GOOD MORNING INDIA

December 11, 2018, Tuesday

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

Coal India to set up methanol plant, eyes 6.76 LT output per annum

Coal India to set up methanol plant, eyes 6.76 LT output per annum

The world's largest coalminer CIL is aiming to produce 6.76 lakh tonne of methanol per annum to boost clean energy initiatives, its Chairman Anil Kumar Jha said. His statement comes at a time when the government is betting big on alternative fuel and pushing electric vehicles (EVs).

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Reliance Infrastructure Pulled Up For Buying Costly Coal, Driving Up Electricity Rates

Reliance Infrastructure Pulled Up For Buying Costly Coal, Driving Up Electricity Rates

The quasi-judicial body of the Maharashtra Electricity Regulatory Commission (MERC) has come down heavily on Adani, formerly Reliance Infrastructure, for buying costlier coal without following correct procedure.

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Softbank Energy Denies Allegations Of Cartelisation

Softbank Energy Denies Allegations Of Cartelisation

SoftBank Energy has denied allegations that the company attempted to form a cartel and increase solar power tariffs in a recent 3,000 MW tender, which was later partly cancelled.

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CDPQ Set To Buy 40% In CLP’s India Arm

CDPQ Set To Buy 40% In CLP’s India Arm

Canadian pension fund manager Caisse de dépôt et placement du Québec (CDPQ) agreed to acquire a 40% in CLP India for $368 million (Rs 2,645 crore), valuing the latter at $920 million.

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Centre Pushes For New Power Plant At Talcher; Odisha Seems Not So Keen

Centre Pushes For New Power Plant At Talcher; Odisha Seems Not So Keen

The Centre is keen on building a new power plant at Talcher in Odisha and wants the Prime Minister to launch the project later this week, despite the state’s seeming change of heart.

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RBI Not On High-level Panel To Resolve Stress In Power Sector

RBI Not On High-level Panel To Resolve Stress In Power Sector

The Reserve Bank has refused to be part of a high-level committee headed by the Cabinet Secretary which was constituted to resolve stress in the power sector as it is not willing to relax norms to deal with bad loans, according to a source.

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Petrol Breaches Rs 82 Mark IPetrol Breaches Rs 82 Mark In Delhi, Nears Rs 90 In Mumbain Delhi, Nears Rs 90 In Mumbai

Petrol Breaches Rs 82 Mark IPetrol Breaches Rs 82 Mark In Delhi, Nears Rs 90 In Mumbain Delhi, Nears Rs 90 In Mumbai

Domestic fuel prices continued their upward trajectory across the country on Monday with petrol prices rising by Rs 0.15 per litre in Delhi and Mumbai.

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How US Diktat Wrecks Oil Bill, Rupee

How US Diktat Wrecks Oil Bill, Rupee

Rising petrol/diesel prices, along with falling rupee, has the potential to create a stumbling block for Narendra Modi's juggernaut in 2019.

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Niti Aayog Halts Oil India’s CGD Plans

Niti Aayog Halts Oil India’s CGD Plans

The Niti Aayog has denied ‘permission’ to state-run Oil India (OIL) to venture into the country’s reinvigorated city gas distribution (CGD) business, arguing that exploration companies must focus

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Brookfield To Acquire Ambani Gas Pipeline

Brookfield To Acquire Ambani Gas Pipeline

Canadian investor Brookfield is set to buy the lossmaking East West Pipeline Ltd (EWPL), earlier known as Reliance Gas Transportation Infrastructure Ltd, for an enterprise valuation of Rs 14,000 crore ($2 billion).

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Fuel Demand Growth Strong In August Despite Record High Prices

Fuel Demand Growth Strong In August Despite Record High Prices

Demand growth for petrol and diesel stayed strong in August despite record prices although overall oil demand growth decelerated to less than 1% in the country from nearly 8% in July.

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IRCTC Scam: Patiala Court to hear case involving Lalu Prasad Yadav and family; ED says 'enough evidence' against them

IRCTC Scam: Patiala Court to hear case involving Lalu Prasad Yadav and family; ED says 'enough evidence' against them

The Patiala Court on Monday will hear an important case pertaining to the charge sheet filed by the Enforcement Directorate against former railway minister Lalu Prasad Yadav and his family, who are accused in the IRCTC Scam case.

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India’s First Rail Disaster Management Village Racing For December Launch

India’s First Rail Disaster Management Village Racing For December Launch

A historic effort to ensure more lives are saved when railway accidents take place is under way inside the sleepy Kanminike village, located 24 km from the city.

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Central Railway, Western Railway Together Removed 1.8l Cubic Metre Of Garbage From Tracks

Central Railway, Western Railway Together Removed 1.8l Cubic Metre Of Garbage From Tracks

The Central and Western Railway together have have removed close to 1.80 lakh cubic meters of garbage and muck from rail tracks and platforms in the past few month.

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Train 18 Will Make You Forget Shatabdi! 10 Unique Facts About Indian Railways’ 1st Engine-less 160 Kmph Train

Train 18 Will Make You Forget Shatabdi! 10 Unique Facts About Indian Railways’ 1st Engine-less 160 Kmph Train

Train 18 coming soon! From 1988 to 2018 – it’s been 30 years since the first Shatabdi Express train was flagged off.

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Bullet Train Work To Start Near Thane In January 2019

Bullet Train Work To Start Near Thane In January 2019

More than a year after laying the foundation stone of the bullet train project, on-ground work near Thane is expected to begin in January 2019.

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Rlys to try Japanese technology in bio-toilets at stations

Rlys to try Japanese technology in bio-toilets at stations

Japanese technology is based on sawdust and special churning system to decompose the faecal matters in toilet tank, while the Indian technology depends on bacteria-driven process

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