GOOD MORNING INDIA

April 19, 2019, Friday

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

Govt to approve power tariff policy soon: R K Singh

Govt to approve power tariff policy soon: R K Singh

The government will soon approve the power tariff policy which would provide for a penalty for unscheduled power cuts by distribution companies from April 1, Power Minister R K Singh said on Tuesday.

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Cabinet to decide soon on stressed power assets, says RK Singh

Cabinet to decide soon on stressed power assets, says RK Singh

The recommendations of a high-level empowered committee (HLEC) on stressed power assets will be placed before the Cabinet soon for approval, power minister RK Singh said on Tuesday.

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Yogi's poll bonanza: UP power consumers spared 'tariff hike' shock

Yogi's poll bonanza: UP power consumers spared 'tariff hike' shock

Just months before the crucial 2019 Lok Sabha elections, the Uttar Pradesh power consumers have received a poll bonanza of sorts with the power watchdog announcing to keep the power tariffs unchanged for 2018-

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UT Power dept aims to earn Rs 40 cr from regulatory surcharge

UT Power dept aims to earn Rs 40 cr from regulatory surcharge

The UT electricity department is aiming to earn Rs 40 crore from regulatory surcharge in the next financial year. The UT power department would be imposing regulatory surcharge following the directions issued by Joint Electricity Regulatory Commission (JERC).

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Lenders may re-invite bids for Avantha’s Jhabua Power

Lenders may re-invite bids for Avantha’s Jhabua Power

After industrial gases manufacturer Goyal MG Gases failed to honour its commitment as the highest bidder for Avantha group’s Jhabua Power plant, lenders to the company are planning to re-invite bids for the 600-MW thermal power plant in Madhya Pradesh by February 7.

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Government to cancel Azure Power's bid for manufacturing tender: RK Singh

Government to cancel Azure Power's bid for manufacturing tender: RK Singh

The government has decided to cancel the sole bid it had received for its first ever manufacturing-linked solar tender following dissatisfaction with the price quoted by the bidder, power and renewable energy minister RK Singh said.

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Six extensions later, govt cancels sole bid for solar unit, power plant

Six extensions later, govt cancels sole bid for solar unit, power plant

Central government has decided to cancel the lone bid that came for setting up a solar panel manufacturing unit along with a solar power plant. The tender for setting up the solar panel plant for an aggregate capacity of 5 Gw

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India, Mauritius review ties, cooperation in Blue Economy

India, Mauritius review ties, cooperation in Blue Economy

India and Mauritius reviewed the entire gamut of their bilateral ties and discussed ways to further expand cooperation in areas like Blue Economy during a meeting between Prime Minister Narendra Modi

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52 coal mines opened in 5 years to fuel power drive

52 coal mines opened in 5 years to fuel power drive

The Narendra Modi government has opened 52 new coal mines since coming to power in May 2014 to fuel its flagship village and household electrification programmes without tripping the system, officials told TOI.

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ArcelorMittal hits back after Sajjan Jindal supports Ruia's Essar Steel bid

ArcelorMittal hits back after Sajjan Jindal supports Ruia's Essar Steel bid

Hours after JSW Steel Chairman and Managing Director Sajjan Jindal said that the Ruia family should be given a chance to regain control of Essar Steel, ArcelorMittal has hit back.

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Davos 2019: JSW to invest in electric vehicle, says product should be on road in 3 years

Davos 2019: JSW to invest in electric vehicle, says product should be on road in 3 years

Sajjan Jindal, chairman, JSW Group, on Tuesday said the energy of the group will invest in electric vehicle (EV) and the product should be on road in three years.

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IL&FS crisis: Government to seek special dispensation from Reserve Bank

IL&FS crisis: Government to seek special dispensation from Reserve Bank

The government will soon approach the RBI seeking a special dispensation for deferment of provisioning requirements for bank loans extended to some IL&FS group firms amid ongoing efforts to monetise assets of the crisis-hit group, official sources said Tuesday.

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Fuel Prices on a Rise, Petrol Costs Rs 71.27 Per Litre in Delhi, 76.90 Per Litre in Mumbai

Fuel Prices on a Rise, Petrol Costs Rs 71.27 Per Litre in Delhi, 76.90 Per Litre in Mumbai

The petrol prices in the national capital on Wednesday witnessed a rise of 0.13 rupees per litre while diesel became costlier by 0.19 paise per litre. Petrol in Delhi now costs Rs 71.27 per litre while diesel rate touched Rs 65.90 per litre.

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Toxic air: Delhi air quality can improve with BS-VI norms, Ujjwala scheme

Toxic air: Delhi air quality can improve with BS-VI norms, Ujjwala scheme

The new vehicle emission norms (BS-VI) and the Ujjwala Scheme providing LPG connections to women below BPL helped check the rapid decline in the air quality (AQ) of Delhi-NCR, says a study conducted by Automotive Research Association of India

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‘As second largest oil consumer, India can put pressure to ensure a balanced oil price’

‘As second largest oil consumer, India can put pressure to ensure a balanced oil price’

Well we are here. It is a very much a government in action. All three Maharatna company are here and we are trying to see what new thing is happening in the global economy.

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Oil prices extend falls as economic slowdown worries weigh on markets

Oil prices extend falls as economic slowdown worries weigh on markets

Oil prices extended falls from the previous session on Wednesday, as concerns of an economic slowdown weighed on markets. US West Texas Intermediate (WTI) crude futures were at $52.74 per barrel at 0024 GMT, down 27 cents, or 0.5 percent from their last settlement.

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PESO issues 14 licences to distilleries for storage, supply to ethanol to oil

PESO issues 14 licences to distilleries for storage, supply to ethanol to oil

The Petroleum and Explosives Safety Organisation (PESO) has issued 14 licences to distilleries for storage and supply of ethanol to oil companies under the Ethanol Blended Petrol programme of the government, the DIPP said Tuesday.

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Oil price fall will trigger more energy sector M&A in Europe: DEA COO

Oil price fall will trigger more energy sector M&A in Europe: DEA COO

The fall in oil prices will increase pressure for consolidation in the oil and gas industries where scale will help companies to win exploration licences or services partners, Dirk Warzecha, chief operating officer of Germany's DEA said.

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Six months after collapse, Railways opens Gokhale Road Over Bridge

Six months after collapse, Railways opens Gokhale Road Over Bridge

Over six months after a portion of Gokhale Road Over Bridge collapsed on July 3, 2018, Western Railway opened its south carriageway on January 19, spelling relief for motorists.

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Rs 60,000-Crore Project To Link Cauvery And Godavari Rivers Soon, Says Union Minister Nitin Gadkari

Rs 60,000-Crore Project To Link Cauvery And Godavari Rivers Soon, Says Union Minister Nitin Gadkari

A project that will be linking Godavari and Cauvery rivers will be initiated soon in the region, Union Water Resources Minister Nitin Gadkari has announced. This is expected to resolve issues between the four states in the south.

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Search For New ‘Sreedharans’: Delhi-Meerut Rapid Rail Corridor To Get Specialist Team To Oversee Future Construction

Search For New ‘Sreedharans’: Delhi-Meerut Rapid Rail Corridor To Get Specialist Team To Oversee Future Construction

In a major fillip to the Delhi-Meerut Rapid Rail Corridor, the National Capital Region Transport Corporation (NCRTC) has issued a tender for the designation of a group of experts who will oversee future work on the project, reports Financial Express.

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Railways to eliminate last unmanned level crossing ahead of 2020 target

Railways to eliminate last unmanned level crossing ahead of 2020 target

The 173-year-old Indian Railways is set to eliminate its last unmanned level crossings (UMLCs) on broad gauge (BG) network at Bulandshahr in Uttar Pradesh. The Indian Railways had 8,948 UMLCs on its broad gauge network in April 2014.

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Punjab govt asks Centre to start train to mark birth celebrations of Guru Nanak

Punjab govt asks Centre to start train to mark birth celebrations of Guru Nanak

The Punjab Government has urged the Centre to start a regular train service between Delhi and Amritsar to facilitate pilgrims to pay obeisance during the 550th birth anniversary celebrations of Sikhism founder Guru Nanak Dev.

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Govt notifies new dedicated testing track for railways in Rajasthan, gives it status of special project

Govt notifies new dedicated testing track for railways in Rajasthan, gives it status of special project

Soon, the railways will conduct trials of its new trains and technology on a 40-km exclusive testing track in Rajasthan which has now been given the status of a 'special railway project' by the Centre.

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Duqm SEZ: India’s gateway port to Middle East and Africa

Duqm SEZ: India’s gateway port to Middle East and Africa

India should use SEZ Duqm project in Oman as a hub and gateway to reach out to not only to the Gulf nation but also the rest of the Middle East including Africa in an effort to explore and intensify business and economic trade for mutual gains, says the government.

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