GOOD MORNING INDIA

March 21, 2019, Thursday

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

Mumbai HC gives a mouthful to Anil Ambani firm, says petition 'smacks of deceit'

Mumbai HC gives a mouthful to Anil Ambani firm, says petition 'smacks of deceit'

The Bombay High Court has rapped the Anil Ambani group company Reliance Power and its management for attempting to "mislead" the court by a petition that's "smacked of deceit."

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Non-renewable energy will fuel country soon: AERB chief

Non-renewable energy will fuel country soon: AERB chief

Chairman of the Atomic Energy Regulatory Board Gunturu Nageswara Rao has said that a new electricity policy would be introduced in the country soon. Mr. Rao, who inaugurated Srujanankura, a national-level tech extravaganza and Anveshan

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Adani Power, Adaro, NLC in race to buy some IL&FS assets

Adani Power, Adaro, NLC in race to buy some IL&FS assets

Indonesian coal miner Adaro, Adani Power and state-run NLC India are among a dozen companies that have expressed interest in buying IL&FS Tamil Nadu Power and related assets of the debt-laden IL&FS group, two people familiar with the matter said.

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Nathpa Jhakri hydro power station crosses 100 billion units of electricity

Nathpa Jhakri hydro power station crosses 100 billion units of electricity

On Friday, India’s largest 1,500MW Nathpa Jhakri hydro power station crossed the mark of cumulative 100 billion units electricity generation. Since 2003, the power station has been supplying power to Haryana

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‘Flexible’ power system key to renewables push

‘Flexible’ power system key to renewables push

The drop in renewable energy tariffs in India is one of the true success stories of the last few years. From around ₹10-12/kWh in 2010, solar tariffs have come down to ₹2.5-3/kWh. Wind tariffs have fallen from ₹4.5-5/kWh to a similar range as solar.

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Solar power projects get $113 million funding boost from KfW-Bank of Baroda tie-up

Solar power projects get $113 million funding boost from KfW-Bank of Baroda tie-up

Bank of Baroda and Germany’s KfW Development Bank today announced they have joined hands to extend funding of $113 million to refinance solar power projects in India.

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Three dam projects pose challenge to government stop-water decision

Three dam projects pose challenge to government stop-water decision

The government on Friday reiterated its decision to stop water from the Eastern rivers — Sutlej, Ravi and Beas — flowing into Pakistan, in a bid to respond to the terror attack at a CRPF convoy in Pulwama,

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EESL launches super-efficient ACs; Aims at 40% higher efficiency at 30% lower cost

EESL launches super-efficient ACs; Aims at 40% higher efficiency at 30% lower cost

Energy Efficiency Services Ltd (EESL) today announced it has launched “super-efficient” Air Conditioners (ACs) under a programme aimed at residential and institutional consumers in the areas served by private discom BSES Rajdhani (BRPL) in Delhi.

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Suzlon Energy stock surges 31% after report of Danish firm buying stake in company

Suzlon Energy stock surges 31% after report of Danish firm buying stake in company

Shares of Suzlon Energy soared nearly 31 per cent following a report that a Danish firm may buy stake in the company. According to the report, Vestas is in talks with Suzlon to buy a controlling stake.

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US sanctions on Iran a boon for UCO Bank

US sanctions on Iran a boon for UCO Bank

Renewed US sanctions on Iran’s oil exports are giving a boost to the profits of one of India’s smaller state-owned banks, which has been struggling under the weight of a mountain of bad loans.

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Crude oil output falls 4.33% in Jan

Crude oil output falls 4.33% in Jan

Crude oil production during January stood at 2.85 million tonnes while natural gas production stood at 2841.45 million standard cubic meters. An official statement said domestic crude oil production was 4.33 per cent lower while gas production

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India's Nayara Energy Jan oil imports surge 36 pct month-on-month

India's Nayara Energy Jan oil imports surge 36 pct month-on-month

India's Nayara Energy, part-owned by Russian oil major Rosneft , shipped in 36 per cent more oil in January than the previous month as the refinery resumed operations after a month-long maintenance shutdown that ended in December

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5 petrol bunks to be manned by prisoners inaugurated in TN

5 petrol bunks to be manned by prisoners inaugurated in TN

Five fuel retail outlets that would be operated by prison inmates at various locations were inaugurated by Tamil Nadu Chief Minister K Palaniswami throught video-conferencing here Friday. Set up at a cost of Rs 10 crore by IndianOil

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Asia's surging fuel exports depress oil refining industry profits

Asia's surging fuel exports depress oil refining industry profits

Asia's biggest oil consumers are flooding the region with fuel as refining output is exceeding consumption amid a slowdown in demand growth, pressuring industry profits.

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1 in works, railways to study 10 more bullet train corridors

1 in works, railways to study 10 more bullet train corridors

The railways has lined up a mega expansion plan, including more than doubling the freight capacity and adding new high-speed trains for which 10 corridors with a cumulative length of about 6,000km have been identified.

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Indian Railways embarks on a major mechanisation drive

Indian Railways embarks on a major mechanisation drive

The Indian Railways has embarked on a major mechanisation drive to make track-laying and maintenance work completely machine-driven, removing the need for any human interface, including patrolling.

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Bengaluru suburban rail on fast-track! Piyush Goyal takes big step for project; 5 takeaways for common man

Bengaluru suburban rail on fast-track! Piyush Goyal takes big step for project; 5 takeaways for common man

Bengaluru suburban railway project on fast-track! Railway Minister Piyush Goyal has stepped in to expedite the execution of the proposed Bengaluru suburban railway project. Goyal today met Karnataka Chief Minister H D Kumaraswamy

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Your Indian Railways trip to get faster; this is what will add wings to train

Your Indian Railways trip to get faster; this is what will add wings to train

Indian Railways has been revamping its infrastructure and that has virtually added wings to the trains that you travel on. No, we are not merely talking about Train 18, the fastest train in India.

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Indian Railways achievements: 7 amazing ways you benefitted

Indian Railways achievements: 7 amazing ways you benefitted

The Indian Railways that witnessed a 360-degree transformation during the last 5 years or so. Whether its electrification of rail routes, indigenously developing fastest moving railway engines, converting diesel locomotive engines to electric engines as the Varanasi DLW

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