InfralineEnergy

11/03/2020

Every $10 fall in crude price helps major consumers like India save $15 billion of external payment or 0.5% of GDP. Hence, the fall in crude price will benefit India's macro current account deficit, fiscal deficit & inflation: Deloitte India.

Crude oil crashed more than 30% even as the IEA revised lower global demand for the first time since 2009.Every dollar per barrel drop in crude prices reduces India’s oil import bill by ₹10,700 crore on annualized basis

10/03/2020

Our heartiest greetings on Holi, the festival of vibrant colours.
May this joyous occasion bring happiness, peace and prosperity in everyone’s life.

Wishing you all a very colourful, joyous and Happy Holi.

08/03/2020

We wish everyone a very happy international

We honour the great contributions of every women, throughout history & the present in helping achieve everything India has.
May we commit to encourage more women's participation in all spheres of life.

07/03/2020

The Lok Sabha has passed the Mines and Mineral Laws (Amendment) Bill.

The Bill proposes to remove end-use restrictions for participating in coal mine auctions for all global & domestic companies & also paves way for auctioning of iron ore mining leases.

The Bill proposes to remove end-use restrictions for participating in coal mine auctions and will open up the coal sector fully for commercial mining for all domestic and global companies.

03/03/2020

Sustaining all life on Earth.

On , let us reaffirm our commitment to conserving our environment, to slow down the rapidly increasing rate of extinction and global warming.
This is our only home.

02/03/2020

With the Coronavirus outbreak, oil price dropped precipitously as global demand weakens further.

For only the fourth time in almost 40 years, oil consumption may not grow at all in 2020, according to a growing minority of traders, investors and analysts. For OPEC, gathering in Vienna this week to discuss production policy, it’s a nightmare scenario likely to force the cartel into deep output cuts.

Oil prices are down more than 20% since the start of the year despite OPEC and its allies including Russia, a grouping known as OPEC+, curbing oil output by 1.7 million bpd under a deal that runs to the end of March.

NEW YORK (AP) — With the viral outbreak spreading to more countries, the price of oil has dropped precipitously as global demand weakens even further. That has sent shares tumbling for oil...

29/02/2020

In a landmark moment, Power Minister R K Singh announced 11 Renewable Energy Management Centers for renewable energy integration.

They are equipped with artificial intelligence-based RE forecasting and scheduling tools and provide greater visualisation and enhanced situational awareness to the grid operators.

In what would be a milestone event for the renewable energy industry, eleven ‘Renewable Energy Management Centres’ (REMC) are to be inaugurated on Friday by Union Power Minister RK Singh.These REMCs,

25/02/2020

GAIL India Limited will invest Rs 1.05 lakh crore in the next 5 years for expanding pipelines and city gas distribution network, among other infrastructure development.
The aim of the development is to become less reliant on polluting fuels, as emphasized by the government of India.

India Business News: State-run GAIL has lined up a war chest of over Rs 1 lakh crore for expanding petrochemical capacity and network of gas pipelines — the latter with th

24/02/2020

Prime Minister Narendra Modi welcomed President of USA Donald Trump at Ahmedabad today.
A deal for additional supplies of gas to India and joint formulation to maintain balance in the Indo-Pacific region will be among key outcomes from the visit.

22/02/2020

Mahindra Renewables to sell entire stake in 3 subsidiaries to CLP India: Cleansolar Renewable Energy, Divine Solren and Neo Solren for nearly 340 crore.
The above subsidiaries were formed to set up and operate solar plants in Telangana.

Mahindra & Mahindra on Friday said its wholly-owned arm Mahindra Renewables will sell its entire stake in three subsidiaries to CLP India, a part of Hong Kong-based CLP Group, for nearly ₹340

19/02/2020

With global Liquefied Natural Gas (LNG) spot cargo falling to record levels on the back of a supply glut and demand contraction, Petronet LNG Limited, India’s largest importer of natural gas is looking at investment opportunities across the globe, including Tellurian’s Driftwood LNG terminal, for sourcing LNG for India at the cheapest possible price.

An agreement worth $2.5 billion is expected to sign between the two parties during US President Trump’s visit to India.

New Delhi, Feb 17 (IANS) State-owned gas importer Petronet LNG Ltd may sign the $2.5 billion agreement with US LNG developer Tellurian Inc to pick up 18 per cent stake in Louisiana-based Driftwood LNG Terminal during the upcoming visit of US President Donald Trump to India later this month, two sour...