GOOD EVENING INDIA

May 22, 2019, Wednesday

Your Evening News Updates From Across The Media Space

Spot power prices jump 10 per cent in Dec; volume up 20 per cent

Spot power prices jump 10 per cent in Dec; volume up 20 per cent

The price of power traded at Indian Energy Exchange, the country’s largest spot power trading platform, jumped 10 per cent to 3.30 per unit in December 2018 as compared to the same month in 2017, the exchange said in a statement today.

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Government says it’s on track to meet electricity deadline

Government says it’s on track to meet electricity deadline

The government of Prime Minister Narendra Modi said it’s on track to meet its official March 31 deadline to provide electricity connections to every home, saying a Dec. 31 goal promoted publicly by the power ministry was only an “internal target.”

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Power discoms partner with SECI for 200MW wind power

Power discoms partner with SECI for 200MW wind power

In order to provide green and clean energy, the BSES Rajdhani Power Limited (BRPL) and BSES Yamuna Power Limited (BYPL) on Thursday inked Power Sale Agreements with SECI (Solar Energy Corporation of India) to procure 200 MW (100-MW each) of wind-power.

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No shortage of coal in country; CIL output grew by 104MT in 4 years: Piyush Goyal

No shortage of coal in country; CIL output grew by 104MT in 4 years: Piyush Goyal

The country faces no shortage of coal and its imports have declined to 208 million tonnes (MT) from 217 MT in 2014, Coal Minister Piyush Goyal said Friday. Replying to a query in the Question Hour, the Minister said coal production has witnessed an increase

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Check Your Solar Privilege: First-Of-Its-Kind Tool To Help Assess Rooftop Potential In Bengaluru

Check Your Solar Privilege: First-Of-Its-Kind Tool To Help Assess Rooftop Potential In Bengaluru

Bengaluru Electricity Supply Company (BESCOM) consumers will soon be able to identify the most suited rooftops to install solar panels on, ET Energy reports.

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India’s first driverless, solar-powered bus made by students at just Rs 6 lakh!

India’s first driverless, solar-powered bus made by students at just Rs 6 lakh!

Students at LPU (Lovely Professional University) have developed India's first driverless, solar-powered bus. The vehicle was showcased at the 106th edition of the Indian Science Congress (INC).

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Maharashtra Electricity Board To Launch Investigation After Over 40,000 Metres In Aurangabad Show Zero Consumption

Maharashtra Electricity Board To Launch Investigation After Over 40,000 Metres In Aurangabad Show Zero Consumption

The Maharashtra State Electricity Distribution Company Limited (MSEDCL) is scanning 2.25 lakh meters in Aurangabad zone for shockingly low consumption, with 40,228 meters have zero consumption, reports ET Energy World.

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Coal India corrects after CIMB cuts price target on earnings concern

Coal India corrects after CIMB cuts price target on earnings concern

Coal India fell 0.4 percent in morning on Friday after global research house CIMB has reduce call on the stock and slashed its target price to Rs 212 from Rs 245 earlier. The reason behind cutting price target and having reduce call is earnings concerns going ahead.

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Board of Power Grid Corporation of India accords investment approval of Rs 379 cr for two projects

Board of Power Grid Corporation of India accords investment approval of Rs 379 cr for two projects

Investment Approval for 'Implementation of 500MVAr Thyristor Controlled Reactor at Kurukshetra 400kV bus' at an estimated cost of Rs. 267.33 Crore with commissioning schedule of 30 months from the date of investment approval; and

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ONGC to invest Rs 6,000 crore in drilling 200 wells across Assam oil, gas fields

ONGC to invest Rs 6,000 crore in drilling 200 wells across Assam oil, gas fields

Oil and Natural Gas Corporation (ONGC), the country’s largest producer of oil and gas, is looking at drilling 200 wells across various fields in Sivasagar district of Assam at a cost of Rs 6,000 crore, the firm said in an application submitted to the environment ministry.

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Essar Oil approaches Bombay HC against RBI guv, ED, revenue secy; seeks relief on multiple charges

Essar Oil approaches Bombay HC against RBI guv, ED, revenue secy; seeks relief on multiple charges

Nayara Energy (formerly known as Essar Oil) has approached the Bombay High Court against the Reserve Bank of India (RBI) governor, revenue department and the Enforcement Directorate (ED).

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Oil and gas prices will remain volatile but range-bound in 2019: Moody’s

Oil and gas prices will remain volatile but range-bound in 2019: Moody’s

Global oil and gas prices are likely to remain volatile but range bound in 2019 on the back of multiple factors, ratings agency Moody’s said in a report today. The medium-term price band for West Texas Intermediate (WTI)

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India Oil Corp’s outlook stable despite negative free cash flow: Moody’s

Indian Oil Corp’s outlook stable despite negative free cash flow: Moody’s

The outlook for Indian Oil Corporation (IOC), the nation’s largest fuel retailer, is stable and its leverage is likely to stay within the tolerance level of its ratings, despite negative free cash flow because of high

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Petrol prices may further decline, can touch Rs 65 per liter

Petrol prices may further decline, can touch Rs 65 per liter

The beginning of the Year has seen a relief in petrol, diesel prices. From the very first day of 2019, prices of petrol and diesel have began to decline. At the same time, petrol prices are being cut by 21 paisa

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Tripura parties oppose Centre's decision allowing Vedanta group to explore gas

Tripura parties oppose Centre's decision allowing Vedanta group to explore gas

Opposition parties in Tripura, mainly the CPI-M and Congress, on Thursday strongly opposed the Centre's decision allowing Vedanta Limited to explore gas in the state along with government-owned ONGC.

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Modern coaches to replace existing coaches in all long-distance trains soon

Modern coaches to replace existing coaches in all long-distance trains soon

The government will replace conventional coaches with modern LHB (Linke Hofmann Busch) design coaches in all long-distance trains, Railway Minister Piyush Goyal said in Rajya Sabha on Friday.

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Indian Railways goes green! 10 major steps taken to make railways eco-friendly

Indian Railways goes green! 10 major steps taken to make railways eco-friendly

Indian Railways goes green! In a bid to turn environment-friendly, Piyush Goyal chaired Railway Ministry has undertaken several measures. From setting up solar power plants to wind energy plants, from installing environment-friendly bio-toilets

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Eastern expressway cut air pollution in Delhi by 7%: CRRI study

Eastern expressway cut air pollution in Delhi by 7%: CRRI study

The Eastern Peripheral Expressway, which was launched in May 2018, has brought down vehicular pollution in Delhi by at least 7%, a recent study has indicated.

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Delhi Metro Phase IV: Fate of the project still hangs as Centre and Delhi government work to iron out issues

Delhi Metro Phase IV: Fate of the project still hangs as Centre and Delhi government work to iron out issues

Delhi Metro Phase IV: The proposal sent by the Delhi government was received by the Central government on December 28, 2018, is currently under examination, Minister of State for Housing and Urban Affairs Hardeep Singh Puri has said.

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Railways launch Buddhist Circuit tourist train: Dining cars, library, sofa-seating in coaches and more

Railways launch Buddhist Circuit tourist train: Dining cars, library, sofa-seating in coaches and more

The Indian Railways on Friday launched the super deluxe Buddhist Circuit Tourist Train which will cover the pilgrimage sites associated with the life of Gautam Buddha. The Railways is offering an enhanced travel experience

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CCI dismisses Eastern Railways’ complaint against Laxven, Medha Servo

CCI dismisses Eastern Railways’ complaint against Laxven, Medha Servo

The Competition Commission has dismissed Eastern Railways’ complaint against two vendors, alleging anti-competitive practices in a tender floated to procure systems for electric locos.

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Total 5,151 projects proposed by cities under Smart City Mission: Centre

Total 5,151 projects proposed by cities under Smart City Mission: Centre

A total of 5,151 projects have been proposed by cities in their Smart City Proposals and they have all incorporated special purpose vehicles, the Rajya Sabha was informed Thursday. Union Minister of State for Housing and Urban

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