GOOD MORNING INDIA

August 21, 2018, Tuesday

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

UDAY Scheme Impact: Now, Complacency To Cost Electricity Discoms Dear

UDAY Scheme Impact: Now, Complacency To Cost Electricity Discoms Dear

If the state governments still wanted to keep electricity subsidies, they should give these to the intended beneficiaries via the direct benefit transfer (DBT) route, rather than burden the distribution companies (discoms) by making them the transfer agents, power minister RK Singh said.

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Oil Companies Offer Subsidy To Dealers To Install Solar Rooftop Systems

Oil Companies Offer Subsidy To Dealers To Install Solar Rooftop Systems

The three state-owned oil marketing companies (OMCs) are on a solarisation spree, to reduce “consumption of hydrocarbon fuels” and “improve public perception” of themselves.

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Work together to mitigate climate change menace: PM Modi

Work together to mitigate climate change menace: PM Modi

Prime Minister Narendra Modi on Sunday appealed to everyone to work together to mitigate the menace of climate change as a way to pay tribute to the environment on Earth Day.

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Get ready, green Metro stations coming

Get ready, green Metro stations coming

Airport South is reportedly the first Metro station in the country to implement the Bio-digester technology which was dedicated to the Swachh Bharat Mission by the Defence Research and Development Organization.

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No question of coal shortage during monsoon: Secy

No question of coal shortage during monsoon: Secy

Ruling out any possibility of dry coal shortage in the upcoming monsoon season, the Coal Ministry said it has sufficient stocks to meet the demand of power plants.

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Mundra Solar eyes to become $1 bn company in 2-3 years

Mundra Solar eyes to become $1 bn company in 2-3 years

Mundra Solar PV, the solar photovoltaic manufacturing arm of diversified Adani Group, looks to become a $1 billion company over the next 2-3 years, a top company official said.
...

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SBI to save Rs 30 cr p.a. from wind, solar power investments

SBI to save Rs 30 cr p.a. from wind, solar power investments

The country's largest lender SBI today said it has saved Rs 125 crore in the last eight years by putting up 10 windmills, and expects to save Rs 30 crore annually through its renewable energy investments.
...

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Insolvency proceedings: Uttam Galva Steels asks lenders for counter-offer

Insolvency proceedings: Uttam Galva Steels asks lenders for counter-offer

Uttam Galva Steels, one of the companies undergoing insolvency proceedings at the National Company Law Tribunal (NCLT), has asked for a counter offer from its lenders at a joint lenders' meeting.

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Making water-smart energy choices for development

Making water-smart energy choices for development

With global water supplies already strained, the shift to a water-smart approach to energy could not be more urgent.

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How Indian companies are aligning with UN’s SDG 12

How Indian companies are aligning with UN’s SDG 12

Even as larger issues around sustainability take centre stage in the wake of World Earth Day, some companies have been implementing responsible consumption practices for a greener workplace.
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ICICI-Videocon loan case: Sebi may seek forensic probe of bank books, disclosures

ICICI-Videocon loan case: Sebi may seek forensic probe of bank books, disclosures

Sebi is considering to get a forensic test done on financial statements and disclosures made by ICICI Bank amid a row over alleged conflict of interest involving the lender’s CEO Chanda Kochhar and her husband.
...

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Private power cos allowed to sell over 1MW directly to firms

Private power cos allowed to sell over 1MW directly to firms

After nearly a decade, the Tamil Nadu government has allowed private power companies based in the state to sell more than 1MW of power directly to industrial consumers.

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National Geographic to air documentary on Ujjwala Yojana

National Geographic to air documentary on Ujjwala Yojana

The NatGeo documentary on Pradhan Mantri Ujjwala Yojana features four women and the transformation in their lives after the introduction of the LPG cylinder
...

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Oil companies offer subsidy to dealers to install solar rooftop systems

Oil companies offer subsidy to dealers to install solar rooftop systems

The three state-owned oil marketing companies (OMCs) are on a solarisation spree, to reduce “consumption of hydrocarbon fuels” and “improve public perception” of themselves.

Read more

Fuel marketers may have to continue paying higher debit card fees

Fuel marketers may have to continue paying higher debit card fees

State-owned fuel marketers will continue paying debit card transaction fees of 0.75% on behalf of their dealers, as banks have refused their request to lower the rate to 0.65%, two officials aware of the development said.

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Rail Ministry Entity To Raise Rs 40 Billion For Station Redevelopment

Rail Ministry Entity To Raise Rs 40 Billion For Station Redevelopment

The first phase of the rail ministry’s Rs1-trillion station redevelopment plan is set to take off soon.

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Indian Railways readies for world’s largest recruitment drive; 25 million applications for 90,000 jobs

Indian Railways readies for world’s largest recruitment drive; 25 million applications for 90,000 jobs

India’s biggest employer gears up to carry out recruitment exercise for the 25 million people who have applied for 90,000 vacancies

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Delhi-Mumbai Rajdhani Express @160 kmph; this is Indian Railways mammoth plan for Golden Quadrilateral routes

Delhi-Mumbai Rajdhani Express @160 kmph; this is Indian Railways mammoth plan for Golden Quadrilateral routes

Imagine a Delhi-Mumbai Rajdhani Express train that is able to achieve a semi-high speed of 160 kmph! If Modi government is able to implement its new project, then it may be the first big step to turn this dream into a reality in the coming years.

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Piyush Goyal explores Quora to connect with Young India

Piyush Goyal explores Quora to connect with Young India

Railway Minister Piyush Goyal is exploring question-and-answer site Quora to connect with young India.

Formed in 2009, Quora essentially operates in a question-and-answer mode.

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Rail Ministry entity to raise Rs 40 billion for station redevelopment

Rail Ministry entity to raise Rs 40 billion for station redevelopment

In the new plan, Indian Railways will offer 20 per cent of the overall area redeveloped for residential purposes; the remaining 80 per cent area will be utilised commercially

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Railways are phasing out asbestos, a suspected health hazard

Railways are phasing out asbestos, a suspected health hazard

In June 2009, this journalist had reported that the broken-down asbestos roof of a pedestrian foot bridge in a railway station in Mumbai was being replaced by metal sheets.

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Indian Railways Offers Up To 100% Concession On Ticket Prices To Some Passengers. Details Here

Indian Railways Offers Up To 100% Concession On Ticket Prices To Some Passengers. Details Here

Indian Railways offer concessions on ticket prices to different categories and the quantum of these concession ranges from 25 per cent to 100 per cent.

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Logistics firm Rivigo is building a long-haul trip with its drivers

Logistics firm Rivigo is building a long-haul trip with its drivers

When Deepak Garg, an ex-McKinsey executive, set out to do the homework before setting up a logistics start-up, he discovered that trucks drivers are branded as the 37th caste (he wasn’t even aware that India had 36 castes).

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Western Railway celebrates World Earth Day

Western Railway celebrates World Earth Day

Due to Western Railway’s contribution towards better and greener environment, annual saving of more than Rs.30 Crore ensured – a glance into Western Railway’s initiatives on the occasion of “WORLD EARTH DAY”

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Goa Shipyard to go public next year; eyes Rs 50-bn revenue in 5 years: CMD

Goa Shipyard to go public next year; eyes Rs 50-bn revenue in 5 years: CMD

Goa Shipyard Limited has planned to get listed on the bourses over the next one year, a top official said.

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IIFCL tears into Jaypee Infra bid evaluation process, calls for fair review

IIFCL tears into Jaypee Infra bid evaluation process, calls for fair review

A key lender to bankruptcy-hit Jaypee Infratech has ripped apart the bid evaluation process followed by the resolution professional conducting the auction of the firm, saying it has “serious deficiencies and shortcomings”.

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