GOOD MORNING INDIA

July 19, 2019, Friday

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

SECI floats fresh, smaller manufacturing-linked solar tender

SECI floats fresh, smaller manufacturing-linked solar tender

The government has floated a fresh manufacturing-linked solar tender with a smaller ticket size and fewer obligations after a previous attempt through a 10 GW auction fell flat. The cap on tariffs, which played a spoilsport in several

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Coal India to raise about Rs 1,065 crore by selling shares to arms

Coal India to raise about Rs 1,065 crore by selling shares to arms

State-owned CIL will raise about Rs 1,065 crore by selling shares to its subsidiaries MCL, SECL and NCL, according to a filing. The three arms have in their separate board meetings have decided to buy back portion of their

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NCLT turns down Essar Steel promoters’ plea for settlement plan

NCLT turns down Essar Steel promoters’ plea for settlement plan

In a major setback to the Ruia family, the Ahmedabad bankruptcy court today turned down Essar Steel Asia Holdings Ltd’ (ESAHL) bid to regain control over the bankruptcy ridden Essar Steel.

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It's advantage ArcelorMittal, as NCLT rejects Essar Steel promoters' plea to repay debt

It's advantage ArcelorMittal, as NCLT rejects Essar Steel promoters' plea to repay debt

In a blow to the Ruias and their hope to retain crown jewel Essar Steel, the National Company Law Tribunal (NCLT) has rejected the promoters' plea to repay debt of the company. The NCLT reportedly said there is no illegality in banks not accepting the plan of Essar Steel's promoters.

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Timely NCLT resolutions can release Rs 67,000 crore to lenders

Timely NCLT resolutions can release Rs 67,000 crore to lenders

While the number of insolvency cases are expected to pile up over the next few quarters, timely conclusion of cases within the law mandated 180-270 days can free up as much as Rs 67,000 crore to the system, says a report.

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NTPC to synchronise 800 Mw unit of Darlipalli thermal power plant by March

NTPC to synchronise 800 Mw unit of Darlipalli thermal power plant by March

NTPC Ltd, the country's largest power generating utility plans to synchronise the 800 Mw unit of its 1600 Mw super thermal power station at Darlipalli, near Sundargarh, by March 2019.

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Unused thermal capacity, rising green power may cool spot energy prices

Unused thermal capacity, rising green power may cool spot energy prices

High spot energy prices are unlikely to sustain in the medium terms as unutilised thermal power capacity and a spike in generation from renewable sources will weigh on.

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Fight Climate Change by Fighting for Cheaper Clean Energy

Fight Climate Change by Fighting for Cheaper Clean Energy

Mitigating climate change is easy. We need only make it more expensive to emit greenhouse gases. Unfortunately, that would also make energy more expensive, and many people would prefer that governments make energy less expensive.

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India Cuts Size Of Biggest Solar Tender To A Third After Tepid Response

India Cuts Size Of Biggest Solar Tender To A Third After Tepid Response

India has reduced the size of the tender aimed at boosting local manufacturing of solar modules to less than a third as it received only a single bid.

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Fuel prices steady for 2nd straight day, petrol at Rs 76.82/litre in Mumbai

Fuel prices steady for 2nd straight day, petrol at Rs 76.82/litre in Mumbai

Fuel prices remained steady for a second straight session on Wednesday. Petrol and diesel rates were at Rs 76.82 a litre and Rs 69 per litre, respectively in Mumbai.

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Oil stable as economic outlook weighs, Venezuela concerns support

Oil stable as economic outlook weighs, Venezuela concerns support

Oil prices were stable on Tuesday, pressured by a cloudy outlook for the global economy but supported by worries over disruptions to supply from US sanctions on Venezuelan exports.

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Bring gas and petroleum sector under the GST ambit, says Bhuwan Chandra Tripathi

Bring gas and petroleum sector under the GST ambit, says Bhuwan Chandra Tripathi

Bhuwan Chandra Tripathi, chairman & MD, GAIL (India) Ltd, spoke about the volatility in crude prices, growth and expansion plans of GAIL in an interview with Swati Khandelwal of Zee Business on the sidelines of the World Economic Forum, Davos.

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India’s crude oil imports from Iran dropped 63% in December, 53% jump in shipments from Saudi Arabia

India’s crude oil imports from Iran dropped 63% in December, 53% jump in shipments from Saudi Arabia

India’s crude oil imports from Iran dropped 63 per cent to 0.86 Million Tonne in December, the lowest recorded in calendar year 2018, fresh data sourced from Directorate General of Commerce Intelligence and Statistics (DGCIS) showed.

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Indian Oil may report net loss of Rs 3,730 crore for third quarter on inventory loss

Indian Oil may report net loss of Rs 3,730 crore for third quarter on inventory loss

Indian Oil Corporation (IOC), the country’s largest fuel retailer, may report a net loss of Rs 3,730 crore for the third quarter ended December 2018 on the back of significant inventory loss due to a sharp fall in crude and product prices

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U.S. oil moves against Venezuela, Citgo are illegal: Russia

U.S. oil moves against Venezuela, Citgo are illegal: Russia

Russia's foreign ministry says U.S. sanctions on Venezuela's state oil firm, PDVSA, violate international law. PDVSA is the parent company of Citgo, which owns refineries and gas stations across the United States.

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Tight purse strings to shrink Metro stations

Tight purse strings to shrink Metro stations

The stations to be constructed on the east-west corridor of Lucknow Metrowould be smaller in size as compared to the stations of the north-south corridor. Also, the elevated tracks would be built on single pillars using lightweight technique.

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Indian Railways to pack new AC locals with power & comfort

Indian Railways to pack new AC locals with power & comfort

With more AC locals lined up for the city, the research and design wing of Indian Railways is working on improving the speed and comfort inside the rakes.

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Fact Check: New name of Train 18 is not Vande Mataram Express

Fact Check: New name of Train 18 is not Vande Mataram Express

Facebook post on the recent renaming of Train 18 -- the Indian Railways' fastest engineless train -- is doing the rounds on social media. According to the claim, Prime Minister Narendra Modi said that the train is called

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Kochi Metro Rail to commemorate Martyrs’ Day on Wednesday

Kochi Metro Rail to commemorate Martyrs’ Day on Wednesday

Kochi Metro Rail Limited (KMRL) in association with Gandhi Peace Foundation will commemorate the Martyrs’ Day, on Wednesday at Kacheripady. Students of various schools and colleges in Kochi city will attend the event.

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Noida Metro’s Aqua Line Off To Solid Start: 11,625 Commuters Between Sector 51–Greater Noida Bus Depot On Day 1

Noida Metro’s Aqua Line Off To Solid Start: 11,625 Commuters Between Sector 51–Greater Noida Bus Depot On Day 1

The Noida Metro's Aqua Line connecting Noida and Greater Noida saw a footfall of 11,625 on the stretch connecting Noida’s Sector 51 and Greater Noida’s Bus Depot metro stations on the first day of operations, reports Financial Express.

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