GOOD EVENING INDIA

November 16, 2018, Friday

Your Evening News Updates From Across The Media Space

Floating solar power plant to come up in Vizag

Floating solar power plant to come up in Vizag

Private renewable energy producer ReNew Power said on Monday that it has won an order for developing a 3 MW floating solar photovoltaic (PV) project in Visakhapatnam in Andhra Pradesh. The project will be among India's largest floating solar PV projects

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Levelized Fixed Cost for Bagasse-based Projects in Telangana to be ₹2.23/kWh

Levelized Fixed Cost for Bagasse-based Projects in Telangana to be ₹2.23/kWh

The Telangana State Electricity Regulatory Commission (TSERC) has passed an order regarding the determination of generic tariff for bagasse-based power plants in Telangana for the control period 2018-2020.

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INFOGRAPHIC: States leading EV transition in India

INFOGRAPHIC: States leading EV transition in India

A quick look at the key policy initiatives taken by six states to facilitate an easier shift towards electric vehicles

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Proposed Khurja coal power plant overpriced, threat to Delhi's air quality: IEEFA

Proposed Khurja coal power plant overpriced, threat to Delhi's air quality: IEEFA

The state-run THDCIL's proposed Khurja coal power plant in Uttar Pradesh would not only push up the cost of electricity at a time when renewable energy options are cheaper but will also be a threat to Delhi's air quality, a report said on Tuesday.

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Flat demand, no subsidy preventing growth of solar products

Flat demand, no subsidy preventing growth of solar products

Almost flat demand and rising solar panel costs amid no subsidy on commercial use is preventing the growth of solar products in the market, solar product-based industries said.

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Bankers demand more from ArcelorMittal's for full control of Essar

Bankers demand more from ArcelorMittal's for full control of Essar

Bankers are demanding a few thousand crores over ArcelorMittal's offer of Rs 35,000 crore to transfer full control of debt-laden Essar Steel to the Londin-based firm. A meeting with bankers and the Luxembourg based steel company was inclusive till midnight and was yet to put to vote

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AP to DISCOMs: Wind Generators Should Receive Rebates with 25% Late Payment Surcharge

AP to DISCOMs: Wind Generators Should Receive Rebates with 25% Late Payment Surcharge

The Andhra Pradesh Electricity Regulatory Commission (APERC) has issued an order stating that wind power generating companies should get a rebate under respective Power Purchase Agreements (PPA) along with 25 percent of the late payment surcharge within thirty days of the order.

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Invest India Wins Top UN Award for Promoting Renewable Energy Investment

Invest India Wins Top UN Award for Promoting Renewable Energy Investment

Invest India has received the top UN Investment Promotion Award in recognition of its efforts to boost investments in the renewable energy sector in India. The award was presented by Armenian President Armen Sarkissian to Deepak Bagla

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Solar Power Developer Penalized for Delay in Project Commissioning

Solar Power Developer Penalized for Delay in Project Commissioning

The Karnataka Electricity Regulatory Commission (KERC) has issued an order dismissing the petition filed by Marakka Solar Power Project LL.P stating that it is not entitled to any of the reliefs under force majeure (unforeseeable) events.

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REC to tap US investors with $1-billion bond offering

REC to tap US investors with $1-billion bond offering

REC, one of the largest lenders to the power sector, is planning to raise $1 billion through a bond sale to US-based investors, a first for the state-run company that has so far tapped investors in Europe and Asia.

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Power companies offer CIL 28% premium for Coal

Power companies offer CIL 28% premium for Coal

Captive power generation companies have offered an average 28% premium to Coal India (CIL) for booking nearly 16 million tonne of coal to be supplied yearly for five years at a recent auction.

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Govt looks to relax norms for setting up petrol pumps

Govt looks to relax norms for setting up petrol pumps

The government is mulling relaxing norms for setting up petrol pumps as it is keen on getting more private players into fuel retailing so as to increase competition. The Oil Ministry has set up an expert committee to recommend easing of fuel retailing licensing rules

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Sustainable Alternatives To Fuel, Within Reach, Say Scientist; Move Ahead Of Rhetoric, Critics

Sustainable Alternatives To Fuel, Within Reach, Say Scientist; Move Ahead Of Rhetoric, Critics

If India develops its alternative and sustainable sources of energy, the country does not require crude imports. The country has the alternative sources in abundance as crude substitution, said Dr Anjan Ray, Director of Indian Institute of Petroleum, Dehradun.

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Sidelining Pakistan: India, Afghanistan And Iran Fast-Track Chabahar Port Negotiations, Likely To Ink Deal Today

Sidelining Pakistan: India, Afghanistan And Iran Fast-Track Chabahar Port Negotiations, Likely To Ink Deal Today

India, Iran and Afghanistan have kickstarted talks on the Chabahar port in Tehran for fast-tracking the developmental process, reported MEHR News. The meeting is reportedly being held between India’s Secretary of Economic Relations

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Cyclone Titli in Odisha 2018: Oil Minister Dharmendra Pradhan says OMCs to help people affected by storm, floods

Cyclone Titli in Odisha 2018: Oil Minister Dharmendra Pradhan says OMCs to help people affected by storm, floods

Union Petroleum Minister Dharmendra Pradhan has said that oil marketing companies (OMC) have taken a slew of measures to assist the people affected by cyclone Titli and the subsequent floods in Odisha.

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Domestic Crude Oil Production Down 3.40% In First Half Of FY2019

Domestic Crude Oil Production Down 3.40% In First Half Of FY2019

India's Crude oil production during September, 2018 was 2797.84 TMT which is 6.59% lower than target and 4.19% lower when compared with September, 2017. Cumulative crude oil production during April-September,

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If diesel prices are reined in to protect farmers, the best way forward is to do direct benefit transfer

If diesel prices are reined in to protect farmers, the best way forward is to do direct benefit transfer

In Orissa, diesel prices went past the petrol marginally by 12 paisa on Sunday (21 October 2018), causing a flutter in political circles. It happened for the first time in India and hence the nation was aw

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Mideast crude oil cargoes trade at discounts despite Iran shortfall: sources

Mideast crude oil cargoes trade at discounts despite Iran shortfall: sources

Spot Middle East crude oil cargoes are trading at discounts in Asia after OPEC producers increased supplies to replace Iranian oil and as natural disasters crimped demand from Japan, industry sources said

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Petrol, diesel prices continue to decline on Tuesday

Petrol, diesel prices continue to decline on Tuesday

Fuel prices witnessed further reduction on Tuesday, providing some relief to consumers from relentless rate hikes. The petrol price in Delhi was revised to Rs 81.34 per litre, while that in Mumbai was Rs 86.81 per litre after a 10 paise reduction.

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First made-in-India engineless train to have three-phase trials, first on Bareilly-Moradabad section

First made-in-India engineless train to have three-phase trials, first on Bareilly-Moradabad section

Hours after Integral Coach Factory (ICF), Chennai announced releasing the ‘Train 18’ in a week’s time for trial, the Research Designs and Standards Organisation (RDSO) said, the trial would be done in a 80-day-long period in three phases.

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India’s Very Own Personal Rapid Transit System: Pod Taxis To Become A Reality Thanks To Reliance, SkyTran

India’s Very Own Personal Rapid Transit System: Pod Taxis To Become A Reality Thanks To Reliance, SkyTran

India will finally have their pod taxi as Reliance Industries Ltd (LTD) will finalise the site for the country’s

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Rs 540 Cr Contract Awarded To Redevelop Lucknow’s Iconic Charbagh Railway Station

Rs 540 Cr Contract Awarded To Redevelop Lucknow’s Iconic Charbagh Railway Station

Construction major Ahluwalia Contracts said it has won a Rs 539 cr order from the government of India-controlled NBCC for the redevelopment of the iconic Charbagh Railway station in Lucknow.

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India’s longest, 19.3 km long, Assam-Meghalaya river bridge being planned! 6 longest river bridges in India

India’s longest, 19.3 km long, Assam-Meghalaya river bridge being planned! 6 longest river bridges in India

A year after the longest river bridge in India, Dhola-Sadiya, was opened in the north-eastern state of Assam, the Modi government has announced plans for a longer bridge, again over the river Brahmaputra.

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Robots to manufacture 'Make in India' metro coaches in Rae Bareli

Robots to manufacture 'Make in India' metro coaches in Rae Bareli

In what will go down as a milestone, for the first time Indian Railways will manufacture metro rail coaches at its Rae Bareli factory. It will be done under the Make in India scheme, an official said.

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Odisha: Demand for new railway line gains momentum

Odisha: Demand for new railway line gains momentum

The demand for rail link between Jharsuguda and Allahabad via Sundargarh district (Odisha), Gumla (Jharsuguda) and Ambikapur (Chhattisgarh) has raised its head again. Recently, BJP leader HS Sarangi and others from Sundargarh through a memorandum

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Nitin Gadkari urges domestic investors to pump money into shipping sector, promises assistance

Nitin Gadkari urges domestic investors to pump money into shipping sector, promises assistance

Union Shipping Minister Nitin Gadkari on Monday urged domestic investors to pump their money into the various programmes undertaken by his ministry and promised them every assistance to them to improve waterway connectivity.

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