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September 24, 2018, Monday

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

500KW Expansion

India Adds 2,247 MW Solar Cap In Jul-Sep 2017: Report

India added nearly 2,247 MW of capacity during July-September period, registering a 15.40 per cent growth as compared to 1,947 MW added in Q2 of 2017, a recent survey revealed.

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India Plans To Fast-Track Hydro Projects In Kashmir Region

India Plans To Fast-Track Hydro Projects In Kashmir Region

India plans to as much as quintuple development of hydroelectric power in Jammu and Kashmir, a state that faces water disputes.

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Power Grid Sees $25 Billion Up For Grabs On Modi's Power Plan

Power Grid Sees $25 Billion Up For Grabs On Modi's Power Plan

India’s largest transmission utility is shifting its focus to projects within states, where it expects a government plan to provide electricity to all to generate about Rs 1,60,000 crore ($25 billion) worth of new orders over the next five years.

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Over 330,000 New Jobs To Be On Offer In India’s Renewable Energy Sector

Over 330,000 New Jobs To Be On Offer In India’s Renewable Energy Sector

India’s growing renewable energy sector is likely to generate more than 330,000 new jobs over the next five years through 2022) creating opportunities to support mainly the country’s rural poor by offering an alternative to subsistence farming, according to US-based global research organisation World Resources Institute (WRI).

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NCC Hits 52-week High As Consortium Bags Coal Mine Project From NTPC

NCC Hits 52-Week High As Consortium Bags Coal Mine Project From NTPC

NCC hit 52-week high of Rs 115, up 6% on the BSE in early morning trade on back of heavy volumes after the company said consortium formed by it and BGR Infra has bagged coal mine project from NTPC to develop and operate around Rs 25,071 crore coal block in Chhattisgarh.

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Apex Court Respite For Coal Miners

Apex Court Respite For Coal Miners

The Supreme Court on Tuesday extended the date for transportation of extracted and assessed coal in Meghalaya by another four months, bringing respite to coalminers.

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Govt Plans To Fast-Track Hydropower Projects In Jammu and Kashmir

Govt Plans To Fast-Track Hydropower Projects In Jammu and Kashmir

India plans to as much as quintuple development of hydroelectric power in Jammu and Kashmir. The local government is planning to add more than 5,000 megawatts of power using the flow of its rivers within the next five to six years

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Coal-Based Plants Can Pass On Retrofit Cost: Power Secretary

Coal-Based Plants Can Pass On Retrofit Cost: Power Secretary

Power Ministry is not mulling any amendment in laws for passing on the cost of retrofitting coal based-power plant to consumers, a top government official said today.

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UP To Focus On Tech To Redress Electricity Woes

UP To Focus On Tech To Redress Electricity Woes

Uttar Pradesh is poised to make maximum use of technology to deal with problems related to power sector, the state's energy minister Srikant Sharma said.

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Nearly 40% Of All New Power Capacity In India This Year Is Solar

Nearly 40% Of All New Power Capacity In India This Year Is Solar

The solar energy sector has accounted for the largest capacity addition to the Indian electricity grid so far this year.

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Can Renewables Make India Energy Secure?

Can Renewables Make India Energy Secure?

Recently, the International Energy Agency (IEA) has acknowledged India would be the fastest growing energy consumer and market till 2040.

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If PM Modi Has His Way, This 112 Year Old Kashmir Power Project Will Get New Avatar

If PM Modi Has His Way, This 112 Year Old Kashmir Power Project Will Get New Avatar

The 112 years old Mohra hydroelectric project in the state of Jammu and Kashmir can be revived as a heritage project by the J&K State Power Development Corporation (JKSPDC) soon.

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NCC Gains After Consortium Bags Coal Mine Project From NTPC

NCC Gains After Consortium Bags Coal Mine Project From NTPC

NCC rose 2.97% to Rs 110.95 at 9:35 IST on BSE after the company said its consortium with BGR Mining & Infra has received mine development contract from NTPC.

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Hearing On Antidumping Probe Into Solar Equipment Imports On December 12

Hearing On Antidumping Probe Into Solar Equipment Imports On December 12

Indian solar energy industry remains divided even as the government has moved closer to a decision on whether or not to impose anti-dumping duty on imports of solar cells and modules from China, Malaysia and Taipei.

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State To Get 800 To 900m Units Power From Punjab

State To Get 800 To 900m Units Power From Punjab

Uttarakhand will receive between 802 million units and 900 million units of electricity in December to March from Punjab, to offset the gap between demand and supply in the lean winter months.

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Solar Projects In India Eyeing A Crisis; Viability Under Question Now

Solar Projects In India Eyeing A Crisis; Viability Under Question Now

The viability of solar projects bid at below Rs 3/mWh may be adversely affected if the increase in solar panel prices by 6-7 cents/watt sustains over coming quarters, said ratings agency Icra on Tuesday.

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India Plans EV Charging Corridor Across New Delhi

India Plans EV Charging Corridor Across New Delhi

As India prepares itself for the electric vehicles blitzkrieg over the next few years, several arms of the Indian government are planning pilot projects to get the motor running.

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200 Megawatts To Be Re-Tendered At India’s Largest Solar Power Park

200 Megawatts To Be Re-Tendered At India’s Largest Solar Power Park

India’s largest solar power park, in Karnataka, will witness a re-tendering of 200 megawatts of capacity shortly.

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Decision On Bringing Petroleum Under GST After Considering Revenue Impact: MP Minister

Decision On Bringing Petroleum Under GST After Considering Revenue Impact: MP Minister

The Madhya Pradesh Government today said it would decide on bringing petroleum products under the Goods and Services Tax after considering its impact on the reveune.

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India's Annual Diesel Consumption To Rise By Two-Thirds By 2030

India's Annual Diesel Consumption To Rise By Two-Thirds By 2030

India's annual diesel consumption could rise to 150 billion litres by 2030 from 90 billion litres now, Oil Minister Dharmendra Pradhan said on Wednesday.

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High Court Refuses To Stay Probe In RIL Gas Price Issue

High Court Refuses To Stay Probe In RIL Gas Price Issue

The Delhi High Court today refrained from granting an interim stay on the probe into an FIR against RIL and others, including two former UPA ministers, for alleged irregularities in raising the price of gas from the KG-6 basin.

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Refineries In 3 States To Supply Euro-VI Fuel To Delhi From April

Refineries In 3 States To Supply Euro-VI Fuel To Delhi From April

Ultra-clean Euro-VI grade petrol and diesel, sourced from refineries in Uttar Pradesh, Madhya Pradesh and Punjab, will be supplied in the national capital from next April in a bid to combat alarming levels of air pollution.

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India’s Bio-Fuel Industry Set To Become Rs 1 Lakh Crore Market: Pradhan

India’s Bio-Fuel Industry Set To Become Rs 1 Lakh Crore Market: Pradhan

India’s nascent biofuel industry has the potential to develop into a flourishing Rs 1 lakh crore market in the coming years, Oil Minister Dharmendra Pradhan today said.

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Poland's PGNiG Signs First Mid-term Deal For LNG Supplies From U.s.

Poland's PGNiG Signs First Mid-term Deal For LNG Supplies From U.s.

Poland's dominant gas firm PGNiG has signed its first mid-term deal for liquefied natural gas (LNG) deliveries from the United States, as part of a wider plan to cut its reliance on Russian supplies, it said on Tuesday.

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India Proposes New Bio-Ethanol Policy To Spur Rs 5,000 Crore Investments

India Proposes New Bio-Ethanol Policy To Spur Rs 5,000 Crore Investments

The Modi government today announced the blueprint of a new bio-ethanol policy that aims to spur investments of the tune of Rs 5,000 crore for setting up projects with a total production capacity of 1 billion litre of ethanol every year.

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Global Crude Oil Price Of Indian Basket Was US$ 60.95 Per Bbl On 21.11.2017

Global Crude Oil Price Of Indian Basket Was US$ 60.95 Per Bbl On 21.11.2017

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$ 60.95 per barrel (bbl) on 21.11.2017.

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Indian Oil Studies Renewed Venezuelan Crude Purchases

Indian Oil Studies Renewed Venezuelan Crude Purchases

Indian Oil Corp. Ltd (IOC) is considering buying Venezuelan crude for the first time in at least six years, in a move that could help the crisis-struck South American nation settle unpaid bills with another state-owned Indian energy firm.

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OMCs Ready To Supply Euro-VI Fuel To Improve Delhi's Air Quality: IOC

OMCs Ready To Supply Euro-VI Fuel To Improve Delhi's Air Quality: IOC

The Euro-VI grade petrol and diesel will be supplied to the national capital by three oil PSUs from their refineries at Mathura, Bina and Bhatinda from April to help it fight the alarming levels of air pollution.

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Dharmendra Pradhan Asks Oil PSUs To Boost Gas Supplies To States

Dharmendra Pradhan Asks Oil PSUs To Boost Gas Supplies To States

Oil Minister Dharmendra Pradhan on Tuesday asked state-owned firms to increase supply of natural gas and alternative fuels to states where the use of polluting petroleum coke and furnace oil has been banned.

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Indian Crude Breaches $60 A Barrel; Are Excise Cuts Coming?

Indian Crude Breaches $60 A Barrel; Are Excise Cuts Coming?

With crude oil going above $60 a barrel and the Organisation of the Petroleum Exporting Countries (OPEC) expected to extend ouput cuts later this month, the Indian government faces a difficult decision to renew the excise reduction on transport fuels in this election season.

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Indian Oil Corporation Studies Renewed Venezuelan Crude Purchases

Indian Oil Corporation Studies Renewed Venezuelan Crude Purchases

Indian Oil Corp is considering buying Venezuelan crude for the first time in at least six years, in a move that could help the crisis-struck South American nation settle unpaid bills with another state-owned Indian energy firm.

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India Rejigs Its Energy Basket As Gulf Tensions Escalate

India Rejigs Its Energy Basket As Gulf Tensions Escalate

As tensions and turmoil in West Asia escalate, India finds itself in an unenviable position of reassessing, re-finessing and realigning its energy0security blueprint.

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Conference To Promote Use Of Ethanol

Conference To Promote Use Of Ethanol

The central government's policy of blending petrol with ethanol was formulated in 2000. "It was then decided to blend petrol with up to 5% of ethanol, and the target was to be achieved in the next four years.

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IL&FS Transportation JV Plans Rs 890 Crore Bond Issue To Refinance Debt

IL&FS Transportation JV Plans Rs 890 Crore Bond Issue To Refinance Debt

Jorabat Shillong Expressway Ltd, a joint venture between IL&FS Transportation Networks Ltd (ITNL) and Ramky Infrastructure Ltd, plans to raise around Rs890 crore through bonds, in a bid to refinance existing debt at a lower cost, according to three people aware of the matter.

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Railways To Phase Out Diesel Engines In Five Years: Piyush Goyal

Railways To Phase Out Diesel Engines In Five Years: Piyush Goyal

Two months after a run-in with US giant General Electric Co. (GE) over the manufacture of diesel locomotives, Indian Railways has decided to phase out diesel engines in the next five years and switch entirely to electric ones.

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IRDA For Special Status To Railways' Bonds

IRDA For Special Status To Railways' Bonds

The Insurance Regulatory and Development Authority of India (Irda), Indian Railways and Life Insurance Corporation of India are in disagreement over the ‘status’ of the proposed borrowing by the Railways as the regulator demands that the funds belonging to millions of common insurers be ring-fenced as stipulated by regulations, two people familiar with the developments said.

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Railways To Go Ahead With Global Tender

Railways To Go Ahead With Global Tender

The Indian Railways has decided to go ahead with its global tender for rails despite stiff opposition from the steel ministry, which had flagged the government’s policy of giving preference to domestic manufactured iron and steel for government procurement.

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Metro Link Express For Gandhinagar And Ahmedabad: China Railways Rolling Stock Disqualified

Metro Link Express For Gandhinagar And Ahmedabad: China Railways Rolling Stock Disqualified

The Supreme Court has upheld the Metro-Link Express for Gandhinagar and Ahmedabad’s (MEGA) decision to disqualify China’s state-run rail company.

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Indian Railways To Use Artificial Intelligence

Indian Railways To Use Artificial Intelligence

Aiming to reduce the possibilities of signals failing, Indian Railways has undertaken remote condition monitoring of the system, a new approach for the national transporter, to predict failures through the effective use of Artificial Intelligence.

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Nitin Gadkari Directs 300 Houses On SAI Regional Centre Land To Be Resettled

Nitin Gadkari Directs 300 Houses On SAI Regional Centre Land To Be Resettled

Union minister for road transport, highways and shipping Nitin Gadkari, who is also city MP, has directed that 300 houses on land reserved for Sports Authority of India (SAI) regional centre and National Sports Coaching Institute (NSCI) at Wathoda in East Nagpur be resettled by Nagpur Municipal Corporation (NMC) .

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How IIT Kanpur Scientists Are Planning To Curb Pollution In Uttar Pradesh

How IIT Kanpur Scientists Are Planning To Curb Pollution In Uttar Pradesh

Just a few days after Delhi was declared a 'gas chamber' choking its own citizens, now the western city of Lucknow is going through its worst phase of consistent bad air quality.

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Special Railways Train Travels 160 Km In Wrong Direction, Leaves 1500 Farmers Stranded In Madhya Pradesh

Special Railways Train Travels 160 Km In Wrong Direction, Leaves 1500 Farmers Stranded In Madhya Pradesh

In a strange incident of negligence, over 1500 farmers who were travelling to Maharashtra from Delhi in a special train were left stuck at Madhya Pradesh’s Banmor station after the train travelled 160 kilometres in the wrong direction.

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Keeping His Promise, Piyush Goyal Gives Naxal-Hit Dantewada District Its First Express Train

Keeping His Promise, Piyush Goyal Gives Naxal-Hit Dantewada District Its First Express Train

Tuesday, the 21st of November was a special day for the people of Naxal-hit Kirandul (in Dantewada district of Chhattisgarh), as they will no longer have to travel miles to Jagdalpur to board an ‘Express’ train.

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Indian Railways To Completely Switch To The Electric Trains In Five Years: Piyush Goyal

Indian Railways To Completely Switch To The Electric Trains In Five Years: Piyush Goyal

Indian Railways in next five years would completely switch to the electric trains, weeding out the diesel based engines completely.

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Moody’s Upgrade Boosts Already Growing Confidence In Indian Debt

Moody’s Upgrade Boosts Already Growing Confidence In Indian Debt

India’s sovereign rating upgrade by Moody’s is a shot in the arm for Indian companies looking to raise funds in offshore bond markets.

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Govt Grants More Power To Smart Mission

Govt Grants More Power To Smart Mission

The state government has decided to restructure and provide more power to the smart city executing agency here to ensure smooth and timely completion of various projects.

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Visakhapatnam-Jagdalpur Train To Run Upto Kirandul Now

Visakhapatnam-Jagdalpur Train To Run Upto Kirandul Now

Fulfilling more than three decade demand of local public of Kirandul region for running an express train in their area, Indian Railways has extended the existing special train between Visakhapatnam-Jagdalpur upto Kirandul in Dantewada district of Chhattisgarh  from  November 20

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