GOOD EVENING INDIA

May 26, 2019, Sunday

Your Evening News Updates From Across The Media Space

New power tariff regulations a major positive for the sector, say experts

New power tariff regulations a major positive for the sector, say experts

Power industry experts have hailed the new tariff regulations announced by the central electricity regulator for the period between 2019 and 2024, welcoming several new guidelines.

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Renewable energy set for biggest growth in 5-10 years: Mytrah Energy chief

Renewable energy set for biggest growth in 5-10 years: Mytrah Energy chief

Mytrah Energy Limited chairman Ravi Kailas believes renewable energy industry is poised for the biggest growth in the next 5-10 years in India. In an interview with Business Standard, the company founder tells B Dasarath Reddy

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Tata Power-DDL ties up with European firms to implement smart grid pilot in Delhi

Tata Power-DDL ties up with European firms to implement smart grid pilot in Delhi

Tata Power-DDL Friday joined hands with European firms Enedis, Schneider Electric, Odit-e and VaasaETT to implement a 1-megawatt smart grid demonstration project in the national capital, which would be insulated from any blackout in the main grid.

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Vedanta's Sterlite Copper appoints new CEO amid battle to reopen India smelter

Vedanta's Sterlite Copper appoints new CEO amid battle to reopen India smelter

Vedanta Ltd on Friday named metals industry veteran Pankaj Kumar as Sterlite Copper chief executive, amid struggles to reopen its smelter in southern India that was shut after police killed 13 demonstrators protesting against the plant.

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This Company Gains From India’s Summer Power Woes

This Company Gains From India’s Summer Power Woes

As Indians brace for a summer with power fluctuations and outages, one firm stands to make cool gains. V-Guard Industries Ltd., the maker of voltage stabilisers, is expected to see a surge in demand as consumers

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'Need to strengthen Nagaland's electricity billing mechanism

'Need to strengthen Nagaland's electricity billing mechanism

The Power Department in Nagaland needs to strengthen its electricity billing and collection mechanism to increase revenue collection that would go a long way in improving the state's economy, Nagaland Commissioner and Secretary for Power Department, K D Vizo said Thursday.

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BHEL falls 2% on Nomura downgrade, target price cut

BHEL falls 2% on Nomura downgrade, target price cut

Bharat Heavy Electricals shares declined nearly 2 percent intraday on March 15 after global brokerage house Nomura downgraded the stock to reduce from neutral, citing weak thermal power outlook until FY22.

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Smart grid management in Rajasthan will be India’s first

Smart grid management in Rajasthan will be India’s first

GE Renewable Energy has bagged a grid modernization project by Rajasthan Rajya Vidyut Prasaran Nigam Limited (RRVPL) as part of the utility’s roadmap to augment renewable energy in the state.

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NTPC Issues Tender for Electric Vehicle Charging Stations

NTPC Issues Tender for Electric Vehicle Charging Stations

The National Thermal Power Corporation (NTPC) has invited bids to set up charging stations for electric vehicles (EVs) including buses and four-wheelers, on a turnkey basis.

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KKR, Yes Bank and BOI AXA may take control of CG Power

KKR, Yes Bank and BOI AXA may take control of CG Power

Gautam Thapar family may lose control of CG Power and Industrial Holdings after it defaulted on payments forcing private equity giant KKR to convert its loans into equity.

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Oil market in turmoil, non-OPEC nations led by US may help rescue

Oil market in turmoil, non-OPEC nations led by US may help rescue

The oil market will flip into a modest deficit from the second quarter of this year, with OPEC possessing a hefty supply cushion to prevent any price rally in case of possible supply disruptions, the International Energy Agency said on Friday.

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Who will win 2019 elections? Your petrol pump vendor may have an answer

Who will win 2019 elections? Your petrol pump vendor may have an answer

A petrol pump near you may hold clue to this year's election results. The UPA lost the 2014 elections, slipping on petrol prices. Four years later, the NDA finds itself in a similar spot.

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ONGC's Mumbai High, Vasai East came close to being sold, stopped after opposition

ONGC's Mumbai High, Vasai East came close to being sold, stopped after opposition

State-owned ONGC's nine biggest oil and gas fields, including Mumbai High and Vasai East, came tantalisingly close to being sold to private and foreign companies but the plan was nixed after strong opposition from within the government, sources said.

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How H-Energy implemented FSRU-based LNG regasification terminal: ETCIO Annual Conclave19

How H-Energy implemented FSRU-based LNG regasification terminal: ETCIO Annual Conclave19

Established in the year 2009, H-Energy has developed LNG regasification terminals and cross-country pipelines between the west coast and the east coast of India. It offers end-to-end natural gas solutions including LNG sourcing, re-gasification facilities and downstream deliveries based on customer preferences.

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Asian LNG prices dip to 3-year seasonal low

Asian LNG prices dip to 3-year seasonal low

Asian spot prices for liquefied natural gas (LNG) this week fell to their lowest for this time of the year since 2016 as more supply entered the market from Egypt and Australia, with the lower prices attracting Indian demand, trade sources said.

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Existing and proposed LNG terminals in India

Existing and proposed LNG terminals in India

India had four terminals receiving liquefied natural gas last year, with total capacity of 30 million tonnes a year, although taking in 21 million to 23 million tonnes, up 10 to 13 percent from 2017, according to data from the Petroleum Planning and Analysis Cell and shipping data.

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India LNG Demand Journey To Be Shaky, Slow Due To Infrastructure Limits

India LNG Demand Journey To Be Shaky, Slow Due To Infrastructure Limits

India's demand for liquefied natural gas (LNG) is set to rise by about 10 percent this year even as the country adds import capacity at a faster clip, because infrastructure constraints keep gas from getting to consumers and hinder growth rates.

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Petrol prices rise while diesel falls across cities; check rates here

Petrol prices rise while diesel falls across cities; check rates here

Petrol prices rose by 7 paise while diesel edged down about 10-11 paise across major cities on Friday. Petrol price in Mumbai stood at Rs 78.17 a litre while diesel was at Rs 70.42 per litre, at par with December 2018 levels.

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Soon, free movies and music in Mumbai local trains!

Soon, free movies and music in Mumbai local trains!

Commuters to enjoy free movies and music on Mumbai local trains soon! The central zone of Indian Railways is all set to offer free infotainment facility to passengers in local trains from this year.

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Govt issues circular to revive 'stuck' highway projects worth Rs 30,000 crore: Report

Govt issues circular to revive 'stuck' highway projects worth Rs 30,000 crore: Report

The Centre is planning to resolve “stuck” highway projects worth Rs 30,000 crore by allowing agencies like NHAI and NHIDCL to “foreclose” the contracts of such projects.

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Plan a summer trip with IRCTC! Bharat Darshan tourist train packages introduced for Goa, Rajasthan, Tirupati

Plan a summer trip with IRCTC! Bharat Darshan tourist train packages introduced for Goa, Rajasthan, Tirupati

Tourist packages by IRCTC: Planning a trip for summer vacation? If yes, then you can choose from various IRCTC tour packages! The Indian Railway Catering and Tourism Corporation (IRCTC),

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Spicejet, Jet Airways flights cancelled? Indian Railways advises people to opt for trains for ‘Max’ comfort

Spicejet, Jet Airways flights cancelled? Indian Railways advises people to opt for trains for ‘Max’ comfort

Indian Railways offers ‘Max’ comfort? Following the tragic mishap of Ethiopian Airlines’ 737 Max 8, all Boeing 737 Max 8 aircraft, which were being operated by airlines in India have been grounded.

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After Mumbai bridge collapse, NCP says scrap bullet train plan

After Mumbai bridge collapse, NCP says scrap bullet train plan

The NCP Friday demanded that the multi-billion dollar Mumbai-Ahmedabad bullet train project be scrapped, a day after a foot overbridge connected to iconic CSMT station collapsed here, killing six persons and injuring 31.

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First Shipment Under TIR Convention From Afghanistan Via Chabahar Reaches Ports In Mumbai And Mundra

First Shipment Under TIR Convention From Afghanistan Via Chabahar Reaches Ports In Mumbai And Mundra

The maiden shipment under the United Nations ‘Transports Internationaux Routiers’ (TIR) convention has reached India from Afghanistan via the Chabahar Port in Iran, reports DefenceNews.

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Holi gift by Indian Railways! 10 special trains from Delhi for Bihar, UP passengers; read full list here

Holi gift by Indian Railways! 10 special trains from Delhi for Bihar, UP passengers; read full list here

Sensing heavy rush in coming Holi festival on Delhi to Bihar and Uttar Pradesh routes, the Indian Railways has announced 10 special trains to meet the additional demand by the people of Bihar and UP earning their bread and butter in north India, especially Delhi and its suburbs.

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