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September 24, 2018, Monday

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

Fix GST Rates For Hydropower At Par With Wind And Solar: ASSOCHAM Plea

Fix GST Rates For Hydropower At Par With Wind And Solar: ASSOCHAM Plea

Apex industry body ASSOCHAM has urged the Centre to fix Goods and Services Tax (GST) rates for hydropower at par with wind and solar so that value added cost and tax are commensurate for all renewable power projects.

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Probe Ordered Into Solar Power Project At Kedarnath

Probe Ordered Into Solar Power Project At Kedarnath

On the complaint of Kedarnath MLA Manoj Rawat regarding the alleged irregularities into the 200 kw solar power project at Kedarnath, an inquiry has been ordered by Uttarakhand Chief Secretary Utpal Kumar Singh.

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Indian Startup Wins For Pushing Clean Energy

Indian Startup Wins For Pushing Clean Energy

After competing with 75 startups that had come from 60 nations across the world, India-based Frontier Markets owned by Ajaita Shah won the Global Innovation through Science and Technology(GIST) Catalyst Pitch Competition on Thursday.

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Reliance Power Completes $1 Billion Power Project In Bangladesh

Reliance Power Completes $1 Billion Power Project In Bangladesh

Reliance Power completed execution of agreements for Phase 1 of the power project in Bangladesh on November 30, 2017.

 

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UP Energy Watchdog Spares Industry From Tariff Shock

UP Energy Watchdog Spares Industry From Tariff Shock

Uttar Pradesh energy watchdog has spared the industrial sector from power tariff hike for 2017-18 even as it announced on Thursday a 12 per cent increase in the average tariff payable by the sector across board.

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India's 3-year Solar, Wind Energy Roadmap To Surpass 2022 Renewable Energy Target

India's 3-year Solar, Wind Energy Roadmap To Surpass 2022 Renewable Energy Target

A few hiccups notwithstanding, India's renewable energy sector seems poised for massive growth in the next four years. India is confident it will exceed its renewable energy target of 175 GW by 2022 as it plans to award 100 GW of solar and wind contracts by 2020 and surpass 200 GW by 2022 according to the power ministry.

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UPPCL Tightens Noose Around Meter Readers Issuing Incorrect Bills

UPPCL Tightens Noose Around Meter Readers Issuing Incorrect Bills

UP Power Corporation Ltd (UPPCL) on Wednesday directed the officials to lodge FIRs against meter readers if they are found guilty of deliberately handing out incorrect or inflated bills to consumers.

 

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Andhra Pradesh: LED Bulbs To Help Gram Panchayats Cut Cost

Andhra Pradesh: LED Bulbs To Help Gram Panchayats Cut Cost

To help the gram panchayats save on power bills with the saved money helping in the development of amenities for people, West Godavari administration will install as many as 2.64 lakh LED bulbs for street lights in 909 gram panchayats in the district.

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Gujarat BJP Government Squandered Rs 26,000 Crore By Buying Electricity At High Rates From Adani, Essar, Tata And China Light Power: Congress

Gujarat BJP Government Squandered Rs 26,000 Crore By Buying Electricity At High Rates From Adani, Essar, Tata And China Light Power: Congress

The Congress on Thursday alleged that the BJP government in Gujarat had let four private companies -- Adani, ESSAR, Tata and China Light Power -- to "squander" Rs 26,000 crore of the public exchequer by purchasing electricity from them at "unimaginably high rates" in a "huge power purchase scam" in the state.

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Developing Nations Are Driving Record Growth In Solar Power

Developing Nations Are Driving Record Growth In Solar Power

Emerging markets now account for the majority of growth in solar power, according to new data from Bloomberg New Energy Finance (BNEF).

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Punjab Set To Generate Power From Stubble

Punjab Set To Generate Power From Stubble

Punjab Government has decided to generate electricity from paddy stubble to overcome the problem of burning of paddy stubble in the fields by the farmers.

 

 

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APDCL Plans To Seek Fresh ADB Loan

APDCL Plans To Seek Fresh ADB Loan

The Assam Power Distribution Company Ltd (APDCL) has decided to borrow around Rs 3,000 crore from the Asian Development Bank (ADB) and the company is finalising the proposal for the purpose that will be placed before the State government.

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Govt May Let Power Plants Pass On Gear Costs To Meet Green Norms

Govt May Let Power Plants Pass On Gear Costs To Meet Green Norms

The government may allow power plants to pass on their investments in equipment to meet stringent environmental norms to consumers, and such costs will not be included during preparation of dispatch order to ensure these plants remain competitive.

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Coal India A Better Suitor For Gail, Antique Says

Coal India A Better Suitor For Gail, Antique Says

A strong balance sheet coupled with limited investment avenues can make the world’s largest coal producer, Coal India Ltd., a good candidate to acquire the government’s stake in GAIL (India) Ltd., according to brokerage Antique Stock Broking.

 

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PSUs Unwilling To Lower Profit Margins For Power Infrastructure Projects

PSUs Unwilling To Lower Profit Margins For Power Infrastructure Projects

The stalemate between the government and public sector undertakings (PSUs) entrusted with overseeing two power projects in the Valley has not ended because the PSUs are unwilling to reduce their profit margins.

 

 

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New Hydropower Policy To Be Placed For Cabinet Approval

New Hydropower Policy To Be Placed For Cabinet Approval

The new policy for d The new policy for development of hydropower will be ready for the Cabinet nod in a few days, according to the Minister of State (Independent Charge), R K Singh.evelopment of hydropower will be ready for the Cabinet nod in a few days, according to the Minister of State (Independent Charge), R K Singh.

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By 2030, India May Offer Green Investment Potential Of $3 Trllion, Says IFC Report

By 2030, India May Offer Green Investment Potential Of $3 Trllion, Says IFC Report

India, which has pledged to significantly reduce the emissions intensity of its GDP, offers a climate-smart investment potential of $3 trillion between 2018 and 2030, said a report released by International Finance Corporation (IFC) on Wednesday.

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I-T Dept Begins 'Inquiry' Against ADAG, Knowledge Infra And Coastal Energy In Coal Import Scam

I-T Dept Begins 'Inquiry' Against ADAG, Knowledge Infra And Coastal Energy In Coal Import Scam

The income tax department has initiated its 'inquiry' against four corporate entities in coal import scam worth thousands of crores, on exceptional request from the Directorate of Revenue Intelligence (DRI).

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MPT Coal Handling Facility Was Cleared By Congress Government: Manohar Parrikar

MPT Coal Handling Facility Was Cleared By Congress Government: Manohar Parrikar

Goa Chief Minister Manohar Parrikar has said the coal handling project at the Mormugao Port Trust (MPT) was cleared by the previous Congress-led government at the Centre and that he would provide details about it in the next session of the state Assembly.

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Assocham For Hydropower GST At Par With Other Renewables

Assocham For Hydropower GST At Par With Other Renewables

Industry body Assocham has urged the Centre to fix Goods and Services Tax (GST)rate for hydropower at par with wind and solar so that value added cost and tax commensurate for all renewable power projects.

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ONGC Alleges Frivolous Campaign On Against Oil Blocks Stake Sale Policy

ONGC Alleges Frivolous Campaign On Against Oil Blocks Stake Sale Policy

State-run petroleum explorer Oil and Natural Gas Corp (ONGC) has alleged that a “frivolous” campaign is underway against the government’s proposal to sell stake in nominated fields operated by ONGC and Oil India Ltd (Ltd) to private firms under a new Performance Enhancement Contracts (PEC) regime.

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Essar Oil Seeks Extension To Pay Minority Shareholders

Essar Oil Seeks Extension To Pay Minority Shareholders

Essar Oil Ltd has sought the consent of market regulator Securities and Exchange Board of India (Sebi) to extend the deadline for paying its minority shareholders, after its nearly $13-billion acquisition by a consortium led by Russia’s Rosneft PJSC, two people aware of the matter said.

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Gas Project Can Be Extended To North, Says Government

Gas Project Can Be Extended To North, Says Government

If the city gas project in Ernakulam is successful, it could be extended to northern districts of Kerala, state government has informed the high court. The project aims at delivering cooking gas through piped connections.

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Why Gas Could Be The Future Of India’s Transport

Why Gas Could Be The Future Of India’s Transport

India’s push for cleaner fuels will not just trigger an electric car boom. It will also drive consumption of natural gas as the nation weans car owners away from polluting fuels like petrol and diesel, among the largest contributors to Asia’s third-largest economy’s import bill.

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Price Difference Spurs Petroleum Smuggling From Nepal To India

Price Difference Spurs Petroleum Smuggling From Nepal To India

Lower price of petroleum products in Nepal compared to the prices in India has become a headache for Nepal Oil Corporation in areas bordering India, as this has been promoting fuel smuggling from Nepal to India.

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From The Viewsroom: Step On The Gas

From The Viewsroom: Step On The Gas

ONGC is reported to have sought doubling of natural gas price to bring discoveries in the Krishna Godavari basin and Gulf of Kutch to production.

 

 

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GAIL Pipe-Laying Work On Amid Peaceful Protest

GAIL Pipe-Laying Work On Amid Peaceful Protest

The anti-GAIL agitation council is spreading the agitation to other parts of the project even as the GAIL is on with the pipe-laying work.

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OPEC Output Cut Through 2018 To Squeeze Govt's Fiscal Space

OPEC Output Cut Through 2018 To Squeeze Govt's Fiscal Space

Opec's decision to extend the production cut deal by a year will squeeze the Narendra Modi government's spending flexibility and continue to pinch fuel consumers.

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Not Just Households, ONGC Hit By Power Cuts Too

Not Just Households, ONGC Hit By Power Cuts Too

Oil and Natural Gas Corporation (ONGC) is facing a drop in crude oil production in its Mehsana, Ahmedabad and Assam units as frequent power cuts have hampered artificial lift operations.

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Did Bharti Airtel Violate Aadhaar Act? UIDAI Probing Telco Over LPG Subsidy Landing In Payments Bank Accounts

Did Bharti Airtel Violate Aadhaar Act? UIDAI Probing Telco Over LPG Subsidy Landing In Payments Bank Accounts

The Unique Identification Authority of India has said it has ordered an inquiry against Bharti Airtel for alleged violation of Aadhaar Act, according to a report in Times of India.

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Rosneft Deal: Essar To Pay 910 Cr To Retail Shareholders By Dec 10

Rosneft Deal: Essar To Pay 910 Cr To Retail Shareholders By Dec 10

After a two-year wait, the erstwhile minority shareholders of Essar Oil will see final payments on their shares by December 10.

 

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Indian Offshore Gas Production In Perspective

Indian Offshore Gas Production In Perspective

Indian offshore fields used to be the main source of the natural gas consumed in India’s rapidly growing, energy-hungry economy; now however, it is LNG imports.

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Not Just Households, ONGC Hit By Power Cuts Too

Not Just Households, ONGC Hit By Power Cuts Too

Oil and Natural Gas Corporation (ONGC) is facing a drop in crude oil production in its Mehsana, Ahmedabad and Assam units as frequent power cuts have hampered artificial lift operations.

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Today's Poor Need More Oil, Natural Gas And Coal

Today's Poor Need More Oil, Natural Gas And Coal

Simply put, the world has no problem greater than energy deprivation and poverty. They shorten human lives by decades.

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OPINION: OPEC, Russia Have Done Their Bit, Now It's The Turn Of U.S., China: Russell

OPINION: OPEC, Russia Have Done Their Bit, Now It's The Turn Of U.S., China: Russell

The Organization of the Petroleum Exporting Countries and its allies are taking a multi-layered bet that global oil dynamics will work in their favour by extending their crude oil production cuts until the end of 2018.

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Petronet LNG Ltd Plans To Foray Into Liquefaction Of Natural Gas In India

Petronet LNG Ltd Plans To Foray Into Liquefaction Of Natural Gas In India

Petronet LNG Ltd plans to foray into liquefaction of natural gas in India and has initiated talks with Focus Energy Ltd to set up a small liquefaction unit at the latter's fields in Rajasthan.

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City Gas Distribution Project: Kerala Government Against Kochi Corporation

City Gas Distribution Project: Kerala Government Against Kochi Corporation

The state government on Wednesday submitted before the Kerala High Court that it had noticed the slow pace of the Ernakulam City Gas Distribution project implementation due to the unconscionable demand of the Corporation.

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New Train To Chennai Has A Short Journey

New Train To Chennai Has A Short Journey

Just four days after the South Western Railway Zone created a special train for Chennai-bound passengers from Bengaluru, it has withdrawn it from service.

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India, Spain To Cooperate On Rapid Rail Project

India, Spain To Cooperate On Rapid Rail Project

India will get technical cooperation from Spain to design and execute Rapid Rail Transit System (RRTS)—a first-of-its-kind project in the country with a designated speed of 180 kmph.

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New Railway Train Ticket Booking Facility From Today: 10 Things To Know

New Railway Train Ticket Booking Facility From Today: 10 Things To Know

Indian Railways has extended the facility to pay for train tickets through UPI/BHIM to railway counters. The facility of payment through UPI/BHIM for booking of e-tickets online was already implemented on the IRCTC website.

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Responding To The China-Pakistan Economic Corridor Challenge

Responding To The China-Pakistan Economic Corridor Challenge

The China-Pakistan Economic Corridor (CPEC) has been attracting a lot of attention lately and for all the wrong reasons. Pakistan has reportedly rejected China’s offer of assistance for the $14 billion Diamer-Bhasha Dam, asking Beijing to take the project out of the $60 billion CPEC so that Pakistan can build the dam on its own.

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For Ongoing Projects, Railways GST-neutral, Will Bear Extra Tax Burden

For Ongoing Projects, Railways GST-neutral, Will Bear Extra Tax Burden

In the first such move by the central government, the Railways has decided to make all its ongoing projects “GST-neutral” by bearing the additional burden under the new tax regime to benefit its contractors.

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NITI Aayog CEO Amitabh Kant: US Not The Smart Model, Build Cities For People, Not Cars'

NITI Aayog CEO Amitabh Kant: US Not The Smart Model, Build Cities For People, Not Cars'

NITI Aayog CEO Amitabh Kant on Thursday said Smart cities in India should not be developed by taking US as an example.

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India, Spain Sign Urban Transport Pact

India, Spain Sign Urban Transport Pact

An Indo-Spanish technical cooperation agreement was signed between the National Capital Region Transport Corporation (NCRTC) and the Administrador de Infraestructuras Ferroviarias (ADIF), Spain.

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Private Sector Money Must For India's Infrastructure Needs: Crisil

Private Sector Money Must For India's Infrastructure Needs: Crisil

Days after the central government announced on October 24 that it would spend about 7 lakh crore to build more than 83,000 km of highways by 2022 in what is the biggest highway construction plan so far

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Monitor Projects Regularly To Meet Deadlines: MHA To J&K

Monitor Projects Regularly To Meet Deadlines: MHA To J&K

Union Home Secretary Rajiv Gauba today held high-level review of Prime Minister’s Development Package (PMDP), which had recently gone up to Rs 1 lakh crores approximately from original Rs 80,068 crores, with top officials of Jammu and Kashmir Government and was reported to have directed for expediting works in both Centre and State sectors amid rising concerns over cost escalations …

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Company Offers To Treat City Waste For Free

Company Offers To Treat City Waste For Free

Representatives of ICL Waste Tech Limited, a company dealing in solid waste management solutions in California, USA, and China, gave a detailed presentation to Punjab Governor and UT Administrator VP Singh Badnore on conversion of solid waste into usable fuel cell pallets having calorific value more than coal and refuse-derived fuel (RDF).

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