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September 24, 2018, Monday

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

Power Minister Meets Banks On Stressed Power Assets, NTPC Floats Tender

Power Minister Meets Banks On Stressed Power Assets, NTPC Floats Tender

As part of the ongoing process to deal with the issue of massive stressed assets in the sector, Power Minister R.K. Singh met bankers here on Wednesday.

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IFC Bets On Green Power, Invests $15 Million In Cleanmax Solar

IFC Bets On Green Power, Invests $15 Million In Cleanmax Solar

Reaffirming its green credentials, the International Finance Corporation (IFC) has made an equity investment of USD 15 million in CleanMax Solar.

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Indian Power Finance Corporation Launches Its First International Bond In Almost Two Decades In London

Indian Power Finance Corporation Launches Its First International Bond In Almost Two Decades In London

London Stock Exchange welcomes today the listing of Indian Power Finance Corporation’s (PFC) first international bond in almost two decades.

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Solar’s Tumble Starts Claiming Victims As Trina Rethinks India

Solar’s Tumble Starts Claiming Victims As Trina Rethinks India

Solar auctions are having their intended effect: Prices for developers are tumbling across Asia. While that’s good news for consumers, solar companies might have to reconsider the economics of projects already under way.

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PSPCL Increases Its Share Of Renewable Energy, Signs Agreement For 150 Mw Wind Power

PSPCL Increases Its Share Of Renewable Energy, Signs Agreement For 150 Mw Wind Power

The Punjab state power Corporation Limited(PSPCL) has added increased its share of renewable energy has risen to 20% of the total energy produced via Thermal and Hydel sources in the state by signing an agreement with Solar Energy Corporation of India (SECI) to buy additional 150 MW of power.

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Cabinet Nod Soon For Hydro Power Policy: Singh

Cabinet Nod Soon For Hydro Power Policy: Singh

Power Minister R K Singh today said the hydro power policy is in the final leg and will soon be sent for the Cabinet approval.

 

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Cleanmax Solar Raises $15 Million From World Bank’s IFC

Cleanmax Solar Raises $15 Million From World Bank’s IFC

American private equity major Warburg Pincus-backed rooftop solar company CleanMax Solar has raised $15 million in equity capital from World Bank arm International Finance Corp. (IFC), said a senior executive of the firm.

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UPERC Adopts Rs 7.02/unit Solar Tariff For Nine Bidders For 12 Years

UPERC Adopts Rs 7.02/unit Solar Tariff For Nine Bidders For 12 Years

The Uttar Pradesh Electricity Regulatory Commission has adopted Rs 7.02 per unit as the solar tariff for the year 2015-16 for nine bidding companies who have already commissioned their projects for 12 years.

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Power Producers Seek Relief For Stranded Gas-Based Projects

Power Producers Seek Relief For Stranded Gas-Based Projects

With around 7.5 Gw of gas-based generation capacity being stranded, of which those with a combined capacity of around 3.5 Gw face a supply shortage, private power producers have asked the government for a revival package.

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IEA's View Out Of Touch, Thermal Coal Demand Won't Rise Beyond 10%: Report

IEA's View Out Of Touch, Thermal Coal Demand Won't Rise Beyond 10%: Report

India's thermal coal demand is poised to fall, belying hopes of exporters from Australia and US who eyed the country as a long-term growth market.

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Solar Energy Needs Bigger Breakthrough

Solar Energy Needs Bigger Breakthrough

In a big push to encourage energy efficient measures, especially rooftop solar power generation, India’s first rooftop solar plant on a carport at a commercial mall ‘Unity One’ in Rohini was inaugurated recently.

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Decks Cleared For Solar Plant In Dhule

Decks Cleared For Solar Plant In Dhule

The Central government has cleared decks for a 500 MW solar plant in Dondai, Dhule district on Wednesday. It is one the biggest solar power plants in the state.

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Tribes People To Get Wind Farm Revenue

Tribes People To Get Wind Farm Revenue

The tribal communities in Attappady, Palakkad, are set to partner India’s largest hydropower producing company in a unique benefit-sharing mechanism.

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Qatar Just Ran Out Of This Unlikely Natural Resource

Qatar Just Ran Out Of This Unlikely Natural Resource

Qatar is running out of sand needed for the construction of facilities for the 2022 World Cup due to the months-long Gulf blockade against Doha, according to new reports emerging from the region.

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

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

Union Minister for Petroleum and Natural Gas Dharmendra Pradhanand Chhattisgarh Chief Minister Raman Singh inaugurated a terminal of Indian Oil Corporation on Wednesday.

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Total To Offset Carbon Emissions Through Biogas Project

Total To Offset Carbon Emissions Through Biogas Project

Yann Arthus-Bertrand, president of the GoodPlanet Foundation, and Patrick Pouyanné, chairman and CEO of Total, recently signed an agreement for a project to deploy 8,400 biodigesters in Telangana.

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Over 60k Petrol Pumps In India, 45% Jump In 6 Years

Over 60k Petrol Pumps In India, 45% Jump In 6 Years

Today, private firms own 5,474, or 9 per cent of the total outlets, with Essar being the leader with 3,980 stations.

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Number Of Petrol Pumps In India At 60,799, Up 45% In 6 Years; Only 9% Owned By Private

Number Of Petrol Pumps In India At 60,799, Up 45% In 6 Years; Only 9% Owned By Private

India has recorded 45 percent 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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IOC Stands Out Amid OMCs In Terms Of Efficiency & Capacity: BOBCAPS

IOC Stands Out Amid OMCs In Terms Of Efficiency & Capacity: BOBCAPS

Oil marketing companies (OMCs) are in focus as the price build-up shows marketing margins are missing since October this year and simple calculations would suggest marketing margins are negative.

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Oil & Gas Fields: Allow Us To Bid, On Same Terms As Pvt Firms, Says ONGC

Oil & Gas Fields: Allow Us To Bid, On Same Terms As Pvt Firms, Says ONGC

Tearing into DGH’s proposal for auctioning oil and gas fields discovered by national oil companies (NOCs) to private firms, Oil & Natural Gas Corp (ONGC) has said that it should also be allowed to participate in the auction and given the same concessional terms that were being offered to the private bidders.

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Natual Gas Prices Bounce Back

Natual Gas Prices Bounce Back

Natural prices bounced back after it witnessed a correction of more than 10% in the last 2 weeks. Prices have formed a bullish harami like pattern on daily chart which acts as a trend reversal pattern.

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Rlys Plans To Integrate Big-Ticket Projects; Elevated Corridor May Go

Rlys Plans To Integrate Big-Ticket Projects; Elevated Corridor May Go

The Indian Railways have decided to work in totality and integrate their big ticket rail projects keeping in mind the several Metro rails coming across the city and its metropolitan region.

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Soon, Passengers Can Track Trains In Real Time With GPS

Soon, Passengers Can Track Trains In Real Time With GPS

A GPS-enabled device fitted in locomotives will let passengers track their trains on a real-time basis in a move to overhaul the railways’ slower manual system and provide accurate train timings.

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PMO Proposes Gujarat Model: Central PSUs Park Surplus Funds In One Firm

PMO Proposes Gujarat Model: Central PSUs Park Surplus Funds In One Firm

Borrowing from the Gujarat model, the Prime Minister’s Office wants that all Central public sector enterprises (CPSEs), including Maharatnas, park their surplus funds with a government-owned non-banking financial company (NBFC) from whom they would borrow to finance their investment projects.

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Japan Interested In Setting Up Manufacturing Institute In Kerala

Japan Interested In Setting Up Manufacturing Institute In Kerala

The Japanese ambassador in India Kenji Hiramatsu said his country would consider setting up a Manufacturing Institute in Kerala to decide on which fields investments and technical know how can be made.

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Indian Railways Sees A Growth Of 21 Million Passengers In 2017

Indian Railways Sees A Growth Of 21 Million Passengers In 2017

Amidst the discussions about all the good and bad of Indian Railways, including the constant need of cleaner trains and faster trains, and so many other things, the authority running the most important transportation system in India has seen a notable growth.

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Tirupati Railway Station In For Major Makeover

Tirupati Railway Station In For Major Makeover

The city’s main railway station is poised for a major upgrade by 2020 as it was included in the Central government’s list of smart cities.

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Train Pelted With Stone, Passenger Injured

Train Pelted With Stone, Passenger Injured

When your train passes Coimbatore-Irugur junction or Irugur-Tirupur route, it is better to duck or dodge as stones may hit you, causing injury.

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On Railways, No More Dirty Linen; Now Get Spanking New Khadi Bed Kit That You Can Even Take Home

On Railways, No More Dirty Linen; Now Get Spanking New Khadi Bed Kit That You Can Even Take Home

Have you ever travelled in AC sleeper class on a train and not worried about the cleanliness of the bedsheets, blankets and pillows offered to you? That is set to change.

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Global Sustainable Investment Centre

Global Sustainable Investment Centre

As world leading market infrastructure experts, we at London Stock Exchange Group are ideally placed at the heart of global capital markets to integrate sustainable and green solutions deep into both investment and capital raising.

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Chamba Administration Instruct NHPC To Carry Out Repair Work Of Damaged Bridges

Chamba Administration Instruct NHPC To Carry Out Repair Work Of Damaged Bridges

Chamba administration has ordered repair of damaged bridges constructed by NHPC over the river Ravi failing which the administration has warned to take strict action.

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Railways Urges Banks To Waive Or Cut Fee On Digital Transactions

Railways Urges Banks To Waive Or Cut Fee On Digital Transactions

The Indian Railways has urged banks to waive or sharply reduce the charges on digital payments for train tickets.

 

 

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Adani, Hindujas Join Race For Jaypee Infra

Adani, Hindujas Join Race For Jaypee Infra

At least three high-profile bidders Adani Group, Hindujas and Sajjan Jindal's JSW Group — have entered the fray to invest in Jaypee Infratech, taking the number of suitors past 20.

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