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November 15, 2018, Thursday

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

Coal Ministry Invites Application For Coal India Chairman’s Post

Coal Ministry Invites Application For Coal India Chairman’s Post

The coal ministry, which has formed a search committee for finding a chairman for Coal India (CIL), has finally invited applications from suitable candidates last week.

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Solar, Wind Stocks Soar Up To 5% As Govt Plans Mega Tenders

Solar, Wind Stocks Soar Up To 5% As Govt Plans Mega Tenders

Shares of wind and solar companies hogged the limelight on Monday after the Ministry of New and Renewable Energy on Friday announced auction of up to 21 GW solar and wind capacities by March 2018.

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Govt Transfers Coal India Shares To Bharat 22 ETF

Govt Transfers Coal India Shares To Bharat 22 ETF

The government has transferred Coal India shares worth nearly Rs507 crore to Bharat 22 ETF, accroding to a regulatory filing on Monday.

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Tata Power

Tata Power Solar commissions rooftop solar carport

Tata Power Solar said today that it has commissioned India's first solar carport on the rooftop of mall in the national capital.

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India's Coal Imports May See Further Dip On Self-sufficiency, Renewable Energy Push: Fitch

India's Coal Imports May See Further Dip On Self-Sufficiency, Renewable Energy Push: Fitch

Global rating agency Fitch has said India's dependency on imported coal may continue to decline as the government moves ahead on the path of self-sufficiency.

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Tata Power Solar Commissions India's First Rooftop Solar Carport

Tata Power Solar Commissions India's First Rooftop Solar Carport

Tata Power Solar has commissioned India's first rooftop solar car port at Unity One mall in Rohini, in association with Delhi Metro Rail Corporation (DMRC), to offer provide 300KW of solar electricity.

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India Prepares For Its Largest-Ever Wind Energy Tender

India Prepares For Its Largest-Ever Wind Energy Tender

India’s Ministry of New & Renewable Energy has shared details of the largest wind energy tender ever in the country.

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Adani’s Australian Mine May Not “Go Ahead” After State Election

Adani’s Australian Mine May Not “Go Ahead” After State Election

The incumbent Australian Labor Party (ALP) is well on way to form government in Queensland, a result that casts shadow on Adani Group’s proposed $16.5 billion coal mine in the state’s north.

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Government Determined To Not Let Delhi Smog-Like Situation Recur: Environment Secretary C K Mishra

Government Determined To Not Let Delhi Smog-Like Situation Recur: Environment Secretary C K Mishra

The Centre is determined to not let the Delhi smog-like situation recur, Environment Secretary C K Mishra said here today and asserted that no single authority can be held responsible.

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Rural Electrification Well Positioned To Be A Wholesale Bank, Says Lender’s Head

Rural Electrification Well Positioned To Be A Wholesale Bank, Says Lender’s Head

Is it the fatigue of being in the business of connecting thousands of villages with electricity for almost five decades? Or is it that banking is oh so sexy? Talk to PV Ramesh of Rural Electrification Corporation.

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'Coal Import May See Further Dip On Self-sufficiency Push'

'Coal Import May See Further Dip On Self-sufficiency Push'

Global rating agency Fitch has said India's dependency on imported coal may continue to decline as the government moves ahead on the path of self- sufficiency.

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EESL To Host Inspire 2017, Global Event On Energy Efficiency

EESL To Host Inspire 2017, Global Event On Energy Efficiency

The five-day event will showcase Innovation and Implementation of Best Practices in Energy Efficiency Technologies, Policies and Financing.

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Chennai: Solar Rooftops To Cater 90 Per Cent Power To Corporation Buildings

Chennai: Solar Rooftops To Cater 90 Per Cent Power To Corporation Buildings

The Greater Chennai Corporation is all set to install solar panels in 1,378 Chennai corporation owned buildings, in a bid to swerve towards green energy from non-renewable energy.

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Narendra Modi Govt To Step Beyond Renewable Goal With China-scale Tenders

Narendra Modi Govt To Step Beyond Renewable Goal With China-Scale Tenders

In a bid to exceed Prime Minister Narendra Modi’s climate pledges, India announced that it will tender enough renewable energy projects over the next three years to surpass 200 gigawatts of green capacity build by 2022.

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India’s Coal-Fired Power Units Will Spew Toxic Fumes For Longer

India’s Coal-Fired Power Units Will Spew Toxic Fumes For Longer

Coal-fired power plants in India, the nation with the world’s deadliest air, are set to miss the deadline to curb toxic smoke.

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Draft National Energy Policy Proposes Aligning Energy Prices With International Rates

Draft National Energy Policy Proposes Aligning Energy Prices With International Rates

A draft national energy policy proposing aligning energy prices with international rates will be put up for the approval of the Cabinet.

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GAIL India Attempts To Sensitize People On Effects Of Climate Change

GAIL India Attempts To Sensitize People On Effects Of Climate Change

In order to sensitise people about the destructive effects of climate change, GAIL (India) Ltd released a short film titled, 'Kadvi Hawa Badlo'.

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Korba Power Plant Could Overcome Blackout In 15 MTS

Korba Power Plant Could Overcome Blackout In 15 MTS

Korba Thermal Power Plant could now be reinstated in case of blackout within just 15 minutes with the help of proving start up power from the hydel power plant of Bango.

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Punjab Fails To Keep Date With Power Tariff Cut For Industry

Punjab Fails To Keep Date With Power Tariff Cut For Industry

The Punjab government's much publicised move of to reduce power tariff for industry to Rs 5 per unit has not been implemented from November 1 as originally planned.

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No Point Pursuing Coal Over Renewables

No Point Pursuing Coal Over Renewables

From Paris Agreement to International Solar Alliance, India sends a reassuring signal to the global community of its commitment to increasing the share of non-fossil fuel energy, particularly through greater use of renewables—solar and wind—in its power-generation capacity.

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Cost Overrun, Lack Of Long-term PPAs Hurt Credit Profile Of Ipps

Cost Overrun, Lack Of Long-Term PPAs Hurt Credit Profile Of Ipps

Capital cost escalation, domestic coal availability issues, shortfall in domestic gas supply and drying up of long-term power purchase agreements (PPAs) have adversely affected the credit profile of leading IPPs (independent power producers).

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Centre Looking To Strengthen Domestic Manufacture Of Renewable Energy Requirement

Centre Looking To Strengthen Domestic Manufacture Of Renewable Energy Requirement

Taking cognizance of the long-pending demand from the Power and New and Renewable Energy Ministry to declare the roadmap of renewable energy development in India.

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Kishen Ganga Power Project: Affected Families Still Await Compensation

Kishen Ganga Power Project: Affected Families Still Await Compensation

As the 330 megawatt Kishen Ganga Power Project is nearing completion, around 600 families whose land has been acquired for the project in Gurez and Bandipora are yet to be compensated.

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Scam In Karnataka Coal Transport: Kedar

Scam In Karnataka Coal Transport: Kedar

Saoner MLA Sunil Kedar has written a letter to Karnataka chief minister Siddharamaiah alleging that part of coal meant for Karnataka Power Corporation Limited (KPCL) was being diverted by the company's transporters.

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Essel Infra UP Solar Tariff Gets Regulator's OK, Others To Match Bid

Essel Infra UP Solar Tariff Gets Regulator's OK, Others To Match Bid

Tariff of Essel Infraprojects' solar power plant at Uttar Pradesh (UP) has been upheld by Uttar Pradesh Electricity Regulatory Commission, more than a year after the project was commissioned.

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Solar Power Developers Flouting Domestic Content Norms May Face Penal Action

Solar Power Developers Flouting Domestic Content Norms May Face Penal Action

India plans to penalize solar power developers which are using foreign equipment in power generation projects awarded on the basis that they would only use locally made solar cells and modules, according to two government officials.

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State To Buy Wind Power

State To Buy Wind Power

Punjab has forayed into tapping a cost-effective source of power — wind energy.The state has signed an agreement with the Solar Energy Corporation of India to purchase 450 million units of power per year.

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L&T Gets Rs 3,572 Cr Worth Of Orders From BIAL, JSW Steel, Saudi Electricity

L&T Gets Rs 3,572 Cr Worth Of Orders From BIAL, JSW Steel, Saudi Electricity

Larsen & Toubro, India’s largest construction company, said it won new orders worth Rs 3,572 crore.

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NTPC Eyes Coal-based Power Plants Built Only With Local Equipment

NTPC Eyes Coal-Based Power Plants Built Only With Local Equipment

NTPC Ltd, country’s largest power producer, plans to acquire operational coal-based power stations but only those built with Indian, not Chinese, equipment and with lower generation costs, which will keep many private plants out.

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ONGC Officers Urge PM Modi To Stop Oil Min Plan To Sell Oil & Gas Fields

ONGC Officers Urge PM Modi To Stop Oil Min Plan To Sell Oil & Gas Fields

Oil and Natural Gas Corp (ONGC) officers association has sought Prime Minister Narendra Modi's intervention to stall Oil Ministry's plan to sell the company's producing oil and gas fields, saying the move has highly damaging implications for the country.

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Oil Touches 2-yr High Ahead Of Expected Production Cut Extension

Oil Touches 2-Yr High Ahead Of Expected Production Cut Extension

Crude oil prices advanced to their highest level since 2015 before retreating slightly on Monday.

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Dharmendra Pradhan To Inaugurate IOCL Terminal In Jharsuguda On November 29

Dharmendra Pradhan To Inaugurate IOCL Terminal In Jharsuguda On November 29

Union Minister for Petroleum and Natural Gas Dharmendra Pradhan will inaugurate a terminal of Indian Oil Corporation, state's biggest, on November 29.

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UAE's ADNOC To Spend Over $109 Billion To Boost Gas, Downstream

UAE's ADNOC To Spend Over $109 Billion To Boost Gas, Downstream

Abu Dhabi National Oil Co (ADNOC) will spend more than 400 billion dirhams ($109 billion) in the next five years which will include boosting gas output and investing in international downstream activities, ADNOC said on Monday.

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The Twin Threats From Coal And Oil Prices

The Twin Threats From Coal And Oil Prices

Global coal prices are hovering around $90 a tonne and that will show up in our import bill.

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crude oil segment

Oil On The Boil: Govt To Cut Excise Duty Post $65 Per Barrel?

As Oil prices are heating up, Govt is watching the situation very closely.

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Credit Suisse Upgrades Oil India To Outperform As Brent Crude Trades Above $60/bbl

Credit Suisse Upgrades Oil India To Outperform As Brent Crude Trades Above $60/bbl

Credit Suisse has upgraded Oil India to outperform from neutral and also raised target price to Rs 425 from Rs 300 per share following increase in crude oil prices.

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GAIL Is Said To Receive Gazprom Letter On LNG Contract Start

GAIL Is Said To Receive Gazprom Letter On LNG Contract Start

GAIL India Ltd. received notification from Russia’s Gazprom PJSC that it plans to start deliveries of liquefied natural gas through a contract the Indian buyer is trying to renegotiate, according to people with knowledge of the matter.

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Opinion: Opportunities And Challenges Amid The Dash For Gas

Opinion: Opportunities And Challenges Amid The Dash For Gas

Wood Mackenzie forecasts global gas demand surging by as much as 41% over the next two decades, with LNG demand at the forefront of this new global dash for gas as governments seek cleaner energy solutions to national demand, writes Paul Sullivan.

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Global Crude Oil Price Of Indian Basket Was Us$ 62.14 Per Bbl On 24.11.2017

Global Crude Oil Price Of Indian Basket Was Us$ 62.14 Per Bbl On 24.11.2017

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$ 62.14 per barrel (bbl) on 24.11.2017.

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Gail (India) Ltd Releases Short Film Featuring Sanjay Mishra, Ranvir Shorey To Sensitize People On The Effects Of Climate Change

Gail (India) Ltd Releases Short Film Featuring Sanjay Mishra, Ranvir Shorey To Sensitize People On The Effects Of Climate Change

In order to sensitise people about the destructive effects of climate change, GAIL (India) Ltd released a short film titled, ‘Kadvi Hawa Badlo’.

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No Leakage Of Gas, Says IOCL After Minor Burns Incident

No Leakage Of Gas, Says IOCL After Minor Burns Incident

THE Indian Oil Corporation Ltd (IOCL) on Friday clarified that there was no leakage of gas in its refinery. Rather spillage of molten sulphur in IOTL area led to minor burn injury of four workers.

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Why Invest In Oil When It’s Riding Into The Sunset?

Why Invest In Oil When It’s Riding Into The Sunset?

Railway minister Piyush Goyal said last week that the railways would be completely electrified by 2022, phasing out diesel locomotives.

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US Crude Oil Prices Near 2-year Highs As Key Pipeline Stays Closed

US Crude Oil Prices Near 2-Year Highs As Key Pipeline Stays Closed

US oil pricesremained near two-year highs on Monday on the back of the ongoing closure of the Keystone pipeline connecting Canada and the United States, while expectations of extended OPEC-led supply cuts also supported markets.

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‘LPG Plant Plan May Hit Biodiversity In Puthuvype’

‘LPG Plant Plan May Hit Biodiversity In Puthuvype’

The rich biodiversity at Puthuvype maybe damaged once the LPG project at Puthuvype becomes operational, states a rapid assessment study conducted by Salim Ali Foundation, Thrissur.

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Maoists Attack Gas Pipeline Project Site, Set On Fire Four Vehicles In Bihar’s Gaya District

Maoists Attack Gas Pipeline Project Site, Set On Fire Four Vehicles In Bihar’s Gaya District

Suspected Maoists attacked the site of a natural gas pipeline project and set on fire four heavy vehicles in southcentral Bihar’s Gaya district late on Friday night.

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HPCL Acquisition To Shield Us Against Revenue Shocks: Shashi Shanker

HPCL Acquisition To Shield Us Against Revenue Shocks: Shashi Shanker

Shashi Shanker, who took over charge as Oil and Natural Gas Corporation (ONGC) as chairman and managing director from 1 October 2017, has an experience of over 30 years in diverse Exploration and Production (E&P) activities.

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‘Will Table Privilege Motion Against ONGC Chairman’

‘Will Table Privilege Motion Against ONGC Chairman’

Three MPs from East Godavari district — Pandula Ravindra Babu (Amalapuram), Thota Narasimham (Kakinada) and M. Muralimohan (Rajamahendravaram) — are going to move a privilege motion in the ensuing Parliament session against ONGC Chairman Shashsi Shanker.

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ONGC Pens Letter To PM Narendra Modi

ONGC Pens Letter To PM Narendra Modi

Amid reports that the government plans to offer 60% stake in government-owned companies’ existing oil and gas fields to private players, state-run ONGC on Friday wrote a letter to the Prime Minister opposing any such move.

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PetroMin Pushes OMCs To Buy Paddy Stubble

PetroMin Pushes OMCs To Buy Paddy Stubble

After announcing early rollout of Bharat Stage VI (BS-VI) emission norms in Delhi by April 1 next year, two years ahead of the earlier target, the Union ministry of petroleum and natural gas is now getting into a solution for crop stubble burning, a major reason for air pollution in the National Capital Region (NCR).

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Puthuvypeen: The IOC Project That Could Turn A Kerala Village Into A Deathtrap

Puthuvypeen: The IOC Project That Could Turn A Kerala Village Into A Deathtrap

The state of Kerala is unusually mindful of the hazards posed by pigs. According to the state Pollution Control Board (KSPCB) rules, pig farms fall under the ‘Red’ category, reserved for the most hazardous group of industries.

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Israel, Egypt Ministers Said To Discuss Potential Gas Exports

Israel, Egypt Ministers Said To Discuss Potential Gas Exports

Ministers from Egypt and Israel held a call last week to discuss the potential sale of Israeli gas to Egypt, according to a person with direct knowledge of the matter.

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GLOBAL LNG-Asia Spot Steady At 3-year High On Outages, Tender Awards, Oil

GLOBAL LNG-Asia Spot Steady At 3-year High On Outages, Tender Awards, Oil

Asian spot liquefied natural gas (LNG) prices held steady near three-year highs this week as production problems in Indonesia, higher oil and European gas benchmarks and tender awards lent support.

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Chinese Refiners Could Make Competition More Intense In Fuel Export Market

Indian Refiners Processed Record Oil Volume In October – Government

Indian refiners processed a record 5.2 million barrels per day of oil in October as the world’s third biggest oil consumer added extra capacity to meet the rising fuel demand, government data showed.

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IEA: Lower Supply From Nigeria, Algeria, Iraq Dipped October OPEC Output By 80,000bpd

IEA: Lower Supply From Nigeria, Algeria, Iraq Dipped October OPEC Output By 80,000bpd

Due mainly to lower supply from Nigeria, Algeria and Iraq, the OPEC crude output in the month of October dropped by 80,000 barrel per day, the Oil Market Report for November has revealed.

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Piyush Goyal Takes Impromptu Ride On Mumbai Local; Also Inspects Progress Of Elphinstone Bridge

Piyush Goyal Takes Impromptu Ride On Mumbai Local; Also Inspects Progress Of Elphinstone Bridge

Railway Minister Piyush Goyal on Monday took a surprise ride on the suburban train to the nearby Currey Road station and also visited Elphinstone Road.

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PM Modi To Inaugurate Hyderabad Metro Rail Project Tomorrow

PM Modi To Inaugurate Hyderabad Metro Rail Project Tomorrow

Prime Minister Narendra Modi will tomorrow inaugurate the Hyderabad Metro Rail project, touted as the world’s largest public-private partnership (PPP) in the sector.

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8 Trains Cancelled Till February 13 Due To Fog: NER Official

8 Trains Cancelled Till February 13 Due To Fog: NER Official

Owing to onset of fog, the North Eastern Railways (NER) has suspended eight trains from December 1 to February 13, an official said on Monday.

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New AC Local: Rly Staff Will Be On Train To Help Mumbai Commuters With Automatic Doors

New AC Local: Rly Staff Will Be On Train To Help Mumbai Commuters With Automatic Doors

From deploying railway officials on board to give directions on use of automatic doors to Aamchi Mumbai theme for its exteriors, the western railway (WR) is all geared up to gift the city its first air-conditioned (AC) local train on January 1.

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Decades Of Infrastructure Neglect Is Taking Its Toll, Says Railway Board Chairman Ashwani Lohani

Decades Of Infrastructure Neglect Is Taking Its Toll, Says Railway Board Chairman Ashwani Lohani

Decades of neglect is taking a toll on the Indian Railways, Chairman of the Railway Board Ashwani Lohani said on Sunday, two days after a derailment in Uttar Pradesh killed three passengers, PTI reported.

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Barrage Gates In Need Of Repairs

Barrage Gates In Need Of Repairs

One of the sluice gates of Durgapur Barrage on the Damodar got twisted and fell into the river, causing water to gush out to the lower catchment area and leaving the left upper catchment area dry.

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Delhi Metro Fare Hike To Be On Auto Mode, Next Round Likely In January-2019

Delhi Metro Fare Hike To Be On Auto Mode, Next Round Likely In January-2019

Fares of Delhi Metro are likely to go up in January, 2019 again, going by the recommendations of a Centre-appointed committee, authorised to fix the mass rapid transit's commuting tariff.

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New Delhi: Dense Fog Wrecks Railway Service; 45 Trains Delayed, 4 Re-Scheduled And 3 Cancelled

New Delhi: Dense Fog Wrecks Railway Service; 45 Trains Delayed, 4 Re-Scheduled And 3 Cancelled

The National Capital witnessed a foggy morning on Monday, resulting in at least 45 trains being delayed, 4 trains being re-scheduled and 3 trains being cancelled.

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Kerala Police Issue Alert To Railway Station On Possible Poisoning Of Sabarimala Pilgrims By Islamic State Terrorists

Kerala Police Issue Alert To Railway Station On Possible Poisoning Of Sabarimala Pilgrims By Islamic State Terrorists

The Kerala police have issued an alert to the Thrissur railway station on possible poisoning of Sabarimala Temple pilgrims by the Islamic State terrorists.

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Delhi-Chandigarh 200-kmph Rail Corridor To Cost Rs 11,000 Crore, Says French Railway Report

Delhi-Chandigarh 200-kmph Rail Corridor To Cost Rs 11,000 Crore, Says French Railway Report

It will cost about Rs 11,000 crore ($1.7 billion) to increase the train speed up to 200 km per hour on the Delhi-Chandigarh route so that a passenger can travel the distance in two hours, according to the draft final report submitted by SNCF, the French railway, to Indian Railways.

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Pakistan To Receive Just 9 Per Cent Of Gwadar Port Income, Senators Raise Concerns Over CPEC Agreement

Pakistan To Receive Just 9 Per Cent Of Gwadar Port Income, Senators Raise Concerns Over CPEC Agreement

Contrary to the high claims that the Pakistan government made on the generation of revenue from the Gwadar port, the port which is a part of the China-Pakistan Economic Corridor (CPEC) will fetch the country, a very small proportion of the total generated revenue.

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Train Service In Kashmir Again Hit For Security Reasons

Train Service In Kashmir Again Hit For Security Reasons

Train service has again been suspended on Monday for security reasons in the Kashmir valley, where separatists had called for a general strike to express solidarity with the detenues, lodged in different jails within and outside the state.

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