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June 22, 2018, Friday

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

Hero Group Set To Buy Wind Energy Assets Of Bhilwara

Hero Group Set To Buy Wind Energy Assets Of Bhilwara

The Hero Group is close to acquiring almost the entire wind energy portfolio of the LNJ Bhilwara Group, helping the buyer emerge as one of the biggest players in the rapidly growing sector that has seen large M&A deals in recent months.

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Companies Trade Over 1 Lakh Energy Saving Certificates Worth Rs 12 Cr In First Month

Companies Trade Over 1 Lakh Energy Saving Certificates Worth Rs 12 Cr In First Month

The Indian industry traded over 1 lakh Energy Saving Certificates (ESCerts) worth Rs 11.62 crore in the first month since their introduction on 26 September, according to an official statement by the power ministry’s arm Bureau of Energy Efficiency (BEE).

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Indian Energy Exchange To Debut On Bourses On October 23

Indian Energy Exchange To Debut On Bourses On October 23

Indian Energy Exchange will make its debut on exchanges on Monday, October 23. The issue price is fixed at Rs 1,650 per share, the higher end of price band.

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Plan To Push Coal Supplies To Power Plants Kicks Off: Power Ministry

Plan To Push Coal Supplies To Power Plants Kicks Off: Power Ministry

Allaying fears of electricity outages on the eve of Diwali, the Power Ministry said a detailed plan has been implemented from Wednesday to ensure sufficient supply of coal to power plants.

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Mahindra Susten To Build India's 1st Battery-Backed Solar Project In Andaman

Mahindra Susten To Build India's 1st Battery-Backed Solar Project In Andaman

Mahindra Susten, a part of the Mahindra & Mahindra group, is close to setting up India's first battery-backed solar power project of utility scale in the Andaman and Nicobar islands.

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A Remote $43 Million Island Facility Could Be A Game Changer For India’s Solar Sector

A Remote $43 Million Island Facility Could Be A Game Changer For India’s Solar Sector

Despite the low prices and abundance of renewable energy sources, solar power still accounts for just 1.6% of the power generated in India.

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20 Power Plants In Super Critical State, Set To Dim Diwali Sparkle

20 Power Plants In Super Critical State, Set To Dim Diwali Sparkle

A looming power shortage may dampen Diwali celebrations for lakhs of families as twenty thermal power plants across the country are running at super critical levels and another seven in critical stage due to an acute shortage of coal.

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As Coal Imports Fall, Major Ports Chalk Out New Strategies

As Coal Imports Fall, Major Ports Chalk Out New Strategies

With coal imports declining, most major ports of the country are looking at coastal shipping and diversifying cargo to offset the impact on capacity utilisation.

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NDMC Launches LED Street Lights Project From Rohini

NDMC Launches LED Street Lights Project From Rohini

The NDMC today launched from Rohini its ambitious project to replace over two lakh conventional street lights with LED fixtures in the next nine months, a move that will save Rs 50 crore of the civic body annually.

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Coal Supply Is Improving In Maharashtra, Says Power Generator Mahagenco

Coal Supply Is Improving In Maharashtra, Says Power Generator Mahagenco

Electricity generator Mahagenco said the coal stock situation is improving in Maharashtra as the companies supplying the fuel to it have overcome the monsoon calamities.

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Global Crude Oil Price Of Indian Basket Was US$56.59 Per Bbl On 17.10.2017

Global Crude Oil Price Of Indian Basket Was US$56.59 Per Bbl On 17.10.2017

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$ 56.59 per barrel (bbl) on 17.10. 2017.

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U.S. Crude Stockpiles Slump As Production Drops - EIA

U.S. Crude Stockpiles Slump As Production Drops - EIA

U.S. crude oil inventories slumped last week as production fell sharply after Hurricane Nate hit the Gulf of Mexico, while refining rates were down sharply as autumn maintenance season ramped up, the Energy Information Administration said on Wednesday.

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Biggest Non-OPEC Oil Producers Look To Abu Dhabi For New Business

Biggest Non-OPEC Oil Producers Look To Abu Dhabi For New Business

ABU DHABI - Leading companies from the largest oil producing region outside OPEC, the Commonwealth of Independent States

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Minister Of Petroleum And Natural Gas & Skill Development And Entrepreneurship Visits Tokyo, Japan For Participation In LNG Producer-Consumer Conference 2017

Minister Of Petroleum And Natural Gas & Skill Development And Entrepreneurship Visits Tokyo, Japan For Participation In LNG Producer-Consumer Conference 2017

Union Minister of Petroleum and Natural Gas and Skill Development and Entrepreneurship, Shri Dharmendra Pradhan, led a delegation to Tokyo, Japan from 17-18 October 2017 to participate in LNG Producer- Consumer Conference.

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Diesel To Be Available Online? See What Indian Oil, HPCL, BPCL Are Planning

Diesel To Be Available Online? See What Indian Oil, HPCL, BPCL Are Planning

Inspired by the online and e-commerce boom in the country, oil marketing companies — Indian Oil, HPCL and BPCL  are planning to start online retailing of diesel to cater to the rural customers and commercial establishments helping them save time and improve their productivity. 

 

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India Looks At Buying More US Oil To Reduce West Asia Dependence

India Looks At Buying More US Oil To Reduce West Asia Dependence

On October 2, the first in a series of shipments of US crude oil to India arrived at Odisha’s Paradip port. Two more vessels carrying a combined 3 million barrels are set to arrive in November, according to a senior official with Indian Oil Corporation (IOC).

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Railway Stations In 15 Cities May Soon Offer Residential Apartments

Railway Stations In 15 Cities May Soon Offer Residential Apartments

Railway stations in 15 cities could soon offer residential apartments as part of a larger plan to redevelop them. These stations include New Delhi, Thane near Mumbai, and Howrah near Kolkata.

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Mumbai's Chhatrapati Shivaji Maharaj Terminus To Be Revamped At A Cost Of Rs 10 Crore

Mumbai's Chhatrapati Shivaji Maharaj Terminus To Be Revamped At A Cost Of Rs 10 Crore

The iconic Chhatrapati Shivaji Maharaj Terminus (CSMT) building, a UNESCO world heritage is soon going to get a makeover.

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KRCL To Raise Funds For Infra Projects

KRCL To Raise Funds For Infra Projects

The Konkan Railway Corporation Ltd (KRCL) has decided to raise finances for its major infrastructure funds through increased equity shares and market borrowings.

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LMO Cracks Whip On Railway Platform Vendors

LMO Cracks Whip On Railway Platform Vendors

The Legal Metrology Organization (LMO) officials recently conducted surprise checks at the vendors on the platforms of Central and Western Railways stations.

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Central Railway To Get 29 New Drainage Lines

Central Railway To Get 29 New Drainage Lines

At the first meeting of a multi-disciplinary committee headed by state education minister Vinod Tawde on September 30 after the stampede at Elphinstone Road station, core issues that affect railway commuters in the city were discussed.

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Metro Magenta Line Likely To Open Soon: A First-of-its-kind Elevated Stabling Yard At Jasola Vihar

Metro Magenta Line Likely To Open Soon: A First-of-its-kind Elevated Stabling Yard At Jasola Vihar

In order to manage space crunch, the Delhi Metro has built an elevated stabling yard at Jasola Vihar-Shaheen Bagh station, which is a part of the upcoming Magenta Line.

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