GOOD EVENING INDIA

December 17, 2018, Monday

Your Evening News Updates From Across The Media Space

Per unit cost of power may go up by 8 paise

Per unit cost of power may go up by 8 paise

The Maharashtra state electricity distribution company limited (MSEDCL) has filed a mid-term review petition with the Maharashtra electricity regulatory commission (MERC) for recovery of the revenue gap of about Rs 34,646 crore.

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Resolving power plants will require confluence of interventions, says PV Ramesh of REC

Resolving power plants will require confluence of interventions, says PV Ramesh of REC

There is plan for power sector which comes from an REC-PFC combine called Parivartan, this plan lists 16 power companies that are good plants except that they don't have a power purchase agreement (PPA) or a fuel supply agreement (FSA).

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NGOs hail Nippon Life for dropping coal finance

NGOs hail Nippon Life for dropping coal finance

With Japan's Nippon Life Insurance Company purporting to restrict new finance for coal plant projects regardless of their location, a group of environmental NGOs and experts on Saturday hailed the decision, saying it was aimed to strengthen commitment to the Paris Agreement to limit global warming to 1.5 degrees Celsius.

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Vazirani Shul, India’s first electric hypercar concept looks breathtaking: Tesla rival unveiled at Goodwood Festival of Speed

Vazirani Shul, India’s first electric hypercar concept looks breathtaking: Tesla rival unveiled at Goodwood Festival of Speed

Vazirani Shul - India's first electric hypercar concept has been unveiled at the Goodwood Festival of Speed. This makes the parent company of Vazirani Shul - Vazirani Automotive the first one in India to present such a concept model.

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Steel ministry may bring royalty and auction money under GST ambit

Steel ministry may bring royalty and auction money under GST ambit

In a move that could make accounting simple for calculating royalties and auction prices of mines, the ministry of steel has made a case for subsuming both in the goods and services tax (GST).

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Essar commissions Rs 830-crore iron ore handling complex at Vizag port

Essar commissions Rs 830-crore iron ore handling complex at Vizag port

Essar Group on Friday said it has commissioned the country's largest iron ore handling complex at Vizag port, which was built at a cost of Rs 830 crore.

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Maharashtra govt to spend Rs 7,300 cr on repair of electricity poles

Maharashtra govt to spend Rs 7,300 cr on repair of electricity poles

The Maharashtra government has prepared a plan to repair the electricity poles, wires and other systems at a cost of Rs 7,300 crore, Energy Minister Chandrashekhar Bawankule has said.

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Vedanta re-appoints Navin Agarwal as Whole Time Director

Vedanta re-appoints Navin Agarwal as Whole Time Director

Metals and mining giant Vedanta Ltd today said Navin Agarwal has been re-appointed as Whole Time Director of the company.

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Transformation of rural ecosystems: Potential impact of renewable energy and electric vehicle convergence

Transformation of rural ecosystems: Potential impact of renewable energy and electric vehicle convergence

With rapidly evolving technologies and business models, there is need to adopt new and fundamentally different pathways to provide clean, cost-effective, and efficient mobility services” said Arvind Panagariya the former Vice Chairman of NITI Aayog in a 2017 report titled India Leaps Ahead: Transformative mobility solutions for all.

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Heavy rains bring down electricity demand in Gujarat

Heavy rains bring down electricity demand in Gujarat

Incessant rains in a large part of Gujarat over the last two days have reduced the demand for electricity by 3,000 mw, an official said today.

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ONGC to be taken on board for rerouting gas pipelines passing from Surat airport

ONGC to be taken on board for rerouting gas pipelines passing from Surat airport

The state government and the Airports Authority of India (AAI) have jointly decided to take the Oil and Natural Gas Corporation (ONGC) on board to work out a solution to reroute or cover its gas pipeline in a time bound manner.

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Russia says may step up oil output further to tackle supply deficit

Russia says may step up oil output further to tackle supply deficit

Russia and other leading oil producers may boost oil output further if supply shortages hit the global oil market, Russian Energy Minister Alexander Novak said on Friday.

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Iraq PM visits oil-rich Basra seeking to calm unrest

Iraq PM visits oil-rich Basra seeking to calm unrest

Iraqi Prime Minister Haider al-Abadi held talks in Basra on Friday in a bid to restore calm in the southern city, which has been gripped by protests over unemployment.

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India's trade deficit widens to more than five-year high in June

India's trade deficit widens to more than five-year high in June

India’s trade deficit widened to its highest in more than five years in June, the trade ministry said on Friday, driven largely by a surge in oil prices and a weaker rupee.

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Crude oil prices fell by about 5% this week as Libyan ports reopen

Crude oil prices fell by about 5% this week as Libyan ports reopen

Oil prices have fallen around 5 percent during this week as Libyan ports reopen and amid hopes that Iran will still export some crude despite US sanctions.

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Railways to Install Plastic Bottle Crushing Machines at 2,000 Stations

Railways to Install Plastic Bottle Crushing Machines at 2,000 Stations

Joining the battle against plastic waste, Indian Railways is installing plastic bottle crushing machines at 2,000 stations across the country.

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On Indian Railways, this mistake can cost you Rs 1,000

On Indian Railways, this mistake can cost you Rs 1,000

Miffed by 'trivial' reasons for stopping trains by the pulling of the alarm chain, Southern Railway today said it has apprehended 737 passengers and collected 2.8 lakh as fine for the offence from January-June 2018.

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Railways distribute E-notebooks to wards of its employees

Railways distribute E-notebooks to wards of its employees

The Chakradharpur Division of South Eastern Railway has distributed electronic note books among 47 girls of lower grade employees, a railway official said.

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How AI could make Indian Railways safer

How AI could make Indian Railways safer

Artificial intelligence (AI) that can diagnose the condition of rail tracks will be used by the railways to prepare a repair and replacement calendar and improve punctuality of trains, according to an official.

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It's Official. Mughalsarai Station's New Name Is Up On Signs And Boards

It's Official. Mughalsarai Station's New Name Is Up On Signs And Boards

The Mughalsarai Railway Station in Uttar Pradesh's Chandauli district has officially been renamed Deen Dayal Upadhyay Junction. The new signage has been put up at the main board of the railway station.

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Train Derails in Cairo's Giza, 55 Injured

Train Derails in Cairo's Giza, 55 Injured

At least 55 people were hurt on Friday in a train derailment in the province of Giza, the Egyptian Health Ministry said. Three carriages of the southbound train left the tracks in the town of Badrashin, the ministry said in a statement, without offering any details on the reasons for the derailment. The injured were taken to several nearby hospitals.

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Good news for Indian Railways passengers; here is what is on cards

Good news for Indian Railways passengers; here is what is on cards

Minister of State for Railways Rajen Gohain today said the unmanned level crossings in the country will be eliminated by 2021, in a bid to check accidents.

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‘Loss due to Metro 3 night ban Rs 6,100cr a year’

‘Loss due to Metro 3 night ban Rs 6,100cr a year’

Restrictions placed by the Bombay high court “till further orders” on late-night construction work (10pm-6am) on the Metro 3 line following complaints from Cuffe Parade residents have resulted in not only a nine-month work delay but also

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Jaipur: Stakeholder nod for Metro Phase II, revised route to connect Ring Road

Jaipur: Stakeholder nod for Metro Phase II, revised route to connect Ring Road

The revised project report for second phase of Jaipur Metro was in principle approved by stakeholders meeting held on Friday. The second phase has been proposed on a length of 29.5 kilometers between Sitapura and VKI and has further provision to be extended by 8 kilometers further of Sitapura to have it connected with the Ring Road by the year 2031.

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