GOOD EVENING INDIA

December 17, 2018, Monday

Your Evening News Updates From Across The Media Space

NTPC gets green nod for Rs 7,732 cr expansion project in Odisha

NTPC gets green nod for Rs 7,732 cr expansion project in Odisha

State-run power producer NTPC has been given the green clearance for the Rs 7,732.35 crore expansion project of the Talcher Thermal Power Station in Odisha, a senior government official said Monday.

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Govt mulls selling its 65% stake in Power Finance Corporation to REC

Govt mulls selling its 65% stake in Power Finance Corporation to REC

The government is considering selling its 65.61 per cent stake in state-owned Power Finance Corporation (PFC) to Rural Electrification Corporation (REC), which could fetch the exchequer about Rs 13,000 crore.

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How A Dependable Charging Infrastructure Will Set The Pace For India’s EV Journey

How A Dependable Charging Infrastructure Will Set The Pace For India’s EV Journey

A question repeatedly posed to high-profile attendees of the Global Mobility Summit in Delhi as they alighted from their cars to enter the venue was, if they used electric cars to come to the venue? Good question

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Maharashtra discom to purchase 1.4 GW of solar power

Maharashtra discom to purchase 1.4 GW of solar power

Despite a tepid response to its 1 GW purchase tender, the Maharashtra State Electricity Distribution Company Limited (MSEDCL) has floated another tender to commission 1.4 GW through distributed solar.

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Opinion | Why discom losses continue to hurt despite Modi govt's UDAY scheme

Opinion | Why discom losses continue to hurt despite Modi govt's UDAY scheme

By last week, more people had begun to realise that the emperor actually had no clothes on. Maharashtra Energy Minister, Chandrashekhar Bawankule, informed the state legislative assembly that at least three (state-owned) power companies

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Losses worth crores in excise and power dept due to non-imposition of penalty, says CAG report

Losses worth crores in excise and power dept due to non-imposition of penalty, says CAG report

The latest CAG report for the year ended March 31, 2017 has recorded notional losses running into several hundred crores suffered by the state government especially in the power and excise departments.

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CIL aims to supply 17.5 mt coal a year to captive power producers

CIL aims to supply 17.5 mt coal a year to captive power producers

State-run monopoly miner Coal India (CIL) plans to supply 17.5 million tonnes of coal annually to captive power producers for five years through an auction that started last week and is slated to conclude on October 10.

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Rise in power demand leads to coal shortage

Rise in power demand leads to coal shortage

The coal shortage in the country looks far from resolved as absolute coal stock levels have fallen to 11.8mn tonnes, the lowest level seen in CY18. This is a sharp fall from 14.7mn tonnes that was seen at the end of August 2018.

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With Brent touching $80, fuel prices on upswing

With Brent touching $80, fuel prices on upswing

With Brent crude oil spot prices touching $80 per barrel, retail diesel and petrol prices in India continue to set new records every other day. Transportation fuel prices touched a new high on Monday,

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India May Cut Oil Imports to Mitigate Pain From High Oil Prices, Dip in Rupee

India May Cut Oil Imports to Mitigate Pain From High Oil Prices, Dip in Rupee

India, the world's third-biggest oil importer, is considering cutting oil purchases to soften the blow from high crude oil prices and declining rupee, Indian Oil Corp (IOC) Chairman Sanjiv Singh said on Monday.

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With Petrol at Rs 90 a Litre, OPEC's Negative Demand Outlook is Not Helping

With Petrol at Rs 90 a Litre, OPEC's Negative Demand Outlook is Not Helping

Retail prices of fuel in India crossed a life-time high of Rs 90 a litre in Maharashtra on Monday. Coupled with this, the Organization of the Petroleum Exporting Countries’ (OPEC) latest demand outlook is going to further raise problems for the country.

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Domestic Crude Oil Production Down 3.70% In August 2018

Domestic Crude Oil Production Down 3.70% In August 2018

India's Crude oil production during August, 2018 was 2908.12 TMT which is 6.47% lower than target and 3.70% lower when compared with August, 2017. Cumulative crude oil production during April-August,

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Refiners may reduce oil imports as crude prices soar, Re struggles

Refiners may reduce oil imports as crude prices soar, Re struggles

India, the world's third-biggest oil importer, is considering reducing oil purchases to mitigate the pain of high crude prices and the declining rupee, said two sources at different Indian refineries with direct knowledge of the matter.

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World oil demand, refining growth to peak in 2035: Unipec

World oil demand, refining growth to peak in 2035: Unipec

World oil demand will peak at 104.4 million barrels per day (bpd) in the mid-2030s, up from just below 100 million bpd currently, as new technologies gradually eat into oil use, China's Unipec said on Monday.

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GAIL (India) update on India's first coal gasification based fertilizer plant at Talcher

GAIL (India) update on India's first coal gasification based fertilizer plant at Talcher

Hon'ble Prime Minister launches commencement of work for Talcher Fertilizers GAIL (India) announced that Hon'ble Prime Minister Shri Narendra Modi on 22 September 2018 launched the commencement of work for India's first coal gasification based fertilizer plant

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Indian Railways introduces world’s 1st heritage broad-gauge regular commercial weekly steam train!

Indian Railways introduces world’s 1st heritage broad-gauge regular commercial weekly steam train!

For the first time in Indian Railways, a time-tabled weekly commercial steam train service has been started between Garhi Harsaru and Farukhnagar section of Northern Railway zone, after steam traction phased out nearly 25 years back.

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PM Modi To Inaugurate Janakpur-Jayanagar Railway Line Connecting Nepal And India In December

PM Modi To Inaugurate Janakpur-Jayanagar Railway Line Connecting Nepal And India In December

Prime Minister Narendra Modi is likely to visit Nepal in December to inaugurate the Janakpur-Jayanagar railway line connecting the country to India. The line, reports say, has remained non-functional for the last three years.

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Big Relief For Train Passengers Seeking Quality Food: Railways To Permit IRCTC To Set Up Food Stalls On Platforms

Big Relief For Train Passengers Seeking Quality Food: Railways To Permit IRCTC To Set Up Food Stalls On Platforms

Indian Railways will allow Indian Railway Catering and Tourism Corporation (IRCTC) to set up stalls and sell food on railway station platforms, a move that will come as a massive relief for passengers who often find it difficult to purchase good quality

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South Eastern Railway train services hit by adivasi agitation

South Eastern Railway train services hit by adivasi agitation

Train services in South Eastern Railway's (SER) Kharagpur division were affected since 6 am Monday owing to blockade by an umbrella organisation of the adivasis demanding recognition of their language, an SER spokesman said.

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India’s Gambit Pays Off As Maldivians Oust Pro-China President From Power; Hyderabad Metro To Open Newly Built 16 Km Stretch Today; And More

India’s Gambit Pays Off As Maldivians Oust Pro-China President From Power; Hyderabad Metro To Open Newly Built 16 Km Stretch Today; And More

In the election held on Sunday, Maldivians ousted incumbent President Abdulla Yameen from power. Yameen, who drove the country closer to China and into a debt trap, has lost to the candidate fielded by the joint opposition.

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YESTERDAY'S HEADLINES

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