GOOD MORNING INDIA

July 23, 2018, Monday

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

Global, Local Solar Manufacturers Spar Over Safeguard Duty

The first public hearing on a proposal to introduce 70% safeguard duty on imported solar panels on Tuesday saw heated arguments between global manufacturers of the panels and modules and their local rivals, with Indian solar project developers siding with the foreign players.

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Letter To BS: Clean Energy Can Boost India's Rural Economy

Apropos “Clean energy can boost rural economy” (June 26), if India was to only utilise its natural resources such as methane found in coal seams, it could not only reduce dependence on coal but also let it be a clean fuel for electricity generation.

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Amazon India To Install Solar Power Panels In More Fulfillment Centres

Amazon India To Install Solar Power Panels In More Fulfillment Centres

Amazon India has announced a new initiative to generate clean energy through installation of solar panels on the rooftops of its fulfillment centres and sortation sites in India.

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Energy Dues: Power Firm, Civic Body Lock Horns

Energy Dues: Power Firm, Civic Body Lock Horns

The Gaya Municipal Corporation (GMC) and the India Power, the franchisee for power distribution in Gaya town, Bodh Gaya and Manpur, are engaged in a tug-of-war of sorts on the issue of power bill payment.

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Coal Supply Crunch May Hit S India Power Units

Coal Supply Crunch May Hit S India Power Units

Power plants in the southern States may face fuel shortage as coal mining operations in the Talcher coalfields on Monday faced undue and uncalled for stoppage by contractors’ workers leading to about 2.6 lakh-tonne coal dispatch loss.

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JMC Projects Bags Orders Worth ₹1,966 Crore

JMC Projects Bags Orders Worth ₹1,966 Crore

The shares of JMC Projects (India) Ltd, a listed subsidiary of power sector EPC player Kalpataru Power Transmission Ltd, rose 3.2 per cent on Tuesday as the company announced winning major orders in the irrigation and building construction space.

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France's EDF, GE To Co-build Reactors For Huge Nuclear Plant In Maharashtra

France's EDF, GE To Co-build Reactors For Huge Nuclear Plant In Maharashtra

GE and French utility EDF have agreed to team to build six reactors for a nuclear power project in Maharashtra state, which is due to be the world's biggest when finished.

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Clean-tech Startup ZunRoof Raises Rs 1.66 Crore In Angel Funding

Clean-tech Startup ZunRoof Raises Rs 1.66 Crore In Angel Funding

Clean-tech startup ZunRoof said that it has raised a second round of angel funding of Rs 1.66cr ($0.25mn) from i3N (led by Pradeep Tharakan

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General Electric Breaks Off Healthcare To Focus On Power, Aviation

General Electric Breaks Off Healthcare To Focus On Power, Aviation

Once-dominant industrial giant General Electric announced today it will shed its healthcare business to concentrate on power and aviation, in the latest attempt to shore up the struggling company.

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Assam Co Pie Only Tangible Asset Of Assam Oil

Assam Co Pie Only Tangible Asset Of Assam Oil

The corporate insolvency resolution process of Assam Company India Ltd (ACIL), the oldest tea company in India, could be a long-drawn affair.

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Atlantic Hurricanes Could Force India To Weather High Fuel Prices

Atlantic Hurricanes Could Force India To Weather High Fuel Prices

Now that the southwest monsoon is breaking loose in large parts of the country, should you be tracking the hurricane patterns in the Atlantic Ocean? You should if you worry about your fuel bill, going by what happened last year.

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US Wants India To Stop Importing Oil From Iran By November

US Wants India To Stop Importing Oil From Iran By November

The US has asked all countries, including India, to stop all oil imports from Iran by November as it ruled out any exemption to India and Indian companies from its reimposed Iranian sanctions regime for them carrying out any transaction with Iran.

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Government Allows Companies To Explore For Oil, Gas Beyond Block Boundaries

Government Allows Companies To Explore For Oil, Gas Beyond Block Boundaries

In a bid to make it easier for explorers to find and produce more oil and gas, the Government has allowed companies to go beyond their allocated block boundaries if a discovery were to extend outside their contracted area.

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Council To Decide On Inclusion Of Natural Gas, ATF In GST, Says Hasmukh Adhia

Council To Decide On Inclusion Of Natural Gas, ATF In GST, Says Hasmukh Adhia

Days before the goods and services tax (GST) completes one year, the government on Tuesday said natural gas and jet fuel (ATF) are 'natural' and 'easier' candidates for inclusion under the indirect tax regime.

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US Demands World To Halt Iranian Oil Imports By November 4

US Demands World To Halt Iranian Oil Imports By November 4

The United States warned Tuesday that countries around the world must stop buying Iranian oil before November 4 or face a renewed round of American economic sanctions.

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Prices Of Petroleum Products To Decline From Next Month: Minister

Prices Of Petroleum Products To Decline From Next Month: Minister

Union Petroleum Minister Dharamendra Pradhan today said that prices of petroleum products would decline from the next month as OPEC had decided to increase production of crude oil following the consistent efforts by Prime Minister Narendra Modi in this regard.

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India, Netherlands spend N1.7trn on Nigerian crude oil in 3 months

India, Netherlands spend N1.7trn on Nigerian crude oil in 3 months

Three countries, India, The Netherlands, and the United States of America, USA emerged the highest importers of Nigerian crude oil grades, spending N1.71 trillion in the first quarter of 2018, Q1’18.

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Angry Passengers Hold Up Train For An Hour; Get Toilets And Coaches Cleaned

Angry Passengers Hold Up Train For An Hour; Get Toilets And Coaches Cleaned

Around 100 passengers held up the Mumbai-Katra Swaraj Superfast Express at the Ambala Cantt railway station for nearly an hour as they were angry over unclean coaches and dirty toilets in the train.

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Mumbai: Suburban Stations To Get 68 More Bottle Crushing Machines

Mumbai: Suburban Stations To Get 68 More Bottle Crushing Machines

Disposing of plastic bottles won't so much be a problem any more. The Indian Railways will be installing 68 bottle crushing machines at various railway stations.

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Cabinet Approves Transfer Of Railway Land To Road Construction Dept

Cabinet Approves Transfer Of Railway Land To Road Construction Dept

The Bihar Cabinet today gave its nod for transfer of Digha-Patna railway land to the state Road Construction department on payment of Rs 222.19 crore for construction of road.

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Forget Indian Railways' Bullet Train, Govt Planning Another High-speed Rail Project

Forget Indian Railways' Bullet Train, Govt Planning Another High-speed Rail Project

Problems of Indian Railways' Bullet train project between Mumbai-Ahmedabad pertaining to land acquisition are over, says Centre.

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Railway Servants Pass Rules Relaxed, Now Employees Can Travel Free With Ailing Children For Outstation Treatment

Railway Servants Pass Rules Relaxed, Now Employees Can Travel Free With Ailing Children For Outstation Treatment

The Railways has relaxed the existing Railway Servants (Pass) Rules to allow its employees to travel with their children suffering from serious ailments if they are referred to outstation hospitals for treatment, an official release has said.

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India to spend Rs 2 lakh crore on rail lines to China border

India to spend Rs 2 lakh crore on rail lines to China border

In response to China extending infrastructure close to the disputed border with India, the Indian Railways is firming up plans to built four strategic rail lines in the Himalayas. Once complete, the rail lines will allow rapid deployment of security and defense forces to the border to counter unwanted advances by the Chinese.

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India wants AIIB investments in 9 projects: Goyal

India wants AIIB investments in 9 projects: Goyal

Terming India "a sweet spot where the rule of law prevails", Finance Minister Piyush Goyal said here on Monday the country wants investments in nine projects from the China-based Asian Infrastructure Investment Bank (AIIB).

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We have plans to make India a Manufacturing Hub for International Markets: Alain Spohr, MD, Alstom

We have plans to make India a Manufacturing Hub for International Markets: Alain Spohr, MD, Alstom

Alstom’s Managing Director for India & South Asia cluster based in Bengaluru Mr Alain Spohr is a versatile personality. He joined Alstom in September 2017. Prior to this position he worked for for GE Energy India where he was the MD & CEO of the GE/Bharat Forge Join Venture and also the India Country Leader for Steam Power Systems.

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