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December 14, 2018, Friday

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

BIG STORY

India To Become USD 5 Trillion Economy In 7-yrs, Says Suresh Prabhu

India To Become USD 5 Trillion Economy In 7-yrs, Says Suresh Prabhu

Commerce and Industry Minister Suresh Prabhu today exuded confidence that India will become a USD 5 trillion economy in the next seven years.

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Power Minister Asks REC, PFC To Stop Lending To Loss-making Discoms

Power Minister Asks REC, PFC To Stop Lending To Loss-making Discoms

The power ministry has asked the two state-run power sector financiers Power Finance Corp and Rural Electrification Corp to be cautious in lending to power distribution companies that have high distribution losses making it difficult for them to repay the loans.

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Supply Of Coal To Power And Non-Power Sectors 6-7% Higher Over Previous Year: Coal Ministry

Supply Of Coal To Power And Non-Power Sectors 6-7% Higher Over Previous Year: Coal Ministry

Union Minister of Railways and Coal Piyush Goyal in a written reply to a question in Rajya Sabha on Friday said that in order to meet the requirement of thermal power plants (TPPs), Coal India Limited (CIL)

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Bhushan Power Creditors To Announce Highest Bidder Next Week

Bhushan Power Creditors To Announce Highest Bidder Next Week

The creditors' panel will next week declare the highest preferred bidder for acquiring the assets of Bhushan Power and Steel amid the resolution process for the debt-laden firm being marred by controversy, sources said.

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Thermal Power Generation

Adani, Essar, Jaypee, Lanco Power Plants In List Of Stressed Projects

Thermal power projects promoted by Adani, Essar, Jaypee and Lanco figure in the list of 34 stressed electricity projects with total capacity of over 40 GW mentioned in a Parliamentary panel report.

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Coal Output From Private Miners Unlikely To Rise In Medium Term: Icra

Coal Output From Private Miners Unlikely To Rise In Medium Term: ICRA

Coal output levels from private commercial miners are unlikely to go up considerably in the medium to short term, given the issues related to land acquisition and regulatory clearances, rating agency Icra said today.

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Tata Power Achieves Its Record Power Generation In February

Tata Power Achieves Its Record Power Generation In February

Tata Power today said it has registered the highest ever gross power generation at 4,647 million units (MU) in February 2018.

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Diu Becomes First UT To Run Completely On Solar Power, Sets Up Example For Rest

Diu Becomes First UT To Run Completely On Solar Power, Sets Up Example For Rest

Taking giant leaps in the sector of solar power generation, Diu has become nation’s first ever renewable energy surplus Union Territory (UT) in just three years.

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India Set To Achieve 20GW Solar Energy Capacities This Fiscal Itself

India Set To Achieve 20GW Solar Energy Capacities This Fiscal Itself

India is close to achieving 20 GW grid connected installed solar power generation capacity this fiscal itself with 19.58GW already in hand till February end, Parliament was informed today.

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With $1-billion Cheque, Greenko Closes In On Orange Renewables

With $1-billion Cheque, Greenko Closes In On Orange Renewables

Greenko, backed by Singapore’s GIC and Abu Dhabi Investment Authority, is close to striking a deal to purchase wind and solar energy producer Orange Renewables for an enterprise value of about $1 billion, said people with knowledge of the matter.

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Haryana To Promote Paddy Straw Power To Combat Stubble Burning

Haryana To Promote Paddy Straw Power To Combat Stubble Burning

With stubble burning remaining one of the main causes of increasing pollution in the northern region, Haryana government today showed its commitment to combat this problem in the state budget by promoting paddy straw based power projects.

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Steps To Reduce Cost Of Production And Import Of Coal

Steps To Reduce Cost Of Production And Import Of Coal

Union Minister of Railways and Coal Shri Piyush Goyal in a written reply to a question in Rajya Sabha on Friday listed some of the measures being taken to bring down the cost of production by Coal India Limited (CIL)

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Piyush Goyal On Compensation To Coal Mine Workers

Piyush Goyal On Compensation To Coal Mine Workers

Minister of Railways and Coal Piyush Goyal in a written reply to a question in Rajya Sabha on Friday Said all the employees of Coal mines, which are proposed to be closed down by subsidiaries of CIL, are being redeployed to other operative coal mines of the same Area or other Areas for their gainful utilization.

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Bidding System For Coal Mines

Bidding System For Coal Mines

Union Minister of Railways and Coal Piyush Goyal in a written reply to a question in Rajya Sabha informed the upper house that under the provisions of the Coal Mines (Special Provisions) Act, 2015, auction of coal mines is conducted in an electronic platform through a transparent mechanism.

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Praj In Advanced Stage Of Discussion To Set Up Two 2nd Gen Ethanol Plants In EU

Praj In Advanced Stage Of Discussion To Set Up Two 2nd Gen Ethanol Plants In EU

Pune-based Praj Industries is in advanced stage of discussion to set up second generation ethanol plants in two counties of the European Union.

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Venezuela's PDVSA Sues Oil Traders Over Corruption Scheme -lawyer

Venezuela's PDVSA Sues Oil Traders Over Corruption Scheme -lawyer

Venezuelan state oil company PDVSA has sued a group of oil trading companies through a U.S. trust over a multi-billion dollar corruption scheme to buy petroleum products below market value, the lawyer representing the trust said on Thursday.

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ONGC To Sell OPaL Stake To Fund HPCL Buy

ONGC To Sell OPaL Stake To Fund HPCL Buy

State-owned Oil and Natural Gas Corp may sell stake in its mega petrochemical project in Gujarat to fund acquisition of Hindustan Petroleum Corp Ltd (HPCL), a senior official said.

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Iran's March Oil Exports Fall To Two-Year Low As Asia Demand Eases -Source

Iran's March Oil Exports Fall To Two-Year Low As Asia Demand Eases -Source

Iran's crude and condensate exports are set to fall to a two-year low this month as loadings for its main Asian buyers will tumble by one-third from the previous month, said a person with knowledge of the country's tanker loading schedule.

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Shell Looks To Meet Growth In LNG Trucking In Asia

Shell Looks To Meet Growth In LNG Trucking In Asia

Royal Dutch Shell is planning to build a truck loading facility at its Hazira liquefied natural gas (LNG) terminal on India's west coast as it looks to meet demand from industrial users, a top company official said on Friday.

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Close To 80% Indian Households Now Have LPG Access: Report

Close To 80% Indian Households Now Have LPG Access: Report

Close to 80 percent of the Indian households use cooking gas in the country as compared to the 56 percent just three years ago.

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Ind-Ra: Higher LNG Prices To Impact Urea Production Beyond Reassessed Capacity

Ind-Ra: Higher LNG Prices To Impact Urea Production Beyond Reassessed Capacity

India Ratings and Research (Ind-Ra) opines the recent increase in term-LNG prices due to higher crude oil and spot LNG prices, driven by increased purchases from China, has led to higher pooled natural gas prices for the fertiliser sector.

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Over 1,800 Bridges In Gujarat To Get Stronger Crash Barriers

Over 1,800 Bridges In Gujarat To Get Stronger Crash Barriers

The Gujarat government has decided to install stronger ‘W’ type crash barriers along bridges on rivers and other water bodies to ensure that vehicles don’t plunge off them in case of accidents.

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60 Trains To Lucknow

Railway Starts Taking Safety Precautions For Summer

East Coast Railway (ECoR) zone spread over Odisha and parts of Andhra Pradesh and Chhattisgarh has started taking preventive measures to tackle upcoming summer.

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All NWR Rly Stns To Have LED Lights By March 31

All NWR Rly Stns To Have LED Lights By March 31

In an eco-friendly measure and also to save energy, North Western Railway (NWR) is aiming at having LED lights at every railway station under four divisions – Jaipur, Ajmer, Jodhpur and Bikaner by March, 31, 2018.

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New Jalpaiguri-howrah Shatabdi Express Gets ‘swanky’ Upgrade Under Operation Swarn; All You Want To Know

New Jalpaiguri-howrah Shatabdi Express Gets ‘swanky’ Upgrade Under Operation Swarn; All You Want To Know

New Jalpaiguri-Howrah Shatabdi Express is now ‘Gold Standard’! Indian Railways under its Operation Swarn is upgrading as many as 14 Rajdhani Express and 15 Shatabdi trains at an average cost of Rs 50 lakh per train.

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Cochin Shipyard Is Sitting Pretty With Rs 10,000 Crore Order Pipeline

Cochin Shipyard Is Sitting Pretty With Rs 10,000 Crore Order Pipeline

Naval capex in the next decade is expected to rise three-fold to about Rs 3 lakh crore, out of which Rs 1.1 lakh crore is the opportunity pie. How are you positioning for it?

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Is Southern Railways Uninterested In Swachh Bharat Mission? Data Seems To Say So

Is Southern Railways Uninterested In Swachh Bharat Mission? Data Seems To Say So

Southern Railways seems to be least interested in Swachh Bharat mission. Among the 16 railway divisions it has fared poorly in collecting fines from those who have littered on its promises.

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Medical Emergency On The Mumbai Local? Rail Staff To Be Trained In First Aid!

Medical Emergency On The Mumbai Local? Rail Staff To Be Trained In First Aid!

The ‘golden hour’ refers to the one hour right after you suffer a traumatic injury, which is crucial for professional medical attention.

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Tori – Balumath Rail Line & Balumath-ccl Siding Dedicated To The Nation

Tori – Balumath Rail Line & Balumath-ccl Siding Dedicated To The Nation

On Completion Of The Complete Stretchof Tori-shivpur-kathotia Rail Line, Around 100 Mt Of Coal Will Be Evacuated Annually From North Karanpura Coalfield Of Jharkhand

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Replacement Of Old Rail Tracks

Replacement Of Old Rail Tracks

Railways Minister informed the Rajya Sabha on Friday that For the year 2017-18, a target of 3600 km in Complete Track Renewal (CTR) units has been kept for track renewal on Indian Railways.

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3675 Bridges Out Of 1.44 Lakh Bridges Repaied By Indian Railways

3675 Bridges Out Of 1.44 Lakh Bridges Repaied By Indian Railways

Indian Railways has undertaken repairs of 3675 bridges in the last five years, the Railway Minister Piyush Goyal informed the Rajya Sabhaon Friday.

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You Can Transfer Your Train Ticket To Someone Else, Here Is How

You Can Transfer Your Train Ticket To Someone Else, Here Is How

If you are holding a confirmed reservation ticket and for some reasons you cannot travel or have a change in plans, you can transfer it to another person or your family member.

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Govt Says Number Of Train Accidents Have Come Down

Govt Says Number Of Train Accidents Have Come Down

Union Minister of Railways, Piyush Goyal informed the Parliament on Friday that the number of consequential train accidents (including accidents at Unmanned Level Crossings mainly caused due to negligence of road vehicle users) have come down.

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168-Kilometre Bengaluru Suburban Railway Project Inches Forward

168-Kilometre Bengaluru Suburban Railway Project Inches Forward

The South Western Railways has prepared a pre-feasibility report for the long-pending Bengaluru suburban railway, which envisages an investment of Rs. 12,000 crore for the 168-kilometer network, nearly half of which will be elevated, Railway Minister Piyush Goyal said.

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