​GOOD MORNING INDIA!

November 21, 2018, Wednesday

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

Cut Power Losses To Below 10 Per Cent In 6 Months, Centre Tells States

Cut Power Losses To Below 10 Per Cent In 6 Months, Centre Tells States

The Union power ministry has asked states to slash electricity losses due to theft and technical reasons to below 10% within six months, an ambitious target given that some towns in Uttar Pradesh, Jharkhand and Bihar lose up to 90% of power.

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An Excess In Solar Capacities To Facilitate Fall In Tariffs: Morgan Stanley

An Excess In Solar Capacities To Facilitate Fall In Tariffs: Morgan Stanley

Solar Panel capacities are projected to exceed installations significantly, which will cause tariffs rates to keep falling, according to a Morgan Stanley research.

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IDFC Infrastructure Fund Set To Buy First Solar’s India Portfolio For $300 Million

IDFC Infrastructure Fund Set To Buy First Solar’s India Portfolio For $300 Million

The infrastructure fund of multi-asset manager IDFC Alternatives is set to make its biggest acquisition till date by taking over the entire 200 megawatts of First Solar’s operational portfolio of solar power projects in India for around Rs 1,950 crore ($300 million) as consolidation picks up momentum in the renewable energy sector.

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Solar Projects’ Deadline Extended

Solar Projects’ Deadline Extended

The government has granted major relief to solar power developers, allowing deadlines for project development to be extended in cases where there were delays caused by circumstances beyond their control.

 

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Andhra Pradesh To Set Up LED Lights In All Villages

Andhra Pradesh To Set Up LED Lights In All Villages

Andhra Pradesh, which has emerged as a pioneer in providing LED street lighting in all the municipal areas in the state, is going to become the no. 1 state in the country in achieving LED street lighting in rural areas as well.

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Cleanmax Solar Eyes 40% Revenue From Overseas Business In 3 Years

Cleanmax Solar Eyes 40% Revenue From Overseas Business In 3 Years

Looking to tap the growing rooftop solar market in the Middle East and South-East Asia, CleanMax Solar is eyeing up to 40 per cent of revenues from overseas business in the next 3 years, a top company official said.

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ONGC Seeks Market Freedom To Open India’s 8th Sedimentary Basin

ONGC Seeks Market Freedom To Open India’s 8th Sedimentary Basin

State-owned Oil and Natural Gas Corp (ONGC) has sought pricing and marketing freedom to help bring to production a one-trillion cubic feet gas discovery that will open up a new sedimentary basin after over three decades.

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HPCL Stake Sale: Govt Seeks Bids For Bankers, Legal Firms

HPCL Stake Sale: Govt Seeks Bids For Bankers, Legal Firms

Kicking off the process for sale of HPCL stake to ONGC, the government has invited bids for appointing merchant bankers and legal consultants for the Rs 28,000 crore deal.

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Centre Plans To Set Up Petrochemical Clusters: Dharmendra Pradhan

Centre Plans To Set Up Petrochemical Clusters: Dharmendra Pradhan

The Centre is planning to set up petrochemical clusters in eastern, western and southern India, to spur growth of the sector amid increasing demand, union minister Dharmendra Pradhan said here today.

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Centre Planning To Make Revisions In Petrochem Industrial Region Policy

Centre Planning To Make Revisions In Petrochem Industrial Region Policy

The Union Ministry of Chemicals and Fertilisers is planning to revise the Petroleum, Chemicals and Petrochemicals Industrial Region (PCPIR) policy 2007 after three of the four PCPIRs failed to achieve the “desired success”.

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Indian Railways Ropes In NIFT To Redesign Blankets; To Increase The Number Of Mechanised Laundries To Clean Linen

Indian Railways Ropes In NIFT To Redesign Blankets; To Increase The Number Of Mechanised Laundries To Clean Linen

Indian Railways has asked NIFT (National Institute of Fashion technology) to redesign the blankets that it provides to passengers in AC coaches.

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Committed For Overall Development Of Railways: Suresh Prabhu

Committed For Overall Development Of Railways: Suresh Prabhu

Railway minister Suresh Prabhu today said his ministry is committed for overall development of the transporter.

 

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Govt Plans Rs 1,000 Crore Funds For Setting Up Bus Terminals

Govt Plans Rs 1,000 Crore Funds For Setting Up Bus Terminals

The Union road transport ministry is ready to offer viability gap funding to the tune of Rs 1,000 crore to its state counterparts to set up large world-class bus terminals in as many as 2,000 cities and towns.

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Railway Board Chairman Asks Passengers To Carry Food From Home

Railway Board Chairman Asks Passengers To Carry Food From Home

Inundated with loads of complaints about poor quality food in trains, Railway Board chairman A K Mittal's patience seemed to tip over as he advised passengers to carry home-cooked food instead of depending on the pantry in trains.

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Railways Plans To Discontinue Providing Blankets In Some AC Trains

Railways Plans To Discontinue Providing Blankets In Some AC Trains

Faced with criticism that it gives dirty blankets to passengers, the railways is working on a pilot project to discontinue providing them in AC coaches in some trains.

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