planning to raise another $400 million from multilateral agencies and international bond markets to finance a massive expansion into rural street lighting

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Tesla close to agreement on first production plant in China-Bloomberg

Tesla close to agreement on first production plant in China-Bloomberg

Tesla Inc is close to an agreement to produce its electric cars in China for the first time and gain better access to the world's largest auto market,Bloomberg reported, citing people familiar with the matter.

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Last line of defence: Indigenous rights and Adani's land deal

Last line of defence: Indigenous rights and Adani's land deal

Tata Power shares gained as much as 4 percent in morning trade Tuesday as the company is expected to dilute its stake in Indian Energy Exchange through initial public offering.

 

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PK Kaw dead at 69; What you must know about man behind India’s thermonuclear experiments

PK Kaw dead at 69; What you must know about man behind India’s thermonuclear experiments

The 69-year-old globally-acclaimed plasma physicist, professor PK Kaw who was the man behind India’s efforts to produce energy through thermonuclear fusion, died in Ahmedabad on Sunday, reported The Indian Express.

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India’s NTPC reaches 845 MW of installed solar capacity following latest commissioning

India’s NTPC reaches 845 MW of installed solar capacity following latest commissioning

The National Thermal Power Corporation (NTPC) of India has provided an update of its solar progress, revealing that it now has 845 MW of installed capacity across India.

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Energy demand stayed low in 2016, as the fuel mix shifted towards cleaner energy sources

Energy demand stayed low in 2016, as the fuel mix shifted towards cleaner energy sources

The British oil and gas company found that while energy consumption grew by just 1%—compared with a 10-year average of 1.8%—this growth was almost entirely sustained by developing countries, especially India and China.

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Sterling & Wilson to develop 1177MW solar project in Abu Dhabi

Sterling & Wilson to develop 1177MW solar project in Abu Dhabi

Indian company Sterling & Wilson have secured an engineering, procurement and construction (EPC) contract for an 1177MW project Abu Dhabi.

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Equipment for Kudankulam fully safe, says Russian equipment manufacturer

Equipment for Kudankulam fully safe, says Russian equipment manufacturer

Vouching for the full safety of the equipment that it was supplying for the Kudankulam Nuclear Power Plant (KNPP), Atomenergomash – the machine building arm of Russia’s State Atomic Energy Corporation ROSATOM – on Tuesday said.

 

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Woes Spill Over In Oil Market; Who To Blame For Price Crash?

Woes Spill Over In Oil Market; Who To Blame For Price Crash?

WTI crude oil prices tumbled for the fourth straight week to hit a six-week low of $44.22 per barrel on the persistence of bearish fundamentals, which seem to be derailing Opec’s efforts to balance the oil market, at least in the short term.

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India Found Farzad B Field Set To Go To Iran, Dharmendra Pradhan Says Do Not Mind At All

India Found Farzad B Field Set To Go To Iran, Dharmendra Pradhan Says Do Not Mind At All

Amid reports that Iran has awarded the prolific Farzad B gas field to Russia’s Gazprom, petroleum minister Dharmendra Pradhan on Monday said India would not mind if the asset in the Persian Gulf is denied to it.

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Shashi Shanker To Succeed Sarraf As Ongc Chairman

Shashi Shanker To Succeed Sarraf As Ongc Chairman

Shashi Shanker, the man responsible for ensuring latest technical and field services for state-run ONGC, has been chosen to succeed Dinesh Kumar Sarraf at the head of India's largest oil producer. Government head hunter Public Enterprise Selection Board selected Shanker from among nine candidates, who appeared for the interview on Monday. He is currently director (technical and field services) at …

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Global Crude oil price of Indian Basket was US$ 45.84 per bbl on 19.06.2017

Global Crude oil price of Indian Basket was US$ 45.84 per bbl on 19.06.2017

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$ 45.84 per barrel (bbl) on 19.06.2017. 

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IndianOil’s LPG Import Terminal at Puthuvypeen to help reduce backlog for refills in Kerala

IndianOil’s LPG Import Terminal at Puthuvypeen to help reduce backlog for refills in Kerala

Indian Oil Corporation’s upcoming LPG Import Terminal at Puthuvypeen, Kochi, will significantly help reduce the backlog for LPG cylinder supply in Kerala, which is currently at about 15 days.

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India seeks Qatar investment, gas deal to revive power plants

India seeks Qatar investment, gas deal to revive power plants

India on Tuesday said it would sign future long-term liquefied natural gas (LNG) purchase deals with Qatar if only Doha agrees to acquire stakes in the South Asian nation's power plants, oil minister Dharmendra Pradhan said.

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Oil consumption grows fastest in India

Oil consumption grows fastest in India

India has surpassed China to become the largest contribu tor to incremental oil consumption in 2016, accounting for 21.8 per cent of it, according to BP Statistics.

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In Day 5 Of Petrol, Diesel Daily Price Revision, Rates Cut

In Day 5 Of Petrol, Diesel Daily Price Revision, Rates Cut

Petrol and diesel rates were cut on Tuesday as the new daily price revision entered its fifth day. State-run oil marketing companies Indian Oil, Bharat Petroleum and Hindustan Petroleum implemented a new system of petrol and diesel price revision from June 16

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20,000 Litres of Petrol Wasted as Fuel Tanker Overturns in Delhi's Moolchand Underpass

20,000 Litres of Petrol Wasted as Fuel Tanker Overturns in Delhi's Moolchand Underpass

Around 20,000 litres of petrol were wasted when a fuel tanker overturned at the mouth of the Moolchand Underpass on Delhi’s Ring Road on Tuesday morning.

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India asks Qatar to invest in power plants as condition for LNG purchase deals

India asks Qatar to invest in power plants as condition for LNG purchase deals

India on Tuesday said it would sign future long-term liquefied natural gas (LNG) purchase deals with Qatar if only Doha agrees to acquire stakes in the South Asian nation's power plants, oil minister Dharmendra Pradhan said.

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Support UNESCO to develop Chilika as World Heritage site: Pradhan

Support UNESCO to develop Chilika as World Heritage site: Pradhan

Union Minister Dharmendra Pradhan today asked the Odisha government to support UNESCO's plan of developing Chilika lake as World Heritage site.

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Kochi LPG terminal will ease backlog in Kerala: IOC

Kochi LPG terminal will ease backlog in Kerala: IOC

State-owned Indian Oil Corp (IOC) today said its proposed LPG import terminal at Puthuvypeen in Kochi, construction of which has witnessed violent protest, will help reduce backlog for cooking gas in Kerala.

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Malaysian firms eye Rs 5,000 crore station makeover kitty in 1st big FDI boost for Railways

Malaysian firms eye Rs 5,000 crore station makeover kitty in 1st big FDI boost for Railways

In potentially the first big FDI in railways, Malaysia’s state-owned Construction Industry Development Board (CIDB) will participate in the auction for redevelopment of Udaipur, Howrah, Indore, Secunderabad, Pune and Faridabad railway stations.

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Steel Minister Rules Out Sail Taking Over Monnet Ispat

Steel Minister Rules Out Sail Taking Over Monnet Ispat

Amid speculations that public sector Steel Authority of India Ltd (SAIL) may take over debt-ridden Monnet Ispat & Energy Ltd, Steel Minister Chaudhary Birender Singh has ruled out any such possibility.

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Prabhu Presses For Timely Completion Of 24 Rail Projects In Rajasthan

Prabhu Presses For Timely Completion Of 24 Rail Projects In Rajasthan

Energetic rail minister Suresh Prabhu was into marathon inauguration of various rail projects in the state on Tuesday.

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Hyperloop India Inks Pact With Start-up Workbench To Build Pod

Hyperloop India Inks Pact With Start-up Workbench To Build Pod

Six months after the first proposal of building a modern transportation system in India gained ground, Hyperloop India has taken its first step.

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Delhi’s Ghitorni To Get Smart City Project Worth Rs 15,000 Cr

Delhi’s Ghitorni To Get Smart City Project Worth Rs 15,000 Cr

The Centre plans to develop 240 acres of land at Ghitorni district in south Delhi with smart city features worth over Rs 15,000 crore.

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Niti Aayog OKs Rs 18,000 cr project to increase train speeds

Niti Aayog OKs Rs 18,000 cr project to increase train speeds

The ambitious Rs 18,000 crore project for increasing train speeds on the Delhi-Mumbai and Delhi-Howrah rail corridors has got the Niti Aayog's approval, paving the way for being put up for Cabinet clearance.

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Centre Focusing On Rly Facilities' Development In Raj: Prabhu

Centre Focusing On Rly Facilities' Development In Raj: Prabhu

Rail Minister Suresh Prabhu today said that the Centre is focusing on development of railway facilities and infrastructure in Rajasthan to accelerate growth in the state.

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Realty biggies to join hands to develop major railway stations

Realty biggies to join hands to develop major railway stations

Indian and international realty majors are looking to join hands for developing major railway stations across the country, according to railway officials here. 

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No Excuse for Businesses Not to Be Ready for GST, Says Arun Jaitley

No Excuse for Businesses Not to Be Ready for GST, Says Arun Jaitley

Indian small business has been given enough time to prepare for the July 1 rollout of a new national Goods and Services Tax (GST), finance minister Arun Jaitley said on Tuesday, ruling out any further slippage in the timeline.

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India ratifies UN Convention on Road Transport

India ratifies UN Convention on Road Transport

India has become the 71st country to ratify the United Nations International Convention on Road Transport also known as TIR convention.

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Road and Railway to be exempted under the GST regime: ASSOCHAM plea to Govt.

Road and Railway to be exempted under the GST regime: ASSOCHAM plea to Govt.

In view of the long gestation period and showing negative returns, industry body ASSOCHAM has suggested that infrastructure and transportation such as road and railway sectors should continue to be exempted under Goods and Services Tax (GST) regime.

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Chabahar Port: Why future of India-Iran project hinges on outcome of Narendra Modi-Donald Trump meet

Chabahar Port: Why future of India-Iran project hinges on outcome of Narendra Modi-Donald Trump meet

The trilateral engagement between India, Iran and Afghanistan during the visit of Prime Minister Narendra Modi to Iran in May 2016 expanded avenues of trade for India with Iran, Afghanistan, Central Asia.

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