GOOD EVENING INDIA

November 17, 2018, Saturday

Your Evening News Updates From Across The Media Space

After missing 1st-quarter targets, Coal India is facing criticism yet again

After missing 1st-quarter targets, Coal India is facing criticism yet again

After missing its first-quarter targets, Coal India is facing criticism yet again as the country's power plants continue to reel under coal stock shortage. This is even after the coal monolith stepped up production and sales dramatically on a year-on-year basis.

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NEA to urge India not to raise energy prices

NEA to urge India not to raise energy prices

Nepal Electricity Authority (NEA) Managing Director Kulman Ghising will be leading a delegation to India to convince the Central Electricity Authority (CEA) not to raise the price of the electricity being supplied to Nepal.

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Goa CM Parrikar meets power dept over solar policy roll-out

Goa CM Parrikar meets power dept over solar policy roll-out

Chief minister Manohar Parrikar on Tuesday held a meeting with officials of the electricity department and Goa Energy Development Agency (GEDA) to streamline the implementation of a solar policy in the state.

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Two million new jobs to be offered in wind energy sector by 2022: Suzlon Chairman Tulsi Tanti

Two million new jobs to be offered in wind energy sector by 2022: Suzlon Chairman Tulsi Tanti

India's wind energy sector will offer two million new jobs by 2022 as the country looks to double its overall manufacturing capacity in the wind space in the next four years, said Tulsi Tanti, chairman and managing director of Suzlon Group.

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No more hefty electricity bills! You might have to pay almost nothing for power if this solar model works

No more hefty electricity bills! You might have to pay almost nothing for power if this solar model works

Installing rooftop solar panels, or even buying power from a community rooftop solar plant, may make electricity bill payments cheaper, according to a recent study.

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Trade wars: India should concede what it must, secure what it can

Trade wars: India should concede what it must, secure what it can

As the US celebrates its 242nd Independence Day today, the global order it has dominated for many decades is again being transformed. Earlier transformations saw US influence alternately increase

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China to cut coal use, curb steel in 2018-2020 pollution plan

China to cut coal use, curb steel in 2018-2020 pollution plan

China will cut coal consumption, boost electric vehicle sales and shut more outdated steel and coke capacity in the coming three years, the State Council said in a long-awaited 2018 to 2020 pollution action plan published on Tuesday.

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JNPT’s amphibious bus contract with Scania too sinks

JNPT’s amphibious bus contract with Scania too sinks

Swedish bus maker Scania appears to have sunk. Citing inordinate delays in delivering the bus, Jawaharlal Nehru Port Trust (JNPT) has reportedly issued termination notice to Scania a few days ago.

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Adani Green Energy aims to raise $750 million via dollar bonds

Adani Green Energy aims to raise $750 million via dollar bonds

Adani Green Energy, the renewable power arm of Gautam Adani-controlled Adani Enterprises, is planning to raise $500-750 million (₹3,500-5,000 crore) by selling dollar bonds, as it plans to refinance its debt and expand its business, said two people familiar with the matter.

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ThyssenKrupp restructuring to continue after Tata steel deal: CEO Hiesinger

ThyssenKrupp restructuring to continue after Tata steel deal: CEO Hiesinger

ThyssenKrupp Chief Executive Heinrich Hiesinger said he would restructure the German industrial conglomerate further after signing a long-awaited deal to merge its steel assets with those of India's Tata Steel.

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Punjab power utility to pay Rs 446 cr to private firms for electricity not drawn

Punjab power utility to pay Rs 446 cr to private firms for electricity not drawn

Punjab State Power Corporation Limited (PSPCL) has to pay Rs 446.27 crore to private thermal power plants in Punjab for a period of 10 months (April 1, 2017 to January 31, 2018) for undrawn power (not drawing any electricity).

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Will monsoon aggravate fuel challenges for thermal sector?

Will monsoon aggravate fuel challenges for thermal sector?

Coal production in the country usually slows during the monsoon season. This can increase the problem of fuel availability for the thermal power plants, unless electricity demand slackens or renewable energy, especially hydropower generation, steps up to the plate.

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Buy petrol, diesel, get free Jet Airways flight tickets

Buy petrol, diesel, get free Jet Airways flight tickets

State-owned Oil Companies have been maintaining a status quo on fuel products sold in India. Both petrol and diesel prices in metro cities like Mumbai, Kolkata, Chennai and Delhi have been kept unchanged since June 26, as per data given by Indian Oil.

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India Should Continue Importing Iranian Crude Despite US Sanctions - Analysts

India Should Continue Importing Iranian Crude Despite US Sanctions - Analysts

Among Iran's largest oil buyers, China and Turkey have categorically refused to cut imports. However, India has been letting out mixed signals. Sputnik spoke to three of India’s top energy analysts and economists on New Delhi’s approach towards US sanctions on Iran.

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BPCL buys U.S. Mars crude oil for September

BPCL buys U.S. Mars crude oil for September

India's state-run Bharat Petroleum Corp has bought 2 million barrels of high-sulphur Mars crude oil from the United States for delivery in September, two industry sources said on Wednesday.

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Oil prices edge up as U.S. supply tightens, Iran sanctions loom

Oil prices edge up as U.S. supply tightens, Iran sanctions loom

Oil prices edged up on Wednesday following a report of tightening U.S. fuel inventories amid an outage at Syncrude Canada oil sands facility in Alberta, which usually supplies the United States.

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Saudi Aramco plans to change Asia crude oil price formula, adopt DME Oman - sources

Saudi Aramco plans to change Asia crude oil price formula, adopt DME Oman - sources

The new formula will be based on the average monthly prices of Oman crude futures traded on the Dubai Mercantile Exchange (DME) and the average cash price for Dubai assessed by pricing agency S&P Global Platts, instead of the average of Oman and Dubai prices assessed by Platts, the sources said.

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No fuel tax cut, will stick to deficit target: Jaitley

No fuel tax cut, will stick to deficit target: Jaitley

The government does not intend to go easy on its fiscal deficit targets by easing taxes on fuel or by spending more during an election year. Union minister Arun Jaitley said on Tuesday

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Higher LNG prices better for GAIL outlook; other businesses appear strong

Higher LNG prices better for GAIL outlook; other businesses appear strong

Shares of Gas Authority of India or GAIL have recovered 12 per cent in the past few weeks, after falling almost 20 per cent from December highs, as concerns over its profitability are easing. Moreover, with its other business segments doing well and valuations now favourable, analysts see more gains for the stock.

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Petrol, diesel price on 4th July 2018: Check out rates in metro cities

Petrol, diesel price on 4th July 2018: Check out rates in metro cities

Petrol and diesel prices were both unchanged for the eighth consecutive day in three metro cities (Delhi, Kolkata and Chennai), applicable from 6:00 a.m. on 4th July 2018.

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Nepal-India oil pipeline: 13km pipeline laying works completed

Nepal-India oil pipeline: 13km pipeline laying works completed

Workers have completed laying 13 km out of the 69 km Amlekhgunj-Raxaul oil pipeline in the last three and a half months. According to the project, as of now, the petroleum pipeline has been laid along the Pathlaiya-Simara-Jitpur, Parwanipur and Birgunj bypass roadway areas.

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High oil price the biggest risk for India’s economy: Moody’s investors poll

High oil price the biggest risk for India’s economy: Moody’s investors poll

Most investors representing domestic and international financial institutions think high oil prices have emerged as a major risk to India’s economy, Moody’s Investors Service said in a report today.

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Delhi's transit to RRTS in a slow lane despite Centre's nod for the project

Delhi's transit to RRTS in a slow lane despite Centre's nod for the project

Nearly a year after receiving the Centre's nod for executing a regional rapid transit system (RRTS), the National Capital Region Transport Corporation (NCRTC) has not been able to make much progress on the ambitious project to link Delhi with adjoining cities in Haryana,

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Why Modi govt's plan to build 10 million houses by 2022 is a tall order

Why Modi govt's plan to build 10 million houses by 2022 is a tall order

Prime Minister Narendra Modi recently reaffirmed his government’s commitment to providing a roof to every urban household by 2022 while interacting with beneficiaries of the Pradhan Mantri Awas Yojana (PMAY) via video conferencing.

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Experts divided over government spending on infrastructure in road sector

Experts divided over government spending on infrastructure in road sector

Presenting the union budget 2018-19 in Parliament, union finance minister Arun Jaitley announced an allocation of Rs 5.97 lakh crore for 2018-19 for infrastructure spending, up by over Rs 1 lakh crore from the ongoing fiscal.

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Century-old Historic Siliguri Railway Station cries for Up-gradation, Safety and Security

Century-old Historic Siliguri Railway Station cries for Up-gradation, Safety and Security

The century-old and historic Siliguri Town Railway Station will be an all-women railway station soon. However, the feeling is mixed here, with happiness on such prospects overshadowed by sadness, as employees at the station are concerned about safety and security.

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445 bridges in Mumbai to undergo comprehensive Safety Audit: Railways Minister Piyush Goyal

445 bridges in Mumbai to undergo comprehensive Safety Audit: Railways Minister Piyush Goyal

Railway Minister Piyush Goyal announced to undertake a comprehensive safety audit of nearly 450 road overbridges, foot overbridges and bridges over the pipelines to detect and rectify any flaws in them.

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Railways looks to reduce Fares in ten Shatabdi Trains

Railways looks to reduce Fares in ten Shatabdi Trains

The Indian Railways (IR) is looking to slash fares by almost a third on certain sections of ten Shatabdi trains. Under the flexi scheme, fares rise as seats get filled up on premium trains. But the reverse should also be true – they should fall when train occupancy declines.

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Supplied Tejas Coaches had minor glitches: Northern Railway

Supplied Tejas Coaches had minor glitches: Northern Railway

A week after the Railway Coach Factory (RCF) situated at Kapurthala handed over the 19 rail coaches of the Chandigarh-Delhi section of the Tejas Express to it, the Northern Railways found discrepancies and electrical glitches in the coaches.

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South Central Railway attains peak Punctuality Record of 90% for Mail/Express Trains

South Central Railway attains peak Punctuality Record of 90% for Mail/Express Trains

South Central Railway (SCR) touched another landmark in terms of punctuality of Mail / Express Trains on its network, which attained 90 %, the best recorded during the entire year.

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Humsafar Superfast Express Flagged Off From Jammu

Humsafar Superfast Express Flagged Off From Jammu

Union minister of state for railways Rajen Gohain flagged off a new weekly Humsafar Superfast Express Train from the Jammu railway station. Satpal Sharma and Kavinder Gupta

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Indian Railways Cancels 97 Trains For Today, Here's The List & How Much Refund You Will Get

Indian Railways Cancels 97 Trains For Today, Here's The List & How Much Refund You Will Get

As many as 97 trains scheduled for today were cancelled by the Indian Railways. Passengers who booked tickets of these trains through Indian Railway Catering and Tourism Corporation (IRCTC) app will get a refund by the Railways.

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Three years in, India’s smart city program has a long way to go

Three years in, India’s smart city program has a long way to go

On June 20, Shillong in northeastern India was selected as the 100th and final city to be included in Prime Minister Narendra Modi’s Smart Cities Mission, taking the total proposed investment in the ambitious program to 2.05 trillion rupees ($29.9 billion).

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