GOOD MORNING INDIA

February 23, 2019, Saturday

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

GERC nod to solar power supply by salt pan workers

GERC nod to solar power supply by salt pan workers

Setting the stage for salt pan workers to supply solar power and make some extra money, Gujarat Electricity Regulatory Commission (GERC) has permitted Gujarat Urja Vikas Nigam Ltd (GUVNL) to procure 2.7 MW solar power

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Supreme Court stays pollution penalties on NTPC

Supreme Court stays pollution penalties on NTPC

The Supreme Court has stayed the National Green Tribunal’s hefty fines on power producer NTPC for not fully utilising ash generated from its thermal projects and asked the tribunal to hear the company’s reasons before taking action.

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Essel seals pact, gets time till September

Essel seals pact, gets time till September

The Essel Group said on Sunday that it has sealed a formal agreement with its lenders to keep it afloat, under which it gets time till September to deleverage or pare its debt.

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Sanjay Singal makes one last bid for Bhushan Power

Sanjay Singal makes one last bid for Bhushan Power

Bhushan Power & Steel’s promoter, Sanjay Singal, has unveiled a last-minute bid to save his company from going under the hammer by offering creditors a proposal to repay their entire dues of Rs 47,151 crore.

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TNERC proposes marginally lower solar tariff

TNERC proposes marginally lower solar tariff

The Tamil Nadu Electricity Regulatory Commission (TNERC) has proposed solar tariff of ₹3.04 per unit without accelerated depreciation benefit for the financial year 2019-20, marginally lower than the ₹3.11 per unit set last year.

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Tangedco told to pay over ₹2,000 cr. dues to NLCIL

Tangedco told to pay over ₹2,000 cr. dues to NLCIL

The Appellate Tribunal for Electricity (Aptel) has directed the Tamil Nadu Generation and Distribution Corporation Ltd. (Tangedco) to pay dues of over ₹2,000 crore to NLC India Ltd. for transfer of lignite to certain power proje

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For first time, Ladakh’s two main projects to generate electricity up to full capacity

For first time, Ladakh’s two main projects to generate electricity up to full capacity

With the commissioning of Srinagar-Drass-Kargil-Khaltsi-Leh Transmission Line by the Prime Minister Narendra Modi today, two main projects of the National Hydroelectric Power Corporation (NHPC) in Ladakh region will start

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Despite opposition, J&K inks pact with NHPC to execute 850 MW Rattle power project

Despite opposition, J&K inks pact with NHPC to execute 850 MW Rattle power project

Starting the process to set up another joint venture company between the national hydroelectric power corporation (NHPC) and the Jammu and Kashmir power development corporation (PDC) for execution of Rattle hydroelectric

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Petrol prices fall further, diesel remains unchanged for 4th day

Petrol prices fall further, diesel remains unchanged for 4th day

Petrol prices edged lower by 10 paise in Mumbai, New Delhi, and Kolkata and by 11 paise in Chennai, while diesel prices remained unchanged for the fourth day on Monday. In Mumbai, petrol and diesel prices were at Rs 76.37 a litre

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India may breach 3.3% fiscal deficit target as oil prices rise: Moody's

India may breach 3.3% fiscal deficit target as oil prices rise: Moody's

Credit rating agency Moody's Investors Service today said there are risks of India breaching the 3.3 per cent fiscal deficit target for the current financial year as higher oil prices will add to short-term fiscal pressures.

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Oil prices slip, but tightening supply outlook supports

Oil prices slip, but tightening supply outlook supports

Crude oil prices slipped on Monday after gains of about 3 per cent in the previous session, but they were buoyed by expectations of tightening supply and signs that China-US trade tensions could ease.

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Govt’s risky bet on high-cost funds may fuel price rise

Govt’s risky bet on high-cost funds may fuel price rise

The central government is betting on a risky strategy of relying on high-cost funds even as it keeps its fingers crossed that a benign credit environment will help it reduce debt after the next fiscal year. It hopes only a little over half of its

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ONGC refuses to share documents about buried pipelines at Surat airport

ONGC refuses to share documents about buried pipelines at Surat airport

Oil and Natural Gas Corporation (ONGC) has refused to share documents relating to sour gas pipelines passing beneath the Surat airport’s surface under section 8 (1)(d) of Right to Information (RTI) Act.

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Oil prices: How Donald Trump Plays Havoc With OPEC Policy

Oil prices: How Donald Trump Plays Havoc With OPEC Policy

If timing is everything, why does OPEC seem to keep getting it so wrong? The group’s 2019 oil output cuts got off to a flying start in January and they’re going to get bigger, just as U.S. sanctions on Venezuela start to bite.

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Modi govt cuts capital expenditure by oil PSUs; spending drops to 4-year low in 2019-20

Modi govt cuts capital expenditure by oil PSUs; spending drops to 4-year low in 2019-20

State-owned oil firms’ capital expenditure has hit a four-year low with PSUs such as ONGC and IOC planning to invest Rs 93,693 crore in oil and gas exploration, refining and petrochemicals in the 2019-20 fiscal year.

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WR to deploy GPS-based system to monitor tracks

WR to deploy GPS-based system to monitor tracks

The coach that will house the new GPS-based track monitoring system In a first, the Western Railway is set to deploy a GPS-based oscillation monitoring system (OMS) to accurately monitor tracks on the Indian Railways

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Mumbai: Lights, camera, demolish... Lower Parel's Delisle Bridge

Mumbai: Lights, camera, demolish... Lower Parel's Delisle Bridge

The Indian Railways wants to remember the intervening night of February 2 and 3, when it brought down a crucial bridge in the heart of the city and filmed the process — in one of the toughest teardowns in the railways' history.

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Railways’ East Central Zone notorious for train accidents

Railways’ East Central Zone notorious for train accidents

East Central Zone of the Indian Railways, where 11 coaches of the Seemanchal Express (Jogbani-Anand Vihar) derailed on Sunday, is notorious for accidents.

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Delhi Metro: Dilshad Garden To New Bus Adda Corridor To Be Inspected By CMRS

Delhi Metro: Dilshad Garden To New Bus Adda Corridor To Be Inspected By CMRS

The 9.41 km long Dilshad Garden to New Bus Adda section of Delhi Metro’s Red Line will be inspected by the Commissioner for Metro Rail Safety (CMRS) on 5 February (Tuesday).

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SCR to improve freight loading capacity at Krishnapatnam port

SCR to improve freight loading capacity at Krishnapatnam port

Plans are afoot to ramp up the freight loading capacity of South Central Railway (SCR) at Krishnapatnam port, a major private deep water port in Nellore district.

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