GOOD MORNING INDIA

May 26, 2019, Sunday

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

Decade-long experience in sector gives company an edge over others: Azure CEO

Decade-long experience in sector gives company an edge over others: Azure CEO

India’s first large-scale manufacturing linked solar tender which was poorly received by most industry players, made ‘economic sense’ to Azure Power, the sole bidder for the tender.

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India to offset falling coal imports from China

India to offset falling coal imports from China

With China likely to see a decline in coal imports due to higher domestic production, India, Brazil and Southeast Asia is expected to boost growth in coal demand, a Bloomberg survey showed

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SC Coal block allocation decision Impact on Nagpur : Padmesh Gupta

SC Coal block allocation decision Impact on Nagpur : Padmesh Gupta

Nagpur, is famous for its oranges & soya wine, but apart from this, Nagpur city has carved a niche in energy production as well. It is main coal producing district of the country.

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CIL hits back at Gulf Oil Lubricants for dragging its subsidiary to NCLT

CIL hits back at Gulf Oil Lubricants for dragging its subsidiary to NCLT

After After obtaining a stay order from the National Company Law Appellate Tribunal (NCLAT) over initiation of insolvency proceedings against its subsidiary - Eastern Coalfields (ECL) – the mother company, C

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NFL takes Rs 1,044 cr loan from SBI for energy efficiency projects

NFL takes Rs 1,044 cr loan from SBI for energy efficiency projects

State-owned fertiliser firm NFL said Monday it has taken a Rs 1,044-crore loan from SBI to finance energy efficiency projects at its plants. In a filing to the BSE, NFL said it has "singed rupee loan agreement with SBI

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India Revises Solar Auction Plans As Tariffs Beat Thermal Power Prices

India Revises Solar Auction Plans As Tariffs Beat Thermal Power Prices

The Indian government has been forced to cancel 12 gigawatts of solar power auctions due to a sharp decline in solar power tariff bids. This may seem counter-intuitive, but this capacity was to be supplied along with thermal power from coal-based power plants.

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MAHAGENCO Invites EoI for a 10 MW Floating Solar Project

MAHAGENCO Invites EoI for a 10 MW Floating Solar Project

The Maharashtra State Power Generation Company (MAHAGENCO) has invited an expression of interest (EoI) to set up a 10 MW grid-connected floating solar project at the Upper Vaitarna reservoir in Nashik district.

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Magenta Power joins hands with HPCL for e-vehicle charging

Magenta Power joins hands with HPCL for e-vehicle charging

Magenta Power, a rooftop solar developer that earlier this year ventured into electric vehicles charging space, has announced installing an EV charging station under its brand “ChargeGrid” at the HPCL staff colony in Chembur, Mumbai.

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SEBI may probe auditors for role in IL&FS crisis: Sources

SEBI may probe auditors for role in IL&FS crisis: Sources

A decade since the Satyam scam unfolded, a development that resulted in serious consequences for its auditor PricewaterhouseCoopers (PwC), the remaining three of the famous Big 4 accounting firms quartet could find

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Delhi's air quality remains 'severe' for the fourth consecutive day

Delhi's air quality remains 'severe' for the fourth consecutive day

Delhi's air quality remained in the 'severe' category for the fourth consecutive day on Tuesday, despite authorities imposing a three-day ban on industrial and construction activities across Delhi-NCR.

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Oil hub of Eastern India, PM Modi’s dream for Odisha

Oil hub of Eastern India, PM Modi’s dream for Odisha

Prime Minister Narendra Modi, who unveiled a slew of projects worth over Rs 14,500 crore in the State on Monday, said his Government is fully committed to Odisha’s overall development.

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Petroleum price spike and crash: The crisis that wasn’t

Petroleum price spike and crash: The crisis that wasn’t

Low oil prices were the biggest economic windfall for the Narendra Modi led NDA government when it assumed office in May, 2014. The average price of India’s crude oil basket (COB) fell from $106/barrel to $46/barrel between 2013-14 and 2015-16.

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Oil prices may stay steady next year

Oil prices may stay steady next year

Though global crude prices have come down by almost one third after reaching its peak in October, it is likely to rise moderately from the current levels due to an expected cut in output by the Organisation of the Petroleum Exporting

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LNG plant in Gujarat: Milestones unmet, Nikhil Merchant’s Swan asks govt oil firms to ease norms

LNG plant in Gujarat: Milestones unmet, Nikhil Merchant’s Swan asks govt oil firms to ease norms

Rejected once and unable to meet key milestones, including financial closure, even 17 months after deadline, Swan Energy Ltd, promoted by influential Gujarat businessman Nikhil Merchant, has asked state-run oil companies to give him a fourth extension.

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Indian Oil Corporation Ltd conducts roadshow on compressed biogas

Indian Oil Corporation Ltd conducts roadshow on compressed biogas

Explaining that the Compressed Bio Gas (CBS) has multiple benefits such as generating additional revenue source to farmers and boosting entrepreneurship and rural economy, the Indian Oil Corporation Ltd (IOCL) held a roadshow in the city on Sunday.

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India's crude oil production declines 3.5% in November 2018

India's crude oil production declines 3.5% in November 2018

Crude oil production dips 3.5% in April-November 2018 India's crude oil production declined 3.5% to 2.78 million tonnes (mt) in November 2018 over November 2017. Crude oil output of ONGC fell 5.0% to 1.71 mt, while that of Oil India declined 2.4% to 0.27 mt.

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After lacklustre response, NHAI to go for rebidding of second TOT bundle

After lacklustre response, NHAI to go for rebidding of second TOT bundle

The Union road transport ministry is planning to opt for a rebidding of the second bundle of road projects under the toll, operate, transfer (TOT) model after the highest bid received for the projects from Cube Highways at Rs 4,612

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Christmas and New year gifts on Mumbai's only AC local train; no fare hike until Apr 24

Christmas and New year gifts on Mumbai's only AC local train; no fare hike until Apr 24

People travelling in the first air conditioned suburban local train on the Western Railway line will now get Christmas and New Year gifts. As the AC local completes a year on December 25, the Indian Railways have decided to extend the discounted fares at least for another 4 months.

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Goods train derail: Busy railway line made operational with Army's help

Goods train derail: Busy railway line made operational with Army's help

The Army's 4th Infantry Division helped in the removal of the wagons, derailed two days ago in Uttar Pradesh, and made a busy railway line operational on Monday, an official said.

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Railways to lose investment guarantee from World Bank due to IRFC IPO

Railways to lose investment guarantee from World Bank due to IRFC IPO

The decision by the department of investment and public asset management (Dipam) to go for an initial public offering of Indian Railway Finance Corporation (IRFC) has put paid to the Indian Railways’ (IR’s) chances of getting an investment guarantee from the World Bank.

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Indian Company Starts Formal Operations at Chabahar's Shahid Behesti Port

Indian Company Starts Formal Operations at Chabahar's Shahid Behesti Port

India Ports Global Limited has taken over operations at the Shaheed Behesti port at Chabahar, India's Ministry of External Affairs said after the first meeting of the follow-up committee for implementation of the trilateral Chabahar

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On Chabahar Port, India, Afghanistan, Iran Agree On Trade, Transit Routes

On Chabahar Port, India, Afghanistan, Iran Agree On Trade, Transit Routes

A crucial trilateral meeting of officials from India, Afghanistan and Iran on the strategically-important Chabahar port was held on Monday during which they agreed on the routes for trade and transit corridors between the three countries.

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YESTERDAY'S HEADLINES

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