​GOOD EVENING INDIA!

June 19, 2018, Tuesday

Your Evening News Updates From Across The Media Space 

MUST READ

Economy To Double To $5 Trillion By 2025, Says Finance Ministry

Economy To Double To $5 Trillion By 2025, Says Finance Ministry

India is on track to doubling the size of its economy to $5 trillion by 2025, the finance ministrysaid on Monday while asserting that the inflation target set by the Reserve Bank will not be breached.

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JSW Steel To Invest $500 Million In U.S. Operations

JSW Steel To Invest $500 Million In U.S. Operations

India's JSW Steel Ltd said on Monday it would spend $500 million to build out its U.S. operations in Texas, amid heightened global trade tensions following U.S President Donald Trump's decision to pursue steep import tariffs.

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Surat Becomes First District To Have 100% Solar Powered Health Centres

Surat Becomes First District To Have 100% Solar Powered Health Centres

At a time when global warming is mounting with each passing day, Gujarat’s Surat district has switched to solar power to combat the issue.

 

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Indian Solar Tender In Gujarat Oversubscribed 3 Times - Report

Indian Solar Tender In Gujarat Oversubscribed 3 Times - Report

Gujarat Urja Vikas Nigam Limited’s (GUVNL) recent tender for 500 MW of grid-connected solar projects has been oversubscribed three times, the Times of India reports.

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NHPC Completes 50MW Solar Project In Tamil Nadu

NHPC Completes 50MW Solar Project In Tamil Nadu

Indian state-run power firm National Hydroelectric Power Corporation (NHPC) has completed a 50MW solar PV project in the state of Tamil Nadu, according to a Bombay Stock Exchange filing.

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Global Electricity Demand Up 3.1 Per Cent In 2017; China, India Account For 70 Per Cent: IEA

Global Electricity Demand Up 3.1 Per Cent In 2017; China, India Account For 70 Per Cent: IEA

Global electricity demand witnessed a 3.1 per cent jump in 2017 with major contribution coming from China and India. The two nations together accounted for 70 per cent of the rise, International Energy Agency said in a report.

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Coal Is In Decline Globally, But Asia Is Driving New Plant Development

Coal Is In Decline Globally, But Asia Is Driving New Plant Development

While the number of coal-fired power plants built worldwide has fallen over the past two years, Asia leads the world in building new coal power.

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Now, India Is The Third Largest Electricity Producer Ahead Of Russia, Japan

Now, India Is The Third Largest Electricity Producer Ahead Of Russia, Japan

India’s electricity production grew 34% over seven years to 2017, and the country now produces more energy than Japan and Russia, which had 27% and 8.77% more electricity generation capacity installed, respectively, than India seven years ago.

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BHEL Wins EPC Order For 75 MW Solar Photovoltaic (SPV) Plant; Largest SPV Power Plant To Be Set Up By BHEL Till Date

BHEL Wins EPC Order For 75 MW Solar Photovoltaic (SPV) Plant; Largest SPV Power Plant To Be Set Up By BHEL Till Date

In what will be it’s largest Solar PV project till date, Bharat Heavy Electricals Limited (BHEL) has won an order for setting up a 75 MW Solar Photovoltaic (SPV) Power Plant on Engineering, Procurement and Construction (EPC) basis, in Gujarat.

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Europe Spot Power Contracts Dip On Increased Wind Forecast

Europe Spot Power Contracts Dip On Increased Wind Forecast

European spot electricity contracts for day-ahead delivery slipped on Monday on the back of forecasts for an increase in electricity production from renewable wind turbines.

 

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Was There Something Special About French President Emmanuel Macron’s Visit To India? Nothing New; Here’s Why

Was There Something Special About French President Emmanuel Macron’s Visit To India? Nothing New; Here’s Why

It is not surprising that the great takeaway of French president Emmanuel Macron’s recent visit to India relates to nuclear power. India has an old connection with the French on energy.

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India's Oil Import Bill To Jump By 25 Per Cent In Current Fiscal

India's Oil Import Bill To Jump By 25 Per Cent In Current Fiscal

India's oil import bill is likely to jump by a quarter to USD 87.7 billion in the current fiscal year which ends this weekend as international oil prices have surged.

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With EVs, Will Oil Demand Fall? Find What Number Says

With EVs, Will Oil Demand Fall? Find What Number Says

As the auto industry is betting big for electric vehicles mainly to maintain cost, cut oil consumption, and reduce pollution.

 

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IMC Wins Nod For Kakinada-Nellore Gas Pipeline

IMC Wins Nod For Kakinada-Nellore Gas Pipeline

Chennai-based IMC Ltd has won oil regulator PNGRB’s nod to lay a natural gas pipeline from Kakinada in Andhra Pradesh to Nellore in Tamil Nadu.

 

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Japan's Marubeni Sells Part Of Its Stake In Eagle Ford Shale Oil Assets

Japan's Marubeni Sells Part Of Its Stake In Eagle Ford Shale Oil Assets

Japan's Marubeni Corp said on Monday it has sold part of its interests in the Eagle Ford shale oil and gas assets in Texas to two U.S. independent oil and gas developers for an undisclosed sum.

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China Launches First Ever Yuan-Denominated Oil Futures Contract; Posts More Than 6% Jump

China Launches First Ever Yuan-Denominated Oil Futures Contract; Posts More Than 6% Jump

China launched its first ever yuan-denominated oil futures contract in Shanghai on Monday, marking the first time foreign investors will have access to Chinese commodity futures as the world`s top crude importer seeks greater influence over global prices.

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80% Designing Of Bullet Train Bridges, Tunnels Done, Says Official

80% Designing Of Bullet Train Bridges, Tunnels Done, Says Official

The work on the country’s first high-speed bullet train between Ahmedabad and Mumbai is on in full swing with the designing of bridges and tunnels progressing well, a senior official has said.

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Cold Shoulder To FPIs Costs India A $54 Trillion Opportunity In Bond Market

Cold Shoulder To FPIs Costs India A $54 Trillion Opportunity In Bond Market

Last year, Beijing allowed overseas investors to access local-currency securities via its so-called Bond Connect. On Friday, Bloomberg LP announced the inclusion of Chinese government and policy-bank debt in the Bloomberg Barclays Global Aggregate Index.

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With Rotating Chairs And Coffee Makers, Mumbai-Ahmedabad Bullet Train Is All About Fancy Things: Details Inside

With Rotating Chairs And Coffee Makers, Mumbai-Ahmedabad Bullet Train Is All About Fancy Things: Details Inside

The country would be witnessing a launch of some new services with the introduction of the Mumbai-Ahmedabad bullet train in India.

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Globalisation Going Through Revisionary Phase, Says Commerce And Industry Minister Suresh Prabhu

Globalisation Going Through Revisionary Phase, Says Commerce And Industry Minister Suresh Prabhu

Globalisation is going through a phase where countries were “revisiting and re-evaluating” their role in it, Commerce and Industry Minister Suresh Prabhu said on Monday.

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Two Electric Trains To Run Between Wadi-kalaburgi Daily

Two Electric Trains To Run Between Wadi-kalaburgi Daily

South Central Railway (SCR) has announced that the electrification works of Wadi – Kalaburagi Railway line under Solapur Division in Central Railway has been completed and two electric trains would run every day.

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Railways To Beautify Haridwar, Doon Stations With Local Culture, History

Railways To Beautify Haridwar, Doon Stations With Local Culture, History

The Indian Railways have decided to upgrade Haridwar and Dehradun railway stations by showcasing elements of local culture and history on their premises besides improving basic amenities.

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