GOOD EVENING INDIA

May 20, 2019, Monday

Your Evening News Updates From Across The Media Space

Power demand will continue to be strong going forward: Satyanarayan Goel, IEX

Power demand will continue to be strong going forward: Satyanarayan Goel, IEX

The Q2 volume growth was driven mainly by the increase in demand across the country. Demand increased in states like Gujarat, Maharashtra, Bihar, West Bengal, Telangana, Tamil Nadu and Jammu & Kashmir.

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Reliance Industries plans Rs 3,000 cr fresh investment in Odisha

Reliance Industries plans Rs 3,000 cr fresh investment in Odisha

Reliance Industries will make a fresh investment of Rs 3,000 crore in Odisha, its Chairman Mukhesh Ambani announced here Monday. Reliance Industries has emerged as one of the largest investors in the state and has already invested Rs 6,000 crore, he said.

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IEA finds India’s rural electrification one of greatest success stories this year

IEA finds India’s rural electrification one of greatest success stories this year

India’s move to energise every village in the country with electricity is one of the greatest success stories in the world this year; providing clean cooking fuel to people is another laudable achievement that will reduce premature deaths

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India Power-led tie-up wins tender for 100 MW solar park in Albania

India Power-led tie-up wins tender for 100 MW solar park in Albania

The Montecristi Solar power plant in Guayubin, Dominican Republic. Author: PresidenciaRD. License: Attribution-NonCommercial-NoDerivs 2.0 Generic (CC BY-NC-ND 2.0)

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NTPC Floats Tender for 1.2 GW of ISTS-Connected Solar Projects in Maharashtra

NTPC Floats Tender for 1.2 GW of ISTS-Connected Solar Projects in Maharashtra

The National Thermal Power Corporation (NTPC) has tendered 1,200 MW of interstate transmission system (ISTS)-connected solar photovoltaic (PV) projects to be developed in Maharashtra.

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BHEL commissions 120 Mw Pulichintala hydro power project in Telangana

BHEL commissions 120 Mw Pulichintala hydro power project in Telangana

Bharat Heavy Electricals Limited (BHEL), the country's largest power equipment manufacturer, today announced it has commissioned a 120 Megawatt (Mw) hydro power in Telangana with the completion of its fourth and final 30 Mw generating unit.

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Unions urge Coal India employees not to subscribe to company shares

Unions urge Coal India employees not to subscribe to company shares

Coal sector trade unions opposing the dilution of the government stake in Coal India has urged the employees against participating in the ongoing five per cent offer for sale (OFS) meant for employees.

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Coal India stock fails to impress, but government made a cool Rs 74,000 crore

Coal India stock fails to impress, but government made a cool Rs 74,000 crore

Coal India, which made a smashing market debut eight years ago, has failed to live up to investor expectations till now. The stock is down nearly 7 per cent at Rs 268.20 against its listing price of Rs 287.75. However, it's up 9 per cent from the issue price of Rs 245.

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Solar Curtailment Still an Issue for Power Developers in India

Solar Curtailment Still an Issue for Power Developers in India

Solar project developers in the country continue to face curtailment issues and when it comes to states like Tamil Nadu, Andhra Pradesh, Karnataka, among others, the issue of curtailment is more challenging, falling somewhere between 10 and 25 percent.

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India Inc pays 102% more than power plants, double the notified coal rate

India Inc pays 102% more than power plants, double the notified coal rate

Cost of sourcing coal for industry has skyrocketed with the premium being paid by sectors such as cement, steel or aluminium crossing 100% over prices paid by the power sector.

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Delhi pollution today: National capital witness ‘severe’ air quality

Delhi and the National Capital Region (NCR) on Monday witnessed “severe” air quality with the minimum temperature recorded at 13.4 degrees Celsius, the season’s average, the Met office said.

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Coal stocks plunge to 5-year low as power demand rises; how this can affect government’s fiscal math

Coal stocks plunge to 5-year low as power demand rises; how this can affect government’s fiscal math

Amid a sudden rise in coal demand from the power sector, the coal stocks fell to a 5-month low of 21 million tonne (mt) in the month of October, triggering fear of power plant outages, The Indian Express reported.

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Govt serious on renewable energy: JERC

Govt serious on renewable energy: JERC

Chairperson of the Joint Electricity Regulatory Commission (JERC) M K Goel said the government is serious about promoting renewable energy. It is wrong to assume that JERC has vested interests in promoting thermal energy alone, he said.

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Power engineers oppose revised electricity amendment bill

Power engineers oppose revised electricity amendment bill

Engineers of state electricity boards from across the country have come out against the revised draft of the Electricity Amendment Bill enabling private operators to supply power to consumers in their areas.

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India offers underground strategic oil storage to Abu Dhabi

India offers underground strategic oil storage to Abu Dhabi

India Monday signed an initial pact to lease out a part of its underground strategic oil storage at Padur in Karnataka to Abu Dhabi National Oil Co (ADNOC) for storing crude oil, the second such deal with the UAE firm this year, Oil Minister Dharmendra Pradhan said.

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How crude price fall altered CAD, rupee dynamics & RBI’s reserves

How crude price fall altered CAD, rupee dynamics & RBI’s reserves

After a long six-week hammering, the rupee came out relieved of the pressure from the greenback during the festive season. The relief came from multiple quarters, the foremost being a fall in Brent crude prices to $70 and WTI to $60.

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Abu Dhabi summit: Oil production cuts may be necessary

Abu Dhabi summit: Oil production cuts may be necessary

Major oil producers on hand for a summit in Abu Dhabi acknowledge that production cuts of up to 1 million barrels a day may be necessary. Saudi Energy Minister Khalid al-Falih said on Monday that an analysis suggested that cut may

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India Joins the Club for Collaboration on New and Alternate Fuels

India Joins the Club for Collaboration on New and Alternate Fuels

The Indian government headed by Prime Minister Narendra Modi has ratified the membership of Advanced Motor Fuels Technology Collaboration Programme (AMF TCP) under the International Energy Agency (IEA) on May 9, 2018.

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Petrol prices slashed by Rs 5.50 in less than a month in Chennai; check latest rates in metros

Petrol prices slashed by Rs 5.50 in less than a month in Chennai; check latest rates in metros

Petrol prices have been on a downward trend in the recent times, with the overall price cut exceeding Rs 5 in Delhi in less than a month. Notably, petrol prices have fallen from Rs 82.83 on October 17th to Rs 77.56 today, implying a cut of Rs 5.27.

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Indian Railways gears up to launch Shri Ramayana Express from November 14

Indian Railways gears up to launch Shri Ramayana Express from November 14

The Indian Railways announced on Monday that it would be launching Shri Ramayana Express from November 14 which would cover all destinations associated with the life of Lord Ram.

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Modi in Varanasi live updates: PM inaugurates first multi-modal terminal on Ganga river

Modi in Varanasi live updates: PM inaugurates first multi-modal terminal on Ganga river

Prime Minister Narendra Modi is in Varanasi to inaugurate infrastructure projects worth over Rs 2,412 crore, including two major national highways and an inland waterways project. It will be the PM’s 15th visit to his constituency in the last four-and-a half years.

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Geeks Are Scamming Hyderabad Metro By Way Of A Fake App. Users Beware

Geeks Are Scamming Hyderabad Metro By Way Of A Fake App. Users Beware

Hyderabad Metro commuters are being fooled with fake apps that claim to give information regarding Hyderabad Metro Rail. These apps mimic the legitimate app to trick users into downloading them.

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Major upgrade for Indian Railways trains! Tray-tables to charging points, 2000 old coaches to get refurbished

Major upgrade for Indian Railways trains! Tray-tables to charging points, 2000 old coaches to get refurbished

Piyush Goyal-led Indian Railways is all set to refurbish as many as 2,000 old coaches this year! The national transporter, in a bid to enhance customer experience, will upgrade the old coaches of its trains by introducing tray-

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Navi Mumbai: JNPT puts manufacturing hub as big as 13 Oval Maidans on block

Navi Mumbai: JNPT puts manufacturing hub as big as 13 Oval Maidans on block

JNPT, the country’s biggest container port, is all set to invite global bids for a 296-acre manufacturing hub at its upcoming special economic zone (SEZ) that has been marked exclusively for nonpolluting industries like pharma

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Indian Railways inaugurates new Nerul-Belapur-Seawoods-Kharkopar rail link in Mumbai

Indian Railways inaugurates new Nerul-Belapur-Seawoods-Kharkopar rail link in Mumbai

Railway Minister Piyush Goyal and Maharashtra Chief Minister Devendra Fadnavis on Sunday inaugurated the phase I of the 12.4-km Nerul-Belapur-Seawoods-Kharkopar suburban railway.

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IRCTC Fixes Security Bug Which Could Have Put Personal Details Of Lakhs Of Passengers Into Hackers’ Hands

IRCTC Fixes Security Bug Which Could Have Put Personal Details Of Lakhs Of Passengers Into Hackers’ Hands

The Indian Railway Catering and Tourism Corporation (IRCTC) has fixed a security bug which could have given hackers to passengers’ personal information, reports Economic Times.

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