Power & Energy News Monthly Archive November 2017

NOV 29 2017

CPP Investment Board to buy 15 per cent in ReNew Power Ventures

  • Kaavya Chandrasekaran, ETEnergyWorld / Bengaluru, 29th November 2017 Published on : 29th November 2017
  • Created:Wed 29th NOV 2017

  CPP Investment Board is acquiring a 14-15% stake in Sumant Sinha-led ReNew Power Ventures for $350 million (Rs 2,250 crore), industry sources said, making the Canadian pension fund ...

NOV 29 2017

JBIC, OPIC MoU for infra, energy

  • Staff Reporter, The Hindu / Hydarabad, 29th November 2017 Published on : 29th November 2017
  • Created:Wed 29th NOV 2017

  The Japan Bank for International Cooperation (JBIC) and the Overseas Private Investment Corporation (OPIC) on Tuesday welcomed Indian companies to be a part of their projects in the ...

NOV 29 2017

PM Modi says Indias comprehensive National Energy Policy to be out soon

  • Bilal Abdi, ETEnergyWorld / New Delhi, 29th November 2017 Published on : 29th November 2017
  • Created:Wed 29th NOV 2017

  Prime Minister Narendra Modi today said India will soon have a comprehensive national energy policy and lauded the country’s clean energy programme under which renewables ...

NOV 29 2017

Ujjwal Discom Assurance Yojana (UDAY) scheme benefits yet to be felt; here is what the industry is pinning blame on

  • FE Bureau, The Financial Express / New Delhi, 29th November 2017 Published on : 29th November 2017
  • Created:Wed 29th NOV 2017

  The benefits of the Ujwal Discom Assurance Yojana (Uday) scheme are yet to be felt by the power sector, experts have said. Talking at an event conducted by KPMG here on Tuesday, ...

NOV 29 2017

Power Finance Corporation prices dollar bonds at 157.50 bps over US yield

  • Bhavik Nair, The Financial Express / Mumbai, 29th November 2017 Published on : 29th November 2017
  • Created:Wed 29th NOV 2017

  Power Finance Corporation (PFC) has priced its green dollar bonds at 157.50 basis points over the 10-year US Treasury yield to raise $400 million, sources aware of the deal ...

NOV 28 2017

Surya Roshni bags orders worth Rs. 73 cr from EESL

  • PTI, The Hindu Business Line / New Delhi, 28th November 2017 Published on : 28th November 2017
  • Created:Tue 28th NOV 2017

  Lighting firm Surya Roshni has bagged orders worth Rs. 73 crore for supply of LED street lights and fans from Energy Efficiency Services Ltd (EESL). “The company has ...

NOV 28 2017

Modi wants smog-free Delhi winter; new steps soon to tackle air pollution

  • A K Bhattacharya, Business Standard / New Delhi, 28th November 2017 Published on : 28th November 2017
  • Created:Tue 28th NOV 2017

  A package of measures to reduce air pollution levels significantly in the National Capital Region (NCR) around Delhi by the winter of 2018 is expected to be formulated soon and ...

NOV 28 2017

Clean energy taps limited CSR funding, report says

  • Bureau, Live Mint / Bengaluru, 28th November 2017 Published on : 28th November 2017
  • Created:Tue 28th NOV 2017

  Companies are quick to pledge efforts to push renewable energy but found wanting when it comes to making investments in clean energy initiatives under their corporate social ...

NOV 28 2017

India to auction 100GW of green energy contracts by March 2020

  • Utpal Bhaskar, Live Mint / New Delhi, 28th November 2017 Published on : 28th November 2017
  • Created:Tue 28th NOV 2017

  The ministry of new and renewable energy (MNRE) on Friday announced a clean energy rollout trajectory that will require awarding a mammoth 100 gigawatts (GW) of solar and wind ...

NOV 28 2017

30% premature deaths in India due to air pollution: CSE Report

  • IANS, ETEnergyWorld / New Delhi, 28th November 2017 Published on : 28th November 2017
  • Created:Tue 28th NOV 2017

  Highlighting major links between environment and health, a study released here on Monday held lifestyle diseases like obesity, mental health, cancer and heart diseases to count a ...

NOV 28 2017

Environment panel approaches oil companies against sale of petcoke

  • IANS, ETEnergyWorld / New Delhi, 28th November 2017 Published on : 28th November 2017
  • Created:Tue 28th NOV 2017

  The Supreme Court-appointed environment panel has directed oil companies to hand over a list of all their dealers to ensure that high-polluting petcoke and furnance oil is not ...

NOV 28 2017

Goa planning to introduce solar powered boats to revive river commute

  • Paul Fernandes, ETEnergyWorld / Panaji, 28th November 2017 Published on : 28th November 2017
  • Created:Tue 28th NOV 2017

  If things work out to a plan, Aldona residents could give up their bumpy bus journeys for a quiet, smoke-free cruise to work, shopping or other tasks in the capital on a ...

NOV 28 2017

Nagpur Metro to get solar power at less than Rs 4.50 a unit

  • Ashish Roy, ETEnergyWorld / Nagpur, 28th November 2017 Published on : 28th November 2017
  • Created:Tue 28th NOV 2017

  Nagpur Metro has decided to go in for captive solar power generation and will get it at Rs4.50 a unit. It will use costly conventional power in evening. Mahametro managing ...

NOV 28 2017

Government determined to not let Delhi smog-like situation recur: Environment Secretary C K Mishra

  • PTI, ETEnergyWorld / New Delhi, 28th November 2017 Published on : 28th November 2017
  • Created:Tue 28th NOV 2017

  The Centre is determined to not let the Delhi smog-like situation recur, Environment Secretary C K Mishra said here today and asserted that no single authority can be held ...

NOV 28 2017

Your Next Car Should Be an Electric Car, and Heres Why and How It Will Happen

  • Jovitha Aranha, The Brtterindia / 28th November 2017 Published on : 28th November 2017
  • Created:Tue 28th NOV 2017

  If you haven’t caught hold of the FICCI-Rocky Mountain Institute report on ‘Enabling India’s Transition to Electric Mobility,’ you must! This report ...

NOV 28 2017

GAIL is said to receive gazprom letter on LNG contract start

  • Bureau, ETEnergyWorld / New Delhi, 28th November 2017 Published on : 28th November 2017
  • Created:Tue 28th NOV 2017

  GAIL India Ltd. received notification from Russia’s Gazprom PJSC that it plans to start deliveries of liquefied natural gas through a contract the Indian buyer is trying to ...

NOV 28 2017

Mahindra & Mahindra to launch electric Scorpio by 2019

  • Deepanshu Taumar, ETEnergyWorld / New Delhi, 28th November 2017 Published on : 28th November 2017
  • Created:Tue 28th NOV 2017

  Home-grown automaker Mahindra & Mahindra is planning to bring an electric version of one of its best-selling SUVs – Scorpio. The carmaker is currently testing the electric ...

NOV 28 2017

IndianOil not to pass on entire BS-VI fuel cost to consumers

  • Twesh Mishra, The Hindu Business Line / New Delhi, 28th November 2017 Published on : 28th November 2017
  • Created:Tue 28th NOV 2017

  Indian Oil Corporation may not pass on the entire cost burden of Bharat Stage VI grade fuel to the consumers, though there will be a marginal increase in price. “The ...

NOV 28 2017

Natural gas pricing: Why Narendra Modi government must rethink rates

  • The Financial Express, The Financial Express / 28th November 2017 Published on : 28th November 2017
  • Created:Tue 28th NOV 2017

  On the face of things, with the government notifying norms for pricing of domestic natural gas, based on traded prices in well-known exchanges like Henry Hub in the US, India has ...

NOV 28 2017

ONGC officers seek PM Narendra Modi intervention to stall Oil Ministry move

  • PTI, The Hindu Business Line / New Delhi, 28th November 2017 Published on : 28th November 2017
  • Created:Tue 28th NOV 2017

  ONGC officers association has sought Prime Minister Narendra Modi’s intervention to stall Oil Ministry’s plan to sell the company’s producing oil and gas fields, ...