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Energy Professional Of The Year - 2008

Anil Ambani, CMD, Reliance Power
Mukesh Ambani, Reliance Industries
Sarthak Behuria, Chairman, Indian Oil
Dr U D Choubey, CMD, GAIL
R S Sharma, CMD, ONGC



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  Gujarat signs deal with private sector company to obtain 5 MW solar power - Friday, September 05, 2008
 
Gujarat has signed a power purchase agreement (PPA) with a private sector company for purchasing 5 MW solar power at a fixed rate of Rs 3.37/ kilowatt hour (per unit) for 20 years.

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  Tata Power plans to purchase 10 per cent stake in Austra’s Geodynamics - Friday, September 05, 2008
 
Tata Power Company said on Thurday that the company would acquire 29.4 million ordinary shares in Australia-based Geodynamics, a company that specialised in geothermal energy and enhanced geothermal systems (EGS).

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  ONGC looks towards buying Canada’s Tanganyika Oil Company - Friday, September 05, 2008
 
Oil and Natural Gas Corp (ONGC) is holding discussions with Canada’s Tanganyika for acquiring the firm for about US $ 1.2-1.5 billion, according to a media report said on Friday quoting unidentified sources familiar with the deal.

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  SIAM plans to inform vehicle users on how to saving fuel - Friday, September 05, 2008
 
The Society of Indian Automobile Manufacturers (SIAM), the apex body of automobile manufacturers, is planning to educate vehicle users in better use of their vehicles. SIAM plans to launch Fuel Consumption Consumer Information and the Fuel Economy Information Brochure.

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  Fabtech wins order from BPCL for LPG mounded storage vessels - Thursday, September 04, 2008
 
Fabtech Projects and Engineers, a company based in Pune has won a order worth Rs 103 crore for LPG mounded storage vessels from Bharat Petroleum Corporation Ltd (BPCL).

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  Power minister pulls up NTPC for substandard work at Koldam - Thursday, September 04, 2008
 
The power ministry has criticised NTPC after finding out serious irregularities in the construction of Himachal Pradesh's 800 MW Koldam hydroelectric power plant that was being constructed by NTPC. He has instructed the company to take urgent corrective measures.

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  IBM and NDPL enter to partnership to bring down transmission loss - Thursday, September 04, 2008
 
IT major IBM has signed a strategic partnership with a Tata Power and Delhi government joint venture firm, NDPL. The partnership agreement aims to bring down NDPL’s transmission losses below 10 per cent during the next three to seven years.

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  Energy Development Co wins an electrical equipment supply order - Thursday, September 04, 2008
 
The Energy Development Company Ltd, an electricity producing company based in Karnataka has won a Rs 51 crore order for supplying electrical equipment for the Greater Imphal Project under the Accelerated Power Development and Reforms Programme (APDRP) scheme.

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  Uttam Kumar Basu takes over as the managing director of MRPL - Wednesday, September 03, 2008
 
Mr Uttam Kumar Basu has assumed office as managing director of Mangalore Refinery and Petrochemicals Ltd (MRPL) with effect from September 01.

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  Great Offshore purchases two 2 companies - Wednesday, September 03, 2008
 
Great Offshore Ltd, the offshore and oilfield services company has entered the port terminal and offshore logistics business by acquiring two companies in Hyderabad for Rs 160 crores.

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  Car owners may have to spend extra money for their diesel vehicles - Wednesday, September 03, 2008
 
PM Manmohan Singh is understood to have asked the oil minister Murli Deora to start formulating a system, which if brought into force would mean that vehicles owner as well as industrial users would have to shell out extra money on diesel than transporters or farmers.

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  Total LPG India to be known by its world-wide brand name 'Totalgaz' - Wednesday, September 03, 2008
 
Total LPG India Ltd, France's Total SA’s fully-owned Indian arm has said that it would now be known as 'Totalgaz'.

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Power Project News

Test trials begin on Baglihar hydro electric power project - Press Trust of India
No flowing beard for baptized Sukhbir - Times of India
EuroWeek / CLP set to banish Enron ghost in $1.2bn Indian power loan - Euroweek.com
On the BOT bandwagon - India Business Today
Geodynamics to get Tata cash boost - Melbourne Herald Sun
UMPPs are not the answers - HardNews Magazine
India needs project finance — and project finance needs India - Euro Week
'Shortage of cranes is a global issue' - Economic Times
Rel Power may be allowed to use surplus Sasan coal - FinancialExpress
Delhi residents oppose waste-burning power plant - International Herald Tribune

Non-conventional Energy News

US think tank hopeful of Bush regime approving nuclear deal - Hindu
India's top energy - efficient industrial units felicitated - Machinist.in
India needs to look beyond coal-based power, says coal minister - Economic Times
Call for installation of solar water heaters to save energy - Hindu
Asia's biggest solar thermal energy plant to be set up at Nagpur - Economic Times
Energy fromGarbage - India's Loss Malaysia's Gain... - Daijiworld.com
National Seminar on India's Energy Crisis and Indo-US Nuclear Deal ... - PunjabNewsline.com
ONGC to commence pilot production of CBM gas from December 2008 - Your Industry News (press release)
REGIONAL BRIEFS - Chandigarh Tribune
Major European investor tied up for renewable energy SEZ - Business Standard

Petroleum News

India, Colombia sign agreement in hydrocarbon sector - Economic Times
Government rules out immediate cut in fuel prices - Hindu
Indian Bonds Advance a Third Week as Crude Oil Extends Losses - Bloomberg
India's diesel demand soars, no fuel price cut - min - Reuters India
General Motors To Develop Diesel Engines - CarTradeIndia.com
NTK | Forex reserves fell $1.98 bn to $295.3 bn - Livemint
Oil-marketing companies gain on bourses - Business Standard
GAIL India to hike petrochemical capacity - Sify
India: where Christians are a target for the religious murder mobs - Times Online
India's Bonds Advance a Ninth Day on Slump in Crude Oil Prices - Bloomberg

Gas News

2nd UPDATE: India, Colombia Sign Oil & Gas Agreement - CNNMoney.com
FACTBOX: Greenhouse gas curbs, from Australia to India - Reuters
A Guide to Energy Bargains - Washington Post
Police tear gas Muslim protesters in Kashmir - PR-Inside.com (Pressemitteilung)
TAPI gas price for India more than IPI's - PRESS TV
GAIL India to hike petrochemical capacity - Sify
Cheaper gas - Ceylon Daily News
Component Changes Made to Dow Jones BRIC 50 Index - MarketWatch
Sensex down 313 pts; IT,metal stocks decline sharply @ 11:05 hrs - Sify
India hopes ONGC will seal Imperial deal in 5 weeks - Reuters

Bio-fuel News

Unctad predicts India's growth at 7.6% in 2008 - Business Standard
Carbon Credits Are Financing Renewable Energy Projects in India - RenewableEnergyWorld.com
Brazil's Sugar Production Seen Lower on Rain, Ethanol (Update1) - Bloomberg
General Motors to launch two models in 2010 - Business Standard
RNCOS studies India biofuel market - Ethanol Producer Magazine
Biofuel production at ONGC's Jharia block to begin by 2011 - Sify
48th SIAM annual convention adresses challenges faced by the India ... - domain-B
Denial of the rural - Down to Earth (subscription)
UPDATE 1-India MMTC buys 18000 T palm oils for Sept-Oct - Reuters India
Double jeopardy: Responding to high food and fuel prices - The Punch

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