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June 22, 2018, Friday

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

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Union Budget 2018 On February 1, Budget Session To Begin On January 29

Union Budget 2018 On February 1, Budget Session To Begin On January 29

The Budget session of Parliament will commence from January 29 and the Union Budget will be presented on February 1, the Cabinet Committee on Parliamentary Affairs recommended today.

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KOR Energy, Cold Storages

Indian Energy Storage Alliance To Hold First Startups Contest

The India Energy Storage Alliance (IESA) will organise the country's first startup competition on energy storage, electric vehicles, charging infrastructure and micro-grids as part of its fifth international conference and expo here on January 11-12, the industry body has announced.

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CIL

Coal India Annual Production Target At 630 MT in FY''19: Government

The government today said that the annual production target of state-owned CIL has been kept at 630 million tonnes (MT) for the upcoming fiscal.

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Meghalaya Has Potential To Sell Electricity To Other States: CM Sangma

Meghalaya Has Potential To Sell Electricity To Other States: CM Sangma

Meghalaya Chief Minister Mukul Sangma has said the state has the potential to sell power to other states and may also export electricity to neighbouring countries like Bangladesh.

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Solar Modules Stuck At Indian Ports Due To Import Duty Dispute

Solar Modules Stuck At Indian Ports Due To Import Duty Dispute

Solar modules worth more than $150 million are stuck at various Indian ports due to a dispute over their classification and the import tax applicable to them, people in the know said, which could delay Prime Minister Narendra Modi’s clean energy goals.

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PFC Ties Up PTC India To Buy Power From Stranded Power Plants

PFC Ties Up PTC India To Buy Power From Stranded Power Plants

State-run PFC arm PFC Consulting (PFCCL) has inked a pact with PTC India for supply of power from commissioned coal-based thermal power projects stranded due to non-finalisation of power purchase agreement (PPA).

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Indian Energy Storage Alliance To Hold First Energy Startup Contest

Indian Energy Storage Alliance To Hold First Energy Startup Contest

The India Energy Storage Alliance (IESA) will organise the country's first startup competition on energy storage, electric vehicles, charging infrastructure and micro-grids as part of its fifth international conference and expo here on January 11-12, the industry body has announced.

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Energy Efficiency Services Plans Electric Vehicle Rollout In More States

Energy Efficiency Services Plans Electric Vehicle Rollout In More States

State-backed Energy Efficiency Services Ltd. plans to rollout its electric vehicle programme in more states after rolling out the first phase of green cars in Delhi this month.

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Goa Electricity Regulator To Hold Public Hearing On Proposed Power Tariff Hike On January 31

Goa Electricity Regulator To Hold Public Hearing On Proposed Power Tariff Hike On January 31

The Joint Electricity Regulatory Commission will hold a public hearing on January 31 on the proposed move of the state electricity department to hike powertariff by 5% in the 2018-19 fiscal to mop up revenue gaps of approximately Rs 80 crore.

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Shift To Bidding Regime Caused Short-term Pains In 2017: Suzlon CMD Tanti

Shift To Bidding Regime Caused Short-term Pains In 2017: Suzlon CMD Tanti

Suzlon Energy, India's largest indigenous wind turbine manufacturer, is also reeling under the regulatory changes unfolding in the wind energy sector.

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Britain Outlines Plans For 2025 Coal-Power Phase Out

Britain Outlines Plans For 2025 Coal-Power Phase Out

Britain will set an emission limit on coal-fired power generators from Oct. 1, 2025, forcing them to close unless they are fitted with carbon capture technology, the government said on Friday.

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Will 2018 Be The Year Of Oil Stocks? Investors Bet Big On Crude's Recovery

Will 2018 Be The Year Of Oil Stocks? Investors Bet Big On Crude's Recovery

Investors are gaining confidence - up to a point - that 2018 will be the year of oil stocks.

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Oil rally to benefit RIL’s petrochemical portfolio

Oil rally to benefit RIL’s petrochemical portfolio

The recent rally of global crude oil prices may have made India’s downstream players jittery but stronger crude prices are expected to improve the economics of Mukesh Ambani-led Reliance Industries’ petrochemical projects, according to Mumbai-based brokerage and financial service firm Edelweiss.

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Saudi Arabia Takes Step Closer To Giant Aramco IPO

Saudi Arabia Takes Step Closer To Giant Aramco IPO

Saudi Arabia today announced that Aramco had been granted new status allowing individuals to hold shares in the oil giant, which it aims to float on the stock market this year.

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Adani Gas Ltd Raises PNG, CNG Prices

Adani Gas Ltd Raises PNG, CNG Prices

Natural gasconsumers in Ahmedabad and Vadodara will now have to shell out more for the gas they consume as Adani Gas Limited (AGL) has increased the prices of piped natural gas (PNG) and compressed natural gas (CNG) for different segments including domestic, commercial and industrial.

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Crisis In Iran Could Send Oil To $100

Oil prices started the year on a high note as some geopolitical tension pushed aside bearish concerns. Both WTI and Brent opened above $60 per barrel for the first time in years.

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L&T Hydrocarbon Engineering Secures Rs 14 bn Offshore Contract From ONGC

L&T Hydrocarbon Engineering Secures Rs 14 bn Offshore Contract From ONGC

"L&T Hydrocarbon Engineering, a wholly-owned subsidiary of Larsen and Toubro, has signed an offshore contract for the 'Bassein Development 3 Well Platform and Pipeline Project' with Oil and Natural Gas Corporation (ONGC) valued at approximately Rs 14.83 billion," Larsen and Toubro stated in a BSE filing on Friday.

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Govt To Announce 2018 As Year Of Women`s Safety In Rail Budget

Govt To Announce 2018 As Year Of Women`s Safety In Rail Budget

The Railways might use part of the Nirbhaya Fund to install closed-circuit television (CCTV) cameras in ladies` coaches, deployment of RPF women constables in ladies coach and increase the number of washrooms on platforms, among other measures.

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Amidst Increasing Pollution, Inverters And UPSs Are Answer To Power Backup Woes

Amidst Increasing Pollution, Inverters And UPSs Are Answer To Power Backup Woes

The Delhi-NCR region has been in the spotlight for the past few days over air pollution shooting to alarming levels with toxic smog enveloping the region.

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