GOOD MORNING INDIA

June 18, 2018, Monday

Greetings Of The Day From EnergyInfraPost.com!

YOUR MORNING NEWSLETTER IN ENERGY AND INFRASTRUCTURE FROM ACROSS THE MEDIA SPACE

India To Catalyze Bangladesh-nepal Bilateral Electricity Tie-up

India To Catalyze Bangladesh-nepal Bilateral Electricity Tie-up

Indian land between Bangladesh and Nepal is going to be the conduit for the two friendly international neighbors to have large scale hydropower trade in between.

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Sterlite Power Sells 3 Transmission Assets To IndiGrid For Rs 1,410 Crore

Sterlite Power Sells 3 Transmission Assets To IndiGrid For Rs 1,410 Crore

India Grid Trust (IndiGrid), the country's first infrastructure investment trust (InvIT), today acquired three transmission assets from its sponsor Sterlite Power Grid Ventures for a consideration of Rs 1,410 crore.

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Approval For Auction Methodology For Commercial Coal Mining A Game Changer: Experts

Approval For Auction Methodology For Commercial Coal Mining A Game Changer: Experts

The Union cabinet’s approval today for the methodology for conducting auction of coal blocks for commercial coal mining is a major step forward in the implementation of coal sector reforms by the Modi government, experts said.

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Coal-based Power Plants Likely To Run At 60% Capacity Utilisation In 2019

Coal-based Power Plants Likely To Run At 60% Capacity Utilisation In 2019

The capacity utilisation of coal-fired power plants is expected to hover between 60% and 62% in 2018-19 because of large capacity additions in the past five years, according to India Ratings and Research (Ind-Ra).

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Government Clears Opening Up Of Commercial Coal Mining To Private Firms

Government Clears Opening Up Of Commercial Coal Mining To Private Firms

In a major reform in the coal sector since its nationalisation in 1973, the government today allowed private companies to mine the fossil fuel for commercial use, ending the monopoly of state-owned Coal India Ltd (CIL).

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Coal Unions Oppose Allowing Private Firms To Mine Coal

Coal Unions Oppose Allowing Private Firms To Mine Coal

National trade unions today opposed the government's decision in allowing private firms to mine coal for commercial use.

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Oil & Gas World Expo 2018 To Be Held In Mumbai From February 21-23

Oil & Gas World Expo 2018 To Be Held In Mumbai From February 21-23

Outokumpu, a global stainless steel manufacturer, plans to showcase its products and capabilities to meet the country's growing need for critical high-end applications across energy,

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Noble Energy's Profit Beats On Higher Sales Volumes, Low Costs

Noble Energy's Profit Beats On Higher Sales Volumes, Low Costs

Oil and gas producer Noble Energy Inc's quarterly profit breezed past analysts' estimates as U.S. sales volumes surged and the company kept a tight leash on expenses.

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Oil Demand Will Peak By Late 2030s As Electric Cars And Plastics Ban Hit, Says BP

Growing numbers of electric vehicles and changes in regulations on plastics will cause oil demand to peak by the late 2030s, BP has predicted.

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OPEC, Russia Said To See Oil Glut Dissipating At A Faster Rate

OPEC, Russia Said To See Oil Glut Dissipating At A Faster Rate

The latest discussions between OPEC and its oil-producer allies concluded that the supply glut is dissipating at a faster pace than previously anticipated, say people familiar with the matter.

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BP Sees Self-driving Electric Vehicles Crimping Oil Demand By 2040

BP Sees Self-driving Electric Vehicles Crimping Oil Demand By 2040

The emergence of self-driving electric cars and travel sharing are set to dent oil consumption by 2040, oil and gas giant BP (BP.L) said, forecasting a peak in demand for the first time.

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Government Approves Six Rail Projects In 4 States

Government Approves Six Rail Projects In 4 States

The government on Tuesday approved six projects at a cost of Rs 11,661 crore for new lines as well as doubling and electrification of tracks, which would generate more than 200 lakh person days of employment in Uttar Pradesh and three other states, the railways said.

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Railways To Set Up Coach Factory At Latur

Railways To Set Up Coach Factory At Latur

The Ministry of Railways and the Maharashtra government signed a Memorandum of Understanding (MoU) to set up a rail coach factory at Latur, Maharashtra.

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Southern Railway Launches Three-Phase Suburban Rail Service

Southern Railway Launches Three-Phase Suburban Rail Service

Southern Railway today introduced three phase EMUs (electric multiple units) trains comprising 12-car rake with additional features for better passenger comfort.

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CCEA Approves Rs 2,676 Crore Jeypore-malkangiri Railway Project

CCEA Approves Rs 2,676 Crore Jeypore-malkangiri Railway Project

The Union Cabinet Committee on Economic Affairs (CCEA) on Tuesday approved the crucial 130-km Jeypore-Malkangiri railway project at a cost of Rs 2676.11 crore.

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Deadlock Over Mumbai Terminal Of Bullet Train Project Is Nearing An End

Deadlock Over Mumbai Terminal Of Bullet Train Project Is Nearing An End

Railway Minister Piyush Goyal on Tuesday said that the Mumbai terminal of the Ahmedabad-Mumbai Bullet train corridor will be underneath the Bandra Kurla Complex, indicating that the deadlock over the issue is nearing an end.

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Railways Claims To Have Achieved Highest Track Renewal In A Month

Railways Claims To Have Achieved Highest Track Renewal In A Month

Railways has claimed to have achieved highest ever track renewal in a month citing it as the chief reason for a dip in train derailments after the sudden spurt in accidents last year which led to a change of minister at the helm.

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