GOOD MORNING INDIA

March 24, 2019, Sunday

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

Discoms’ dues to IPPs cross Rs 36,260 crore, delayed payments for power sold are adding to the woes of stressed projects

Discoms’ dues to IPPs cross Rs 36,260 crore, delayed payments for power sold are adding to the woes of stressed projects

Even as stressed assets with a combined capacity of 32 gigawatts are on the verge of insolvency — another 7-gigawatt capacity is already undergoing the insolvency process at the National Company Law Tribunal

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Coal stocks in a third of NTPC plants close to nil

Coal stocks in a third of NTPC plants close to nil

Coal supply shortage continues to haunt NTPC, the country’s largest power generator, with latest government data showing 31% of the company’s coal-based capacity is running with ‘hand to mouth’ coal stock.

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India offers renewable energy expertise to island nations

India offers renewable energy expertise to island nations

India is ready to share its expertise in renewable energy with small island nations, Union Power and New & Renewable Energy Minister R K Singh said Wednesday. “India has chosen the path of sustainable growth and we want

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Coal India Q2 profits boosted by higher selling prices

Coal India Q2 profits boosted by higher selling prices

Coal India Ltd’s June quarter results had shown that the fuel producer had started the year well. While two swallows do not a summer make, it’s heartening to note that earnings growth was robust in the second quarter as well.

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Resurgent Power acquires 75% Jaypee's Prayagraj Power; first stressed asset to be resolved

Resurgent Power acquires 75% Jaypee's Prayagraj Power; first stressed asset to be resolved

Tata Power and ICICI Bank backed Resurgent Power has acquired 75.01% stake in Jaiprakash Associates 1980-mw power plant, becoming the first of the nearly dozen stressed power plants proposed to be resolved by lenders outside insolvency court.

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Essar Steel bankruptcy resolution: 29 operational creditors blast ArcelorMittal deal

Essar Steel bankruptcy resolution: 29 operational creditors blast ArcelorMittal deal

The resolution process for Essar Steel’s bankruptcy is getting entangled each coming day. As soon as the Committee of Creditors (CoC) chose Lalshmi Mittal’s ArcelorMittal as Essar Steel buyer, a massive list of 29 operation creditors

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JSW Steel to bid for all downstream stressed assets

JSW Steel to bid for all downstream stressed assets

Once-bitten-twice-shy JSW Steel has decided to bid for all the distressed large steel and downstream companies in future with the focus on evaluating their worthiness at the final stage.

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India to attract investments worth $80 bn in renewable energy: Report

India to attract investments worth $80 bn in renewable energy: Report

India's renewable energy space is turning out to be an attractive domain for foreign investors. In total, this sector has drawn $6.84 billion FDI from April 2000 to June 2018.

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Fuel prices continue to fall, petrol at 77.28, diesel at 72.09 in Delhi

Fuel prices continue to fall, petrol at 77.28, diesel at 72.09 in Delhi

Prices of petrol and diesel continued to fall on Thursday as well with a dip of Rs 0.15 and Rs 0.10 respectively, a litre in Delhi, according to a notification by oil-producing firms. Petrol was pegged at Rs 77.28 a litre and diesel at Rs 72.09 per litre.

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Extreme weather poses high risk to oil and gas infra: Study

Extreme weather poses high risk to oil and gas infra: Study

Oil and gas installations on the east coast are vulnerable to frequently occurring intense cyclones, while installations in the northwest may see higher flood risks from an increase in extreme rainfall, suggests a new assessment by The Energy and Resources Institute (Teri).

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Why global funds are once again warming up to India's sovereign bonds

Why global funds are once again warming up to India's sovereign bonds

Global funds are warming up to India’s sovereign bonds after shunning them for most of this year. Whether the interest will sustain depends on the price of oil, the nation’s top import.

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TABLE-India Reliance's Oct oil imports up 8.3 pct from Sept - trade sources

TABLE-India Reliance's Oct oil imports up 8.3 pct from Sept - trade sources

India's Reliance Industries, owner of the world's biggest refining complex, imported 8.3 percent more oil in October compared with September, according to data from shipping and industry sources.

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Nayara Energy delays refinery turnaround plan to November 21: sources

Nayara Energy delays refinery turnaround plan to November 21: sources

India’s Nayara Energy, part-owned by Russian oil giant Rosneft, will shut its 400,000-barrels-per-day (bpd) Vadinar refinery on the west coast for about a month from Nov. 21, two sources privy to the plan said on Wednesday.

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Surge in petrochem investment plan lifts up Make-in-Odisha outcome

Surge in petrochem investment plan lifts up Make-in-Odisha outcome

Massive response to the opportunity of investment in the petrochemical sector has unexpectedly inflated the total value of investment intentions received at the Make in Odisha conclave scheduled to conclude on Thursday.

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India, US to increase engagement in oil, energy sector

India, US to increase engagement in oil, energy sector

India and the US Wednesday pledged to further strengthen economic cooperation and increase engagement in the oil and energy sector with a view to boost bilateral trade.

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MMRDA snubs 2 firms that offered to run Monorail, scraps bidding process

MMRDA snubs 2 firms that offered to run Monorail, scraps bidding process

The condition of the Monorail is not going to get any better as the Mumbai Metropolitan Region Development Authority (MMRDA) has scrapped a bidding process for appointing a new operator to run the modern rail.

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Name Nagpur-Mumbai expressway after Gandhiji, demands pro-Vidarbha activist

Name Nagpur-Mumbai expressway after Gandhiji, demands pro-Vidarbha activist

Prominent pro-Vidarbha activist and former Advocate-General Shreehari Aney on Wednesday demanded that the upcoming Nagpur-Mumbai Super Communication Expressway (NMSCE) be named after Mahatma Gandhi for whom Vidarbha was a 'karmabhoomi'.

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Railways won’t compromise on safety issues: Ashwani Lohani

Railways won’t compromise on safety issues: Ashwani Lohani

Railway Board Chairman Ashwani Lohani said on Wednesday that the Railways will not compromise on safety and security of passengers. Lohani was here to chair a meeting of North Western Railways (NWR)

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Indian Railways Pragati Express in new avatar! Check glitzy makeover

Indian Railways Pragati Express in new avatar! Check glitzy makeover

Indian Railways has launched Project Utkrisht to upgrade rakes of Rajdhani and Shatabdi, and several other passenger and Mail express trains. In one such effort, it has given a makeover to Mumbai-Pune-Mumbai Pragati Express whose exclusive pics are here:

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Train 18 will soon be on Indian Railways tracks; first on Moradabad-Saharanpur route

Train 18 will soon be on Indian Railways tracks; first on Moradabad-Saharanpur route

Indian Railways passengers will get to enjoy a ride on its first semi-high speed engine-less train, Train 18. After completing all its trials related to technical updates, Railways will seek a formal nod from the commissioner

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New Train Coaches From India To Reach Sri Lanka In A Week

New Train Coaches From India To Reach Sri Lanka In A Week

The Indian Railways will export the first state-of-the-art swanky and modern Diesel Multiple Units (DEMU) train rake to Sri Lanka in a week, rail officials said on Wednesday.

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Maglev trains at 500 kmph! Know all about Japan’s driverless bullet train

Maglev trains at 500 kmph! Know all about Japan’s driverless bullet train

Maglev, with the capability of achieving speeds of 500 kmph, is the first driverless bullet train of Japan. Maglev (short for magnetic-levitation), has been developed keeping in mind Japan’s domestic requirements and not in competition with China,

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YESTERDAY'S HEADLINES

https://goo.gl/zJNcr6

 

 

 

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