GOOD EVENING INDIA

December 17, 2018, Monday

Your Evening News Updates From Across The Media Space

PTC India begins supply of 126 MW wind power to UP, Bihar, Jharkhand, Odisha

PTC India begins supply of 126 MW wind power to UP, Bihar, Jharkhand, Odisha

Power trading solutions provider PTC India today announced that it has operationalised the flow or supply of 126 MW inter-state wind power commissioned capacity to different beneficiary states under government scheme. The power will flow (be supplied) to Uttar Pradesh, Bihar, Jharkhand, and Odisha, a PTC India statement said.

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SBI chalks out resolution plans for six stressed power assets, says report

SBI chalks out resolution plans for six stressed power assets, says report

The country's largest lender, State Bank of India (SBI), has framed resolution plans for six stressed power assets, reported Business Standard. But their future is still uncertain as other lenders are yet to come on board even as the Reserve Bank of India’s deadline for beginning insolvency proceedings ends on August 27

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Resolution soon on 7-8 stressed power assets worth Rs 17,000 crore, says SBI MD

Resolution soon on 7-8 stressed power assets worth Rs 17,000 crore, says SBI MD

State Bank of India managing director Arijit Basu said today that about 7-8 power sector projects worth Rs 17,000 crore are expected to be resolved soon as lenders are nearing consensus on these.

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India’s First Inter State Transmission System Connected 126 MW Wind Power Project Commissioned

India’s First Inter State Transmission System Connected 126 MW Wind Power Project Commissioned

Solar Energy Corporation of India Limited (SECI) conducted India’s first auction of wind power projects in February 2017 in which tariff of Rs. 3.46 was discovered, which was much lower than feed in tariffs in vogue those days.

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MNRE Drafts Schedule for Issue of Solar Tenders to Ensure Sustained Activity in the Sector

MNRE Drafts Schedule for Issue of Solar Tenders to Ensure Sustained Activity in the Sector

The Ministry of New and Renewable Energy (MNRE) has written to the central and state governments as well as public sector implementing agencies, asking them to follow a set timetable for tendering of solar photovoltaic (PV) capacities.

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Punjab power consumers to get relief from high tariffs

Punjab power consumers to get relief from high tariffs

Power consumers in Punjab are set to get relief from high tariffs in the next financial year as the state will start getting low-cost fuel to generate electricity from a captive coal mine from next year, which will reduce its costs by 60%.

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How a rooftop solar power plant saved lives in times of deluge

How a rooftop solar power plant saved lives in times of deluge

It was five years ago that Dr AP Sreekumar, a staunch environmentalist, installed a rooftop solar power plant at his house in Chengannur in Kerala's Alappuzha district. Little did he know then that one day it would help save lives during the devastating floods in the state.

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Rs 5,500 cr FAME II scheme finalised; all EVs to get subsidy support

Rs 5,500 cr FAME II scheme finalised; all EVs to get subsidy support

An inter-ministerial panel has finalised the roadmap for the second phase of FAME India scheme with an outlay of around Rs 5,500 crore spanning over five years and subsidy support for all types of electric vehicles, official sources said.

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Inland Waterways For Fly Ash Transportation At NTPC Kahalgaon

Inland Waterways For Fly Ash Transportation At NTPC Kahalgaon

To increase the Fly Ash utilization, NTPC along with team of Inland Waterways Authority of India (IWAI), Ministry of Shipping, GoI explored the possibility for transporting fly ash through Inland Waterways from NTPC- Kahalgaon.

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Energy Efficiency summit 2018 in Hyderabad

Energy Efficiency summit 2018 in Hyderabad

The Confederation of Indian Industry ,CII -Godrej GBC is organizing the three days annual Energy Efficiency Summit in Hyderabad from August 29-31

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Resurgent, Adani, JSW & Vedanta eye stressed power projects at half of cost

Resurgent, Adani, JSW & Vedanta eye stressed power projects at half of cost

Tata Power and ICICI Ventures-backed Resurgent Power, Adani Power, JSW Energy and Vedanta Plc are eyeing a large chunk of stressed power assets at half of the projects’ cost as lenders rush to close deals ahead of August 27 deadline.

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Government sets schedule for state entities to float solar tenders

Government sets schedule for state entities to float solar tenders

The government has set a schedule for state companies and official agencies to float solar tenders in a move aimed at spacing out the offer of large project capacities and preventing distortion of the market.

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India’s Solar Sector Received Investments Totaling $1.86 Billion in Q2 2018

India’s Solar Sector Received Investments Totaling $1.86 Billion in Q2 2018

The Indian solar sector received investments to the tune of $1.86 billion in the second quarter (Q2) of calendar year (CY) 2018 according to Mercom India Quarterly Market Updates. Investments declined 26 percent quarter-over-quarter compared to $2.5 billion that poured into the sector in Q1 CY 2018.

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India's crude oil refinery output jumps 12.6% in July 2018

India's crude oil refinery output jumps 12.6% in July 2018

India's crude oil refinery output increased 12.6% to 22.30 mt in July 2018 over July 2017. The output of public sector refineries rose 8.4% to 12.29 mt, while the output of public-private JV refiners zoomed 107.4% to 1.55 mt.

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India's Crude Oil Production Falls 3.16% This Fiscal

India's Crude Oil Production Falls 3.16% This Fiscal

India's Crude oil production during July, 2018 was2896.24 TMT which is 6.66% lower than target and 5.39% lower when compared with July, 2017. Cumulative crude oil production during April-July,

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Petrol, diesel price on 24th August 2018: Check out rates in metro cities

Petrol, diesel price on 24th August 2018: Check out rates in metro cities

Petrol and Diesel prices were hiked afeter a pause of two consecutive days in four metro cities, applicable from 6:00 a.m. on 24th August 2018.

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Business Opportunity: Portable Petrol Pumps to Come to India Soon

Business Opportunity: Portable Petrol Pumps to Come to India Soon

Portable petrol pumps are new to India and Alinz has received approval from the Ministry of Petroleum and Natural Gas to manufacture them. Alinz told PTI reporters this week that it has tied up with Czech firm Petrocard to set up four manufacturing units in India to make machines for such pumps at an investment of Rs 1,600 crore.

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CIL, NTPC, IOC's Rs 21,000 cr fertiliser project takes off

CIL, NTPC, IOC's Rs 21,000 cr fertiliser project takes off

The Rs 21,000 crore mega fertiliser project of Hindustan Urvarak & Rasayan, a three-way joint venture between Coal India Ltd (CIL), NTPC and Indian Oil Corp (IOC), has finally taken off.

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DGFT bans bio-fuel imports for fuel purposes

DGFT bans bio-fuel imports for fuel purposes

The Directorate-General of Foreign Trade has banned the import of bio-fuels being used to run vehicles. It, however, allowed imports of bio-fuels for ‘non-fuel’ purposes.

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Railways to complete projects worth Rs 50,000 crore ahead of 2019 elections

Railways to complete projects worth Rs 50,000 crore ahead of 2019 elections

One of Prime Minister Narendra Modi's key electoral promises was a high speed rail network. And this is a promise he intends to keep. The buzz is that the Indian Railways is moving full throttle to complete several projects

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Now, Swipe Your Metro Card To Pay For All DTC, Cluster Bus Rides In Delhi

Now, Swipe Your Metro Card To Pay For All DTC, Cluster Bus Rides In Delhi

The AAP-led Delhi government today announced that Delhi Metro Cards will now be valid on all DTC and cluster buses. This means that commuters will be able to change between various modes of public transport using the Delhi metro card and travel seamlessly across the city from August 24.

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First trial of Ahmedabad Metro in January; Metro to be integrated with railway station, bullet train project!

First trial of Ahmedabad Metro in January; Metro to be integrated with railway station, bullet train project!

Big infrastructure boost for Ahmedabad! Recently, Gujarat Chief Minister Vijay Rupani announced that the first trial run of the much-awaited Ahmedabad metro train would be conducted in the month of January, next year.

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Mumbai: Taller terminus building plan may delay bullet train

Mumbai: Taller terminus building plan may delay bullet train

The ambitious Mumbai-Ahmedabad bullet train project may face further delays as the Mumbai Metropolitan Region Development Authority(MMRDA) has asked the state government to pitch for raising the height limit for the International Financial Services Centre

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PM Narendra Modi’s brainchild rail varsity ready for September 5 launch

PM Narendra Modi’s brainchild rail varsity ready for September 5 launch

A major promise of the BJP-led Narendra Modi government in the rail sector, the country’s first Railway University at Vadodara is ready to begin classes on Teachers’ Day next month.

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Indian Railways: Piyush Goyal reviews the performance of Central, Western and Konkan Railway

Indian Railways: Piyush Goyal reviews the performance of Central, Western and Konkan Railway

Railways Minister Piyush Goyal reviewed the performance of Zonal Railways viz Central Railway, Western Railway & Konkan Railway on Thursday with the General Managers and other senior officials of Zonal Railways & Konkan Railway in Mumbai.

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Hospital on tracks for poor patients

Hospital on tracks for poor patients

More than 700 patients so far have been diagnosed and treated in last four days by doctors of Lifeline Express, a seven-coach train equipped with medical facilities. Stationed at Kashi railway station

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