GOOD EVENING INDIA

May 22, 2019, Wednesday

Your Evening News Updates From Across The Media Space

Arvind plans to cut carbon emissions by 30 per cent with solar projects

Arvind plans to cut carbon emissions by 30 per cent with solar projects

Textile firm Arvind Wednesday said it plans to reduce carbon emissions by 30 per cent with the installation of rooftop solar projects across its facilities in three cities and by shifting from coal to renewable biomass for boilers.

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Renewables to be preferred energy source by 2030: Report

Renewables to be preferred energy source by 2030: Report

Renewables would be preferred source of energy by 2030 with tariffs ranging between Rs 1.9-2.6 per unit for wind and solar power and storage cost declining by around 70 per cent, a report by Energy Transition Commission (ETC India) said.

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India needs to step up its nuclear game, say experts

India needs to step up its nuclear game, say experts

"Even though coal will be the mainstay of India's power for many years to come, there will come a time when we have to reach a non-coal system, and in that scenario, I cannot see anything except nuclear energy," said Anil Kakodkar, former chairperson of the Atomic Energy Commission.

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India proposes to construct 400-MW hydropower project in Nepal

India proposes to construct 400-MW hydropower project in Nepal

The Indian government has proposed the construction of Lower Arun Hydropower Project in Nepal with a capacity of 400 megawatts (MW). "In a meeting with Minister for Energy, Water Resource and Irrigation Barshaman Pun at New Delhi on Monday

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Govt released Rs 3,584 cr for renewable energy schemes in current fiscal so far: R K Singh

Govt released Rs 3,584 cr for renewable energy schemes in current fiscal so far: R K Singh

The government has released Rs 3,584.08 crore as Central Financial Assistance (CFA) for implementing renewable energy schemes by the Ministry of New and Renewable Energy (MNRE) in financial year 2018-19 so far,

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Solar power cost will fall to Rs 1.9 per unit in India by 2030: TERI study

Solar power cost will fall to Rs 1.9 per unit in India by 2030: TERI study

The cost of generation of solar power is set to fall to as low as Rs 1.9 per unit over the next decade through 2030 in India with new technologies boosting efficiency levels, a joint study by TERI and US-based think tank Climate Policy Initiative (CPI) has revealed.

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JSW Energy expects assets under IBC to get resolved in next one year

JSW Energy expects assets under IBC to get resolved in next one year

JSW Energy expects assets under insolvency and bankruptcy code (IBC) to get resolved in the next 12 months. In an interview with CNBC-TV18, Prashant Jain, joint managing director and CEO of JSW Energ

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Major boost for 4 hydro projects worth Rs 45,000 crore

Major boost for 4 hydro projects worth Rs 45,000 crore

The government expects a big push to hydropower sector having received clearances for four projects worth about Rs 45,000 crore. Last week, the project investment board (PIB) of finance ministry recommended NHPC’s Rs 28,000 crore Dibang project

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India high court overturns 2017 arbitration award to HPCL for $113 mln

India high court overturns 2017 arbitration award to HPCL for $113 mln

An Indian high court has set aside an arbitration award of more than 8 billion rupees ($113.19 million) owed to India’s Hindustan Petroleum Corp Ltd by Malaysia’s M3nergy, according to a court document reviewed by Reuters.

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Asia's crude oil refiners are caught between Trump and OPEC: Russell

Asia's crude oil refiners are caught between Trump and OPEC: Russell

Asia’s oil refiners are increasingly finding themselves trapped between the rock of OPEC’s production cuts and the hard place of U.S. President Donald Trump’s sanctions against Iran and Venezuela.

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US NSA tweets warning to India against buying Venezuelan oil

US NSA tweets warning to India against buying Venezuelan oil

The hardline US National Security Adviser John Bolton has issued a warning to India against buying Venezuelan oil, saying it "will not be forgotten" and that Venezuela's Foreign Minister Jorge Alberto Arreaza has countered that it was an attempt to impose Washington's global "dictatorship".

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Natural gas price to be hiked by 10 pc for ONGC, Reliance

Natural gas price to be hiked by 10 pc for ONGC, Reliance

In a boost to firms like ONGC and Reliance Industries , the government is likely to raise the price of domestically produced natural gas by over 10 per cent to over USD 3.72 per million British thermal unit with effect from April 1, sources in know of the development said.

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Oil pushed up by deepening OPEC supply cuts, sanctions on Venezuela

Oil pushed up by deepening OPEC supply cuts, sanctions on Venezuela

Oil prices rose on Wednesday as producer club OPEC said it had cut supply deeply in January and as U.S. sanctions hit Venezuela’s oil exports. U.S. West Texas Intermediate (WTI) crude oil futures were at $53.66 per barrel at 0530 GMT, up 56 cents, or 1.1 percent, from their last close.

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City Gas Distribution Auction: It’s Adani Vs The Rest

City Gas Distribution Auction: It’s Adani Vs The Rest

India is expected to complete its second-largest auction to distribute piped natural gas in urban areas by February-end as the world’s third-biggest oil importer looks to reduce dependence on dirtier fuels to curb emissions and switch to cleaner alternatives.

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Every $10 per barrel rise in crude oil price increases India’s inflation by this much

Every $10 per barrel rise in crude oil price increases India’s inflation by this much

Prime Minister Narendra Modi’s call to producers for responsible pricing of crude oil this week is not without its merits. Crude oil, which fueled the growth of industrial revolution 2.0, is still one of the crucial factor in determining India’s growth.

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Indian railways soon to offer affordable houses

Indian railways soon to offer affordable houses

Indian railways will soon offer affordable houses. The Railways, initially, will begin the work at some selected railway stations. According to Zee Media sources, the IRSDC (Indian Railway Station Development Corporation

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Power failure stalls Metro Railway services in Kolkata

Power failure stalls Metro Railway services in Kolkata

Metro Railway services were disrupted Wednesday due to a breakdown in power supply to a Kavi Subhash-bound rake, shortly after its departure from Dum Dum station.

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At Rs 562 crore, Indian Railways’ RITES registers 42.6% rise in revenue in Q3 of FY19

At Rs 562 crore, Indian Railways’ RITES registers 42.6% rise in revenue in Q3 of FY19

RITES, a public sector unit under the Ministry of Railways, said it has registered a revenue of Rs 562 crore in the quarter ending December, registering an increase of 42.6 per cent over the same period last year.

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Indian Railways stations set for airport-like revamp! Rs 7,500 crore to be spent on 50 stations this year

Indian Railways stations set for airport-like revamp! Rs 7,500 crore to be spent on 50 stations this year

Indian Railways stations redevelopment: Indian Railways all set to give a new makeover to as many as 50 railway stations this year! A whopping amount of Rs 7,500 crore is likely to be invested by the Indian Railway Station

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This 'cool' train video tweeted by Piyush Goyal is going massively viral - WATCH

This 'cool' train video tweeted by Piyush Goyal is going massively viral - WATCH

Whenever we think of snow, Russia, US and other nations pop-up in our mind. But, after watching this video of the sights of Kalka-Shimla toy train after snowfall, you will forget all these nations. What a beauttiful video it is! The 'cool' video has been tweeted by Railways Minister Piyush Goyal.

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Speed up road construction along China border: Parliamentary panel asks BRO

Speed up road construction along China border: Parliamentary panel asks BRO

A parliamentary panel has asked the Border Roads Organisation (BRO) to sharpen its focus on strategic projects and speed up the construction of the long-delayed India-China Border Roads (ICBR).

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Delhi-Varanasi Chair Car journey by Train 18 to cost Rs 1,760

Delhi-Varanasi Chair Car journey by Train 18 to cost Rs 1,760

For travelling between New Delhi and Varanasi by Train 18 -- rechristened as Vande Bharat Express -- which is scheduled to make its maiden run on February 15 -- the passengers will have to shell out 30-40 per cent higher fare than they do for Shatabdi Express,

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