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September 24, 2018, Monday

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MORNING NEWS UPDATES ON POWER/COAL/MINES/RE/OIL AND GAS/INFRASTRUCTURE AND TRANSPORTATION

MUST READ DAVOS DIARY

Narendra Modi Aims To Double Size Of Indian Economy By 2025

Story of the Day: Narendra Modi Aims To Double Size Of Indian Economy By 2025

Narendra Modi struck a bullish note with his opening address at the World Economic Forum in Davos, as he set a target for the Indian economy to double in size over the next seven years.

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PM Modi, Jaitley Brought About Revolutionary Changes: Piyush Goyal

PM Modi, Jaitley Brought About Revolutionary Changes: Piyush Goyal

Union Minister of Railways and Coal Piyush Goyal on Tuesday said that the real 'Bing Bang' happened under the leadership of Prime Minister Narendra Modi and Union Finance Minister Arun Jaitley, who brought about revolutionary changes.

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Global Investors Welcome To Participate In Railways Upgrade: Piyush Goyal

Global Investors Welcome To Participate In Railways Upgrade: Piyush Goyal

Promising a major technological and modernisation upgrade at railways, Union Minister Piyush Goyal said there are plans to equip the entire rail network with Wi-Fi and CCTV system and foreign investors are welcome to participate in this growth story.

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Davos 2018: Pace Of Reforms In India Encouraging To Investors, Says Piyush Goyal

Davos 2018: Pace Of Reforms In India Encouraging To Investors, Says Piyush Goyal

Railways Minister, Piyush Goyal from the sidelines of World Economic Forum in Davos said there is a lot of buzz about India’s presence at WEF and the pace of reforms in the country is encouraging to foreign investors.

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Davos WEF 2018: Renewable Energy Volumes To Stabilise Wind Tariffs, Says Suzlon MD Tulsi Tanti

Davos WEF 2018: Renewable Energy Volumes To Stabilise Wind Tariffs, Says Suzlon MD Tulsi Tanti

Falling wind power tariffs will stabilise over time with a surge in renewable energy sold through competitive bidding, said Tulsi Tanti, chairman of wind turbine maker Suzlon Energy Ltd.

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Andhra Pradesh to set up LED lights in all villages: CM Chandrababu Naidu

Naidu Meets Suzlon CMD At Davos

Chief Minister N. Chandrababu Naidu held bilateral talks with Suzlon Chairman and Managing Director (CMD) Tulsi Tanti at Davos on Tuesday.

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Union Minister Dharmendra Pradhan Says Skilling A Key Priority Area For Government

Union Minister Dharmendra Pradhan Says Skilling A Key Priority Area For Government

Union minister Dharmendra Pradhan today said skill development and promoting entrepreneurship is a key priority area for the government and it is linking this initiative with other programmes like upgrade of rail network and providing all households with power and cooking gas supply.

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Large Power Consumers May Not Have To Bear Cross-Subsidy Charges: RK Singh

Large Power Consumers May Not Have To Bear Cross-Subsidy Charges: RK Singh

The government is planning to remove cross-subsidy charges levied on large power consumers, power minister RK Singh said on Wednesday, offering a major relief to industrial and commercial establishments.

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Power Finance Corp Gives Rs 1,351 Cr Financial Aid To Bihar Grid Company

Power Finance Corp Gives Rs 1,351 Cr Financial Aid To Bihar Grid Company

State-run Power Finance Corp(PFC) today said it has sanctioned a financial assistance of Rs 1,350.69 crore to Bihar Grid Company for a transmission line project.

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Diversify Agriculture Into Energy Sector: Nitin Gadkari

Diversify Agriculture Into Energy Sector: Nitin Gadkari

There is need to diversify agriculture into energy sector in order to increase farmers' income and reduce the country's dependence on petroleum products, Union Minister Nitin Gadkari said today.

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Budget 2018: Renewable Energy Sector Needs Investment Push

Budget 2018: Renewable Energy Sector Needs Investment Push

The Union Budget 2018 is around the corner. As a vital component of a nation’s infrastructure, energy production is at the core of its economic progress.

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E-Cars Will Help Save 4 Times More Than Estimated Earlier: Report

E-Cars Will Help Save 4 Times More Than Estimated Earlier: Report

Electric vehicles powered with cent per cent renewable energy can help save close to Rs 40,000 in fuel cost annually -- four times more than what was estimated earlier, says a new report.

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Essar Oilfields Awarded CMB Well Drilling Contract By ONGC

Essar Oilfields Awarded CMB Well Drilling Contract By ONGC

Essar Oilfields aims to become significant partner in India’s energy security; Company’s MR#11 land rig to drill 30 wells in ONGC’s CBM block in Bokaro, Jharkhand

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Petrol Price Over Rs 80 Per Litre, It May Not Get Cheaper Anytime Soon

Petrol Price Over Rs 80 Per Litre, It May Not Get Cheaper Anytime Soon

After three and a half years, the petrol price in Mumbai breached the Rs 80 per litre mark on Monday, and hit Rs 80.30 per litre today, while the prices in Delhi, Kolkata and Chennai are Rs 72.43 per litre, Rs 75.13 and Rs 75.12 respectively.

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ONGC Borrows Rs 4,000 Cr From ICICI Bank For Buying HPCL

ONGC Borrows Rs 4,000 Cr From ICICI Bank For Buying HPCL

State-owned Oil and Natural Gas Corp (ONGC) has borrowed Rs 4,000 crore from ICICI Bank on top of over Rs 18,000 crore it has taken from three other banks to part finance its Rs 36,915 crore acquisition of HPCL.

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Essar Oilfields Bags Rs 32 Crore Order From ONGC

Essar Oilfields Bags Rs 32 Crore Order From ONGC

Essar Oilfields Services India Ltd today said it has won a Rs 32 crore contract from state- owned Oil and Natural Gas Corp (ONGC) to drill 30 wells at a coal-bed methane (CBM) block in Bokaro, Jharkhand.

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Nitin Gadkari Urges ILFS To Explore Rail Alignment In Zojila Tunnel

Nitin Gadkari Urges ILFS To Explore Rail Alignment In Zojila Tunnel

Union Minister Nitin Gadkari today urged IL&FS Transportation to explore the possibility of a rail alignment also in the Zojila pass tunnel project to provide all weather connectivity between Srinagar, Kargil and Leh in Jammu and Kashmir, an official said.

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Railways Banks On Outreach Scheme To Put A Plug On Nuisance Along Lines

Railways Banks On Outreach Scheme To Put A Plug On Nuisance Along Lines

The Railways is now banking much on its outreach programme to put a stop on the practice of open defecation on the train tracks.

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Mumbai: Central Railway To Demolish 166 Illegal Religious Structures Near Railway Tracks

Mumbai: Central Railway To Demolish 166 Illegal Religious Structures Near Railway Tracks

Some 166 illegal religious structures built on the premises of the Central Railway (CR) in Mumbai will be demolished after Mumbai High Court gave its nod.

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Western Railway Installs Sanitary Pad Dispensers For Its Women Employees

Western Railway Installs Sanitary Pad Dispensers For Its Women Employees

The Western Railway (WR) has installed sanitary napkin vending machines and incinerators for its women employees in six divisions, including its headquarters at Churchgate in Mumbai, an official said on Wednesday.

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