GOOD EVENING INDIA

October 20, 2018, Saturday

Your Evening News Updates From Across The Media Space

Panel on power mulls payment security mechanism for private players

Panel on power mulls payment security mechanism for private players

A high level panel for power sector is considering payment security mechanism for private sector power generators, which has been the main cause of stress in the sector, an official said.

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CIL aims aspirational production of 652 million tonne for FY19

CIL aims aspirational production of 652 million tonne for FY19

Coal India Ltd (CIL) is optimistic about an aspirational production target of 652 million tonne for the fiscal year 2018-19, the mining major's Chairman A K Jha said on Wednesday.

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PFC to close resolution plans of 5 stressed assets in 1 month: CMD

PFC to close resolution plans of 5 stressed assets in 1 month: CMD

Power Finance Corporation said Wednesday the worst was behind for stressed power assets and it would finalise resolution plans with five struggling projects with an exposure of Rs 8,254 crore in one month.

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Coal India could close 53 underground mines this fiscal

Coal India could close 53 underground mines this fiscal

Coal India, which is looking to rationalise its underground mines in view of safety and financial viability, could close about 53 such mines this year, its Chairman Anil Kumar Jha said on Wednesday.

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Tata Power, DABS join hands for distributing power in Afghan

Tata Power, DABS join hands for distributing power in Afghan

Tata power, the largest power generation company in India, on Wednesday inked a pact with the Afghanistan government-owned power distribution company Da Afghanistan Bresha Sherkat (DABS) for distribution, transmission and generation of power in the neighbouring country in coming days.

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Kejriwal asks Khattar govt to further lower power tariff

Kejriwal asks Khattar govt to further lower power tariff

A day after the Haryana government announced to reduce the power tariff for domestic consumers, Aam Aadmi Party (AAP) convenor Arvind Kejriwal on Wednesday demanded that the electricity should be made as cheap as in the state like Delhi.

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'India, China driving global energy market transition'

'India, China driving global energy market transition'

Emerging markets India and China are driving growth in energy demand and choosing renewables over fossil fuels. Both are already choosing solar and wind over fossil fuels, a new report said on Tuesday.

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Shivraj Singh Chouhan announces 660-MW power plant in Sarni

Shivraj Singh Chouhan announces 660-MW power plant in Sarni

CM Shivraj Singh Chouhan announced in Sarni town that state government will soon set up a new 660 mw power plant in Satpura. Addressing people during his Jan Ashirwad Yatra

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Gujarat government plans to start projects to store solar energy for use at night: Saurabh Patel

Gujarat government plans to start projects to store solar energy for use at night: Saurabh Patel

The Gujarat government is planing to start projects to store solar energy produced during the day and use it at night time, energy minister Saurabh Patel said Tuesday.

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Cabinet approves Policy Framework to Promote and Incentivize Enhanced Recovery Methods for Oil and Gas

Cabinet approves Policy Framework to Promote and Incentivize Enhanced Recovery Methods for Oil and Gas

The Union Cabinet chaired by Prime Minister Narendra Modi has approved the Policy framework to promote and incentivize Enhanced Recovery (ER)/ Improved Recovery (IR)/ Unconventional Hydrocarbon (UHC) production Methods/techniques to improve recovery factor

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Modi to hold a meeting this weekend over rupee, oil prices

Modi to hold a meeting this weekend over rupee, oil prices

The rupee jumped the most in three weeks and stocks rallied after an official said the government may announce measures to support the currency after a planned review of the economy by Prime Minister Narendra Modi this weekend.

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Second round of DSF bidding may attract about $1.2 bn investments: DGH

Second round of DSF bidding may attract about $1.2 bn investments: DGH

The Director General of Hydrocarbons on Wednesday said the ongoing Discovered Small Filed (DSF) second round bidding, once completed, will entice about $1.2 billion worth of investments by the successful bidders.

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IOC books Iranian oil imports for October; uncertain about future

IOC books Iranian oil imports for October; uncertain about future

Amid uncertainty over impending US sanctions against Tehran, Indian Oil Corp (IOC) has booked for import of usual monthly quantity of 0.75-0.8 million tonnes of crude oil from Iran in October but is unsure if the trade would continue thereafter, a senior official said.

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Delhi High Court declines to interfere in issue of fuel prices, says it's an economic policy decision

Delhi High Court declines to interfere in issue of fuel prices, says it's an economic policy decision

Daily change in fuel prices was a "economic policy decision" of the central government and the courts must remain away from it, the Delhi High Court said Wednesday. A bench of Chief Justice Rajendra Menon and Justice VK Rao made it clear

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Oil prices rise on declining U.S. crude stockpiles, looming Iran sanctions

Oil prices rise on declining U.S. crude stockpiles, looming Iran sanctions

Oil prices rose on Wednesday after a report of a decline in US crude inventories and looming sanctions against Iran raised expectations of tightening supply, while top producer Russia warned of a fragile global market.

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Ludhiana to get CNG by year-end

Ludhiana to get CNG by year-end

The city residents will get the facility of compressed natural gas (CNG) by the end of this year. Kahan Singh Pannu, director of Mission Tandrust Punjab, said, “CNG pipelines will be laid for residential, industrial and vehicular use till December.

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Heritage Railway well, from where Tagores got water, to get a boost

Heritage Railway well, from where Tagores got water, to get a boost

The Asansol Division of Eastern Railway is planning to renovate the heritage railway well situated at Maheshmunda station from where drinking water used to be transported to the Jorashanko Thakurbari, some 273 kilometres away at Kolkata on the patterns of the Bawris of Rajasthan.

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Modi govt gives big boost to Indian Railways

Modi govt gives big boost to Indian Railways

Modi govt gives big boost to Indian Railways. Indian Railways to have world's largest electrified network! Watch this video to know more

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Cabinet approves Rs12,000 crore railway electrification proposal

Cabinet approves Rs12,000 crore railway electrification proposal

Union Cabinet on Wednesday approved a proposal worth over Rs. 12,000 crore for electrification of 13,000-km railway route, a step toward achieving 100 per cent electrification of its tracks in 12 years’ time.

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Indian Railways adopts tech to improve operation

Indian Railways adopts tech to improve operation

Indian Railways is a mammoth organisation having nearly 10 lakh employees. It is used by million of passengers every day. To handle this chaotic network, the railways has adopted IT technology to improve its operation and give passengers a better experience.

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China mooting rail link between Kolkata and Kunming: Envoy

China mooting rail link between Kolkata and Kunming: Envoy

Chinese Consul General in Kolkata Ma Zhanwu said Wednesday his country was mooting a bullet train service between Kunming and Kolkata, traversing through Myanmar and Bangladesh.

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CONCOR flags off its first container train on September 5th 2018

CONCOR flags off its first container train on September 5th 2018

Container Corporation of India Ltd (CONCOR) flagged off its first container train with ceramic tiles and other commodities from the Morbi-Rajkot region on September 5, 2018, post its agreement with Shiv Carriers Roadways Pvt. Ltd

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Nearly 5,000 bridges across country to undergo independent audit by railways

Nearly 5,000 bridges across country to undergo independent audit by railways

A massive third-party audit exercise of critical bridges has been undertaken by the Indian Railways, in view of recent mishaps. The bridges across the country will undergo an independent assessment of these crucial links in the rail network.

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