Daily Archives: January 3, 2019

PNGRB’s roadshow for 10th City Gas Distribution bidding round at Jaipur

Petroleum and Natural Gas Regulatory Board (PNGRB), the nodal agency for facilitating economic activities in natural gas distribution, is organising a roadshow on Thursday for promoting 10th City Gas Distribution (CGD) bidding round in Jaipur. The ninth CGD bidding round for 86 Geographical Areas (GAs) covering 174 districts in 21 states/ UTs had attracted great

Oil prices decline on swelling oversupply, volatile markets

Oil prices fell on Thursday amid volatile currency and stock markets, coupled with concerns that an economic slowdown in 2019 will cut into fuel demand just as crude supplies are surging. U.S. West Texas Intermediate crude oil futures dropped 75 cents to $45.79 a barrel by 0900 GMT. International Brent crude futures were down 50

NHAI to raise Rs 10,000 cr via Bharatmala bonds in FY19, Parliament told

The National Highways Authority of India (NHAI) plans to raise Rs 10,000 crore through Bharatmala Taxable Bonds in the ongoing financial year, Parliament was informed on Thursday. The government has approved raising of Rs 62,000 crore by NHAI in 2018-19. “A draft self prospectus (DSP)/offer document has been filed with the stock exchanges and SEBI

BSES Delhi discoms ink pact with SECI for 200MW wind power

BSES Rajdhani Power Limited (BRPL) and BSES Yamuna Power Limited(BYPL) on Thursday said they have signed agreements with Solar Energy Corporation of India to procure 200 MW of wind-power. The 100-MW each power is expected to be available to the two Delhi discoms from FY 2020-21 for a period of 25 years at a tariff

CEL Issues EPC Tender for 11 MW of Solar Projects in Maharashtra

Central Electronics Limited (CEL), a public-sector enterprise, has tendered 11 MW of grid-connected solar projects to be developed at various locations across Maharashtra. The bid-submission deadline is January 14, 2019. The minimum project size will be 400 kW to 500 kW at a single location. The CEL will supply 300-Watt solar PV modules for the

Editorial- January 2019

The Supreme Court has given its ruling in the case of three Power Stress projects of Tata, Adani and Essar established in the state of Gujarat. The ruling comes after hearing all parties and after a six-year long legal process. The ruling was made on the joint application made to the Supreme Court by the

Power Stress 20

Power Stress

The Supreme Court has given its ruling in the case of three big power projects – Tata, Adani and Essar – in the state of Gujarat. The projects have seen a six-year long legal tussle.

Air travel becomes costlier 30

Air travel becomes costlier

On Nov 19, 2018, Airport Economic Regulatory of Authority of India (AERA) has increased the Passenger Service Fee (PSF) – Facilitation to Rs 77 per traveler from Rs 10 for flying from Delhi’s Indira Gandhi International (IGI) airport on domestic route. In addition, PSF-Security is being charged at Rs 130 from per embarking passenger.