GOOD MORNING INDIA

May 22, 2019, Wednesday

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

Only 39% of UP households metered, billed: Study

Only 39% of UP households metered, billed: Study

A study conducted by a Delhi-based think tank has found that only 39 per cent of the households in Uttar Pradesh are metered, billed, and pay their electricity dues.

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Coal shortage, state dues, higher salaries behind losses at discoms

Coal shortage, state dues, higher salaries behind losses at discoms

Shortage of coal at power plants, inadequate tariff hikes and rising operational costs after the 7th Pay Commission have been putting additional pressure on already hard-pressed electricity distribution companies (discoms).

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Relief to Coal India: NCLAT sets aside NCLT’s insolvency order against ECL

Relief to Coal India: NCLAT sets aside NCLT’s insolvency order against ECL

The National Company Law Appellate Tribunal (NCLAT) has set aside an order by the Kolkata bench of the National Company Law Tribunal which allowed initiation of insolvency proceedings against Eastern Coalfields (ECL), a subsidiary of India’s largest miner Coal India.

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Solar power tariffs will be lower than ₹2.30/unit by 2030: TERI report

Solar power tariffs will be lower than ₹2.30/unit by 2030: TERI report

Solar power tariffs in India will be lower than ₹2.30 a unit by 2030, according to a report by The Energy and Resources Institute (TERI). In a paper titled ‘Exploring Electricity Supply-Mix Scenarios to 2030’

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NCLAT quashes NCLT order against ECL

NCLAT quashes NCLT order against ECL

The National Company Law Appellate Tribunal (NCLAT) has set aside the National Company Law Tribunal (NCLT) Kolkata bench's order to start insolvency proceedings against Eastern Coalfields (ECL), a subsidiary of Coal India, said an official on Thursday.

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Centre offers 50 paise/unit support for solar projects using locally produced equipment

Centre offers 50 paise/unit support for solar projects using locally produced equipment

The Centre has offered a viability gap support of ₹70 lakh per MegaWatt (MW) for solar projects that will be built using domestically sourced cells and modules. This support will be implemented through the Central Public Sector Undertaking (CPSU) Scheme Phase-ll.

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BP Energy Outlook: India, China to lead energy demand growth through 2040

BP Energy Outlook: India, China to lead energy demand growth through 2040

The global energy demand is set to rise by around a third by 2040, driven by improvement in living standards, particularly in India, China and across Asia. Also, renewables will become the largest source of global power generation by then.

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New IL&FS Board pushes for asset-level resolution

New IL&FS Board pushes for asset-level resolution

The crisis in the debt-ridden Infrastructure Leasing and Financial Services (IL&FS) is set to be addressed by undertaking asset-level sale process first before putting in place a plan for a single group-level or vertical-level resolution, sources said.

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Slowdown in India, Germany led drop in onshore wind energy capacity in 2018

Slowdown in India, Germany led drop in onshore wind energy capacity in 2018

The global commissioning of onshore wind turbines declined 3 per cent in 2018, partly due to a slowdown in India and Germany, even as the growth is expected to bounce back in 2019, with a 32 per cent jump to 60 Gigawatt (Gw), clean energy research firm BNEF said.

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Any gas policy changes to push up prices, hit city distributors

Any gas policy changes to push up prices, hit city distributors

The proposal by a high-powered committee to the Ministry of Petroleum and Natural Gas (MoPNG) to withdraw the facility of allocating low-priced domestic gas is likely to impact city gas distributors (CGD) including Indraprashtra Gas (IGL), Mahanagar Gas (MGL), and Gujarat Gas.

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ONGC net profit jumps 65 per cent in third quarter on higher prices

ONGC net profit jumps 65 per cent in third quarter on higher prices

State-owned Oil and Natural Gas Corporation (ONGC) Thursday reported a 65 per cent jump in its third quarter net profit as higher prices made up for a fall in oil output.

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US oil prices rallies as exporters trim production

US oil prices rallies as exporters trim production

US oil prices rose on Friday, gaining for a fourth day on hopes of further supply cuts by major exporters, despite uncertainty about US-China trade talks.

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5,000 new CNG refueling stations to come up across India

5,000 new CNG refueling stations to come up across India

With increasing demand for CNG in the country, government launches a new model for CNG stations across the country. Minister of Petroleum and Natural Gas & Skill Development and Entrepreneurship Dharmendra Pradhan

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Gail team inspects CNG, PNG stations

Gail team inspects CNG, PNG stations

A 10-member team of officials from the Gas Authority of India Limited (GAIL) are in the state capital to conduct trial run of the piped natural gas (PNG) and compressed natural gas (CNG) supply system.

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India's Petronet signs initial deal to invest, buy LNG from Tellurian

India's Petronet signs initial deal to invest, buy LNG from Tellurian

Indian gas importer Petronet LNG on Thursday signed an initial agreement with Tellurian Inc to invest in its proposed Driftwood project in Louisiana in the United States and buy liquefied natural gas (LNG), Tellurian said in a statement.

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Oil gains as US-China trade, OPEC cheer investors

Oil gains as US-China trade, OPEC cheer investors

Oil rose for a third day on Thursday to reach its highest so far this year as financial markets drew support from investor optimism that the United States and China could resolve their trade dispute.

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When Train 18 was attacked with stones

When Train 18 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.

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Enjoy free movies on Wi-Fi on Kacheguda-Bengaluru train

Enjoy free movies on Wi-Fi on Kacheguda-Bengaluru train

In line with Prime Minister Narendra Modi’s ‘Digital India’ mission, the railways introduced ‘magic box’ on the Kacheguda-KSR Bengaluru Express.

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PM Narendra Modi to flag off Shatabdi successor Vande Bharat Express today

PM Narendra Modi to flag off Shatabdi successor Vande Bharat Express today

Prime Minister Narendra Modi will flag off India’s first engineless train Vande Bharat Express, earlier known as Train 18, today from the New Delhi railway station.

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Privatisation of Pune station: ‘Will ensure better passenger service, nobody will lose their job’

Privatisation of Pune station: ‘Will ensure better passenger service, nobody will lose their job’

Privatisation of station management will make passenger services better, said Kalpana Kaur, director of the Indian Railway Stations Development Corporation (IRSDC),

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Southern Railway to run special trains from Chennai to Nagercoil, Sengottai

Southern Railway to run special trains from Chennai to Nagercoil, Sengottai

Southern Railway has announced special trains from Tambaram to Nagercoil, Chennai Egmore to Sengottai and Chennai Central to Nagercoil.

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Indian Railways makes bi-weekly Silambu Express swanky under Project Utkrisht; check salient features

Indian Railways makes bi-weekly Silambu Express swanky under Project Utkrisht; check salient features

Silambu Express rake upgradation under Project Utkrisht: Indian Railways has upgraded the existing rake of train number 16181/16182 Chennai-Sengottai Silambu Bi-weekly Express, which travels on Wednesdays and Saturdays.

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Urban mobility development in India: Need to look beyond costs

Urban mobility development in India: Need to look beyond costs

Public transport infrastructure is an important indicator of progress in global economy where growth opportunities are linked to the mobility of people, goods and information.

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