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September 24, 2018, Monday

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

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All Railway Stations To Be 100 Pc Led Lit By April 2018: Railways

In an eco-friendly measure to cut power consumption, the Indian Railways today said it planned to make all stations cent per cent LED lit by March 31, 2018.

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Ola To Acquire Foodpanda’s India Unit, Pump In $200 Million

Ola To Acquire Foodpanda’s India Unit, Pump In $200 Million

Cab hailing app Ola today said it will acquire Foodpanda’s India business from Germany-based Delivery Hero Group in exchange of its stock.

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Oil Rises Towards $64 On UK Pipeline Outage, U.S. Supply Weighs

Oil Rises Towards $64 On UK Pipeline Outage, U.S. Supply Weighs

Oil edged up towards $64 a barrel on Tuesday, supported by the Forties pipeline outage in the North Sea, OPEC-led supply cuts and expectations that U.S. crude inventories fell for a fifth week.

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Solar Energy Corporation Of India Invites Expression Of Interest For 20 Gw Solar PV Unit

Solar Energy Corporation Of India Invites Expression Of Interest For 20 Gw Solar PV Unit

Taking a step ahead in domestic manufacturing of solar equipment, the government has floated a document to gauge the market's interest in setting up 20 GW solar PV manufacturing facility in India in a span of three years.

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Coal Demand To Grow 4% A Year Till 2022

Coal Demand To Grow 4% A Year Till 2022

India's coal demand is expected to grow at about 4% a year up to 2022 as thermal power plants generate more to meet strong demand, analysts say.

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Government To Give Incentives To Boost Electric Vehicles

Government To Give Incentives To Boost Electric Vehicles

The government would support manufacturing and selling of electric vehicles (EVs) by giving incentives such as lower road taxes so that the automobile sector continues to play a major role in India's GDP and job creation, Niti Aayog CEO Amitabh Kant said today.

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NCLT Reserves Order On Appointing New IRP For Bhushan Energy

NCLT Reserves Order On Appointing New IRP For Bhushan Energy

The National Company Law Tribunal (NCLT) on Tuesday reserved its order on appointing a new insolvency resolution professional (IRP) for Bhushan Energy Ltd. State Bank of India (SBI) has initiated insolvency proceedings against the company.

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Yes Bank-EIB Invest $400 Million In Wind And Solar Projects

Yes Bank-EIB Invest $400 Million In Wind And Solar Projects

Indian private sector lender Yes Bank is betting big on clean energy sector in India, as it has jointly invested $400 million with European Investment Bank (EIB), a long-term lending institution of the European Union, in new solar and wind projects in the country.

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Examine Safety Of Two Kudankulam Nuclear Plants, Shift Out New Units: M.K. Stalin

Examine Safety Of Two Kudankulam Nuclear Plants, Shift Out New Units: M.K. Stalin

Citing the frequent shutdowns of the two nuclear power units at Tamil Nadu's Kudankulam, DMK leader M.K. Stalin has urged the Central government to examine their safety and also shift the upcoming units from the state.

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Kalindi Kunj: Delhi Metro Train Rams Into Wall During Trial Run

Kalindi Kunj: Delhi Metro Train Rams Into Wall During Trial Run

A Delhi metro train crashed into a wall on Tuesday at Kalindi Kunj depot when it rolled back on a ramp while being taken for washing, six days before its commissioning with the scheduled launch of the magenta line by Prime Minister Narendra Modi.

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India's Energy Saving Champion Delays IPO To Next Fiscal Year

India's Energy Saving Champion Delays IPO To Next Fiscal Year

India’s state-backed Energy Efficiency Services Ltd. is delaying its initial share sale on expectations that an increase in its revenue will make the offering more attractive to investors.

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Global Players Dominate Brazil $2.6 Billion Power Line Auction

Global Players Dominate Brazil $2.6 Billion Power Line Auction

Foreign energy companies dominated a power-line auction in Brazil as the country seeks to expand its infrastructure to support new power plants.

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JSW Techno Projects Management To Acquire 49% Shares BRPL In Odisha

JSW Techno Projects Management To Acquire 49% Shares BRPL In Odisha

JSW Techno Projects Management, a promoter-owned company of the JSW Group, will acquire a 49% stake in Odisha-based iron ore pellet manufacturer Brahmani River Pellets (BRPL), a move that coincides with its efforts to expand its footprint to the eastern part of India by acquiring stressed steel-making assets.

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Suzlon Bags 252 MW Contract In Gujarat

Suzlon Bags 252 MW Contract In Gujarat

Wind turbine maker Suzlon has bagged a 252 MW contract from a global firm as a part of Solar Energy Corporation of India (SECI) II bid in Gujarat.

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India’s SECI Invites Expression Of Interest For 10GW Of Floating Solar

India’s SECI Invites Expression Of Interest For 10GW Of Floating Solar

Solar Energy Corporation of India (SECI) has issued an expression of interest (EOI) for the development of 10GW of floating solar across India.

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Here’s Why Adani Cancelled $2.6 Billion Contract With Australian Mining Giant Downer

Here’s Why Adani Cancelled $2.6 Billion Contract With Australian Mining Giant Downer

India’s infrastructure major Adani Group had announced yesterday that it has cancelled a $2.6 billion dollar contract with Australian mining services company Downer, just days after the Queensland government vetoed a concessional loan to the company for Carmichael coal mine.

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YES Bank, EIB In Pact To Lend $400 M For Renewable Energy Projects Over 15 Years

YES Bank, EIB In Pact To Lend $400 M For Renewable Energy Projects Over 15 Years

YES Bank and European Investment Bank, a long-term lending institution of the European Union, have joined hands for a USD 400 million fund for renewable energy projects in India over 15 years.

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Suzlon Energy Rises 2% On 252 MW Wind Power Projects Win

Suzlon Energy Rises 2% On 252 MW Wind Power Projects Win

Shares of Suzlon Energy advanced 2.5 percent intraday Tuesday as it has received 252 MW wind power projects from leading Global Utility.

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204 Hydroelectric Power Stations Functional: Govt

204 Hydroelectric Power Stations Functional: Govt

A total of 204 hydroelectric power stations are presently functional in the country, Rajya Sabha was informed today.

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To Fuel Mauritius, Stay Lifted On Exports From ONGC Refinery

To Fuel Mauritius, Stay Lifted On Exports From ONGC Refinery

The Karnataka High Court last week allowed a ship loaded with petroleum products to set sail, averting an energy crisis in Mauritius.

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Essar Shipping Is Planning To Achieve This Big Capacity By 2020

Essar Shipping Is Planning To Achieve This Big Capacity By 2020

Essar Shipping, the only listed company of the Ruias-held Essar Group, is in expansion mode. It has recently increased its cargo carrying capacity to 18 million tonnes per annum (mtpa) and is all set to further ramp it up to 25 mtpa by 2020, even as it is looking to grow its third-party business.

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Sell Majority Stake In PSUs To Cut Import Bill: Vedanta To Government

Sell Majority Stake In PSUs To Cut Import Bill: Vedanta To Government

Mining mogul Anil Agarwal-led Vedanta Ltd has made a strong case for the government to sell its majority stake in PSUs such as ONGC and Coal India or transfer their assets to private firms to cut the import bill by at least 25 per cent.

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Govt Working To Include Petroleum Products Under GST, Says Finance Minister Arun Jaitley

Govt Working To Include Petroleum Products Under GST, Says Finance Minister Arun Jaitley

Speaking in the Rajya Sabha on Tuesday Finance Minister Arun Jaitley said the government wants to bring petroleum and petroleum products under the ambit of GST and is awaiting the states’ response on the same.

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India’s GAIL Renegotiating LNG Deals With U.S. Companies- Minister

India’s GAIL Renegotiating LNG Deals With U.S. Companies- Minister

Indian gas firm GAIL (India) Ltd is renegotiating its liquefied natural gas purchase deals with U.S.-based Cheniere Energy and Dominion Cove Point, Oil Minister Dharmendra Pradhan told lawmakers on Monday.

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When 12-Year-Old Bhim Averted A Major Rail Accident In Bihar

When 12-Year-Old Bhim Averted A Major Rail Accident In Bihar

A major rail accident was averted in Bihar’s Bagaha when a 12-year-old boy spotted damaged track and alerted rail authorities just before a train was to pass.

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LIVE Delhi Metro Accident: Driverless Magenta Line Train Runs Into Wall During Trial Run; Watch Video

LIVE Delhi Metro Accident: Driverless Magenta Line Train Runs Into Wall During Trial Run; Watch Video

Ahead of Prime Minister Narendra Modi’s visit on 25th December to inaugurate the Delhi Metro’s new Magenta Line, a train running on the same line has reportedly met with an accident.

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Train Services Disrupted By Blockade In Assam

Train Services Disrupted By Blockade In Assam

An Adivasi organisation today put up a 7-hour rail blockade at Kokrajhar station in Assam affecting train services between the North Eastern region and the rest of the country.

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Almost 2 Lakh Complaints Of Choking, Foul Smelling Bio-toilets In Trains: CAG

Almost 2 Lakh Complaints Of Choking, Foul Smelling Bio-toilets In Trains: CAG

Almost two lakh complaints regarding choking, foul smelling and non-functional bio- toilets in trains were received from the public in 2016-2017, a report of the Comptroller and Auditor General of India (CAG) said today.

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Train Derailments Not Just An India-Specific Problem

Train Derailments Not Just An India-Specific Problem

The Amtrak train derailment in the United States has highlighted the fact that train derailment is not an India-specific problem and that all over the world, railway systems suffer accidents, according to safety experts who have commented on the train disaster.

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Ambala Cantonment’s Railway Station Soon To Get 115 HD CCTV

Ambala Cantonment’s Railway Station Soon To Get 115 HD CCTV

Considered to be one of the busiest railway stations in the region, with a footfall of over 25 thousand people, the security at the Ambala Cantonment's railway station would soon be beefed up with as many as 115 High Definition CCTV Cameras.

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From Hyperloop To HS2: Big Rail Projects To Look Out For In 2018

From Hyperloop To HS2: Big Rail Projects To Look Out For In 2018

From HS2 and Cross rail in the UK, to a new bullet train in India and fresh hopes for Hyperloop in the US, 2018 is set to be another intriguing year in the rail industry.

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IT Corridor Rail Line Going Electric Soon

IT Corridor Rail Line Going Electric Soon

The Baiyappanahalli-Hosur railway line, which passes through major software and technology firms, is also the most neglected and under-developed line in the suburban rail map of Bengaluru.

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‘North-South Corridor Of Lucknow Metro To Be Ready By April’

‘North-South Corridor Of Lucknow Metro To Be Ready By April’

The Uttar Pradesh government is hoping to make the north-south corridor of the Lucknow Metro operational by April next year, amid allegations of delay in the operations.

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Train Schedules Suffer As Fog Over Northern India Affects Visibility

Train Schedules Suffer As Fog Over Northern India Affects Visibility

Cold wave conditions in most parts of northern India continue to play havoc with railway schedule, with several trains running late or being cancelled.

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European Parliament Praises India For Its Contribution To Rebuild Afghanistan

European Parliament Praises India For Its Contribution To Rebuild Afghanistan

The European Parliament in a resolution on the situation in c has praised India for the use of `soft power' in rebuilding that war-ravaged nation since the Taliban government was ousted in 2001.

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Transport Ministry To Seek Rs 5,000 Crore For Electric Bus Fleets, Bus Ports

Transport Ministry To Seek Rs 5,000 Crore For Electric Bus Fleets, Bus Ports

The road transport and highways ministry will seek separate budgetary allocation of Rs 5,000 crore for introducing government-owned electric bus fleets and building world-class bus ports across the country, Union minister Nitin Gadkari has said.

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