GOOD MORNING INDIA

October 20, 2018, Saturday

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

MUST READ 

Uttar Pradesh Set To Be 1 Trillion Dollar Economy: PM Modi

Uttar Pradesh Set To Be 1 Trillion Dollar Economy: PM Modi

After launching 81 projects worth Rs 60,000 crore at a ceremony here, Prime Minister Narendra Modi on Sunday said that the state is all set to be a 1 trillion dollar economy.

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No Time To Lose: As US Sanctions On Iran Loom, India Must Ready A Plan That Suits Its Needs

No Time To Lose: As US Sanctions On Iran Loom, India Must Ready A Plan That Suits Its Needs

India needs an Iran plan at the earliest, else it might find itself in a very tricky situation in November when the Trump Administration intends to implement full-blown sanctions on Tehran.

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I Don't Fear Standing With Corporates As I Have Right Intentions: Narendra Modi

I Don't Fear Standing With Corporates As I Have Right Intentions: Narendra Modi

Speaking at the launch of various development projects in Lucknow, Narendra Modi said, a total of 81 projects will aid government's smart city mission.

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High Level Empowered Committee Under Cab Sec On Stressed Thermal Power Projects

High Level Empowered Committee Under Cab Sec On Stressed Thermal Power Projects

With a view to resolve the stress and revive such assets, the Government has decided to set up a High Level Empowered Committee headed by Cabinet Secretary PK Sinha with representatives from the Ministry of Railways, Ministry of Finance, Ministry of Power, Ministry of Coal and the lenders having major exposure to the power sector.

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Suzlon Wants To Re-enter Overseas Markets: CEO J.P. Chalasani

Suzlon Wants To Re-enter Overseas Markets: CEO J.P. Chalasani

Leading wind turbine maker Suzlon Energy Ltd is planning to re-enter the international markets, chief executive J.P. Chalasani has said.

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Reliance Power May Earn Rs 2,000 Cr From Mumbai Power Consumers

Reliance Power May Earn Rs 2,000 Cr From Mumbai Power Consumers

Mumbai suburban power consumers may end up paying about Rs 2,000 crore to Reliance Power via the Mumbai power distribution business in the next couple of years.

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NEEPCO IPO Likely In Jan-Mar Quarter; Finmin Appoints Merchant Bankers

NEEPCO IPO Likely In Jan-Mar Quarter; Finmin Appoints Merchant Bankers

The finance ministry is planning to divest up to 25 per cent stake in power producer NEEPCO through an initial public offering in January-March quarter, an official said.

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Uttar Pradesh Annuls 1000 MW Solar Auction Without Citing Any Reasons

Uttar Pradesh Annuls 1000 MW Solar Auction Without Citing Any Reasons

Uttar Pradesh cancelled a 1000 MW solar auction it held earlier this month without citing any reasons but industry sources said it could be because the state government felt the tariff quoted was too high.

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NITI Aayog Proposes Nodal Energy Ministry To Streamline Governance

NITI Aayog Proposes Nodal Energy Ministry To Streamline Governance

The NITI Aayog has proposed a common nodal energy ministry on the lines of the model followed in various other countries to streamline governance among different ministries and departments pertaining to the crucial sector and speed up decision-making.

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Banks Eye One-time Settlement Deal From Stressed Power Firms

Banks Eye One-time Settlement Deal From Stressed Power Firms

Lenders to India’s stressed coal-based power projects are chasing one-time cash settlements to recover their long-pending loans even at a substantial cut on their dues.

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Cash-rich Reliance Eyes $2.7 B In Fresh Fx Loans To Refinance High Cost Debt

Cash-rich Reliance Eyes $2.7 B In Fresh Fx Loans To Refinance High Cost Debt

The cash-rich Reliance Industries, which also is one of the biggest forex loan borrowers in the country, is set to tap the foreign debt market to raise USD 2.7 billion to refinance its existing high cost debt.

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Government To Auction 12 Mineral Blocks In August, September

Government To Auction 12 Mineral Blocks In August, September

The government plans to auction 12 mineral blocks, including eight iron ore mines, in the next two months, according to an official document.

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Residents Claim Headaches Due To Emissions From MRPL Plant

Residents Claim Headaches Due To Emissions From MRPL Plant

Residents of Jokatte and neighbouring villages, around 12km from here, have been reeling from intense headaches and breathing air laced with chemical fumes for the past one month.

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Reliance To Sell Entire Stake In Cambay Basin To Sun Petrochemicals

Reliance To Sell Entire Stake In Cambay Basin To Sun Petrochemicals

Reliance Industries Ltd (RIL) said it has agreed to sell its entire 70% stake Gujarat’s Cambay Basin block to Dilip Shanghvi-promoted Sun Petrochemicals Pvt. Ltd (Sun Oil and Natural Gas) for an undisclosed amount.

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Reliance Industries To Shut MA Oil Field In KG-D6 Block In September

Reliance Industries To Shut MA Oil Field In KG-D6 Block In September

Exactly a decade after it started production, the MA oil and gas field in the Krishna Godavari basin block KG-D6 will seize to produce from September, said Reliance Industries which has battled quicker than anticipated decline in output at a block that once was its pride.

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Bringing Petrol, Diesel Under GST Council’s Call, Centre Helpless: Dharmendra Pradhan

Bringing Petrol, Diesel Under GST Council’s Call, Centre Helpless: Dharmendra Pradhan

Union minister for petroleum and natural gas Dharmendra Pradhan has said that the Centre was powerless in bringing petroleum products under the Goods and Services Tax (GST).

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BPCL Becomes First Oil Marketing Company To Venture Into Biogas

BPCL Becomes First Oil Marketing Company To Venture Into Biogas

Bharat Petroleum Corporation Limited (BPCL) has become the first oil marketing company to venture into the biogas segment.

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Essel Infra Plans To Invest ₹ 1,750 Crore In Uttar Pradesh For EV Infrastructure

Essel Infra Plans To Invest ₹ 1,750 Crore In Uttar Pradesh For EV Infrastructure

Essel Infraprojects Ltd plans to invest ₹ 1,750 crore in Uttar Pradesh to set up electric car charging stations and battery swapping terminals across 20 cities of the state.

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'Mughalsarai' Junction To Become History From Next Week

'Mughalsarai' Junction To Become History From Next Week

Come August 5 and the name of one of busiest railway stations of Indian railways and the biggest goods train yard of Asia - Mughalsarai Junction - will become a part of history.

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Railways Records 300% Increase In Mobile Ticketing

Railways Records 300% Increase In Mobile Ticketing

The railways has recorded a 300 per cent increase in the number of mobile tickets sold in June 2018 as compared to April 2017. The popularity of the app among commuters and improvement in its features to make it more user-friendly are behind its success.

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Booking Indian Railways Ticket? Northern Railways Closes Down PRS Services For 3 Hours

Booking Indian Railways Ticket? Northern Railways Closes Down PRS Services For 3 Hours

The passenger reservation system (PRS) of the Northern Railways will remain suspended for three hours on the intervening night of Sunday and Monday i.e., July 29 and 30, a statement released by the Indian Railways said on Friday.

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Bullet Train To Have Child-feeding Room, Separate Washrooms For Men And Women

Bullet Train To Have Child-feeding Room, Separate Washrooms For Men And Women

Delay in acquiring land for the upcoming Mumbai-Ahmedabad high-speed rail corridor project may push back the date of its launch, but the Indian Railways is going ahead in finalising the various components of the bullet train's rolling stock and passenger facilities.

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Indian Railways Upgrades Train Toilets But Chained Mugs Are Here To Stay

Indian Railways Upgrades Train Toilets But Chained Mugs Are Here To Stay

The Railways has undertaken a mammoth drive to upgrade lavatories on trains, including ‘health faucets’ and the installation of over 200,000 bio toilets, but an age-old edifice — a metal mug secured with a chain to prevent theft — is set to remain, according to officials familiar with the matter.

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Bengaluru Railways Division Book 1,600 Ticketless Passengers In A Single Day

Bengaluru Railways Division Book 1,600 Ticketless Passengers In A Single Day

In a non-stop mega ticket checking drive spearheaded by the Commercial department of the Bengaluru Railway Division, 1,604 ticketless passengers were booked and a penalty amount of Rs 5,60,870 collected.

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