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March 25, 2019, Monday

Your Evening News Updates From Across The Media Space

Power Generators Can Terminate PPA if DISCOM Defaults on Payment: Committee Proposal

Power Generators Can Terminate PPA if DISCOM Defaults on Payment: Committee Proposal

The Government of India constituted a High Level Empowered Committee (HLEC) on July 29, 2018 chaired by the Cabinet Secretary to address the issues of stressed thermal

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JSW Steel plans to ramp up manufacturing capacity

JSW Steel plans to ramp up manufacturing capacity

JSW Steel on Thursday said it has plans to increase its manufacturing capacity to 44-45 million tonnes per annum by 2030 from the present 19 million tonnes. "We have plans for our Vijayanagar Works unit, where already

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Greenhouse gas levels in atmosphere hit new high: UN

Greenhouse gas levels in atmosphere hit new high: UN

The levels of greenhouse gases in the atmosphere, the main driver of climate change, have hit a new record high, the UN said Thursday, warning that the time to act was running out.

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Assam: US Firm To Manufacture Quantum Dot Driven Solar Cells In Association With State PSU AMTRON

Assam: US Firm To Manufacture Quantum Dot Driven Solar Cells In Association With State PSU AMTRON

United States based firm Quantum Materials Corporation (QMC) has signed an agreement with Amtronics CC for development and commercial manufacture of ultra-high definition display panels (UHDTV)

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In addition to making energy, what if solar panels could save energy? | A study by Stanford University

In addition to making energy, what if solar panels could save energy? | A study by Stanford University

Stanford electrical engineer Shanhui Fan wants to revolutionize energy-producing rooftop arrays. Today, such arrays do one thing - they turn sunlight into electricity. But Fan's lab has built a device that could have a dual purpose - generating electricity and cooling buildings.

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Tamil Nadu Gets Final Approval to Changes in RfS to Issue 3 GW of Solar and Wind Tenders

Tamil Nadu Gets Final Approval to Changes in RfS to Issue 3 GW of Solar and Wind Tenders

In a move that could enhance the financial viability of Tamil Nadu Generation and Distribution Corporation (TANGEDCO), the Tamil Nadu Electricity Regulatory Commission (TNERC) has accepted the request

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JSW Steel implements TQM at Vijayanagar Works unit

JSW Steel implements TQM at Vijayanagar Works unit

JSW Steel has implemented Total Quality Management (TQM) at its Vijayanagar Works steel-making unit as part of its journey towards quality excellence. TQM implementation has enabled JSW Steel

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Environment Ministry Mandates Health Assessment for Thermal Power Plant Clearance

Environment Ministry Mandates Health Assessment for Thermal Power Plant Clearance

The environment ministry has issued a wide range of directions for safeguarding the health of those who live near or work at a thermal power plant. Through an official notification on November 19, the ministry made it mandatory for all new thermal power plants

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Suraksha ARC gets wind energy co hit by insolvency

Suraksha ARC gets wind energy co hit by insolvency

Lenders have recommended Suraksha Asset Reconstruction Company-led consortium's plan to acquire a 76% stake in insolvency-hit Wind World India, a renewable energy equipment maker, in a Rs 1,100 crore deal.

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Indian Oil Corp says to buy 180,000 bpd Iranian oil in 2018/19

Indian Oil Corp says to buy 180,000 bpd Iranian oil in 2018/19

India’s biggest state-owned crude oil refiner Indian Oil Corp Ltd aims to lift full volumes under its 2018/19 annual contract with Iran, a company official said on Thursday. The company has a deal to buy 180,000 barrels per day (bpd)Iranian oil this fiscal year.

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In just 2 months, Brent crude oil price crashes from almost $90 to $61 a barrel; will it fall further?

In just 2 months, Brent crude oil price crashes from almost $90 to $61 a barrel; will it fall further?

After visiting a four-year high of almost $87 a barrel, the Asian benchmark Brent oil has fallen sharply, retreating about 28% to $61.71 a barrel this week. The outlook of oil has turned negative amid rising production and concerns over

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Crude oil production 8 07 pc lower in Oct

Crude oil production 8 07 pc lower in Oct

Crude oil production in the month of October has fallen as it was produced 8. 07 per cent lower of the target set up by the government, a statement from Ministry of Petroleum & Natural Gas said here on Thursday.

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ONGC ordered to pay Rs 242 cr to Mumbai Port Trust

ONGC ordered to pay Rs 242 cr to Mumbai Port Trust

Oil and Natural Gas Corporation (ONGC) has been ordered to pay about Rs 242 crore to the Mumbai Port Trust (MbPT) as wharfage compensation for the transportation of crude oil through the two pipelines the company had laid within the limits of the state-run port.

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IOC, BPCL, ONGC offer significant upside as oil prices off 25% from highs: JP Morgan

IOC, BPCL, ONGC offer significant upside as oil prices off 25% from highs: JP Morgan

Fuel retailers such as Bharat Petroleum Corporation, Hindustan Petroleum Corporation and Indian Oil Corporation recouped some of August-September's losses in October-November after sharp fall in crude oil prices.

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GAIL (India) to serve as feeder source for natural gas supply to proposed city gas projects

GAIL (India) to serve as feeder source for natural gas supply to proposed city gas projects

At Deoghar, Sheikhpura and Jamui districts GAIL (India) announced that the company's Jagadishpur Haldia - Bokaro Dhamra pipeline project, also popular as 'Pradhan Mantri Urja Ganga'

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Air pollution: NGT orders inspection around Panipat refinery

Air pollution: NGT orders inspection around Panipat refinery

The National Green Tribunal has taken note of a plea alleging air pollution by the Indian Oil Corporation Limited's Panipat Refinery in Haryana and formed a committee to look into the issue.

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Indraprastha Gas gains after bulk deal

Indraprastha Gas gains after bulk deal

Indraprastha Gas rose 1.04% to Rs 268.10 at 10:45 IST on BSE after a bulk deal of 10 lakh shares was executed on the scrip at Rs 265.15 per share at 09:28 IST on BSE. Meanwhile, the S&P BSE Sensex was up 62.04 points, or 0.18% to 35,261.84 Bulk deal

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Petrol price cut by 41 paise today, diesel by 30 paise. Check rates here

Petrol price cut by 41 paise today, diesel by 30 paise. Check rates here

Tracking a fall in international crude oil rates, petrol and diesel prices were cut down by 41 paise and 30 paise per litre, respectively, today. As crude struggle to come out of a bearish market, state-run oil retailers have not increased fuel

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Highway programme, Bharatmala, derailed due to high cost, tardy procedures

Highway programme, Bharatmala, derailed due to high cost, tardy procedures

Modi government’s flagship highways project, Bharatmala, is facing numerous roadblocks, including fund crunch, slow land acquisition and delay in preparing detailed project reports (DPRs) leaving the Centre red faced.

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EXCLUSIVE: Train 18 to have Tejas Express like fare structure; start public operation by December end

EXCLUSIVE: Train 18 to have Tejas Express like fare structure; start public operation by December end

Indian Railways state-of-the-art Train 18 is currently undergoing trials. Sources said that the Railway Ministry has set an internal target to start much-awaited T-18 for Public by 15th December.

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NHAI files papers with Sebi to raise Rs 10,000 cr via bonds

NHAI files papers with Sebi to raise Rs 10,000 cr via bonds

The National Highways Authority of India (NHAI) has filed draft papers with markets regulator Sebi to raise up to Rs 10,000 crore through bonds to finance its various projects.

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Track renewal takes priority! Indian Railways to float new Rs 2700 crore global tender for 4.5 lakh MT rails

Track renewal takes priority! Indian Railways to float new Rs 2700 crore global tender for 4.5 lakh MT rails

After an earlier bid failed to take off, Indian Railways will now float a fresh global tender for the supply of 4.5 metric ton of rails which is valued at around Rs 2,700 crore.

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Mumbai Metro To Get Three New Routes: MMRDA Clears Rs 17,347 Crore To Develop Line 10, 11, 12

Mumbai Metro To Get Three New Routes: MMRDA Clears Rs 17,347 Crore To Develop Line 10, 11, 12

Mumbai Metropolitan Region Development Authority’s (MMRDA) has cleared funds worth Rs 17,347 crore for three new metro lines. Palghar district also comes under MMRDA’s jurisdiction as decided in the board meeting

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IL&FS Transportation Networks delays Q2 results citing group co's NCLT proceedings

IL&FS Transportation Networks delays Q2 results citing group co's NCLT proceedings

IL&FS Transportation Networks, part of the troubled IL&FS group, Thursday cited NCLT insolvency proceeding as the reason for delay in filing September quarter financial results with the stock exchanges and said it will declare quarterly numbers at the earliest.

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Metro Phase IV: Delhi govt seeks fresh DMRC board approval for revised plan

Metro Phase IV: Delhi govt seeks fresh DMRC board approval for revised plan

The long-awaited Cabinet clearance to Delhi Metro’s phase IV has been pushed back further with the Delhi government asking the Delhi Metro Rail Corporation (DMRC) to get the proposal cleared by its board afresh, owing to changes in fund distribution of the project.

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Train 18, India’s first engine-less 160 kmph train, may run on Varanasi route; trials to end by mid-December

Train 18, India’s first engine-less 160 kmph train, may run on Varanasi route; trials to end by mid-December

Train 18, Indian Railways’ first self-propelled 160 kmph capable train that was made to replace Shatabdi Express trains, may run on the Varanasi route! Two sources in the know-how of the matter told Financial Express

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For hauling Palace on Wheels, 70-year locomotive back on tracks: In Pics

For hauling Palace on Wheels, 70-year locomotive back on tracks: In Pics

The pride of the steam loco fleet, the bullet-nosed WP locomotives were the mainstay of broad gauge passenger train operations of the Indian Railways for a long time till 1995 when they were finally retired.

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GMR Infrastructure rises 2% after KGPL signs agreement for port development

GMR Infrastructure rises 2% after KGPL signs agreement for port development

Shares of GMR Infrastructure rose 2.1 percent in early trade after Kakinada Gateway Port (KGPL), a part of GMR, signed a concession agreement with the Andhra Pradesh government to develop a green-field commercial port.

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