GOOD AFTERNOON INDIA

September 24, 2018, Monday

Greetings From EnergyInfraPost.com!

Afternoon News Updates From Across The Media Space

Coal India Works Out Pricing Policy Based On Energy Content

Coal India Works Out Pricing Policy Based On Energy Content

Coal India has decided to replace its pricing policy from rupees per tonne to paise per unit of energy for different grades of coal sold from April 1, 2018.

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Torrent Power Seeks Nod To Increase Electricity Tariff To Recover Under-Recoveries

Torrent Power Seeks Nod To Increase Electricity Tariff To Recover Under-Recoveries

Electricity consumers in Ahmedabad, Gandhinagar and Surat may have to cough up more as Torrent Power Limited (TPL) has sought permission to increase power rates. The company claims that it needs higher rates to recover its past under-recoveries.

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Punjab Government Misses Deadline For Power Tariff Reduction Again

Punjab Government Misses Deadline For Power Tariff Reduction Again

In an embarrassment to the Punjab government, promise made by chief minister Amarinder Singh to reduce power tariff for industry to Rs 5 per unit have not been fulfilled once again.

 

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Will Visa Power Head For Successful Revival?

Will Visa Power Head For Successful Revival?

A consortium of 11 lenders are claiming to recover about Rs 1,900 crore from the bankrupt Visa Power after the National Company Law Tribunal (NCLT) admitted the firm for insolvency proceedings.

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IFC Set To Invest Rs 2,800 Crore In MP Solar Park

IFC Set To Invest Rs 2,800 Crore In MP Solar Park

In one of the biggest deals in the renewable energy space, International Finance Corporation (IFC), part of World Bank group, is close to investing $440 million or Rs 2,800 crore in Rewa Ultra Mega Solar Park in Madhya Pradesh.

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Government Raises Rs 1,200 Crore From NDMC Offer For Sale

Government Raises Rs 1,200 Crore From NDMC Offer For Sale

The NMDC offer for sale (OFS) concluded on Wednesday with the government successfully raising about Rs 1,200 crore by divesting 2.52% of its stake in the company.

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Local Solar Manufacturers Differ On Safeguard Duty Suggestion

Local Solar Manufacturers Differ On Safeguard Duty Suggestion

Indian solar manufacturers are divided in their reactions to the Directorate General of Safeguards’ recommendation of imposing provisional 70% safeguard duty on the import of solar cells for 200 days.

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Govt: Long-Term Export Policy To Incentivise Investment In Sector

Govt: Long-Term Export Policy To Incentivise Investment In Sector

The central government on Wednesday issued the draft National Mineral Policy (NMP), 2018, wherein it stated that a “long term export policy for the mineral sector” is the need of the hour as it will provide “stability” and “incentive” for bringing investments in “large scale commercial mining” activities.

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Nigeria's State-owned Firm NNPC Gets 254 Bids For 2018 Oil Contracts

Nigeria's State-owned Firm NNPC Gets 254 Bids For 2018 Oil Contracts

The tender was issued on Nov. 10, and closed on Jan. 9. It is open to refinery or retail outlet owners, the governments of high energy consuming nations, established and globally recognised crude oil traders and indigenous Nigerian downstream oil and gas companies.

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CNG, PNG Supply To Remain Affected In Gurugram On January 14

CNG, PNG Supply To Remain Affected In Gurugram On January 14

The CNG supply in the district will be affected on Sunday. The CNG and PNG gas will not be available to consumers on January 14 from 3am till 10pm.

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MMRC Prepares To Operate Fifth Tunnel Boring Machine

MMRC Prepares To Operate Fifth Tunnel Boring Machine

As the Mumbai Metro Rail Corporation (MMRC) prepares to begin operations of the fifth Tunnel Boring Machine (TBM) in the city, the first that began tunnelling on November 9 has completed 94.3 metres of boring as on Wednesday.

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Passengers To Pay Less For Booking Tour Packages Through IRCTC

Passengers To Pay Less For Booking Tour Packages Through IRCTC

In a good news for passengers, they have to now pay less for booking tour packages with the Indian Railway Catering and Tourism Corporation (IRCTC). Railway board chairperson Ashwani Lohani has directed for reduction in the service charge by 10 per cent — from 25 per cent to 15 per cent — levied on the tickets booked through IRCTC’s website.

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Western Railway Not Keen On Allowing First Class Commuters In AC Local

Western Railway Not Keen On Allowing First Class Commuters In AC Local

Their is still uncertainty over whether first class commuters on the Western Railway will be able to travel in the AC local simply by paying the difference in the price of the ticket to the TC inside the coach.

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Two Crude Bombs Found At Mumbai Metro Site

Two Crude Bombs Found At Mumbai Metro Site

Two crude bombs were unearthed during digging at a Metro construction site in Mumbai Central on Wednesday, which were later defused and sent for forensic testing.

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Land Monetisation: Indian Railways Aims For Whopping Rs 6,000 Crore In 8 Years From 17 Plots

Land Monetisation: Indian Railways Aims For Whopping Rs 6,000 Crore In 8 Years From 17 Plots

Indian Railways has fast-tracked its project for vacant land monetisation, a move that could boost its investible resources. The Rail Land Development Authority (RLDA).

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