GOOD EVENING INDIA

December 12, 2018, Wednesday

Your Evening News Updates From Across The Media Space 

Energy Key Engine Of India's Growth: Sushma

Energy Key Engine Of India's Growth: Sushma

External Affairs Minister Sushma Swaraj on Thursday said that energy is the key engine of India's economic growth and has also become a key element of New Delhi's diplomatic engagement and outreach.

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Rs 8 Trn Projects Under Sagaramala In Motion But Funding Remains Challenge: ICRA

Rs 8 Trn Projects Under Sagaramala In Motion But Funding Remains Challenge: ICRA

Fund mobilisation is likely to remain a challenge under the Sagarmala project through 500 schemes worth Rs 8 lakh crore are currently being undertaken, ratings agency ICRA said today.

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Vedanta Revamping Cairn India Operations

Vedanta Revamping Cairn India Operations

Metals and mining giant Vedanta Ltd, the owner of Cairn India Ltd, is revamping the latter’s operations and creating special business units to sharpen the company’s focus on oil and gas, two people aware of the development said.

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International Energy Forum: Mexico Eyes Strong Energy Ties With India

International Energy Forum: Mexico Eyes Strong Energy Ties With India

Mexico is looking to enhance its energy ties with India through greater participation of Indian companies, especially in meeting its gasoline deficit.

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Government floats proposal for India's first offshore wind project

Government floats proposal for India's first offshore wind project

The government has invited the industry to explore India’s first offshore wind energy project proposal, following its plans to achieve 5 GW project capacity by 2022 in this area which has not yet been explored in the country.

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India moves to auction its first offshore wind energy project

India moves to auction its first offshore wind energy project

In what will help boost its clean energy commitments, India has called for expression of interest (EoI) for the first offshore wind energy project in the country that is being set up in Gulf of Khambat, off the coast of Gujarat, according to a government statement.

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Power companies seek more time for debt resolution of stressed assets

Power companies seek more time for debt resolution of stressed assets

Fearing Reserve Bank of India’s revised guidelines for stressed assets may force some 75,000 mw of coal-fired power projects into bankruptcy, the Association of Power Producers has requested the government to relax timelines of the new rules for the sector.

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GE Power completes NTPC's first WFGD unit at Vindhyachal plant

GE Power completes NTPC's first WFGD unit at Vindhyachal plant

GE Power today announced the completion of first turnkey full flow wet flue gas desulphurization (WFGD) unit at state power giant NTPC's 500 MW Super Thermal Power project site in Vindhyachal, Madhya Pradesh.

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Petrol Price Alert: No Directive From Government To Defer Raise Ahead Of Karnataka Elections, Says Pradhan

Petrol Price Alert: No Directive From Government To Defer Raise Ahead Of Karnataka Elections, Says Pradhan

Oil Minister Dharmendra Pradhan today said the government has not asked state-owned oil firms to defer raising the retail price of petrol and diesel ahead of elections in Karnataka.

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India’s Oil & Gas Demands Will Increase Threefold By 2040: Dharmendra Pradhan

India’s Oil & Gas Demands Will Increase Threefold By 2040: Dharmendra Pradhan

Union Minister for Petroleum and Natural Gas Dharmendra Pradhan on Thursday attended the concluding session of the International Energy Forum along with Union External Affairs Minister Sushma Swaraj.

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India, China Join Ranks To Negotiate With Oil Producers For Better Bargain

India, China Join Ranks To Negotiate With Oil Producers For Better Bargain

Two of the world’s top three oil consumers, China and India, have decided to jointly draw up a strategy for sourcing crude oil from the international market.

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Sharp $5 Increase In Crude Price Might Hit Retail Prices Next Week

Sharp $5 Increase In Crude Price Might Hit Retail Prices Next Week

Indian Oil Corporation (IOC), the country's largest petroleum retailer, said the $5 a barrel increase in crude oil prices over the past few days would reflect in the retail price of petrol and diesel with a lag.

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India’s oil woes to continue? OPEC production cut may double this year; here’s why

India’s oil woes to continue? OPEC production cut may double this year; here’s why

The deal OPEC struck in 2016 to clear a global glut by halting a significant chunk of oil production took almost a year of bargaining and brinkmanship. By year-end, the group may have lost the same amount of crude unintentionally.

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Govt working on 'unbundling' of marketing & transportation of gas: Pradhan

Govt working on 'unbundling' of marketing & transportation of gas: Pradhan

The government is working on 'unbundling' of marketing and transportation of gas in the country, Oil Minister Dharmendra Pradhan has said, in a move that would end up splitting Gail, the owner of most of nation's natural gas transportation network.

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Shell dilutes its stake in Mahanagar Gas Limited

Shell dilutes its stake in Mahanagar Gas Limited

British-Dutch multinational oil and gas company Shell today announced its plan to dilute shareholding in Mumbai-based gas utility Mahanagar Gas Limited (MGL) to 24 per cent from 32.5 per cent currently.

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Essar Oil Settles $2.5 Bn Iran Oil Dues, Still Owes About $616 Mn

Essar Oil Settles $2.5 Bn Iran Oil Dues, Still Owes About $616 Mn

Essar Oil has settled about 2 billion euros ($2.5 billion) in dues to Iran to cover previous oil purchases and still owes the country about $616 million, Chief Executive B. Anand said on Thursday.

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More Than One Lakh Bio-toilets Installed In Railways Since 2011: Ministry

More Than One Lakh Bio-toilets Installed In Railways Since 2011: Ministry

Indian Railways has installed more than one lakh bio-toilets in trains till March 2018, seven years since 57 were installed in the Gwalior Varanasi Bundelkhand Express in January 2011, a statement from the Railway Ministry said on Thursday.

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Drinking Water Pilot Project At New Delhi Railway Station, Says High Court

Drinking Water Pilot Project At New Delhi Railway Station, Says High Court

The Indian Railways today told the Delhi High Court that it has decided to run a pilot project at the New Delhi Railway Station here to provide water according to the parameters specified by the Bureau of Indian Standards (BIS).

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NR Celebrates '63rd Railway Week' By Pulling Off Steam Engine 'azad'

NR Celebrates '63rd Railway Week' By Pulling Off Steam Engine 'azad'

Marking the celebrations of 63rd Railway Week, the Indian Railways took a distinctive evocative trip to yester years of steam era trains on its network by bringing alive the magic of steam-hauled trains.

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Hope Trundles Into Remote Hamlets On India's Hospital Train

Hope Trundles Into Remote Hamlets On India's Hospital Train

She went to a government hospital near her remote village in the western state of Rajasthan to be treated, but it did not have a specialist doctor.

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Focus On Quality Over Variety: Piyush Goyal To Railway Caterers

Focus On Quality Over Variety: Piyush Goyal To Railway Caterers

Railway Minister Piyush Goyal today asked caterers to provide quality food on trains -- an instruction he gave while himself observing a fast.

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IRCTC Lowers Prices of Rail Meals, Ramps up Quality of Catering Services!

IRCTC Lowers Prices of Rail Meals, Ramps up Quality of Catering Services!

For the Indian Railways, passenger convenience, safety and comfort have always been a top priority. Which is why their feedback has been very instrumental in bringing about key changes and improvements that make a journey just a little bit smoother.

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Rolls-royce Partners With Goa Shipyard To Manufacture MTU Engines In India

Rolls-royce Partners With Goa Shipyard To Manufacture MTU Engines In India

Rolls-Royce today said it has inked pact with Goa Shipyard Ltd (GSL) to manufacture technologically-advanced MTU Series 8,000 engines, used in offshore patrol vessels, in India.

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Indian Railways Install 1,25,000 Bio-toilets In Train Coaches

Indian Railways Install 1,25,000 Bio-toilets In Train Coaches

The Indian Railways at present have commissioned and are operating 27 sections as Green Corridors. All the trains plying on these sections are running with all the coaches equipped with bio-toilets.

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