GOOD MORNING INDIA

March 25, 2019, Monday

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

Expedite GST on energy: PMO

Expedite GST on energy: PMO

The Prime Minister’s Office has asked nodal ministries to speed up efforts to bring all states on board for the inclusion of oil, natural gas, electricity and coal under the ambit of the goods and service tax (GST).

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5,950 MW hydro projects stalled, policy for revival on the cards

5,950 MW hydro projects stalled, policy for revival on the cards

As many as 16 hydro power projects of 5,950 MW capacity are stalled due to financial constraints and other reasons, which may prompt the government to bring in a hydro policy at the earliest.

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Electricity sharing norms: India, Nepal take welcome small steps, but the sector needs a giant leap

While the energy sector remains a prominent enabler of India-Nepal trade ties, the establishments on both sides often do not give it its due. It is a fact that most India-led power projects in Nepal are not faring in the spirit that they were set up in.

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BHEL commissions 800 MW supercritical thermal plant in Telangana in record time

BHEL commissions 800 MW supercritical thermal plant in Telangana in record time

Bharat Heavy Electricals Limited (BHEL) has commissioned a 800 MW thermal power unit within a record time of 46 months for Kothagudem Thermal Power Station of Telangana State Power Generation Corporation.

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Amidst stagnant prices, Coal India to auction another 30 mt of coal in Q4

Amidst stagnant prices, Coal India to auction another 30 mt of coal in Q4

Coal India is expected to put another 25-30 million tonne (mt) of coal under the hammer in the ongoing fiscal quarter. This is after e-auction volumes dipped following the decision to pump in more coal to the power sector via fuel supply agreements.

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CIL meets only 30% capex plan amid coal shortage

CIL meets only 30% capex plan amid coal shortage

While the country is being forced to import coal and domestic power plants run on low stocks, Coal India Ltd (CIL) has been able to spend just 30% of its capital expenditure plans for the year till November, report submitted by the company to the coal ministry shows.

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CIL boost for wagon firms

CIL boost for wagon firms

Private wagon manufacturers are upbeat about demand improving with Coal India Limited (CIL) renewing efforts to procure its own wagons.

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Another mining mishap in Meghalaya, 2 dead

Another mining mishap in Meghalaya, 2 dead

In another instance of illegal rat hole mining in Meghalaya two miners were killed in East Jaintia hills. This has come at time when a multi agency rescue team is making efforts to rescue 15 miners trapped trapped inside a mine since December 13.

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All water supply schemes in Maharashtra to run on solar power: CM

All water supply schemes in Maharashtra to run on solar power: CM

Chief minister Devendra Fadnavis has announced that all rural water supply schemes will be supplied solar energy so that Maharashtra State Electricity Distribution Co Ltd (MSEDCL) doesn’t disconnect them for non-payment of power bills.

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PTC India begins process to find investor for wind energy business

PTC India begins process to find investor for wind energy business

PTC India Ltd has initiated a formal process to find a strategic investor for its wind power business, two people aware of the development said, adding the country’s largest electricity trader has already reached out to various investors.

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Fuel prices rise again; petrol at Rs 74.16/litre in Mumbai

Fuel prices rise again; petrol at Rs 74.16/litre in Mumbai

Fuel prices went up for the first time since December 17 on Monday, with the petrol and diesel rising across the major cities by 21-22 paise and 8 paise, respectively. In Mumbai, petrol and diesel prices were at Rs 74.16 per litre and Rs 65.12 per litre, respectively.

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Oil prices rise more than 1% on trade talks, supply cuts

Oil prices rise more than 1% on trade talks, supply cuts

Oil prices started the week strongly on Monday, lifted by optimism that talks would soon resolve the trade war between the United States and China, while supply cuts by major producers also supported the market.

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ONGC to invest Rs 6000 Crore in drilling 200 developmental wells in Assam

ONGC to invest Rs 6000 Crore in drilling 200 developmental wells in Assam

ONGC would be investing about Rs.6,000 crore in drilling 200 developmental Wells across in Sivasagar and Charaideo districts of Assam. S K Moitra, Director (Onshore), ONGC, on his maiden visit to ONGC Assam

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Try diverting gas from non-core sectors to stuck power units: Panel

Try diverting gas from non-core sectors to stuck power units: Panel

The government should explore diverting domestic gas allocation from non-core sectors to stranded gas-based power plants, a parliamentary panel has suggested, while asking the government to spell out the action taken against those

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Every $10 per barrel hike in oil price raises CPI by 0.49%, says study

Every $10 per barrel hike in oil price raises CPI by 0.49%, says study

For every $10 per barrel increase in oil price, inflation in India rises by about 49 basis points (bps), or pushes up the fiscal deficit by 43 bps, if the government decides to absorb the entire price shock, according to a staff study of the Reserve Bank of India (RBI).

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Government to launch delayed second round of oil block auction

Government to launch delayed second round of oil block auction

After months of delay, India will Monday launch the second auction of 14 blocks for prospecting of oil and gas in an attempt to raise domestic output to cut imports. Officials said the Open Acreage Licensing Policy (OALP) bid round-I

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Haryana: Railway vendors asked to give bills or free food

Haryana: Railway vendors asked to give bills or free food

Under its drive to keep a check on overpriced food, The Ambala division of Indian Railways has directed railway vendors to display price list of food items and give bill to customers.

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New Metro coaches leave for Nagpur

New Metro coaches leave for Nagpur

The six Metro coaches, which have been manufactured by China Railway Rolling Stock Corporation (CRRC), left Chennai port for the city on Saturday. They were shipped from China to Chennai.

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N Rlwys issues guidelines on food items

N Rlwys issues guidelines on food items

With a view to overcoming passenger woes related to the poor quality of food items, along with overcharging on daily food items being sold at different food stalls and trolleys inside the railway station premises, the Northern Railways

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Pune: Railways to build 1,200-km wall to stop trespassing on tracks

Pune: Railways to build 1,200-km wall to stop trespassing on tracks

The Pune Division of Indian Railways has planned to construct 1,200-km-long wall to prevent trespassing and encroachment on its land and property. The wall will cost at least Rs 700 crore, and the project was approved by the Railway Board Engineering in November last year.

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Don’t miss your Indian Railways train! Soon, passengers will have to check-in 20 minutes before departure

Don’t miss your Indian Railways train! Soon, passengers will have to check-in 20 minutes before departure

Indian Railways passengers, take note! This new security step by Indian Railways means you will have to arrive at the railway station at least 20 minutes before the train’s departure!

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