​GOOD MORNING INDIA!

November 15, 2018, Thursday

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

Railways Targets Full Electrification With Rs 35,000-Crore Plan

Railways Targets Full Electrification With Rs 35,000-Crore Plan

Indian Railways has prepared a Rs 35,000 crore plan to electrify its entire network in the next four years, a move that will help save Rs 10,500 crore a year in fuel bill.

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Government Expects $40 Bn In Indian E&p In 4-5 Years

Government Expects $40 Bn In Indian E&p In 4-5 Years

Union Minister of Petroleum and Natural Gas Dharmendra Pradhan today said investments worth $ 40 billion is expected in Indian exploration and production (E and P) 4-5 years.

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Railways’ First Set Of Solar Plants To Be Launched On Friday, Says Piyush Goyal

Railways’ First Set Of Solar Plants To Be Launched On Friday, Says Piyush Goyal

The Railway’s first set of solar plants with a total capacity of 5 megawatt peak (MWp) will be launched here on Friday by Railway Minister Piyush Goyal, officials said today.

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GE Explores Divesting Its Transportation, Healthcare It Businesses, Says Sources

GE Explores Divesting Its Transportation, Healthcare It Businesses, Says Sources

General Electric Co is exploring divesting its transportation and healthcare information technology businesses, as it seeks to reshape its portfolio under new Chief Executive John Flannery, people familiar with the matter said.

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Govt Working To Make Obligations Under Power Purchase Agreement Binding: Power Minister

Govt Working To Make Obligations Under Power Purchase Agreement Binding: Power Minister

The government is working to make obligations under power purchase agreement (PPA) statutory binding, ensuring all discoms have PPAs to cover 100 percent requirement, Power Minister R.K. Singh has said.

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Coal Pricing Formula Caused Rs 8,400 Cr Under-recovery

Coal Pricing Formula Caused Rs 8,400 Cr Under-recovery

The power producers are now asking for a separate index for deciding the price of coal and its transportation, because, they are claiming, they pay more than what the indices work out.

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Highway Toll Payments To Fall? Cheaper Travel On Way, As Centre May Take This Big Step Now

Highway Toll Payments To Fall? Cheaper Travel On Way, As Centre May Take This Big Step Now

Road transport and Highways Secretary Yudhvir Singh Malik has hinted towards a massive relief for daily commuters who have to pay huge toll fee while travelling on national highways.

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Hybrids And Diesel Vehicles

Adopting A Contrarian Strategy, Honda Bets On Hybrids And Diesel Vehicles For India

With the upcoming Bharat Stage 6 emission norms to be enforced by 2020 and the implementation of corporate average fuel economy norms, Honda Cars India is betting on diesel and hybrid vehicles in a strategy that is contrarian to what its peers are doing in India.

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Global Infrastructure

Equis India Renewables Not To Be Put Up For Sale After $5 Bn Deal With Global Infrastructure Partners

The proposed $5 billion acquisition of Singapore-based Equis Energy by New York-based Global Infrastructure Partners (GIP) is not expected to result in Equis’ Indian renewable assets to be put up for sale.

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Yadadri Plant In Telangana

BHEL Starts Execution Of Rs 20,400-Crore Yadadri Plant In Telangana

State-run power equipment maker BHEL on Monday said it has commenced execution of Rs 20,400-crore Yadadri supercritical thermal power project ordered by the Telangana State Power Generation Corporation.

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Power Discom

SC Sets Aside GERC Order To Extend Control Period For Power Discom

The Supreme Court set aside the order of the Gujarat Electricity Regulatory Commission (GERC) extending the 'control period' to allow a private discom to levy a particular rate power tariff on grounds of delay in commissioning of the project.

 

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Power And Gas

Siemens To Update Labour On Power And Gas Woes On Thursday - Sources

 Siemens management will give labour bosses on its supervisory board an update on Thursday on its powerturbine business that has been hit by falling demand before deciding on any job cuts, two people familiar with the matter said.

 

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NLC India

Why NLC India’s Offer For Sale Could Be Worth Considering

NLC India, formerly known as Neyveli Lignite Corporation, has come out with an offer for sale (OFS) where government is selling 5 percent stake.

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Solar Portfolio

Shapoorji Pallonji Group In Stake Sale Talks For Solar Portfolio

The consolidation exercise continues in India’s green energy space with diversified conglomerate Shapoorji Pallonji Group in stake sale talks for its solar power project portfolio.

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India Steel Output Nears Japan’s, But Not Its Met Coal Buying

India Steel Output Nears Japan’s, But Not Its Met Coal Buying

India’s crude steel production is approaching that of world number two, Japan, but steel raw material suppliers should not become overly focused on this.

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Global Crude Oil Price Of Indian Basket Was Us$ 56.79 Per Bbl On 25.10.2017

Global Crude Oil Price Of Indian Basket Was Us$ 56.79 Per Bbl On 25.10.2017

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$ 56.79 per barrel (bbl) on 25.10.2017.

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Gasoline Rallies

U.S. Crude Slips On Inventory Build, Gasoline Rallies

U.S. oil prices slipped on Wednesday after a surprising increase in U.S. crude inventories, while U.S. gasoline futures rallied 1 percent on a sharp falloff in inventories.

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KG-D6 Fields

RIL, BP Finalise Plans To Develop All KG-D6 Fields

Reliance Industries and BP Plc have finalised plans to develop all the gas fields in the KG-D6 Block, reflecting the company’s renewed enthusiasm about the policy and pricing regime and focus on the sector after completing heavy capital expenditure in its telecoms and petrochemicals businesses.

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Australia Pacific LNG

Australia Pacific LNG Steps Up Domestic Gas Sales

Australia Pacific LNG (APLNG) said on Thursday it has struck a deal to deliver more gas into the domestic market, following pressure from Canberra to shore up local supply to help drive down local gas and power prices.

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Furnace Oil

Industries Seek Time, Aid To Switch From Furnace Oil

The Haryana State Pollution Control Board(HSPCB) will issue directions to industries on Thursday to stop using furnace oil and petroleum coke as fuel, after the Supreme Court issued directions to control pollution on Tuesday.

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Ethanol-Powered Bikes To Be Introduced Next Month: Gadkari

Ethanol-Powered Bikes To Be Introduced Next Month: Gadkari

Union Minister Nitin Gadkari on Thursday announced that 100 per cent ethanol-powered bikes would be introduced next month, without any additional surge price, in a bid to promote the production and usage of environment-friendly vehicles.

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Work To Start On 150 Projects On Ganga By March: Nitin Gadkari

Work To Start On 150 Projects On Ganga By March: Nitin Gadkari

The government is all set to launch 150 projects on Ganga by March, Union Minister Nitin Gadkari said today while asking investors to join hands with the Centre in cleaning of the river.

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Indian Railways To Get 7 Lakh Metric Tonnes Of Rails To Renew Old Tracks

Indian Railways To Get 7 Lakh Metric Tonnes Of Rails To Renew Old Tracks

Indian Railways has sent out a global tender to get seven lakh metric tonne of rails for revamping old tracks to ensure safety after several accidents in the recent past.

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No Dearth Of Funds For Safety-Related Items In Railways: Piyush Goyal

No Dearth Of Funds For Safety-Related Items In Railways: Piyush Goyal

Union Minister of Railways, Piyush Goyal, on Wednesday said that the Indian Railways has no paucity of funds to introduce safety-related items in the Indian Railways.

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Bharatmala Project To Expand Freight Corridors, Build 83k Kms Of Road Network

Bharatmala Project To Expand Freight Corridors, Build 83k Kms Of Road Network

With the Indian car market expected to hit the 5 million per annum mark by 2020, the country is in dire need of improvement in infrastructure.

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Bharatmala Project

What Is Bharatmala Project: All You Need To Know About Modi Govt's Massive Infrastructure Push Through Ambitious Roadways Plan

In a massive infrastructure push, the government on Tuesday approved a mega plan to build 83,677 km of highways by March 2022 at a cost of about Rs 7 lakh crore, which includes the ambitious Bharatmala project. 34,800 km of highways will be constructed at the cost of Rs 5.35 lakh crore under the Phase-1 of Bharatmala project. 

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Larsen & Toubro

L&T Construction Arm Bags Orders worth Rs 3,551 Cr

Larsen & Toubro (L&T) today said its construction arm has won orders worth Rs 3,551 crore across business segments.

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Bharatmala Paroyojana

Highway, Bharatmala Works Of Rs 7 Lakh Crore To Begin By December 2018: Gadkari

The Central government's Bharatmala Paroyojana, which will increase the number of national corridors from six to 50 and double freight on national highways to around 80 per cent, will be rolled out by December next year 

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Rail Board

Railway Minister Piyush Goyal To Trim Rail Board To Make Transporter Efficient

Kick-starting the process of serious restructuring of rail bureaucracy, railway minister Piyush Goyal has announced a slew of measures such as downsizing of the railway board, merging of departments to ensure ideas translate faster into reality and delegation of powers to field officers.

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Pakistan Port

At A Forgotten Pakistan Port, China Paves A New Silk Road

Remote and impoverished, Pakistan's Gwadar port at first glance seems an unlikely crown jewel in a multi-billion-dollar development project with China aimed at constructing a 21st century Silk Road.

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Developed In Odisha

Over 1000 Km Road Network To Be Developed In Odisha

A road network of over 1,000 km will be developed in Odisha besides two ring roads and two logistic parks under the Centre’s most ambitious Bharatmala programme, which includes development of 44 economic corridors, 66 inter corridor routes and 116 feeder routes.

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Western Railway

Western Railway, Traffic Police To Identify Illegal Entry, Exit Points At Stns

In the next fifteen days, the Railways, traffic police and different civic bodies will identify entry/exit points at stations on the Western Railway (WR) that are not used frequently.

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Delegate Power

Railways To Get More Officers On Field, Delegate Power

RAILWAYS MINISTER Piyush Goyal has started the process of restructuring the bureaucracy in Rail Bhawan, the headquarters of Indian Railways, to send out more officers to field operations and change the way Railways is governed from the ministry. 

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