​GOOD AFTERNOON INDIA!

June 20, 2018, Wednesday

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

This House by IIT Bombay Requires No Power Connection, and Even Gives Power Back!

This House by IIT Bombay Requires No Power Connection, and Even Gives Power Back!

Imagine a fully functional house that requires net zero electricity and in turn, stores energy for future use.

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LED Lights Could Supplement WiFi: Study

LED Lights Could Supplement WiFi: Study

Energy-saving Light Emitting Diodes (LEDs) could replace WiFi technology for transmitting digital data, without compromising the quality of light or environmental benefits, a study has shown.

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With Advent Of New Technologies, EESL's 'smart' Meters Relying On Telecom Networks May Turn Obsolete

With Advent Of New Technologies, EESL's 'smart' Meters Relying On Telecom Networks May Turn Obsolete

Energy Efficiency Services Ltd (EESL), a joint venture between several public-sector enterprises helmed by the ministry of power, invited bids to procure 5 million 'smart' meters to be deployed in Uttar Pradesh and Haryana in August, 2017.

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NE Power Meet Resolves To Seek Funds

NE Power Meet Resolves To Seek Funds

Power ministers of Meghalaya, Assam, Arunachal Pradesh, Nagaland, Tripura, Mizoram and Manipur underlined the need to approach the Centre for a change in the funding pattern for states in the region, which still need development in the power sector.

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Tata Steel, JSW Steel, 2 Foreign Firms Show Interest In Bhushan Power And Steel, Bhushan Steel

Tata Steel, JSW Steel, 2 Foreign Firms Show Interest In Bhushan Power And Steel, Bhushan Steel

About half a dozen companies and financial institutions are interested in acquiring a stake in the loss-making and highly indebted Bhushan Power and Steel, people familiar with the development confirmed to FE.

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Adani Transmission, Reliance Infrastructure Deal Hinges On This Key Factor

Adani Transmission, Reliance Infrastructure Deal Hinges On This Key Factor

Adani Transmission’s proposed exclusivity agreement to acquire the power generation, transmission and distribution assets of Reliance Infrastructure would be incidental on right valuation of assets as experts believe anything above two times the regulated equity of Rs 3,500 crore would be negative for the company.

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Global Crude Oil Price Of Indian Basket Was US$ 55.07 Per Bbl On 11.10.2017

Global Crude Oil Price Of Indian Basket Was US$ 55.07 Per Bbl On 11.10.2017

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$ 55.07 per barrel (bbl) on 11.10.2017. This was higher than the price of US$ 54.79 per bbl on previous publishing day of 10.10.2017. In rupee terms, the price of Indian Basket increased …

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Cabinet Approves Signing Of The Memorandum Of Cooperation Between India And Japan On Establishing A Liquid, Flexible And Global LNG Market

Cabinet Approves Signing Of The Memorandum Of Cooperation Between India And Japan On Establishing A Liquid, Flexible And Global LNG Market

The Union Cabinet chaired by Prime Minister Shri Narendra Modi has approved the signing of the Memorandum of Cooperation (MoC) between India and Japan on establishing a liquid, flexible and global LNG Market.

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Brazil To Ramp Up Oil Production Before 'renewable Era' Hits -official

Brazil To Ramp Up Oil Production Before 'renewable Era' Hits -official

Brazil plans to boost oil exploration and production to seize on its reserves before the world enters the "renewable era" and other technologies hurt demand for the fossil fuel, Deputy Energy Minister Paulo Pedrosa told Reuters on Wednesday.

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India Can’t Drill Solo To Meet Oil Supply Goals, Says Consultant

India Can’t Drill Solo To Meet Oil Supply Goals, Says Consultant

India needs overseas help to raise production from its aging oil fields and meet its goal of lowering crude imports by 2022, according to consultant Wood Mackenzie Ltd.

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India, Japan To Team Up To Get More Flexible LNG Deals

India, Japan To Team Up To Get More Flexible LNG Deals

India will work with Japan to make long-term liquefied natural gas (LNG) import deals more affordable for its price-sensitive consumers, it said on Wednesday, as these two big importers try to secure better prices and concessions from suppliers.

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Centre Cuts GST Rates On Oil Exploration & Production

Centre Cuts GST Rates On Oil Exploration & Production

Setting the stage for inclusion of some of the petroleum products in the Goods and Services Tax (GST) regime

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French President Emmanuel Macron To Visit India In December: Strategic Ties, Smart Cities To Be Top Of Agenda

French President Emmanuel Macron To Visit India In December: Strategic Ties, Smart Cities To Be Top Of Agenda

French president Emmanuel Macron will visit India from 8 to 10 December and discuss with the leadership various issues including strategic and economic ties, France's Ambassador to India Alexandre Ziegler said on Wednesday.

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Bullet Train Wheel Parts Made By Kobe Steel Failed Quality Tests

Bullet Train Wheel Parts Made By Kobe Steel Failed Quality Tests

Kobe Steel Ltd parts used in Japan’s iconic bullet trains failed industry standards, officials said Thursday, bringing to light fresh evidence of wrongdoing by the steelmaker as investors speculated that the crisis could trigger a breakup of the 100-year-old company.

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