GOOD MORNING INDIA

September 20, 2018, Thursday

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

MUST READ

Climate change could cost India 2.8 per cent of GDP: World Bank

Climate change could cost India 2.8 per cent of GDP: World Bank

Rising temperatures and changing monsoon rainfall patterns as a result of climate change could cost India 2.8 per cent of Gross Domestic Product (GDP) and depress the living standards of nearly half of the country’s population by 2050, the World Bank has said in its latest report.

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Hyundai plans to roll out electric vehicles from Chennai plant

Hyundai plans to roll out electric vehicles from Chennai plant

South Korean auto major Hyundai plans to roll out electric vehicles (EVs) from its plant in India, which is set to become one of its global regional headquarters with more responsibility for local long-term planning, a company official said.

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SEZs may throw a spanner in the works for proposed safeguard duty on imported solar cells

SEZs may throw a spanner in the works for proposed safeguard duty on imported solar cells

A proposal seeking safeguard duty on imported solar cells and modules could get derailed due to difference among manufacturers on whether projects under Special Economic Zones (SEZs) should also get protection.

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India may hit Paris climate targets ahead of schedule: TERI

India may hit Paris climate targets ahead of schedule: TERI

Rashmi Pratap India may well achieve the national targets set to address climate change under the Paris Agreement before 2030, as around 30 per cent of the country’s installed electricity generation capacity is now non-fossil-based. India’s target is 40 per cent non-fossil-based power capacity by 2030.

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BP acquisition of chargemaster may benefit Indian EV market

BP acquisition of chargemaster may benefit Indian EV market

Energy giant BP has acquired Chargemaster, UK’s largest electric vehicle (EV) charging company, which analysts say can have implications for the fledgling Indian EV market that’s just beginning to develop the charging infrastructure.

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Rail Min in touch with Coal Min, power utilities to ensure coal availability at plants

Rail Min in touch with Coal Min, power utilities to ensure coal availability at plants

The railway ministry is maintaining close coordination with the coal ministry and other state agencies to ensure adequate availability of dry fuel at power plants, an official source said today.

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Green certificates sales down 32 per cent on power exchanges in June

Green certificates sales down 32 per cent on power exchanges in June

Sale of renewable energy certificates has declined by about 32 per cent to 8.96 lakh in June on Indian Energy Exchange and Power Exchange India Ltd as compared to 13.15 lakh in May this year, as per official data.

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India to take all steps to ensure its energy security

India to take all steps to ensure its energy security

India on Thursday asserted that it will take all necessary steps, including engagement with relevant stakeholders, to ensure the country's energy security.

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Brookfield to sharpen focus on renewable energy sector in India

Brookfield to sharpen focus on renewable energy sector in India

Canada-based Brookfield Asset Management Inc. is looking to increase its focus on renewable energy in India, said two people aware of the firm’s plans, on the condition of anonymity. The asset manager has so far been focussing largely on the real estate and roads segment.

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India braces for life without Iran oil, mulls Plan B

India braces for life without Iran oil, mulls Plan B

India appears to be bracing for life without Iranian oil and preparing Plan B after the US administration under President Donald Trump has declared zero tolerance against any country or entity that flouts its diktat to stop buying crude from Iran after November 4 + when the 180-day wind-down period ends.

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US Sanctions On Iran Won’t Disrupt Crude Supplies: Indian Refineries

US Sanctions On Iran Won’t Disrupt Crude Supplies: Indian Refineries

Indian refiners are confident that US sanctions on Iran will not disrupt crude oil supplies because the global marketNSE 0.00 % has abundant supplies and numerous sellers.

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Iran oil a big issue between, India, US

Iran oil a big issue between, India, US

Oil supply from Iran may emerge as an area contention between India and the US after US Permanent Representative to the UN Nikki Haley claimed India recognised the security threats from Iran but had logistical constraints to deal with.

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US firm, India may cut energy imports from Iran

US firm, India may cut energy imports from Iran

The US is turning the screws on India regarding energy imports from Iran. Despite India’s protestations of preserving energy independence, New Delhi may be forced to comply, because the US is liable to push the relationship on this one.

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India rethinks decision to split up gas utility GAIL

India rethinks decision to split up gas utility GAIL

India is working on plans to enable gas utility GAIL to keep its marketing and pipeline operations separate without breaking up the company, India's oil minister said on Thursday.

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Govt Oks 2 New Oil Storage Facilities For Emergency Stockpile

Govt Oks 2 New Oil Storage Facilities For Emergency Stockpile

The government on Wednesday gave in-principle approval to the proposal, announced in the 2017-18 budget, to build two more underground crude oil storage with private partnership to raise emergency stockpile cover by 12 days to 22 days.

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Reliance Infra’s sale of Mumbai power ops to Adani gets regulatory nod

Reliance Infra’s sale of Mumbai power ops to Adani gets regulatory nod

Reliance Infrastructure is likely to close the deal to sell its Mumbai power business to Adani Transmission by July as the Maharashtra Electricity Regulatory Commission has given its approval for the deal, the Anil Ambani led company said in a statement on Thursday.

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GMR tests new waters, wins bid to develop port in Kakinada

GMR tests new waters, wins bid to develop port in Kakinada

GMR Infrastructure Ltd will be entering ports sector as it won the bid to develop greenfield commercial port in Kakinada on the eastern coast of India. The port, to be located 30 km north from Kakinada, will be developed as an all-weather, deep-draft, multi-cargo port spread over 1,950 acres.

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Building a future based on infrastructure

Building a future based on infrastructure

India’s infrastructure spending is projected to accelerate to at least ₹50 lakh crore between FY18 and FY22, making a visible impact on service delivery and providing a foundation for rapid and inclusive economic growth in the country, according to Crisil.

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East Coast Railway to launch mobile app to give info on Rath Yatra

East Coast Railway to launch mobile app to give info on Rath Yatra

The East Coast Railway (ECoR) will launch a mobile application to provide information about facilities available for Rath Yatra festival. Users of the app can get information related to different trains to Puri including special trains for the festival.

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Railways extends arrival time of 185 trains to address punctuality issue

Railways extends arrival time of 185 trains to address punctuality issue

Railway travellers can vouch train delays are extremely common, making long-distance journeys particularly painful in the country. Almost 30 per cent of the trains were late in the financial year 2017-18, according to official data. The Railways has now decided to address this problem, but only on paper.

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Metro Stir Threat: First Round Of Talks Fails

Metro Stir Threat: First Round Of Talks Fails

Talks between Delhi Metro Rail Corporation's non-executive employees, who are threatening to go on strike from June 30, and the DMRC failed to yield any results on Thursday. For the last few days, DMRC's 9,000-strong workforce of non-executive employees has been taking part in sit-in protests at different metro stations.

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Mumbai: Western Railway wants to slap Rs 1,000 as fine for travel without ticket

Mumbai: Western Railway wants to slap Rs 1,000 as fine for travel without ticket

This will give you second thoughts about travelling without ticket in the local train, or crossing tracks. The Western Railway (WR) has proposed a four-time increase in fines levied for ticket-less travelling, spiking the penalty from Rs 250 to Rs 1,000.

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Luxury train plan on Odisha tracks

Luxury train plan on Odisha tracks

The Odisha government is examining the proposal of the railways board to run a luxury train on the lines of Palace on Wheels for high-end tourists.

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Railways installs plastic bottle crushers in several stations in AP, Telangana

Railways installs plastic bottle crushers in several stations in AP, Telangana

In a move to battle plastic menace, South Central Railways has installed machines that would crush and recycle bottles at railway stations in Kachiguda, Secunderabad, Nizamabad and Vijayawada.

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8 New Feature-Packed Trains That Could Change The Way Indians Travel

8 New Feature-Packed Trains That Could Change The Way Indians Travel

The Indian Railways has always strived to make train journeys for you as pleasant as possible. If you rewind a few years, trains were notorious for poor hygiene, running late and generally being inefficient. Well, drastic steps taken by the Railways have more or less reversed the above.

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