GOOD MORNING INDIA

June 19, 2018, Tuesday

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

CERC Proposes Payment Based On Supply To Gencos

CERC Proposes Payment Based On Supply To Gencos

In a bid to assist loss-making power distribution companies (discoms), the Central Electricity Regulatory Commission (CERC) has proposed that payment which they make to power generators would be according to the energy supply to discoms, rather than just plant availability.

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NTPC Reports A 10.21% Growth In Q4 PAT

NTPC Reports A 10.21% Growth In Q4 PAT

India’s largest power generator – NTPC Ltd. who along with its group companies, has installed capacity of 53651 MW, declared the audited annual financial results for the year 2017-18 along with the unaudited financial results for fourth quarter of the year 2017-18.

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India Might Have Second Largest Power Capacity In Asia This Year

India Might Have Second Largest Power Capacity In Asia This Year

India may dominate the world’s air pollution list, but it’s still home to states like Tamil Nadu that utilise more wind energy than Sweden and Denmark.

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Coal India’s First Thermal Power Plant To Come Up In Odisha

Coal India’s First Thermal Power Plant To Come Up In Odisha

Coal India Ltd (CIL) will develop its first-ever thermal power plant in the country in Odisha, a top company official said here on Monday.

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Essar Power Partners With Russian Inter RAO For Joint Investments In India

Essar Power Partners With Russian Inter RAO For Joint Investments In India

Essar Power and Inter RAO- Export LLC, an export arm of Russian state-controlled energy company, signed a Memorandum of Understanding and strategic cooperation in the power sector in St Petersburg, Russia, on the sidelines of St. Petersburg International Economic Forum that took place last week.

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IL&FS Unit, Softbank Arm Partner To Set Up 20 Gw Of Solar Units By 2025

IL&FS Unit, Softbank Arm Partner To Set Up 20 Gw Of Solar Units By 2025

IL&FS Energy, a subsidiary of Infrastructure Leasing & Financial Services Limited (IL&FS) has partnered with SB Energy of the SoftBank Group, to jointly develop grid-connected solar parks across various locations in India.

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TN Govt Orders Permanent Closure Of Vedanta Group's Sterlite Plant In Tuticorin

TN Govt Orders Permanent Closure Of Vedanta Group's Sterlite Plant In Tuticorin

The Tamil Nadu government on Monday issued a Government Order, directing the state Pollution Control Board to seal the Vedanta group's copper plant and close it down "permanently" following last week's violent protests + during which 13 people were killed in police firing.

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Essar Signs MoU With Russia's Inter Rao-Export

Essar Signs MoU With Russia's Inter Rao-Export

Ruia-family owned Essar Power has signed an initial agreement with Russia's INTER RAO-Export LLC to collaboration in the power sector in India, the Indian firm said today.

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India's Grid-connected Clean Energy Capacity Reaches 70 GW In April

India's Grid-connected Clean Energy Capacity Reaches 70 GW In April

India added 269.64 MW of renewable energy capacity last month taking the total grid connected clean energy capacity to 70,053.81 MW as on April 30, a government report has said.

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Ensure Sufficient Supply Of Coal To Power Plants In Karnataka: Kumaraswamy To PM Modi

Ensure Sufficient Supply Of Coal To Power Plants In Karnataka: Kumaraswamy To PM Modi

Newly-elected Karnataka Chief Minister HD Kumaraswamy met Prime Minister Narendra Modi here on Monday and flagged the issue of shortage of coal for the state's thermal power plants.

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Goa Mining Scam

Large Cut In Odisha Mining: Assocham

Iron ore mining has witnessed a sizeable decline in Odisha, following the Supreme Court's direction to the miners for payment of compensation of Rs 17,576 crore for exceeding output beyond the quantum fixed under the environmental clearances

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India, Iran Review Bilateral, Regional, Global Issues

India, Iran Review Bilateral, Regional, Global Issues

India and Iran on Monday reviewed bilateral, regional and global issues during a meeting between External Affairs Minister Sushma Swaraj and her Iranian counterpart Javad Zarif here.

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CNG Price In Delhi Hiked By Rs 1.36 A Kg

CNG Price In Delhi Hiked By Rs 1.36 A Kg

CNG price in the national capital was on Monday hiked by Rs 1.36 per kg as input raw material got costlier because of rupee depreciation and rise in natural gas price.

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OIL Q4 Net Profit At Rs 866.5 Cr

OIL Q4 Net Profit At Rs 866.5 Cr

State-owned Oil India Ltd today reported a net profit of Rs 866.5 crore for the March quarter on the back of higher oil prices.

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Why India Is More Vulnerable Than Other Nations To Global Crude Movements

Why India Is More Vulnerable Than Other Nations To Global Crude Movements

Petrol and diesel prices in India are the fourth highest among the top crude oil consuming nations of the world.

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States Can Cut Petrol Price By Rs 2.65/litre By Giving Up Additional Gains: Report

States Can Cut Petrol Price By Rs 2.65/litre By Giving Up Additional Gains: Report

States can cut petrol price by Rs 2.65 per litre and diesel by Rs 2 a litre if they decide to forego potential additional gains out of high crude oil rates, an SBI report said today.

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Crude Oil Prices, Dollar Rates Causing Fuel Price Hike: Dharmendra Pradhan

Crude Oil Prices, Dollar Rates Causing Fuel Price Hike: Dharmendra Pradhan

Petroleum and Natural Gas Minister Dharmendra Pradhan on Monday cited the increase in the cost of crude oil in the international market and the rupee-dollar exchange rate as the primary reason for the recent hike in fuel prices.

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Petrol Price Hike: SBI Economic Body Suggests Measures To Reduce Fuel Prices

Petrol Price Hike: SBI Economic Body Suggests Measures To Reduce Fuel Prices

As the rising fuel price has become a matter of concern for the general public, the Economic Research Department of State Bank of India (SBI) on Monday suggested some measures to reduce the prices of petrol and diesel.

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India Says No Plans For Oil Trade With Venezuela Using 'petro' Cryptocurrency

India Says No Plans For Oil Trade With Venezuela Using 'petro' Cryptocurrency

India said on Monday it had no plans to use Venezuela's local cryptocurrency 'petro' in oil trade with the Latin American nation, which is facing sanctions from the United States.

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Fuel Price Hike: HPCL Responds To Questions On Record Rally In Petrol, Diesel Rates

Fuel Price Hike: HPCL Responds To Questions On Record Rally In Petrol, Diesel Rates

With petrol and diesel prices across the country having skyrocketed to historic highs, M K Surana, Chairman of the third-largest fuel retailer Hindustan Petroleum (HPCL) told media that he does not expect oil prices to come down to $70 levels in the coming 2-3 months.

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T1 On Map As Magenta Line Fully Operational From Today

T1 On Map As Magenta Line Fully Operational From Today

The wait for the Kalkaji Mandir to Janakpuri West section of Delhi Metro’s Magenta Line is finally over.

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Rail Project In Maoist Corridor On Fast-track

Rail Project In Maoist Corridor On Fast-track

The state government on Monday fast-tracked the Wadsa-Desaiganj-Gadchiroli railway line project to take ahead its plans of holistic development in the Maoist belt of Maharashtra.

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More Indians Travel In Airplanes Than In AC Trains: Govt

More Indians Travel In Airplanes Than In AC Trains: Govt

The number of flyers in India is more than those travelling in AC coaches of trains, documents released to mark fourth anniversary of the Narendra Modi government show.

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IRCTC Website Upgrade To Make Train Ticket Booking Easier

IRCTC Website Upgrade To Make Train Ticket Booking Easier

The Ministry of Railways will launch an upgraded version of the Indian Railway Catering and Tourism Corporation (IRCTC) website on Monday.

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No Train Services Between Kolkata, Bangladesh From June 15-18

No Train Services Between Kolkata, Bangladesh From June 15-18

May 28 Train services between Kolkata and Bangladesh capital Dhaka will remain cancelled from June 15 to June 18, owing to 'Eid-Ul-Fitr' celebrations in the neighbouring country, an Eastern Railway spokesman said today.

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Train Delays: Railways To Play Video On Platform Information Screens

Train Delays: Railways To Play Video On Platform Information Screens

In the wake of severe delays in train operations, Indian Railways has decided to play video messages on platform information screens explaining why trains are running late, sources in the railways said.

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Now, Railways To Tell You If Your Ticket Stands A Chance Of Being Confirmed

Now, Railways To Tell You If Your Ticket Stands A Chance Of Being Confirmed

Passengers may not get confirmed berths each time they book a train ticket, but now, thanks to a predictive service on the IRCTC website, they will get to know their chances of getting one, officials said today.

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