GOOD MORNING INDIA

October 23, 2018, Tuesday

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

Merchant Renewable Energy Plants Get Fillip From CERC

Merchant Renewable Energy Plants Get Fillip From CERC

Power regulator Central Electricity Regulatory Commission (CERC) has paved way for serious merchant renewable power plants by issuing guidelines for long-term transmission access while prescribing stringent rules against squatting and line underutilisation.

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Govt Allows One-time Coal Linkage Rationalisation For Power Producers

Govt Allows One-time Coal Linkage Rationalisation For Power Producers

The government has issued guidelines to allow power producers to swap coal supply assurances in exchange for lowering of tariffs.

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MoUs Worth Rs 1,500 Cr Signed With UK: Khattar

MoUs Worth Rs 1,500 Cr Signed With UK: Khattar

Haryana Chief Minister Manohar Lal Khattar today said ten memoranda of understanding (MoUs) were signed with the UK for various projects entailing investment of around Rs 1,500 crore with employment potential for around 1,000 persons.

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India May Miss Solar, Wind Energy Targets By 2022, Says CEO Survey

India May Miss Solar, Wind Energy Targets By 2022, Says CEO Survey

India may not achieve its renewable energy target of having 100 GW of solar energy and 60 GW of wind power by 2022, as per a survey conducted by a consulting firm Bridge to India.

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As India's Power Supply Improves, OMCs See Drop In Telcos' Diesel Demand

As India's Power Supply Improves, OMCs See Drop In Telcos' Diesel Demand

State-run oil marketing companies (OMCs) are witnessing a steady decline in diesel demand from the mobile tower segment, once seen as an important end-user of diesel in the country.

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ACME Wins 250 Mw Solar Power Project Under MSEDCL Tender

ACME Wins 250 Mw Solar Power Project Under MSEDCL Tender

ACME Group today announced it has won a 250 Megawatt (Mw) Solar Photo Voltaic (PV) project in a reverse auction invited by Maharashtra State Electricity Distribution Co (MSEDCL) on 14 May 2018.

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Cabinet Approves Metro Line Extension In Noida

Cabinet Approves Metro Line Extension In Noida

The Union cabinet chaired by Prime Minister Narendra Modi today approved the National Policy on Biofuels which allows blending of ethanol produced from damaged foodgrains, rotten potatoes, corn and sugar beet with petrol to cut oil imports by Rs 4,000 crore this year alone. 

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Govt Clears Coal Linkage Methodology For Power Producers

Govt Clears Coal Linkage Methodology For Power Producers

The government today said it has finalised the methodology for rationalisation of coal linkages for independent power producers (IPP).

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KSK Mahanadi No Longer Subsidiary Of KSK Energy Ventures

KSK Mahanadi No Longer Subsidiary Of KSK Energy Ventures

KSK Energy Ventures today said its arm KSK Mahanadi Power Company is ceased to be its subsidiary following invocation of pledged shares by a consortium of lenders upon default on repayment.

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Rupee Depreciation Set To Impact Investor Returns In Solar Power Projects

Rupee Depreciation Set To Impact Investor Returns In Solar Power Projects

The depreciating Rupee, if unhedged, will impact investor returns in the bidding for solar power projects in the event of a significant exchange rate variation between the time of bidding and the finalisation of module supply agreement.

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Tata Steel

Tata Steel Reports Q4 Net Profit At Rs 14,688 Crore

Domestic steel giant Tata Steel today reported consolidated net profit of Rs 14,688.02 crore for the fourth quarter ended March 31, 2018.

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Nuclear Power Reactors

India's Nuclear Major Wins Prestigious Russian Award

Nuclear Power Corporation India Limited (NPCIL)'s prestigious campaign "Atom on Wheels" has won international award under the category of world's best public communication campaign at the 10th anniversary of international event ATOMEXPO-2018 held at Sochi, Russia on May 14.

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Cabinet okays MoU between India, Morocco in mining, geology

Cabinet okays MoU between India, Morocco in mining, geology

The Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday gave its ex-post facto approval to the signing of MoU between India and Morocco in the field of mining and geology.

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India To Create Over 300,000 Jobs In Renewable Sector By 2022: International Labour Organisation

India To Create Over 300,000 Jobs In Renewable Sector By 2022: International Labour Organisation

Expressing optimism about job growth in the renewable energy sector, the International Labour Organisation (ILO) has said that India is set to create over 3 lakh new jobs in the wind and solar energy sector by 2022, Financial Express has reported.

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New hybrid wind and solar policy to boost large-scale renewable capacity addition

New hybrid wind and solar policy to boost large-scale renewable capacity addition

The latest policy promoting hybrid wind and solar projects by the government is a positive development for the renewable energy sector and is likely to help augment capacity addition in renewables on a larger scale, according to ICRA.

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JSW Steel to invest Rs 39,700 crore over three years in capacity enhancement

JSW Steel to invest Rs 39,700 crore over three years in capacity enhancement

JSW Steel, part of the $12 billion JSW Group, today announced it will invest Rs 39,715 crore over the next three years in significantly ramping up capacity, including two power plants, pellet project and coke over plants.

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German Prosecutors Probing Hack Of Energy Firm Last Year

German Prosecutors Probing Hack Of Energy Firm Last Year

Federal prosecutors are investigating a cyber attack on a subsidiary of German energy firm EnBW by unknown hackers last summer, the prosecutor's office said on Wednesday.

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Oil Prices Could Rise To $85 A Barrel By July, Warns Energy Expert Dan Yergin

Oil Prices Could Rise To $85 A Barrel By July, Warns Energy Expert Dan Yergin

Oil prices may continue to rally past 3½-year highs and all the way to $85 a barrel as soon as July, according to Pulitzer Prize-winning author and closely followed energy analyst Dan Yergin.

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For Big Oil, Reserve Size Matters Less Than Ever

For Big Oil, Reserve Size Matters Less Than Ever

A decade ago, the news that the world's top oil and gas companies had less than 12 years of production left in their reserves might have caused a panicked sell-off in their shares.

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Petrol Crosses Rs 75 Per Litre In Delhi

Petrol Crosses Rs 75 Per Litre In Delhi

Petrol prices continued to rise across the country on Wednesday and crossed the Rs 75 per litre mark in the national capital.

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Uttarakhand's first City Gas Distribution system inaugurated at Rudrapur

Uttarakhand's first City Gas Distribution system inaugurated at Rudrapur

Uttarakhand Chief Minister Trivendra Singh Rawat today inaugurated the state's first City Gas Distribution (CGD) network at Rudrapur in Udham Singh Nagar district.

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Cabinet Approves Metro Line Extension In Noida

Cabinet Approves Metro Line Extension In Noida

The Cabinet on Wednesday approved extension of metro rail network from Noida City Centre to Sector-62, which borders Ghaziabad in UP, with an investment of Rs 1,967 crore, Union Minister Ravi Shankar Prasad said here.

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Texmaco Bags Rs 200-cr Agartala-akhaura Rail Link Project

Texmaco Bags Rs 200-cr Agartala-akhaura Rail Link Project

May 16 Texmaco Rail and Engineering today said it has won a Rs 200-crore contract to construct a rail line between Agartala in India and Akhaura in Bangladesh.

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Indian Railway Unveils New Air Conditioned Coaches

Indian Railway Unveils New Air Conditioned Coaches

Travelling by Indian Railways air-conditioned coaches is set to get more panoramic! As a frequent train traveller, if you love looking out of the window of our air-conditioned three-tier or two-tier coach, then Indian Railways has good news for you.

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Govt. Apprised On MoU Between Indian Railways, SNCF Mobilites

Govt. Apprised On MoU Between Indian Railways, SNCF Mobilites

The Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday was apprised of the Memorandum of Understanding (MoU) between the Indian Railways (IR) and SNCF Mobilites (a company owned by France) on technical cooperation in the field of railways.

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India Issues An RFP For Acquiring 200 Kamov Helicopters From Russia

India Issues An RFP For Acquiring 200 Kamov Helicopters From Russia

India has moved a step further and reached a milestone in its project of procuring and co-producing 200 Kamov Ka-226T helicopters worth Rs 21,000 crore from Russia for the Indian Army and Indian Air Force, defence ministry officials privy to the matter said.

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IRCTC Tour Package: 4 Nights/5 Days 'scenic Andaman' Package From Rs 29,000

IRCTC Tour Package: 4 Nights/5 Days 'scenic Andaman' Package From Rs 29,000

IRCTC Tourism is offering a 4 Nights/5 Days 'Scenic Andaman' air tour package starting from Rs 29,000.

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