​GOOD EVENING INDIA!

November 14, 2018, Wednesday

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

 

EDITORS PICK

Oil block licensing: Open acreage replaces NELP as new policy regime

Oil Block Licensing: Open acreage Replaces NELP as New Policy Regime

The government on Wednesday replaced the New Exploration and Licensing Policy with the Open Acreage Licensing (OAL) under the framework of Hydrocarbon Exploration and Licensing Policy (HELP).

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RIL refinances $2.3 billion loans to cut interest cost

RIL Refinances $2.3 Billion Loans to Cut Interest Cost

Reliance Industries refinanced $ 2.3 billion of syndicate and club loans resulting in substantial interest savings, company Chairman Mukesh Ambani has said.

 

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Niti Aayog wants greater role for oil & natural gas board in upstream biz

NITI Aayog wants greater role for Oil & Natural Gas board in upstream biz

The draft energy policy of the government has proposed enlarging the regulatory ambit of Petroleum and Natural Gas Regulatory Board (PNGRB).

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Government stitches rescue plan for Tata, Adani power plants

Government Stitches Rescue Plan for Tata, Adani Power Plants

The biggest rescue package being stitched together for distressed power plants could see lenders take over three imported coal-fired generation stations of the Tata, Adani and Essar groups, involving an estimated investment of over Rs 40,000 crore, and transfer 100% equity for Re 1 to consumers states, including Gujarat where these plants are located.

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'Assess demand first to make CIL's $1 bn investment plan work'

'Assess demand first to make CIL's $1 bn investment plan work'

A careful assessment of coal demand for power sector is needed so that the over USD 1 billion annual investment plan by CIL for raising its production capacity to 1 billion tonne is not stranded, the government think tank Niti Aayog has said.

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Cross-subsidy on power should go: Niti Aayog

Cross-subsidy on Power Should go: NITI Aayog

Federal policy think-tank Niti Aayog has pitched for letting power utilities realize full market price from all consumers by doing away with cross-subsidy provided to poor consumers.

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Union Minister Piyush Goyal chairs 5th Geoscience Advisory Council Meeting

Union Minister Piyush Goyal chairs 5th Geoscience Advisory Council Meeting

Piyush Goyal, Minister of State (Independent Charge) for Power, Coal, New and Renewable Energy and Mines, addressed the 5th Geoscience Advisory Council (GAC) Meeting in New Delhi today.

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The Supra Eco Homes, India's First Fully Solar Powered Real Estate Project, where even Elevators Work on Solar Power, Announced

The Supra Eco Homes, India's First Fully Solar Powered Real Estate Project, where even Elevators Work on Solar Power, Announced

It will be a wood free apartment. No geysers, invertors, diesel generators to be installed. When it is completed in next 18months, it will be the “Near Zero Carbon Emissions Building in the country.”

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Load Shedding

Load Shedding

It was expected to be the jewel in Tata Power's crown. But is instead proving to be a millstone around the company's neck, one that it is reportedly trying to get off its back.

 

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Global Crude oil price of Indian Basket was US$ 45.42 per bbl on 27.06.2017

Global Crude oil price of Indian Basket was US$ 45.42 per bbl on 27.06.2017

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$ 45.42 per barrel (bbl) on 27.06.2017. This was higher than the price of US$ 44.28* per bbl on previous publishing day of 26.06.2017.

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Petrol price hiked for first time since daily revision but the amount will make you laugh

Petrol price hiked for first time since daily revision but the amount will make you laugh

Petrol price rose for the first time today ever since daily retail fuel price revision was implemented nationwide on June 16, after falling or remaining unchanged for 12 days in a row. However, the quantum of hike is such that many would not even bat an eyelid over it.

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Daily petrol price revision: Crude oil is not the only factor. What else impacts your fuel bill?

Daily Petrol Price revision: Crude oil is not the only factor. What else impacts your fuel bill?

With India’s oil marketing companies recently introducing daily revision in petrol and diesel prices, and with the global crude oil prices simultaneously in a free fall, some might cheer the prospects of a sustained easing of retail fuel prices.

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Dr Harsh Vardhan and Shri Dharmendra Pradhan inaugurate Swasth Saarthi Abhiyaan and Fuel Conservation Workshop

Dr Harsh Vardhan and Shri Dharmendra Pradhan inaugurate Swasth Saarthi Abhiyaan and Fuel Conservation Workshop

Union Minister for Science and Technology and Earth Sciences and Environment, Forest and Climate Change, Dr. Harsh Vardhan and Minister of State (I/C) for Petroleum and Natural Gas, Shri Dharmendra Pradhan, together, inaugurated the Swasth Saarthi Abhiyaan (SSA) today at Siri Fort Auditorium.

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From Rs 4,000 cr to Rs 30,000 cr, Dharmendra Pradhan plans big business boost for Indraprastha Gas Limited

From Rs 4,000 cr to Rs 30,000 cr, Dharmendra Pradhan plans big business boost for Indraprastha Gas Limited

Union Minister of Petroleum and Natural Gas Dharmendra Pradhan has said that the government plans to increase Indraprastha Gas Limited’s (IGL) business from the current Rs 4000 crore to Rs 30,000 crore.

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Indian Minister Discusses Gas Supplies With Russian Deputy Energy Minister

Indian Minister Discusses Gas Supplies With Russian Deputy Energy Minister

India’s Petroleum and Gas Minister Dharmendra Pradhan said Tuesday that he had discussed supplies of natural gas to the Asian country during a meeting with Russian Deputy Energy Minister Yuri Sentyurin and the delegation from Russia's energy giant Gazprom.

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ONGC Gets Shale Go-Ahead

ONGC Gets Shale Go-Ahead

State-owned explorer ONGC Ltd has got an environmental clearance to drill five wells for shale gas and oil in the Krishna-Godavari (KG) basin at an estimated cost of Rs 217 crore.

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Natural Gas Picks Up GST Scent

Natural Gas Picks Up GST Scent

A sustained drive has been initiated to bring natural gas under GST – with just three days to go for India’s biggest indirect tax reform.

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Shell Seeks Gas Converts Among India's Textile, Cement Factories

Shell Seeks Gas Converts Among India's Textile, Cement Factories

Royal Dutch Shell Plc is turning to India’s textile, cement and steel factories as it seeks to expand demand for its natural gas.

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India remains Nigeria’s top oil export destination

India remains Nigeria’s top oil export destination

Nigeria exported over 155.125 million barrels of crude oil to India between February and March 2017, thus making it the biggest importer, according to data from the Nigerian National Petroleum Corporation (NNPC).

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Petya Ransomware hits India's Jawaharlal Nehru Port, operations suspended

Petya Ransomware hits India's Jawaharlal Nehru Port,Operations Suspended

All operations at the Jawaharlal Nehru Port (JNPT) were suspended on Wednesday after reports of the `Petya` Ransomware infecting India`s largest container port emerged.

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Rains continue to lash Mumbai, Harbour Line services affected

Rains Continue To Lash Mumbai, Harbour Line Services Affected

Intermittent rains continued for the fourth consecutive day on Wednesday in Mumbai and suburbs, disrupting local train services on the Central Railway's Harbour Line for sometime this morning, an official said.

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Metro Rail, High tax on SUVs to improve air quality: NITI Aayog

Metro Rail, High tax on SUVs to improve air quality: NITI Aayog

Government think tank NITI Aayog has made a case for higher tax on big cars and SUVs, and promotion of mass transport system like metro rail to improve air quality in the draft National Energy Policy.

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Proposed Bilaspur-Manali-Leh rail link a challenge to engineers

Proposed Bilaspur-Manali-Leh Rail Link a Challenge to Engineers

In a bid to match the strategic road and rail network that China has built along the Line of Actual Control (LAC) with India, railways minister Suresh Prabhu has laid the foundation stone for the final location survey of the Bilaspur-Manali-Leh rail line that would be the world’s highest rail link.

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Southern Railway now uses Egmore station to clean, wash trains

Southern Railway now uses Egmore station to clean, wash Trains

Southern Railway has started mechanised cleaning and washing of trains which stop at Chennai-Egmore station since June 11 after the station was categorised as a Clean Train Station (CTS).

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'Waiver for special grade steel procurement only after review'

'Waiver for Special Grade Steel Procurement Only After Review'

A high-level panel to address issues pertaining to procurement of domestic steel products has said waivers for special grades not manufactured in the country will be granted only after review.

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