​GOOD MORNING INDIA!

September 24, 2018, Monday

LATEST NEWS ON POWER/COAL/MINES/RE/OIL AND GAS/INFRASTRUCTURE AND TRANSPORTATION

Govt Aids NTPC Probe By Setting Up Another Committee To Investigate Cause Of Unchahar Accident

Govt Aids NTPC Probe By Setting Up Another Committee To Investigate Cause Of Unchahar Accident

The Ministry of Power on Monday (6 November) announced constitution of another independent committee of experts to investigate the causes of the accident —on 1 November at the Unchahar Thermal Power Plant of the National Thermal Power Corporation (NTPC) In Uttar Pradesh, that killed 36 out of 80 people working at the plant at that time.

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Shares Of REC Slump By 7% Post Q2 Results

Shares Of REC Slump By 7% Post Q2 Results

In the trading session of Monday, shares of REC took a hit to fall down by 7%. The steep decline came after the company reported fall in PAT by 31% YoY.

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REC Has Overcome Stagnation Caused By UDAY Prepayment; See Acceleration In Coming Months

REC Has Overcome Stagnation Caused By UDAY Prepayment; See Acceleration In Coming Months

tate-owned Rural Electrification Corp (REC) posted a 30% fall in its profit for the second quarter at Rs 1,215 crore on prepayments from the state power distribution companies and low yield.

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REC Net Profit Down 30% At Rs 1,215 Crore In Jul-Sep Quarter

REC Net Profit Down 30% At Rs 1,215 Crore In Jul-Sep Quarter

State-owned Rural Electrification Corporation (REC) today reported 30 per cent decline in standalone net profit to Rs 1,214.66 crore in the second quarter ended September 30, mainly due to lower revenues.

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NTPC Blast: 23,000 Employees Donate Day's Salary, Raise Rs 6 Crore For Affected

NTPC Blast: 23,000 Employees Donate Day's Salary, Raise Rs 6 Crore For Affected

Thousands of NTPC employees have raised Rs 6 crore by contributing a day's salary to support the families affected by the accident at its Unchahar station, ANI reported on Monday.

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Max India Stock Rated Buy By Edelweiss With Rs 170 TP

Max India Stock Rated Buy By Edelweiss With Rs 170 TP

Max India’s (Max) hospital business (MHC) revenue grew 6% to Rs 6.76 billion, while EBITDA declined 14 % y-o-y to Rs 690 million. Margins were impacted by regulatory controls, hiatus in cashless insurance, and increase in wages.

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Tata Steel Sets Up Largest Coke Cooling Unit At Kalinganagar In Odisha

Tata Steel Sets Up Largest Coke Cooling Unit At Kalinganagar In Odisha

Tata Steel has set up India's largest coke dry quenching (CDQ) facility capable of handling 200 metric tonnes of the hot fuel per hour at its greenfield Kalinganagar steel plant in Odisha.

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Saubhagya Scheme To Be In Spotlight At Power Ministers' Meet

Saubhagya Scheme To Be In Spotlight At Power Ministers' Meet

The Centre is expected to ask states to submit their plans and funding requirements for providing electricity to four crore families under the Saubhagya scheme by December next year.

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BEE To Help MSMEs In Andhra Pradesh To Adopt Energy-Efficient Measures

BEE To Help MSMEs In Andhra Pradesh To Adopt Energy-Efficient Measures

Bureau of Energy Efficiency (BEE) Director-General Abhay Bhakre assured the Andhra Pradesh Government that the necessary support would be extended to the government for implementing various ‘energy-efficiency programmes’ in MSME (Micro,Small and Medium Enterprises) sector.

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The 48 Volt DC Power Disruption To Bring About Innovation In Power Consumption

The 48 Volt DC Power Disruption To Bring About Innovation In Power Consumption

There is a major disruption that could be expected in the energy sector.The falling prices of solar panels  and of batteries as well are likely propel the industry into experimentation with new techniques.

 

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Is Global Nuclear Imbalance The Reason Why Kim Jong-UN Has Gone 'Rogue'?

Is Global Nuclear Imbalance The Reason Why Kim Jong-UN Has Gone 'Rogue'?

North Korea's 'Supreme Leader' has kept the world on tenterhooks with a series of daring - and risky - nuclear tests, including one that killed 200 citizens this September.

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Bonn Talks Test Global Resolve To Fix Climate, Without Donald Trump

Bonn Talks Test Global Resolve To Fix Climate, Without Donald Trump

Governments will try to bolster a 2015 pact to combat climate change at annual talks in Germany from Monday strained by President Donald Trump's plan to pull out and instead promote the U.S. coal and oil industries.

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Long Power Cuts May Disrupt Mobile Telephony Services In Delhi: TAIPA

Long Power Cuts May Disrupt Mobile Telephony Services In Delhi: TAIPA

Long powercuts due to grid failure or a natural calamity can cause disruption in mobile telephony services in Delhi NCR any time as use of generator sets for powering towers has been banned till March 15, telecom infrastructure players said.

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Renewable Portfolio

Tata Power's Renewable Portfolio Profit Up At Rs 173 Crore In Q2

Tata Power today said its renewable portfolio in the country saw 101 per cent increase in profit to Rs 173 crore in the second quarter of the current fiscal.

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PowerGrid Corporation

Powergrid Strives To Be Corruption-Free

The PowerGrid Corporation of India observed Vigilance Awareness Week in its all offices falling under the Northern Region, Transmission System-II.

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Energy Agency, carbon dioxide

India’s Carbon Emission Jumped 1,041% Since 1971, Says Study

India was ranked the third-highest carbon dioxide (CO2) emitter in the world in 2015 after China and USA, according to the International Energy Agency, a Paris-based energy policy advisor to 29 countries globally rallying for clean energy.

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Unchahar thermal power plant

Unchahar Tragedy Is One Of The “rarest Incidents” In The Company’s History: NTPC CMD Gurdeep Singh

Considered as one of the worst industrial accidents in the country in the past many years, the sudden malfunctioning of the boiler of the 500MW unit at Unchahar thermal power plant has left the top management of India’s largest power generator, NTPC Limited, completely startled.

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We Survived Price Drop To $37 A Bbl Without Govt Help: IOC Chairman

We Survived Price Drop To $37 A Bbl Without Govt Help: IOC Chairman

The country's largest petroleum retailer, Indian Oil Corporation, sees robust growth in liquid fuel demand despite the challenge from electric vehicles.

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Oil Hits $63 A Bbl, Highest Since 2015 On Output Tightening By Saudi Arabia

Oil Hits $63 A Bbl, Highest Since 2015 On Output Tightening By Saudi Arabia

Oil prices hit their highest levels since July 2015 early on Monday as markets tightened, while Saudi Arabia's crown prince cemented his power over the weekend through an anti-corruption crackdown that included high-profile arrests.

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Indian Oil Company Blamed For Sri Lanka Fuel Shortage

Indian Oil Company Blamed For Sri Lanka Fuel Shortage

The Indian Oil Company’s Sri Lanka operation today received flak for the fuel shortage in the island nation with motorists lining up in long queues at petrol stations.

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Crude Oil Price

Global Crude Oil Price Of Indian Basket Was US$ 59.61 Per Bbl On 03.11.2017

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$ 59.61 per barrel (bbl) on 03.11.2017.

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AG&P To Develop Major LNG Import Terminal In India

AG&P To Develop Major LNG Import Terminal In India

The Karaikal Port is a deep-water facility located on the east coast of India. Since commencing operations in 2009, the Port has handled over 46 million t of multi-cargo and received over 1400 commercial vessels.

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Shell Looks Beyond Road Fuels To Secure Future Of Refining

Shell Looks Beyond Road Fuels To Secure Future Of Refining

While the world braces for the electric-vehicle revolution, Royal Dutch Shell is betting on growing appetite for asphalt and plastics to sustain its century-old oil refining business for the coming decades.

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Delhi HC Not To Interfere With Sambit Patra's Appointment As ONGC Director

Delhi HC Not To Interfere With Sambit Patra's Appointment As ONGC Director

The Delhi High Court on Monday refused to interfere with the appointment of BJP national spokesperson Sambit Patra as an independent director on the board of the Oil and Natural Gas Corporation (ONGC).

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Government To Give 60 Per Cent Stake In ONGC’s Prime Oil Fields To Private Companies

Government To Give 60 Per Cent Stake In ONGC’s Prime Oil Fields To Private Companies

Nearly 25 years after Oil and Natural Gas Corporation (ONGC’s) prime oil fields were privatized, the oil ministry has identified 11 more functional oil and gas fields of the state-run firm for handing over to private firms to raise output.

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Oil Hits Highest Levels Since 2015 Amid Tightening Markets, Saudi Purge

Oil Hits Highest Levels Since 2015 Amid Tightening Markets, Saudi Purge

Oil prices hit their highest levels since July 2015 early on Monday as markets tightened, while Saudi Arabia's crown prince cemented his power over the weekend through an anti-corruption crackdown that included high profile arrests.

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McDermott, KG-D6block

Reliance Industries Awards R-Series Gas Field Contract To McDermott

Reliance Industries has awarded a major contract for bringing to production the R-Series gas field in the flagging KG-D6block to US engineering and construction company McDermott.

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Govt Will Look At Taxes On Fuel Whenever There Is A Pinch: Dharmendra Pradhan

Govt Will Look At Taxes On Fuel Whenever There Is A Pinch: Dharmendra Pradhan

Interfering in the pricing of the commodity is the most anti-consumer step a government can take. Let the competition decide the price as in the open market.

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Atlantic Gulf & Pacific Company

Atlantic Gulf & Pacific Company To Set Up LNG Terminal At Karaikal

The Philippines-based Atlantic Gulf & Pacific Company (AG&P) has signed a pact with Karaikal Port Private Limited to develop a liquefied natural gas import terminal at the port located in Puducherry.

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Just Like Airlines, Railways To Send SMS Alerts On Train Delays

Just Like Airlines, Railways To Send SMS Alerts On Train Delays

In line with the government’s push for a digital India, the railway ministry has sought to make travel convenient one step at a time for it’s passengers.

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Beijing Builds 160-Kph Airport Transit Rail Linking To The Upcoming New Airport

Beijing Builds 160-Kph Airport Transit Rail Linking To The Upcoming New Airport

China today started work on a 41.36 -kilometre fast transit rail linking south Beijing to the upcoming new airport in the country’s southern Daxing district, authorities said.

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Day After, German National Assaults Railway Police Officer in UP, Complaint Lodged

Day After, German National Assaults Railway Police Officer in UP, Complaint Lodged

A day after Holger Erik, German national, alleged to have been attacked at Roberstganj Station in Sonbhadra district of Uttar Pradesh, the case took a new turn on Saturday when he allegedly punched Robertsganj GRP in-charge Harivansh Ram and injured him.

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Travelling In 48 More Trains Gets Costlier, Thanks To 'Superfast' Levy

Travelling In 48 More Trains Gets Costlier, Thanks To 'Superfast' Levy

Cash-starved Indian Railways has increased the fare of 48 mail and express trains by upgrading them to "superfast" and raising their designated average speed by mere five kilometres per hour from 50 kmph, according to the new timetable released November 1.

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Railways Launch Main Arch On World's Highest Bridge On Chenab

Railways Launch Main Arch On World's Highest Bridge On Chenab

The Indian Railways has launched the main arch of the world's highest bridge on the River Chenab in Jammu and Kashmir's Reasi district which will provide direct connectivity to the Kashmir Valley.

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Kathgodam Shatabdi Express

Railways To Unveil Its 'Gold' Standard Today

The railways will showcase its first (gold standard) on Monday. The New Delhi-Kathgodam Shatabdi Express will be the first to be launched as part of the railways' 'Swarn' project which aims to renovate India's premium trains, including Rajdhanis and Shatabdis.

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NLC India, solar power

NLC to set up solar plants on railway land

NLC India has been tasked with covering vacant land of the Railways with solar power generation set-ups. Addressing the World Mining Congress, Minister for Railways and Coal Piyush Goyal said.

 

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