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November 15, 2018, Thursday

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

MUST READ

India Is Now The World’s Best Place For Investments: Piyush Goyal

India Is Now The World’s Best Place For Investments: Piyush Goyal

Union Minister of Railways and Coal, Piyush Goyal said on Thursday that India has now become the world’s best place for investments with the abolition of the Foreign Investment Promotion Board and with most of FDI being placed under the automatic route.

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Rail Ecosystem Can Create 10 Lakh Jobs In A Year: Piyush Goyal

Rail Ecosystem Can Create 10 Lakh Jobs In A Year: Piyush Goyal

Working on various areas across the railway ecosystem in India can create 10 lakh jobs within a year, Union Minister Piyush Goyal said today.

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Railways Can Be The Vehicle To Change Economic Perspective In India: Piyush Goyal

Railways Can Be The Vehicle To Change Economic Perspective In India: Piyush Goyal

While addressing the 33rd India Economic Summit in New Delhi, Union Minister of Railways Piyush Goyal on Wednesday asserted that railways can be the vehicle to change the dynamics or economic perspective in the country.

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RBI Should Help Government Revive Stalled Projects, Says Piyush Goyal

RBI Should Help Government Revive Stalled Projects, Says Piyush Goyal

As the government looks for a booster shot for the faltering economy, Railway Minister Piyush Goyal on Thursday said the Reserve Bank should help reignite stalled projects by creating a framework for restarting them.

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Incentivisation Will Push Digitisation, Says Railway Minister Piyush Goyal

Incentivisation Will Push Digitisation, Says Railway Minister Piyush Goyal

A shift towards a digital economy is natural -- that's the word coming from railway minister Piyush Goyal.

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Govt To Provide Fiscal Stimulus To Boost Industrial Growth: Prabhu

Govt To Provide Fiscal Stimulus To Boost Industrial Growth: Prabhu

Commerce and Industry Minister Suresh Prabhu said on Thursday that the government was exploring fiscal stimulus measures to spur industrial growth and promote job creation, amid concerns about a sharp slowdown in the economy.

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Forbes India Rich List: Ambani Richest With $38 Bn Net Worth, Premji 2nd

Forbes India Rich List: Ambani Richest With $38 Bn Net Worth, Premji 2nd

Even as the country is facing economic hiccups and the government facing criticisms from various quarters over its handling of the economy, the wealthiest people in India do not seem to be affected.

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BSES Consumers To Get Cash Back For Early Payment

BSES Consumers To Get Cash Back For Early Payment

BSES Delhi power distribution companies on Thursday said around 40 lakh consumers can get cash-back as a reward for making timely payment of their electricity bills digitally.

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How Professors At IITs Are Improving India's Solar Power Efficiencies

How Professors At IITs Are Improving India's Solar Power Efficiencies

The IIT campus was not ready when Saroj Nayak moved to Bhubaneswar from the US in 2012.

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India Gets Lowest Wind Tariff Of Rs. 2.64 per kWh In Second Wind Auction Of 1000 MW

India Gets Lowest Wind Tariff Of Rs. 2.64 per kWh In Second Wind Auction Of 1000 MW

The wind tariff in India touched lowest level of Rs.2.64 per kWh in the second wind auction conducted by the Solar Energy Corporation of India (SECI) on behalf of Ministry of New & Renewable Energy, Government of India on 4 October 2017.

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GE Completes First Phase Of Champa-Kurukshetra HVDC Link

GE Completes First Phase Of Champa-Kurukshetra HVDC Link

Multinational conglomerate GE has completed the first phase of Champa-Kurukshetra HVDC (high voltage direct current) link, an energy highway transmitting 3,000 MW in India for the first time.

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CLCSS Scheme For MSMEs To Continue, MSME Secretary Arun Panda Reiterates

CLCSS Scheme For MSMEs To Continue, MSME Secretary Arun Panda Reiterates

The Credit Linked Capital Subsidy Scheme (CLCSS) of the Government to encourage technology upgradation of Micro, Small and Medium Enterprises (MSMEs) will continue to be implemented, Dr. Arun Panda, Secretary, Ministry of MSME clarified during an interaction with MSME associations recently.

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From Vietnam To Vanuatu: Financing The Clean Energy Revolution In Emerging Economies

From Vietnam To Vanuatu: Financing The Clean Energy Revolution In Emerging Economies

China faces an unprecedented water crisis; years of overuse, unchecked industrial pollution and urbanisation have pushed its rivers, lakes, wetlands and streams to breaking point, many have dried out or have turned vivid colours through chemical contamination killing aquatic life. 

 

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India's Mahindra & Mahindra Up; EESL To Purchase 150 Electric Cars From Co

India's Mahindra & Mahindra Up; EESL To Purchase 150 Electric Cars From Co

Mahindra and Mahindra Ltd rises as much as 2.1 pct to 1,316 rupees, highest since Sept 13

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Indian Energy Exchange IPO To Open On 9 October: 5 Key Things About Rs 1,001 Crore Public Offer

Indian Energy Exchange IPO To Open On 9 October: 5 Key Things About Rs 1,001 Crore Public Offer

Indian Energy Exchange Rs 1,001 crore IPO (initial public offer) is all set to open for subscription on 9 October. 

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India's Renewable Energy Capacity To Double By 2022: IEA

India's Renewable Energy Capacity To Double By 2022: IEA

India’s renewable energy capacity will be more than double by 2022, according to the latest renewables market analysis and forecast report by the International Energy Agency (IEA).

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Electric Cars For Babus: Is It Really Mahindra Vs Tata Motors In Indian Electric Car Space? Not Really

Electric Cars For Babus: Is It Really Mahindra Vs Tata Motors In Indian Electric Car Space? Not Really

The recent tender to procure 10,000 electric cars by state-run Energy Efficiency Services Limited (ESSL) saw top Indian auto-makers such as Tata Motors and Mahindra & Mahindra bidding for what is claimed to be the largest procurement of electric vehicles anywhere in the world. 

 

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New Era In Solar Energy Fuelling Growth In Renewables: International Energy Agency

New Era In Solar Energy Fuelling Growth In Renewables: International Energy Agency

The renewable energy sector is growing faster than expected, driven largely by a "new era" in solar power and strong expansion in China, the International Energy Agency said on Wednesday.

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India’s Wind Power Tariff Falls To A Record Low Of Rs2.64 Per Unit

India’s Wind Power Tariff Falls To A Record Low Of Rs2.64 Per Unit

India’s wind power tariff fell to a record low of Rs2.64 per unit in an auction conducted by state-run Solar Energy Corp. of India (SECI) for 1 gigawatt (GW) of wind power contracts that ended in the wee hours of Thursday morning.

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India's August Coal Shipments Fall 14 Percent, Government Says

India's August Coal Shipments Fall 14 Percent, Government Says

Coal shipments handled by major Indian ports in August fell over 14 percent from a year earlier to 9.3 million tonnes, government data showed, as demand for overseas coal declined due to higher domestic production.

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How To Power The New India? Is Saubhagya The Answer?

How To Power The New India? Is Saubhagya The Answer?

The government has launched the Saubhagya scheme with a projected outlay of `160 billion and with an objective of providing household electrification, especially in rural areas.

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Sachin Tendulkar’s New Innings Light Up Rural Lives Through Solar Power

Sachin Tendulkar’s New Innings Light Up Rural Lives Through Solar Power

“Ek chhota sa chirag tha jo bas raat mein jalaate the, aur ab suraj aa gaya hai ghar pe (A flickering lamp was burnt in the night and now we have the sun at home),” said Zuleqa Bano with a smile as she demonstrated how the three solar powered LED lights at her home functioned at the press of a button.

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Oil Rises 2 Percent, Boosted By Potential OPEC Deal

Oil Rises 2 Percent, Boosted By Potential OPEC Deal

Oil prices rose about 2 percent on Thursday as signs Saudi Arabia and Russia would limit production through next year pushed the USbenchmark back above $50 a barrel.

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Centre Wants States To Cut VAT On Petrol, Diesel By 5 Per Cent

Centre Wants States To Cut VAT On Petrol, Diesel By 5 Per Cent

The Centre wants states to do their bit in bringing down fuel prices by slashing state taxes following Tuesday’s cut in central excise duty on petrol and diesel.

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Global Oil Major Saudi Aramco To Be Next After Rosneft To Invest Big Time In India’s Petroleum Sector

Global Oil Major Saudi Aramco To Be Next After Rosneft To Invest Big Time In India’s Petroleum Sector

Notwithstanding reports of a slowdown in the country’s industrial growth, the future of India’s petroleum sector continues to be upbeat.

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Saudi Aramco Plans Expansion In India With New Unit

Saudi Aramco Plans Expansion In India With New Unit

Oil giant Saudi Aramco will open an Indian subsidiary next week, three sources said, as the top global oil exporter looks to tap rising demand and invest in the world's third-biggest consumer.

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Petrol, Diesel Price Cut: States Should Follow In Centre’s Footsteps, Cut Taxes On Fuels

Petrol, Diesel Price Cut: States Should Follow In Centre’s Footsteps, Cut Taxes On Fuels

Oil Minister Dharmendra Pradhan today asked states to follow the Centre’s footsteps in cutting taxes on petrol and diesel and said auto fuel as also natural gas should be included in the GST to cut cascading effect of duties.

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Global Crude Oil Price Of Indian Basket Was US$ 54.60 Per Bbl On 4.10.2017

Global Crude Oil Price Of Indian Basket Was US$ 54.60 Per Bbl On 4.10.2017

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$ 54.60 per barrel (bbl) on 4.10.2017.

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NGT Asks MoEF To Approve Emission Norms For Diesel Locomotives

NGT Asks MoEF To Approve Emission Norms For Diesel Locomotives

The National Green Tribunal has directed the Ministry of Environment and Forests (MoEF) to expeditiously approve the draft emission standards for diesel locomotives submitted by the Central Pollution Control Board.

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Saudi Oil Minister: U.S. Shale Oil Coming To Market In 2018 "Doesn't Bother Me"

Saudi Oil Minister: U.S. Shale Oil Coming To Market In 2018 "Doesn't Bother Me"

U.S. shale oil coming to the market is not a concern, Saudi Energy Minister Khalid al-Falih said on Thursday, adding that demand will absorb it.

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Maharashtra: Oil Companies To Face Heat For Petrol Pump Frauds, Says Girish Bapat

Maharashtra: Oil Companies To Face Heat For Petrol Pump Frauds, Says Girish Bapat

The Maharashtra government Wednesday said it would act against oil and gas companies in cases where their authorised petrol pump dealers were caught short-changing consumers.

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IDFC Securities Adds ONGC To Top Picks On ‘impressive Output’

IDFC Securities Adds ONGC To Top Picks On ‘impressive Output’

India Inc.'s earnings are bound to be volatile for the next few quarters due to disruptions from the Goods and Services Tax and weak underlying economic activity, said IDFC Securities in its 'India Strategy' report.

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New Nanomaterial Can Create Hydrogen Fuel From Seawater

New Nanomaterial Can Create Hydrogen Fuel From Seawater

In a breakthrough, scientists have developed a new nanomaterial that uses solar energy to generate hydrogen from seawater, producing the low cost and clean-burning fuel more efficiently than existing materials.

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India Seeks To Rework More LNG Contracts Amid Surplus, GAIL Says

India Seeks To Rework More LNG Contracts Amid Surplus, GAIL Says

India is pushing to renegotiate more liquefied natural gas deals after its success in reaching agreements with some of the world’s largest energy suppliers.

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Oil Prices Plummet On Record US Crude Exports

Oil Prices Plummet On Record US Crude Exports

Oil prices witnessed fall during early trade on Thursday after US reported record crude exports, although market participants said that attempts by OPEC to trim output remained well supported.

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India's H-Energy To Start West Coast LNG Terminal In May 2018

India's H-Energy To Start West Coast LNG Terminal In May 2018

India's H-EnergyPvt Ltd, a unit of real estate group Hiranandani, will start operations at its liquefied natural gas (LNG) terminal in the western Maharashtra state by May 2018, its chief executive said on Wednesday.

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India To Renegotiate LNG Rate With US, Russia

India To Renegotiate LNG Rate With US, Russia

After getting Qatar and Australia to lower gas price, India is seeking to renegotiate rate of LNG(liquefied natural gas) it has contracted from the US and Russia to reflect current market realities, GAIL Chairman and MD B C Tripathi said on Wednesday.

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'Oil Shipment A Significant Milestone In India-US Partnership'

'Oil Shipment A Significant Milestone In India-US Partnership'

The arrival of first American oil shipment in Odisha this week marks a significant milestone in India-US partnership, the Trump administration said today.

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Truckers Threaten To Go On 2-day Strike From Oct 9

Truckers Threaten To Go On 2-day Strike From Oct 9

Truck operators will go on a two- day strike across the country from October 9 to protest against GST, diesel price hike and corruption on roads, truckers' body AIMTC said today.

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Fortum, NBCC Agree On Developing E-vehicle Charging Infrastructure Across India

Fortum, NBCC Agree On Developing E-vehicle Charging Infrastructure Across India

Finland-based energy company Fortum on Wednesday signed a Memorandum of Understanding (MoU) with state-owned NBCC (India) Ltd for developing electric vehicle charging infrastructure across India.

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Passenger Alerts Officials About Crack In Railway Track Near Ujjain

Passenger Alerts Officials About Crack In Railway Track Near Ujjain

A passenger on Wednesday averted a possible mishap by alerting officials about a crack in the railway track near Karchha station in Madhya Pradesh’s Ujjain district. Following which, the rail traffic on the stretch where the crack was spotted was halted for some time for repairs.

 

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Danish Waste Water Treatment Company Eyes India's Smart Cities

Danish Waste Water Treatment Company Eyes India's Smart Cities

Danish waste water treatment company Aarhus Vand A/S is looking at India's Smart Cities project to lend its expertise in setting up integrated sewage treatment plants with a focus on generating power, company officials said.

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Rajasthan Govt Taking Steps To Save Energy, Water: Official

Rajasthan Govt Taking Steps To Save Energy, Water: Official

Rajasthan has taken several steps to save energy and water which are now delivering results, a top official said on Wednesday.

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No Whatsapp During Work Hours For Railways Staff, Officials Say App A Major Distraction

No Whatsapp During Work Hours For Railways Staff, Officials Say App A Major Distraction

Here's another addition to the dos and don'ts for railway staff to enhance passenger safety. The operational staff of the railways have been strictly barred from using WhatsApp while on duty.

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Rajdhani Robbery: Man Targeted Sleeping Train Passengers

Rajdhani Robbery: Man Targeted Sleeping Train Passengers

A man nabbed for robbing passengers on trains like the August Kranti Rajdhani Express has told investigators about his unique modus operandi.

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Metro May Derail Cabbie Dream Run

Metro May Derail Cabbie Dream Run

If the Metro chugs into the Rajiv Gandhi International Airport, it will cut short the dream run of unscrupulous cab drivers, who have been taking passengers landing at the airport, especially those arriving on late night flights, for a ride.

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Expand Packed Churchgate Subway, Authorities Urged

Expand Packed Churchgate Subway, Authorities Urged

Transport experts and citizens want a better passegners dispersal system at Churchgate, the terminating point for the Western Railway which ferries 37 lakh people every day.

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Govt Wants Centre To Stop Metro Fare Hike

Govt Wants Centre To Stop Metro Fare Hike

The Delhi Assembly on Wednesday sought Centre's intervention to prevent hike in metro fare, and moved a resolution in this regard.

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