GOOD MORNING INDIA

October 15, 2018, Monday

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

PowerGrid to electrify

All Villages In Country Electrified Ahead Of The Deadline: PM Narendra Modi

The country has achieved the target of electrifying its villages 12 days ahead of a deadline set by Prime Minister Narendra Modi, the government said on Sunday, which could give the ruling party a boost ahead of a general election in 2019.

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Renewable Power Developers Headed For Transmission Woes

Renewable Power Developers Headed For Transmission Woes

Renewable energy developers are worried that transmission facilities are not keeping pace with power generation even as 12,000 MW of solar projects under construction and another 7,000 MW of wind projects have been bid out since wind auctions began in February 2017.

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Spot Power Prices To Be Around Rs 4/unit In May, June: Experts

Spot Power Prices To Be Around Rs 4/unit In May, June: Experts

Spot power prices in the country are unlikely to surge in the next two months and hover around Rs 4 per unit in view of availability renewables, mainly wind energy, experts say.

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Coal Mining: Changing Supply Paradigm Could Take 7-10 Years, More Needed To Rid Sector Of Woes

Coal Mining: Changing Supply Paradigm Could Take 7-10 Years, More Needed To Rid Sector Of Woes

The government’s recent move to allow commercial mining of coal, and notification of the methodology for auctions sets the stage for a change in India’s coal supply paradigm.

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Blast At India-developed Hydroelectricity Project In Nepal Weeks Before Inauguration By Modi

Blast At India-developed Hydroelectricity Project In Nepal Weeks Before Inauguration By Modi

A bomb exploded today at the office of a hydroelectricity project being developed with Indian assistance in eastern Nepal, an official said, weeks before its inauguration by Prime Minister Narendra Modi.

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State Bank Of India Plans Recast Of Stressed Power Assets

State Bank Of India Plans Recast Of Stressed Power Assets

State Bank of India (SBI) is preparing a major debt restructuring and takeover plan for stressed power assets, to improve valuations and attract new owners with incentives and a quick resolution process.

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Corporate Funding In Solar Sector Declines 65% To USD 2 Bn In Q1 2018: Report

Corporate Funding In Solar Sector Declines 65% To USD 2 Bn In Q1 2018: Report

The global solar sector witnessed total corporate funding of USD 2 billion in the first three months of 2018, a decline of 65 per cent over the previous quarter, as per a report by clean energy consulting firm Mercom Capital Group.

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Can Power Sector Bring Back The Golden Days Of Capital Goods?

Can Power Sector Bring Back The Golden Days Of Capital Goods?

The growth of the capital goods industry had been subdued over the last 6-7 years.

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Energy Ties With US: Time For India To Strike A Balance

Energy Ties With US: Time For India To Strike A Balance

As India moves forward aligning itself with America to satisfy its energy appetite, a challenge before New Delhi would be to strikea perfect balance between the US and OPEC as well as Russia, without damaging relationship.

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World's First Floating Nuclear Power Plant Put To Sea By Russia

World's First Floating Nuclear Power Plant Put To Sea By Russia

Akademik Lomonosov, the world's first "floating" nuclear power plant (FNPP) for installation in remote areas, has headed out on its first sea voyage from this Baltic shipyard here, Russian state-run atomic energy corporation Rosatom said.

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Reliance To Shut Oil, Gas Fields In KG-D6 Block

Reliance To Shut Oil, Gas Fields In KG-D6 Block

Reliance Industries plans to shut oil and gas production at its main fields in KG-D6 block in the coming months and begin complying with the government's guidelines for decommissioning facilities in the Bay of Bengal block where output has hit its lowest ever.

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Petrol Prices In Delhi, Kolkata, Chennai Stay At Peaks For 6th Day ; Check Rates Here

Petrol Prices In Delhi, Kolkata, Chennai Stay At Peaks For 6th Day ; Check Rates Here

Petrol price in India today: The state-owned oil companies once again decided to keep rates of petrol price unchanged for sixth consecutive day on Sunday in various state capitals in India.

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Pradhan Inaugurates LPG Bottling Plant In Odisha

Pradhan Inaugurates LPG Bottling Plant In Odisha

Union Petroleum Minister Dharmendra Pradhan on Sunday launched three projects in Odisha, including a liquefied petroleum gas (LPG) bottling unit in Balasore district.

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Karnataka Poll Effect? Fuel Prices Not Revised For Six Days

Karnataka Poll Effect? Fuel Prices Not Revised For Six Days

State oil companies have not revised prices of petrol and diesel for almost a week in an apparent suspension of their freedom to alter prices daily in line with fluctuations in international fuel and exchange rates.

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IOC Targets Marketing Arm Of GAIL

IOC Targets Marketing Arm Of GAIL

State-owned refiner Indian Oil Corporation has expressed its interest in acquiring the marketing arm of gas transporter GAIL India, as the government plans to split the firm into two before the end of this fiscal.

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Why India's Fuel Prices Are Sky-High When Oil Isn't: Quicktake

Why India's Fuel Prices Are Sky-High When Oil Isn't: Quicktake

With rising crude prices still at half their record high, drivers in much of the world are still enjoying pain-free visits to the pump.

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Saudi Aramco Appoints First Woman To The Board

Saudi Aramco Appoints First Woman To The Board

Saudi Aramco, the world's top oil company which is preparing to go public, said on Sunday it has appointed new members to its board including a female executive, a milestone for Saudi Arabia and the oil industry where there are few women executives.

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Sri Lanka Raises LPG Price After Rise In Petroleum Prices, Fall In Rupee

Sri Lanka Raises LPG Price After Rise In Petroleum Prices, Fall In Rupee

Sri Lanka raised liquefied petroleum gas (LPG) prices with effect from Saturday after a recent rise in petroleum prices and the depreciation of the rupee currency made LPG imports more expensive.

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Like Airports, Railways Plans Designated Parking Space For App Based Cabs

Like Airports, Railways Plans Designated Parking Space For App Based Cabs

Railways plan to provide parking spaces for app-based cab services within station premises to enable passengers get their next mode of transport within minutes of their arrival.

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Railway Ministry Asks ECoR To Keep An Eye On Explosives Being Carried In Trains

Railway Ministry Asks ECoR To Keep An Eye On Explosives Being Carried In Trains

Railway ministry has asked senior officials of its railway zones, including East Coast Railway (ECoR), to take all necessary measures in coordination with police and intelligence agencies to avoid any untoward incident on trains or tracks.

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China-india Projects To Include ‘Railway Line’

China-india Projects To Include ‘Railway Line’

The Ministry of Economy (MoE) on Sunday said China and India have agreed to implement joint development projects in Afghanistan and that a railway line between Afghanistan, Tajikistan, Kyrgyzstan, Iran and China is one of these projects.

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How India’s First Bullet Train Project Is Taking A Leaf Out Of PM Modi’s ‘chai Pe Charcha’

How India’s First Bullet Train Project Is Taking A Leaf Out Of PM Modi’s ‘chai Pe Charcha’

Bullet train project: Indian Railways has decided to take a leaf out Prime Minister Narendra Modi’s ‘chai pe charcha’!

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Good Work Practices From Railway Zones, Units To Be Replicated Nationally

Good Work Practices From Railway Zones, Units To Be Replicated Nationally

Automation to curb overloading and providing reserved parking for cabs are some of the good work practices in certain Railway zones and production units that will soon be implemented nationally.

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Mumbai-Ahmedabad Bullet Train: Talks With Affected Families To Be Fast-tracked For Land Acquisition

Mumbai-Ahmedabad Bullet Train: Talks With Affected Families To Be Fast-tracked For Land Acquisition

The National High Speed Railway Corporation Limited (NHSRCL), executing the high speed Mumbai-Ahmedabad bullet train project, wants to accelerate talks with project affected families (PAP) in Palghar and Thane districts, officials said.

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Bandra-worli Sea Link: Traffic Falls 13% In 2017-18

Bandra-worli Sea Link: Traffic Falls 13% In 2017-18

Traffic on Mumbai’s Bandra-Worli sea link fell 13% in 2017-18, the first fall in five years, with the average daily number of vehicles that used the road at 32,312.

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