06/01/2017
Duke Energy reports possible coal-ash spill at Rogers Energy Complex
Biz Journals reported that storm water that could have been contaminated with coal ash that washed out of a lined landfill at Duke Energy’s Rogers Energy Complex got into a nearby creek during heavy rains over the New Year’s holiday.
06/01/2017
Wind power potential high in Dhanushkodi region - NIWE
According to the National Institute of Wind Energy (NIWE), the results of measuring offshore wind potential in the Dhanushkodi region have been encouraging.
06/01/2017
Aboitiz Power secures USD 1.2 billion stake in coal plants in Bataan
Business Inquirer reported that a unit of Aboitiz Power Corp. has completed its acquisition of stakes in two coal-fired power plants in Bataan province,
06/01/2017
US green energy producers hopeful despite Trump’s coal promise
Associated Press reported that Swaths of virgin desert in the U.S. West in recent years have transformed into solar farms, a trend green energy supporters predict will persist even with the election of a president who is making fossil fuel-friendly Cabinet appointments and promises to bring back coa...
06/01/2017
Mr Vedprakash says Japan concern at iron ore handling
Express News Service cited Mr Vedprakash CMD of Metals and Minerals Trading Corporation (MMTC) Limited as saying that the Japanese delegation was very much concerned at the implementation of assurances in cargo handling. They were very keen on the quality of the iron ore and its purity. They would t...
06/01/2017
JNPT drops plan to construct deep water terminal
According to a feasibility study by consultancy firm Howe Engineering Projects, the cost involved in the project is too high as deep water is quite far from the shore. The plan to have an offshore deep water terminal to boost capacity at Jawaharlal Nehru Port Trust (JNPT) has been shelved.
06/01/2017
Beijing inks deal to manage strategic Sri Lankan Port
Sputnik reported that after pouring billions into a project to develop key air and sea travel hubs in the southern-most regions of Sri Lanka, it appears that the Sri Lankan government will officially approve undisclosed Chinese companies to manage the Port of Hambantota for the rest of the 21st cent...
06/01/2017
World trade growth during 2016 - Allied Shipbroking
It’s been a turbulent year for world trade growth during 2016, as bumps and shakes were in the daily agenda over the course of the year. In a recent note, shipbroker Allied Shipbroking noted that “growing populist and nationalist movements in the Western world start to take hold.
06/01/2017
Lodha Group starts INR 50 crore fund for startups on real estate sector
The Hindu reported that real estate developer Lodha Group has set up an investment fund for startups focused on smart city solutions and the real estate sector. With an initial investment corpus of INR 50 crore,
06/01/2017
Finance Ministry clears 29 investment proposals worth of INR 2.11 lakh crore last year
PTI reported that proposals of Ministry of External Affairs and Ministry of Road, Transport and Highway involving investment of INR 7,291 crore and INR 6,461 crore, respectively, were also cleared. Expenditure Finance Commission (EFC) under Ministry of Finance cleared 29 proposals
06/01/2017
Donald Trump Organization cancels business talks in 3 countries - Report
Associated Press reported that the Trump Organization has canceled talks over possible projects in Brazil, Argentina and India as the president-elect pulls back from deal-making less than three weeks before taking office.
06/01/2017
MMRDA invites bids for 2 more metro railway projects
DNA reported that the Mumbai Metropolitan Region Development Authority (MMRDA) on Wednesday invited tenders for two more metro railway projects — the DN Nagar to Mankhurd Metro 2B and the Wadala to Kasarvadavali Metro 4 corridors.