GOOD MORNING INDIA

October 17, 2018, Wednesday

Your Morning Newsletter In Energy And Infrastructure From Across The Media Space  

Only 4 Industries Pass The Clean Energy Tech Test: IEA

Only four industries were on track in 2017 to meet long-term climate goals, the International Energy Agency has said.

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Netherlands Signs Framework Agreement Of International Solar Alliance

Netherlands Signs Framework Agreement Of International Solar Alliance

The Netherlands today signed the framework agreement of the India-initiated International Solar Alliance (ISA) following a bilateral summit between Prime Minister Narendra Modi and his Dutch counterpart Mark Rutte.

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Great News! SDMC Becomes ‘first’ Civic Body In India To Generate Solar Energy

Great News! SDMC Becomes ‘first’ Civic Body In India To Generate Solar Energy

The SDMC today claimed that it has become the “first” civic body in the country to generate solar energy by installing panels over rooftops of its over 55 buildings and earn a huge income in three months by selling surplus power to a power distribution company.

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Bengaluru's Embassy Group Partners With Amazon To Power Smart Homes

Bengaluru's Embassy Group Partners With Amazon To Power Smart Homes

As it marks its entry into the premium-affordable housing segment, Bengaluru-based real estate giant Embassy Group is turning to technology to woo customers in an effort to offer a truly differentiated experience from its rivals.

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Govt. Order On Coal Supply May Hit Non-power Sectors

Govt. Order On Coal Supply May Hit Non-power Sectors

The government’s decision to prioritise coal supply to power plants will greatly hurt other industries dependent on coal such as cement and aluminium, according to industry players who had written to Railways and Finance Minister Piyush Goyal to voice their grievances.

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‘Mangaluru Important For India’s Energy Sector’

‘Mangaluru Important For India’s Energy Sector’

Mangaluru has become very important for the energy sector in the country as it houses oil refining major, Mangalore Refinery and Petrochemicals Ltd., (MRPL), and the crude storage facility, Indian Strategic Petroleum Reserve Ltd., (ISPRL), said Joint Secretary of Ministry of Petroleum and Natural Gas Sunjay Sudhir.

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Toyota To Build Fuel Cell Stack Plant, Ramp Up Fuel Cell Vehicle Sales From 2020

Toyota To Build Fuel Cell Stack Plant, Ramp Up Fuel Cell Vehicle Sales From 2020

Toyota Motor Corp on Thursday said it plans to build a plant to manufacture hydrogen fuel cell stacks, a key component of fuel cell vehicles, as it seeks to mass manufacture hydrogen-powered cars to expand their usage as a zero emissions alternative to gasoline vehicles.

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Priority Lending For Renewable Energy Projects Improved Ease Of Doing Business: Fin Min Official

Priority Lending For Renewable Energy Projects Improved Ease Of Doing Business: Fin Min Official

The inclusion of renewable energy projects in the priority sector lending has improved the ease of doing business and securing finance for clean energy projects, a finance ministry official said today.

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Australia's Origin Energy To Sell Metering Business For $203 Million

Australia's Origin Energy To Sell Metering Business For $203 Million

Australian energy retailer Origin Energy Ltd said on Thursday it has agreed to sell its metering business, Acumen, for A$267 mln ($202.07 mln) to intelliHUB, a company to be jointly owned by Pacific Equity Partners and Landis+Gyr.

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NCLAT Asks Bhushan Power Lenders To Proceed With Selection Of Bids

NCLAT Asks Bhushan Power Lenders To Proceed With Selection Of Bids

The National Company Law Appellate Tribunal today asked the committee of creditors of debt-ridden Bhushan Power and Steel Ltd. to proceed with the bids submitted by Tata Steel Ltd. and U.K.-based Liberty House.

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Bharat Forge: Riding on multiple growth levers

Bharat Forge: Riding on multiple growth levers

Bharat Forge (BFL), a technology-driven metal forging company having a transcontinental presence, posted robust numbers for the March quarter. Revenues grew 30 percent year-on-year, driven by a strong performance in both export and domestic markets.

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TNPCB cuts power supply to Sterlite unit in Tuticorin

TNPCB cuts power supply to Sterlite unit in Tuticorin

With the Madras high court on Wednesday staying expansion of the Sterlite Copper unit in Tuticorin, the Tamil Nadu Pollution Control Board (TNPCB) on Thursday morning ordered cutting of power supply to the plant, located in SIPCOT industrial estate on the outskirts of the port town.

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International coal prices to stay firm: Fitch Ratings

International coal prices to stay firm: Fitch Ratings

Prices of Asian thermal coal, used in generating electricity, are likely to stay firm as global supplies are under pressure and demand for the dry fuel is steady in Asia, said Fitch Ratings in a recent report.

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Govt Seeks $3.8 Billion FromRIL, ONGC, Shell

Govt Seeks $3.8 Billion FromRIL, ONGC, Shell

The government has reiterated a demand for $3.8 billion dollars from Reliance Industries, Shell and ONGC following an English court ruling over government share from the Panna-Mukta and Tapti fields in western offshore.

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GAIL Looks To List Subsidiary GAIL Gas

GAIL Looks To List Subsidiary GAIL Gas

India’s largest state-run gas processing and distribution company, GAIL India Ltd., plans to list its subsidiary GAIL Gas Ltd. on the bourses.

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Oil Slips, Govt’s Hope For Market Correction Rises

Oil Slips, Govt’s Hope For Market Correction Rises

Galloping crude took a pause on Thursday, with global benchmark Brent slipping nearly 1% on prospects of Opec winding down its two-year production deal to fill possible supply gaps from Venezuela and Iran.

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Indian Oil plans to invest Rs 1,387 crore in Andhra Pradesh

Indian Oil plans to invest Rs 1,387 crore in Andhra Pradesh

Indian Oil Corp (IOC), the country's largest oil firm, today said it plans to invest Rs 1,387 crore towards construction of various projects in Andhra Pradesh and Telangana over the next few years.

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Centre Mulling Immediate Solution To Deal With Fuel Prices: Oil Minister

Centre Mulling Immediate Solution To Deal With Fuel Prices: Oil Minister

The Centre is deliberating on an "immediate solution" to deal with rising fuel prices, Union Oil Minister Dharmendra Pradhan said on Thursday.

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Oil Prices And US Interest Rates Control Rupee's Fate

Oil Prices And US Interest Rates Control Rupee's Fate

Let’s get a couple of things straight. The fall in the rupee against the dollar over the past few weeks has gone from being a correction that shaved off some of the overvaluation that had built up to a fullfledged run on the currency.

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Petrol Price Hike: Rahul Gandhi Gives PM Modi A Fuel Challenge

Petrol Price Hike: Rahul Gandhi Gives PM Modi A Fuel Challenge

Congress President Rahul Gandhi on Thursday dared Prime Minister Narendra Modi for a fuel challenge.

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Saudi's $80 oil goal eating into PM Modi's budget before polls

Saudi's $80 oil goal eating into PM Modi's budget before polls

Prime Minister Narendra Modi has an oil problem. And it’s set to worsen with Saudi Arabia rooting for the commodity to push through the $80 barrier.

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Bringing petrol, diesel under GST will lower prices: Devendra Fadnavis

Bringing petrol, diesel under GST will lower prices: Devendra Fadnavis

Fuel prices will come down once the Centre builds a consensus to bring petrol and diesel under the Goods and Services Tax (GST), Maharashtra Chief Minister Devendra Fadnavis said today.

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Windfall oil tax on ONGC in the offing to soften fuel prices

Windfall oil tax on ONGC in the offing to soften fuel prices

The government may levy a windfall tax on oil producers like Oil and Natural Gas Corp (ONGC) as part of a permanent solution it is working on for moderating the spiralling retail prices of petrol and diesel.

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GAIL’s fourth quarter net profit grows fourfold to Rs 1021 crore.

GAIL’s fourth quarter net profit grows fourfold to Rs 1021 crore.

State-run gas utility GAIL (India) Ltd on Thursday reported a fourfold increase in the company’s standalone net profit to Rs 1,021 crore of the fourth quarter ending March 2018. The company had posted a net profit of Rs 260 crore in the corresponding quarter a year ago and had incurred an impairment of investment cost of Rs 788 crore.

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OPINION: Grasping at straws - Pathetic state of biofuels in India

OPINION: Grasping at straws - Pathetic state of biofuels in India

For the past several winters, Delhi has drawn global attention for its life-threatening smog levels. This is attributed, in part, to the open burning of biomass residues like paddy straw and stubble in the neighbouring states of Punjab and Haryana.

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States have the capacity and must cut duty on petrol: NITI Aayog

States have the capacity and must cut duty on petrol: NITI Aayog

States have the capacity and must reduce the duty on petrol, while the Centre should create fiscal space to deal with the impact of spurt in oil prices, NITI Aayog vice chairman Rajiv Kumar said today.

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Tenders worth Rs 13,000 cr withdrawn or cancelled to promote Make in India products

Tenders worth Rs 13,000 cr withdrawn or cancelled to promote Make in India products

Government tenders worth about Rs 13,000 crore were either cancelled or withdrawn and re-issued after the Department of Industrial Policy and Promotion (DIPP) stepped in to change their conditions for promoting 'made in India' goods, a top official said.

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Indian Railways Ghost Employees Scam: Board Orders Crackdown

Indian Railways Ghost Employees Scam: Board Orders Crackdown

In the wake of a salary disbursement scam, the Railway Board has asked the zonal railways' vigilance departments to immediately suspend or transfer those found involved in irregularities.

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Safety Is Topmost Priority Of Our Government: Railway Minister Piyush Goyal

Safety Is Topmost Priority Of Our Government: Railway Minister Piyush Goyal

Minister of Railways and Coal Piyush Goyal (he also holds the additional charge of Finance Ministry in the absence of Arun Jaitley who has undergone kidney transplant) said on Thursday that transparency and honesty are Modi government's top priorities.

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How To Change Name Of Passenger In IRCTC E-ticket?

How To Change Name Of Passenger In IRCTC E-ticket?

Did you know you can change the name of a passenger in IRCTC e-ticket? IRCTC offers the facility of changing the name of the passenger if you have a confirmed e-ticket.

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The Weirdest Things Stolen On Indian Railways By Passengers

The Weirdest Things Stolen On Indian Railways By Passengers

Do Indians deserve a World Class service in railways? We don’t think so.

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Sisodia blames CS, officers for Signature Bridge delay

Sisodia blames CS, officers for Signature Bridge delay

A day after he inspected the site of the much delayed Signature Bridge, deputy chief minister Manish Sisodia registered his annoyance in a strongly worded report that charged the bureaucratic brass led by chief secretary Anshu Prakash with not cooperating with the government on the project.

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Metro walks the talk on connect to terminal 1

Metro walks the talk on connect to terminal 1

From next Tuesday, domestic flyers can use the Delhi Metro to reach Terminal 1 of Indira Gandhi International Airport. With the Magenta Line set to become operational,

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