GOOD MORNING INDIA

July 19, 2019, Friday

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

Consumers to oppose MSEDCL power tariff hike

Consumers to oppose MSEDCL power tariff hike

Maharashtra Chamber of Commerce, Industry and Agriculture (MACCIA) and Electricity Consumers and Industrial Organizations Co-ordination Committee (ECIOCO) have organized a meeting of their members at Mumbai on Monday

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Reliance Power net profit down 33 per cent to Rs 188 crore in third quarter

Reliance Power net profit down 33 per cent to Rs 188 crore in third quarter

Private sector power generator Reliance Power Ltd today posted a 32.8 per cent slump in net profit for the quarter ended December 2018.

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‘Resolution of private sector stress may take longer than expected’

‘Resolution of private sector stress may take longer than expected’

Maintaining a stable-to-negative outlook on the power sector for FY20, India Ratings and Research (Ind-Ra) has observed that resolution of private sector stress may take longer than expected.

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Power tariff to get dearer by 50-60 paise as green norms for coal use get tighter

Power tariff to get dearer by 50-60 paise as green norms for coal use get tighter

Electricity tariffs across the country are expected to increase by at least 50 to 60 paise per unit in the wake of implementation of tighter environment protection norms as sought by the Union ministry of environment and forests (MoEF).

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Power theft runs out of power in Bengaluru

Power theft runs out of power in Bengaluru

In the last 12 months, there has been a significant drop in the number of cognisable cases of power theft and misuse, registered in the city by Bangalore Electricity Supply Company Ltd (BESCOM).

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Coal India reports 8% increase in supplies to power sector

Coal India reports 8% increase in supplies to power sector

Coal India Limited has supplied 389.63 million tonne of coal to the power sector during current year (up to January 22, 2019) registering a growth of 8 per cent over the same period last year.

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Anil Agarwal keen to bring company that owns De Beers to India

Anil Agarwal keen to bring company that owns De Beers to India

After stunning the world by becoming the single-largest shareholder in one of the world's best-known mining groups mining mogul Anil Agarwal is keen to bring South Africa-based Anglo American to India for prospecting of coal, iron ore, copper and other minerals.

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Solar, renewable power to drive India’s future capacity addition as coal remains in a dark place

Solar, renewable power to drive India’s future capacity addition as coal remains in a dark place

Most of India’s new power generation capacity in future will be from renewable energy sources, as investments in thermal power capacity remain sluggish and availability of coal continues to be a challenge, India Ratings said in a report.

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Gujarat finds solar tariffs high, cancels auction

Gujarat finds solar tariffs high, cancels auction

The Gujarat government has cancelled the solar auction for 700 MW it held in December on the grounds that the winning tariffs reached were too high.

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New and renewable energy contributed a lot to save environment : Kangar

New and renewable energy contributed a lot to save environment : Kangar

Punjab Power, New and Renewable Energy Sources Minister Gurpreet Singh Kangar today said that new and renewable energy is playing an important role in saving the environment and keeping this in mind, the state government

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Leap Green Energy to set up wind power plant in TN

Leap Green Energy to set up wind power plant in TN

Leap Green Energy, one of the largest independent power producers in Tamil Nadu, Thursday said it plans to invest Rs 1,700 crore for setting up a wind power plant in the state.

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Can bring in EVs into India quickly if policy framework is clear: Kia Motors

Can bring in EVs into India quickly if policy framework is clear: Kia Motors

South Korean auto maker Kia Motors has the ability to drive in electric vehicles into the Indian market "very quickly" provided there is some clarity on the policy framework, a senior company official said.

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Rs 15,431 deal: SBI pushes back sale of Essar Steel exposure

Rs 15,431 deal: SBI pushes back sale of Essar Steel exposure

State Bank of India on Thursday pushed back the sale of its Rs 15,431 crore exposure to Essar Steel India on full-cash basis to February 11, against the earlier scheduled auction date of January 30.

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Focus on climate change: Oil producers told to curb natural gas flaring from fields

Focus on climate change: Oil producers told to curb natural gas flaring from fields

India is aiming to halve the natural gas flaring from its oilfields in a year to curb waste of energy and damage to the environment. The Directorate General of Hydrocarbons (DGH), the upstream regulator,

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GAIL moves NCLT opposing Alok Industries resolution plan

GAIL moves NCLT opposing Alok Industries resolution plan

Gail India has filed an application before the National Company Law Tribunal, opposing a resolution plan that Reliance Industries has proposed in partnership with JM Financial Asset Reconstruction Company for Alok Industries.

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Gujarat State Petroleum Corporation's loss-making spree continues

Gujarat State Petroleum Corporation's loss-making spree continues

The Gujarat State Petroleum Corporation may have gotten rid of the albatross around its neck, its KG block project which cost it thousands of crores of rupees, but its financial woes are far from over.

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PM to dedicate refinery complex to nation

PM to dedicate refinery complex to nation

Prime Minister Narendra Modi will dedicate Bharat Petroleum Corporation’s Integrated Refinery Expansion Complex to the nation at Kochi Refinery on Sunday at 2.30 p.m.

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Tripura gets Rs 20 crore boost from ONGC to become open defecation free

Tripura gets Rs 20 crore boost from ONGC to become open defecation free

Oil and Natural Gas Corporation (ONGC) extended their support to Tripura government in making the state open defecation free.

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Adani Group may get controlling stake in Mundra LNG terminal

Adani Group may get controlling stake in Mundra LNG terminal

Gujarat may offer an additional 50% stake in Gujarat State Petroleum Corp. (GSPC) LNG Ltd to Adani Group, which already holds a 25% stake in the company, after Indian Oil Corp. Ltd

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Anil Agarwal reveals plans for Vedanta's future investments in India

Anil Agarwal reveals plans for Vedanta's future investments in India

We expect within 30 days, some order will come on Goa mines, Anil Agarwal, Chairman, Vedanta Group, tells ET Now. The group will invest $3 billion in oil and gas. The rest will be invested in Sterlite and also a gas plant, says Agarwal.

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Aban Offshore bags order to deploy 2 jack-up rings from ONGC

Aban Offshore bags order to deploy 2 jack-up rings from ONGC

Aban Offshore on Thursday said that a letter of award has been received for the deployment of jack-up rigs Aban-III and Aban-IV from ONGC for a firm period of three years each. The deployment is expected to commence during the financial year 2019-20.

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Fuel bunks to be run by prisoners

Fuel bunks to be run by prisoners

The Indian Oil Corporation in collaboration with jail authorities will soon set up five petrol stations near prisons across Tamil Nadu which would be operated by prisoners whose conduct has been found satisfactory, DIG Prisons (Madurai) Palani said Thursday.

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India's December oil output falls 4.3 pct y/y

India's December oil output falls 4.3 pct y/y

India's crude oil production in December fell 4.3 percent from a year earlier to about 2.86 million tonnes, while natural gas output was up 4.2 percent at 2.87 billion cubic metres, provisional data issued by the government showed on

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Mumbai: Metro Rail works may affect power supply on Saturday

Mumbai: Metro Rail works may affect power supply on Saturday

There are chances that power supplied to people residing between Andheri (W) and Dahisar (E) could get affected on Saturday night. This is because of the work on the Metro line-2A between Dahisar (E)

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With Purvanchal Expressway Already Under Construction, Yogi Government Races Against Time To Begin Work On Bundelkhand Expressway

With Purvanchal Expressway Already Under Construction, Yogi Government Races Against Time To Begin Work On Bundelkhand Expressway

The Bhartiya Janta Party (BJP) government in Uttar Pradesh (UP) led by Chief Minister Yogi Adityanath is racing against time to lay the foundation stone of the proposed Bundelkhand Expressway

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Train18 ready for launch: Railway officials

Train18 ready for launch: Railway officials

Prime Minister Narendra Modi will flag off the Indian Railways’s ambitious Train18 in a week, as the train sets have got their final clearance from the Electrical Inspector to the Government (EIG) following three days of rigorous inspection.

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Signalling system of Indian Railways is symbol of trust: Kashinath

Signalling system of Indian Railways is symbol of trust: Kashinath

Railway Board Director General ( Signal Engineering and Telecommunications) N Kashinath on Thursday stressed that Signalling system of Indian Railways is symbol of Trust.

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Nitin Gadkari to Launch Six-Lane Highway Project to Curb Traffic in Delhi

Nitin Gadkari to Launch Six-Lane Highway Project to Curb Traffic in Delhi

Road Transport and Highways Minister Nitin Gadkari will on Saturday lay the foundation stone for a new highway project to decongest Delhi by connecting the city with the Eastern Peripheral Expressway.

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