GOOD MORNING INDIA

June 23, 2018, Saturday

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

Centre plans to make discoms pay for load-shedding

Centre plans to make discoms pay for load-shedding

Union power minister RK Singh said on Tuesday that power distribution companies, or discoms, would have to pay penalty for load shedding in any area across the country from the next financial year.

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India poised to reach target in renewable energy sector: Power Minister

India poised to reach target in renewable energy sector: Power Minister

Union Minister of State for Power and New & Renewable Energy, R K Singh, said that the Kisan Urja Suraksha evam Utthaan Mahabhiyan (KUSUM) a scheme meant to harness solar power for rural India will be launched in July 2018.

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UP did good work in rural electrification: Union Minister

UP did good work in rural electrification: Union Minister

Union Minister of State for Energy R K Singh on Tuesday said Uttar Pradesh has made rapid strides in rural electrification in last one year. He said his ministry has so far provided Rs 6,946 crore to UP government for Deen Dayal Gram Jyoti Yojana and Rs 5,320 crore under integrated power development scheme (IDPS).

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Average spot power price spurts 60% to Rs 4.67/unit in May

Average spot power price spurts 60% to Rs 4.67/unit in May

Average spot power price surged by 60 percent to Rs 4.67 per unit at Indian Energy Exchange (IEX) in May compared to 2.91 per unit in same month year ago mainly due to high demand amid peak summer season, coal shortage and lower wind and hydro energy output.

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How Government’s Latest Resolution Plan For Stressed Power Assets Could Work

How Government’s Latest Resolution Plan For Stressed Power Assets Could Work

The government, banks and other power sector lenders are currently working on a resolution plan for stressed assets in the power sector.

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Discom losses plunged to ₹17,352 crore in FY18, says power minister

Discom losses plunged to ₹17,352 crore in FY18, says power minister

State-owned electricity distribution companies (discoms) have witnessed a substantial drop in their losses, power minister Raj Kumar Singh said on Tuesday. Discom’s losses have narrowed to Rs17,352 crore in 2017-18 from Rs51,096 crore in FY16.

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KUSUM scheme: All about PM Modi’s Rs 1.4 lakh crore solar power scheme for farmers

KUSUM scheme: All about PM Modi’s Rs 1.4 lakh crore solar power scheme for farmers

With an aim to promote use of solar power among farmers, the government is all set to launch Rs 1.4 crore KUSUM scheme next month. “The KUSUM (Kisan Urja Suraksha Evam Utthaan Mahaabhiyan) will be implemented in July.

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India In Clean Energy Push: Narendra Modi

India In Clean Energy Push: Narendra Modi

The country is engaged in a massive push to reduce dependency on fossil fuels and focus on renewable energy, Prime Minister Narendra Modi said on Tuesday, indicating that solar energy is India’s answer to the problem of climate change.

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NITI Aayog Working On Road Map For Full-scale Methanol Economy

NITI Aayog Working On Road Map For Full-scale Methanol Economy

As part of its initiative to promote clean energy and environment, government think-tank NITI Aayog today said it is preparing a road map for a full-scale implementation of methanol economy in the near future.

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World Environment Day: PM Modi Urges People To Beat Plastic Pollution

World Environment Day: PM Modi Urges People To Beat Plastic Pollution

President Ram Nath Kovind, Vice President M. Venkaiah Naidu and Prime Minister Narendra Modi on Tuesday urged people to reaffirm the commitment to a cleaner and sustainable planet and pledge to beat the plastic pollution.

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Solar Power Scheme Entailing Rs 1.4 Lakh Cr To Be Implemented From Next Month: RK Singh

Solar Power Scheme Entailing Rs 1.4 Lakh Cr To Be Implemented From Next Month: RK Singh

The big ticket Rs 1.4 lakh crore KUSUM scheme to promote the use of solar power among farmers will be implemented from next month, renewable energy minister R K Singh said today.

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Amazon To Install Solar Rooftops At Fulfilment, Sort Centres

Amazon To Install Solar Rooftops At Fulfilment, Sort Centres

In its global initiative to generate clean energy, e-commerce major Amazon India today said it will install 8,000-kilowatt (kW) rooftop solar panels at its fulfilment centres and sortation sites in the country by year-end to make them self sustaining.

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Why India Needs To Act Quickly On Its Solar Power Ambitions

Why India Needs To Act Quickly On Its Solar Power Ambitions

As a historic accord to limit the degradation of the environment through controlling the emissions of Carbon into the atmosphere, the Paris Agreement represents the widest and most concerted assault by humanity upon the dangers of climate change.

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Industrialist Naveen Jindal Questioned By CBI For 5 Hours In Coal Block Allocation Scam Case

Industrialist Naveen Jindal Questioned By CBI For 5 Hours In Coal Block Allocation Scam Case

Former Congress lawmaker and industrialist Naveen Jindal was questioned by the Central Bureau of Investigation (CBI) on Monday in the ongoing investigation in the coal block allocation scam case.

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In A First, Indian Oil Corporation To Channel Refinery Waste Gas For Ethanol Production

In A First, Indian Oil Corporation To Channel Refinery Waste Gas For Ethanol Production

In a first-of-its-kind venture in the world, Indian Oil Corporation is planning to utilise off-gases (waste gas) from various processing units of its refineries for production of ethanol.

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Former oil secretary Vivek Rae quits IOC board

Former oil secretary Vivek Rae quits IOC board

Former oil secretary Vivek Rae has resigned as independent director from the board of Indian Oil Corporation (IOC) owing to differences with the company management.

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Who Is To Blame For Oil Price Surge?

Who Is To Blame For Oil Price Surge?

Public sector oil companies need to be transparent in their price fixation policies. Policymakers also need to question whether our oil companies/refineries are efficient by world standards. Only then, can one identify the ex-post and ex-ante factors behind the high domestic oil price

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India's Nayara sees no problem in replacing Iranian oil, if required

India's Nayara sees no problem in replacing Iranian oil, if required

Indian private refiner Nayara Energy, a key buyer of Iranian oil, is prepared to replace Iranian oil if required under U.S. sanctions and hopes to settle dues owed to Tehran for past purchases ahead of a November deadline, its chief executive said.

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Why States are reluctant to cut VAT on auto fuels

Why States are reluctant to cut VAT on auto fuels

Petrol price was cut by 13 paise a litre and diesel by 9 paise a litre on Tuesday in line with the softening of international crude oil and product prices.

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India Reports Flat Crude Oil Production In April

India Reports Flat Crude Oil Production In April

India’s crude oil production in April 2018 remained nearly flat, decreasing marginally by 0.83 per cent to 2,915 Thousand Tonne (TMT) as compared to 2,939 TMT produced in the corresponding month a year ago.

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Oil climbs, but record US crude output, higher Opec supplies drag

Oil climbs, but record US crude output, higher Opec supplies drag

Oil prices edged higher on Tuesday after falling nearly 2 per cent in the previous session, but growing US production and expectations of higher Opecsupplies continue to weigh on sentiment.

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Bullet Train Project: VMC to discuss allotting land

Bullet Train Project: VMC to discuss allotting land

Even as farmers in Gujarat and Maharashtra are protesting against land acquisition for the bullet train project, the Vadodara Municipal Corporation (VMC) has put forth a proposal before the Standing Committee to hand over 4,474.25 sq m land for the project.

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Now, Rail Passengers To Pay Six-time Penalty For Carrying Excess Luggage

Now, Rail Passengers To Pay Six-time Penalty For Carrying Excess Luggage

Just like air travel, now beware of carrying excess luggage while travelling in trains as well.

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From Today, Eco-friendly Plates To Replace Polymer Plates In Select Trains

From Today, Eco-friendly Plates To Replace Polymer Plates In Select Trains

From today, passengers travelling on some premium trains will be served meals on eco-friendly, disposable plates made of bagasse, instead of those made of polymer, as part of the Indian Railways' drive to go green, a statement from the national transporter said.

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Coimbatore-Bangalore Double-decker Uday Express scheduled to flag off on June 10

Coimbatore-Bangalore Double-decker Uday Express scheduled to flag off on June 10

The Coimbatore-Bengaluru double-decker train by the Indian Railways will be flagged off on June 10 by Rajen Gohain, Union Minister of State for Railways.

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Indian Railways now using compostable tableware as part of its Go Green drive!

Indian Railways now using compostable tableware as part of its Go Green drive!

Passengers are being served meals in compostable plates and bowls instead of the polymer ones. Indian Railways has tied up with Yash Papers, India’s largest manufacturer of compostable paper for this project.

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Railways may cut down on quantity to serve quality food in trains

Railways may cut down on quantity to serve quality food in trains

Railway meals may never be the same again. Having been scolded by the government auditor—and a number of passengers—for serving food that didn’t quite pass muster, Indian Railways is planning to go for quality over quantity, starting with premium trains such as the Rajdhanis and the Shatabdis.

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