GOOD MORNING INDIA

March 25, 2019, Monday

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

SunPower seeking partner for its solar panel making business

SunPower seeking partner for its solar panel making business

SunPower Corp is seeking a strategic partner for its solar panel manufacturing business, an arrangement that could allow it to expand the U.S. factory it acquired last year, Chief Executive Tom Werner said on Wednesday.

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Government keen to source coal gasification technology from US

India is keen to collaborate with the US department of energy to source technology for coal gasification to tap into the country’s large reserves, improve its fuel efficiency and reduce dependence on imports.

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NPCIL directed to consider jobs for local land owners

NPCIL directed to consider jobs for local land owners

The Madurai bench of the Madras high court has asked the Nuclear Power Corporation of India Limited (NPCIL) to consider applications for employment in the cadre C and D grade from land owners’,

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Private thermal power plant utilisation falling amid tepid demand growth

Private thermal power plant utilisation falling amid tepid demand growth

Utilisation levels of private thermal power generators — already distressed due to lack of adequate demand and coal supply issues — continued to remain under 60% in April-January even as thermal, nuclear and hydro power plants across the country generated 1,050.3 billion units

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India, Germany agree to provide financial support to climate conservation projects

India, Germany agree to provide financial support to climate conservation projects

India and Germany on Wednesday agreed to provide financial support to climate conservation projects aimed at reducing greenhouse gas emissions, promoting renewable energies and sustainable forest management in India.

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Power plants ignore call to stop coal imports as domestic supply growth still uncertain

Power plants ignore call to stop coal imports as domestic supply growth still uncertain

Coal India Ltd's (CIL) effort to help power plants replace imported coal with domestic supplies hasn't been quite a success as select power producers continue with their imports, which has worried the ministry.

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Essar Steel case: NCLT reserves order on Ruias’ plea seeking right to challenge plan

Essar Steel case: NCLT reserves order on Ruias’ plea seeking right to challenge plan

The Ahmedabad Bench of the NCLT on Wednesday reserved its order on a plea filed by the Ruias, the promoters of the distressed Essar Steel. The promoters had sought to claim their right to participate in the meetings of Essar Steel

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ABB India board approves hiving off power grids business

ABB India board approves hiving off power grids business

ABB India Wednesday said its board has given 'in principle' approval to segregate the power grids business from its other businesses.

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Increase in per capita consumption to push power demand, says RK singh

Increase in per capita consumption to push power demand, says RK singh

Power demand is expected to rise further as the per capita consumption of electricity will increase two to three times from the current 1,200 units, Union minister R K Singh said Wednesday.

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Wind, solar power to be preferred energy sources by 2030 in India: Report

Wind, solar power to be preferred energy sources by 2030 in India: Report

Renewables would be preferred source of energy by 2030 with tariffs ranging between Rs 1.9-2.6 per unit for wind and solar power and storage cost declining by around 70 per cent, a report by Energy Transition Commission (ETC India) said.

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Venezuela opposition takes steps to seize oil revenue as Maduro issues threat

Venezuela opposition takes steps to seize oil revenue as Maduro issues threat

Venezuela's opposition-controlled congress named new temporary boards of directors to state-oil firm PDVSA on Wednesday, in an effort to wrest the OPEC nation's oil revenue from increasingly isolated President Nicolas Maduro.

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Oil prices edge up on hopes for US-China trade breakthrough

Oil prices edge up on hopes for US-China trade breakthrough

Oil prices inched up on Thursday, buoyed by hopes that potential progress in the latest Sino-US tariff talks would improve the global economic outlook. US West Texas Intermediate (WTI) crude futures were at $53.76 per barrel at 2338 GMT

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Abu Dhabi’s national oil company mulls investment in Kochi petrochemical complex

Abu Dhabi’s national oil company mulls investment in Kochi petrochemical complex

Abu Dhabi National Oil Company (ADNOC), one of the world’s largest petroleum firms, has offered to invest in the upcoming petrochemical complex in Kochi, Kerala chief minister Pinarayi Vijayan said on Wednesday.

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Chennai-based Invenire Energy acquires Tata Petrodyne in a $100-mn deal

Chennai-based Invenire Energy acquires Tata Petrodyne in a $100-mn deal

In a first sign of private equity (PE) interest in exploration and production in India, little-known Chennai-based Invenire Energy has taken over Tata Sons oil and gas arm Tata Petrodyne (TPL) in a $100-million deal.

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Alok Industries case: NCLT grants ‘operational creditor’ status to GAIL

Alok Industries case: NCLT grants ‘operational creditor’ status to GAIL

The Ahmedabad Bench of the National Company Law Tribunal (NCLT) on Wednesday accepted the plea of state-run gas supplier GAIL India to be treated as an operational creditor (OC) in the resolution process of textiles player Alok Industries.

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Indian Oil's Barauni refinery violated environmental norms: Expert Appraisal Committee

Indian Oil's Barauni refinery violated environmental norms: Expert Appraisal Committee

The environment ministry's Expert Appraisal Committee has noted that the 6 million tonne Barauni refinery operated by Indian Oil Corp (IOC) processed more crude then its sanctioned capacity over six years, thus violating environmental norms.

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We will spend Rs 75,000 crore on refineries over 5 years: B V Rama Gopal, Director-Refineries, Indian Oil Corporation

We will spend Rs 75,000 crore on refineries over 5 years: B V Rama Gopal, Director-Refineries, Indian Oil Corporation

We are getting geared up to supply BS VI specification fuel by April 2020. Most of the up-gradation should take place by the second half of 2019-20. Some refineries will have to undergo shutdown which is already planned.

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Used Cooking Oil May be Made Mandatory Feedstock for Biofuel

Used Cooking Oil May be Made Mandatory Feedstock for Biofuel

Petroleum minister Dharmendra Pradhan on Wednesday said the government is considering mandating biofuel from used cooking oil as advanced biofuel which can be blended with biodiesel.

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Heritage train to run on Saturday, Sunday

Heritage train to run on Saturday, Sunday

A heritage train with 165-year-old steam engine would run between Harbour Terminus railway station and Ernakulam Junction station on Saturday and Sunday.

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HRIDC working on Palwal-Sonipat rail project: CM

HRIDC working on Palwal-Sonipat rail project: CM

Haryana chief minister Manohar Lal Khattar said on Wednesday that a detailed project report (DPR) is being prepared to connect Palwal with Sonipat via railway line.

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Tribune flyover: UT told to float tender

Tribune flyover: UT told to float tender

The UT Administration will soon float tenders for the construction of a flyover at Tribune Chowk as Union Minister for Road Transport and Highways Nitin Gadkari has approved the project.

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After Train 18, railways come up with ‘push-pull’ technology to achieve higher speeds

After Train 18, railways come up with ‘push-pull’ technology to achieve higher speeds

Even as the first trainset, Train -18, prepares for flag off by Prime Minister Narendra Modi on February 15, Indian Railways has quietly crossed a milestone for another kind of train technology to achieve higher speeds for its Rajdhanis and reduce travel time without incurring much extra cost.

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Patna Metro project, Bihar’s first, gets Modi Cabinet nod! Route map, stations, project cost; all you need to know

Patna Metro project, Bihar’s first, gets Modi Cabinet nod! Route map, stations, project cost; all you need to know

Patna Metro, Bihar’s first, will soon be a thing of reality! Prime Minister Narendra Modi-led Cabinet has today cleared the Patna Metro Rail project with two corridors at a cost of Rs 13411.24 crore.

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Train 18 IRCTC menu details: Vande Bharat Express to have branded 5-star food; beverages from Chaayos, Nescafe

Train 18 IRCTC menu details: Vande Bharat Express to have branded 5-star food; beverages from Chaayos, Nescafe

Vande Bharat Express food: Get ready to sip on tea from Chaayos and coffee from Nescafe onboard Train 18! Not only that, Indian Railways’ fastest engine-less train will also offer lunch and dinner from branded places like Pind Balluchi and Landmark Hotel!

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When India’s fastest train was attacked with stones

When India’s fastest train was attacked with stones

India’s fastest Train 18, which will be flagged off by Prime Minister Narendra Modi on February 15, has seen a tough period of trial. The Rs 100 crore Train 18, to be called the Vande Bharat Express, has had stones hurled at it during trial runs at least on two occasions.

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