GOOD MORNING INDIA

August 21, 2018, Tuesday

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

Power Plants Woes: Private Producers Feel The Pinch

Power Plants Woes: Private Producers Feel The Pinch

The gap between the capacity utilisation levels of India’s state-owned and private power plants continues to widen, with the plant load factor (PLF) of state-owned thermal plants rising by three percentage points to 77% in April (y-o-y) even as the PLF of private producers slipped nearly seven percentage points to 55.2%.

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Goldman Sachs’ Renew Power Stake Sale To Be Biggest IPO Exit By A PE Firm In India

Goldman Sachs’ Renew Power Stake Sale To Be Biggest IPO Exit By A PE Firm In India

Goldman Sachs Group Inc.’s planned $600 million stake sale in ReNew Power Ventures Pvt. Ltd will mark the biggest exit for a private equity fund through an initial share sale in India.

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Tax Department To Sell Cairn Energy's Attached Shares At 'appropriate Time'

Tax Department To Sell Cairn Energy's Attached Shares At 'appropriate Time'

The Tax Department will sell at an "appropriate time" the shares owned by British firm Cairn Energy plc which were attached following a Rs 10,247-crore tax demand, a senior tax official said.

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Biomass Power Generation Takes Backseat In East Godavari

Biomass Power Generation Takes Backseat In East Godavari

The powered generation through biomass is said to have taken backseat in East Godavari and in AP in general.

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Cement, Power Companies Face Coal Supply Shortage

Cement, Power Companies Face Coal Supply Shortage

Coal-consuming firms such as private sector power producers and cement manufacturers are facing a crisis due to a shortage of the fuel - a key input, thanks to a surge in demand for electricity during summer and a rise in global prices of coal.

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NTPC Dadri Plant Synchronised

NTPC Dadri Plant Synchronised

NTPC Dadri today synchronised the 490 MW unit, bringing an additional 300 MW to the power grid.

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India To Attend WTO Members Meet In Paris

India To Attend WTO Members Meet In Paris

India and other key members of the World Trade Organisation (WTO) will discuss ways to combat growing protectionism across the world, including recent actions taken by the Trump regime in the US, at an informal meeting of select Trade Ministers at the OECD meet in Paris later this month.

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Hydel Power Likely To Get Regulatory Boost For Competitive Tariff

Hydel Power Likely To Get Regulatory Boost For Competitive Tariff

Hydel power projects may get a regulatory boost to solve their problems towards offering a competitive tariff structure.

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Finance Ministry In Talks With Investors To Set Up Strategic Investment Fund Under NIIF

Finance Ministry In Talks With Investors To Set Up Strategic Investment Fund Under NIIF

The finance ministry is planning to set up a fund under the National Investment and Infrastructure Fund (NIIF) dedicated for strategic investments.

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Sushma Swaraj, Iranian Foreign Minister To Discuss Bilateral Ties Today

Sushma Swaraj, Iranian Foreign Minister To Discuss Bilateral Ties Today

Mohammad Javad Zarif, Iran’s foreign minister, will hold discussions with his Indian counterpart Sushma Swaraj on Monday as the two countries look at the fallout of the United States pulling out of a nuclear deal with Tehran and a fresh round of sanctions against the country, officials said.

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Govt Looks To Stick It Out As Global Crude Oil Prices Lose Steam

Govt Looks To Stick It Out As Global Crude Oil Prices Lose Steam

Faced with a tough political call over high fuel prices, the Modi government is looking to stick it out, calculating the global rally in crude is likely to lose steam and this will ease the squeeze consumers are currently experiencing.

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Indian Motor Fuel Prices Fourth Highest Among Top 10 Crude Oil Nations

Indian Motor Fuel Prices Fourth Highest Among Top 10 Crude Oil Nations

At a time when petrol and diesel prices have hit record high, an analysis based on data compiled from various online sources reveals that petrol and diesel prices in India are not only the highest in this region but also fourth highest among the top 10 crude oil consuming nations in the world.

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Decision On Fuel Prices In Interest Of State: Maharashta CM

Decision On Fuel Prices In Interest Of State: Maharashta CM

Maharashtra chief minister Devendra Fadnavis on Sunday, while answering a query on measures being taken to check continuously rising fuel prices, said that the decision taken on it was "in the interest of the state".

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Petrol Prices Rise For 14th Straight Day; Cross Rs 85 Mark In Mumbai

Petrol Prices Rise For 14th Straight Day; Cross Rs 85 Mark In Mumbai

Domestic petrol prices increased for the 14th consecutive day on Sunday, with the key transportation fuel being sold at Rs 78.12 per litre in the national capital.

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Maximise Oil/gas, Not Government Revenue

Maximise Oil/gas, Not Government Revenue

Most will agree the new policy on allocating oil/gas acreage is better than the earlier one where the government picked blocks that oilcos then bid for.

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Narendra Modi Inaugurates Rs11,000 Crore Eastern Peripheral Expressway

Narendra Modi Inaugurates Rs11,000 Crore Eastern Peripheral Expressway

Asserting that infrastructure is a key priority of his government, Prime Minister Narendra Modi on Sunday said Rs3 lakh crore (Rs3 trillion) has been spent on laying a network of 28,000 km of highways.

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Delhi-Meerut And Eastern Periphery Expressway Inaugurated: All You Want To Know

Delhi-Meerut And Eastern Periphery Expressway Inaugurated: All You Want To Know

Prime Minister Narendra Modi on Sunday inaugurated Phase 1 of the Delhi-Meerut Expressway (DME) and Eastern Periphery Expressway (EPE).

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Isro: Trial Of Sat-based Warning System At Unmanned Railway Crossings Satisfactory

Isro: Trial Of Sat-based Warning System At Unmanned Railway Crossings Satisfactory

The trial of a satellite-based early warning system about approaching trains at unmanned level crossings has been completed by the railways, a top official of Indian Space Research Organisation (Isro) said.

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Lajpat Nagar-south Campus Section Of Pink Line Delayed

Lajpat Nagar-south Campus Section Of Pink Line Delayed

Your wait to take the metro to shopping destinations like Sarojini Nagar, INA, South Extension and Lajpat Nagar just got longer.

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Gujarat CM Flags Off Mumbai Duronto Express From Rajkot

Gujarat CM Flags Off Mumbai Duronto Express From Rajkot

Gujarat Chief Minister Vijay Rupani today flagged off Duronto Express which was recently extended to Rajkot from Ahmedabad by Railways.

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PM Modi Inaugurates Digital Art Gallery Of NHAI In Jakhauli, Haryana

PM Modi Inaugurates Digital Art Gallery Of NHAI In Jakhauli, Haryana

Prime Minister Narendra Modi today inaugurated the Digital Art Gallery of National Highways Authority of India (NHAI) at the toll plaza in Jakhauli village in Haryana.

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Delhi Metro: South Campus, Moti Bagh Among 10 Stations Renamed

Delhi Metro: South Campus, Moti Bagh Among 10 Stations Renamed

Durgabai Deshmukh South Campus and Sir Vishweshwaraiah Moti Bagh stations on the Delhi Metro Pink Line did not carry the name of the two personalities in the original plan and they were rechristened on the recommendations of a panel, which had suggested renaming of eight other names on the network, according to sources.

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Govt’s Infra Boost Has Shown Results

Govt’s Infra Boost Has Shown Results

The infrastructure sector has received significant attention in the last four years of the present government.

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IIT Moves HC On Metro Station Naming

IIT Moves HC On Metro Station Naming

IIT Delhi has approached the high court opposing the naming rights of a metro station near the institute being acquired by a coaching institute.

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