​GOOD AFTERNOON INDIA!

June 20, 2018, Wednesday

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

NTPC Drops Acquisition Plans

NTPC Drops Acquisition Plans

State-run NTPC, India’s biggest electricity producer, has shelved plans of acquiring stressed power assets in the private sector, and will instead help lenders to these debt-ridden power plants run them for a fee.

 

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EESL Firms Up £100 Million Investment Plan To Buy Heat, Power Utility In Uk

EESL Firms Up £100 Million Investment Plan To Buy Heat, Power Utility In Uk

State-run Energy Efficiency Services Ltd (EESL) is firming up a £100 million investment plan for buying a combined heat and power utility in the UK.

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REC Sets Sights On Foreign Markets To Boost Revenues

REC Sets Sights On Foreign Markets To Boost Revenues

Rural Electrification Corp (REC) is looking at overseas business, starting with neighbouring countries, to supplement revenue from its traditional business of lending to rural power projects, chairman PV Ramesh told ET in an interview.

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Adani To Buy Anil Ambani-Led Rinfra's Mumbai Power Biz For Rs 13,000 Crore

Adani To Buy Anil Ambani-Led Rinfra's Mumbai Power Biz For Rs 13,000 Crore

Adani Transmission Limited (ATL) will buy Anil Ambani-led Reliance Infrastructure's (RInfra's) Mumbai power business – Reliance Energy for around Rs 13,000 crore, reports, DNA Money, quoting sources.

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As Captive Coal Production Dwindles, Centre Mulls Option To Take Back Mines

As Captive Coal Production Dwindles, Centre Mulls Option To Take Back Mines

Coal Secretary Susheel Kumar on Wednesday said the government is weighing measures to bring auctioned captive coal blocks into operation.

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Solar Power Firms In Karnataka Make A Beeline Ahead Of March Open Access Deadline

Solar Power Firms In Karnataka Make A Beeline Ahead Of March Open Access Deadline

With the March 2018 deadline for solar power projects in Karnataka to be able to be exempted from open access charges, ground level activities have picked up frantic pace to meet the deadline and avail the 10-year concession.

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India Plans 20GW Solar Tender, Eyes Domestic Manufacturing Boost

India Plans 20GW Solar Tender, Eyes Domestic Manufacturing Boost

India plans to invite bids for setting up 20 gigawatts (GW) of solar power capacity the world’s largest solar tender at one go, in an attempt to spur domestic manufacturing of solar power equipment.

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Global Crude Oil Price Of Indian Basket Was US$ 62.40 Per Bbl On 09.11.2017

Global Crude Oil Price Of Indian Basket Was US$ 62.40 Per Bbl On 09.11.2017

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$ 62.40 per barrel (bbl) on 09.11.2017.

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Free LPG Cylinder Scheme Spins-Off This Massive Benefit; See Storm It Cooked Up

Free LPG Cylinder Scheme Spins-Off This Massive Benefit; See Storm It Cooked Up

The Narendra Modi government’s flagship Pradhan Mantri Ujjwala Yojana (PMUY), which has provided more than 3 crore liquefied petroleum gas (LPG) connections to poor households over the last one and a half years.

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India To Save Rs 4,000 Crore Post Exxon LNG Price Revision

India To Save Rs 4,000 Crore Post Exxon LNG Price Revision

India will save about Rs 4,000 crore after it got US energy major Exxon Mobil Corp to lower the price of liquefied natural gas(LNG) after the new rates kick-in from January next year.

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Mysureans Want Railways To Bring Bengaluru Closer

Mysureans Want Railways To Bring Bengaluru Closer

S Karaveeraiah, an advocate by profession, hops on to Chamundi Express (train number 16215) at Mysuru city railway station at 6.45am every day.

 

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Mahametro Gets Advanced Possession Of 16 Hectares

Mahametro Gets Advanced Possession Of 16 Hectares

The MahaMetro RailCorporation has received advanced possession of 50% of government land for metro corridors.

 

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Rs 3,000-cr Assigned For Re-Tendering 329 Km Of Roads In Nagaland By December: Same Firm Spent Rs 1,000 Crore Last Time

Rs 3,000-cr Assigned For Re-Tendering 329 Km Of Roads In Nagaland By December: Same Firm Spent Rs 1,000 Crore Last Time

Strange are the ways of the bureaucracy. A private firm that had spent about Rs 1,000 crore for laying 329 km of roads in Nagaland, with little visible results on the ground, will again be in the running when the project is re-tendered next month, with the cost having tripled to Rs 3,000 crore, according to officials.

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