Page 10 - Energy
Shell divests Australian aviation business to Viva Energy for $ 250 mn
It follows the sale of Shell's other downstream activities in the country to Viva Energy in 2014
 "Shell divests Australian aviation business to Viva Energy for $ 250 mn")
Gujarat govt to pick 26% stake in Swan Energy's Rs 5900 cr LNG project
State government will be part of this project through Gujarat State Petronet Limited (GSPL) and Gujarat Maritime Board (GMB)
 "Gujarat govt to pick 26% stake in Swan Energy's Rs 5900 cr LNG project")
Swan Energy inks pact with 2 firms for developing gas field in Iran
As per the deal, Swan will offtake around one MTPA LNG from this project, which will be delivered to the FSRU (floating storage regasification unit) being built by Swan in Gujarat
 "Swan Energy inks pact with 2 firms for developing gas field in Iran")
BHEL commissions first unit of Pulichintala hydro power project
The project, being set up by TSGENCO, is located in Guntur district of Telangana
 "BHEL commissions first unit of Pulichintala hydro power project")
Private capacity accounts for 41% of total power generation in India
From 17 GW in 2006-07, private capacity has moved up to 124 GW in 2015-16, due to favourable government policies, according to FICCI
 "Private capacity accounts for 41% of total power generation in India")
L&T-MHPS Boilers inks licence pact for SCR systems with Japan's MHPS
The move, to secure technology for selective catalytic reduction (SCR) systems, will strengthen the JV's capability to cater to power plant requirements meeting new emission norms
 "L&T-MHPS Boilers inks licence pact for SCR systems with Japan's MHPS")
TERI to undertake study on climate change risks for PetroFed
The study will provide a comprehensive analysis of threats posed by climate change to oil & gas sector and will provide a way forward to tackle these challenges
 "TERI to undertake study on climate change risks for PetroFed")
Transformers and Rectifiers forms JV with China's Jiangsu Jingke
With this JV, which manufacture products such as GIS, HGIS, etc, the company has forayed into transmission and distribution (T&D) sector
 "Transformers and Rectifiers forms JV with China's Jiangsu Jingke")
ABB to install solar-based microgrid at Vadodara facility
The move, aimed at boosting renewable energy generation, will provide uninterrupted power supply to the company's largest manufacturing facility
 "ABB to install solar-based microgrid at Vadodara facility")
Adani Group buys Reliance Infrastructure's transmission assets
The transaction is in line with RInfra's strategic plan of monetising non-core business and focus on major growth areas like defence and EPC business
 "Adani Group buys Reliance Infrastructure's transmission assets")
BHEL bags Rs 430 crore modernisation contracts for hydroelectric plants
The company has secured two renovation & modernisation (R&M) contracts for hydroelectric plants in Balimela (Odisha) and Bairasiul (Himachal Pradesh)
Energy PSUs optimise costs through bulk goods & services purchase
22 CPSUs save 10% on their air travel cost through bulk agreements
 "Energy PSUs optimise costs through bulk goods & services purchase")
Gamesa bags order for 50 MW wind power project from ReNew Power
The order entails the supply of 25 units of G114-2.0MW T106 turbine for the 50 MW project, which is scheduled for commissioning in March 2017, at Bijapur district in Karnataka
 "Gamesa bags order for 50 MW wind power project from ReNew Power")
NKT Cables acquires ABB's cable business for $ 934 million
High voltage cables are used for transmitting large amounts of electricity over long distances
 "NKT Cables acquires ABB's cable business for $ 934 million")
Suzlon secures maiden order from Oil India for wind energy projects
The projects, with total capacity of 52.50 MW, will be located at two sites in Madhya Pradesh and Gujarat, and are scheduled to be completed by June 2017
 "Suzlon secures maiden order from Oil India for wind energy projects")
ABB starts shore-to-ship power supply at Tuticorin port to reduce carbon footprint
The first such installation at a commercial port, provides a plug and play power solution to help eliminate emissions that would result from burning diesel while ships are berthed
 "ABB starts shore-to-ship power supply at Tuticorin port to reduce carbon footprint")
BEE introduces new star rating methodology for ACs
Standards for rating ACs have been continuously tightened over the years. The Star-5 in 2010 became Star-3 in 2015 and will become Star-1 in 2018 as per new ISEER methodology
 "BEE introduces new star rating methodology for ACs")
Gail to use fuel cell technology to generate clean energy
For this, the company has partnered with the US-based Bloom Energy, which provides solid oxide fuel cell technology that generates onsite power from multiple sources
 "Gail to use fuel cell technology to generate clean energy")
Dam-based rooftop plants can save water evaporation losses in India
Canal and dam-based rooftop plants produce power with less or no cost of land, and addresses issues of water & energy security, as per the recent Assocham-EY study
 "Dam-based rooftop plants can save water evaporation losses in India")
Oil supermajors must diversify into new-age energy businesses for survival
These companies can learn from Total's billion-dollar acquisition of Saft that will help it to compete with Tesla-SolarCity, says a Lux Research report
 "Oil supermajors must diversify into new-age energy businesses for survival")
