GOOD MORNING INDIA

December 11, 2018, Tuesday

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

India offers USD 20 mn to Tajikistan for development projects

India offers USD 20 mn to Tajikistan for development projects

India on Monday offered a grant of USD 20 million to Tajikistan for financing development projects in the resource-rich Central Asian country as President Ram Nath Kovind and his Tajik counterpart held talks and reaffirmed their determinatio

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Three Times Annual Budget of Modicare Needed Just to Keep IL&FS Afloat, and Your Tax Rupees Will Pay for It

Three Times Annual Budget of Modicare Needed Just to Keep IL&FS Afloat, and Your Tax Rupees Will Pay for It

The government has done well to contain the IL&FS contagion by superseding the company’s board of directors and taking over controls at this debt-ridden mess for the next few quarters.

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Daily average power price at record ₹ 8.95/unit on IEX

Daily average power price at record ₹ 8.95/unit on IEX

India witnessed an all-time high average price of ₹ 8.95 per unit for electricity traded on the exchange market, according to the India Energy Exchange (IEX). This high price for Tuesday delivery was on account of reasons such as higher demand from eastern,

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Greenko Energy signs pact to acquire assets of Skeiron

Greenko Energy signs pact to acquire assets of Skeiron

City-based Greenko Energy Holdings, a renewable energy company, announced Monday that it has signed a pact to buy the assets of Pune-based Skeiron Green Renewables in Andhra Pradesh and Karnataka.

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No new coal expansion if India serious about keeping temp rise to 1.5 degrees: Greenpeace

No new coal expansion if India serious about keeping temp rise to 1.5 degrees: Greenpeace

Coal consumption by Indian thermal generators needs to be cut by two thirds within 2030 and to almost zero by 2050 if India has to limit temperature rise to 1.5 degrees said Greenpeace India in a statement.

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Civic body to illuminate 1000 new street light points with LEDs

The Agra Municipal Corporation (AMC) ahead of Diwali will install 1,000 LEDstreet lights in the city. Each of the 100 municipal wards in the city will be provided LED lighting facility at 10 points.

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Coal India Ltd and NLC India sign pact to set up JV for power generation

Coal India Ltd and NLC India sign pact to set up JV for power generation

Coal India Ltd (CIL) Monday said it has entered into a pact with NLC India Ltd (NLCIL) to set up a joint venture for power generation. "Coal India Ltd (CIL) and NLCIL have signed a memorandum of understanding

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India has opportunity to develop more sustainable energy industry: IPCC report co-author

India has opportunity to develop more sustainable energy industry: IPCC report co-author

Making plans keeping in view the goal of limiting global temperature rise to under 1.5 degree Celsius gives countries such as India an opportunity to develop a more sustainable energy industry

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Suzlon aims to reduce 40-50% of debt through asset monetisation by March

Suzlon aims to reduce 40-50% of debt through asset monetisation by March

Suzlon, this country’s largest maker of wind power gear, is looking at monetising some of its assets, amid an anticipated rise in sales volume from the next financial year, both at home and abroad.

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Fuel Prices Continue to Skyrocket; Petrol Priced at Rs 82.26 in Delhi, at Rs 87.73 in Mumbai

Fuel Prices Continue to Skyrocket; Petrol Priced at Rs 82.26 in Delhi, at Rs 87.73 in Mumbai

After the government’s move to cushion the common with some comfort with one-off excise duty cut, the fuel prices continued to spike on Tuesday with the petrol being sold at Rs 82.26 per litre in Delhi and Rs 87.73 in the national capital

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India needs to completely reframe oil policy; has no future without storage tech: Amitabh Kant

India needs to completely reframe oil policy; has no future without storage tech: Amitabh Kant

India needs to completely re-frame its oil policy and the country’s oil companies must venture into storage technology because that is where the energy future lies, according to NITI Aayog Chief Executive Officer (CEO) Amitabh Kant.

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Wait And Watch US Sanctions Implode: Ex-Envoy's Advice To India On Iran

Wait And Watch US Sanctions Implode: Ex-Envoy's Advice To India On Iran

India need not take an aggressive position in public on the issue of US sanctions on nations defying its directive to bring their oil imports from Iran to zero by November 4, says a former Indian diplomat.

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Gadkari stresses on use of alternative fuels

Gadkari stresses on use of alternative fuels

Union road transport minister Nitin Gadkari Monday stressed on use of alternative sources of energy including bio ethanol amid rise in petroleum prices. "Import of petrol is becoming difficult for the country and so we should look at the alternative sources of energy

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Fuel supply restored after Air India clears partial dues

Fuel supply restored after Air India clears partial dues

Hours after oil marketing companies reportedly cut the supply of aviation fuel to Air India for its domestic flights, the national carrier is learnt to have cleared part of the dues it owed.

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India hopes for U.S. sanctions waiver after cutting Iran oil imports: officials

India hopes for U.S. sanctions waiver after cutting Iran oil imports: officials

India hopes to secure a waiver from U.S. sanctions on Iran before they take effect on Nov. 4, as it had significantly cut Iranian oil imports before the deadline, officials said on Monday.

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RPT-India asks Saudi Arabia to raise crude oil output - Oil Minister

RPT-India asks Saudi Arabia to raise crude oil output - Oil Minister

Higher retail fuel prices pose a challenge, said India’s Oil Minister Dharmendra Pradhan. He said he spoke to Saudi Arabia’s Oil Minister two days ago to discuss high oil prices

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Mumbai: Metro ring route to connect distant corners of Thane

Mumbai: Metro ring route to connect distant corners of Thane

In order to boost connectivity via public transport in Thane, the Maharashtra Metro Rail Corporation (MMRC) is planning to construct a 29-km-long ring Metro corridor in Thane. The Metro, that will partially run underground, will connect the interiors of the city.

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NHAI to take up Dwarka Expressway Gurgaon's section in November 2018

NHAI to take up Dwarka Expressway Gurgaon's section in November 2018

Times of India reported that Dwarka Expressway, a project caught in an unending loop of delays for the best part of the last decade, frustrating thousands of homebuyers who invested in Gurgaon’s new sectors,

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MCF plans to ramp up production capacity from 1000 to 2000 coaches per year by 2020-21

MCF plans to ramp up production capacity from 1000 to 2000 coaches per year by 2020-21

The Modern Coach Factory is planning to ramp up its production capacity from 1000 coaches per annum to 2000 coaches and has proposed an investment of Rs 480 crore for the expansion, a senior railway official said.

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More than 20 tenders worth Rs 88,000 crore for bullet train project by Jan '19: Sources

More than 20 tenders worth Rs 88,000 crore for bullet train project by Jan '19: Sources

The National High Speed Corporation Limited (NHSRCL) is gearing to float more than 20 tenders for the bullet train project by January next year, sources in the railway ministry said. The tenders amounting to Rs 88,000 crore w

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