GOOD EVENING INDIA

December 14, 2018, Friday

Your Evening News Updates From Across The Media Space

Power plants 'critical' amid coal crunch

Power plants 'critical' amid coal crunch

Coal shortage across the country has once again resurfaced with equal severity, a sort of rerun of the crisis situation that was earlier seen in April. Coal stocks available with thermal power plants

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₹1,000 crore subsidy likely for EV charging infrastructure

₹1,000 crore subsidy likely for EV charging infrastructure

The Union government plans to provide ₹1,000 crore as subsidy for building a nationwide charging infrastructure for electric vehicles as it seeks to expedite the roll-out of India’s ambitious EV programme, said two people aware of the development on condition of anonymity.

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SECI's fresh wind energy tender for 1,200 Mw sees better response

SECI's fresh wind energy tender for 1,200 Mw sees better response

The Solar Energy Corporation of India’s revised wind tender following cancellation of the earlier one has attracted a marginally better response as transmission issues continue to worry developers.

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SAIL declines dividend to govt, cites financial covenant risk

SAIL declines dividend to govt, cites financial covenant risk

State-owned Steel Authority of India Ltd (SAIL) has declined a government call for a dividend this year, saying it did not have "any cash and bank balance" and that its debt-to-income ratio was much higher than agreed with some lenders

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More than 30 lakh consumers in suburbs to get Sept bills under Adani Electricity

More than 30 lakh consumers in suburbs to get Sept bills under Adani Electricity

More than 30 lakh Reliance Energy consumers in the suburbs, who technically migrated to Adani Transmission Ltd (ATL) on Thursday morning, will now get their September bills under the name of the new power entity, Adani Electricity Mumbai Ltd (AEML).

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Aluminium players seek regular fuel supply

Aluminium players seek regular fuel supply

Aluminium players in the country have sought government intervention to mitigate the shortage in coal supply, owing to inadequate rail rakes. Drawing the attention of the PMO and others to the issue, the power-intensive industry

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Niti MOVEs to chalk out policy on air pollution

Niti MOVEs to chalk out policy on air pollution

The government will frame a comprehensive air-pollution policy for cities which is likely to leverage shared mobility, electric vehicle mobility and zero-emission mobility.

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Cap on solar tariffs a threat to capacity addition plans, project viability: Ind-Ra

Cap on solar tariffs a threat to capacity addition plans, project viability: Ind-Ra

Any cap on solar power tariffs in future auctions could dampen free market sentiment and prove to be an Achilles heel for the plans of the Ministry of New and Renewable Energy (MNRE) to achieve the solar power capacity target of 100 GW by 2022,

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As power sector resolution reaches endgame, lenders in investor focus

As power sector resolution reaches endgame, lenders in investor focus

The Allahabad high court’s decision to deny relief to power companies facing debt servicing problems may have stoked fears of a fresh bout of write-offs for the banking sector. But the decision has triggered a rally in the shares of Power Finance Corp. Ltd

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Malaysia takes India to WTO's safeguard committee on solar duty

Malaysia takes India to WTO's safeguard committee on solar duty

Malaysia has sought consultations with India under the WTO's safeguard agreement against New Delhi's decision to impose import duty on solar cells, the World Trade Organisation (WTO) said today. The consultations, however, don't fall under the WTO's dispute settlement system.

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Hindustan Petroleum to invest Rs 75,000 crore over next five years: Chairman

Hindustan Petroleum to invest Rs 75,000 crore over next five years: Chairman

Hindustan Petroleum Corp (HPCL), the country’s third-largest fuel retailer, plans to invest Rs 75,000 crore over the next five years in various projects, said M K Surana, Chairman and Managing Director at HPCL.

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No Relief For Commoners As Petrol & Diesel Prices Hike To Rs 78.52/Litre & Rs 70.21/Litre In Delhi

No Relief For Commoners As Petrol & Diesel Prices Hike To Rs 78.52/Litre & Rs 70.21/Litre In Delhi

With the Indian Rupee hitting a new low on a daily basis, the petrol prices are no less as in the metropolitan cities fuel prices continue to surge. In a yet another high on Friday, the petrol price in Delhi reached Rs 78.52/litre

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Oil prices poised for further hike: International Energy Agency

Oil prices poised for further hike: International Energy Agency

Petrol and diesel prices, already hovering near record levels, are poised to soar further as the head of the International Energy Agency sees robust global demand rapidly outpacing dwindling supply, boosting crude rates.

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GAIL jumps 2% on MoU with Indian Railways

GAIL jumps 2% on MoU with Indian Railways

Shares of GAIL rose over 2 per cent on Friday after Indian Railways teamed up with the state gas utility to use natural gas in its workshops and production units. The move will pave the way for supply of natural gas to railway workshops

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Cairn India Plans To Invest $2.5 Billion To Boost Output

Cairn India Plans To Invest $2.5 Billion To Boost Output

Cairn India Ltd., part of billionaire Anil Agarwal-led Vedanta Ltd., plans to more than double its crude oil production in the next three-four years. “We’re currently producing 200,000 barrels of crude oil per day from the Mangala

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IRCTC train ticket refund rules: Everything you need to know

IRCTC train ticket refund rules: Everything you need to know

Indian Railways have very stringent rules regarding refund of booking amount on ticket cancellation. Sometimes, passengers have to change their travel plans at the last moment due to poor weather, family obligations

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Delhi Metro’s plan for 427 feeder buses stuck over ‘cost issues’

Delhi Metro’s plan for 427 feeder buses stuck over ‘cost issues’

The Delhi Metro Rail Corporation’s (DMRC) proposal to induct 427 air-conditioned feeder buses to improve lastmile connectivity across the city’s Metro stations has been sent back to the drawing board over “cost issues”, officials said.

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Khattar to launch city bus service on September 2

Khattar to launch city bus service on September 2

Having missed several deadlines, the much-delayed city bus service of the Gurugram Metropolitan City Bus Limited is now scheduled to be launched by Haryana Chief Minister Manohar Lal Khattar on September 2. T

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How Indian Railways bullet train project plans to save thousands of trees by using this cool machine!

How Indian Railways bullet train project plans to save thousands of trees by using this cool machine!

Bullet train project striving to be environment friendly! In a noteworthy step, India’s first bullet train project is trying to replant the trees that will have to be removed to make way for tracks, stations and workshops.

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Reverse Auction in play as 13 firms bid to supply 21,758 Wagons to Railways

Reverse Auction in play as 13 firms bid to supply 21,758 Wagons to Railways

In a first, Indian Railways is set to opt for the reverse auction method to decide on its wagon tender as 13 players have entered the race to manufacture 21,758 wagons at an estimated cost of Rs 5,600 crore – the largest wagon order ever for the national transporter.

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NHAI initiates takeover of land to build Delhi stretch of Dwarka e-way

NHAI initiates takeover of land to build Delhi stretch of Dwarka e-way

In a major step towards starting the construction of the Delhi section of Dwarka Expressway, officially known as the Northern Peripheral Road (NPR), the National Highways Authority of India (NHAI), on Thursday

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South Western Railways roll back superfast charge for season ticket holders

South Western Railways roll back superfast charge for season ticket holders

In a major relief to season ticket holders commuting between Bengaluru and Mysuru, the South Western Railway (SWR) announced on Thursday night that superfast supplementary surcharge will not be applicable from Friday in four pairs of trains which were recently converted as super fast trains.

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5 new coaches for Matheran toy train

5 new coaches for Matheran toy train

The scenic journey on the Matheran toy train is set to get more comfortable with five new coaches manufactured. Sources said one of these will be converted into an air-conditioned coach and will be tentatively introduced by October.

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16 Indian companies bid to develop bullet train's first terminal: NHRCL

16 Indian companies bid to develop bullet train's first terminal: NHRCL

As many as 16 companies based in India have shown interest in development of the multi-model Sabarmati terminal hub of the Ahmedabad-Mumbai bullet train project, NHRCL, the executing agency of the high speed corridor, said today.

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Delhi court grants bail to Rabri, Tejashwi in IRCTC case

Delhi court grants bail to Rabri, Tejashwi in IRCTC case

A Delhi court on Friday granted bail to former Bihar Chief Minister Rabri Devi and her son Tejashwi Yadav in connection with Indian Railway Catering and Tourism Corporation (IRCTC) hotels maintenance contract scam.

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