​GOOD MORNING INDIA!

November 17, 2018, Saturday

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

Trend Of Fall In Coal Imports In India Continues Unabated In 2017-18 : Piyush Goyal

Trend Of Fall In Coal Imports In India Continues Unabated In 2017-18 : Piyush Goyal

The trend of fall in import of coal continued unabated in 2017-18 and during April-June 2017-18, 52.74 million tonnes of coal was imported against 57.38 million tonnes in the corresponding previous period registering a 8.1% fall, Union Minister Piyush Goyal said citing figures of the Directorate General of Commercial Intelligence & Statistics.

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Govt Initiates Steps To Ease Stress In Stalled Thermal Power Projects

Govt Initiates Steps To Ease Stress In Stalled Thermal Power Projects

Union Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines, Mr Piyush Goyal informed that Government has reviewed the status of 34 stressed Thermal Power Projects, with an estimated debt of about Rs. 1.77 lakh crore. He said Neyveli Lignite Corporation of India Limited (NLCIL) has identified Ragunathpur Thermal Power Station- Phase-I (2x660 MW), a stressed asset of Damodar Valley Corporation (DVC) for acquisition. Alongside, NLC has also shortlisted two suitable stressed power assets for possible acquisition to augment its power generation capacity. 

 

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25 Charging Stations For Electric Vehicles Installed In Bengaluru On Pilot Basis Under Fame-india Scheme: Minister Piyush Goyal

25 Charging Stations For Electric Vehicles Installed In Bengaluru On Pilot Basis Under Fame-india Scheme: Piyush Goyal

Union Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines, Piyush Goyal informed the House on Thursday that under Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India [FAME-India] Scheme of the Government, 25 Charging Stations have been installed at 6 different locations in Bengaluru. 

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$100 m World Bank Loan for Solar Projects Through IREDA : Piyush Goyal Informs Parliament

$100 m World Bank Loan for Solar Projects Through IREDA : Piyush Goyal Informs Parliament

World Bank financing of USD 100 Million for development of internal infrastructure of solar parks has been planned by Indian Renewable Energy Development Agency Ltd. (IREDA) under the aegis of Ministry of New & Renewable Energy.

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Piyush Goyal Educates Parliament On SHAKTI - The Policy On Transparent Coal Allocations

Piyush Goyal Educates Parliament On SHAKTI - The Policy On Transparent Coal Allocations

Union Minister of State (IC) for Power, Coal & New and Renewable Energy and Mines, Piyush Goyal on Thursday informed the Parliament about SHAKTI --the Scheme for Harnessing the and Allocating Koyala (Coal) Transparently in India. 

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Vedanta Sees Golden Opportunity To Buy Deccan Gold Mines

Vedanta Sees Golden Opportunity To Buy Deccan Gold Mines

Just months after launching an audacious raid to buy into rival London miner Anglo American, Vedanta Resources is betting on gold, an area which is relatively new for the Anil Agarwal-promoted company.

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Glencore Buys 16.6 Pct Of Rio's Hunter Valley Coal Assets From Yancoal

Glencore Buys 16.6 Pct Of Rio's Hunter Valley Coal Assets From Yancoal

Glencore on Thursday bought a 16.6 percent stake in assets in Hunter Valley, Australia, for $429 million from China's Yancoal, gaining some of the coal operations it had sought in a bidding war which Yancoal won.

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Canada's Teck Resources Keen To Expand Coal Sales To India

Canada's Teck Resources Keen To Expand Coal Sales To India

Teck Resources Ltd is interested in expanding its sales of steelmaking coal to India, company officials said on Thursday, as the Canadian miner reported quarterly earnings that beat market expectations, lifting its shares.

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Haryana Executing Solar Power-run Micro Irrigation Project

Haryana Executing Solar Power-run Micro Irrigation Project

The Haryana government is executing a unique solar power-run micro irrigation pilot project under the Pradhan Mantri Krishi Sinchai Yojna (PMKSY), an official said today.

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PF Accounts Of 96% Coal Mine Workers Linked To Aadhaar

PF Accounts Of 96% Coal Mine Workers Linked To Aadhaar

Provident fund accounts of 3.47 lakh coal mine workers, roughly 96 per cent of the total workforce, have been linked to Aadhaar.

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Mined Metal Output At Zinc India Rises 84%: Vedanta Resources

Mined Metal Output At Zinc India Rises 84%: Vedanta Resources

Mining giant Vedanta Resources today said the production of mined metal at its Indian zinc unit increased by 84 per cent to 2,33,000 tonnes in the first quarter of the ongoing fiscal.

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Tata Metaliks To Evaluate And Finalise Growth Strategy Soon

Tata Metaliks To Evaluate And Finalise Growth Strategy Soon

Tata Group's pig-iron producer Tata Metaliks, which is all set to become a full-fledged ductile pipe (DI) company, today said it will finalise a growth strategy in the next few months.

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Haryana To Give Rs 750cr Loan To Discoms At Concessional Rate

Haryana To Give Rs 750cr Loan To Discoms At Concessional Rate

The Haryana government today said it will provide Rs 750 crore loans to discoms at a concessional rate of interest, about 3 per cent lower than the market rate, under the UDAY scheme.

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July Witnessed 378,000 Non-Solar RECS Traded On India Energy Exchange

July Witnessed 378,000 Non-Solar RECS Traded On India Energy Exchange

A total of 3.78 lakh non-solar renewable energy certificates (RECs) were traded at the India Energy Exchange (IEX) in July.

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Street Vendors In India Can Soon Tap Into Solar Energy

Street Vendors In India Can Soon Tap Into Solar Energy

The National Association of Street Vendors of India estimates that there are around 30,000 street vendors in Bengaluru. Small businesses like these face innumerable challenges, given their make-shift existence.

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Global Crude Oil Price of Indian Basket Was US$ 49.38 per bbl on 26.07.2017

Global Crude Oil Price of Indian Basket Was US$ 49.38 per bbl on 26.07.2017

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$ 49.38 per barrel (bbl) on 26.07.2017.

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Oil Prices Hover Near Eight-week Highs On Lower U.S. Stocks

Oil Prices Hover Near Eight-week Highs On Lower U.S. Stocks

Oil prices were sitting just below eight-week highs on Thursday, buoyed by hopes that a steeper-than-expected decline in U.S. crude oil inventories will reduce global oversupply.

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Ruias Strike Complex Royalty Deal With New Owners Of Essar Oil

Ruias Strike Complex Royalty Deal With New Owners Of Essar Oil

The Ruias have struck a complex royalty deal with the Russian government-owned company Rosneft and other investors that would acquire Essar Oil.

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Thailand's PTTEP Takes $500 Million Stake In Malaysia LNG Project

Thailand's PTTEP Takes $500 Million Stake In Malaysia LNG Project

PTTEP, the exploration and production arm of Thailand's oil and gas giant PTT Group, said on Thursday it had taken a $500 million stake in a liquefied natural gas (LNG) project with Malaysia's Petronas.

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Crude Import Bill Likely To Rise 23% This Fiscal, Says Oil Ministry

Crude Import Bill Likely To Rise 23% This Fiscal, Says Oil Ministry

India’s crude oil import bill is expected to increase 23% in the current fiscal year, according the Petroleum Planning Analysis Cell (PPAC), data and policy analysis wing of the oil ministry.

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ONGC Confirms Government Slapping It, Ril With $3.9 Billion Demand

ONGC Confirms Government Slapping It, Ril With $3.9 Billion Demand

The government has slapped ONGC, Reliance Industries and Royal Dutch Shell with a demand of USD 3.9 billion (about Rs 25,487 crore) in dues following an arbitration award in its favour, the state-owned firm said today.

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ONGC First Quarter Net Profit Down 8.2 Per Cent

ONGC First Quarter Net Profit Down 8.2 Per Cent

State-owned explorer Oil and Natural Gas Corp (ONGC), today posted 8.2 percent drop in standalone net profit for the quarter ended June on reduced gas price and higher expenses.

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ONGC Is Pumping In Rs 3104 Crore For Drilling Of Wells And Creation Of Surface Facilities In Tripura

ONGC Is Pumping In Rs 3104 Crore For Drilling Of Wells And Creation Of Surface Facilities In Tripura

In line with Hydrocarbon Vision 2030 for North-East Region, ONGC management has approved additional investment of Rs 3104 Crore for drilling of wells and creation of surface facilities to produce gas from Tripura gas fields.

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ONGC Intensifies Exploration Of Gas In Tripura

ONGC Intensifies Exploration Of Gas In Tripura

The state-owned ONGC has stepped up exploration activities in Tripura to unearth more gas to set up a fertilizer plant and to augment power generation, an official said.

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UK To Ban The Sale Of Petrol And Diesel Cars By 2040

UK To Ban The Sale Of Petrol And Diesel Cars By 2040

In a move which follows a similar announcement by France in recent weeks, the proposals are part of the government’s clean air plan and aims to improve air quality in the UK and tackle excessive levels of nitrogen dioxide in towns and cities.

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India’s Fossil Fuel Subsidies Linked With 8 Times The Health Costs: Report

India’s Fossil Fuel Subsidies Linked With 8 Times The Health Costs: Report

In India, fossil fuel subsidies directly or indirectly lead to health care costs that are at least 8 times the subsidy itself.

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Diesel Price Across All State Capitals On 27 July 2017

Diesel Price Across All State Capitals On 27 July 2017

Diesel price per litre is marginally down by 1 paise on Thursday July 27 in the national capital. Prices made available on the IOCL website, the oil marketing company, showed price fixed at Rs 54.94 per litre.

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Government May Prefer Another Airline As Air India Buyer

Government May Prefer Another Airline As Air India Buyer

The government may prefer that an airline acquires Air India even if it means selling the domestic and international operations separately, senior officials said.

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Government To Offer Only 20 Airports In Second Round Of RCS Bidding

Government To Offer Only 20 Airports In Second Round Of RCS Bidding

The government is likely to offer only 20 airports in the second round of the bidding for flights under the regional connectivity scheme ( RCS), Civil Aviation Secretary R N Choubey said today.

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NHAI Identifies 183 Sites For Wayside Amenities Along National Highwayss

NHAI Identifies 183 Sites For Wayside Amenities Along National Highwayss

National Highways Authority of India ( NHAI) has identified 183 sites to set up wayside amenities along national highways, Parliament was informed today.

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Government Plans 800-mile Highway Embankment To Curb Floods In Northeast

Government Plans 800-mile Highway Embankment To Curb Floods In Northeast

Government officials said they plan to build a 1,300 km (800 mile) highway along the Brahmaputra River in Assam to limit damage from annual floods, even as environmentalists said it would be ineffective.

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Bhushan Steel, Bhushan Power Face Insolvency Action

Bhushan Steel, Bhushan Power Face Insolvency Action

The National Company Law Tribunal (NCLT) on Wednesday allowed bankruptcy proceedings against debt-ridden Bhushan Steel and Bhushan Power & Steel (BPSL).

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Indian Railways Likely To Stop Providing Blankets In Ac Coaches

Indian Railways Likely To Stop Providing Blankets In Ac Coaches

After the Comptroller and Auditor General (CAG) rapped Indian Railways over cleaning and management of linen and blankets provided in AC coaches

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Train Linking Rameswaram And Ayodhya Temple Started By Pm Modi

Train Linking Rameswaram And Ayodhya Temple Started By Pm Modi

Prime Minister Narendra Modi flagged off a train for pilgrims connection Rameswaram and Ayodhya temples named Rameswaram-Faizabad weekly express today as he is in Rameshwaram to inaugurate the memorial of former President A.P.J. Abdul Kalam on his second death anniversary.

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7 Years On, Land Acquisition Begins For India-bangladesh Rail Line

7 Years On, Land Acquisition Begins For India-bangladesh Rail Line

Land acquisition for a 15 km India-Bangladesh railway line has finally begun in both countries -- more than seven-and-a-half-years after the Rs 963 crore ($145 million) project was finalised and a year after the ground-breaking ceremony was performed, an official said here.

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India's Public Transport To Get Futuristic Edge As Niti Aayog Clears Trials For Hyperloop, Pod Taxis

India's Public Transport To Get Futuristic Edge As Niti Aayog Clears Trials For Hyperloop, Pod Taxis

Commuters are in for a treat as NITI Aayog consented to as many as six proposals to introduce rapid mass transportation technologies to solve public transport woes in the country.

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NGT Issues Bailable Warrants Against 4 Rail Officials In Delhi

NGT Issues Bailable Warrants Against 4 Rail Officials In Delhi

The National Green Tribunal has issued bailable warrants against station masters of four railway stations here for their non-appearance despite notices being issued to them in a case of mass generation of waste by establishements.

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Rlys Conducting Drive To Check Touts, Ticketless Travel

Rlys Conducting Drive To Check Touts, Ticketless Travel

The Railways have conducted a special drive to check the malpractices of touting, ticketless travel and misuse of facilities during which 307 touts and 59,115 unauthorised vendors were prosecuted, the Lok Sabha was informed today.

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SAIL Supplies 6.2 Lakh Tn Rails To Indian Railways In Fy17

SAIL Supplies 6.2 Lakh Tn 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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Tejas, ‘future Of Train Travel’, Running Sans Safety Clearance

Tejas, ‘future Of Train Travel’, Running Sans Safety Clearance

THE RAILWAYS has been running the newly launched Mumbai-Goa luxury train Tejas Express, billed as the “future of train travel” in India

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Indian Builders Pledge “green” Homes In Race To Meet Climate Goals

Indian Builders Pledge “green” Homes In Race To Meet Climate Goals

India’s top builders have pledged to make at least a fifth of their new housing developments sustainable by 2022, as the country looks to tap sectors other than renewable energy to meet its ambitious climate goals.

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Pension Fund AustralianSuper Says Avoiding Energy Infrastructure For Now

Pension Fund AustralianSuper Says Avoiding Energy Infrastructure For Now

Australia's largest pension fund, AustralianSuper, is interested in investing more in infrastructure projects at home but will avoid the energy sector given uncertainty over government policies.

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