GOOD EVENING INDIA

December 11, 2018, Tuesday

Your Evening News Updates From Across The Media Space

$10 Billion of India Power Debt Near Resolution, State Bank Says

$10 Billion of India Power Debt Near Resolution, State Bank Says

Delinquent loans worth as much as 700 billion rupees ($10 billion) in India’s power sector are in the process of being resolved, according to the nation’s largest bank, helping lenders avoid dragging seven accounts to bankruptcy court under new norms laid out by the regulator.

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RBI deadline ends: Many power(less) plants may fall into bankruptcy

RBI deadline ends: Many power(less) plants may fall into bankruptcy

The next 15 days could see power plants belonging to Jindal and telecom tower firm GTL and petrochemical maker JBF Industries heading to bankruptcy courts as the central bank-set deadline for resolution came to an end at midnight on Monday

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Mumbai's Brabourne stadium gets solar push

Mumbai's Brabourne stadium gets solar push

The next time the floodlights are up for a day-night match at the Brabourne stadium, it will be solar power panels on the roof that will be powering them. On Monday the stadium, which has several sports activities inside the Cricket Club of India

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South Western Railway goes the solar way, 19 buildings get panels

South Western Railway goes the solar way, 19 buildings get panels

The South Western Railway (SWR) has installed solar panels in 19 buildings, including railway stations, workshops and offices, with a total capacity of 3,605kilowatt-peak (kWp). Kilowatt-peak is the power that solar panels generate under standard conditions.

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Centre and 6 CMs sign MoU for Lakhwar multi-purpose project in Uttarakhand

Centre and 6 CMs sign MoU for Lakhwar multi-purpose project in Uttarakhand

Joining hands to meet future water needs of their respective states, chief ministers of five states - Haryana, Uttar Pradesh, Uttarakhand, Himachal Pradesh and Rajasthan - and Delhi will assemble here on Tuesday to sign an MoU

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CERC asked to pass new duties, taxes to power users

CERC asked to pass new duties, taxes to power users

In a bid to address stress in the power sector, the central government on Monday issued directives to the Central Electricity Regulatory Commission (CERC) to treat change in domestic duties, levies, cess and taxes by Centre

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PTC India begins supply of 126 MW wind power

PTC India begins supply of 126 MW wind power

Economic Times reported that PTC India begins supply of 126 MW wind power to UP, Bihar, Jharkhand, Odisha New Delhi: Power trading solutions provider PTC India today announced that it has operationalised the flow or supply

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RBI deadline over, 20 new NPA accounts to go to NCLT

RBI deadline over, 20 new NPA accounts to go to NCLT

As the deadline set by the Reserve Bank of India (RBI) for resolution of stressed assets ended Monday, lenders have decided to refer 20 of at least 32 NPA accounts to bankruptcy courts, according to two bankers aware of the matter.

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India seeks Russia’s help in new bid to enter Nuclear Suppliers Group

India seeks Russia’s help in new bid to enter Nuclear Suppliers Group

Foreign secretary Vijay Gokhale visited Russia last week to follow up on Prime Minister Narendra Modi and President Vladimir Putin’s informal summit in May and to lobby for India’s Nuclear Suppliers Group (NSG) membership.

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Biojet fuel is greenhouse gas neutral and environment-friendly: Dr Harshvardhan

Biojet fuel is greenhouse gas neutral and environment-friendly: Dr Harshvardhan

The Science and Technology Minister Dr Harshvardhan on Monday said that Biojet fuel is greenhouse gas neutral, carbon neutral and that the CO2 emitted during burning is sequestered during growth of the vegetation.

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Fossil fuel market due for overhaul

Fossil fuel market due for overhaul

Recently, the government banned the use of petcoke as a fuel. Petcoke is a more polluting fuel than coal, and India is one of its largest importer and consumer. However, the Directorate General of Foreign Trade has allowed its import,

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GAIL stays single but will lose petrochem business

GAIL stays single but will lose petrochem business

French energy major Total SA is exiting the Hazira LNG (liquefied natural gas) project in Gujarat by selling its 26% stake to partner Royal Dutch Shell, the two companies said in separate statements on Monday without giving financial details of the deal.

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Diesel Prices At Record Highs, Petrol Prices Also Rise. Check Fuel Rates Here

Diesel Prices At Record Highs, Petrol Prices Also Rise. Check Fuel Rates Here

Diesel prices hit fresh record levels in four metros across the country on Tuesday.Oil Marketing Companies (OMCs) increased the prices of both petrol and diesel today for a third straight day.

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A Saudi-Iran oil price war could break up Opec

A Saudi-Iran oil price war could break up Opec

Iran has made clear that it will not stop exporting oil and China has made clear it will not stop buying it
Business Insider. When Opec and Russia shook on increasing crude oil

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Rising oil prices could take a bite out of India's economy

Rising oil prices could take a bite out of India's economy

The Indian economy is in for a rough ride, with rising oil prices set to continue weighing on its already-weakened currency, widen its deficit, and affect its growth outlook.

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Now, used cooking oil from eateries to be used for biofuel

Now, used cooking oil from eateries to be used for biofuel

The Biofuel Authority of Rajasthan has decided to find a solution about the used cooking oil in the restaurants of the city that can be really harmful for public health. The department has decided to register a few firms that will collect used cooking oil

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After Saubhagya, govt plans induction stoves for the poor

After Saubhagya, govt plans induction stoves for the poor

The National Democratic Alliance (NDA) government is working on an ambitious plan to provide induction stoves to poor households in rural and urban India. The scheme being explored by the Union power ministry

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SMEs can play a key role in railway sector manufacturing: EY-FICCI report

SMEs can play a key role in railway sector manufacturing: EY-FICCI report

The Indian Railways is a behemoth - it carries close to 1.2 billion tonnes of freight per annum and over 23 million passengers in 19,000 trains that run everyday, as per findings in a recent EY-FICCI report on the manufacturing potential in the railways sector.

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Gadkari directs NH, NHAI to make Shiradi Ghat operational within a week

Gadkari directs NH, NHAI to make Shiradi Ghat operational within a week

A high powered meeting convened by minister for road transport and highways Nitin Gadkari at his office in Delhi on Tuesday at the behest of Dakshina Kannada MP Nalin Kumar Kateel has taken important decisions pertaining to languishing National Highway projects in the district.

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Bharatmala bonds to debut in October

Bharatmala bonds to debut in October

The first retail bond to raise funds for Bharatmala Programme is likely to hit the domestic market in October this year. The bond will be issued by the National Highways Authority of India (NHAI) and titled as ‘Bharatmala Bond’ to raise around Rs 3,000 crore.

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Bengaluru's wait for electric buses gets longer

Bengaluru's wait for electric buses gets longer

The Bengaluru Metropolitan Transport Corporation’s (BMTC) ambitious plan of rolling out a fleet of electric buses may not materialise now. Although the transport utility had planned to operate electric buses from October

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Ghaziabad metro starts full signalling trials

Ghaziabad metro starts full signalling trials

Two days after conducting a preliminary trial on the 9.41 km Dilshad Garden-New Bus Stand metro corridor, the DMRC on Monday started full signalling trials on the route. District magistrate and vice-chairperson of GDA

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Many railway stations to get new foot bridges soona

Many railway stations to get new foot bridges soona

The Railway Board has sanctioned Rs 1.17 crore to the Danapur division of East Central Railway (ECR) for carrying out projects related to passenger amenities at different stations in the ongoing financial year 2018-2019.

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JNPT, Indian Railways, states to sign MoU for Rs 8,574 cr rail project

JNPT, Indian Railways, states to sign MoU for Rs 8,574 cr rail project

The government today said that JNPT, Railways and state governments of Madhya Pradesh and Maharashtra will enter into a pact tomorrow for implementing Rs 8,574.79 crore Indore- Manmad Railway Line Project.

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