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November 17, 2018, Saturday

Your Evening News Updates From Across The Media Space

JSW Steel takes over Dolvi Minerals and Metals for Rs 109 crore

JSW Steel takes over Dolvi Minerals and Metals for Rs 109 crore

JSW Steel has taken over Dolvi Minerals and Metals by buying the remaining 60% of its share capital for Rs 109 crore, the company informed the stock exchange on Wednesday.

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As the planet warms, India develops first National Cooling Plan

As the planet warms, India develops first National Cooling Plan

The United Nations Intergovernmental Panel on Climate Change had recently released a sobering report on the impacts of rising planetary temperatures. The panel said that global warming above 1.5°C is expected to be catastrophic,

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Ensure no interruption in power supply: Kumaraswamy to officials

Ensure no interruption in power supply: Kumaraswamy to officials

A week after Karnataka Chief Minister HD Kumaraswamy appealed to Union Minister for Railways and Coal Piyush Goyal to ensure a steady supply of coal to the state, he asked Karnataka Power Transmission Corporation not to resort to load shedding just yet.

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Ministry of Power Proposes Adoption of Uniform Tariff Structure for All States

Ministry of Power Proposes Adoption of Uniform Tariff Structure for All States

The Ministry of Power has issued a proposal incorporating new modifications to the revised proposal for amendments to the Electricity Act 2003. In September 2018, the Ministry of Power had issued revised proposal for amendments to the Electricity Act 2003

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Modi govt's electrification drive: Rural India illuminated

Modi govt's electrification drive: Rural India illuminated

Prime Minister Narendra Modi had promised on 15 August 2015 that every village in the country would be electrified within 1,000 days. When Leisang, a tiny village in Manipur, was electrified on April 28, 2018

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Essar Steel may script big IBC success; ArcelorMittal’s higher offer may result in minimal haircut to lenders

Essar Steel may script big IBC success; ArcelorMittal’s higher offer may result in minimal haircut to lenders

Lenders of bankrupt Essar Steel are now looking at minimal haircut as top bidder ArcelorMittal has revised its offer up to Rs 42,000 crore against the total claim of Rs 49,000 crore. Furthermore, other companies are also looking

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October heat leads to record 24,962 Mw electricity demand in Maharashtra

October heat leads to record 24,962 Mw electricity demand in Maharashtra

Increase in mercury levels in October led to a rise in power demand in Maharashtra, which shot up to record 24,962 MW on Monday, an official said. In Maharashtra (except Mumbai), the demand for power was 21,580 MW in areas covered by the Maharashtra State

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NTPC Invites Bids for Battery Charging Station for 50 E-rickshaws in Faridabad

NTPC Invites Bids for Battery Charging Station for 50 E-rickshaws in Faridabad

The National Thermal Power Corporation (NTPC) has invited bids for setting up battery charging and swapping station for 50 e-rickshaws in Faridabad, Haryana, on pilot project basis.

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Govt ends PSU monopoly, opens commercial coal mines to private sector

Govt ends PSU monopoly, opens commercial coal mines to private sector

In an ambitious reform, the Government ended the monopoly of Public Sector Undertakings and opened the commercial coal mines to private sector and foreign companies.

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First decline in a decade in Asia Pacific's solar power demand this year

First decline in a decade in Asia Pacific's solar power demand this year

After a decade of stellar growth, solar power’s demand in the Asia-Pacific region is set to decline for the first time this year, according to Wood Mackenzie, a global energy research and consultancy firm.

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Mumbai's Metro Inox becomes 1st multiplex to go solar

Mumbai's Metro Inox becomes 1st multiplex to go solar

Mumbai's iconic heritage cinema — recently launched two screens, which are 100 per cent solar powered, thus becoming the first multiplex in India to join the solar revolution.

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DISCOM Credit Risk is High but Risk Perception has Reduced with SECI and NTPC: Interview

DISCOM Credit Risk is High but Risk Perception has Reduced with SECI and NTPC: Interview

India recently achieved the milestone of 25 GW of installed solar capacity but the market has slowed down after safeguard duty announcement and other risk factors. Mercom sat down with Statkraft Solar Solution’s managing director

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Maharashtra Approves 200 MW of Bagasse-Based Projects

Maharashtra Approves 200 MW of Bagasse-Based Projects

The Maharashtra Electricity Regulatory Commission (MERC) has approved Maharashtra State Electricity Distribution Company Limited’s (MSEDCL) proposal to procure long-term bagasse-based cogeneration power through competitive bidding.

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Re 1 price cut is still being passed on to consumers: M K Surana, HPCL

Re 1 price cut is still being passed on to consumers: M K Surana, HPCL

After a gap of three or four months, we would be asking you to spell out the good news. Crude prices are down 4.5 per cent. Will Indian consumers get the benefit soon? Yes, after some time the crude prices are rebounding from below $80 level and it touched

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India's H-Energy seeks LNG cargoes ahead of new terminal start-up

India's H-Energy seeks LNG cargoes ahead of new terminal start-up

India's H-Energy is seeking 17 cargoes of liquefied natural gas (LNG) for delivery over 2019 to 2022, three industry sources said on Wednesday. Offers are due by October 26 and the deal is expected to be awarded by October 31,

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No sale of BS-IV vehicles across the country from April 1, 2020: SC

No sale of BS-IV vehicles across the country from April 1, 2020: SC

The Supreme Court on Wednesday said that no Bharat Stage-IV (BS-IV) vehicle shall be sold across the country with effect from April 1, 2020. The BS emission standards are standards instituted by the government to regulate output

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40,000 petrol pumps to open within 3 yrs

40,000 petrol pumps to open within 3 yrs

Amidst the increasing fuel price hike and growing demand for fuel, public-private companies are gearing up to establish more petrol pumps in India. Indian Oil, Bharat Petroleum and Hindustan Petroleum,

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Why Indians Pay More For Petrol And Diesel - By Feroze Varun Gandhi

Why Indians Pay More For Petrol And Diesel - By Feroze Varun Gandhi

India's tryst with fuel prices has been an unending quest for lower deficits over decades. Now, prices are going up - but somehow, they seem to be rising a lot more in India than in other countries.

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Energy security: Kochi Refinery receives first parcel of ‘own crude oil’

Energy security: Kochi Refinery receives first parcel of ‘own crude oil’

BPCL Kochi Refinery has received the first parcel of Bharat Petroleum Corporation Ltd’s own crude oil, marking another far-reaching step for the PSU oil refiner towards enhancing the energy security of the country.

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Petrol prices ease, rupee gets stronger ahead of Diwali

Petrol prices ease, rupee gets stronger ahead of Diwali

Just days before Diwali, fuel prices have softened and rupee is gaining strength against dollar. Dropping for seventh consecutive day, the petrol prices have come down by 9 paise per litre today. However, diesel prices remained unchanged.

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Amritsar train accident: CM Amarinder Singh says action would be taken based on probe report

Amritsar train accident: CM Amarinder Singh says action would be taken based on probe report

Punjab Chief Minister Amarinder Singh has said that he would decide on taking action after receiving the report of a probe into the tragic Amritsar train accident in which 59 Dussehra revellers were killed after being mowed down

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Mumbai Metro Cares For The Pocket: MMRDA Says Fares Will Be Unchanged For Upcoming Lines

Mumbai Metro Cares For The Pocket: MMRDA Says Fares Will Be Unchanged For Upcoming Lines

The upcoming Mumbai metro lines will have the same fares as the existing ones, MoneyControl has reported. Mumbai Metropolitan Region Development Authority (MMRDA) said that the fares charged to passengers of the Mumbai

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Bad News: Trial Run For Washermanpet And AG-DMS Metro Stretches To Chennai Central Delayed By A Month

Bad News: Trial Run For Washermanpet And AG-DMS Metro Stretches To Chennai Central Delayed By A Month

Trial run for two stretches of Chennai Metro — AG-DMS to Chennai Central and Chennai Central to Washermanpet may get delayed, The Hindu has reported. The trial runs had been scheduled for September initially.

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Diwali gift from Modi govt for UP: Indian Railways Bahraich-Khalilabad broad gauge line cleared; to cost Rs 4,939 cr

Diwali gift from Modi govt for UP: Indian Railways Bahraich-Khalilabad broad gauge line cleared; to cost Rs 4,939 cr

Just Ahead of Diwali, the Narendra Modi government has cleared a much required Indian Railways line in Uttar Pradesh. The Cabinet Committee on Economic Affairs chaired by PM Narendra Modi has approved new Railway Line

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India's first engine-less train set to hit tracks on October 29

India's first engine-less train set to hit tracks on October 29

Train 18, the country's first engine-less train which is being regarded as a successor to the 30-year-old Shatabdi Express, is set to hit the tracks for trials on October 29.

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Indian railways ensures safe and hassle free travel

Indian railways ensures safe and hassle free travel

Safety and hassle free travel became the top priorities of the Indian Railways under the PM Modi government. After a string of accidents and heavy casualties since 2014, the year 2017-18 saw the number of accidents falling to 73 - the least ever.

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Haryana Roadways strike: Over 2,800 buses on roads now, claims govt

Haryana Roadways strike: Over 2,800 buses on roads now, claims govt

Even as the coordination committee of the striking Haryana Roadways employees on Tuesday decided to continue their strike till October 25, the government claimed an improvement in the situation with over 2,800 buses now running on roads across the state.

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Railways To Give Rs 5 Lakh Compensation To Howrah Stampede Victims: Piyush Goyal

Railways To Give Rs 5 Lakh Compensation To Howrah Stampede Victims: Piyush Goyal

Only four days after the Amritsar train tragedy, two people were killed and a dozen others, including two children, were injured in a stampede at a railway foot-overbridge at Santragachhi station in Howrah on Tuesday, police said.

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On Track: 240-Km Railway Line Through Three ‘Aspirational Districts’ Of UP; Cabinet Approval Under Process

On Track: 240-Km Railway Line Through Three ‘Aspirational Districts’ Of UP; Cabinet Approval Under Process

Building on its promise of improving infrastructure in the country and to facilitate seamless movement of people and goods, the Union government is all set to approve 240 km of railway lines in India’s most populous state

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