GOOD MORNING INDIA

July 23, 2018, Monday

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

Tamil Nadu CM Offers 500 Subsidised Solar Pumps For Farmers Outside Delta Region

Tamil Nadu CM Offers 500 Subsidised Solar Pumps For Farmers Outside Delta Region

Tamil Nadu chief minister Edappadi K Palaniswami on Thursday offered 500 solar pumps to farmers outside the delta districts at subsidised cost, besides the 500 pumps announced earlier for delta farmers.

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The Rising Risks To Financing India’s Current Account Deficit

The Rising Risks To Financing India’s Current Account Deficit

It’s not just that the current account deficit is widening—the means of financing it also became more risky in 2017-18.

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Electricity Demand From EVs May Grow 870 Times By 2030: Assocham EY Report

Electricity Demand From EVs May Grow 870 Times By 2030: Assocham EY Report

Should India's thrust towards electric mobility fructify, the resultant demand for electricity from this segment may grow 870 times between 2020 and 2030 a joint study done by ASSOCHAM and EY has said.

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India Suffering From Worst Water Crisis In Its History: NITI Aayog

India Suffering From Worst Water Crisis In Its History: NITI Aayog

Despite the ongoing water crisis in Gujarat, the state has topped the federal think tank NITI Aayog’s composite water management index released on Thursday.

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Coal Isn’t Safe Even In Its Asian Fortress

Coal Isn’t Safe Even In Its Asian Fortress

BP’s latest review of the world’s appetite for energy, published this week, contained a startling chart indicating that coal’s grip on electricity generation has not changed in 20 years.

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‘EVs To Propel Power Demand To 69.6 TWh’

‘EVs To Propel Power Demand To 69.6 TWh’

The overall power demand from electric vehicles (EVs) in India is projected to be about 79.9 gigawatt hours (GWh) by 2020 and is expected to soar to 69.6 terawatt hours (TWh) by 2030, according to a joint study conducted by Assocham and Ernst & Young LLP (EY).

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EU Approves Retaliatory Tariffs Against US

EU Approves Retaliatory Tariffs Against US

EU countries on Thursday approved a raft of retaliatory tariffs, including on whiskey and motorcycles, against painful duties imposed by US President Donald Trump on European metals, sources said.

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NTPC Exhibits India Power Potential At Global Summit

NTPC Exhibits India Power Potential At Global Summit

State-owned power generating major NTPC showcased India’s Green Power at the three day Exhibition and Conference on Power and Energy held at Nairobi in Kenya recently.

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Essel Infraprojects Bags Three Waste-to-energy Projects In Andhra Pradesh

Essel Infraprojects Bags Three Waste-to-energy Projects In Andhra Pradesh

Essel Infraprojects Ltd, an Essel Group firm, has bagged three waste-to-energy projects in Andhra Pradesh.

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Blast At India-developed Hydroelectricity Project In Nepal

Blast At India-developed Hydroelectricity Project In Nepal

A bomb has exploded at the office of a major hydropower project being constructed with Indian assistance in Nepal, the second such incident at the facility in over a month.

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Solar Power Plants To Be Installed On Rooftops All Sr Secondary Schools

Solar Power Plants To Be Installed On Rooftops All Sr Secondary Schools

Solar power plants would be installed on the rooftops of all senior secondary schools in Haryana, Minister of State for Public Health Engineering Banwari Lal said today.

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Rinfra, Adani May Close Reliance Energy Mumbai Sale By July

Rinfra, Adani May Close Reliance Energy Mumbai Sale By July

The Maharashtra Electricity Regulatory Commission (MERC) on Thursday completed its hearing in the proposed 100 per cent stake sale of Reliance Infrastructure Ltd (RInfra)'s integrated Mumbai power business to Adani Transmission Ltd (ATL), an official spokesperson said.

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Fuel Spike Pushes WPI To 14-month High

Producer inflation, technically known as the Wholesale Price Index (WPI), jumped to 4.43 per cent in May, hitting a 14-month high, largely on account of the spike in fuel prices.

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India May Seek Exemptions From US To Buy Iranian Oil

India May Seek Exemptions From US To Buy Iranian Oil

India will seek US exemptions to buy Iranian oil and work towards setting up an alternative payment mechanism to protect its trade with the Islamic Republic in the wake of US sanctions against Tehran, according to officials familiar with the matter.

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Petrol, Diesel Prices Hit Pause Button

Petrol, Diesel Prices Hit Pause Button

After declining for a fortnight, petrol and diesel prices have hit a pause button with rates remaining unchanged for the second consecutive day today.

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Oil Minister Dharmendra Pradhan Asks OPEC To Price Oil Responsibly

Oil Minister Dharmendra Pradhan Asks OPEC To Price Oil Responsibly

India today voiced its concern over high international oil prices with oil producers cartel OPEC and nudged it to move to responsible pricing that balances interests of both producers and consumers.

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No Signs Of Oil Shortage After Drop In Spending -BP CFO

No Signs Of Oil Shortage After Drop In Spending -BP CFO

BP does not yet foresee a shortfall in oil supplies in the coming years due to a fall in investments across the sector, the company's Chief Financial Officer Brian Gilvary said on Thursday.

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Oil Above Tolerance Threshold, End Asian Premium: India To OPEC

Oil Above Tolerance Threshold, End Asian Premium: India To OPEC

India on Thursday reiterated its call to end the Asian Premium on oil being charged by OPEC producers and said prices have risen beyond the threshold that can be sustained by the world.

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Railways Freight Earnings On Fast Track As Coal Haulage Moves North

Railways Freight Earnings On Fast Track As Coal Haulage Moves North

record coal haulage continues to bring cheer to Indian Railways (IR) since the last fiscal. The good news on coal carriage continues in the first two months of the current fiscal too.

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These Indian Railways Trains Will Not Run For 42 Days; Ticket Cancellation Refunds On Offer; Check List Here

These Indian Railways Trains Will Not Run For 42 Days; Ticket Cancellation Refunds On Offer; Check List Here

In a bid to improve infrastructure under its ongoing exercise to facilitate smooth services, Indian Railways has cancelled over 30 trains on different routes for about 42 days.

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Indian Railways Special Trains For Eid Al-fitr; Check Them Out Here

Indian Railways Special Trains For Eid Al-fitr; Check Them Out Here

The Eastern Railways is all set to run Special Passenger trains between Sealdah and Krishnapur for two days on June 14 and 15.

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Railway Minister Piyush Goyal Inspects ICF Facilities

Railway Minister Piyush Goyal Inspects ICF Facilities

Railway minister Piyush Goyal today inspected the Integral Coach Factory (ICF) during his visit here and reviewed the production of railway coaches.

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Railways’ Goods Sheds May Become Privately-managed Freight Terminals

Railways’ Goods Sheds May Become Privately-managed Freight Terminals

Goods sheds of Indian Railways (IR), many of which are in a dilapidated and abandoned condition, may soon become revenue churners for the transporter, as it plans to hand them over to private investors to build freight terminals.

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Shatabdi Passengers To Get Food In Bagasse Containers From July

Shatabdi Passengers To Get Food In Bagasse Containers From July

Passengers travelling in the Secunderabad-Pune Shatabdi Express will get food in containers and plates made of bagasse from the first week of July.

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Southern Rly Delays Arrival Time Of Six Trains By 30 Minutes

Southern Rly Delays Arrival Time Of Six Trains By 30 Minutes

In an unprecedented move, at least six passenger trains coming to Chennai have been slowed down by 30 minutes by Southern Railway from Tuesday.

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Rail Neer Scam: ED Attaches Rs. 17.55 Crore Assets Of Private Caterers

Rail Neer Scam: ED Attaches Rs. 17.55 Crore Assets Of Private Caterers

The Enforcement Directorate (ED) on Thursday attached movable assets worth Rs 17.55 crore of R.K. Associates and Hoteliers Pvt. Ltd, Satyam Caterers Pvt. Ltd, and others in a scam related to Rail Neer.

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Gadkari To Meet Bankers On Funding Of Highway Projects

Gadkari To Meet Bankers On Funding Of Highway Projects

Transport minister Nitin Gadkari on Thursday said he will soon meet top bankers to resolve the issue of drying up of funds from banks for construction of highways.

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NH-24 Widening, PM Modi’s Pet Project, Faces Twin Hurdles

NH-24 Widening, PM Modi’s Pet Project, Faces Twin Hurdles

The second phase of the NH-24 widening project, which stretches from UP Gate till Dasna in Ghaziabad, has met with two hurdles that are likely to delay its completion.

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Rly To Hand Over 71 Acres Of Land In Patna To Bihar Govt

Rly To Hand Over 71 Acres Of Land In Patna To Bihar Govt

The Railway Ministry today agreed to hand over more than 70 acres of land to Bihar government, on payment of about Rs 220 crore, paving the way for construction of a 6-km long road in the state capital.

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Assets Of Railway Caterers Who Allegedly Switched Rail Neer With Cheaper Water Attached

Assets Of Railway Caterers Who Allegedly Switched Rail Neer With Cheaper Water Attached

The Enforcement Directorate on Thursday said it has attached assets worth Rs 17.55 crore of two catering firms in connection with its money laundering probe into the alleged sale of cheaper packaged water in place of Rail Neer in Rajdhani and other super-fast trains.

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Railways To Deploy Undercover Agents To Keep A Close Eye On Train Services

Railways To Deploy Undercover Agents To Keep A Close Eye On Train Services

To improve its services, Railways is working on a unique proposal to deploy undercover officials at stations and trains to check for anomalies in the services.

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