GOOD MORNING INDIA

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

STORY OF THE DAY

PM Narendra Modi’s Interview: ‘India’s Energy Security, Infrastructural Investments Top On Agenda During UAE Visit’

PM Narendra Modi’s Interview: ‘India’s Energy Security, Infrastructural Investments Top On Agenda During UAE Visit’

Prime Minister Narendra Modi has said that India’s energy security and infrastructural investments from the UAE will be the key topics of his discussions with the Gulf nation’s top leadership this week.

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MUST READ

Govt Gives Administrative Approval, Financial Sanction To Build 12 Nuclear Power Reactors

Govt Gives Administrative Approval, Financial Sanction To Build 12 Nuclear Power Reactors

The government has accorded administrative approval and financial sanction for construction of 12 nuclear power reactors in the country, Parliament was informed today.

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Narendra Modi SpeechLIVE: PM Asks, ‘what Kind Of Bharat You Want – New India Or Country Of Scams, Emergency?’

Narendra Modi SpeechLIVE: PM Asks, ‘what Kind Of Bharat You Want – New India Or Country Of Scams, Emergency?’

Prime Minister Narendra Modi after roaring over Congress in the Lok Sabha has carried on with his frontal attack on the grand old party in the Rajya Sabha as well.

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India Achieves 20 Gigawatts Solar Capacity 4 Years Ahead Of Initial Target

India Achieves 20 Gigawatts Solar Capacity 4 Years Ahead Of Initial Target

India achieved an operational solar power capacity of 20 gigawatts by the end of 2017, Mercom India Research has claimed.

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Power Firms Hit By Surge In Imported Coal Prices

Power Firms Hit By Surge In Imported Coal Prices

Pratim Ranjan Bose Imported coal prices are on the rise again, and it is unclear if they will subside soon.

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Solar Industry Lost Nearly 10,000 Jobs In 2017 In The US

Solar Industry Lost Nearly 10,000 Jobs In 2017 In The US

The U.S. solar industry lost nearly 10,000 jobs last year, led by steep losses in mature markets like California and Massachusetts where installation growth has slowed, according to a new report published on Wednesday.

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Supreme Court Cancels All Iron Ore Mining Permits In Goa

Supreme Court Cancels All Iron Ore Mining Permits In Goa

The Supreme Court on Wednesday quashed the second renewal of iron ore mining leases given to 88 companies in Goa in 2015.

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Solar, Wind Power Tariffs May Dip Below Rs 2 Per Unit In 2-3 Years

Solar, Wind Power Tariffs May Dip Below Rs 2 Per Unit In 2-3 Years

As the government continues to focus on increasing renewable energy capacity, solar and wind power tariffs are likely to dip below Rs 2 per unit in the next 2-3 years, a senior official of transmission firm Sterlite Power said.

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No Political Meddling In Power Sector's Functioning: UP Electricity Regulator

No Political Meddling In Power Sector's Functioning: UP Electricity Regulator

The Uttar Pradesh Electricity Regulatory Commission (UPERC) today said that political interference in the functioning of power corporations has come to an end after the Yogi Adityanath-led government assumed power in the state.

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Brookfield-Backed Terraform Bids $1.2 Billion For Saeta Yield

Brookfield-Backed Terraform Bids $1.2 Billion For Saeta Yield

TerraForm Power, controlled by Canada's Brookfield Asset Management, has launched a 995 million euro ($1.2 billion) takeover bid for Spanish renewable energy firm Saeta Yield to expand its presence in Western Europe.

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Wind Turbine Maker Vestas Eases Worries About Lower Margins

Wind Turbine Maker Vestas Eases Worries About Lower Margins

Vestas forecast a modest decline in profit margins and steady sales on Wednesday, easing investor worries about the impact of growing competition and falling government subsidies on the world's biggest wind turbine maker.

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India Needs Ecosystem For Clean Tech To Cut Emissions, Fuel Imports: Maruti

India Needs Ecosystem For Clean Tech To Cut Emissions, Fuel Imports: Maruti

India will need a comprehensive ecosystem that supports cleaner technologies, including electric vehicles, to meet its vision of cutting emissions, reduce dependence on imported fuel and achieve leadership in clean technology, according to Maruti Suzuki India MD and CEO Kenichi Ayukawa.

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CLP India Eyes Transmission Assets

CLP India Eyes Transmission Assets

CLP India Pvt. Ltd, one of the largest foreign investors in the Indian power sector, is looking at acquisitions to enter the transmission business amid low green energy tariffs that threaten profitability, said two people aware of the development.

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India’s Karnataka State Awards 760 MW Of Grid-connected PV Projects - Report

India’s Karnataka State Awards 760 MW Of Grid-connected PV Projects - Report

A tender for 760 MW of grid-connected solar project in the Indian state of Karnataka has attracted bids of as low as INR 2.94 (USD 0.046/EUR 0.037) 

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A Costly Affair: Draft National Mineral Policy Dashes Hopes Of Investments

A Costly Affair: Draft National Mineral Policy Dashes Hopes Of Investments

The ministry has released the draft of the NMP-2018, seeking to replace the last policy announced in 2008. According to the policy, mineral exploration would be incentivised to attract private investments as well as state of the art technology through an adequate financial package or through the Right of First Refusal at the time of auction.

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LNG Spot Market

Adani Plans To Build 5 Mtpa LNG Terminal In East India

A 5 million-tonne-per-annum LNG import terminal at Mundra in Gujarat state on the west coast of India, part owned by the Adani Group, will likely be operational in April or May, a senior company official said on Wednesday.

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Cabinet Approves Expansion Of Ujjwala Yojana Beneficiary Cover To 8cr

Cabinet Approves Expansion Of Ujjwala Yojana Beneficiary Cover To 8cr

The government today approved enhancing the number of beneficiaries under the Ujjwala Yojana for receiving deposit-free new cooking gas connection to 8 crore with an additional allocation of Rs 4,800 crore.

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IOC, BPCL Keen To Acquire GAIL India: Dharmendra Pradhan

IOC, BPCL Keen To Acquire GAIL India: Dharmendra Pradhan

Oil Minister Dharmendra Pradhan today said IOC and BPCL are both keen to acquire gas utility GAIL India Ltd, which as per the extant policy needs to be split by separating gas transportation business from its marketing unit.

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Numaligarh Refinery Ramps Up Capacity Of LPG Bottling Plant

Numaligarh Refinery Ramps Up Capacity Of LPG Bottling Plant

Assam-based Numaligarh Refinery Limited (NRL) has ramped up the capacity of its LPG bottling plant from 10 to 42 TMTPA (thousand metric tonnes per annum).

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India To Auction 60 Small Discovered Oil, Gas Fields

India To Auction 60 Small Discovered Oil, Gas Fields

India will auction 60 discovered small oil and gas fields with the potential to produce 194.65 million tonnes of oil and oil equivalent gas, the government said in a tweet after a cabinet meeting.

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Don't Want To Shut Manufacturing Of Petrol, Diesel Vehicles: Nitin Gadkari

Don't Want To Shut Manufacturing Of Petrol, Diesel Vehicles: Nitin Gadkari

Union road transport and highway minister Nitin Gadkari, who is known for promoting innovative ideas in transportation, created a stir a few months ago when he pitched for electric vehicles by 2030.

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500 Km Pipeline In Assam To Supply Gas To North Eastern States - Mr Pradhan

500 Km Pipeline In Assam To Supply Gas To North Eastern States - Mr Pradhan

PTI cited Petroleum Minister Mr Dharmendra Pradhan as saying that give major oil and natural gas PSUs would set up a joint company for a 1500 km gas pipeline at an estimated cost of INR 6000 crore stretching from Guwahati to Tinsukia via Numaligarh to supply gas to the NE states.

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India Sees No Scope For More Excise Duty Cut On Petrol, Diesel For Now: Finmin Source

India Sees No Scope For More Excise Duty Cut On Petrol, Diesel For Now: Finmin Source

India has no immediate plan to further cut factory gate tax on petrol and diesel due to its tight fiscal situation, a finance ministry source said on Tuesday.

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Budget 2018: Petroleum Subsidy Could Fall Short; Upstream Firms May Have To Bear Burden

Budget 2018: Petroleum Subsidy Could Fall Short; Upstream Firms May Have To Bear Burden

The Budget 2018allocation of Rs 24,933 crore for petroleum subsidy may fall short considering the appreciation in crude oil prices and revised target of providing 8 crore Liquified Petroleum Gas (LPG) connections under Pradhan Mantri Ujjwala Yojana (PMUY), experts say.

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Oil Prices Fall More Than 1% Amid Global Market Rout

Oil Prices Fall More Than 1% Amid Global Market Rout

Oil prices dropped by more than 1% on Tuesday, extending falls from the previous session as global financial markets tumbled lower in the wake of one of the biggest intraday fall ever registered on Wall Street.

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Railways Enlists Bloggers To Publicise Luxury Trains

Railways Enlists Bloggers To Publicise Luxury Trains

The Tourism Ministry and the IRCTC have enlisted 60 bloggers from 23 countries, including India, as part of a new publicity blitz to write on luxury trains run by the railways and improve their dwindling occupancy rate.

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South Central Railway Becomes 1st Rail Zone With 100% LED Lighting At Stations

South Central Railway Becomes 1st Rail Zone With 100% LED Lighting At Stations

The South Central Railway (SCR) today said it has become the first railway zone in the country to complete 100 per cent LED lighting at all the stations under its jurisdiction.

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Railways Pushes To Block 19 Websites Over Misuse Of Ticket-booking Software

Railways Pushes To Block 19 Websites Over Misuse Of Ticket-booking Software

The Indian Railways has asked the Ministry of Electronics and Information Technology to block 19 websites over concerns of misuse of a software on its catering and tourism portal for tatkal booking, Parliament was informed on Wednesday.

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NCLT Allows Auction Of ABG Shipyard Arm Western India

NCLT Allows Auction Of ABG Shipyard Arm Western India

The bankruptcy court has allowed the auction of the properties of Western India Shipyard Ltd, a subsidiary of Gujarat-based ABG Shipyard Ltd, one of the 12 large cases referred by the Reserve Bank of India (RBI) for early bankruptcy proceedings.

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Railway Budget 2018: 881 Km Rail Network Set To Be Electrified In West Bengal

Railway Budget 2018: 881 Km Rail Network Set To Be Electrified In West Bengal

The Union budget for fiscal 2018-19 has proposed electrification of 881 km of rail network in West Bengal at a proposed cost of Rs 771.54 crore, a senior railway official said here today.

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Delhi-Amritsar, Mumbai-Pune Routes To Get Bullet Trains As Indian Railways Eyes Shorter Stretches

Delhi-Amritsar, Mumbai-Pune Routes To Get Bullet Trains As Indian Railways Eyes Shorter Stretches

Even as project work for India’s first bullet train – between Mumbai and Ahmedabad – is underway, Indian Railways is already considering the possibility of constructing high-speed train corridors for shorter routes.

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Railways Plans To Install 12 Lakh CCTV Cameras In 8,500 Stations, 11,000 Trains

Railways Plans To Install 12 Lakh CCTV Cameras In 8,500 Stations, 11,000 Trains

In its endeavour to provide a safe and secure travel experience to passengers, India Railways is pitching for the procurement of about 12 lakh CCTV cameras to ensure state-of-the-art surveillance systems in all trains and stations across the country.

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