GOOD EVENING INDIA

July 20, 2018, Friday

Your Evening News Updates From Across The Media Space

Pilot scheme for plants sans PPAs elicits tepid response

Pilot scheme for plants sans PPAs elicits tepid response

Even as nearly 20,000 MW of commissioned power generating units are under stress due to lack of power purchase agreements (PPAs), the government’s pilot scheme to procure electricity from 2,500 MW generation capacity without PPAs has evoked a tepid response from the industry.

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Six UP cities can generate 11.4 GW of solar power

Six UP cities can generate 11.4 GW of solar power

Six Uttar Pradesh cities alone can generate 11.4 GW of solar energy using 11 per cent of their built-up area, a report by the Centre for Environment and Energy Development (CEED) said on Friday.

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If we are not competitive in solar manufacturing, we should not attempt it: Amitabh Kant

If we are not competitive in solar manufacturing, we should not attempt it: Amitabh Kant

Power generation will be driven by renewable energy by 2050. What is your view on the strategic transformation that is taking place both in the world of energy and mobility?

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Thyssenkrupp board to seek new CEO after Hiesinger quits

Thyssenkrupp board to seek new CEO after Hiesinger quits

Thyssenkruppwill take its time to replace Chief Executive Heinrich Hiesinger after his resignation, dampening hopes of a speedyrestructuring or even a break-up of the German industrial group.

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Tariff jitters: India, US may soon agree trade package

Tariff jitters: India, US may soon agree trade package

Senior trade officials of India and the US will meet later this month in Washington to wrap up negotiations on a “mutually-acceptable trade package”, according to an official source.

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Tata Steel production up 7.82%, sales grow 8% in Q1

Tata Steel production up 7.82%, sales grow 8% in Q1

Tata Steel on Friday reported an 8 per cent growth in sales to 2.97 million tonnes (mt) in India during the first quarter of the current fiscal while its production grew by 7.82 per cent to 3.17 mt. The company had produced 2.94 mt of steel and sold 2.75 mt in the corresponding period last year.

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India, Bhutan reaffirm commitment to hydropower cooperation

India, Bhutan reaffirm commitment to hydropower cooperation

As India and Bhutan mark 50 years of diplomatic ties this year, the two sides reaffirmed their commitment to cooperation in the hydropower sector during a meeting between Prime Minster Narendra Modi and his Bhutanese counterpart Tshering Tobgay here on Friday.

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Fuel doubts leave power plants stranded

Fuel doubts leave power plants stranded

India is facing a severe coal shortage, which has stranded many power plants, which cannot be revived without secure fuel supply. The Centre has allowed states to import coal for their thermal plants because Coal India has not been able to meet its targets, leaving power plants stranded or short-supplied.

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Seven companies bid lowest in power supply auction, quote Rs 4.24/Unit

Seven companies bid lowest in power supply auction, quote Rs 4.24/Unit

RKM PowerGen, Jaiprakash Associates, IL&FS and MB Power are among seven companies that have bid the lowest in an auction of three-year power supply contracts with stressed plants, quoting a price of Rs 4.24 per unit.

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Gallery: Linking Jharkhand coal mines to power plants on Tori-Shivpur Rail Line

Gallery: Linking Jharkhand coal mines to power plants on Tori-Shivpur Rail Line

The 44-km long Tori-Shivpur Railway Line facilitates coal transportation from Central Coalfields Limited’s open cast mines Amrapali and Magadh in Jharkhand’s Latehar and Chatra districts respectively. State miner Coal India's output and shipments jumped to seasonal records in June, buoyed by summer demand from power stations, the company's biggest customers.

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US oil sellers may look to India as china tariff war escalates

US oil sellers may look to India as china tariff war escalates

American oil producers may find a new friend in India as they brace for a trade war with China that could curb US shipments.

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Oil price spike or ignore Trump: China and India’s big Iran dilemma

Oil price spike or ignore Trump: China and India’s big Iran dilemma

How do you solve a problem like US foreign policy? It’s a question two of the world’s largest oil consumers will have to wrestle with over the next four months — and their answers will define the global trade in oil.

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Rising fuel prices might impact commercial vehicle operators: Fitch Ratings

Rising fuel prices might impact commercial vehicle operators: Fitch Ratings

Fitch Ratings on Friday said that rising fuel prices could strain India's commercial vehicle operators and lead to a rise in auto-loan delinquencies. "That said, the upbeat economic outlook suggests operators may find it easier to pass increased costs on to customers than during previous fuel-price spikes," the rating agency said in a statement.

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Petrol and Diesel Prices Raised Again

Petrol and Diesel Prices Raised Again

Fuel prices across Indian cities were raised for the third straight day on Saturday. As per the state-owned oil retailer IOCL's app, petrol prices in the metro cities per litre in rupees has been:

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Brazil's Petrobras seeks partner to revive older oil wells

Brazil's Petrobras seeks partner to revive older oil wells

Brazil's state-controlled oil company Petroleo Brasileiro SA has confirmed that it began searching in May for an oil services company to partner with it in an onshore production-sharing deal.

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Japan's first LNG bunkering vessel to be launched in 2020

Japan's first LNG bunkering vessel to be launched in 2020

Kawasaki Kisen Kaisha, Chubu Electric Power , Toyota Tsusho, and Nippon Yusen KK said on Friday that their joint venture has placed an order for a liquefied natural gas (LNG) bunkering vessel with Kawasaki Heavy Industries

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Ports to get better road connectivity

Ports to get better road connectivity

An ambitious project to connect ports in the state with national highways will be launched by NHAI under Bharatmala Pariyojana Programme of the ministry of road transport & highways (MORTH).

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Delhi High Court extends interim stay on strike by Metro staff

Delhi High Court extends interim stay on strike by Metro staff

The Delhi High Court extended its interim order on Friday restraining the Delhi Metro Rail Corporation (DMRC) staff from going on strike till further orders. Providing relief to lakhs of commuters once again, the court upheld the order passed on June 30 that observed that commuters will be greatly inconvenienced if the employees go ahead with the protest.

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IL&FS in talks with Cube Highways to sell tunnel in Jammu and Kashmir

IL&FS in talks with Cube Highways to sell tunnel in Jammu and Kashmir

IL&FS Transportation Networks (ITNL), the road development arm of infrastructure development and finance major IL&FS, is in talks with I Squared Capital-backed Cube Highways to sell a majority stake in the recently completed Chenani-Nashri tunnel way (CNT) in Jammu & Kashmir (J&K), sources close to the development told FE.

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Centre made party to bullet train land acquisition case in Gujarat HC

Centre made party to bullet train land acquisition case in Gujarat HC

The Union government was added as a respondent to the petitions filed by four farmers in the Gujarat High Court, challenging the land acquisition process for the Mumbai-Ahmedabad bullet train project.

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Nagpur gets Rly’s first state-of-the-art air-conditioned MEMU

Nagpur gets Rly’s first state-of-the-art air-conditioned MEMU

The Railways has dispatched its first state-of-the-art air-conditioned commuter train to Nagpur after Union minister Nitin Gadkari had mooted a proposal to bring them to his constituency, officials said.

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Common ticketing plans on, without Railway

Common ticketing plans on, without Railway

Two bodies of the Tamil Nadu government, MTC and Chennai Metro Rail Ltd (CMRL), have started work on a common ticketing system for both their utilities in Chennai. However, the operator running suburban trains, the second biggest public transport mode in the city and its suburbs, Southern Railway is nowhere in the picture.

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Andheri Bridge Collapse: Western Railway wants Bandra footpath, Vasai bridge to stay closed

Andheri Bridge Collapse: Western Railway wants Bandra footpath, Vasai bridge to stay closed

In the backdrop of a portion of Gokhale bridge collapsing on Tuesday, the Western Railway on Friday said it has asked authorities to shut the footpath on road over bridge near Kalanagar junction and road over bridge (RoB) in Vasai.

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Why Mumbai monorail is scrambling to get on track by 2019

Why Mumbai monorail is scrambling to get on track by 2019

India’s first monorail between Wadala and Chembur may not be back on track until early 2019 because the Mumbai Metropolitan Region Development Authority (MMRDA) is yet to procure rakes and other equipment

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Pawan Demands Chandrababu & Jagan on Railway Zone

Pawan Demands Chandrababu & Jagan on Railway Zone

Jana Sena leader Pawan Kalyan dared Andhra Pradesh Chief Minister N Chandrababu Naidu and YSR Congress Party President YS Jagan Mohan Reddy join him in the fight for the long pending demand of the establishment of railway zone in Visakhapatnam.

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IPRCL to build Rail lines to Ports, to handle O&M part of Spur Lines, Rail infrastructure including Locomotives owned by Ports

IPRCL to build Rail lines to Ports, to handle O&M part of Spur Lines, Rail infrastructure including Locomotives owned by Ports

The Indian Port Rail Corporation Ltd (IPRCL), the company set up to build rail connectivity to ports, has signalled its readiness to takeover the operation and maintenance of rail infrastructure including locomotives run by the Central government-owned major port trusts, a top official has said.

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SCCL completes 21-km Rail Line to Thermal Power Station; trial run likely on July 15

SCCL completes 21-km Rail Line to Thermal Power Station; trial run likely on July 15

Singareni Collieries Company Ltd has announced the completion of a 21-km rail line including plant marshalling yard to evacuate coal and a 44-km pipeline to supply water to the thermal power station.

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