GOOD EVENING INDIA

March 25, 2019, Monday

Your Evening News Updates From Across The Media Space

MDO model catches up in coal sector to meet rising demand

MDO model catches up in coal sector to meet rising demand

With the private sector not allowed to do merchant mining of coal, the mine developer and operator (MDO) model is likely to dominate the Indian coal sector once all the mines allocated become operational in 5-6 years, official sources said.

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Legal processes to reopen Sterlite Copper plant underway: Vedanta

Legal processes to reopen Sterlite Copper plant underway: Vedanta

Vedanta Ltd Wednesday said legal processes are in progress through state courts for reopening Sterlite Copper plant in Tuticorin. The Tamil Nadu government had in May last year ordered the state pollution control board to seal and "permanently" close the mining group's copper plant following violent protests over pollution concerns.

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SunSource Energy to develop 70 MW solar project in Uttar Pradesh

SunSource Energy to develop 70 MW solar project in Uttar Pradesh

SunSource Energy on Wednesday said it will develop a 70 MW solar power project under the open access scheme in Uttar Pradesh. The power generated by the project will be sold to commercial and industrial customers through long-term Power Purchase Agreements (PPAs), a company statement said.

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Rs 1.1 lakh crore investment expected in wind energy projects over five years

Rs 1.1 lakh crore investment expected in wind energy projects over five years

India is likely to witness fresh investments worth Rs 1.1 lakh crore flowing into wind energy projects of 14-16 gigawatt (GW) capacity over five years through 2023.

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Alternative energy will soon replace main stream energy in UP: Minister

Alternative energy will soon replace main stream energy in UP: Minister

Announcing that the alternative energy like solar and biofuels would soon turn into a main stream energy source replacing the traditional thermal power, Uttar Pradesh Alternative Energy Minister Brijesh Pathak claimed that by the year 2020, the state would generate 10,700 megawatt of solar power.

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Power generation remains the only pain point for the mammoth Adani group

Power generation remains the only pain point for the mammoth Adani group

In a single stroke during the last week of February, Gautam Adani-led Adani Enterprises started on the journey to become the largest airport operator in India when it bagged contracts to operate five airports in the country.

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Two 660 MW units at Maharashtra's Koradi Thermal Power Station get cabinet nod

Two 660 MW units at Maharashtra's Koradi Thermal Power Station get cabinet nod

The state cabinet on Tuesday evening cleared Mahagenco’s proposal to set up two 660 MW units at Koradi Thermal Power Station (KTPS). It also sanctioned a Rs 563-crore revised renovation plan of 210 MW unit No. 6 at the plant.

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Solar safeguard duty: What it holds for India

Solar safeguard duty: What it holds for India

Solar is expected to become the leading resource for energy generation in the near future with the industry likely to become a major contributor to the country’s gross domestic product and the ‘Make in India’ initiative.

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NEEPCO gets two more power projects in Meghalaya

NEEPCO gets two more power projects in Meghalaya

The Meghalaya government has decided to hand over two power projects to government-owned North East Electric Power Corporation (NEEPCO), Power Minister James Sangma said on Wednesday

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Banks risk adding $25 billion in power sector NPAs on Supreme Court decision

Banks risk adding $25 billion in power sector NPAs on Supreme Court decision

A year after the Reserve Bank of India (RBI) tightened the screws on companies delaying debt payments, the Supreme Court is poised to begin hearing arguments on whether the banking regulator’s diktat applies across industries.

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UT seeks report on steps taken to meet power supply demand in summer

UT seeks report on steps taken to meet power supply demand in summer

The UT administration has sought report from the electricity department for arrangements to meet the demand of power supply in the peak summer season.

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IGL to supply piped cooking gas, CNG in three UP districts

IGL to supply piped cooking gas, CNG in three UP districts

City gas distributor, Indraprastha Gas Ltd (IGL), today announced it has received the Letter of Intent from the downstream petroleum regulator to lay city gas distribution (CGD) network in the districts of Fatehpur, Hamirpur and the unauthorised areas of Kanpur in Uttar Pradesh.

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Crude oil declines 0.92% on subdued global cues

Crude oil declines 0.92% on subdued global cues

Crude oil prices fell 0.92 per cent to Rs 3,968 per barrel in futures trading Wednesday as speculators reduced bets amid a weakening trend overseas. At the Multi Commodity Exchange, crude oil for delivery in March fell by Rs 37, or 0.92 per cent, to Rs 3,968 per barrel in a business volume of 15,825 lots.

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Nitin Khara, CMD & CEO, Confidence Petroleum India speaks on the Time Techno pact for LPG tanks

Nitin Khara, CMD & CEO, Confidence Petroleum India speaks on the Time Techno pact for LPG tanks

Nitin Khara, CMD & CEO, Confidence Petroleum India speaks on the Joint venture with Time Techno for LPG tanks. This venture plans to build blast resistance LPG tanks. Listen in!

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Will natural gas play the game-changer in India's energy future?

Will natural gas play the game-changer in India's energy future?

In 2012-13, the share of natural gas in India's energy mix was around 10.5 per cent. Surprisingly, despite the fact that the Narendra Modi-led government had set a goal of taking this share to 15 per cent by 2022, the contribution of natural gas in the country's energy basket has declined to almost 6.5 per cent now.

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Petrol and Diesel Prices remain unchanged

Petrol and Diesel Prices remain unchanged

On Wednesday (March 6), After six consecutive days of price hike, state-run oil marketing companies kept retail petrol prices stagnant while diesel prices also remained unchanged across the major cities. In national capital Delhi,

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Vande Bharat Express: Indian Railways adopting European methods to clean India’s “first green” train

Vande Bharat Express: Indian Railways adopting European methods to clean India’s “first green” train

Vande Bharat Express: The newly introduced semi-high speed Train 18 or Vande Bharat Express is also India’s “first green” train, states an HT report. Indian Railways is adopting several measures in an attempt to minimise the use of harmful chemicals while cleaning the 160 kmph capable engine-less train.

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ICF to roll out over 3000 coaches this fiscal, among largest railcar builders in world

ICF to roll out over 3000 coaches this fiscal, among largest railcar builders in world

The Integral Coach Factory of the Indian Railways manufactured 301 coaches in February, taking the total for this fiscal to 2,919, putting it among the largest railcar builders in the world, senior railway officials claimed on March 6.

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India’s first Delhi-Ghaziabad-Meerut Regional Rapid Rail Transit System approved! Check route map

India’s first Delhi-Ghaziabad-Meerut Regional Rapid Rail Transit System approved! Check route map

The Union Cabinet recently approved India’s first Regional Rapid Rail Transit (RRTS) between Delhi-Ghaziabad-Meerut with Metro in Meerut. This 82 Km stretch will be covered in less than 60 minutes by highspeed, high-frequency, safe, reliable, comfortable and green public transit.

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L&T Construction bags large orders from Bangalore Metro Rail Corporation

L&T Construction bags large orders from Bangalore Metro Rail Corporation

Infrastructure giant Larsen & Toubro (L&T) on Wednesday said the heavy civil infrastructure business of its construction arm has bagged "large" contracts from Bangalore Metro Rail Corporation Ltd

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Indian Railways passengers note! Get 5% bonus on recharge through R-wallet for unreserved ticket booking

Indian Railways passengers note! Get 5% bonus on recharge through R-wallet for unreserved ticket booking

Unreserved ticket booking by R-wallet: Big news for Indian Railways passengers! Piyush Goyal-led Railway Ministry has taken a step to enhance digitization in Indian Railways.

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PM expected to inaugurate Delhi Metro’s Blue Line extension on Friday

PM expected to inaugurate Delhi Metro’s Blue Line extension on Friday

Prime Minister Narendra Modi is expected to inaugurate the 6.6-km Delhi Metro Blue Line extension on March 8, official sources said. The prime minister is also slated to inaugurate the 9.4-km-long Dilshad Garden-New Bus Adda section, an extension of the Red Line on Friday.

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Maharashtra Cabinet Approves Thane Metro Project, Majorly Powered By Solar Energy; Here Are Fare, Project Details

Maharashtra Cabinet Approves Thane Metro Project, Majorly Powered By Solar Energy; Here Are Fare, Project Details

A 29 km Thane metro project was cleared by the Maharashtra Cabinet on Tuesday (5 March), Press Trust of India has reported. This project would be implemented by the Maha Metro on behalf of the Thane Municipal Corporation.

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Bengaluru Metro: L&T To Start Work On Vellara Junction-Pottery Town Underground Stretch In Six Months

Bengaluru Metro: L&T To Start Work On Vellara Junction-Pottery Town Underground Stretch In Six Months

Civil works on Namma Metro’s Vellara Junction-Pottery Town 5.63-km underground stretch is likely to begin in about six months, reports Economic Times. The Rs 2,628-crore project was awarded to Larsen & Toubro by the Bangalore Metro Rail Corporation Limited (BMRCL).

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