​GOOD MORNING INDIA!

November 16, 2018, Friday

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

GST will transform Indian economy: Piyush Goyal

GST will transform Indian economy: Piyush Goyal

Describing GST as the most revolutionary tax reform since Independence, the Union Minister of State for Energy and Coal (independent charge), Piyush Goyal, has sought the co-operation of the trade, industry and all sections of society to make it a huge success.

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EESL plans Rs 6,000 crore capex during 2017-18 fiscal

EESL plans Rs 6,000 crore capex during 2017-18 fiscal

State-run Energy Efficiency Services Limited (EESL) plans to invest Rs 6,000 crore as capital expenditure during the 2017-18 fiscal year.

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Govt advises RINL to foray into renewable energy, reduce dependence on fossil fuels

Govt advises RINL to foray into renewable energy, reduce dependence on fossil fuels

Union Minister of Power, New & Renewable Energy, Piyush Goyal has advised RINL to make a foray into solar and renewable energy to reduce dependence on fossil fuels to generate thermal power.

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US announces $7.5 Million to Advance India's Power Grid

US announces $7.5 Million to Advance India's Power Grid

Ahead of Prime Minister Narendra Modi's visit to the US, the Trump administration said on Wednesday it will spend $7.5 million to help advance India's power grid, as part of the two countries' commitments to ensuring access to affordable and reliable energy.

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India’s clean energy sector could create 300,000 new jobs by 2020: Study

India’s clean energy sector could create 300,000 new jobs by 2020: Study

More than 300,000 new workers can be employed in wind and solar jobs and more than one million total employment opportunities can be created in achieving India’s ambitious clean energy goals to install 175 gigawatts (GW) of renewable power by 2022, said a study released on Wednesday.

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Tata Power brightens on buzz of stake sale plans in IEX

Tata Power Company gained 3.97% to Rs 81.10 at 14:40 IST on BSE after reports suggesting that the company is expected to dilute its stake in Indian Energy Exchange through initial public offering.

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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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Narendra Modi's US visit: India's nuclear plant agreement with Westinghouse unlikely before trip

Narendra Modi's US visit: India's nuclear plant agreement with Westinghouse unlikely before trip

An agreement between the NPCIL and Westinghouse to build six atomic reactors in Andhra Pradesh will unlikely be signed during Prime Minister Narendra Modi's visit to the United States next week.

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Russia in talks with India on mini hydel projects

Russia in talks with India on mini hydel projects

Russia's Rosatom State Atomic Energy Corporation is holding preliminary talks with the Indian government and private companies to expand its footprint in India by venturing into the small container-based mini hydro power segment.

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VIDEO: Waste to Energy Tackling Delhi’s Mountains of Waste

VIDEO: Waste to Energy Tackling Delhi’s Mountains of Waste

A news item on US public service broadcaster, PBS’s News Hour, has explored the waste management situation and the role of waste to energy in Delhi, India.

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Top players in solar-powered UAV market scrutinized in new research report

Top players in solar-powered UAV market scrutinized in new research report

The Global Solar-powered UAV Market Research Report 2017is a professional and in-depth study on the current state of the Solar-powered UAV industry.

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Larsen & Toubro bags 50MW solar EPC contract for NHPC in Tamil Nadu

Larsen & Toubro bags 50MW solar EPC contract for NHPC in Tamil Nadu

Larsen & Toubro, also known as L&T Construction, has won an EPC and O&M contract from State-run hydro power giant National Hydroelectric Power Corporation (NHPC) for a 50MW solar PV project in the Indian state of Tamil Nadu.

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NTPC Commissions 225 Mw Of Solar At Mandsaur In Madhya Pradesh

NTPC Commissions 225 Mw Of Solar At Mandsaur In Madhya Pradesh

The National Thermal Power Corporation (NTPC) has commissioned 225 MW of solar out of the 250 MW solar project being developed at Mandsaur in Madhya Pradesh.

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Expedite emission norms for thermal power plants, say citizens

Expedite emission norms for thermal power plants, say citizens

Sixty three signatories from civil society organisations, medical professionals and concerned citizens all over India have written to the Minister of Environment Forest and Climate Change, urging implementation of new norms for emission standards and water use of the coal fired thermal power plants.

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Andhra Pradesh signs wind power PPAs, does U-turn, wants 25 pct price cut now

Andhra Pradesh signs wind power PPAs, does U-turn, wants 25 pct price cut now

Andhra Pradesh’s electricity distribution companies (discoms) signed power purchase agreements (PPAs) with various wind power generators at between Rs 4.76 and Rs 4.84 per unit in 2015, at tariffs that looked competitive then.

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Short-term contracts find favour with power discoms

Short-term contracts find favour with power discoms

India’s electricity sector is poised for a structural shift with distribution utilities becoming increasingly averse to entering into long-term power purchase agreements (PPAs) for thermal projects.

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Solar power start-up expanding

Solar power start-up expanding

Working on making clean energy accessible for all, the city-based start-up, Red Solar, is on an expansion mode.

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Power plants with long-term PPAs seek Coal India’s e-auction calendar

Power plants with long-term PPAs 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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NASA tests flexible solar array on space station

NASA tests flexible solar array on space station

NASA is testing for the first time the effectiveness of a flexible solar array on space station that could one day power satellites and spacecraft.

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NSDC, Schneider Electric to set up labs, centre of excellence

NSDC, Schneider Electric to set up labs, centre of excellence

The National Skill Development Corporation and Schneider Electric are coming together to set up 100 laboratories across the country and a centre of excellence in the national capital region in the coming year.

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Global Crude oil price of Indian Basket was US$ 45.29 per bbl on 20.06.2017

Global Crude oil price of Indian Basket was US$ 45.29 per bbl on 20.06.2017

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$ 45.29 per barrel (bbl) on 20.06.2017.

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With crude at a 7-month low, should India be celebrating?

With crude at a 7-month low, should India be celebrating?

A decade ago, any political turmoil in the West Asian region would have an immediate impact on the oil market. Now, despite growing tensions between Saudi Arabia and Qatar, Brent crude, the international benchmark, has fallen to as low as USD 45.62, its lowest level since November.

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Petroleum products’ net exports slip 42% on high home usage

Petroleum products’ net exports slip 42% on high home usage

Net export of petroleum products has fallen 42% in three years as domestic demand sharply rose for polluting fuel oil and and pet-coke as well as liquefied petroleum gas (LPG), the cleaner cooking gas mostly used by households.

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Cenovus fiasco a leverage warning for oil sector

Cenovus fiasco a leverage warning for oil sector

The Canadian firm's ill-timed $13 bln deal with ConocoPhillips in March has burned nearly half its value and cost the CEO his job.

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Falling crude oil price drags Indian oil companies’ shares down, but airlines’ stocks fly

Falling crude oil price drags Indian oil companies’ shares down, but airlines’ stocks fly

Shares of India’s oil exploration companies as well as those of refining and marketing companies fell sharply on Wednesday following a slump in the global crude oil prices, but aviation companies stocks rose at the same time on hopes of cheaper jet fuel.

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IDCO notice to IOC to affect Odisha industrialisation: Oil Minister Dharmendra Pradhan

IDCO notice to IOC to affect Odisha industrialisation: Oil Minister Dharmendra Pradhan

Union Minister of State for Petroleum and Natural Gas Dharmendra Pradhan on Wednesday said that Odisha government's show-cause notice to the IOC's refinery at Paradip would affect industrialisation in the state.

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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 is ready to sign long-term gas purchase deals with Qatar provided that Doha agrees to acquire stakes in power plants which have been hit by gas shortages, oil minister Dharmendra Pradhan said on Tuesday.

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Cairn Energy expands hunt for oil and gas to Mexico

Cairn Energy expands hunt for oil and gas to Mexico

CAIRN Energy is moving into frontier exploration territory off Mexico as the oil and gas firm looks to repeat the success it has enjoyed off Senegal.

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Petronet in talks to buy stake in GSPC's Mundra LNG terminal

Petronet in talks to buy stake in GSPC's Mundra LNG terminal

Petronet LNG Ltd, India's biggest importer of liquid gas, is in talks to buy 25 per cent stake in Gujarat State Petroleum Corporation's (GSPC) almost- complete Rs 4,500-crore Mundra LNG import terminal in Gujarat.

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P&NG Minister Dharmendra Pradhan highlighted political unanimity of the issues for uttering into one nation/ one tax/ one market

P&NG Minister Dharmendra Pradhan highlighted political unanimity of the issues for uttering into one nation/ one tax/ one market

GST outreach programme for oil industry stakeholders an initiative of Ministry of Finance & Ministry of Petroleum and Natural Gas, Government of India, Department of Finance and Commercial Taxes, Govt. Of Odisha and Oil Industry Odisha was held today.

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ONGC-Unesco join hands to get Chilika Lake heritage site tag

ONGC-Unesco join hands to get Chilika Lake heritage site tag

A joint team of the ONGC and Unesco has carried out a preliminary survey for the conservation of Chilika Lake to help the country’s largest coastal lagoon secure the world heritage site tag, said an official on Wednesday.

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GST effect: AC, first class train fares to go up marginally

GST effect: AC, first class train fares to go up marginally

With the Goods and Services Tax (GST) coming into effect from July 1, train passengers will have to pay a bit more to travel AC and first class.

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UltraTech Cement partners with Bengaluru and Kochi Metro

UltraTech Cement partners with Bengaluru and Kochi Metro

Both metro systems were inaugurated on June 17 in their individual states of Kerala and Karnataka.

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Anti-railway pressure groups threaten to intensify protests

Anti-railway pressure groups threaten to intensify protests

Anti-railway pressure groups in Meghalaya today threatened to further intensify their protests if Chief Minister Mukul Sangma refuses to hold talks with them on the issue of extension of railways up to the state capital here.

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Telangana seeks GST exemption for Mission Kakatiya, Mission Bhagiratha

Telangana seeks GST exemption for Mission Kakatiya, Mission Bhagiratha

The Telangana government has sought GST exemption for its flagship programmes such as Mission Kakatiya and Mission Bhagiratha.

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Road project to decongest central Delhi scrapped: Top government official

Road project to decongest central Delhi scrapped: Top government official

A major road project to decongest the entire central Delhi area including the busy ITO intersection has hit an apparent railblock.

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Exporters seek incentives from govt to boost shipments, says Rita Teaotia

Exporters seek incentives from govt to boost shipments, says Rita Teaotia

Exporters today sought incentives such as credit at affordable rates from the government with a view to boost India's shipments, a top official said.

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Rajdhani, Shatabdi trains set for revamp under 'Operation Swarn'

Rajdhani, Shatabdi trains set for revamp under 'Operation Swarn'

They are the premium trains in India. Rajdhani and Shatabdi Express were started to move people who could afford to pay more for a somewhat luxurious travel.

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Railway to focus on Rajasthan: railway sector stocks to benefit

In order to accelerate growth in the State of Rajasthan, Centre is focussing on the development of infrastructures and railway facilities, said Union Railway Minister, Suresh Prabhu in an interaction with a business daily.

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