GOOD EVENING INDIA

December 10, 2018, Monday

Your Evening News Updates From Across The Media Space 

NCLT Allows New Claims Of Rs 8 Bn Against Monnet Ispat & Energy

NCLT Allows New Claims Of Rs 8 Bn Against Monnet Ispat & Energy

The National Company Law Tribunal’s (NCLT) Mumbai bench on Tuesday morning instructed the resolution professional (RP), appointed to oversee Monnet Ispat and Energy Ltd (MIEL), to consider the new claims made against the corporate debtor and place them before the committee of creditors (CoC).

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How Narendra Modi’s Biggest Tax Reform GST Is Hurting His Own Solar Power Dream

How Narendra Modi’s Biggest Tax Reform GST Is Hurting His Own Solar Power Dream

With an aim to light up the country with solar power, Narendra Modi-led government plans to achieve the target of 175 GW of installed renewable energy capacities by 2022. However, the road ahead doesn’t appear to be trouble-free for the government’s pet National Solar Mission

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Swaraj To Attend NAM Ministerial Meeting In Azerbaijan

Swaraj To Attend NAM Ministerial Meeting In Azerbaijan

External Affairs Minister (EAM) Sushma Swaraj will pay an official visit to Azerbaijan from April 4-6 at the invitation of the Minister of Foreign Affairs of the Republic of Azerbaijan, Elmar Mammadyarov, the Ministry of External Affairs (MEA) announced on Tuesday.

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World Leader To Bid Aggressively For India’s First ISTS Solar Projects

World Leader To Bid Aggressively For India’s First ISTS Solar Projects

First Solar India, the Indian subsidiary of world’s largest solar panel manufacturer First Solar, plans to participate in India’s first inter-state transmission system (ISTS) bids for projects being invited by Solar Energy Corporation of India (SECI) and National Thermal Power Corporation (NTPC). The ISTS-based bidding is unique in the sense that the developer will have to mandatorily build the electricity …

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BHEL-NTPC Recalibrating Turbines To Use Domestic Coal In Bigger Measure: Piyush Goyal

BHEL-NTPC Recalibrating Turbines To Use Domestic Coal In Bigger Measure: Piyush Goyal

Public sector majors NTPC (National Thermal Power Corporation) and BHEL (Bharat Heavy Electricals Limited) are both working for recalibrating turbines to use domestic coal in bigger measure, union coal and railway minister Piyush Goyal said at an ASSOCHAM event held here last night.

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BSES Delhi Discoms Procure 200 Megawatt Wind Power At Low Rate

BSES Delhi Discoms Procure 200 Megawatt Wind Power At Low Rate

Delhi electricity distribution company (discom) BSES announced it has signed a power sale agreement (PSA) with the Solar Energy Corp of India(SECI) to procure 200 MW at competitive rates.

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In 3 Months, Goa Power Department Snaps 4,000 Connections, Rakes In Rs 100 Crore

In 3 Months, Goa Power Department Snaps 4,000 Connections, Rakes In Rs 100 Crore

The goa electricity department, in the month of March, disconnected 1,223 connections of both domestic and commercial bill defaulters, some of whom have not cleared their dues for years. More than 60% (748) of these connections were temporarily disconnected while the rest (475) have been permanently disconnected where the meters have also been disabled.

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L&T, Two Other Companies Bag Uttar Pradesh Power Meter Deal

L&T, Two Other Companies Bag Uttar Pradesh Power Meter Deal

Infrastructure major Larsen and Toubro (L&T), Genus Power and Allied Engineering have bagged a contract to supply 10 million pre-paid meters to Uttar Pradesh under the Saubhagya scheme, which aims to add more than 40 million households to the power grid by December this year.

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India, South Korea Cut Trade Surpluses With Us As Donald Trump Rails

India, South Korea Cut Trade Surpluses With Us As Donald Trump Rails

As President Donald Trump railed against a growing trade deficit last year, two countries in Asia quietly cut their bilateral surpluses with the US It’s unclear what they got in return.

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Deepak Kochhar’s NuPower Weighs Sale Of Its Wind Power Plants

Deepak Kochhar’s NuPower Weighs Sale Of Its Wind Power Plants

NuPower Renewables Pvt. Ltd is exploring the sale of its wind power portfolio, said two people aware of the development.

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Indian Power Plants Face Crisis As Indonesian Coal Prices Go Up Steeply

Indian Power Plants Face Crisis As Indonesian Coal Prices Go Up Steeply

A fresh crisis seems to be brewing for coal-fired power stations in the country as a sharp increase in the price of the dry fuel in prime import market of Indonesia is fast making projects run on overseas coal redundant.

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Crisil Warns About Prices For Discoms

Crisil Warns About Prices For Discoms

The electricity spot prices are expected to flare up further in summers causing pain for state-owned power distribution companies.

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Hatsun, Zuari Cement Held Stakes In A Unit Of Deepak Kochhar’s NuPower

Hatsun, Zuari Cement Held Stakes In A Unit Of Deepak Kochhar’s NuPower

A clutch of 17 companies from auto parts maker Motherson Sumi to Zuari Cement and several Tamil Nadu based firms — including Hatsun Agro, CavinKare, Dhandapani Cements and TRIL Infopark — together owned about 29% stake in a subsidiary of Deepak Kochhar’s NuPower Renewables as of March 31, 2017, according to data available with the Registrar of Companies (RoC).

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Teslas Do Not Have Black Boxes, Making Crash Probes Harder

Teslas Do Not Have Black Boxes, Making Crash Probes Harder

When a Tesla Inc. Model X slammed into a concrete highway barrier in California last month, the vehicle’s computers contained a wealth of information about the moments leading to the fatal accident. The problem for U.S. accident investigators is that the information wasn’t easily accessible. The data stored on the Tesla is in a proprietary format that can only be …

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Erdogan, Putin Mark Start Of Work On Turkey's First Nuclear Power Plant

Erdogan, Putin Mark Start Of Work On Turkey's First Nuclear Power Plant

The leaders of Turkey and Russia marked the official start of work to build Turkey's first nuclear power station on Tuesday, launching construction of the $20 billion Akkuyu plant in the southern province of Mersin.

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Europe's Clocks 'Back On Time' After Electricity Grid Fixed

Europe's Clocks 'Back On Time' After Electricity Grid Fixed

Europe's digital clocks are "back on time" after its power operators compensated for a shortfall in the continent's electricity grid because of a row between Serbia and Kosovo, the operators said Tuesday.

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After 'One Paisa' Bids Fiasco, PNGRB Changes Bid Norms For CNG, PNG Retail Licence

After 'One Paisa' Bids Fiasco, PNGRB Changes Bid Norms For CNG, PNG Retail Licence

After 'one paisa' bids spoilt the initial auction rounds, oil regulator PNGRB has radically changed the bidding parameters for obtaining a licence to retail CNG and piped cooking gas in cities. The Petroleum and Natural Gas Regulatory Board (PNGRB),

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Comment- Why Diesel Prices Are At All-Time High While Oil Prices Are At Half Their Peak Level

Comment- Why Diesel Prices Are At All-Time High While Oil Prices Are At Half Their Peak Level

A record high diesel price means different things to different people. For the consumer, it’s obviously a reason to worry. For the government, it’s one more problem to add to a growing list, so much so that the superstitious among its supporters may see several signs that its four-year run of luck has ended. And for the opposition, whose voice is growing louder by the day, it’s a godsent opportunity to corner Prime Minister Narendra Modi.

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Opinion: Pare Petroleum Taxes - But Not Just Yet

Opinion: Pare Petroleum Taxes - But Not Just Yet

As news of petroleum fuel retail prices hitting new highs every passing day hits the consumer, expectation builds up that the government would cushion the impact by paring the tax component in the final retail price.

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Oil Inches Lower On Expectations For US Crude Stock Build

Oil Inches Lower On Expectations For US Crude Stock Build

Oil prices slipped on Wednesday on expectations for a build-up in US crude inventories, but Russian government comments on prospects for stepping up cooperation with OPEC to coordinate output cuts braked steeper declines.

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Air Pollution, Waste Management Continue To Be Areas Of Concern: TERI Report

Air Pollution, Waste Management Continue To Be Areas Of Concern: TERI Report

Air pollution and waste management continue to be areas of concern and in 2016, over 68 per cent of air quality monitoring sites exceeded the annual ambient concentration level of PM2.5, according to a report by TERI.

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Gadkari Changes Lane To Boast Road Feat In Election Year

Gadkari Changes Lane To Boast Road Feat In Election Year

After a change in GDP for­mula that helped the Narendra Modi government paint a rosier picture of the economy, it has now been decided to adopt new norms for calculating highway construction.

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This Indian Railways Segment Achieves Led Target Before Date

This Indian Railways Segment Achieves Led Target Before Date

The East Coast Railway (ECoR) has completed the installation of 100 per cent LED lightings in all its stations a week before the target, an Indian Railway official said. Due to the installation of LED lights in all the stations, the ECoR is expected to save about 21 lakh units of energy approximately

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IRCTC Tatkal Ticket Booking Rules 2018: Indian Railways Makes Changes; Here Are Details In Brief

IRCTC Tatkal Ticket Booking Rules 2018: Indian Railways Makes Changes; Here Are Details In Brief

IRCTC Tatkal ticket booking rules 2018: Tatkal tickets are for those who want to travel on an urgent basis. However, now travellers may get confused while booking tickets, as the IRCTC has introduced new rules. Keeping in mind the requirement for the last minute tickets,

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Train Reaches 100 KMPH Speed In First-Ever Trial Run On Western Dedicated Freight Corridor

Train Reaches 100 KMPH Speed In First-Ever Trial Run On Western Dedicated Freight Corridor

Moving a step forward towards commissioning the Western Dedicated Freight Corridors (DFC), the Dedicated Freight Corridor Corporation of India Ltd recently carried out the first trial run of an Indian Railways locomotive on the 190 km stretch of the corridor’s Ateli-Phulera section.

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India Has Over 37,000 Railway Bridges That Are 100 Years Old

India Has Over 37,000 Railway Bridges That Are 100 Years Old

There are over 37,000 railway bridges which are 100 years old with almost 32 per cent of them being in the Northern Zone, the government informed Parliament on Wednesday.

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