GOOD EVENING INDIA

June 20, 2018, Wednesday


Your Evening News Updates From Across The Media Space 

Govt to auction 2,500 Mw of medium-term power purchase pacts soon

Govt to auction 2,500 Mw of medium-term power purchase pacts soon

The government will soon kick off pilot auction of medium-term power purchase agreements for 2,500 mw of electricity, ending a six-year long spell of state governments restricting electricity procurement from power plants.

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L&T terms Bhushan's resolution plan as discriminatory against operational creditors

L&T terms Bhushan's resolution plan as discriminatory against operational creditors

Larsen & Toubro Ltd (L&T), which is an operational creditor to Bhushan Steel Ltd, today termed the resolution plan of debt-ridden firm as "discriminatory" and "arbitrary" saying its Rs 900 crore outstanding has not been given due priority by the Committee of Creditors (CoC).

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Imported solar power equipment will not attract customs duty

Imported solar power equipment will not attract customs duty

Much to the relief of solar developers, the Central Board of Indirect Taxes and Customs (CBITC), has clarified that the bulk of imported solar panels and modules will not attract customs duty, putting to rest a controversy that had been raging for more than six months. Around 90 per cent of panels used in Indian solar projects are imported.

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German year-ahead power hits 3-month high on firmer coal, CO2

German year-ahead power hits 3-month high on firmer coal, CO2

Germany's year-ahead baseload power contract on Monday afternoon set a three-month high of 37 euros ($45.58) per megawatt hour (MWh), up 1.9 percent, tracking firmer fuels prices, especially of coal and carbon emissions rights.

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India's first solar-powered island: Diu is setting an example for the rest of the country

India's first solar-powered island: Diu is setting an example for the rest of the country

New Delhi: It’s a hot afternoon in Diu. The sleepy island, with just over 50,000 people, is among the top 10 least populated districts in India. And it shows. The beaches are clean and quiet. Waterfront promenades are deserted — so are the markets. Even booze shops, which get droves of weekend visitors from dry Gujarat next-door, are desolate on a Wednesday. But Diu is much more than that — it is India’s first solar-powered island.

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Apple Goes Completely Green; Now Powered With 100 Percent Clean Energy

Apple Goes Completely Green; Now Powered With 100 Percent Clean Energy

Apple has announced that its global facilities are now powered with 100 percent clean energy. The move by the Cupertino based technology-giant comes as a part of its commitment to combat climate change and create a healthier environment.

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UN holds meeting on curbing greenhouse emissions from ships

UN holds meeting on curbing greenhouse emissions from ships

The UN maritime agency is holding a weeklong meeting aimed at curbing emissions from ships.

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Electric Vehicles charging hiccup: Private stations can not sell electricity

Electric Vehicles charging hiccup: Private stations can not sell electricity

While the Centre is increasingly pushing for e-mobility, there’s no clarity on retail sale of power to electric vehicles.

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Coal mining company considers restructuring, bankruptcy protection

Coal mining company considers restructuring, bankruptcy protection

A Colorado-based coal company with mines in Montana and Wyoming is considering restructuring options, including filing for bankruptcy protection, after seeing demand drop and dealing with more than $1 billion in debt.

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Big hike likely in pay scales of coal India 17,000-odd executives

Big hike likely in pay scales of coal India 17,000-odd executives

Pay scales of Coal India's 17,000-odd executives — from junior levels right up to chairman's post — are proposed to be more than doubled, although the increase would be smaller after accounting for the dearness allowance already being paid on top of the basic salary.

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10 teams advance in international carbon dioxide competition

10 teams advance in international carbon dioxide competition

A $20 million international competition to make profitable products from a gas that otherwise would contribute to global warming has entered its final stretch.

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Oil and gas stocks gain on strong growth hopes

Oil and gas stocks gain on strong growth hopes

Share prices of oil and gas companies closed the session on a high note on Monday after brokerages and corporate rating agencies said that earnings growth in Q4FY18 will largely be driven by commodity markets, wherein oil & gas would be one of the sectors driving the growth.

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Gas may play a major role in India-Cyprus bilateral trade

Gas may play a major role in India-Cyprus bilateral trade

Natural gas has the potential to play an important role in greater bilateral trade between Cyprus and India in the years to come, a diplomat said here today.

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Crude oil futures jump to Rs 4,141 per barrel

Crude oil futures jump to Rs 4,141 per barrel

Crude oil jumped 0.61 per cent to Rs 4,141 per barrel at the futures market as speculators widened their bets, taking positive leads from global markets. At the Multi Commodity Exchange, crude oil for delivery in April rose Rs 25 or 0.61 per cent to Rs 4,141 per barrel in a business turnover of 2,353 lots. Likewise, the oil for …

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Oil markets firm on hopes that US trade spat with China may ease

Oil markets firm on hopes that US trade spat with China may ease

Oil markets added to strong gains from the previous session on Tuesday on hopes that a trade dispute between the United States and China could be resolved without greater damage to the global economy.

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Nigerian oil firm Neconde mounts arbitration case against Shell

Nigerian oil firm Neconde mounts arbitration case against Shell

The oilfield in question, Oil Mining Lease (OML) 42, is also at the centre of corruption allegations. Shell filed a criminal complaint against a former employee in late March over suspected bribes in the $390 million sale of the field.
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Railways back on track: Number of deaths, injuries lowest in 18 years, data shows

Railways back on track: Number of deaths, injuries lowest in 18 years, data shows

Deaths and injuries from train collisions or derailment in India more than halved to 254 people last fiscal year from a year ago, railways data showed, amid attempts to improve its shoddy safety record through mega investments and recruitments.

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Latest Rules about online booking under Indian Railways Tatkal Scheme

Latest Rules about online booking under Indian Railways Tatkal Scheme

In order to avoid misuse the Tatkal scheme, a refund is not granted at the time of cancellation of confirmed tickets except for some exceptional situations.

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India's first 12,000 horsepower electric locomotive: All you need to know

India's first 12,000 horsepower electric locomotive: All you need to know

* The Madhepura factory is a high-value Foreign Direct Investment joint venture with French rolling stock giant Alstom, reported news agency IANS

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IRCTC offers 12-day, 10 destinations religious tour package from Chandigarh at Rs 1,000 per day

IRCTC offers 12-day, 10 destinations religious tour package from Chandigarh at Rs 1,000 per day

Twelve days, ten destinations and Rs 1,000 per day, an economical religious tour package 'Seven Jyotirling Yatra' for tricity residents is being offered by Indian Railways and Tourism Corporation (IRCTC). The package will cost Rs 11,340 per person.

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Western Railway launch Drive against people travelling wrongly in Reserved Coaches for Divyangs

Western Railway launch Drive against people travelling wrongly in Reserved Coaches for Divyangs

Western Railway has launched regular drives against able-bodied persons travelling in the reserved coaches for Divyangs. During the year 2017, a total of 39,602 persons and in the year 2018, a total of 10,159 persons were prosecuted.

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WR successfully places the Last Span of FOB at Elphinstone Road Station

WR successfully places the Last Span of FOB at Elphinstone Road Station

Western Railway is becoming habitual of maximising productivity during the special blocks. In a record time of 6 hours, the Mumbai Central division of Western Railway, completed the girder launch of the second and the last span (28 meters) of the Foot Over Bridge placed at Elphinstone Road Station.

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214 Escalators on Central Railway suburban stations by March 2019

214 Escalators on Central Railway suburban stations by March 2019

Central Railways’ (CR) suburban section is just months away from getting fully-functional escalators on every station, as was proposed in budget in February.

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