​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

Govt May Seek SBI Capital Markets’ Aid To Resolve Stressed Power Assets

Govt May Seek SBI Capital Markets’ Aid To Resolve Stressed Power Assets

The National Democratic Alliance (NDA) government is looking to take the assistance of SBI Capital Markets Ltd in its effort to tackle the issue of stressed assets in the power sector.

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India’s 1 GW Kurnool Solar Park on Verge of Grid Synchronization

India’s 1 GW Kurnool Solar Park On Verge Of Grid Synchronization

India will tomorrow become the home of the world’s largest operational solar PV plant when the 1 GW Kurnool solar park in the state of Andhra Pradesh is fully connected to the grid.

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Up’s Electricity Quest May Hold The Key To Indian Power Sector Revival

UP’s Electricity Quest May Hold The Key To Indian Power Sector Revival

The Bharatiya Janata Party (BJP) government’s promise to provide round- the-clock electricity from October 2018 in Uttar Pradesh may hold the key to revive India’s electricity demand.

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Power Grid Plans Reverse E-Auction To Appoint A Strategy Consultant

Power Grid Plans Reverse E-Auction To Appoint A Strategy Consultant

State-owned Power Grid Corp. of India Ltd (PGCIL) has invited bids from potential aspirants for the role of a a consultant in firming up its growth strategy.

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Tata To Sell British Pipe Mills To Liberty

Tata To Sell British Pipe Mills To Liberty

India’s Tata Steel has agreed to sell its pipe mills in the north of England to UK-based metals and industrial group Liberty House for an undisclosed sum.

 

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Coal Ministry Mulls Easing Evacuation Mode Before Third Tranche Of Linkage Auction

Coal Ministry Mulls Easing Evacuation Mode Before Third Tranche Of Linkage Auction

With the third tranche of linkage auction on the anvil, the coal ministry now wants to adopt a flexible mode of transportation using both the roadways and railways for easy evacuation of coal.

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Sri Lanka to go Ahead With LNG Plants of India, Japan

Sri Lanka To Go Ahead With LNG Plants Of India, Japan

Sri Lanka’s cabinet has approved a proposal to issue letters of intent to build two LNG power plants in the island.

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Damodar Valley Corporation Gets Member Finance After Two Years

Damodar Valley Corporation Gets Member Finance After Two Years

After a gap of more than two years the government has filled the post member finance at Damodar Valley Corporation on Tuesday.

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Global Crude Oil Price of Indian Basket Was US$ 45.64 Per bbl On 11.07.2017

Global Crude Oil Price Of Indian Basket Was US$ 45.64 Per bbl On 11.07.2017

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$ 45.64 per barrel (bbl) on 11.07.2017.

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Govt Eyes Rs 50,000 Cr Windfall; May Ask ONGC To Pay 40%-50% Premium For HPCL Stake Buyout

Govt Eyes Rs 50,000 Cr Windfall; May Ask ONGC To Pay 40%-50% Premium For HPCL Stake Buyout

The government seems to be eyeing not only long term strategic benefits, but also an immediate cash bonanza from its ambitious plan to create a giant energy company of the global scale.

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Energy Consumption in India to Double by 2035: Dharmendra Pradhan

Energy Consumption In India To Double By 2035: Dharmendra Pradhan

Energy consumption in India is expected to double by 2035 and the demand will continue to rise for more than a decade, Union Minister of Petroleum and Natural Gas Dharmendra Pradhan said on Wednesday.

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Need Affordable Oil Prices for Masses: Pradhan to Producers

Need Affordable Oil Prices For Masses: Pradhan To Producers

Petroleum Minister Dharmendra Pradhan has asked oil producing nations to price crude oil at "reasonable" levels to ensure availability of fuel to Indians at affordable rates.

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India Heavily Investing In Its Gas Distribution Network: Dharmendra Pradhan

India Heavily Investing In Its Gas Distribution Network: Dharmendra Pradhan

Union Minister of Petroleum and Natural GasDharmendra Pradhan on Tuesday said that India has invested heavily in its gas distribution network adding that in next five years, 15,000 km would be added to it.

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Dharmendra Pradhan Holds Bilateral Talks With Turkish Energy Minister

Dharmendra Pradhan Holds Bilateral Talks With Turkish Energy Minister

Union Minister of Petroleum and Natural Gas Dharmendra Pradhan held bilateral talks with Turkish Energy Minister Berat Albayrak on Tuesday, during which issues of bilateral energy cooperation, including renewable energy were discussed.

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India Wants $300 Billion in Oil Spending to Meet Growing Demand

India Wants $300 Billion In Oil Spending To Meet Growing Demand

India wants $300 billion in investments over the next 10 years to satisfy accelerating demand in the world’s fastest-growing oil market.

 

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'Crude' History Made As India Poised To Buy Its First Ever Cargo Of US Oil

'Crude' History Made As India Poised To Buy Its First Ever Cargo Of US Oil

A remarkable development is in the pipeline, as India – the world's third largest consumer of crude oil – is poised to buy its first ever cargo from the United States, Indian officials confirmed to IBTimes UK on Wednesday (12 July).

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India's Fuel Demand Rose 0.4 Percent In June

India's Fuel Demand Rose 0.4 Percent In June

India's fuel demand rose 0.4 percent in June compared with the same month last year.

 

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India Opens 2.8 Million sq. km For Oil, Gas Bidding

India Opens 2.8 Million sq. km For Oil, Gas Bidding

India has opened up 2.8 million sq. km of area for oil and gas bidding round of India under a new Open Acreage Licensing Policy and invited global companies for investment.

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Cabinet Approves Highway Linking Manipur With Myanmar

Cabinet Approves Highway Linking Manipur With Myanmar

The Union Cabinet on Wednesday approved upgradation of a 65-km-long National Highway in Manipur to boost the state’s connectivity with south and southeast Asia via Myanmar.

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Gadkari Promises Strict Action in NHAI Bribery Case

Gadkari Promises Strict Action in NHAI Bribery Case

The government has zero tolerance for corruption and strict action will be taken if any NHAI official is found guilty of taking bribe from US- based CDM Smith Inc, Union Minister Nitin Gadkari said today.

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Union Cabinet Meets to Clear key Proposals: Here Are The Key Takeaways

Union Cabinet Meets to Clear key Proposals: Here Are The Key Takeaways

Key proposals were approved and discussed in the Union Cabinet meeting that took place on Wednesday in New Delhi.

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India And China Must Mend Ties For The Greater Good

India And China Must Mend Ties For The Greater Good

Relations with neighbours are always essential to comprehend a nation’s standing in international relations. There are times when bordering states have differences but they iron them out using common ties and move towards a thaw.

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