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June 22, 2018, Friday

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

PM to Inaugurate RE-INVEST 2017 (From 7th To 9th December)

PM to Inaugurate RE-INVEST 2017 (From 7th To 9th December)

Envisioned as a global event where strategies for development and deployment of renewable energy will be deliberated upon, RE-INVEST 2017 is likely to be inaugurated by the Prime Minister of India, Narendra Modi.

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French President Emmanuel Macron To Visit India For Solar Summit

French President Emmanuel Macron To Visit India For Solar Summit

France's President Emmanuel Macron will attend a summit to launch a solar power alliance in India in December, authorities announced Thursday.

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'India's Per Capita Energy Consumption To Double In Next 6-7 Years'

'India's Per Capita Energy Consumption To Double In Next 6-7 Years'

India’s energy needs are going to double in the next 6-7 years at the present rate of growth of the economy, according to the Minister of State (Independent Charge) for Power and Renewable Energy, R K Singh.

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Birender Singh Urges MECON To Play A Key Role In Enhancing Steel Consumption In India

Birender Singh Urges MECON To Play A Key Role In Enhancing Steel Consumption In India

Steel Minister Birender Singh has urged engineering consultancy firm MECON to play a key role in enhancing steel consumption in India by working on steel-intensive structures and showcasing advantages of using steel in major construction projects.

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TN Seeks Imported Coal As Stock Situation Turns Critical

TN Seeks Imported Coal As Stock Situation Turns Critical

Tamil Nadu today urged the Coal and Railways Ministry to take steps to provide imported coal due to the critical stock situation in the state.

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When Hydel, Nuclear, Wind… All Failed, Coal-based Power Plants Came To The Rescue: Gopal Singh, Coal India

When Hydel, Nuclear, Wind… All Failed, Coal-Based Power Plants Came To The Rescue: Gopal Singh, Coal India

we will be meeting the target this year and we have kept a very high target for ourselves this year because we plan to produce some 46 million tonne incremental over last year which will be the highest in the history of Coal India for any single year

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Why Borosil's Innovation Will Temper Solar Power Rates

Why Borosil's Innovation Will Temper Solar Power Rates

The price per unit of solar power is set to head further south, thanks to an innovation by Borosil, the well-known glassmaker. Now, solar modules can produce 30 per cent more power with an enhanced life from 25-40 years.

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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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India’s Energy Needs To Doubled In Next 6-7 Years: Rk Singh

India’s Energy Needs To Doubled In Next 6-7 Years: Rk Singh

Union Minister of State for Power and New and Renewable Energy (NRE), RK Singh on Thursday said that India’s energy needs are going to double in the next 6-7 years at the present rate of growth of the economy.

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Unlikely Allies Fight Donald Trump Backing Of Coal, Nuclear Energy

Unlikely Allies Fight Donald Trump Backing Of Coal, Nuclear Energy

The Donald Trump administration says coal is back and nuclear energy is cool. Not at the expense of natural gas, wind and solar, insists an unusual coalition of business and environmental groups.

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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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Confident Of Achieving 600 Mt Production Target In Fy18: Coal India

Confident Of Achieving 600 Mt Production Target In Fy18: Coal India

Coal India is the stock on our radar as the company signed a wage agreement with workers' unions for a period of five years. This agreement was higher than expected and brokerages have turned wary of the stock.

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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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Oil Prices Fall On Higher U.S. Crude Inventories

Oil Prices Fall On Higher U.S. Crude Inventories

Oil prices fell on Thursday as U.S. fuel inventories rose despite efforts by OPEC to cut production.

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ONGC May Sell IOC Stake To LIC In Block Deal To Fund HPCL Acquisition

ONGC May Sell IOC Stake To LIC In Block Deal To Fund HPCL Acquisition

State-owned ONGC is likely to sell some of its stake in IOC to institutional investors like LIC to part-fund its over Rs 34,000 crore acquisition of refiner Hindustan Petroleum Corporation Ltd (HPCL).

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Oil & Gas Firms To Gain From Higher Crude Prices, Refining Margins

Oil & Gas Firms To Gain From Higher Crude Prices, Refining Margins

Oil and gas companies are expected to report strong core earnings in the second quarter as higher gross refining margins will benefit refiners and explorers will gain from a sequential rise in crude oil prices.

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Reliance Industries Hits Record High Ahead Of Q2 Results

Reliance Industries Hits Record High Ahead Of Q2 Results

Reliance Industries (RIL) hit a record high of Rs 875, up 4% on the BSE ahead of its July-September quarter (Q2FY18) results on Friday.

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Petroleum Products Should Come Under GST: Sushil Modi

Petroleum Products Should Come Under GST: Sushil Modi

Bihar Deputy Chief Minister Sushil Kumar Modi, who heads the Group of Ministers (GoM) to look into the technical issues of GSTN, today said petroleum products should be brought under the Goods and Services Tax.

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L&T Plans To Bid For More ONGC Work After Daman Win

L&T Plans To Bid For More ONGC Work After Daman Win

Larsen & Toubro (L&T) expects state-run ONGC to finalise 3-4 projects worth around Rs 5,000 crore before March and would be bidding for them, the hydrocarbon head of the $17-billion engineering major said.

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India Gets 1st Diesel Locomotive From GE, Work On Bihar Factory On Track

India Gets 1st Diesel Locomotive From GE, Work On Bihar Factory On Track

The first diesel-electric locomotive built by US conglomerate General Electric as part of a USD 2.5 billion deal to supply 1,000 such engines to the Indian Railways has arrived in India.

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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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Oil Prices Drop On Rising U.S. Crude Inventories

Oil Prices Drop On Rising U.S. Crude Inventories

Oil prices eased on Thursday as U.S. fuel inventories rose despite efforts by OPEC to cut production and tighten the market.

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IOC Drops Plans To Merge Chennai Petroleum With Itself

IOC Drops Plans To Merge Chennai Petroleum With Itself

State-owned Indian Oil Corporation (IOC) has dropped plans to merge its subsidiary Chennai Petroleum Corp Ltd (CPCL) with itself, a top company official said.

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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, the government on Wednesdayreduced GST rates for exploration and production sector to reduce the cascading effect arising on account of non-inclusion of petrol, diesel, aviation turbine fuel, natural gas and crude oil.

 

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How Secunderabad Station Got India’s First ‘Green’ Tag

How Secunderabad Station Got India’s First ‘Green’ Tag

From introducing high-speed trains to retro-fitting safer coaches, the Indian Railways has been taking a plethora of steps to revitalize itself and become future-ready.

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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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