​GOOD EVENING INDIA!

October 17, 2018, Wednesday

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

Reliance Infra Wins Rs 292 Cr Arbitration Award Against Goa Government

Reliance Infra Wins Rs 292 Cr Arbitration Award Against Goa Government

Reliance Infrastructure Ltd on Monday announced it has won an arbitration award of Rs 292 crore in a case against the Goa government heard by a Joint Electricity Regulatory Commission-constituted tribunal.

 

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Tepid Response, Court Stay Hit Karnataka Solar Auctions

Tepid Response, Court Stay Hit Karnataka Solar Auctions

Karnataka’s solar programme has received two setbacks in quick succession: its latest solar auction for 1200 MW has been postponed, while the results of an earlier one for 860 MW have been stayed by the Karnataka High Court.

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Avaada Power Plans To Invest Rs 25,000 Crore In Clean Energy Projects In 4 Years

Avaada Power Plans To Invest Rs 25,000 Crore In Clean Energy Projects In 4 Years

Clean energy player Avaada Power plans to invest ₹25,000 crore in the sector and develop 5,000 MW capacity in largely solar and wind projects in the next four years, a senior company executive has said.

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PFC Lends Rs 50,200 Crore To Uttar Pradesh Govt For Power Projects

PFC Lends Rs 50,200 Crore To Uttar Pradesh Govt For Power Projects

Power Finance Corporation (PFC), India’s state-run lender to the electricity sector, today announced it has signed Memorandum of Undertaking (MoUs) with Uttar Pradesh power utilities for extending financial assistance of Rs 50,200 crore for multiple power sector projects.

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APSEEDCO Signs Pact With Teri To Promote EE Technologies

APSEEDCO Signs Pact With Teri To Promote EE Technologies

The Energy and Resources Institute (TERI), a leading research institute in the fields of clean energy, water management, pollution management.

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Bhushan Power Bid: Liberty House Plans To Move NCLT This Week

Bhushan Power Bid: Liberty House Plans To Move NCLT This Week

Hit by rejection of its bid to acquire Bhushan Power and Steel, UK-based Liberty House plans to move NCLT this week to direct creditors and resolution professional to consider its offer.

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Renewable Energy Sector Witnesses 68k Cr Fund Flow

Renewable Energy Sector Witnesses 68k Cr Fund Flow

Discussions around renewable energy took centre stage at the CII Partnership Summit on Sunday, as Andhra Pradesh signed MoUs worth over Rs 68,000 crore for a host of projects in this area.

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For Coal Miners, It's Time To Exit Or Get Rich: Russell

For Coal Miners, It's Time To Exit Or Get Rich: Russell

It seems coalminers are adopting one of two disparate strategies, either exit the business in a highly visible way to buff up your climate credentials, or sit tight, keep as quiet as possible and rake in the cash.

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Passive Solar Housing Keeps People Warm In Icy Ladakh

Passive Solar Housing Keeps People Warm In Icy Ladakh

What do you do when you are stationed at 12,000ft above sea level in a cold desert like Ladakh but do not have access to 24X7 power? The usual solution is to burn diesel and kerosene to keep warm or, if it’s available, burn firewood.

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India Needs To Focus On Investment For Double Digit Growth: Citigroup

India Needs To Focus On Investment For Double Digit Growth: Citigroup

India needs to industrialise further and target 25 per cent of GDPpie for manufacturing sector by 2025 in order to achieve double-digit investment growth and create jobs for its swelling labour force, says a Citigroup report.

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RIL-BP's Rs 40,000 Crore Investment Plan In KG-D6 Approved

RIL-BP's Rs 40,000 Crore Investment Plan In KG-D6 Approved

A government oversight panel headed by DGH today approved USD 4 billion investment plan of Reliance Industries and BP plc for developing three sets of natural gas discoveries in the KG-D6 block in the Bay of Bengal.

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Exxonmobil Shuts PNG Gas Conditioning Plant To Assess Quake Damage

Exxonmobil Shuts PNG Gas Conditioning Plant To Assess Quake Damage

ExxonMobil Corp said it shut its Hides gas conditioning plant in Papua New Guinea after a powerful 7.5 magnitude earthquake hit the country's Southern Highlands province.

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Crude Oil Hits 2-Week High As Saudi Arabia To Keep Output Well Below Cap

Crude Oil Hits 2-Week High As Saudi Arabia To Keep Output Well Below Cap

Oil prices extended gains to hit two-week highs on Monday, supported by comments from Saudi Arabia that it would continue to curb exports in line with the OPEC-led effort to cut global supplies.

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Oil Like Gas: S&P Global Platts Bags Asian LNG Price Benchmark

Oil Like Gas: S&P Global Platts Bags Asian LNG Price Benchmark

Asia's booming liquefied natural gas (LNG) market has seen exchanges and commodity price agencies vie to become the region's leading price benchmark.

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How Green Energy Drive And Demand For Petrochemicals Are Making PSUs Diversify Their Portfolio

How Green Energy Drive And Demand For Petrochemicals Are Making PSUs Diversify Their Portfolio

Preparing for the rainy day has become one of the priorities for India’s oil marketing companies (OMCs). With the drive for clean energy, as also finite resources, making the future of fossil fuels uncertain, the public sector giants are steadily positioning themselves as petrochemical-makers.

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Bengaluru Metropolitan Transport And Metro Plan Switch To Solar Power

Bengaluru Metropolitan Transport And Metro Plan Switch To Solar Power

Faced with annual upward revisions in electricity tariffs, Bengaluru’s transport utilities Namma Metro (BMRCL) and BMTC are in talks with private developers in their pursuit of cheaper power options.

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India’s First Funicular Trolley To Start In Maharashtra On March 4

India’s First Funicular Trolley To Start In Maharashtra On March 4

Exactly eight years after it was sanctioned in January 2010, India’s first Funicular Trolley is all set to be launched on March 4 for pilgrims who throng the famed Saptashrungi Devi hilltop temple here, a top official said.

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Indian Railways Cost Overruns Hit This Massive Number; In Short, Read All About It

Indian Railways Cost Overruns Hit This Massive Number; In Short, Read All About It

Over three-fifths of the total 349 delayed central projects belong to the railway sector, causing a cost of Rs 1.73 lakh crore, according to a report by the Statistics and Programme Implementation Ministry for October 2017

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Intermodal Stations To Come Up In 15 Cities

Intermodal Stations To Come Up In 15 Cities

The National Highways Authority of India (NHAI) has conducted detailed pre-feasibility studies for setting up Intermodal Stations at Nagpur and Varanasi, and the development of DPRs for this is in final stages of completion.

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Kashmir Gets All-Weather, Glass-roof AC Train To Woo Back Tourists!

Kashmir Gets All-Weather, Glass-roof AC Train To Woo Back Tourists!

Bringing back tourists to the Kashmir Valley has become a matter of priority for both the Central and State administration.

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Railways To Offer Unutilised Berths Under Ladies Quota To Women Passengers On Wait-List

Railways To Offer Unutilised Berths Under Ladies Quota To Women Passengers On Wait-List

The railways has decided to offer the unitilised berths in trains under the ladies quota first to women passengers on the waiting list and then to senior citizens.

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Upbeat Kochi Metro Charts Out Extension Plans

Upbeat Kochi Metro Charts Out Extension Plans

The Kochi Metro viaduct which will extend the service beyond Vyttila, up to Thykoodam station, will be ready by June 2019.

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With Heat On, Western Railway Eyes More AC Takers

With Heat On, Western Railway Eyes More AC Takers

While Mumbaikars are dreading the onslaught of heat this summer, the Western Railway seems to be looking forward to it. The authorities want to see the changes in demand for the air-conditioned local trains during the summer months.

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Upgradation Of Signalling System At Railway Station

Upgradation Of Signalling System At Railway Station

The Ambala division is busy with the preparation plan for upgrading the signalling system at the Chandigarh railway station which will be part of a double-lane project between Dappar-Chandigarh.

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Historic First For Indian Railways! India Gets Its Maiden All-Women Non-Suburban Station

Historic First For Indian Railways! India Gets Its Maiden All-Women Non-Suburban Station

Jaipur’s Gandhi Nagar railway station has become the first non-suburban station in the country to be completely operated by women.

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Indian Railways Begins Process To Fill 90,000 Vacant Posts In Various Departments

Indian Railways Begins Process To Fill 90,000 Vacant Posts In Various Departments

The Indian Railways has started the process to recruit 89,500 employees for various posts in different railway departments.

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