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Renascent Power Ventures Acquires Stakes in Prayagraj Power Generation

Date : Nov 20, 2018

Renascent Power Ventures has signed an agreement with Prayagraj Power Generation for acquiring 75.01 percent stakes in the company. Renascent Power Ventures is a wholly owned subsidiary of Resurgent Power Ventures.

 

Resurgent Power Ventures are supported by Tata Power and ICICI Bank. Prayagraj Power, a unit of Jaiprakash Associates, operates the stressed 1,980 MW Bara power plant.

 

The plant has a fuel connection and power agreement that is linked to 90 percent of its capacity, the utilisation rate of the plant has been low due to lack of carbon availability due to lack of working capital...

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New Capacity Edition for Nov-Feb: Govt Asks Solar Energy Corp to Bring Tenders of 4000 MW

Date : Nov 20, 2018

The proposal that SECI may bring tenders of 1000 MW each in the months from November to February has come with an assumption that code of conduct for the next general election will be enforced in March...

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Adnoc Outlines New Downstream Growth Plans

Date : Nov 20, 2018

Abu Dhabi National Oil Company (Adnoc) outlined its new integrated gas strategy and downstream growth plans at a key forum held on the sidelines of Abu Dhabi International Petroleum Exhibition and Conference (Adipec) which was...

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Adnoc, Mubadala Sign Deal to Explore Downstream, Refining Prospects

Date : Nov 20, 2018

The Abu Dhabi National Oil Company (Adnoc) and Mubadala Investment Company have partnered to explore growth prospects in Mubadala’s refining and petrochemicals assets and Adnoc’s downstream investment...

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Leading Global Solar Players Set for ‘The Big 5’ Event

Date : Nov 20, 2018

Leading global players from the solar and renewable energy sectors will be showcasing the latest in industry innovations for the construction market at a key event being held as part of The Big 5, the largest construction event in the...

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Unique Group in Partnership with Deepwater to Offer Corrosion Solutions

Date : Nov 20, 2018

Unique Group has signed a partnership agreement with Deepwater Corrosion Services to offer technologically advanced corrosion control solutions in the Middle East.

 

Unique Group is one of the world’s...

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India Can Produce 62 MMT of CBG

Date : Nov 19, 2018

India can produce 62 million tonnes of compressed bio gas (CBG) that will be sufficient enough to replace entire demand for gas, Vijay Sharma, Director in the Ministry of Petroleum and Natural Gas, said Saturday. "If total...

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SOMO Restarts Export of Kirkuk Oil via Turkey

Date : Nov 19, 2018

Baghdad has reached an agreement with Kurdish authorities to resume exports from the Kirkuk oilfields, via the Turkish port of Ceyhan.

 

In a statement on Friday, the Ministry of Oil said between 50,000 and...

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Developers Still Reluctant to Bid for Solar Power Assets

Date : Nov 19, 2018

Developers continue to show reluctance to bid for solar power assets, putting question marks over future growth in this industry, once considered as a sunrise sector.

 

Recent tenders of Solar Energy...

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Sabic Presents New Transparent High-Heat Film

Date : Nov 19, 2018

Saudi Arabia-based Sabic, a global diversified manufacturing company, has presented an innovative new transparent high-heat Lexan CXT film product at the IDTechEx show in the US state of California.

 

The new...

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RIL Plans to Boost the Capacity of the World’s Largest Petroleum Refinery by 50%

Date : Nov 20, 2018

Mukesh Ambani’s Reliance Industries Ltd - India’s most valuable company by market cap, is said to be mulling a plan to increase the capacity of his Jamnagar petroleum refinery by around 50%, anonymous sources told Bloomberg. The proposed expansion to the facility, which is the world’s largest refining complex, is expected to cost around $10 billion and will boost the facility’s annual refining capacity to 30 million tons of crude oil. It will involve the addition of a new refining train and is part of a plan to increase Reliance’s supply of raw crude for industrial processes as well as diesel for commercial vehicles.   Th...

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BHEL commissions first super critical thermal unit in Bihar

Date : Not Given

03 Dec 2013: State-owned Bharat Heavy Electricals Ltd has commissioned its first 660-MW super critical thermal unit at a NTPC...

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Tata Steel, SAIL JV to Set Up 1.8 mtpa Coal Washery in Jharkhand

Date : Not Given

Tata Steel and SAIL's equal joint venture, S&T Mining Company, will set up a 1.8 million tonnes per annum .mtpa. coal washery at Bhelatand, in Jharkhand, through an investment of Rs 200 crore. S& T Mining Company was formed with the ambit of joint...

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Rosneft, ExxonMobil Sign Deal for Arctic Development

Date : Not Given

Russian oil giant Rosneft said it has joined forces with ExxonMobil for the development of Arctic and Black Sea resources and...

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Emerson Nominated to Work on Shell  Prelude Project?

Date : Not Given

According to the companies statement, Emerson Process Management announced it has been appointed by Technip Samsung Consortium...

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Adani Ports Commissions Bulk Terminal at Kandla

Date : Not Given

11 Feb 2015: Adani Ports and Special Economic Zone .APSEZ. has commissioned a bulk terminal at Tuna Tekra, Kandla Port, with an...

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Kuwait Sabiya Project to Generate 2000 MW by 2012

Date : Not Given

Kuwait s largest power plant Sabiya said it has activated six gas turbine-generators powered by technology giant GE to boost...

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O.N.G.C. to drill in the western offshore blocks in 2010.

Date : Not Given

One more deep-water drilling unit is required to O.N.G.C. .Oil and Natural Gas Corporation. to drill in the western offshore...

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Kuwait Approves Most Awaited Megaprojects

Date : Not Given

Kuwait's Supreme Petroleum Council .SPC. has given the approval for two long-stalled oil mega projects worth more than eight billion dinars .$29 billion.. The projects include the building of a new state-of-the-art refinery and the upgrading of two of...

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Shuqaiq Add Another 340 MWh to Saudi Electricity Supply

Date : Not Given

Dr. Madani A. Alagi, Chairman of Shuqaiq Water and Electricity Company .SqWEC. announced on July 11 the completion of the commercial operation date .COD2. of the second electricity production unit with capacity of 340 MWh 36 days before the planned...

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Honeywell wins ICSS contract for KNPC s Al Zour refinery?

Date : Not Given

04 Dec 2013: Kuwait National Petroleum Company .KNPC. has selected Honeywell to provide the Integrated Control and Safety...

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