GOOD MORNING INDIA

May 26, 2019, Sunday

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

Solar power tariffs see modest rise at SECI auction

Solar power tariffs see modest rise at SECI auction

Tariffs saw a modest rise at the latest auction of solar projects conducted by Solar Corporation of India (SECI), its first since last July.

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NCLAT nod must to classify IL&FS accounts as NPA

NCLAT nod must to classify IL&FS accounts as NPA

The National Company Law Appellate Tribunal (NCLAT) on Monday said no financial institution can declare the accounts of Infrastructure Leasing & Financial Services (IL&FS) or its entities as Non-Performing Assets for non-payment of dues without prior permission of the Tribunal.

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As investment in power projects dries up, Thermax eyes 'captive' biz boost

As investment in power projects dries up, Thermax eyes 'captive' biz boost

Thermax Ltd., an Indian maker of electricity-generation equipment, expects demand for captive power plants, typically small units to meet the internal needs of a business, to rise in the next 4-5 years

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Delhi consumers pay lowest power bills among large cities: Manish Sisodia

Delhi consumers pay lowest power bills among large cities: Manish Sisodia

The people in the Capital pay the "lowest" power bills among large cities of the country, deputy chief minister Manish Sisodia said while tabling the Outcome Budget 2018-19 in the assembly on Monday.

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Energy transition is on smooth road and fast track in India

Energy transition is on smooth road and fast track in India

Global energy transition is on a fast track and India is not far behind. India’s absolute commitment towards carbon neutral economy is well appreciated. Prime Minister Narendra Modi

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25 e-vehicle charging stations set up in Delhi; to open in March

25 e-vehicle charging stations set up in Delhi; to open in March

In a big push to the Centre’s ambitious plan to switch to electric vehicles by 2030, the New Delhi Municipal Council (NDMC) has initiated a process to establish electric vehicle charging stations for the public.

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As power sector reels under bad loans, govt weighs solutions to woes

As power sector reels under bad loans, govt weighs solutions to woes

A group of ministers (GoM) on power under finance minister Arun Jaitley met on Monday to seek ways to resolve the bad loan crisis in the sector.

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Lenders realise Rs 44,500 cr from resolution of insolvent steel firms: Icra

Lenders realise Rs 44,500 cr from resolution of insolvent steel firms: Icra

Of the 11 steel making entities named in the Reserve Bank of India’s list of large corporate defaulters, four have completed their corporate insolvency resolution process (CIRP), with the lenders realising claims to the tune of Rs 44

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Meghalaya mine tragedy: Over two months later, fourth miner body detected

Meghalaya mine tragedy: Over two months later, fourth miner body detected

The Indian Navy on Monday detected the highly decomposed body of another miner, the fourth of the 15 miners trapped inside a 370-foot-deep illegal rat-hole coal mine in Meghalaya's East Jaintia Hills district for over two months, officials said.

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Government's 'zero blackout' plan gets boost from rising coal stock at power plants

Government's 'zero blackout' plan gets boost from rising coal stock at power plants

Coal stock at power stations have risen to roughly 15 days' operation and the number of plants with precarious inventory has dropped 86% to just four from 29 on October 31 last year when the coal and railway ministries scrambled additional supplies to meet a sudden spike

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Lenders expect resolution of Essar Steel, Bhushan Power by end of March

Lenders expect resolution of Essar Steel, Bhushan Power by end of March

By the end of next month, lenders expect to close the resolution of at least two names in the Reserve Bank of India’s (RBI’s) first list of major non-performing assets. These two are Essar Steel and Bhushan Power & Steel.

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Department of Atomic Energy building check dam in Tamil Nadu

Department of Atomic Energy building check dam in Tamil Nadu

The Department of Atomic Energy (DAE) on Monday said the Rs.32.5 crore, 1.19 km long check dam it is building across the Palar river in Tamil Nadu's Kancheepuram district will be ready by March 2020.

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Coal companies to increase output ahead of summer, Lok Sabha polls

Coal companies to increase output ahead of summer, Lok Sabha polls

The power ministry has directed all coal companies to boost production after a series of complaints from thermal power firms, and in anticipation of high demand during the summer and the upcoming election season.

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Fuel prices rise for the 6th day on Tuesday. Petrol now costs Rs 71.66/litre in Delhi

Fuel prices rise for the 6th day on Tuesday. Petrol now costs Rs 71.66/litre in Delhi

State-controlled oil marketing companies raised retail fuel prices for the sixth consecutive day on Tuesday. After today’s rate revision, petrol became dearer by 9 paise while diesel price was increased by 12-13 paise per litre across

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Oil price steadies after selloff; market eyes Donald Trump intervention

Oil price steadies after selloff; market eyes Donald Trump intervention

Oil prices edged higher on Tuesday, finding steady ground after tumbling more than 3 percent in the previous session when U.S. President Donald Trump called on OPEC to ease its efforts to boost the market.

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India Hikes Venezuelan Oil Purchases Amid US Warning

India Hikes Venezuelan Oil Purchases Amid US Warning

India increased imports of crude oil from Venezuela to almost double the average quantity in the first half of this month as per data compiled by Bloomberg.

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Access to pipelines a key issue in unlocking India’s natural gas potential: Ajay Shah, VP, Shell Energy Asia

Access to pipelines a key issue in unlocking India’s natural gas potential: Ajay Shah, VP, Shell Energy Asia

India will have to address key issues pertaining to access to natural gas pipelines and ensure a level-playing field by including natural gas into the ambit of Goods and Service Tax (GST) if it wants to unlock the country’s natural gas potential,

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No Aadhaar? Forget gas cylinder subsidy! Here is how to link LPG with Aadhaar online, via SMS and IVRS

No Aadhaar? Forget gas cylinder subsidy! Here is how to link LPG with Aadhaar online, via SMS and IVRS

Aadhaar LPG Linkage: The 12-digit biometric Aadhaar number brings in greater transparency and security, as per government. Currently, the Aadhaar is not only an important information tool, but is also an access to a host of services like filing for income tax return (ITR),

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Donald Trump calls on Opec to 'relax,' says oil prices are too high

Donald Trump calls on Opec to 'relax,' says oil prices are too high

US President Donald Trump on Monday expressed concern about oil prices and repeated his previous calls on the Organization of the Petroleum Exporting Countries (Opec) to keep prices steady.

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Kerala: Two coaches of Mangalore Mail derailed near Shornur

Kerala: Two coaches of Mangalore Mail derailed near Shornur

Two coaches of 12601 Mangalore Mail derailed near Shornur in the Palakkad district of Kerala Tuesday morning. The superfast express runs between the cities of Chennai and Mangalore.

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Jindal Steel and Power emerges lowest bidder for railway project

Jindal Steel and Power emerges lowest bidder for railway project

Fresh from bagging its first-ever order for supplying railroad track rails, Jindal Steel and Power (JSPL) said it has emerged as the lowest bidder for a 4.5 lakh tonne railway order, a tender floated by Rail Vikas Nigam (RVNL).

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Maharashtra Metro Rail focusing on generating 50% revenues through non-fare services, says managing director

Maharashtra Metro Rail focusing on generating 50% revenues through non-fare services, says managing director

The stretch starting from Khapri Metro Station to Sitabuldi Interchange which is part of the north-south corridor along with Lokmanya Nagar and Subhash Nagar on the east-west corridor are proposed to be launched in the first phase. These routes

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2 Ghaziabad metro stations to be renamed

2 Ghaziabad metro stations to be renamed

The state government has decided to change the names of two metrostations on Dilshad Garden-New Bus Adda corridor, said Nitin Ramesh Gokarn, UP principal secretary (housing).

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Get real-time Indian Railways information with Rail Drishti! PNR enquiry to status of trains; top 10 points

Get real-time Indian Railways information with Rail Drishti! PNR enquiry to status of trains; top 10 points

Indian Railways goes transparent with new Rail Drishti Dashboard! PNR enquiry, status of Mail/Express trains or any real-time data about Indian Railways is now available at the click of a button on a new digital portal – raildrishti.cris.org.in.

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YESTERDAY'S HEADLINES

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