GOOD MORNING INDIA

March 21, 2019, Thursday

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

Indian policy change eases Bangladesh’s electricity import

Indian policy change eases Bangladesh’s electricity import

Bangladesh is going to benefit from an Indian policy revision which has made it easier to import and export electricity from countries other than India using the Indian territory.

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Power department to pay Rs 39 crore interest to consumers

Power department to pay Rs 39 crore interest to consumers

Power consumers across city will get relief in their power bills as the UT electricity department will pay Rs 39.54 crore as intereston their security deposit accumulated over the years. The decision was taken following the directions of Joint Electricity Regularity Commission (JERC).

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Insurance giants say no to Adani Mining's Carmichael project in Australia

Insurance giants say no to Adani Mining's Carmichael project in Australia

Some global insurance companies have decided against providing cover to Adani Mining’s Carmichael project in Australia. According to a report in Asia Insurance Post, an insurance journal, the five reinsurers are AXA

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Coal demand zooms, while supplies struggle to keep pace

Coal demand zooms, while supplies struggle to keep pace

India’s domestic coal supplies will continue to struggle to meet the zooming demand in the next fiscal year too. According to NITI Aayog, the country’s total coal demand will rise to 991.35 million tonne in the current financial year

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Karnataka now number one in renewable energy production

Karnataka now number one in renewable energy production

With 12,640MW in cumulative installed capacity of renewable energy, Karnataka this year became number one state in the country in enhancing its renewable energy capacity. It is the only state to have added 5265.26 MW of installed solar capacity.

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Vedanta Resources draws up $4-billion plan for Electrosteel Steels

Vedanta Resources draws up $4-billion plan for Electrosteel Steels

Diversified metals and mining major Vedanta Resources plans to pump about $4 billion into newly acquired Electrosteel Steels to scale up its capacity from the existing 1.5 million tonne per annum to 7 mtpa in the coming years.

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Local EV makers drive ecosystem for green mobility in Telangana

Local EV makers drive ecosystem for green mobility in Telangana

Even as the Telangana government hunts for that one big name in the electric vehicle (EV) space that can help fire up the EV ecosystem in the state, many local players are revving up their game to cater to the growing demand for green mobility.

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Pan-India clean air programme set to roll out with Rs 300 crore initial support and a mid-term target

Pan-India clean air programme set to roll out with Rs 300 crore initial support and a mid-term target

The Centre has earmarked Rs 300 crore for implementation of the upcoming National Clean Air Programme (NCAP) for financial year 2018-19 and 2019-20. Overall cost of taking multiple air pollution abatement measures in 102 cities

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Fuel prices remain unchanged, diesel lowest since March, check December 26 rates

Fuel prices remain unchanged, diesel lowest since March, check December 26 rates

After a dip in prices on two consecutive days, petrol remained unchanged on Wednesday. Diesel prices remained unchanged for two days in a row and is now retailing at lowest since March this year.

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Vedanta too big to have a family succession plan’

Vedanta too big to have a family succession plan’

Anil Agarwal, the executive chairman and founder of over $18 billion Vedanta Group, on Tuesday again indicated that her son Agnivesh or daughter Priya may not head the group.

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Indian diesel armada heads toward Europe as Asia proves glutted

Indian diesel armada heads toward Europe as Asia proves glutted

A diesel glut in Asia is encouraging traders of the fuel to ramp up cargoes from India to Europe, where stockpiles were ravaged by refinery halts and unusual weather earlier this year.

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Hassel Free release of LPG connections under PMUY

Hassel Free release of LPG connections under PMUY

MOPNG, Govt. of India introduced ‘Pradhan Mantri Ujjwala Yojana’ (PMUY) for which budgetary provision of Rs.12,800 crore has been provided for releasing 5 Crores LPG connections to women member of BPL

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Iran crude vital for sustaining balance in oil trade, says IOC Chairman

Iran crude vital for sustaining balance in oil trade, says IOC Chairman

Iranian crude in global market is extremely important for sustaining a balance in oil trade, believes Sanjiv Singh, Chairman, Indian Oil Corporation Ltd. India is one of the largest consumers of crude oil and Iran has been one of the key suppliers.

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Rewind 2018: High cost of fuel, finance dent auto sector's fortunes

Rewind 2018: High cost of fuel, finance dent auto sector's fortunes

After a robust first half, auto companies saw softening of sales from August, primarily due to high fuel prices and cost of finance. Even steep discounts and attractive offers did little to attract buyers.

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Mumbai e-way to come into Delhi; Manesar to get closer

Mumbai e-way to come into Delhi; Manesar to get closer

The upcoming Delhi-Mumbai Expressway will be extended up to Ring Road near DND flyway as NHAI has approved the plan to build a six-lane, access-controlled road from the Western Peripheral Expressway

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Delhi Metro Completes 16 Years: From 8 Km-Long Humble Beginnings To Right Along Side Shanghai And Beijing

Delhi Metro Completes 16 Years: From 8 Km-Long Humble Beginnings To Right Along Side Shanghai And Beijing

The Delhi Metro, one of the world’s largest metro networks has completed 16 years since inauguration, reports India Today. Inaugurated by the then Prime Minister, Atal Bihari Vajpayee, along with the then

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IRCTC Incredible North East tour package! Check price here

IRCTC's Incredible North East Air Package offers a trip to the most enchanting regions in the north-east part of the country. The 7 days/6 nights tour will cover destinations like Guwahati, Kaziranga, Shillong and Cherrapunji.

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Not so eco-friendly: AMC launches diesel-run train at Kankaria Carnival

Not so eco-friendly: AMC launches diesel-run train at Kankaria Carnival

Against tall claims of eco-friendly vehicles, the civic body has bought diesel-run replica of the bullet train. The train was dedicated by Chief Minister Vijay Rupani on the first day of the 11th edition of the Kankaria Carnival.

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Western Railway's new yellow device to detect faults in a moving train

Western Railway's new yellow device to detect faults in a moving train

Travelling on trains on the Mumbai-Ahmedabad/Delhi route can be safer. The Western Railway, in a bid to improve safety on tracks, has installed a train mapping device for the first time.

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Tirupati station revamp gets a boost from National Highways Authority of India

Tirupati station revamp gets a boost from National Highways Authority of India

In a major step towards redevelopment of Tirupati railway station, a part of Madanapalle- Naidupet section of NH-71, which runs close to it, is all set to be de-notified by the Union Ministry of Road Transport and Highways.

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Additional coaches provided for key trains

Additional coaches provided for key trains

In order to provide additional travelling capacity for passengers, the South Central Railway (SCR) plans on temporarily augmenting the Nanded-Mumbai-Nanded Tapovan Express as well as some other trains with additional coaches, an official release said on Tuesday.

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ICRA maintains stable year-end outlook for power, road sectors

ICRA maintains stable year-end outlook for power, road sectors

Rating agency ICRA has announced it will maintain a stable year-end outlook for two major infrastructure sectors — roads and power.

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