Gail India has offered three liquefied natural gas (LNG) cargoes for May to July loading from Sabine Pass in the United States, two traders said on Tuesday. The cargoes will be sold based on the U.S. benchmark Henry Hub gas price, one of them said. The tender closes on March 29 with same-day validity, the […]
Day: March 27, 2018
India diesel use set for record in 2018 as election season heralds government spending
Demand for diesel in India is set to hit a record in 2018 as the government targets massive infrastructure spending in the fiscal year that starts April 1, with Prime Minister Narendra Modi seeking a second term in elections in 2019. Diesel consumption growth in calendar 2018 may be more than double last year, analysts […]
Kalpataru Power Transmission bags Rs 901 crore orders
Kalpataru Power Transmission Ltd (KPTL) on Tuesday said it has secured new orders of of Rs 901 crore. The company said it has won a turnkey order of Rs 643 crore for construction of 765 kV D/C transmission lines in Tamil Nadu from the state’s power transmission utility. Another order worth Rs 195 crore for […]
Larsen & Toubro wins Rs 747 cr contract from NPCIL
Engineering and construction major Larsen & Toubro (L&T) today said it has won a Rs 747-crore order from Nuclear Power Corporation of India Ltd (NPCIL) to supply steam generators. “The heavy engineering arm of Larsen & Toubro has received orders worth Rs 747 crore from NPCIL to supply steam generators and end shields for its […]
NH development: Kerala govt to hold all-party meeting
The Kerala government today agreed to hold an all-party meeting in the wake of protests over the land acquisition for the development of national highway in Malappuram district. Public Works Department minister G Sudharakan told the Assembly that the disputes were related only with an eight km of land between Kuttippuram-Valanchery stretch. The LDF government […]
Oil firm on Middle East tension, though rising U.S. output looms
Oil prices were firm on Tuesday, supported by concerns that tensions in the Middle East could lead to supply disruptions, although further rises expected in U.S. crude output loomed over markets. U.S. West Texas Intermediate (WTI) crude futures were at $65.63 a barrel at 0700 GMT, up 8 cents, or 0.1 percent, from their previous […]
Govt allows commercial mining of coal
After four years of enabling commercial mining and sale of coal in the new Coal Ordinance (Special Provisions), 2014, the cabinet on Feb 20, 2018 approved the methodology for auctioning coal mines to private companies. The government has allowed private players to commercially mine coal and sell it in the market without any restrictions on […]
ONGC Tenders: Integrity under Shashi Shanker “jeopardized”
On February 20, 2018, the Bombay High Court upheld Independent External Monitor (IEM)’s decision of cancelling a Rs 1,000 crore tender that was recommended by ONGC for award to Core Offshore Services Pvt Ltd.
CIL
Coal India production edged up to 54.46 mn tonnes in Feb 2018 compared to 54.3 MT in the same month last year but missed the target of 61.43 MT. It produced 56.69 MT coal in Jan 2018.
NE States
The per capita consumption of electricity of the North Eastern states during the last three years is shown in table-1. To improve the consumption of electricity in the North-Eastern region, the centre has been allocating power from Central Generating Stations to these states. The latest figures are shown in table-2.
Hydro projects in private sector
In response to a question in the Parliament, on 08.03.2018 the power minister RK Singh provided a list of stalled hydro power projects. Most of the projects (1,384 MW) in the private sector are stalled due to financial constraints with the developers. Only one project in the state sector in Kerala is stalled because of […]
Inter-Regional Trans Capacities
As per government’s statement in the Parliament, presently there are no constraints in the Inter-Regional transmission system for supplying / diverting power from surplus states to power deficit states under Long Term allocations. Medium Term Open Access and Short Term Open Access Transactions are allowed on the balance available margins on the inter-state transmission system. […]