GOOD EVENING INDIA

June 20, 2018, Wednesday

Your Evening News Updates From Across The Media Space

KP Energy Limited to add 1231 MW in two years

KP Energy Limited to add 1231 MW in two years

Gujarat based KP Energy Ltd., (scrip code 539686) has announced that it will add over 1231 MW within next two years to the existing 205.8 MW. The rapid ramping up of capacity comes soon after a slew of measures, impacting the regulatory framework, announced by the Government in its bid to meet the target of 60 GW of wind energy by 2022.

Read more

Power companies without wilful defaulter tag can’t be taken to NCLT, rules HC

Power companies without wilful defaulter tag can’t be taken to NCLT, rules HC

The Allahabad High Court ruled that a power company can’t be taken to bankruptcy court for not repaying loans unless it has been declared a wilful defaulter, recognising the stress that the sector is under. It also directed the finance secretary to meet power producers in June to discuss their financial woes.

Read more

Mumbai to face power cuts for a week

Mumbai to face power cuts for a week

Lakhs of citizens were inconvenienced in Mumbai, Thane and Navi Mumbai due to massive power outage on Friday following the tripping of two transformers at MSETCL (Maharashtra State Electricity Transmission Co. Ltd) in Kalwa during the early hours of the day.

Read more

Telangana to replace 4,000 transport vehicles with electric ones Minister

Telangana to replace 4,000 transport vehicles with electric ones: Minister

The Telangana government plans to replace about 4,000 state-run public transport vehicles in Hyderabad, run on diesel, with electric vehicles in a phased manner, state Municipal Administration Minister K T Rama Rao said on Friday.

Read more

Bangladesh And Nuclear Power: Significance For India – Analysis

Bangladesh And Nuclear Power: Significance For India – Analysis

The Rooppur Nuclear Power Plant (RNPP) in Bangladesh has the potential to re-energise India-Russia cooperation and significantly enhance India’s geopolitical clout and standing in the nuclear community.

Read more

Owner of nation's oldest nuke plant files $1.4B closing plan

Owner of nation's oldest nuke plant files $1.4B closing plan

The owner of the nation's oldest nuclear power plant says it will cost $1.4 billion and take 60 years to shut down a site due to close in October.

Read more

Mahindra Electric extends EV tie up with Zoomcar to Mumbai

Mahindra Electric extends EV tie up with Zoomcar to Mumbai

Mahindra group's e-vehicle arm Mahindra Electric today said it has extended its partnership with car rental firm firm Zoomcar to the city, wherein the former's 50 e2oPlus vehicles will be deployed on the latter's platform here.

Read more

World on brink of trade war as US slaps steel, aluminium tariffs on allies

World on brink of trade war as US slaps steel, aluminium tariffs on allies

The world’s largest economies stood on the brink of all-out trade war as the EU, Canada and Mexico drew up retaliatory measures to Washington’s stinging steel and aluminium tariffs that came into effect on Friday.

Read more

Who gave the shooting order, Madras HC asks Tamil Nadu govt on anti-Sterlite protests

Who gave the shooting order, Madras HC asks Tamil Nadu govt on anti-Sterlite protests

The Madurai branch of Madras high court on Friday asked the Tamil Nadu government to explain the circumstances that forced the police to open fire on May 22, resulting in the death of 13 people during a protest in Thoothukudi, against Sterlite Industries.

Read more

Cryptocurrency blowing in the wind as mine opens in Estonia

Cryptocurrency blowing in the wind as mine opens in Estonia

A state-owned Estonian wind farm launched a cryptocurrency mine on Friday, hoping to cash-in on Mother Nature's unlimited supplies of power on a windswept Baltic Sea island, a company official said.

Read more

Trump readies new plan to aid coal and nuclear power

Trump readies new plan to aid coal and nuclear power

Citing national security concerns, US President Donald Trump's administration is working on a fresh plan to subsidize coaland nuclear plants, a move critics say is unnecessary and will drive up energy costs.

Read more

Fuel price hike: Truckers body to go on strike protesting record diesel price

Fuel price hike: Truckers body to go on strike protesting record diesel price

A truckers body-All India Confederation of Goods Vehicle Owners' Association (ACOGA) -- has said its members would go on strike from June 18, protesting rise in diesel prices and steep increase in motor insurance premium for trucks.

Read more

Petrol, diesel price at record high; Will ONGC provide relief to fuel prices?

Petrol, diesel price at record high; Will ONGC provide relief to fuel prices?

A new twist has taken place in Indian fuel prices, as government continues to try all ends in saving their revenue from excise duty and this time they may have roped in largest oil producer ONGC to provide relief in record high petrol and diesel prices.

Read more

Petrol price sees cut 4th day in row; Not much relief, stays at record high in metro cities

Petrol price sees cut 4th day in row; Not much relief, stays at record high in metro cities

Each coming day consumers are ending up paying record high petrol prices in various state capitals. Today, the state-owned Oil companies decided to trim down petrol prices for fourth consecutive day in a row, however, there is nothing to be excited about the cut made in these two fuel product because rates still stay at record high levels.

Read more

RBI finds itself between a rock & a hard place this rate review

RBI finds itself between a rock & a hard place this rate review

Anecdotes such as better-than-expected GDP data and rising crude oil prices, which have posed additional upside risks to headline inflation, are all pointing towards a more hawkish tone from the Reserve Bank of India (RBI) in its upcoming meeting, which is scheduled on June 4-6.

Read more

Oil is slippery, but not quite sloshed

Oil is slippery, but not quite sloshed

Last fiscal, global crude oil prices rose 18% on average. Another 22% increase this fiscal is expected, taking the average price of the Indian basket to $70-72 a barrel. The first two months have seen prices average $74 a barrel — even hitting $80, the highest since November 2014 — fuelled by geopolitics.

Read more

CNG, PNG to cost more as Adani Gas hikes prices

CNG, PNG to cost more as Adani Gas hikes prices

Natural gas consumers will now have to pay more as Adani Gas Limited (AGL) has increased prices of compressed natural gas (CNG) and piped natural gas (PNG) in Ahmedabad and Vadodara. The city gas distribution company revised prices across all categories — residential, commercial and industrial — with effect from June 1, 2018.

Read more

Centre making efforts to takle increase in petrol, diesel prices: Gadkari

Centre making efforts to takle increase in petrol, diesel prices: Gadkari

Union MinisterNitin Gadkari today said the Centre is making efforts to find long-term solutions to tackle the increase in petrol and diesel prices and suggested that India should move to "alternative" fuels.

Read more

HPCL, MRPL merger will take a year, says ONGC Chairman

HPCL, MRPL merger will take a year, says ONGC Chairman

Hindustan Petroleum Corp. Ltd (HPCL) and Mangalore Refinery and Petrochemicals (MRPL), the two firms controlled by Oil and Natural Gas Corp., will take at least a year to merge, ONGC chairman Shashi Shanker said.

Read more

Petrobras CEO quits after Brazil fuel intervention, shares plunge

Petrobras CEO quits after Brazil fuel intervention, shares plunge

Petroleo Brasileiro SA's chief executive quit on Friday in a surprise move that wiped some $12 billion off the state-controlled oil producer's market valuation, after Brazil's government responded to a trucking strike by intervening in the company's fuel pricing policy.

Read more

State govts objected to bring fuel prices under GST: Sitharaman

State govts objected to bring fuel prices under GST: Sitharaman

Defence minister Nirmala Sitharaman on Friday said the state governments have still not given their consent to bring petrol and diesel under GST, but Union minister of petroleum, Dharmendra Pradhan, is holding discussions with the oil companies to chalk out alternative ways to bring down fuel prices.

Read more

Petrol price hike: Congress slams hypocritical fuel price cut

Petrol price hike: Congress slams hypocritical fuel price cut

Terming the seven paise cut on a litre of petrol and five paise slash on a litre of diesel as "duplicity" and "hypocrisy" of the Narendra Modigovernment, the Congresson Friday slammed it for the increase in the price of LPG cylinders.

Read more

Petrol price rise: Anger against fuel price hike spills on to streets

Petrol price rise: Anger against fuel price hike spills on to streets

Coming out against fuel price hike, farmer organizations spilled milk on roads and handed over vegetables to poor people in Machiwara area on Friday.

Read more

Indian Railways to hire retired railwaymen to man unmanned level crossings

Indian Railways to hire retired railwaymen to man unmanned level crossings

Indian Railways has decided to hire retired railwaymen to deploy them on all unmanned railway crossing, besides setting up a committee to expedite the process. The decision is reported to be in the wake of the tragic death of 13 schoolchildren at an unmanned railway crossing in Uttar Pradesh in April this year. There are 5,792 unmanned level crossings across …

Read more

Railways revises passenger reservation form

Railways revises passenger reservation form

Indian Railways has revised the passenger reservation form to extend the VIKALP or alternative train accommodation scheme option to passengers booking tickets through reservation counters.

Read more

Mega block on all 3 lines tomorrow

Mega block on all 3 lines tomorrow

The Railways will take a mega block on Sunday on all three lines in the city, for maintenance work of signal system, track and overhead wires. The mega block will be observed on three lines, including Western, Central and Harbor line, said railway authorities.

Read more

Modi's Rs 98,000 crore bullet train project hits a land roadblock

Modi's Rs 98,000 crore bullet train project hits a land roadblock

India's ambitious Mumbai-Ahmedabad bullet train project, expected be constructed by August 2022, has hit a land acquisition hurdle in Maharashtra following stiff resistance from local communities and tribal villages of Palghar district.

Read more

Union Minister Piyush Goyal pitches cadre-merger idea, Railway officials call proposal ‘disruptive move’

Union Minister Piyush Goyal pitches cadre-merger idea, Railway officials call proposal ‘disruptive move’

Union Railway Minister Piyush Goyal has expressed his desire to open up all posts of the rank of Additional Secretary and upwards in Indian Railways to all eight railway services, virtually abolishing cadre posts and merging the services into one seniority list.

Read more

Delhi HC gets time to get sanction to prosecute Lalu in IRCTC case

Delhi HC gets time to get sanction to prosecute Lalu in IRCTC case

A Delhi court granted time till July 27 to the CBI to get sanction from authorities concerned to prosecute an accused official in a graft case against former railway minister Lalu Prasad Yadav, his wife Rabri Devi and son Tejashwi Yadav relating to allotment of IRCTC hotels.

Read more

E-ticket Holders May Board Trains, Occupy Berths in Cases of 'No Show' as SC Junks Railways' Appeal

E-ticket Holders May Board Trains, Occupy Berths in Cases of 'No Show' as SC Junks Railways' Appeal

Wait-listed passengers holding e-tickets may also get an option to board the train and occupy berths if those having confirmed seats do not show up.

Read more

Indian Railways Ties-up With Self-Help group, to Sell Alphonso Mangoes in The Trains

Indian Railways Ties-up With Self-Help group, to Sell Alphonso Mangoes in The Trains

Indian Railways have tied up with self-help groups which will sell organic Alphonso mangoes at a discounted price in the trains. The organic Alphonso mangoes will come from Ratnagiri, a port town in Maharashtra. This is a first of effort of the Indian railways to sell seasonal fruits in the trains.

Read more

Train services suspended for security reasons in Kashmir

Train services suspended for security reasons in Kashmir

Train services were again suspended on Saturday as a precautionary measure in Kashmir valley, where separatists have called for a general strike. 'We have suspended all train runs in Kashmir valley after a directive was received from police last night,' a railway official told UNI.

Read more

YESTERDAY'S HEADLINES

https://goo.gl/DBKuYp


Warm Regards,

Team EnergyInfraPost.com
Twitter handle:@energyinfrapos1

For Feedback pl Write at:Energyinfrapost@gmail.com

 

2016 EnergyInfraPost.com | Contact Us 
B 306, First Floor, Saraswati Vihar, Pitampura, New Delhi