GOOD EVENING INDIA

January 23, 2019, Wednesday

Your Evening News Updates From Across The Media Space

Improved monsoon winds help Indian power producers

Improved monsoon winds help Indian power producers

Wind speeds in India during the 2018 monsoon season were significantly higher than normal, and up to 20 percent higher than long-term averages in some regions, according to wind performance maps Vaisala published on Thursday (15th November).

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India Power Corporation standalone net profit declines 3.74% in the September 2018 quarter

India Power Corporation standalone net profit declines 3.74% in the September 2018 quarter

Net profit of India Power Corporation declined 3.74% to Rs 3.35 crore in the quarter ended September 2018 as against Rs 3.48 crore during the previous quarter ended September 2017. Sales rose 35.72% to Rs 134.23 crore

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NGT slaps Rs1 lakh fine on Delhi pollution body for filing report without ‘verification’

NGT slaps Rs1 lakh fine on Delhi pollution body for filing report without ‘verification’

The National Green Tribunal (NGT) has imposed a penalty of Rs1 lakh on the Delhi Pollution Control Committee (DPCC) for submitting a report on burning of tyres and illegal workshops in east Delhi’s Shahdara without “verification”.

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GAIL, GETCO move NCLT seeking rejection of ArcelorMittal bid for Essar steel

GAIL, GETCO move NCLT seeking rejection of ArcelorMittal bid for Essar steel

State-run gas utility GAIL (India) and Gujarat Energy Transmission Corp (GETCO) have moved the National Company Law Tribunal (NCLT) seeking rejection of ArcelorMittal's Rs 42,000-crore takeover plan for Essar Steel,

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ArcelorMittal may have to shell out more as Essar Steel operational creditors approach NCLT

ArcelorMittal may have to shell out more as Essar Steel operational creditors approach NCLT

After GAIL (India) and Gujarat Energy Transmission Corporation (GETCO) last week approached the National Company Law Tribunal (NCLT) to recover their dues from Essar Steel, more operational creditors are expected to follow suit this week.

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Five independent directors reappointed to CIL board

Five independent directors reappointed to CIL board

State-owned Coal India (CIL) Monday announced the reappointment of five independent directors - Loretta M Vas, Vinod Jain, DC Panigrahi, Khanindra Pathak, SB Agnihotri - to its board.

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Govt puts solar power on fast track; asks state-run firm to float 4,000 MW tenders in 4 months

Govt puts solar power on fast track; asks state-run firm to float 4,000 MW tenders in 4 months

The government has put its ambitious solar power capacity addition plan on a fast track, asking the state-run Solar Energy Corporation of India (SECI) to bring tenders to install 4,000 megawatt (MW) solar power capacity in four months to February 2019.

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PFC-REC merger: Power ministry worried, cites operational & administrative issues

PFC-REC merger: Power ministry worried, cites operational & administrative issues

The Finance Ministry's proposal to raise Rs 14,000 crore through the merger of Power Finance Corporation (PFC) and Rural Electrification Corporation (REP) has left the Ministry of Power worried about the financial health

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RE100 Member Companies to Source 100% Electricity from Renewables By 2026: Report

RE100 Member Companies to Source 100% Electricity from Renewables By 2026: Report

According to a new report published by RE100, its member companies sourced 72 TWh of renewable power in 2017, an increase of 41 percent compared with the preceding year.

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Rs 3400cr to be invested in Odisha for city gas distribution project

Rs 3400cr to be invested in Odisha for city gas distribution project

Three companies- Gas Authority of India Limited (GAIL), Bharat Gas Resources and Adani Gas Limited- will invest around Rs 3400 crore in 17 districts of the state to provide piped natural gas to households,

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India to keep trade ties with Iran under sanctions

India to keep trade ties with Iran under sanctions

Economic and strategic partners India and Iran are exploring ways to continue their relationship in light of renewed sanctions by the Trump administration earlier this month.

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Beware! Low oil prices foretell a sooner-than-expected global slowdown

Beware! Low oil prices foretell a sooner-than-expected global slowdown

Indian policymakers are breathing a sigh of relief. Contrary to expectations earlier this year, when oil prices were forecast to touch $100 per barrel, crude rates have fallen 25 percent (since early October) to around $65 now.

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India's IOC inches closer to start producing IMO-compliant fuel oil

India's IOC inches closer to start producing IMO-compliant fuel oil

State-owned Indian Oil Corp will start producing 0.5% sulfur compliant fuel oil in September 2019, months ahead of the International Maritime Organization's global sulfur limit rule for marine fuels

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Oil prices climb as OPEC output curb plan overshadows US production

Oil prices climb as OPEC output curb plan overshadows US production

Oil prices shot back up following six weeks of losses as speculation of OPEC weighing bigger output cuts overshadowed signs of expanding American crude production. Futures in New York rose as much as 1.5% after a 6.2% slump last week.

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Mukesh Ambani plans to expand RIL Jamnagar complex to make world’s largest refinery even bigger

Mukesh Ambani plans to expand RIL Jamnagar complex to make world’s largest refinery even bigger

Billionaire Mukesh Ambani-owned Reliance Industries Ltd. is considering a plan to boost its oil-refining capacity by about half, people with knowledge of the matter said.

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Oil prices climb amid expected OPEC cut, but markets remain wary

Oil prices climb amid expected OPEC cut, but markets remain wary

Oil prices rose around 1 percent on Monday as traders expected top exporter Saudi Arabia to push producer club OPEC to cut supply towards year-end. Despite that, market sentiment remains weak on signs

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Prices of petrol, diesel witness further dip on Monday: Check latest rates

Prices of petrol, diesel witness further dip on Monday: Check latest rates

Fuel prices once again witnessed a decline on Monday in New Delhi and Mumbai. In New Delhi, petrol is being sold at Rs 76.52 per litre after a decrease of 19 paise, and diesel at Rs 71.39 per litre after a decrease of 17 paise.

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Delhi Metro Violet Line: PM Modi flags off new Escorts Mujesar-Ballabhgarh section; check route, stations

Delhi Metro Violet Line: PM Modi flags off new Escorts Mujesar-Ballabhgarh section; check route, stations

Prime Minister Narendra Modi has today flagged off the Escorts Mujesar-Raja Nahar Singh (Ballabhgarh) section of Delhi Metro’s Violet Line.

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3,000-km of walls! Indian Railways’ new plan to fence tracks for safety; train speeds to go up to 160 kmph

3,000-km of walls! Indian Railways’ new plan to fence tracks for safety; train speeds to go up to 160 kmph

Days after the Amritsar mishap, Indian Railways has decided to fence its tracks and ward off trespassers in residential areas by building 3,000 km of walls. According to an IE report, the national transporter has estimated that the project will cost around Rs 2,500 crore.

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Tejas Express becomes fastest on Mumbai-Goa route! Luxury Indian Railways train takes less time than Shatabdi

Tejas Express becomes fastest on Mumbai-Goa route! Luxury Indian Railways train takes less time than Shatabdi

Weekend getaways from Mumbai just got easier! The Mumbai-Goa Tejas Express, the premium luxury chair car that was introduced by Indian Railways in 2017, will now take 30 minutes less to complete its journey!

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Mahakumbh mela: Railways allows passengers to book unreserved tickets for mela 15 days in advance

Mahakumbh mela: Railways allows passengers to book unreserved tickets for mela 15 days in advance

To clear the rush of passengers travelling to Allahabad during the period of Mahakumbh next year, railways have decided to extend the window for buying unreserved tickets to 15 days from the current three days

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Western Peripheral Expressway: PM Modi to inaugurate ring-road project! 10 facts about the big boon for Delhi

Western Peripheral Expressway: PM Modi to inaugurate ring-road project! 10 facts about the big boon for Delhi

Western Peripheral Expressway: To divert heavy polluting vehicles from Delhi, Prime Minister Narendra Modi is all set to inaugurate the much-delayed Kundli-Manesar-Palwal Expressway in Haryana’s Gurgaon district today.

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IRCTC scam: Lalu to appear before Delhi court through video conferencing on Dec 20

IRCTC scam: Lalu to appear before Delhi court through video conferencing on Dec 20

The Delhi Patiala house court on Wednesday adjourned the CBI case against RJD chief Lalu Prasad Yadav in IRCTC scam for December 20. Lalu Yadav will appear again on December 20 through video conferencing.

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Hyderabad: Metro sidewalks to have ramps for senior citizens

Hyderabad: Metro sidewalks to have ramps for senior citizens

After creating public spaces and adorning them with street furniture and sidewalks at Metro stations, the Hyderabad Metro Rail Limited(HMRL) authorities are now planning to construct ramps at the end of all sidewalks

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KMP Expressway: From Reducing Delhi Pollution to Helipad Nearby, Here Are 10 Interesting Facts

KMP Expressway: From Reducing Delhi Pollution to Helipad Nearby, Here Are 10 Interesting Facts

The much-awaited Kundali-Manesar-Palwal (KMP) expressway or Western Peripheral Expressway (WPE) will be thrown open by Prime Minister Narendra Modi in a few hours from now.

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NBFCs need funds - not just for high-street projects, but also roadside vendors

NBFCs need funds - not just for high-street projects, but also roadside vendors

Time was when the Reserve Bank of India (RBI) board meetings were tucked away somewhere in an inside page of newspapers. It was mostly reported as a matter of record, with no major significance attached to the meeting’s content,

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Namma Metro-Mitra: Family Donates Property Worth Rs 3 Crore To BMRCL For R.V. Road-Bommanhali Stretch

Namma Metro-Mitra: Family Donates Property Worth Rs 3 Crore To BMRCL For R.V. Road-Bommanhali Stretch

In a generous gesture, a family in Bangalore has donated a prime property on Hosur Main Road towards one of the metro lines of the Bangalore Metro Rail Corporation Limited (BMRCL), reports the New Indian Express.

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