GOOD MORNING INDIA

April 20, 2019, Saturday

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

India ramps up spending on coal exploration as it slashes funds for mine safety

India ramps up spending on coal exploration as it slashes funds for mine safety

The Indian government will increase spending on exploration of coal and lignite by 20 percent in the coming financial year but will slash funding for coal mine safety and conservation, according to the budget document released on Frida

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India's solar generation capacity grew over 10 times: Goyal

India's solar generation capacity grew over 10 times: Goyal

Finance Minister Piyush Goyal on Friday said India's installed solar generation capacity has grown over 10 times in the last five years and so has the usage of green technologies, including e-vehicles.

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Expect higher power bills till March

Expect higher power bills till March

Although the electricity department has not proposed a hike in tariff, consumers will see an increase in their bills for the first three months of the new year, owing to periodic fuelpower purchase cost adjustment (FPPCA) charges.

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Gujarat Urja Vikas Nigam, Torrent Power hike fuel surcharge

Gujarat Urja Vikas Nigam, Torrent Power hike fuel surcharge

Citing higher power purchase cost, the Gujarat Urja Vikas Nigam Limited (GUVNL) and Torrent Power hiked the fuel surcharge on electricity for the current quarter. GUVNL hiked the surcharge for Jan-March 2019 by a steep 28 paise to

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Atomic energy department sees decline in budget allocation, department of space gets marginal hike

Atomic energy department sees decline in budget allocation, department of space gets marginal hike

The Department of Space has been given a marginal hike of Rs 338 crore in budget allocation, while the Department of Atomic Energy's allocation declined by Rs 240 crore at a time when the two strategic organisations are executing hig

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Power PSUs' investments to dip 21.87 per cent to Rs 44,000 crore in FY20

Power PSUs' investments to dip 21.87 per cent to Rs 44,000 crore in FY20

The government has reduced the total investment by seven state-run power firms, including NTPC and PowerGrid, by 21.87 per cent to Rs 44,332.81 crore for 2019-20, against the revised estimate of Rs 56,742.49 crore for the current fiscal.

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Steel, cement draw a blank; no ray of hope for solar energy industry

Steel, cement draw a blank; no ray of hope for solar energy industry

The government has failed to consider the long-standing demand of the struggling steel and cement sectors though both will benefit from the enhanced infrastructure spending and thrust on real estate sector.

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Dandi Salt Memorial to power Dandi Salt Memorial

Solar trees to power Dandi Salt Memorial

The National Salt Satyagraha Memorial at Dandi in Navsari district has energy neutral design, only structure of this kind in the country. Forty-one solar trees installed in the complex will produce enough energy to meet its requirement.

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Govt sets up committee to explore prepaid payments by discoms to generator firms

Govt sets up committee to explore prepaid payments by discoms to generator firms

The government has constituted a committee under the Central Electricity Authority (CEA) to explore prepaid payments by state electricity distribution companies to power plants, a government official said.

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Petrol prices inch lower, diesel rates remain steady

Petrol prices inch lower, diesel rates remain steady

Petrol prices edged lower by 10 paise across major cities, while diesel prices remained unchanged for the second straight day on Saturday. In Mumbai, petrol and diesel prices were at Rs 76.47 a litre and Rs 68.81 per litre

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View: Can’t eradicate poverty if 85% oil is imported

View: Can’t eradicate poverty if 85% oil is imported

The interim budget for FY2020 is big on vision and big on delivery. In one stroke, it aims to address the stress in the farming sector, provide social security cover to the unorganised sector, and put more money in the hands of our tax-

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LPG subsidy zooms 63% to ₹32,989 cr for 2019-20

LPG subsidy zooms 63% to ₹32,989 cr for 2019-20

The Centre has earmarked ₹32,989 crore as cooking gas subsidy for the financial year 2019-2020. Of this, ₹29,500 crore is for disbursal under the Direct Benefit Transfer for liquefied petroleum gas (LPG) subsidy.

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Budget 2019: Oil PSUs capex at four-year low

Budget 2019: Oil PSUs capex at four-year low

The interim budget has proposed a capital outlay of Rs 93,639 crore for oil and gas companies for the next financial year (2019-20). This would be the lowest spending done by the state-owned petroleum sector giants combined

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Budget 2019: Anil Agarwal says govt must open up the entire natural resources sector

Budget 2019: Anil Agarwal says govt must open up the entire natural resources sector

With the interim budget for 2019-20 laying emphasis on cutting costly imports of crude oil and natural gas through increased production, Vedanta Resources Executive Chairman Anil Agarwal has said the government must open up the entire natural resources sector for corporates.

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Mumbai: Railways allots funds for CCTV cameras inside coaches

Mumbai: Railways allots funds for CCTV cameras inside coaches

The stampede at Prabhadevi station and partial collapse of Gokhale Bridge in Andheri has had an effect in this year's budget. The General Budget has made heavy provision of funds for construction of footover bridges,

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205 local train services in Mumbai to be stalled for 11 hours on February 2

205 local train services in Mumbai to be stalled for 11 hours on February 2

The administration in Mumbai as well as the Railways is gearing up for the long haul this weekend. The Lower Parel Bridge also called the Delisle Road bridge will finally be dismantled after being shut for traffic since July 2018.

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Modi Government Increases Budget For India’s Northeast By 21 Per Cent To Over Rs 58,000 Crore

Modi Government Increases Budget For India’s Northeast By 21 Per Cent To Over Rs 58,000 Crore

In its sixth and final budget of this term, the Narendra Modi government has increased allocation for India’s Northeast by 21 per cent to nearly Rs 58,000 crore, the Times of India has reported. A substantial part of this allocation

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Railway Budget 2019 Highlights: Indian Railways achieves record, Vande Bharat Express in focus

Railway Budget 2019 Highlights: Indian Railways achieves record, Vande Bharat Express in focus

Railway Budget 2019-20 Highlights: Record Rs 1.58 lakh crore planned expenditure, safest year for Indian Railways, and a Vande Bharat impetus for ‘Make in India’ – Union Finance and Railway Minister Piyush Goyal’s

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