GOOD MORNING INDIA

November 21, 2018, Wednesday

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

Sterlite Power’s Infra Investment Trust Eyeing Third-party Transmission Assets

Sterlite Power’s Infra Investment Trust Eyeing Third-party Transmission Assets

India Grid Trust (IndiGrid), the infrastructure investment trust (InvIT) promoted by one of the largest players in India’s power transmission sector

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Spot Power Prices Halve In 10 Days On Anticipation Of Higher Output

Spot Power Prices Halve In 10 Days On Anticipation Of Higher Output

After touching decade highs, power prices have more than halved in the spot market in early October in anticipation of better coal production and supply post monsoon.

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Power Supply Restored In Titli Hit Srikakulam

Power Supply Restored In Titli Hit Srikakulam

Power supply has been restored in the Titli cyclone hit Srikakulam district .

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JSW Steel Weighing Options To Fund Acquisition Of Bhushan Power, Essar Steel

JSW Steel Weighing Options To Fund Acquisition Of Bhushan Power, Essar Steel

Sajjan Jindal-led JSW Steel is exploring various financing models, including a 'joint control mechanism', to fund the acquisition of the stressed assets of Bhushan Power and Steel Ltd and Essar Steel, a source said.

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Thermal Power Demand Outstrips Projections, Coal Production

Thermal Power Demand Outstrips Projections, Coal Production

The demand for thermal power has outpaced demand projections and coal production.

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Piyush Goyal To Receive US University Award For Rural Electrification Effort

Piyush Goyal To Receive US University Award For Rural Electrification Effort

Union Minister for Railways, Coal and Corporate Affairs Piyush Goyal will Friday receive the prestigious Carnot prize for his contribution towards sustainable energy solutions, an official statement said.

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Buy GE Power India, Says Rupak De

Buy GE Power India, Says Rupak De

GE Power India after a steep correction has witnessed a breakout from its falling wedge pattern on the daily timeline.

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PTC India To Ink PPAs With 7 Firms, 5 States For 1,900MW By Oct End

PTC India To Ink PPAs With 7 Firms, 5 States For 1,900MW By Oct End

Power trading solutions provider PTC India will sign medium-term power purchase agreements (PPA) for 1,900 MW coal-based power capacities with seven companies and five states by month-end under a pilot scheme, an official said.

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Petrol Price Drops For Third Consecutive Day, Costs Rs 81.99 Per Litre In Delhi, Rs 87.46 In Mumbai

Petrol Price Drops For Third Consecutive Day, Costs Rs 81.99 Per Litre In Delhi, Rs 87.46 In Mumbai

The petrol and diesel prices deceased by 0.39 paisa per litre and 0.12 paisa per litre, respectively in Delhi. On the other hand, petrol saw a dip of 0.38 paisa per litre in Mumbai whereas, diesel price experienced a cut of 0.13 paisa per litre.

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Anil Agarwal's Vedanta Firms Up Shale Play, To Start Exploration Soon

Anil Agarwal's Vedanta Firms Up Shale Play, To Start Exploration Soon

Anil Agarwal-led Vedanta is likely to initiate exploration related works for shale resources in its Rajasthan block.

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Jalandhar units face heat of surging furnace oil prices

Jalandhar units face heat of surging furnace oil prices

Skyrocketing fuel prices have not only derailed the budget of automobile owners, but also made small-scale industrial units suffer as a 50 per cent jump in furnace oil prices threatens to jeopardise Jalandhar-based hand tools, pipe fittings, nut-bolts and auto-part manufacturers.

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Rising fuel prices: Why India is paying the price for its irrational energy tax policy

Rising fuel prices: Why India is paying the price for its irrational energy tax policy

The government’s headline-grabbing benevolence of up to Rs 2.50 per litre cut in petrol and diesel prices couldn’t sustain even for two weeks as diesel prices hit another lifetime high on October 16.

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Easier ECB rules: OMCs look to raise $1.4 billion in first tranche

Easier ECB rules: OMCs look to raise $1.4 billion in first tranche

State-run oil-marking companies have decided to raise around $1.4 billion in the first tranche, following the Reserve Bank of India’s (RBI) recent decision to ease rules for raising foreign currency loans overseas.

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Amritsar Train Accident: Army Dispatches 2 Vehicles To Bring Casualties

Amritsar Train Accident: Army Dispatches 2 Vehicles To Bring Casualties

The Indian Army on Friday despatched two ambulance vehicles to Guru Nanak Dev Hospital in an effort to bring casualties to its hospital.

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Railways Releases Helpline Numbers For Amritsar Train Tragedy

Railways Releases Helpline Numbers For Amritsar Train Tragedy

The Indian Railways has issued helpline numbers for the Amritsar train accident.

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20km Assam Bridge To Cut Travel By 200km

20km Assam Bridge To Cut Travel By 200km

India’s longest river bridge will be built across the Brahmaputra, connecting Dhubri in Assam to Phulbari in Meghalaya, and will cut road travel by 203km as also travel time.

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Amritsar Train Accident: PM Modi Expresses Grief, Piyush Goyal Cuts Short Trip

Amritsar Train Accident: PM Modi Expresses Grief, Piyush Goyal Cuts Short Trip

Prime Minister Narendra Modi expressed shock over the train mishap in Amritsar during the Dussehra celebrations while railway minister Piyush Goyal cancelled all his engagements in the United States and decided to return immediately.

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India’s Bullet Train Project Likely To Miss 2023 Deadline: Report

India’s Bullet Train Project Likely To Miss 2023 Deadline: Report

The government’s ambitious bullet train project may not meet the 2023 deadline, with several obstacles blocking the project’s initial land acquisition process.

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India, Iran Working On Rupee-rial Facility For Chabahar Port To Sidestep US Sanctions

India, Iran Working On Rupee-rial Facility For Chabahar Port To Sidestep US Sanctions

India is weighing a rupee-rial payment mechanism for the Chabahar project in Iran as it weaves a way around the impending sanctions imposed by the US on the Persian Gulf nation from 4 November, to kickstart the port that is considered critical to the country’s geopolitical and trade interests.

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Indian Railways To Soon Begin Manufacturing ‘Make In India’ Metro Coaches In Rae Bareli

Indian Railways To Soon Begin Manufacturing ‘Make In India’ Metro Coaches In Rae Bareli

Indian Railways will be manufacturing Metro train coaches in its Rae Bareli facility for the first time, Economic Times has reported.

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Indian Railways’ First Station Inside A Tunnel! Know About Keylong Station On Bilaspur-Manali-Leh Rail Line

Indian Railways’ First Station Inside A Tunnel! Know About Keylong Station On Bilaspur-Manali-Leh Rail Line

In a first, Indian Railways is set to build a railway station inside a tunnel close to the Sino-India border, on the strategic Bilaspur-Manali-Leh line, at a reported height of 3,000 metres.

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India To Build World's Highest Railway Line At 5,360 Feet Above Sea Level

India To Build World's Highest Railway Line At 5,360 Feet Above Sea Level

India will build the world's highest railway line at 5,360 feet above sea level along the India-China border. The proposed 465 km long line will connect Bilaspur-Manali-Leh and mountain passes - Rohtang la, Barlacha la, Lachung la and Tangla la.

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