GOOD MORNING INDIA

October 17, 2018, Wednesday

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

States ask for subsidies, support, protection, right policies to boost clean energy in India

States ask for subsidies, support, protection, right policies to boost clean energy in India

"There should be a level-playing field because foreign investors come with huge investments.Our Indian investors needs protection from the government," Puducherry Chief Minister V Narayanasamy observed during a session.

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Power Tariff Stays At Decade High Of Rs 18.20/unit In Spot Market

Power Tariff Stays At Decade High Of Rs 18.20/unit In Spot Market

Power tariff touched a fresh decade-high of Rs 18.20 per unit at the spot market on Wednesday as electricity demand mainly for evening hours continues to outstrip supply amid low wind and hydro energy production.

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French minister Brune Poirson co-chairs first assembly of ISA

French minister Brune Poirson co-chairs first assembly of ISA

French Minister Brune Poirson Wednesday co-chaired the first session of General Assembly of the International Solar Alliance (ISA) here and discussed ways to produce results swiftly.

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HCL Tech bags deal from Australian energy major TransGrid

HCL Tech bags deal from Australian energy major TransGrid

HCL Technologies signed a five-year managed services deal with TransGrid, a high-voltage transmission network service provider of New South Wales, Australia.

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New IL&FS board’s rescue plan may follow old team’s ‘prescription’

New IL&FS board’s rescue plan may follow old team’s ‘prescription’

Asset sale, fund raising through equity and debt could be the first options of the new board.

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Acme Solar Mulls Putting 650 MW Of Capacity Up For Sale

Acme Solar Mulls Putting 650 MW Of Capacity Up For Sale

Acme Solar, which had bid aggressively to push solar tariffs in India to record lows, is considering putting 650 megawatts of capacity on the block, as it weighs various options for the future, multiple people aware of development said.

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750 MW Rewa Solar Project A Milestone

750 MW Rewa Solar Project A Milestone

Rewa Ultra Mega Solar Ltd (RUMSL) has implemented the innovative 750MW Rewa Solar Project with historical outcomes.

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Coal Scam: Court Imposes Rs 2 Lakh Fine On Accused For Violating Bail Condition

Coal Scam: Court Imposes Rs 2 Lakh Fine On Accused For Violating Bail Condition

A special court has imposed a fine of Rs two lakh on a director of Adhunik Corporation Ltd, accused in a coal scam case, for violating bail conditions by going abroad without its prior permission.

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Centre mulling over measures to reduce fuel prices

Centre mulling over measures to reduce fuel prices

"There has been no inflation under the Prime Minister Narendra Modi regime. However, the fuel prices have soared high. The Prime Minister is chalking out plans to reduce them," he said.

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Oil falls as Saudi and Russia quietly agree output rise, US stocks swell

Oil falls as Saudi and Russia quietly agree output rise, US stocks swell

Brent crude oil futures were trading at $85.85 per barrel at 0104 GMT, down 44 cents, or 0.5 percent, from their last close.

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RBI Allows Oil Marketing Firms To Raise $10 Bn From Overseas

RBI Allows Oil Marketing Firms To Raise $10 Bn From Overseas

The Reserve Bank of India (RBI) Wednesday relaxed policy on borrowing from overseas to allow state-owned fuel retailers to raise up to USD 10 billion external debt for working capital needs.

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ONGC Awards Rs 11,741 Cr Contract To Baker Hughes, McDermott, McDermott

ONGC Awards Rs 11,741 Cr Contract To Baker Hughes, McDermott, McDermott

State-owned Oil and Natural Gas Corp (ONGC) said Wednesday it has awarded a Rs 11,740.86 crore contract for development of its mega KG-D5 oil and gas fields to a consortium of Baker Hughes, McDermott International and L&T Hydrocarbon Engineering.

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How Long For Petrol Price To Hit Rs 100 Per Litre?

How Long For Petrol Price To Hit Rs 100 Per Litre?

Another $10 rise in crude oil to $95 per barrel at rupee level of 73-74 may take petrol price in India to Rs 100 per litre, according to the back-of-the-envelope calculations by analysts.

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Install Vapour Recovery Devices At Fuel Stations By Oct 31 NGT To Oil Cos

Install Vapour Recovery Devices At Fuel Stations By Oct 31 NGT To Oil Cos

In a bid to tackle the menace of toxic emissions at petrol pumps, the National Green Tribunal has directed public sector oil companies to install vapour recovery devices at all fuel stations by October 31.

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Ministry Of Railways Wins 'Swachchta Hi Seva' Award

Ministry Of Railways Wins 'Swachchta Hi Seva' Award

The Ministry of Railways has been declared the best department for its contribution to "Swachchta Pakhwada" under the "Swachchta Hi Seva" category of awards in an inter-ministry initiative organised by the Ministry of Drinking Water 

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Indian Railways To Roll Out 640 Deluxe Utkrisht Rakes By 2020

Indian Railways To Roll Out 640 Deluxe Utkrisht Rakes By 2020

Indian Railways have plans to develop 640 Utkrisht rakes under its project of upgrading the mail/express trains in the next two years at a cost of Rs 400 crore, a senior official asserted on Wednesday.

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Cabinet Ok’s Rs 14,441 Cr For Bhopal, Indore Metros

Cabinet Ok’s Rs 14,441 Cr For Bhopal, Indore Metros

Ahead of the coming Assembly polls in Madhya Pradesh this year, the Union Cabinet on Wednesday approved Rs 14,441 crore for metro projects in Bhopal and Indore.

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Unions Owe Rs 1.58 Crore To S Rly: RTI

Unions Owe Rs 1.58 Crore To S Rly: RTI

In Southern Railway, all employee unions, recognized and unrecognized, owe lakhs of rupees to the government as rent for occupying offices on railway property, electricity and water charges, but officials are yet to recover the dues.

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Union Cabinet Approves Plans To Let Indian Railways Commercially Develop Land, Air Space At Stations

Union Cabinet Approves Plans To Let Indian Railways Commercially Develop Land, Air Space At Stations

The Cabinet on Wednesday has cleared the way for the railways to commercially develop land and air space in and around stations by approving its station redevelopment plans, according to a statement.

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YESTERDAY'S HEADLINES

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