GOOD MORNING INDIA

June 23, 2018, Saturday

Greetings Of The Day From EnergyInfraPost.com!

YOUR MORNING NEWSLETTER IN ENERGY AND INFRASTRUCTURE FROM ACROSS THE MEDIA SPACE

State-Owned Green Energy Firm’s IPO Likely In June

State-Owned Green Energy Firm’s IPO Likely In June

Indian Renewable Energy Development Agency Ltd. is looking to sell 13.9 crore share through its initial public offer that may open in June this year.

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Coal India Urges Government To Help Recover Dues

Coal India Urges Government To Help Recover Dues

Dues of power plants to Coal India increased to Rs 12,300 crore at the end of February from Rs 9,000 crore in May last year, prompting officials of the state-run monopoly miner to request the power ministry to intervene and help recover the amount.

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Power Minister Assures Power Companies To Take Up New RBI Norms With Finance Ministry

Power Minister Assures Power Companies To Take Up New RBI Norms With Finance Ministry

Power minister RK Singh has assured private power companies that the ministry will take up the issue of new NPA norms with the finance ministry and the Reserve Bank of India, sources said.

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Power Minister R.K. Singh Meets IPPs, Assures Of Suitable Action To Resolve Their Problems

Power Minister R.K. Singh Meets IPPs, Assures Of Suitable Action To Resolve Their Problems

R K Singh, Union Minister of State (IC) Power and New & Renewable Energy held a meeting today with Independent Power Producers (IPPs) to discuss the issues faced by them and find out possible solutions.

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Auction Of Mines For Coal Sale To Bring Higher Investment: Piyush Goyal

Auction Of Mines For Coal Sale To Bring Higher Investment: Piyush Goyal

The government decision to auction coal mines for sale of dry-fuel in return will bring higher investment, create jobs and bring efficiency in the sector, Coal Minister Piyush Goyal said today.

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Stone Laid For CETC Photovoltaic Unit In Sri City

Stone Laid For CETC Photovoltaic Unit In Sri City

CETC (India), an ancillary of China Electronics Technology Group Corporation (CETC), performed the ground-breaking ceremony of its solar photovoltaic cell (PVC) manufacturing park (phase 1) on Thursday at Sri City in Andhra Pradesh.

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Shortage Looms, Maharashtra Set To Import Coal

Shortage Looms, Maharashtra Set To Import Coal

A LOOMING shortage in coal supply has pushed the state generation company to import coal, even as the central government had instructed it to use domestic coal.

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Coal India To Energise CBM Extraction Drive

Coal India To Energise CBM Extraction Drive

To energise India's CBM potential, Coal India has initiated the Coal Bed Methane extraction work from coal seams.

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Clean Energy: Tripping The Power Business

The thrust towards clean and cheaperenergy is tripping up major power companies that are underprepared for capacity building.

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India’s First Home-delivery Of Diesel Kicked Off In Pune By IOC

India’s First Home-delivery Of Diesel Kicked Off In Pune By IOC

In a first of its kind move in the country, Indian Oil Corporation (IOC), the nation’s largest fuel retailer, has started home-delivery of diesel in the city of Pune and intends to start pan-India soon.

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Gail India Proposes 7 U.S. LNG Cargo Swaps From Cove Point Facility

Gail India Proposes 7 U.S. LNG Cargo Swaps From Cove Point Facility

Gail India proposes swapping seven LNG cargoes across May-October 2018, according to the tender document and traders.

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OMCs Under Pressure; Indian Oil, BPCL, HPCL Down Upto 4%

OMCs Under Pressure; Indian Oil, BPCL, HPCL Down Upto 4%

Shares of oil marketing companies (OMCs) were under pressure falling by upto 4% on the BSE in intra-day trade.

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ONGC Sells May-loading Sokol Crude At Steady Premium - Sources

ONGC Sells May-loading Sokol Crude At Steady Premium - Sources

ONGC has sold a cargo of Russian Sokol crude to load on May 9-15 at a steady premium from the previous month, two trade sources said on Friday

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Reliance Industries Chairman Mukesh Ambani Accepts The ‘Drivers Of Change’ Award At The London Ceremony

Reliance Industries Chairman Mukesh Ambani Accepts The ‘Drivers Of Change’ Award At The London Ceremony

RIL’s demonstration of boldness was recognized by a panel of FT journalists and independent judges who selected the company out of six shortlisted businesses.

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Railways Installed Over 1 Lakh Bio-toilets In Trains: Government

Railways Installed Over 1 Lakh Bio-toilets In Trains: Government

The railways has installed more than one lakh bio-toilets in trains during 2015-2018, surpassing the target of 87,000 set by it, the government informed Parliament today.

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Railway Traffic

Railways To Use Mathematical Formula To Maximise Loco Usage, Increase Revenue

Now, a mathematical formula will be used to optimise the productivity of passenger trains by determining the number of locomotives required for each train, the railways said today.

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Higher Loading Plan By CIL To Push Railways’ Freight Volume

Higher Loading Plan By CIL To Push Railways’ Freight Volume

Going by the coal loading projections for Coal India (CIL) by the Ministry of Power, the Indian Railways is set to witness an incremental freight of 30-50 million tonne (MT) over the next three years on account of the fuel alone.

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Nitin Gadkari Promises Potable Sea Water At 5 Paise Per Litre In India

Nitin Gadkari Promises Potable Sea Water At 5 Paise Per Litre In India

Union Water Resources Minister Nitin Gadkari said on Friday that the country would soon have potable water from sea at five paise per litre.

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Politics Is All About Possibilities: Piyush Goyal

Politics Is All About Possibilities: Piyush Goyal

Hours after National Democratic Alliance (NDA) partner, the Telugu Desam Party (TDP), announced its decision to quit the ruling coalition, Union minister for railways and coal Piyush Goyal did not rule out the possibility of a patch-up.

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ADB To Lend India $120 Million For Improving Railway Infrastructure

ADB To Lend India $120 Million For Improving Railway Infrastructure

The Asian Development Bank (ADB) on Friday signed a $120 million loan agreement with India to improve operational efficiency of Indian railways by double-tracking and electrification of tracks along high-density corridors.

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Developed In Odisha

Large Investment Projects In Odisha Make Significant Progress

Implementation of large investment projects in Odisha have seen significant progress in recent months because of resolution of newly emerging issues and bottlenecks

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Foreign Secretary Red Flags China’s Connectivity Push Before Parliamentary Panel

Foreign Secretary Red Flags China’s Connectivity Push Before Parliamentary Panel

Even as connectivity becomes part of the strategic jostling by major powers in the region, the Modi government has red-flagged growing Chinese presence in India’s neighbourhood stressing the need for India to be more efficient in implementation of its own development projects in neighbouring countries.

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