GOOD MORNING INDIA

January 23, 2019, Wednesday

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

PM Modi’s Saubhagya scheme powered universal electrification

PM Modi’s Saubhagya scheme powered universal electrification

We have set an ambitious goal for ourselves—the goal of providing access to 24×7 electricity for all in the country. Access to electricity here represents not only the connectivity to the network but also includes availability of requisite

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Discoms’ dilemma: UDAY fades as Saubhagya shines

Discoms’ dilemma: UDAY fades as Saubhagya shines

While the UDAY scheme for revival of electricity discoms has been dawdling since its November 2015 launch, the Narendra Modi government’s ambitious household electrification scheme Saubhagya seems to have put a new speed-breaker on its path.

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Bypass for stressed gencos: Not clear if states will allow direct deduction from RBI account

Bypass for stressed gencos: Not clear if states will allow direct deduction from RBI account

The UDAY scheme, given how it slashed the interest burden for state electricity boards (SEBs) and had ambitious targets to reduce their aggregate technical & commercial (ATC) losses, was supposed to be the genuine turnaround plan for the sector.

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Debt crisis: IL&FS may opt for roads, renewable projects auction

Debt crisis: IL&FS may opt for roads, renewable projects auction

Troubled infrastructure group IL&FS, which has prepared a roadmap to resolve its debt crisis, is believed to be now planning an auction to sell off its roads and renewable energy projects to generate funds.

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Power Minister reviews Buxar thermal power project

Power Minister reviews Buxar thermal power project

Union Minister R K Singh Thursday reviewed the progress for the 1,302 MW Buxar thermal power project and directed officials to expedite its investment approval.

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Coal crisis for industry sparks mass unrest in Odisha's western hinterland

Coal crisis for industry sparks mass unrest in Odisha's western hinterland

Coal crunch for industries in Odisha's western hinterland has triggered a mass protest. More than 40,000 people from Jharsuguda, Sambalpur and Sundargarh took to the streets Wednesday, protesting the alleged step-motherly

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Power demand revival drives 19% volumes growth at Indian Energy Exchange

Power demand revival drives 19% volumes growth at Indian Energy Exchange

A revival in power demand spurred volumes growth in electricity trading at Indian Energy Exchange (IEX). The exchange's electricity trade volume rose 19 per cent during April-September, aided by pan-India 6.2 per cent increase in electricity generation in the period.

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Aussie govt hopes Adani deal falls ‘on right side of angels’

Aussie govt hopes Adani deal falls ‘on right side of angels’

Australia has applied stringent, rigorous environmental standards in giving all conditional approvals to Adani’s Carmichael coal mine project and the Indian operator was progressing well on it, Australian trade and investment minister Simon Birmingham said.

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MERC Rules In Favour Of Adani's Firm, Maharashtra Consumers To Pay More For Electricity

MERC Rules In Favour Of Adani's Firm, Maharashtra Consumers To Pay More For Electricity

The state power regulator Maharashtra Electricity Regulatory Commission (MERC) reversed its earlier order on compensatory tariff. This will help Adani Power Maharashtra Ltd.

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Rane NSK opens new facility for electric power steering at Gujarat

Rane NSK opens new facility for electric power steering at Gujarat

NSK Steering Systems, a Rane Group company that is a joint venture with NSK Japan, opened a new facility for Electric Power Steering (EPS) manufacturing at Ahmedabad, Gujarat today.

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Fuel prices dip again; petrol costs Rs 75.57/litre in Delhi, Rs 81.10/litre in Mumbai

Fuel prices dip again; petrol costs Rs 75.57/litre in Delhi, Rs 81.10/litre in Mumbai

The prices of domestic fuel dipped further on Friday with petrol being sold at Rs 75.57 per litre while diesel at Rs 70.56 per litre in the national capital. In Mumbai, the prices of petrol and diesel are Rs 81.10 per litre and Rs 73.91 per litre respectively.

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Govt to raise target for ethanol blending of petrol

Govt to raise target for ethanol blending of petrol

The government intends to further increase the target level for the Ethanol Blended Petrol (EBP) programme that aims to bring down India's imports of petroleum products, as also provide cleaner fuel,  

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‘Ensuring transparency’ – Allotment of petrol pump sites, CNG stations in Haryana through e-tendering now

‘Ensuring transparency’ – Allotment of petrol pump sites, CNG stations in Haryana through e-tendering now

The Haryana government has decided to allot petrol pump sites as well as CNG and PNG stations through e-tendering to ensure more transparency in the process. “Only the Oil Marketing Companies and CNG and PNG

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Over 70% Indians to get access to city gas connection: PM

Over 70% Indians to get access to city gas connection: PM

More than 70% of India’s population across 400 districts will get access to city gas distribution (CGD) network once the work is completed after the 10th bidding round, Prime Minister Narendra Modi said on Thursday.

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India's Modi targets gas exchange to ease shift from oil

India's Modi targets gas exchange to ease shift from oil

India is working to establish a natural gas trading exchange, its Prime Minister Narendra Modi said on Thursday, as part of a shift away from a reliance on crude oil based products which are blamed for much of the country's pollution problem.

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PM unveils vision for gas-based economy: 10,000 CNG pumps, 2 cr household connections

PM unveils vision for gas-based economy: 10,000 CNG pumps, 2 cr household connections

5,000 compressed bio-gas plants will be set up in five years to convert agri-waste into bio-CNG. New Delhi: Unveiling his vision for transforming India into a gas-based economy, Prime Minister Narendra Modi Thursda

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Donald Trump says enjoy after crude oil prices touch 1-year low

Donald Trump says enjoy after crude oil prices touch 1-year low

After the crude oil prices tumbled to nearly 1-year low, Donald Trump, the President of the United States, has said ‘enjoy’. Brent crude oil prices, on Tuesday, touched a low of $61.71, its lowest since December 2017 while WTI crude made a low of $53.43.

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PM may open Gr Noida metro line on Christmas

PM may open Gr Noida metro line on Christmas

Nearly a year after Prime Minister Narendra Modi came to Noida to inaugurate the Botanical Garden-Kalindi Kunj stretch on December 25, the UP government is hoping to get the PM visit the city again.

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Germany proposes high-speed network between Chennai-Mysore to cut travel time by five hours

Germany proposes high-speed network between Chennai-Mysore to cut travel time by five hours

Travel time between Chennai and Mysore will be cut down by more than five hours by 2030 if the Railway Board approves a plan for a high-speed rail network between the two cities proposed by the German government.

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Mumbai metro corridor: BEML bags Rs 3,015-crore contract

Mumbai metro corridor: BEML bags Rs 3,015-crore contract

State-owned BEML has bagged a contract worth Rs 3,015 crore for the Mumbai Metro corridor. The public sector company was the lowest among seven bidders and will manufacture 378 metro cars for the Mumbai Metro Corridors 2A, 2B and 7.

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Railways Cleared In Centre's Probe Into Amritsar Tragedy That Killed 61

Last month's accident in Amritsar that claimed 61 lives when a train ran over people watching a Dussehra event was caused by the "negligence" and "trespassing" of those standing near the railway tracks, an inquiry by the Chief

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Gurugram gets more low-floor buses under ‘Gurugaman’ scheme

Gurugram gets more low-floor buses under ‘Gurugaman’ scheme

The city got its second batch of 25 low-floor buses under the ‘Gurugaman’ scheme that will ply on the roads from Friday, an official said on Thursday. The buses, as proposed by Gurugram Metropolitan City Bus Ltd.

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Crisil lowers execution forecast for NHAI projects for FY19

Crisil lowers execution forecast for NHAI projects for FY19

Ratings agency Crisil Thursday said it has lowered its execution forecast for NHAI projects for the ongoing fiscal to 3,600–3,800 km from the earlier anticipated 4,300 km.

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Indian Railways unveils swanky new train for IRCTC Buddhist circuit! Check all special features

Indian Railways unveils swanky new train for IRCTC Buddhist circuit! Check all special features

Indian Railways famous Buddhist circuit tourist route has got an all new swanky train that will be put into service from December. Manufactured by the Rail Coach Factory (RCF) in Kapurthala, the special LHB

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