GOOD EVENING INDIA

May 22, 2019, Wednesday

Your Evening News Updates From Across The Media Space

Chhattisgarh govt initiates process for power tariff cut

Chhattisgarh govt initiates process for power tariff cut

After farm loan waiver and hike in MSP, the Bhupesh Baghel government has started procedure to slash domestic electricity bills by half in Chhattisgarh.

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Carnival Comes Early For Sterlite Power: Bags Power Project Worth $600 Million In Brazil’s Rio Grande Do Sul

Carnival Comes Early For Sterlite Power: Bags Power Project Worth $600 Million In Brazil’s Rio Grande Do Sul

One of India’s leading private infrastructure corporations, Sterlite Power announced on Monday (24 December) that it had clinched a mega power project worth $600 million in Brazil, reports The Economic Times.

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India's coal production: What's in store for 2019?

India's coal production: What's in store for 2019?

The government is hopeful of higher output in the next year from already allocated mines and plans to further allot 10 mines to state-run behemoth Coal India Ltd (CIL) in 2019. With the power production having increased in the last few years, the demand for coal has gone up.

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New high: MP marks record 13,500 MW power demand

New high: MP marks record 13,500 MW power demand

The peak power demand in the state set another record this year on Monday when the demand crossed 13500 MW. This is the highest power demand in the state’s history.

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Government To Make All Meters Smart Prepaid In 3 Years

Government To Make All Meters Smart Prepaid In 3 Years

Ministry of Power, Government of India has decided to make all meters smart prepaid in 3 years from 1st April, 2019. This step is likely to bring revolution in power sector by way of reduction in AT&C losses

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Push for green fuel: Finance ministry asks govt departments to hire electric cars for officials

Push for green fuel: Finance ministry asks govt departments to hire electric cars for officials

In order to increase the usage of green fuel, the finance ministry has asked all government departments to hire electric vehicles for officials in the capital, the Times of India reported.

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Govt to allot 10 coal mines to CIL in 2019, expects higher output to meet fuel demand

Govt to allot 10 coal mines to CIL in 2019, expects higher output to meet fuel demand

With the coal demand from power sector exceeding the supply in 2018, the government is hopeful of higher output in the new year from already allocated mines and plans to further allot 10 mines to state-run behemoth Coal India Ltd (CIL) in 2019.

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India renewable energy sector awaits a reboot

India renewable energy sector awaits a reboot

Is the stage set for a rebound in the Indian renewable energy sector? Heading into 2019 that is the question stakeholders will try to get a grip on. After a record addition of 9,780 megawatt (MW) in 2017, Mercom India Research projects

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Rat-hole mining rampant in Meghalaya despite NGT ban

Rat-hole mining rampant in Meghalaya despite NGT ban

There seems to be no hope at the end of the tunnel for the 15 labourers trapped in a coal mine a fortnight ago, as search operations have been suspended by the Meghalaya government for want of high-powered pumps to flush out water from the pit.

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Asia jet fuel cash discounts narrow, market eyes winter demand

Asia jet fuel cash discounts narrow, market eyes winter demand

Asia’s cash discounts for jet fuel narrowed by a cent on Wednesday but remained near this year’s weakest levels of cash differentials amid a lingering supply glut, while the front-month spread shrunk its contango structure.

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Indian Oil may drop plan to buy stake in Mundra LNG terminal

Indian Oil may drop plan to buy stake in Mundra LNG terminal

State-run Indian Oil Corp. Ltd may drop its plan to acquire as much as 50% stake in the Mundra LNG terminal in Gujarat, three officials aware of the development said.

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India will outperform, rupee to catch-up on lower oil prices, says Ananth Narayan

India will outperform, rupee to catch-up on lower oil prices, says Ananth Narayan

Ananth Narayan, professor at SPJIMR, spoke to CNBC-TV18 about the impact of global selloff on the Indian markets. According to Narayan, "Even though the global set up looks grim there is a silver lining for Indian market because

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Fuel prices today: No change in petrol, diesel cost after Christmas; check rates in major cities

Fuel prices today: No change in petrol, diesel cost after Christmas; check rates in major cities

After the continuous drop in fuel prices for last five days, OMCs kept petrol and diesel cost unchanged on Wednesday, after Christmas. Despite that, the fuel prices are now at lowest since March this year.

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HPCL, BPCL, IOC, Jet Airways, SpiceJet gain 1-3% as Brent oil prices near $50/barrel

HPCL, BPCL, IOC, Jet Airways, SpiceJet gain 1-3% as Brent oil prices near $50/barrel

Hindustan Petroleum Corporation, Bharat Petroleum Corporation, Indian Oil Corporation, Jet Airways and SpiceJet shares gained 1-3 percent in morning on Wednesday after sharp fall in crude oil prices amid global growth concerns.

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Railways to use USTAD robot for safety and maintenance

Railways to use USTAD robot for safety and maintenance

The Nagpur Division of Indian Railways has made an in-house robot that can help the Railways maintain safety and security of its passengers through artificial intelligence.

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Indian Railways boosts PM Modi's Make in India initiative and here is how you benefit

Indian Railways boosts PM Modi's Make in India initiative and here is how you benefit

In the last four-and-a-half years, Indian Railways has not only replaced its ageing infrastructure, but it has also introduced a number of new trains with world-class passenger amenities.

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IRCTC pod hotel! Indian Railways passengers can soon stay in luxurious yet affordable pods near stations

IRCTC pod hotel! Indian Railways passengers can soon stay in luxurious yet affordable pods near stations

IRCTC plans pod hotel! Looking to provide next-generation affordable air-conditioned lodging comfort to Indian Railways passengers, IRCTC is proposing to set up a pod hotel near the Mumbai Central railway station.

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Adani Ports delivers 50 US made GE locomotives to Railways

Adani Ports delivers 50 US made GE locomotives to Railways

Adani Ports and Special Economic Zone on Wednesday said it has concluded import and delivery of fifty US made GE locomotives to Indian Railways. All 50 locomotives were manufactured by GE Electromotive Division in the US and imported to Mundra port.

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Visakhapatnam port to get cruise-cum-coastal cargo terminal; details here

Visakhapatnam port to get cruise-cum-coastal cargo terminal; details here

Vizag port is all set to get a cruise-cum-coastal cargo terminal! Recently, the proposal to develop a cruise-cum-coastal cargo terminal at the outer harbour at Visakhapatnam has been approved at a cost of Rs 77 crore, by the Modi government.

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Delhi Metro Pink Line: New Year cheer! Lajpat Nagar-Mayur Vihar Pocket 1 corridor to open soon

Delhi Metro Pink Line: New Year cheer! Lajpat Nagar-Mayur Vihar Pocket 1 corridor to open soon

Delhiites, look forward to year-end cheer! Delhi Metro Pink Line’s Lajpat Nagar-Mayur Vihar Pocket 1 corridor is all set to open soon. In a bid to provide seamless connectivity to all areas of the national capital, Delhi Metro’s Phase 3 is coming up with several new corridors.

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Denied privileges by British for helping freedom fighters, railways ticket checkers may get rights back

Denied privileges by British for helping freedom fighters, railways ticket checkers may get rights back

Denied a special status by the British 87 years ago for helping freedom fighters, ticket checkers of Indian Railways could finally get back the position of railways' 'running staff' if a committee formed by the government gives its approval.

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Why Chabahar port is a win-win for India

Why Chabahar port is a win-win for India

Indian firm India Ports Global Limited took over operations at the Shaheed Behesti port in Chabahar on Monday. The representatives of India, Iran and Afghanistan met and finalised the routes for trade and transit corridors between

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