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September 26, 2018, Wednesday

Greetings Of The Day From EnergyInfraPost.com!

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

MUST READ

Modi Rules Out A Populist Budget & Then Drops Hints What It Could Be

Modi Rules Out A Populist Budget & Then Drops Hints What It Could Be

In his recent interview to Times Now, Prime Minister Narendra Modi ruled out a populist Budget. He gave enough indications that the upcoming Budget will not be a populist one.

 

 

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PM Narendra Modi Meets CEOs Of Global Companies

PM Narendra Modi Meets CEOs Of Global Companies

Prime Minister Narendra Modi on Monday held a roundtable meeting with the CEOs of top global companies ahead of this year's World Economic Forum.

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Modi In Davos: IMF Says India To Be Fastest Growing Economy In 2018 At 7.4%

Modi In Davos: IMF Says India To Be Fastest Growing Economy In 2018 At 7.4%

India is projected to grow at 7.4 per cent in 2018 as against China's 6.8 per cent, the IMF said on Monday, making it the fastest growing country among emerging economies following last year's slowdown due to demonetisation and the implementation of the GST.

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India, China Aren’t The Most Attractive Emerging Markets For 2018

India, China Aren’t The Most Attractive Emerging Markets For 2018

By some measures, Mexico and Turkey come out as the most attractive emerging markets for 2018.

 

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Donald Trump's Tariff Move To 'punish' China May Be The Biggest Blow To Renewables Yet

Donald Trump's Tariff Move To 'Punish' China May Be The Biggest Blow To Renewables Yet

On Monday, Trump approved duties of as much as 30 percent on solar equipment made abroad, a move that threatens to handicap a $28 billion industry that relies on parts made abroad for 80 percent of its supply.

 

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Eesl Rolls Out Electric Vehicles

Eesl Rolls Out Electric Vehicles

Energy Efficiency Services Limited (EESL) formed as a joint venture between NTPC, REC, Power Finance Corporation and PowerGrid under the Ministry of Power has a taken a lead in promoting several innovative measures to save on energy demand.

 

 

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FirstEnergy Gets $2.5 Billion Investment From Elliott Management, Others

FirstEnergy Gets $2.5 Billion Investment From Elliott Management, Others

Electric utility FirstEnergy Corp said it received a $2.5 billion equity investment from a group of fund managers including Elliott Management Corp.

 

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CPPIB To Invest $144 Million In ReNew Power Ventures

CPPIB To Invest $144 Million In ReNew Power Ventures

Canada Pension Plan Investment Board (CPPIB) on Monday said it is acquiring a 6.3% stake in ReNew Power Ventures Pvt. Ltd from Asian Development Bank for $144 million.

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Siemens Gamesa Bags Orders For 326MW Wind Power Capacities

Siemens Gamesa Bags Orders For 326MW Wind Power Capacities

Renewable energy firm Siemens Gamesa on Monday said it has begged multiple orders totalling 326 megawatt (MW) wind power capacities across India.

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Oil Ministry Seeks Cut In Excise Duty On Petrol, Diesel In Budget

Oil Ministry Seeks Cut In Excise Duty On Petrol, Diesel In Budget

India's oil ministry is pushing for a cut in excise duty on petrol and diesel in the upcoming 2018/19 budget to cushion the impact of rising oil prices on its vast consumer base, two oil ministry officials told Reuters on Monday.

 

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India To Showcase Oil Reforms At Global Energy Meet In April

India To Showcase Oil Reforms At Global Energy Meet In April

India will showcase its oil sector policy reforms and investment opportunities at the 16th International Energy Forum (IEF) Ministerial, slated for April in New Delhi where scores of ministers, top officials and industry executives from across the globe are expected to participate, oil minister Dharmendra Pradhan said.

 

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India Sees Scope For More Integration Among State Energy Companies

India Sees Scope For More Integration Among State Energy Companies

India could see more integration among state oil companies, its oil minister said on Monday, following top producer ONGCBSE 3.28 %'s $5.8 billion deal last week to buy a majority stake in refiner Hindustan Petroleum Corp Ltd.

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2 New ‘World Class’ Trains To Cut Travel Time By 20%

2 New ‘World Class’ Trains To Cut Travel Time By 20%

By June this year, the railways will roll out a 'first of its kind' semi-high speed, self-propelled train set which will cut down the travel time by at least 20% in comparison to any train drawn by a loco due to faster acceleration and deceleration.

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