Power & Energy News Monthly Archive May 2018

MAY 25 2018

Indian Oil plans to invest Rs 1,387 crore in Andhra Pradesh

  • PTI, ETEnergyWorld / Telangana, 25th May 2018 Published on : 25th May 2018
  • Created:Fri 25th MAY 2018

  Indian Oil Corp (IOC), the country's largest oil firm, today said it plans to invest Rs 1,387 crore towards construction of various projects in Andhra Pradesh and Telangana over the ...

MAY 25 2018

PM Modi has an oil problem and Saudi Arabia is set to make it worse

  • Bureau, ETEnergyWorld / Bloomberg, 25th May 2018 Published on : 25th May 2018
  • Created:Fri 25th MAY 2018

  Prime Minister Narendra Modi has an oil problem. And it’s set to worsen with Saudi Arabia rooting for the commodity to push through the $80 barrier. Modi’s ...

MAY 25 2018

Guwahati-Barauni gas pipeline to come up by 2021

  • Bikash Singh, ETEnergyWorld / Guwahati, 25th May 2018 Published on : 25th May 2018
  • Created:Fri 25th MAY 2018

  As part of the government's plans to connect all northeastern states with gas pipelines, there is to be a 721 kilometre pipeline running from Guwahati to Barauni in Bihar by ...

MAY 25 2018

GAIL says time not ripe for breaking only company laying pipelines

  • Sanjay Dutta, ETEnergyWorld / New Delhi, 25th May 2018 Published on : 25th May 2018
  • Created:Fri 25th MAY 2018

  The market is not yet ready for splitting state-run gas utility GAIL into two separate entities for building pipelines and marketing, the head of the country’s largest gas ...

MAY 25 2018

Weak Indian Rupee mainly responsible for fuel price hike: Pradhan

  • ANI, ETEnergyWorld / Bhubaneshwar, 25th May 2018 Published on : 25th May 2018
  • Created:Fri 25th MAY 2018

  Union Minister for Petroleum and Natural Gas Dharmendra Pradhan on Thursday said that the reduced value of the Indian rupee in comparison to the US dollar is causing fuel price ...

MAY 25 2018

GAIL India chairman backs unbundling of firms operations, but only after gas market matures

  • PTI, Live Mint / New Delhi, 25th May 2018 Published on : 25th May 2018
  • Created:Fri 25th MAY 2018

  Facing a prospect of being split into two, GAIL India Ltd on Thursday said it supports reforms such as unbundling of gas marketing and transportation business but such a move ...

MAY 25 2018

Oil and gas stocks slip on windfall tax concerns

  • Bharadwaj Sharma, The Financial Express / Mumbai, 25th May 2018 Published on : 25th May 2018
  • Created:Fri 25th MAY 2018

  Oil and gas stocks, especially of ONGC and Oil India, witnessed sell-offs on Thursday following reports that the government may levy a windfall tax on oil producers as part of a ...

MAY 25 2018

Stop milch-cow politics, ONGC cant bear oil burden

  • The Financial Express, The Financial Express / New Delhi, 25th May 2018 Published on : 25th May 2018
  • Created:Fri 25th MAY 2018

  It is not clear what law minister Ravi Shankar Prasad had in mind when he said the government was looking at a ‘long-term’ solution to rising oil prices, but one ...

MAY 25 2018

Costlier crude: Burden may fall again on ONGC, OIL

  • Saurabh Kumar, The Financial Express / New Delhi, 25th May 2018 Published on : 25th May 2018
  • Created:Fri 25th MAY 2018

  After a three-year reprieve, state-run hydrocarbon explorers, especially ONGC, may again be asked to bear the brunt as a fiscally wary government is reluctant to take the hit of a ...

MAY 25 2018

IndianOils Ennore LNG terminal to be commissioned by October

  • V Rishi Kumar, The Hindu Business Line / Hyderabad, 25th May 2018 Published on : 25th May 2018
  • Created:Fri 25th MAY 2018

  The Indian Oil Corporation Limited’s 5,200-crore liquified natural gas (LNG) terminal at Ennore is all set to go on stream by October this year. The project, being set ...

MAY 25 2018

Coal supply diversion irks industries dependent on captive power plants

  • Twesh Mishra, The Hindu Business Line / New Delhi, 25th May 2018 Published on : 25th May 2018
  • Created:Fri 25th MAY 2018

  The government’s move to prioritise coal supplies to power plants with minimal coal stock has disrupted fuel supply to some sectors, which have fallen off the dynamic priority ...

MAY 25 2018

No dearth of coal; crisis due to logistic issues: CIL

  • PTI, ETEnergyWorld / Bhubaneshwar, 25th May 2018 Published on : 25th May 2018
  • Created:Fri 25th MAY 2018

  Coal India Limited (CIL) today claimed that there was no dearth of the fossil fuel in the country, but power plants are facing short supply due to logistics issues. "There ...

MAY 25 2018

New Coal India CMD says he will ensure doubling of coal stocks at power plants

  • Meera Mohanty, ETEnergyWorld / New Delhi, 25th May 2018 Published on : 25th May 2018
  • Created:Fri 25th MAY 2018

  New full-time Chairman of Coal India Ltd (CIL), the largest coal miner in the world, says his priority will be to ensure that power plants have coal supply for at least 22 days ...

MAY 25 2018

NIWE extends EoI deadline for 1 GW offhshore wind energy

  • PTI, ETEnergyWorld / New Delhi, 25th May 2018 Published on : 25th May 2018
  • Created:Fri 25th MAY 2018

  National Institute of Wind Energy (NIWE) has extended the deadline for submission of expression of interest to June 8 from May 25 and also relaxed eligibility norms for 1GW offshore ...

MAY 25 2018

SDMC becomes 'first' civic body in country to generate solar energy, selling surplus power

  • PTI, ETEnergyWorld / New Delhi, 25th May 2018 Published on : 25th May 2018
  • Created:Fri 25th MAY 2018

  The SDMC today claimed that it has become the "first" civic body in the country to generate solar energy by installing panels over rooftops of its over 55 buildings and earn a huge ...

MAY 25 2018

HC stays Karnataka electricity commissions retro charges on green power companies

  • Kaavya Chandrasekaran, ETEnergyWorld / New Delhi, 25th May 2018 Published on : 25th May 2018
  • Created:Fri 25th MAY 2018

  The Karnataka High Court has issued an interim stay on the state electricity regulatory commission’s May 14 order that imposed transmission and wheeling charges ...

MAY 25 2018

Priority lending for renewable energy projects improved ease of doing business: Fin Min official

  • Bureau, ETEnergyWorld / New Delhi, 25th May 2018 Published on : 25th May 2018
  • Created:Fri 25th MAY 2018

  The inclusion of renewable energy projects in the priority sector lending has improved the ease of doing business and securing finance for clean energy projects, a finance ministry ...

MAY 25 2018

GHMC to generate 100MW green power from garbage

  • U Sudhakar Reddy, ETEnergyWorld / New Delhi, 25th May 2018 Published on : 25th May 2018
  • Created:Fri 25th MAY 2018

  Who would have thought garbage will come in handy to generate 100 MW power. Well, a long-pending project of GHMC of generating power from garbage is going to prove just this. The ...

MAY 25 2018

Punjab government sanctions Rs 64 crore for enhancing power supply

  • TNN, ETEnergyWorld / Lidhiana, 25th May 2018 Published on : 25th May 2018
  • Created:Fri 25th MAY 2018

  Aiming to strengthen electrical transmission and distribution system in the city, Punjab government has sanctioned Rs 64.82 crore for the entire project of delivering electricity ...

MAY 25 2018

JSW Energy to gain most from rise in merchant power tariff

  • Jwalit Vyas, ETEnergyWorld / 25th May 2018 Published on : 25th May 2018
  • Created:Fri 25th MAY 2018

  Merchant power rates have shot up 50 per cent in the past week to over Rs 6 per unit. While this augurs well for most of the power-generating companies, JSW Energy will be the ...