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June 22, 2018, Friday

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

MUST READ

Crude Oil Casts Shadow On Retail Inflation; RBI To Extend Pause On Rate Cut

Crude Oil Casts Shadow On Retail Inflation; RBI To Extend Pause On Rate Cut

Firming crude oil prices in the global market is likely to cast its shadow on retail inflation, which has begun to move northwards after hitting a low of 1.46 per cent in June, and may prompt the RBI to hold interest rates at least for some time in 2018.

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India's First AC Local Train Flagged Off In Mumbai Today, Commuters Elated

India's First AC Local Train Flagged Off In Mumbai Today, Commuters Elated

In a Christmas gift to Mumbaikars, the country's first air-conditioned (AC) suburban train commenced its services on Monday, thus realising the long-awaited dream of lakhs of commuters.

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NHPC To Invest Rs 1,000 Cr For 200 Mw Solar Project In Odisha

NHPC To Invest Rs 1,000 Cr For 200 Mw Solar Project In Odisha

Hydropower generation company NHPC Ltd has proposed to set up a solar project in Odisha with capacity in the range of 100-200 Mw.

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Coal India Ups Production; Stocks In Power Plants To Ease By January

Coal India Ups Production; Stocks In Power Plants To Ease By January

Availability of coal stocks with the country's thermal power plants is expected to normalise to a large extent by mid-January as state-owned Coal India Ltd (CIL) has been able to step up production and debottleneck its supply network to a large extent after freeing up the railway rakes.

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BHEL Aims

BHEL Bags Rs 672-cr Order For 25 Kv AC Mainline EMU Trains

Public sector firm Bharat Heavy Electricals Lts today said it has secured a contract for 146 sets of IGBT-based 3 phase electrics for 25 KV AC Mainline EMU (MEMU) trains.

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India To Auction 100GW Of Green Energy Contracts By March 2020

India To Auction 100GW Of Green Energy Contracts By March 2020

The ministry of new and renewable energy (MNRE) on Friday announced a clean energy rollout trajectory that will require awarding a mammoth 100 gigawatts (GW) of solar and wind contracts by March 2020.

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Plan For All-Electric Cars By 2030 Not Viable, Says Mercedes Chief

Plan For All-Electric Cars By 2030 Not Viable, Says Mercedes Chief

Luxury carmaker Mercedes-Benz has urged the government "not to rush with the all-electric vehicles push" and thus "foreclose better technological options" for future generations as the rest of the world is racing to run on hydrogen and not electricity.

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Solar Tariffs Rise Slightly In Rajasthan Auction

Solar Tariffs Rise Slightly In Rajasthan Auction

After a steep fall for over two years, solar tariffs rose marginally at the latest auction conducted by the Solar Energy Corporation of India (SECI).

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Power Plants Rebound As Coal Supplies Steady

Power Plants Rebound As Coal Supplies Steady

Indian power plants now have average coal inventory of about nine days, comfortably breaching the critical stock threshold that forced several generating companies to recently shut down units amid a crisis in supplies of the primary solid fuel.

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Load Shedding Will Soon Invite Penalty: Power Minister

Load Shedding Will Soon Invite Penalty: Power Minister

The Central government is committed to provide electricity to all and that too round the clock. It will soon bring a law whereby any power distribution company doing load shedding after a specified date will be penalized bycentre.

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Government Looks To Award Coal Blocks On Production Or Revenue Sharing Model

Government Looks To Award Coal Blocks On Production Or Revenue Sharing Model

The system of coalblocks allocation could undergo an overhaul, with New Delhi leaning towards the oil-and-gas industry model that involves sharing production or revenue instead of the existing practice of auctions.

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PEC University To Have Solar Tech Park On Campus By February 2018

PEC University To Have Solar Tech Park On Campus By February 2018

PEC deemed university will have a solar technology park on campus, which research scholars will use to conduct experiments.

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Reliance Aims To Become Big Clean Energy Provider: Mukesh Ambani

Reliance Aims To Become Big Clean Energy Provider: Mukesh Ambani

India’s Reliance Industries Ltd will become a major provider of clean energy in the country, Chairman Mukesh Ambani said, as the South Asian nation transitions to renewable energy sources from fossil fuels.

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IOC, BPCL Keen To Acquire Gail To Become Fully Integrated Energy Firms

IOC, BPCL Keen To Acquire Gail To Become Fully Integrated Energy Firms

Indian Oil Corp (IOC) and Bharat Petroleum Corp Ltd (BPCL) are both keen to acquire gas utility GAIL India Ltd to become fully integrated energy companies.

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Chinese Customs Seizes $13 Million Worth Of Smuggled Fuel

Chinese Customs Seizes $13 Million Worth Of Smuggled Fuel

Chinese customs in Nanjing city has seized 12,000 tonnes of smuggled fuel worth 85 million yuan ($12.98 million), state news agency Xinhua reported on Monday

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Researchers Propose Green Energy Plan For Offshore Oil Platforms

Researchers Propose Green Energy Plan For Offshore Oil Platforms

A team from Cochinuniversity of science and technology (Cusat) proposes green energy generation for offshore platforms like oil rigs using piezoelectric crystals.

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Pace Of Highway Building Increased By 23% This Year

Pace Of Highway Building Increased By 23% This Year

The pace of national highway construction during April-November this year increased by 23% over the same period last year.

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Indian Railways Flag Off Country’s First AC Suburban Local Train In Mumbai

Indian Railways Flag Off Country’s First AC Suburban Local Train In Mumbai

The Indian Railways on Monday flagged off the country’s first air-conditioned suburban local train for Mumbai commuters, 150 years after the first suburban local was hauled by a steam engine in 1867, officials said.

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Kolkata Port Is Betting Big On Inland Water Transport

Kolkata Port Is Betting Big On Inland Water Transport

Having clocked the highest rate of growth (12.4%) among Major Ports (MPs) on the east coast in the first seven months of the fiscal, the Kolkata port is on the move.

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Railways Mulls Extra Charges During Festivals

Railways Mulls Extra Charges During Festivals

Premium charges during festivals such as Diwali, Durga Puja and discounts for travelling odd-hours, choosing a less popular route or train or one having no pantry services are some of the proposals the Railway board is considering on dynamic pricing.

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In Rajasthan, A Railway Station Run By The People, For The People

In Rajasthan, A Railway Station Run By The People, For The People

After a break of two years, wheels are turning again in Rajasthan’s Rashidpura Khori, one of the most unique railway stations in India.

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