GOOD MORNING INDIA

October 16, 2018, Tuesday

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

Spot Power Price Spikes To 5-year High Of Rs 14 Per Unit

Spot Power Price Spikes To 5-year High Of Rs 14 Per Unit

Spot power prices spiked to five-year-high of Rs 14 per unit in the day-ahead market (DAM) for short periods on the Indian Energy Exchange as state utilities and other consumers rushed to make up the shortfall in generation from hydel, wind and coal-fired stations.

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Lowest Solar Power Tariff Bid At Gujarat Urja Vikas Nigam Limited

Lowest Solar Power Tariff Bid At Gujarat Urja Vikas Nigam Limited

Gujarat has equalled the record of fetching the lowest tariff for solar power in India.

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Mahadiscom Has Not Paid Bills For Last Six Years, Owes Over Rs 10,000 Crore: Mahagenco

Mahadiscom Has Not Paid Bills For Last Six Years, Owes Over Rs 10,000 Crore: Mahagenco

MAHARASHTRA’S electricity generation and distribution companies are at odds with each other over pending dues amounting to around Rs 10,000 crore.

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Mytrah Energy Signs Purchase Pact With SECI For 300 MW Wind Project

Mytrah Energy Signs Purchase Pact With SECI For 300 MW Wind Project

Mytrah Energy said Friday it has entered into a power purchase agreement (PPA) with the Solar Energy Corporation of India (SECI) for setting up a 300 MW wind power plant.

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India To Reduce Cooling Energy Demand By 25% By 2038

India To Reduce Cooling Energy Demand By 25% By 2038

India has become the first country in the world to develop a draft blueprint outlining action plan to bring down cooling requirement and refrigerant demands across sectors by 20 per cent to 25 per cent by 2037-38

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Power Utility’s First Solar Plant Goes Live

Power Utility’s First Solar Plant Goes Live

The state power distribution utility made a new beginning on Sunday after successfully linking its solar energy plant at Wavi in Sinnar taluka to the electricity grid.

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Renewable Energy India Expo To Kick-start With 45 Participating Countries On Tuesday

Renewable Energy India Expo To Kick-start With 45 Participating Countries On Tuesday

The 12th edition of the Renewable Energy India 2018 Expo will kick-start on Tuesday with participation of delegates from 45 countries and more than 750 exhibitors.

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Coal India's Export Plans Now In Cold Storage Over Domestic Demand

Coal India's Export Plans Now In Cold Storage Over Domestic Demand

Coal India’s (CIL’s) plans to export coal to SAARC countries has been put on the back-burner as the state-owned miner is facing a steep challenge to supply adequate coal to domestic power plants.

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Arcelormittal

After Steel, ArcelorMittal Eyes Ruias’ EPC Business

The takeover battle between Lakshmi Mittal of ArcelorMittal and the Ruia family of the Essar Group has intensified.

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Fuel Prices Touch New Highs: Petrol at Rs 82.16 Per Litre in Delhi, Set to Breach Rs 90 Mark in Mumbai

Fuel Prices Touch New Highs: Petrol at Rs 82.16 Per Litre in Delhi, Set to Breach Rs 90 Mark in Mumbai

Fuel prices continued their upward spiral on Tuesday with petrol being sold at Rs 82.16 per litre in the national capital and Rs 89.54 in Mumbai – an increase of 10 paise from Monday.

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Petrol, diesel should come under GST: oil minister Dharmendra Pradhan

Petrol, diesel should come under GST: oil minister Dharmendra Pradhan

Expressing concern over the continuous rise in fuel prices, Union Petroleum and Natural Gas Minister Dharmendra Pradhan on Monday said that petrol and diesel should come under the ambit of Goods and Services Tax (GST).

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Who benefits from taxes on petrol, diesel?

Who benefits from taxes on petrol, diesel?

Taxes on petrol and diesel are an important revenue source for both the Centre and state governments. The Centre imposes excise duty, customs duty, and a cess on petrol and diesel.

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City gas retail licences: Adani, IOC, BPCL emerge big winners

City gas retail licences: Adani, IOC, BPCL emerge big winners

State-run Indian Oil Corp (IOC), Bharat Petroleum Corp Ltd (BPCL) and private sector Adani Gas have emerged as the major winners of city gas distribution (CGD) licences, according to bid results of 84 cities released by the petroleum regulator PNGRB on Monday.

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Record India diesel prices a pain for Modi as rupee resumes fall

Record India diesel prices a pain for Modi as rupee resumes fall

India’s growth monikers -- the world’s fastest-growing major economy and the fastest-growing oil user -- might make for good headlines, but when juxtaposed with the less-flattering description of its currency they pose a problem for Prime Minister Narendra Modi.

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In A Big Boost To Rail Safety, Indian Railways Eliminates All Unmanned Crossings On Major Routes

In A Big Boost To Rail Safety, Indian Railways Eliminates All Unmanned Crossings On Major Routes

Working on a war footing, the Indian Railways has managed to remove or supervise all unmanned crossings on major routes across the country in the last five months, Indian Express has reported.

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Railway Minister, Officials May Meet Mps Today

Railway Minister, Officials May Meet Mps Today

Activists and rail enthusiasts campaigning for efficient suburban train services are keeping their fingers crossed.

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Railways To Float New Global Tender For 7.5 Lakh Tonne Rails

Railways To Float New Global Tender For 7.5 Lakh Tonne Rails

Given the shortage in supply of rails by Steel Authority of India (SAIL), the Indian Railways (IR) is all set to float a global tender of 7.5 lakh tonne (likely worth around Rs 4,000 crore).

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MMRCL

Mumbai Metro-3 Route: International Tunneling Expert To Meet MMRCL Engineers On Sept 18 Over Atash Behrams

An international expert from Europe on metro tunneling will meet engineers from Mumbai Metro Rail Corporation Ltd (MMRCL) on Tuesday with a proposal on the possibility of a re-alignment of Metro-3 to avoid going under the two heritage Zoroastrian Atash Behrams

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Germany Rolls Out World's First Hydrogen Train

Germany Rolls Out World's First Hydrogen Train

Germany on Monday rolled out the world's first hydrogen-powered train, signalling the start of a push to challenge the might of polluting diesel trains with costlier but more eco-friendly technology.

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Railways Passengers Alert! Your Next Ride Will Boost Your Health

Railways Passengers Alert! Your Next Ride Will Boost Your Health

Western Railway has developed a dust collection system for the roof-mounted air handling units (AHUs) that pump fresh air into suburban train coaches, a senior official said Monday.

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Ircon’s IPO Sees 29% Subscription On Day 1

Ircon’s IPO Sees 29% Subscription On Day 1

Ircon International’s initial share sale was subscribed 29% on Monday, the first day of the bidding process, according to the National Stock Exchange (NSE).

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YESTERDAY'S HEADLINES

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