GOOD MORNING INDIA

December 11, 2018, Tuesday

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

MUST READ

India Holds Tariff Fire Against US

India Holds Tariff Fire Against US

In its attempt to avoid a tariff war with the US, India plans to put off implementation of retaliatory import duties of $241 million against 29 products from the US by another month-and-a-half.

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Power Grid Setting Up 5 MW Rooftop Solar Projects

Power Grid Setting Up 5 MW Rooftop Solar Projects

Power Grid Corporation of India today said it is establishing 5 MWp rooftop solar PV systems at more than 50 premises of the company across the country.

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CIL Identifies 7 Coking Coal Mines In Australia For Acquisition: Par Panel

CIL Identifies 7 Coking Coal Mines In Australia For Acquisition: Par Panel

State-owned Coal India Limited (CIL) has identified seven coking coal assets in Australia for acquisition and is also in discussions with a few mine owners in Canada, a parliamentary panel said today.

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Tata Power Mundra Plant: US Backs Case Against IFC

Tata Power Mundra Plant: US Backs Case Against IFC

The US government has backed a case against the International Finance Corporation’s investments in Tata Power’s 4,620 MW Mundra plant.

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Except For Acme, Solar Energy Corporation Cancels All Projects Allotted In July 13 Auction

Except For Acme, Solar Energy Corporation Cancels All Projects Allotted In July 13 Auction

Solar Energy Corporation of India (SECI), the nodal agency for implementing National Solar Mission, has cancelled all but the lowest priced projects allotted in its mega solar auction held on July 13, multiple people familiar with the development told ET.

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Finmin May Approve Rs 4,000 Crore Subsidy For FAME II: Officials

Finmin May Approve Rs 4,000 Crore Subsidy For FAME II: Officials

The finance ministry is likely to approve a subsidy outlay of nearly Rs 4,000 crore for the second phase of FAME India scheme to promote electric and hybrid vehicles, official sources said today.

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Thermal Power Will Continue To Meet Growing Energy Demand: Ind-Ra

Thermal Power Will Continue To Meet Growing Energy Demand: Ind-Ra

Higher thermal power output will continue to meet the increasing electricity demand in the country, India Ratings said today in a report.

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India Can Become Powerhouse For Clean Tech: Danfoss’ Ravichandran Purushothaman

India Can Become Powerhouse For Clean Tech: Danfoss’ Ravichandran Purushothaman

Climate change presents a great opportunity for India that, coupled with ‘Make in India’, can help the country become a global powerhouse for clean technologies, said Ravichandran Purushothaman, president, India region, for Denmark-based Danfoss Industries.

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Stressed Power Assets: Is Relief Possible, Allahabad High Court Asks Reserve Bank

Stressed Power Assets: Is Relief Possible, Allahabad High Court Asks Reserve Bank

The Allahabad High Court on Thursday asked the Reserve Bank of India (RBI) whether it could relax its February 12 circular mandating 1-day default trigger for resolution of stressed assets, exclusively for the power projects.

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Free LPG To 5cr Poor Homes: PM’s Pet Scheme Beats Target

Free LPG To 5cr Poor Homes: PM’s Pet Scheme Beats Target

The government will complete the task of giving LPG connections free of cost to five crore poor households across 715 districts under the ‘Ujjwala’ programme on Friday, achieving the target originally set for one of PM Narendra Modi’s signature social schemes nearly eight months ahead of schedule.

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State Refiners Drive India's July Iran Oil Imports To A Record: Trade Sources

State Refiners Drive India's July Iran Oil Imports To A Record: Trade Sources

India's monthly oil imports from Iran surged by about 30 percent to a record 768,000 barrels per day (bpd) in July, as state refiners' intake surged ahead of U.S. sanctions in November, preliminary tanker arrival data obtained by Reuters showed.

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Rosneft's India Venture Nayara Rejigs Debt To Cut Interest Costs

Rosneft's India Venture Nayara Rejigs Debt To Cut Interest Costs

Russian oil company Rosneft's Indian venture Nayara Energy, which owns one of the largest refineries in the country, is moving to replace high-interest loans with new debt, part of efforts to reshape its balance sheet and cut borrowing costs, according to three sources familiar with the plan.

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RIL Plans To MergeU.S. Shale Business, India E&P Operations

RIL Plans To Merge U.S. Shale Business, India E&P Operations

Reliance Industries Ltd. (RIL) is planning to merge its loss-making U.S. shale operations and Indian exploration and production (E&P) business to achieve synergies.

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India’s Crude Oil Production To Grow By A Mere 1 MT Through 2022: Oil Ministry

India’s Crude Oil Production To Grow By A Mere 1 MT Through 2022: Oil Ministry

India’s crude oil production is expected to increase by a marginal 1 million tonne (MT) over the next four years through 2022, the oil ministry has said.

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No Delay Or Cost Over-run For Delhi Metro Phase III, Says Union Minister Puri

No Delay Or Cost Over-run For Delhi Metro Phase III, Says Union Minister Puri

The third phase of the Delhi Metro has not experienced any delay in construction or cost over- run, the Rajya Sabha was informed on Wednesday.

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NHAI To Ink MoU With SBI For Rs 25,000 Crore Loan! Largest Amount To Be Sanctioned To It In One Go

NHAI To Ink MoU With SBI For Rs 25,000 Crore Loan! Largest Amount To Be Sanctioned To It In One Go

NHAI will tomorrow ink a pact with State Bank of India (SBI) for a long-term unsecured loan to the tune of Rs 25,000 crore.

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Airport Metro Starion To Soon Get 20-bed R&R Flyer Facility

Airport Metro Starion To Soon Get 20-bed R&R Flyer Facility

Airports Authority of India (AAI) will set up a 20-bed R&R (rest and relaxation) facility at the airport metro station in Chennai. AAI has also appointed a consultant to design the retiring rooms.

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Thefts In Trains: MHA Asks States To Ensure Proactive Registration Of FIRs

Thefts In Trains: MHA Asks States To Ensure Proactive Registration Of FIRs

Concerned over a large number of railway passengers often falling prey to thieves, the Centre has asked all state governments to ensure proactive registration of FIRs and investigation of such cases so that it would act as a deterrent for criminals.

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Rlys To Train Staff To Deal With Vulnerable Children On Its Premises

Rlys To Train Staff To Deal With Vulnerable Children On Its Premises

Railways will now hold workshops for its staff to teach them ways to deal with vulnerable children they come in contact with on trains and stations.

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