GOOD EVENING INDIA

July 19, 2019, Friday

Your Evening News Updates From Across The Media Space

Power Grid third quarter net profit rises 16 per cent at Rs 3,108 crore

Power Grid third quarter net profit rises 16 per cent at Rs 3,108 crore

State-owned power transmission giant Power Grid Corporation of India (PGCIL) today reported a 16 per cent jump in net profit for the quarter ended December 2018 at Rs 2367.77. The company had posted a profit of Rs 2,035.95 crore in the corresponding quarter last financial year.

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Distributed solar power market in India to grow to Rs 10,000 crore by 2023

Distributed solar power market in India to grow to Rs 10,000 crore by 2023

The market for distributed solar power products in India is set to grow more than two-and-a-half times to Rs 10,117 crore by 2023, according to a study released today by GOGLA, a global association of the off-grid solar power

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Piyush Goyal receives Carnot Prize for policy contributions

Piyush Goyal receives Carnot Prize for policy contributions

The government’s energy efficiency programme has lowered consumption so much that 30 power plants can’t find takers but has helped consumers save $7 billion a year in electricity bills, finance, railways and coal minister Piyush Goyal said.

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BHEL bags two orders worth Rs 97 crore from NPCIL

BHEL bags two orders worth Rs 97 crore from NPCIL

State-run engineering firm BHEL on Thursday said it has bagged two orders worth Rs 97 crore from Nuclear Power Corporation of India Ltd (NPCIL) to manufacture and supply primary side heat exchangers.

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PM Narendra Modi Inaugurates Surat Municipal Corporation Solar Plant Developed by Waaree Energies

PM Narendra Modi Inaugurates Surat Municipal Corporation Solar Plant Developed by Waaree Energies

The Honourable Prime Minister of India, Shri Narendra Modi, today inaugurated a number of Solar Power Plants in Surat, with a collective capacity of 1 MW, by Waaree Energies, the preferred sustainability partner to Indian corporates.

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India’s biggest floating solar power plant to come up in Khandwa

India’s biggest floating solar power plant to come up in Khandwa

Taking a giant leap towards renewable energy power generation, Madhya Pradesh is all set to establish India’s biggest floating solar power plant of 100 MWs at Indira Sagar Reservoir in Khandwa.

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Hyderabad may face power cuts next week

Hyderabad may face power cuts next week

Major parts of the city is likely to face power cuts over the coming week. Not only Hyderabad, but the state itself may witness power disruptions. Power distribution to the southern states by the National Thermal Power Corporation

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Adani Gas announces resignation of Naresh Poddar as CFO

Adani Gas announces resignation of Naresh Poddar as CFO

Announces Resignation Of Naresh Poddar As Chief Financial Officer

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Fuel prices decline for second time in three days; crude oil rises as Saudi Arabia cuts supply to US, Venezuela exports fall

Fuel prices decline for second time in three days; crude oil rises as Saudi Arabia cuts supply to US, Venezuela exports fall

Fuel prices declined in major cities across the country for the second time in three days on Thursday even as crude oil rates rose for a third day, pushed up by lower imports into the United States amid Organisation of the Petroleum

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India in talks with U.S. to extend Iran sanctions waiver: oil ministry official

India in talks with U.S. to extend Iran sanctions waiver: oil ministry official

India is in talks with the United States to extend a waiver on sanctions imposed on Iran’s crude oil exports, a senior Indian official said on Thursday.

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Venezuela seeks to reshape trade chains in favor of India, Russia, China : Miranda governor

Venezuela seeks to reshape trade chains in favor of India, Russia, China : Miranda governor

Venezuela wants to reduce its dependence on imports from the United States and the West and reorientate its supply chains in favor of India, Russia, China and other emerging economies, Hector Rodriguez, the governor of the northern

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Saudi Arabia may hold most oil prices to Asia steady in March, Venezuela impact eyed

Saudi Arabia may hold most oil prices to Asia steady in March, Venezuela impact eyed

Saudi Arabia is expected to keep prices for most of the crude grades it sells to Asia little changed in March, with most attention on heavier grades following sanctions on Venezuela, traders said on Thursday.

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Indian Oil net profit falls 90 per cent on inventory losses

Indian Oil net profit falls 90 per cent on inventory losses

Public sector oil major Indian Oil Corporation (IOC) on Wednesday reported a 91 per cent fall in its third quarter net profit, primarily due to lower refining margins and inventory losses due to falling crude oil prices.

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Hit by sanctions, Asia's Iran crude oil imports drop to three-year low in 2018

Hit by sanctions, Asia's Iran crude oil imports drop to three-year low in 2018

Iranian crude oil imports by Asia's top four buyers dropped to the lowest volume in three years in 2018 amid US sanctions on Tehran, but China and India stepped up imports in December after getting waivers from Washington.

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Oil rises as Saudi Arabia cuts supply to U.S., Venezuela struggles to keep up exports

Oil rises as Saudi Arabia cuts supply to U.S., Venezuela struggles to keep up exports

Oil prices rose for a third day on Thursday, pushed up by lower imports into the United States amid OPEC efforts to tighten the market, and as Venezuela struggles to keep up its crude exports after Washington imposed sanctions on the nation.

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Chennai Metro: CMRL Launches ‘Office Ride’ App To Provide To And Fro Connectivity From Offices To Stations

Chennai Metro: CMRL Launches ‘Office Ride’ App To Provide To And Fro Connectivity From Offices To Stations

In a bid to woo passengers, Chennai Metro Limited has tied up with Ford’s Corporate Shuttle Feeder Services to launch ‘Office Ride’ in order to provide a safe commute for passengers, especially informational technology (IT) employees.

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Habibganj Railway Station to be First World Class Station of Indian Railways

Habibganj Railway Station to be First World Class Station of Indian Railways

Habibganj Railway Station has garnered several accolades in all modernizing railway infrastructure in all nooks and corners of the country. Railway Stations are being revamped at a rapid pace to meet the world class standards .

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Indian Railways introduces GPS trackers to ensure passenger safety, monitor trackmen

Indian Railways introduces GPS trackers to ensure passenger safety, monitor trackmen

Indian Railways is adopting every possible new technology in order to ensure passenger safety and improve its train operations. After inducting 'USTAAD' robot for underslung equipment inspectio

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Work on 15 new rail lines underway in northeastern states: Kovind

Work on 15 new rail lines underway in northeastern states: Kovind

Work on 15 new railway lines at a cost of Rs 50,000 crore is currently underway in northeastern states to provide connectivity to the region, President Ram Nath Kovind said Thursday.

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Railway Budget 2019: With Rs 1.6 lakh crore expenditure, Indian Railways may see 148% hike in capex from 2014!

Railway Budget 2019: With Rs 1.6 lakh crore expenditure, Indian Railways may see 148% hike in capex from 2014!

Railway Budget 2019 expectations: With Finance Minister Piyush Goyal all set to present the Union Budget 2019 in the Parliament tomorrow, each and every sector of the economy including Indian Railways is waiting eagerly for the expenditure allocation.

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Indian Railways gives khadi industry a boost! Orders new bed sheets, towels and linen for trains

Indian Railways gives khadi industry a boost! Orders new bed sheets, towels and linen for trains

Indian Railways to introduce more clean sheets and towels in trains for passengers! The Railway Board has ordered all the zonal networks in the country to procure new linen items like bed sheets, pillow covers and face towels for trains according to a recent PTI report.

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