User: sattva_1 Topic: environmentset1
Category: energy
Last updated: Feb 22 2018 21:54 IST RSS 2.0
 
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Reliance Infrastructure wins EPC contract worth Rs 3647 crore 22.2.2018 General News
From TANGEDCO
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Founding conference of International Solar Alliance on March 11 22.2.2018 General News
The founding conference of the India-initiated International Solar Alliance (ISA) will be held here on March 11, it was announced on Thursday.
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India, France to co-host ISA Summit 22.2.2018 General News
India will co-host the first International Solar Alliance Summit with France on March 11 in the national capital, where at least 10 heads of state are expected to be present. Announcing details of the Summit, the government officials also said India will achieve 22 GW solar energy capacity by next month and should be able to meet its target of 100 GW by 2022. The International Solar Alliance (ISA) Summit, to be held at Rashtrapati Bhavan here, will see representation from over 120 countries and multilateral bodies like the UN, World Bank and ADB. The ISA is a treaty-based international body for promotion of solar energy in alliance with 121 countries, which are lying fully or partially between the Tropics of Cancer and Capricorn. "We are expecting heads of state from France, Sri Lanka, Seychelles, Ghana, Australia, Venezuela, Bangladesh and Fiji," T S Tirumurti, Secretary (Economic Relations) in Ministry of External Affairs, said here during a briefing on the ISA Summit. He said ...
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Adani Transmission bags Rajasthan project 22.2.2018 General News
Adani Transmission today said it has received a letter of intent (LOI) for one inter-state transmission project in Rajasthan. The company has received the LOI from PFC Consulting Ltd, an arm of Power Finance Corporation, to construct, own, operate and maintain the transmission project in the state of Rajasthan, a company statement said. The project 'Fatehgarh-Bhadla Transmission Limited' is primarily being constructed to wheel out renewable energy from Rajasthan to different beneficiaries within and outside of the state. This project has been awarded to Adani Transmission Ltd through a tariffbased competitive bidding process and will strengthen the company's existing presence in Rajasthan, the statement said.
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Essel Infraprojects to invest Rs 4,250 cr in EV venture 22.2.2018 General News
Essel Group firm Essel Infraprojects Limited (EIL) today announced its foray into electric vehicles (EV) segment with a planned investment of Rs 4,250 crore. EIL has inked Memorandum of Understanding to this effect at the UP Investors Summit in Lucknow, the company said in a statement. "EIL has committed an investment of Rs 3,000 crore for bringing out 1,000 E-buses from intrastate UP to the NCR region. In addition, Rs 500 crore will be used for development of e-rickshaw with battery charging and swapping stations," it added. The company further said will also be investing Rs 750 crore for development of bus terminus in the Uttar Pradesh, where it expects to generate more than 50,000 employment opportunities from its EV venture. Under the MoUs signed with the state government, Essel Infraprojects will cover sectors like energy, roads and tourism, the statement added. Besides, Essel has also pledged to invest in projects of waste management, water supply and smart cities in the state.
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3 major state PSUs incurred loss of Rs 981 cr in 2016-17: CAG 22.2.2018 General News
Three major public sector units, including Karnataka Neeravari Nigam Limited, incurred loss of Rs 981 crore to the state exchequer during 2016-17, according to a Comptroller and Auditor General report. The report, which was made public today, said the working state PSUs earned a profit of Rs 1,420.49 crore in the aggregate and incurred a loss of Rs 1,265.37 crore as per their latest finalised accounts at the end of September 2017. The Karnataka Rural Infrastructure Development Corporation Limited made a profit of Rs 109.88 crore. As per the report, the major loss making units were Karnataka Neeravari (irrigation) Nigam Limited under the Water Resources Department (Rs 476.88 crore), Hubli Electricity Supply Company Limited (Rs 372.73 crore) and Gulbarga Electricity Supply Company Limited (Rs 131.25 crore). In an example citing the reason for the losses, the audit report said the water resources department had introduced an incentive clause for contractors completing the ..
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India, France to jointly hold ISA Summit in March 22.2.2018 General News
Ministry of New and Renewable Energy (MNRE) Secretary Anand Kumar on Thursday said that Prime Minister Narendra Modi and France President Édouard Philippe will jointly hold an International Solar Alliance (ISA) Summit at the President house in New Delhi on March 11."It was conceived by India and jointly launch by India and France on the sidelines of Paris climate summit," Kumar said in a media briefing by the Ministry of External Affairs (MEA).The head of governments, representatives and ministers from 50 countries will also be attending the event.Kumar further said that two new programmes on scaling solar e-mobility and storage, and on rooftop solar will be inaugurated during the summit."French President will be here in New Delhi on March 11, he said, adding that, United Nations Secretary-General Antonio Guterres, Venezuelan President Nicolas Maduro and Bangladesh President Abdul Hamid will also take part.The ISA is the first treaty-based intergovernmental organisation to be based in
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Indian scientists develop next generation technology loop to generate clean energy 22.2.2018 Govt of india: PIB
Indian scientists have developed a super critical carbon di oxide Brayton test loop facility that would help generate clean energy from future power plants including solar thermal. This next generation technology loop was developed indigenously by Indian Institute of Science, Bangalore.
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Assam govt justifies power tariff hike proposal 22.2.2018 General News
The Assam government today, defending a recent proposal to hike power tariff, said 80 per cent of the state-run distribution company's annual budget is used for the purchase of electricity. The remaining 20 per cent is utilised for salary, operations and maintenance purposes of Assam Power Distribution Company Ltd (APDCL), the Minister of State for Power, Pallab Lochan Das, said in the Assembly. "The power tariff is decided on profit and loss of the distribution company. We need Rs 5,885 crore for running it this year, out of which 80 per cent will go only for purchase of power," he said. "The power purchase cost is higher in Assam as our own generation is very less. Our transmission cost is very high, Das said. "We are trying to reduce power purchase cost. The current rate is only to meet our expenses," he added. He also pointed out that power theft is a serious issue in the state and urged the ministers of other departments to look into the issue. "The agriculture ...
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DERC for tariff rationalisation, choice for consumers 22.2.2018 General News
Aiming to increase competition in the electricity supply market and give consumers an option to choose their power supplier, the Delhi Electricity Regulatory Commission (DERC) has come out with an approach paper. The commission has placed the approach paper in public domain and sought suggestions from stakeholders on its content. Presently the consumers can not choose their power supplier. Promoting competition will mean consumers would have the option to choose a supplier and new players would enter the market, the paper says. The objective of the approach paper is to examine the existing regulatory framework in electricity retail tariff and develop a strategy for creating competition in this market within the present legal framework of the Electricity Act, 2003. The approach paper also calls for "...creating a level playing field for the existing distribution licensees and the new incumbent players, who want to participate in retail supply of electricity." The tariff ...
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Coal Sector Denationalized 22.2.2018 Central Chronicle » Editorial
In the year 1973 Prime Minister Mrs.Indira Gandhi in a well guarded secret move nationalized... more »
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Train shortage, power demand to drive resurgence in India's coal imports 22.2.2018 General News
BAMBOLIM, India (Reuters) - Caught between logistical bottlenecks and surging demand from power plants, India will likely increase coal imports in 2018, industry executives said, in what would be a setback to the government's plans to cut the country's dependence on foreign supplies.
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Shri Nitin Gadkari calls for Innovation and Sharing of Resources, Information and Best Practices in the field of water conservation 22.2.2018 Govt of india: PIB
The Union Minister for Water Resources, River Development and Ganga Rejuvenation, Shri Nitin Gadkari has called upon research organizations to innovate in the area of water conservation and sustainable management of water resources.
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India 'strongly committed' to TAPI pipeline project: Akbar 22.2.2018 General News
India today said it was "strongly committed" to the USD 10 billion trans-national TAPI pipeline project that will help ease energy shortages in South Asia, but voiced concerns over the security and predictability of supply of gas and sought contractual assurances. Speaking at the 25th Session of Steering Committee on Implementation of Turkmenistan-Afghanistan-Pakistan-India (TAPI) pipeline project here, Minister of State for External Affairs M J Akbar said TAPI's uninterrupted gas flow will be extremely important for India's energy security. "Today, given the energy requirements in India, there are several gas pipeline proposals before us. We are, however, strongly committed to TAPI Pipeline project," he said. He recalled that Prime Minister Narendra Modi during his visit to Turkmenistan in July 2015 termed the TAPI Project as the "most significant initiative in our relationship". "The TAPI project is more than the sum of four nations' interests. It creates a benchmark for regional ...
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China denies holding talks with Baloch militants to protect CPEC 22.2.2018 General News
China today refuted a report that it is secretly holding talks with Baloch militants in Pakistan for more than five years to protect its USD 60 billion CPEC, and hoped that Pakistan will step up security for the ambitious project. "I have never heard the report mentioned by you," Chinese Foreign Ministry spokesman Geng Shuang said at a media briefing, when asked about the report by British newspaper Financial Times. Quoting three officials, the daily said China had been in direct contact with militants in the south-western province, where many of the scheme's most important projects are located. The 3,000-km-long CPEC is aimed at connecting China and Pakistan with rail, road, pipelines and optical cable fiber network. It connects China's Xinjiang province with Pakistan's Gwadar port in the volatile Balochistan where Baloch nationalists have staged a number of attacks. Pakistan military has raised a special force to protect thousands of Chinese nationals working on different ...
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Train shortage, power demand to drive resurgence in India's coal imports 22.2.2018 Reuters: Top News
BAMBOLIM, India (Reuters) - Caught between logistical bottlenecks and surging demand from power plants, India will likely increase coal imports in 2018, industry executives said, in what would be a setback to the government's plans to cut the country's dependence on foreign ...
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GOP rattled by Pennsylvania congressional race in the heart of Trump country 22.2.2018 LA Times: Nation

The dismayed laborers from shuttered coal yards and steel mills didn’t have to shift political allegiances to vote for President Trump in this part of the Rust Belt. They had been electing Republicans long before he showed up on the ballot.

That explains why party leaders in a congressional district...

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Stare-run companies Bharat Dynamics, IREDA get Sebi's go-ahead for IPO 22.2.2018 Business Standard: News Now
Bharat Dynamics was established in 1970 and is a manufacturer of guided missiles and allied defence equipment
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Bharat Dynamics, IREDA get Sebi's go-ahead for IPO 22.2.2018 General News
Two state-run companies -Bharat Dynamics and Indian Renewable Energy Development Agency (IREDA) - have received Sebi's go-ahead to float initial public offerings. Bharat Dynamics and IREDA had received observations from the Securities and Exchange Board of India (Sebi) on February 15 and February 16, respectively, as per the latest update with the markets watchdog. The observations are very important to any company for launching public issues like initial public offer (IPO), follow-on public offer (FPO) and rights issue. The two companies had filed draft papers with the markets regulator between January and December. Going by the draft papers, Bharat Dynamics' IPO will see sale of equity shares by the government and the public issue will help the company achieve the benefits of listing. Bharat Dynamics was established in 1970 and is a manufacturer of guided missiles and allied defence equipment. The company's net worth stood at Rs 2,212.46 crore at the end of March 2017. SBI Capital ..
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RInfra bags Rs 36.4 billion contract for thermal power plant in TN 22.2.2018 Business Standard: News Now
Reliance Infrastructure (RInfra) today said it has won a Rs 3,647 crore contract from Tamil Nadu Generation and Distribution Corporation Limited (TANGEDCO) for work related to Uppur Thermal power project. "RInfra has won a prestigious engineering, procurement and construction (EPC) contract for Rs 3,647 crore from TANGEDCO for balance of plant (BoP) package and allied civil works for 2 x 800 MW supercritical coal-based Uppur Thermal Power Project at Ramanathapuram District in Tamil Nadu," RInfra said in a statement. The contract entails design, engineering, supply, erection, testing and commissioning of BoP package and allied civil works on EPC basis. The project is to be commissioned in 36 months. The infrastructure major said its EPC division has won the contract in international competitive bidding amidst competition from leading EPC players like BHEL, L&T, Tata Projects and BGR. With this contract, Reliance Infrastructure Limited's EPC order book now stands at over Rs 15,000 ..
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