GOOD MORNING INDIA

January 23, 2019, Wednesday

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

Power Ministry recommends Maharatna status to Power Grid

Power Ministry recommends Maharatna status to Power Grid

The power ministry has recommended ‘maharatna’ status for Power Grid Corp of India Ltd (PGCIL), the country’s largest power transmission company, according to an official.

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Government of Andhra Pradesh signs MoU with Adani Group

Government of Andhra Pradesh signs MoU with Adani Group

In a development that will boost the country’s technology infrastructure and vitalize the concept of green data centers, the Government of Andhra Pradesh (GoAP) on Thursday signed a MoU with the Adani Group

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Consumers can pay 'time of day tariff' with installation of smart meters: R K Singh

Consumers can pay 'time of day tariff' with installation of smart meters: R K Singh

Consumers can pay 'time of the day tariff' -- higher charges during peak hours and lesser amount during other times -- once smart electricity meters are installed across the country, Power Minister R K Singh said Wednesday.

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Uday scheme: Modi government may miss target due to states’ non-compliance

Uday scheme: Modi government may miss target due to states’ non-compliance

With the chances of meeting the UDAY target to limit the aggregate technical and commercial (AT&C) losses of electricity distribution companies (discoms) to under 15% by FY19-end virtually nil, the government has cited factors such as inadequate hikes in power tariffs,

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Adani to win 3 out of 7 power projects under Samadhan scheme

Adani to win 3 out of 7 power projects under Samadhan scheme

Lenders to seven troubled power projects are close to resolving loans totalling over ₹74,000 crore outside the bankruptcy framework, including by selling three of the companies to Adani Group.

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50,000 smart meters installed in NDMC area

50,000 smart meters installed in NDMC area

Energy Efficiency Services Ltd (EESL), the energy services company under the Union Ministry of Power, has announced the completion of the project to replace 50,000 conventional electricity meters with smart meters in the New Delhi Municipal Council (NDMC) area.

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Adani Group may pick 51% lenders' stake in TN's power firm Coastal Energen

Adani Group may pick 51% lenders' stake in TN's power firm Coastal Energen

The Adani Group has joined the race to buy the 51 per cent stake in Coastal Energen owned by Indian lenders. The lenders took majority control in the Tamil Nadu-based company after it failed to repay its Rs 6,000 crore debt.

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BBMP and KPCL to set up waste-to-energy plant

BBMP and KPCL to set up waste-to-energy plant

The Bruhat Bengaluru Mahanagara Palike (BBMP) has decided to establish its own waste-to-energy plant in Bidadi with Karnataka Power Corporation Limited (KPCL), for which the former recently signed a Memorandum of Understanding (MoU) with the latter.

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Termites may help extract clean energy from coal: Study

Termites may help extract clean energy from coal: Study

Termites may hold the key to transforming coal -- a big polluting chunk of the global energy supply -- into cleaner energy for the world, according to a study. The study, published in the journal Energy and Fuels

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Tata, JSW enter race for IL&FS’ renewable energy

Tata, JSW enter race for IL&FS’ renewable energy

Tata Power, Torrent, JSW Energy, Greenko, Sterlite Power and Statcraft are among the 15-plus applicants who have submitted their expressions of interest (EoIs) for IL&FS group’s renewable energy assets worth Rs 8,000 crore — the second largest vertical after roads.

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Fuel prices gain after 2-day break, petrol at Rs 74.53/litre in Mumbai

Fuel prices gain after 2-day break, petrol at Rs 74.53/litre in Mumbai

Petrol prices edged higher after a 2-day halt across all major cities. In Mumbai, petrol and diesel prices were at Rs 74.53 per litre and Rs 65.43 per litre, respectively.

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India's Torrent Power seeks 5 LNG cargoes for 2019 - sources

India's Torrent Power seeks 5 LNG cargoes for 2019 - sources

India's Torrent Power is seeking five liquefied natural gas (LNG) cargoes for delivery in 2019, two industry sources said. The utility company is seeking cargoes for delivery over February, May, July, October and December, one of the sources said.

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Shell buys Total out of Hazira in quest of bigger India LNG market pie

Shell buys Total out of Hazira in quest of bigger India LNG market pie

Royal Dutch Shellon Wednesday said it has acquired French oil major Total SA's 26% stake in the venture for importing gas in ships at Gujarat’s Hazira, a move many see as the green shoot of consolidation in the expanding Indian gas market.

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GAIL India may throw lifeline to Matix Fertilizers and Chemicals

GAIL India may throw lifeline to Matix Fertilizers and Chemicals

Matix Fertilizers and Chemicals is banking on GAIL India’s Pradhan Mantri Urja Ganga pipeline for restarting its idle coal-bed methane-fired fertiliser plant in West Bengal and escape insolvency resolution.

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Oil companies offer additional 23,946 petrol pump dealerships across 5 states

Oil companies offer additional 23,946 petrol pump dealerships across 5 states

India's three oil marketing companies (OMCs) have invited applications for setting up fuel retail outlets at 23,946 locations in Rajashtan, Madhya Pradesh, Telangana, Chhattisgarh and Mizoram.

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IOC bullish on producing fuel from CO2 in 3 years

IOC bullish on producing fuel from CO2 in 3 years

India’s biggest oil refiner, Indian Oil Corporation, is “extremely confident” that it will be able to produce transportation fuels and highly valuable Omega-3 fatty acids from carbon dioxide, the company’s Director (R&D), Dr SSV Ramakumarthe, told Business Line.

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H-Energy plans Rs 3,700 cr investment for LNG project in West Bengal

H-Energy plans Rs 3,700 cr investment for LNG project in West Bengal

H-Energy has lined up an investment of Rs 3,700 crore to set up a 3-million tonne (mt) regasification plant and a pipeline in West Bengal which will carry gas not just in Bengal but will also export to Bangladesh.

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West Bengal holds Rs 50,000 crore shale gas hope but with riders

West Bengal holds Rs 50,000 crore shale gas hope but with riders

Shale gas may turn as a boon to West Bengal's investment map with a potential of Rs 50,000 crore over the next several years but proper regulatory framework, environmental or social factors needs to be handled properly.

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Oil dips on swelling US supply, but mood generally upbeat on trade hopes

Oil dips on swelling US supply, but mood generally upbeat on trade hopes

Oil prices dipped on Thursday on swelling US supply, although the mood in global markets was increasingly confident amid hopes the United States and China may soon end trade disputes that have undermined global economic growth

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Airport-like security check at railway stations is easier said than done

Airport-like security check at railway stations is easier said than done

With the announcement that select railway stations across the country will have airport-like security checks soon, Bhopal DRM office will have its hands full.

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Cyclone Gaza: Railway Ministry extends free transportation of relief material to affected areas

Cyclone Gaza: Railway Ministry extends free transportation of relief material to affected areas

Ministry of Railways has decided to extend free transportation of relief material to affected areas by 15 days from January 8 in solidarity with the people of Tamil Nadu affected by Cyclone 'Gaja'.

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Train-18 under procedural evaluation, says Railways

Train-18 under procedural evaluation, says Railways

The railway ministry on Wednesday described as factually incorrect and speculative in nature a report that the indigenously built trainset, the Train-18, is stuck due to a bitter departmental fight within the Railways.

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Train 18's launch now held up by an interdepartmental fight at the Indian Railways

Train 18's launch now held up by an interdepartmental fight at the Indian Railways

The country will have to wait longer for its first engine-less semi-high speed train. The indigenously-built Train 18, which was set to be launched on December 25, has reportedly been delayed yet again due to an interdepartmental

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Theft of blankets and sheets on trains: Indian Railways steps up collecting bedrolls 30 minutes before arrival

Theft of blankets and sheets on trains: Indian Railways steps up collecting bedrolls 30 minutes before arrival

Theft of bedrolls on Indian Railways trains: Suffering losses on account of stolen blankets and sheets, Indian Railways has instructed its staff to start collecting bedrolls from passengers around 30 minutes before the train reaches its destination.

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Train 18, Indian Railways fastest train, to have Gatimaan-style elaborate menu; space to be made for more food

Train 18, Indian Railways fastest train, to have Gatimaan-style elaborate menu; space to be made for more food

Train 18, Indian Railways’ fastest engine-less train, will offer passengers multiple food options in an elaborate menu. Sources in IRCTC told Financial Express Online that a Gatimaan Express-style menu is being considered for Train 18.

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