GOOD EVENING INDIA

January 23, 2019, Wednesday

Your Evening News Updates From Across The Media Space

Empowered Committee suggests pit-stop measures for stressed power units

Empowered Committee suggests pit-stop measures for stressed power units

The High-Level Empowered Committee (HLEC) set up under the chairmanship of the Cabinet Secretary to provide long-term solutions for stressed assets in the power sector has suggested pit-stop measures to address immediate issues.

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Enhancing energy trading in South Asia

Enhancing energy trading in South Asia

South Asia is home to more than 1.6 billion people. It is the world’s fastest growing region, with the highest growth rates in the consumption of commercial energy. Demand for electricity in South Asia, particularly in Bangladesh,

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Karnataka’s Days in the Sun: The Paradox of Expanding Solar Parks

Karnataka’s Days in the Sun: The Paradox of Expanding Solar Parks

When the solar panels quietly began to generate power in December last year, 38-year-old Mallika Arjun finally heard wedding bells. A farmer neck-deep in debt, he had been unable to find a family to accept him as a groom for their daughter.

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Narendra Modi’s government has transformed energy use in rural India

Narendra Modi’s government has transformed energy use in rural India

India’s villages are racing towards universal electricity access and clean cooking. But the challenge is to keep costs low. A survey of over 9,000 rural households by the Council on Energy, Environment and Water (CEEW

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Adani and Softbank bid into undersubscribed Indian hybrid solar and wind auction

Adani and Softbank bid into undersubscribed Indian hybrid solar and wind auction

Solar Energy Corporation of India's 1.2GW hybrid solar and wind auction, the first in the country, drew bids from heavyweight players Adani and Softbank, but was still undersubscribed by 150MW.

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NTPC eyeing distressed power plants of RattanIndia, Jaiprakash: Report

NTPC eyeing distressed power plants of RattanIndia, Jaiprakash: Report

India's largest electricity producer NTPC is eyeing distressed power plants run by RattanIndia Power and Jaiprakash Power Ventures, reports Bloomberg.

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Waste-to-energy plant likely to start on January 1

Waste-to-energy plant likely to start on January 1

The firm assigned to set up the waste-to-energyproject at Kasba Bawada on Tuesday assured the civic administration that it would begin processing of 200 tonne of waste per day from January 1.

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New oil price plunge sends ripples through global economy

New oil price plunge sends ripples through global economy

Sharply lower oil prices are sending ripples through the global economy, lending more spending power to consumers shopping for Christmas gifts and making fuel cheaper for people in poorer countries.

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Modi to launch city gas projects to cover India's 50% population

Modi to launch city gas projects to cover India's 50% population

Prime Minister Narendra Modi will lay the foundation stone here on Thursday for city gas distribution (CGD) projects across 129 districts which won under the ninth CGD bidding round held recently, the Petroleum Ministry said.

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ONGC gas production at all-time high of 70 mmscmd

ONGC gas production at all-time high of 70 mmscmd

State-owned Oil and Natural Gas Corp's (ONGC) natural gas production has hit an all-time high of about 70 million standard cubic meters per day as it doubles up efforts to raise domestic output to curb imports, sources privy to the development said.

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Crude oil rates down 30% since October; petrol, diesel prices decline 10%

Crude oil rates down 30% since October; petrol, diesel prices decline 10%

A day after crude oil prices fell by more than 6%, petrol and diesel prices were kept unchanged in India today. Since early October, fuel prices have fallen by less than 10% while crude oil rates are down by about 30% internationally during this period.

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Adani Gas locked in 20% upper circuit on PNGRB nod to expand footprint in 13 new geographical areas

Adani Gas locked in 20% upper circuit on PNGRB nod to expand footprint in 13 new geographical areas

Adani Gas was locked in 20 percent upper circuit at Rs 97.80 on Wednesday after the company expanded its pan-India presence by bagging 13 city gas distribution (CGD) projects.

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US Oil Prices Tumble To Their Lowest In Over A Year As Trump Defends ‘Steadfast Ally’ Saudi Arabia

US Oil Prices Tumble To Their Lowest In Over A Year As Trump Defends ‘Steadfast Ally’ Saudi Arabia

US oil prices dipped to their lowest level in more than a year after US President Trump strongly defended the country's ties with the Saudi Arabian government, The Wall Street Journal reported.

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India to be biggest beneficiary of falling oil prices; dollar likely to peak out soon, say experts

India to be biggest beneficiary of falling oil prices; dollar likely to peak out soon, say experts

Indian will be the biggest beneficiary of declining oil prices, according to market experts Adrian Mowat and Paul Kitney. Oil prices tumbled around 7 percent on Tuesday in heavy trading volume, with US crude diving to its lowest level in more than a year.

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LPG’s Cheaper Alternative Now In Himachal: Una, Hamirpur, Bilaspur To Be Part Of Centre’s Gas Pipeline Network

LPG’s Cheaper Alternative Now In Himachal: Una, Hamirpur, Bilaspur To Be Part Of Centre’s Gas Pipeline Network

Three major cities of Himachal have been included in the list of the 65 cities where gas distribution network will be laid by the union government under the piped natural gas distribution programme, The Tribune has reported.

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NHAI may raise Rs 10,000 crore through retail bonds, likely to offer 8.5-8.9% interest

NHAI may raise Rs 10,000 crore through retail bonds, likely to offer 8.5-8.9% interest

The National Highway Authority of India (NHAI) is likely to launch its maiden public issue of taxable bonds for retail investors in the next two weeks. Interest rates on the bond may vary between 8.50-9 per cent depending on its tenor,

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Expanding India’s Inland Waterways Projects: Shipping Ministry Seeks 25 Per Cent Increase In Budget

Expanding India’s Inland Waterways Projects: Shipping Ministry Seeks 25 Per Cent Increase In Budget

The Union Shipping Ministry, headed by Nitin Gadkari, has asked for a 25 per cent increase in allocation in the upcoming Budget 2019-20, Business Standard has reported. Finance Minister, Arun Jaitle

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Delhi-Mumbai Rajdhani Express to be faster! Indian Railways cuts travel time by over an hour; know more

Delhi-Mumbai Rajdhani Express to be faster! Indian Railways cuts travel time by over an hour; know more

Your journey on the Delhi-Mumbai Rajdhani Express will soon get shorter! The Western Railway zone of Indian Railways is planning to implement the ‘push and pull’ method in order to boost the speed of the Delhi-Mumbai

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Train 18 trial to be completed in 2 months

Train 18 trial to be completed in 2 months

The indigenously-built Train 18 will complete its trial run in two months, sources from the ICF revealed. On 18 November, the train completed its first trial run between Moradabad-Rampur section of the Northern Indian Railways.

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Changing ‘Realty’ In Bengaluru: With Upcoming Metro Link, Hosur Road Now Hot Property

Changing ‘Realty’ In Bengaluru: With Upcoming Metro Link, Hosur Road Now Hot Property

Better infrastructure has revitalised residential areas in South Bengaluru and increased interest while the proximity to the airport has helped some areas in the northern part of the city gain prominence, Times of India has report

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Don’t rub your eyes! Africa’s Morocco has got a bullet train even before India

Don’t rub your eyes! Africa’s Morocco has got a bullet train even before India

Even as India waits for its first bullet train, interestingly Africa’s Morocco has already got a high-speed train!

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Railways to erect walls along 3,300 km of tracks by December 2019 to check encroachment, trespassing

Railways to erect walls along 3,300 km of tracks by December 2019 to check encroachment, trespassing

The Railways has set a target of erecting 3,300 km of walls by December 2019 to fence off its tracks along the golden quadrilateral and its diagonals in a bid to check encroachment and trespassing, a senior official said on Tuesday.

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