GOOD MORNING INDIA

March 25, 2019, Monday

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

Dilution of RBI norms for power companies will set dangerous precedent, say experts; SC verdict likely today

Dilution of RBI norms for power companies will set dangerous precedent, say experts; SC verdict likely today

The Supreme Court is likely to deliver a verdict today on the clutch of petitions, including from power producers’ association, seeking relaxation of the Reserve Bank of India (RBI) norms that mandate insolvency proceedings in case of debt servicing default beyond 180 days.

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Solar power booming in Kochi

Solar power booming in Kochi

Solar power generation has gone up significantly in Kochi with many big firms switching over to solar energy. Kochi Metro, Cochin University of Science and Technology (Cusat), Government Medical College, Ernakulam are some of the big institutions installing solar plants.

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Delhi: Discoms work to meet winter peak demand

Delhi: Discoms work to meet winter peak demand

The capital’s power distribution utilities are getting ready to meet peak winterdemands and ensure uninterrupted supply. With the Delhi government reducing the city’s dependency on coal-generated electricity, the discoms

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No coal mining after NGT ban: Meghalaya CM

No coal mining after NGT ban: Meghalaya CM

Meghalaya Chief Minister Conrad Sangma on Thursday said that there has been no coal mining activity after the interim ban was imposed by the National Green Tribunal on April 2014.

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8-fold profit growth in Sept quarter, but legacy issues haunt Coal India

8-fold profit growth in Sept quarter, but legacy issues haunt Coal India

Despite an eight-fold increase in net profit at Rs 30.85 billion for the quarter ended September, and a 10 per cent increase in production this year, Coal India (CIL) continues to consistently miss the ministerial targets every month.

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Essar seeks hearing before orders passed, promoters look to convince NCLT on Rs 54,389-crore proposal

Essar seeks hearing before orders passed, promoters look to convince NCLT on Rs 54,389-crore proposal

Essar Steel Asia Holdings (ESAH), the holding company of Essar Steel, has approached the National Company Law Tribunal (NCLT) asking it be allowed to plead its case before any orders are passed.

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The hidden costs of green energy

The hidden costs of green energy

The focus on green energy is extremely laudable and India is on its way to achieving its 100 GW of solar energy by 2022. Other developments in the recent past have also been very encouraging. T

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Pollution: Thermal plants in Pb, Haryana to meet 5pc of fuel demand from paddy stubble

Pollution: Thermal plants in Pb, Haryana to meet 5pc of fuel demand from paddy stubble

The Centre and the state governments have agreed to make it mandatory for thermal power plants to meet 5 per cent of their fuel requirement from paddy stubble pellets in Punjab and Haryana to check pollution caused by burning of farm waste, sources said.

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Is solar power on path of becoming a stressed sector?

Is solar power on path of becoming a stressed sector?

The renewable energy sector, especially solar, could be next in line in becoming a stressed sector, something similar to thermal power. As such, the sector is already facing funding challenges. And to make matter worse safeguard duty,

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IL&FS used subsidiary for suspicious fund transfers: Report

IL&FS used subsidiary for suspicious fund transfers: Report

Troubled Infrastructure Leasing & Financial Services (IL&FS) reportedly manipulated operations in its subsidiary Kanak Resource Management Limited (KRML), showcasing another layer of its shady lending and borrowing operations.

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Strongest Case To Reopen Sterlite Copper Plant In Thoothukudi? India’s Demand For The Metal To Double By 2026

Strongest Case To Reopen Sterlite Copper Plant In Thoothukudi? India’s Demand For The Metal To Double By 2026

The demand for copper could double from 650,000 tonnes to 1,433,000 tonnes by 2026, as claimed by Birla Copper’s CEO J C Laddha at ‘Asia Copper Conference’ in Shanghai.

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Delhi: Power discom employs ‘predictive learning’ for better demand forecast

Delhi: Power discom employs ‘predictive learning’ for better demand forecast

BSES, the capital’s principal power distributor, has put into use “predictive learning” to get more accurate demand forecast, using a vast trove of data of over 10 years, an official has said. The company started using a third-party

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Prices of petrol, diesel slashed further on Friday

Prices of petrol, diesel slashed further on Friday

Fuel prices once again witnessed a decline on Friday in New Delhi and Mumbai owing to a reduction in the rates of crude oil. In New Delhi, petrol is being sold at Rs 77.10 per litre after a decrease of 18 paise, and diesel at Rs 71.93 per litre after a decrease of 16 paise.

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IIT Researchers Devise Programme To Maximise LPG Connections

IIT Researchers Devise Programme To Maximise LPG Connections

Researchers at the Indian Institute of Technology (IIT), Kharagpur have devised a computer programme that will help maximise LPG connections in BPL households in the 'Pradhan Mantri Ujjwala Yojana', a statement issued by the institute said Thursday.

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Oil prices stable on expected OPEC cuts, but surging US supply drags

Oil prices stable on expected OPEC cuts, but surging US supply drags

Oil prices were stable on Friday, supported by expected supply cuts from OPEC but held back by record US production. US West Texas Intermediate (WTI) crude oil futures were at $56.5/ per barrel at 0132 GMT, up 12 cents from their last settlement.

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Fall in crude oil prices to revive ailing power loom sector

Fall in crude oil prices to revive ailing power loom sector

Fall in international crude oil prices has given a reason to ailing power loom weaving sector to cheer. In the last fortnight, yarn manufacturers have reduced polyester yarn prices by almost Rs15 per kilogram giving a major relief to weaving sector.

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RailTel mobile tender hangs fire as bidders claim Jio violated condition

RailTel mobile tender hangs fire as bidders claim Jio violated condition

The Indian Railways tender to get itself 3.78 lakh mobile phone connections has run into rough weather with a couple of bidders claiming that the lowest bidder Reliance Jio has violated a tender condition.

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East coast calling: Marina, inland water transport hub in the works

East coast calling: Marina, inland water transport hub in the works

Domestic cruises, water taxis, floating restaurants, and catamarans — Mumbai is all set to get a brand new water transport hub. The project will be spread across a 1-km stretch on the seafront near Ferry Wharf in the Mumbai Port

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Shot in arm for PM Modi: NDA’s highway drive in four-and-half years beats UPA’s seven years road construction

Shot in arm for PM Modi: NDA’s highway drive in four-and-half years beats UPA’s seven years road construction

While its ambitious national highway (NH) construction targets have been hard to reach, the NDA government has clearly outdone the previous UPA dispensation when it comes to expanding the country’s national highway network.

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People celebrating ‘Chhath’ move freely on railway tracks in Bathinda, no lessons learnt from Amritsar train accident

People celebrating ‘Chhath’ move freely on railway tracks in Bathinda, no lessons learnt from Amritsar train accident

It seems people of Punjab have learnt no lessons from the tragic accident in Amrtisar that led to the death of over 60 persons recently who were watching “Ravan dahan” while standing on the railway track.

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IRCTC is offering 50% discount on Maharajas Express tickets

IRCTC is offering 50% discount on Maharajas Express tickets

The Indian Railways Catering and Tourism Corporation (IRCTC) is offering 50% discount on second ticket booking of its world-class, luxury train Maharajas Express.

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Next financial year, Railways to double track related work

Next financial year, Railways to double track related work

As part of its efforts to improve passenger safety and punctuality, the Indian Railways is looking to double its efforts to carry out electrification and track related work for the next financial year. Railway board chairman Ashwani Lohani

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YESTERDAY'S HEADLINES

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