​GOOD MORNING INDIA!

November 20, 2018, Tuesday

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

Relax, GST won't impact your power bills next month

Relax, GST won't impact your power bills next month

Electricity tariffs will not rise after the Goods and Services Tax (GST) regime gets implemented from July 1, power, coal, renewable energy and mines minister Piyush Goyal said on Thursday.

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Finance Ministry Rejects Rs 20,000-crore Plan For Local Solar Equipment Firms

Finance Ministry Rejects Rs 20,000-crore Plan For Local Solar Equipment Firms

The finance ministry has rejected an ambitious Rs 20,000-crore plan to prop up local solar equipment manufacturers with incentives and subsidies to help them withstand the flood of Chinese imports, said a source close to the development.

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Eesl Scouts International Partners To Implement Clean Energy Programmes

Eesl Scouts International Partners To Implement Clean Energy Programmes

Energy Efficiency Services Limited (EESL) on Thursday said it has invited an expression of interest to enter into strategic partnership with organisations that work in the space of clean energy, energy efficiency, low carbon growth strategy.

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Tata Power proposes to sell 51% equity in loss-making Mundra UMPP at Re 1

Tata Power proposes to sell 51% equity in loss-making Mundra UMPP at Re 1

Tata Power has approached Gujarat Urja Vikas Nigam (GUVNL) to buy 51 per cent equity in the 4,000 Mw Mundra Ultra Mega Power Project (UMPP) for Rs 1.

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NTPC

Ntpc Targets 250 Bu Power Generation In Fy18

State-run power giant NTPC is aiming at generating 250 billion units (BU) of electricity in the current fiscal under a performance pact inked with the power ministry.

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MoU between NTPC and MOP for 2017-18

MoU between NTPC and MOP for 2017-18

Memorandum of Understanding (MoU) for the year 2017-18 between NTPC and Ministry of Power, Govt of India was signed on 20th June, 2017.

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Rural Electrification Corp To Raise $300 Million Selling Green Bonds

Rural Electrification Corp To Raise $300 Million Selling Green Bonds

Rural Electrification Corp, the nodal public sector company to finance power projects in rural India is planning to raise $300 million by selling bonds to overseas investors as early as next week, two people familiar with the deal said.

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Modi Government’s Environment Policy Endorses Everything That Bodes Well for Business

Modi Government’s Environment Policy Endorses Everything That Bodes Well for Business

The last three years under the Modi government have seen the transformation of the environment from being a field of relative stability and inactivity, to functioning as an active instrument of capital accumulation.

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Foray into solar power, Union Minister tells Rashtriya Ispat Nigam Limited

Foray into solar power, Union Minister tells Rashtriya Ispat Nigam Limited

Union Minister of Power, New and Renewable Energy, Coal and Mines Piyush Goyal on Wednesday visited Rashtriya Ispat Nigam Limited-Visakhapatnam Steel Plant. .

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Govt eyes Rs 35,000 crore savings by making buildings green

Govt eyes Rs 35,000 crore savings by making buildings green

The power ministry has set its sights on achieving an estimated Rs 35,000 crore annual savings by making all existing and future government

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Centre to light up Telangana with 1 cr LED bulbs

Centre to light up Telangana with 1 cr LED bulbs

State-run Energy Efficiency Services Ltd (EESL) is aiming at distributing one crore LED bulbs and other energy saving appliances under UJALA scheme in Telangana State.

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845 Megawatt capacity solar power plants installed across India: NTPC

845 Megawatt capacity solar power plants installed across India: NTPC

The National Thermal Power Corporation (NTPC) of India has recently revealed that India now hosts solar power capacity worth 845 MW, after the recent addition of the 225 MW Mandsaur Solar Power Project- a 250 MW solar farm located in Madhya Pradesh.

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SECI tenders 750 mw solar park in Rajasthan

SECI tenders 750 mw solar park in Rajasthan

Setting a new trend in the Solar Energy sector again, Solar Energy Corporation of India (SECI) has tendered a750 MW of solar park in the state of Rajasthan, at a low benchmark price of Rs.3.93/kWh compared to the previous benchmark price of Rs.4.43/kWh.

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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

The US will provide $7.5 million to help advance India’s power grid as part of their commitments to ensure access to affordable and reliable energy in both countries

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Tata Power mulls 51% stake sale in Mundra UMPP to Gujarat government for Re 1 token amount

Tata Power mulls 51% stake sale in Mundra UMPP to Gujarat government for Re 1 token amount

Tata Power is concerned about the UMPP becoming an NPA and has therefore written to the Prime Minister’s Office and Power Ministry offering to sell the said stake to Gujarat government for a token amount of Re 1, ET Now reported.

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IREDA awaits RBI nod to issue green masala bonds

IREDA awaits RBI nod to issue green masala bonds

The Indian Renewable Energy Development Agency (IREDA) is waiting for the approval of the Reserve Bank of India to issue green masala bonds having a tenure of five years to raise close to $300 million, a source said.

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Record level of wind power produced

Record level of wind power produced

Gujarat saw its highest ever levels of power generation from wind energy, thanks to high wind velocities on its coast and steadily increasing generation capacity.

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India-US consortium to bolster India's power grid with Rs 190 crore

India-US consortium to bolster India's power grid with Rs 190 crore

A consortium consisting of the US Energy Department, India’s Ministry of Science and Technology and “industry partners” from India will pool in $30 million  or approximately Rs 190 crore  over five years to advance the power grid in the South Asian nation

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‘India Considering Renewable Energy Applications Beyond Electricity'

‘India Considering Renewable Energy Applications Beyond Electricity'

India’s leadership in creation of International Solar Alliance (ISA) is commendable, and now the country is considering renewable energy applications beyond electricity, said Jamshyd Godrej, Chairperson, Council on Energy, Environment and Water (CEEW) and Shakti Sustainable Energy Foundation.

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Cleanmax solar bags contract to power chennai metro

Cleanmax solar bags contract to power chennai metro

CleanMax Solar, a solar power provider in india, has bagged a contract to power chennai Metro with clean solar power.

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Trump's new idea - a 'solar wall' on Mexican border

Trump's new idea - a 'solar wall' on Mexican border

US President Donald Trump pitched a new concept to his supporters Wednesday for the wall he intends to erect on the Mexican border: cover it with solar panels — and use the energy to cover construction costs.

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Why both discoms and power generation cos prefer short-term contracts

Why both discoms and power generation cos prefer short-term contracts

Following a decline in solar tariffs, power distribution companies (discoms) are increasingly negotiating for short-term contracts with power generation companies.

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India’s increasing green growth

India’s increasing green growth

India is the fastest growing economy in the world. But how has it performed on green growth and energy efficiency? Electricity usage is an important indicator of energy efficiency

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Talking climate change in India

Talking climate change in India

For a variety of reasons, the issue of climate change has been discussed more in the global north than in the global south. As such, many of the communication tactics used by campaigners trying to engage with wider populations in developing countries are limited in its effectiveness.

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India: Civil Nuclear Energy Initiatives – Analysis

India: Civil Nuclear Energy Initiatives – Analysis

In July 2014, months after the NDA government returned to power, PM Narendra Modi visited the Bhabha Atomic Research Centre (BARC) in Mumbai and declared that nuclear power would be an essential part of India’s energy security

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Reliance Industries, Bp Withdraw Gas Price Arbitration Against Government

Reliance Industries, Bp Withdraw Gas Price Arbitration Against Government

Reliance Industries and partner BP have withdrawn the gas price-related arbitration against the government, paving the way for the companies to claim the premium price for output from deep-sea fields in which they plan to invest Rs 40,000 crore.

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Gst To Make Oil And Gas Business More Expensive: Shell India CEO Nitin Prasad

Gst To Make Oil And Gas Business More Expensive: Shell India CEO Nitin Prasad

Netherlands-based Royal Dutch Shell plc, the world’s second-largest oil company, has been focussing on aligning with the energy markets’ transition underway globally.

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Global Crude oil price of Indian Basket was US$ 44.45 per bbl on 21.06.2017

Global Crude oil price of Indian Basket was US$ 44.45 per bbl on 21.06.2017

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$ 44.45 per barrel (bbl) on 21.06.2017. This was lower than the price of US$ 45.29 per bbl on previous publishing day of 20.06.2017.

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GST outreach programme for oil industry stakeholders

GST outreach programme for oil industry stakeholders

Union Petroleum Minister Dharmendra Pradhan on 21 June said implementation of GST will substantially benefit Odisha with the taxing point shifting from production base to consumption.

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UNESCO pact with ONGC for Chilika conservation on cards

UNESCO pact with ONGC for Chilika conservation on cards

UNESCO is likely to ink a pact with multinational oil and gas company ONGC for conservation of ecosystem in and around Chilika lake and protection of birds besides improving livelihood of fishing community.

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Petronet in talks to buy stake in GSPC’s Mundra terminal

Petronet in talks to buy stake in GSPC’s Mundra 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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Cairn may lose 9.8% in India unit

Cairn may lose 9.8% in India unit

Cairn Energy’s 9.8 per cent stake in Cairn India, attached by the tax department for non-payment of dues, may be put on the block as part of recovery proceedings initiated late last week.

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Russia’s Rosneft CEO says takeover of India’s Essar is closed

Russia’s Rosneft CEO says takeover of India’s Essar is closed

The takeover of India’s Essar Oil by Russia’s largest oil producer Rosneft can be now considered as closed, Rosneft CEO Igor Sechin told a shareholders’ meeting on Thursday.

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Global Stocks Advance As Oil Stages Modest Recovery

Global Stocks Advance As Oil Stages Modest Recovery

World stock markets edged higher on Thursday, buoyed by a slight rebound in oil prices after hitting seven-month lows, while the U.S. dollar weakened for a second consecutive session.

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Energy majors warn of falling fossil fuel demand

Energy majors warn of falling fossil fuel demand

It’s considered by the energy market as one of the most authoritative analyses of the global energy business. BP’s annual statistical review of world energy is crammed full of statistics

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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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Iran begins sending gas to Iraq under major deal

Iran begins sending gas to Iraq under major deal

Iran has begun exporting gas through a pipeline to Baghdad under a deal set to make Iraq the Islamic republic’s top customer, the oil ministry said.

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Traders Test Opec "Whatever It Takes" Resolve To Defend Oil Price

Traders Test Opec "Whatever It Takes" Resolve To Defend Oil Price

When OPEC leader Saudi Arabia pledged in May to do "whatever it takes" to defend world oil prices, it didn't expect the market to be testing its resolve just one month later.

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Oil prices slip as physical excess overpowers OPEC

Oil prices slip as physical excess overpowers OPEC

Oil slid back towards multi-month lows on Thursday, after a brief recovery early in the session, as traders warily eyed a glut of physical supply that has persisted despite OPEC-led efforts to balance the market.

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Fuel oil margins rise to five-year high, potential boon for simple refiners

Fuel oil margins rise to five-year high, potential boon for simple refiners

Fuel oil profit margins have surged to their highest in more than five years on lower supplies and rising demand from electric power generators, which may push some refiners to increase their runs.

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Lucknow Metro Delay Unavoidable, Says E. Sreedharan

Lucknow Metro Delay Unavoidable, Says E. Sreedharan

The delay in starting the Lucknow Metro for public use cannot be attributed to the change in political power at the helm of Uttar Pradesh, said noted civil engineer E. Sreedharan, popularly known as the ‘Metro Man’, here on Thursday.

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Cctv Cameras To Be Installed In 28 More Railway Stations

Cctv Cameras To Be Installed In 28 More Railway Stations

In order to keep an eye on the safety of passengers and movement of anti-social elements at the stations, the Railways will install CCTV cameras at 28 more stations coming under jurisdiction of the East Coast Railway (ECoR) spread over Odisha and part of Andhra Pradesh and Chhattisgarh.

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Three Wagons Of Goods Train Derail

Three Wagons Of Goods Train Derail

Three wagons of a goods train derailed today morning near a bridge on the Utangan river in Bah area of Agra district.

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Solar Sound

Trial Run Begins On Pink Line Corridor Of Delhi Metro

Trial run began today on a stretch of the 59-km-long Majlis Park-Shiv Vihar section of the Delhi Metro, which on completion would become the longest corridor of the DMRC network.

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Indian Railways

Prabhu Asks Audit Teams To Detect Anomalies

Railway Minister Suresh Prabhu today stressed on the need to put in place effective internal control systems and audit capable of detecting non-compliance of laid-down procedures and system failures.

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modern coaches

Jharia Coalfield Fire: Rlys To Run More Trains

The railways is exploring possibility of running some more passenger trains as an alternative arrangement in the wake of closure of Dhanbad- Chandrapura train line due to Jharia coalfield fire.

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New Varanasi-Vadodara express from Friday

New Varanasi-Vadodara express from Friday

The Indian Railways is starting a new train from Prime Minister Narendra Modi’s parliamentary constituency Varanasi from Friday, an official said on Thursday

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Railways takes heritage track

Railways takes heritage track

To collaborate and encourage research to conserve, preserve, and manage the heritage of Indian Railways, the Centre for Heritage Management (CHM) recently inked a memorandum of understanding with the Indian Railways Institute of Civil Engineering (IRICEN).

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Kacheguda to Tatanagar special trains

Kacheguda to Tatanagar special trains

In order to clear the extra passenger rush South Central Railway will run 26special trains between Kacheguda–Tatanagar.

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Railways to get edge post GST, fear fleet owners

Railways to get edge post GST, fear fleet owners

Transporting goods via rail may be a cheaper option than ferrying them by road, post the rollout of the goods and services tax (GST).

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Soon, you may be able to zip along highways across India at 120 kmph

Soon, you may be able to zip along highways across India at 120 kmph

If road transport minister Nitin Gadkari has his way, the speed limit on highways and expressways in India could increase up to 120 kilometres per hour.

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India’s E Sreedharan: 60 years of building the country’s bridges, railway lines, and metros

India’s E Sreedharan: 60 years of building the country’s bridges, railway lines, and metros

By the year 2014, Sreedharan the technocrat had spent sixty years in the public space. He had joined the Indian Railways Engineering Service (IRES) as an assistant engineer in 1954, and retired from the organization after thirty-six years of service in 1990

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