GOOD MORNING INDIA

November 16, 2018, Friday

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

Shortage Of Coal Shuts 10,500 MW Power Plants Amid Rising Demand

Shortage Of Coal Shuts 10,500 MW Power Plants Amid Rising Demand

A sudden rise in electricity demand in the wake of inadequate coal supply is precariously pushing power plants towards outages.

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ABB Working With Credit Suisse, Dyal on Power Grid Options

ABB Working With Credit Suisse, Dyal on Power Grid Options

ABB Ltd. is working with advisers to prepare the potential separation of its power grid unit, people familiar with the matter said

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JSW May Not Pursue Essar Steel If It Wins Bhushan Power

JSW May Not Pursue Essar Steel If It Wins Bhushan Power

JSW Steel Ltd may not pursue its interest in buying out bankrupt Essar Steel if it wins the stressed Bhushan Power and Steel Ltd instead, said two people close to the development.

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Bangladesh Gets A Massive Mini–Power Grid Powered By The Sun

Bangladesh Gets A Massive Mini–Power Grid Powered By The Sun

In countries with a great deal of sunshine, it makes sense to want to install solar panels wherever possible. But sometimes, even if that goal succeeds, the work isn’t quite done.

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NTPC May Bid For 8-9 Stressed Private Power Companies

NTPC May Bid For 8-9 Stressed Private Power Companies

State-run NTPC, India’s biggest power producer, is gearing up to bid for 8,000-10,000 mw of stressed private power projects when they are moved to the bankruptcy court.

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JSW Bid For Bhushan Power And Steel Gets 90 Per Cent Lenders Backing

JSW Bid For Bhushan Power And Steel Gets 90 Per Cent Lenders Backing

JSW Steel's Rs 19,700 crore offer for debt-laden Bhushan Power and Steel (BPSL) has been backed by around 90 per cent of lenders, a source in the know of the matter said.

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Essar Steel: ArcelorMittal To Pay Rs 7,469 Crore To Clear Uttam Galva

Essar Steel: ArcelorMittal To Pay Rs 7,469 Crore To Clear Uttam Galva

Terming Essar Steel as "unique and compelling opportunity" to gain foothold in India, steel giant ArcelorMittal said Wednesday it will pay Rs 7,469 crore to the creditors of Uttam Galva and KKS Petron to be eligible to acquire the debt-laden firm, as per Supreme Court order.

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Pradhan Takes Up Oil Pricing At New Delhi Dialogue With OPEC

Pradhan Takes Up Oil Pricing At New Delhi Dialogue With OPEC

e world's third-biggest oil consumer, Wednesday pressed OPEC to move to responsible pricing of oil and gas saying the recent spike in rates are far detached from market fundamentals and are hurting importing nations.

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Reliance Industries Halts Iranian Oil Imports

Reliance Industries Halts Iranian Oil Imports

Reliance Industries Ltd, owner of the world's biggest refining complex, has halted imports of Iranian crude ahead of US sanctions against Tehran's oil sector, its joint chief financial officer said.

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PM Narendra Modi Can Learn These Lessons From Cairn On Raising Oil Output

PM Narendra Modi Can Learn These Lessons From Cairn On Raising Oil Output

It is not clear if the global energy players prime minister Narendra Modi met earlier this week will pay much heed to his plea for a review of payment terms for oil—to allow more payment in rupees to stem the currency’s fall—but it is clear the matter is a serious one.

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India Seeks Investors For Building 2nd Phase Of Strategic Oil Storage

India Seeks Investors For Building 2nd Phase Of Strategic Oil Storage

The government Wednesday began roadshows to attract investors for building its second phase of strategic oil storage at a cost of over Rs 11,000 crore that would more than double the emergency cover against any supply disruption to 22 days.

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Aramco, Adnoc Interested In India's Rs 110-bn Strategic Oil Reserve Project

Aramco, Adnoc Interested In India's Rs 110-bn Strategic Oil Reserve Project

Petroleum Minister Dharmendra Pradhan said on Wednesday that two global oil majors -- Saudi Aramco and Abu Dhabi National Oil Corporation (Adnoc) -- have shown interest in setting up the second phase of India's strategic crude oil reserves that may see an investment to the tune of Rs 110 billion.

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Rising Oil, Lack Of Strategy Put India In A Spot

Rising Oil, Lack Of Strategy Put India In A Spot

If any proof was needed to show how fragile and vulnerable we, as a nation, are in terms of energy security, the recently-concluded India Energy Forum provided it publicly.

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Tejas Express To Get Even Faster: Indian Railways Conducts Trials Between Mumbai And Goa For Higher Speeds

Tejas Express To Get Even Faster: Indian Railways Conducts Trials Between Mumbai And Goa For Higher Speeds

The Central Zone of Indian Railways is conducting trial run of Tejas Express with two engines at a speed of 120 kilometres per hour between Mumbai and Goa, Financial Express has reported.

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India's 200 Miles-per-hour Bullet Train Moving At A Slow Pace

India's 200 Miles-per-hour Bullet Train Moving At A Slow Pace

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

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Railways Seeks Central Funding For Bilaspur-Leh Project On India-china Border

Railways Seeks Central Funding For Bilaspur-Leh Project On India-china Border

In a significant development, the Indian Railways is looking at pitching the strategic Bilaspur-Manali-Leh railway project on the India-China border as a national project to get central funding 

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Delhi Metro's Blue Line To Be Extended By December

Delhi Metro's Blue Line To Be Extended By December

There is good news for those living or working in and around Sector 62, Noida.

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Amidst Power Crisis, All Goods Trains Lead To Maharashtra

Amidst Power Crisis, All Goods Trains Lead To Maharashtra

Amid massive power crisis in the state due to unavailability of railway rakes to carry coal, the 'black gold' aka coal has grown dearer for the state government.

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113-year-old Steam Engine Back On Shimla-kalka Track

113-year-old Steam Engine Back On Shimla-kalka Track

A 113-year-old steam engine is back after three months on the Shimla-Kalka heritage railway track after overhauling.

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We Are Foraying Into Energy Storage And Charging Infrastructure: Rahul Mishra, CEO, Rays Future Energy

We Are Foraying Into Energy Storage And Charging Infrastructure: Rahul Mishra, CEO, Rays Future Energy

Rays Future Energy, an arm of Gurugram-based Rays Power Infra, is mulling a foray into the new business areas of energy storage and charging infrastructure.

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Piyush Goyal Tells Railways To Use Saloons For Commercial Purpose

Piyush Goyal Tells Railways To Use Saloons For Commercial Purpose

Railway Minister Piyush Goyal has instructed IRCTC to use the two saloons earmarked for him for the general public's use, a source said.

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