Power & Energy News Monthly Archive June 2018

JUN 29 2018

SEZs may throw a spanner in the works for proposed safeguard duty on imported solar cells

  • Twesh Mishra, The Hindu Business Line / New Delhi, 29th June 2018 Published on : 29th June 2018
  • Created:Fri 29th JUN 2018

  A proposal seeking safeguard duty on imported solar cells and modules could get derailed due to difference among manufacturers on whether projects under Special Economic Zones ...

JUN 29 2018

MERC approves sale of Reliance Infrastructures Mumbai power business to Adani Transmission

  • PTI, The Financial Express / New Delhi, 29th June 2018 Published on : 29th June 2018
  • Created:Fri 29th JUN 2018

  Reliance Infrastructure today said the Maharashtra Electricity Regulatory Commission (MERC) has approved the 100 per cent stake sale in its integrated Mumbai power business to Adani ...

JUN 29 2018

5 states for buying 3,000 MW from power plants sans PPAs

  • Anupam Chatterjee, The Financial Express / New Delhi, 29th June 2018 Published on : 29th June 2018
  • Created:Fri 29th JUN 2018

  Gujarat, Maharashtra, Rajasthan, Bihar and Jharkhand together want to buy 3,000 MW of power under a government scheme to promote purchases from plants without PPAs. Under ...

JUN 28 2018

In race for the biggest electric vehicle battery plant, BYD steals a march

  • Bloomberg, ETEnergyWorld / 28th June 2018 Published on : 28th June 2018
  • Created:Thu 28th JUN 2018

  BYD is building what would become the world’s largest vehicle-battery factory next year in an effort by the Chinese electric-car maker to increase capacity and help revive ...

JUN 28 2018

Ethanol price hiked by Rs2.85/litre for 2018-19

  • PTI, Live Mint / New Delhi, 28th June 2018 Published on : 28th June 2018
  • Created:Thu 28th JUN 2018

  The government on Wednesday hiked the price of ethanol produced from C-molasses by Rs2.85 per litre to Rs43.70 for the new season starting December 2018, according to people in the ...

JUN 28 2018

Hydrocarbon E&P: Changes mulled in royalty, cess paid in pre-NELP era

  • Saurabh Kumar, The Financial Express / New Delhi, 28th June 2018 Published on : 28th June 2018
  • Created:Thu 28th JUN 2018

  Sharing of royalty and cess by contractors as per participating interest (PI) for blocks signed under the pre-New Exploration Licensing Policy (NELP) and allowing pricing freedom ...

JUN 28 2018

New strategic petroleum reserves to be set up in Karnataka, Odisha

  • Utpal Bhaskar, Live Mint / Mumbai, 28th June 2018 Published on : 28th June 2018
  • Created:Thu 28th JUN 2018

  The Union cabinet on Wednesday approved construction of an additional 6.5 million tonnes (mt) of strategic crude oil reserves, as part of India’s evolving energy security ...

JUN 28 2018

India to build two more strategic petroleum reserves: Piyush Goyal

  • Reuters, ETEnergyWorld / Mumbai, 28th June 2018 Published on : 28th June 2018
  • Created:Thu 28th JUN 2018

  The Cabinet on Wednesday approved establishment of two strategic petroleum reserves (SPRs) with a total capacity of 6.5 million tonnes (mt), interim Finance Minister Piyush Goyal ...

JUN 28 2018

It's important India cuts dependence on Iranian oil: Nikki Haley to PM Modi

  • Reuters, ETEnergyWorld / New Delhi, 28th June 2018 Published on : 28th June 2018
  • Created:Thu 28th JUN 2018

  US Ambassador to the United Nations Nikki Haley told India's Prime Minister Narendra Modi on Wednesday it was important India cut its dependence on Iranian oil and said the United ...

JUN 28 2018

State-run oil firms eye US crude in the wake of sanctions on Iran

  • Kalpana Pathak, Live Mint / Mumbai, 28th June 2018 Published on : 28th June 2018
  • Created:Thu 28th JUN 2018

  State-run oil marketing companies (OMCs) plan to firm up long-term crude supply contracts and increase spot purchase of crude oil from the United States, said sources from these ...

JUN 28 2018

Delhi issues order on charging security deposit on changed power load factor

  • PTI, ETEnergyWorld / New Delhi, 28th June 2018 Published on : 28th June 2018
  • Created:Thu 28th JUN 2018

  The Delhi government has issued orders for charging of security deposit on the changed portion of consumers' power load, thus saving them from paying extra to electricity ...

JUN 28 2018

Coal-fired power plants set to get renewed push

  • Nishtha Saluja, ETEnergyWorld / New Delhi, 28th June 2018 Published on : 28th June 2018
  • Created:Thu 28th JUN 2018

  Coal-fired power plants, often regarded as polluting relics in an era of clean energy, are making a comeback in the government’s thinking as an official study says the rapid ...

JUN 28 2018

Discoms must work like corporates

  • Our Bureau, The Hindu Business Line / New Delhi, 28th June 2018 Published on : 28th June 2018
  • Created:Thu 28th JUN 2018

  Power distribution companies (Discoms) in the country need to operate like corporate entities, according to Ajay Kumar Bhalla, Secretary, Ministry of Power. Speaking at an ...

JUN 28 2018

President Ram Nath Kovind launches Solar Charkha Mission

  • IANS, ETEnergyWorld / New Delhi, 28th June 2018 Published on : 28th June 2018
  • Created:Thu 28th JUN 2018

  President Ram Nath Kovind launched the Solar Charkha Mission here on Wednesday under which the government will disburse a subsidy of Rs 550 crore to thousands of artisans, ...

JUN 28 2018

India has embarked upon an ambitious plan to install 227 GW of renewable energy by 2022

  • FE Bureau, The Financial Express / New Delhi, 28th June 2018 Published on : 28th June 2018
  • Created:Thu 28th JUN 2018

  India has embarked upon an ambitious plan to install 227 GW of renewable energy by 2022. Solar energy forms more than 65% of this 227 GW dream. I call these targets ambitious since, ...

JUN 28 2018

Proposed NPDC imperative to bring structural changes in power distribution, says India Ratings

  • PTI, The Financial Express / New Delhi, 28th June 2018 Published on : 28th June 2018
  • Created:Thu 28th JUN 2018

  The proposed national power distribution company is imperative to bring structural changes in power ecosystem, India Ratings and Research (Ind-Ra) said today. The central government ...

JUN 28 2018

Ahead of the monsoon, BSES monsoon advisory to Delhi customers is here

  • IANS, The Financial Express / New Delhi, 28th June 2018 Published on : 28th June 2018
  • Created:Thu 28th JUN 2018

  Ahead of the monsoon, Delhi electricity distribution company (discom) BSES on Wednesday issued an advisory to public on simple safety precautions, while saying it is fully prepared ...

JUN 27 2018

GMDA officials to travel by electric cars from July 1

  • PTI, ETEnergyWorld / Gurugram, 27th June 2018 Published on : 27th June 2018
  • Created:Wed 27th JUN 2018

  To raise awareness on environment protection, Gurgaon Metropolitan Development Authority (GMDA) officials will start travelling by electric vehicles from July 1. The GMDA ...

JUN 27 2018

Govt officials refuse to use electric cars made by Mahindra, Tata Motors

  • Malyaban Ghosh, Live Mint / New Delhi, 27th June 2018 Published on : 27th June 2018
  • Created:Wed 27th JUN 2018

  Senior government officials have refused to use electric cars made by Mahindra and Mahindra Ltd and Tata Motors Ltd citing poor performance and low mileage, said three people aware ...

JUN 27 2018

SAD protests against "high" taxes on fuel by Punjab government

  • PTI, ETEnergyWorld / Chandigarh, 27th June 2018 Published on : 27th June 2018
  • Created:Wed 27th JUN 2018

  Opposition Shiromani Akali Dal today held state-wide protest dharnas against the "high" rate of taxes on petrol and diesel in Punjab. The protests were held at the district ...