GOOD EVENING INDIA

December 10, 2018, Monday

Your Evening News Updates From Across The Media Space

India’s Finished Steel Export Slumps Over 25% In April

India’s Finished Steel Export Slumps Over 25% In April

India’s export of finished steel slumped by 25.2 per cent to 0.558 million tonnes (MT) during April 2018, according to a report. The country had exported 0.746 MT finished steel during the same month a year ago, the Joint Plant Committee (JPC) said it its latest report.

Read more

India's wind energy capacity addition to improve by 3-3.5 Gw in 2018-19

India's wind energy capacity addition to improve by 3-3.5 Gw in 2018-19

India's wind energy capacity addition is set to improve by 3-3.5 Gigawatt (Gw) in the current financial year against 1.7 Gw in last fiscal due to the viability of bid tariffs and inter-state connectivity key headwinds for developers, ICRA said in a statement.

Read more

Job searches in renewable energy sector jump 76 per cent in 3 years

Job searches in renewable energy sector jump 76 per cent in 3 years

India’s renewable energy sector has seen a 76 per cent jump in job searches between October 2014 and October 2017 mainly due to the growth in the solar energy space, according to a report by U S-headquartered global employment search engine Indeed.

Read more

Water storage in India’s hydro reservoirs falls below ten-year average

Water storage in India’s hydro reservoirs falls below ten-year average

Thanks to an acute summer, the water storage level across 91 major hydro reservoirs in India has plummeted to 17 per cent, lower than the 21 per cent storage recorded last year at the same time and below also the last ten years average storage of 19 per cent.

Read more

BHEL appoints S Balakrishanan as Director-Industrial Systems & Products

BHEL appoints S Balakrishanan as Director-Industrial Systems & Products

Bharat Heavy Electricals Ltd (BHEL), the country’s largest powerequipment manufacturer, today announced it has appointed S Balakrishananas Director-Industrial Systems & Products.

Read more

Renewable power accounted for 70% of net additions to global power generating capacity in 2017: Report

Renewable power accounted for 70% of net additions to global power generating capacity in 2017: Report

Renewable power accounted for 70 percent of net additions to global power generating capacity in 2017, the largest such increase in modern history, a report said on Monday.

Read more

Tata Power CEO Praveer Sinha says best positioned to deal with coming disruptions in energy markets

Tata Power CEO Praveer Sinha says best positioned to deal with coming disruptions in energy markets

Praveer Sinha, the newly appointed managing director and CEO of Tata Power is convinced that the energy markets are in for a huge disruption.

Read more

NLC India passes benefit of lower tariff to consumers

NLC India passes benefit of lower tariff to consumers

Through its technical expertise and efficient mining operation combined with Prudent Cost Management, NLC India has been able to reduce its Lignite Transfer Price for captive use by around Rs.300/Ton this financial year leading to lowering of Power Tariff ranging from Rs.0.35 to Rs.0.58 per Kwhr of electricity from its power plants with effect from April/May 2018.

Read more

Teri Sign MOU to Set up a Resource Efficiency Cell

Teri Sign MOU to Set up a Resource Efficiency Cell

In the run up to World Environment Day, Ministry of Environment, Forest and Climate Change and The Energy and Resources Institute (TERI) launched a number of initiatives to support the Ministry of Environment, Forest and Climate Change (MoEFCC) focus on waste management and resource efficiency.

Read more

Record amount of renewable energy installed globally in 2017 -research

Record amount of renewable energy installed globally in 2017 -research

A record amount of renewable power capacity was installed worldwide last year as the cost of wind and solar became even more competitive with fossil fuels, research by renewables policy organisation REN21showed.

Read more

Reduction in price offered per unit of solar power a demotivating factor

Reduction in price offered per unit of solar power a demotivating factor

The drastic reduction in the price offered per unit of solar powergenerated by households, and other institutions, appears to have made adopting this sustainable mode of energy an unviable proposition for many in the city.

Read more

Thermal power plants in Gujarat may face closure on coal shortage: GSECL official

Thermal power plants in Gujarat may face closure on coal shortage: GSECL official

Thermal power plants in the state are not getting adequate supply of coal and could face closure, leading to power shortage, if immediate steps are not taken, a senior GSECL official has said.

Read more

Ather Energy to to set up 6,500 charging points by 2022, invest Rs 130 cr

Ather Energy to to set up 6,500 charging points by 2022, invest Rs 130 cr

Hero MotoCorp-backed electric two-wheeler startup Ather Energy, which will launch its first electric scooter S340 on June 5, has lined up an investment of about Rs 130 crore to set up charging infrastructure in 30 cities by 2022.

Read more

Depreciated power assets must result in tariff reduction, proposes new tariff policy

Depreciated power assets must result in tariff reduction, proposes new tariff policy

Power companies may not be able to avail themselves of benefits on assets which have completed their useful life. Draft amendment to the National Tariff Policy 2016 proposes electricity generation

Read more

Government may cut stake in state-run companies to 49 per cent

Government may cut stake in state-run companies to 49 per cent

The government is readying a roadmap to lower its stake in all central public sector enterprises (CPSEs) to 49% in three years, except for those operating in sectors of strategic importance such as defence and oil.

Read more

Coal India to pilot new billing system with NTPC

Coal India to pilot new billing system with NTPC

Coal India Ltd will try out a new customer-friendly billing system for consumers with state-owned power major NTPC on a pilot basis, in line with a global quality practice framework, a top official has said.

Read more

Big investors urge G7 to step up climate action, shift from coal

Big investors urge G7 to step up climate action, shift from coal

Institutional investors with $26 trillion in assets under management called on Group of Seven leaders on Monday to phase out the use of coal in power generation to help limit climate change, despite strong opposition from Washington.

Read more

No work, no pay for workers caught drunk inside coal mines

No work, no pay for workers caught drunk inside coal mines

Central Coalfields Limited (CCL), a subsidiary of the state-owned Coal India Limited (CIL), has launched a testing procedure to monitor alcohol addiction among its employees.

Read more

Opec considers lifting supply, steadying oil prices

Opec considers lifting supply, steadying oil prices

Oil prices steadied on Monday as US production hit a record high and Opec members considered boosting supply to balance rising global demand.

Read more

Russia's Gazprom begins LNG supplies to India

Russia's Gazprom begins LNG supplies to India

After the US, Russia today began supplying LNG to India under a long-term deal as world's fourth-largest buyer of liquefied natural gas (LNG) diversifies import basket to meet its vast energy needs.

Read more

Petrol price in India down 15p today; New Delhi rate comes below Rs 78, Mumbai stays over Rs 85, check rates in other cities

Petrol price in India down 15p today; New Delhi rate comes below Rs 78, Mumbai stays over Rs 85, check rates in other cities

The state-owned OMCs have trimmed down petrol price in various state capitals of India by 15 paisa per litre on Monday. This cut would be the highest since the OMCs began relaxing petrol price from May 29.  However, the prices still remain at record high. The fuel price rise was an outcome of higher crude oil prices, and no relief …

Read more

Petrol, diesel price dilemma: From saviour to sacrificial lamb, will ONGC bear subsidy burden?

Petrol, diesel price dilemma: From saviour to sacrificial lamb, will ONGC bear subsidy burden?

With elections coming in, the NDA government’s major issue would be to bring in relief for petrol and diesel price. Currently, these two fuel products are at levels never witnessed, as they have hit end consumers pockets. After 16 days aggressive cut, OMCs have started to reduce petrol and diesel price, but at a very gradual level.

Read more

High petrol, diesel prices: Four things that may help

High petrol, diesel prices: Four things that may help

Despite a straight sixth day cut in petrol and diesel prices, rates are still quite high across the country. In the backdrop of this, the government is mulling long-term solutions to address the issue of spiralling fuel prices.

Read more

‘Centre, Rajasthan govt have failed to control price rise’

‘Centre, Rajasthan govt have failed to control price rise’

Pradesh Congress Committee (PCC) president Sachin Pilot has accused the BJP government of being insensitive towards common man by increasing the price of LPG.

Read more

High oil prices could inflate India’s Current Account Deficit to $31 bn

High oil prices could inflate India’s Current Account Deficit to $31 bn

High crude oil prices are likely to inflate India’s Current Account Deficit (CAD) – excess of imports of goods and services over exports – in a range between $22 billion and $31 billion in the current financial year ending March 2019.

Read more

Crude oil futures fall 0.36% post global cues

Crude oil futures fall 0.36% post global cues

Crude oil futures slipped 0.36 per cent to Rs 4,425 per barrel, in tune with a weak trend in Asia today. Crude oil for delivery in July fell by Rs 16, or 0.36 per cent, at Rs 4,425 per barrel, with a business volume of 104 lots at the Multi Commodity Exchange (MCX).

Read more

Petrol prices cut for the sixth straight day by 15 paise, diesel by 14 paise

Petrol prices cut for the sixth straight day by 15 paise, diesel by 14 paise

Petrol price fell today for the sixth day in a row to below Rs 77 per litre in Delhi. Indian Oil, India's largest retailer, on Monday reduced petrol prices by 15 paise, while diesel prices were cut by 14 paise.

Read more

Iran Calls On World To Stand Up To US President Donald Trump, Save Nuclear Deal

Iran Calls On World To Stand Up To US President Donald Trump, Save Nuclear Deal

The world should stand up to Washington`s bullying behaviour, Iran`s foreign minister was quoted as saying on Sunday by state media in a letter to counterparts, as the top diplomat intensifies efforts to save a nuclear deal after a U.S. exit.

Read more

Crude oil prices ease on record US output, higher Opec supplies

Crude oil prices ease on record US output, higher Opec supplies

Brent crude oilfutures dipped for a second session on Monday, with prices coming under pressure from record US output and expectations of higher Opec supplies.

Read more

Rich nations spend $100 bln a year on fossil fuels despite climate pledges

Rich nations spend $100 bln a year on fossil fuels despite climate pledges

The world's major industrial democracies spend at least $100 billion each year to prop up oil, gas and coal consumption, despite vows to end fossil fuel subsidies by 2025, a report said on Monday ahead of the G7 summit in Canada.

Read more

Fuel price hike: Options before Modi government

Fuel price hike: Options before Modi government

Petrol and diesel prices may be coming down a paisa at a time but still remain high. Government says it is thinking of long-term solutions. Some that it has indicated are:

Read more

Madras High Court restrains IRCTC from finalising tender for food plaza at Chennai Central

Madras High Court restrains IRCTC from finalising tender for food plaza at Chennai Central

The Madras High Court today restrained the Indian Railway Catering and Tourism Corporation (IRCTC) Limited from finallising tenders for setting up Food Plazas at the Central Railway station here.

Read more

DMRC increases commuter facilities on ‘Knowledge Corridor’ Magenta Line!

DMRC increases commuter facilities on ‘Knowledge Corridor’ Magenta Line!

Ever since its launch, Delhi Metro has been pegged as one of the biggest transport services across India. Recently, DMRC launched the complete section of the Magenta line that connects Botanical Garden in Noida on Blue Line to Janakpuri West metro station.

Read more

Russian Railways eyes Crypto for Tickets, Blockchain for Cargo

Russian Railways eyes Crypto for Tickets, Blockchain for Cargo

Russian railway company RZD may turn out to be a state-owned giant that does not shy away from technological advances brought about by cryptocurrencies like bitcoin.

Read more

4 years of Modi govt: Paving the highways for success of India

4 years of Modi govt: Paving the highways for success of India

"If you want to get rich, you have to build roads first," goes a Chinese proverb. And Highways Minister Nitin Gadkari is trying his best to ensure that India emulates them.

Read more

India’s Second Bullet Train Corridor? High-Speed Track To Come Up Along The New Mumbai-Nagpur Expressway

India’s Second Bullet Train Corridor? High-Speed Track To Come Up Along The New Mumbai-Nagpur Expressway

The Indian Railways and the Ministry of Road Transport and Highways are coming together to build a high-speed rail line along the proposed expressway between Mumbai and Nagpur, Financial Express has reported.

Read more

Indian Railways plight! For salary's sake, these government employees want train timings tweaked

Indian Railways plight! For salary's sake, these government employees want train timings tweaked

Indian Railways has been dragged into this row, willy-nilly. Over 1,000 government employees, including officers from Nashik and Pune, working in Mumbai are staring at pay cuts, thanks to biometric attendance system.

Read more

Railways planning to decentralise its non-fare revenue initiatives

Railways planning to decentralise its non-fare revenue initiatives

Indian Railways is planning to decentralise its non-fare revenue (NFR) initiatives, given the poor response to the schemes it introduced. According to a railway official, most of the tenders floated under various schemes have already been discharged.

Read more

A New Energy Storage Solution debuts in the Russian Railway Sector

A New Energy Storage Solution debuts in the Russian Railway Sector

Battery technologies are all the craze these days as everyone is racing to find the perfect solution to energy storage for the growing share of solar and wind power in the grid. But energy storage solutions are also making forays into the railways industry where batteries can help stabilize the railway electricity grid.

Read more

YESTERDAY'S HEADLINES

https://goo.gl/y6R2Fy


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