GOOD EVENING INDIA

December 17, 2018, Monday

Your Evening News Updates From Across The Media Space

Hindusthan Shipyard inaugurates 2-MW roof-top solar power

Hindusthan Shipyard inaugurates 2-MW roof-top solar power

The Hindusthan Shipyard Limited (HSL) here has taken a commendable initiative in setting up a 2-MW roof-top solar power system and the other public sector units in the city and elsewhere should emulate the company, according to Visakhapatnam district collector Pravin Kumar.

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ABB to enhance power quality for India's longest freight train network

ABB to enhance power quality for India's longest freight train network

India's economy is growing at a rapid pace, among the fastest in the world. The country's rail transportation network, which extends across 3.3 million square kilometers and is one of the largest in the world, is a key driver.

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Small lenders to submit report on stressed power assets by October 10

Small lenders to submit report on stressed power assets by October 10

Small lenders will submit their resolution plans on stressed power assets to a group of bankers and assess the situation on October 10, Financial Express reported quoting people aware of the development.

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UN Secretary General to visit India with focus on renewable energy

UN Secretary General to visit India with focus on renewable energy

UN Secretary General Antonio Guterres will embark on a four-day visit to India from October 1 at the invitation of External Affairs Minister Sushma Swaraj during which he will attend a series of events on renewable energy and sanitation, it was announced on

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World Bank to extend $30 billion assistance to India for development through 2022

World Bank to extend $30 billion assistance to India for development through 2022

The World Bank Group today announced it expects to extend assistance totalling $25 billion and $30 billion to India over five years through 2022 to support its transition to a higher middle-income country by addressing key development

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Niti Aayog releases draft model concession agreement for EVs

Niti Aayog releases draft model concession agreement for EVs

Government think-tank Niti Aayog has come out with a Model Concession Agreement (MCA) document for introducing electric-bus fleet in cities for public transportation on Public-Private Partnership (PPP) mode.

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Prime Minister Narendra Modi to inaugurate NTPC, MCL coal mines in Odisha tomorrow

Prime Minister Narendra Modi to inaugurate NTPC, MCL coal mines in Odisha tomorrow

Prime Minister Narendra Modi is slated to launch a slew of projects including a fertiliser plant at Talcher and inauguration of Jharsuguda Airport in Odisha on Saturday, officials said on Thursday.

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India’s renewable energy sector hits a milestone but loses speed

India’s renewable energy sector hits a milestone but loses speed

The capacity created in India’s renewable energy sector may be impressive, but the pace has begun to slacken. Solar capacity installations in the country is at 25,000 megawatts (MW), or one-fourth of the 2022 target of 100,000 MW, according to Mercom India research.

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Gas price revision – Decoding the likely impact

Gas price revision – Decoding the likely impact

With rapidly increasing global crude oil prices, the prices of natural gas at various international hubs, which form a part of India’s domestic gas price calculation, have seen an uptick in the last few months.

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India opts for rupee payment for Iran oil; UCO Bank reluctant to route fund

India opts for rupee payment for Iran oil; UCO Bank reluctant to route fund

The Union government on Friday decided to settle payments for Iranian oil in rupee through the Mumbai branch of an Iranian bank. This comes close on the heels of the Kolkata-based UCO Bank expressing reservation in facilitating the payment to Iran

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Reliance Industries permanently shuts down MA oil field in KG-D6 block

Reliance Industries permanently shuts down MA oil field in KG-D6 block

Reliance Industries said it has permanently shut down its only oil field in the flagging KG-D6 block after production declined to nil. Reliance Industries (RIL) had till date made 19 oil and gas discoveries in the Krishna Godavari basin.

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Petrol soars to Rs 89.69 per litre in Mumbai, diesel unchanged

Petrol soars to Rs 89.69 per litre in Mumbai, diesel unchanged

Petrol prices continued to rise to new highs across the country on September 21. The price of petrol in Mumbai rose by 9 paise and currently stands at Rs 89.69 per litre in the city. The price of petrol in Delhi rose by 10 paise

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India may look to lock in oil futures to stem rupee slide: Sources

India may look to lock in oil futures to stem rupee slide: Sources

India's government is planning to ask state oil firms to lock in their crude futures purchase prices, a government source said on Thursday, anticipating a spike when US sanctions on Iran snap back again in November.

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No more discounts on card payment charges at petrol pumps

No more discounts on card payment charges at petrol pumps

Oil marketing companies (OMCs) are looking to wind down discounts on fuel purchased via electronic means, three people aware of the plans said, more than a month after they trimmed such discounts for fleet customers using loyalty programmes.

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Oil prices slip as Trump calls on Opec to lower prices

Oil prices slip as Trump calls on Opec to lower prices

Oil prices dipped on Friday after falling in the previous session as US President Donald Trump urged Opec to lower crude prices ahead of its meeting in Algeria this weekend. International benchmark Brent crude

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Nitin Gadkari to visit Shillong; will inaugurate NH-06

Nitin Gadkari to visit Shillong; will inaugurate NH-06

Road and Transport Minister Nitin Gadkari will be on a two-day visit to Shillong for an extensive review of the National Highways projects in the seven northeastern states, a government statement said on Friday.

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New Indian Railways line between Budni-Indore to be built as Modi government approves project

New Indian Railways line between Budni-Indore to be built as Modi government approves project

Soon, Indian Railways will get a new line! Recently, Prime Minister Narendra Modi-chaired Cabinet Committee on Economic Affairs (CCEA) approved the construction of a new railway line between Budni to Indore (Mangaliyagaon).

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Odisha: Jharsuguda-Sardega Railway Line To Be Doubled, Will Increase Coal Handling From 13 To 40 Million Tonnes

Odisha: Jharsuguda-Sardega Railway Line To Be Doubled, Will Increase Coal Handling From 13 To 40 Million Tonnes

In a bid to scale up coal handling, Mahanadi Coalfields Ltd, a Coal India subsidiary (MCL) has decided to double the 53.1 km Jharsuguda-Sardega rail link, which will shoot-up coal production, “MCL has already invested Rs 11.25 billion on the railway line.

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PM Narendra Modi takes Airport Metro ride to Dwarka

PM Narendra Modi takes Airport Metro ride to Dwarka

Prime Minister Narendra Modi on Thursday took the Airport Express Line of Delhi Metro. He interacted with passengers on the train and even posed for selfies with some of them.

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Indian Railways flexi fare system in Rajdhani, Shatabdi, Duronto now under PAC scanner

Indian Railways flexi fare system in Rajdhani, Shatabdi, Duronto now under PAC scanner

The Public Accounts Committee (PAC) of Parliament has decided to examine the flexi fare system for premier Indian Railways trains -- Rajdhani, Shatabdi and Duronto.

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Pune Metro: After 10 months, Defence Ministry gives green signal for transfer of land in Khadki stretch

Pune Metro: After 10 months, Defence Ministry gives green signal for transfer of land in Khadki stretch

After sitting on a proposal by Maha-Metro for 10 months, the Defence Ministry on Thursday finally gave the green signal for the transfer of 10 acres of land for the Pune Metro project in Khadki area.

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