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September 26, 2018, Wednesday

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

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10 Interesting Facts About Union Budget Of India

10 Interesting Facts About Union Budget Of India

Finance Minister Arun Jaitley will present the Union Budget for financial year 2018-19 on February 1. The first phase of the budget session of the parliament began from January 29 and will continue till February 9.

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Wind Energy Companies, Andhra Discoms Clash Over Discount

Wind Energy Companies, Andhra Discoms Clash Over Discount

Wind developers are up in arms against power distribution companies (discoms) in Andhra Pradesh for insisting on an arbitrary discount, appropriating a specific benefit the Centre grants renewable energy developers

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Reliance Power Q3 Net Up Marginally At Rs 280 Cr

Reliance Power Q3 Net Up Marginally At Rs 280 Cr

Reliance Power today reported 1.7 per cent rise in consolidated net profit to Rs 280.34 crore for the December quarter of the current fiscal due to drop in finance and depreciation costs.

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Tata Power Unveils $2.25 Million Smart Energy Incubation Hub

Tata Power Unveils $2.25 Million Smart Energy Incubation Hub

To encourage renewable energy development in India, Tata Power Delhi Distribution Limited (TPDDL) is in the process of starting the Tata Smart Energy Incubation Hub, the purpose of which is to incubate startups and support them both financially, and with other resources, to conduct work in the area of smart energy.

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NTPC

NTPC Lists $6 Billion MTN On India’s International Exchange

India's largest power producer NTPC Ltd has listed its $6 billion (around Rs 40,000 crore) Medium-Term Note (MTN) debt instrument programme on India International Exchange.

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Guyana Is Very Interested In India’s Renewable Energy Capabilities, Says High Commissioner Of Guyana To India

Guyana Is Very Interested In India’s Renewable Energy Capabilities, Says High Commissioner Of Guyana To India

This visit is touted to set a policy framework for medium to long-term cooperation between the two countries.

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SECI Tenders 2GW Of Solar Connected To India’s Inter-State Transmission System

SECI Tenders 2GW Of Solar Connected To India’s Inter-State Transmission System

Solar Energy Corporation of India Limited has issued a Request for Selection (RfS) for 2GW of inter-state transmission system (ISTS)-connected solar projects anywehre in India.

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Decide Consent To Project Proponent At Bandhwari Plant: NGT

Decide Consent To Project Proponent At Bandhwari Plant: NGT

The National Green Tribunal has directed the Haryana State Pollution Control Board (HSPCB) to consider granting permission for the operation of a waste-to- energy plant and managing of a landfill site at the defunct Bandhwari sewage treatment plant at Haryanas Gurgaon.

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Oil Rally Looks Overstretched; Prices May Fall A Bit

Oil Rally Looks Overstretched; Prices May Fall A Bit

Oil prices resumed their uptrend last week with WTI prices back near three-year highs as a weaker dollar coupled with falling US inventories helped prices.

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Petrol, Diesel Prices Largely Aligned To Global Rates: IOC

Petrol, Diesel Prices Largely Aligned To Global Rates: IOC

Petrol and diesel prices in India are to a "large extent" aligned to international rates, Indian Oil Corp (IOC) Chairman Sanjiv Singh said today, responding to the charges of government meddling in fixing of fuel prices.

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Dual Role Of Gas Transportation & Trading Under Lens

Dual Role Of Gas Transportation & Trading Under Lens

Letting companies operate both as transporter and trader could lead to restrictive trade practices in the natural gas sector, and Petroleum and Natural Gas Regulatory Board (PNGRB) plans to soon address this, its chairman has said.

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India, Russia To Collaborate In Hydrocarbon Sector In Vietnam

India, Russia To Collaborate In Hydrocarbon Sector In Vietnam

India may join hands with Russia for expanding its presence in the hydrocarbon sector in Vietnam, a move that may not upset China given its close ties with Russia.

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Bringing Petro Products Under GST Would Be Advantageous: Indian Oil Chairman

Bringing Petro Products Under GST Would Be Advantageous: Indian Oil Chairman

India Oil chairman, Sanjiv Singh, said that bringing petroleum products under GST would be advantageous for us because then it will be a seamless transfer of taxes.

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India’s New Hydrocarbon Exploration And Licensing Policy A Spectacular Failure

India’s New Hydrocarbon Exploration And Licensing Policy A Spectacular Failure

On January 18, Indian government launched the auction for 55 blocks covering 59,282 sq.km after examining the Expression of Interest (EOIs) submitted last year by oil companies.

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Moody's Affirms HPCL Ratings Following Its Acquisition By ONGC

Moody's Affirms HPCL Ratings Following Its Acquisition By ONGC

Moody’s Investor Service on Monday affirmed its rating of Hindustan Petroleum Corp Limited (HPCL) to Baa2, following the company’s acquisition by the state-owned Oil & Natural Gas Corp (ONGC).

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Indian Oil Q3 Profit Nearly Doubles, Beats Estimates

Indian Oil Q3 Profit Nearly Doubles, Beats Estimates

Indian Oil Corp Ltd said its third-quarter profit nearly doubled, handily beating estimates. Net profit surged 97 per cent to Rs. 7,883 crore ($1.24 billion) in the quarter ended December 31, from Rs. 3,995 crore a year earlier.

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Infrastructure Firms Seek Higher Allocations, Ease In Borrowings This Budget

Infrastructure Firms Seek Higher Allocations, Ease In Borrowings This Budget

Infrastructure companies have sought higher budgetary allocations to roads, rail, energy, metals and mining and, social infrastructure sectors in Budget 2019 besides enhanced fund raising schemes and market borrowings by state-run firms to revive the investment cycle.

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Indian Railways To Run Cleaner, Faster Trains

Indian Railways To Run Cleaner, Faster Trains

According to a newspaper report, Railways have assigned official in the Research Designs & Standards Organisation and coach production units with the task of developing new design coaches that will be faster, reliable and will provide more comfort to the travellers.

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railways-india

Don't Fall Prey To Unauthorised Institutions On Rly App'mnent

Southern Railway's salem division today warned the public and job aspirants not to fall prey to claims of some unauthorised institutions running 'safety training courses', for assured railway employment.

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