GOOD MORNING INDIA

June 20, 2018, Wednesday

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

India Slips To 6th Spot In Biz Optimism Index; Sentiment Weakest Since 2014: Thornton

India Slips To 6th Spot In Biz Optimism Index; Sentiment Weakest Since 2014: Thornton

With business sentiment at the "weakest" in four years, India slipped to the 6th position globally in the business optimism index for the first quarter of this year, says a survey.

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RBI Not In Favour Of Forbearance For Stressed Power Assets, Says Power Secretary

The Reserve Bank of India is not in favour of giving any special forbearance for stressed power projects, Power Secretary Ajay Kumar Bhalla said. The regulator rarely makes allowances for specific sectors and that priniciple will extend to the power sector as well, Bhalla told BloombergQuint in an interview.

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Renewable Power Sector Employs Over One Crore People Globally; Solar Leads The Clean Energy Drive

Renewable Power Sector Employs Over One Crore People Globally; Solar Leads The Clean Energy Drive

With the countries across the globe gradually moving towards clean energy in sync with their goals under the Paris Agreement on climate change, jobs in the renewable energy sector globally crossed 10 million mark in 2017.

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Power Producers Seek Tweaks In Tender Norms For 1,000 MW Gulf Of Khambhat Offshore Wind Project

Power Producers Seek Tweaks In Tender Norms For 1,000 MW Gulf Of Khambhat Offshore Wind Project

Power producers and transmission companies are expected to meet Power and New & Renewable Energy Minister RK Singh in an attempt to get revised India’s first offshore wind tender, invited by the New and Renewable Energy (MNRE) in April.

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Tata Steel Moves NCLAT Over Liberty House Bid For Bhusan Power

Tata Steel Moves NCLAT Over Liberty House Bid For Bhusan Power

Tata Steel has moved the National Company Law Appellate Tribunal (NCLAT) challenging the order of NCLT, which had last month directed the CoC of debt ridden Bhushan Power & Steel to consider the bid of UK-based Liberty House.

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Renew Power Files For IPO That Could Raise $1 Billion

Renew Power Files For IPO That Could Raise $1 Billion

ReNew Power Ltd filed for an initial public offering on Tuesday that could raise more than $1 billion in one of India's biggest listings so far this year.

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Solar Leads India's Electricity Generation Transition: IEEFA

Solar Leads India's Electricity Generation Transition: IEEFA

India installed a record 10 gigawatts (GW) of solar electricity capacity in 2017-2018, twice the rate logged in the previous year and nearly double the country's entire solar base, the US-based Institute for Energy Economics and Financial Analysis said.

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India May Miss Rooftop Solar Target

India May Miss Rooftop Solar Target

While investors have been encouraged by India’s large ground-mounted, grid-connected solar parks, the rooftop solar segment had hit its stride in the last financial year.

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Gautam Adani Decision On Carmichael Mine In Limbo: Aus Consul General

Gautam Adani Decision On Carmichael Mine In Limbo: Aus Consul General

According to the Consul General of Australia Tony Huber, who is visiting Vadodara, Adani Group still has to take a decision on starting work on Carmichael mine, the country's largest coal mine.

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20 Districts In Telangana, 3 Districts In Andhra Pradesh To Get Piped Natural Gas Soon

20 Districts In Telangana, 3 Districts In Andhra Pradesh To Get Piped Natural Gas Soon

Urban areas in as many as 20 districts in the State are all set to get Piped Natural Gas (PNG), soon.

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NALCO Launches Electric Vehicle Service In Bhubneswar And Cuttack Station Free Of Cost

NALCO Launches Electric Vehicle Service In Bhubneswar And Cuttack Station Free Of Cost

Public sector NALCO has extended Electric Vehicle service in Bhubaneswar and Cuttack railway stations for the benefit of senior citizens, differently-abled passengers and sick people free of cost.

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Nepal Grants Power Generation Licence To Indian Company

Nepal Grants Power Generation Licence To Indian Company

Nepal has granted an Indian government-owned subsidiary the power generation licence from a 900-megawatt hydropower project, days ahead of Prime Minister Narendra Modi's two-day visit to the country from May 11.

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China Develops Battery To Store Renewable Energy

China Develops Battery To Store Renewable Energy

Chinese scientists have developed a lead carbon battery for storing power generated from solar panels and windmills and claimed that with such devices, the electricity supply is stable for use.

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Half Of India Will Have Access To Piped Natural Gas For Cooking Soon: Dharmendra Pradhan

Half Of India Will Have Access To Piped Natural Gas For Cooking Soon: Dharmendra Pradhan

Half of India will have access to piped natural gas for cooking and driving after the conclusion of the 9th round of city gas licensing in which bids are being sought for 86 geographical areas covering 174 districts, Oil Minister Dharmendra Pradhan has said.

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Multi Commodity Exchange To Launch Crude Oil Options On May 15

Multi Commodity Exchange To Launch Crude Oil Options On May 15

India's Multi Commodity Exchange (MCX) will launch the country's first crude oil options contract on May 15, the exchange said in a statement on Tuesday.

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IOC says oil PSUs froze fuel prices to avoid consumer pain

IOC says oil PSUs froze fuel prices to avoid consumer pain

With oil PSUs deciding not to hike petrol and diesel prices ahead of Karnataka elections, IOC Chairman Sanjiv Singh today said the company has decided to “temporarily moderate” prices to avoid sharp spikes and panic among consumers.

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Increase In Global Fuel Prices Not Supported By Market Fundamentals, Will Pass On The Increase Soon: IOC Chief

Increase In Global Fuel Prices Not Supported By Market Fundamentals, Will Pass On The Increase Soon: IOC Chief

The recent rise in benchmark international fuel prices is not supported by market fundamentals and Indian Oil Corporation (IOC) has decided not to immediately pass on the rise in prices in order to ensure consumers do not panic, Sanjiv Singh, the Chairman of the country’s largest fuel retailer said.

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Oil Rebounds On Report Trump Plans Tougher Iranian Sanctions

Oil Rebounds On Report Trump Plans Tougher Iranian Sanctions

Crude plunged, then rebounded a bit after a report that U.S. President Donald Trump has told his French counterpart he’ll abandon the Iranian nuclear accord and enact a tougher round of sanctions.

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Oil And Coal Executives Clamored For EPA Chief, Records Show

Oil And Coal Executives Clamored For EPA Chief, Records Show

The pleas began almost as soon as Scott Pruitt became Environmental Protection Agency administrator: requests from oil executives, coal miners and energy lobbyists desperate to nab time with the newly confirmed regulator.

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Poland Cuts Dependence On Russian Crude Oil But At A Cost -report

Poland Cuts Dependence On Russian Crude Oil But At A Cost -report

Poland's imports of Russian oil last year fell to their lowest level since 2005, a central bank report published on Tuesday showed, though Warsaw's bid to diversify its energy imports also meant paying higher prices.

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India To Build Raxaul-kathmandu Rail Line; Announcement During PM’s Nepal Visit

India To Build Raxaul-kathmandu Rail Line; Announcement During PM’s Nepal Visit

India will build a strategic railway link between Raxaul in Bihar and Kathmandu in Nepal to facilitate people-to-people contact and bulk movement of goods.

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Indian Railways To Adopt Artificial Intelligence System To Ensure Hygienic Food For Passengers Onboard

Indian Railways To Adopt Artificial Intelligence System To Ensure Hygienic Food For Passengers Onboard

The Indian Railways has adopted artificial intelligence system to ensure hygienic food for passengers onboard.

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How Indian Railways Helping These People Realise Civil Services Dream

How Indian Railways Helping These People Realise Civil Services Dream

Being surrounded by books is a matter of routine for civil services aspirants, but Sreenath K, a coolie who cleared the written test of the Kerala Public Service Commission

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Secunderabad Railway Station Head Towards Energy Efficiency, Bags Award For Beautification

Secunderabad Railway Station Head Towards Energy Efficiency, Bags Award For Beautification

With escalators at all 10 platforms and lifts installed, and a host of new passenger amenities added recently, Secunderabad railway station (SCR) has become one of the most user-friendly stations in the country now.

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Indian Railways Introduces More Humsafar Express Trains: 10 Things To Know

Indian Railways Introduces More Humsafar Express Trains: 10 Things To Know

Indian Railways is introducing a new Humsafar Express train between Anand Vihar Terminal, Delhi and Allahabad, Uttar Pradesh. This was said by the Northern Railway in a press release on Monday. Northern Railway caters to one of the zones served by Indian Railways, the largest employer in India.

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70% Train Coaches under South Western Railway get a clean makeover with bio-toilets

70% Train Coaches under South Western Railway get a clean makeover with bio-toilets

With 70% of coaches fitted with bio-toilets, the South Western Railway (SWR) is set to eliminate toilets with open discharge system in its passenger trains.

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AADHAAR may become mandatory to book Train Tickets on IRCTC

AADHAAR may become mandatory to book Train Tickets on IRCTC

Your Aadhaar card could soon become mandatory to book railway tickets if the recommendation of a new railway report is implemented.

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700-800 km Long Hyderloop Transportation System Proposed in Andhra Pradesh

700-800 km Long Hyderloop Transportation System Proposed in Andhra Pradesh

Hyperloop Transportation Technologies on Monday proposed to set up the Hyperloop transportation system in Andhra Pradesh connecting Anantapur-Amaravati-Vijayawada and Visakhapatnam as part of a 700-800-km-long integrated public transit system.

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YESTERDAY'S HEADLINES

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