GOOD MORNING INDIA

May 22, 2019, Wednesday

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

CERC relief sends NTPC, Power Grid shares soaring

CERC relief sends NTPC, Power Grid shares soaring

Shares of NTPC Ltd and Power Grid Corp. of India Ltd gained 1.7% and 3.7% on Monday after the sector regulator proposed continuation of current incentives. In a positive surprise, the draft note from the Central Electricity Regulatory Commission

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Discom upgrades infra to boost power supply

Discom upgrades infra to boost power supply

Discom DHBVN is installing 21 more high capacity transformers across the city to enhance the capacity of power infrastructure in Gurugram. Officials said they recently concluded the survey and now would install transformers based

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Firms say discom charging hefty bills

Firms say discom charging hefty bills

City industrialists have complained that discom DHBVN is levying “unfair and heavy” charges on them, and demanded changes in the existing rules.

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Essar Steel Asia says SC order no bar on its offer

Essar Steel Asia says SC order no bar on its offer

Essar Steel Asia Holdings (ESAHL) argued on Monday that the Supreme Court’s October order does not bar the National Company Law Tribunal or the Essar Steel lenders from considering the settlement offer proposed by it ‘for and on behalf of Essar Steel’.

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Power Minister opens substation in Chamba

Power Minister opens substation in Chamba

Himachal Pradesh Power Minister Anil Sharma inaugurated a 33/220-KV substation on Sunday. The substation has been constructed by HP Power Transmission Corporation Ltd (HPPTCL) at Karian in the district at a cost of Rs 40 crore.

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NPCIL's Kaiga Unit-1 creates world record for continuous operation

NPCIL's Kaiga Unit-1 creates world record for continuous operation

A 220-MW unit of Nuclear Power Corporation of India's Kaiga Atomic Power Station has created a world record for continuous operation for 941 days, state-run BHEL, which supplied equipment for the unit, said Monday.

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CPCB directs enforcement authorities to address pollution-related complaints within 24 hours

CPCB directs enforcement authorities to address pollution-related complaints within 24 hours

The Central Pollution Control Board has sent notices to various enforcement authorities, directing them to address complaints on pollution-related activities within 24 hours of their receipt and submit weekly report on the action taken.

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Imported, domestic coal supply swap in the works to cut costs

Imported, domestic coal supply swap in the works to cut costs

The Centre is considering a proposal to encourage power plants in remote areas to mostly use domestic coal while allowing plants closer to ports to use imported coal, interchanging their current sources of fuel to reduce cost of

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Coal demand will remain steady through 2023, International Energy Agency says

Coal demand will remain steady through 2023, International Energy Agency says

Coal consumption is expanding after two years of decline, but miners should brace for another period of sluggish growth, according to the International Energy Agency.

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Cabinet approves MoU between India & France in new and renewable energy

Cabinet approves MoU between India & France in new and renewable energy

The Union Cabinet was on Monday apprised of a Memorandum of Understanding, which has been signed between the Solar Energy Corporation of India Limited (SECI), India and Commissariat a l energieatomique et aux energies

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Fuel prices see marginal rise, check December 18 rates here

Fuel prices see marginal rise, check December 18 rates here

Fuel saw a marginal rise in prices on Monday with petrol retailing at Rs 70.63 per litre and diesel at Rs 64.54 per litre in the national capital, respectively. In Mumbai, petrol and diesel were being sold at Rs 76.25 per litre and 67.55 per litre, respectively.

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ONGC's $1.7bn deep sea award perks up oilfield services mkt

ONGC's $1.7bn deep sea award perks up oilfield services mkt

ONGC's $1.7-billion work package, one of the biggest deep sea contracts offered in recent years, for its largest offshore block has perked up a listless global oilfield services industry and is likely to see fabrication of crucial underwater kits in the country for the first time.

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Indian Oil Corporation Has Enough Headroom To Absorb Buyback, Dividend Payout, Fitch Says

Indian Oil Corporation Has Enough Headroom To Absorb Buyback, Dividend Payout, Fitch Says

State-owned Indian Oil Corporation Ltd.’s current credit has enough headroom to absorb higher leverage arising from a planned Rs 11,000 crore share buyback and interim dividend payout, Fitch Ratings said on Monday.

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ONGC, OIL spend Rs 13,000 cr on 115 discoveries govt took away from them: Dharmendra Pradhan

ONGC, OIL spend Rs 13,000 cr on 115 discoveries govt took away from them: Dharmendra Pradhan

State-owned Oil and Natural Gas Corp (ONGC) and Oil India LtdNSE 0.88 % (OIL) spent over Rs 13,000 crore on 115 oil and gas discoveries which were taken away from them by the government for auctioning to private companies,

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CCEA approves extending Ujjwala LPG scheme to all poor households

CCEA approves extending Ujjwala LPG scheme to all poor households

The government on Monday extended Ujjwala Yojana of providing free cooking gas (LPG) connections to all poor households. The scheme, launched in 2016, originally targeted giving LPG connections to women members of below the poverty line (BPL) households.

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Centre approves new 4-lane bridge across river Ganga on NH-19 at Patna

Centre approves new 4-lane bridge across river Ganga on NH-19 at Patna

The Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi here on Monday has approved the construction of a new four-lane bridge with a cost of Rs 2,926.42 crore, parallel to the existing MG Setu, across the Ganga River on NH-19 at Patna.

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Mumbai: Commuters root for separate body to man local train services

Mumbai: Commuters root for separate body to man local train services

At a gathering held on Saturday, railway commuters unanimously backed the decision for a separate body to head and run Mumbai's local trains. The demand for this resurfaced with the suburban rail network expanding again

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Land acquisition, cost overrun hurt Railways’ track plan

Land acquisition, cost overrun hurt Railways’ track plan

Land acquisition and cost overun have derailed Indian Railways’ plan to have all newly laid tracks compatible to run trains at 160 kmph, with zonal railways seeking relaxation of norms.

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Haryana CM approves new rail line from Panipat

Haryana CM approves new rail line from Panipat

Haryana Chief Minister Manohar Lal has accorded approval to the proposal of establishing a 95 kilometers new rail line from Panipat to Asaoti in Palwal via Rohtak-Jhajjar-Farukhnagar-Patli-Manesar-Sohna rail route bypassing Delhi.

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Big news for Delhi-NCR! Delhi-Alwar rapid rail transit Phase-1 corridor approved; how it will benefit

Big news for Delhi-NCR! Delhi-Alwar rapid rail transit Phase-1 corridor approved; how it will benefit

Delhi-Alwar rapid rail transit corridor: Great news for the citizens of Delhi and Haryana! The National Capital Region Transport Corporation (NCRTC) board has approved the project proposal for a part of the Delhi – Alwar rapid rail transit system (RRTS) corridor recently.

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IL&FS puts road assets on the block

IL&FS puts road assets on the block

The government-appointed board of directors of debt-laden IL&FS is going to seek expressions of interest for its subsidiary IL&FS Transportation Networks’ (ITNL) domestic road assets.

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YESTERDAY'S HEADLINES

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