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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

Power Minister Calls The Budget 2018 As Path Breaking

Power Minister Calls The Budget 2018 As Path Breaking

KUSUM Scheme, inter alia, to provide additional income to farmers, by giving them option to sell additional power to the grid, through solar power projects set up on their barren lands

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India Should Aim From 50 Pc Renewable Energy By 2030: Goyal

India Should Aim From 50 Pc Renewable Energy By 2030: Goyal

Coal Minister Piyush Goyal today said India should strive for 50 per cent of its power generation capacity from renewable sources by 2030 on the back of technological advancements in solar and wind energy.

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Budget Announces Rs 140,000 Cr Scheme To Solarise Agri Pumps, Generate 10,000 Mw On Barren Land

Budget Announces Rs 140,000 Cr Scheme To Solarise Agri Pumps, Generate 10,000 Mw On Barren Land

The Budget has announced Rs 1,40,000 crore scheme to solarise agricultural pumps and encourage use of barren land for setting up solar power plants, power and renewable energy minister R K Singh said on Friday.

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Budget 2018: Solar Module Manufacturers To Gain From Increased Demand

Budget 2018: Solar Module Manufacturers To Gain From Increased Demand

The mechanisms proposed in this year's budget to boost uptake of solar power are a major positive for manufacturers of solar PV modules, research and ratings agency ICRA has said.

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Supply Of Coal To Non-Regulated Sector

Supply Of Coal To Non-Regulated Sector

The coal supply to Non-Regulated Sector (NRS) is through Fuel Supply Agreements (FSAs) based on their long term linkage /Letter of Assurance (LoA) as recommended by Standing Linkage Committee (Long-Term).

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Rs 48k Cr KUSUM Scheme To Encourage Farmers For Solar Farming:

Rs 48k Cr KUSUM Scheme To Encourage Farmers For Solar Farming:

Power Minister R K Singh today announced a Rs 48,000-crore KUSUM scheme to incentivise farmers to run solar farm water pumps and also use their baron land for generating solar power.

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CIL Misses Coal Production Target In January At 56.69 MT

CIL Misses Coal Production Target In January At 56.69 MT

The production target was 63.32 million tonnes for January, and 469.90 million tonnes for April-January period of the current fiscal.

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Funds Dwindle For Three Power Generating PSUs

Funds Dwindle For Three Power Generating PSUs

Just when the country is planning big reforms in the energy sector with a focus on green power, budget allocation to three Central PSUs in the energy sector based in Tamil Nadu has been lowered in the 2018-19 budget.

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Budget 2018: Oil PSUs Capital Outlay Seen Rising Marginally To Rs 87,854 Crore

Budget 2018: Oil PSUs Capital Outlay Seen Rising Marginally To Rs 87,854 Crore

The capital outlay for India's oil and gas Public Sector Undertakings (PSUs) is seen rising marginally by 0.61 per cent to Rs 87,854 crore next financial year, budget documents show.

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Budget 2018: Rs 8 road cess to keep fuel price up

Budget 2018: Rs 8 Road Cess To Keep Fuel Price Up

Though the excise duty on oil has decreased, consumers are deprived of any benefit as a new cess has been added to it, thereby nullifying the cut.

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Railways Rethinking On Flexi-fares, Says Minister Piyush Goyal

Railways Rethinking On Flexi-fares, Says Minister Piyush Goyal

The Ministry of Railways is having a rethink on flexi-fares and bringing in a dynamic pricing system that will help increase occupancy and enhance revenues, Railway Minister Piyush Goyal said on Friday.

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Case Against Railway Claims Tribunal Member Referred To CJI:

Case Against Railway Claims Tribunal Member Referred To CJI:

The railways has handed over a case against a member of the Railway Claims Tribunal (RCT) regarding the fraudulent disbursement of compensation to the Chief Justice of India (CJI), Parliament was informed today.

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Railway Employees' Union Says Budget 'Anti-Worker'

Railway Employees' Union Says Budget 'Anti-Worker'

A railway employees' association today said the Union Budget for 2018-19 was "anti-workers" as there was nothing for their welfare.

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Budget 2018: Rural Infrastructure A Sweet Spot In India’s Capex Cycle

Budget 2018: Rural Infrastructure A Sweet Spot In India’s Capex Cycle

While markets are still debating the revival of India’s capex cycle, particularly in the light of an absence of private capex, the measures announced in the Budget for 2018-19, particularly for the infrastructure sector, could lend some support.

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Rajdhanis, Shatabdis To Get Modern Coaches

Rajdhanis, Shatabdis To Get Modern Coaches

Railway minister Piyush Goyal said his ministry continues to focus on the use of technology to ensure safety on its network.

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Budget 2018: Rajasthan Railway To Chug On Development Track

Budget 2018: Rajasthan Railway To Chug On Development Track

Rajasthan has got a large share of rail infrastructure development. Though no announcement of any new rail line has been made, important projects like railway electrification will be implemented in the state.

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E-Way Bill Application Deferred, Trial To Continue As Government Faces Tech Glitch

E-Way Bill Application Deferred, Trial To Continue As Government Faces Tech Glitch

With the E-way bill generation platform facing technical glitches, the Government on Thursday said it is extending the trial period for e-way bill. However, the government has not clarified how long the trial will run.

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