GOOD MORNING INDIA

May 22, 2019, Wednesday

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

POWERGRID Jabalpur Transmission Limited successfully commissions ‘Transmission System Strengthening associated with Vindhyachal-V’

POWERGRID Jabalpur Transmission Limited successfully commissions ‘Transmission System Strengthening associated with Vindhyachal-V’

POWERGRID Jabalpur Transmission Limited, a 100% wholly owned subsidiary of Power Grid Corporation of India Limited, secured though Tariff Based Competitive Bidding (TBCB), has successfully commissioned the Vindhyachal Pooling Station

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Stranded power units may get imported gas at subsidised rates

Stranded power units may get imported gas at subsidised rates

The government is working on a Rs 18,000-crore subsidy scheme under which it proposes to offer imported gas at subsidised rates to stranded and underutilised power projects.

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Power sector NPAs a class of their own

Power sector NPAs a class of their own

The cases of as many as 34 financially stressed power projects, with a capacity of 40 GW and with bank exposure of over Rs 1.8 lakh crore, are reportedly headed to the National Company Law Tribunal (NCLT) for resolution under the Bankruptcy Code.

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BEST extends 677 MW PPA with Tata Power for next five years

BEST extends 677 MW PPA with Tata Power for next five years

The Maharashtra Electricity Regulatory Commission has allowed Brihanmumbai Electric Supply and Transport Undertaking to extend its existing 676.69 MW power purchase agreement with Tata Power for another 5 years.

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Despite all its woes, power sector set for a brighter 2019

Despite all its woes, power sector set for a brighter 2019

India’s thermal power sector has seen a turbulent 2018. While the industry continues to face challenges on all fronts — including drop in the price of renewable energy, shortage in coal supply and inability of State distribution

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Niti Aayog for liberalising mineral mining policy to cut imports

Niti Aayog for liberalising mineral mining policy to cut imports

The government is considering liberalising the exploration and licensing regime for mineral exploration in India to attract big-ticket private investment in the sector.

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Winter chill bring down energy demand, prices soften: Ind-Ra

Winter chill bring down energy demand, prices soften: Ind-Ra

Short-term power prices declined to Rs 3.59/kilowatt hour (kWh) in November compared to the last two months and increased marginally from Rs 3.55/kWh in November 2017.

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Coal India supplies 25 mt more coal to power sector

Coal India supplies 25 mt more coal to power sector

Coal India Limited (CIL) on Wednesday said dry fossil fuel supplies increased by 7.6 per cent to 358.86 million tonne (mt) to thermal power plants (TPPs) of the country during April-December period of the current fiscal,

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Mitsubishi Electric is backing India’s push for solar-powered irrigation systems. Here’s how.

Mitsubishi Electric is backing India’s push for solar-powered irrigation systems. Here’s how.

The Indian government is taking concrete steps to reduce reliance on diesel and electric irrigation pumps for agricultural activities, and is pushing for solar-powered systems, which can lower costs and generate additional income for farmers.

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NCLT allows Sarda Energy to bid for Impex Metal

NCLT allows Sarda Energy to bid for Impex Metal

Troubled steel maker Impex Metal and Ferro Alloys is set to get a second life with National Company Law Tribunal (NCLT) deciding not to pursue liquidation of the company as being contemplated.

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Fuel Prices: Check January 3 rates in your city here

Fuel Prices: Check January 3 rates in your city here

Petrol and diesel prices remained unchanged on Thursday after the continuous downward trend in the prices on plunging crude oil rates. While the petrol was retailing at Rs 68.65 per litre in the national capital, Diesel was being sold at 62.66 per litre.

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PSU oil firms stop absorbing government-mandated cut on fuel prices

PSU oil firms stop absorbing government-mandated cut on fuel prices

State-owned fuel retailers have stopped absorbing government-mandated cut of 1 rupee on a litre of fuel petrol or diesel in their marketing margins after a steep drop in global oil prices, reported Reuters.

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IOCL hopeful of Iranian investment in CPCL refinery

IOCL hopeful of Iranian investment in CPCL refinery

Despite the United States’ economic sanctions on Iran, India’s largest oil marketing company Indian Oil Corporation (IOCL) is hopeful that the gulf nation will participate in the expansion of Chennai Petroleum Corporation’s (CPCL)

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Hindustan Petroleum confirms Indian oil firms stop taking margin hit on fuel sales

Hindustan Petroleum confirms Indian oil firms stop taking margin hit on fuel sales

Indian state-owned fuel retailers have stopped absorbing a government-mandated cut of 1 rupee (0.014 U.S. cents) a liter in their marketing margins on the sale of petrol and diesel due to a steep fall in global oil prices, said M K Surana,

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Oil PSUs sign pact with IIT-Bombay to set up centre of excellence

Oil PSUs sign pact with IIT-Bombay to set up centre of excellence

India's seven bluechip oil firms including IOC and ONGC Wednesday signed an agreement with IIT-Bombay to set up a Centre of Excellence in Oil, Gas and Energy.

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PM Modi’s Ujjwala helps LPG coverage expand to 90% household

PM Modi’s Ujjwala helps LPG coverage expand to 90% household

LPG overage has risen from 55% of households in 2014 to 90%, an increase of 63%, primarily on the back of rapid rollout of ‘Ujjwala’ – one of Modi government’s flagship energy plans for changing the quality of life of the poor.

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ONGC to reconsider govt's demand to list OVL

ONGC to reconsider govt's demand to list OVL

Oil and Natural Gas Corp Ltd will reconsider the government's demand that it list ONGC Videsh Ltd, its overseas exploration subsidiary, Shashi Shanker, chairman and managing director of the company said on Wednesday.

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Suburban rail cost up by Rs 25,000 crore, decision today

Suburban rail cost up by Rs 25,000 crore, decision today

Setting the stage for implementation of the long-pending suburban rail project, the cost for which has now gone up to Rs 19,500 crore from Rs 17,000 crore, chief secretary TM Vijaya Bhaskar on Wednesday met railway officials to review the project.

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Indian Railways to start Train 18 ahead of Kumbh Mela, PMO nod awaited

The Indian Railways is set to begin the commercial run of India’s fastest train, Train 18, before the commencement of Kumbh Mela on January 14. News agency PTI quoted sources as saying that the train will also be used to ferry

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3 track fractures hit commuters after Christmas holidays

3 track fractures hit commuters after Christmas holidays

Central Railway trains ran late during peak hours on Wednesday morning after two track fractures on the main line and one on the trans-harbour route. It affected many commuters who were resuming office after Christmas vacations.

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NHAI mulls Toll-Operate-Transfer rebid after poor response

NHAI mulls Toll-Operate-Transfer rebid after poor response

National Highways Authority of India (NHAI) is considering putting the second package of Toll-Operate-Transfer (TOT) for rebid after tepid response, which may impact the sale of subsequent TOT packages.

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Railways to build India's first vertical lift bridge! Watch video here

Railways to build India's first vertical lift bridge! Watch video here

Not a lot of people know that just like London Tower Bridge, India also has movable bridge called the Pamban Bridge. The 104-year-old British era bridge connects Rameswaram in Tamil Nadu to India.

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As dense fog blankets Delhi, 12 trains delayed due to low visibility

As dense fog blankets Delhi, 12 trains delayed due to low visibility

Dense fog in Delhi severely affected railway operations as 12 trains were delayed due to low visibility. Some prominent trains including Puri-New Delhi Purushottam Express, Howrah-New Delhi Poorva Express, Bhagalpur-Anand Vihar

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YESTERDAY'S HEADLINES

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