GOOD EVENING INDIA

November 21, 2018, Wednesday

Your Evening News Updates From Across The Media Space

Bid-Submission Deadline for 1,200 MW Solar-Wind Hybrid Tender Extended for the 5th Time

Bid-Submission Deadline for 1,200 MW Solar-Wind Hybrid Tender Extended for the 5th Time

The Solar Energy Corporation of India (SECI) has extended the bid-submission deadline for 1,200 MW of interstate transmission system (ISTS)-connected wind and solar hybrid projects tender for the fifth time.

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Delay in Setting up Transmission System for Solar Projects will Now Attract a Penalty

Delay in Setting up Transmission System for Solar Projects will Now Attract a Penalty

According to the latest notification issued by the Ministry of New and Renewable Energy (MNRE), any delay in the scheduled commissioning date of solar projects due to unavailability of internal execution or transmission system by solar park developers will now be liable to a penalty.  

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JSPL to enhance Angul plant's capacity to 20 mtpa by 2030

JSPL to enhance Angul plant's capacity to 20 mtpa by 2030

The Jindal Steel and Power Ltd (JSPL) has set a target to increase its Angul plant's capacity to 20 mtpa by 2030, a top company official said on Friday. This was revealed by JSPL chairman Navin Jindal,

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Adani Goes Green in Coal Country for First Australian Project

Adani Goes Green in Coal Country for First Australian Project

Adani Enterprises Ltd., best known in Australia for its stalled Carmichael coal project, is nearing completion of a solar power farm in the Bowen Basin in Queensland, a region closely associated with coal mining.

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India's electricity grid needs wings of innovation to fly high

India's electricity grid needs wings of innovation to fly high

India launched the world’s largest renewable energy programme a few years ago signifying a fivefold increase in the target for renewable energy as compared to the previous programme. The target of 175 gigawatt (GW) renewable capacity by 2022 includes 100 GW

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JSW plans Rs 5,000 crore rights issue to buy Bhushan Power

JSW plans Rs 5,000 crore rights issue to buy Bhushan Power

Sajjan Jindal’s JSW Steel plans to raise up to Rs 5,000 crore through a rights issue, so as to tie the funding in place to acquire bankrupt Bhushan Power and Steel. At a press conference that the company held today to announce its second quarter results, MVS Seshagiri Rao,

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India woos Canadian investors with opportunities in solar, tech transfer

India woos Canadian investors with opportunities in solar, tech transfer

India has extended an invitation to Canadian businesses to tap the growing investment potential in the country where the youths, which account for 65 per cent of its population, are "raring" to go with their dreams.

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ArcelorMittal wins majority stake in Essar Steel buyout

ArcelorMittal wins majority stake in Essar Steel buyout

The committee of creditors of the debt-laden Essar Steel India Ltd. has chosen ArcelorMittal SA and Japan’s Nippon Steel & Sumitomo Metal Corp as the winning bidders for the asset, Nippon Steel said in a statement on Friday.

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New round of coal auction with old and rejected mines, same problems

New round of coal auction with old and rejected mines, same problems

As the Centre revives the earlier rejected coal mines by auctioning them again, the move could actually be to ease pressure off the national miner Coal India Limited (CIL). For the upcoming two rounds of the auction of coal mines, the Centre has notified 18 mines o

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PMO reviews IL&FS debt crisis; board to submit revival plan to NCLT by October 31

PMO reviews IL&FS debt crisis; board to submit revival plan to NCLT by October 31

The government-appointed board of Infrastructure Leasing & Financial Services (IL&FS) will submit a revival plan with the National Company Law Tribunal (NCLT) on October 31. The board hasn’t sought a bailout by the government; instead

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City to get 24-hr power supply, government to import 5 LT of Coal

City to get 24-hr power supply, government to import 5 LT of Coal

Chief minister HD Kumaraswamy announced on Thursday that Bengaluru will get round-the-clock power supply in three-phases, and industries will not be put to any inconvenience.

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Continuous run: Kaiga Atomic Power Station’s unit-1 tops in world

Continuous run: Kaiga Atomic Power Station’s unit-1 tops in world

Officials of the Nuclear Power Corporation of India Limited (NPCIL) on Thursday officially announced that Kaiga Atomic Power Station’s unit-1 stands first among Pressurised Heavy Water Reactors (PHWRs) and second among nuclear power reactors

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Small Hydro Project Developer in Maharashtra Gets Relief from DISCOM’s Non-Compliance

Small Hydro Project Developer in Maharashtra Gets Relief from DISCOM’s Non-Compliance

In its latest ruling, the Maharashtra Electricity Regulatory Commission (MERC) has provided relief to Mohite Industries, a small hydro project developer of a 10 MW Radhanagari small hydro power project in Maharashtra.

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India has placed November crude orders with Iran: official

India has placed November crude orders with Iran: official

Indian public sector companies have already placed orders with Iran for crude oil supply during November, a senior government official said here on Friday. "Our public sector companies have already placed orders for the month of November with Iran

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Fuel prices drop once again, petrol below Rs 81 in Delhi

Fuel prices drop once again, petrol below Rs 81 in Delhi

Amid declining Brent crude oil rates, petrol prices were reduced by 25 paise today and that of diesel by 7 paise. Today’s price reduction is the ninth consecutive one this month during which it touched an all-time high of Rs 84 per litre in Delhi and Rs 91.34 in Mumbai.

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ADNOC to fill up Mangalore oil reserves in Nov - Indian officials

ADNOC to fill up Mangalore oil reserves in Nov - Indian officials

The Abu Dhabi National Oil Company (ADNOC) is expected to fill up storage tanks that it has contracted from the Indian government in the first week of November, senior Indian oil officials said on Friday.

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India expects to double gas production by 2022: Officials

India expects to double gas production by 2022: Officials

India expects to double its natural gas production by 2022 as it seeks to reduce its reliance on imports into the country and to meet an anticipated surge in domestic demand, government officials said on Friday.

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India presents opportunities in oil and gas sector at Singapore roadshow

India presents opportunities in oil and gas sector at Singapore roadshow

India on Friday presented a wide range of investment opportunities in the upstream oil and gas sector, citing strong interests in the ongoing USD 2.86 billion investment underway to double gas production and drill more than 120 exploration wells over the next four-five years.

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RTI: How did fuel prices remain stable during Gujarat, Karnataka polls?

RTI: How did fuel prices remain stable during Gujarat, Karnataka polls?

Petrol prices have hit record highs this year. People are angry. The government is worried. This forced Union Finance Minister Arun Jaitley, on October 04, 2018, to announce a marginal relief for citizens with an excise duty cut of Rs 1.50 and another Re 1 drop

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Despite oversupply, oil demand likely to be fairly strong at least for next year: S&P Global Platts

Despite oversupply, oil demand likely to be fairly strong at least for next year: S&P Global Platts

Crude oil prices were headed for a third weekly loss on Friday as Saudi Arabia warned of oversupply. Saudi Arabia oil minister, Khalid A. Al-Falih said that the supplies in the fourth-quarter are expected to be in surplus and that the OPEC and allies

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Massive fuel pilferage racket busted, 14,000 liters of stolen petrol seized in Muzaffarnagar

Massive fuel pilferage racket busted, 14,000 liters of stolen petrol seized in Muzaffarnagar

In a joint operation, sleuths of UP’s Special Task Force (STF) and Muzaffarnagar Police on Thursday seized 14,000 liters of petrol and 200 liters of diesel which were pilfered from oil tankers during their shipment to petrol pumps across various parts of western UP.

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Wow! Indian Railways mulling semi-high to high-speed rail corridor for Agra-Varanasi

Wow! Indian Railways mulling semi-high to high-speed rail corridor for Agra-Varanasi

Agra-Varanasi high-speed train project: Big announcement from Railway Minister Piyush Goyal! Soon, a high-speed or possibly even semi-high speed train may run between Agra and Varanasi, giving a boost to Uttar Pradesh’s railway sector.

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Railway Electrification To Boost Order Book By 20%, Says KEI Industries

Railway Electrification To Boost Order Book By 20%, Says KEI Industries

KEI Industries Ltd. said it expects cable orders to go up by 15-20 percent as the country prepares for a complete electrification of Indian Railways in the next four years.

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Indian Railways is building world's highest railway line

Indian Railways is building world's highest railway line

Indian railways plans to connect New Delhi with Ladakh region through the world's highest railway line that will run along the India-China border. The national transporter plans to build a strategically-important Bilaspur-Manali- Leh line along the Indo-China border.

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Delhi Metro Phase IV on track! Work on project with 6 corridors likely to start by mid-2019; details here

Delhi Metro Phase IV on track! Work on project with 6 corridors likely to start by mid-2019; details here

Delhi Metro Phase IV project: Now that the Delhi government has decided to give its nod to all the six corridors of Delhi Metro, work on the much-delayed Phase IV project may now finally start by mid-2019.

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Vijayawada Municipal Corporation commissions MG Road widening works

Vijayawada Municipal Corporation commissions MG Road widening works

After initial hiccups, the Vijayawada Municipal Corporation (VMC) has commissioned widening of the Mahatma Gandhi Road stretch between Benz Circle and Auto Nagar from the existing 80 feet to 100 ft in order to ease traffic congestion.

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Diwali bonanza for passengers! Indian Railways to partially scrap flexi-fare scheme; discounts likely

Diwali bonanza for passengers! Indian Railways to partially scrap flexi-fare scheme; discounts likely

Diwali bonanza for Indian Railways passengers! Railway Minister Piyush Goyal is all set to give a Diwali gift to passengers by deciding to partially scrap the flexi-fare scheme.

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Sidhu writes to Railway Minister Piyush Goyal, seeks high fencing, CCTVs along rail tracks

Sidhu writes to Railway Minister Piyush Goyal, seeks high fencing, CCTVs along rail tracks

Punjab cabinet minister Navjot Singh Sidhu Thursday wrote a letter to Railways minister Piyush Goyal, seeking high fencing and installation of CCTV cameras along rail tracks to prevent accidents.

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Railways likely to announce flexi-fare scheme relief today

Railways likely to announce flexi-fare scheme relief today

There’s good news for rail passengers. The national transporter is likely to scrap on Friday the flexi-fare plan on nearly a third of the 142 premium trains covered by the scheme, providing relief ahead of the Diwali and Chhath Puja rush.

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YESTERDAY'S HEADLINES

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