​GOOD MORNING INDIA!

November 13, 2018, Tuesday

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

India Records Highest-Ever Renewable Energy Generation

India Records Highest-Ever Renewable Energy Generation

The month of June 2017 will go down in the history of India’s energy sector as the period when the nation recorded the highest monthly power generation from renewable energy sources, reinforcing hopes the country is on track to meet its ambitious green energy targets.

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‘New Policy May Help Revive Interest In Coal Bed Methane’

‘New Policy May Help Revive Interest In Coal Bed Methane’

India has the third-largest reserves of coal in the world. Therefore, the expectation is that there is also a high potential for coal bed methane (CBM), said Prashant Modi, CEO of Great Eastern Energy Corporation.

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Power Grid Leads The Race For Eastern Region System Strengthening Scheme

Power Grid Leads The Race For Eastern Region System Strengthening Scheme

In a major boost to the Power Grid Corporation of India Limited has emerged as the successful bidder for the Eastern Region System Strengthening Scheme -XXI (ERSS XXI) in Bihar under Tariff based competitive bidding for ISTS.

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Two Indian Renewable Power Producers Plan To Sell $750 Million In Domestic Bonds

Two Indian Renewable Power Producers Plan To Sell $750 Million In Domestic Bonds

Two of India’s biggest renewable energy companies, Greenko Group PLC and ReNew Power Ventures Pvt Ltd, plan to sell a combined $750 million worth of rupee-denominated bonds in the domestic market, three bankers told Reuters on Tuesday.

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GCL, MYSUN Collaborate To Launch High Quality Solar Kits For Indian Homes

GCL, MYSUN Collaborate To Launch High Quality Solar Kits For Indian Homes

MYSUN, an end-to-end solar solutions provider and GCL System Integration Technology Co. Ltd., a group company of Golden Concord Holdings Ltd., Hong Kong, on Tuesday announced a strategic partnership, facilitating the launch of 'GCL G-Home rooftop solar kits tailor-made for the Indian market.

 

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Mytrah Energy Buys Back IDFC Alt’s Stake With Piramal’s Debt Funding

Mytrah Energy Buys Back IDFC Alt’s Stake With Piramal’s Debt Funding

Mytrah Energy Ltd, a renewable energy producer listed on the London Stock Exchange’s AIM segment, has raised $277 million (Rs 1,800 crore) from business conglomerate Piramal Group via non-convertible debentures, a press statement said.

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China Quickens Work On Pakistan Utility In Area Claimed By India

China Quickens Work On Pakistan Utility In Area Claimed By India

China is racing to finish one of the biggest hydro-power projects in Pakistan ahead of schedule, yet its location in the long-contested region of Kashmir will draw ire from India.

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Maoists Blow Up Solar Power Plant In Gaya

Maoists Blow Up Solar Power Plant In Gaya

Maoists blew up a solar power plant in Bihars Gaya district, damaging its control room and workers accommodation unit, a police officer said today.

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New Type Of Washable Solar Cell Developed

New Type Of Washable Solar Cell Developed

Scientists have developed a new type of water-proof solar cell which can provide electricity even after being soaked in water or stretched and compressed.

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Tata Steel, Teri Launch ‘green School Project’ In Odisha

Tata Steel, Teri Launch ‘green School Project’ In Odisha

Tata Steel has in association with The Energy and Resources Institute (TERI) launched an initiative to create awareness about environment issues in school campuses in Odisha’s Jajpur district, an official said on Tuesday.

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Second Kudankulam 1,000 Mw Nuclear Plant To Restart On October 7

Second Kudankulam 1,000 MW Nuclear Plant To Restart On October 7

The second 1,000 MW nuclear power unit at Kudankulam is expected to restart power generation on October 7, the Power System Operation Corporation Ltd (Posoco) said. 

 

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ADB To Lend USD 500m For Indian Rooftop PV Arrays

ADB To Lend USD 500m For Indian Rooftop PV Arrays

Rooftop solar projects in India will be supported through up to USD 500 million (EUR 418.3m) in financing provided by the Asian Development Bank (ADB), a government statement says.

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India Inc Charges Up On Battery Manufacturing: Reliance, Suzuki, Adani To Set Up Billion Dollar Battery Factories Among Others

India Inc Charges Up On Battery Manufacturing: Reliance, Suzuki, Adani To Set Up Billion Dollar Battery Factories Among Others

India Inc is planning a huge energy reset, as the heavyweight companies including Reliance Industries, Hero Motocorp, and Adani are readying plans to enter battery manufacturing and battery pack assembly with investments running into several billion dollars over the next decade or so, according to a new report in factordaily.com.

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India Is About To Embark On The Most Ambitious Electric-Car Transformation In The World

India Is About To Embark On The Most Ambitious Electric-Car Transformation In The World

The world’s fifth-largest auto market is readying for a stupendous transformation: moving completely towards electric vehicles (EVs) by 2030.

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Goyal Promises Smooth Coal Supply To Power Plants By Early Oct

Goyal Promises Smooth Coal Supply To Power Plants By Early Oct

Coal Minister Piyush Goyal today said his ministry is taking urgent steps to ensure coal supplies to power stations stabilise by month end or early October.

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Mahanadi Coalfields May Face Rs 20,000 Crore Penalty On SC Order

Mahanadi Coalfields May Face Rs 20,000 Crore Penalty On SC Order

Coal India subsidiary Mahanadi Coalfields Limited can face a penalty of more than Rs 20,000 crore in the wake of a Supreme Court order that rendered illegal all mineral production in violation of environmental laws.

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A Case For Continued Support For Green Energy

A Case For Continued Support For Green Energy

Going by recent reports, it appears that the Union government is contemplating withdrawing all kind of incentives that are being provided to renewables-based electricity by 2022.

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Mytrah Energy Raises Rs.1, 800 Crore To Fuel Expansion Drive

Mytrah Energy Raises Rs.1, 800 Crore To Fuel Expansion Drive

Hyderabad-based renewable power producer Mytrah raised Rs. 1,800 Crore from Piramal Group’s financial services companies in order to pace up the momentum of growth.

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Indian Oil Pays Rs 2,935 Cr VAT To Odisha Government

Indian Oil Pays Rs 2,935 Cr VAT To Odisha Government

Indian Oil has paid Rs 2,935 crore to the Odisha government towards value added tax (VAT) for Paradip Refinery, said a statement on Tuesday.

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Global Crude Oil Price Of Indian Basket Was US$ 54.69 Per Bbl On 18.09.2017

Global Crude Oil Price Of Indian Basket Was US$ 54.69 Per Bbl On 18.09.2017

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$ 54.69 per barrel (bbl) on 18.09.2017.

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Why Should Only Petro Consumers Pay For Infra Projects: Reddy

Why Should Only Petro Consumers Pay For Infra Projects: Reddy

Former oil minister S Jaipal Reddy has questioned the Centres policy of utilising its revenues from petroleum products for infrastructure projects, saying the high prices of diesel and petrol are hitting the middle class hard.

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IOC, BPCL,HPCL To Borrow More To Keep Up Capital Spend:Moody's

IOC, BPCL,HPCL To Borrow More To Keep Up Capital Spend:Moody's

State-owned fuel retailers IOC, BPCL and HPCL will go in for increased borrowings to sustain high dividend payments and capital spending this fiscal, keeping their credit metrics weak, Moody's Investors Service said today.

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Ujjawala Plus: Here's How To Get Tax Relief By Sponsoring An LPG Connection

Ujjawala Plus: Here's How To Get Tax Relief By Sponsoring An LPG Connection

The Narendra Modi government is planning to offer some tax relief to those who are willing to donate cooking gas connections for poor households, reported the Times of India.

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What Caused The Hike In Fuel Prices And How Modi Govt Can Put A Lid On It

What Caused The Hike In Fuel Prices And How Modi Govt Can Put A Lid On It

Petroleum Minister Dharmendra Pradhan is under intense political pressure, writes A K Bhattacharya, adding that Pradhan "is being asked to reduce retail prices of petrol and diesel.

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Japan's Mitsui OSK Targets 26 Percent Stake In Swan's Indian LNG Unit

Japan's Mitsui OSK Targets 26 Percent Stake In Swan's Indian LNG Unit

Japan's leading shipper Mitsui OSK Lines aims to buy at least a 26 percent stake in a floating storage regassification unit (FSRU) in India, a company official said, to boost its exposure in the west coast project of Swan Energy.

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Petroleum Minister Co-Chair 13th Inter-Governmental Commission Meeting At Astana, Kazakhstan

Petroleum Minister Co-Chair 13th Inter-Governmental Commission Meeting At Astana, Kazakhstan

Union Minister for Petroleum and Natural Gas and Skill Development and Entrepreneurship, Shri Dharmendra Pradhan will be visiting Astana

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OVL, Partners Renew Azeri Oil Field Contract

OVL, Partners Renew Azeri Oil Field Contract

ONGC Videsh Ltd and its partners in Azerbaijan's giant ACG oil fields have agreed to pay USD 3.6 billion bonus to the Azeri government for extension of the field contract by 25 years to 2049.

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Oil Minister Dharmendra Pradhan Will Co-chair Two-day IGC Meeting With Kazakhstan

Oil Minister Dharmendra Pradhan Will Co-chair Two-Day IGC Meeting With Kazakhstan

Oil Minister Dharmendra Pradhan will co-chair the two-day meeting of Inter-Governmental Commission (IGC) with Kazakhstan beginning Tuesday.

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Govt Won’t Force Makers Of Petrol, Diesel Cars Out Of Business: Gadkari

Govt Won’t Force Makers Of Petrol, Diesel Cars Out Of Business: Gadkari

Road transport minister Nitin Gadkari said the government has asked automakers to develop vehicles that run on alternative fuels and fuel companies to develop bio-fuels, but doesn't intend to shut their business even as India pushes the pedal to the metal on its electric vehicle ambitions.

 

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HPCL, France’s Total May Revive Plan For LPG Storage Facility In Mangaluru

HPCL, France’s Total May Revive Plan For LPG Storage Facility In Mangaluru

State-run Hindustan Petroleum Corp. Ltd (HPCL) and France’s Total SA may revive their plan to build an underground liquefied petroleum gas (LPG) storage facility in Mangaluru, said Mukesh Kumar Surana, chairman and managing director of HPCL.

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Fuel Prices May Come Down By Diwali, Says Pradhan

Fuel Prices May Come Down By Diwali, Says Pradhan

Amid criticism by opposition parties of a sharp rise in oil prices, Petroleum and Natural Gas Minister Dharmendra Pradhan said that fuel prices may come down by Diwali, which is next month.

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4,000 Special Trains To Clear Festive Rush

4,000 Special Trains To Clear Festive Rush

In a bid to clear extra rush during the festival season, the railways will run 4,000 special trains between September 20 and October 30.

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Jaitley, Prabhu, Goyal Hold High-level Meetings To Take Stock Of The Economy

Jaitley, Prabhu, Goyal Hold High-level Meetings To Take Stock Of The Economy

Finance Minister Arun Jaitley-led group of ministers, including Commerce Minister Suresh Prabhu, and Railway Minister Piyush Goyal, on Tuesday concluded a string of meetings to assess and analyse the country's current economic scenario.

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Commissioner Of Railway Safety Submits Preliminary Report On Derailment Accident Of Train No.12225 Kaifiyat Express

Commissioner Of Railway Safety Submits Preliminary Report On Derailment Accident Of Train No.12225 Kaifiyat Express

Shri Satish Kumar Pandey, Commissioner of Railway Safety, North Eastern Circle, held a statutory inquiry into the Derailment of train no.12225 Kaifiyat Express between Achalda- Pata Stations on Kanpur Tundla Broad Guage Electrified section of Allahabad Division of North Central Railway on 23.08.2017 at about 02.40 Hrs.

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Work On Rs 44,000 Crore Mumbai-Vadodara Expressway To Commence In A Month: Nitin Gadkari

Union Minister Nitin Gadkari on Tuesday said the construction work of Rs 44,000 crore Mumbai-Vadodara Expressway will begin in another one month, after which one can cover the distance between the two cities in less than three hours.

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2018 Suzuki Swift Sport Makes Its Global Debut At Frankfurt

2018 Suzuki Swift Sport Makes Its Global Debut At Frankfurt

Japanese automaker Suzuki has unwrapped covers of the 2017 Suzuki Swift Sport in the ongoing 2017 Frankfurt Motor Show and it gets the same shade of yellow that was first teased online.

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PM Modi To Flag Off Varanasi-Vadodara Mahamana Express On September 22

PM Modi To Flag Off Varanasi-Vadodara Mahamana Express On September 22

Prime Minister Narendra Modi will flag off the country’s third Mahamana Express from his Lok Sabha constituency of Varanasi on September 22, senior railway officials said today.

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Festival Rush: Railways Announce Big Plans For Dussehra, Diwali And Chhath

Festival Rush: Railways Announce Big Plans For Dussehra, Diwali And Chhath

With a number of festivals like Dussehra, Diwali and Chhat lined up in the coming days, the Centre has decided to ply 4000 special trains this year for passengers wishing to visit their near and dear ones.

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Split Of Chairman, MD Posts At Listed Firms: PSUs May Be First

Split Of Chairman, MD Posts At Listed Firms: PSUs May Be First

As a Sebi panel on corporate governance mulls benefits of splitting posts of chairman and managing director at listed firms, the public sector units may be the first where such a move could be implemented.

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Nitish Kumar Not Ready To Lose Make In India Project, Preps To Meet Rail Minister

Nitish Kumar Not Ready To Lose Make In India Project, Preps To Meet Rail Minister

Bihar chief minister Nitish Kumar has said that he would meet Railways Minister Piyush Goyal to discuss the proposed plan of building a diesel engine factory in Chhapra in Bihar – a project that was billed as India's biggest Make in India project.

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Two Trains Derail At The Same Spot Within 10 Hrs In UP

Two Trains Derail At The Same Spot Within 10 Hrs In UP

Two trains derailed at the same spot in a span of 10 hours in Sitapur district of Uttar Pradesh, but no casualties were reported.

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Going Paperless: Railways To Stop Pasting Reservation Charts On Coaches

Going Paperless: Railways To Stop Pasting Reservation Charts On Coaches

Remember rushing to reserved coaches on platforms to check if the lengthy lists on the outside of the bogie bore your berth details on a long distance journey?

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Coming Soon, A Brand New, Faster Rajdhani Express

The railways will introduce within a month a brand new, and faster, Rajdhani Express on the Mumbai-Delhiroute, the third Rajdhani train on the route, senior officials said yesterday.

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S'pore Business Community To Hold Conference On Indian Market

S'pore Business Community To Hold Conference On Indian Market

Singapore business community will hold a one-day brain-storming conference on understanding and overcoming challenges of doing business in India.

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Government Brings Out New Rules To Bring Responsible Driving

Government Brings Out New Rules To Bring Responsible Driving

The road transport ministry has notified detailed regulations for drivers, which include dozens of dos and don'ts. Violation of these norms notified under the Rules of Road Regulations is an offence under the Motor Vehicle Act.

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Goods Train Derails In Uttar Pradesh

Goods Train Derails In Uttar Pradesh

The engine of a goods train derailed in Uttar Pradesh's Sitapur on Tuesday , an official said.

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Railways to Make Your Durga Puja Merrier This Year, Thanks to Special Menus

Railways to Make Your Durga Puja Merrier This Year, Thanks to Special Menus

As the countdown to Durga Puja begins, Indian Railway Catering and Tourism Corporation (IRCTC) is gearing up to make the festive season a lot merrier for its passengers.

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Bombardier Transportation Appoints Sudhir Rao As MD

Bombardier Transportation Appoints Sudhir Rao As MD

Rail technology leader Bombardier Transportation announced on Tuesday that Sudhir Rao is to assume the role of Managing Director at BombardierTransportation in India.

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Railway Cancels A Few Services In Kerala, Other North-eastern States Due To Heavy Rain

Railway Cancels A Few Services In Kerala, Other North-Eastern States Due To Heavy Rain

A few trains have cancelled their service due to heavy rain in North Eastern states. Guwahati-Trivandrum Express that was to leave from Guwahati on September 20th and 21st has been cancelled.

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New Rajdhani Express Between Delhi and Mumbai Will Save 4 Hours

New Rajdhani Express Between Delhi and Mumbai Will Save 4 Hours

A new Rajdhani Express service between Delhi and Mumbai can be started on Diwali, which will save four hours of travel time.

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Railways, RTC Gear Up For Brahmotsavams

As the nine-day annual Brahmotsavams of Lord Venkateswara will be commencing on September 23, the Railways and RTC are gearing up to meet additional influx of pilgrims.

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