GOOD EVENING INDIA

November 17, 2018, Saturday

Your Evening News Updates From Across The Media Space

Subsidised solar pump scheme launched in Odisha

Subsidised solar pump scheme launched in Odisha

Odisha Chief Minister Naveen Patnaik on Tuesday launched the Soura Jalanidhi scheme that aims to increase use of solar energy for helping farmers in irrigating their land. 'Soura Jalanidhi', is a dug well-based solar pump irrigation system in convergence mode.

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Thermal power capacity addition to dip: CRISIL

Thermal power capacity addition to dip: CRISIL

Rating agency CRISIL believes that thermal power capacity additions may halve over the next five years on truant power purchase agreements, erratic coal supplies and rise in renewables.

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SC pet coke verdict may hit aluminium sector investment: Report

SC pet coke verdict may hit aluminium sector investment: Report

The Supreme Court's decision to lift the blanket ban on the import of pet coke and allow a capped quantity of import may create an uncertainty on the expansion of aluminium capacity and discourage investments in the sector, India Ratings said in a report Tuesday.

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Domestic coal cannot keep up with demand: ICRA

Domestic coal cannot keep up with demand: ICRA

Domestic coal supply remains significantly short of the domestic demand, on the back of a strong recovery in power demand, lower hydropower generation in the current fiscal, as well as a healthy growth in production levels from non-regulated consuming

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Azure Power raises $400 million in debt and equity

Azure Power raises $400 million in debt and equity

Solar project developer Azure Power says it has raised more than $400 million (Rs2,947 crore) since the end of the first quarter of India’s financial year – on June 30th. The largest source of the funding came from the company’s follow-on share offering

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Gujarat Decides to Implement Solar Agricultural Feeder Program on Pilot Basis

Gujarat Decides to Implement Solar Agricultural Feeder Program on Pilot Basis

The Gujarat Electricity Regulatory Commission (GERC) will support the implementation of Suryashakti Kisan Yojna (SKY) as a pilot project in Gujarat. The GERC was responding to a petition filed by Paschim Gujarat Vij Co. Ltd. (PGVCL), Uttar Gujarat Vij Co. Ltd.

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World Watches, Wide-Eyed, India’s Gusto In Tapping Its Gust-Power

World Watches, Wide-Eyed, India’s Gusto In Tapping Its Gust-Power

Last week, an Indian organisation received the top UN Investment Promotion Award at a United Nations Conference on Trade and Development (UNCTAD) event in Geneva, for its efforts to boost investments in the renewable energy sector.

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Goa: Public hearing of power department’s business plan today

Goa: Public hearing of power department’s business plan today

The Joint Electricity Regulatory Commission (JERC) will hold a public hearing to approve the state electricity department’s draft business plan for a multi-year tariff control period from financial year 2019-20 to 2021-22 at Ravindra Bhavan, Margao, on Tuesday.

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Power hungry India just not satisfied despite Coal India ramp-ups

Power hungry India just not satisfied despite Coal India ramp-ups

Despite a double-digit coal production growth of 10.6% by Coal India Ltd (CIL) during the first six months of the current fiscal, domestic coal supply remains constrained as production ramp-ups are unable to keep pace with rising demand.

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IL&FS crisis: Normalcy to return to system in couple of weeks, says SBI Chief Rajnish Kumar

IL&FS crisis: Normalcy to return to system in couple of weeks, says SBI Chief Rajnish Kumar

In wake of the IL&FS crisis, efforts are underway by the Indian government, RBI as well as SBI to try and stabilise the system “very quickly”, and things are likely to return to normal in a couple of weeks, SBI Chairman Rajnish Kumar said here.

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Discoms can seek tweak in PPAs for costlier coal: Supreme Court

Discoms can seek tweak in PPAs for costlier coal: Supreme Court

The Supreme Court has allowed states that buy power from large projects of the Tata, Adani and Essar groups to approach the central electricity regulator for a tweak in contracts to allow the producers to bill these states for higher cost of imported coal.

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Get Smart: 5,000 Homes in Varanasi Receive Smart Electricity Meters

Get Smart: 5,000 Homes in Varanasi Receive Smart Electricity Meters

Asian Development Bank (ADB) has successfully completed the pilot phase of its satellite-based smart meter project in a village in Varanasi in which 5,000 households received the meters.

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Why investors should pick NTPC over power grid

Why investors should pick NTPC over power grid

Power Grid, a top defensive bet in the power sector, has been losing out to NTPC, another state behemoth, over the past few months. Investors have trimmed their positions in the transmission company recently and moved to power

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Actis could step up investments in India’s green energy space

Actis could step up investments in India’s green energy space

Growth market-focused alternative investment firm Actis said India is one of its core investment markets where it has committed nearly a billion in the past 12 months, betting big on a fresh wave on renewable energy and continued advancement

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Oil prices dip on rising supply, trade tensions

Oil prices dip on rising supply, trade tensions

Oil prices dipped on Tuesday, dragged down by concerns that the Sino-U.S. trade dispute will dent economic growth and by signs of rising global supply despite upcoming sanctions against Iran. Front-month Brent crude oil futures

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BPCL to shut crude unit, secondary capacity at Kochi refinery in December

BPCL to shut crude unit, secondary capacity at Kochi refinery in December

India's state-run Bharat Petroleum Corp (BPCL) will shut the crude distillation unit and the secondary units at its Kochi oil refinery that were installed last year for maintenance starting in December, a company official said on Tuesday.

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Gas Leaks as Metro Corridor Work Damages Gail Pipeline

Gas Leaks as Metro Corridor Work Damages Gail Pipeline

An underground gas pipeline was damaged when metro constructionworkers were drilling the ITPL main road and this led to panic and disruption of traffic early on Monday morning.

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High oil prices hurting consumers, to dent fuel demand: IEA chief

High oil prices hurting consumers, to dent fuel demand: IEA chief

High oil prices are hurting consumers and could also have adverse implications for producers, the executive director of the International Energy Agency (IEA) said on Tuesday.

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Fuel prices witness downward trend on Tuesday

Fuel prices witness downward trend on Tuesday

Providing relief to the consumers, the fuel prices continued to fall on Tuesday with petrol and diesel now being sold at Rs 79.55 and Rs Rs 73.78 per litre respectively in the national capital.

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Indian Railways’ Surat station redevelopment work to begin by January 2019; plans to make it world-class!

Indian Railways’ Surat station redevelopment work to begin by January 2019; plans to make it world-class!

Surat city railway station redevelopment: Indian Railways hopes to begin the redevelopment work on the Surat station by January 2019. Earlier this month, the deadline for bidding for the redevelopment of Surat city railway station

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Special Trains For A Special Occasion: Indian Railways Introduces New Trains To Handle Diwali, Chhath Puja Rush

Special Trains For A Special Occasion: Indian Railways Introduces New Trains To Handle Diwali, Chhath Puja Rush

The Indian Railways has introduced special trains to give passengers a chance to travel during the busy festive period of Diwali and Chhath Puja, reports Times Travel. These trains will run until November 15 on special routes, mainly in Bihar and Jharkhand.

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Railway reservation rules you need to know this Diwali

Railway reservation rules you need to know this Diwali

So Diwali is just a week away and railways are already facing the last minute rush, as people are trying to book tickets so that they can spend the festival with their loved ones. With railways being one of the most pocket-friendly means of transportation in the country,

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Bangalore Metro bids disappoint as contractors go underground

Bangalore Metro bids disappoint as contractors go underground

Only a handful of construction companies appear to be keen on building the underground (UG) metro corridor in the city. Even after relaxing a few conditions and retendering the 2.75-km UG section of Phase II,

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Delhi Metro: Pink Line’s Brand New Trilokpuri-Shiv Vihar To Have A Train Every 15 Minutes

Delhi Metro: Pink Line’s Brand New Trilokpuri-Shiv Vihar To Have A Train Every 15 Minutes

The Delhi Metro is all set to open the much-anticipated Shiv Vihar-Trilokpuri Sanjay Lake section of the Pink Line on Wednesday (31 October) which will bring together South, North, West and East Delhi, reports India Today.

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ICF stay in title chase after narrow win over Southern Railway

ICF stay in title chase after narrow win over Southern Railway

It was a must-win game for Integral Coach Factory against Southern Railway on Monday and they came good to win the encounter 2-1 to stay alive in the Shriram City CHA Super Six Hockey League Championship.

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What to expect from India's bullet train lookalike

What to expect from India's bullet train lookalike

Automated doors, an integrated rake without a separate engine, fully airconditioned, aerodynamic by design and capable of fast acceleration and quick braking, Train 18, was formally unveiled by the Railways

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