​GOOD MORNING INDIA!

November 14, 2018, Wednesday

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

2020 Deadline To Avert Climate Catastrophe: Experts

2020 Deadline To Avert Climate Catastrophe: Experts

Humanity must put carbon dioxide emissions on a downward slope by 2020 to have a realistic shot at capping global warming at well under two degrees Celsius, the bedrock goal of the Paris climate accord, experts said today.

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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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Rooftop Solar To Become Norm By 2040: Niti Aayog

Rooftop Solar To Become Norm By 2040: NITI Aayog

Rooftop solar set-ups would become the norm in the country by 2040, according to government think-tank Niti Aayog's draft National Energy Policy (NEP).

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Power Output Up, Low Coal Stock An Issue: India Ratings

Power Output Up, Low Coal Stock An Issue: India Ratings

Power demand and generation has improved in May, but declining coal stock may lead to power shortage, India Ratings said in a report.

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45 MW

Solar Energy Firms Accuse NTPC Of Delaying CoD Issue

The National Solar Energy Federation of India (NSEFI) has alleged that state-run power giant NTPC and its trading arm NVVN are delaying issue of commercial operation date (CoD) certificate to solar projects.

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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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Hindustan Petroleum In Dollar Market To Sell $500 Mn Bonds

Hindustan Petroleum In Dollar Market To Sell $500 Mn Bonds

Despite rising interest rates in the dollar-bond market that has been keeping away domestic corporations from tapping overseas debt market so far in this year, state-run refiner HPCL has hit the same with a USD500 million issue.

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Oil Ministry Aiming At Awarding Oil, Gas Blocks Under HELP By December

Oil Ministry Aiming At Awarding Oil, Gas Blocks Under HELP By December

Petroleum minister Dharmendra Pradhan on Wednesday said the oil ministry is looking at awarding oil blocks under the revamped Hydrocarbon Exploration Licensing Policy (HELP) by December this year.

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Cairn Energy Provides Update On India Tax Dispute

Cairn Energy Provides Update On India Tax Dispute

In the latest salvo between Indian authorities and the Cairn Energy Group in the dispute concerning the controversial 2012 retrospective amendment to Indian tax law, Cairn has disclosed that the Indian Government has laid claim to a USD53m dividend payment that the group says it is owed from its shareholding in its India-based subsidiary, Cairn India Limited.

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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.

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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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Railways Earns Rs 14 Billion Via Reserved Ticket Cancellation In Fy17, Reveals Rti Reply

Railways Earns Rs 14 Billion Via Reserved Ticket Cancellation In Fy17, Reveals RTI Reply

The Indian Railways collected Rs 14.07 billion through cancellation of reserved tickets on the request of the commuters in FY 2016-17, registering a 25.29 per cent rise over previous year’s earning under this head.

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Navi Mumbai SEZ Makes Last-ditch Move To Save Projects From Chopping Block

Navi Mumbai SEZ Makes Last-ditch Move To Save Projects From Chopping Block

The government may finally be preparing to draw the curtains on eight long-pending special economic zone proposals by Navi Mumbai SEZ Pvt Ltd — promoted by Reliance Industries Ltd Chairman and Managing Director Mukesh Ambani and his associate Anand Jain —, but the developer is not yet ready to call it quits.

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Govt Clears Rs 3,691 Cr Highway Project In UP

Govt Clears Rs 3,691 Cr Highway Project In UP

The Centre today approved a Rs 3,691 crore highway project in Uttar Pradesh that is part of the Golden Quadrilateral between Delhi and Kolkata.

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Union

Railway Minister Prabhu Meets Dalai Lama At Leh

Railway Minister Suresh Prabhu today met Tibetan spiritual leader Dalai Lama at Leh and offered prayers at the Thikse monastery.

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