​GOOD MORNING INDIA!

November 20, 2018, Tuesday

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

Modi, Abe To Kick Off Bullet Train Project In Sept

Modi, Abe To Kick Off Bullet Train Project In Sept

The foundations for the much-touted Mumbai-Ahmedabad High Speed Rail (MAHSR) or bullet-train project using Japanese ‘Shinkansen’ technology is going to be laid during the visit of Japanese Prime Minister Shinzo Abe here in September 12-14.

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29 Mineral Blocks Auctioned Till Now: Piyush Goyal

29 Mineral Blocks Auctioned Till Now: Piyush Goyal

A total of 29 mineral blocks with a combined estimated resources of Rs 1.56 lakh crore have been auctioned so far, the government said on Monday.

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Vedanta Ltd Q1 Profit Doubles To Rs 1,525 Cr

Vedanta Ltd Q1 Profit Doubles To Rs 1,525 Cr

Mining conglomerate Vedanta Ltd's consolidated profit after tax doubled to Rs 1,525 crore for the quarter through June, driven by strong show in zinc and oil and gas businesses, the company said today.

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Suzlon Serves Saudis In India

Suzlon Serves Saudis In India

Suzlon Group is to supply 24 turbines to Saudi developer Alfanar Group for a 50.4MW wind farm in India.

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Tata Power Solar To Install 2.67 Mw Solar Carport At Cochin Airport

Tata Power Solar To Install 2.67 Mw Solar Carport At Cochin Airport

Tata Power Solar on Tuesday announced the commissioning of 2.67 MW solar carport at Cochin International Airport.

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How The Yogi Plans To Light Up Uttar Pradesh By 2019

How The Yogi Plans To Light Up Uttar Pradesh By 2019

The Yogi Adityanath government in Uttar Pradesh took a major step on Sunday (23 July) that will give a fillip to its goal of providing ‘24/7 power for all’ by 2019.

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Brighter India Making Huge Savings On Power Bills; Thank Those LEDs, And Energy Efficient Fans

Brighter India Making Huge Savings On Power Bills; Thank Those LEDs, And Energy Efficient Fans

Prime Minister Narendra Modi led National Democratic Alliance (NDA) government's initiative to 'Make India Energy Efficient' is in full swing and yielding good results.

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13,872 Villages Electrified Till June 30, Says Union Minister Piyush Goyal

13,872 Villages Electrified Till June 30, Says Union Minister Piyush Goyal

13,872 un-electrified villages have been reported to be electrified up to June 30, 2017, minister of state for power Piyush Goyal said.

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Noida To Convert 67,000 Streetlights Into LED

Noida To Convert 67,000 Streetlights Into LED

The Noida Authorityhas invited an expression of interest (EOI) from firms to convert streetlights into energy-saving LEDs.

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25.01 Crore LED Bulbs Distributed Under UJALA; 26.90 Lakh LED Street Lights Installed In 25 States/UTs: Shri Piyush Goyal

25.01 Crore LED Bulbs Distributed Under UJALA; 26.90 Lakh LED Street Lights Installed In 25 States/UTs: Shri Piyush Goyal

Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines, Shri Piyush Goyal, in a written reply to a question in Lok Sabha today, informed the House that as on 12th July 2017

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Battery Storage, Smart Grid, And Efficiency Companies Raise Over $1 Billion In VC Funding In 1H 2017, Reports Mercom Capital Group

Battery Storage, Smart Grid, And Efficiency Companies Raise Over $1 Billion In VC Funding In 1H 2017, Reports Mercom Capital Group

Mercom Capital Group, llc, a global clean energy communications and consulting firm, released its report on funding and mergers and acquisitions (M&A) activity for the Battery Storage, Smart Grid, and Energy Efficiency sectors for the second quarter and first half of 2017.

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Uk To Fund Solar Energy, Health Projects In India

Uk To Fund Solar Energy, Health Projects In India

UK's top funding agency the Global Challenges Research Fund of the Research Councils UK (RCUK), has included India among several countries which would receive financial assistance worth 225 million pounds.

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Enercon Set For 1,200 Turbine Refurbishment In India

Enercon Set For 1,200 Turbine Refurbishment In India

Some 800 inactive wind turbines and a further 400 operating in curtailed mode adding up to 860MW in capacity in India could be re-activated now that a long legal dispute has been resolved and Enercon is able to re-enter the Indian market.

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Shell, Softbank Among Potential Suitors For $5 Bn Renewable Energy Firm Equis

Shell, Softbank Among Potential Suitors For $5 Bn Renewable Energy Firm Equis

Royal Dutch Shell and SoftBank are among several global groups considering bidding for Equis Energy, Asia`s largest independent renewable energy producer valued at up to $5 billion, sources familiar with the matter said.

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Pradhan Oils Ties With Iraq As Saudi, Iran Slip In India's Shopping List

Pradhan Oils Ties With Iraq As Saudi, Iran Slip In India's Shopping List

Oil minister Dharmendr Pradhan is oiling ties with Baghdad as Iraq has emerged as the new 'Oil King' for New Delhi, beating Saudi Arabia as its largest supplier of crude.

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Igl Announces Revision In Cng & Png Prices

Igl Announces Revision In Cng & Png Prices

Indraprastha Gas Limited (IGL), a joint venture of GAIL (India) Ltd., BPCL and Government of NCT of Delhi, today announced revision in the selling prices of Compressed Natural Gas (CNG) and Piped Natural Gas (PNG) in NCT of Delhi, Noida, Greater Noida and Ghaziabad to offset the overall impact on its costs after transition to GST regime.

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'IOC, GAILl Stake Sale To Buy HPCL Won't Change ONGC Metrics'

'IOC, GAILl Stake Sale To Buy HPCL Won't Change ONGC Metrics'

ONGC's financial ratios will remain largely unchanged if it funds the Rs 28,000 crore acquisition of HPCL through sale of its minority stake in IOC and GAIL, S&P Global Ratings said today.

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U.S May Revise 2021 Fuel Efficiency Standards, Freeze Targets

U.S May Revise 2021 Fuel Efficiency Standards, Freeze Targets

The U.S. Transportation Department said on Tuesday it may revise auto fuel efficiency requirements starting with the 2021 model year, a year earlier than previously disclosed, and could adopt lower standards through 2025.

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Global Crude Oil Price Of Indian Basket was US$ 46.91 per bbl on 24.07.2017

Global Crude Oil Price Of Indian Basket was US$ 46.91 per bbl on 24.07.2017

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$ 46.91 per barrel (bbl) on 24.07.2017.

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Goldman Sachs Warns Global Oil Demand Could Peak As Early As 2024

Goldman Sachs Warns Global Oil Demand Could Peak As Early As 2024

Global oil demand could peak as early as 2024 if there are more efficiency gains in vehicles, greater market penetration by electric cars, lower economic growth and higher fuel prices, Goldman Sachs said in a research note on refining on Monday.

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China Urges Halt To Oil Drilling In Disputed South China Sea

China Urges Halt To Oil Drilling In Disputed South China Sea

China's Foreign Ministry has urged a halt to oil drilling in a disputed part of the South China Sea, where Spanish oil company Repsol had been operating in cooperation with Vietnam.

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IIM Lucknow Signs MoU With HPCL To Promote Energy Start-Ups

IIM Lucknow Signs MoU With HPCL To Promote Energy Start-Ups

Indian Institute of Management, Lucknow (IIM-L) and Hindustan Petroleum Corporation Limited (HPCL) have signed a Memorandum of Understanding (MoU) for incubating innovative ideas and business start-ups in the domestic energy sector.

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Oil Extends Gains As Saudi Arabia Pledges Export Curbs

Oil Extends Gains As Saudi Arabia Pledges Export Curbs

Oil prices extended gains on Tuesday after Saudi Arabia pledged to curb exports from next month and OPEC called on several members to boost compliance with production cuts to help rein in global oversupply and tackle flagging prices.

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Petroleum Minister, Shri Dharmendra Pradhan Meets Andhra Pradesh Chief Minister N Chandrababu Naidu

Petroleum Minister, Shri Dharmendra Pradhan Meets Andhra Pradesh Chief Minister N Chandrababu Naidu

Union Minister of State (I/C) for Petroleum and Natural Gas, Dharmendra Pradhan met Andhra Pradesh Chief Minister N Chandrababu Naidu ​on Tuesday and discussed several key projects regarding ​investment by ​the ​oil and gas companies in Andhra Pradesh.

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GAIL CMD B C Tripathi ​launches Start-up Initiative ‘Pankh’

GAIL CMD B C Tripathi ​launches Start-up Initiative ‘Pankh’

With the objective of nurturing the spirit of entrepreneurship among Indians as envisioned by Hon’ble Prime Minister Shri Narendra Modi, GAIL (India) Limited Chairman and Managing Director Shri B C Tripathi today launched a Start-up initiative titled ‘Pankh’ to identify and promote innovative ventures.

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BiSN signs investment agreement with BP Ventures, Schlumberger Ventures, GE Ventures

BiSN signs investment agreement with BP Ventures, Schlumberger Ventures, GE Ventures

BiSN, a provider of metal-to-metal downhole sealing solutions, has signed an investment agreement worth £5m with corporate venture capital groups BP Ventures, Schlumberger Ventures, and GE Ventures.

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India Will Need $4.5 Trillion By 2040 For Infrastructure: Report

India Will Need $4.5 Trillion By 2040 For Infrastructure: Report

India will need investments to the tune of around $4.5 trillion till 2040 to develop infrastructure to improve economic growth and community well-being, said Global Infrastructure Hub on Tuesday.

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Railways Suffers Pricing Jet Lag

Railways Suffers Pricing Jet Lag

The Indian Railways is trying to battle it out with the aviation sector for passenger volumes. It has been hit by a decline in airfares and the adoption of a dynamic railway fare system.

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Soon, Apply For Driving Licence From Your College

Soon, Apply For Driving Licence From Your College

Students may soon be able to get a learner's driving licence at their colleges. According to a proposal by Delhi government, college principals and university registrars will be authorised to issue the licence.

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Indian Railways Station Redevelopment Scheme to Offer Land to Developers

Indian Railways Station Redevelopment Scheme to Offer Land to Developers

The Indian Railways, under its massive station redevelopment programme, is set to offer more than 144 acres of land with its 23 stations for commercial development.

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IRB Infra Invit To Double Size In 3-4 Years; Decides To Add 7th Road Project In Months After Listing

IRB Infra Invit To Double Size In 3-4 Years; Decides To Add 7th Road Project In Months After Listing

IRB Infrastructure is looking to double the size of its recently-launched InvIT (Investment Infrastructure Trust) in the next three-four years

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Cargo Movement Plunged 40 Per Cent After GST, Say Truckers

Cargo Movement Plunged 40 Per Cent After GST, Say Truckers

Nearly a month after the Centre rolled out Goods and Services Tax(GST), truck owners say bookings have dropped by 30% to 40%, with consignors, consignees and transporters yet to understand and incorporate the new tax norms.

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Govt Planning To Operate Entire Public Transport On Electricity: Nitin Gadkari

Govt Planning To Operate Entire Public Transport On Electricity: Nitin Gadkari

Road transport, highways and shipping minister Nitin Gadkari has said the government aims to develop infrastructure for running all public transport on electricity.

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