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September 24, 2018, Monday

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

Adani To Build, Operate Australian Coal Mine By Itself

Adani To Build, Operate Australian Coal Mine By Itself

The Adani Group said on Monday it had canceled plans with Downer EDI Ltd to help develop and run its Carmichael coal mine in Australia after failing to secure a cheap government loan for the A$16.5 billion ($13 billion) project.

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Toyota To Make Over 10 Battery EV Models In Early 2020s

Toyota To Make Over 10 Battery EV Models In Early 2020s

Toyota Motor Corpon Monday said it will market more than 10 all-electric vehicle (EV) models globally in the early 2020s, and that investment to develop their batteries is likely to exceed $13 billion (1.5 trillion yen) through 2030.

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NTPC's Capacities Dwindle After CEA Deletes Patratu's 325 MW

NTPC's Capacities Dwindle After CEA Deletes Patratu's 325 MW

State-run power giant NTPC revised its installed and commercial capacities downward to 51,383 MW and 50,583 MW respectively after the Central Electricity Authority (CEA) deleted its 325 MW capacity of Patratu plant.

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Adani Group Shares Pares Losses As BJP Takes Lead In Gujarat Assembly Poll Results

Adani Group Shares Pares Losses As BJP Takes Lead In Gujarat Assembly Poll Results

After opening on a low note, shares of the companies of the listed Adani Group climbed higher on the BSE Sensex on Monday.

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Tata Motors’ Jamshedpur Plant Bags National Energy Conservation Award, 2017

Tata Motors’ Jamshedpur Plant Bags National Energy Conservation Award, 2017

Tata Motors Limited was conferred with the National Energy Conservation Award 2017 for its Jamshedpur Plant. The Bureau of Energy Efficiency, Ministry of Power, Government of India, awarded Tata Motors’ Jamshedpur plant the First Prize in the Automotive (Manufacturing) Sector.

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Indian Solar Cells And Modules Manufacture 'Obsolete', Says MNRE

Indian Solar Cells And Modules Manufacture 'Obsolete', Says MNRE

At a time when the government of India is trying to decide on whether or not the Indian solar cells and modules manufacturers deserve protection by way of anti-dumping duty, the Ministry of New and Renewable Energy has said that the cell/module manufacturing capacity in the country is “obsolete”.

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Power Ministry May Ask Discoms Not To Wait For Regulator’s Nod

Power Ministry May Ask Discoms Not To Wait For Regulator’s Nod

Power ministry may ask distribution companies to accept the revised tariffs quoted by power plants to win coal contracts in auctions without waiting for the regulator's nod.

 

 

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Losses Of UP Power Sector Surged 1,000-fold In 16 Years

Losses Of UP Power Sector Surged 1,000-fold In 16 Years

Despite claims of crackdown on power theft, the financial losses of Uttar Pradesh's power distribution utilities rose by almost 1,000 times in the past 16 years — from Rs 77 crore in 2000-01 to around Rs 72,000 crore in 2016-17.

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Govt Initiates Process For Finding Full-Time Coal India CMD

Govt Initiates Process For Finding Full-Time Coal India CMD

The government has begun the hunt for a full-time chairman and managing director of the world's largest coal miner CIL and invited applications from professionals from PSUs as well as the private sector.

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EESL’s Reverse Auction For 5 Million Smart Meters Under A Cloud

EESL’s Reverse Auction For 5 Million Smart Meters Under A Cloud

State-owned Energy Efficiency Services Ltd’s (EESL) decision to conduct a reverse auction for procuring 5 million smart meters, after announcing that Larsen & Toubro Ltd (L&T) had emerged as the lowest bidder in the regular tender by bidding 40% below prevalent market prices, has raised eyebrows.

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Rural Electrification Corporation To Give 3,965.11 Cr To Polavaram Hydro Project

Rural Electrification Corporation To Give 3,965.11 Cr To Polavaram Hydro Project

Rural Electrification Corporation (REC) has sanctioned a loan assistance of Rs 3,965.11 crore to AP Power Generation Corporation Ltd (APGenco) towards Polavaram hydro-electric project (PFEP).

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Solar Power For 7000 Families

Solar Power For 7000 Families

The Assam Energy Development Agency (AEDA) under the state's science and technology department aims to provide solar energy to around 7,000 families.

 

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'Renewable Energy Mini Grids Can Offer Power Solution'

'Renewable Energy Mini Grids Can Offer Power Solution'

Mini grids powered by decentralised renewable energy can provide long term solution for the country's electrification requirements, says a report.

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Crude Oil Price Edges Up, Though 2018 Outlook Cites Ample Supplies

Crude Oil Price Edges Up, Though 2018 Outlook Cites Ample Supplies

Oil edged up on Monday, lifted by an ongoing North Sea pipeline outage and over signs that booming U.S. crude output growth may be slowing, although the outlook for oil markets cites ample supplies despite ongoing production cuts led by OPEC.

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China's NDRC Asks Energy Firms To Cut Gas To Industries By 15 Mln Cubic Metres

China's NDRC Asks Energy Firms To Cut Gas To Industries By 15 Mln Cubic Metres

China's state planner said on Monday it has asked the country's state energy majors, CNPC, Sinopec and CNOOC, to cut natural gas supplies to some industries, including chemical, methanol and fertiliser producers, by about 15 million cubic metres per day.

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Oil Minister Pradhan Lays Foundation Stone For Dhamra-Angul Gas Pipeline

Oil Minister Pradhan Lays Foundation Stone For Dhamra-Angul Gas Pipeline

Petroleum and Natural Gas Minister Dharmendra Pradhan laid the foundation stone for new Dhamra-Angul gas pipelineand Bhubaneshwar-Cuttack-Paradip natural gas spurline in Odisha.

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Nigerian Oil Union Begins Nationwide Strike Over Laying Off Of Workers

Nigerian Oil Union Begins Nationwide Strike Over Laying Off Of Workers

One of Nigeria's largest oil unions launched a nationwide strike on Monday over the laying off of its workers, its general secretary said.

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Indian Oil PSUs' Permanent Workforce Slumped 13 Per Cent In 15 Years

Indian Oil PSUs' Permanent Workforce Slumped 13 Per Cent In 15 Years

Permanent workforce employed by India’s state-run oil and gas companies has declined 13 per cent in the past 15 years through 2017 to 110,000, an analysis of oil ministry’s data on manpower strength of the sector’s Public Sector Undertakings (PSUs) shows.

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‘Rising Crude Prices To Hurt Economy’

‘Rising Crude Prices To Hurt Economy’

Rising prices of crude oil, higher local inflation and slim chances of lower interest rates threaten to rein in the economy even as the performance in 2017-18, so far, points to a muted recovery.

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Dealership Rules Hurt Expansion Plans Of Oil Companies

Dealership Rules Hurt Expansion Plans Of Oil Companies

Petrol pump expansion by state-owned oil marketing companies may grind to a halt in the next few months after the last of the dealerships built as part of an expansion that began in 2014 go on stream.

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Natural Gas Knocks On GST Door

Natural Gas Knocks On GST Door

The issue of including natural gas in the goods and services tax (GST) could be taken up at the next meeting of the GST Council because of the growing demand from the industry.

 

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ONGC Tears Into DGH Proposal To Sell Its Oil, Gas Fields

ONGC Tears Into DGH Proposal To Sell Its Oil, Gas Fields

State-owned ONGC has torn into regulator DGH's proposal for auctioning its discovered oil and gas fields, saying national oil companies can raise production if they are offered the same fiscal concessions as being extended to private companies.

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Led By Rosneft, Essar Oil Sees Retail Expansion, New Oil Supplies

Led By Rosneft, Essar Oil Sees Retail Expansion, New Oil Supplies

fter acquisition of Essar Oil in August, the Rosneft-led consortium has been taking quiet strides in expanding its retail network and utilising synergies for oil supply.

 

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Dharmendra Pradhan Lays Foundation Stones Of Two LNG Pipelines In Odisha

Dharmendra Pradhan Lays Foundation Stones Of Two LNG Pipelines In Odisha

Oil Minister Dharmendra Pradhan on Sunday laid the foundation stones for new LNG pipelines in Sukinda area of Odisha's Jajpur district, marking a giant leap in the spread of Pradhan Mantri Urja Ganga in the state.

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Oil Minister Pradhan Inaugurates Eastern India's First CNG Stations

Oil Minister Pradhan Inaugurates Eastern India's First CNG Stations

Oil Minister Dharmendra Pradhan inaugurated eastern India's first Compressed Natural Gas (CNG) stations for scooters here.

 

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Looking At Possibility Of Dynamic Pricing In Railways: Piyush Goyal

Looking At Possibility Of Dynamic Pricing In Railways: Piyush Goyal

Union Railway Minister Piyush Goyal, on Saturday, said discussions are taking place to assess the viability of dynamic ticket pricing similar to airlines.

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Jagraon Bridge Work To Begin Soon

Jagraon Bridge Work To Begin Soon

The much awaited reconstruction work of Jagraon Bridge is expected to take place shortly and the city will get rid of the traffic mess created due to closure of one side of the bridge.

 

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12,000 Crore Plan To Make Trains Safer

12,000 Crore Plan To Make Trains Safer

The Indian Railways has cleared a Rs. 12,000-crore proposal to equip electric locomotives with the latest European train protection system.

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Railway Experts 'Assessing' JSPL's Rail Producing Plant

Railway Experts 'Assessing' JSPL's Rail Producing Plant

A team of railway officials has visited Raigarh to aseess steel plant of JSPL, which is interested in national transporter's tender to procure seven lakh tonnes of rails worth about Rs 3,500 crore, industry sources said today.

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Railways May Shorten Recruitment Process From 2 Years To 6 Months

Railways May Shorten Recruitment Process From 2 Years To 6 Months

The nearly two-year-long recruitment process for railway jobs may soon be over in just six months, if things go according to plan.

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Railways Nod For Rs 12,000-Cr Upgrade Of Mishap-Orevention System

Railways Nod For Rs 12,000-Cr Upgrade Of Mishap-Orevention System

The Indian Railways has cleared a Rs 12,000-crore proposal to equip electric locomotives with the latest European train protection system.

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