​GOOD EVENING INDIA!

October 17, 2018, Wednesday

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

Flexible Use Of Coal By Power Plants Led To Saving Of Rs 646 Cr

Flexible Use Of Coal By Power Plants Led To Saving Of Rs 646 Cr

The flexible use of domestic coal by power plants has resulted in savings of Rs 646 crore in the April-February period of the ongoing fiscal.

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Centre To Get Rs 8,044 Cr As Dividend From CIL

Centre To Get Rs 8,044 Cr As Dividend From CIL

The Central government is expected to get Rs 8,044 crore as interim dividend from state-owned Coal India Ltd for the fiscal year 2017-18.

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Delta To Invest USD 150 Million In India

Delta To Invest USD 150 Million In India

Delta Electronics India is looking at investments of over a US$150 million in India. In support of the government’s electric mobility drive, the energy management company.

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PowerGrid Inks Pact With SBI For Rs 5,000 Crore Loan

PowerGrid Inks Pact With SBI For Rs 5,000 Crore Loan

State-owned Power Grid Corp said that it has entered into an agreement with State Bank of India for Rs 5,000 crore term loan for meeting its capital expenditure.

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India’s First Hydrogen Fuel Cell Powered Bus From Tata Motors Is Here! Made In India Bus Only Emits Water

India’s First Hydrogen Fuel Cell Powered Bus From Tata Motors Is Here! Made In India Bus Only Emits Water

Tata Motors in collaboration with Indian Oil Corporation has flagged off trials of India's very first Hydrogen Fuel Cell Bus.

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Indian Solar Sector Raised Over $10 Billion In Financing During 2017

Indian Solar Sector Raised Over $10 Billion In Financing During 2017

In 2017, the Indian solar sector logged over $10 billion (~₹650 billion) in financing activity, according to Mercom Capital Group’s recently released 2017 Q4 and Annual India Solar Market Update.

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NTPC Is Now A 52000 MW Plus Company; Commissions Third Unit Of 800 Me Kudgi Super Thermal Power Station

NTPC Is Now A 52000 MW Plus Company; Commissions Third Unit Of 800 Me Kudgi Super Thermal Power Station

India’s largest power generator NTPC Ltd. has commissioned 3rd unit of the 800 MW Kudgi Super Thermal Power Station with effect from March 12, 2018.

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Rs 47,000 Crore Privte Power For Gujarat In Six Years

Rs 47,000 Crore Privte Power For Gujarat In Six Years

The state purchased electricity worth a staggering Rs 47,000 crore from five private companies in the last six years, the Opposition Congress said in the assembly on Monday.

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NLC India To Invest Rs 1.3 Trillion To Increase Mining, Power Capacity

NLC India To Invest Rs 1.3 Trillion To Increase Mining, Power Capacity

NLC India, a Navaratna company that comes under the Union coal ministry, has lined up a capital expenditure of Rs 1.29 trillion for increasing its mining and power generation capacity.

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Spot Power Price Nearly Doubles In Past 1 Month

Spot Power Price Nearly Doubles In Past 1 Month

India’s daily average spot electricity price has nearly doubled over the last one month and is close to Rs 5 per unit, according to executives of India Energy Exchange, the country’s biggest electricity exchange.

 

 

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US Applauds India On International Solar Alliance

US Applauds India On International Solar Alliance

The United States today applauded India for its efforts in initiating and inaugurating the International Solar Alliance (ISA).

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Petrol Price In India Today Up By 2 Paisa; Global Crude Tumbles

Petrol Price In India Today Up By 2 Paisa; Global Crude Tumbles

There is a reverse trend in international crude prices, as oil prices tumble on Tuesday. In India, the state-owned Oil companies have decided to increase petrol prices by 2 paisa each per litre in various state capitals.

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Indian Oil Refiners Up 1-5% As Global Crude Price Declines

Indian Oil Refiners Up 1-5% As Global Crude Price Declines

Shares of state-owned oil refiners rose 1-5% as prices of crude oil in the global markets fell on Monday. The prices fell after latest data showed that crude oil output in the US is expected to rise this year.

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India's Oil Imports From Venezuela Hit Lowest In Over Five Years

India's Oil Imports From Venezuela Hit Lowest In Over Five Years

Indian imports of oil from Venezuela have fallen to their lowest levels in over half a decade, shipping and industry data showed, as a severe economic and political crisis hits crude output in the South American OPEC member.

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Reliance Industries Seeks Collaboration With Estonia For E-Governance Solutions

Reliance Industries Seeks Collaboration With Estonia For E-Governance Solutions

In a meeting with an Estonian government delegation, Chairman and Managing Director of Reliance Industries (RIL) Mukesh Ambani on Tuesday expressed his desire to collaborate with the country to develop better e-governance solutions for India.

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Final Hearing In Cairn Energy Tax Issue In August

Final Hearing In Cairn Energy Tax Issue In August

Final hearing in Cairn Energy Plc.’s challenge to a Rs10,247 crore retrospective tax demand raised by India will begin in August in The Hague, the British firm said on Monday.

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Vedanta Appoints Former SEBI Chairman UK Sinha As Independent Director

Vedanta Appoints Former SEBI Chairman UK Sinha As Independent Director

Metals and mining giant Vedanta today said it has appointed former SEBI chairman U K Sinha as an independent director on the company's Board.

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At $232 Billion, Petrochina, World’s Third Largest Oil Major, Is Seen Cheap

At $232 Billion, Petrochina, World’s Third Largest Oil Major, Is Seen Cheap

With its earnings outlook improving and massive pipeline assets expected to be restructured, analysts are forecasting a rally in PetroChina Co.’s Hong Kong shares, which are still trading at 2008 crisis levels.

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Oil Minister Pradhan To Inaugurate Delhi Energy Dialogue 2018

Oil Minister Pradhan To Inaugurate Delhi Energy Dialogue 2018

Dharmendra Pradhan, Minister for Petroleum and Natural Gas, will inaugurate the Delhi Energy Dialogue 2018, on March 14, organised by Ashden India Collective(AIC) in alliance with Climate Parliament.

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GAIL, HPCL Seek Ap Govt Funds For `32,901-cr Petrochem Complex

GAIL, HPCL Seek Ap Govt Funds For `32,901-cr Petrochem Complex

Oil PSUs want Andhra Pradesh government to provide viability gap funding for them to set up a Rs 32,901-crore petrochemical complex in the state, Oil Minister Dharmendra Pradhan said on Monday.

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CAG Audit Reveals Lapses In Rly Track Maintenance

CAG Audit Reveals Lapses In Rly Track Maintenance

Railways needs to strengthen track safety measures as an audit has revealed several lapses in maintenance plans, inspection schedules and usage of high-end machines procured to detect track defects, according to a CAG report tabled in Parliament today.

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Tech To Protect Rail Systems From Cyber Threats

Tech To Protect Rail Systems From Cyber Threats

Rail transport is undergoing a huge transformation thanks to automated, wireless and connected technologies that whoosh passengers down the tracks faster and more efficiently than ever before possible.

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Staggering 265-Fold Hike In Labour Levy At Ports Killing Coastal Shipping

Staggering 265-Fold Hike In Labour Levy At Ports Killing Coastal Shipping

The government's practice of continuing to charge notional labour cess on coastal cargo operations, despite the fact that most ports are now mechanised and do not require manpower for loading and unloading.

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Panic Triggers After Manduadih Express Catches Fire In Etawah

Panic Triggers After Manduadih Express Catches Fire In Etawah

Panic broke out when Manduadih Express heading from Varanasi towards New Delhi suddenly halted at Bharthana station as one of its coaches caught fire on Tuesday morning.

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Railways’ Spending-Income Gap Highest In Last 18 Years: CAG Report

Railways’ Spending-Income Gap Highest In Last 18 Years: CAG Report

In what has been affecting Indian Railways maneuvering power in terms of providing better facilities to its passengers.

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Selfie With Century-Old Railway Engine In Sambalpur

Selfie With Century-Old Railway Engine In Sambalpur

The Sambalpur Railway Division of the East Coast Railway has installed a century-old locomotive engine in the park and made arrangements for the public to take photographs with it.

 

 

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Hiring Across Sectors To Go Up: Survey

Hiring Across Sectors To Go Up: Survey

In good news for employees, hiring activity is expected to remain favourable across sectors for April-June 2018, a survey which tracked over 4,600 employers said, with wholesale and retail anticipating the strongest net employment outlook.

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Better Safety For Passengers With Railway Toll-Free Helpline

Better Safety For Passengers With Railway Toll-Free Helpline

With a view to strengthening safety of passengers and check crimes against women in trains and stations, the Railways launched 24x7 helpline which will be tracked on real-time basis across the country.

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Southern Railway Rebuts Reports Of Being Tardy In Implementing Swachh Bharat Mission

Southern Railway Rebuts Reports Of Being Tardy In Implementing Swachh Bharat Mission

Southern Railway has rebutted reports that it has not been showing interest in implementing the Swachh Bharat Mission, a pet project of the Narendra Modi Government.

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