GOOD MORNING INDIA

December 14, 2018, Friday

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

Captive Plants Cry Foul Over Govt Decision To Boost Supplies To Power Producers

Captive Plants Cry Foul Over Govt Decision To Boost Supplies To Power Producers

A captive power producers' body today warned that the government's decision to dedicate all coal supplies to central, state and independent power plants would bring the industry to a "standstill".

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Modi, Putin Focus On Economic Ties, Energy

Modi, Putin Focus On Economic Ties, Energy

Economic cooperation between India and Russia was in focus at the informal summit between Prime Minister Narendra Modi and President Vladimir Putin, Russian Foreign Minister Sergey Lavrov said on Monday.

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Bengaluru Start-up Ather Energy Launches Charging Infrastructure Network In The City

Bengaluru Start-up Ather Energy Launches Charging Infrastructure Network In The City

Ather Energy, a Bengaluru-based energy-focussed startup, today announced the launch of its charging infrastructure for electric vehicles EVs, AtherGrid.

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20 UP Sugar Mills Sold Electricity Worth Rs 20 Cr To Govt In 2016-17

20 UP Sugar Mills Sold Electricity Worth Rs 20 Cr To Govt In 2016-17

Twenty sugar mills, including six from Muzaffarnagar district, sold surplus electricity worth Rs 214 crore to the Uttar Pradesh Power Corporation Limited (UPPCL) in 2016-17, officials said today.

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BSES Offers 'AC Replacement Scheme' In Delhi With 47% Discount

BSES Offers 'AC Replacement Scheme' In Delhi With 47% Discount

In a move to promote energy efficiency, Delhi power distribution company (discom) BSES on Monday announced an air conditioner (AC) replacement scheme which will allow consumers to save up to Rs 7,500 annually depending on the type of AC.

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U.S. Supreme Court Takes Up Dispute Over Power Plant In India

U.S. Supreme Court Takes Up Dispute Over Power Plant In India

The U.S. Supreme Court on Monday agreed to consider reviving a lawsuit by Indian villagers seeking to hold a Washington-based international financial institution responsible for widespread environmental damage they blame on a power plant it financed.

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Adani, Tata, Mahindra And A Chinese Firm Fight For The Best Seat In This Bus

Adani, Tata, Mahindra And A Chinese Firm Fight For The Best Seat In This Bus

In March, a Tata Motors joint venture bagged electric bus supply contracts for nine out of 10 cities.

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Hybrid wind-solar policy – high on wattage, low on energy

The much-awaited wind-solar hybrid policy has been announced by the government. The industry had been asking for a hybrid policy that would help earn a better return on their capital, and its prayers have finally been answered.

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Image of the renewable energy

Philippines' Ayala looks to sell big stake in coal unit, turn to renewables

AC Energy Inc, part of Philippine conglomerate Ayala Corp, on Monday said it could sell a stake of up to 50 percent in its coal-fired energy unit, using funds from the deal to boost its renewables business in Southeast Asia.

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Scientists develop battery that can be charged within seconds

Scientists develop battery that can be charged within seconds

Scientists have developed a novel self-assembling battery device that can be recharged within seconds and could power mobile devices of the future.

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After Bhushan Steel, Tata Steel is in the running for Bhushan Power

After Bhushan Steel, Tata Steel is in the running for Bhushan Power

Congratulations on winning the bid for Bhushan Steel. What made you come to the valuation of Rs 36,000 crore for Bhushan Steel? Do you expect the synergies to pan out for Tata Steel and Bhushan SteelNSE 4.88 % at a later point of time

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Raj power distribution company on mission mode to install led bulbs

Raj power distribution company on mission mode to install led bulbs

The 17,000 employees of Rajasthan’s first power distribution company in Ajmer are on a mission to replace bulbs with the LED lights in tribal areas.

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SB Energy wins 200-MW solar auction in India

SB Energy wins 200-MW solar auction in India

A unit of SB Energy Corp has been awarded the full 200 MW of solar capacity in an auction in the Indian state of Karnataka on Friday, a top executive has told The Economic Times (ET).

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Oil Price Rise May Force RBI To Hike Rates In August: Analysts

Oil Price Rise May Force RBI To Hike Rates In August: Analysts

Rise in oil prices may lead to inflationary trends in the country, forcing the Reserve Bank of India (RBI) to hike rates by 0.25 per cent in the August policy review, foreign brokerages said today.

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Petrol Hits New All-time High Of Rs 84.40 In Mumbai On Global Crude Surge

Petrol Hits New All-time High Of Rs 84.40 In Mumbai On Global Crude Surge

Feel like you're being robbed blind by high fuel prices? Petrol price has touched a record high of Rs 76.24 per litre and diesel climbed to its highest ever level of Rs 67.57.

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Truckers Body AIMTC Threatens Indefinite Strike Against Rising Fuel Prices

Truckers Body AIMTC Threatens Indefinite Strike Against Rising Fuel Prices

Transporters body AIMTC today threatened to go on an indefinite strike from July 20 to protest against hike in petrol and diesel prices.

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Fuel Prices Sky Rocket: Chambers Tell Government To Cut Excise Duties

Fuel Prices Sky Rocket: Chambers Tell Government To Cut Excise Duties

With transport fuel prices in Delhi and Mumbai touching an all-time high, industry chambers, Ficci and Assocham, on Monday called for the government to urgently reduce fuel excise duties.

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India Receives 13 Applications From Firms Under Second Round Of Oil And Gas Auctions

India Receives 13 Applications From Firms Under Second Round Of Oil And Gas Auctions

The government has received 13 applications or Expressions of Interest (EoIs) from companies showing interest for oil and gas blocks offered for bidding under the second round of Open Acreage Licencing Policy (OALP) auctions

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India Receives First Cargo For Mangalore Petroleum Reserve From ADNOC

India Receives First Cargo For Mangalore Petroleum Reserve From ADNOC

India today received its first crude oil cargo shipment from Abu Dhabi National Oil Company (ADNOC) for its strategic petroleum reserve at Mangalore.

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Rising Crude May Stretch CAD To 2.5 Pc Of GDP In FY19: SBIReport

Rising Crude May Stretch CAD To 2.5 Pc Of GDP In FY19: SBIReport

Rising crude oil prices may worsen the current account deficit (CAD) to 2.5 per cent of the GDP in the current financial year, says a SBI report.

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Japan's Tokyo Gas takes first LNG cargo from Cove Point

Japan's Tokyo Gas takes first LNG cargo from Cove Point

Japan received its first shipment of liquefied natural gas (LNG) on Monday from Dominion Energy Inc's newly completed Cove Point export plant, the beginning of a jump in imports from the United States by the world's biggest buyer of the fuel.

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Petronet fourth quarter net profit up 11 per cent at Rs 522 crore

Petronet fourth quarter net profit up 11 per cent at Rs 522 crore

Petronet LNG Ltd (PLL), India's largest Liquefied Natural Gas (LNG) importer, posted an 11 per cent increase in net profit for the quarter ended March 2018 at Rs 522.69 crore on a standalone basis on the back of higher volumes processed and better efficiencies in operations.

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Rising crude: Consumers brace for price impact across categories

Rising crude: Consumers brace for price impact across categories

Petrol and diesel prices are already running at all-time high levels. But the bad news may not end at the petrol pumps. The rising crude has a direct, or indirect, impact on almost every sector. If fuel costs keep inching up, consumers may end up paying more for almost everything

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Why petrol price has hit a record high

Why petrol price has hit a record high

With rising crude prices and a depreciating rupee, petroleum is bound to get more expensive. Diesel had already reached its all-time high and petrol too, at 76.24 per litre in Delhi, hit a new high on Sunday, breaking its Sept 2013 record. TOI analyses petrol prices:

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Delhi Metro: Magenta Line's Janakpuri-kalkaji Section To Be Operational From Next Week (EDs: Adds Details)

Delhi Metro: Magenta Line's Janakpuri-kalkaji Section To Be Operational From Next Week (EDs: Adds Details)

The 25.6 km-long Janakpuri West-Kalkaji Mandir stretch of the Delhi Metro's Magenta Line is all set to be inaugurated next week, officials said today.

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JPMorgan Exits Infrastructure Investment Space In India, Sells Platform To Rohatyn

JPMorgan Exits Infrastructure Investment Space In India, Sells Platform To Rohatyn

The Rohatyn Group (TRG), a specialized asset management firm focused on emerging markets, on Monday said it has acquired the J.P. Morgan Asian Infrastructure and Related Resources Opportunity (AIRRO) platform.

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State-run Rail Vikas Nigam Gets Nod For IPO

State-run Rail Vikas Nigam Gets Nod For IPO

State-run Rail Vikas Nigam Ltd (RVNL), a special purpose vehicle created in 2003 for rail project development and mobilising financial resources, has received regulatory nod for an initial public offering (IPO).

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RCF To Roll Out Coaches For Delhi-chandigarh Tejas Exp In 2 Days: Officials

RCF To Roll Out Coaches For Delhi-chandigarh Tejas Exp In 2 Days: Officials

The Rail Coach Factory (RCF) here is all set to roll out the 19-coach rake of the Chandigarh-Delhi section Tejas Express in the next two days, RCF General Manager Satya Prakash Trivedi said today.

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The Indian Steel Industry: Overcoming Challenges And Strengthening Itself

The Indian Steel Industry: Overcoming Challenges And Strengthening Itself

There is no question in the minds of the international community that steel consumption is bound to grow in India, for it is clear that the present generation already demands a better quality of life and the next generation certainly will.

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Maharajas Express Offers Discount On Tickets. Here's How To Avail It

The Indian Railway Catering and Tourism Corporation (IRCTC) operated Maharajas Express train is offering redeemable vouchers worth up to $400 ($250+$150) for guests who book tickets directly from IRCTC website/app or online via maharajas.com, informed world's leading luxury Indian train in a tweet posted on its handle.

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Infrastructure must be made wildlife-friendly

Infrastructure must be made wildlife-friendly

The Indian Railways has imposed speed restrictions of 30kmph to 50kmph along several stretches of tracks in the Northeast to ensure that trains don’t crash into elephants.

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