​GOOD MORNING INDIA!

November 14, 2018, Wednesday

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

Study Shows India Can Integrate 175 GW Of Renewable Energy Into Its Electricity Grid

Study Shows India Can Integrate 175 GW Of Renewable Energy Into Its Electricity Grid

The U.S. Department of Energy's National Renewable Energy Laboratory (NREL) has confirmed the technical and economic viability of integrating 175 gigawatts (GW) of renewable energy into India's grid by 2022.

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Shakti To Guard Coal Quality, Source Till Auction Begins

Shakti To Guard Coal Quality, Source Till Auction Begins

Data on different sources of coal and its quality to be offered under the Shakti scheme for the reverse auction for private generators with power purchase agreements will be a closely guarded secret until a few minutes before auction, Coal India officials said.

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Vedanta To Raise Up To $1 Billion In Dollar Bonds

Vedanta To Raise Up To $1 Billion In Dollar Bonds

Metals magnate Anil Agarwal’s Vedanta Resources would raise up to $1 billion in dollar bonds in the second such issue in six months, harnessing global liquidity to pare high-cost debt and build an expansion kitty ahead of the mining cycle turnaround. The sale is likely as early as next week, three people with direct knowledge of the exercise told ET.

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UP RERA Website Launched: Know What It Is And Why It Is A Big Good News For Both Home Buyers And Builders

UP RERA Website Launched: Know What It Is And Why It Is A Big Good News For Both Home Buyers And Builders

In a big development in terms of Uttar Pradesh real estate sector, UP CM Yogi Adityanath on Wednesday launched UP RERA website.

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Schneider Electric Appoints Meenu Singhal As Vice President Industry Business

Schneider Electric Appoints Meenu Singhal As Vice President Industry Business

Schneider Electric has appointed Meenu Singhal as the Vice President of its industry business.

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Premier Solar's Solar Facility To Be Inaugurated On July 29

Premier Solar's Solar Facility To Be Inaugurated On July 29

Premier solar and end-to-end solar solution provider today said Telangana IT and Industries Minister KT Rama Rao is expected to inaugurate their 200 MW automated solar module manufacturing facility in Sanga Reddy district on July 29.

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Floating Solar Power Plant At Gopi Talav In Surat Soon

Floating Solar Power Plant At Gopi Talav In Surat Soon

The Surat Municipal Corporation (SMC) plans to become country’s first solar city by 2021 for which it will soon install a floating solar plant besides solar panels atop its 52 school buildings in the city.

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Renewable Energy Projects in India, Europe Seek to Accelerate Low-carbon Energy Transition

Renewable Energy Projects in India, Europe Seek to Accelerate Low-carbon Energy Transition

Ensuring access to clean affordable and low-carbon energy for all requires both bold commitments and innovation at all scales.

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Power Sector's First InvIT Indigrid To Acquire 4 More Projects

Power Sector's First InvIT Indigrid To Acquire 4 More Projects

The power sector’s first ‘Infrastructure Investment Trust (InvIT)’ IndiGrid, which was floated to own transmission assets across the country, would acquire four more projects of its sponsor– Sterlite Power Grid Ventures Limited.

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GE T&D India Zooms 20% On Strong Q1 Results, Healthy Order Book Position

GE T&D India Zooms 20% On Strong Q1 Results, Healthy Order Book Position

GE T&D India is locked in upper circuit of 20% at Rs 393, also its 52-week high on BSE, after the company reported net profit of Rs 61.7 crore in June quarter (Q1FY18), on back of healthy operational growth.

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‘Uday’ Gets Discoms Back In Shape, Boosts Power Supply

‘Uday’ Gets Discoms Back In Shape, Boosts Power Supply

The Modi government's prescription for ailing state power distribution companies is slowly putting them back in shape and reducing the duration of blackouts in the nearly two years since the treatment began.

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China To Extend Power Market Reform To Cross-region Transmission Lines

China To Extend Power Market Reform To Cross-region Transmission Lines

China will extend its push to cut power distribution pricing to include transmission lines used to send electricity between regions, the state planner said on Wednesday.

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Govt To Roll Out Rs17,000 Crore Rural Household Electrification Scheme

Govt To Roll Out Rs17,000 Crore Rural Household Electrification Scheme

In a fresh push to universalize electricity access, the National Democratic Alliance (NDA) government plans to roll out a Rs17,000 crore scheme.

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Govt To Sell Up To 25% Stake In NEEPCO, MSTC Via IPOS

Govt To Sell Up To 25% Stake In NEEPCO, MSTC Via IPOS

The government is planning to sell up to 25% stake in two PSUs — MSTC and NEEPCO through initial public offerings (IPOs).

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Indigrid’s Debut Distribution In Line With Promise

Indigrid’s Debut Distribution In Line With Promise

IndiGrid Trust, the infrastructure investment trust (InvIT) sponsored by Sterlite Power Grid Ventures, has reported its results for the first quarter and announced maiden distribution of 0.92 paise per unit to unit-holders for one month of operations, thus becoming the first InvIT to do so.

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Premier Solar Sets Up 200 MW Solar Module Facility In Telangana

Premier Solar Sets Up 200 MW Solar Module Facility In Telangana

Premier Solar has set up a 200 MW automated solar module manufacturing facility in Sangareddy district of Telangana.

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UK To Ban Sales Of Petrol And Diesel Cars From 2040 In Pollution Crackdown, Reports Say

UK To Ban Sales Of Petrol And Diesel Cars From 2040 In Pollution Crackdown, Reports Say

Britain's Government is set to ban the sale of petrol and diesel cars from 2040, when all vehicles must be fully electric as part of a plan to clean up air pollution, reports say.

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India Hastens Hydropower Projects In Jammu And Kashmir

India Hastens Hydropower Projects In Jammu And Kashmir

In a bid to utilise the provisions of the Indus Waters Treaty to the full, India is planning speedy construction of eight hydroelectric projects in Jammu and Kashmir.

 

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Domestic Solar Manufacturers Hopeful Of Relief From DGAD Investigation In Chinese Solar Dumping Case

Domestic Solar Manufacturers Hopeful Of Relief From DGAD Investigation In Chinese Solar Dumping Case

The domestic solar manufacturers lobby says it is hopeful of relief on the issue of dumping of Chinese solar panels as a result of the investigation initiated by the commerce ministry’s arm Directorate General of Anti-Dumping (DGAD).

 

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Softbank Considers Bidding For Equis Energy

Softbank Considers Bidding For Equis Energy

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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India's Reliance On Coal To Continue Beyond 2047: Report

India's Reliance On Coal To Continue Beyond 2047: Report

India's dependence on coal will continue even after three decades from now with an estimated share of 42-50 per cent of the country's energy mix, said a report.

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ONGC, Directors Pulled Up For Plan To Skip Tendering

ONGC, Directors Pulled Up For Plan To Skip Tendering

The Central Vigilance Commission ( CVC) has asked Oil and Natural Gas Corp ( ONGC) and its directors to individually explain why the state firm had planned to hire rigs without tendering, taking a harsh view of the company’s plan that was dumped after media reports highlighted it.

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Sinopec To Invest $5 Bln In Gas Pipeline For New Economic Zone

Sinopec To Invest $5 Bln In Gas Pipeline For New Economic Zone

China Petrochemical Corporation (Sinopec) will invest 34.4 billion yuan ($5.1 billion) in a gas pipeline project, it said in a statement on Tuesday.

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Satpal Garg To Join As New PNGRB Board Member

Satpal Garg To Join As New PNGRB Board Member

Satpal Garg, a former Director, Finance at ONGC Videsh Limited (OVL) will join as a new board member at downstream petroleum regulator Petroleum Natural Gas Regulator Board (PNGRB) from tomorrow taking the board strength to two members

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Big Oil Bosses Are Learning To Live With $50 Crude

Big Oil Bosses Are Learning To Live With $50 Crude

Big Oil is starting to beat the crude-market slump as the industry rediscovers how to make money at lower prices.

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IOC, GAILl Stake Sale To Buy HPCL Won't Change Ongc Metrics: S&P Global Ratings

IOC, GAILl Stake Sale To Buy HPCL Won't Change Ongc Metrics: S&P Global Ratings

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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Global Crude Oil Price Of Indian Basket Was US$ 47.92 per bbl On 25.07.2017

Global Crude Oil Price Of Indian Basket Was US$ 47.92 per bbl On 25.07.2017

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$ 47.92 per barrel (bbl) on 25.07.2017.

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U.S. Oil Refiners' Weekly Capacity Seen Lower -IIR

U.S. Oil Refiners' Weekly Capacity Seen Lower -IIR

U.S. oil refiners are estimated to have 270,000 barrels per day (bpd) of capacity offline in the week ending July 28, decreasing available refining capacity by 163,000 bpd from the previous week, data from research company IIRshowed on Wednesday.

 

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Gail Launches Startup Initiative ‘Pankh’

GAIL Launches Startup Initiative ‘Pankh’

Delhi-based GAIL has announced that the company has launched a startup initiative titled Pankh to identify and promote innovative ventures.

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Oil Rallies 3 Percent As U.S. Shale Shows Signs Of Slowdown

Oil Rallies 3 Percent As U.S. Shale Shows Signs Of Slowdown

Oil rose 3.3 percent on Tuesday to the highest close in more than a month, a day after U.S. oil producer Anadarko said it would cut capital spending plans and Saudi Arabia vowed to reduce crude exports to help curb global oversupply.

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India: Natural Gas Production Up 6.05% During June

India: Natural Gas Production Up 6.05% During June

Domestic oil and gas companies produced 6.05 per cent more natural gas in June, year-on-year. This could result in lesser import of natural gas during the month as gas demand is directly linked to availability.

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Niti Aayog Clears Six Proposals For High-tech Public Transport

Niti Aayog Clears Six Proposals For High-tech Public Transport

Mass rapid transportation technologies such as hyperloop, metrino and pod taxis could soon be a reality in India after Niti Aayog cleared half-a-dozen proposals of the transport ministry exploring options to improve public transport.

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Revival Of Stalled Projects Saved Banks Rs 3 Lakh Crore: Nitin Gadkari

Revival Of Stalled Projects Saved Banks Rs 3 Lakh Crore: Nitin Gadkari

The ministry of road transport and highways has saved the banking sector from Rs 3 lakh crore bad loans by reviving stalled projects, its minister Nitin Gadkari has said.

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Government Incapable Of Handling Infrastructure Projects: Amitabh Kant

Government Incapable Of Handling Infrastructure Projects: Amitabh Kant

Niti Aayog chief executive officer Amitabh Kant on Wednesday pitched in for government organizations’ exit from the operation and maintenance of infrastructure projects, including the big ones like dedicated freight corridor and national highways, saying the “government is incapable to handle” them.

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Logistics To Gain Most From GST; Costs To Dip 20 Per Cent: Nitin Gadkari

Logistics To Gain Most From GST; Costs To Dip 20 Per Cent: Nitin Gadkari

India's logistics sector stands to gain the most under the GST regime as costs will dip by almost 20 per cent, Union Minister Nitin Gadkari said today.

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Rail Firms Eye Tier-ii Cities; Opportunities In Indore, Bhopal Metro Plans

Rail Firms Eye Tier-ii Cities; Opportunities In Indore, Bhopal Metro Plans

As mass rapid transportation penetrates cities like Kochi, Jaipur and Lucknow, it throws open opportunities for companies like Alstom, Bombardier and Hyundai Rotem.

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IRCTC To Manage Catering In All Trains By Year End

IRCTC To Manage Catering In All Trains By Year End

Catering services in all trains with pantry cars will be handed over to IRCTC by the year-end in order to improve onboard food quality, according to Railways.

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Metal Index Hits 34-month High; Hindalco, Vedanta At 52-week High

Metal Index Hits 34-month High; Hindalco, Vedanta At 52-week High

Shares of metal companies were in focus with most of the frontline stocks trading higher by up to 5% after a strong rally in global commodity prices, mainly in metals.

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Transport Sector Hit By 6cr Daily Loss

Transport Sector Hit By 6cr Daily Loss

The overall loss to transport sector in the state caused by heavy rains since Saturday is roughly estimated to be over Rs6 crores per day.

 

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Thivim Railway Station Should Be Made Smart Station: Shantaram Naik

Thivim Railway Station Should Be Made Smart Station: Shantaram Naik

Goa Pradesh Congress Committee (GPCC) president Shantaram Naik (MP) today said Thivim Station was a gateway of Goa to those coming to the state by railways and hence Konkan Railway should make all efforts to make it a smart station.

 

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‘we Have Set Aside Rs 50 Crore To Encourage Startups,’ Says Suresh Prabhu, Railway Minister

‘we Have Set Aside Rs 50 Crore To Encourage Startups,’ Says Suresh Prabhu, Railway Minister

Suresh Prabhu, Railway Minister of India, is a man comfortable on the hot seat. The ministry has seen a massive transformation since the time that he took over.

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SAIL Supplies 6.2 Lakh Tonnes Rails To Indian Railways In Fy17

SAIL Supplies 6.2 Lakh Tonnes Rails To Indian Railways In Fy17

Steel Authority of India Ltd (SAIL) has supplied 6.20 lakh tonnes of rails to the Indian Railways in 2016-17, Parliament was informed today.

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For This Environmental Solutions Company, Mumbai's Trash Is Treasure

For This Environmental Solutions Company, Mumbai's Trash Is Treasure

Mumbai is not only India’s financial and entertainment capital, it is also its garbage capital. With 9,400 tonnes of trash produced each day, the city is quickly running out of space to throw its waste. 

 

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A Single Ticket To Travel In Any Public Transport Could Be A Reality, Courtesy Railways

A Single Ticket To Travel In Any Public Transport Could Be A Reality, Courtesy Railways

Mumbaikars will soon have to buy only one ticket for travelling via bus, train, auto or taxi, thanks to railway ministry. It is mulling to establish a single ticket system across all modes of public transportation in the next three years, reported Hindustan Times.

 

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CRDA To Take Up Development Works In Guntur

CRDA To Take Up Development Works In Guntur

The Andhra Pradesh Capital Region Development Authority (APCRDA) will take up several development works in Guntur city. 

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Railway Ministry Cancels Caterer’s Contract After Lizard Found In Food On Delhi Bound Poorva Express Train

Railway Ministry Cancels Caterer’s Contract After Lizard Found In Food On Delhi Bound Poorva Express Train

The railway ministry today cancelled a caterer’s contract after a passenger found a dead lizard in his vegetable biryani served on a Delhi-bound train from Howrah, a ministry spokesperson said.

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Railways Plans 3-Week Inspection Of Catering Units

Railways Plans 3-Week Inspection Of Catering Units

Days after the CAG report slammed the Railways over the quality and hygiene of its food, the national transporter plans to conduct a three-week rigorous inspection of all catering units, food and water served on trains and sold in stations.

 

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Will Nagpur Metro Meet Jaipur’s Fate?

Will Nagpur Metro Meet Jaipur’s Fate?

The Jaipur Metro, which was launched with great fanfare in June 2015, seems to have turned into a white elephant with the operational losses as high as Rs 7.5 lakh per day. Recovering the project cost is at present a distant dream.

 

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Greater Noida Airport To Have Metro Link

Greater Noida Airport To Have Metro Link

The proposed airport at Greater Noida will have direct metro connectivity with the capital. The UP government has told the aviation ministry it will extend the current Greater Noida Metro line to the airport site at Jewar

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