​GOOD MORNING INDIA!

September 26, 2018, Wednesday

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

IN THE DAY

Mukesh Ambani Lists Three Key Factors Which Will Help India To Overtake US And China

Mukesh Ambani Lists Three Key Factors Which Will Help India To Overtake US And China

Mukesh Ambani prophesied on Friday that India will overtake US and China, buoyed by the fourth industrial revolution. “Today, I wish to make a prediction.

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Anil Ambani Group To File Rs 5,000 Crore Defamation Suit Against Abhishek Singhvi

Anil Ambani Group To File Rs 5,000 Crore Defamation Suit Against Abhishek Singhvi

The Anil Ambani-led Reliance group today said it will file a Rs 5,000-crore defamation suit against Congress spokesperson Abhishek Singhvi for making "false and defamatory statements".

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MUST READ

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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India Will Be A $5 Trillion Economy By 2024, Says Mukesh Ambani

India will be a $5 trillion economy by 2024 and size will grow to $10 trillion by 2030, said RIL Chairman Mukesh Ambani on Friday.

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Mineral Auction Rules Relaxed; Government Expects Rs 75,000cr From 34 Mine Auction In Fy18

Mineral Auction Rules Relaxed; Government Expects Rs 75,000cr From 34 Mine Auction In Fy18

The government has relaxed mineral auction rules and expects to mop up additional revenue of Rs 75,000 crore through auction of 34 mineral blocks this financial year.

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Exempt Power Duty To Boost Investments: ASSOCHAM To Odisha

Industry body ASSOCHAM has requested Odisha government to exempt electricity duty for ferro alloy plants to encourage investment for setting up of metallurgical plants across the mineral-rich state.

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Clarify Stand On Thermal Plants Air Pollution: NGT To CPCB

Clarify Stand On Thermal Plants Air Pollution: NGT To CPCB

The National Green Tribunal today directed the Central Pollution Control Board (CPCB) to clarify its stand on coal-based thermal power plants which were causing emission beyond permissible limits resulting in air pollution.

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Bangladesh PM Opens Main Construction Of Rooppur Nuclear Power Plant

Bangladesh PM Opens Main Construction Of Rooppur Nuclear Power Plant

The pouring of the first nuclear safety-related concrete for the power plant made Bangladesh the third ‘newcomer’ country to start constructing its first nuclear power reactor in three decades – following the United Arab Emirates in 2012 and Belarus in 2013.

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As India Goes Big On Renewables, Bright Minds Are Looking To Develop Innovative Tech

As India Goes Big On Renewables, Bright Minds Are Looking To Develop Innovative Tech

India has big plans when it comes to renewable energy. The government has set itself ambitious targets, including commissioning 175 gigawatts of renewable energy by the year 2022.

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Solar Energy Has Become So Cheap, Maintaining Existing Coal Plants Is More Expensive

Solar Energy Has Become So Cheap, Maintaining Existing Coal Plants Is More Expensive

The general trend in the global energy industry is going the way of renewables. This has resulted in sources like Solar Power becoming increasingly affordable while fossil fuel becomes more expensive.

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Crude Oil Prices To Be Under Pressure In First Half Of 2018: S&P

Crude Oil Prices To Be Under Pressure In First Half Of 2018: S&P

Oil prices are expected to come under some pressure in the first half of 2018.

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India Saved $15 Billion On Energy Subsidies In Past Two Years: Report

India Saved $15 Billion On Energy Subsidies In Past Two Years: Report

India has saved over $15 billion on energy subsidies in the past two years, on the back of reforms to curb wasteful consumption in oil and gas subsidies along with the decrease in global oil prices, said a report by the International Institute of Sustainable Development (IISD).

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India's Crude Oil Production Flat In October, Import Bill Rises 27 Per Cent

India's Crude Oil Production Flat In October, Import Bill Rises 27 Per Cent

India’s crude oil production in October remained flat at 3,038 Thousand Metric Tonne (TMT) as compared to the corresponding month a year ago while natural gas output grew 1.95 per cent to 2,755 Million Standard Cubic Meter (MMSCM) in the same month.

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Crude Price In $50-70 Range Is Good For India And The World: Anish De, Partner, KPMG India

Crude Price In $50-70 Range Is Good For India And The World: Anish De, Partner, KPMG India

The global energy sector is undergoing major transformation with adoption of new-age fuels and technologies, and the shift is now fast catching pace in the country's energy sector as well.

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India Biggest Importer Of US Oil Refinery Byproduct

India Biggest Importer Of US Oil Refinery Byproduct

U.S. oil refineries that are unable to sell a dirty fuel waste product at home are exporting vast quantities of it to India instead.

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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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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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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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Truckers Decide To Go Off Roads From December 15 Midnight

Truckers Decide To Go Off Roads From December 15 Midnight

Truckers in Odisha today threatened to go on an indefinite strike from December 15 midnight to protest against the ‘green tax’ levied on them by the Odisha government.

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CIL, Railways Load Record 257 Freight Rakes On Power Plants' Demand

CIL, Railways Load Record 257 Freight Rakes On Power Plants' Demand

The Railways and Coal India Ltd have surpassed their own record by loading 257 freight rakes of coal to meet the demand of power plants.

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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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