GOOD EVENING INDIA

June 20, 2018, Wednesday

Your Evening News Updates From Across The Media Space 

Telangana To Spend Rs 38,000 Crores For Three Power Projects

Telangana To Spend Rs 38,000 Crores For Three Power Projects

Telangana power utilities are spending nearly Rs 38,000 crore for setting up three power projects with a combined capacity of 5880 MW in the state. A press release from TS Transco CMD, D Prabhakar Rao said, a 24-hour power scheme will be successfully implemented from January 1 onwards for as many as 23 lakh agriculture pump sets in Telangana. "TSGENCO …

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Power cuts get longer as summer sets in

Power cuts get longer as summer sets in

Summer has just begun but blackouts have already started getting longer as spot power prices rise sharply, leaving financially weak utilities struggling to cope with rising demand.

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World's top miner plans to hire 21,000 women, rectify imbalance

World's top miner plans to hire 21,000 women, rectify imbalance

BHP has a workforce of about 65,000, including contractors, of which 18% are female. Based on these numbers, its target would mean an additional 21,000 women employed by the middle of the next decade, including both its own staff and contractors
...

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Roof-top Solar panels atop bus stops to help cut SMC’s power bills

Roof-top Solar panels atop bus stops to help cut SMC’s power bills

Roof-top solar power generating systems with 200KW capacity will be installed on 156 BRTS bus stops in the city. A private company into the business of solar power generation will install the system and maintain it for a period of 25 years. The Surat Municipal Corporation (SMC) will purchase the power produced at concessional rates

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Wind energy capacity addition declines under auction regime

Wind energy capacity addition declines under auction regime

While the onset of wind auctions from early last year has led to greater transparency in the determination of wind tariffs, the transition has also sharply reduced wind capacity addition in 2017-18. The capacity added has only been 1,739.14 MW through the year against a target of 4,500 MW, and far less than the 5,400 MW added in 2016-17 or even the 3,460 MW achieved in 2015-16.

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CIL may hike salaries of executives in 2 months

CIL may hike salaries of executives in 2 months

Coal India (CIL) is likely to hike the salaries of executives in the next two months, a move that will result in an additional annual outgo of Rs 1,000 crore, its chief Gopal Singh said today.

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In a first in Andhra, Vizianagaram collectorate switches to solar power

In a first in Andhra, Vizianagaram collectorate switches to solar power

The Vizianagaram district collectorate is now completely powered by solar energy, making it the first collectorate in Andhra Pradesh to have made this switch. It invested over Rs 93 lakhs to make this change. This move will help the collectorate cut down about 110 metric tonnes of green house gas emissions every year.

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My Main Concern Is How To Keep Up With Growing Power Demand: Rk Singh

My Main Concern Is How To Keep Up With Growing Power Demand: Rk Singh

India state utility companies made losses of $9 billion. We know that part of this is led by power sold to non-remunerative agriculture residential consumers among other factors. Is it possible to undertake price hikes in such a tight scenario?

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Andhra Pradesh: Kavali Nuclear Power Project Proposal Gains Momentum

Kavali Nuclear Power Project Proposal Gains Momentum

Kovvada Nuclear Park Project Director G Venkata Ramesh, who is on a two-day visit to Tirupati, said that the nuclear power project reports of AP sent by the State government, have been cleared by the Centre. Speaking to Express here on Wednesday,

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NMDC To Ramp Up Iron Ore Output To Feed Steel Demand

NMDC To Ramp Up Iron Ore Output To Feed Steel Demand

Financial Express reported that to cater to the steel industry’s growing appetite for iron ore, state owned miner NMDC has decided to raise production capacity to 67 million tonnes per annum by 2021-22. The company is producing nearly 30 million tonnes of iron ore from three fully mechanised mines two in Chhattisgarh and one in Karnataka its homepage showed.

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Numetal, Arcelor Seek To Cancel Each Other’s Essar Steel Bid

Numetal, Arcelor Seek To Cancel Each Other’s Essar Steel Bid

The battle for India’s biggest asset under the Insolvency and Bankruptcy Code intensified with Numetal Mauritius and ArcelorMittal, two of the bidders for Essar Steel Ltd, seeking disqualification of each other before the Ahmedabad bench of National Company Law Tribunal (NCLT).

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Freyr Energy Completes First-of-Its-Kind Solar Power Project In Manipur

Freyr Energy Completes First-of-Its-Kind Solar Power Project In Manipur

Hyderabad-based solar solutions provider Freyr Energy has announced the completion of 640 KW solar roof-top projects in Manipur.

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Vestas Taps Car Battery Know-how For Wind And Solar Power Storage

Vestas Taps Car Battery Know-how For Wind And Solar Power Storage

The world's largest wind turbine maker Vestas is tapping into experience from the car battery industry to try to address the challenge of using erratic wind and solar energy to meet a growing share of power demand.

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BHP Says To Quit Global Coal Lobby Group, Stick With U.S. Chamber Of Commerce

BHP Says To Quit Global Coal Lobby Group, Stick With U.S. Chamber Of Commerce

Global miner BHP Billiton said on Thursday it had made a final decision to leave the World Coal Association (WCA) over differences on climate change but would remain a member of the U.S. Chamber of Commerce.

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NITI Aayog Submits Draft Cabinet Note On Zero-Emission Vehicles

NITI Aayog Submits Draft Cabinet Note On Zero-Emission Vehicles

NITI Aayog has submitted a draft Cabinet note on developing a strategy for zero emission vehicles and ancillary technology, Parliament was informed today.

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Cabinet Approves Rightsizing Of Competition Commission Of India

Cabinet Approves Rightsizing Of Competition Commission Of India

The Cabinet has approved rightsizing of antitrust watchdog Competition Commission of India (CCI) by halving the number of its members to three.

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Why CLSA Prefers ONGC Over Oil India

Why CLSA Prefers ONGC Over Oil India

Oil & Natural Gas Corporation Ltd. is a better bet than Oil India Ltd. among state-run explorers as crude oil rises, CLSA said.

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BP Sees 5-10 Percent Of Global Earnings From India

BP Sees 5-10 Percent Of Global Earnings From India

Oil giant BP Plc expects almost a tenth of its global earnings from India over the next decade as it bets big on natural gas output, marketing and renewable initiatives in the subcontinent, a top regional executive of the company said.

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Petrol Price In India Today Up By 3 Paisa Each; Check Rates In Delhi, Mumbai, Other Metros

Petrol Price In India Today Up By 3 Paisa Each; Check Rates In Delhi, Mumbai, Other Metros

Petrol price in India today: After keeping petrol prices unchanged on previous day, the state-owned Oil Companies on Thursday, decided to hike the price of the product by 3 paisa per litre in various state capital of India. The state-owned oil companies have limited to room to deduct prices of petrol,

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Bahrain Says New Discovery Contains An Estimated 80 Bln Barrels Of Tight Oil

Bahrain Says New Discovery Contains An Estimated 80 Bln Barrels Of Tight Oil

A new discovery off the coast of Bahrain is estimated to contain at least 80 billion barrels of tight oil, the kingdom's biggest ever find, its oil minister said on Wednesday.

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The Impact Of The Gas Price Hike For Producers

The Impact Of The Gas Price Hike For Producers

Domestic gas prices were increased by nearly 6% for April-September 2018 on a gross calorific value basis to $3.06 per million British thermal units (mBtu).

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Oil Spill That Caused Indonesia Fire Was Due To Broken Pipe

Oil Spill That Caused Indonesia Fire Was Due To Broken Pipe

An oil spill that caused a fire that killed five people and sickened hundreds in an Indonesian port city came from a broken pipe the state-owned energy company was using to transfer crude oil, police said Thursday.

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ONGC Floats First Tender For Boosting Mature Fields’ Output Under PEC Contracts

ONGC Floats First Tender For Boosting Mature Fields’ Output Under PEC Contracts

Oil and Natural Gas Corporation Ltd (ONGC), India’s state-run petroleum explorer, has invited a global tender for undertaking work to boost production from mature fields under Production Enhancement Contracts (PEC).

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ONGC To Get Rs 800 Crore Boost From Gas Price Hike; Oil To Gain Rs 100 Cr

ONGC To Get Rs 800 Crore Boost From Gas Price Hike; Oil To Gain Rs 100 Cr

The latest 6 per cent hike in natural gas prices announced by the government would lead to a Rs 800 crore bonanza for state-run petroleum explorer Oil and Natural Gas Corporation (ONGC) and Rs 100 crore for Oil India Ltd (OIL) annually by way of higher revenue.

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Battery Makers Worry Lithium Will Replace Oil In The Import Bill

Battery Makers Worry Lithium Will Replace Oil In The Import Bill

EnerBlu has only recently started building its first battery manufacturing plant in the US, but its chief strategy officer, Robert Pedraza, is already eyeing the Chennai Metropolitan Transport Corporation as a potential customer.

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L&T's Construction Arm Bags Orders Worth Rs 3,376 Crore Across Segments

L&T's Construction Arm Bags Orders Worth Rs 3,376 Crore Across Segments

Larsen & Toubro (L&T) today said its construction arm has won orders worth Rs 3,376 crore across business segments.

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Cabinet chaired by Prime Minister apprised of India, UAE Technical Cooperation in Rail Sector

Cabinet chaired by Prime Minister apprised of India, UAE Technical Cooperation in Rail Sector

The Union Cabinet, chaired by Prime Minister Narendra Modi, was on Wednesday apprised of an agreement between India and United Arab Emirates (UAE) on technical cooperation in rail sector on Wednesday.

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Railways to construct an Underground Railway Station at Teesta along the Sevoke-Rangpo rail link to Sikkim

Railways to construct an Underground Railway Station at Teesta along the Sevoke-Rangpo rail link to Sikkim

The railways have decided to construct an underground railway station at Teesta along the Sevoke-Rangpo rail link to Sikkim, 86 per cent of which will run through tunnels.

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ICF/Chennai creates a New Manufacturing Record by making over 2500 Coaches in FY 2017-18

ICF/Chennai creates a New Manufacturing Record by making over 2500 Coaches in FY 2017-18

Integral Coach Factory (ICF) in Chennai has created a new manufacturing record by making over 2,500 coaches in the financial year 2017-18. Not only that, the factory has crossed another milestone in the production history of Indian Railways. ICF Chennai surpassed the target of 2,464 coaches, which was fixed by Railway Board and made a record out-turn of 2,503 coaches. Moreover, 73 per cent of the total production were stainless steel coaches.

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Eastern Peripheral Expressway: PM Modi To Inaugurate India’s First ‘smart, Green’ Highway; 10 Cool Facts

Eastern Peripheral Expressway: PM Modi To Inaugurate India’s First ‘smart, Green’ Highway; 10 Cool Facts

India’s first “smart and green highway” is ready for inauguration! Prime Minister Narendra Modi is going to inaugurate the Eastern Peripheral Expressway (EPE) this month, which will be the nation’s very first smart and green highway.

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Highlights of the Southern Railway’s Performance during 2017-18

Highlights of the Southern Railway’s Performance during 2017-18

Shri R.K. Kulshrestha, General Manager, Southern Railway has conducted a Press Meet to brief the performance of Southern Railway during 2017-18 in various areas of Zonal Railway working, its targets, and the milestones achieved YTD (2017-18):

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NHAI May Compensate Some Projects Affected By Bharatmala

NHAI May Compensate Some Projects Affected By Bharatmala

The National Highways Authority of India (NHAI), to ensure smooth implementation of the ambitious Bharatmala project, is working on a policy to compensate brownfield projects that have either reached traffic maturity or are likely to be impacted by the over Rs5-trillion roads project.

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BEML To Open Excellence Centre For Railways In Bengaluru

BEML To Open Excellence Centre For Railways In Bengaluru

State-run Bharat Earth Movers Ltd (BEML) will set up a centre of excellence for the Indian Railways here to test its equipment and coaches, a top official has said.

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Indian Railways Garners Rs 1.65 Lakh Crore From Highest-Ever Freight Loading

Indian Railways Garners Rs 1.65 Lakh Crore From Highest-Ever Freight Loading

Indian Railways has posted its best ever freight loading in FY18, allowing it to post a total traffic earnings of Rs 1.65 lakh crore, an increase of Rs 10,000 crore over the total traffic revenue of FY17.

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