GOOD EVENING INDIA

December 17, 2018, Monday

Your Evening News Updates From Across The Media Space

Surprise! India now has too much electricity — and it has a cost

Surprise! India now has too much electricity — and it has a cost

With the successful push for tapping the renewable energy, India, which once faced electricity shortage now has too much of it. India’s gross electricity capacity is much higher than the demand.

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India struggles to stay cool amidst global warming: Report

India struggles to stay cool amidst global warming: Report

India is among the nine most populous countries where people are at risk from lack of access to cooling as global warming continues to threaten health and climate, according to a study of a UN-led initiative.

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UPiites to bear load of power tariff hike with installation of FGD system in all thermal stations

UPiites to bear load of power tariff hike with installation of FGD system in all thermal stations

Power consumers in Uttar Pradesh will have to face another round of steep hike in their power bills, as Uttar Pradesh Power Corporation Limited(UPPCL) will install costly Flue-gas desulfurization (FGD)system in all the thermal powers

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Solar panel import menace: India levies safeguard duty; this jaw-dropping import surge explains why

Solar panel import menace: India levies safeguard duty; this jaw-dropping import surge explains why

The commerce ministry today recommended imposition of safeguard duty for two years on solar cells imports to protect domestic players from steep rise in the inbound shipments of the product.

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GE Power to deliver world’s largest Wide Area Monitoring System (WAMS) in India

GE Power to deliver world’s largest Wide Area Monitoring System (WAMS) in India

GE Power’s Grid Solutions business announced the commissioning of the first leg of the mega grid-stabilising project. The project begins by handing over what will be the worlds largest WAMS over to the Power Grid Corporation of India Ltd (PGCIL) for the northern grid in India.

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Power plant will be built to meet power needs of Gautam Budh Nagar: Mahesh Sharma

Power plant will be built to meet power needs of Gautam Budh Nagar: Mahesh Sharma

Union Minister Mahesh Sharma today said that a power plant will be built to meet the electricity demands of Gautam Budh Nagar district and the region.

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L&T Hydrocarbon Engineering bags onshore contract from HPCL-Mittal Energy

L&T Hydrocarbon Engineering bags onshore contract from HPCL-Mittal Energy

L&T Hydrocarbon Engineering has bagged an onshore EPC contract from HPCL-Mittal Energy for setting up cracker furnaces at their Bathinda Refinery in Punjab.

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India Proposes 25% Duty on China, Malaysia Solar Cells

India Proposes 25% Duty on China, Malaysia Solar Cells

India has recommended imposing a 25 percent safeguard duty on solar cells from China and Malaysia, saying the overseas supplies have caused or threatened “serious injury” to domestic manufacturers.

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Kim slams local North Koreans for unfinished power plant

Kim slams local North Koreans for unfinished power plant

North Korean leader Kim Jong Un has blasted local officials over a delayed construction project, state media reported today, his second such rebuke over the economy in recent weeks.

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NCLAT may give ArcelorMittal & Numetal more time in Essar Steel case

NCLAT may give ArcelorMittal & Numetal more time in Essar Steel case

Mint reported that the National Company Law Appellate Tribunal (NCLAT) on Monday hinted at giving a chance to both Numetal Ltd and ArcelorMittal India Ltd, the resolution applicants who submitted bids for Essar Steel Ltd, to cure ineligibilities after which revised bids may be invited from the companies.

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JSW Steel restarts coking coal mining in US

JSW Steel restarts coking coal mining in US

Business Line reported tat JSW Steel has restarted coking coal mining in the US after a gap of almost three years. Operations in the mines located in West Virginia were suspended after coking coal prices dropped below production cost.

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Dharmendra Pradhan lays foundation stone for NSTI

Dharmendra Pradhan lays foundation stone for NSTI

In an effort to meet the rising demand for skilled manpower, Ministry of Skill Development and Entrepreneurship has announced to launch the National Skill Training Institute (NSTI) in Barang, Bhubaneswar.

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Wary of high gas prices, Essar to go slow on plan to build LNG terminals

Wary of high gas prices, Essar to go slow on plan to build LNG terminals

With natural gas prices shooting up globally, Essar Ports is going slow on its plans to build liquefied natural gas terminals at the Hazira port in Gujarat, chief executive officer Rajiv Agarwal told Mint.

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India’s oil import bill balloons 57 per cent to $12.73 billion in June

India’s oil import bill balloons 57 per cent to $12.73 billion in June

India’s import bill of crude oil and petroleum products swelled 57 per cent to $12.73 billion in June as compared to the same month last year.

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Ship with 2.3L litre diesel runs aground, no fear of fuel spill

Ship with 2.3L litre diesel runs aground, no fear of fuel spill

The Indian Coast Guard and other agencies sprung into action after a ship, carrying 2.3 lakh litre diesel, ran aground near Porbandar. Authorities, however, said there was no threat of oil spill, and that they have begun removing the fuel.

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Crude oil prices decline as supply concerns ease

Crude oil prices decline as supply concerns ease

Crude oil prices have started on a weak note. The supply concerns are eased and there are potential supply increase that the markets are readying themselves with, especially from Russia and Saudi Arabia, and that is pulling the prices lower

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India, Iran discuss boosting economic cooperation, connectivity

India, Iran discuss boosting economic cooperation, connectivity

India and Iran on Monday discussed strengthening economic cooperation and enhancing connectivity during a delegation-level meeting between Foreign Secretary Vijay Gokhale and Iranian Deputy Foreign Minister Seyyed Abbas Araghchi here.

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Saudis offer extra oil in Asia as OPEC leader pumps more

Saudis offer extra oil in Asia as OPEC leader pumps more

Evidence is mounting that Saudi Arabia is heeding US President Donald Trump’s call for OPEC to keep the oil market amply supplied and rein in prices.

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Relief for India? US to consider waivers on Iran sanctions, says Mnuchin

Relief for India? US to consider waivers on Iran sanctions, says Mnuchin

The United States in certain cases will consider waivers for countries that need more time to wind down imports of oil from Iran as it seeks to avoid disrupting global oil markets while reimposing sanctions against Tehran, US Treasury Secretary Steven Mnuchin said.

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Brent crude slips to 3-month low; here are three key concerns

Brent crude slips to 3-month low; here are three key concerns

Oil prices slumped more than 4 percent on Monday, with Brent reaching a three-month low, as Libyan ports reopened and traders eyed potential supply increases by Russia and other producers.

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Petrol, diesel price on 17th July 2018: Check out rates in metro cities

Petrol, diesel price on 17th July 2018: Check out rates in metro cities

Petrol and diesel prices were both unchanged in four metro cities applicable from 6:00 a.m. on 17th July 2018. Last month, members of the Organisation of the Petroleum Exporting Countries (OPEC), agreed to jointly increase oil production, which was estimated to be about one million barrels a day.

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Sharp Crude Price Swings May Hit Inventory, HPCL’s Surana Says

Sharp Crude Price Swings May Hit Inventory, HPCL’s Surana Says

State-run Hindustan Petroleum Corp. Ltd. is expecting a hit on its inventory due to the sharp movement in crude oil prices.

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Didn't join railways to build seniors' house: Trackman makes appeal to Piyush Goyal

Didn't join railways to build seniors' house: Trackman makes appeal to Piyush Goyal

Making an emotional appeal to Railway Minister Piyush Goyal, a trackman from the Northern Railways has complained that seniors treat Group D employees like bonded labourers and his senior has employed him and five other trackmen to build his private house than maintenance of rail tracks.

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N Railways gets automatic coach cleaning

N Railways gets automatic coach cleaning

In a bid to save water and improve efficiency in the cleaning of trains, the Northern Railways has started using `Automatic Train Coach Washing System'.The first plant of this Automatic Train Coach Washing System is undergoing commissioning trials at New Delhi's Hazrat Nizamuddin station.

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Railways, MahaMetro ink pact to create MRTS in Nagpur; MOU for Nagpur-Mumbai High Speed Rail corridor signed

Railways, MahaMetro ink pact to create MRTS in Nagpur; MOU for Nagpur-Mumbai High Speed Rail corridor signed

Indian Railways and MahaMetro (Metro Railway Project Company of Maharashtra) today signed an MoU for linking railway line

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Indian Railways operating ratio improves with on-time performance of Trains in July

Indian Railways operating ratio improves with on-time performance of Trains in July

Indian Railways has improved the on time performance of its trains in July. The punctuality score of the national transporter has increased from low levels of around 60 per cent (between April and June) to 70 per cent in first two weeks of July.

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Railway Board rolls back its Order delegating more powers to DRMs

Railway Board rolls back its Order delegating more powers to DRMs

The Railway Board has reversed its order delegating power to Divisional Railway Managers (DRMs), rolling back a key reform that had been implemented last year. DRMs are additional secretary or senior joint secretary rank officials and operational heads of the railways across all its 68 divisions.

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Government raises load capacity for heavy vehicles by 20-25 per cent

Government raises load capacity for heavy vehicles by 20-25 per cent

The Centre has increased the official maximum load carrying capacity of heavy vehicles, including trucks, by 20-25% besides scrapping the mandatory annual renewal of fitness certificates for freight carriers.

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Soon, just carry e-versions of vehicle papers

Soon, just carry e-versions of vehicle papers

Waking up to some of the state transport authorities and traffic police not accepting the digital version of driving licence and registration certificates, the Centre is set to amend the Motor Vehicles Rules making it compulsory for authorities to accept digital version of of all vehicle documents including pollution under control certificates and insurance documents.

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Centre is authority for bullet train notification’

Centre is authority for bullet train notification’

The state government on Monday told the Gujarat high court that the Centre is the appropriate authority to carry out the land acquisition process for the bullet train project, but it can work in tandem with the state government.

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After 10 years, Western Railway starts laying 5th line at Bandra Terminus

After 10 years, Western Railway starts laying 5th line at Bandra Terminus

After almost a decade, the Western Railway have finally started work at Bandra terminus end for laying the fifth line. The line meant for running long distance trains, was missing between Santacruz and Mahim.

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Railways to get first dedicated corridor for freight trains on August 15

Railways to get first dedicated corridor for freight trains on August 15

After 165 years of its birth, Indian Railways is set to get its first publicly-owned dedicated corridor for freight trains on August 15, when the country will be celebrating its 72nd Independence Day.

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‘EPG report will help ‘reset’ Nepal-India ties’

‘EPG report will help ‘reset’ Nepal-India ties’

Minister of Foreign Affairs Pradeep Kumar Gyawali today said the report finalised by the Eminent Persons Group on Nepal-India Relations would help ‘reset’ Nepal-India relations in line with the realities of the 21st century.

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