GOOD MORNING INDIA

December 12, 2018, Wednesday

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

Government Approves Restructuring Of Indian Bureau Of Mines

Government Approves Restructuring Of Indian Bureau Of Mines

The government today approved the restructuring of Indian Bureau of Mines to reform the mineral sector regulation.

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Government Has Doubled Spend On Rural Electrification In 4 Years: RK Singh

Government Has Doubled Spend On Rural Electrification In 4 Years: RK Singh

The central government’s expenditure on rural electrification has more than doubled to Rs 24,890 crore in the past four years since the Narendra Modi government was formed, Union power minister RK Singh has said.

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Tata Power Posts Rs 1,477 Crore Profit For Fourth Quarter

Tata Power Posts Rs 1,477 Crore Profit For Fourth Quarter

Private power generator Tata Power today reported a net profit of Rs 1,477.50 crore for the quarter ended March 2018 as compared to a loss of Rs 226.93 crore in the corresponding quarter previous fiscal (2016-17).

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Coal India Achieves 17 Per Cent Production Growth In April

Coal India Achieves 17 Per Cent Production Growth In April

State-run miner Coal India Ltd (CIL) increased supplies to power sector by 14 per cent on the back of a 17 per cent rise in production and a 13 per cent growth in sales during April 2018.

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Is India Ready For Renewable Energy?

Is India Ready For Renewable Energy?

The Ministry of New and Renewable Energy (“MNRE”) has been taking several steps to ensure a clean energy future for the country. As part of its year-end review, the Ministry declared its plans of coming up with the largest renewable capacity expansion programme in the world.

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India’s Maharashtra state launches 1-GW solar tender

India’s Maharashtra state launches 1-GW solar tender

The Maharashtra State Electricity Distribution Co Ltd (MSEDCL) is seeking companies willing to take part in the deployment of 1,000 MW of solar parks in the western Indian state.

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Clean Energy Sector Swings Republican With U.S. Campaign Donations

Clean Energy Sector Swings Republican With U.S. Campaign Donations

U.S. solar and wind energy companies have donated far more money to Republicans than Democrats in congressional races this election cycle, according to a Reuters analysis of campaign finance data, an unprecedented tilt to the right for an industry long associated with the environmental left.

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Reden Looks To M&A To Take Advantage Of France's Solar Power Push

Reden Looks To M&A To Take Advantage Of France's Solar Power Push

Reden Solar, a niche solar energy player backed by private equity funds, is looking to buy solar projects to take advantage of a government push to boost renewable energy in France.

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Hydrocarbon Block Auction: Vedanta Cairn, ONGC Bids Help The Government Spare Blushes

Hydrocarbon Block Auction: Vedanta Cairn, ONGC Bids Help The Government Spare Blushes

Vedanta Cairn, operator of the prolific Barmer field in Rajasthan, bid aggressively, while eight other companies, including state-run ONGC, Oil India, Indian Oil and GAIL (India) also put in their bids for the 55 hydrocarbon blocks offered under the Open Acreage Licensing Policy (OALP), a critical part of the March 2016-launched Hydrocarbon Exploration Licensing Policy (HELP).

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India’s First FSRU-based LNG Terminal Inaugurated And Dedicated To The Nation By Maharashtra CM Devendra Fadnavis

India’s First FSRU-based LNG Terminal Inaugurated And Dedicated To The Nation By Maharashtra CM Devendra Fadnavis

-Energy Gateway Private Ltd. (the energy venture of Hiranandani Group) today launched India’s first Floating Storage Re-gasification Unit (FSRU) based LNG terminal at JSW Jaigarh Port in Ratnagiri District, Maharashtra.

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Oil Price Hike Could Spell Trouble

Oil Price Hike Could Spell Trouble

Finance ministry officials are feeling the heat and not just because of the summer. India imported 18.7 million tonne (MT) of crude oil in March at an average price of $63.8 per barrel while it was $63.54 per barrel in February.

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As Crude Prices Rise, Chinks In India's Economic Armour Are Exposed

As Crude Prices Rise, Chinks In India's Economic Armour Are Exposed

From about the beginning of 2017, even skeptics had to admit, India looked to be recovering from a growth slowdown.

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'BPCL To Shut Bina Refinery From Mid-september For 45 Days'

'BPCL To Shut Bina Refinery From Mid-september For 45 Days'

Bharat Petroleum Corp Ltd will shut its 120,000 barrels per day (bpd) joint venture Bina refinery from mid-September for 45 days to expand its capacity by 30 percent, its head of refineries said on Tuesday.

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ONGC To Invest Rs 17,615 Cr To Drill Record 535 Wells

ONGC To Invest Rs 17,615 Cr To Drill Record 535 Wells

State-owned ONGC today said it will invest Rs 17,615 crore in the current fiscal to drill a record 535 wells to augment oil and gas production.

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Nine Companies In The Race For 55 Oil And Gas Blocks Under First OALP Auction

Nine Companies In The Race For 55 Oil And Gas Blocks Under First OALP Auction

Nine companies have submitted 110 bids for prospecting 55 oil and gas blocks that were put up for the first auction by the government under the new Open Acreage Licensing Programme (OALP).

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Here Is India’s Oil Story

Here Is India’s Oil Story

The colonial era saw the first oilfield being developed by the Assam Oil Company, a private entity, in Digboi in Tinsukia district of Assam, where oil was discovered barely eight years after Edwin L Drake drilled the world’s first oil well in 1859 in Titusville, Pennsylvania, US.

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India's first floating regasification terminal to start operations in Q4 2018

India's first floating regasification terminal to start operations in Q4 2018

India's first floating storage and regasification terminal or FSRU could begin importing LNG as early as the fourth quarter of this year on the country's west coast, the project's developer H-Energy Gateway Private Ltd and France's Engie, said in separate statements this week.

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Railway Clients Get Approval To Buy Their Own Freight Rakes

Railway Clients Get Approval To Buy Their Own Freight Rakes

In a move that displaces Indian Railways from the position of being the sole buyer of general purpose wagons in the country, the government has decided to allow freight clients to buy and then offer them to the national transporter.

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Mumbai-Pune Expressway Aims To Be 'zero Accident Zone' In Two Years

Mumbai-Pune Expressway Aims To Be 'zero Accident Zone' In Two Years

The scenic, busy 95km stretch of Mumbai-Pune Expressway is one of the deadliest highways in the country. The expressway, which runs across mountains and plateaus, and through a heavy rainfall receiving region, isn't exactly friendly to drivers.

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UP Cabinet Gives Nod To A Number Of Road Projects

UP Cabinet Gives Nod To A Number Of Road Projects

The Uttar Pradesh Cabinet today gave its approval to a number of road projects in the state which would be carried out with the help of Asian Development Bank (ADB) or the World Bank. These projects would be completed in 18 to 24 months.

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Madurai Junction Is Second Most Beautiful Station In The Country

Madurai Junction Is Second Most Beautiful Station In The Country

The Madurai railway division’s move to beautify the walls of the Madurai Junction station with the help of local artists has yielded results as it has been adjudged the second most beautiful station in India by the ministry of railways.

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India infrastructure output growth slows to three-year low in 2017-18

India infrastructure output growth slows to three-year low in 2017-18

India's infrastructure growth slowed to a three-year low of 4.2 per cent in the fiscal year ending in March, indicating Prime Minister Narendra Modi faces a tough challenge to boost investment ahead of general elections due early next year.

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Railways To Stop 73 Night Trains On Metre Gauge To Avoid Mishaps At Unmanned Crossings

Railways To Stop 73 Night Trains On Metre Gauge To Avoid Mishaps At Unmanned Crossings

At least 73 trains will be impacted every day with the Railways deciding to cancel night journeys of trains running on the metre gauge network to prevent accidents at unmanned level crossings. The Railways will shortly announce a date from which metre gauge trains will stop running at night. The decision came less than a week after 13 children were …

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Indian Railways offers affordable Vaishnodevi pilgrimage tour; just log on to irctctourism.com

Indian Railways offers affordable Vaishnodevi pilgrimage tour; just log on to irctctourism.com

Indians are fond of going on pilgrimages. And certain places have become must-visit areas on the to-do list of travellers. Among them is paying a visit tio Vaidhnodevi shrine.

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Railway eases e-reverse auction process

Railway eases e-reverse auction process

In a bid to reduce expenditure on procurement, the Ministry of Railways has issued a new set of guidelines for electronic auction/reverse auction for works, services and earnings tenders.

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Rail Darpan covers the journey of Western Railway

Rail Darpan covers the journey of Western Railway

Western Railway’s in-house publication, Rail Darpan, writes about the glorious past of Western Railway (WR) and speaks about its bright future. It is a magazine that highlights the services rendered by WR to its millions of commuters and the hard work of its people to drive progress and safeguard its passengers.

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