GOOD EVENING INDIA

April 19, 2019, Friday

Your Evening News Updates From Across The Media Space

Renewable energy set to witness 10,000 Mw capacity addition in FY20: Report

Renewable energy set to witness 10,000 Mw capacity addition in FY20: Report

Renewable energy is set to witness 10,000 megawatt (Mw) in fresh capacity addition in FY20, aided by project awards from central agencies and state-owned distribution utilities.

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NTPC quarterly profit marginally up as higher costs weigh

NTPC quarterly profit marginally up as higher costs weigh

Indian power producer NTPC posted a 1 per cent rise in December-quarter profit on Wednesday, missing estimate, as higher expenses weighed.

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Samsung R&D centre in Bengaluru switches to solar energy

Samsung R&D centre in Bengaluru switches to solar energy

Samsung’s R&D centre in Bengaluru has switched to solar power for its campus in India's technology capital. The campus which houses over 3,000 R&D employees will draw 88% of its power requirement from a solar farm

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Budget 2019: Need for long-term consistent policies in RE sector

Budget 2019: Need for long-term consistent policies in RE sector

India stands fourth in the world when it comes to the attractiveness of the renewable energy sector and fifth in terms of total installed capacity. Today, the Indian solar industry has emerged as one of the world’s largest markets for solar

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NCLAT declines plea of Essar Steel operational creditor

NCLAT declines plea of Essar Steel operational creditor

The National Company Law Appellate Tribunal (NCLAT) Wednesday declined the plea of an operational creditor of debt-ridden Essar Steel seeking recovery worth Rs 800 crore.

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IIT Roorkee testing floating device to produce electricity from river surface

IIT Roorkee testing floating device to produce electricity from river surface

Scientists at IIT Roorkee are testing a floating device that can generate electricity from flowing surface water of rivers and streams, paving the way for an alternative source of renewable energy.

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Kyrgyzstan seeks India's assistance in hydel power, defence, railways

Kyrgyzstan seeks India's assistance in hydel power, defence, railways

Landlocked Central Asian country bordering China — Kyrgyzstan — has sought India’s assistance to build railways and hydel projects besides defence sector.

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Solar imports: Solar duty on cheap Chinese imports fails domestic producers as demand dwindles

Solar imports: Solar duty on cheap Chinese imports fails domestic producers as demand dwindles

India’s bid to protect its solar-equipment makers by imposing a safeguard duty on cheap, Chinese imports has failed, according to domestic manufacturers, who are campaigning for tougher measures.

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IEA chief: Too early to assess impact of latest U.S. sanctions on Venezuela

IEA chief: Too early to assess impact of latest U.S. sanctions on Venezuela

The International Energy Agency (IEA) has yet to assess the impact of the latest U.S. sanctions on Venezuelan oil supplies, its executive director said on Wednesday.

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Indian Oil’s third quarter net profit falls 90.93% to Rs 767.66 crore

Indian Oil’s third quarter net profit falls 90.93% to Rs 767.66 crore

Indian Oil Corporation (IOC), the country’s largest fuel retailer, today reported a decrease in consolidated net profit by 90.90 per cent to Rs 767.66 crore for the third quarter ended December 2018.

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Venezuela proposes new oil contract terms to sidestep US sanctions

Venezuela proposes new oil contract terms to sidestep US sanctions

Venezuela's state-run oil company PDVSA is seeking to sidestep Trump administration sanctions restricting payments for its oil by asking major buyers, including U.S. refiners, to renegotiate contracts, four sources involved in the talks said.

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IOC seeks commissioning cargo for new Ennore LNG terminal: sources

IOC seeks commissioning cargo for new Ennore LNG terminal: sources

Indian Oil Corp (IOC) is seeking a commissioning cargo for its new Ennore liquefied natural gas (LNG) terminal in south India, two industry sources said on Wednesday. The state-owned company is seeking a partial cargo for delivery

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Oil rises as traders expect Venezuelan supply disruptions amid U.S. sanctions

Oil rises as traders expect Venezuelan supply disruptions amid U.S. sanctions

Oil prices rose on Wednesday as concerns about supply disruptions following U.S. sanctions on Venezuela's oil industry outweighed downward pressure from a darkening outlook for the global economy.

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How India, one of Venezuela's last oil buyers — may react to sanctions

How India, one of Venezuela's last oil buyers — may react to sanctions

After the U.S. slapped sanctions on Venezuela’s state-owned PDVSA, which essentially add up to an oil ban, the market has focused on how the remaining buyers of the South American country’s heavy, low-quality crude will react.

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Plans afoot to electrify over 6,000 km of rail network in fiscal 2019: Piyush Goyal

Plans afoot to electrify over 6,000 km of rail network in fiscal 2019: Piyush Goyal

The Railways plans to electrify over 6,000 km of its network in the coming financial year, Railway Minister Piyush Goyal said Wednesday. Speaking at the launch of the International Energy Agency report 'The future of Rail'

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Infra upgrade continues! Indian Railways commissions 3-km railway bridge with 3 lines and advance signalling

Infra upgrade continues! Indian Railways commissions 3-km railway bridge with 3 lines and advance signalling

Noteworthy achievement for Indian Railways! Recently, an over 3 kilometres long bridge with 3 Indian Railways tracks, equipped with advance signalling features on river Son has been commissioned on Grand chord route, linking Dhanbad in Jharkhand to Mugalsarai in Uttar Pradesh.

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Don’t rub your eyes! This is Indian Railways’ Mathura Junction station after its beautiful makeover; see pics

Don’t rub your eyes! This is Indian Railways’ Mathura Junction station after its beautiful makeover; see pics

Indian Railways’ Mathura Junction railway station gets a completely new look! You may find it hard to believe that the images in this article are of an Indian Railways station!

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Rail Budget 2019 to focus on high speed trains, modernisation, safety

Rail Budget 2019 to focus on high speed trains, modernisation, safety

The Modi government is all set to present the Interim Budget 2019 in the Lok Sabha on February 1 amidst expectations that several measures for modernisation, safety of Railways may be announced.

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Threat to train safety! Indian Railways’ Northeast Frontier zone plagued by 628 unauthorised level crossings

Threat to train safety! Indian Railways’ Northeast Frontier zone plagued by 628 unauthorised level crossings

The Northeast Frontier Railway (NFR) is facing the menace of 628 unauthorised level crossings in its jurisdiction, posing threat to the safety of trains, passengers and people who use such stretches, an official said Tuesday.

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Budget 2019: Augmented budgetary allocation must to boost infra sector

Budget 2019: Augmented budgetary allocation must to boost infra sector

The infrastructure sector is a key driver for the Indian economy and the most tangible evidence of the nation’s progress. Investment in this sector has a cascading impact on all sectors such as banking and financial sector, logistics, power sector.

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Indian Railways linen to come via KVIC after tea kulhad deal

Indian Railways linen to come via KVIC after tea kulhad deal

In what comes as a double New Year bonanza for artisans, Indian Railways has ordered all its zones to procure linen items from KVIC, days after instructions were issued to Varanasi and Raebareli to use terracotta kulhads

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