​GOOD EVENING INDIA!

November 21, 2018, Wednesday

MISSED THE NEWS BUZZ IN ENERGY AND INFRASTRUCTURE? CATCH ALL STORIES THAT HAVE MADE HEADLINES DURING THE DAY

Tata And Essar Plants in Gujarat Fit For Takeover: NTPC 

Tata And Essar Plants in Gujarat Fit For Takeover: NTPC 

The stressed imported-coal based power plants of Tata Power and Essar Power in Gujarat are fit to be taken over and can be operated without technical glitches, state-run NTPC has found in its technical assessment.

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The Energy Sector’s Success And Challenges

The Energy Sector’s Success And Challenges

The second turbine of 660MW was commissioned a few days back. While it is highly commendable that the energy crisis situation is about to end with the completion of many projects that are under implementation, there are challenges that remain and would have to be sorted out.

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UP Nudges Solar Companies to Cut Power Tariff on Older Pacts 

UP Nudges Solar Companies to Cut Power Tariff on Older Pacts 

Following a steep fall in solar tariffs in the last two years, Uttar Pradesh is pressuring solar power project developers to cut rates of electricity agreed upon in earlier contracts even though the pacts were signed when equipment prices were high.

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Andhra Pradesh Mulls Floating Solar Power Plant at Mudasarlova

Andhra Pradesh Mulls Floating Solar Power Plant at Mudasarlova

The Greater Visakhapatnam Municipal Corporation (GVMC) has planned to set up India's largest floating solar power plant at Mudasarlova reservoir as part of the Smart City project.

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Indian Thermal Plants Becoming Costly Affairs

Indian Thermal Plants Becoming Costly Affairs

India's ultra thermal plants, designed to run on foreign coal, may no longer afford to do so economically in the future, says a top financial analyst with a leading US-based institute.

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Indore: ‘India Front-Runner In Fight Against Climate Change

Indore: ‘India Front-Runner In Fight Against Climate Change

India is emerging as a frontrunner in the global fight against climate change, the World Bank has said, noting that the solar power is gradually displacing coal as an energy source in the Asian country.

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GE Arm In Talks To Invest In Avaada Power’s Renewable Energy Projects

GE Arm In Talks To Invest In Avaada Power’s Renewable Energy Projects

GE Energy Financial Services (GEEFS) is expanding its Indian renewable energy portfolio and is in talks with Avaada Power to invest in the renewable energy projects of the Vineet Mittal-promoted firm, two people aware of the development said.

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Haryana To Produce Energy From Liquid Waste

Haryana To Produce Energy From Liquid Waste

In order to tackle the problem of silt collected in sewerages, Haryana government would explore the possibility of generating energy from liquid waste in the urban areas of the state

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Prices Of Appliances Under UJALA Revised After GST Comes Into Effect

Prices Of Appliances Under UJALA Revised After GST Comes Into Effect

The prices of energy efficient appliances distributed under the Government of India's Unnat Jeevan by Affordable LEDs and Appliances for All (UJALA) scheme have been revised, owing to the rollout of the Goods & Services Tax (GST).

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Gujarat Meet Today On Rescue Plan For Tata And Adani Power Plants

Gujarat Meet Today On Rescue Plan For Tata And Adani Power Plants

The Gujarat government is scheduled to discuss with lenders on Monday a future course for the Tata and Adani groups' imported coal-fired power plants that have fallen into dire straits.

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Shell Says It Will Spend $1 Billion Per Year On Clean Energy By 2020

Shell Says It Will Spend $1 Billion Per Year On Clean Energy By 2020

Royal Dutch Shell Plc plans to spend as much as $1 billion a year on its New Energies division as the transition toward renewable power and electric cars accelerates.

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Coal Secretary Susheel Kumar Dedicates Railway Line For Coal Evacuation To Nation

Coal Secretary Susheel Kumar Dedicates Railway Line For Coal Evacuation To Nation

Union coal secretary Susheel Kumar dedicated the much-awaited Piparwar- McCluskieganj railway project to the nation by flagging off a goods train at Rajdhar siding in Piparwar district of Jharkhand, a Central Coalfields Limited (CCL) press release said.

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World Bank Says India is Emerging Front Runner in Global Fight Against Climate Change

World Bank Says India is Emerging Front Runner in Global Fight Against Climate Change

The World Bank has said that India is emerging as a front runner in the global fight against climate change. It further observed that the solar power is gradually displacing coal as an energy source in the country.

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Danfoss India Conferred With Golden Peacock Environment Management Award

Danfoss India Conferred With Golden Peacock Environment Management Award

Climate and energy efficiency solutions company Danfoss India has been conferred with the ‘Golden Peacock Award’ for Environment Management.

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BPCL Plans to Buy first U.S. Crude via Tender Document 

BPCL Plans to Buy first U.S. Crude via Tender Document 

Indian refiner Bharat Petroleum Corp Ltd plans to buy its first ever cargo of crude oil from the United States, a tender document showed on Monday. BPCL is seeking at least 1 million barrels of crude either for loading on Aug. 16-Sept.5 or delivery on Sept. 26-Oct. 15, it said. 

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Indian Oil Corp to Set up a Bio-Ethanol Facility at Panipat Refinery

Indian Oil Corp to Set up a Bio-Ethanol Facility at Panipat Refinery

Indian Oil Corp (IOC) will spend Rs 350 crore to set up a bioethanol facility at Panipat Refinery in alliance with LanzaTech of the US to convert waste gas from its Panipat refining unit to ethanol. Indian OilBSE 0.18 % has signed a preliminary pact with LanzaTech to build the world’s first bioethanol facility, IOC said in a statement. 

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IndianOil and LanzaTech Sign a Statement of Intent to Construct

IndianOil and LanzaTech Sign a Statement of Intent to Construct

Indian Oil Corporation Limited (IndianOil), India’s flagship national oil company and, LanzaTech, carbon recycling company, have signed a Statement of Intent to construct the world’s first refinery off gas-to-bioethanol production facility in India.

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Qatar Says LNG Exports Not Affected By Gulf Boycott

Qatar Says LNG Exports Not Affected By Gulf Boycott

Qatar's exports of liquefied natural gas (LNG) to Japan, India, South Korea and China have not been affected by a boycott of Doha by four Arab states, Energy Minister Mohammed al-Sada said in a statement on Monday.

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Global Crude Oil Price of Indian Basket Was US$ 46.12 per bbl on 07.07.2017

Global Crude Oil Price of Indian Basket Was US$ 46.12 per bbl on 07.07.2017

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$ 46.12 per barrel (bbl) on 07.07.2017.

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Dharmendra Pradhan Meets US Secretary Of State At WPC International Conference In Istanbul

Dharmendra Pradhan Meets US Secretary Of State At WPC International Conference In Istanbul

Union Minister of State for Petroleum and Natural Gas Dharmendra Pradhan on Sunday held meeting with the US Secretary of State and Energy Ministers around the world at the opening ceremony of 22nd World Petroleum Congress (WPC) International Conference in Istanbul, Turkey.

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Oil Edges Up But Market Still Under Pressure

Oil Edges Up But Market Still Under Pressure

Oil prices recovered some losses on Monday after a 3 percent fall in the previous session, but markets remain under pressure from high drilling activity in the United States and ample supplies from producer club OPEC.

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Income Tax Department To Attach Shares If Cairn Doesn't Pay Rs 10,395 Crore Tax

Income Tax Department To Attach Shares If Cairn Doesn't Pay Rs 10,395 Crore Tax

The tax department has slapped a fresh notice on UK's Cairn Energy Plc seeking to take over the firm's residual 9.8 per cent stake in its erstwhile Indian subsidiary to recover Rs 10,395 crore retrospective tax demand.

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India Buys First Ever U.S. Crude Oil, To Step Up Purchases

India Buys First Ever U.S. Crude Oil, To Step Up Purchases

India, the world's third-largest oil importer, will import crude oil from the United States for the first time after Indian Oil Corp bought a cargo that will be delivered in October.

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ONGC Videsh Gets 2-year Extension For Exploring Vietnamese Oil Block

ONGC Videsh Gets 2-year Extension For Exploring Vietnamese Oil Block

ONGC Videsh Ltd, the overseas arm of Oil and Natural Gas Corp (ONGC), has got a two-year extension to explore a Vietnamese oil block in the contested waters of the South China Sea.

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Oil Recovers Some Losses But Market Still Under Pressure

Oil Recovers Some Losses But Market Still Under Pressure

Oil prices recovered some losses on Monday after a 3 percent fall in the previous session, but markets remain under pressure from high drilling activity in the United States and ample supplies from producer club OPEC.

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Oil Could Hit $60 Before Year-end -barron's, Citing Citi Analyst

Oil Could Hit $60 Before Year-end -barron's, Citing Citi Analyst

Accelerating world oil demand and reduced supply from the Organization of the Petroleum Exporting Countries (OPEC) could push crude prices up to $60 a barrel before the end of the year, according to a report from Barron`s.

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Reliance Exits Peru Oil Block

Reliance Exits Peru Oil Block

Reliance Industries has pulled out of the last oil block it held in Peru, trimming its overseas assets to just two properties in Myanmar. The billionaire Mukesh Ambani-led firm had in 2007 set up Reliance Exploration and Production (REP) DMCC primarily for acquiring overseas assets.

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Changing Names Of Mumbai Railway Stations: Why It Is A Good Move

Changing Names Of Mumbai Railway Stations: Why It Is A Good Move

The recent changes in the names of two Mumbai railway stations has created a quite an uproar. First the name of Chatrapati Shivaji Terminus (CST) was changed to Chatrapati Shivaji Maharaj Terminus and Elphinstone Road railway station’s name was changed to Prabhadevi railway station.

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Manduadih-Rameswaram Weekly Express Tops India's Most-delayed Trains List

Manduadih-Rameswaram Weekly Express Tops India's Most-delayed Trains List

Indian Railways is notorious for its trains running behind schedule. However, which train in particular causes the most hardship for passengers? That would be the Manduadih-Rameswaram Weekly Express, according to a survey conducted by travel search application Ixigo. The express tops the list of trains that run late with the highest average delay time of 11.5 hours.

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Annual Investment In Railways Has Doubled Since 2014, Says Suresh Prabhu

Annual Investment In Railways Has Doubled Since 2014, Says Suresh Prabhu

Indian Railways has been actively pursuing modernisation and expansion, and it has taken a number of reforms to improve transparency and efficiency.

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PM Narendra Modi To Meet State Chief Secretaries To Push Development Agenda

PM Narendra Modi To Meet State Chief Secretaries To Push Development Agenda

Prime Minister Narendra Modi is slated to meet all chief secretaries together -- probably for the first time -- on Monday to fast-track all-round development of states by taking a cohesive approach.

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Greenko To Raise $1 Billion Via Asia's Largest Green Bond

Greenko To Raise $1 Billion Via Asia's Largest Green Bond

Less than a year after its last offering, India's leading clean energy company, Greenko, is raising around $1 billion via offshore dollar bonds -- the largest green bond from a corporate entity in Asia till date.

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'GST to Help MSMEs to Compete With Cheap Imports From China, Others'

'GST to Help MSMEs to Compete With Cheap Imports From China, Others'

With the Goods and services tax (GST) comes into effect from 1 July, the micro, small and medium enterprises (MSMEs) would be able to compete with foreign competition coming from cheap cost centers such as China, Philippines, and Bangladesh, the Associated Chambers of Commerce and Industry of India (ASSOCHAM) said on Sunday.

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Railways To Promote Small Entrepreneurs In Big Way

Railways To Promote Small Entrepreneurs In Big Way

The Indian Railways has taken a big step to promote micro and small enterprises by reserving 358 items including cleaning apparatus, stationery and leather items exclusively for procurement from the MSE sector.

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One Debt, One Road – The Silk Road to Debt Trap

One Debt, One Road – The Silk Road to Debt Trap

What immediately comes to our mind are those grand shows they put up on world stage. But, as they always say, devil is in the detail.

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Tatkal Booking, Cancellation Rules: Railways Issues Clarification

Tatkal Booking, Cancellation Rules: Railways Issues Clarification

Indian Railways has issued a clarification saying there has been no changes in Tatkal and other ticket reservation rules from July 1.

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New Gallery Opened at Chennai Rail Museum

New Gallery Opened at Chennai Rail Museum

The gallery showcases rail heritage photos, scale models and three tier running models of different coaches. Referring to former ICF chief I Hydari as a "combination of technical competence and great leadership", a senior ICF official spoke about his valuable contribution to the development of Indian Railways.

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7/11 Train Blasts: Mumbai’s Lifeline More Secure Now, Still A Long Way To Go

7/11 Train Blasts: Mumbai’s Lifeline More Secure Now, Still A Long Way To Go

AT 6.30 pm on a weekday evening, Churchgate railway station is witness to the usual chaos, with commuters rushing to catch the first train home. In the bustle, door frame metal detectors (DFMD) installed at the entry and exit points near platform number 4 beep continuously.

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China Views Afghanistan-India Air Corridor As A Counter-balance To CPEC

China Views Afghanistan-India Air Corridor As A Counter-balance To CPEC

Chinese state-run daily Global Times on 25th June termed India’s efforts towards establishing trade linkages in the South Asian region as ‘geopolitical stubbornness’.

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Nabarangpur District Finds Place On Railway Map

Nabarangpur District Finds Place On Railway Map

With the Ministry of Railways sanctioning the new broad gauge (BG) line between Jeypore and Nabarangpur as per the announcement in the 2016-17 Railway Budget, Nabarangpur district will now come in the railway map of India.

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Indian Railways: Lower Berth In 3AC Coach To Be Reserved For Divyangs

Indian Railways: Lower Berth In 3AC Coach To Be Reserved For Divyangs

Indian Railways has been actively pursuing to provide world-class amenities to its passengers. In what is believed to be a historic move, the differently-abled passengers, whom Prime Minister Narendra Modi refer to as ‘Divyangs’ will not face any problem in getting a lower berth in Third AC coaches.

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IPFT Supporters Block National Highway And Railway Tracks In Assam, Demand Separate State For Tribals

IPFT Supporters Block National Highway And Railway Tracks In Assam, Demand Separate State For Tribals

The Indigenous People’s Front of Tripura (IPFT) leaders and supporters today blocked the Assam-Agartala national highway (NH) and railway tracks at Khamthingbari in West Tripura district, to demand for a separate state for the tribal people.

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