GOOD MORNING INDIA

December 14, 2018, Friday

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

ISA assembly okays $9-m annual budget

ISA assembly okays $9-m annual budget

The first assembly of the International Solar Alliance (ISA) provisionally approved the prospective annual budget of $9 million for calendar years 2019 and 2020. While speaking to FE, Upendra Tripathy

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‘Low solar tariffs warrant strict due diligence’

‘Low solar tariffs warrant strict due diligence’

Leading bankers and renewable energy financing experts from multilateral agencies have pointed out that low solar tariffs quoted in reverse auctions should be done after comprehensive assessment to maintain the long-term viability of power generation projects.

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End-Oct target for Bihar rooftop solar plan

End-Oct target for Bihar rooftop solar plan

The installation of solar power plants under the grid connected rooftop scheme will start from government buildings in Bihar. The selection of agency for this work has been done and the installation work is expected to start by the end of the current month.

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Rewiring Indian electricity

Rewiring Indian electricity

India's electricity industry is in a financial and political tangle. Power producers sit on thousands of megawatts of underutilized plant, while consumers face frequent power cuts, both planned and unplanned.

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SECI Signs Two MoUs With France At The 2nd Global RE-invest Meet

SECI Signs Two MoUs With France At The 2nd Global RE-invest Meet

More than 10,000 people attended the 2nd Global RE-Invest India-ISA Partnership Renewable Energy Experts' Meet & Expo on Wednesday at Greater Noida, the New and Renewable Energy Ministry said Thursday.

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Odisha's Power Trader Gridco To Buy 40 Mw Solar Power From NHPC's Project

Odisha's Power Trader Gridco To Buy 40 Mw Solar Power From NHPC's Project

Gridco, Odisha's bulk power procurer and trader has expressed interest to purchase 40 Mw solar power from NHPC Ltd.

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India, France Sign Two Agreements For Renewable Energy Innovations In Country

India, France Sign Two Agreements For Renewable Energy Innovations In Country

Two agreements have been signed between India and France to foster the development of renewable energy innovations in the country, such as high-efficiency solar panels, power storage, e-mobility and smart grid management.

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Fuel price cut: Won't reduce VAT on fuel, says Kerala government

Fuel price cut: Won't reduce VAT on fuel, says Kerala government

Kerala Finance Minister Thomas Isaac today refused to reduce Value Added Tax (VAT) by Rs 2.50 on petrol and diesel in the southern state as per the Centre's request so as to give relief to the people.

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List of states where petrol, diesel has become cheaper by Rs 5 per litre

List of states where petrol, diesel has become cheaper by Rs 5 per litre

The government has announced a relief of Rs 2.50 on petrol and diesel at a time when the Brent crude has touched $86 per barrel and there is uncertanity in the international crude oil market.

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US export falls as Indian buyers load up on Iranian oil ahead of sanctions

US export falls as Indian buyers load up on Iranian oil ahead of sanctions

Indian buyers reduced US crude purchases and loaded up on Iranian oil ahead of the restart of US sanctions next month and as the WTI-Brent differential narrowed, according to traders and shipping intelligence firm Kpler.

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Petrol And Diesel Prices Come Down. Here's How Much It Will Cost You Today

Petrol And Diesel Prices Come Down. Here's How Much It Will Cost You Today

In what comes as a major relief from the near-daily hike in fuel prices, the prices of diesel and petrol have come down today.

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Delhi-NCR Says Fuel Price Cut By Government Much-needed Relief

Delhi-NCR Says Fuel Price Cut By Government Much-needed Relief

With Assembly polls around the corner, the festive season coming up and noticing a growing frustration among people with rising prices, the Narendra Modi government finally slashed the retail costs of petrol and diesel by Rs 2.50 a litre on Thursday.

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Fuel Price Cut: Govt Directive To Hit State-run Oil Firms By Rs 4,500 Cr This Fiscal

Fuel Price Cut: Govt Directive To Hit State-run Oil Firms By Rs 4,500 Cr This Fiscal

The government’s latest directive to Oil Marketing Companies (OMCs) to bear the burden of fuel price cut by Re 1 per litre in the retail rates of petrol and diesel is likely to hit the collective net profit of the three OMCs by Rs 4,500 crore in the rest of the financial year ending March 2019.

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Going Extra Length To Find Substitute For Iranian Oil For Countries Like India: White House

Going Extra Length To Find Substitute For Iranian Oil For Countries Like India: White House

The United States is going an extra length for countries like India and Iraq to find substitute for Iranian oil, the White House said.

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Oil Marketing Companies’ Stocks Bear The Brunt Of Fuel Price Relief

Oil Marketing Companies’ Stocks Bear The Brunt Of Fuel Price Relief

Market worried that the cuts may signal end of fuel price deregulation

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We Have The Vision To Contribute 50% Of India’s Domestic Crude Oil Production: Anil Agarwal, Vedanta Resources Plc

We Have The Vision To Contribute 50% Of India’s Domestic Crude Oil Production: Anil Agarwal, Vedanta Resources Plc

Anil Agarwal, founder and Chairman of Vedanta Resources Plc, in an exclusive interview with Swati Khandelwal, Zee Business, said, "I always think towards the ways to contribute back to the country and society and take it ahead".

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Oil Producers Need To Pump More Or Put Demand Growth At Risk

Oil Producers Need To Pump More Or Put Demand Growth At Risk

Rising oil prices may hurt demand in some of the world’s fastest-growing nations unless producers take steps to boost supplies, according to the International Energy Agency.

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CR developing new station to boost WCL’s coal supply

CR developing new station to boost WCL’s coal supply

In a bid to augment Western Coalfields Limited’s (WCL) coal dispatch capacity from Umred, the Nagpur Central Railway (CR) is developing a new station at Makardhokda between Butibori and Umred.

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Railways Raises PE To Lay 295-km Track In Chhattisgarh

Railways Raises PE To Lay 295-km Track In Chhattisgarh

Indian Railways has raised private equity in a special purpose vehicle (SPV), Chhattisgarh Katghora-Dongarhgarh Railway Limited, for laying railway tracks in a move set to change the funding landscape for the national carrier and pave the way for further such investments.

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Green Court Asks Railways To Submit Action Plan On Cleanliness

Green Court Asks Railways To Submit Action Plan On Cleanliness

The National Green Tribunal (NGT) has directed the railways to submit an action plan for maintaining cleanliness on platforms and tracks and has asked the Comptroller and Auditor General (CAG) to conduct its performance audit at regular intervals.

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In Bid To Develop Railway Stations, Cabinet Approves Residences Around It

In Bid To Develop Railway Stations, Cabinet Approves Residences Around It

Construction of residential complexes will now be allowed around railway stations as part of an ambitious redevelopment programme of the Indian Railways approved by the Union Cabinet on Wednesday, a source said.

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Mumbai-ahmedabad Bullet Train Project Gets Make In India Touch: Railways Pitches To Build Coaches Indigenously

Mumbai-ahmedabad Bullet Train Project Gets Make In India Touch: Railways Pitches To Build Coaches Indigenously

The bullet train project connecting Mumbai to Ahmedabad is one of the most ambitious projects of the country.

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Southern Railway Announces Diwali Special Trains

Southern Railway Announces Diwali Special Trains

Southern Railway has announced seven special trains in view of Diwali. Advance reservations for the special trains will open at 8am on October 5.

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YESTERDAY'S HEADLINES

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