GOOD EVENING INDIA

March 24, 2019, Sunday

Your Evening News Updates From Across The Media Space

CERC Issues Order to Provide ₹2,153.9 Million in GST Relief to Two Solar Project Developers

CERC Issues Order to Provide ₹2,153.9 Million in GST Relief to Two Solar Project Developers

The Central Electricity Regulatory Commission (CERC) has issued an order to compensate solar power developers (SPDs) by reimbursing the sum that was incurred as additional capital expenditure after the introduction of GST Law.

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CM asks power cos to submit action plan for next 15 years

CM asks power cos to submit action plan for next 15 years

Chief minister N Chandrababu Naidu on Wednesday directed power utilities to submit a comprehensive action plan to meet the power demand for the next 15 years.

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India property bond sales stall as IL&FS fuels default worry

India property bond sales stall as IL&FS fuels default worry

Indian developer rupee bond sales have slumped to the lowest in almost four years as investors become more cautious about default risks after the shock from non-payments by Infrastructure & Leasing Financial Services Ltd (IL&FS

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41% rise in renewable energy sourced by companies: RE100 report

41% rise in renewable energy sourced by companies: RE100 report

A dramatic upsurge in demand for renewable energy from ambitious multinational companies was now shifting markets away from fossil fuels in more than 140 markets worldwide, a RE100 report said on Thursday.

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As India fails to clean up its air, China is winning war on pollution

As India fails to clean up its air, China is winning war on pollution

While New Delhi and other Indian cities choke amid worsening air conditions and half-hearted government measures, neighbouring China -- the world's largest polluter -- is slowly winning its war against pollution.

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India's smart cities attract Chinese investors, experts caution about 'risk factors'

India's smart cities attract Chinese investors, experts caution about 'risk factors'

Chinese companies are showing an increasing interest in Indian start-ups and the government's ambitious Smart Cities Mission, with experts reminding that the investors should factor-in risks and challenges, as per a report in Chinese media.

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UT to conduct audit of Transmission and Distribution losses

UT to conduct audit of Transmission and Distribution losses

The UT electricity department plans to conduct an energy audit of its Transmission and Distribution (T&D) system to identify and reduce its energy losses.

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New Solar Projects Drive Azure Power’s Revenue Up by 22% to $30.7 Million in Q2 2019

New Solar Projects Drive Azure Power’s Revenue Up by 22% to $30.7 Million in Q2 2019

Azure Power (NYSE: AZRE), an independent solar power producer, has announced its consolidated results for the second quarter ending September 30, 2018. Total revenue in the second quarter of FY19 stood at ₹2,225.7 million

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Meghalaya Issues Regulations for Deviation Settlement of Solar and Wind Projects

Meghalaya Issues Regulations for Deviation Settlement of Solar and Wind Projects

The Meghalaya State Electricity Regulatory Commission (MSERC) has issued new regulations for the forecasting, scheduling, and deviation settlement for solar and wind energy generation in the state.

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Fuel demand rises 4 pc in October

India Fuel demand rises 4 pc in October

India's fuel demand rose by 4 per cent in October as a drop in prices propelled a rise in petrol and diesel consumption. Fuel consumption in October totalled 17.99 million tonnes (MT) as compared to 17.3 MT

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How sharp crude oil price fall actually hurt Indian economy, JP Morgan’s Sajjid Chinoy explains

How sharp crude oil price fall actually hurt Indian economy, JP Morgan’s Sajjid Chinoy explains

While Indian economy apparently reaped huge benefits from a sharp fall in crude oil prices about three years ago, with the GDP growth topping 8% and defying a global slowdown, the oil price fall actually ended up hurting Indian economy

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PM to launch 10th city gas licensing round on November 22

PM to launch 10th city gas licensing round on November 22

Prime Minister Narendra Modi will next week launch the 10th city gas licensing round that will help extend coverage of CNG and piped cooking gas connections to 70 percent of the population.

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Oil Prices Continue to Bleed, Relief for Modi Government?

Oil Prices Continue to Bleed, Relief for Modi Government?

The oil prices continue to struggle, call it an over production by Saudi Arabia or OPEC’s recent prediction or Trump’s weird administrative policies (sanction to Iran for increasing oil prices) or economic slowdown or Russia’s intervention in Saudi Arabia

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Column: Natural gas looks like the IEA's big winner, but threats abound

Column: Natural gas looks like the IEA's big winner, but threats abound

The comprehensive report, released on Nov. 13, outlined an energy future where natural gas overtakes coal by 2030 to become the world’s second-largest energy source.

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ONGC may defer dividend payout this year; says, will buy back govt shares or pay dividend, not both

ONGC may defer dividend payout this year; says, will buy back govt shares or pay dividend, not both

State-run energy major Oil and Natural Gas Corp (ONGC) has informed the Ministry of Finance that it may defer the interim dividend plan for the current financial year 2018-19, as it can either pay interim dividend or buy back

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Petrol, diesel price cut again on Thursday after one-day hiatus. Check rates here

Petrol, diesel price cut again on Thursday after one-day hiatus. Check rates here

Petrol, diesel prices were slashed again on Thursday after remaining unchanged on Wednesday. Petrol price was cut by 14-16 paise while diesel became cheaper by 9-11 paise after today's revision. In November so far,

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Make in India boost: Indian Railways, PSUs place orders worth over Rs 8,000 crore with domestic steelmakers

Make in India boost: Indian Railways, PSUs place orders worth over Rs 8,000 crore with domestic steelmakers

Giving a boost to Modi government’s ambitious ‘Make in India’ initiative, Indian railways and government PSUs have placed orders for iron and steel, worth Rs 8,129 crore with domestic manufacturers during June 2017 to October 2018, according to the Ministry of Steel.

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Shocking! Passengers steal lakhs of bedsheets, towels, blankets from Indian Railways

Shocking! Passengers steal lakhs of bedsheets, towels, blankets from Indian Railways

Affluent AC passengers are the prime suspects as over 21 lakh towels, bedsheets, blankets and other items went missing from air-conditioned coaches during 2017-18 an official said.

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New skywalk in Punjagutta inaugurated

New skywalk in Punjagutta inaugurated

The Hyderabad Metro Rail Limited (HMRL) on Wednesday inaugurated Hyderabad's first skywalk at Panjagutta. According to Metro Rail authorities, the skywalk connectivity from Panjagutta Metro station to Metro Mall

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Bullet trains to be cleaned in just 7 minutes? What India is learning from Japan’s Shinkansen trains

Bullet trains to be cleaned in just 7 minutes? What India is learning from Japan’s Shinkansen trains

Mumbai-Ahmedabad Bullet train: In an interesting move, Indian Railways plans to replicate many modern features and practices of Japan’s Shinkansen bullet train system such as cleaning trains in just seven minutes and encouraging passengers to carry minimal baggage.

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Indian Railways to install 100-ft tricolours at 75 busiest stations by year end

Indian Railways to install 100-ft tricolours at 75 busiest stations by year end

The Indian Railways has decided to install at least 100-ft tall tricolours on the premises of 75 of the busiest stations in the country, including seven in Mumbai, by the end of this year.

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From Ayodhya to Colombo: A look at Indian Railways’ Shri Ramayana Express

From Ayodhya to Colombo: A look at Indian Railways’ Shri Ramayana Express

The 'Shri Ramayana Express', which can carry 800 passengers, started its service from November 14. The train was flagged off from Safdarjung railway station in New Delhi.

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