GOOD EVENING INDIA

March 21, 2019, Thursday

Your Evening News Updates From Across The Media Space

India's energy sector at crossroads

India's energy sector at crossroads

It is my belief that the energy sector in India is truly at a crossroads. Some of the challenges, including on commodity prices, have global dimensions. Others though are uniquely Indian. Addressing the challenges could help leapfrog the

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Solar rooftop surges but Indian households not adopting it yet; here’s why

Solar rooftop surges but Indian households not adopting it yet; here’s why

Solar rooftop installations in India continue to set a scorching pace, growing at 75% on-year in the year ended 30 September 2018, but Indian households do not yet seem to be sold on the idea of this cheap and effective renewable

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Coal on its way out as rising costs make production unviable; renewable energy sources much better, cheaper option

Coal on its way out as rising costs make production unviable; renewable energy sources much better, cheaper option

Earlier this month, fishermen in North Chennai sighed in collective relief after the Madras High Court ruled in their favour — even if temporarily — by stopping the Vallur Thermal Power Plant from building yet another fly ash

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Volumes soar at Kalpataru Power Transmission Ltd counter

Volumes soar at Kalpataru Power Transmission Ltd counter

Kalpataru Power Transmission Ltd recorded volume of 2.72 lakh shares by 14:14 IST on NSE, a 8.14 times surge over two-week average daily volume of 33402 shares

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Bank lending to NBFCs grows 55% in a year, amidst all the drama

Bank lending to NBFCs grows 55% in a year, amidst all the drama

In today’s chart, let’s take a quick look at the allegations that banks aren’t giving money to NBFCs. Remember October? When NBFCs were falling like nine pins because of lack of liquidity? Well, they seem to have got their liquidity from banks.

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Steelmaker JSW emerges as lone star among India metal stocks

Steelmaker JSW emerges as lone star among India metal stocks

Metal stocks in India are feeling unloved by investors, with one exception: the country’s top steelmaker JSW Steel Ltd. While demand for metals has been accelerating as the South Asian nation plans major investments to overhaul its

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Green Climate Fund signs $100 million pact for India’s rooftop solar

Green Climate Fund signs $100 million pact for India’s rooftop solar

The $250 million rooftop solar project, to be executed by Tata Cleantech Capital, will receive GCF support through NABARD. The agreement between GCF and NABARD was recently signed at an event held on the sidelines

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India's coal imports rose 10% to 156 MT during April-November: Report

India's coal imports rose 10% to 156 MT during April-November: Report

India's coal imports rose 9.7 percent to 156.08 million tonne (MT) in the April-November period of the ongoing fiscal, as against 142.25 MT in the year-ago period, according to a report by mjunction services.

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Power crisis looming, coal-based plants key to avert it, say experts

Power crisis looming, coal-based plants key to avert it, say experts

A power crisis is looming large on India and the country needs to immediately start planning coal-based power plants and transmission corridors to avert it, experts have cautioned. This is in stark contrast to statistics of the country’s

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Goa mining: Several leaders to support GMPF's Delhi protest

Goa mining: Several leaders to support GMPF's Delhi protest

Several ministers and politicians from Goa are expected to visit New Delhi to offer support to mining dependents who are scheduled to begin a three-day protest on December 11 to press for the resumption of mining in the state.

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‘Saubhagya’ For Villages, ‘Durbhagya’ For DISCOMs: UP Still Faces 34 Lakh Illegal Electricity Connections

‘Saubhagya’ For Villages, ‘Durbhagya’ For DISCOMs: UP Still Faces 34 Lakh Illegal Electricity Connections

Even as the deadline for Saubhagya Yojana approaches, Uttar Pradesh has 3.4 million households with illegal electricity connections, Mint has reported. The report claims that the state’s power corporation will be regularising the illegal connections.

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Finance ministry to push through two more M&As among energy PSUs to meet selloff target

Finance ministry to push through two more M&As among energy PSUs to meet selloff target

The finance ministry is looking to push through at least two more M&A deals among the state-run companies in the energy sector after Power Finance Corporation’s acquisition of REC Ltd last week, as it makes a year-end dash to meet its disinvestment target.

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AP’s energy prog a model for others: Power min

AP’s energy prog a model for others: Power min

The Union ministry of power has advised all states in India to follow Andhra Pradesh model in implementing energy efficiency activities. The ministry, in a letter to the states, advised them to establish standalone state-designated agencies

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Brent oil rises after deal to cut supply, but 2019 outlook weakens

Brent oil rises after deal to cut supply, but 2019 outlook weakens

Brent crude oil futures rose on Monday after producer club OPEC and some non-affiliated suppliers last Friday agreed to a supply cut from January. Despite this, the price outlook for next year remains muted on the back of an economic slowdown.

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OPEC’s production cut: Should India worry?

OPEC’s production cut: Should India worry?

The Organisation of Petroleum Exporting Countries’ (OPEC) Vienna meeting finally concluded with an agreement over production cuts till April next year. The cartel and its partners have agreed to reduce production by close to 1.2

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India's Petronet looking for long-term deal to buy U.S. LNG

India's Petronet looking for long-term deal to buy U.S. LNG

Top Indian gas importer Petronet LNG is looking to sign a deal in a year’s time to buy at least 1 million tonnes of U.S. natural gas annually for a period of up to 10 years, as it pushes to diversify its supply sources beyond the Middle East.

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Petrol, diesel price down by Rs 10 in 45 days. Check today’s rates in top cities

Petrol, diesel price down by Rs 10 in 45 days. Check today’s rates in top cities

With the crude oil showing little hopes of coming out of a bearish market this month despite the producers’ cartel Organisation of the Petroleum Exporting Countries (OPEC) deciding in favour of a supply cut, petrol and diesel prices continue to tumble in India today.

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Oil prices extend gain on OPEC’s output pact and Libya’s field outage

Oil prices extend gain on OPEC’s output pact and Libya’s field outage

Oil in London extended its gains near $62 a barrel after OPEC and its allies agreed on production cuts and protesters forced the shutdown of Libya’s biggest crude field.

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Indian Railways confirmed ticket cancellation, waitlisted tatkal ticket cancellation charges and more, all explained here

Indian Railways confirmed ticket cancellation, waitlisted tatkal ticket cancellation charges and more, all explained here

IRCTC Ticket Cancellation Charges: Indian Railways is one of the world's largest public transporters. It runs over 12,600 trains every day carrying over 23 million passengers. Besides normal tickets, the railways offers Tatkal

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Delhi Metro Phase IV: Travel made easy for Delhiites! In 5 years, all remote areas to be linked; details here

Delhi Metro Phase IV: Travel made easy for Delhiites! In 5 years, all remote areas to be linked; details here

Delhi Metro Phase IV: In five years, reaching far-flung areas of the national capital to get easier! Once, the Delhi government and the Centre approve Phase IV project of Delhi Metro, it will take five years for the 104 km of tracks t

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Train-18 Gets A Little Sister: ICF Rolls Out Modern MEMU Train Equipped With New Features, For Inter-City Travel

Train-18 Gets A Little Sister: ICF Rolls Out Modern MEMU Train Equipped With New Features, For Inter-City Travel

After the successful rollout of Train 18, Integral Coach Factory (ICF) in Chennai as rolled out a new prototype for MEMU (Mainline Electrical Multiple Unit) trains, Financial Express has reported. This train will be used for inter-city travel.

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Jerk-free rides on all Shatabdi Express, Rajdhani Express from March 2019

Jerk-free rides on all Shatabdi Express, Rajdhani Express from March 2019

Moving ahead with technology, Indian Railways' fleet of Shatabdi Express and Rajdhani Express trains will offer a jerk-free journey to passengers from March 2019, railway officials said on Monday.

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Western Peripheral Expressway: Pay this amount from December 15 to use Kundli-Manesar-Palwal expressway

Western Peripheral Expressway: Pay this amount from December 15 to use Kundli-Manesar-Palwal expressway

Western Peripheral Expressway: From December 15, 2018, to drive on the newly inaugurated Kundli-Manesar-Palwal (KMP) expressway, commuters will have to pay a toll.

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BRO To Improve Leh-Manali Highway Road Infrastructure Along Borders For All Weather Connectivity

BRO To Improve Leh-Manali Highway Road Infrastructure Along Borders For All Weather Connectivity

In a bid to improve the road infrastructure in the border areas, the Border Road Organisation(BRO) is building many large and medium-sized bridges to improve road infrastructure on the strategically important Leh-Manali highway, reports The Times of India.

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IndiGrid launches roadshows to raise fresh capital up to ₹3,000 crore

IndiGrid launches roadshows to raise fresh capital up to ₹3,000 crore

India Grid Trust (IndiGrid), an infrastructure investment trust (InvIT) sponsored by Sterlite Power Grid Ventures Ltd, has started roadshows to raise ₹2,500-3,000 crore in fresh capital, said three people aware of the development.

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From tracks, Indian Railways now building walls too; here is why

From tracks, Indian Railways now building walls too; here is why

Boundary walls would be raised at accident-prone spots along rail tracks to stop people from crossing in those areas, Director General of Railway Police Force (RPF) Arun Kumar said here Sunday.

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Bullet train project: JICA team meets Gujarat farmers opposed to land acquisition

Bullet train project: JICA team meets Gujarat farmers opposed to land acquisition

A team of Japan International Cooperation Agency (JICA), which is funding the Mumbai-Ahmedabad bullet train

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