GOOD MORNING INDIA

March 21, 2019, Thursday

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

Discom dues to power generators grow 33% during April-January

Discom dues to power generators grow 33% during April-January

Dues of state-run power distribution companies to cash strapped power generators have increased by a third in April-January despite the government’s assurance that payments would be expedited.

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Govt fixes mining policy, at long last

Govt fixes mining policy, at long last

Given the mining sector’s potential to both create millions of jobs and save billions of dollars of forex, it was always a surprise that the government was so slow to fix issues that have prevented it from growing fast, but the good news is that it has finally started making some attempt to fix things.

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Power demand touches 10,505 MW

Power demand touches 10,505 MW

With temperatures soaring and agriculture power demand rising in the past few days, Telangana on Monday recorded 10,501 MW, the highest peak power demand ever.

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These states giving cheaper electricity to consumers despite missing UDAY targets

These states giving cheaper electricity to consumers despite missing UDAY targets

While the operational targets set under the UDAY scheme for the revival of electricity discoms are being missed and the efficacy of the scheme itself has come under a cloud, several state governments are putting further burden on these entities by unveiling various sops for different sections of consumers

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February peak power demand rises 3% year-on-year

February peak power demand rises 3% year-on-year

The peak demand for power across the country in February 2019 rose 3% year-on-year to 162 GW as compared to 157 GW recorded a year ago, according to the data released by Indian Energy Exchange (IEX). Compared to January, the peak demand has remained unchanged.

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How piling dues choke power generation companies

How piling dues choke power generation companies

Power generating companies are in a funk. Nearly half the States and Union Territories and power distribution companies aren’t paying them on time. This includes all the Southern States (excluding Telangana), all the northern States (except for Bihar) and a couple of them from the North-East.

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L&T Infrastructure Finance Company moves NCLT against Essar Power

L&T Infrastructure Finance Company moves NCLT against Essar Power

After Essar Steel, now Essar Power (EPL) has been taken to the National Company Law Tribunal (NCLT), Ahmedabad, by one of the lenders L&T Infrastructure Finance Company on Tuesday.

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Average spot power price dips 4 pc to Rs 3.08/unit in Feb

Average spot power price dips 4 pc to Rs 3.08/unit in Feb

Average spot power price slipped 4 per cent to Rs 3.08 per unit in February at Indian Energy Exchange (IEX), compared to Rs 3.23 a year ago, mainly on subdued demand following extended winters.

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The Right Manifesto For Energy: Choice Between Nuclear And Nuclear

The Right Manifesto For Energy: Choice Between Nuclear And Nuclear

India is the fastest growing large economy in the world and the connection between energy consumption and economic growth cannot be overemphasised. Add to it the new demand the government has added through its schemes.

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TERI signs MoU with WAPCOS on power, water, and infra

TERI signs MoU with WAPCOS on power, water, and infra

The Energy and Resources Institute (TERI) today announced it has signed an agreement with WAPCOS, a consulting firm, under the aegis of Ministry of Water Resources, to pursue opportunities in areas of power, water, and infrastructure development.

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Oil falls as rising US production counters OPEC supply cuts

Oil falls as rising US production counters OPEC supply cuts

Oil prices fell more than 0.5 per cent on Wednesday as bullish output forecasts by two big US producers outweighed recent OPEC-led efforts to rein in crude production.

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UAE''s ENOC seeks four LNG cargoes for India: sources

UAE''s ENOC seeks four LNG cargoes for India: sources

Emirates National Oil Company (ENOC) has announced a tender to buy four cargoes of liquified natural gas (LNG) for delivery to India from April to July, two trade sources said on Tuesday.

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Oil edges higher towards $66 as OPEC-led cuts in view

Oil edges higher towards $66 as OPEC-led cuts in view

Oil edged higher towards $66 a barrel on Tuesday as the market balanced OPEC-led efforts to tighten supply with the restart of Libya`s biggest oilfield and the prospect of weaker demand.

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How Much LPG Cylinder Prices Have Changed So Far This Year

How Much LPG Cylinder Prices Have Changed So Far This Year

LPG prices have been revised upwards this month. With the latest increase in LPG prices, the first hike after three straight monthly cuts, the subsidised and non-subsidised LPG prices in Delhi stand at Rs. 495.61 per cylinder and Rs. 701.50 per cylinder respectively,

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Odisha approves Rs 34,197 cr investment proposals including Rs 28,700 cr by HPL

Odisha approves Rs 34,197 cr investment proposals including Rs 28,700 cr by HPL

Odisha government Tuesday approved investment proposals worth Rs 34,197 crore including Rs 28,700 crore investment by Haldia Petrochemicals (HPL), officials said. The investment proposals were approved at the High Level Clearance Authority (HLCA) headed by Naveen Patnaik.

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Railway Stations to be Privatized for Better Passenger Facilities

Railway Stations to be Privatized for Better Passenger Facilities

The Indian Railways have moved one step forward in what may be termed as privatization of the railway stations under the Northern Railways. As per information only railway tickets and operations will remain with the railway authorities

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Nod soon for Metro Phase 4, Delhi-Mumbai high-speed link

Nod soon for Metro Phase 4, Delhi-Mumbai high-speed link

The Union cabinet is likely to give approval for converting the Delhi-Mumbai and Delhi-Howrah routes into a corridor where trains can run at a speed of 160kmph. The cabinet is also likely to give its approval for Delhi Metro’ Phase 4, officials said.

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Indian Railways upgrade spree continues! 3 more rakes of Mail/Express trains revamped under Project Utkrisht

Indian Railways upgrade spree continues! 3 more rakes of Mail/Express trains revamped under Project Utkrisht

Indian Railways Project Utkrisht: Piyush Goyal-led Indian Railways continues to upgrade rakes under its Project Utkrisht! Recently, the rakes of Mumbai-Pune Deccan Express, Valsad-Puri Superfast Express and Mumbai Central-Surat Flying Ranee trains have been given a new makeover

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Next Train 18s to be made ‘more in India’

Next Train 18s to be made ‘more in India’

The next Vande Bharat Express trains, also known as Train 18, will have will have more ‘Made in India’ components than the first, that had its maiden run between Delhi to Varanasi in February amid much fanfare.

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Railways approved 500 extra train stoppages this fiscal on MPs' request

Railways approved 500 extra train stoppages this fiscal on MPs' request

The railway ministry has approved around 500 extra train stoppages till February end in this fiscal on the request of Parliamentarians and the process is ongoing, sources said Tuesday.

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