GOOD EVENING INDIA

December 11, 2018, Tuesday

Your Evening News Updates From Across The Media Space

Delhi, Uttar Pradesh, 3 other states may face power disruption due to coal supply issues

Delhi, Uttar Pradesh, 3 other states may face power disruption due to coal supply issues

Power supply to North India including Delhi and Uttar Pradesh, Bihar, Jharkhand and West Bengal is vulnerable to disruptions as fuel supply to 4,200 mw of generation capacity that feeds these states has fallen sharply heightening the risk of a shutdown from events like heavy rain.

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India's crude steel output up 8 per cent in July: World Steel Association

India's crude steel output up 8 per cent in July: World Steel Association

India's crude steel output increased by 8 per cent to 9 million tonnes (MT) in July this year, according to the World Steel Association. The country had produced 8.33 MT crude steel in the same month a year ago

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Coal import scam: Congress demands SIT probe against Adani Group

Coal import scam: Congress demands SIT probe against Adani Group

Slamming the Centre over stalled probe against the Adani Group, the Congress on Monday demanded an independent probe into the case by a Special Investigation Team (SIT). The party demanded time-bound probe into the alleged Rs 29,000-crore

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Aligarh Muslim University to hold workshop on green initiatives

Aligarh Muslim University to hold workshop on green initiatives

AMU will hold a five-day programme on “Grid Connected Solar PV Rooftop”, a green initiative, starting September 4, where engineers and science and management graduates can participate.

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Now MSEDCL consumers will not face shortage of electricity meters

Now MSEDCL consumers will not face shortage of electricity meters

Maharashtra State Electricity Distribution Company Limited(MSEDCL), the state run power utility firm which supplies electricity to 2.5 crore consumers, has adequate meters to fulfill the requirement across Maharashtra, a spokesperson said on Monday.

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Banks may face 60% haircut on power loans

Banks may face 60% haircut on power loans

Banks may have to take a haircut of as much as 60% from the close to Rs 1.8 lakh crore of loans to the power sector after the Allahabad High Court denied power companies interim relief from Reserve Bank of India’s tightened NPA regulations

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Congress seeks independent probe into coal import scam

Congress seeks independent probe into coal import scam

The Congress on Monday targeted the Centre over a stalled probe against the Adani Group and demanded a time-bound, independent probe by a Special Investigation Team (SIT) into an alleged Rs 29,000-crore scam involving over-valuation of coal imports.

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Shell Energy meet: K’taka govt announces Rs 50 lakh grant for startups with social focus

Shell Energy meet: K’taka govt announces Rs 50 lakh grant for startups with social focus

The Government of Karnataka has committed a grant of Rs 50 lakh for start-ups with a strong social bent and working in rural development in the state. This was announced by Priyank Kharge, Minister for Social Welfare, at the first Shell Energy

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India, France Boosting Solar Power Generation

India, France Boosting Solar Power Generation

India and France have joined hands to spearhead a global "solar revolution" with the aim of generating 1 terawatt of energy by 2030, an ambitious goal that requires $1 trillion.

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Oil prices jump as Gulf of Mexico rigs evacuated

Oil prices jump as Gulf of Mexico rigs evacuated

Oil prices rose sharply on Tuesday after the evacuation of two Gulf of Mexico oil platforms in preparation for a hurricane. U.S. light crude rose $1.31 a barrel from Friday's close to a peak of $71.11

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Petrol will soon touch Rs 100, says Andhra Pradesh CM Chandrababu Naidu

Petrol will soon touch Rs 100, says Andhra Pradesh CM Chandrababu Naidu

Criticising the Narendra Modi-led government for the continuous rise in fuel prices, Andhra Pradesh Chief Minister Chandrababu Naidu said that soon petrol would be sold at Rs 100 per litre.

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India, China face mounting pressure from US; Trump says stop buying oil from Iran or face sanctions

India, China face mounting pressure from US; Trump says stop buying oil from Iran or face sanctions

The world’s top oil buyers are discovering that U.S. sanctions on Iran will squeeze their trade flows whether they agree with America or not. It was only about three months ago that India’s foreign ministe

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Rising oil prices will result in increase in India’s current account deficit, says Geosphere Capital

Rising oil prices will result in increase in India’s current account deficit, says Geosphere Capital

Rise in oil prices would widen India's current account deficit, said Arvind Sanger, managing partner of Geosphere Capital Management. “Oil continue to climb because Iranian curtailment of exports is just beginning and as that continues to build,

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Lenders seek extension on resolution proceedings against Videocon Oil

Lenders seek extension on resolution proceedings against Videocon Oil

Led by State Bank of India (SBI), lenders have sought the Reserve Bank of India’s (RBI’s) permission to suspend debt resolution proceedings against Videocon Oil Ventures, a subsidiary of Videocon Industries, for two years.

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Petrol price breaks its own record of all-time high, reaches Rs 86.72/litre in Mumbai; check out fuel price in other cities

Petrol price breaks its own record of all-time high, reaches Rs 86.72/litre in Mumbai; check out fuel price in other cities

The uptrend in petrol price hikes continued on Tuesday, with the fuel touching a fresh high across the country. Petrol hit Rs 86.72 per litre in Mumbai, an increase of 16 paise from its Monday's price. The price of diesel remained static at Rs 75.74 per litre.

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Why ethanol blending in petrol might not work for India

Why ethanol blending in petrol might not work for India

India should increase the use of biofuels to reduce dependence on oil imports, Prime Minister Narendra Modi and road transport and highways minister Nitin Gadkari have suggested on separate occasions.

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Biofuel Sector: A Missed Opportunity

Biofuel Sector: A Missed Opportunity

India, though an early mover in the biofuel sector, failed to embrace rewards from one of the safest and cleanest of energy sources. To tap this precious resource, the Government has to formulate a new strategy After lying in limbo for a few years

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Soon, travel in bus, train and metro across India by using a single card

Soon, travel in bus, train and metro across India by using a single card

India will shortly unveil a one-nation-one-card policy for public transport that will bring seamless connectivity between various modes of transport, NITI Aayog CEO Amitabh Kant said on Monday.

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E-ready: Trial run for green buses from next month

E-Ready: Trial run for green buses from next month

Electric buses in the capital are likely to begin operations from next month. As part of a trial run, three electric buses will begin plying on city roads. Delhi government has an ambitious plan of inducting 1,000 electric-run buses into the city’s public transport fleet.

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Indian Railways Battles Shortage Of Loco Pilots, Forced To Cancel 10 Trains

Indian Railways Battles Shortage Of Loco Pilots, Forced To Cancel 10 Trains

Ten passenger trains, under the Thiruvananthapuram Railway Division, were cancelled on Monday (3 September) due to a shortage of loco pilots, Matrubhumi has reported.

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Work on Sohna elevated corridor to start by Sept 21

Work on Sohna elevated corridor to start by Sept 21

After missing a number of deadlines, work on the 5.5-km-long elevated corridor from Subhash Chowk to Badshahpur on Sohna Road is all set to begin on September 21, Haryana PWD minister Rao Narbir Singh announced on Monday.

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NHAI takes temporary measures to fix 200 black spots: Official

NHAI takes temporary measures to fix 200 black spots: Official

NHAI has taken temporary remedial measures to remove engineering defects on about 200 black spots on National highways and process is on to rectify 100 more, an official said.

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Kamptee-Kanhan Rd not under us, says NHAI after 50% work

Kamptee-Kanhan Rd not under us, says NHAI after 50% work

The National Highways Authority of India (NHAI) through a private agency — KCC Buildcon — is concretizing Kamptee-Kanhan Highway for the last 18 months at an estimated cost of Rs254 crore, and has already completed over 50% works.

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Fewer firms bid for NHAI projects

Fewer firms bid for NHAI projects

The last few years have seen a fall in the number of infrastructure companies participating in National Highways Authority of India's (NHAI) bids and the top ten companies in the fray are bagging more contracts value-wise as compared to earlier.

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