GOOD MORNING INDIA

February 23, 2019, Saturday

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

System to provide clean energy to off-grid populations developed

System to provide clean energy to off-grid populations developed

Environment think-tank TERI, in partnership with STEAG Energy Services, has developed a system to provide clean energy to off-grid populations. The containerised hybrid Solar PV solution is expected to generate around 10,000 kWh

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Clear winner: JSW Steel favourite in race for Bhushan Power and Steel as NCLAT rejects Tata plea

Clear winner: JSW Steel favourite in race for Bhushan Power and Steel as NCLAT rejects Tata plea

Paving the way for JSW Steel to take over Bhushan Power and Steel (BPSL), the National Company Law Appellate Tribunal (NCLAT) on Monday dismissed Tata Steel’s objections that lenders had given the Sajjan Jindal

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Indian court rejects Tata Steel’s move to block rival bids for Bhushan Power

Indian court rejects Tata Steel’s move to block rival bids for Bhushan Power

An Indian appeals tribunal has ruled against Tata Steel Ltd’s effort to dismiss rival bids for Bhushan Power and Steel, boosting JSW Steel Ltd’s offer to buy the indebted steel maker.

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Adani Electricity forced to buy power from open market as VIPL plant closed

Adani Electricity forced to buy power from open market as VIPL plant closed

The power generation at the 600 mw plant of Reliance Power arm Vidarbha Industries Power Ltd (VIPL) has come to a stand still since mid January for lack of coal supply from Coal India.

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Tribunal upholds JSW’s bid for Bhushan Power & Steel

Tribunal upholds JSW’s bid for Bhushan Power & Steel

JSW Steel has moved a step closer to acquire Bhushan Power and Steelafter the company law appellate tribunal upheld its Rs 19,700-crore offer. The transaction, when completed, will strengthen JSW’s position as the largest steel

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CERC pushes for 100% power sale in spot market

CERC pushes for 100% power sale in spot market

India proposes to move to the global practice of selling entire power generation through spot market to lower tariffs, promote efficient plants and withstand periodical aberrations that benefit a few plants.

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Tamil Nadu solar energy policy for 2019 sets 9,000 MW as target

Tamil Nadu solar energy policy for 2019 sets 9,000 MW as target

The Tamil Nadu government on Monday unveiled a new solar energy policy 2019 that aims at generating 9,000 MW for the state by 2022. Chief Minister K Palaniswami had announced in June 2018

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Opinion | Can INSTEX unite India, China and EU to bypass US sanctions on Iran?

Opinion | Can INSTEX unite India, China and EU to bypass US sanctions on Iran?

To further strengthen its commitment to the Iran nuclear deal or the Joint Comprehensive Plan of Action (JCPOA), the European Union (EU) has taken a concrete step. To circumvent US sanctions, Iran and the EU had already agreed to set up a separate lega

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Government asks HPCL to acknowledge ONGC as promoter

Government asks HPCL to acknowledge ONGC as promoter

The government has directed Hindustan Petroleum to acknowledge ONGC as a promoter in regulatory filings in a move aimed at ending the year-long slugfest between the two companies that has obstructed synergy gains from the Rs 37,000-crore acquisition deal

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US oil prices edge up on tightening global supply

US oil prices edge up on tightening global supply

US oil prices inched up on Tuesday, buoyed by expectations of tightening global supply amid US sanctions on Venezuela and production cuts led by OPEC.

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PMUY beneficiaries may go back to traditional fuel if LPG rises: IIM-A

PMUY beneficiaries may go back to traditional fuel if LPG rises: IIM-A

While describing the Pradhan Mantri Ujjwala Yojana (PMUY) as one of the largest social intervention schemes executed in the world, an IIM-A working paper on the scheme has warned that increase in LPG price could lead many beneficiaries back to traditional fuel.

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Why oil remains central to India’s twin deficits

Why oil remains central to India’s twin deficits

The Union Budget 2019-20 has expectedly shown a slip in the fiscal deficit, at an estimated 3.4% for the current, as well as the next fiscal year. The breach in the reported deficit numbers has, however, been lower than what many had

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Mega projects worth over Rs.11000 crore to be unveiled by Indian Oil and Paradip Port

Mega projects worth over Rs.11000 crore to be unveiled by Indian Oil and Paradip Port

A slew of mega projects worth over Rs 11,000 crore of Indian Oil and Paradip Port Trust (PPT) will be unveiled on February 6 at Paradip. Union Minister for Petroleum and Natural Gas Dharmendra Pradhan

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Increase in gas prices contributed price growth, says NFL

Increase in gas prices contributed price growth, says NFL

National Fertilizers Limited (NFL) on Monday said increased gas prices contributed in price growth after the company reported a nearly two-fold jump in net profit at Rs 103.92 crore for the December quarter on higher sales, especially of non-urea products.

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Colonial cleanup: Railway Jamadars, Dhobis now Assistants

Colonial cleanup: Railway Jamadars, Dhobis now Assistants

Starting this year, there are no Jamadars in the Railways anymore. Instead, they are now called Assistants. There are no Safaiwalas, either. They are now Housekeeping Assistants. Similarly, there are no more Dhobi

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Metro to operate two routes to airport

Metro to operate two routes to airport

When phase-1 becomes completely operational, commuters can take a direct train from Central Metro to Airport and can travel in two different directions as the Chennai Metro Rail Limited (CMRL)

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Budget support to ease Indian Railways' component crisis

Budget support to ease Indian Railways' component crisis

The record investment proposed in the Interim Budget for railways is a much-desired requirement at a time when the sector is chugging along on its tracks with a lesser number of wheels, axles and wagons.

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Railways may hike passenger fares on specific routes based on demand

Railways may hike passenger fares on specific routes based on demand

The Railways is looking to introduce route-specific tariffs on select stretches while fixing ticket fares, according to officials. If this is finalised, it could be the beginning of a shift in the way train tickets are priced.

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Govt appoints 5 general managers in railways, TP Singh chief of Northern Railway

Govt appoints 5 general managers in railways, TP Singh chief of Northern Railway

The government appointed five general managers in the railways on Monday, according to a Personnel Ministry order. The Appointments Committee of the Cabinet has approved appointments of T P Singh as the general manager of Northern Railway, it said.

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All Hands On Deck For MahaMetro: 19 Km Stretch Of Nagpur Metro To Start Operations By End Of February

All Hands On Deck For MahaMetro: 19 Km Stretch Of Nagpur Metro To Start Operations By End Of February

MahaMetro is racing against time to ensure the opening of two stretches of Nagpur Metro totalling 9 km by the end of February, Times of India (TOI) has reported.

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