​GOOD EVENING INDIA!

October 23, 2018, Tuesday

Your Evening News Updates From Across The Media Space 

 

Cabinet Nod Soon For Rs 50k Cr KUSUM Scheme On Solar Farming

Cabinet Nod Soon For Rs 50k Cr KUSUM Scheme On Solar Farming

The KUSUM scheme, with over Rs 50,000 crore government support to promote the use of solar power among farmers, is likely to get the Cabinet nod by this month end and will be rolled out in the first half this fiscal, a senior official said today.

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There Is No Energy Trajectory For India That Does Not Utilize Coal: Benjamin Sporton, World Coal Association

There Is No Energy Trajectory For India That Does Not Utilize Coal: Benjamin Sporton, World Coal Association

Renewable energy generation may have grown at a rapid pace in India in the past few years but coal will continue to occupy a significant role in the country's energy mix for a long time to come, Benjamin Sporton, Chief Executive Officer (CEO) of World Coal Association told ETEnergyWorld in an interview. Edited excerpts..

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Indian-Origin Businessman Wants To Bring Formula-1 Inspired EVs To India

Indian-Origin Businessman Wants To Bring Formula-1 Inspired EVs To India

Business tycoon Sanjeev Gupta could start building Formula 1-inspired electric vehicles in India and Australia early next decade, adding automobiles to his roster of global businesses that span steel-making to banking.

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AAI, Pune To Be On Solar Power By Mid-April

AAI, Pune To Be On Solar Power By Mid-April

The Airport Authority of India (AAI), Pune, has missed the deadline of March 31 that it had set for the completion of the 300 kWp solar power plant project.

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NuPower Renewables Is In The News For All The Wrong Reasons

NuPower Renewables Is In The News For All The Wrong Reasons

NuPower Renewables Pvt. Ltd founded by Deepak Kochhar is in the news for all the wrong reasons.

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Governance: Three-fold Spike In Land Costs Over Five Years Puts Brakes On Highway Development

Governance: Three-fold Spike In Land Costs Over Five Years Puts Brakes On Highway Development

A 300 per cent surge in land acquisition costs over the last five years, up from Rs 0.8crore per hectare in FY13 to Rs 3.20 crore during the first nine months of FY18, has impacted new projects in the country’s highways sector — one of the few infrastructure success stories under the NDA government.

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Tata Steel Offers Upfront Payment Of Rs35,200 Crore To Bhushan Steel

Tata Steel Offers Upfront Payment Of Rs35,200 Crore To Bhushan Steel

The insolvency resolution professional for Bhushan Steel Ltd on Monday told the National Company Law Tribunal (NCLT) that Tata Steel Ltd has offered an upfront payment of Rs35,200 crore to lenders, along with a 12.27% stake in the debt-laden steel maker.

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Petrol At Rs 73.95 A Litre In Delhi, Highest Since September 2013

Petrol At Rs 73.95 A Litre In Delhi, Highest Since September 2013

Petrol prices continued to spiral on Tuesday, touching a nearly five year high of Rs 73.95 per litre in Delhi. The previous high in the capital was Rs 74.10 a litre in September 2013.

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IGL Provides Record 150,000 Cooking Gas Connections

IGL Provides Record 150,000 Cooking Gas Connections

Indraprastha Gas Ltd, the firm that supplies CNG to automobiles and piped cooking gas to households in the national capital, today said it provided a record 1.5 lakh new cooking gas connections in the financial year ended March 31.

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Rise In Fuel Prices: BCIC Wants Petroleum Products Under GST

Rise In Fuel Prices: BCIC Wants Petroleum Products Under GST

Bangalore Chamber of Industry and Commerce has sought the intervention of GST Councilto arrest the rising prices of petroleum products by bringing petroleum products under the GST. In the two-month span, petroleum prices have increased by Rs.15 per litre of petrol in Bangalore while it is much higher in other parts of the country, the Chamber said.

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LNG Terminals Will Have To Register With PNGRB

LNG Terminals Will Have To Register With PNGRB

Oil regulator PNGRB has proposed that new LNG import terminal in the country should reserve a fifth of the capacity for third-party access on common carrier principle.

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Stubble Burning Doubles Delhi Pollution: Harvard Study

Stubble Burning Doubles Delhi Pollution: Harvard Study

Agricultural fires are to blame for about half of the pollution experienced in Delhi in October and November, a peak stubble burning season in Punjab, a Harvard study has found using satellite data from NASA.

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Petrol, Diesel Prices Hiked Sixth Day In A Row: All You Need To Know

Petrol, Diesel Prices Hiked Sixth Day In A Row: All You Need To Know

Petrol and diesel prices were hiked the sixth day in a row on Tuesday. The price of non-branded petrol was increased by 11-13 paise per litre in metro cities on Tuesday while diesel by 13-14 paise, according to Indian Oil, the biggest oil retailer in the country.

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How India’s Diesel, Petrol Prices Compare With Its Neighbours’?

How India’s Diesel, Petrol Prices Compare With Its Neighbours’?

Indians pay more for petrol and diesel than consumers in neighbouring countries.

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China Cuts Resources Tax On Shale Gas Production By 30 Per Cent

China Cuts Resources Tax On Shale Gas Production By 30 Per Cent

China has cut resources tax on shale gas production by 30 percent from April 1, the Ministry of Finance said on Tuesday, as the world's largest energy consumer aims to lift domestic gas supplies.

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Oil To Solar: Saudis Push To Be Renewable Energy Powerhouse

Oil To Solar: Saudis Push To Be Renewable Energy Powerhouse

Saudi engineers whip up a simulated sandstorm to test a solar panel's durability at a research lab, the heart of the oil-rich kingdom's multibillion dollar quest to be a renewable energy powerhouse.

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Grass-Fed Cars Move From Science Fiction To Reality In $15 Billion Market

Grass-Fed Cars Move From Science Fiction To Reality In $15 Billion Market

An oil refinery in a region in India that’s more famous for its tea plantations is hoping to put its abundant greenery to new use.

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With 100% Led Lights Installed In Stations, ECoR To Save Rs 1.35 Crore

With 100% Led Lights Installed In Stations, ECoR To Save Rs 1.35 Crore

In order to take forward the energy conservation measures, the East Coast Railway (ECoR) has completed installation of LED lights in all its stations under its jurisdiction. It has replaced the conventional lights with these LED lights.

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Big Blow For Mumbai, Metro Rollout Delayed, Here Is Why

Big Blow For Mumbai, Metro Rollout Delayed, Here Is Why

Despite smooth progress on civil works at two Metro corridors, the Mumbai Metropolitan Region Development Authority (MMRDA) revised its deadline from 2019 to 2020. The authority cited deadlock over procuring coaches for the Dahisar-DN Nagar Metro-2A and Andheri East-Dahisar East Metro -7 corridor as the primary reason behind revising the deadline.

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Bharat Bandh: Full List Of Trains Cancelled On Tuesday

Bharat Bandh: Full List Of Trains Cancelled On Tuesday

In view of protests by Dalits over the alleged dilution of the SC/ST Act, several trains across the country were cancelled on Tuesday. Over 100 passenger and mail train services were affected on Monday too due to the shutdown call by Dalits. The protesters blocked rail and road traffic and resorted to violence in Rajasthan, Odisha, Bihar, Jharkhand, Uttar Pradesh, Haryana and Delhi.

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Trial Run Of First India-Bangladesh Container Train Begins

Trial Run Of First India-Bangladesh Container Train Begins

The trial run of the first container train between India and Bangladesh was flagged off on Tuesday. The inaugural train was loaded with 60 containers, mainly carrying de-oiled cake which serves as a raw material for animal feed.

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Highway Construction Hits Record 10,000 Km In FY18

Highway Construction Hits Record 10,000 Km In FY18

Construction of national highways in India hit a record 10,000 km in the year ended March 31 after the government stepped up the pace of implementation and awarding contracts.

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