GOOD EVENING INDIA

March 21, 2019, Thursday

Your Evening News Updates From Across The Media Space

Govt appoints REC CMD P V Ramesh as DG of National Archives of India

Govt appoints REC CMD P V Ramesh as DG of National Archives of India

Ahead of REC's takeover by Power Finance Corporation (PFC), the government has appointed the former's top executive P V Ramesh as the director-general of the National Archives of India.

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CleanMax Solar installs 736-KW rooftop solar power plant in Mandoli Jail

CleanMax Solar installs 736-KW rooftop solar power plant in Mandoli Jail

Gurugram-based solar power developer CleanMax Solar today announced it has installed a rooftop solar power plant with a capacity of 736 kilowatt (KW) in Mandoli Jail here.

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Vedanta appoints Ajay Kapur as CEO of aluminium, power business

Vedanta appoints Ajay Kapur as CEO of aluminium, power business

Mining giant Vedanta Tuesday said it has appointed Ajay Kapur as the chief executive officer of its aluminium and power business. Kapur joins Vedanta from Ambuja Cements, where he was the managing director and CEO for its India business.

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PFC-REC merger has dried up availability of funds for discoms, says Association of Power Producers

PFC-REC merger has dried up availability of funds for discoms, says Association of Power Producers

In a meeting of the power producers last week, the key issues discussed were the nonpayment by discoms as well as the coal shortage. CNBC-TV18 spoke with Ashok Khurana, director-general of Association of Power Producer

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Coal India hits over 2-month high; chart suggests more upside

Coal India hits over 2-month high; chart suggests more upside

Shares of Coal India Ltd gained as much as 2.5 per cent to Rs 238.5, their highest since January 3. The stock has broken above a resistance at Rs 236.3, the 23.6 per cent Fibonacci retracement level of the downtrend from the February 27,

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GMR Group Didn’t Write Down Rs 2,250-Crore Investments Despite Auditor’s Red Flag

GMR Group Didn’t Write Down Rs 2,250-Crore Investments Despite Auditor’s Red Flag

The auditor to GMR Infrastructure Ltd. said that its power sector loss would have been Rs 2,250 crore higher in the nine months ended December had it accounted for the reduced value of its investments.

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Uttar Pradesh to get 40 paise/unit cheaper power from plant

Uttar Pradesh to get 40 paise/unit cheaper power from plant

Uttar Pradesh Power Corporation will get 40 paise per unit cheaper electricity from Prayagraj Power Generation Company's plant at Bara in Prayagraj district, which will translate into savings to the tune of Rs 500 crore annually.

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MNRE to Frame Rules for Manufacture, Disposal, Import of Antimony-Coated Solar Modules

MNRE to Frame Rules for Manufacture, Disposal, Import of Antimony-Coated Solar Modules

The Ministry of New and Renewable Energy (MNRE) will soon come up with a blueprint for the utilization, manufacture, disposal, and import of solar photovoltaic (PV) module and glass containing antimony.

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Coal stacked at Cochin Port Trust's yard a ticking time bomb

Coal stacked at Cochin Port Trust's yard a ticking time bomb

Even while fire outbreaks are being reported from across the city, coal stacked at a yard owned by Cochin Port Trust (CPT) at Willingdon Island is posing threat to industries and residents near the area.

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Five companies bag 750 MW solar projects, to invest Rs 3,000 crore in Rajasthan

Five companies bag 750 MW solar projects, to invest Rs 3,000 crore in Rajasthan

Rajasthan’s solar energy sector continued to enjoy the confidence of power project investors who bid aggressively for 750-megawatt (MW) capacity put up by the state government for near all-time low tariffs.

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2019, A ‘Light’ Story: State Power Firm Ups Revenues From Rs 70 Crore In 2014 To Rs 2,000 Crore In Five Years

2019, A ‘Light’ Story: State Power Firm Ups Revenues From Rs 70 Crore In 2014 To Rs 2,000 Crore In Five Years

In the last four years of the NDA government, revenues of state-run Energy Efficiency Service Limited (EESL) have increased from Rs 70 crore to Rs 2,000 crore in FY19, an increase of over 2,750 per cent and profits after tax have doubled from Rs 50 crore (FY18)

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100 per cent electrification: PM Narendra Modi’s praise boosts morale

100 per cent electrification: PM Narendra Modi’s praise boosts morale

The energy department officials must be feeling elated over PM Narendra Modi’s praise on Sunday for 100% household electrification in the state before the nationwide target set for that.

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UP clears land transfer to Indian Oil Corp for Rs 800 crore ethanol plant

UP clears land transfer to Indian Oil Corp for Rs 800 crore ethanol plant

Public sector behemoth Indian Oil Corporation (IOC) will take 50 acre land on lease in Gorakhpur, the home turf of chief minister Yogi Adityanath, for setting up an ethanol plant costing nearly Rs 800 crore.

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Upward trend in fuel prices registered on Tuesday

Upward trend in fuel prices registered on Tuesday

Fuel prices witnessed a hike on Tuesday as petrol and diesel are retailing beyond Rs 77 and Rs 70 mark in major cities across the country. In the national capital, petrol is being sold for Rs 72.24 per litre while diesel costs Rs 67.64 a litre.

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Torrent Power seeks LNG cargo for March delivery

Torrent Power seeks LNG cargo for March delivery

India’s Torrent Power is seeking a liquefied natural gas (LNG) cargo for delivery in March, two industry sources said on Tuesday. The utility is seeking the cargo for delivery into Dahej terminal on March 26 on a delivered ex-ship (DES) basis, one of the sources said

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Crude oil futures rise to Rs 3,995 per barrel

Crude oil futures rise to Rs 3,995 per barrel

Crude oil futures rose by Rs 9 to Rs 3,995 per barrel in futures market Tuesday as speculators created fresh positions amid weak global cues. At the Multi Commodity Exchange, crude oil for delivery in March was trading higher by Rs 9, or 0.23 per cent,

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MSRTC to run buses on LNG, will save Rs 1,000 crore, says transport minister Diwavkar Raote

MSRTC to run buses on LNG, will save Rs 1,000 crore, says transport minister Diwavkar Raote

The Maharashtra State Road Transport Corporation (MSRTC), reeling under severe losses has decided to convert 18,000 buses in its fleet to run on Liquefied Natural Gas (LNG). The conversion will save Rs 1,000 crore annually, said transport minister Diwakar Raote.

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Oil prices drop as China cuts economic growth target, but OPEC-led cuts support

Oil prices drop as China cuts economic growth target, but OPEC-led cuts support

Oil prices fell on Tuesday as China cut its 2019 economic growthtarget, dimming the outlook for fuel demand, although OPEC-led efforts to cut output still offered some support.

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India is consuming LPG like never before! What's driving this phenomenon?

India is consuming LPG like never before! What's driving this phenomenon?

India is now the second largest consumer of liquefied petroleum gas (LPG) in the world, with LPG consumption in the country posting an average growth of 8.4%. And a lot of the credit goes to the government's push to provide clean cooking fuel to every household

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Pune-Nagpur Humsafar Express AC-3 tier train begins service from March 7! Schedule, route and features

Pune-Nagpur Humsafar Express AC-3 tier train begins service from March 7! Schedule, route and features

Indian Railways Pune-Nagpur Humsafar Express: The Central Railway zone of the Railway Ministry has introduced a new Humsafar Express! Union Railway Minister Piyush Goyal and Devendra Fadnavis,

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What is IRCTC iPay? Know how it will make online train ticket booking on irctc.co.in faster and easier

What is IRCTC iPay? Know how it will make online train ticket booking on irctc.co.in faster and easier

IRCTC iPay: Train ticket booking for Indian Railways gets more convenient with the new IRCTC iPay! Taking a step forward to promote Modi government’s Digital India initiative, the official e-ticketing arm of Indian Railways

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Larsen & Toubro construction arm bags multiple projects in Tamil Nadu, Jharkhand, Odisha

Larsen & Toubro construction arm bags multiple projects in Tamil Nadu, Jharkhand, Odisha

Infrastructure giant Larsen & Toubro (L&T) Tuesday said the water and effluent treatment business of its construction arm has bagged “major” projects in Tamil Nadu, Jharkhand and Odisha.

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All set for inauguration of Lucknow Metro operation on 23-km route on March 8

All set for inauguration of Lucknow Metro operation on 23-km route on March 8

The LMRC is all geared up for the inauguration of the 23-km North-South corridor on March 8. As part of this, Metro stations are being illuminated and painted aesthetically.

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Indian Railways revamps Lonavala station! Visit your favourite holiday destination in comfort; see pics

Indian Railways revamps Lonavala station! Visit your favourite holiday destination in comfort; see pics

Lonavala station redevelopment: Indian Railways in its mission to upgrade the railway infrastructure, is giving a new makeover to railway stations across the country. Recently, the national transporter has redeveloped the Lonavala railway station in Maharashtra.

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More Indian Railways train halts! Piyush Goyal approves 500 extra stops this year; here’s why

More Indian Railways train halts! Piyush Goyal approves 500 extra stops this year; here’s why

Additional stops for Indian Railways on way! Piyush Goyal-led Railway Ministry has fast-tracked approvals to MPs who have asked for additional train stops in their constituencies.

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Now, Karnataka set up have a real Malgudi railway station

Now, Karnataka set up have a real Malgudi railway station

However, now a real Malgudi is set to appear as the Indian Railways has decided to rename Arasalu railway station located 34 kms from Shivamogga and on the Shivamogga-Talaguppa railway line and in Hosanagar taluka.

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