Power & Energy News Monthly Archive July 2017

JUL 31 2017

Petrol pumps in Delhi to get vapour recovery systems by September

  • TNN, ETEnergyWorld / New Delhi, 31st July 2017 Published on : 31st July 2017
  • Created:Mon 31st JUL 2017

  Delhi may get vapour recovery systems at all its petrol pumps by September 30, 2017. Delhi environment minister Imran Hussain on Saturday reviewed the progress on their installation ...

JUL 31 2017

Technology needs to be sustainable, accessible, affordable: Dharmendra Pradhan

  • ANI, ETEnergyWorld / Gandhinagar, 31st July 2017 Published on : 31st July 2017
  • Created:Mon 31st JUL 2017

  Union Minister of Petroleum Dharmendra Pradhan stressed on the need to scale up technology in India, adding that it should encompass three main features- sustainability, ...

JUL 31 2017

Farzad B gas field row: Not obligated to give deal to India, says Iran

  • TNN, ETEnergyWorld / New Delhi, 31st July 2017 Published on : 31st July 2017
  • Created:Mon 31st JUL 2017

   Despite India willing to invest as much as $11 billion to develop Iran’s Farzad B gas field, the war of words between the two countries has only intensified with Tehran ...

JUL 31 2017

ONGC seeks market freedom to open Indias 8th sedimentary basin

  • PTI, Live Mint / New Delhi, 31st July 2017 Published on : 31st July 2017
  • Created:Mon 31st JUL 2017

  State-owned Oil and Natural Gas Corp (ONGC) has sought pricing and marketing freedom to help bring to production a one-trillion cubic feet gas discovery that will open up a new ...

JUL 31 2017

Centre planning to make revisions in petrochem industrial region policy

  • Rutam Vora, The Hindu Business Line / Ahmedabad, 31st July 2017 Published on : 31st July 2017
  • Created:Mon 31st JUL 2017

  The Union Ministry of Chemicals and Fertilisers is planning to revise the Petroleum, Chemicals and Petrochemicals Industrial Region (PCPIR) policy 2007 after three of the four ...

JUL 31 2017

HPCL may shelve plans to buy stakes in Russian oilfields

  • Tanya Thomas, The Hindu Business Line / Mumbai, 31st July 2017 Published on : 31st July 2017
  • Created:Mon 31st JUL 2017

  With oil explorer ONGC’s acquisition of HPCL now well on track to be completed by this fiscal, the latter’s plans to pick up stakes in upstream fields in Russia will be ...

JUL 31 2017

Oil Ministrys Rs. 2.7-lakh-cr refinery remains on paper

  • Rahul Wadke, The Hindu Business Line / Mumbai, 31st July 2017 Published on : 31st July 2017
  • Created:Mon 31st JUL 2017

  The Oil Ministry’s grand plans to set up a Rs. 2.7-lakh-crore-plus refinery and petrochemical complex in Ratnagiri, Maharashtra, is stuck to the drawing board, seven years ...

JUL 31 2017

IOC conducts awareness campaign to check quality, quantity

  • Special Correspondent, The Hindu / Salem, 31st July 2017 Published on : 31st July 2017
  • Created:Mon 31st JUL 2017

  As part of the initiative to create awareness among consumers on quality and quantity checks at the retail outlets, the Indian Oil Corporation Limited (IOCL) Salem divisional office ...

JUL 31 2017

HPCL stake to ONGC sale: Government seeks bids for bankers, legal firms for Rs 28,000 cr deal

  • PTI, The Financial Express / New Delhi, 31st July 2017 Published on : 31st July 2017
  • Created:Mon 31st JUL 2017

   Kicking off the process for sale of HPCL stake to ONGC, the government has invited bids for appointing merchant bankers and legal consultants for the Rs 28,000-crore ...

JUL 31 2017

Startups to enable citizen participation in public governance with data

  • Megha Mandvia, ETEnergyWorld / Mumbai, 31st July 2017 Published on : 31st July 2017
  • Created:Mon 31st JUL 2017

  Chandrapur district in Maharashtra - rich in natural resources of lime and coal - boasts of one of Asia's largest thermal power plants and several cement factories. ...

JUL 31 2017

Major relief for solar power developers: Projects deadline extended

  • Source : Kaavya Chandrasekaran, ETEnergyWorld / New Delhi, 31st July 2017 Published on : 31st July 2017
  • Created:Mon 31st JUL 2017

  The government has granted major relief to solar power developers, allowing deadlines for project development to be extended in cases where there were delays caused by circumstances ...

JUL 31 2017

Tangedco set to tap 15,000 MW green power in two years

  • B Sivakumar, ETEnergyWorld / Chennai, 31st July 2017 Published on : 31st July 2017
  • Created:Mon 31st JUL 2017

  Tamil Nadu discom could look forward to tapping renewable energy to its fullest potential of 15,000 MW (including 2,000 MW that is being installed) two years from now when a ...

JUL 31 2017

Rajasthan govt approves new policy for power connections to small and marginal farmers

  • TNN, ETEnergyWorld / Jaipur, 31st July 2017 Published on : 31st July 2017
  • Created:Mon 31st JUL 2017

  Rajasthan government has approved agriculture connection policy-2017 for power connections to small and marginal farmers. As per the new provisions, small and marginal ...

JUL 31 2017

CleanMax Solar eyes 40% revenue from overseas business in 3 yrs

  • PTI, ETEnergyWorld / Mumbai, 31st July 2017 Published on : 31st July 2017
  • Created:Mon 31st JUL 2017

  Looking to tap the growing rooftop solar market in the Middle East and South-East Asia, CleanMax Solar is eyeing up to 40 per cent of revenues from overseas business in the next 3 ...

JUL 31 2017

Delhi's Rajghat thermal power plant set to be turned into energy museum

  • TNN, ETEnergyWorld / New Delhi, 31st July 2017 Published on : 31st July 2017
  • Created:Mon 31st JUL 2017

   The Rajghat thermal power plant is slated to be turned into an “energy museum.” The coal-based plant, whose current units were commissioned in 1989, has been lying ...

JUL 31 2017

Cut power losses to below 10 per cent in 6 months, Centre tells states

  • Sarita Singh, ETEnergyWorld / New Delhi, 31st July 2017 Published on : 31st July 2017
  • Created:Mon 31st JUL 2017

   The Union power ministry has asked states to slash electricity losses due to theft and technical reasons to below 10% within six months, an ambitious target given that some ...

JUL 31 2017

IDFC infrastructure fund set to buy First Solars India portfolio for $300 million

  • Arijit Barman, ETEnergyWorld / Mumbai, 31st July 2017 Published on : 31st July 2017
  • Created:Mon 31st JUL 2017

  The infrastructure fund of multi-asset manager IDFC Alternatives is set to make its biggest acquisition till date by taking over the entire 200 megawatts of First Solar’s ...

JUL 31 2017

Sembcorp looks to refinance India power units Rs3,000 crore debt

  • Swaraj Singh Dhanjal, Live Mint / 31st July 2017 Published on : 31st July 2017
  • Created:Mon 31st JUL 2017

  Singapore-based power producer Sembcorp Industries Ltd is looking to refinance long-term debt worth Rs3,000 crore (about $470 million) of its Indian thermal power unit Sembcorp ...

JUL 31 2017

NTPC net profit up 11% at Rs. 2,595 cr

  • Our Bureau, The Hindu Business Line / New Delhi, 31st July 2017 Published on : 31st July 2017
  • Created:Mon 31st JUL 2017

  Public sector undertaking and the country’s largest power producer NTPC Ltd has reported a Rs. 2,595.25 crore net profit for the first quarter of 2017-2018. This is ...

JUL 31 2017

Competitive bidding positive for wind industry in the long run

  • Ksenia Kondratieva, The Hindu Business Line / Mumbai, 31st July 2017 Published on : 31st July 2017
  • Created:Mon 31st JUL 2017

  Competitive bidding in the wind power segment, which has replaced the earlier feed-in tariffs where a fixed price was ensured for power producers, may put temporary pressure on wind ...