GOOD EVENING INDIA

November 16, 2018, Friday

Your Evening News Updates From Across The Media Space

Telangana top power consumer in India

Telangana top power consumer in India

Registering nearly 14 per cent growth in power consumption, Telangana has secured first place in the country. It also stood on the top with 1,727 units in per capita power consumption. The Central Electricity Authority (CEA)

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Delhi government plans to float tenders for 1,000 e-buses by December, says Kailash Gahlot

Delhi government plans to float tenders for 1,000 e-buses by December, says Kailash Gahlot

The Delhi government plans to float tenders for 1,000 electric buses by December so that the zero-emissions vehicles are rolled out in the next five to six months, Transport minister Kailash Gahlot said Friday as he launched an e-bus for trial here.

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Haryana Electricity Regulator Approves PPA with Deviations for a 10 MW Solar Project

Haryana Electricity Regulator Approves PPA with Deviations for a 10 MW Solar Project

The Haryana Electricity Regulatory Commission (HERC) has issued an order approving the deviations in the terms of power purchase agreement (PPA) for procurement of power by Haryana Power Purchase Centre (HPPC

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Why Leisang, India’s ‘Last Village To Be Electrified’, Has Relapsed Into Darkness

Why Leisang, India’s ‘Last Village To Be Electrified’, Has Relapsed Into Darkness

As dusk set in on April 28, 2018, on this lush, remote village, a much-anticipated moment finally arrived–electric light bulbs lit up the dark, as whistles, and shouts of joy accompanied the pealing of the local church bell.

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Q2 Results: NTPC’s Profit Miss Estimates As Margin Contracts

Q2 Results: NTPC’s Profit Miss Estimates As Margin Contracts

Net profit of the state-run power producer was Rs 2,426 crore in the quarter, little changed from the year-ago period, according to its stock exchange filing. That compares with the Rs 2,577-crore consensus estimate of analysts tracked by Bloomberg.

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REC Raises $700 Million Through Global Medium-Term-Note Program

REC Raises $700 Million Through Global Medium-Term-Note Program

The REC Limited (Formerly, Rural Electrification Corporation of India), a public sector enterprise under the Government of India, has raised $700 million through initial foray of its $5 billion global medium-term-note

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MNRE Continues Custom Duty Concession for Non-Conventional Power Projects

MNRE Continues Custom Duty Concession for Non-Conventional Power Projects

The Ministry of New and Renewable Energy (MNRE) has issued a memorandum regarding continuation of issue of concessional custom duty certificate (CCDC) to set up projects for generation of power using non-conventional

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CIL's supplies to power plants up 22 mt in Apr-Oct

CIL's supplies to power plants up 22 mt in Apr-Oct

State-run Coal India Limited (CIL) on Friday said it has supplied 272.88 million tonnes (mt) of coal to the power sector during the April- October period, up by 8.9 per cent, from 250.68 mt in the year-ago period.

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IL&FS case: Uday Kotak led board warns about Rs 53,000 crore bank exposure; 5 key things to know

IL&FS case: Uday Kotak led board warns about Rs 53,000 crore bank exposure; 5 key things to know

Uday Kotak-led Infrastructure Leasing and Financial Services (IL&FS) board has warned about banks facing Rs 53,000 crore worth exposure to finance company. Since the total exposure of the banks to the NBFC is nearly 16 percent

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Solar Power Generation Jumps by 58% in Q3 of CY 2018

Solar Power Generation Jumps by 58% in Q3 of CY 2018

Solar power generation in India has increased substantially over the past few years. However, there was a decline in solar power generation rate quarter-over-quarter (QoQ) due to seasonal changes. This is similar to the trend last year.

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No bull territory: Trading houses see lower oil prices in 2019

No bull territory: Trading houses see lower oil prices in 2019

Oil prices won’t rally and may fall further in 2019 as a slowing global economy and booming U.S. output help offset the loss of Iranian barrels, the world’s biggest oil traders told the Reuters Global Commodities Summit.

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Oil Set for Worst Week Since February as Supply Fears Subside

Oil Set for Worst Week Since February as Supply Fears Subside

Oil headed for the biggest weekly loss since February as the U.S. softened its crackdown on Iranian exports and American supplies surged, assuaging fears of an impending shortage.

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India Among 8 Countries Allowed to Buy Oil from Iran After US Sanctions: Report

India Among 8 Countries Allowed to Buy Oil from Iran After US Sanctions: Report

The U.S. government has agreed to let eight countries, including close allies India, South Korea and Japan, keep buying Iranian oil after it reimposes sanctions on Tehran from next week, Bloomberg reported on Friday, citing a U.S. official

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Indian Oil Q2 profit drops on higher forex, raw material costs

Indian Oil Q2 profit drops on higher forex, raw material costs

State-run refiner Indian Oil Corp Ltd posted a 12.2 percent fall in second-quarter profit on Friday, missing estimate by a wide margin, dented by forex expenses and raw material costs. Net profit came in at Rs 3,247 crore in the quarter

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Oil majors gain: HPCL, BPCL, IOC share price rises as crude hits 7-month low

Oil majors gain: HPCL, BPCL, IOC share price rises as crude hits 7-month low

Oil majors gain: The shares of state-run oil market companies (OMCs) namely HPCL, BPCL and IOC surged up to 6 percent, majorly supported by fall in crude prices in the global oil market.

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Iran braces for oil sanctions after currency crash, protests

Iran braces for oil sanctions after currency crash, protests

Iran is bracing for the restoration of US sanctions on its vital oil industry next week, as it grapples with an economic crisis that has sparked sporadic protests over rising prices, corruption and unemployment.

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US curbs looming, India reduces Iran oil imports by 30%

US curbs looming, India reduces Iran oil imports by 30%

With an over 30% reduction in imports of oil from Iran in the past few months, India is hoping to be eligible for a waiver on Iran oil sanctions from this weekend. The US State department is expected to announce sanctions and waivers

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Concessions on the cards, India in wait-and-watch mode

Concessions on the cards, India in wait-and-watch mode

With India adopting a “wait and watch” policy ahead of US oil and banking sanctions on Iran from Sunday, the rationale behind the underplayed optimism displayed by the world’s third-largest oil consumer was best summed

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India hopes US will not leave it in a difficult situation

India hopes US will not leave it in a difficult situation

As the countdown to the US re-imposing crippling sanctions on Iran nears its end, India hopes Washington will give Asia’s third largest economy, which is heavily dependent on imported fuel, a reprieve from sanctions on buying oil from Tehran.

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Government thrust on public transport; cab aggregator users may rise to 1 crore, says Nitin Gadkari

Government thrust on public transport; cab aggregator users may rise to 1 crore, says Nitin Gadkari

The government’s focus is on boosting public transport as the number of people hailing taxi aggregators may swell to 1 crore daily in the next two-three years from 35 lakh daily at present, Union minister Nitin Gadkari said Thursday.

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Chennai’s Egmore Metro Station Gets Most Prestigious Platinum Rating From Indian Green Building Council

Chennai’s Egmore Metro Station Gets Most Prestigious Platinum Rating From Indian Green Building Council

In keeping with the Sustainable Development Goals (SDG) agenda, Chennai’s Egmore metro underground station was awarded the prestigious platinum rating by the Indian Green Building Council (IGBC), as reported by Times Of India (TOI).

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Hybrid aeroboats may be inducted for Kumbh; launch pilot for Taj Mahal: Gadkari

Hybrid aeroboats may be inducted for Kumbh; launch pilot for Taj Mahal: Gadkari

Keen on promoting innovative modes of transport, Union Minister Nitin Gadkari Thursday said the government may induct hybrid aeroboats in the upcoming Kumbh fair and also for ferrying people to Taj Mahal (Agra) from the national capital.

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Delhi government, Indian Railways sign MoU for Mukhyamantri Tirth Yatra Yojana

Delhi government, Indian Railways sign MoU for Mukhyamantri Tirth Yatra Yojana

The Delhi government signed a memorandum of understanding with the railways on Thursday to cater to pilgrims availing the Mukhyamantri Tirth Yatra Yojana, an official statement stated.

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Dwarka expressway: Gadkari calls Kejriwal, discusses tree-cutting permission for early start of work

Dwarka expressway: Gadkari calls Kejriwal, discusses tree-cutting permission for early start of work

Union transport minister Nitin Gadkari, on Thursday , held a discussion with Delhi Chief Minister Arvind Kejriwal and raised the matter of expediting the process of acquiring the necessary permissions for felling and transplanting trees

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L&T Construction bags orders worth Rs 1,329 crore

L&T Construction bags orders worth Rs 1,329 crore

Larsen & Toubro (L&T) Friday said its construction arm has won orders worth Rs 1,329 crore across business segments. L&T said its water and effluent treatment business has bagged orders worth Rs 710 crore in the international market.

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PM Narendra Modi to inaugurate KMP expressway on Nov 10: Haryana CM

PM Narendra Modi to inaugurate KMP expressway on Nov 10: Haryana CM

On the occasion of Haryana Day, chief minister Manohar Lal Khattar on Thursday announced an end to the practice of ‘Lal Dora’ and said that Prime Minister Narendra Modi would inaugurate the Kundali Manesar Palwa (KMP) Expressway on November 10.

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Commuting in this city is easiest in India! Ease of Mobility Index 2018

Commuting in this city is easiest in India! Ease of Mobility Index 2018

The Ease of Mobility Index for 2018 a study prepared by the OIa’s Mobility Institute, is truly a revolutionary study. It has conducted a study on various parameters across the nation to show how easy it is to commute to various cities in the country.

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Now use mobile UTS app for booking local train tickets

Now use mobile UTS app for booking local train tickets

Indian Railways unreserved tickets booking online is now available online nationwide from Thursday. This is through Railways UTS mobile app. Watch this video to know more.

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Train 18 to take next big leap! New engine-less Indian Railways train with sleeper-class to replace Rajdhani

Train 18 to take next big leap! New engine-less Indian Railways train with sleeper-class to replace Rajdhani

Engine-less train to replace Rajdhani Express! After rolling out Train 18 – Indian Railways’ first engine-less chair car train set – the Integral Coach Factory (ICF) Chennai is now looking to manufacture the sleeper-class version of this self-propelled train.

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New Rakes, New Life: Kerala Gets Independent Rajyarani Express Available For Service From November

New Rakes, New Life: Kerala Gets Independent Rajyarani Express Available For Service From November

The independent ‘Rajyarani Express’ on the Thiruvananthapuram-Nilambur route is going to be a dream come true for commuters who have been waiting for this service for long. The service is expected to start from mid-November.

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