​GOOD MORNING INDIA!

November 20, 2018, Tuesday

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

Government Brings In New Norms On Solar Power Procurement

Government Brings In New Norms On Solar Power Procurement

The government has implemented new rules for buying power from grid-linked solar power projects through competitive bidding under the National Solar Mission to improve transparency and standardise auctions.

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India's Wind Power Capacity May Grow By Eight-fold To 185 GW By 2030: Report

India's Wind Power Capacity May Grow By Eight-fold To 185 GW By 2030: Report

India might ramp up its wind power capacity by eight-fold to 185 GW from the 2015 level, which would entail investment o f $42 billion, said the International Renewable Energy Agency (Irena).

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RIL May Foray Into Energy Storage Biz

RIL May Foray Into Energy Storage Biz

Mukesh Ambani-promoted RIL is looking at foraying into power-storage business in a bid to expand its profile in the renewable energy sector.

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'Make In India' Will Put India On Global Manufacturing Map:report

'Make In India' Will Put India On Global Manufacturing Map:report

The Narendra Modi’s flagship ‘Make In India’ programme should place India on the global manufacturing map in coming years, with states taking right policy decisions to improve ease of doing business and attract investment, said a study released here on Tuesday.

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MNRE Expects Large-scale Solar Power Prod. From Raipur

MNRE Expects Large-scale Solar Power Prod. From Raipur

The Union Ministry of New and Renewable Energy (MNRE) has launched a pilot scheme for the promotion of large-scale grid-connected roof-top solar PV projects in Raipur city, officials said.

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States producing wind energy asked to ensure regulatory nod for power purchase agreements

States producing wind energy asked to ensure regulatory nod for power purchase agreements

The Centre has asked wind energy-producing states to ensure regulatory approval of power purchase agreements (PPAs) signed when tariffs and equipment costs were higher, and use special powers under the Electricity Act to issue directions to autonomous regulators in public interest, if necessary.

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Hindustan Copper Focuses On Rs 5,000 Cr Expansion Projects

Hindustan Copper Focuses On Rs 5,000 Cr Expansion Projects

Hindustan Copper Ltd (HCL) is focusing on Rs 5, 000 crore of expansion projects which will be executed over the next three to four years, a top company official said on Tuesday.

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Tata Power Synchronises Its 186 MW Hydro Project In Georgia

Tata Power Synchronises Its 186 MW Hydro Project In Georgia

Private utility Tata Power today said it has synchronised its 186 MW Shuakhevi hydro project in Georgia.

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Ashok Leyland To Set Up Centre Of Battery Engineering (CoBE) At IIT Madras

Ashok Leyland To Set Up Centre Of Battery Engineering (CoBE) At IIT Madras

Ashok Leyland and Indian Institute of Technology Madras (IIT Madras) have signed a Memorandum of Understanding (MOU) to set up a Centre of Battery Engineering (CoBE) at IIT Madras.

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Bosch Executes 4 MW Solar Project For NMPT

Bosch Executes 4 MW Solar Project For NMPT

Bosch Ltd, a supplier of technology and services, has commissioned a 4 MW solar project for the New Mangalore Port Trust (NMPT).

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Bajaj Electricals Expects Turnover To Double To Rs 10K Crore In Four Years

Bajaj Electricals Expects Turnover To Double To Rs 10K Crore In Four Years

Bajaj Electricals has targeted a turnover of Rs 5,000 crore this fiscal which it hopes will double over the next four years.

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Aptel Upholds Termination Of Odisha Discoms' Licences

Aptel Upholds Termination Of Odisha Discoms' Licences

In what is perhaps the first development of its kind, three private-run discoms in Odisha are staring at the possibility of losing their power distribution licences for poor performance.

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UP To Invoke NSA, Goonda Act In Fight Against Power Theft

UP To Invoke NSA, Goonda Act In Fight Against Power Theft

Determined to curb power theft that is financially bleeding its power distribution companies (discoms), the BJP-ruled Uttar Pradesh has decided to invoke stringent laws like the National Security Act and Goonda Act to deal with electricity thieves.

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IIT-M Working On Turbine To Harness 40,000 MW Power Locked In Wave Energy

IIT-M Working On Turbine To Harness 40,000 MW Power Locked In Wave Energy

Indian Institute of Technology (IIT)-Madras is working on a turbine that can help bring additional 40 GW of additional electricity, or nearly 13 of the country’s generation capacity, to the national grid by harnessing wave energy.

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PE-Backed India Energy Exchange receives SEBI Nod For IPO

PE-Backed India Energy Exchange receives SEBI Nod For IPO

Private equity-backed Indian Energy Exchange Ltd, the country’s first exchange for trading of electricity and renewable energy certificates

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Global Crude Oil Price Of Indian Basket Was Us$ 50.97 Per Bbl On 21.08.2017

Global Crude Oil Price Of Indian Basket Was Us$ 50.97 Per Bbl On 21.08.2017

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$ 50.97 per barrel (bbl) on 21.08.2017.

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Gail In Three Time-swap Deal For US LNG

Gail In Three Time-swap Deal For US LNG

State-owned utility GAIL India has signed three time-swap deals to sell some of its US liquefied natural gas (LNG) as it rejigs the supply portfolio in line with domestic demand.

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Cairn Energy Adds $249 Mn To Compensation Claim In Retrospective Tax Dispute

Cairn Energy Adds $249 Mn To Compensation Claim In Retrospective Tax Dispute

UK-based Cairn Energy Plc has increased its compensation claim by $249 million in the retrospective dispute case after the income tax department adjusted tax refund due to the oil explorer towards settlement of its tax liabilities.

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Essar Group To Pay Additional Rs 75.48 Per Share To Ex-EOL Shareholders

Essar Group To Pay Additional Rs 75.48 Per Share To Ex-EOL Shareholders

The Essar Group on Tuesday said it will pay an additional Rs 75.48 per share to Essar Oil's ex-shareholders, who tendered their shares at the open offer in the run-up to the delisting of the company that was sold to the Russian giant Rosneft on Monday for USD 12.9 billion.

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ONGC To Hire Investment Bankers To Advise It On HPCL Acquisition

ONGC To Hire Investment Bankers To Advise It On HPCL Acquisition

ONGC plans to hire investment bankers to advise it on acquisition of government's 51.11 per cent stake in oil refiner HPCL , apart from the one that the government will rope in to manage its disinvestment.

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91 Uttar Pradesh Petrol Pumps’ Licences Cancelled

91 Uttar Pradesh Petrol Pumps’ Licences Cancelled

State oil companies have cancelled the licences of 91 petrol pump dealers in Uttar Pradesh that had tampered with their dispensers to cheat fuel buyers.

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Cairn Energy Sets Out Oil Resource For Senegal's SNE Field

Cairn Energy Sets Out Oil Resource For Senegal's SNE Field

Having completed a five-well appraisal drilling programme offshore Senegal earlier in the summer, Cairn Energy said it now was targeting production rates of 75,000-125,000 barrels of oil per day with first oil planned 2021-2023.

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India Assures To Speed Up Chabahar Rail Link Project

India Assures To Speed Up Chabahar Rail Link Project

India has assured Iran that it will fast track the $1.6 billion-Chabahar rail link project, which will connect the port on the southern coast of the Gulf nation to the eastern city of Zahedan on the border with Afghanistan.

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Railways To Hire 2 Lakh Workers To Put Safety Back On Track

Railways To Hire 2 Lakh Workers To Put Safety Back On Track

Indian Railways will hire close to 200,000 workers over the next few years in a recruitment drive aimed at strengthening its safety and ground patrolling divisions.

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Utkal Express Tragedy: Blame Game Begins As Inspection Team Alleges Negligence

Utkal Express Tragedy: Blame Game Begins As Inspection Team Alleges Negligence

A joint inspection team probing the derailment of the Kalinga Utkal Express, which left 23 dead and 156 injured on Saturday evening, has observed several glaring lapses that could have led to the tragedy.

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SCR To Run Special Trains Between Secunderabad-Howrah

SCR To Run Special Trains Between Secunderabad-Howrah

In order to clear extra rush of passengers and cater to the needs of passengers in view of cancellation of regular train services bound towards Guwahati due to floods in North Frontier Railway

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Panchavati Express Will Get ‘Adarsh’ Tag On Oct. 2

Panchavati Express Will Get ‘Adarsh’ Tag On Oct. 2

This October 2, on the occasion of Gandhi Jayanti, the Manmad-Nashik-Mumbai Panchavati Express will be declared an ‘Adarsh’ train by Rail Parishad.

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NF Railway Conducts Intensive Catering Inspection

NF Railway Conducts Intensive Catering Inspection

The Northeast Frontier Railways has realised fines amounting to Rs. 10.30 lakhs during an intensive catering inspection period from August 1-15, an official informed today.

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‘Unflinching Commitment’ To Poor, Downtrodden: Indian Railways

‘Unflinching Commitment’ To Poor, Downtrodden: Indian Railways

To dispel “myths” about Indian Railways favoring the high-cost bullet train over safety of passengers, an official mail from the Indian Railways on Monday stated that they are equally devoted to providing services and amenities to different segments of commuters.

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