GOOD MORNING INDIA

August 16, 2018, Thursday

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

Tata Power Renewable Signs Power Purchase Pact With GE

Tata Power Renewable Signs Power Purchase Pact With GE

Tata Power Renewable Energy Ltd today said it has entered into a power purchase agreement (PPA) with GE to provide solar rooftop solutions for six manufacturing and services sites in India.

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How Cheap Power, Inefficient ACs Are Pushing Delhi To The Brink

How Cheap Power, Inefficient ACs Are Pushing Delhi To The Brink

Cheaper electricity, combined with a lack of regulation to ensure efficient performance of air conditioners, is pushing up Delhi’s electricity demand to record levels.

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Solar Firms See Sunrise On Residential Rooftop

Solar Firms See Sunrise On Residential Rooftop

Even before the government has come out with policies and regulations to give rooftop solar a big push, major solar companies are looking to tap opportunity in the residential rooftop solar kit segment to grab a big chunk of the market.

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ISRO Offers Lithium-ion Cell Tech Transfer To 'qualified' Industries

ISRO Offers Lithium-ion Cell Tech Transfer To 'qualified' Industries

The Indian Space Research Organisation (ISRO) today floated a request for qualification (RFQ) for technology-transfer of the lithium-ion cell to Indian industries.

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PGIMER Signs MoU With Coal India Ltd

PGIMER Signs MoU With Coal India Ltd

The Post-Graduate Institute of Medical Education and Research (PGIMER) on Tuesday signed a memorandum of understanding (MOU) with Coal India Limited (CIL) under which CIL would provide Rs 2 crore grant to 20 poor patients with thalassemia major (Rs 10 lakh/patient) for bone marrow transplants to be carried out in PGI.

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‘Clean, Green’ Coal Mines Attract Lakhs Of Tourists In Maharashtra

‘Clean, Green’ Coal Mines Attract Lakhs Of Tourists In Maharashtra

No one expected a coal mine to become a tourist attraction when the Eco-friendly Mine Tourism Circuit at Saoner near Nagpur was opened two years back.

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Delhi Firm Fined Rs 18 Crore For Inflating Coal Import Value

Delhi Firm Fined Rs 18 Crore For Inflating Coal Import Value

Customs, Excise and Service Tax Appellate Tribunal has set aside an order that imposed penalties of Rs 17.5 crore and Rs 1.25 crore on Delhi-based Knowledge Infrastructure Systems Private Ltd and its promoter Rahul Bhandare, respectively.

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India Eyes Coal Reserves In Indonesian Papua

India Eyes Coal Reserves In Indonesian Papua

As it seeks to diversify its sources of fuel, India is looking to get in on the ground floor of coal mining in previously unexploited deposits in Indonesian Papua.

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Tamil Nadu To Study Feasibility Of 250 MW Floating Solar Power Plant

Tamil Nadu To Study Feasibility Of 250 MW Floating Solar Power Plant

In a bid to reduce evaporation of reservoir water and increase sourcing of solar power, Tamil Nadu is looking at the feasibility of setting up a floating solar power plant, Chief Minister K. Palaniswami said on Tuesday.

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UK Energy Regulator To Make Suppliers Pay Compensation For Switching Woes

UK Energy Regulator To Make Suppliers Pay Compensation For Switching Woes

Britain's energy regulator plans to force companies to pay compensation to customers facing problems when switching supplier, in a bid to encourage more people to make the change.

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Not Right To Find Fault With Govt For Lack Of EV Policy: Anand Mahindra

Not Right To Find Fault With Govt For Lack Of EV Policy: Anand Mahindra

Mahindra group Chairman Anand Mahindra today said it would not be right to find fault with the government for lack of a "ready made" policy for electric vehicles (EVs) as it is still a new sector in the country and things would evolve gradually.

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India's Nayara Energy May Iran Oil Imports Up 11.6 Pct Y/y - Trade

India's Nayara Energy May Iran Oil Imports Up 11.6 Pct Y/y - Trade

Iran's key Indian client Nayara Energy, formerly known as Essar Oil, imported nearly 11.6 percent more oil from Tehran in May compared with a year ago, according to data from the shipping industry and sources.

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RIL Completes Acquisition Of 73% Stake In AI Firm Embibe

RIL Completes Acquisition Of 73% Stake In AI Firm Embibe

Reliance Industries Limited today said it has completed acquisition of close to 73 per cent stake in artificial intelligence-based education technology provider Embibe.

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Nutural Gas Supplies To Households In Andhra Pradesh, Karnataka

Nutural Gas Supplies To Households In Andhra Pradesh, Karnataka

Krishna district is going to script a new history by becoming first to get piped natural gas supply to the households in rural areas in the country.

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Exclusive: Saudi Aramco Eyes Partnerships As It Expands Refining, Petrochems

Exclusive: Saudi Aramco Eyes Partnerships As It Expands Refining, Petrochems

Saudi Aramco plans to boost investments in refining and petrochemicals to secure new markets for its crude, and sees growth in chemicals as central to its downstream strategy to lessen the risk of a slowdown in oil demand.

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Govt Wants To Ease Process Of Purchasing Ethanol: Pradhan

Govt Wants To Ease Process Of Purchasing Ethanol: Pradhan

Oil Minister Dharmendra Pradhan has promised to ease the process of purchasing sugarcane-extracted ethanol for doping in petrol, a move that will help farmers get better price for the crop and cut the country's dependence on oil imports.

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'Grouping Of Russia, China, India, Iran To Have Lots Of Internal Demand For Oil'

'Grouping Of Russia, China, India, Iran To Have Lots Of Internal Demand For Oil'

To a certain extent. One always has to have another look at how much extra capacity do countries have.

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India Reliance's May Oil Imports Fell 5 Pct Year-on-year - Trade

India Reliance's May Oil Imports Fell 5 Pct Year-on-year - Trade

India's Reliance Industries , owner of the world's biggest refining complex, imported 5 percent less oil in May than a year ago, according to data from shipping and industry sources.

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OPEC Sees 'considerable Uncertainty' In Oil Market

OPEC Sees 'considerable Uncertainty' In Oil Market

After months of sharp oil price rises there is now considerable uncertainty as to the market's direction for the rest of the year, OPEC said today as a key meeting of oil producers looms.

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Indian Oil Imports From Iran Surge To Highest Since 2016

Indian Oil Imports From Iran Surge To Highest Since 2016

India's oil imports from Iran surged to about 705,000 barrels per day (bpd) in May, their highest level since October 2016, according to data from shipping and industry sources, despite the threats of fresh U.S. sanctions.

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OPEC Cautious On Oil Outlook Despite End Of Global Glut

OPEC Cautious On Oil Outlook Despite End Of Global Glut

OPEC said on Tuesday the oil market outlook in the second half of the year is highly uncertain even though the producer group's figures show a global glut has ended, suggesting exporters will be in no rush to relax output curbs at a meeting next week.

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Retail Inflation Hits 4 Month High Of 4.87 Per Cent In May On Costlier Fuel

Retail Inflation Hits 4 Month High Of 4.87 Per Cent In May On Costlier Fuel

Retail inflation jumped to 4-month high of 4.87 per cent in May on costlier food items such as fruits, vegetables and cereals coupled with high fuel rates.

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Qatar's Nakilat, Excelerate Sign Deal On JV, FSRU Stake

Qatar's Nakilat, Excelerate Sign Deal On JV, FSRU Stake

Qatar Gas Transport Company (NAKILAT) said on Tuesday it had signed an agreement with U.S. firm Excelerate Energy to form a joint-venture company and acquire a 55 percent interest in a floating storage regasification unit (FSRU).

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Iran To Issue Bonds For Investment In Oil Sector In Coming Months- IRNA

Iran To Issue Bonds For Investment In Oil Sector In Coming Months- IRNA

Iran will issue bonds in the coming months to fund oil projects, the head of its Securities and Exchange Organization (SEO) said on Tuesday, a month after the United States withdrew from a nuclear deal and said it would reimpose unilateral sanctions.

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Our Target Is To Turn Railways Profitable, Double Its Revenue: Piyush Goyal

Our Target Is To Turn Railways Profitable, Double Its Revenue: Piyush Goyal

Railway minister Piyush Goyal has set a target of doubling the national transporter’s revenues to Rs 4 lakh crore by 2025 to make it profitable by then

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Now, You Can Track What’s Cooking At Rail Kitchens

Now, You Can Track What’s Cooking At Rail Kitchens

The railways has decided to live-stream footage of its ‘base kitchens’ to check cooks from cutting corners and serving poor quality food, a commonplace complaint, rail and coal minister Piyush Goyal told TOI on Tuesday.

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Zonal Railway Told To 'surrender' Posts To Trim Workforce

Zonal Railway Told To 'surrender' Posts To Trim Workforce

The Railway Board has set a target of “surrendering” 11,040 zonal railway posts in 2018-19 to trim its workforce because of rising manpower costs.

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Mission Raftaar: Central Railway To Increase Speed Limit On Seven Key Routes, Reduce Travel Time By Four Hours

Mission Raftaar: Central Railway To Increase Speed Limit On Seven Key Routes, Reduce Travel Time By Four Hours

The Central Railway (CR) aims to increase the speed limit on seven key routes by the end of the financial year 2018-19.

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Indian Railways Sets Target To Shed More Than 11,000 Redundant Posts In 2018-19

Indian Railways Sets Target To Shed More Than 11,000 Redundant Posts In 2018-19

The Railway Board has set a target of shedding more than 11,000 redundant posts in different zones of the railways in the financial year 2018-2019, a letter by the board to all general managers stated.

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RITES To Buy 25% In State-run Peer IRSDC

RITES To Buy 25% In State-run Peer IRSDC

Transport infrastructure consultant RITES Ltd. will buy one-third stake worth Rs 250 crore in state-run peer tasked with development of railway stations — Indian Railway Stations Development Corporation Ltd.

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Cleanliness Drive: Southern Railway Conducts Awareness Programmes

Cleanliness Drive: Southern Railway Conducts Awareness Programmes

As part of a cleanliness campaign, the Southern Railway has conducted intensive cleanliness programmes focusing on stations, trains, work places, railway colonies, canteens, water installations and toilets.

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India Japan JV Bags Deal To Develop Dhaka Metro Rail Project

India Japan JV Bags Deal To Develop Dhaka Metro Rail Project

A joint venture between Japan and India has bagged the deal to develop Dhaka Metro Rail Project.

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India’s Central Railways Is Trying To Battle Water Logging Due To Rains Using A “waterproof” Engine

India’s Central Railways Is Trying To Battle Water Logging Due To Rains Using A “waterproof” Engine

Monsoons have always proven to be a bane for Mumbai, but a new ‘waterproof’ engine may at least provide the answer to the transportations woes for locals.

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