Increase of 35.6% in Coal stock at the power plants

Railway rakes are playing crucial role in supply of coal to power sectors New Delhi, January 25, 2019: Ministry of Coal has been in a constant endeavor to maintain coal stock at sufficient level and increase coal supply to meet energy need of the country. Coal India Ltd. has supplied 389.63 MT coa

Russian Firm Offers to Invest $2 Billion in Pakistan's Water, Power Sectors

Islamabad, January 21, 2019: A Russian state-run firm has offered to invest USD 2 billion in cash-strapped Pakistan's water and power sectors on a government-to-government basis, a media report said on Thursday. Representatives of Inter RAO Engineering, one of the largest Russian public energy comp

Work on UK nuclear power plant halted over financing impasse

New Delhi, January 21, 2019: Work on a major new nuclear power station in Britain was suspended after the developer, Japan's Hitachi, said Thursday it had been unable to agree on financing with the U.K. government. Hitachi said Thursday that it was halting work already underway on the Horizon Proje

KSPCB directs BMTC to phase out BS-III vehicles

Bengaluru, January 21, 2019: The Karnataka State Pollution Control Board (KSPCB) for the purpose of reducing air pollution has directed the Bangalore Metropolitan Transport Corporation (BMTC) to phase out the BS-III vehicles in its fleet and to induct electric buses. The BMTC has 3,067 BS-III and 3

Oil prices edge up as OPEC says its crude output fell sharply in Dec

New Delhi, January 21, 2019: U.S. oil prices inched higher on Friday after a report from the Organization of the Petroleum Exporting Countries showed its production fell sharply last month, easing fears about prolonged oversupply. U.S. West Texas Intermediate (WTI) crude futures were at $52.40 per

Niko serves arbitration notice on Reliance, BP

New Delhi, January 21, 2019: Niko Resources has served a notice of arbitration on Reliance Industries and BP Plc after they asked the Canadian oil and natural gas company to exit the KG-D6 block because it had defaulted on cash calls, RIL said in its earnings statement. Niko owns 10% parti

Value of global CO2 markets hit record 144 billion euros in 2018: report

New Delhi, January 19, 2019: The value of traded global markets for carbon dioxide (CO2) allowances soared 250 percent last year to a record high of 144 billion euros ($164 billion), analysts at Refinitiv said on Wednesday. The overall figure was pushed higher by the soaring cost of carbon permit

Share market update: Power shares gain; Reliance Infra up 2%

New Delhi, January 19, 2019: Power shares were trading in the positive zone with the S&P BSE Power index gaining in Wednesday's afternoon trading session. Shares of Reliance Infrastructure (up 1.93 per cent), NHPC (up 1.77 per cent), Suzlon Energy (up 1.52 per cent) and Tata Power Company (u

IIT Madras Solar Technology Startup Lights Up Remote Villages

Chennai, January 19, 2019: Solar DC Inverterless Technology, pioneered by Indian Institute of Technology (IIT) Madras Researchers, is lighting up homes in remote parts of the country where the terrain is so foreboding that they are beyond the reach of Electricity Grids, said an official statement.

American oil to ease India’s oil dependency on Gulf countries? India-US oil supply contracts on cards but price a hurdle

New Delhi, January 19, 2019: In order to ensure a steady inflow of crude oil given that supply from Iran has been capped, the country’s oil marketing companies are looking at long-term contracts with US suppliers, but non-availability of official selling price (OSP) is proving to be a hurdle. I

Cabinet clears Rs 22,594-crore plan for expansion of Numaligarh refinery

New Delhi, January 19, 2019: The Cabinet Committee on Economic Affairs on Wednesday cleared the expansion of Bharat Petroleum Corporation's (BPCL) Numaligarh refinery from the current 3 million tonne per annum (MTPA) to 9 MTPA at an investment of Rs 22,594 crore. Addressing the Cabinet briefing,

Lidar lights up wind opportunities for Tilt in Australia

Local engineering consultancy Energy3 delivers ZX Lidars to wind farm developer for wind resource campaigns New Delhi, January 19, 2019: Lidars are supporting Melbourne-based Tilt Renewables in pursuit of new development sites specifically in complex terrain “We tilt towards Lidar for our mon

CME plans to launch e-auction for US crude oil exports

Singapore, January 17, 2019: CME Group said on Tuesday it plans to launch an electronic auction platform with U.S. energy firm Enterprise Products Partners LP in March to sell U.S. spot crude oil export cargoes. The United States became the world’s largest oil producer last year as shale producti

PetroVietnam Gas FY pre-tax profit rises 12 pct

Hanoi, January 17, 2019: PetroVietnam Gas JSC posted a pre-tax profit of 14.1 trillion dong ($607.68 million) in 2018, up 12 percent from the previous year, the company said on Tuesday. Total revenue came in at 74.05 trillion dong ($3.19 billion), up 14.8 percent from the year-ago period, it said i

Piyush Goyal shuns private sources showing high unemployment

New Delhi, January 17, 2019: Railways and coal minister Piyush Goyal on Tuesday said there has been a significant increase in employment opportunities, but the current methods of data collection have failed to adequately capture this trend. He dismissed numbers given by private sources that showed

Algeria cut oil output by 25,000 bpd as part of OPEC+ deal: APS

London, January 17, 2019: Algeria has cut its oil production by around 24,000-25,000 barrels per day since Jan. 1 as part of the OPEC and non-OPEC agreement to reduce output, state-controlled news agency APS quoted an oil official as saying. According to the reports published in  zawya.com b

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Powertrends is the longest running energy show in the Philippines. It is the regular international exhibition and conference organized by Leverage International in cooperation with the Department of Energy since...

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The Dairy Times E-Magazine, December – 2014 URL : http://anax1em.pressmart.com/TheDairyTimes/ Contents As India’s Livestock population booms, Vet Doctors spell gloom ITC to invest Rs 1,000 crore into dairy, juice business USDA reports per-cow milk production is...

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ROOT» Category: Latest

New Delhi, December 19, 2016: Shri Piyush Goyal Minister of State (IC) for Power, Coal & New and Renewable Energy and Mines and US Ambassador Mr Richard Verma in India launched new joint initiative of US-India Clean Energy Finance (USICEF) Initiative which would help in unlocking OPIC financing and mobilize public and private capital to expand access to distributed clean energy projects here today. Shri Rajeev Kapoor, Secretary, MNRE, White House Senior director John Morton and Mr William Pegues, Managing Director, OPIC and representatives of the David and Lucile Packard Foundation, John D. and Catherine T. MacArthur Foundation, the William and Flora Hewlett Foundation, and Good Energies Foundation were also present.

ROOT» Category: Latest

New Delhi, December 20, 2016:  Power Sector

The power sector in India has witnessed a major addition in capacity in the last 2 years, making India the fifth largest installed capacity in the world. As of October 2016, the installed power capacity was 307.28 GW. Private capacity generation has increased to 124 GW in FY2015- 16, which constitutes 41% of the total power generated in the country.



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