GOOD EVENING INDIA

July 20, 2018, Friday

Your Evening News Updates From Across The Media Space

NTPC’s 250 MW Solar Project In Suwasra, District Mandsaur, Madhya Pradesh Dedicated To State By Shri Shivraj Singh Chauhan Hon’ble Chief Minister, Madhya Pradesh

NTPC’s 250 MW Solar Project In Suwasra, District Mandsaur, Madhya Pradesh Dedicated To State By Shri Shivraj Singh Chauhan Hon’ble Chief Minister, Madhya Pradesh

The Chief Minister of Madhya Pradesh, Shivraj Singh Chauhan on Wednesday dedicated to the State of MP, NTPC’s 250 MW Solar Power Plant in Suwasra, District Mandsaur of Madhya Pradesh.

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India lends helping hand to US coal miners struggling for buyers; this is how

India lends helping hand to US coal miners struggling for buyers; this is how

The big bright spot for U.S. coal miners is located halfway around the world. India almost tripled its imports of the rock from America in the first quarter from a year earlier, helping fuel its fast-growing economy and making it the largest foreign buyer of U.S. coal, according to the U.S. Energy Information Administration.

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High rainfall slows Indonesian coal exports

High rainfall slows Indonesian coal exports

Economic Times reported that wetter than normal weather in recent months has slowed coal shipments from one of the main producing regions in Indonesia, the world's top thermal coal exporter, according to weather data, brokers and analysts, supporting prices of the fuel.

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TATA Steel JV with Thyssenkrupp to improve credit profile – Fitch Rating

TATA Steel JV with Thyssenkrupp to improve credit profile – Fitch Rating

Economic Times reported that Tata Steel's ink a definitive agreement with Thyssenkrupp for a 50:50 steel joint venture in Europe will improve TSL's business profile by reducing its exposure to structural weaknesses in the region.

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Essar builds India’s largest iron ore handling complex of 24 MTPA at Vizag Port with Rs 830 crore investment; dedicates it to the nation

Essar builds India’s largest iron ore handling complex of 24 MTPA at Vizag Port with Rs 830 crore investment; dedicates it to the nation

Essar Vizag Terminal Ltd (EVTL) today dedicated to the nation its newly commissioned 24 MTPA Vizag iron ore handling complex, which will be inaugurated by Shri. Nitin Gadkari, Hon’ble Minister for Road Transport & Highways, Shipping and Water Resources.

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Vedanta to partner Anglo American to bid for coal mines in India - Mr Anil Agarwal

Vedanta to partner Anglo American to bid for coal mines in India - Mr Anil Agarwal

Economic Times reported that diversified metals and mining group Vedanta will team up with international miner Anglo American to bid for coal mines in India for the next auctions

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Electric vehicles could lift UK peak power demand by 5-8 GW by 2030-National Grid

Electric vehicles could lift UK peak power demand by 5-8 GW by 2030-National Grid

The growing use of electric vehicles could increase peak electricity demand in Britain by between 5 and 8 gigawatts (GW) by 2030, National Grid said on Thursday.

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Maharashtra government bats for solar projects on large dams

Maharashtra government bats for solar projects on large dams

In a major push for the renewable energy sector and to overcome resistance to the acquisition of private land for infrastructure projects, the state government has set the ball rolling for floating solar power projects

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India's shift to green economy could add 3 million jobs by 2030: Report

India's shift to green economy could add 3 million jobs by 2030: Report

If 40 per cent of India’s electricity comes from renewables by 2030 (from 7.5 per cent in February 2018), the country could add about 3 million new jobs, according to a report by the International Labour Organization (ILO), an arm of the United Nations.

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Bangladesh looks at India to fulfil its ‘power for all’ promise

Bangladesh looks at India to fulfil its ‘power for all’ promise

Electricity-starved Bangladesh has hit upon a novel model that involves wheeling power from projects being set up in India across the fuel sources to help meet its energy demands, said a top official in the Sheikh Hasina-led government.

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Hurting for buyers, US coal miners are learning to love India

Hurting for buyers, US coal miners are learning to love India

The big bright spot for U.S. coal miners is located halfway around the world. India almost tripled its imports of the rock from America in the first quarter from a year earlier, helping fuel its fast-growing economy and making it the largest foreign buyer of U.S. coal, according to the U.S. Energy Information Administration.

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Oil retailer, aviation stocks spike 4-6% following sharp fall in crude prices

Oil retailer, aviation stocks spike 4-6% following sharp fall in crude prices

Share prices of oil marketing and aviation companies rallied 4-6 percent intraday on Thursday following the sharp correction in crude oil prices in the international markets.

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DNA Money Edit: Why India is not worried of oil cartel

Why India is not worried of oil cartel

Gone are the days when the global crude oil cartel could threaten big customers like India with price spurts. Trying to reduce dependence on crude requirement and steadily moving to electric vehicles (EV)

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World's oil cushion could be stretched to the limit, IEA warns

World's oil cushion could be stretched to the limit, IEA warns

The world's oil supply cushion could be stretched to the limit due to prolonged outages, supporting prices and threatening demand growth, the International Energy Agency said on Thursday.

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Petrol, diesel prices increase for the seventh time in current month

Petrol, diesel prices increase for the seventh time in current month

Oil Marketing Companies (OMCs) raised the retail prices of petrol and diesel across the nation today, the seventh such hike in the current month alone, in line with the rise in global crude prices.

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India Mulls Bringing Jet Fuel, Natural Gas Under GST

India Mulls Bringing Jet Fuel, Natural Gas Under GST

India is proposing to bring jet fuel and natural gas under the national goods and services tax as early as next week and replace a slew of existing duties and provincial levies, people familiar with the matter said.

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PIL seeks subsidy for CNG vehicles

PIL seeks subsidy for CNG vehicles

Gujarat high court on Wednesday issued notice to the state transport commissioner and Gujarat Pollution Control Board (GPCB) over a PIL demanding a subsidy on purchase of CNG-run vehicles to curb pollution.

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In win for Trump, US oil exports to India soar ahead of Iran sanctions

In win for Trump, US oil exports to India soar ahead of Iran sanctions

US crude oil exports to India hit a record in June and so far this year are almost double last year's total as the Asian nation's refiners move to replace supplies from Iran and Venezuela in a win for the Trump administration.

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OPEC does not want to see volatility in oil prices - OPEC president

OPEC does not want to see volatility in oil prices - OPEC president

OPEC President Suhail al-Mazrouei said on Wednesday that volatility in the crude market was undesirable and OPEC prefers a more stable price environment, speaking after crude had its biggest one-day drop in two years.

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World's fastest growing oil user India bucks trend of fuel price cuts

World's fastest growing oil user India bucks trend of fuel price cuts

India, the world’s fastest growing oil consumer, is bucking an emerging market trend of populist measures to curb surging oil prices.

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Petrol, Diesel Prices Hiked Today: Check Revised Rates Here

Petrol, Diesel Prices Hiked Today: Check Revised Rates Here

The prices of petrol and diesel were raised by the state-run oil marketing companies (OMCs) on Thursday. According to the rate chart, petrol can be purchased for Rs. 76.59 per litre in Delhi.

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India's Fastest Train, Gatimaan Express Is Getting A Luxurious Makeover

India's Fastest Train, Gatimaan Express Is Getting A Luxurious Makeover

Since 2016, Gatimaan Express has been stirring a storm when it comes to matching up with the top-notch standards of trains across the world. The train that takes you from Delhi to Agra, a distance of 233 kilometres at the speed of 160 kmph is not just any another train.

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IRCTC: Railways To Run Shri Ramayana Express In India, Sri Lanka From Nov 14

IRCTC: Railways To Run Shri Ramayana Express In India, Sri Lanka From Nov 14

The Indian Railways has come up with yet another exciting offer giving an opportunity to explore places associated with Lord Ram. In its latest offering, the railways will run a special train named after Lord Ram covering the destinations associated with the mythological character in India and Sri Lanka, an official statement said.

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How long will India have to wait for the bullet train? A status check

How long will India have to wait for the bullet train? A status check

Prime Minister Narendra Modi's ambitious Japan-backed Mumbai-Ahmedabad bullet train project costing $17 billion must speed up to to meet the August 2022 deadline.

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High-speed local ‘metro’ train services to 4 towns! MahaMetro, Indian Railways to sign MoU, know about it

High-speed local ‘metro’ train services to 4 towns! MahaMetro, Indian Railways to sign MoU, know about it

High-speed local trains: Union Minister Nitin Gadkari’s dream project of starting high-speed local trains between Nagpur and four nearby towns namely, Bhandara, Wardha, Katol and Ramtek is soon set to see the light of the day.

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India to export Six DMU state-of-the-art Modern Train Sets consisting of 78 Coaches to Sri Lanka

India to export Six DMU state-of-the-art Modern Train Sets consisting of 78 Coaches to Sri Lanka

Indian Railways is all set to establish its footprint in Sri Lanka with the export of six DMU (diesel multiple units) train sets consisting of 78 modern coaches worth Rs 600 crore.

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South Eastern Railway records Incremental Growth in Zonal Freight Earnings

South Eastern Railway records Incremental Growth in Zonal Freight Earnings

During the first three months i.e. April-June of current financial year (2018-19), South Eastern Railway has earned Rs. 3121.58 crores from originating freight traffic which is Rs. 235.53 crores more than the corresponding period of last year i.e. 2017-18 thus registering a growth of 8.16 %.

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East Central Railway GM hold Meeting with PWI & Signal Inspectors

East Central Railway GM hold Meeting with PWI & Signal Inspectors

East Central Railway GM hold Meeting with PWI & Signal Inspectors

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Western Railway resumes Services after Trains, several Wagons to be Overhauled

Western Railway resumes Services after Trains, several Wagons to be Overhauled

In less than 24 hours after the Nalasopara railway station in Palghar district getting inundated with rain water, Western Railway authorities swung into action and resumed services on Wednesday morning.

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Nagpur Metro, Central Railway to ink MoU for Trains to four Towns on July 16 12 Jul 2018 in Category(ies): Posted on Categories

Nagpur Metro, Central Railway to ink MoU for Trains to four Towns on July 16 12 Jul 2018 in Category(ies): Posted on Categories

City MP and Union minister Nitin Gadkari’s plan to start high speed local trains between Nagpur and four nearby towns — Bhandara, Wardha, Katol and Ramtek — is set to be a reality soon.

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NHAI draws flak for delay in FOB commissioning

NHAI draws flak for delay in FOB commissioning

It is going to be a long wait for pedestrians wanting to safely cross the 16-km Edappally-Aroor NH Bypass corridor, as five foot overbridges (FOBs), built by the National Highways Authority of India (NHAI), are not anywhere near commissioning.

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This Indian Railways train carries its own 'gatemen'; reason will flummox you

This Indian Railways train carries its own 'gatemen'; reason will flummox you

At a time when the Indian Railways is on a drive to remove unmanned level crossings, a bi-weekly train in Tamil Nadu halts at 35 such intersections with two staff on board hopping on and off to close and open the gates before proceeding.

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