​GOOD MORNING INDIA!

November 14, 2018, Wednesday

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

MUST READ

Power Ministry's Policy of Coal Allocation Under SHAKTI Can Be A Real Game-changer

Power Ministry's Policy of Coal Allocation Under SHAKTI Can Be A Real Game-changer

The Union power ministry’s policy for auction of long-term coal linkages can prove a real game-changer in the Indian electricity sector if state-owned utilities make use of it to harness private sector’s efficiency in generation.

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Affordable Power: Gujarat Shows The Way

Affordable Power: Gujarat Shows The Way

The state of Gujarat has taken the lead in reducing cost of electricity to consumers by taking advantage of the flexibility granted by the Centre in utilisation of domestic coal, a move that would also help fuel-starved private generating stations start operations and repay loans, potentially providing relief to the banking system reeling under bad loans.

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Take a deep breath, India, and switch to electric cars

Piyush Goyal Defends GST Council Decision To Increase Cess on Hybrid Cars

Union power minister Piyush Goyal on Tuesday strongly defended the GST Council’s decision to increase cess on hybrid cars, saying they do not save much fuel.

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NTPC Seeks Advice To Surrender Two Coal Mines In Chhattisgarh

NTPC Seeks Advice To Surrender Two Coal Mines In Chhattisgarh

State-owned NTPC has sought the advise of consultancy arm of Coal India, CMPDIL, to surrender its two coal blocks as the mines were discovered to be economically and technically unviable.

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BHEL's Global Presence Expands To 82 Countries

BHEL's Global Presence Expands To 82 Countries

With fresh orders for power equipment supply drying up in the domestic market, BHEL has stepped up its focus on export markets. And its efforts seem to be paying off.

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Tough Times Beckon For Coastal Power Plants On Imported Coal

Tough Times Beckon For Coastal Power Plants On Imported Coal

Tough times beckon for power plants set up in coastal areas and running on imported fuel, with the price of Indonesian coal shooting up on increased Chinese imports.

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Haryana waives wheeling charges on power generated from solar plants

Haryana Waives Wheeling Charges On Power Generated From Solar Plants

The Haryana government has waived intra-state wheeling charges, cross subsidy charges, transmission and distribution charges on the electricity generated from solar power plants in the state.

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NTPC

NTPC To Buy Out UP Govt Stake In Meja power JV

New Delhi: Country's largest power producer National Thermal Power Corporation (NTPC) is looking to take over the Uttar Pradesh government's 50% equity in the 1,320 mega watt (MW) Meja power project as it seeks to lower the cost of electricity in the state and bring about greater efficiency.

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Hindalco

Hindalco Board To Meet On Friday, May Approve Raising of Rs 4,400 Cr Debt

The board of Hindalco Industries, which is meeting on Friday, will consider company management’s proposal to raise up to Rs 4,400 crore via debt.

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uppcl

National Solar Energy Federation seeks more time for solar projects in UP

Earlier last month, Uttar Pradesh Power Corporation (UPPCL) had cancelled power purchase agreements (PPAs) with a few firms for delay in commissioning projects as per schedule.

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Talk on 'The BP Statistical Review of World Energy'

Talk on 'The BP Statistical Review of World Energy'

The BP Statistical Review of World Energy provides high-quality objective and globally consistent data on world energy markets. In this edition, we note that growth in global primary energy consumption remained low in 2016; and the fuel mix shifted away from coal towards lower carbon fuels.

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Global Crude oil price of Indian Basket was US$ 51.04 per bbl on 07.08.2017

Global Crude Oil Price Of Indian Basket Was US$ 51.04 Per bbl On 07.08.2017

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$ 51.04 per barrel (bbl) on 07.08.2017.

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Rs 75,500 crore RIL debt maturing, Ambani may hit bond market soon

Rs 75,500 crore RIL Debt Maturing, Ambani May Hit Bond Market Soon

Reliance Industries Ltd. plans to refinance a significant portion of about $12 billion of borrowings that mature over the next three years and may sell bonds to repay the debt, according to company executives with knowledge of the matter.

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Govt receives 45 proposals in a month for mega oil and gas auctions

Govt Receives 45 Proposals In A Month For Mega Oil And Gas Auctions

New Delhi: India’s upstream petroleum regulator Directorate General of Hydrocarbons (DGH) has received as many as 45 Expressions of Interest (EoI) in a little over a month for various fields to be bid out under the mega oil and gas auctions

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ONGC Videsh to pump $150 million in Colombia, Kazakhstan & Bangladesh

ONGC Videsh To Pump $150 Million In Colombia, Kazakhstan & Bangladesh

NEW DELHI: ONGC Videsh, the overseas arm of the state-run Oil and Natural Gas Corp, plans to invest $150 million in exploration this fiscal year

 

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We are expecting a lot of good orders in the oil and gas sector from GAIL: Neeraj Kumar, Jindal Saw

We Are Expecting A Lot of Good Orders In The Oil and Gas Sector From GAIL: Neeraj Kumar, Jindal Saw

In a chat with ET Now, Neeraj Kumar, CEO, Jindal Saw said that, "the spike in the raw material prices in the last quarter has resulted in this temporary fall but hopefully during this year we would be able to pass in all these increases to the customers.

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oil

Crude Oil Prices Fall Further As Libyan Oilfield Resumes Production

Global benchmark Brent crude futures were down 18 cents, or 0.3 percent, at $52.19 a barrel by 0038 GMT after dipping 0.1 percent in the previous session.

 

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natural gas

US Natural Gas Emerging As Rival to Russia in Europe

The growth of shale gas extraction is positioning the United States to be a bigger natural gas exporter, potentially challenging Russia's hold on the European market.

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Shell Restarts Part Of Europe's Largest Oil Refinery

Shell Restarts Part Of Europe's Largest Oil Refinery

Royal Dutch Shell said on Tuesday it was restarting a number of units at Europe's largest oil refinery in the Netherlands following a 10-day outage.

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Rosneft Says Lent Venezuela's State Oil Firm A Total Of $6 Billion

Rosneft Says Lent Venezuela's State Oil Firm A Total Of $6 Billion

Russia's largest oil producer Rosneft said on Tuesday it had made around $6 billion in pre-payments to Venezuelan state oil company PDVSA and had no immediate plans to make any further advance payments soon.

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Black & Veatch Appoints Rajiv Menon As India MD

Black & Veatch Appoints Rajiv Menon As India MD

Global Engineering, Procurement and Construction (EPC) company Black & Veatch today announced it has appointed Rajiv Menon as new Managing Director for its India business.

 

 

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railways

Jammu Tawi-Rourkela Express Extended To Sambalpur

Sambalpur can look forward to a direct rail link to Jammu via Allahabad as the railways has decided to extend the Jammu Tawi-Rourkela Express up to the town from this month.

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