​GOOD AFTERNOON INDIA!

September 26, 2018, Wednesday

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

Petitions Against Wind Auctions By States May Be Withdrawn

Petitions Against Wind Auctions By States May Be Withdrawn

Wind energy project developers opposed to bids called by State governments may withdraw their petitions against the auctions.

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For Green Power, Cabinet Approves Goa Solar Policy

For Green Power, Cabinet Approves Goa Solar Policy

The state cabinet on Wednesday granted its approval to the implementation of the Goa State Solar Policy, 2017, to facilitate generation of solar power in the state.

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International Solar Alliance Seeks Cheap Energy Via Global Bids

International Solar Alliance Seeks Cheap Energy Via Global Bids

The International Solar Alliance, championed by India and France, came into effect Wednesday, aiming to promote affordable sun-powered electricity to its members through global tenders and cheap financing.

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Strategies To Motivate Energy Conservation In Urban India

Strategies To Motivate Energy Conservation In Urban India

Last month, breathing the air in Delhi was the equivalent of smoking 50 cigarettes in a day. The toxic air — which reached five times what the U.S. Environmental Protection Agency’s Air Quality Index considers unhealthy — was largely due to old farming techniques and modern, high-energy urban lifestyles, Vox reported.

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Indian Solar Tariffs Overdue A Major Correction

Indian Solar Tariffs Overdue A Major Correction

Indian solar tariffs are overdue a major correction and many smaller players are likely to drop out of the sector over the next few years, according to panellists at Intersolar India 2017 in Mumbai.

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UDAY: Going To Get Tough For Discoms, Centre May Not Allow Losses Over 15 Pct To Be Passed On To Consumers

UDAY: Going To Get Tough For Discoms, Centre May Not Allow Losses Over 15 Pct To Be Passed On To Consumers

To ensure stricter UDAY-target compliance by discoms, the government will mandate via a new law that their losses due to pilferage/theft exceeding 15 percent can’t be considered for tariff determination.

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1,600-MW Margherita Power Plant Yet To Get Coal Linkage

1,600-MW Margherita Power Plant Yet To Get Coal Linkage

A coterie in New Delhi has been allegedly preventing coal-linkage to the proposed 1,600-MW Margherita coal-based power project, said sources in the Power Department here.

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Government To Spark Up Electrification Schemes

Government To Spark Up Electrification Schemes

The massive target of electrification with round-the-clock power supply has come as a huge challenge for the Centre as it has only little more than a year left for its implementation.

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Damodar Valley Corp Scraps Plan To Sell Plant To NLC India Joint Venture

Damodar Valley Corp Scraps Plan To Sell Plant To NLC India Joint Venture

A bitter political spat involving the Centre and the states of West Bengal and Jharkhand has forced power utility Damodar Valley Corp. (DVC) to abandon its plan to sell a 1,200-megawatt (mw) plant to a proposed joint venture with NLC India Ltd (formerly Neyveli Lignite Corp.), putting at risk Rs21,000 crore of long-term loans that it is struggling to repay.

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Nearly 4,000 Jobs In Punjab Power Sector Soon: Govt

Nearly 4,000 Jobs In Punjab Power Sector Soon: Govt

The Punjab government on Wednesday made it clear that nearly 4,000 jobs will be created under Punjab State Power Corporation Limited (PSPCL) and Punjab State Transmission Corporation Limited (PSTCL) soon.

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Court To Pronounce Verdict In Coal Case Against Koda On Dec 13

Court To Pronounce Verdict In Coal Case Against Koda On Dec 13

A special court will pronounce on December 13 its verdict in a coal scam case against former Jharkhand Chief Minister Madhu Koda, former Coal Secretary H C Gupta and others.

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Electricity Reforms Get A Leg-Up In Uttar Pradesh, Follow-Up Actions Key

Electricity Reforms Get A Leg-Up In Uttar Pradesh, Follow-Up Actions Key

The power sector regulator in Uttar Pradesh, the Uttar Pradesh Electricity Regulatory Commission, has approved several steps that can not just strengthen the financial position of state utilities but also increase opportunities for companies in the transmission and distribution (T&D) EPC business. EPC is engineering, procurement and construction.

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Did Ex-PM Manmohan Singh Forgo Duties As Coal Minister? Deputy Approved Coal Block Allocation, Says Probe Report

Did Ex-PM Manmohan Singh Forgo Duties As Coal Minister? Deputy Approved Coal Block Allocation, Says Probe Report

Former Prime Minister Manmohan Singh was so keen to be kept at arm's length from anything unsavoury either in the 2G or the coal block allocation scam, that he chose to depute his job as coal minister to his deputy TKA Nair. These are some of the many shocking facts that have been highlighted in the ML Sharma Committee report submitted to the Supreme Court earlier this year. India Today has accessed details of the report.

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Adani, Essar And Tata Caught In The Political Crossfire

Adani, Essar And Tata Caught In The Political Crossfire

The Congress recently 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. The Opposition claimed that the ruling party had purchased electricity from these four companies at "unimaginably high rates" in a "huge power purchase scam".

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Lanco Infratech Seeks To Sell Four Wind, Solar Power Assets

Lanco Infratech Seeks To Sell Four Wind, Solar Power Assets

Lanco Infratech Ltd, which is undergoing insolvency proceedings, is planning to sell 73 megawatt (MW) of four renewables assets and sought bids from interested buyers.

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India Emerging As Major Driving Force In Global Energy Trends: IEA Official

India Emerging As Major Driving Force In Global Energy Trends: IEA Official

India is emerging as a “major driving force” in global energy trends, with all modern fuels and technologies playing a part, a senior official of the International Energy Agency (IEA) today said.

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GO Issued On Polavaram Hydro Power Plant

GO Issued On Polavaram Hydro Power Plant

Following up on the resolution passed in the December 1 Cabinet meeting, the government on Wednesday issued an order allowing the AP-Genco to take up the execution of the 12 X 80 MW Polavaram hydro electric project subject to certain conditions. The project is to be awarded as per the AP-Genco Board’s recommendation.

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Samajwadi Party To Protest Power Tariff Hike By Yogi

Samajwadi Party To Protest Power Tariff Hike By Yogi

Samajwadi Party national president and former chief minister Akhilesh Yadav on Monday directed district chiefs of his party to stage protests at collectorates across Uttar Pradesh on Thursday to protest the hike in power tariff by the government of Yogi Adityanath.

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Thermal Coal Slides 9%, Traffic Yet To Recover At Major Ports

Thermal Coal Slides 9%, Traffic Yet To Recover At Major Ports

Coal traffic shipments, especially thermal coal, are yet to pick up at major ports. The signs of recovery in coal volumes, which were supposed to begin from the second half of this financial year, are still not in sight.

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State-owned OMCs' Fortunes Take A Turn

State-owned OMCs' Fortunes Take A Turn

In the September quarter, oil marketing companies (OMCs) had benefited from the spike in gross refining margins (GRMs), as well as marketing margins, and inventory gains.

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Dharmendra Pradhan Meets J&K Farmers, Assures Them 100% Reach Of PM Ujjwala Yojana

Dharmendra Pradhan Meets J&K Farmers, Assures Them 100% Reach Of PM Ujjwala Yojana

Union Minister for Petroleum and Natural Gas Dharmendra Pradhan interacted with Jammu and Kashmir farmers in New Delhi on Wednesday.

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Cairn To Turn Key Rajasthan Block Into A Gusher

Cairn To Turn Key Rajasthan Block Into A Gusher

Cairn India Oil & Gas, a vertical of Vedanta Resources Ltd, India's largest private upstream oil & gas (O&G) operator, is seeking to ramp up its production at Mangala, Bhagyam and Aishwariya (MBA) block in Rajasthan after a successful pilot project increased the output manifold.

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India’s Largest Refiner Looks To Ditch Oil In Favor Of Renewables

India’s Largest Refiner Looks To Ditch Oil In Favor Of Renewables

Indian Oil, its namesake country’s largest refiner, is preparing to diversify into green energy as New Delhi expands its plans to abandon fossil fuels in the coming years, according to emerging reports.

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Dharmendra Pradhan Meets J&K Farmers

Dharmendra Pradhan Meets J&K Farmers

Union Minister for Petroleum and Natural Gas Dharmendra Pradhan interacted with Jammu and Kashmir farmers in New Delhi on Wednesday.

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Larsen & Toubro Wins Rs 1,600 Cr Order From HPCL

Larsen & Toubro Wins Rs 1,600 Cr Order From HPCL

Construction major Larsen & Toubro said its hydrocarbon subsidiary won an order worth over Rs 1,600 cr from Hindustan Petroleum Corporation Ltd for its Visakhapatnam Refinery.

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GAIL Plans To Spend Rs 6,000 Crore By FY19 End

GAIL Plans To Spend Rs 6,000 Crore By FY19 End

State-owned gas utility GAIL India plans a capital expenditure of Rs 6,000 crore by the end of the financial year 2018-19.

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GAIL Capex May Grow By 55% Next Fiscal

GAIL Capex May Grow By 55% Next Fiscal

GAIL (India) Ltd’s capital expenditure is expected to grow by over 55 per cent in the next financial year. Speaking to reporters at the sidelines of an event to announce the Oil and Gas HSE (Health and Safety Executive) Conclave 2018, Ashutosh Karnatak, Director (Projects), GAIL (India), said: “Next year, capex is ₹6,000 crore for pipelines in the financial year 2018-2019.

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No Gas! Inclusion In GST To Light Up Producer, Distributor Stocks

No Gas! Inclusion In GST To Light Up Producer, Distributor Stocks

ET Intelligence Group: The likelihood of including natural gas under the Goods and Services Tax (GST) gamut augurs well for the gas producing and distributing companies since it will result in lower prices of the fuel thereby making it more competitive with respect to other fuels. Dharmendra Pradhan, Minister of Petroleum and Natural Gas (MoPNG), recently made a strong case for the inclusion of natural gas in the GST regime stating that it is a cleaner fuel than coal, which is already under GST.

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Indian Oil Prepares For Shift To A Less Carbon-Intensive Future

Indian Oil Prepares For Shift To A Less Carbon-Intensive Future

The country’s largest refiner Indian Oil Corp. Ltd is making a strategic shift to a less carbon-intensive future by getting into clean energy and related infrastructure, while keeping refinery expansion plans flexible for course correction, said chairman Sanjiv Singh in an interview.

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Soon, You Will Be Rewarded For Cashless Booking Of Railway Tickets

Soon, You Will Be Rewarded For Cashless Booking Of Railway Tickets

Indian Railways will soon offer incentives to passengers who use cashless mediums to pay for their tickets. The national transporter already offers a 0.5% discount on purchase of monthly travel pass if the payment is made through debit and credit cards.

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Prime Minister's Office Help Sought For Mumbai Metro Execution Roadblocks

Prime Minister's Office Help Sought For Mumbai Metro Execution Roadblocks

The Mumbai Metropolitan Region Development Authority (MMRDA) executing several Metro projects in the city has sought help from Prime Minister's office (PMO) for tackling several issues involving land acquisition and getting clearances from several state and central government agencies for construction of Metro corridors in the city.

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Railways Announces Special Trains

Railways Announces Special Trains

Southern Railway has announced special trains to clear the extra rush of passengers. According to a statement, train no. 06074 Nagercoil - Tambaram special fare special will leave Nagercoil at 5pm on December 9 and reach Tambaram at 5.25am the next day.

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Train Ticket Cancellation, Refund Rules For Ac, Sleeper Class Confirmed, Waiting, Rac Tickets

Train Ticket Cancellation, Refund Rules For Ac, Sleeper Class Confirmed, Waiting, Rac Tickets

Indian Railways carries over 2 crore passengers per day. Advance train ticket reservation can be made generally up to 120 days in advance for all classes of travel.

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China-Nepal Railway May Trigger Indian Response

China-Nepal Railway May Trigger Indian Response

The team of 23 was led by Zheng Jian, deputy director of National Railway Administration of China, who met with the Nepali Ministry of Physical Infrastructure and Transport on November 10, after completing field trips to Gyirong, Pokhara and Lumbini.

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Ambala DRM Checks City Railway Station Facilities

Ambala DRM Checks City Railway Station Facilities

After inspecting the Chandigarh Railway Station for six hours on Wednesday, Ambala divisional railway manager (DRM) Dinesh Sharma on Wednesday questioned the authorities concerned for not monitoring and maintaining the facilities on a daily basis.

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NFR Sets LED Lights Target

NFR Sets LED Lights Target

The Northeast Frontier Railway (NFR) has set its target to replace the conventional lights in all its 534 stations with LED lights within March.

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Need For Stronger India-Russia Ties Amid Changing Global Reality

Need For Stronger India-Russia Ties Amid Changing Global Reality

Foreign relations experts and analysts attending the Heads of the Indo-Russian Think Tanks meeting in New Delhi unanimously agreed that the scope of ties between India and Russia should be explored in areas beyond the traditional engagements of defense and energy.

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Experts Mull Over Transport Sector Adopting Green Technology

Experts Mull Over Transport Sector Adopting Green Technology

At times when national Capital is reeling under high level of pollutants in its air with its ill-effects explicitly evident on human health and environment, a seminar on "Greening the Indian Transport Sector" and electrical vehicles and green shipping was organised at Norwegian Embassy in New Delhi on Wednesday.

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IRFC Launches First US$500 Million Green Bond On Behalf Of Indian Railways

IRFC Launches First US$500 Million Green Bond On Behalf Of Indian Railways

Indian Railways Finance Corporation has issued its inaugural green bond on behalf of Indian Railways — the world’s fourth largest rail network.

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Indian Railway Finance Corp Raises USD 500 Mn With 10-year Green Bond

Indian Railway Finance Corp Raises USD 500 Mn With 10-year Green Bond

Indian Railway Finance Corporation Limited (IRFC) has successfully raised USD 500 million which is a 10-year green bond from investors in Asia, Europe and Middle-East and offshore US.

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Strategies To Motivate Energy Conservation In Urban India

Strategies To Motivate Energy Conservation In Urban India

Last month, breathing the air in Delhi was the equivalent of smoking 50 cigarettes in a day. The toxic air — which reached five times what the U.S. Environmental Protection Agency’s Air Quality Index considers unhealthy — was largely due to old farming techniques and modern, high-energy urban lifestyles, Vox reported.

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