GOOD MORNING INDIA

August 21, 2018, Tuesday

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

Coal India Limited Mulling To Erect Thermal Power Plant In Bokaro

Coal India Limited Mulling To Erect Thermal Power Plant In Bokaro

The Coal India Limited (CIL) is on the move to erect a thermal power unit in Bokaro and is looking for a Joint Venture for this proposed unit.

Read more

TN Govt’s Sterlite Closure Order On Shaky Ground

TN Govt’s Sterlite Closure Order On Shaky Ground

The Tamil Nadu government has been punching the air since ordering the “permanent closure” of Sterlite Copper smelter in Tuticorin on Monday, but legal experts say the grounds of the order are so weak that the company could challenge it.

Read more

Power Grid: Strong Order Book To Drive Earnings In FY18-22, Say Analysts

Power Grid: Strong Order Book To Drive Earnings In FY18-22, Say Analysts

Power Grid’s March quarter (Q4) performance, announced after market hours on Tuesday, saw earnings grow at a moderate pace, partly due to exceptional items.

Read more

Rush For Renewable Energy IPOs

Rush For Renewable Energy IPOs

The burgeoning renewable energy industry is likely to witness an unprecedented IPO rush in the near future to tap India's capital markets.

Read more

ICICI To Set Up Probe Into CEO’s Videocon Links

ICICI To Set Up Probe Into CEO’s Videocon Links

Controversy-stricken ICICI Bank on Wednesday said it would institute an independent probe, headed by a credible person, to look into allegations that its MD & CEO Chanda Kochhar had breached its code of conduct.

Read more

ReNew To Retire Debt, Build M&A Warchest With Proceeds From Planned IPO

ReNew To Retire Debt, Build M&A Warchest With Proceeds From Planned IPO

India’s largest renewable power company, ReNew Power, aims to deploy the funds through a planned initial public offering (IPO) of its equity on acquisition and to diversify into allied sectors.

Read more

PSB-funded Power Projects May Have To Procure Local Equipment

PSB-funded Power Projects May Have To Procure Local Equipment

The government is considering making it mandatory for all power projects funded by state-run banks to procure local equipment.

Read more

Will India’s Coal Plants Be Left High And Dry?

Will India’s Coal Plants Be Left High And Dry?

Thanks to the rise of low-cost electricity from wind and solar plants, a third of India’s coal power plant capacity is likely to be ‘stranded’.

Read more

'124,000 Premature Deaths Can Be Avoided If Coal-fired Plants Meet Standards'

'124,000 Premature Deaths Can Be Avoided If Coal-fired Plants Meet Standards'

The implementation of new emission standards for thermal power plants can avoid 124,000 premature deaths every year in India, says a new report suggesting 13 measures to drop pollution levels by 40 per cent.

Read more

Power Grid To Offer Up To 20% Of Tower Assets To Telecom Firms

Power Grid To Offer Up To 20% Of Tower Assets To Telecom Firms

With an aim to leverage its tower infrastructure, state-run Power Grid Corporation of India (PGCIL) is planning to offer at least 10-20 percent of its 1.5 lakh tower assets to telecom operators.

Read more

Power Grid Corporation Plans To Raise Rs 17,500 Crore This Fiscal

Power Grid Corporation Plans To Raise Rs 17,500 Crore This Fiscal

Power Grid Corporation of India (PGCI) said it will raise Rs 17,500 crore in the current fiscal (2018-19) for its capital expenditure plans of Rs 25,000 crore.

Read more

Arunachal Never Build Hydel Projects Against The Will Of People: CM

Arunachal Never Build Hydel Projects Against The Will Of People: CM

Arunachal Pradesh Chief Minister Pema Khandu, paying a visit to Upper Siang district, on Wednesday made it clear that the State Government would never develop hydropower projects in the Siang basin “against the will of the people”.

Read more

ESSL Puts Bidding For 10k E-ears On Hold; Waiting For New Norms

ESSL Puts Bidding For 10k E-ears On Hold; Waiting For New Norms

State-owned Energy Efficiency Services (EESL) has put on hold its second round of bidding for procuring another 10,000 electric car for which it had floated tender in March this year.

Read more

Tesla Hints At 'challenging Regulations' For Not Being Able To Enter India

Tesla Hints At 'challenging Regulations' For Not Being Able To Enter India

US-based electric car major Tesla today alluded to a challenging environment for not being able to enter India, a market which it would love to be in, according to company's Chief Executive Elon Musk.

Read more

REC Looks To Up Renewable Energy Exposure To 4-5% By 2022

REC Looks To Up Renewable Energy Exposure To 4-5% By 2022

State-run Rural Electrification Corporation (REC) is targeting to increase the exposure to the renewable energy segment in its total loan book to 4-5 per cent by 2022, a top company official said.

Read more

How Badly Will Sterlite Copper Shutdown Affect Copper Production In India

How Badly Will Sterlite Copper Shutdown Affect Copper Production In India

One of India's largest copper production plants - Sterlite Copper at Tuticorin - is shut.

Read more

Coal India To Hike Daily Supplies Even As Governments Differ On Coal Shortage

Coal India To Hike Daily Supplies Even As Governments Differ On Coal Shortage

Soon after taking charge, new CIL chairperson Anil Kumar Jha said that the Power Ministry had set a daily supply level to ensure that every thermal power plant was carrying 22 days consumption of coal – the normative stock as laid down in standard operating procedures.

Read more

NCLAT Allows Vedanta To Make Upfront Payment Of Rs 5,320 Cr For Electrosteel

NCLAT Allows Vedanta To Make Upfront Payment Of Rs 5,320 Cr For Electrosteel

The National Company Law Appellate Tribunal (NCLAT) on Wednesday allowed Vedanta Ltd to make an upfront payment of Rs 5,320 crore to lenders for acquisition of Electrosteel Steels.

Read more

Electrification Of Vehicles Growing In India, China, And Europe

Electrification Of Vehicles Growing In India, China, And Europe

India and Europe have witnessed growth in the electrification of modes of transport including buses and two-wheeler even as China accounts for more than 99 per cent of both electric bus and two-wheeler stock, the International Energy Agency (IEA) said today.

Read more

Vedanta's Sterlite Copper Shutdown Hits Chemicals Units In Tamil Nadu

Vedanta's Sterlite Copper Shutdown Hits Chemicals Units In Tamil Nadu

The closure of Sterlite Copper, the smelting unit of Vedanta Group, is expected to impact the fertilisers and chemicals industry in Tamil Nadu, as it is a major supplier of phosphoric acid and sulphuric acid in the State.

Read more

NMDC, NLCSign Pact With Australian Firm For R&D

NMDC, NLCSign Pact With Australian Firm For R&D

State-owned National Mineral Development Corporation and NLC India Ltd (formerly Neyveli Lignite Corporation) today signed a pact with Environmental Clean Technologies Ltd, Australia, for setting up a research and development facility in Tamil Nadu.

Read more

$100 A Barrel Oil Not Expected

$100 A Barrel Oil Not Expected

There is no reason for oil to hit $100 a barrel, BP Chief Executive Bob Dudley said.

Read more

India’s Reliance To Halt Oil Imports From Iran From Oct-nov – Sources

India’s Reliance To Halt Oil Imports From Iran From Oct-nov – Sources

India's Reliance Industries Ltd, owner of the world’s biggest refining complex, is planning to halt oil imports from Iran, two sources familiar with the matter said, in a first sign that new US sanctions are forcing buyers to shun oil purchases from Tehran.

Read more

EXCL: Oil Minister Dharmendra Pradhan Defends Government, Says Steps Being Taken To Bring Fuel Under GST Ambit

EXCL: Oil Minister Dharmendra Pradhan Defends Government, Says Steps Being Taken To Bring Fuel Under GST Ambit

Union Oil Minister Dharmendra Pradhan, in an exclusive interview to Times Now, spoke at length about the incessant increase in petrol and diesel prices over the past few days.

Read more

ONGC Fourth Quarter Net Profit Up 36.2 Per Cent At Rs 5,915 Crore

ONGC Fourth Quarter Net Profit Up 36.2 Per Cent At Rs 5,915 Crore

State-owned petroleum explorer Oil and Natural Gas Corporation (ONGC) today posted a 36.2 per cent jump in net profit at Rs 5,915.12 crore for the quarter ended March 2018 on a standalone basis as compared to net profit of Rs 4,340 crore posted in the corresponding quarter previous fiscal (2016-17).

Read more

ONGC Mulls New Reporting Standard To Improve Credit Rating

ONGC Mulls New Reporting Standard To Improve Credit Rating

Oil and Natural Gas Corporation (ONGC) is contemplating to adopt a new reporting standard with respect to environment, social and corporate governance (ESG), which is being benchmarked on the international sustainability reporting guidelines.

Read more

Ujjwala Scheme Successful In Terms Of Number, But Is It The Same In Its Intent?

Ujjwala Scheme Successful In Terms Of Number, But Is It The Same In Its Intent?

In May 2016, Prime Minister Narendra Modi announced Pradhan Mantri Ujjawala Yojna (PMUY) with an objective of replacing dirty cooking fuels, mostly used in rural India and BPL households in the country, with a clean and more efficient LPG.

Read more

Fully Operational Magenta Line Pushes Metro Ridership By 2 Lakh

Fully Operational Magenta Line Pushes Metro Ridership By 2 Lakh

Delhi Metro’s Magenta Line is a hit with commuters and the figures prove that. On Tuesday, when the Janakpuri West to Kalkaji Mandir section of the corridor opened for public, its ridership went up by 2 lakh.

Read more

Before Roads, Rail Lines Will Be Saved From Drowning In Mumbai

Before Roads, Rail Lines Will Be Saved From Drowning In Mumbai

Rail tracks will be prioritised over roads when it comes to saving them from getting drowned, the authorities have collectively decided. So in case of flooded streets and submerged tracks, the government machinery will focus on clearing the tracks first.

Read more

Wipro Infrastructure Forays Into Automation Solution Business

Wipro Infrastructure Forays Into Automation Solution Business

Wipro Infrastructure Engineering, a business division of Wipro Enterprises Ltd, the privately held business by billionaire Azim Premji, has set up a new business division, called automation solutions, under which it will boost productivity of manufacturing companies in India, the Middle East and Africa by making up industrial robots in their facilities.

Read more

Fir Against 1,000 Train Passengers

Fir Against 1,000 Train Passengers

A criminal case has been instituted against 1000 passengers of 13024 Gaya-Howrah Express for stone-pelting on Sealdah-Rajdhani Express on Monday night.

Read more

Indian Railways To Add Electrification To Increase Speed Of Train Travel And Reduce Environmental Issues

Indian Railways To Add Electrification To Increase Speed Of Train Travel And Reduce Environmental Issues

Railway Minister Piyush Goyal on Wednesday said that the Indian Railways are working on a mission to add electrification to increase the speed of rail travel and reduce the impact on the environment.

Read more

YESTERDAY'S HEADLINES

https://goo.gl/AxxRF1

Warm Regards
Team EnergyInfraPost.com
Twitter handle:@energyinfrapos1
For Feedback pl Write at:
Energyinfrapost@gmail.com

2016 EnergyInfraPost.com | Contact Us 
B 306, First Floor, Saraswati Vihar, Pitampura, New Delhi