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AUG 20 2018

HPCL arm Prize Petroleum takes a 24.41 crore hit

  • Kalpana Pathak, Live Mint / Mumbai, 20th August 2018 Published on : 20th August 2018
  • Created:Mon 20th AUG 2018

  Bad prospects have forced state-run Hindustan Petroleum Corp. Ltd (HPCL) to relinquish 19 of its 21 exploration and production blocks, ending its upstream ambitions. In its 2017-18 ...

AUG 20 2018

Vedanta to invest $2.3 bn on oil and gas, increase reserve base by 375 mn barrels

  • PTI, The Financial Express / Hyderabad, 20th August 2018 Published on : 20th August 2018
  • Created:Mon 20th AUG 2018

  Vedanta Limited has said it will be investing USD 2.3 billion towards capex on its oil and gas activities in the ‘near term’ to increase the reserve base by around 375 ...

AUG 20 2018

ONGC repays a third of Rs 24,881 cr loan taken to buy HPCL

  • PTI, The Financial Express / New Delhi, 20th August 2018 Published on : 20th August 2018
  • Created:Mon 20th AUG 2018

  State-owned Oil and Natural Gas Corp (ONGC) will not sell its stake in IOC and GAIL in the near future as it has used internal resources to repay close to a third of the Rs 24,881 ...

AUG 20 2018

ONGC Videsh makes progress towards recovering $400-m dues from Sudan

  • Our Bureau, The Hindu Business Line / New Delhi, 20th August 2018 Published on : 20th August 2018
  • Created:Mon 20th AUG 2018

  ONGC Videsh Ltd (OVL) and the Government of Sudan have held talks on mitigating the issue of payment default to OVL. The talks progressed on August 7 when a Sudanese government ...

AUG 20 2018

Coal India expects 367 mt output from 115 projects in 2018-19

  • PTI, Live Mint / New Delhi, 20th August 2018 Published on : 20th August 2018
  • Created:Mon 20th AUG 2018

  State-run Coal India Ltd (CIL) expects 367 million tonne output by the end of the current financial year from its 115 ongoing projects. The publi sector undertaking accounts for ...

AUG 20 2018

Coal scam: JSPL refutes charges against Chairman Naveen Jindal

  • PTI, ETEnergyWorld / New Delhi, 20th August 2018 Published on : 20th August 2018
  • Created:Mon 20th AUG 2018

  As a Delhi court framed criminal conspiracy and other charges against JSPL Chairman Naveen Jindal, the company has said that allegations were "completely false, frivolous and devoid ...

AUG 20 2018

CAG pulls up SAIL for huge coking coal import despite 3 captive mines

  • PTI, ETEnergyWorld / New Delhi, 20th August 2018 Published on : 20th August 2018
  • Created:Mon 20th AUG 2018

  The government's audit watchdog CAG has pulled up steel giant SAIL for being heavily dependent on imported coking coal despite having three mines for captive use. State-run ...

AUG 20 2018

Solar panels to light up corporation's buildings in Chennai, save electricity

  • TNN, ETEnergyWorld / Chennai, 20th August 2018 Published on : 20th August 2018
  • Created:Mon 20th AUG 2018

  Greater Chennai Corporation’s long-delayed plan to install solar panels atop corporation-owned buildings has received approval from the state, enabling the civic body to tap ...

AUG 20 2018

Solar power capacity in Pavagada helps Karnataka top renewable energy list

  • Rohit B R, ETEnergyWorld / Pavagada, 20th August 2018 Published on : 20th August 2018
  • Created:Mon 20th AUG 2018

  There is a change in fortunes — for the better — for the people of Pavagada taluk, Tumakuru district, about 180km from India’s IT-BT-start-up capital of Bengaluru. ...

AUG 20 2018

Goa govt to launch tender for solar-powered ferry service soon

  • Nidda Sayed, ETEnergyWorld / Panaji, 20th August 2018 Published on : 20th August 2018
  • Created:Mon 20th AUG 2018

  The river navigation department (RND) is gearing up to add new ferries to its fleet. While three new ferries will ply on the existing routes, the government is also seeking bids to ...

AUG 20 2018

CEA working on optimizing power system cost for 2030

  • PTI, ETEnergyWorld / New Delhi, 20th August 2018 Published on : 20th August 2018
  • Created:Mon 20th AUG 2018

  The Central Electricity Authority (CEA) has undertaken a study to ascertain the cheapest power mix in 2030, its Chairman Pankaj Batra said.  "We are working on what should be ...

AUG 20 2018

Goa govt to launch tender for solar-powered ferry service soon

  • Nidda Sayed, ETEnergyWorld / Panaji, 20th August 2018 Published on : 20th August 2018
  • Created:Mon 20th AUG 2018

  The river navigation department (RND) is gearing up to add new ferries to its fleet. While three new ferries will ply on the existing routes, the government is also seeking bids to ...

AUG 20 2018

India's peak power deficit in April-July stood at 0.9 per cent: CEA

  • PTI, ETEnergyWorld / 20th August 2018 Published on : 20th August 2018
  • Created:Mon 20th AUG 2018

  India is still not power surplus as envisaged because peak power deficit in April-July was 0.9 per cent, while overall electricity deficit stood at 0.6 per cent during the 4-month ...

AUG 20 2018

Govt bets on power sector to meet divestment target

  • Sanjay Dutta, ETEnergyWorld / New Delhi, 20th August 2018 Published on : 20th August 2018
  • Created:Mon 20th AUG 2018

  With a strategic sale of public sector companies such as Air India (AI), Hindustan Copper and Mecon off the table until next summer’s general elections, the government is ...

AUG 20 2018

Banks refuse lending to private power companies' for parts upgrade

  • Sarita C Singh, ETEnergyWorld / New Delhi, 20th August 2018 Published on : 20th August 2018
  • Created:Mon 20th AUG 2018

  Banks have refused fresh lending to private power plants for upgradation of equipment to abide by mandatory emission norms, threatening the closure of 60 GW of operational and near ...

AUG 20 2018

Bajaj Group plans 3,000 crore IPO of power generation business

  • Swaraj Singh Dhanjal, Live Mint / Mumbai, 20th August 2018 Published on : 20th August 2018
  • Created:Mon 20th AUG 2018

  Bajaj Group plans to raise about 3,000 crore through an initial public offering (IPO) of its power generation business, said two people aware of the plans. The company is expected ...

AUG 20 2018

Reality check! Peak power deficit in April-July at 0.9%, overall electricity deficit stood at 0.6%

  • PTI, The Financial Express / New Delhi, 20th August 2018 Published on : 20th August 2018
  • Created:Mon 20th AUG 2018

  India is still not power surplus as envisaged because peak power deficit in April-July was 0.9 per cent, while overall electricity deficit stood at 0.6 per cent during the 4-month ...

AUG 14 2018

Life expectancy in India would rise by a year if India meets its pollution standards: Study

  • Sudheer Singh, ETEnergyWorld / New Delhi, 14th August 2018 Published on : 14th August 2018
  • Created:Tue 14th AUG 2018

  If India were to achieve its own air quality standards, life expectancy would increase by more than one year on average and this number would increase to four years if India were to ...

AUG 14 2018

Three-phase power supply for agricultural pumps for farmers in Vidarbha

  • Ashish Roy, ETEnergyWorld / New Delhi, 14th August 2018 Published on : 14th August 2018
  • Created:Tue 14th AUG 2018

  In view of inadequate rainfall in east Vidarbha, energy minister Chandrashekhar Bawankule has decided to provide three-phase power supply 12 hours a day to farm pumps of the six ...

AUG 14 2018

Pollution check: Supreme Court okays colour-coded stickers for vehicles

  • IANS, ETEnergyWorld / New Delhi, 14th August 2018 Published on : 14th August 2018
  • Created:Tue 14th AUG 2018

  The Supreme Court on Monday accepted Centre's proposal to have hologram-based colour-coded stickers on vehicles that would help in identifying automobiles running on various kinds ...