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June 22, 2018, Friday

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

Tata Power Renewable Energy Limited (TPREL) Commissions 30 MW Solar Power Plant At Palaswade, Maharashtra

Tata Power Renewable Energy Limited (TPREL) Commissions 30 MW Solar Power Plant At Palaswade, Maharashtra

Tata Power, India's largest integrated power company, on Tuesday announced the commissioning of a 30 MW solar power plant in Palaswade, developed by its wholly owned subsidiary, Tata Power Renewable Energy Ltd. (TPREL).

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200 Dead In Tunnel Accident At North Korean Nuclear Test Site

200 Dead In Tunnel Accident At North Korean Nuclear Test Site

More than 200 people are feared to have died when a tunnel caved in at North Korea's nuclear test site after its latest detonation, a Japanese news report said Tuesday.

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Brookfield Asset Management, Resurgent Power Bid To Buy JP Power

Brookfield Asset Management, Resurgent Power Bid To Buy JP Power

Canada’s Brookfield Asset Management and Resurgent Power have bid for debt-ridden Jaiprakash Power Ventures, which its lenders have put on the block under the strategic debt restructuring mechanism, according to two people familiar with the matter.

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India Japan Cooperation In Rail Safety Makes Further Headway

India Japan Cooperation In Rail Safety Makes Further Headway

Minister of Railways & Coal, Piyush Goyal chaired a round-table discussion on “Cooperation for Safety in Rail Operations” with the Japanese delegation and stressed on the ‘Total Safety Management’.

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India Must Encourage Hydro Power Projects Development: R K Singh

India Must Encourage Hydro Power Projects Development: R K Singh

Power and renewable energy minister R K Singh today said India must encourage development of hydro power projects as they help in providing inexpensive power in the long-term and are ideal for meeting peaking load demand.

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U.S. Trade Panel Set To Recommend Solar Trade Tariffs

U.S. Trade Panel Set To Recommend Solar Trade Tariffs

Federal trade officials on Tuesday will recommend measures to safeguard struggling domestic solar panel manufacturers against cheap imports in a closely watched case that could have a major impact on the price of U.S. solar power.

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India Records Highest Peak Power Deficit In 16 Months

India Records Highest Peak Power Deficit In 16 Months

Higher electricity demand coupled with supply constraints led to India recording a peak time power deficit of 2 per cent in September highest since April 2016 when the gap between demand and supply stood at 2.1 per cent according to research and ratings agency India Ratings.

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MSMEs An Important Chapter In Indian Economy: Swiss Diplomat

MSMEs An Important Chapter In Indian Economy: Swiss Diplomat

Small and medium enterprises account for over half of employment worldwide, Swiss envoy to India Andreas Baum said today, noting that this sector will continue to be an important chapter in the Indian economy.

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Paris Pledges Only A Third Of What Is Needed To Avoid Worst Impacts Of Climate Change, Says UNEP Emission Gap Report

Paris Pledges Only A Third Of What Is Needed To Avoid Worst Impacts Of Climate Change, Says UNEP Emission Gap Report

National pledges on emission reduction, made by countries from across the globe under the Paris Agreement, will only bring a third of what is needed to avoid worst impact of climate change, says a report of the United Nations Environment Programme (UNEP).

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Niti Aayog, Energy Policy

Niti Aayog To Finalize National Energy Policy Soon: Official

Government think-tank Niti Aayog will soon finalize the National Energy Policy (NEP) and take it to the Union cabinet, a top official said.

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Greenko Issues

Greenko Issues INR 30bn Of Bonds - Report

Hyderabad-based renewable power producer Greenko Group has raised INR 30 billion (USD 463m/EUR 397m) from issuing Indian rupee-denominated bonds.

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Consultative Committee Attached To Ministries Of Power And New & Renewable Energy Meets

Consultative Committee Attached To Ministries Of Power And New & Renewable Energy Meets

The Consultative Committee attached to Ministries of Power and New & Renewable Energy met under the chairmanship of Union Minister of State (IC) for Power & New & Renewable , RK Singh in Guwahati today .

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Renewable Solar Plan

IIT KGP-Arka Renewable Plan Solar E-charging Station On

IIT Kharagpur and Arka Renewables Energy College have submitted a plan to the Department of Science and Technology for setting up solar e-vehicles charging station on a commercial scale in the state.

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Climate Change

What Will India’s Strategy Be At Bonn Climate Change Summit?

Parties to the historic Paris Accord on climate change signed in 2015 meet in Bonn next week, and their discussions will inevitably veer toward the Donald Trump-led US administration’s decision to exit the Accord.

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Rooftop Solar

State Bank Of India To Fund 575 MW Of Rooftop Solar

State Bank of India (BOM:500112), or SBI, on Monday announced it will extend INR 23.17 billion (USD 357m/EUR 307m) in financing 575 MW of grid-connected rooftop solar projects.

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Renewable Energy

Insurance Scheme For Renewable Energy Technicians Launched

The Agency for Non-Conventional Energy and Rural Technology (ANERT) on Monday launched a State-level insurance scheme for technicians working in the renewable energy sector.

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Power Project

7 Years On, Power Project A Non-starter

With half a day of coal stock left -in the words of energy minister D K Shivakumar recently -Karnataka is staring at a thermal power crisis.

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Oil, Modi's Best Friend, Can Now Turn His Enemy As Crude Prices Start Rising

Oil, Modi's Best Friend, Can Now Turn His Enemy As Crude Prices Start Rising

When Narendra Modi was sworn in as prime minister in late May 2014, the price of the Indian basket of crude oil was around $108 per barrel.

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Crude Oil Price

Global Crude Oil Price Of Indian Basket Was US$ 58.92 Per Bbl On 30.10.2017

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$ 58.92 per barrel (bbl) on 30.10.2017.

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Dharmendra Pradhan To Attend Asia Ministerial Energy Roundtable In Thailand

Dharmendra Pradhan To Attend Asia Ministerial Energy Roundtable In Thailand

Minister of Petroleum and Natural Gas and Skill Development and Entrepreneurship Dharmendra Pradhan will be visiting Thaliland on Wednesday to participate in the 7th Asian Ministerial Energy Roundtable (AMER) conference.

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Greenland Will Offer Oil, Gas Concessions Next Year -Minister

Greenland Will Offer Oil, Gas Concessions Next Year -Minister

Greenland will offer oil and gas concessions off its west coast next year, its mineral resources minister said in an interview on Tuesday, as the self-ruled region of Denmark tries to get a flagging exploration programme back on track.

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HPCL, MRPL

HPCL Likely To Acquire MRPL In Share-Swap Deal

Hindustan Petroleum Corp Ltd (HPCL) is likely to acquire Mangalore Refinery and Petrochemicals (MRPL) in a share-swap deal to become India’s second-largest oil refiner.

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Crude Oil Price

Crude At $60: Will High Oil Price Hurt Government’s Fiscal Math?

Economists say lower crude prices have provided a fiscal bonanza to the Narendra Modi-led National Democratic Alliance (NDA) government.

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renewable energy

World Gas Production Increased By 0.7 Per Cent: Eni

The review provides figures and statistics on natural gas, biofuels and modern renewable energy sources including wind and solar.

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crude oil prices

Oil Price Rise To Impact User Firms

Once again crude oil prices started firming up. The price of benchmark Brent oil has gone up 35% from its 52-week low of $44.43 a barrel. In fact, it has gone up by 109% from its two-year low of $28.94 reached in January 2016.

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Vedanta

Vedanta To Invest $9 Billion In India, Says Anil Agarwal

Vedanta Resources Plc will invest roughly $9 billion in India over the next few years to expand its hydrocarbons, metals and mining businesses and meet more of India’s requirements of these commodities locally, executive chairman Anil Agarwal said in an interview.

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ONGC, HPCL

ONGC Cash Course To Fund HPCL Buy

State-owned explorer ONGC Ltd could borrow about Rs 25,000 crore to acquire downstream refiner HPCL, which will create the country's first integrated oil and gas company.

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Oil Trade

Non-Oil Trade Between Iran, India On Rebound

According to Iran-India Business Council, bilateral trade between the two countries is deep-rooted and dates back to thousands of years.

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Tunisia Sign Agreements

India, Tunisia Sign Agreements To Boost Bilateral Relations

India and Tunisia on 30 October 2017 jointly agreed to enhance cooperation in various sectors including in the fields of renewable energy, infrastructure, transport and automobiles, textiles, agriculture, drugs & pharmaceuticals, healthcare, ICT, SMEs and energy.

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Reliance Group

How Will Anil Ambani-Led Reliance Group Look Like In Future?

Amidst debt worries, the Anil Ambani -led Reliance Group is on an exit spree - 2G services, telecom towers, spectrum, real estate, Mumbai power distribution, DTH among others.

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Six New Trains

Indian Railways To Introduce Six New Trains, Releases New Timetable

The Indian Railways will introduce six new trains under the Tejas, Humsafar, and Antyodaya to enhance the frequency of the trains, as announced by the Railway Ministry on Monday. The new timetable will be effective from November 1, 2017.

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Indian Railways

Indian Railways Releases New Time Table; 500 Long-distance Trains To Run Faster From November 1

In order to cut short the running time of over 500 long distance trains by up to two hours, the Indian Railways has introduced a new timetable, which would be effective from November 1, 2017.

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Railway Claims Tribunal

Elphinstone Stampede: Seven Victims Move Rail Tribunal, Seek Aid

A month after the stampede at Elphinstone Road railway station, seven victims have approached the Railway Claims Tribunal seeking compensation.

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