GOOD MORNING INDIA

December 14, 2018, Friday

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

PRAAPTI App And Web Portal Launched By Minister Of State (I/C) For Power, Shri R.K. Singh For Bringing Transparency In Electricity Payments To Generators.

PRAAPTI App And Web Portal Launched By Minister Of State (I/C) For Power, Shri R.K. Singh For Bringing Transparency In Electricity Payments To Generators.

A Web portal and an App — PRAAPTI (Payment Ratification And Analysis in Power procurement for bringing Transparency in Invoicing of generators), www.praapti.in, was launched on Tuesday by the Minister of State (I/C) for Power RK Singh.

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States Owe Generation Companies Rs 32,024 Crore Till Feb 2018: Govt Portal

States Owe Generation Companies Rs 32,024 Crore Till Feb 2018: Govt Portal

As many as 10 states including Maharashtra, Delhi, Jammu and Kashmir, Rajasthan, Punjab and Haryana have been named "worst" in terms of clearing dues of power generation companies by state-owned discoms, as per government portal Praapti.

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Vedanta Prepares Legal Challenge To India Copper Plant Closure After Fatal Protest: Sources

Vedanta Prepares Legal Challenge To India Copper Plant Closure After Fatal Protest: Sources

Vedanta Resources is working on a legal challenge to an Indian state's closure of one of its copper smelters, but it will not proceed until tensions over the deaths of 13 people during protests last week have eased, two sources told Reuters.

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MCL Plans Joint Venture With NTPC For 1,600MW Pithead Plant

MCL Plans Joint Venture With NTPC For 1,600MW Pithead Plant

Coal India subsidiary Mahanadi Coalfields Ltd (MCL) is planning to form a joint venture with power producer NTPC Ltd to develop the 1,600-MW pithead plant in Odisha’s Sundergarh district, a top CIL official said on Monday.

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Nepal Says To Scrap Hydropower Deal With Chinese Firm

Nepal Says To Scrap Hydropower Deal With Chinese Firm

Nepal’s government said on Tuesday it will build a 750 megawatt hydroelectric plant that was earlier cleared to be developed by China’s state-owned Three Gorges International Corp, in a surprise announcement made while laying out the annual budget.

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Another Shocker For Vedanta’s Setrlite Copper Plant: Tamil Nadu Cancels Land Allotment

Another Shocker For Vedanta’s Setrlite Copper Plant: Tamil Nadu Cancels Land Allotment

The Tamil Nadu government today cancelled land allotment for planned expansion of Vedanta group’s copper plant in Tuticorin “in larger public interest” and ordered a CB-CID probe into the violence during the anti-Sterlite protest and police firing that left 13 dead.

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Kejriwal Writes To PM Seeking His Intervention In 'coal Shortage' Issue

Kejriwal Writes To PM Seeking His Intervention In 'coal Shortage' Issue

Chief Minister Arvind Kejriwal today wrote to Prime Minister Narendra Modi requesting him to direct the Railways to provide rakes for transporting coal to power plants in Delhi-NCR, which are facing "alarming level" of coal shortage.

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Power Min Launches App For Transparency In Gencos Dues From Discoms

Power Min Launches App For Transparency In Gencos Dues From Discoms

The power ministry on Tuesday launched a web application aiming at bringing transparency in dues of power generators from power distribution companies.

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Coal India Staff To Get Extra 7 Per Cent Pay Hike

Coal India Staff To Get Extra 7 Per Cent Pay Hike

The management of Coal India Ltd (CIL) has decided to provide an additional 7 per cent salary on basic and dearness allowance that would replenish employees’ pension fund that is facing a shortfall of Rs 25,000 crore.

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India Faces Copper Supply Disruption Following Sterlite Plant Shutdown

India Faces Copper Supply Disruption Following Sterlite Plant Shutdown

India may face copper supply disruptions following the Tamil Nadu government's decision to shut down Vedanta Sterlite's copper plant at Tuticorin, a closure that would force the industry to spend USD 2 billion in imports, a senior company official said.

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Power Crisis Looms Large Over Delhi-NCR As Thermal Plants Face Acute Coal Shortage

Power Crisis Looms Large Over Delhi-NCR As Thermal Plants Face Acute Coal Shortage

Delhi might be heading to an acute power shortage as the coal stock of some power stations in the national capital region have reportedly fallen to an alarming level.

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Sterlite Copper Will Explore All Options On Thoothukudi Plant Shutdown: CEO

Sterlite Copper Will Explore All Options On Thoothukudi Plant Shutdown: CEO

Dismissing claims by protesters at Thoothukudi, Sterlite Copper chief executive P. Ramnath said the villagers are parroting allegations made by non-governmental organizations (NGOs).

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Salaries, Change In Gratuity Ceiling Pull Down CIL Q4 Profit 52 Per Cent

Salaries, Change In Gratuity Ceiling Pull Down CIL Q4 Profit 52 Per Cent

Change in gratuity payment ceiling and hike in workmen salaries pulled down Coal India’s profit for the quarter and the year ended March 2018 by 52% and 24% respectively.

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Grid Connected Clean Energy Capacity Reaches 70 GW In April

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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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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NTPC Drops

Mahanadi Coalfields Eyes NTPC’s Odisha Plant

Coal India subsidiary Mahanadi Coalfields Ltd (MCL) is looking at a majority stake in the proposed Rs 13,000 crore 1,600 mw super critical power venture with NTPC in Odisha.

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New Coal India CMD Says He Will Ensure Doubling Of Coal Stocks At Power Plants

New Coal India CMD Says He Will Ensure Doubling Of Coal Stocks At Power Plants

New full-time Chairman of Coal India Ltd (CIL), the largest coal miner in the world, says his priority will be to ensure that power plants have coal supply for at least 22 days henceforth.

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Coal India Aims To Be World’s Most-efficient Coal Miner, Says New CMD

Coal India Aims To Be World’s Most-efficient Coal Miner, Says New CMD

The world’s largest miner, Coal India Ltd, now aspires to be the “most-efficient” coal producer, with an aim to bring down costs to a “bare minimum” level as the sector opens up for commercial mining.

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Bad Idea: Government May Ask ONGC To Share Rising Petrol, Diesel Price Burden. Here’s Why It Must Not

Bad Idea: Government May Ask ONGC To Share Rising Petrol, Diesel Price Burden. Here’s Why It Must Not

Here we go again. The gyrations in India’s biggest state-run oil explorer, whose stock was down more than 11.5 percent at one point last week, are a reminder that a nightmare investors thought was over might be resuming.

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Fuel Prices To Weigh On RBI's MPC Meet From June 4

Fuel Prices To Weigh On RBI's MPC Meet From June 4

Hardening domestic fuel prices are likely to weigh on the Reserve Bank's rate setting panel, MPC, at its 3-day meet from June 4.

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RBS To Stop Financing New Coal Plants, Oil Sands Or Arctic Oil Projects

RBS To Stop Financing New Coal Plants, Oil Sands Or Arctic Oil Projects

Britain's Royal Bank of Scotland said on Tuesday it had tightened restrictions on project finance and general lending for high-carbon energy projects and companies, joining other banks like HSBC in shoring up its climate policies.

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India's Maiden Gas Trading Hub To Be Functional Before Dec: PNGRB

India's Maiden Gas Trading Hub To Be Functional Before Dec: PNGRB

The Petroleum and Natural Gas Regulatory Board (PNGRB) expects the proposed gas trading hub to be functional by the end of the calendar year and Crisil has been appointed to assist the regulator and the government in framing rules for the exchange.

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Rising Fuel Prices Hit Transportation Cost Of Industries By 15 Per Cent

Rising Fuel Prices Hit Transportation Cost Of Industries By 15 Per Cent

The rising spree in fuel prices has escalated transportation cost of industries by 15 per cent, increasing their cost of operations.

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BPCL Fourth Quarter Net Profit Up 45 Per Cent At Rs 2,674 Cr

BPCL Fourth Quarter Net Profit Up 45 Per Cent At Rs 2,674 Cr

Bharat Petroleum Corp (BPCL), the nation’s second-largest fuel retailer, today posted a 45 per cent jump in net profit for the quarter ended March 2018 at Rs 2,674 crore on a standalone basis as compared to Rs 1,842 crore reported for the same quarter previous fiscal.

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Fuel Prices To Weigh On RBI’s MPC 3-day Meet

Fuel Prices To Weigh On RBI’s MPC 3-day Meet

Hardening domestic fuel prices are likely to weigh on the Reserve Bank’s rate setting panel, Monetary Policy Committee (MPC), at its 3-day meet from June 4. This is the first time that the MPC will meet for three days due to “administrative exigencies”.

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States Can Lower Petrol Prices By Rs 2.65, Diesel By Rs 2: Sbi Research Report

States Can Lower Petrol Prices By Rs 2.65, Diesel By Rs 2: Sbi Research Report

States can cut petrol prices by Rs 2.65 a litre and diesel prices by Rs 2 litre, a SBI research report has said.

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Let India's ONGC Cash Grab Remain A Bad DreamONGC

Let India's ONGC Cash Grab Remain A Bad DreamONGC

Here we go again. The gyrations in India’s biggest state-run oil explorer, whose stock was down more than 11.5 percent at one point last week, are a reminder that a nightmare investors thought was over might be resuming.

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A Petrol, Diesel Price Solution For 'future' Might Be On The Cards

A Petrol, Diesel Price Solution For 'future' Might Be On The Cards

The rise in petrol and diesel prices has refused to stymie for almost three weeks now.

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Govt May Unveil Policy On Methanol Blending In Petrol

Govt May Unveil Policy On Methanol Blending In Petrol

The government is likely to notify a policy on Tuesday for blending 15 per cent methanol with petrol, a move set to bring down fuel cost for motorists besides reducing pollution.

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Magenta Line Shrinks Delhi A Bit More

Magenta Line Shrinks Delhi A Bit More

avelling from his home in Sector 77 in Noida to his office in Cyber City, Gurugram, used to be a two-hour ordeal for chartered accountant Deepak Goyal.

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Train Delays To Last 6-8 Months More: Railways Official

Train Delays To Last 6-8 Months More: Railways Official

The railways today said passengers will have to bear with train delays for at least six to eight months more, even if the ongoing maintenance and repair works go as per schedule.

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IMD To Install Rainfall Predicting Radars At Railway Stations In Mumbai

IMD To Install Rainfall Predicting Radars At Railway Stations In Mumbai

In what can be called a vital step towards gauging waterlogging on tracks, the Indian Meteorological Department and Railways have jointly decided on Tuesday to set up radars that predict rainfall.

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To Give 4G Phones To All Its Staff, Railways Wants Finance To Relax Rules

To Give 4G Phones To All Its Staff, Railways Wants Finance To Relax Rules

Indian Railways, the country’s largest commercial utility employer, wants to give 4G smartphones to all its 13.5 lakh-odd employees across India at government expense irrespective of their rank, ostensibly to increase productivity.

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Passengers Laud Railway’s Response After Near Mishap

Passengers Laud Railway’s Response After Near Mishap

Most of the passengers in A2 coach of 15015 Gorakhpur-Yeshvantpur Express were all praise for railway authorities, despite the harrowing experience after the train’s wheel broke, delaying their journey by 12 hours.

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Wheel On Gorakhpur-yashwantpur Express Breaks Into Two, Accident Averted

Wheel On Gorakhpur-yashwantpur Express Breaks Into Two, Accident Averted

In a freak incident, a wheel of the speeding Gorakhpur-Yashwantpur Express broke into two pieces near here on Tuesday morning but alert railway staff averted any tragedy, officials said.

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Gurugram Station Upgrade Plea To Rail Minister

Gurugram Station Upgrade Plea To Rail Minister

Minister of state and Gurugram MP Rao Inderjit Singh called on railways minister Piyush Goyal in North Block on Tuesday and pressed for modernisation of Gurugram railway station.

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Porters Oppose E-trolleys On Station

Porters Oppose E-trolleys On Station

At least 300 porters have approached the Gujarat high court against the Western Railway’s (WR) decision to give contract to a private party to operate electric trolleys to ferry luggage and passengers at the Surat railway station.

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