GOOD MORNING INDIA

October 16, 2018, Tuesday

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

Power Companies Facing Insolvency Get No Interim Relief From High Court

Power Companies Facing Insolvency Get No Interim Relief From High Court

The Allahabad High Court declined to give private power companies any interim relief on the Reserve Bank of India (RBI) circular that tightened bad loan norms on Monday, the deadline for finalising resolution plans for the stressed assets.

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China Cuts Steel Exports To India, May Target Domestic Market For Growth

China Cuts Steel Exports To India, May Target Domestic Market For Growth

During the first four months of the current fiscal the steel imports to India at 3.03MT is 8.2% higher compared to the level of last year.

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Finance Ministry May Consult RBI Soon To Resolve Stress Power Sector Problems

Finance Ministry May Consult RBI Soon To Resolve Stress Power Sector Problems

The Finance Ministry may soon hold talks with the Reserve Bank of India to resolve issues faced by the power sector and also seek some relaxation of the February 12 NPA guidelines, sources said today.

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Suresh Prabhu Urges India Inc To Identify Priority Sectors In Kenya

Suresh Prabhu Urges India Inc To Identify Priority Sectors In Kenya

Commerce Minister Suresh Prabhu has asked Indian businesses to carry out a market study to identify priority areas for expanding cooperation with Kenya, as the country eyes fresh avenues to boost bilateral trade with the African nation.

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Allahabad HC Order To Undermine Future Investment In Indian Power Sector

Allahabad HC Order To Undermine Future Investment In Indian Power Sector

On the backdrop of the 180-day grace period granted by the Reserve Bank of India (RBI) ending on Monday, the Allahabad High Court refused to grant interim relief to the firms facing National Company Law Tribunal (NCLT) proceedings.

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ABB India Plans To Add New Facilities For EV Chargers, Robotics In Industry 4.0

ABB India Plans To Add New Facilities For EV Chargers, Robotics In Industry 4.0

ABB India Ltd, the diversified energy products and solution and industrial automation major, is upbeat on India and has identified new area for focus over the next few quarters.

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Mytrah Energy Commissions 103.5 Kwp Rooftop Solar For Suretech Hospital In Maharashtra

Mytrah Energy Commissions 103.5 Kwp Rooftop Solar For Suretech Hospital In Maharashtra

Mytrah Energy (India) Pvt. Ltd. (MEIPL) has announced the completion of the 103.5kWp rooftop solar project for Suretech Hospital and Research Centre, a nursing training institute in Nagpur, Maharashtra.

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Sun-AP Ecopower Partners With Outback Power To Introduce Battery Based Energy Storage Solar Products

Sun-AP Ecopower Partners With Outback Power To Introduce Battery Based Energy Storage Solar Products

Sun-AP Ecopower, a city-based engineering firm OutBack Power today entered partnership to introduce to Indian Market, state of the art Alino and Outback series solar products.

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Tata Power Arm Raises Rs 2,700 Cr

Tata Power Arm Raises Rs 2,700 Cr

Tata Power today said its wholly-owned arm Coastal Gujarat Power Ltd has raised Rs 2,700 crore via issuance of non-convertible debentures on private placement basis.

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Power Plants Are National Assets And Large Haircut Is Not Always The Best Solution: Anil Razdan

Power Plants Are National Assets And Large Haircut Is Not Always The Best Solution: Anil Razdan

What happens from here? Another 180 days’ extension that the power sector defaulters had wanted has not come through.

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GMR Warora Energy Account Standard, No Impact Of RBI Circular: GMR Infra

GMR Warora Energy Account Standard, No Impact Of RBI Circular: GMR Infra

GMR Infrastructure today said its arm GMR Warora Energy Ltd (GWEL) does not have any pending dues with any of its lenders and is not affected by the RBI's February 12 circular.

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India’s Oil Policy Could Do With A Lot Of HELP

India’s Oil Policy Could Do With A Lot Of HELP

In the initial rounds of bidding for oil/gas, including the time when the government simply gave oilfields to oilcos under “nomination”

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Total To Exit Hazira LNG, Sell 26% Stake To Shell

Total To Exit Hazira LNG, Sell 26% Stake To Shell

French energy giant Total SA will exit the Indian LNG venture by selling 26 per cent stake to its partner Royal Dutch Shell, the two companies announced on Monday.

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Sharp Rise In Non-oil Imports Exerting Pressure On India's Trade Imbalance: ASSOCHAM

Sharp Rise In Non-oil Imports Exerting Pressure On India's Trade Imbalance: ASSOCHAM

It is not only crude oil which is exerting pressure on India's import bill and consequently on the current account deficit and the rupee

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Crude Oil Prices To Hover Between $65-70 Per Barrel In Second Half Of Current Fiscal: India Ratings

Crude Oil Prices To Hover Between $65-70 Per Barrel In Second Half Of Current Fiscal: India Ratings

The average global crude oil prices are likely to hover in a range between $65 per barrel and $70 per barrel in the second half of the current financial year ending March 2019

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GAIL To Create Independent Body For Marketing And Pipeline Business: Oil Minister Pradhan

GAIL To Create Independent Body For Marketing And Pipeline Business: Oil Minister Pradhan

Oil Minister Dharmendra Pradhan today said government-owned gas utility GAIL (India) has assured the oil ministry the company will create an independent and autonomous body to handle its marketing and pipeline business separately.

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BPCL LPG Storage Facility In Hyderabad To Become 3,100 MT By January Next

BPCL LPG Storage Facility In Hyderabad To Become 3,100 MT By January Next

The LPG storage of BPCL (Bharat petroleum Corporation Limited) in Hyderabad will be around 3,100 MT by between January-February, 2019, said S Dhanapal, State Head (LPG), Andhra Pradesh and Telangana here on Monday.

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OMCs, Fuel Dealers Battle It Out Over Sharing Of Personal Data Of Staff

OMCs, Fuel Dealers Battle It Out Over Sharing Of Personal Data Of Staff

The battle between petroleum dealers and oil marketing companies has intensified, with the former coming out in public against the use of petrol pumps for government campaigns and seeking of personal data of over a million people working in petrol pumps across the country.

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6 41 Lakh Families Got Free LPG Connection In Bihar: Modi

6 41 Lakh Families Got Free LPG Connection In Bihar: Modi

Bihar Deputy Chief Minister Sushil Kumar Modi today said that about 6. 41 lakh families had been given free LPG connection so far under 'Gram Swaraj Abhiyan'.

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IOCL Plans To Invest Rs 18.23 Bn To Expand East India's First LPG Pipeline

IOCL Plans To Invest Rs 18.23 Bn To Expand East India's First LPG Pipeline

Oil marketing major Indian Oil Corporation Ltd (IOCL) is planning to augment eastern India’s first pipeline, the Paradip-Haldia-Durgapur LPG Pipeline and its extension up to Muzaffarpur and Patna, with an investment of Rs 18.23 billion.

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Over 70,000 LPG Connections Provided Under Ujjwala Yojna In Himachal: Jai Ram Thakur

Over 70,000 LPG Connections Provided Under Ujjwala Yojna In Himachal: Jai Ram Thakur

Over 70,000 LPG connections have been provided under Ujjwala Yojna in Himachal Pradesh, Chief Minister Jai Ram Thakur said.

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JNPT, Railways & States To Sign MoU For Rs 8,574 Crore Rail Project

JNPT, Railways & States To Sign MoU For Rs 8,574 Crore Rail Project

The government today said that JNPT, Railways and state governments of Madhya Pradesh and Maharashtra will enter into a pact tomorrow for implementing Rs 8,574.79 crore Indore- Manmad Railway Line Project.

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CAG Questions Need For GE’s New Diesel Locomative Plant In Bihar

CAG Questions Need For GE’s New Diesel Locomative Plant In Bihar

The mega diesel engine making project in Marhowra, Bihar, that the Railways had awarded to GE Global Sourcing India in 2015, is under the scanner.

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Lower Parel's Delisle ROB: Private Agencies Seek Permit To Lay Cables Below The Tracks

Lower Parel's Delisle ROB: Private Agencies Seek Permit To Lay Cables Below The Tracks

Despite the fact that Chief Minister Devendra Fadnavis and Union Railway minister Piyush Goyal came together to sort out the issue of rebuilding the Delisle road over bridge at Lower Parel;

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Tap On Tab, Report Metro Rail Problem

Tap On Tab, Report Metro Rail Problem

Regular metro rail riders mostly use the transit system because its technology makes it fast and efficient.

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