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October 17, 2018, Wednesday

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

Electricity Spot Prices May Continue To Rise In Near Term

Electricity Spot Prices May Continue To Rise In Near Term

With India bracing for a scorching summer, electricity spot prices will continue to surge in the near term, driven by both structural and seasonal reasons, Crisil Infrastructure Advisory said.

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Over 100 GW Of Renewable Energy Projects Will Be Under Implementation By Fiscal-end

Over 100 GW Of Renewable Energy Projects Will Be Under Implementation By Fiscal-end

The government estimates that over 100 GW of renewable energy projects will be under various stages of implementation before the current financial year ends.

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India Needs $125 Billion In Four Years To Meet Renewable Energy Target

India Needs $125 Billion In Four Years To Meet Renewable Energy Target

India needs $125-billion investments to more than double its renewable energy to the targeted 175 gigawatts in four years as the nation looks to move to cleaner energy.

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World leader to bid aggressively for India’s first ISTS solar projects

World leader to bid aggressively for India’s first ISTS solar projects

First Solar India, the Indian subsidiary of world’s largest solar panel manufacturer First Solar, plans to participate in India’s first inter-state transmission system (ISTS) bids for projects being invited by Solar Energy Corporation of India (SECI) and National Thermal Power Corporation (NTPC).

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CIL To Have Around 1,500 Railway Rakes In 7 Years: Goyal

CIL To Have Around 1,500 Railway Rakes In 7 Years: Goyal

The government today said state-owned CIL has the potential to invest around Rs 20,000 crore over the next five to seven years to own around 1,500 to 1,600 railway rakes.

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Power Minister R K Singh Assures All Possible Support For 24*7 Power Supply In Meghalaya

Power Minister R K Singh Assures All Possible Support For 24*7 Power Supply In Meghalaya

R K Singh meets Chief Minister of Meghalaya, Conrad Kongkal Sangma

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India to achieve 60 GW wind capacity before 2022, say manufacturers

India To Achieve 60 Gw Wind Capacity Before 2022, Say Manufacturers

The Indian wind industry is on course to achieve the government's 60 GW capacity target ahead of the 2022 deadline as it has already crossed 34 GW mark, the Indian Wind Turbine Manufacturers Association (IWTMA) said today.

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Modi, Oli To Lay Foundation Of 900MW Power Project In Nepal

Modi, Oli To Lay Foundation Of 900MW Power Project In Nepal

Indian Prime Minister Narendra Modi and his Nepalese counterpart KP Sharma Oli will jointly lay the foundation stone of the 900 MW Arun III hydropower project during a meeting in New Delhi on April 7.

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BSES, SECI Sign Power Sale Agreements; Likely To Help Delhi's Peak Energy Demand

BSES, SECI Sign Power Sale Agreements; Likely To Help Delhi's Peak Energy Demand

Power sale agreements have been signed by the BSES discoms with the SECI to procure 200 MW of wind energy, a move which would be helpful in effectively meeting Delhi's peak power demand, a spokesperson of the BSES said.

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State Will Set Up Steel Plant At Bayyaram: KTR

State Will Set Up Steel Plant At Bayyaram: KTR

Lashing out at the Central government for failing to act on the proposal to set up an integrated steel factory in Bayyaram, Minister for Industries, IT, Mines and Geology K. T.

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ONGC Bargains 12% Discount On Insurnace Premium

ONGC Bargains 12% Discount On Insurnace Premium

In spite of hardening oil and gas prices, flagship explorer ONGC will pay 12% less annual premium for insuring its offshore assets, an indication of trust reposed by overseas re-insurers in the state-run company’s safety and operational policies.

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GAIL (India) To Be Split

GAIL (India) To Be Split

A splitting of GAIL (India) into pipeline and gas-marketing entities seems imminent as the government has come to the view that it is necessary to create a gas-trading hub in the country and bring in transparency in price determination through an exchange.

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Petrofac Secures Further India EPC Award

Petrofac Secures Further India EPC Award

Petrofac has received a letter of award from Vedanta Limited for its Raageshwari Deep Gas Field Development Project located in Barmer, Rajasthan, India.

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Petrol At Rs 73.95 A Litre In Delhi, Highest Since September 2013

Petrol At Rs 73.95 A Litre In Delhi, Highest Since September 2013

Petrol prices continued to spiral on Tuesday, touching a nearly five year high of Rs 73.95 per litre in Delhi. The previous high in the capital was Rs 74.10 a litre in September 2013.

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IGL Provides Record 150,000 Cooking Gas Connections

IGL Provides Record 150,000 Cooking Gas Connections

Indraprastha Gas Ltd, the firm that supplies CNG to automobiles and piped cooking gas to households in the national capital, today said it provided a record 1.5 lakh new cooking gas connections in the financial year ended March 31.

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Indonesian City Declares Emergency After Oil Spill

Indonesian City Declares Emergency After Oil Spill

Indonesia has declared a state of emergency around a port on Borneo island, officials said on Tuesday, after a large oil spill and fire killed four people at the weekend.

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Iraq Starts Work On 70,000 Bpd Expansion Of Southern Oil Refinery - Oil Ministry

Iraq Starts Work On 70,000 Bpd Expansion Of Southern Oil Refinery - Oil Ministry

Iraq has started work on expanding its oil refinery near the southern city of Basra by adding 70,000 barrels per day to processing capacity, the oil ministry said on Tuesday.

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PM To Inaugurate Eastern Peripheral Expressway This Month: Gadkari

PM To Inaugurate Eastern Peripheral Expressway This Month: Gadkari

India's first smart and green highway, the Eastern Peripheral Expressway (EPE), which consumed 5 lakh tonne of cement and 1 lakh tonne of steel, will be inaugurated by Prime Minister Narendra Modi this month, Union minister Nitin Gadkari said today.

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First India-Bangladesh Container Train Flagged Off

First India-Bangladesh Container Train Flagged Off

The trial run of the first container train to run between Kolkata and Dhaka was flagged off on Tuesday.

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Govt Spends $18 Billion On Building Roads Ahead Of Lok Sabha Elections

Govt Spends $18 Billion On Building Roads Ahead Of Lok Sabha Elections

India invested a record Rs 1.16 trillion ($18 billion) in the financial year ending March, to develop highways and improve road connectivity across the nation, according to a statement from the ministry of road transport and highways.

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ICF Sets Manufacturing Target Of 3,000 Train Coaches This Fiscal; Sets New Record In 2017-18

ICF Sets Manufacturing Target Of 3,000 Train Coaches This Fiscal; Sets New Record In 2017-18

Integral Coach Factory, one of the earliest production units of independent India, is now gunning for a hat-trick.

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CR Promises Increased Speeds On Harbour Line Soon

CR Promises Increased Speeds On Harbour Line Soon

Central Railway (CR) today said efforts to increase the speed of local trains on the Harbour line of Mumbai suburban network were on.

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Now, Pay As You Please For Western Railway Loos

Now, Pay As You Please For Western Railway Loos

In a first of its kind move, Western Railway (WR) has introduced the concept of 'pay as you please' for the urinals on its suburban stations.

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Central Railway Closer To Flood-free Tracks This Monsoon

Central Railway Closer To Flood-free Tracks This Monsoon

Out of the 76 locations prone to waterlogging between the Central Railway's (CR) Chhatrapati Shivaji Maharaj Terminus and Kalyan/Panvel stations, the Railway authorities claim to have completed work on 50 of the locations and expect to complete work on another 19 locations by April 20.

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Central Railway Earmarks Rs 10cr For Pune Station Development

Central Railway Earmarks Rs 10cr For Pune Station Development

The city’s railway station is set to get a Rs10 crore touch-up by the end of the year.

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Bharat Bandh Costs Railways’ Ferozepur Division Rs 1.98 Crore In Passenger Refunds

Bharat Bandh Costs Railways’ Ferozepur Division Rs 1.98 Crore In Passenger Refunds

Dalit protests during Monday’s Bharat Bandh have cost Ferozepur division of the railways Rs 1.98 crore in refunds to passengers of mail express as well as passengers trains.

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