​GOOD EVENING INDIA!

November 16, 2018, Friday

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

Coal India Will Shut Down High-risk Mines Beyond Mitigation

Coal India Will Shut Down High-risk Mines Beyond Mitigation

State-owned Coal India will close down high-risk mines that are beyond mitigation, Parliament was informed on Monday.

 

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Independent Power Generators Risk Coal Supply Deals By Skipping Auctions

Independent Power Generators Risk Coal Supply Deals By Skipping Auctions

Independent power generators that do not participate in the announced auction for coal supply or do not offer any discounts on existing tariffs will not get another chance to secure long term coal supply contracts from Coal India, the company has decided.

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14 Stalled Hydro Projects Leading To Cost Overrun Of Rs 25,594 Crore: Govt

14 Stalled Hydro Projects Leading To Cost Overrun Of Rs 25,594 Crore: Govt

Fourteen under construction hydro power projects of above 25 Mw have been stalled due to various reasons, leading to cost overrun of Rs 25,593.78 crore, the government said on Monday.

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Coal India Invites Power Producers For Linkage Auction

Coal India Invites Power Producers For Linkage Auction

State-run Coal India Ltd (CIL) has invited applications from independent power producers to take part in the auction of coal linkages under the Scheme for Harnessing and Allocating Koyala Transparently in India (Shakti), a notice said on Monday. The miner asked "interested entities" to register on the website of auction firm MSTC Ltd "on or before August 7, 2017. 

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IIT-bombay Develops Technology For Colour Coating Solar Glass Building

IIT-Bombay Develops Technology For Colour Coating Solar Glass Building

Indian Institute of Technology (IIT) Bombay has developed a technology that allows colour coating of solar glass buildings without affecting their energy-harvesting property.

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Carbon Footprint Cuts: Electric Vehicles Set To Get Big Boost From Narendra Modi Government; Know How It Will Impact You

Carbon Footprint Cuts: Electric Vehicles Set To Get Big Boost From Narendra Modi Government; Know How It Will Impact You

Close to half of the motor vehicles on Indian roads will run on electricity by 2030, if the meets the goals set under under action plan to curb use of fossil fuels.

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Britain Launches First Phase Of Energy Storage Investment

Britain Launches First Phase Of Energy Storage Investment

Business minister Greg Clark will launch the first phase of a 246 million pound investment into battery technology on Monday, part of the government's industrial strategy to boost productivity and spread wealth in Britain.

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Global Crude Oil Price of Indian Basket Was US$ 48.10 per bbl on 21.07.2017

Global Crude Oil Price of Indian Basket Was US$ 48.10 per bbl on 21.07.2017

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$ 48.10 per barrel (bbl) on 21.07.2017.

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Govt To Sell Entire Stake In HPCL To ONGC, Says Oil Minister Dharmendra Pradhan

Govt To Sell Entire Stake In HPCL To ONGC, Says Oil Minister Dharmendra Pradhan

Hindustan Petroleum Corp Ltd (HPCL) will become India’s third largest oil refiner after state-owned ONGC acquires government’s entire 51.11% stake, oil minister Dharmendra Pradhan said on Monday.

 

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Brand HPCL Will Remain Intact As It Is: Dharmendra Pradhan, Oil Minister

Brand HPCL Will Remain Intact As It Is: Dharmendra Pradhan, Oil Minister

Today you have presented the papers which will in a way formalise the ONGC-HPCL merger. Help us understand the timelines for it and how the valuations will be done?

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Essar Projects Commissions Coke Drum Structure Packages For BPCL’s Kochi Refinery

Essar Projects Commissions Coke Drum Structure Packages For BPCL’s Kochi Refinery

Essar Projects India Ltd. (EPIL), a leading EPC contractor, today announced the successful testing and commissioning of the Coke Drum Structure Package (CDSP) for Bharat Petroleum Corporation Limited’s Kochi Refinery (BPCL-KR). The contract value of this package is Rs. 645 crores.

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Mjunction Appointed To Build A Platform For E-bidding, E-Evaluation Of Bids And E-allocation Of Oil & Gas Fields

Mjunction Appointed To Build A Platform For E-Bidding, E-Evaluation Of Bids And E-Allocation Of Oil & Gas Fields

mjunction services limited, one of the country's largest e-commerce companies and a 50:50 joint venture between Steel Authority of India Ltd and Tata Steel, has been appointed by the Directorate General of Hydrocarbons (DGH) to build a platform for e-bidding, e-evaluation of bids, and e-allocation of oil and gas fields.

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Southchinasea: Vietnam Ends Drilling In Gas Field Over China Threats

Southchinasea: Vietnam Ends Drilling In Gas Field Over China Threats

Strong threats from China have led Vietnam to reportedly end a gas-drilling expedition in a disputed area of the South China Sea.

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Rajasthan Police Bust Gang That Stole Crude Oil From Cairn India

Rajasthan Police Bust Gang That Stole Crude Oil From Cairn India

The Rajasthan police have arrested 31 persons and claimed to have busted an inter—state syndicate that allegedly stole crude oil worth crores of rupees from Cairn India’s oilfield in Barmer over the past several years.

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Natural Gas Production Up 6.05% During June

Natural Gas Production Up 6.05% During June

Natural gas production during June 2017 was 6.05 per cent higher than production during June 2016. According to an official statement from the Ministry of Petroleum and Natural Gas, India’s gas production during June 2017 stood at 2,755.48 MMSCM.

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Today's OPEC Meet May Set Floor For Crude Prices For The Near Term

Today's OPEC Meet May Set Floor For Crude Prices For The Near Term

Oil prices failed to move higher last week and the upward momentum faded in the light of increasing Opec output. US oil production also continued to inch up while US oil inventories fell across the board.

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ONGC, OIL Push Crude Oil Output Up By 0.24%, Natural Gas By 4%

ONGC, OIL Push Crude Oil Output Up By 0.24%, Natural Gas By 4%

The country's crude oil output rose 0.24 per cent and natural gas production was up 4.04 per cent in the June quarter of 2017 due to a push from state-run companies like Oil and Natural Gas Corporation (ONGC) and Oil India (OIL).

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Oil Gains Ahead Of Producer Meeting; Nigeria, Libya Output In Focus

Oil Gains Ahead Of Producer Meeting; Nigeria, Libya Output In Focus

Oil prices gained on Monday after a steep fall the session before, buoyed by expectations that a joint OPEC and non-OPEC meeting later in the day may address rising output in Nigeria and Libya, two OPEC members so far exempt from a push to cut production.

 

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India's Economy To Grow Faster Than China: IMF

India's Economy To Grow Faster Than China: IMF

India will stay ahead of China in growth sweepstakes in 2017 as well as 2018, said the International Monetary Fund (IMF) while retaining the country's GDP forecast at 7.2 per cent for the current fiscal.

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Planning Goa Trip? Soon, Rail Hostesses Will Welcome Passengers On Tejas Express

Planning Goa Trip? Soon, Rail Hostesses Will Welcome Passengers On Tejas Express

Soon, passengers travelling to Goa by Tejas Express will be welcomed on board by hostesses, like on flights. After deploying hostesses on the New Delhi-Agra Gatiman Express, the railways is set to introduce the service on the premier Mumbai-Goa train.

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Metro Man E Sreedharan Seeks Konkan Railway Formula To Connect To Kashmir Valley

Metro Man E Sreedharan Seeks Konkan Railway Formula To Connect To Kashmir Valley

Drawing a page from his experience in the Konkan Railways, Metro Man E Sreedharan said he had recommended the formation of a special purpose vehicle to expedite the Katra-Banihal rail corridor, a crucial link to the Kashmir Valley.

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Fixing Infrastructure Deficit In India: Know What They Key Enabler Is

Fixing Infrastructure Deficit In India: Know What They Key Enabler Is

Global engineering and management consultants, Mott MacDonald have been in India for decades now. Having worked for projects like Delhi Metro, Jaipur smart city.

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