GOOD EVENING INDIA

December 12, 2018, Wednesday

Your Evening News Updates From Across The Media Space 

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India Lost Whopping Rs 375 Crore In Budget Session, More Than Border Infrastructure Allocation

India Lost Whopping Rs 375 Crore In Budget Session, More Than Border Infrastructure Allocation

With 250 working hours lost in the Lok Sabha and the Rajya Sabha, the Budget Session was a complete washout. Both Houses of Parliament in the Budget Session adjourned sine die on Friday with merely five of 19 starred questions replied orally by Ministers in the Rajya Sabha,

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IEF meet cements India’s pole position in global energy map

IEF meet cements India’s pole position in global energy map

India is hosting the 16th ministerial round of International Energy Forum, a grouping of 72 member countries accounting for almost 90% of global supply and demand for oil and gas, in yet another proof of New Delhi’s pole position in the world energy market.

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7 power dept offices in N Goa, 6 in S Goa to run on solar energy

7 power dept offices in N Goa, 6 in S Goa to run on solar energy

The Goa Energy Development Agency (GEDA) has identified 13 sub-division offices of the Goa electricity department in the state that will be solar powered. Six sub-division offices in South Goa and seven in North Goa will have grid connected rooftop solar plants.

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Marginal rise in wind tariffs in latest 2,000 Megawatt SECI auction

Marginal rise in wind tariffs in latest 2,000 Megawatt SECI auction

Wind tariffs climbed marginally in the latest reverse auction of 2,000 MW held by Solar Energy Corporation of India (SECI) on Thursday, with winning tariffs reaching Rs 2.51-2.52 per unit. This was marginally higher than the tariff of Rs 2.44-2.45 per unit reached at the last SECI auction, also for 2000 MW, held in February.

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ICCI Bank-Videocon loan case: Things to know about Rajeev Kochhar

ICICI Bank-Videocon loan case: Things to know about Rajeev Kochhar

Avista Advisory group, a Singapore based company owned by Rajeev Kochhar, is said to have helped ICICI Bank clients in restructuring their foreign loans. On Thursday, the Central Bureau of Investigation stopped Kochhar at the Mumbai airport and questioned him. But who is Rajeev Kochhar?

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Two closed industrial units figure in pollution board’s star ratings in Maha

Two closed industrial units figure in pollution board’s star ratings in Maha

Bringing various discrepancies to the fore, environmentalists have trashed the data on the basis of which industries all over the state were given star ratings. The “latest” data, which was reportedly provided by the Maharashtra Pollution Control Board (MPCB), even gives rating to two Chandrapur-based industries which are non-functional.

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Waste-to-energy plant work at Moshi depot to begin in May

Waste-to-energy plant work at Moshi depot to begin in May

The waste-to-energy (WTE) plant at the Moshi garbage depot will be a successful project as the calorific value of garbage is very high, said Sanjay Kulkarni, executive engineer of PCMC’s environment department.

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ContourGlobal seeking equity partner for new Kosovo coal plant

ContourGlobal seeking equity partner for new Kosovo coal plant

London-listed power generator ContourGlobal hopes to secure an equity partner for its new coal-fired power plant in Kosovo by the end of the year or early 2019, the company CEO told Reuters on Thursday.

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China leads global solar energy investment as US, Europe lag

China leads global solar energy investment as US, Europe lag

More money was invested in new solar energy plants last year than in any other power source, with China responsible for much of the boom, according to a report published Thursday by the U.N. Environment Program.

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Gencos Move CERC to Pass on Costs

Gencos Move CERC to Pass on Costs

Power generation companies have approached electricity regulator for allowing them to pass on their investments made in equipment to meet stringent environmental norms to consumers. The power ministry is also likely to come out with a clarification soon to help the projects secure finance from banks for upgradation.

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Tanzania launches 240 MW power plant in bid to ease shortages

Tanzania launches 240 MW power plant in bid to ease shortages

Tanzania launched a power plant this week with a capacity of 240 megawatts (MW), part of a plan to end chronic energy shortages in East Africa's third-biggest economy.

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Solar power eclipsed fossil fuels in new 2017 generating capacity-UN

Solar power eclipsed fossil fuels in new 2017 generating capacity-UN

Chinese solar power led a record 157 gigawatts (GW) of new renewable energy capacity added worldwide last year, more than double the amount of new generation capacity from fossil fuels, a U.N.-backed report showed on Thursday.

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Singapore's GIC says to raise investment in Indian renewable firm Greenko

Singapore's GIC says to raise investment in Indian renewable firm Greenko

Singapore's GIC could pump more money into Indian renewable energy firm Greenko Energy Holdings, which could help it double or triple its power capacity over the next 3-5 years, a senior GIC official said on Thursday.

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ONGC Mangalore Petrochemicals seals naphtha deal in first import tender since 2015

ONGC Mangalore Petrochemicals seals naphtha deal in first import tender since 2015

ONGC Mangalore Petrochemicals is owned by Mangalore Refinery and Petrochemicals and parent company Oil and Natural Gas Corp. File Photo: Bloomberg

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Hindustan Oil Exploration to increase production by more than three-fold

Hindustan Oil Exploration to increase production by more than three-fold

HOEC is a debt-free company with a cash balance of Rs 1.3 billion ...

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ONGC may gain Rs 1,500 crore in H1 with natural gas price hike

ONGC may gain Rs 1,500 crore in H1 with natural gas price hike

The recent price hike of natural gas by the centre may result in an additional revenue of Rs 1500 crore to the state-owned ONGC Limited during the first half of the current fiscal, said global rating and research agency Moody s.

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India records lowest crude oil production in seven years

India records lowest crude oil production in seven years

India produced 32,642 million tonne crude oil in the eleven months between April 2017 and March 2018, a marginal 1 per cent decline as compared to the output in the same period last fiscal (April-Feb 2016-17), and a record seven year low, according to data sourced from the Petroleum Planning and Analysis Cell (PPAC), an arm of the oil ministry.

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Pakistan resumes fuel oil imports after four-month halt ahead of demand pickup

Pakistan resumes fuel oil imports after four-month halt ahead of demand pickup

Pakistan State Oil (PSO) this week issued its first fuel oil import tender for the year after suspending purchases at the end of 2017 ahead of an expected pickup in demand during summer.

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Saudi Arabia's May crude oil price hike for Asia confounds traders

Saudi Arabia's May crude oil price hike for Asia confounds traders

State oil giant Saudi Aramco deviated from its usual pricing formula by increasing Arab Light's official selling price for May by 10 cents per barrel to a premium of $1.20 a barrel to the average of Oman and Dubai quotes.
...

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Obama-era clean-air rule on methane emissions blocked again

Obama-era clean-air rule on methane emissions blocked again

An on-again, off-again effort to restrict harmful methane emissions on federal lands is off - again.

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S.Korea sees natural gas demand growing to over 40 mln T by 2031

S.Korea sees natural gas demand growing to over 40 mln T by 2031

South Korea expects its natural gas demand to rise to over 40 million tonnes in 2031, driven by higher household and industrial consumption of the fuel, the energy ministry said on Thursday.

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Small oil producer in Middle East announces biggest discovery in decades

Small oil producer in Middle East announces biggest discovery in decades

Bahrain announced on Wednesday that it discovered at least 80 billion barrels of crude oil in a shale reserve.

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Railways Inducts 3 Track Maintenance Machines

Railways Inducts 3 Track Maintenance Machines

The railways has inducted three state-of-the-art machines into its fleet to improve the safety, reliability and economy in maintenance of tracks.

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Karnataka State okays higher Floor Space Index for Railway Stations

Karnataka State okays higher Floor Space Index for Railway Stations

In order to ensure 50 per cent funding for the suburban rail project by the Centre, the state government has recently given a nod to provide the Floor Space Index of 5 sought by the Railways on the land near its stations. FSI refers to the total area on a plot which can be built.

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Indian Railways Will Soon Make Your Vacation Travel In These Beauty Spots Even More Pleasant

Indian Railways Will Soon Make Your Vacation Travel In These Beauty Spots Even More Pleasant

Trains running on the three heritage railway lines in the hills will soon have air-conditioned coaches, Chairman Railway Board Ashwani Lohani said on Thursday. While the Darjeeling Himalayan Railway or the Toy rain’ has successfully conceived, developed and run two air-conditioned narrow gauge coaches from April 1, the other two, Lohani said, would have air-conditioned coaches in the next three-four months.

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IRCTC Tatkal ticket booking norms changed by Indian Railways

IRCTC Tatkal ticket booking norms changed by Indian Railways

IRCTC Tatkal ticket booking In an attempt to help travellers, Indian Railway Catering and Tourism Corporation (IRCTC) has decided to introduce new norms for booking Tatkal tickets, which are booked by those who want to travel on an urgent basis.

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Railways to restart Special Service between Panipat-Delhi for women soon

Railways to restart Special Service between Panipat-Delhi for women soon

Haryana Women and Child Development Minister Kavita Jain today assured that the services of a special Indian Railways train for women would soon be restarted between Panipat and Delhi for convenience of the female passengers.

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