GOOD MORNING INDIA

March 21, 2019, Thursday

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

Former IL&FS chief declares Rs 99-crore movable assets

Former IL&FS chief declares Rs 99-crore movable assets

The Serious Fraud Investigation Office’s (SFIO) probes have revealed that the former officials of IL&FS had amassed multiple immovable properties and crores of movable properties. Former chairman Ravi Parthasarath

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Four IL&FS arms to be divested in the next few weeks

Four IL&FS arms to be divested in the next few weeks

The newly constituted Board of Infrastructure Leasing & Financial Services (IL&FS) Ltd is in the process of evaluating and initiating divestment of four more subsidiaries in the coming weeks. Meanwhile, the crisis-hit lender has already

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India’s Bhutan hydel project ready

India’s Bhutan hydel project ready

India is expected to commission a major hydropower project in Bhutan in the coming weeks, Foreign Secretary Vijay Gokhale said on Tuesday. Delivering a speech on India-Bhutan relations, the top diplomat said cooperation in the hydropower sector

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Notice To Adani Electricity Over Reports Of Inflated Power Bill

Notice To Adani Electricity Over Reports Of Inflated Power Bill

Taking cognisance of the media reports about the consumers complaints on sudden tariff hikes in the city, state electricity regulator MERC has slapped a notice to Adani Electricity seeking explanation from the firm.

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Maharashtra Electricity Regulatory Commission asks Adani Electricity about pricey current

Maharashtra Electricity Regulatory Commission asks Adani Electricity about pricey current

With both, the BJP and Congress trading charges over spurt in electricity bills recovered by Adani Electricity, the Maharashtra Electricity Regulatory Commission (MERC) has sought explanation from the latter regarding media reports in this regard.

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Centre to move policy to promote hydro power with units of 10 Gw capacity

Centre to move policy to promote hydro power with units of 10 Gw capacity

Hydro power in India is likely to see a boost with projects of close to 10 Gw to either restart or commence construction. Along with this, the Centre is moving a policy for promoting hydro power, which aims at reducing the cost of construction.

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MERC Gives Adani 24 Hrs to Explain Electricity Bill Hike in Mumbai

MERC Gives Adani 24 Hrs to Explain Electricity Bill Hike in Mumbai

The Maharashtra Electricity Regulation Commission (MERC) on Tuesday, 4 December, took cognisance of the media reports highlighting an excessive hike in electricity bills in Mumbai, after business tycoon Gautam Adani’s Adani

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Delhi HC asks for original files of CBI probe in coal import over-pricing

Delhi HC asks for original files of CBI probe in coal import over-pricing

The Delhi High Court on Tuesday directed the Central Bureau of Investigation (CBI) to bring the original record and investigation files related to the preliminary enquiry (PE) and case registered against the alleged 'artificial over-pricing'

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Fuel prices remain steady, check December 5 prices here

Fuel prices remain steady, check December 5 prices here

Fuel prices remained steady on Wednesday with petrol retailing at Rs 71.72 per litre and diesel at Rs 66.39 per litre. In Mumbai, petrol and diesel were being sold at Rs 77.29 per litre and 69.48 per litre, respectively. I

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Petrol, diesel to get cheaper in Delhi

Petrol, diesel to get cheaper in Delhi

Petrol and diesel prices are likely to drop again in Delhi compared to adjoining cities of Uttar Pradesh, The ad valorem tax structure will lead to a bigger reduction in daily prices in the national capital.

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Oil prices slide on swelling US supply, global market slump

Oil prices slide on swelling US supply, global market slump

Oil prices fell 1 percent on Wednesday, weighed down by swelling U.S. inventories and a plunge in global stock markets amid concerns over an economic slowdown. U.S. West Texas Intermediate (WTI) crude futures were at $52.61

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Why Qatar has left OPEC, and how the decision will impact oil prices, India

Why Qatar has left OPEC, and how the decision will impact oil prices, India

Qatar — among the world’s smallest countries by area and the richest in terms of per capita gross national income ($128,000 or Rs 90 lakh, according to World Bank figures) — announced Monday it was walking away from OPEC

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MNGL threatens to stop bus gas supply

MNGL threatens to stop bus gas supply

Maharashtra Natural Gas Limited (MNGL) has threatened to withhold CNG supply to Pune Mahanagar Parivahan Mahamandal Limited (PMPML) over pending dues. The move could affect thousands of commuters that depend on public transport buses on a daily basis.

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Truckers and their great northern hunt for cheaper fuel

Truckers and their great northern hunt for cheaper fuel

Petrol pumps in northern States have turned meeting grounds for the truckers’ fraternity as they stand in serpentine queues to fill fuel-tanks to the brim. Many of them have replaced their standard tanks and attached larger capacity ones

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Replacing imported LNG with domestic gas can save ₹23,000 cr in fertiliser subsidy: FAI

Replacing imported LNG with domestic gas can save ₹23,000 cr in fertiliser subsidy: FAI

Reassigning priority to the fertiliser industry in domestic gas allocation may help the government save up to ₹23,000 crore in fertiliser subsidy, the Fertiliser Association of India (FAI) has said

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Indian Oil Corp issues five-year tanker tender to import Iraqi oil: document

Indian Oil Corp issues five-year tanker tender to import Iraqi oil: document

India’s top refiner, Indian Oil Corp (IOC), has issued a global tender to charter scrubber-fitted oil tankers for at least five years to import Iraqi oil, a tender document seen by Reuters showed.

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Railways bonanza for female travellers: More reserved seats in Rajdhani, other AC trains

Railways bonanza for female travellers: More reserved seats in Rajdhani, other AC trains

The Indian Railways has decided to reserve six more berths in AC-3 tier of Rajdhani, Duranto and other fully air-conditioned trains except for the Garib Rath Express.

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Nitin Gadkari: Ring Road to be opened on January 30

Nitin Gadkari: Ring Road to be opened on January 30

Nitin Gadkari has announced that much-awaited will be opened for public on January 30, 2018. During a press conference in Jaipur, Gadkari said, “Ring road will be inaugurated on January 30.”

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Fog hits schedules of 15 trains

Fog hits schedules of 15 trains

As many as 15 trains to and from the south-eastern parts of the country continued to arrived late by several hours in the city railway station due to dense fog in the early morning and late evening hours over the Northern Railways route,

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Greater Noida Authority approves phase 2 of Aqua Line

Greater Noida Authority approves phase 2 of Aqua Line

This news would bring cheer to residents of Greater Noida West. The Greater Noida Industrial Development Authority (GNIDA) on December 4 approved the second phase of the Metro link from Noida Sector 71 to Knowledge

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NFR: Need for clarity on role, power of executing agencies

NFR: Need for clarity on role, power of executing agencies

Indian Railways’ share of non-fare revenue (NFR) earned, as a percentage of total revenue, is around 5%, and is much lower than the 10-20% NFR earned by global railway companies or organizations.

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Beside being fast, comfortable, Train 18 to also be fire-proof

Beside being fast, comfortable, Train 18 to also be fire-proof

Train 18, developed indigenously by the Integral Coach Factory (ICF), offers not only a fast and comfortable mode of transport. The engineless train also provides safety to passengers as its coaches are fitted with fire-resistance fibre composites.

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