​GOOD MORNING INDIA!

November 15, 2018, Thursday

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

Electric Cars

Mahindra & Uber Partner To Push Evs In India

India’s leading electric vehicles manufacturer, Mahindra & Mahindra, and Uber have announced a partnership to introduce electric vehicles as taxis across Indian cities to make the most of the policy push by the government for cleaner transportation.

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101 crore

Siemens Gamesa Gets 200-Megwatt Order For Indian Wind Park

Siemens Gamesa Renewable Energy SA won an order to supply 200 megawatts of low-wind turbines to a project in India’s Tamil Nadu state.

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Hike In Tariff Likely To Be Less Than Projected: Uttarakhand Power Secy

Hike In Tariff Likely To Be Less Than Projected: Uttarakhand Power Secy

In a bid to allay fears among consumers about the proposed 13% hike in electricity tariff by the Uttarakhand Power Corporation Limited (UPCL), state power secretary Radhika Jhan, on Tuesday, said how a projected increase has always been more than the actual effective rise in charges.

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Mytrah Energy To Add 500-1,000 Mw Renewable Energy Capacity Annually

Mytrah Energy To Add 500-1,000 Mw Renewable Energy Capacity Annually

Renewable energy company Mytrah plans to add 500 MW to 1,000 MW every year of wind and solar power, a top company official said.

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Work To Start On Bangladesh N-Project Aided By Russia

Work To Start On Bangladesh N-Project Aided By Russia

Work will start on Thursday on constructing the first nuclear power plant in Bangladesh at Rooppur with Russian collaboration, according to an announcement from Russia's atomic energy corporation Rosatom.

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Renewable Energy

Ultimate Sun Systems Installs 7.5mw+ Of Solar Power Generating Capacity In Haryana

Pioneer in the field of renewable energy solutions, Ultimate Sun Systems has leveraged its cutting-edge technologies to provide environment-friendly, energy-efficient, and cost-effective solutions in Haryana, which has resulted in impressive traction in the state.

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India: Canada Pension Board To Acquire Stake In Renew Power

India: Canada Pension Board To Acquire Stake In Renew Power

Canada Pension Plan Investment Board (CPPIB) is in the process of acquiring stake in Indian renewable energy firm ReNew Power Ventures Pvt Ltd in two tranches.

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Work To Start On Bangladesh N-Project Aided By Russia

Work To Start On Bangladesh N-Project Aided By Russia

Work will start on Thursday on constructing the first nuclear power plant in Bangladesh at Rooppur with Russian collaboration, according to an announcement from Russia's atomic energy corporation Rosatom.

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Siemens Gamesa Secures 200-MW Order In India

Siemens Gamesa Secures 200-MW Order In India

Siemens Gamesa Renewable Energy SA (BME:SGRE) has secured an order for a 200-MW wind farm in India, the Spanish-based turbine manufacturer said today.

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‘Comprehensive’ National Energy Plan For India In Pipeline - Narendra Modi

‘Comprehensive’ National Energy Plan For India In Pipeline - Narendra Modi

Indian prime minister Narendra Modi has announced that his government is working on a National Energy Policy (NEP) and has praised the progress of India's renewbale energy activity.

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NTPC Looks To Acquire Stressed Commissioned Plants

NTPC Looks To Acquire Stressed Commissioned Plants

State-run power giant NTPC has floated a tender to acquire commissioned stressed coal-based power plants in the country.

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NLC Tripartite Committee Meeting Fails

NLC Tripartite Committee Meeting Fails

The tripartite Committee meeting, pertaining to the implementation of the minimum wages announced by the central government to contract workers of the Neyveli Lignite Corporation(NLC), held here on Tuesday has failed.

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Decline In Coal Imports May Continue Due To Domestic Production Push: Fitch

Decline In Coal Imports May Continue Due To Domestic Production 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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Transparency, Reduction In Tariff Needed In Power Sector: Jain

Transparency, Reduction In Tariff Needed In Power Sector: Jain

Batting for bringing down electricity rates, Delhi's Power Minister Satyendar Jain today said that lack of transparency in the sector was proving detrimental to the interests of consumers and development of the country.

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Coal Import Under Check

Coal Import Under Check

Coal import for power is expected to remain subdued in the coming months of 2017-18 on the back of high shipment in September and October as both public and private generators have stocked up ahead of winter.

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Power Supply In Colvale Disrupted

Power Supply In Colvale Disrupted

Sources in the fire services department said that after they received a call at 11.15am, a fire tender was rushed to the spot. The blaze was contained, thus preventing further damage.

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‘Power For All’ Scheme In Limbo

‘Power For All’ Scheme In Limbo

Two central public sector undertakings selected “arbitrarily” by the power development department for implementation of centrally-funded schemes aimed at strengthening distribution network in Kashmir have refused to slash high implementation charges.

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Central Scheme To Light Up Manipur

Central Scheme To Light Up Manipur

Union minister of state for power R.K. Singh on Tuesday launched Pradhan Mantri Sahaj Bijli Har Ghar Yojana (Saubhagya) with a target of giving power connections to all households in Manipur by December next year. The BJP-led government is aiming to supply power to 1.6 lakh households.

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Discom Launches Out-Of-Court Settlement Scheme

Discom Launches Out-Of-Court Settlement Scheme

Power discomDakshin Haryana Bijli Vitran Nigam (DHBVN) has introduced a scheme to allow consumers with whom it has legal run-ins over issues such as power theft to settle matters out of court.

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Genus Power Infrastructures Rises Nearly 5% On Order Win From EESL

Genus Power Infrastructures Rises Nearly 5% On Order Win From EESL

Share price of Genus Power Infrastructures gained further on Wednesday on the back of order win from EESL.

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Coal Shortages Burning Out India’s Aluminium Producers

Coal Shortages Burning Out India’s Aluminium Producers

Acute coal shortages in India are beginning to take their toll on the country’s aluminium producers, as several of the major aluminium firms are unable to obtain sufficient quantities to keep captive power plants in operation.

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IITF Goes Green, Saves 1.27l Litres Of Diesel

IITF Goes Green, Saves 1.27l Litres Of Diesel

In a first, the recently concluded 37th India International Trade Fair (IITF) was an eco-friendly fair. No gensets were used for the 14-day exhibition held at Pragati Maidan.

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Saubhagya Scheme Launched In Manipur ; Power Sector Improved A Lot In The State: CM

Saubhagya Scheme Launched In Manipur ; Power Sector Improved A Lot In The State: CM

Chief Minister N.Biren Singh said that under the dynamic leadership of Prime Minister Narendra Modi, the 'Saubhagya Scheme' would transform the lives, especially poorest of the poor by providing power supply to every household of the country.

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Suggestions For National Mineral Policy, 2008: Widen Exploration Area To Address Import Dependence

Suggestions For National Mineral Policy, 2008: Widen Exploration Area To Address Import Dependence

In 2016-17, the ratio of minerals produced to minerals imported in India was 1:10, according to Niti Aayog. With around 90 per cent of India’s Obvious Geological Potential (OGP) area currently remaining unexplored.

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Power Finance Corporation Prices Dollar Bonds At 157.50 Bps Over US Yield

Power Finance Corporation Prices Dollar Bonds At 157.50 Bps Over US Yield

Power Finance Corporation (PFC) has priced its green dollar bonds at 157.50 basis points over the 10-year US Treasury yield to raise $400 million, sources aware of the deal confirmed to FE.

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Petcoke Ban: Shifting Back To Coal Is Easier Said Than Done For Cement Companies

Petcoke Ban: Shifting Back To Coal Is Easier Said Than Done For Cement Companies

Some cement producers are shifting back to coal from petroleum coke (petcoke) to meet their fuel requirements following the Supreme Court’s recent ban on petcoke use.

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Pradhan Mantri Credit Scheme: Industry Cheers Incentives To Powerlooms

Pradhan Mantri Credit Scheme: Industry Cheers Incentives To Powerlooms

The government has introduced schemes for financial assistance of up to 90 per cent under the Pradhan Mantri Credit Scheme for powerloom weavers.

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India’s First Electric Scooter Showcased At GES In Hyderabad

India’s First Electric Scooter Showcased At GES In Hyderabad

Entrepreneurs from across the world, including Ivanka Trump and her delegation, got to see a model of the S340, India’s first smart electric scooter. The scooter will be available in the market by mid-2018 at a cost of around Rs 1 lakh. 

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Bangladesh All Set To Join Nuclear Club

Bangladesh All Set To Join Nuclear Club

Bangladesh will move a step closer to becoming the 33rd nuclear power-generating country tomorrow when construction starts on the main phase of the Rooppur Nuclear Power Plant – seven years after the framework agreement was signed with Russia.

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CPPIB To Buy 15 Per Cent In Renew Power

CPPIB To Buy 15 Per Cent In Renew Power

CPP Investment Board is acquiring a 14-15% stake in Sumant Sinha-led ReNew Power Ventures for $350 million (Rs 2,250 crore), industry sources said, making the Canadian pension fund manager the third largest stakeholder in the company where Goldman Sachs holds the majority share.

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Dharmendra Pradhan, C'garh CM Inaugurates Odisha's Biggest Automated Oil Terminal
Gas Pipeline Safety

Piped Gas Project Can Expand To Northern Districts If Kochi Phase Is Successful

If the city gas project in Ernakulam, for delivering cooking gas through piped connections, is successful, it could be expanded to northern districts of Kerala, state government has informed the Kerala High Court.

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Global Crude Oil Price Of Indian Basket Was US$ 61.92 Per Bbl On 28.11.2017

Global Crude Oil Price Of Indian Basket Was US$ 61.92 Per Bbl On 28.11.2017

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$ 61.92 per barrel (bbl) on 28.11.2017. This was lower than the price of US$ 61.95 per bbl on previous publishing day of 27.11.2017. In rupee terms, the price of Indian Basket decreased to …

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More Than 60,000 Petrol Pumps In India, 45% Jump In 6 Years

More Than 60,000 Petrol Pumps In India, 45% Jump In 6 Years

India has recorded 45 per cent jump in the number of petrol pumps in the last six years, possibly the highest growth rate in the world, as public and private sector firms jostled to capture retailing sites.

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Mega Refinery: Better To Be Prepared Today Than Be Sorry Tomorrow, Says Indianoil Chairman

Mega Refinery: Better To Be Prepared Today Than Be Sorry Tomorrow, Says Indianoil Chairman

Does it make sense to set up a mega refinery in the country when there are already 23 refineries (public and private sector combined) here, is the question in the minds of many.

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Dharmendra Pradhan Pitches For Including Gas In GST

Dharmendra Pradhan Pitches For Including Gas In GST

Oil Minister Dharmendra Pradhan today made a strong case for inclusion of natural gas in the Goods and Services Tax, saying that if polluting coal can be included, then the environment-friendly fuel certainly deserves a place in the new regime.

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ONGC May Take Legal Action If DGH Goes Ahead With Stake Sale Proposal

ONGC May Take Legal Action If DGH Goes Ahead With Stake Sale Proposal

State-run Oil and Natural Gas Corp. Ltd (ONGC) may take legal action if the Directorate General of Hydrocarbons’ (DGH) plan to sell 60% stake in the company’s hydrocarbon fields is taken forward, two company officials said.

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U.S. Oil Has One Fatal Weakness

U.S. Oil Has One Fatal Weakness

U.S. crude oil production is again on the rise, and exports of American crude are smashing records.

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India’s Reliance Softens Overseas Oil Dreams In Pursuit Of Growth At Home

India’s Reliance Softens Overseas Oil Dreams In Pursuit Of Growth At Home

Some of the recent strategic steps that India’s Reliance Industries has taken in its oil and gas business speaks volumes about its long-term vision - the company has realized that in order to make it even bigger in one of the fastest growing energy markets, its big domestic push has to come now or never.

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L&T Consortium Wins $250 Million Power Project In Bangladesh

L&T Consortium Wins $250 Million Power Project In Bangladesh

Infrastructure major Larsen & Toubro (L&T) today said a consortium formed by it and Samsung C&T Corporation has bagged USD 250 million power plant contract in Bangladesh.

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Piyush Goyal Meets Officials In Hospital, Seeks Plan To Make Railways Better

Piyush Goyal Meets Officials In Hospital, Seeks Plan To Make Railways Better

Union railway minister Piyush Goyal on Wednesday sought a comprehensive plan on how public transport in the city can be made better.

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After Sealdah Rajdhani Express, Howrah Rajdhani Express Set For Big Upgrade In 15 Days! Check Details

After Sealdah Rajdhani Express, Howrah Rajdhani Express Set For Big Upgrade In 15 Days! Check Details

Rajdhani Express trains on multiple routes are getting a big revamp under Indian Railways’ Operation Swarn.

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First Phase Of Hyderabad Metro Rail In India Opens To Public

First Phase Of Hyderabad Metro Rail In India Opens To Public

The initial phase of the metro service covers a distance of nearly 30km and was inaugurated by Indian Prime Minister Narendra Modi in the presence of Telangana Governor E.S.L. Narasimhan and Chief Minister K. Chandrasekhar Rao.

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Train Services On Howrah-Barddhaman Section Hit By Protests

Train Services On Howrah-Barddhaman Section Hit By Protests

Train services on Howrah–Barddhaman main line section were disrupted for two hours during morning peak hours from 10 am today as a section of passengers obstructed railway track at Memari and Devipur stations, an Eastern Railway spokesman said.

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Railways Unveils New, Improved Rajdhani Coaches

Railways Unveils New, Improved Rajdhani Coaches

The new 'Swarna' coaches of the Rajdhani Express with facilities such as 'auto janitor' system in toilets and LED lighting were on Wednesday unveiled at the New Delhi Railway Station.

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Indian Railways To Raise Rs 35,000 Core To Get Safer Coaches, Push Electrification

Indian Railways To Raise Rs 35,000 Core To Get Safer Coaches, Push Electrification

The Indian Railways is looking to raise more than Rs 35,000 crore mainly to obtain safer passenger coaches and increase electric railway locomotives.

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Is Piyush Goyal’s Railways Ministry On The Right Track?

Is Piyush Goyal’s Railways Ministry On The Right Track?

Last week, Indian Railways reported four accidents in a span of fewer than 12 hours, in which seven people were killed.

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UK’s Indian Tycoons To Maintain Ganga Banks

UK’s Indian Tycoons To Maintain Ganga Banks

Union minister Nitin Gadkari said here late on Monday night that Vedanta's Anil Agarwal had taken up the Patna riverfront and the Foresight Group's Ravi Mehrotra had offered to look after the Kanpur section as part of the Indian government's offer to UK businesses to maintain stretches of India's longest river.

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City To Get 70 Electric Buses

City To Get 70 Electric Buses

To provide green and clean environment, Nagpur Municipal Corporation (NMC) will add 70 electric buses including 12 AC buses to its fleet to strengthen the public transport system in the city.

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Hyderabad Metro Holds Infrastructure Lessons For India; How Challenges Were Overcome

Hyderabad Metro Holds Infrastructure Lessons For India; How Challenges Were Overcome

Between the 11th Plan period (FY07-12) and the 12th Plan (FY13-17), infrastructure investment was projected to rise 2.3 times, from Rs 23.8 lakh crore to Rs 55.7 lakh crore.

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From Steel Rails For Railways, Logistics, ARCs, To Land, Here Is What Made News In Infrastructure Sector

From Steel Rails For Railways, Logistics, ARCs, To Land, Here Is What Made News In Infrastructure Sector

Good move to give Infra Status to logistics sector. Was long overdue and clearly justified for hard investments in warehousing, logistics parks, cold-chains, inland container depots, dry ports, railway freight terminals et al.

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Railway Infrastructure: Piyush Goyal Seeks Higher Financial Threshold To Speed Up Projects; Cites Growing Costs

Railway Infrastructure: Piyush Goyal Seeks Higher Financial Threshold To Speed Up Projects; Cites Growing Costs

To speed up execution of works in Indian Railways, Railway minister Piyush Goyal has sought an increase by four times in the financial powers to sanction projects without having to seek approval of Parliament.

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Railways Engineers Asked To Identify, Fix Defects On Tracks

Railways Engineers Asked To Identify, Fix Defects On Tracks

Engineers across the railway network have been ordered to identify all vulnerable locations on tracks immediately and draw up a plan to rectify them on an urgent basis.

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Transporting Goods To Halting Revolutionaries, The Story Behind India’s First Electric Loco Shed

Transporting Goods To Halting Revolutionaries, The Story Behind India’s First Electric Loco Shed

THE electric loco shed at Kalyan, the first of the Indian Railways and the second in Asia after Japan, inaugurated on November 28, 1928, completed 89 years on Tuesday.

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Nitin Gadkari To Go For Iran Port Opening On Sunday

Nitin Gadkari To Go For Iran Port Opening On Sunday

After Chabahar port received the first wheat consignment headed for Afghanistan from India in October-end, the Iranian government on Tuesday said it had completed construction of the first phase of the port.

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Rail Official Suspended For Mishap

Rail Official Suspended For Mishap

A senior official of the Indian railways was on Tuesday suspended in connection with the November 24 derailment of the Vasco Da Gama Express.

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First Phase Of Chabahar Port Work Over, Iran Tells India, Eyes Sunday Launch

First Phase Of Chabahar Port Work Over, Iran Tells India, Eyes Sunday Launch

Iran on Tuesday conveyed to India that it has completed the first phase of work on Chabahar port.

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Traffic On Ladakh Highway Suspended, Kashmir, Mughal Road Open

Traffic On Ladakh Highway Suspended, Kashmir, Mughal Road Open

Traffic on the national highway, connecting Ladakh region with Kashmir, has been suspended following fresh snowfall since Tuesday night.

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