GOOD MORNING INDIA

November 21, 2018, Wednesday

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

Govt Examining Proposal To Bid Out UMPPs To Meet Rising Power Demand : Power Min R K Singh

Govt Examining Proposal To Bid Out UMPPs To Meet Rising Power Demand : Power Min R K Singh

The government is examining a proposal to bid out UMPPs to meet the rising power demand in the country, Power Minister R K Singh said.

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National Merit Order List For Electricity Generation To Help In Reducing Power Cost

National Merit Order List For Electricity Generation To Help In Reducing Power Cost

In continuation of its efforts to reduce the cost of electricity generation in the country, the ministry of power has released a scheme for increasing flexibility in generation and distribution of electricity.

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Edelweiss Infra-backed Sekura buys Essel’s four Power Transmission Projects for $800 million

Edelweiss Infra-backed Sekura buys Essel’s four Power Transmission Projects for $800 million

Sekura Energy Ltd, backed by Edelweiss Infrastructure Yield Plus (EIYP) fund, will acquire two operating power transmission assets from Essel Infraprojects Ltd- namely Darbhanga-Motihari Transmission Limited and NRSS XXXI (B) Transmission Limited.

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MAN Energy India Eyes 300-m Euro Revenue From Guj Plant

MAN Energy India Eyes 300-m Euro Revenue From Guj Plant

German company MAN Energy Solutions, which is into industrial power solutions, is targetting 300 million euro in annual revenue over the next three years from its new plant near here that was commissioned Tuesday.

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One Lakh Solar Agriculture Pumps Approved In Maharashtra: Fadnavis

One Lakh Solar Agriculture Pumps Approved In Maharashtra: Fadnavis

The Maharashtra government has approved one lakh solar agriculture pumps and aims to provide uninterrupted power supply to farmers even during day time, Chief Minister Devendra Fadnavis said on Tuesday at the launch of the Mukhyamantri Saur Krishi Vahini Scheme.

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India Likely To Add Up To 8.5 Gw Renewable Energy Capacity In Current Fiscal: ICRA

India Likely To Add Up To 8.5 Gw Renewable Energy Capacity In Current Fiscal: ICRA

India is likely to add between 8 Gigawatt (Gw) and 8.5 Gw of renewable energy generation capacity in the current financial year ending March 2019 followed by healthy growth next fiscal (2019-20) too, according to research and rating agency ICRA.

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IL&FS Faces More Embarrassments: Ind-Ra Downgrades MF Schemes

IL&FS Faces More Embarrassments: Ind-Ra Downgrades MF Schemes

Crippled IL&FS group faced Tuesday more embarrassments after India Ratings downgraded its various mutual fund schemes and placed them on a rating watch negative (RWN).

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SAIL Says Regularly Developing High-quality Products

SAIL Says Regularly Developing High-quality Products

Country's largest steel producer SAIL has said it is regularly developing high-quality products that are relevant to the need of the country and the market.

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ArcelorMittal Ready To Clear Uttam Galva, KSS Petron Debt For Essar Steel Bid

ArcelorMittal Ready To Clear Uttam Galva, KSS Petron Debt For Essar Steel Bid

ArcelorMittal has sent a letter to Essar Steel lenders, saying it is preparing to repay dues worth Rs 4,554 crore of Uttam Galva and KSS Petron so that it could bid for Essar Steel under the Insolvency and Bankruptcy Code.

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OPINION: Bring in BRICS & IBSA on oil prices

OPINION: Bring in BRICS & IBSA on oil prices

PM Narendra Modi did well to call major oil suppliers to New Delhi, to impress upon them the problem ever-rising oil prices foist on India, the world’s third-largest consumer of oil, and to seek a change in payment terms that would alleviate the pressure on the rupee.

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Arun Jaitley At Assocham Event: ‘oil Most Important Challenge For India, Have To Be Resilient’

Arun Jaitley At Assocham Event: ‘oil Most Important Challenge For India, Have To Be Resilient’

Listing out oil as the “most important” challenge for India, Finance Minister Arun Jaitley said since most of the country’s oil comes through imports, economy has to be made resilient enough to face this challenge.

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OPEC, Allies Yet To Hike Output By One Million Barrels Per Day: Oil Minister

OPEC, Allies Yet To Hike Output By One Million Barrels Per Day: Oil Minister

Oil cartel OPEC and allies haven’t yet kept their promise of raising oil output by one million barrels a day, oil minister Dharmendra Pradhan said, but didn’t blame supply scarcity for recent crude price trend.

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Dharmendra Pradhan Says Government Does Not Interfere In Fuel Pricing

Dharmendra Pradhan Says Government Does Not Interfere In Fuel Pricing

Oil minister Dharmendra Pradhan Tuesday said the government does not interfere in the pricing of petroleum products which had been deregulated, allowing state-owned retailers to fix rates based on the international benchmark.

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Pradhan Urges Rosneft To Enhance Presence In Fuel Retail Sector

Pradhan Urges Rosneft To Enhance Presence In Fuel Retail Sector

Union Minister for Petroleum and Natural Gas Dharmendra Pradhan on Tuesday urged Russian energy company Rosneft to enhance its presence in the Indian fuel retailing sector.

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India To Contribute The Most To Growth In Global Oil Demand, OPEC Says

India To Contribute The Most To Growth In Global Oil Demand, OPEC Says

India will contribute the most to the rise in global oil demand in the next two decades, according to OPEC, even as the world’s fastest-growing nation looks to reduce its dependence on fossil fuels.

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BMRCL Talks The Walk; Plans Wider Footpaths Near 26 Metro Stations

BMRCL Talks The Walk; Plans Wider Footpaths Near 26 Metro Stations

Bengaluru’s Namma Metro is all set to overhaul footpaths near its metro stations, The New Indian Express has reported.

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Team Modi Starts Work On A New National Waterways Project, And Here’s Why It Matters

Team Modi Starts Work On A New National Waterways Project, And Here’s Why It Matters

Union Minister For Shipping, Road Transport & Highways, Nitin Gadkari, recently laid the foundation stone for the development work of Ghagra river as National Waterway (NW) – 40.

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Soon, Delhi Metro To Expand Train Coaches But 2 Lines Remain Out Of Plan

Soon, Delhi Metro To Expand Train Coaches But 2 Lines Remain Out Of Plan

Delhi Metro has planned to induct more carriages to expand six-coach trains on its busy corridors to eight-coach ones to facilitate commuters during rush hours, sources said.

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Festival Rush: Railways To Ferry Around 16 Cr Passengers In The Next 30 Days

Festival Rush: Railways To Ferry Around 16 Cr Passengers In The Next 30 Days

The Indian Railways will ferry around 16 crore passengers during the upcoming festive season.

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Land Acquisition Woes Threaten To Derail Modi's 200 Mph Bullet Train Dream

Land Acquisition Woes Threaten To Derail Modi's 200 Mph Bullet Train Dream

India’s bullet train project is moving at the pace of a commuter train instead.

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