GOOD MORNING INDIA

October 23, 2018, Tuesday

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

Power Sector Stable, Says Moody's; ICRA Sees Mix Results For UDAY

Power Sector Stable, Says Moody's; ICRA Sees Mix Results For UDAY

Moody's today projected a stable outlook for power sector while its Indian affiliate ICRA said that reforms for the distribution sector under UDAY scheme have seen mixed results.

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Green Energy Plant At Turbhe Landfill

Green Energy Plant At Turbhe Landfill

NMMC commissioned the gasifier plant on Turbhe landfill ground to mark World Environment Day (June 5) with its eco- friendly project of using fuelwood and saving electricity.

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ACME Group Bags 50 MW Solar Power Project

ACME Group Bags 50 MW Solar Power Project

ACME Group today said it has won 50 MW solar power project at Gujrai solar park, Uttar Pradesh in an auction conducted by Solar Energy Corporation of India (SECI).

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The Journey Towards Energy Savings Begins From Home

The Journey Towards Energy Savings Begins From Home

India is poised to witness a number of transitions: in urbanization, demographics, infrastructure and energy systems.

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Power: Fuel Constraints, Impairments Dim Earnings Of Power Utilities

Power: Fuel Constraints, Impairments Dim Earnings Of Power Utilities

Thermal power generation in January-March this year increased 5.2%, better than the 3% increase in the year-ago quarter. But earnings of leading companies in the sector proved to be a dampener.

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Green Good Deed For The Day

Green Good Deed For The Day

India has been attracting adverse comments on issues related to the environment — for valid as well as wrong reasons.

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Brazil's Cemig Wins 431.5 Megawatts In Energy Contracts

Brazil's Cemig Wins 431.5 Megawatts In Energy Contracts

Brazilian state energy firm Cia Energetica de Minas Gerais SA won the right to produce 431.5 megawatts of wind and solar energy at a government auction on Tuesday, it said in a statement.

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L&T Group's Nabha Power Shuts 700 Mw Unit Due To Coal Shortage

L&T Group's Nabha Power Shuts 700 Mw Unit Due To Coal Shortage

L&T Group firm Nabha Power Ltd (NPL) today said it has been forced to shut a 700 MW unit of Rajpura thermal power station due to shortage of coal.

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IEEMA Creates Cell To Monitor Household Electrification In North East

IEEMA Creates Cell To Monitor Household Electrification In North East

The Indian Electrical and Electronics Manufacturers' Association (IEEMA) today said it has created a North East Cell as a nodal point to monitor the supply of equipment and materials to various discoms, with an aim to facilitate 100 per cent household electrification in the region.

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Opinion: Coal Prices Boosted By Rare Simultaneous Demand From Asia's Top Buyers

Opinion: Coal Prices Boosted By Rare Simultaneous Demand From Asia's Top Buyers

Coal prices in Asia are being driven to multi-year highs by a rare combination of simultaneous demand growth in the region's top four importers.

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Reliance Industries Aims To Raise Consumer Businesses' Profits

Reliance Industries Aims To Raise Consumer Businesses' Profits

India's Reliance Industries is aiming to raise the level of its profits from consumer-facing businesses such as retail and telecoms to that of its core energy operations, the company said in its annual report on Thursday.

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India Likely To Meet Fiscal Deficit Target For 2018-19, High Oil Price May Widen CAD: Moody’s

India Likely To Meet Fiscal Deficit Target For 2018-19, High Oil Price May Widen CAD: Moody’s

Ratings agency Moody’s Investors Services today said India is likely to meet its fiscal deficit target of 3.3 per cent of Gross Domestic Product (GDP) for the fiscal year ending 31 March 2019, adding that high crude oil prices could widen the country’s current account deficit.

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India Mulls Iran Payment Option

India Mulls Iran Payment Option

India plans to use the euro as well as the rupee to continue its vital trade in crude with Iran in view of the US sanctions on Tehran.

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India To Meet Fiscal Deficit Target Of 3.3%; Oil Prices May Widen Current Account Deficit In Fy19: Moody's

India To Meet Fiscal Deficit Target Of 3.3%; Oil Prices May Widen Current Account Deficit In Fy19: Moody's

Moody’s Investors Service expects India to meet its fiscal deficit target of 3.3 percent of GDP for the financial year ending March 2019, the rating agency said in a statement on June 7.

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Aviation: Airlines Flying Low Thanks To Higher Crude Oil Prices

Aviation: Airlines Flying Low Thanks To Higher Crude Oil Prices

Indian listed airlines had a turbulent flight during the March quarter, what with crude oil prices rising steadily. Yields declined year-on-year (y-o-y) at IndiGo and Jet Airways (India) Ltd.

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Police Dept, IOC Jointly Open Petrol Pumps

Police Dept, IOC Jointly Open Petrol Pumps

Inspector general, state police administration and former joint CP Anup Kumar Singh inaugurated two petrol pumps under the ‘Police welfare fuel stations’ scheme on Katol Road and also near State CID office near Jafar Nagar on Tuesday.

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Oil Majors To Bid On Choice Stakes In Brazil's Offshore Oil Play

Oil Majors To Bid On Choice Stakes In Brazil's Offshore Oil Play

Executives from oil majors were set to gather in Rio de Janeiro on Thursday to compete for stakes in Brazil's pre-salt oil play, home to some of the world's most alluring offshore geology, as rising oil prices boost appetite for expensive offshore projects.

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Russian Authorities, Oil Firms Agreed To Lower Oil Export Duty Over Six Years

Russian Authorities, Oil Firms Agreed To Lower Oil Export Duty Over Six Years

Russia's finance and energy ministries and its main oil companies have agreed to gradually cut oil export duties to zero over six years, two government sources told Reuters on Wednesday after a special meeting to discuss the matter.

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Honeywell UOP India Appoints Mike Banach As Regional General Manager

Honeywell UOP India Appoints Mike Banach As Regional General Manager

American multinational conglomerate Honeywell today announced appointment of Mike Banach as Regional General Manager for Honeywell UOP India, the local arm that provides technology for the petroleum sector.

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Odisha Invites Hyderabad Firms To Set Up Units

Odisha Invites Hyderabad Firms To Set Up Units

Odisha possesses over 1,21,000 acres of untapped land for industrial development. Its wage rate compares with other parts of the country.

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Pradhan Optimistic About Oil Being Brought Under GST Purview

Pradhan Optimistic About Oil Being Brought Under GST Purview

Union oil minister Dharmendra Pradhan today voiced optimism that petroleum products will be brought under the GST purview that will help in checking volatility in fuel prices.

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ONGC Spends 16 Cr Under Corporate Social Responsibility

ONGC Spends 16 Cr Under Corporate Social Responsibility

Oil and Natural Gas Corporation (ONGC) Rajahmundry Asset executive director DMR Sekhar has said that the oil major is in forefront in serving the needy in the society.

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Railways Shelves Plans To Enforce Rule To Penalise Passengers For Excess Baggage

Railways Shelves Plans To Enforce Rule To Penalise Passengers For Excess Baggage

Under fire for its proposal to enforce a three-decade-old rule to penalise passengers for carrying excess baggage, the railways has now shelved the plan, saying it was only to generate awareness among travellers.

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Railways Launches Mobile Vehicle To Promote Safety

Railways Launches Mobile Vehicle To Promote Safety

In order to create awareness among the general public on safety, the Trichy railway division has launched a mobile truck carrying propaganda message.

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Dhanbad-Chandrapura Line

Khurda-balangir Railway Line Project Will Be Completed In 2 Yrs: Pradhan

Union Minister Dharmendra Pradhan on Thursday said that Odisha's Khurda-Balangir railway line is an important railway project and is expected to be completed in two years.

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Indian Railways Needs To Improve Working Style

This refers to the editorial, “Unfair fare” (June 7). It is very disheartening to hear that due to fear of public outrage and controversy over the proposed penalty on passengers carrying extra luggage in trains, the Railway Ministry decided to shelve the move and instead launch a ‘public awareness campaign'.

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Centre Asks State To Submit Revised Proposal For Metro Rail Phase-2

Centre Asks State To Submit Revised Proposal For Metro Rail Phase-2

The Central government has asked the state to revise its proposal for the 107.55km Phase 2 metro rail project as per the new metro rail policy and submit it for approval.

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Passengers Hail Antyodaya Express From Tambaram

Passengers Hail Antyodaya Express From Tambaram

Rail users have welcomed the Southern Railway’s decision to run the much-awaited Antyodaya Express between Tambaram and Tirunelveli from June 8.

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'Kumbh' Training For Railway FOB 'melas'

'Kumbh' Training For Railway FOB 'melas'

As the memory of the Elphinstone-Parel stampede still haunts Mumbaikars, the railway authorities are planning to rope in crowd management experts who handle the enormous crowd at Nashik's Kumbh Mela in order to prevent a stampede situation during the monsoon.

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Repair Delay Of Rajdhani Coaches

Repair Delay Of Rajdhani Coaches

The Ranchi railway division is facing a problem of coaches in Ranchi-New Delhi Rajdhani Express and Ranchi-New Delhi Sampark Kranti Express.

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New Tambaram-tirunelveli Unreserved Express From Today

New Tambaram-tirunelveli Unreserved Express From Today

The much-awaited Antyodaya Express (daily) from Tambaram to Tirunelveli will be flagged off by minister of state for railways Rajen Gohain from Tambaram at 4.30pm on Friday.

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A Normal Sanitary Napkin Takes 500 Years To Decompose, This Napkin At Rs 2.50 Takes Six Months

A Normal Sanitary Napkin Takes 500 Years To Decompose, This Napkin At Rs 2.50 Takes Six Months

In a welcome move, the Bureau of Pharma PSUs of India (BPPI) on Tuesday launched India's first fully biodegradable low-cost sanitary napkin.

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Mumbai: Central Railway Runs Late By A Few Mins Till Noon

Mumbai: Central Railway Runs Late By A Few Mins Till Noon

The train services on both Western and Central Railway were marginally affected and trains were running late by 10-15 minutes till afternoon. There was waterlogging till the rail level at Sion, Kurla and Tilak Nagar, but it did not affect train movements.

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Railways Cancels Three Trains Till June 12

Railways Cancels Three Trains Till June 12

The railways has cancelled two pairs of passenger trains and short-terminated three at different stations under the East Central Railway (ECR) zone till June 12.

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Indian Railways And Impact India Come Together To Bring World’s First Hospital Train To Latur

Indian Railways And Impact India Come Together To Bring World’s First Hospital Train To Latur

With the joint efforts of the Indian Railways and the Impact India Foundation, a train, Lifeline Express was transformed into a mobile hospital.

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