GOOD EVENING INDIA

November 20, 2018, Tuesday

Your Evening News Updates From Across The Media Space

Coal scam: Court allows Naveen Jindal to travel abroad

Coal scam: Court allows Naveen Jindal to travel abroad

Congress leader and industrialist Naveen Jindal, an accused in a coal scam case, has been allowed by a special court to travel abroad for business purposes. Special CBI Judge Bharat Parashar

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After four decades, Badarpur thermal plant shut for good

After four decades, Badarpur thermal plant shut for good

After supplying power to the capital for over four decades, the Badarpur power station closed operations fully and permanently on Monday. The Supreme Court-appointed Environment Pollution (Prevention and Control) Authority

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Centre, states must cooperate in improving coal production, supply: Goyal

Centre, states must cooperate in improving coal production, supply: Goyal

Union minister Piyush Goyal has said the central and state government agencies must work in tandem to improve coal output and supply. Goyal, who holds railways and coal portfolios,

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Tata Power looks to grow rooftop solar to 1 GW in 4 years - report

Tata Power looks to grow rooftop solar to 1 GW in 4 years - report

Tata Power Renewable Energy, a fully-owned subsidiary of Tata Power Co Ltd (BOM:500400), intends to grow its rooftop solar business to 1 GW in three to four years from 250 MW currently, according to a top official.

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Your electricity bill may increase if the electricity commission accepts Reliance Power's petition

Your electricity bill may increase if the electricity commission accepts Reliance Power's petition

The suburban Mumbairesidents may have to pay a little extra for electricity if state power regulator Maharashtra Electricity Regulatory Commission (MERC) accepts Reliance Power’s (R-Power) application demanding tariff hike.

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Himachal Pradesh govt to buy 30 electric buses

Himachal Pradesh govt to buy 30 electric buses

The Himachal Pradesh government will soon purchase 30 electric buses to run on various routes in Shimla town, State Transport Minister Govind Singh Thakur said.

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AU energised its solar panels

AU energised its solar panels

In a major initiative towards switching over to renewable energy, Allahabad University has energised its solar panels installed over 23 buildings spread over its four campuses, on Monday. This facility will produce 1.438 MW (megawatt) of energy i.e. 6000 units per day.

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In UP, poor may get electricity connections for just Rs 10

In UP, poor may get electricity connections for just Rs 10

The UP Power Corporation Limited is planning to launch a new scheme for providing electricity connections easily and swiftly. The proposed scheme, 'Jhatpat Connection Yojana' (instant connection scheme)

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JSW Steel most likely winner for Bhushan Power

JSW Steel most likely winner for Bhushan Power

After facing stiff challenge from rival bidders, JSW Steel may finally emerge victorious in the battle for control of Bhushan Power & Steel (BPSL). Debt-ridden BPSL is facing insolvency proceedings for the past 15 month

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Piyush Goyal to receive top energy policy award from US varsity

Piyush Goyal to receive top energy policy award from US varsity

Minister of Railways and Coal Piyush Goyal will receive the University of Pennsylvania's top prize in energy policy for his leadership in reforming India's power sector, spearheading efforts to fast-track electrification

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Saudi Arabia, BP eye major Indian solar play

Saudi Arabia, BP eye major Indian solar play

In what may further reduce India’s solar power tariffs, Saudi Arabia is interested in partnering with India for developing complementary supply chains as well as deploying finance and new technologies here.

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Power demand matches summer’s as temp rises in Mumbai

Power demand matches summer’s as temp rises in Mumbai

Rising temperature is pushing up the demand for powerin the city and across the state, forcing power units, over 85% of which are thermal, to burn more coal and heat up the earth a bit more while drawing huge amounts of water

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OPEC says it has not failed India, provided mkt stability

OPEC says it has not failed India, provided mkt stability

A day after Prime Minister Narendra Modi voiced concerns about high crude prices, oil cartel OPEC Tuesday said it has not failed India and other major consuming countries as it restored stability in the market after four years of downturn.

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Rising oil turns up heat on vulnerable emerging economies

Rising oil turns up heat on vulnerable emerging economies

A rise in oil prices to four-year highs is heaping pressure on big emerging-market crude consumers such as Turkey, India, Indonesia and South Africa that are already grappling with current account deficits, weak currencies and rising inflation.

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US sanctions against Iran: Government says no issues with oil supplies, sentiment hurting price

US sanctions against Iran: Government says no issues with oil supplies, sentiment hurting price

Ahead of the US sanctions against Iran, India on Tuesday said availability of crude oil to replace lost volumes is not an issue but the "sentiment" around losing a big oil supplier is driving prices higher.

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OPEC is in ‘catholic marriage’ with India; here’s why secy-general Mohammad Barkindo thinks so

OPEC is in ‘catholic marriage’ with India; here’s why secy-general Mohammad Barkindo thinks so

The Organization of the Petroleum Exporting Countries (OPEC) is in “catholic marriage” with India, said secretary-general Mohammad Barkindo as the country is one of the biggest consumers of crude oil and there is a vested interest in its economic growth and prosperity.

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Ministry of Petroleum & Natural Gas To Launch Phase II of Indian Strategic Petroleum Reserves

Ministry of Petroleum & Natural Gas To Launch Phase II of Indian Strategic Petroleum Reserves

Minister of Petroleum & Natural Gas and Skill Development and Entrepreneurship Dharmendra Pradhan will launch the Road Show for Phase II of Indian Strategic Petroleum Reserves on 17th Oct'2018, in New Delhi.

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Indian Insurance Companies 'Not Covering' Storage of Iranian Oil as US Sanctions Loom

Indian Insurance Companies 'Not Covering' Storage of Iranian Oil as US Sanctions Loom

Indian insurers are not offering coverage policies for storage of Iranian oil, an Indian Oil Corp Ltd official said, owing to impending US sanctions on import of crude from Iran, which are expected to kick in on November 4.

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Govt asks oil PSUs to consider Rs 20,000 crore share buyback

Govt asks oil PSUs to consider Rs 20,000 crore share buyback

The government is said to have asked oil PSUs to consider Rs 20,000 crore in share buybacks, ET Now reported quoting agencies. The latest amount was double of Rs 10,000-crore buybacks an ET report anticipated on Monday.

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MRPL expects India to get waiver from US sanctions on Iran

MRPL expects India to get waiver from US sanctions on Iran

At the same time, India is closely working with the United States to further its strategic interests. India's Mangalore Refinery and Petrochemicals Ltd (MRPL) expects India to get a waiver from U.S. sanctions on Iranian oil

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Oil market is balanced and adequately supplied: OPEC

Oil market is balanced and adequately supplied: OPEC

The oil market is adequately supplied and balanced but this situation is fragile said Mohammad Sansui Barkindo, Secretary General, Organisation of Petroleum Exporting Companies.

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Oil prices rise on signs Iranian oil exports are falling further in Oct

Oil prices rise on signs Iranian oil exports are falling further in Oct

Oil prices rose on Tuesday on signs of falling Iran oil exports ahead of US sanctions against Tehran in November, while geopolitical tensions remain over a missing Saudi journalist. International benchmark Brent crude

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Total SA in talks with multiple Indian firms for stake in LNG terminals, city gas projects: CEO Patrick Pouyanne

Total SA in talks with multiple Indian firms for stake in LNG terminals, city gas projects: CEO Patrick Pouyanne

French energy giant Total SA Tuesday said it is in discussions with multiple Indian companies to acquire a stake in LNG import terminals and city gas distribution projects and is also interested in setting up petrol pumps in the world's fastest growing energy consuming nation.

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OPEC's Barkindo says global spare oil capacity shrinking

OPEC's Barkindo says global spare oil capacity shrinking

OPEC Secretary-General Mohammad Barkindo said global spare oil capacity was shrinking, adding that producers and companies should increase their production capacities and invest more to meet current demand.

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Got less petrol, diesel at station? 127 fuel pumps in Tamil Nadu caught for short delivery

Got less petrol, diesel at station? 127 fuel pumps in Tamil Nadu caught for short delivery

Operations of more than 120 fuel pump stations across Tamil Nadu have been suspended and penal action is being initiated against them for "short delivery" of petrol and diesel detected during a recent state-wide intensive raids by the Labour department.

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MP: Industry blames government for slowdown

MP: Industry blames government for slowdown

Rising fuel prices and waning business activities in the region has begun haunting the ruling Bhartiya Janta Party (BJP) ahead of the assembly elections with industrialists blaming the government for not fulfilling the promises and ignoring small scale industries.

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Gas migration dispute may have slowed down BP’s investments in India: Bob Dudley

Gas migration dispute may have slowed down BP’s investments in India: Bob Dudley

BP’s group chief executive officer Bob Dudley on Monday expressed confidence that there won’t be a return of state control on fuel pricing in India and said that issues such as gas migration dispute “probably slowed down” its investments here.

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No respite for common man from surging fuel prices

No respite for common man from surging fuel prices

Citizens are yet to receive any respite from skyrocketing fuel prices, as the retail rates of petrol and diesel have once again witnessed a hike on Tuesday. In Delhi, petrol is being sold at Rs 82.83 per litre after an increase of 11 paise

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Rising diesel prices threaten to derail Railway budget

Rising diesel prices threaten to derail Railway budget

Rising fuel prices in the country have not just hit the common man hard but its ramifications are being felt elsewhere as well. The Indian Railways is feeling a painful pinch as diesel prices soar to astronomical levels and its budget and operating ratio could take a profound

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Kumbh: North Central Railway nixes plan to hike surcharge on railway tickets

Kumbh: North Central Railway nixes plan to hike surcharge on railway tickets

Bowing to popular demand, the North Central Railway (NCR) has decided not to hike the the existing 'mela surcharge' on train tickets of various classes for Kumbh Mela beginning January 15.

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Railways may remove curtains from AC train coaches

Railways may remove curtains from AC train coaches

Indian Railways is mulling doing away with cubicle curtains in air-conditioned second-tier (2 AC) coaches of all trains. So there are chances that next time you are travelling in a train in an AC-2 tier coach,

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Doubling Namma Metro coaches to push power demand

Doubling Namma Metro coaches to push power demand

With BMRCL expected to convert all its existing three-car trains into six-car ones, the power requirement is likely to jump by 73%. At present, the energy requirement of a three-car trainis 8.3 unit per km. This will increase to 14.4 unit per km for six-car trains.

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Indian Railways to install dustbins in coaches with bio-toilets to prevent choking

Indian Railways to install dustbins in coaches with bio-toilets to prevent choking

To prevent the choking of newly installed bio-toilets in trains, the Indian Railways is planning to place dustbins in all their lavatories by December 2018, sources said. The decision was taken after plastic bags, sanitary napkins, bottles were found stuck

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Indian Railways announces Diwali, Chhath Puja special trains: Full list of trains

Indian Railways announces Diwali, Chhath Puja special trains: Full list of trains

IRCTC Diwali, Chhath Puja Special Trains 2018: Keeping in view the upcoming festivals including Diwali and Chhath Puja, the Indian Railways has announced some special trains to different routes 

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