GOOD EVENING INDIA

May 22, 2019, Wednesday

Your Evening News Updates From Across The Media Space

ICRA maintains stable year end outlook for conventional power sector

ICRA maintains stable year end outlook for conventional power sector

ICRA has estimated a healthy 6% demand growth for the power sector during FY2019 and has maintained a stable outlook for the segment. This coupled with the slowdown in addition of new capacity and slow progress in resolution

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Bhopal: BHEL’s solar power project stalls after political rallies

Bhopal: BHEL’s solar power project stalls after political rallies

Political rallies and functions at Jambooree Maidan have robbed BHEL of its ambitious 10 MW solar power plant, forcing the public sector giant to cut down on its capacity 5 MW.

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Centre considering subsidy on electric vehicles, says power minister RK Singh

Centre considering subsidy on electric vehicles, says power minister RK Singh

The central government is considering providing subsidy on buying electric vehicles, a move that is expected to give a big push to their sales, Union power minister (independent charge) RK Singh has said.

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Come April, Recharge Your Electricity Connection as Centre Makes Prepaid Meters Mandatory

Come April, Recharge Your Electricity Connection as Centre Makes Prepaid Meters Mandatory

In an effort to resolve rising complaints of inflated electricity bills, ministry of power is planning to make smart prepaid meters mandatory across all states starting 1 April, 2019.

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Sterlite Power Announces Financial Closure of Arcoverde Project

Sterlite Power Announces Financial Closure of Arcoverde Project

Construction activities are being executed with a view to achieve ahead of schedule commissioning Sterlite Power, a global power transmission company announced the financial closure of their Arcoverde project in Brazil.

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GE Power India sizzles as consortium bags order for hydro power plant

GE Power India sizzles as consortium bags order for hydro power plant

GE Power India rose 2.45% to Rs 842.30 at 12:05 IST on BSE after the company announced that its consortium has been awarded hydro power plant project in Sarawak, Malaysia.

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On road to clean energy, auto sector eyes election year boost to sales

On road to clean energy, auto sector eyes election year boost to sales

With cleaner fuel fast emerging as an order of the day in 2018, a busy year awaits the Indian automobile industry in 2019, a year before the Bharat Stage-VI standards gets implemented, when manufacturers would need to drive extra mile to meet the strict emission norms.

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Indian govt amends electricity regulation

Indian govt amends electricity regulation

India has amended its cross-border power trading regulation paving the way for Nepali power producers to export electricity not only to India but also other third countries like Bangladesh, Bhutan and Myanmar.

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India Sanctioned Energy Storage Projects Worth ₹115 Million in Last 4 Years

India Sanctioned Energy Storage Projects Worth ₹115 Million in Last 4 Years

India is now working toward a National Energy Storage Mission (NESM) to keep pace with the changing dynamics of the energy market. As energy storage projects are almost negligible in India, efforts have been made to tender and auction solar

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Coal sector: Journey begins from monopoly to competition

Coal sector: Journey begins from monopoly to competition

By opening the door to private players for commercial mining, the coal sector this year witnessed its biggest reform in over four decades.

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Indian and Russian scientists make pathbreaking discovery in mining industry

Indian and Russian scientists make pathbreaking discovery in mining industry

Russian scientists from Tomsk Polytechnic University (TPU) together with the Indian Institute of Technology, Bombay (IIT Bombay) have been studying one of world’s largest deposits of iron ore, the Bakchar ironstone deposit

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Brent crude inches up, but concern over demand limits gains

Brent crude inches up, but concern over demand limits gains

Oil prices edged up on Monday after evidence that a recent fall to 15-month lows may be affecting output in the United States, the world's largest producer, although concern about the outlook for demand tempered gains.

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Oil rises on signs low prices crimping U.S. output though economic worries weigh

Oil rises on signs low prices crimping U.S. output though economic worries weigh

Oil prices rose more than 1 percent on Monday on signs that the recent price plunge may start crimping supply from the U.S., currently the world's biggest oil producer, though concerns about global economy continues to weigh.

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Indian Oil, HP and BP’s plan to open 80,000 petrol pumps hits land hurdle

Indian Oil, HP and BP’s plan to open 80,000 petrol pumps hits land hurdle

Land availability may turn out to be the biggest hurdle in an ambitious plan by state-run oil marketing companies (OMCs) to open close to 80,000 petrol pumps in the next three years, according to company officials.

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Oil eases on oversupply concerns ahead of holiday

Oil eases on oversupply concerns ahead of holiday

Oil prices dipped on Monday ahead of the Christmas holiday break, adding to last week`s steep losses on concerns about a global oversupply. International benchmark Brent crude futures fell 27 cents, or 0.5 percent, to $53.55 a barrel a

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Petrol price down by 20 paise across metros

Petrol price down by 20 paise across metros

Domestic fuel prices declined for the second consecutive day with petrol prices falling around 20 paise in the four metropolitan cities. In the national capital, petrol was sold at Rs 70.07, down from Rs 70.27 per litre on Saturday,

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OPEC in a ‘whatever it takes’ moment to prop up oil

OPEC in a ‘whatever it takes’ moment to prop up oil

OPEC hasn’t even started implementing its new six-month agreement to cut output, and already members responsible for most of the reductions have pledged to extend or even deepen it.

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Eastern India to be developed as gateway to South-East Asia: PM Modi

Eastern India to be developed as gateway to South-East Asia: PM Modi

Dedicating IIT-Bhubaneswar to youths with the hope that the new facility will provide employment opportunities to them, Prime Minister Narendra Modi on Monday said that his government aims to "develop eastern India as the gateway to South-East Asia."

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Last Mile Connectivity For Hyderabad Metro: RTC Plans Bus Services Connecting Hi-Tec City, Other Stations

Last Mile Connectivity For Hyderabad Metro: RTC Plans Bus Services Connecting Hi-Tec City, Other Stations

The Greater Hyderabad Road Transport Corporation (RTC) is thinking about introducing more services in the high traffic routes to meet passenger needs especially in areas around Hi-Tec city, reports The Hans India.

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IRCTC tour package; Travel to Thailand in style! Rush just 30 tickets available

IRCTC tour package; Travel to Thailand in style! Rush just 30 tickets available

IRCTC Exotic Thailand tour: Indian Railway Catering and Tourism Corporation (IRCTC) has announced an all Inclusive Outbound Tour Package to Thailand from Delhi for the duration of four nights and five days with night stay of two nights each in Bangkok and Pattaya.

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Bengaluru: Rail Network To Get 52 More Stations On 4 Corridors Including Kengeri-Whitefield, Heelalige-Devanahalli

Bengaluru: Rail Network To Get 52 More Stations On 4 Corridors Including Kengeri-Whitefield, Heelalige-Devanahalli

A feasibility report produced by Rail India Technical and Economic Service (RITES) has identified four corridors- Bengaluru City-Rajanukunte, Kengeri-Whitefield, Heelalige-Devanahalli, Nelamangala-Baiyappanahalli

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PM Modi to inaugurate India's longest rail-road bridge in Assam: All you need to know

PM Modi to inaugurate India's longest rail-road bridge in Assam: All you need to know

Prime Minister Narendra Modi is all set to inaugurate the 4.94-km-long Bogibeel Bridge in Assam, India’s longest rail-cum-road bridge, on the mighty Bramhaputra on Tuesday.

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Good news for Noida residents! Noida Metro Aqua Line gets safety go-ahead for inauguration; details here

Good news for Noida residents! Noida Metro Aqua Line gets safety go-ahead for inauguration; details here

Noida Metro Aqua Line: The new transport lifeline for people of Noida to start soon! The Noida Metro, which will be connecting the twin cities of Noida and Greater Noida, has received a the safety green signal.

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Free Wi-Fi to engineless train: 10 amazing developments in Railways this year!

Free Wi-Fi to engineless train: 10 amazing developments in Railways this year!

The year 2018 has been extremely productive for the Railways with numerous developments on the mark sheet. The Railways tried their best to improve passengers' experience by making their services better.

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Proposed Delhi-Mumbai Expressway faces Rajasthan tiger habit hurdle

Proposed Delhi-Mumbai Expressway faces Rajasthan tiger habit hurdle

The ambitious 1,250km Delhi-Mumbai Expresswayproject is likely to disturb the tiger habitat in Rajasthan. Implementation of the project in the state would cut off the tiger corridor between Ranthambore National Park (

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PM Modi to inaugurate Rs 14,500 cr development projects in Odisha

PM Modi to inaugurate Rs 14,500 cr development projects in Odisha

Prime Minister Narendra Modi on Monday will inaugurate projects worth over Rs 14,500 crore during a day-long visit to Odisha. The projects are related to higher education, health, road and highways and culture.

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