GOOD MORNING INDIA

November 15, 2018, Thursday

Greetings Of The Day From EnergyInfraPost.com!

MORNING NEWS UPDATES ON POWER/COAL/MINES/RE/OIL AND GAS/INFRASTRUCTURE AND TRANSPORTATION

CCI Rejects Complaint Against Coal India

CCI Rejects Complaint Against Coal India

The Competition Commission today dismissed allegations of unfair business practices against state-owned Coal India Ltd (CIL) with regard to sale of coking coal.

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Slapping Safeguard Duty On Solar Imports May Not Work: Sanjay Aggarwal, Fortum India

Slapping Safeguard Duty On Solar Imports May Not Work: Sanjay Aggarwal, Fortum India

Finland-based energy company Fortum is working aggressively to implement its plan to i nvest up to Euro 400 million in India.

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Clean Energy

Farmers Need Financial Support To Generate Surplus Solar Energy

Farmers will be encouraged to harvest more solar energy and supply to the grid too only if there is direct financial support from the Union Government, according to the pumpset manufacturers here.

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Knorr Bremse India, Cleanmax Solar Partner For Rooftop Solar Plant

Knorr Bremse India, Cleanmax Solar Partner For Rooftop Solar Plant

CleanMax Solar, a rooftop solar developer installed a rooftop solar plant for Knorr-Bremse systems for Commercial Vehicles India Pvt Ltd, a manufacturer of braking systems for rail and commercial vehicles.

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JSW Energy Q3 FY18 PAT Jumps Two Fold To Rs 50.55 Crore

JSW Energy Q3 FY18 PAT Jumps Two Fold To Rs 50.55 Crore

Sajjan Jindal-led JSW Energy today reported a nearly two-fold increase in net profit for the quarter ended December 31 at Rs 50.55 crore mainly on the back of improved revenues, decline in finance cost and lower effective tax rate.

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Westinghouse To Hold Talks For 6 N-Reactors In Andhra Pradesh

Westinghouse To Hold Talks For 6 N-Reactors In Andhra Pradesh

US nuclear major Westinghouse, overcoming troubles over bankruptcy and buoyed by takeover by a Canadian consortium, will hold talks this week with the Indian government.

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A Costly Affair: Draft National Mineral Policy Dashes Hopes Of Investments

A Costly Affair: Draft National Mineral Policy Dashes Hopes Of Investments

Even after recast of its decade old National Mineral Policy (NMP), the Mines ministry can hardly expect to garner major private investments in mineral exploration space, say industry stakeholders.

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Mines-To-Market Integration: Gold Mining Lands On Policy Makers' Table

Mines-To-Market Integration: Gold Mining Lands On Policy Makers' Table

The issue of gold mining has made it to the policy makers’ table for the first time. The reason, according to sources, is that Department of Economic Affairs is considering a proposal to promote domestic gold mining as part of the comprehensive gold policy that is being finalised.

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Copper Producers Switch To Provisional Pricing; Aim To Avoid Losses

Copper Producers Switch To Provisional Pricing; Aim To Avoid Losses

In a major shift in strategy, downstream copper producers (manufacturers of wires, cables, pipes and tubes, etc.) have started fixing their product prices on provisional basis, a practice similar to primary metal producers.

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landmark

Govt's 2030 Vision For Evs A Huge Challenge: Tata Motors

Meeting the government's vision of 100 per cent electrification of public transport and 40 per cent of personal mobility by 2030 is a 'huge challenge' that will require a single-minded focus, Tata Motors CEO and MD Guenter Butschek said today.

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CLP India Eyes Transmission Assets

CLP India Eyes Transmission Assets

CLP India Pvt. Ltd, one of the largest foreign investors in the Indian power sector, is looking at acquisitions to enter the transmission business amid low green energy tariffs that threaten profitability, said two people aware of the development.

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India’s Karnataka State Awards 760 MW Of Grid-connected PV Projects - Report

India’s Karnataka State Awards 760 MW Of Grid-connected PV Projects - Report

A tender for 760 MW of grid-connected solar project in the Indian state of Karnataka has attracted bids of as low as INR 2.94 (USD 0.046/EUR 0.037) per kWh, consultancy Mercom Capital reports. 

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From Oil To Solar: Saudi Arabia Plots A Shift To Renewables

From Oil To Solar: Saudi Arabia Plots A Shift To Renewables

Saudi Arabia — Life in Saudi Arabia has long been defined by the oil that flows from the kingdom. Over decades, the vast wealth it pumped out paid not just for gleaming towers and shopping malls but also for a government sector that employs a majority of working Saudis.

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India Sees No Scope For More Excise Duty Cut On Petrol, Diesel For Now - Fin Min Source

India Sees No Scope For More Excise Duty Cut On Petrol, Diesel For Now - Fin Min Source

India has no immediate plan to further cut factory gate tax on petrol and diesel due to its tight fiscal situation, a finance ministry source said on Tuesday.

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500 Km Pipeline In Assam To Supply Gas To North Eastern States - Mr Pradhan

500 Km Pipeline In Assam To Supply Gas To North Eastern States - Mr Pradhan

PTI cited Petroleum Minister Mr Dharmendra Pradhan as saying that give major oil and natural gas PSUs would set up a joint company for a 1500 km gas pipeline at an estimated cost of INR 6000 crore stretching from Guwahati to Tinsukia via Numaligarh to supply gas to the NE states.

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Budget 2018: Petroleum Subsidy Could Fall Short; Upstream Firms May Have To Bear Burden

Budget 2018: Petroleum Subsidy Could Fall Short; Upstream Firms May Have To Bear Burden

The Budget 2018allocation of Rs 24,933 crore for petroleum subsidy may fall short considering the appreciation in crude oil prices and revised target of providing 8 crore Liquified Petroleum Gas (LPG) connections under Pradhan Mantri Ujjwala Yojana (PMUY), experts say.

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Oil Prices Fall More Than 1% Amid Global Market Rout

Oil Prices Fall More Than 1% Amid Global Market Rout

Oil prices dropped by more than 1% on Tuesday, extending falls from the previous session as global financial markets tumbled lower in the wake of one of the biggest intraday fall ever registered on Wall Street.

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Adopt New Tech To Cut Coking Coal Use In Steel: Steel Secretary

Adopt New Tech To Cut Coking Coal Use In Steel: Steel Secretary

Union Steel Secretary Aruna Sharma today batted for adoption of new technology to reduce the use of coking coal in the production of steel.

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mandatory

Steel Ministry Keen To Be On Board For Iron Ore, Coking Coal Issues, Says Steel Secretary

The Union steel ministry hopes to have a fair say in raw material issues, especially those affecting Indian steel's competitiveness, and doesn't want direct control.

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Railways Plans To Install 12 Lakh CCTV Cameras In 8,500 Stations, 11,000 Trains

Railways Plans To Install 12 Lakh CCTV Cameras In 8,500 Stations, 11,000 Trains

In its endeavour to provide a safe and secure travel experience to passengers, India Railways is pitching for the procurement of about 12 lakh CCTV cameras to ensure state-of-the-art surveillance systems in all trains and stations across the country.

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160-km Sub-Urban Railway Network To Resolve Traffic Woes In Bengaluru: PM Modi

160-km Sub-Urban Railway Network To Resolve Traffic Woes In Bengaluru: PM Modi

Prime Minister Narendra Modi on Sunday addressed ‘Parivartan Rally’ in Bengaluru. In his speech, PM Modi hailed the Union Budget 2018 saying it has solved one major problem of Karnataka, that is, traffic jam.

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Railway Recruitment Board 2018: Aadhaar Must To Apply For Exam For Railways; 26,000 Job Vacancies Announced On Indianrailways.gov.in

Railway Recruitment Board 2018: Aadhaar Must To Apply For Exam For Railways; 26,000 Job Vacancies Announced On Indianrailways.gov.in

Candidates who wish to apply for the 26,000 job vacancies in Railways through the Railway Recruitment Boards (RRBs) exam must have their Aadhaar number.

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L&T Construction Wins Orders Valued INR 2275 Crore

L&T Construction Wins Orders Valued INR 2275 Crore

The construction arm of Larsen & Toubro has won orders worth INR 2275 crore across various business segments.

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Border, Northeast Push Take Ministry Ahead Of NHAI In Road Project Awards

Border, Northeast Push Take Ministry Ahead Of NHAI In Road Project Awards

More than 15 years ago, the Bharatiya Janta Party (BJP) -led National Democratic Alliance (NDA) government of the time made an incumbent's election pitch around the so-called ‘India Shining’.

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CV Sales May Stay In Top Gear For Two Years On GST, Infra Boost

CV Sales May Stay In Top Gear For Two Years On GST, Infra Boost

Sales of medium and heavy commercial vehicles are set to reach a new high this financial year and continue the growth momentum into next year, with the positive rub-off from the government's infrastructure push and implementation of GST, as well as strict enforcement of rules against overloading driving demand.

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Shortage Of Rails Stymies Track Renewal Work For Indian Railways

Shortage Of Rails Stymies Track Renewal Work For Indian Railways

Indian Railways is set to miss its target of 3,500 km of new tracks, gauge conversion and doubling/tripling for capacity augmentation due to a shortage in supply of rails, and available rails are being diverted for renewal of existing tracks.

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Green Route: 2.3 MWp Solar Plant For Kochi Metro Rail Ltd

Green Route: 2.3 MWp Solar Plant For Kochi Metro Rail Ltd

Kochi Metro Rail Ltd on Monday signed a power purchase agreement (PPA) with AMP Solar India Private Ltd under which the latter will supply 2.3 MWp solar power to the agency.

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Delhi Weather: At Least 22 Trains Cancelled Due To Cloudy Tuesday Morning In City

Delhi Weather: At Least 22 Trains Cancelled Due To Cloudy Tuesday Morning In City

It was a generally cloudy morning with shallow fog here on Tuesday and the minimum temperature was recorded at 11.6 degrees Celsius, two notches above the seasons’s average, the weather office said.

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