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September 24, 2018, Monday

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

India’s Coal Use Will Continue To Rise: IEA

India’s Coal Use Will Continue To Rise: IEA

India’s coal use is set to continue to rise on improved power demand and lower capacity utilization of power plants, according to the International Energy Agency (IEA).

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Growth In Global Coal Demand Subdued Over Next Five Years - IEA

Growth In Global Coal Demand Subdued Over Next Five Years - IEA

Global coal demand will be subdued over the next five years, growing at just 0.5 percent a year, marginally higher than current levels, due to lower consumption in China, the International Energy Agency (IEA) said on Monday.

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Smart EV Charging Station At Scope Complex, New Delhi Powered By NTPC

Smart EV Charging Station At Scope Complex, New Delhi Powered By NTPC

A smart EV charger of Fortum India has been installed at SCOPE Complex, New Delhi. The charger will be powered by electricity from NTPC Ltd., the largest power generator of the country.

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British Coal Still Burning Abroad Despite Push For Global Ban

British Coal Still Burning Abroad Despite Push For Global Ban

Britain led calls for an end to coal-fired power generation at United Nations climate talks in Bonn last month but at the same time British companies are active in coal projects around the world, often with government help.

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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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Sterlite Power Bags $800 Million Transmission Project In Brazil

Sterlite Power Bags $800 Million Transmission Project In Brazil

Sterlite Power today said it has bagged a contract worth $800 million to construct 1800 km transmission project in Brazil.

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cheaper power

Power Sector To Be Stable Over 1.5 Years; Shift To Renewables

Rating agencies Moody's Investors Service and ICRA today said they have a stable outlook for the Indian power sector over the next 12-18 months and expects a change in its energy mix towards renewables.

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BHEL Wins EPC Contract For 1.32GW Udangudi Thermal Power Plant In India

BHEL Wins EPC Contract For 1.32GW Udangudi Thermal Power Plant In India

Bharat Heavy Electricals Limited (BHEL) has won an engineering, procurement, and construction (EPC) contract worth INR7,300crore ($1.1bn) for installing a 1.32GW Supercritical Thermal Power Project (TPP) in the South Indian state of Tamil Nadu.

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Tata Power Renewable Energy Ltd. Commissions 100 MW Solar Plant In Karnataka

Tata Power Renewable Energy Ltd. Commissions 100 MW Solar Plant In Karnataka

Tata Power Renewable Energy Ltd. (TPREL), India's largest renewable energy company and Tata Power's wholly-owned subsidiary, today announced that the Company has commissioned its 100 MW solar plant (50MW X 2) at Pavagada Solar Park in Karnataka.

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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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Oil’s Outlook Looks Positive, But No Crude Shock Likely In Medium Term

Oil’s Outlook Looks Positive, But No Crude Shock Likely In Medium Term

Oil prices witnessed big swings last week as the initial selloff reversed after the unexpected outage at the Forties pipeline.

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India’s Top Crude Oil Supplier Is No Longer Saudi Arabia, It Is Iran; Here’s Why

India’s Top Crude Oil Supplier Is No Longer Saudi Arabia, It Is Iran; Here’s Why

India’s top crude oil supplier is no longer Saudi Arabia, it is Iran. Saudi Arabia has traditionally has been India’s top oil source but in the April-October period of 2017-18, Iraq dethroned it due to its discounted price.

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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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Railways To Now Grant You New Discounts On Tickets To Fill Up Berths, Trains

Railways To Now Grant You New Discounts On Tickets To Fill Up Berths, Trains

You’ve seen the trend in the airline and the hotel industry. At last, the Indian Railways will adopt the flexi-fare scheme, according to Railway Minister Piyush Goyal, in The Economic Times.

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Central, Western Railways To Fill Vacancies With Retired Employees Until New Recruits Join

Central, Western Railways To Fill Vacancies With Retired Employees Until New Recruits Join

The Railways, in an unprecedented move, is likely to hire retired employees in the Mumbai division of both Central Railway and Western Railway by next year.

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CAG Reports On Ganga, Railway Bio-toilet Projects Likely In Parliament

CAG Reports On Ganga, Railway Bio-toilet Projects Likely In Parliament

Apex auditor CAG is likely to submit around 11-12 reports, including on railway bio-toilets, Ganga rejuvenation and Kudankulam nuke plant, in Parliament this session, according to official sources.

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Indian Railways Train Status: 12 Cancelled Due To Poor Visibility As Cold Wave Sweeps Delhi

Indian Railways Train Status: 12 Cancelled Due To Poor Visibility As Cold Wave Sweeps Delhi

As winter engulfs the capital, the train scheduled has been affected in most of North India bringing down the visibility to zero. 15 trains arriving late & 12 cancelled due to decreased visibility/ operational reasons.

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Dedicated Metro Between Mumbai Airports To Run At Thrice The Normal Speed

Dedicated Metro Between Mumbai Airports To Run At Thrice The Normal Speed

India’s first dedicated Metro corridor between two international airports — the 40-km Airport Metro proposed in the Mumbai Metropolitan Region — will have the trains running at thrice the speed of a normal suburban Metro service.

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Railway Officials Want Key Projects Completed

Railway Officials Want Key Projects Completed

Although Ambala division does not plan to send a fresh proposal for the railway budget, 2018-19, officials hope pending projects announced over the last four years for the Chandigarh railway station are speeded up.

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Will Railway Bell Found At Elphinstone Road Station Make It To Heritage Gallery?

Will Railway Bell Found At Elphinstone Road Station Make It To Heritage Gallery?

The recovery of a railway bell from a cabin at the north end of the Elphinstone Road station took railway officials back to the time when these bells were the only way to alert passengers about the arrival and departure of trains.

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