Power & Energy News Monthly Archive June 2016

JUN 29 2016

Narendra Modis $27 billion oil quest gives services firms a lifeline

  • Economicstimes.com, ETEnergyWorld / Bloomberg, 29th June 2016 Published on : 29th June 2016
  • Created:Wed 29th JUN 2016

  India is offering global oilfield service providers starved of new contracts a $27 billion lifeline as the government's ambition to cut fuel imports drives fresh investment. ...

JUN 29 2016

Gujarat Gas surges as PNGRB grants gas distribution permission

  • Economicstimes.com, ETEnergyWorld / New Delhi, 29th June 2016 Published on : 29th June 2016
  • Created:Wed 29th JUN 2016

  Shares of Gujarat Gas ended 6.57 per cent higher on Tuesday after oil regulator Petroleum and Natural Gas Regulatory Board (PNGRB) granted the company permission to set up ...

JUN 29 2016

Thiruvananthapuram gears up for shift to CNG fuel mode in 6 months

  • TNN, ETEnergyWorld / Thiruvanthapuram, 29th June 2016 Published on : 29th June 2016
  • Created:Wed 29th JUN 2016

  The capital city will switch to compressed natural gas (CNG) for fuelling the vehicles in six months. Transport commissioner Tomin J Thachankary said that the public sector oil ...

JUN 29 2016

Pipeline blast: Inaction on major issues irks villagers

  • BVS Bhaskar, The Hindu / East Godavari, 29th June 2016 Published on : 29th June 2016
  • Created:Wed 29th JUN 2016

  The second anniversary of the blast in the GAIL (India) Limited pipeline here that claimed 22 lives went off peacefully, but some of the promises made by the Navaratna company to ...

JUN 29 2016

Ban on retrofitting CNG kits to be revoked soon

  • Staff Reporter, The Hindu / New Delhi, 29th June 2016 Published on : 29th June 2016
  • Created:Wed 29th JUN 2016

  week after it banned retrofitting of compressed natural gas (CNG) kits on ‘in-use’ cars, Transport Minister Satyendar Jain on Tuesday said the department was in the ...

JUN 29 2016

States told to set up 1 lakh biogas plants

  • Our Bureau, The Hindu Business Line / New Delhi, 29th June 2016 Published on : 29th June 2016
  • Created:Wed 29th JUN 2016

  The Ministry of New and Renewable Energy said on Monday that it has asked States and Union Territories to set up one lakh family size biogas plants in 2016-17. The plants ...

JUN 29 2016

Oil, gas block auctions under HELP not likely before January

  • Richa Mishra | Debrata Das, The Hindu Business Line / New Delhi, 29th June 2016 Published on : 29th June 2016
  • Created:Wed 29th JUN 2016

  India’s latest offering of oil and gas blocks under the Hydrocarbon Exploration Licensing Policy (HELP) may not happen before January next year. The Director General of ...

JUN 29 2016

Mahanagar Gas share sale buzz boosts Indraprastha Gas stock

  • Pallavi Pengonda, Live Mint / 29th June 2016 Published on : 29th June 2016
  • Created:Wed 29th JUN 2016

  The forthcoming Mahanagar Gas Ltd (MGL) listing has created some buzz in the city gas distribution sector. In fact, the share price of rival Indraprastha Gas Ltd (IGL) closed at an ...

JUN 29 2016

Reconsider giving 12 Assam oilfields to private companies: Congress to Centre

  • PTI, The Financial Express / Guwahati, 29th June 2016 Published on : 29th June 2016
  • Created:Wed 29th JUN 2016

  The Assam Congress today asked Chief Minister Sarbananda Sonowal to appeal to the Centre to reconsider its decision to hand over marginal and small oilfields to private firms who ...

JUN 29 2016

With black-marketing curbs, LPG imports see 30% jump

  • Siddartha P Sakia, The Financial Express / New Delhi, 29th June 2016 Published on : 29th June 2016
  • Created:Wed 29th JUN 2016

   India’s LPG imports grew by a whopping 29.5% in May 2016 against the same month the previous year. The LPG imports in May this year stood at 35.6 thousand metric tonne ...

JUN 29 2016

CSIR-CIMFR asked to perform coal quality check

  • Our Bureau, The Hindu Business Line / New Delhi, 29th June 2016 Published on : 29th June 2016
  • Created:Wed 29th JUN 2016

  The CSIR-Central Institute of Mining and Fuel Research (CIMFR) has been selected by the government for quality analysis and sampling of coal supplied to power utilities at the ...

JUN 29 2016

Coal imports fell 5 per cent in April-May: Coal Secretary Anil Swarup

  • Reuters, ETEnergyWorld / New Delhi, 29th June 2016 Published on : 29th June 2016
  • Created:Wed 29th JUN 2016

  India's annual coal imports fell by about 5 percent in April-May to 35.85 million tonnes on increased local production, Coal Secretary Anil Swarup said in a Twitter post. The ...

JUN 29 2016

Make domestic coal supply contracts flexible for relief in cost of power for discoms: ICRA

  • Debjoy Sengupta, ETEnergyWorld / Kolkata, 29th June 2016 Published on : 29th June 2016
  • Created:Wed 29th JUN 2016

  A recently announced policy measure allowing flexible sourcing of domestic coal as well as guidelines for procurement of short term power through reverse auction will lead to ...

JUN 29 2016

Odisha for compensation of CST loss and revision of coal royalty

  • Staff Reporter, The Hindu / Bhubaneswar, 29th June 2016 Published on : 29th June 2016
  • Created:Wed 29th JUN 2016

  The Odisha government on Monday demanded compensation for the loss of Central Sales Tax, which was phased out keeping in mind the implementation of the Goods and ...

JUN 29 2016

Govt to offer coal use flexibility to private companies in 3-4 months

  • PTI, The Financial Express / New Delhi, 29th June 2016 Published on : 29th June 2016
  • Created:Wed 29th JUN 2016

   Government is planning to offer private companies the flexibility to use domestic coal to bring down cost of electricity generation in the next 3-4 months, ...

JUN 29 2016

Bankrupt Sun Edison's Indian asset sale kicks off

  • Rajesh Chandramouli, ETEnergyWorld / Chennai, 29th June 2016 Published on : 29th June 2016
  • Created:Wed 29th JUN 2016

   Tottering renewable energy giant Sun Edison's Indian operations, put on the block by the lenders, has attracted several bidders including domestic heavyweights Adani, Tata and ...

JUN 29 2016

Roads, Railways & Power may get Rs 25,000 crore push, power ministry hopeful of getting Rs 3,000 crore

  • Rajat Arora, ETEnergyWorld / New Delhi, 29th June 2016 Published on : 29th June 2016
  • Created:Wed 29th JUN 2016

   The government is mulling an additional Rs 25,000 crore allocation to roads, railways and power sectors over and above the allocation made to them in the Union Budget, ...

JUN 29 2016

Decks cleared for 4000 MW Bihar Mega Power Limited's Banka Thermal Power Plant

  • Kumar Rajesh, ETEnergyWorld / Banka, 29th June 2016 Published on : 29th June 2016
  • Created:Wed 29th JUN 2016

  With a view to making the state self-dependent on power, decks are being cleared for the establishment of 4000MW thermal power plant, a joint venture of Bihar Mega Power Limited ...

JUN 29 2016

Piyush Goyal to seek soft loans for renewables from World Bank

  • PTI, ETEnergyWorld / New Delhi, 29th June 2016 Published on : 29th June 2016
  • Created:Wed 29th JUN 2016

  Power Minister Piyush Goyal today said he will seek low-cost and long-term finance for clean energy projects in his meeting with World Bank chief Jim Yong Kim tomorrow. The meeting ...

JUN 29 2016

Hydropower developers in Arunachal asked to follow pollution norms

  • PTI, The Hindu / Itanagar, 29th June 2016 Published on : 29th June 2016
  • Created:Wed 29th JUN 2016

  The Arunachal Pradesh State Pollution Control Board (APSPCB) has directed hydropower developers to strictly follow the guidelines of the Central Pollution Control Board for monthly ...