GOOD MORNING INDIA

March 21, 2019, Thursday

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

Panel to assess eco damage of conversion to coal

Panel to assess eco damage of conversion to coal

The National Green Tribunal (NGT) has constituted a three-member committee to investigate the environmental impact of the conversion of Tata Power’s 500MW Unit 6 at its Trombay power plant from an oilbased one to a coal-fired one.

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Electricity supply by private producers suffers a jolt in Gujarat

Electricity supply by private producers suffers a jolt in Gujarat

Electricity supply in the state by private power producers fell sharply in the last year to multi-year lows, even as that by state government owned units rose to all-time high, information provided by the state government shows.

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‘IL&FS directors facilitated round-tripping’

‘IL&FS directors facilitated round-tripping’

In a damning report, Grant Thornton has highlighted how IL&FS’ committee of directors facilitated round-tripping and ever-greening of loans and also provided credit to stressed companies despite their financial problems being published in the media.

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After a decade of slump, investment in coal power may rebound, courtesy MP

After a decade of slump, investment in coal power may rebound, courtesy MP

Investment in coal-based power could rebound after over a decade, with two mega-size projects. Madhya Pradesh (MP) has issued two tenders for setting up thermal power capacity of 1,320 megawatts (Mw) each.

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Coal India's supplies to power sector up by 7.1% in April-February

Coal India's supplies to power sector up by 7.1% in April-February

With a bigger focus on the power sector, Coal India (CIL) supplied 440.80 million tonne (mt) coal to power plants between April and February this financial year — a 7.1 per cent increase over the same period a year ago.

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India needs to get its priorities right, focus on water and power

India needs to get its priorities right, focus on water and power

Ever since a Pakistan-backed terrorist killed Central Reserve Police Force jawans, scores of Indians have been making both strategic and tactical decisions on behalf of the government.

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Grant Thornton identifies Rs 13,000 crore worth irregularities in report on IL&FS

Grant Thornton identifies Rs 13,000 crore worth irregularities in report on IL&FS

Grant Thornton in its report on debt ridden IL&FS Group has identified various financial irregularities in deals with financial implications of over Rs 13,000 crore during special audit conducted by the firm.

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Central Bank puts Bhushan Power, Essar Steel accounts up for sale to recover bad loan dues

Central Bank puts Bhushan Power, Essar Steel accounts up for sale to recover bad loan dues

Ten social activists have come out in support of lawyer Prashant Bhushan in the Supreme Court, contending that the contempt proceedings initiated against him appears to be an assault on freedom of speech and expression.

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Green industrial policy is a timely idea for India to explore

Green industrial policy is a timely idea for India to explore

How can India simultaneously grow and create jobs, attend to its growing environmental crisis, and proactively address inequality? Conventional thinking holds that these objectives can only be achieved sequentially

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Gail chosen for Vedanta’s Barmer gas output buy

Gail chosen for Vedanta’s Barmer gas output buy

The Centre has nominated state-run GAIL to buy the gas output from Vedanta’s prolific Barmer block, which has recently begun pumping the energy resource after accounting for a fourth of India’s domestic crude oil production.

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Oil dips amid weak demand growth, but OPEC-led supply cuts support

Oil dips amid weak demand growth, but OPEC-led supply cuts support

Oil prices dipped on Monday amid tepid prospects for growth in fuel demand, but OPEC-led efforts to cut output offered some support. U.S. West Texas Intermediate (WTI) crude oil futures were at $56.46 per barrel at 0136 GMT,

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Adani Gas hits rough weather in Rajasthan

Adani Gas hits rough weather in Rajasthan

The tide and ebb in fortunes of Adani Gas Limited (AGL) in Rajasthan seems to be in sync with change of power in the state. The going got smooth when BJP was in power, and hurdles cropped up when Congress held the reins.

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‘Buy’ Indraprastha Gas: No near-term impact of Delhi move

‘Buy’ Indraprastha Gas: No near-term impact of Delhi move

On March 2, the Delhi government approved the addition of 1k electric buses in 2019. This may have limited near-term impact as no government CNG buses had been added in the past

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Ujjwala leads to 40 mn new LPG connections with a jump of 45% in FY19

Ujjwala leads to 40 mn new LPG connections with a jump of 45% in FY19

The push for clean energy through the Pradhan Mantri Ujjwala Yojana (PMUY) has led to a record 40.7 million new liquefied petroleum gas (LPG) connections being added in the current fiscal year (2018-19, or FY19). This is a jump of 45 per cent over 2017-18 (FY18).

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Assam Petrochemicals Limited to set up 200 TPD Formalin plant in Bongaigaon

Assam Petrochemicals Limited to set up 200 TPD Formalin plant in Bongaigaon

Public sector unit Assam Petrochemicals Limited (APL) will come up with 200 TPD (tones per day) Formalin plant at Boitamari in Bongaigaon District. Assam Chief Minister Sarbananda Sonowal laid the foundation stone for the project on Monday.

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Auto LPG industry urges to reduce GST rate on LPG conversion kits to 5 per cent

Auto LPG industry urges to reduce GST rate on LPG conversion kits to 5 per cent

Auto LPG industry in the country has sought a reduction in GST rates on LPG conversion kits for automobiles from current 28 per cent to 5 per cent to boost vehicle conversions to the environment-friendly fuel.

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OPEC likely to defer output policy decision until June: Sources

OPEC likely to defer output policy decision until June: Sources

OPEC and its partners are unlikely to decide on their output policy in April as it would be too early to get a clear picture of the impact of their supply cuts on the market by then, three OPEC sources said on Monday.

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Train From Bengaluru Catches Fire, Many Trains In Andhra Pradesh Delayed

Train From Bengaluru Catches Fire, Many Trains In Andhra Pradesh Delayed

A fire broke out in the pantry of a running train late at night in Andhra Pradesh's East Godavari district. The staff separated the pantry car, stopping the fire from spreading to the other bogies of the train. No injuries from the incident have been reported so far.

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PM Modi Launches Card For Transportation Payments Across India

PM Modi Launches Card For Transportation Payments Across India

Prime Minister Narendra Modi Monday launched the indigenously-developed National Common Mobility Card (NCMC) to enable people to pay multiple kinds of transport charges, including metro services and toll tax, across the country.

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With slew of infra projects, PM Narendra Modi makes strong push for polls

With slew of infra projects, PM Narendra Modi makes strong push for polls

On the first day of his two-day visit to home state Gujarat, Prime Minister Narendra Modi struck a confident note as his told a meeting of Patidars that he will be in Delhi after 2019 as well.

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IRCTC iPay: How Indian Railways' own payments gateway will benefit passengers

IRCTC iPay: How Indian Railways' own payments gateway will benefit passengers

Indian Rail Catering and Tourism Corporation (IRTCTC ) launched its much-awaited payment aggregator system 'IRCTC iPay' on Thursday last. The new payment gateway aims to promote digital transactions in railway bookings and services.

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YESTERDAY'S HEADLINES

https://goo.gl/WtxiaY

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