GOOD AFTERNOON INDIA

September 24, 2018, Monday

Greetings From EnergyInfraPost.com!

Afternoon News Updates From Across The Media Space

Govt Proposes To End High Power Tariffs For Industries Subsidising Farm Consumers

Govt Proposes To End High Power Tariffs For Industries Subsidising Farm Consumers

In a major relief for industrial and commercial establishments, the government proposes to remove cross-subsidy charges levied on large power consumers, power minister R K Singh said on Wednesday.

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India Needs Stable Policies And Regulator For EV Sector – Mr Sanjeev Sharma Abb India

India Needs Stable Policies And Regulator For EV Sector – Mr Sanjeev Sharma Abb India

Economic Times reported that having a presence in the transport, infrastructure, renewables and the utility space, the Indian arm of Swiss capital goods company ABB is in a sweet spot.

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Would Love Electric Vehicle For First-Time Buyers: Minister Piyush Goyal

Would Love Electric Vehicle For First-Time Buyers: Minister Piyush Goyal

Union minister Piyush Goyal on Tuesday said 80 per cent of India's population does not own a vehicle as yet and he would want their first vehicle to be electric.

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Greenko, Tata, Adani, Torrent Eye Odisha Power Distribution Business

Greenko, Tata, Adani, Torrent Eye Odisha Power Distribution Business

At least four firms, namely Greenko Group, Tata Power, Adani Group and Torrent Power, have evinced interest in acquiring Central Electricity Supply Utility of Odisha (CESU), said two people aware of the development.

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Top Indian Steel Mill Seeks To Buy Bhushan Steel, Monnet Assets

Top Indian Steel Mill Seeks To Buy Bhushan Steel, Monnet Assets

JSW Steel Ltd., India’s biggest producer, is interested in snapping up two struggling rivals, Bhushan Steel Ltd. and Monnet Ispat & Energy Ltd., as part of an industry-wide wave of consolidation sparked by a new bankruptcy law designed to clear-out distressed assets.

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Sasan Plant May Shut Down In March For Lack Of Coal: Reliance Power To HC

Sasan Plant May Shut Down In March For Lack Of Coal: Reliance Power To HC

The threat of a shutdown is looming large over the operation of Reliance Power's 3,960 megawatt power project in Madhya Pradesh if it is not allowed to mine coal in excess of the cap set by the Centre, the company told Delhi High Court today.

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Fine Print In Trump Solar Tariff Holds Some Good News For Tesla

Fine Print In Trump Solar Tariff Holds Some Good News For Tesla

Electric vehicle maker and solar installer Tesla Inc. said on Tuesday that it does not expect President Donald Trump's solar tariff to have much impact on its high-tech solar manufacturing ambitions, thanks to a clause exempting a vast amount of solar panel components from the levies.

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SECI Consults Industry On 160MW Solar-Wind-Storage Hybrid In Andhra Pradesh

SECI Consults Industry On 160MW Solar-Wind-Storage Hybrid In Andhra Pradesh

Solar Energy Corporation of India (SECI) has reached out to industry to establish how much interest there is in providing EPC services for a 160MW solar-wind hybrid project coupled with energy stroage in the state of Andhra Pradesh.

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One Lakh Old ACs To Be Replaced In Govt Buildings In Bid To Conserve Energy

One Lakh Old ACs To Be Replaced In Govt Buildings In Bid To Conserve Energy

Around one lakh conventional air-conditioners will be replaced by super-efficient appliances that will consume 30% less power, said Union environment minister Harsh Vardhan on Tuesday.

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Budget 2018-19: Crude Oil On Fire May Burn A Hole In Govt Coffers

Budget 2018-19: Crude Oil On Fire May Burn A Hole In Govt Coffers

With crude prices on the boil and general elections just around a year away in 2019, the pressure is mounting on the government to reduce the excise duty on auto fuels in order to lower the burden on consumers and to keep a lid on inflation.

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ONGC-HPCL Deal Is 12th Such Divestment That Really Isn’t

ONGC-HPCL Deal Is 12th Such Divestment That Really Isn’t

The Oil and Natural Gas Corporation Ltd.’s acquisition of 51 percent stake in public sector refiner Hindustan Petroleum Corporation Ltd. to help the government meet its divestment target isn’t the first-of-its-kind deal.

 

 

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Oil Dips On Rising US Fuel Stocks, But Overall Market Remains Supported

Oil Dips On Rising US Fuel Stocks, But Overall Market Remains Supported

Oil prices fell on Wednesday, weighed down by data that showed an increase in U.S. crude oil and gasoline inventories.

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Davos 2018: Suresh Prabhu, Dharmendra Pradhan To Address Sessions Focused On India

Davos 2018: Suresh Prabhu, Dharmendra Pradhan To Address Sessions Focused On India

here are two sessions with an India focus in Davos. The first is titled “India’s role in the world” and will focus on how political change, structural reform and technological innovation are changing the socioeconomic context of India.

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Global Investors Welcome To Participate In Railways Upgrade: Piyush Goyal

Global Investors Welcome To Participate In Railways Upgrade: Piyush Goyal

Promising a major technological and modernisation upgrade at railways, Union Minister Piyush Goyal said there are plans to equip the entire rail network with Wi-Fi and CCTV system and foreign investors are welcome to participate in this growth story.

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India’s Infra Deficit A Big Investment Opportunity: Arun Jaitley

India’s Infra Deficit A Big Investment Opportunity: Arun Jaitley

India has an infrastructure deficit and the country needs to boost its domestic manufacturing, finance minister Arun Jaitley said on Tuesday.

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SBI Capital Markets To Evaluate Monetisation Of Railways’ Transmission Assets

SBI Capital Markets To Evaluate Monetisation Of Railways’ Transmission Assets

SBI Capital Markets will evaluate Indian Railways’ overhead equipment (OHE) network for electrical traction as the state-run transporter is exploring the monetisation of its transmission assets.

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Mumbai: Campaign Pushes For Flexi-Timing To End ‘Crush’ Hour On Locals

Mumbai: Campaign Pushes For Flexi-Timing To End ‘Crush’ Hour On Locals

Getting to work every day is one of the riskiest things you do in the country's financial capital. On an average, between 2012 and 2016, about 3,400 people died every year while commuting by Mumbai's suburban trains.

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Railways To Run Special Train

Railways To Run Special Train

Railways has decided to run a weekly special train between Jaynagar and Anand Vihar (Delhi) from April 1 to June 20 to cope with the rush of passengers during the summer.

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Solar Power For Stations

Solar Power For Stations

Several stations under Danapur division of east central railway (ECR) will soon be equipped with solar panels.

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Warm Regards,

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