​GOOD MORNING INDIA!

November 20, 2018, Tuesday

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

Lenders clear Rs 86,000-cr Essar Oil-Rosneft deal

Lenders Clear Rs 86,000-cr Essar Oil-Rosneft Deal

A consortium of 23 lenders led by State Bank of India today cleared the Rs 86,000-crore sale of Essar Oil to Russia's Rosneft-led group after the Ruias agreed to clear a part of the Rs 26,000-crore loans, including that of Life Insurance Corporation.

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With arbitration withdrawn, RIL, BP may get higher gas price from KG-D6

With arbitration withdrawn, RIL, BP may get higher gas price from KG-D6

Almost a week after the big-bang announcement by Reliance Industries (RIL) and BP Plc to invest Rs 40,000 crore in the Krishna Godavari Basin field

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How Solar Energy Has Empowered Communities in Rural Assam

How Solar Energy Has Empowered Communities in Rural Assam

It is a pleasant morning, heralding the spring, in Birsing Part I char village. However, Shahida Khatun, 30, cannot quite enjoy it. She has a fever and is waiting in the lobby of the char’s Riverine Primary Health Centre (PHC) to consult the doctor.

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EESL invites tie-up proposals from clean tech firms in UK, Europe, North America

EESL invites tie-up proposals from clean tech firms in UK, Europe, North America

In what will help add heft to India’s climate change stand on the international stage, state-run Energy Efficiency Services Ltd (EESL) has invited proposals for strategic partnerships with clean tech organisations in the UK, Europe and North America to entering these markets.

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Minister Piyush Goyal launches POSOCO-IMD Weather Portal for Power Sector & Web Portal ‘MERIT’ (Merit Order Despatch of Electricity for Rejuvenation of Income and Transparency)

Minister Piyush Goyal launches POSOCO-IMD Weather Portal for Power Sector & Web Portal ‘MERIT’ (Merit Order Despatch of Electricity for Rejuvenation of Income and Transparency)

Union Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines Piyush Goyal launched Weather Portal for Power Sector in association with POSOCO and IMD at the meeting of the Forum of Regulators on Friday.

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Tata Power Mundra power plant crisis: Here’s what will save a good project

Tata Power Mundra power plant crisis: Here’s what will save a good project

With accumulated losses of Rs6,457 crore, as compared to the paid-up equity of Rs6,083 crore, if Tata Power’s Mundra power project’s last-ditch effort doesn’t pan out, the company may have no option but to shut it down.

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BHEL Registers Significant Increase in Intellectual Capital

BHEL Registers Significant Increase in Intellectual Capital

In the back of sustained focus on innovation and developing new technologies & products, Bharat Heavy Electricals Limited (BHEL) has recorded nearly 14% growth in its Intellectual Capital in FY 2016-17.

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U.S. keen on tapping Punjab's solar power sector

U.S. keen on tapping Punjab's solar power sector

Owing to the development of Punjab's energy sector, a delegation led by former US ambassador Teresita C Schaffer expressed their interest in extending cooperation to the Government, particularly with regards to the solar energy faction.

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World’s biggest wind turbine maker Vestas sets sights on Asia-Pacific, Middle East markets

World’s biggest wind turbine maker Vestas sets sights on Asia-Pacific, Middle East markets

The chief executive officer of Denmark’s Vestas Wind Systems A/S says the world’s biggest wind turbine maker wants to expand in the Middle East and the Asia-Pacific region as it taps into growing demand for renewable energy in new markets.

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Crompton Greaves consumer electricals leads the race for Kenstar

Crompton Greaves consumer electricals leads the race for Kenstar

The race for Dhoot family promoted Videocon Group's home appliances brand Kenstar has picked up pace with multiple suitors expressing interest

 

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Govt benchmarks tariff for Bhadla solar park at Rs3.43 per unit

Govt benchmarks tariff for Bhadla solar park at Rs3.43 per unit

The Centre has benchmarked a tariff ceiling of Rs3.43 per unit for upcoming auctions for the solar power park in Bhadla, Rajasthan, in acknowledgement of the steep fall in tariffs in recent tenders.

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Make Trump's Border Wall A Solar Generator? It's Not So Easy

Make Trump's Border Wall A Solar Generator? It's Not So Easy

President Donald Trump's new proposal to make his signature border wall with Mexico a solar generator seems a bright idea for a leader who has focused on reviving coal, but it would face huge regulatory hurdles.

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India inks pact with World Bank for co-financing AP power project

India inks pact with World Bank for co-financing AP power project

India today signed an agreement with the World Bank for co-financing loans worth USD 570 million for 'Power for All' project in Andhra Pradesh.

 

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World's Biggest Coal Company Closes 37 Mines As Solar Power's Influence Grows

World's Biggest Coal Company Closes 37 Mines As Solar Power's Influence Grows

The largest coal mining company in the world has announced it will close 37 mines because they are no longer economically viable.

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AERB’s nod for Kudankulam’s units 3&4

AERB’s nod for Kudankulam’s units 3&4

India’s Atomic Energy Regulatory Board (AERB) on Friday said it has given its nod to the country’s nuclear plant operator

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Bajaj Hindusthan drops plan to sell cogen biz

Bajaj Hindusthan drops plan to sell cogen biz

Debt-ridden Bajaj Hindusthan Sugar has shelved the plan to sell power business to group firm Lalitpur Power Generation Company for about Rs 1,200 crore, even as its lenders have initiated resolution process under S4A to restructure loans.

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Global Crude oil price of Indian Basket was US$ 43.85 per bbl on 22.06.2017

Global Crude oil price of Indian Basket was US$ 43.85 per bbl on 22.06.2017

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$ 43.85 per barrel (bbl) on 22.06.2017. This was lower than the price of US$ 44.45 per bbl on previous publishing day of 21.06.2017.

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Home Ministry and IB caution against Essar-Rosneft multi-billion deal over Vadinar port

Home Ministry and IB caution against Essar-Rosneft multi-billion deal over Vadinar port

Home Ministry and Intelligence Bureau (IB) have red flagged the consortium between Essar Oil and Russian oil company Rosneft over security concerns, stated a report by the Economic Times.

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Big Oil turns to big data to save big money on drilling

Big Oil turns to big data to save big money on drilling

In today's U.S. shale fields, tiny sensors attached to production gear harvest data on everything from pumping pressure to the heat and rotational speed of drill bits boring into the rocky earth.

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Bears tighten grip on crude oil; can OPEC win the battle against US shale, renewables?

Bears tighten grip on crude oil; can OPEC win the battle against US shale, renewables?

Crude oil has entered a bear market even as the Organisation of Petroleum Exporting Countries has been trying its best to put a floor under the prices by curtailing supply.

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Bank highlights challenge facing Cairn in India

Bank highlights challenge facing Cairn in India

BARCLAYS Capital has cut its target price for Cairn Energy by more than 10 per cent after the oil gas firm hit fresh complications in India.

 

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KG-D6 Gas Price Arbitration: Reliance, BP Bury The Hatchet Against The Government

KG-D6 Gas Price Arbitration: Reliance, BP Bury The Hatchet Against The Government

Reliance Industries Ltd. and BP Plc will withdraw the arbitration against the government on the pricing of gas from the D6 block of the Krishna-Godavari basin.

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India's crude oil production rises 0.7% in May 2017

India's crude oil production rises 0.7% in May 2017

India's crude oil production rose 0.7% to 3.10 million tonnes (mt) in May 2017 over May 2016. Crude oil output of ONGC increased 2.5% to 1.93 mt

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FICCI assures Dr Jitendra Singh full support for smooth GST rollout in Northeast

FICCI assures Dr Jitendra Singh full support for smooth GST rollout in Northeast

The President of Federation of Indian Chambers of Commerce and Industry (FICCI), Shri Pankaj R. Patel today met Union Minister of State (Independent Charge) for Development of North Eastern Region (DoNER)

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Govt announces 30 Smart Cities, Thiruvanathapuram tops list

Govt announces 30 Smart Cities, Thiruvanathapuram tops list

The government on Friday announced another list of 30 cites for development as smart cities taking the total cities picked up so far to 90 under Smart City Mission.

 

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Green light to Indo-Nepal Pancheshwar dam project

Green light to Indo-Nepal Pancheshwar dam project

To expedite work on the Pancheshwar Multipurpose Project, a bi-national scheme, primarily aimed at energy generation and irrigation benefits in India and Nepal, an expert panel of the union environment ministry has decided to do away with the proposed joint mechanism to assess its impact on environment.

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Industries minister Deshpande snubs energy minister Shivakumar over GVK group stake sale

Industries minister Deshpande snubs energy minister Shivakumar over GVK group stake sale

Energy Minister D K Shivakumar’s concerns over the GVK Group’s plans to divest its stakes in Bengaluru International Airport Limited have been brushed aside by his cabinet colleague and Industries Minister R V Deshpande

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'Made in India' technology drives key Metro projects

'Made in India' technology drives key Metro projects

Kochi, one of the 100 smart cities assigned by the government, is the first tier 2 city to receive a metro project in the country.

 

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Making a nation with tracks: The Railways' impact on India

Making a nation with tracks: The Railways' impact on India

In these days of low-budget airlines, it is only thought a common, time-taking mode of travel. But given Mahatma Gandhi, the Kakori conspiracy, the Partition refugees' trains, Godhra, or even films from "Aradhana" to "Dilwalwe Dulhaniya Le Jayenge" and "Sonar Kella" to "Sholay

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Goa-Mumbai journey on board Tejas Express faster with new engine

Goa-Mumbai journey on board Tejas Express faster with new engine

This monsoon, the Goa-Mumbai journey by luxurious Tejas Express will be faster as the Konkan Railway has revised the departure time of the train from Karmali in the coastal state.

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Double Parking by Central Railway Drivers

Double Parking by Central Railway Drivers

It is every day affairs of double parking by Drivers of Central Railway officers driver on D. N. Road, near CST railway drivers blocking traffic on D N Road, Mumbai.

 

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Jat agitation affects rail, road network in Rajasthan’s Bharatpur, Dholpur

Jat agitation affects rail, road network in Rajasthan’s Bharatpur, Dholpur

The fresh bout of agitation by the Jats demanding OBC reservation benefits to the community in Dholpur and Bharatpur districts disrupted the rail and road traffic in Rajasthan forcing Northern Western Railway (NWR) to cancel two trains and divert two others on Friday.

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Krishnapatnam port to go paperless with e-Xpressway

Krishnapatnam port to go paperless with e-Xpressway

Krishnapatnam Port, one of the country’s largest all-weather deep water port on the east-coast of India today said that it is all set to go paperless by implementing e-Xpressway solution for its container operations.

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CleanMax Solar to power Chennai Metro

CleanMax Solar to power Chennai Metro

Onsite solar energy provider CleanMax Solar has bagged the order to power Chennai Metro Rail Ltd.

 

 

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RInfra to consolidate transport businesses

RInfra to consolidate transport businesses

Reliance Infrastructure (RInfra) has initiated a process to spin off a new unit, called Reliance Transport, to take care of its interests in railway, metro, airport and road projects even as the proposed listing of Infrastructure Investment Trust (InvIT) faces what the company calls “some procedural delays” after receiving the nod from the stock market regulator.

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Train services remain suspended in Kashmir for Day 2

Train services remain suspended in Kashmir for Day 2

All train services remained suspended in Kashmir valley for the second day today for security reasons, following the separatists' call to hold demonstrations after Friday prayers against the civilian deaths.

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Tejas Express to also run on Delhi-Chandigarh, Delhi-Lucknow routes soon

Tejas Express to also run on Delhi-Chandigarh, Delhi-Lucknow routes soon

People who wish to travel in India’s one of the most advanced trains Tejas Express, will soon be able to experience the travel apart from Mumbai-Goa route where the train is currently functional. According to reports, the Indian Railways is planning to run Tejas Express on two different routes.

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Lucknow Metro rail run likely from next month: Sreedharan

Lucknow Metro rail run likely from next month: Sreedharan

The public launch of much-awaited Lucknow Metro on the 8.5 km first phase is expected by the third week of July, Metro Man E Sreedharan has announced.

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What makes a city smart in India and why world is far ahead of us

What makes a city smart in India and why world is far ahead of us

The government has released a fresh list of 30 smart cities, taking the total number under the Smart City Mission to 90.

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Germany lobbies for Indian railway projects

Germany lobbies for Indian railway projects

Berlin is lobbying for German firms to win business revamping India's creaking railway network, one of several countries attracted by the scale of India's transport needs and which are campaigning to export their technology.

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India's first under-water tunnel for EW Metro beneath Ganga completed ahead of time

India's first under-water tunnel for EW Metro beneath Ganga completed ahead of time

India's first under-water tunnel- linking Howrah and Kolkata - under the Hooghly river ( Ganga), for East-West Metro connectivity completed well ahead of scheduled time, announced Kolkata Metro Railway Corporation (KMRC) here today.

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