GOOD MORNING INDIA

March 25, 2019, Monday

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

Despite Concerns, Ladakh Solar Plan Attracts 50 Companies

Despite Concerns, Ladakh Solar Plan Attracts 50 Companies

The government's ambitious plan to set up a 7,500 mw (mega watt) solar power project at an estimated investment of Rs 45,000 crore in Jammu & Kashmir's Ladakh region has whetted the appetite of some 50 topline companies

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ArcelorMittalOffers Rs 4,800 Crore For Essar’s Mahan Power Project In MP

ArcelorMittalOffers Rs 4,800 Crore For Essar’s Mahan Power Project In MP

ArcelorMittal has offered lenders Rs 4,800 crore for Essar’s 2×600 MW Mahan thermal power project in Madhya Pradesh, surpassing the Essar promoters’ one-time settlement offer of Rs 3,500 crore, a senior PFC official told FE.

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Coal-to-Gas Route Vital To Power India

Coal-to-Gas Route Vital To Power India

ermany intends to do away with burning coal to produce power, to stem carbon emissions, by 2038 at the latest.

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Power Finance Corporation Ltd. Announces Q3FY19 Results : PFC’sAcquisition Of REC Will Create Fair Amount Of Synergy

Power Finance Corporation Ltd. Announces Q3FY19 Results : PFC’sAcquisition Of REC Will Create Fair Amount Of Synergy

PFC hosted a Press Conference to give an update on its financials for the quarter ended December 2018 and to enable the media understand Govt. of India’s view on PFC’s acquisition of REC.

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Tata Motors Explore Partnerships For Electric Mobility Biz

Tata Motors Explore Partnerships For Electric Mobility Biz

Home-grown auto Tata Motors is exploring partnerships and business models to deliver mobility as a service in the electric mobility business, a top company official said Monday.

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Centre Confident That Gujarat Will Offer Land To Wind Energy Projects

Centre Confident That Gujarat Will Offer Land To Wind Energy Projects

The Centre is confident that the Gujarat government will offer land for wind energy projects tendered by the Solar Energy Corporation of India (SECI) in the State.

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ArcelorMittal Offers Rs 4,800 Crore For Essar Mahan Under OTS: PFC

ArcelorMittal Offers Rs 4,800 Crore For Essar Mahan Under OTS: PFC

Steel giant ArcelorMittal has proposed a resolution offer of Rs 4,800 crore to lender of stressed Essar Mahan power project, over 37 percent higher than offered by the promoter Essar Group.

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Post-merger REC To Remain Govt Entity: Power Ministry

Post-merger REC To Remain Govt Entity: Power Ministry

Allaying concerns of the investors over the proposed acquisition in REC by the PFC

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Govt Making All Efforts To Provide Uninterrupted Power Supply: Arunachal CM

Govt Making All Efforts To Provide Uninterrupted Power Supply: Arunachal CM

Arunachal Pradesh Chief Minister Pema Khandu Monday said his government is making all-out efforts to provide uninterrupted power supply in the state.

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In A 1st, IOC Inks $1.5bn Annual Deal To Buy Us Crude

In A 1st, IOC Inks $1.5bn Annual Deal To Buy US Crude

In the first-ever deal by an Indian company, Indian Oil Corp (IOC) on Monday said it has signed a $1.5 billion annual deal to import 3 million tonnes of crude oil in the financial year beginning April 1.

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Can American Oil Reduce India’s Reliance On Iran And Venezuela?

Can American Oil Reduce India’s Reliance On Iran And Venezuela?

Indian Oil Corp, the nation’s largest oil refiner, on Monday said it has signed its first annual deal to buy up to 3 million tonnes, or 600,000 barrels a day, of US oil.

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ONGC Delivers Stellar Q3 Result, But Concerns Over Oil Subsidy Sharing Remain

ONGC Delivers Stellar Q3 Result, But Concerns Over Oil Subsidy Sharing Remain

Investors of state-run Oil and Natural Gas Corp. Ltd (ONGC) have had little luck with the stock for some time now.

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Keeping An Eagle Eye On Oil And Gas Pipelines

Keeping An Eagle Eye On Oil And Gas Pipelines

The three troop into a conference room at the Maker Village, an electronics hardware incubator, full of confidence and eager to talk about their venture.

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Modi Govt Reappoints AK Sharma As IOC Director-finance Ahead Of Elections

Modi Govt Reappoints AK Sharma As IOC Director-finance Ahead Of Elections

The government has reappointed A K Sharma as the Director (Finance) of Indian Oil Corp (IOC) - a first under Prime Minister Narendra Modi when a PSU director has been reemployed in the same position after retirement.

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India Becomes Biggest Buyer Of Venezuelan Oil After US Sanctions – Reports

India Becomes Biggest Buyer Of Venezuelan Oil After US Sanctions – Reports

India has been importing 620,000 barrels of Venezuelan crude oil a day since early February, up 66 percent from the previous month, the NDTV news channel reported.

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PM Narendra Modi to unveil development projects worth Rs 2,900 crore in Varanasi today

PM Narendra Modi to unveil development projects worth Rs 2,900 crore in Varanasi today

Prime Minister Narendra Modi will arrive in his Lok Sabha constituency Varanasi on Tuesday where he will address a public meeting and unveil several projects worth Rs 2,900 crore.

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Jindal Stainless sets up first dedicated facility for Railways in Chennai

Jindal Stainless sets up first dedicated facility for Railways in Chennai

Jindal Stainless said Monday it has set up a dedicated facility for Railways in Chennai which will supply stainless steel components to the Integral Coach Factory (ICF) there.

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Nagpur Metro: In first trial run, three-coach train covers 11.5 km at speed of 45 kmph

Nagpur Metro: In first trial run, three-coach train covers 11.5 km at speed of 45 kmph

The trial run took place under the supervision of an 11-member team of Research Design and Standards Organisation, functioning under the Ministry of Railways.

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Engineers say all Indians should be proud of indigenous Train 18

Engineers say all Indians should be proud of indigenous Train 18

The engineers add that it is a prototype of which every Indian should be proud, especially because it was made without any transfer of technology from any foreign company.

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Coming soon! Indian Railways to make engine-less luxury Rajdhani Express with sleeper version of Train 18

Coming soon! Indian Railways to make engine-less luxury Rajdhani Express with sleeper version of Train 18

Train 18: The engine-less Train 18, now called the Vande Bharat Express, will soon have a Rajdhani-style sleeper-class version for long-distance travel! With the self-propelled Vande Bharat Express being flagged off by PM Narendra Modi on February 15

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