​GOOD MORNING INDIA!

November 14, 2018, Wednesday

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

Power Demand Healthy, Excess Supply A Worry: Sambitosh Mohaptra, PWC

Power Demand Healthy, Excess Supply A Worry: Sambitosh Mohaptra, PWC

The government has brushed aside arguments that electricity demand — one of the indicators of economic growth — in India is low and said the problem is of oversupply as companies had invested heavily for profits.

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Renewable Energy Boost: 4 Indian Solar, Wind Power Firms Plan to Raise $2.5 Billion in Offshore Bonds

Renewable Energy Boost: 4 Indian Solar, Wind Power Firms Plan to Raise $2.5 Billion in Offshore Bonds

Four Indian renewable power producers are planning to raise up to $2.5 billion via dollar bonds offshore because of caution among domestic lenders, banking sources said. In addition to the four solar and wind power firms, a fifth company that invests in renewable projects, Adani Group

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Hindustan Powerprojects, Lanco In Dispute Over Bank Guarantees

Hindustan Powerprojects, Lanco In Dispute Over Bank Guarantees

Hindustan Powerprojects has begun to invoke Rs. 500 crore bank guarantees of Lanco Infratech, citing non-fulfilment of a work contract, triggering abitter row between the companies.

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India: ACME Solar Receives $108m Funding Injection From Piramal

India: ACME Solar Receives $108m Funding Injection From Piramal

ACME Solar, an Indian developer of solar power projects, has secured a flexible line of credit worth INR 7 billion ($108 million) from Piramal Finance, which is a subsidiary of Indian investment group Piramal Enterprises Ltd.

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GMR, B’desh To Sign Deal To Evacuate Power

GMR, B’desh To Sign Deal To Evacuate Power

GMR Upper Karnali Hydropower, the developer of the 900 MW Upper Karnali Hydroelectric Project, is preparing to sign a power purchase agreement (PPA) with the Bangladeshi government to evacuate energy produced by the scheme to Bangladesh via India, GMR officials said.

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Energy Minister Starts Website to Help Industries

Energy Minister Starts Website to Help Industries

Energy minister K Kala Venkata Rao said that his department is carrying out an exercise to reduce the electricity charges to fulfill the assurance made by Chief Minister N Chandrababu Naidu.

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GEECL To Invest  $1BN IN Indian CBM Sector

GEECL To Invest  $1BN IN Indian CBM Sector

India’s oldest coalbed methane producer Great Eastern Energy Corporation (GEECL) plans to invest $1bn in the next five years to further tap into the unconventional energy resources of India, the UK-listed company’s CEO Prashant Modi said in a statement July 5.

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Vietnam Renews India Oil Deal In Tense South China Sea

Vietnam Renews India Oil Deal In Tense South China Sea

Vietnam has extended an Indian oil concession in the South China Sea and begun drilling in another area it disputes with China in moves that could heighten tensions over who owns what in the vital maritime region.

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Cabinet May Decide On HPCL Stake Sale To ONGC This Month

Cabinet May Decide On HPCL Stake Sale To ONGC This Month

The Cabinet is likely to consider this month sale of government's 51 per cent stake in Hindustan Petroleum Corp Ltd (HPCL) to Oil and Natural Gas Corp (ONGC) for over Rs 26,000 crore.

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France 'to End Sales Of Petrol, Diesel Vehicles By 2040'

France 'to End Sales Of Petrol, Diesel Vehicles By 2040'

France will end sales of petrol and diesel vehicles by 2040 as part of an ambitious plan to meet its targets under the Paris climate accord, new Ecology Minister Nicolas Hulot announced Thursday.

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Ndb Has 23 Projects In Pipeline... Six Of Them In India: Prez Kamath

Ndb Has 23 Projects In Pipeline... Six Of Them In India: Prez Kamath

The BRICS' New Development Bank has 23 new projects amounting to $six billion in the pipeline for financing, including six ventures in India valued at $1.8 billion, the bank's President K V Kamath said on Thursday.

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Global Crude oil price of Indian Basket was US$ 48.16 per bbl on 05.07.2017

Global Crude oil price of Indian Basket was US$ 48.16 per bbl on 05.07.2017

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$ 48.16 per barrel (bbl) on 05.07.2017.

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‘No-purchase’ Agitation by Petrol Dealers Receives Partial Response

‘No-purchase’ Agitation by Petrol Dealers Receives Partial Response

THE ‘no-purchase’ agitation called by the Pune Petroleum Dealers Association and the All India Petrol Dealers Association (AIPDA) received a partial response in Maharashtra

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Oil Firm Responsible For Defective Cylinder

Oil Firm Responsible For Defective Cylinder

Ravindra Rao was a liquefied petroleum gas (LPG) consumer of Indian Oil Corporation through its distributor, Shree Enterprises.

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Saudis Tighten Noose Around Qatar, But There is One Area Where Its Ostracism Campaign is Falling Short: Energy

Saudis Tighten Noose Around Qatar, But There is One Area Where Its Ostracism Campaign is Falling Short: Energy

Qatar’s neighbors are trying to isolate it from the outside world by cutting off transport and diplomatic links. There’s one major area where their ostracism campaign is falling short: energy. Qatar is the world’s fourth-biggest energy supplier and wealthiest country by per capita income.

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Railways' New 'give It Up' Campaign: Soon, Forgo Train Ticket Subsidy

Railways' New 'give It Up' Campaign: Soon, Forgo Train Ticket Subsidy

Taking a cue from the petroleum ministry, the Indian Railways is set to launch a 'Give-It-Up' campaign that will give travellers the option to forgo the subsidy on their train tickets.

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Railways To Offer Option To Senior Citizen To Avail Half Of Fare Concession To Slash Rs 1,300 Subsidy

Railways To Offer Option To Senior Citizen To Avail Half Of Fare Concession To Slash Rs 1,300 Subsidy

Now senior citizens will have the option to avail either the full concession provided to them on rail tickets or half of it.

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Railways To Offer Option To Senior Citizen

Now senior citizens will have the option to avail either the full concession provided to them on rail tickets or half of it.

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Now, Government Wants You To Give Up Rail Fare Subsidy

Now, Government Wants You To Give Up Rail Fare Subsidy

After the success of the 'Give-It-Up' campaign on cooking gas subsidy , the government has drawn up a similar plan for rail fares, giving passengers the option to voluntarily forego the subsidy on tickets.

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Three Changed, Nine More on Rename Demand List

Three Changed, Nine More on Rename Demand List

Justified or not, it is notable how in the last couple of months, the railways department has received demands to change names of nine railway stations in the city.

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New Security System For 7 ECR Stations

New Security System For 7 ECR Stations

The East Central Railway is at work to bring seven major railway stations falling under its jurisdiction under an Integrated Security System (ISS).

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Metro Prepares Completion Calendar For City Projects

Metro Prepares Completion Calendar For City Projects

Metro Railway has released a detailed calendar with tentative dates for completion of ongoing projects in the city. Denying allegations that the projects have got inordinately delayed, Metro has announced that five projects totalling 87.38km are under various stages of progress and would be completed on schedule.

 

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Working For Pollution-Free Coal Transportation: Min

Working For Pollution-Free Coal Transportation: Min

Railway minister Suresh Prabhu on Wednesday said that the ministry along with Konkan Railway is keen on identifying a solution to prevent pollution while transporting coal from Mormugao Port Trust (MPT) to steel plants in the Bellary-Hospet region of Karnataka.

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Railway Hospital opening on July 14

Railway Hospital opening on July 14

Railway Board Chairman AK Mittal will inaugurate the 50-bedded railway hospital established at the Carriage Repair Shop (CRS) in Renigunta on July 14.

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DLF to Revive Rs 750 Crore, 2.5m sqft Chennai IT SEZ

DLF, India's largest realty company , is gearing up to revive its dormant IT SEZ project at Taramani, Chennai. The company originally bagged the project through a global tender floated by state-owned Tidco in 2006-07

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China to Launch Land Freight Service With Pakistan Through CPEC, Could Prove Worrisome For India

China to Launch Land Freight Service With Pakistan Through CPEC, Could Prove Worrisome For India

China is planning to launch a road and rail freight service to Pakistan through the multi-billion dollar China-Pakistan Economic Corridor (CPEC), a move which could raise concerns in India.

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