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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

Coal India Up 5% On Hike In Non-Coking Coal Prices

Coal India Up 5% On Hike In Non-Coking Coal Prices

Coal India Ltd, the country's largest miner, is set to introduce a new pricing policy for coal which will be linked strictly to quality, a top official today said. 

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NTPC Forced To Cancel 250 MW October 2017 Solar Auction

NTPC Forced To Cancel 250 MW October 2017 Solar Auction

NTPC has been forced to cancel the result of its 250 mw solar auction held in October last year, which was won by Azure Power quoting a tariff of ₹3.14 per unit.

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NMDC Stake Sale Via OFS Route Begins; Stock Falls 4%

NMDC Stake Sale Via OFS Route Begins; Stock Falls 4%

NMDC was trading 4% lower at Rs 155 on BSE in early morning trade as the government 1.5% stake sale programme in mining company commenced today.

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India Mulls 70 Per Cent Safegaurd Duty On Solar Equipment Imports

India Mulls 70 Per Cent Safegaurd Duty On Solar Equipment Imports

India has proposed to levy a 70 per cent safeguard duty on import of solar power equipment from countries like China for 200 days to protect domestic industry from "serious injury".

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Power Tariffs Set To Rise On CIL Coal Price Hike Of 9 Per Cent

Power Tariffs Set To Rise On CIL Coal Price Hike Of 9 Per Cent

Power tariffs across the country are set to rise by 11 paise per unit or 2 per cent on the back of the 9 per cent hike in thermal coal prices announced by state-run miner Coal India Ltd (Ltd) on Monday.

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CIL Shares Jump Over 8 Per Cent On Hike In Non-Coking Fuel Price

CIL Shares Jump Over 8 Per Cent On Hike In Non-Coking Fuel Price

Shares of Coal India (CIL) today surged over 8 per cent after the company said its board has approved a hike in non-coking coal prices for both power and non-power consumers with immediate effect.

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India Proposes 70% Duty On China, Malaysia Solar Imports

India Proposes 70% Duty On China, Malaysia Solar Imports

India, the largest importer of Chinese solar equipment, proposed a 70% safeguard duty on cells and modules shipped from China and Malaysia, citing “threat of serious injury” to the domestic industry.

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The Cost Of Renewable Energy Promotion

The Cost Of Renewable Energy Promotion

It’s no secret that renewable energy promotion involves financial costs. But what is unknown is the quantum of the expense.

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Centre To Evaluate Performance, Socio-Economic Impact Of Solar Units

Centre To Evaluate Performance, Socio-Economic Impact Of Solar Units

Centre is going to evaluate the technical performance and socio-economic impact of over one lakh solar pumps and more than six lakhs residential solar units installed all over the country during the past five years.

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Niti Aayog Will Frame Electric Vehicles Policy, Ministries Will Implement

Niti Aayog Will Frame Electric Vehicles Policy, Ministries Will Implement

The government's think-tank, Niti Aayog, will frame the policy for electric vehicles while all concerned ministries will implement them, the Cabinet secretary chaired meeting decided on Monday, ending the turf war among different entities.

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Thermal Power Utilities Seen Reporting Upbeat Q3 Results

Thermal Power Utilities Seen Reporting Upbeat Q3 Results

The December quarter is expected to be encouraging for thermal power companies with gradual recovery in demand and higher electricity prices in the spot market.

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Coal India Raises Thermal Coal Prices By 9%

Coal India Raises Thermal Coal Prices By 9%

Coal India has raised prices of thermal coal by an average 9%. The decision was taken at a board meeting held on Monday while revised prices would be effective from Tuesday.

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India Rejects Us Solar Claim At WTO, Explores New Defence

India Rejects Us Solar Claim At WTO, Explores New Defence

India hit back on Monday at Washington’s latest legal assault on its solar power policies at the World Trade Organization, rejecting a U.S. legal claim and exploring possible new protection of India’s own solar industry.

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Vasundhara Raje Govt To Save Rs 40,000 Crore With Reworked Refinery Deal: Pradhan

Vasundhara Raje Govt To Save Rs 40,000 Crore With Reworked Refinery Deal: Pradhan

The re-worked Barmer refinery deal between state-owned Hindustan Petroleum Corp (HPCL) and Rajasthan government will save the state Rs 40,000 crore, oil minister Dharmendra Pradhan today said in a press conference.

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Oil Minister Pradhan Joins Political Fight Claiming Credit For Barmer Refinery

Oil Minister Pradhan Joins Political Fight Claiming Credit For Barmer Refinery

Oil Minister Dharmendra Pradhan on Tuesday joined the political fight to claim credit for planning a refinery in Barmer by dubbing the efforts of the previous Congress government of Rajasthan in this regard as mere 'electoral stunt'.

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PM Modi To Commence Barmer Refinery Project Next Week Confirms Oil Minister Dharmendra Pradhan

PM Modi To Commence Barmer Refinery Project Next Week Confirms Oil Minister Dharmendra Pradhan

Amid political slugfest over construction of a refinery at Barmer in Rajasthan, Oil Minister Dharmendra Pradhan today said Prime Minister Narendra Modi will next week do “project commencement” work on the Rs 43,129 crore project.

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Crude Oil Rises Above $68 For First Time Since May 2015

Crude Oil Rises Above $68 For First Time Since May 2015

Oil rose further above $68 a barrel on Tuesday, touching its highest since May 2015, supported by OPEC-led production cuts and expectations U.S. crude inventories fell for an eighth week.

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GAIL To Lay Pipeline, Marketing Can Be Done By Anyone: Dharmendra Pradhan

GAIL To Lay Pipeline, Marketing Can Be Done By Anyone: Dharmendra Pradhan

Amid reports of splitting GAIL India's gas transportation and marketing business, Oil Minister Dharmendra Pradhan today said the company should concentrate on laying gas infrastructure while marketing can be done by anyone.

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Anup Vikal Joins Essar Oil As CFO

Anup Vikal Joins Essar Oil As CFO

Former head of finance at Snapdeal, Anup Vikal, has joined oil and natural gas producer, Essar Oil as the company's new chief financial officer.

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Will 1 Billion EVs Crash Gasoline Demand?

Will 1 Billion EVs Crash Gasoline Demand?

Vehicle fuel consumption should see a major decline globally, but it won’t happen for a couple of decades.

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Forget Phone And SMS, Now Book LPG Cylinders Through Facebook, Twitter

Forget Phone And SMS, Now Book LPG Cylinders Through Facebook, Twitter

The Indian Oil Corporation (IOC) has come up with a facility wherein the consumers can book their gas cylinders through social media platforms - Facebook and Twitter.

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Back To Petroleum? Major Oil Companies Cautious On Renewables

Back To Petroleum? Major Oil Companies Cautious On Renewables

Two decades ago, BP set out to transcend oil, adopting a sunburst logo to convey its plans to pour $US8 billion over a decade into renewable technologies, even promising to power its gas stations with the sun.

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IOC Asked To Abandon LPG Terminal Project At Puthuvype

IOC Asked To Abandon LPG Terminal Project At Puthuvype

The Indian Oil Corporation (IOC) must abandon work on its cooking gas receiving jetty and storage facilities on Puthuvype island near Kochi as the project was unviable in such a thickly populated area, said a group of environmentalists led by former chairman of Kerala State Biodiversity Board V.S. Vijayan at a press conference here on Monday.

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ONGC Mittal Energy, Trading Arm To Shut Operations

ONGC Mittal Energy, Trading Arm To Shut Operations

Two joint ventures of steel baron Lakshmi Niwas Mittal with ONGC Videsh Ltd are shutting shop, documents filed with the Registrar of Companies (RoC) show.

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Road Projects Involving Rs 50,000 Crore To Come Up In Uttarakhand By 2019, Says Union Minister Nitin Gadkari

Road Projects Involving Rs 50,000 Crore To Come Up In Uttarakhand By 2019, Says Union Minister Nitin Gadkari

Announcing a slew of projects for Uttarakhand in next two years, Union Minister Nitin Gadkari said 70 roads involving around Rs 50,000 crore will come up in the state by 2019.

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Reliance Infra Moves MERC For Sale Approval Of Mumbai Power Business To Adani Transmission

Reliance Infra Moves MERC For Sale Approval Of Mumbai Power Business To Adani Transmission

Anil Ambani-led Reliance Infrastructure (RInfra) today said it has filed an application before state electricity regulator MERC for approval to sell its Mumbai power business to Adani Transmission (ATL).

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Cold Tuesday Morning In Delhi, Fog Disrupts Railways Schedule; 22 Trains Cancelled

Cold Tuesday Morning In Delhi, Fog Disrupts Railways Schedule; 22 Trains Cancelled

It was a cold and foggy morning here on Tuesday with the minimum temperature recorded at 4.2 degrees Celsius, three notches below the season’s average, the weather office said.

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Indian Railways Launches Transparent And Efficient “new Online Vendor Registration System” In Its Research Arm RDSO.

Indian Railways Launches Transparent And Efficient “new Online Vendor Registration System” In Its Research Arm RDSO.

In line with the philosophy of the Government to make systems and procedures digital and transparent,Research Designs & Standards Organisation (RDSO),(headquartered at Lucknow), the research arm of Ministry of Railways, has launched “New Online Vender Registration System”.

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Railways Vows To Speed Up Contracts This Year

Railways Vows To Speed Up Contracts This Year

This year is expected to bring in some early good news for wagon makers and firms providing railway infrastructure with the Railway Board set to put an end to inordinate delays in awarding of tenders as communicated in the closing days of last year.

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Railways Plans To Equip 8,500 Stations With Wi-Fi

Railways Plans To Equip 8,500 Stations With Wi-Fi

It will cover 7,300 stations in rural and remote areas that will serve not only the passengers but also the local masses. The railway stations in the rural areas will have kiosks for the local population.

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Indian Railways To Study Feasibility Of Elevated Tracks On Golden Quadrilateral

Indian Railways To Study Feasibility Of Elevated Tracks On Golden Quadrilateral

In what could be termed as one of the most ambitious plans of the Indian Railways, the transporter is set to commission a feasibility and cost study for elevated railway tracks across the 10,000 km length of the Golden Quadrilateral connecting the four metros.

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Soft Skills For Tough Rail Cops

Soft Skills For Tough Rail Cops

The Railway Protection Force (RPF) has started to give soft skill training to its personnel in a weeklong camp to bring confidence among passengers travelling in trains.

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Train Accidents Have Come Down By 40-45 Percent, Says Railway Board, Hopes To Further Reduce Mishaps

Train Accidents Have Come Down By 40-45 Percent, Says Railway Board, Hopes To Further Reduce Mishaps

Railway Board chairman Ashwani Lohani said that train accidents had come down by 40-45 percent in the current financial year as compared to the previous fiscal.

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