GOOD EVENING INDIA

May 20, 2019, Monday

Your Evening News Updates From Across The Media Space

Power Grid Corporation Of India Ltd. - Declared As Successful Bidder Under TBCB

Power Grid Corporation Of India Ltd. - Declared As Successful Bidder Under TBCB

In terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, it is informed that Power Grid Corporation of India Limited has been declared as the successful bidder under Tariff based

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Solar Goals Stymied in India as Investors Shun Chance to Build

Solar Goals Stymied in India as Investors Shun Chance to Build

India’s effort to spur its own solar power equipment industry seems to be failing, with only one company so far bidding for the nation’s tender to set up a factory.

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After Soaring High in October, Spot Power Price Dips to ₹3.59/kWh in November 2018

After Soaring High in October, Spot Power Price Dips to ₹3.59/kWh in November 2018

In the month of November 2018, the spot power price declined to ₹3.59 ($0.05)/kWh after soaring high in the past few months. The price of ₹3.59 ($0.05)/kWh is 1 percent higher than the spot power price of ₹3.55 (~$0.05)/kWh that was recorded in the same month last year.

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Power regulator may tilt towards three-part structure for new multi-year tariffs

Power regulator may tilt towards three-part structure for new multi-year tariffs

The Central Electricity Regulatory Commission (CERC) is seriously considering opting for a three-part structure as against the current one of two while fixing the multi-year tariffs for 2019-24, according to sources familiar with the development.

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How JSPL turnaround its fortunes and emerged stronger with its Angul plant in Odisha

How JSPL turnaround its fortunes and emerged stronger with its Angul plant in Odisha

Every organization can get some inspiration from Jindal Steel & Power Limited (JSPL), which despite several setbacks emerged stronger and turned its Odisha’s Angul plant into a success.

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Now, Centre asks PFC to acquire its 58% stake in REC for Rs 14,000cr: Report

Now, Centre asks PFC to acquire its 58% stake in REC for Rs 14,000cr: Report

In a surprise reversal from its earlier stance, the government now wants Power Finance Corporation (PFC) to acquire REC (erstwhile Rural Electrification Corporation) for Rs 14,000 crore, reports The Economic Times. Earlier, the government wanted REC to take over PFC.

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NTPC gains 1% as company wins 85 MW solar projects

NTPC gains 1% as company wins 85 MW solar projects

Shares of NTPC gained 1.2 percent intraday Wednesday after company won 85 MW solar capacities in Uttar Pradesh (UP).

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Toxic air: Delhi air quality continues to remain ‘very poor’

Toxic air: Delhi air quality continues to remain ‘very poor’

It was a misty morning in the national capital on Wednesday that again witnessed ‘very poor’ air quality with minimum temperature recorded at 8.4 degrees Celsius, a notch below the season’s average, the Met said.

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Venezuela starts clearing ONGC Videsh Ltd's $449 million dues

Venezuela starts clearing ONGC Videsh Ltd's $449 million dues

Venezuela's state oil firm PDVSA has paid ONGC Videsh Ltd USD 32 million from crude oil it sold to Reliance IndustriesNSE 0.25 %, as the first step towards clearing nearly half a billion dollars of dues it owes to the state-owned firm.

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Petroleum Minister invites investors to Odisha

Petroleum Minister invites investors to Odisha

Union Petroleum Minister Dharmendra Pradhan on Wednesday requested investors to explore opportunities to enhance investments in Odisha. He urged the investors to explore opportunities for investments in Paradip and Dhamra.

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As OPEC meets on December 6, here's how oil prices moved post meetings

As OPEC meets on December 6, here's how oil prices moved post meetings

The 175th meeting of Organization of the Petroleum Exporting Countries (OPEC) is set to kick off on December 6, 2018 in Vienna, Austria.

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Amid volatile oil prices, drilling companies look to just breaking even

Amid volatile oil prices, drilling companies look to just breaking even

Domestic drilling companies continue to grapple with low rig rates and poor offtake of contracts post global oil prices downturn in 2014-15. Though oil prices have recovered from their lows of $35 a barrel in 2015 to about $62 now

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On an oil ship off Angola, life is work and privacy is a luxury

On an oil ship off Angola, life is work and privacy is a luxury

Moored in the endless South Atlantic Ocean far off the coast of Angola, the "Kaombo Norte" oil-extraction vessel is a deeply impressive sight — 330 metres (1083 feet) long, with a tower 110 metres high sending a burning flame into the sky.

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Niti Aayog-led panel mulls free-market pricing for all local natural gas

Niti Aayog-led panel mulls free-market pricing for all local natural gas

A panel led by the Niti Aayog vice chairman is actively considering free-market pricing for natural gas produced from all fields, a major market-friendly reform that oil companies say is necessary to boost domestic output.

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Bogibeel bridge: PM Modi to inaugurate India’s longest rail-road bridge on Dec 25; watch breathtaking video

Bogibeel bridge: PM Modi to inaugurate India’s longest rail-road bridge on Dec 25; watch breathtaking video

Bogibeel bridge, India’s longest rail-cum-road bridge, will be gifted to the nation by Prime Minister Narendra Modi on December 25! The Bogibeel bridge connects the north and south banks of the Brahmaputra river.

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Delhi Metro Blue Line services briefly affected due to snag on Karol Bagh-Dwarka section

Delhi Metro Blue Line services briefly affected due to snag on Karol Bagh-Dwarka section

Train services were briefly affected on the Delhi Metro’s Blue Line Wednesday due to signalling issues on the Karol Bagh-Dwarka section, officials said. The Blue Line connects Dwarka to Noida/Vaishali.

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After Chennai And Delhi, Bengaluru Metro To Install Platform Screen Doors At New Underground Stations

After Chennai And Delhi, Bengaluru Metro To Install Platform Screen Doors At New Underground Stations

The upcoming underground metro stations in Bengaluru might soon get Platform Screen Doors (PSDs), as reported by Times Of India (TOI).

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Safety For Women: Reservation To Be Extended To AC 3-Tier Coaches Of Premium Trains Like Rajdhani, Duronto

Safety For Women: Reservation To Be Extended To AC 3-Tier Coaches Of Premium Trains Like Rajdhani, Duronto

The Ministry of Railways has approved a proposal to earmark certain seats for female passengers in the coaches of Indian Railways. This is expected to promote women safety during train journeys.

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L&T Construction bags orders worth Rs 2,106 crore

L&T Construction bags orders worth Rs 2,106 crore

Larsen & Toubro (L&T) Wednesday said its construction arm has bagged orders worth Rs 2,106 crore across various business segments in the domestic market. The water and effluent treatment business have secured orders worth Rs

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New train reservation rules: These many seats will now be reserved for women

New train reservation rules: These many seats will now be reserved for women

Railways has decided to reserve for women six berths in AC 3-tier of Rajdhani, Duronto and all fully air-conditioned trains, according to a circular issued by the Railway Board. This quota is in addition to a combined quota of four lower

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Railways struggle to extend lines in mountainous Northeast

Railways struggle to extend lines in mountainous Northeast

Indian Railways, besides incurring additional costs, has had to confront unique challenges in laying tracks in the mountainous northeastern region due to its topography, soil and natural challenges, a top official has said.

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