​GOOD MORNING INDIA!

November 14, 2018, Wednesday

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

From Railways Projects, Nuclear Energy To CPSE Employees Pay Hike, Here Are Top 15 Proposals Cleared By PM Narendra Modi Led Cabinet

From Railways Projects, Nuclear Energy To CPSE Employees Pay Hike, Here Are Top 15 Proposals Cleared By PM Narendra Modi Led Cabinet

Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi on Thursday cleared a host of key projects of national importance.

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Cabinet Allows Government’s Stake In Hindustan Petroleum To Be Sold To ONGC

Cabinet Allows Government’s Stake In Hindustan Petroleum To Be Sold To ONGC

The Union Cabinet on Wednesday approved the sale of the government’s 51.11% stake in Hindustan Petroleum Corporation Ltd in-principle to the Oil and Natural Gas Corporation, PTI reported.

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Birth Of An Oil Giant: Six Reasons Why HPCL-ONGC Deal Is Important

Birth Of An Oil Giant: Six Reasons Why HPCL-ONGC Deal Is Important

Just a few months after Finance Minister Arun Jaitley announced creating an oil behemoth in his budget speech in February, the Union Cabinet today approved the plan to sell government's 51 per cent stake in state-refiner HPCL to explorer ONGC.

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CBI Files Fresh Case Against Monnet Ispat In Coal Scam

CBI Files Fresh Case Against Monnet Ispat In Coal Scam

The CBI has registered a fresh case in the ongoing investigation in the coal scam against Monnet Ispat and Energy Limited for alleged irregularities in the operation and allocation of coal blocks to the company.

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NTPC A Key Enabler Of India's Electricity Transformation

NTPC A Key Enabler Of India's Electricity Transformation

A recent Morgan Stanley report has downgraded the Indian utilities industry. It highlighted that renewable energy is becoming so cheap that thermal power, mostly coal, is uncompetitive.

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Tata Power To Invest $90 Million In Renewable Energy Arm TPREL

Tata Power To Invest $90 Million In Renewable Energy Arm TPREL

Tata Power Co. Ltd plans to invest around $90 million (close to Rs600 crore) in equity capital in its renewable energy arm Tata Power Renewable Energy Ltd (TPREL) as the company seeks to develop its immediate pipeline of 320 megawatts (MW) of solar assets, two people aware of the development said.

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Power Crisis Looms In North As 4 Projects On Sutlej Shut

Power Crisis Looms In North As 4 Projects On Sutlej Shut

Four major power projects - the 1,500 MW Nathpa Jhakri, 412 MW Rampur, 1,000 MW Karcham-Wangtu and 120 MW Bhaba - were shut down for flushing out high content of silt being discharged in the Sutlej and its tributaries since the last night.

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Wind Power: After Uttar Pradesh, Andhra Pradesh, Discoms, Bescom In Karnataka Cancels PPAS

Wind Power: After Uttar Pradesh, Andhra Pradesh, Discoms, Bescom In Karnataka Cancels PPAS

Toeing the line of electricity distribution companies in Uttar Pradesh and Andhra Pradesh, Karnataka-based discom Bescom has cancelled the power purchase agreements (PPAs) of 75.6 MW wind power projects commissioned before March 31.

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DERC To Hold Public Hearing On Power Tariff Hike In Delhi Tomorrow

DERC To Hold Public Hearing On Power Tariff Hike In Delhi Tomorrow

The Delhi Electricity Regulatory Commission (DERC) will on Thursday hold a public hearing on power tariff increase petitions filed by state distribution companies.

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Coal Import From Canada May Rise As Steelmaking Makes Headway

Coal Import From Canada May Rise As Steelmaking Makes Headway

Import of coking coal from Canada is likely to rise in future keeping pace with the increase in steelmaking capacity in India, the Steel Ministry said in a statement today.

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BHEL Wins ICAI National Award For Excellence In Cost Management

BHEL Wins ICAI National Award For Excellence In Cost Management

Beating a host of public and private sector companies, Maharatna engineering and manufacturing enterprise, Bharat Heavy Electricals Limited (BHEL) has been conferred the ‘ICAI National Award for Excellence in Cost Management 2016’.

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NITI Aayog’s Draft Energy Policy Shows We Still Remain A Country Of Coal Men

NITI Aayog’s Draft Energy Policy Shows We Still Remain A Country Of Coal Men

India’s draft National Electricity Plan released by the Central Electricity Authority (CEA) late last year got worldwide news coverage.

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Over 1,000 Pledge To ‘solarise’ Rooftops

Over 1,000 Pledge To ‘solarise’ Rooftops

A total of 1,043 Delhiites signed the pledge after Greenpeace launched the awareness campaign on World Environment Day on June 5.

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Dirty Diesel: How Bad Is It Really And Can We Do Without It?

Dirty Diesel: How Bad Is It Really And Can We Do Without It?

It’s easy to slam diesel for being the root of the world’s pollution woes. Let’s face it, the fuel has caused considerable harm to the environment.

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U.S. Crude, Gasoline Stocks Drop Sharply

U.S. Crude, Gasoline Stocks Drop Sharply

U.S. crude stocks dropped more than expected last week, while gasoline and distillate inventories also fell sharply, data from the Energy Information Administration showed on Wednesday.

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Indigenous Tech For Biofuels May Emerge Soon, Says Dharmendra Pradhan

Indigenous Tech For Biofuels May Emerge Soon, Says Dharmendra Pradhan

The government is hopeful that a new model regarding the use of biofuels and developed through indigenous technology would emerge in the coming days, Petroleum Minister Dharmendra Pradhan said today.

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Global Crude Oil Price Of Indian Basket Was US$ 47.36 per bbl on 18.07.2017

Global Crude Oil Price Of Indian Basket Was US$ 47.36 per bbl on 18.07.2017

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$ 47.36 per barrel (bbl) on 18.07.2017.

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ONGC And RIL-Shell Counter Oil Ministry’s Claim For Profit Dues

ONGC And RIL-Shell Counter Oil Ministry’s Claim For Profit Dues

A consortium of Reliance Industries Ltd-Shell India and Oil and Natural Gas Corp. (ONGC), producing oil and gas from the Panna-Mukta-Tapti fields, has disputed a collective demand of $3 billion by the oil ministry as shortfall in its share of profit.

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Incited Locals Obstructed Damage Control In Kathiramangalam Oil Leak: ONGC

Incited Locals Obstructed Damage Control In Kathiramangalam Oil Leak: ONGC

Top executives from oil and gas producer ONGC sought to dispel doubts raised by protesting farmers in Tamil Nadu that the company was extracting shale gas or coal bed methane from Kathiramangalam village in Thanjavur district at a press conference here.

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IGL To Lay City Gas Distribution Network In A Part Of District Gurugram

IGL To Lay City Gas Distribution Network In A Part Of District Gurugram

Indraprastha Gas Limited (IGL), The supplier of Compressed Natural Gas (CNG) and Piped Natural Gas (PNG) in Delhi, Noida and Greater Noida said in Wednesday that it has received permission from the state government of Haryana to lay City Gas Distribution (CGD) network in a part of Distt. Gurugram.

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Mega Refinery: BPCL Expects Smooth Run With Green Approvals

Mega Refinery: BPCL Expects Smooth Run With Green Approvals

Bharat Petroleum Corporation chairman D Rajkumar today exuded confidence that the proposed Rs 2-trillion mega refinery in the ecologically sensitive Konkan belt will get green nod and hopes to complete the world's largest refinery complex in four years.

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Flat Refining Margins, Lower Crude Prices May Weigh On Oil Firms’ Earnings

Flat Refining Margins, Lower Crude Prices May Weigh On Oil Firms’ Earnings

Seven oil and gas firms are expected to report a 17 percent decline in revenue in the quarter-ended June over the previous three months. Net profit is expected to remain flat, while earnings before interest, depreciation and amortisation may rise 27 percent, according to Bloomberg consensus estimates.

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India Port Project Expects LNG Supply From Canada

India Port Project Expects LNG Supply From Canada

The announcement comes amid long-standing frustrations among those who want to see Canadian natural gas reach new international markets with an LNG export industry, which has failed to materialize.

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Patna Court Vacates Stay On BPCL Order Terminating Licence Of Tej Pratap Petrol Pump

Patna Court Vacates Stay On BPCL Order Terminating Licence Of Tej Pratap Petrol Pump

A Patna court on Tuesday vacated the interim stay on execution of a Bharat Petroleum Corporation Limited (BPCL) order, terminating the petrol pump licence of Bihar health minister and elder son of RJD chief Lalu Prasad.

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Sagarmala Project To Boost Gdp By 2 Percent: Global Ocean Group

Sagarmala Project To Boost Gdp By 2 Percent: Global Ocean Group

Logistics solutions provider Global Ocean Group on Wednesday said the government's ambitious Sagarmala project will add 2 percent to the country's GDP.

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Many Foreign Railways Keen To Redevelop Stations

Many Foreign Railways Keen To Redevelop Stations

A large number of foreign railways have shown a keen interest in Station Redevelopment Programme, Lok Sabha was told today.

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Soon, Cheaper Generic Drugs At Railway Stations

Soon, Cheaper Generic Drugs At Railway Stations

People can soon buy generic drugs at cheaper prices from railway stations, the government informed Parliament today.

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Extra Privileges For Foreigners On Indian Trains

Extra Privileges For Foreigners On Indian Trains

The Indian Railways has made train travel easy for foreign nationals and NRIs by offering confirmed accommodation in upper classes of all trains one year in advance.

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ASSOCHAM Seeks Relaxation Of Bank Guarantee Norms For Ship Construction Orders

ASSOCHAM Seeks Relaxation Of Bank Guarantee Norms For Ship Construction Orders

As per the latest policy changes incorporated in June this year, the shipyards, to which the contract is awarded are required to furnish performance cum Warranty Bank Guarantee (PWBG) of 10 percent of the value of the contract.

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Feedback Infrastructure Bags DPR Contract For Nagpur-hyderabad-bengaluru Expressway

Feedback Infrastructure Bags DPR Contract For Nagpur-hyderabad-bengaluru Expressway

Provider of infrastructure services, Feedback Infra has been allotted the task of preparing the Detailed Project Report (DPR) for the proposed Nagpur to Hyderabad to Bengaluru expressway, making the assignment, the largest ever for the infrastructure company.

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Unruly Passenger Punches LCD Screen On Tejas Express, Coughs Up Rs 25,000 In Damages

Unruly Passenger Punches LCD Screen On Tejas Express, Coughs Up Rs 25,000 In Damages

The high-end superfast Mumbai-Goa Tejas Express continues to be a victim of unruly passengers. After complaints of passengers stealing headphones from the train, reports suggest that a youth, part of a five-member group, punched an LCD screen so hard that it got damaged.

 

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Hop On To This Train At Mumbai CST To Know More About Science

Hop On To This Train At Mumbai CST To Know More About Science

The informative Science Express Climate Action train arrived at Chhatrapati Shivaji Maharaj Terminus (CST) on Wednesday. You can visit the train till Sunday.

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This Lady Cop Reunites Lost People At Delhi Metro With Family

This Lady Cop Reunites Lost People At Delhi Metro With Family

In Delhi, 18 children go missing every day and four of them are never traced, says Alliance for People's Rights, a NGO. The average number of children missing each year works out to be around 6,000, according to one estimate.

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EIB Approves €12 Bn For Transport, Energy, Infrastructure

EIB Approves €12 Bn For Transport, Energy, Infrastructure

The European Investment Bank (EIB) has approved new financing worth €12.4 billion for projects in transport, including a new metro line in Paris, infrastructure and energy, the bank said on Tuesday (18 July).

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Indian Railways Could Transform In Two-three Years; World Bank To Help It Plan Rs 5 Lakh Crore Investment

Indian Railways Could Transform In Two-three Years; World Bank To Help It Plan Rs 5 Lakh Crore Investment

The World Bank will help orchestrate the Indian Railways ambitious Rs 5 lakh crore investment for a grand revamp, transforming the 164-year old network and making it a key contributor to the country's growth.

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Local Train Hits Buffer At Sealdah Station, No Casualty

Local Train Hits Buffer At Sealdah Station, No Casualty

An EMU local hit the buffer of a platform at the Sealdah terminal station here, causing derailment of two wheels of a compartment, an Eastern Railway official said.

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7th Pay Commission: Incentive Bonus To Be Revised, Check Railway Pay Matrix Table

7th Pay Commission: Incentive Bonus To Be Revised, Check Railway Pay Matrix Table

Following the implementation of the 7th Pay Commission, the Railways has notified the revised pay matrix. A notification by the Railways says, "In exercise of powers conferred by the proviso of Article 309 of the Constitution, the President hereby makes the following rules in amendment to the Railway Services (Revised Pay) Rules, 2016 namely.

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Quick Action Teams Posted At Railway Stations

Quick Action Teams Posted At Railway Stations

The Danapur division of East Central Railway (ECR) held a high-level meeting on Monday to take stock of security arrangements made by Railway Protection Force (RPF) at all major and small stations under it during the month of 'Shrawani Mela'.

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Railways Alive, But Not Kicking; Here Is What Will Get It Running

Railways Alive, But Not Kicking; Here Is What Will Get It Running

Much to the credit of PM Narendra Modi and Railways minister Suresh Prabhu, not only has the colonial era separate rail budget been scrapped.

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Agriculture Biggest Strength Of Economy; Bamboo Policy Soon: Gadkari

Agriculture Biggest Strength Of Economy; Bamboo Policy Soon: Gadkari

Terming agriculture as the biggest strength of Indian economy, Union Minister Nitin Gadkari today wondered how could the previous government spend Rs 70,000 crore for buying aircraft at a time when several states did not have irrigation facilities.

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