GOOD EVENING INDIA

December 10, 2018, Monday

Your Evening News Updates From Across The Media Space

India will add 225 GW renewable energy project capacity by 2022: R K Singh

India will add 225 GW renewable energy project capacity by 2022: R K Singh

India is poised to achieve 225 GW renewable energy capacity addition by March 2022, as against the current target of 175 GW project capacity by the said deadline.

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Solar power scheme entailing Rs 1.4 lakh cr to be implemented from next month: RK Singh

Solar power scheme entailing Rs 1.4 lakh cr to be implemented from next month: RK Singh

The big ticket Rs 1.4 lakh crore KUSUM scheme to promote the use of solar power among farmers will be implemented from next month, renewable energy minister R K Singh said today.

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India became net power exporter in last four years: Union Minister RK Singh

India became net power exporter in last four years: Union Minister RK Singh

India became a net exporter of electricity for the first time during the last four years and aims to achieve the target of universal household electrification by the year-end three months ahead of the original deadline, Power Minister RK Singh said on Tuesday.

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BJP's achievements in 48 months is an 'eye opener', says RK Singh, Power Minister

BJP's achievements in 48 months is an 'eye opener', says RK Singh, Power Minister

Power Minister R K Singh said today that comparison of 48 years of achievements of the other governments with 48 months of the current government is an "eye opener".

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Will connect every house with electricity 3 months ahead of deadline, says Modi government

Will connect every house with electricity 3 months ahead of deadline, says Modi government

On April 29, the Narendra Modi government electrified all 5,97,464 villages. As more than 3.1 crore rural households still remain unconnected, the next target is to provide electricity connection to every single household in the country by year-end, three months ahead of the initial deadline.

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Govt to provide 2.75 million solar pumps to farmers under KUSUM scheme

Govt to provide 2.75 million solar pumps to farmers under KUSUM scheme

The government will provide 2.75 million solar pumps to farmers under the first phase of the Kisan Urja Suraksha Evam Utthaan Mahaabhiyan (KUSUM) scheme, to be launched by July 2018.

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Discoms saved Rs 20,000 crore, Power line projects worth Rs 48,427 cr awarded in 4 yrs: Govt

Discoms saved Rs 20,000 crore, Power line projects worth Rs 48,427 cr awarded in 4 yrs: Govt

The government has awarded power transmission projects worth Rs 48,427 crore since 2014, power distribution companies have saved Rs 20,000 crore in interest cost and the power ministry’s star labelling programme has helped save Rs 22,500 crore worth of energy over the period.

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Vedanta takes control of Electrosteel Steels even as petition challenging eligibility awaits NCLAT hearing

Vedanta takes control of Electrosteel Steels even as petition challenging eligibility awaits NCLAT hearing

Vedanta has moved on to the next step in the acquisition drama over Electrosteel Steels Ltd (ESL) by setting up a new board of directors, even as a petition challenging its eligibility to bid for the same is pending before the National Company Law Appellate Tribunal.

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Over $42 billion invested in renewable energy sector in India in 4 years: Govt

Over $42 billion invested in renewable energy sector in India in 4 years: Govt

India’s renewable energy sector attracted investments of over $42 billion over the past four years and green energy projects have created over 10 million man-days of employment per annum over the period. These figures are part of the list of 4-years achievements of the Modi government shared by the Ministry of New and Renewable Energy (MNRE). “New opportunities have emerged. …

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Warming can be limited to 1.5 C by improving everyday activities: Study

Warming can be limited to 1.5 C by improving everyday activities: Study

Global warming can be limited to 1.5 degrees Celsius by improving the energy efficiency of our everyday activities such as travel, indoor heating and device use, according to a study.

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World Saw Largest Rise in Renewable Energy Capacity in 2017: Report

World Saw Largest Rise in Renewable Energy 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.

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Going solar to save Rs 12 Crore a year for Maharashtra Metro

Going solar to save Rs 12 Crore a year for Maharashtra Metro

MahaMetro’s move to supply solar power to its 42 Metro stations will save it Rs12 crore a year. The cost of solar power is Rs3.58 per unit while MSEDCL supplies it for Rs9.67 per unit. The Metro agency has started installing solar panels atop its three at grade stations, that are ready.

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GIC, ADIA to put $450 million into Greenko

GIC, ADIA to put $450 million into Greenko

Hot on the heels of the billion-dollar acquisition of Orange Renewables, Greenko’s key shareholders GIC of Singapore and Abu Dhabi Investment Authority (ADIA) have agreed to infuse another $450 million to bankroll the company’s next phase of growth.

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J&K to host first-ever 'global investor meet' on hydro-power in July

J&K to host first-ever 'global investor meet' on hydro-power in July

In a bid to boost the Jammu and Kashmir economy, the Mehbooba Mufti-led government is all set to host in July-end its first ever "global investors meet", aimed at harnessing hydro power potential of 20,000 mega watts in the state.

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Power plants of Lanco, Jaypee, Avantha shortlisted under plan floated by SBI-led lenders

Power plants of Lanco, Jaypee, Avantha shortlisted under plan floated by SBI-led lenders

Lanco Infratech, Jaiprakash Associates and Avantha Group are among companies whose stressed power plants have been shortlisted by banks for acquisition by new promoters.

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Percentage of highly polluting industries non compliant with green standards has gone up

Percentage of highly polluting industries non compliant with green standards has gone up

The percentage of highly polluting industries non compliant with environmental standards increased from 10 to 17 between 2010 and 2014, a government report released today said.

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Cut power subsidy to farmers who pay tax: Punjab draft policy

Cut power subsidy to farmers who pay tax: Punjab draft policy

The Punjab Farmers' Commission has proposed restricting the state's power subsidy to non-income tax-paying farmers in its draft Punjab State Farmers' Policy. The objective is to stop giving subsidy to those farmers who have other sources of income.

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DMRC yet to clear Rs 9 crore electricity bill: Administration

DMRC yet to clear Rs 9 crore electricity bill: Administration

Officials of the district administration on Monday made a public announcement near the Botanical Garden metro station in Sector 38 claiming that the DMRC owed Rs. 9.70 crore to the NPCL as electricity dues incurred in operations of the metro in Noida.

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Naval yard sees 11 pc drop of energy consumption after usage of LED lights: Indian Navy

Naval yard sees 11 pc drop of energy consumption after usage of LED lights: Indian Navy

A premier naval yard has achieved a decrease of 11 per cent energy consumptioncompared to the last financial year and replaced 95 per cent of the conventional street lights with LED lights, the Indian Navy said in a statement today.

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Coal India's dispatch to power sector up 15 per cent in April-May

Coal India's dispatch to power sector up 15 per cent in April-May

Coal India Ltd (CIL) on Monday said the fuel dispatch to power sector grew by 15 per cent in the April-May period of the current fiscal.

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Energy chief defends Trump directive on coal, nuclear plants

Energy chief defends Trump directive on coal, nuclear plants

Energy Secretary Rick Perry on Monday defended President Donald Trump's call to bolster struggling coal-fired and nuclear power plants, saying a rash of plant retirements is "alarming" and poses a looming crisis for the nation's power grid.

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PFC looks beyond electricity sector, eyes farm, rail and smart cities

PFC looks beyond electricity sector, eyes farm, rail and smart cities

As its core business sector faces insolvency heat and with no new big projects in sight, Power Finance Corporation (PFC) is looking beyond the electricity sector.

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Asian LNG prices rally to four-year seasonal high as demand soars

Asian LNG prices rally to four-year seasonal high as demand soars

Asian liquefied natural gas (LNG) prices have risen to their highest since 2014 for this time of the year as demand from China, India and South Korea has surged at the same time several production issues are curbing spot supply.

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Chinese airlines apply fuel surcharge after three-year hiatus

Chinese airlines apply fuel surcharge after three-year hiatus

Chinese carriers including Air Chinaand China Eastern AirlinesCorp will apply a fuel surcharge to domestic routes from Tuesday, the first time they have done so in three years as oil prices begin to rise.

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Crude price surge may widen CAD by $22-31 billion in FY19

Crude price surge may widen CAD by $22-31 billion in FY19

A combination of elevated crude oil price and weak rupee, if sustained for more than a quarter, will have an adverse impact on India’s current account position, inflation, monetary policy stance and fiscal balance, India Ratings and Research (Ind-Ra) said in a report.

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Russia's Gazprom Starts Supplying LNG To India As First Shipment Arrives In Gujarat

Russia's Gazprom Starts Supplying LNG To India As First Shipment Arrives In Gujarat

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

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Why India Is Ignoring U.S. Sanctions And Sticking With Iran

Why India Is Ignoring U.S. Sanctions And Sticking With Iran

Pay very close attention to what India’s External Affairs Minister, Sushma Swaraj, said after meeting with Iranian Foreign Minister Mohammad Javad Zarif earlier this week in New Delhi:

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Oil climbs, but record US crude output, higher Opec supplies drag

Oil climbs, but record US crude output, higher Opec supplies drag

Oil prices edged higher on Tuesday after falling nearly 2 per cent in the previous session, but growing US production and expectations of higher Opecsupplies continue to weigh on sentiment.

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Iran sells first cargo of West Karoun oil to Spain's Repsol: sources

Iran sells first cargo of West Karoun oil to Spain's Repsol: sources

Iran has awarded its first cargo of West Karoun oil to Spain's Repsol, two sources familiar with the matter said on Monday, indicating that Tehran is keen to boost its oil exports despite the looming threat of sanctions.

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Petrol price today: Fuel rates slashed for seventh consecutive day; check latest prices here

Petrol price today: Fuel rates slashed for seventh consecutive day; check latest prices here

Petrol prices were cut for the seventh consecutive day across Delhi, Kolkata, Mumbai and Chennai on Tuesday. Notably, the prices were slashed by 13 paise to in Delhi and Kolkata to Rs 77.83 and Rs 80.47 respectively.

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Mumbai Local Train Skips Station Mulund Halt, Central Railway Initiates Probe

Mumbai Local Train Skips Station Mulund Halt, Central Railway Initiates Probe

A major mishap was averted after a Chhatrapati Shivaji Maharaj Terminus(CSTM) bound local train from Badlapur skipped the Mulund station halt. According to a news report in The Mumbai Mirror

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Konkan Railway ensures smooth flow of services during upcoming Monsoon

Konkan Railway ensures smooth flow of services during upcoming Monsoon

Konkan Railway today said it has implemented various measures to ensure smooth flow of services on the section during upcoming monsoon season.

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Hi-Tech Display Boards (Indicators) for 13 Central Railway Stations

Hi-Tech Display Boards (Indicators) for 13 Central Railway Stations

The pesky problem of platform indicators malfunctioning or displaying wrong train timings is set to get over for the passengers of Central Railway’s (CR) main line.

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Indian Railways working on increasing Speed of all Long Distance Trains: MOSR

Indian Railways working on increasing Speed of all Long Distance Trains: MOSR

The Indian Railways is working on increasing the speed of all long distance passenger trains by 25 km per hour by 2022 which will reduce travel time considerably, Minister of State for Railways Rajen Gohain said here today.

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Coimbatore-Bangalore Double-decker Uday Express scheduled to flag off on June 10

Coimbatore-Bangalore Double-decker Uday Express scheduled to flag off on June 10

The Coimbatore-Bengaluru double-decker train by the Indian Railways will be flagged off on June 10 by Rajen Gohain, Union Minister of State for Railways.

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Indian Railways now using compostable tableware as part of its Go Green drive!

Indian Railways now using compostable tableware as part of its Go Green drive!

Passengers are being served meals in compostable plates and bowls instead of the polymer ones. Indian Railways has tied up with Yash Papers, India’s largest manufacturer of compostable paper for this project.

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First Container Rake from Krishnapatnam Port arrives at CONCOR’s Depot in Nagpur

First Container Rake from Krishnapatnam Port arrives at CONCOR’s Depot in Nagpur

Krishnapatnam Port, the country’s largest all-weather, deep water port, on the east coast, as part of its multimodal connectivity model, has launched a new weekly direct container rail service connecting the country’s central region to the east coast and beyond in association with India’s premier container train operator CONCOR.

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Calvary Church 13th Anniversary Celebrations: SCR to run MMTS Special Trains from Lingampalli to Falaknuma

Calvary Church 13th Anniversary Celebrations: SCR to run MMTS Special Trains from Lingampalli to Falaknuma

In order to clear extra rush of passengers during the 13th Anniversary celebrations of Calvary Temple located at Hydernagar near Lingampally Railway Station, one way MMTS Special Train from Lingampalli to Falaknuma will run as

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Railways may cut down on quantity to serve quality food in trains

Railways may cut down on quantity to serve quality food in trains

Railway meals may never be the same again. Having been scolded by the government auditor—and a number of passengers—for serving food that didn’t quite pass muster, Indian Railways is planning to go for quality over quantity, starting with premium trains such as the Rajdhanis and the Shatabdis.

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