Power & Energy News Monthly Archive June 2017

JUN 28 2017

Gas imports unlikely to fall for now

  • Twesh Mishra, The Hindu Business Line / New Delhi, 28th June 2017 Published on : 28th June 2017
  • Created:Wed 28th JUN 2017

  The objective of the recent Reliance-BP Plc investment plan may be to boost domestic gas production, but this may take some time. K Ravichandran, Senior Vice-President at ...

JUN 28 2017

ONGC gets green nod for exploratory drilling in KG basin

  • PTI, Live Mint / New Delhi, 28th June 2017 Published on : 28th June 2017
  • Created:Wed 28th JUN 2017

  State-owned Oil and Natural Gas Corp. (ONGC) has received environmental clearance for drilling five wells to explore shale gas and oil in the Krishna Godavari (KG) basin of Andhra ...

JUN 28 2017

Plans afoot to increase coal handling at Mormugao Port Trust: NGO

  • TNN, ETEnergyWorld / Panaji, 28th June 2017 Published on : 28th June 2017
  • Created:Wed 28th JUN 2017

  Alleging that the state and the central governments are planning to increase the coal handling capacity at the Mormugao Port Trust (MPT) berths from 12 million tonnes to 51 million ...

JUN 28 2017

LPG sales jump by record 9.8 per cent on Ujjwala push

  • PTI, The Financial Express / New Delhi, 28th June 2017 Published on : 28th June 2017
  • Created:Wed 28th JUN 2017

  LPG sales have jumped by 9.8 per cent in the fiscal year ended March 31 after the government gave a record number of cooking gas connections, most of them to poor ...

JUN 28 2017

Coal India receives higher e-auction realisations in June

  • Debjoy Sengupta, ETEnergyWorld / Kolkata, 28th June 2017 Published on : 28th June 2017
  • Created:Wed 28th JUN 2017

  Coal India has received higher e-auction realisations this month for coal sold on long-term contracts to the captive power plants. Captive power plants lapped up 80% of the coal ...

JUN 28 2017

Govt stitches rescue plan for Tata, Adani power plants

  • Sanjay Dutta, ETEnergyWorld / New Delhi, 28th June 2017 Published on : 28th June 2017
  • Created:Wed 28th JUN 2017

  The biggest rescue package being stitched together for distressed power plants could see lenders take over three imported coal-fired generation stations of ...

JUN 28 2017

Corporatise 7 Coal India subsidiaries as independent firms: NITI Aayog

  • Shreya Jai, Business Standard / New Delhi, 28th June 2017 Published on : 28th June 2017
  • Created:Wed 28th JUN 2017

  Estimating 100 per cent energy access by 2040 when independent India turns 100, government’s think tank NITI Aayog has enlisted several measures to achieve energy security ...

JUN 28 2017

Solar power helps pump up petrol sales amid power shortage

  • Sanjeev Choudhary, ETEnergyWorld / New Delhi, 28th June 2017 Published on : 28th June 2017
  • Created:Wed 28th JUN 2017

  Solar energy is displacing fossil fuels across the globe. But in India, it is helping boost sales of diesel and petrol at filling stations. As petrol pumps start using solar ...

JUN 28 2017

Indian Railways to add 400 Megawatt solar power capacity current fiscal

  • Anisha Dutta, ETEnergyWorld / New Delhi, 28th June 2017 Published on : 28th June 2017
  • Created:Wed 28th JUN 2017

  The Indian railways, which is working on an ambitious plan to reduce its dependence on conventional fuels and cut down energy bill, is planning to award 400 Megawatt (Mw) of solar ...

JUN 28 2017

The uneasy rise of renewable

  • R. Sree Ram, Live Mint / Chennai, 28th June 2017 Published on : 28th June 2017
  • Created:Wed 28th JUN 2017

  The sustained increase in renewable capacity additions may be unsettling conventional energy businesses. But the ambitious capacity addition targets may bring along execution ...

JUN 28 2017

Second unit of Kudankulam nuclear plant to restart generation soon

  • IANS, ETEnergyWorld / Chennai, 28th June 2017 Published on : 28th June 2017
  • Created:Wed 28th JUN 2017

  The second 1,000 MW unit at the Kudankulam Nuclear Power Project (KNPP) will restart generation soon, said a senior official of the Nuclear Power Corporation of India Ltd ...

JUN 28 2017

BHEL bags 15 Megawatt solar photovoltaic plant order in Gujarat

  • PTI, ETEnergyWorld / New Delhi, 28th June 2017 Published on : 28th June 2017
  • Created:Wed 28th JUN 2017

  State-run Bharat Heavy Electricals Ltd (BHEL) has secured an order for setting up a 15 MW solar photovoltaic power plant on EPC basis in Gujarat. Gujarat Alkalies and ...

JUN 28 2017

Cross-subsidy on power should go: Niti Aayog

  • Gireesh Chandra Prasad, Live Mint / New Delhi, 28th June 2017 Published on : 28th June 2017
  • Created:Wed 28th JUN 2017

  Federal policy think-tank Niti Aayog has pitched for letting power utilities realize full market price from all consumers by doing away with cross-subsidy provided to poor ...

JUN 28 2017

After Tatas, Adanis, Essar Power seeks rescue of its loss-making Gujarat plant

  • Ksenia Kondratieva, The Hindu Business Line / Mumbai, 28th June 2017 Published on : 28th June 2017
  • Created:Wed 28th JUN 2017

  Essar Power has joined Tata Power and Adani Power in the move to seek possible solutions for its imported coal-based thermal plant in Gujarat that has been making losses for the ...

JUN 28 2017

Daimlers Chennai plant to run on green power

  • G Balachandar, The Hindu Business Line / Chennai, 28th June 2017 Published on : 28th June 2017
  • Created:Wed 28th JUN 2017

  German auto maker Daimler will power its truck and bus manufacturing factory using renewable energy from next year. The 400-acre manufacturing campus of Daimler India Commercial ...

JUN 28 2017

Tata Power, Adani Power crisis-Mundra units on offer at Re 1: GUVNL says ready to take 100 pct stake

  • Anupam Chaterjee, The Financial Express / 28th June 2017 Published on : 28th June 2017
  • Created:Wed 28th JUN 2017

  Gujarat’s state-run power utility GUVNL has expressed its willingness to take ownership of the troubled plants of Tata Power and Adani Power in the state but only if 100% ...

JUN 28 2017

Bihar bets big on nuclear power; plans 3,000 MW plant

  • PTI, The Financial Express / Mumbai, 28th June 2017 Published on : 28th June 2017
  • Created:Wed 28th JUN 2017

  In its attempt to become power surplus and increase the share of renewable energy, the Bihar government has planned to set up a nuclear plant of around 3,000 MW capacity at Rajauli ...

JUN 28 2017

Indian renewable market to witness strong growth: Moodys Investors Service

  • PTI, The Financial Express / Mumbai, 28th June 2017 Published on : 28th June 2017
  • Created:Wed 28th JUN 2017

  As India is moving towards meeting its commitments under the Paris agreement on climate change, its renewable energy market is likely to witness a strong growth over many years, ...

JUN 27 2017

HPCL keen to pick up stake in Russian oil fields

  • Bureau, The Hindu Business Line / 27th June 2017 Published on : 27th June 2017
  • Created:Tue 27th JUN 2017

  Public sector oil marketer Hindustan Petroleum Corporation Ltd (HPCL) is ready to throw its hat in the ring for a stake in Russian oil fields, a senior official at the company ...

JUN 27 2017

ONGC turns to GSPCs undersea infrastructure for KG gas output

  • PTI, The Financial Express / New Delhi, 27th June 2017 Published on : 27th June 2017
  • Created:Tue 27th JUN 2017

  Oil and Natural Gas Corporation (ONGC) plans to use undersea infrastructure of Gujarat firm GSPC to produce gas from its own KG-basin fields in the Bay of Bengal. ONGC last year ...