GOOD MORNING INDIA

March 25, 2019, Monday

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

Tangedco gets nod to float tenders for solar, wind power projects

Tangedco gets nod to float tenders for solar, wind power projects

The Tamil Nadu Electricity Regulation Commission (TNERC) has given its approval to Tangedco to float solar and wind power tenders for the current financial year. TNERC has set the minimum tariff for solar at Rs 3 per unit and Rs 2.65 per unit for wind.

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Delhi’s air quality ‘very poor’, four areas record ‘severe’ pollution

Delhi’s air quality ‘very poor’, four areas record ‘severe’ pollution

Delhi’s overall air quality was in the ‘very poor’ category on Wednesday with four areas in the city recording ‘severe’ pollution due to low wind speed, authorities said.

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In next 50 days, every household in India will have electricity connection; only these many houses left

In next 50 days, every household in India will have electricity connection; only these many houses left

The Narendra Modi government has reiterated that every household in India will get electricity connection by December end, three months ahead of the deadline under the flagship Saubhagya scheme.

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High-powered committee recommends bail out for stressed power sector

High-powered committee recommends bail out for stressed power sector

To bailout the stressed power sector a high level committee constituted by the government of India has recommended a number of remedial measures like assured coal supply, timely payment of dues by the discoms and phasing out old thermal power plants with high heat rate.

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A case for accelerated deployment of renewable energy capacity in India

A case for accelerated deployment of renewable energy capacity in India

India is transforming its national electricity system by incorporating deflationary renewables.In doing so, it is improving energy security, reducing reliance on imported fossil fuels, addressing air pollution, and lowering emissions intensity.

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Ecogreen Energy top brass quit, Global CEO to take charge of India operations

Ecogreen Energy top brass quit, Global CEO to take charge of India operations

Singapore’s Ecogreen Energy Pvt Ltd said its Managing Director (MD) Rakesh Agarwal and Chief Executive Officer (CEO) Ankit Agarwal have resigned from their posts. The group’s Global CEO Charles Zhang will take charge of India operations.

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IREDA feels the pinch of RBI tightening NPA provisioning norms

IREDA feels the pinch of RBI tightening NPA provisioning norms

The Indian Renewable Energy Development Agency (IREDA) expects worsening of its asset quality with the Reserve Bank of India’s recent move to level the playing field on NPA recognition between State-owned NBFCs and private-owned ones.

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Fuel prices slashed again, petrol costs Rs 75.97 in Delhi

Fuel prices slashed again, petrol costs Rs 75.97 in Delhi

The prices of fuel witnessed another dip on Thursday bringing some respite to the customers, after being constant for a day. The price of petrol in the national capital dipped to Rs 75.97 per litr

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Oil prices pressured by rising US crude stocks, but expected OPEC supply cut supports

Oil prices pressured by rising US crude stocks, but expected OPEC supply cut supports

Oil markets started Thursday timidly, with rising US crude inventories pressuring prices but an expected supply cut by producer cartel OPEC offering some support.

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Niko may be forced to exit Reliance KG-D6 block

Niko may be forced to exit Reliance KG-D6 block

Canada-based Niko Resources Plc may have to exit its holding in the D6 block in the Krishna-Godavari basin as the cash-strapped company is struggling to meet its investment obligations, according to the company.

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Oil Prices: OPEC Will Struggle to Muster Friends for Output Cuts

Oil Prices: OPEC Will Struggle to Muster Friends for Output Cuts

OPEC will struggle to carry all of its partners from outside the group along with it as oil producing group looks to extend output cuts into a third year at meetings to be held in Vienna in early December,  

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Domestic LPG Cylinder Price Breaches Rs. 1000 Mark

Domestic LPG Cylinder Price Breaches Rs. 1000 Mark

The price of non-subsidised domestic LPG cylinder of 14.2 kg has breached the Rs. 1,000 mark in several places across the country. As consumers cough up an average of Rs. 200 more for a cooking gas cylinder than what they had paid

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Gas-based economy fuels cleaner growth

Gas-based economy fuels cleaner growth

In a momentous day in India’s energy history, Prime Minister Narendra Modi will lay the foundation stone of City Gas Distribution (CGD) projects in more than 60 geographical areas (GAs) spread across 124 districts on Thursday.

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October oil import up 10.5% to 21 MT, highest in 7 years

October oil import up 10.5% to 21 MT, highest in 7 years

India’s crude oil import surged 10.5% to 21 million tonne (MT) in October 2018—a seven-year high — compared with 19 MT a year ago, in turn pulling up the country’s crude oil import dependency to 83.5%, according to data from Petroleum Planning and Analysis Cell.

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Gas cut off in Wagle Estate after pipeline gets ruptured

Gas cut off in Wagle Estate after pipeline gets ruptured

Residents of Wagle Estate had to face a shutdown of domestic gas supply early on Tuesday after a portion of Mahanagar Gas Limited (MGL) pipeline at road no. 22 got ruptured.

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Oil at $55 a barrel? Not for India. This is what you must know about WTI and Brent crude oil prices

Oil at $55 a barrel? Not for India. This is what you must know about WTI and Brent crude oil prices

The crude oil price has slumped to $55 a barrel. The only problem is that the oil, which is trading at $54.55, is United States’ home-produced West Texas Intermediate (WTI), and not the world benchmark Brent.

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In 8 yrs, UP to have 222 new CNG stations

In 8 yrs, UP to have 222 new CNG stations

Uttar Pradesh will soon witness a change in the gas distribution network in cities. Piped natural gas (PNG) supply would reach 7.84 lakh homes in 22 districts of the state while 222 new CNG stations would come up in the next eight years.

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Reliance Jio to take over as service provider for Indian Railways

Reliance Jio to take over as service provider for Indian Railways

Pre Reliance Jio Infocomm will serve the country’s largest and most sought-after accounts in telecom — the railways — from January 1, with officials saying it is likely to slash the national transporter’s phone bills by around 35% at least.

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6 coaches of empty rake derail in UP's Rampur

6 coaches of empty rake derail in UP's Rampur

Six coaches of an empty rake derailed in Rampur district between Damora and Duggan station on Moradabad-Bareilly Junction section on late Wednesday night. The incident blocked the railway line which led to a delay of several other trains.

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An Ambitious Chinese-Built Rail Line Through the Himalayas – A Debt Trap for Nepal?

An Ambitious Chinese-Built Rail Line Through the Himalayas – A Debt Trap for Nepal?

China’s Belt and Road Initiative (BRI) has ambitions to reshape the global economy by connecting more than 60 countries across Asia, Europe and Africa through trade and infrastructure projects.

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PM to lay foundation for new rail project: Bhamre

PM to lay foundation for new rail project: Bhamre

The union minister of state for defence and Dhule MP Subhash Bhamre on Tuesday said that Prime Minister Narendra Modi is likely to lay the foundation stone for the ambitious Manmad-Indore railway line project.

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JSPL supplies 35,000 tonnes rails to Indian Railways till Oct

JSPL supplies 35,000 tonnes rails to Indian Railways till Oct

Jindal Steel and Power Ltd (JSPL) supplied 35,000 tonnes of rails to the Indian Railways during July to October, a company official said Wednesday. In July, the company had bagged 20 per cent of Rs 2,500-crore global rail

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Magisterial probe report on Amritsar train tragedy submitted

Magisterial probe report on Amritsar train tragedy submitted

A 300-page, magisterial probe report on the Amritsar train accident in which about 60 people died last month was submitted to the Punjab Home Secretary Wednesday.

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CM for corpn between Jharkhand, railways to speed up work

CM for corpn between Jharkhand, railways to speed up work

The Jharkhand government and the railways should form a corporation to speed up railway-related works in the state as has been done in Maharashtra, Chief Minister Raghubar Das said on Wednesday.

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YESTERDAY'S HEADLINES 

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