GOOD EVENING INDIA

October 18, 2018, Thursday

Your Evening News Updates From Across The Media Space 

Powergrid Secures Project Management Consultancy Contract in Bangladesh

Powergrid Secures Project Management Consultancy Contract in Bangladesh

Team EnergyInfraPost In a significant move, Powergrid Corporation of India Limited, has secured the Project Management Consultancy Contract for Construction of 1x500 MW HVDC Back to Back Station at Comilla North (Bangladesh).

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Bhel Could See 75% Growth In Revenues In Q3 And Q4:former Cmd

Bhel Could See 75% Growth In Revenues In Q3 And Q4:former Cmd

How are you looking at the rise in the order flows for the cap good sector up -- 70% on a year on year basis -- that is closer to 3 lakh crore? Would you attribute it mainly to the base effect or is there a change in the trend here?

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LTTS bags ExxonMobil deal, expects $20 mln revenues in 1st yr

LTTS bags ExxonMobil deal, expects $20 mln revenues in 1st yr

L&T Technology Services (LTTS) today said it has bagged a multi-million deal from ExxonMobil Exploration Company, which will deliver revenues of USD 20 million in the first year. The company, a listed subsidiary of EPC major Larsen & Toubro, will help geoscientists with improved data availability, enhancing the speed and efficiency of analysis and evaluation, it said in a statement. …

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Chhattisgarh's Maoist-hit village gets electricity after 15 years

Chhattisgarh's Maoist-hit village gets electricity after 15 years

A village in Maoist-hit district of Sukma is getting re-electrified after the ultra-left rebels destroyed the power supply infrastructure 15 years ago.

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SBI to invest Rs 8,000 crore in 900 Mw hydro power project in Nepal

SBI to invest Rs 8,000 crore in 900 Mw hydro power project in Nepal

The State Bank of India (SBI) will be investing a total of Rs 80 billion in the Arun III hydropower project of Nepal, which has 900 megawatts (MW) electricity production capacities.

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RS 2,000 crore loan default: NCLT appoints IRP for East Coast Energy

RS 2,000 crore loan default: NCLT appoints IRP for East Coast Energy

East Coast Energy had failed to establish the controversial Kakrapalli thermal power project, and after land allocation, witnessed a massive agitation in Srikakulam district of Andhra Pradesh.
...

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India needs healthy macro-economic envt to become $10 tn economy: Eco Affairs Secy

India needs healthy macro-economic envt to become $10 tn economy: Eco Affairs Secy

India will have to create and nurture a very healthy and supportive macro-economic environment to become $10 trillion economy by 2030, Economic Affairs Secretary Subhash Chandra Garg today said here.

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Hamlet on hillock to get water using solar power

Hamlet on hillock to get water using solar power

Residents of Tekra Faliya in Harkhod village in Naswadi taluka, which is only 5km from Sardar Sarovar Dam, have been walking down 3km daily from their hillock to fetch water. But will soon embrace solar motor pumps to quench their thirst as the district administration is set to install three solar hand pumps there in the next few days.

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25 buildings in Kerala to get smart electricity meters under pilot

25 buildings in Kerala to get smart electricity meters under pilot

The Kerala State Electricity Board Ltd (KSEBL) is planning to start installation of smart meters in 25 buildings in the district as part of a pilot scheme.

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Bank silent on Deepak Kochhar’s dealings with Videocon’s Dhoot

Bank silent on Deepak Kochhar’s dealings with Videocon’s Dhoot

ICICI Bank stayed mum on revelations that its managing director Chanda Kochhar was not aware of her husband Deepak Kochhar’s business dealings with Videocon group chairman Venugopal Dhoot.

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With an eye on debt, Tata Sons set to discuss M&A plans of group companies

With an eye on debt, Tata Sons set to discuss M&A plans of group companies

The board of Tata Sons, the holding company of the diversified conglomerate, will discuss the various mergers and acquisitions (M&A) plans of the Tata group, especially with regard to the debt that it will be running up, said two people with direct knowledge of the development.

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No power in PMC’s 25 bio-gas plants

No power in PMC’s 25 bio-gas plants

The Pune Municipal Corporation (PMC) is claiming that they have successfully started 25 plants across the city to produce biogas from waste. But, a study done by a group of politicians and activists has revealed that none of these plants are actually producing electricity according to the plan.

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Coal India talks with union leaders on private mining fail

Coal India talks with union leaders on private mining fail

The government has assured Coal India union leaders that the company would remain dominant even after private commercial mining begins, but workers have decided to go ahead with the April 16 strike.

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Power rate hike in open market to push PSPCL's purchase bill

Power rate hike in open market to push PSPCL's purchase bill

The sudden rise in the cost of power in the open market seems to have become a cause of concern for the Punjab State Power Corporation Limited (PSPCL) as this might increase its power purchase bill during the current fiscal.

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Oil trades below $63 as investors assess US-China trade battle

Oil trades below $63 as investors assess US-China trade battle

Oil is losing steam after rising more than 5% last month as US President Donald Trump repeatedly raised the stakes against China, rattling markets in recent weeks
...

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Petrol price in India today down 3-4p; Delhi rate below Rs 74 per litre, check other metro cities

Petrol price in India today down 3-4p; Delhi rate below Rs 74 per litre, check other metro cities

Petrol price in India today: After weeks of hiking in petrol prices, the state-owned Oil Companies on Monday, surprisingly trim down the price of the product in the range of 3 paisa to 4 paisa each per litre in various state capital of India. The state-owned oil

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Oil steadies after Friday's falls, but trade disputes still weigh

Oil steadies after Friday's falls, but trade disputes still weigh

Oil markets stabilised on Monday after slumping around 2 percent last Friday on the back of concerns of an intensifying trade dispute between the United States and China, as well as increased U.S. drilling activity.

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Average price of US gas rises 8 cents, to $2.74 a gallon

Average price of US gas rises 8 cents, to $2.74 a gallon

The average U.S. price of regular-grade gasoline shot up 8 cents a gallon over the past two weeks to $2.74.

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9 crore new LPG connections provided in 4 years: Dharmendra Pradhan

9 crore new LPG connections provided in 4 years: Dharmendra Pradhan

Union Minister Dharmendra Pradhan on Saturday said that nine crore new LPG (liquefied petroleum gas) connections have been distributed in the last four years, including 3.5 crore connections provided under the Pradhan Mantri Ujjwala Yojana (PMUY).
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India-Nepal To Get Closer, Thanks To New Railway Link And Inland Waterways!

India-Nepal To Get Closer, Thanks To New Railway Link And Inland Waterways!

According to a statement released by the Ministry of External Affairs, the India-Nepal Joint Working Group (JWG), has regularly been convening to discuss train services on the ongoing cross-border rail-link projects and will identify the requirements of operating train services on these cross-border rail links and go on to finalise other factors.

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Reliance Infra bags Rs 1,081 crore contract for Kudankulam nuclear project

Reliance Infra bags Rs 1,081 crore contract for Kudankulam nuclear project

Reliance Infrastructure has received a Rs 1,081 crore purchase order from Nuclear Power Corporation of India Limited (NPCIL) for engineering, procurement and construction (EPC) contract for Common Services System, Structure & Components (SSC) package and allied civil works of Unit -3 and 4 of Kudankulam Nuclear Power Project, a company statement said here on Monday.

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16 special trains to clear summer rush

16 special trains to clear summer rush

However, once summer holidays start, the number of trains will increase based on the demand.The railways is operating a weekly special train between Visakhapatnam and Secunderabad every Tuesday. The train service is good, but the arrival of the train

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Indian Railways to preserve its Metre-gauge tracks to promote Heritage Tourism

Indian Railways to preserve its Metre-gauge tracks to promote Heritage Tourism

Moving beyond the five hill networks that are major tourist attractions, Indian Railways is planning to also preserve its old five-metre gauge tracks built during its early days in the British era to promote heritage tourism.

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PMO favouring SPV between MUD and Railways for manufacturing of Metro Rail Coaches

PMO favouring SPV between MUD and Railways for manufacturing of Metro Rail Coaches

Nearly five months after the Railway Board chairman mooted the idea of Indian Railways supplying coaches for Metro rail projects, the Prime Minister’s Office (PMO) has asked the urban affairs ministry to buy coaches from the Railways for Metro projects that will be rolled out without external assistance.

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Ahmedabad-Puri express rolls down without engine for 13 km; 7 suspended

Ahmedabad-Puri express rolls down without engine for 13 km; 7 suspended

The Railways on Sunday suspended seven of its employees after Ahmedabad-Puri Express train travelled 13 km without engine on Saturday night. The train with 22 coaches travelled from Titlagarh station in Balangir district to Kesinga station in Kalahandi district.

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