Power & Energy News Monthly Archive February 2018

FEB 22 2018

Indian State With Most Cars Plans Electric Vehicle Push

  • Purva Chitnis, www.bloombergquint / Chennai, 22nd February 2018 Published on : 22nd February 2018
  • Created:Thu 22nd FEB 2018

  Maharashtra, home to the highest number of vehicles in India, plans to offer tax cuts and subsidies to promote electric cars. The state is looking to draw investments under ...

FEB 22 2018

Volte-face on Electric Vehicle Policy: Carmakers force the governments hand

  • Anil Sasi, IndianExpress.com / New Delhi, 22nd February 2018 Published on : 22nd February 2018
  • Created:Thu 22nd FEB 2018

  Among the factors that seem to have played a part in forcing the government to uncharacteristically backtrack on its plan to bring in an Electric Vehicle (EV) Policy, two seem ...

FEB 22 2018

Archos unveils worlds first Google Android electric scooter Citee Connect

  • ETAuto, ETEnergyWorld / New Delhi, 22nd February 2018 Published on : 22nd February 2018
  • Created:Thu 22nd FEB 2018

  Archos is expanding its urban mobility range with three new models. The Archos Citee Connect is the first Google Android scooter, fully imagined, prototyped and assembled in France, ...

FEB 22 2018

Battery-operated rickshaws set to hit Bengaluru roads

  • TNN, ETEnergyWorld / Bengaluru, 22nd February 2018 Published on : 22nd February 2018
  • Created:Thu 22nd FEB 2018

  Battery-operated rickshaws, mostly known as toto-rickshaws or e-rickshaws across the country, will soon hit Bengaluru roads. Allaying fears of traffic cops that these ...

FEB 22 2018

Lack of clarity on policy leaves electric vehicles market in a limbo

  • Nandini Sen Gupta, ETEnergyWorld / Chennai, 22nd February 2018 Published on : 22nd February 2018
  • Created:Thu 22nd FEB 2018

  With FAME2 hanging in limbo, the electric vehicle industry is holding back planned or proposed investments. Although with M&M and SUN Mobility announcing its ...

FEB 22 2018

Essar Oilfields Services wins Rs 28 crore contract from GAIL (India)

  • PTI, ETEnergyWorld / New Delhi, 22nd February 2018 Published on : 22nd February 2018
  • Created:Thu 22nd FEB 2018

  Essar Oilfields Services India Ltd (EOSIL) today said it has been awarded Rs 28 crore contract by GAIL to drill at least three wells on state-owned firm's exploration acreage in ...

FEB 22 2018

BS-VI fuel to retail in Delhi from 1 April, centre tells Supreme Court

  • Priyanka Mittal, Live Mint / New Delhi, 22nd February 2018 Published on : 22nd February 2018
  • Created:Thu 22nd FEB 2018

  The supply of Bharat Stage VI (BS-VI) auto fuels (petrol and diesel) to retail outlets in Delhi will begin on 1 April, the central government told the Supreme Court on Wednesday. ...

FEB 22 2018

Bharat Petroleum to raise $200 million for Abu Dhabi asset purchase

  • Kalpana Pathak, Live Mint / Mumbai, 22nd February 2018 Published on : 22nd February 2018
  • Created:Thu 22nd FEB 2018

  Bharat Petroleum Corp. Ltd (BPCL) plans to raise $200 million to fund the acquisition of a 3% share in the Lower Zakum Concession, Offshore Abu Dhabi, two people aware of the ...

FEB 22 2018

ONGC short-lists 3 US oil service majors to lift output from two fields

  • : Promit Mukherjee, Live Mint / Mumbai, 22nd February 2018 Published on : 22nd February 2018
  • Created:Thu 22nd FEB 2018

  India’s Oil and Natural Gas Corp is set to hire international oil service giants for the first time to boost output from domestic oil fields in response to a government push ...

FEB 22 2018

India, Pakistan to attend TAPI groundbreaking ceremony

  • PTI, The Financial Express / Islamabad, 22nd February 2018 Published on : 22nd February 2018
  • Created:Thu 22nd FEB 2018

  Pakistan and India will attend a groundbreaking ceremony of the Turkmenistan section of the USD 10 billion TAPI gas pipeline project that will help ease energy shortages in South ...

FEB 22 2018

India to get right over 65 pct oil Abu Dhabi will store in Mangalore

  • PTI, The Financial Express / New Delhi, 22nd February 2018 Published on : 22nd February 2018
  • Created:Thu 22nd FEB 2018

  India will have the right over 65 per cent of 6 million barrels of crude oil that Abu Dhabi National Oil Company (ADNOC) will store at the country’s maiden strategic storage ...

FEB 22 2018

Final notification issued to acquire 960 acres for MRPL

  • Raghav M, The Hindu / Mangaluru, 22nd February 2018 Published on : 22nd February 2018
  • Created:Thu 22nd FEB 2018

  The State government has issued final notification for acquiring 960 acres of private and government land in Mangaluru taluk for the fourth phase expansion of Mangalore Refinery and ...

FEB 22 2018

Despite liberalisation, power demand to sustain Coal India's dominance

  • Avishek Rakshit, Business Standard / Kolkata, 22nd February 2018 Published on : 22nd February 2018
  • Created:Thu 22nd FEB 2018

  Despite opening up of the coal sector to private miners, Coal India's dominance in the field is expected to remain firm as the power sector will continue to bank heavily upon this ...

FEB 22 2018

Adani may sell stake in Australias Carmichael coal mine amid funding delay

  • Perry Williams, Live Mint / Sydney, 22nd February 2018 Published on : 22nd February 2018
  • Created:Thu 22nd FEB 2018

  The battle to build one of the world’s biggest coal mines has suffered a fresh setback after Adani Enterprises Ltd conceded it would fail to meet a March deadline to arrange ...

FEB 22 2018

Left objects to coal sector reforms

  • Our Bureau, The Hindu Business Line / New Delhi, 22nd February 2018 Published on : 22nd February 2018
  • Created:Thu 22nd FEB 2018

  The CPI (M) has condemned the Cabinet Committee on Economic Affairs’ decision to open up coal mining to companies in the private sector. The party alleged that the move is ...

FEB 22 2018

Unions flay privatising coal mines

  • Our Bureau, The Hindu Business Line / New Delhi, 22nd February 2018 Published on : 22nd February 2018
  • Created:Thu 22nd FEB 2018

  The Centre of Indian Trade Unions has opposed the government decision to open the coal sector for commercial mining by private players. A CITU statement said the opening up ...

FEB 22 2018

BHEL bags order worth Rs 1,034 cr from HPCL

  • PTI, The Hindu Business Line / New Delhi, 22nd February 2018 Published on : 22nd February 2018
  • Created:Thu 22nd FEB 2018

  State-run power equipment maker BHEL has bagged a Rs 1,034-crore gas turbine-based captive power plant order from HPCL. Bharat Heavy Electricals Ltd (BHEL) said in a ...

FEB 22 2018

Essar Oilfields eyes Rs 400-cr turnover by 2019 on intensified exploration activity

  • Rutam Vora, The Hindu Business Line / Ahmedabad, 22nd February 2018 Published on : 22nd February 2018
  • Created:Thu 22nd FEB 2018

  Essar Group's oilfields services arm, Essar Oilfields Services India Ltd (EOSIL), looks to operationalise about seven rigs by next fiscal as it sees consistency coming in the ...

FEB 22 2018

Opening coal mining for private companies will aid Make in India, attract foreign capital: FICCI

  • ETEnergyWorld, ETEnergyWorld / New Delhi, 22nd February 2018 Published on : 22nd February 2018
  • Created:Thu 22nd FEB 2018

  The government’s latest approval for the methodology of auction of blocks for commercial coal mining will aid the centre’s Make in India initiative, help attract foreign ...

FEB 22 2018

Is Coal India's monopoly really going to end?

  • Debjoy Sengupta, ETEnergyWorld / New Delhi, 22nd February 2018 Published on : 22nd February 2018
  • Created:Thu 22nd FEB 2018

  Recently in Davos, an exasperated GM Rao, chairman of the eponymous infrastructure conglomerate, was seen telling his old friend, Anil Agarwal of Vedanta, that after putting in $7 ...