Power & Energy News Monthly Archive February 2018

FEB 28 2018

M&M partners LG chem for collaboration in power storage tech

  • ET Bureau, ETEnergyWorld / New Delhi, 28th February 2018 Published on : 28th February 2018
  • Created:Wed 28th FEB 2018

  Indian automaker Mahindra & Mahindra and Korean battery manufacturer LG Chem signed a deal to collaborate in the field of advanced lithium-ion power storage technology.LG Chem ...

FEB 28 2018

SUN Mobility to spend Rs 16.7 bn on charging infra for electric vehicles

  • T E Narasimhan, Business Standard / Chennai, 28th February 2018 Published on : 28th February 2018
  • Created:Wed 28th FEB 2018

  Chetan Maini promoted SUN Mobility is planning to invest Rs 16.7 billion to create charging infrastructure for electric vehicles in Andhra Pradesh. The company is promoted by Maini, ...

FEB 28 2018

Hyundai unveils Nexo, Ioniq EVs at business summit

  • PTI, Live Mint / Mumbai, 28th February 2018 Published on : 28th February 2018
  • Created:Wed 28th FEB 2018

  South Korean auto giant Hyundai on Tuesday unveiled two electric vehicles (EVs)—Nexo and Ioniq—at a business summit in New Delhi. The next-gen fuel cell EV Hyundai Nexo ...

FEB 28 2018

Bombay HC rules in ONGCs favour in dispute over contract cancellation

  • Maulik Vyas, Live Mint / 28th February 2018 Published on : 28th February 2018
  • Created:Wed 28th FEB 2018

  The Bombay High Court has ruled in favour of Oil and Natural Gas Corp. (ONGC) after a vendor sued the energy firm for cancelling a Rs1,000 crore contract. Core Offshore ...

FEB 28 2018

BPCL may sell up to 24% in Bina Refinery in Madhya Pradesh

  • Kalpana Pathak, Live Mint / Mumbai, 28th February 2018 Published on : 28th February 2018
  • Created:Wed 28th FEB 2018

  National oil companies of Oman, Kuwait and Abu Dhabi are in talks to buy up to 24% stake in Madhya Pradesh’s Bina refinery, two people aware of the development ...

FEB 28 2018

CPCL's Rs 3,110 crore residue upgradation project goes on stream

  • PTI, ETEnergyWorld / Chennai, 28th February 2018 Published on : 28th February 2018
  • Created:Wed 28th FEB 2018

  Union Petroleum Minister Dharmendra Pradhan today formally launched the Rs 3,110 crore residue upgradation project of Indian Oil Group company, Chennai Petroleum Corporation Ltd, ...

FEB 28 2018

Reliance Industries may shut KG-D6 Blocks MA Field by October

  • Sanjeev Choudhary, ETEnergyWorld / New Delhi, 28th February 2018 Published on : 28th February 2018
  • Created:Wed 28th FEB 2018

  Reliance Industries will likely stop producing from its MA field in the KGD6 block by October following continuous decline in output for years, according to multiple people familiar ...

FEB 28 2018

Assam-based Numaligarh Refinery Ltd finds new market in US for wax

  • Bikash Singh, ETEnergyWorld / Guwahati, 28th February 2018 Published on : 28th February 2018
  • Created:Wed 28th FEB 2018

  Assam-based Numaligarh Refinery Limited (NRL) has made an entry into the North American market, dispatching a consignment of 80 metric tonnes (MT) of wax to the United ...

FEB 28 2018

HC pulls up Centre for capping coal mine for Sasan Power Ltd

  • PTI, ETEnergyWorld / New Delhi, 28th February 2018 Published on : 28th February 2018
  • Created:Wed 28th FEB 2018

  The Delhi High Court has pulled up the Centre for its decision to cap the mining of coal at 17 MTPA from two mines by Sasan Power Ltd, a Reliance Power subsidiary, to run their ...

FEB 28 2018

Transmission constraints affecting power supply in India: Power Secy A K Bhalla

  • PTI, ETEnergyWorld / New Delhi, 28th February 2018 Published on : 28th February 2018
  • Created:Wed 28th FEB 2018

  India is a power surplus country but electricity does not reach all regions due to network constraints in some states, a senior official said. "The installed power ...

FEB 28 2018

RPower's Sasan plant gets govt permission to mine 18 mn tonne coal

  • PTI, ETEnergyWorld / New Delhi, 28th February 2018 Published on : 28th February 2018
  • Created:Wed 28th FEB 2018

  Reliance Power said that its 3,960 MW Sasan ultra mega power project has got the permission from the coal ministry to increase mining output by a million tonnes every year to 18 ...

FEB 28 2018

AIIB approves $1.5 bln in loans to India for infrastructure projects

  • Reuters, ETEnergyWorld / New Delhi, 28th February 2018 Published on : 28th February 2018
  • Created:Wed 28th FEB 2018

  Beijing-based Asian Infrastructure Investment Bank (AIIB) has approved $1.5 billion in loans to India for infrastructure-related projects in 2018, a senior official of the AIIB said ...

FEB 28 2018

In solar, electric cars and digitalisation, ABB has the Power to Grow

  • Ashutosh Shyam, ETEnergyWorld / 28th February 2018 Published on : 28th February 2018
  • Created:Wed 28th FEB 2018

  At a time when new orders are shrinking due to low capacity utilisation in the private sector, ABB India, an Indian subsidiary of Zurich-based ABB, is increasing its focus on ...

FEB 28 2018

No load-shedding and power cuts in Kerala this summer, says govt

  • PTI, ETEnergyWorld / Thiruvananthpuram, 28th February 2018 Published on : 28th February 2018
  • Created:Wed 28th FEB 2018

  Kerala Government today said that there would be no power cuts and load-shedding during the coming summer months. The Kerala State Electricity Board and its officials have ...

FEB 28 2018

Anert launches app for first-ever renewable energy census campaign

  • TNN, ETEnergyWorld / Thiruvananthpuram, 28th February 2018 Published on : 28th February 2018
  • Created:Wed 28th FEB 2018

  Agency for Nonconventional Energy and Rural Technology (Anert) has launched the first-ever renewable energy census campaign in the country. A mobile application (app) has been ...

FEB 28 2018

Bill on 'right to electricity' likely in monsoon session

  • ET Bureau, ETEnergyWorld / New Delhi, 28th February 2018 Published on : 28th February 2018
  • Created:Wed 28th FEB 2018

  The government is planning to introduce a bill in the monsoon session of Parliament which proposes to make right to electricity a reality and hold the distributors accountable for ...

FEB 28 2018

Up to Rs 4,000 cashback on timely payment of BSES electricity bills

  • IANS, ETEnergyWorld / New Delhi, 28th February 2018 Published on : 28th February 2018
  • Created:Wed 28th FEB 2018

  In a move to encourage digital payment of electricity bills on time, BSES on Tuesday announced a cashback scheme under which consumers stand to benefit by up to Rs 4,000 on March ...

FEB 28 2018

Solar Energy Corporation allocates 50 Mw wind power capacity to Odisha

  • Nirmalya Behera, Business Standard / Bhubaneshwar, 28th February 2018 Published on : 28th February 2018
  • Created:Wed 28th FEB 2018

  The Solar Energy Corporation of India (SECI) has allocated 50 Megawatt (Mw) wind power capacity to Odisha to meet the state’s Renewable Purchase Obligations (RPO) for ...

FEB 28 2018

3.5 Gw of solar tenders in limbo, thanks to tax and regulatory niggles

  • Shreya Jai, Business Standard / New Delhi, 28th February 2018 Published on : 28th February 2018
  • Created:Wed 28th FEB 2018

  Lack of clarity over tax and regulations in the solar sector has pushed close to 3.5 Gigawatt of tenders to cancellation or delay for more than a year now. Of this, 980 Megawatt ...

FEB 28 2018

After pipelines, electric transmission line project spooks Varthur residents

  • Staff Reporter, The Hindu / Bengaluru, 28th February 2018 Published on : 28th February 2018
  • Created:Wed 28th FEB 2018

  After a long, rather unsuccessful tussle to have a pipeline through Varthur lake stopped, residents around the severely-polluted lake have found that the Minor Irrigation Department ...