GOOD EVENING INDIA

June 23, 2018, Saturday

Your Evening News Updates From Across The Media Space

MUST READ

ONGC bids for 37 oil & gas blocks, Cairn India 55 in OALP first round

ONGC bids for 37 oil & gas blocks, Cairn India 55 in OALP first round

State-owned ONGC today bid for 37 oil and gas blocks, while Cairn India put in bids for all the 55 areas on offer under the first round of open acreage licensing policy (OALP). As many as 110 bids had been received, the Directorate General of Hydrocarbon (DGH) tweeted.

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PM Modi’s signature Ujjwala Yojana praised in WHO report: All you need to know

PM Modi’s signature Ujjwala Yojana praised in WHO report: All you need to know

Prime Minister Narendra Modi’s initiative to provide a shield to women and children from smoke, the Ujjwala Scheme, has been much admired in the new WHO pollution report. “Countries are taking measures to tackle and reduce air pollution from particulate matter.

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Coal India achieves 95% of production target for FY18

Coal India achieves 95% of production target for FY18

Coal India Ltd (CIL) has reported a production of 44.8mn tonnes for the month of April 2018, an increase of 16.7% yoy for the month of April 2018. Offtake for the month stood at 51mn tonnes, an increase of 12.9% yoy. This marks a 96% achievement of the company’s monthly production target and a 90% achievement of the monthly offtake target.

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We will take electricity connection to each and every household 24X7: A K Bhalla, Power Secy

We will take electricity connection to each and every household 24X7: A K Bhalla, Power Secy

Congratulations! All the Indian villages have access to electricity now. How has the journey been so far and what are the internal targets for the last 1,000 days? How did the team achieve all those targets?

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India’s Maharashtra state launches 1-GW solar tender

India’s Maharashtra state launches 1-GW solar tender

The Maharashtra State Electricity Distribution Co Ltd (MSEDCL) is seeking companies willing to take part in the deployment of 1,000 MW of solar parks in the western Indian state.

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Cabinet overturns SP govt order on Karchana plant

Cabinet overturns SP govt order on Karchana plant

The UP cabinet on Tuesday overturned the SP government decision to construct the Karchana power plant in Allahabad by the state government. The cabinet instead decided that the project will be developed through competitive bidding.

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90% of world's population breathes badly polluted air: WHO

90% of world's population breathes badly polluted air: WHO

Nine out of every 10 people on the planet breathe air that contains high levels of pollutants and kills seven million people each year, according to a new World Health Organization (WHO) study released on Wednesday.

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India, Japan to initiate talks on zero emission vehicles

India, Japan to initiate talks on zero emission vehicles

Amid rising persuasion for countries to adapt to the concept of electric vehicles (EVs), India and Japan on Tuesday agreed to initiate discussion on the same by collaborating with "Policy dialogue on next generation/Zero emission vehicles".

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FOCUS: Two U.S. coal miners see growth amid sector's gloom

Two U.S. coal miners see growth amid sector's gloom

U.S. electric utilities are expected to shut hundreds more of their coal-fired power generators in the coming years, extending a long trend away from coal and toward natural gas that has cast a pall over the mining industry.

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East Africa a bright spot as world crawls towards energy goals

East Africa a bright spot as world crawls towards energy goals

The world is moving too slowly to meet targets to provide electric power and clean cooking to everyone on the planet by 2030, with progress on using less-polluting fuels in the kitchen especially poor, international agencies said on Wednesday.

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New Water-based Battery To Store Solar, Wind Energy

New Water-based Battery To Store Solar, Wind Energy

Stanford scientists have developed a water-based battery that could provide a cheap way to store wind or solar energy, which can be fed back into the electric grid and redistributed on high demand.

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METALS AND MINING

Britain looks to ancient mines for electric future

Britain looks to ancient mines for electric future

The English county of Cornwall and the surrounding area boast one of the world’s largest tin deposits yet their centuries-old mines have lain abandoned since the 1990s when a collapse in prices for the metal made them unviable.

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Appellate Tribunal stays sale of Electrosteel to Vedanta

Appellate Tribunal stays sale of Electrosteel to Vedanta

The National Company Law Appellate Tribunal has stayed Vendata Resources’ acquisition of ElectrosteelSteels under the bankruptcy procedure following an appeal by bidder Renaissance Steel, that had questioned the evaluation process adopted by the resolution professional.

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Vedanta Zinc mulls building a zinc refinery in SA for Gamsberg mine

Vedanta Zinc mulls building a zinc refinery in SA for Gamsberg mine

Vedanta Zinc International launched a feasibility study into building a zinc refinery in SA to treat concentrate coming from its Gamsberg mine.

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SA and India plan to increase mutual trade

SA and India plan to increase mutual trade

Trade and Industry Minister Rob Davies has welcomed the SA-India Business Summit as offering increased economic opportunities between the two Brics countries.

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India's first floating regasification terminal to start operations in Q4 2018

India's first floating regasification terminal to start operations in Q4 2018

India's first floating storage and regasification terminal or FSRU could begin importing LNG as early as the fourth quarter of this year on the country's west coast, the project's developer H-Energy Gateway Private Ltd and France's Engie, said in separate statements this week.

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Oil prices rise on Iran sanction worries, despite surging U.S. supplies

Oil prices rise on Iran sanction worries, despite surging U.S. supplies

Oil prices rose on Wednesday, lifted by concerns that the United States may re-impose sanctions on major exporter Iran, although soaring U.S. supplies capped gains.

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Crude oil, refinery products decelerate March's core industries output

Crude oil, refinery products decelerate March's core industries output

Lower extraction of crude oil and production of refinery products slowed the pace of India's eight major industries' output in March, official data showed on Tuesday.

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Asia fuel oil-market firms on tight supply outlook, rising demand

Asia fuel oil-market firms on tight supply outlook, rising demand

Bullish sentiment fuelled by expectations of tight near-term supplies and rising seasonal demand helped boost the prompt-month 380-cst time spread and fuel oil crack on Wednesday, trade sources said.

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OPINION: Rising oil prices put demand destruction back on the agenda

OPINION: Rising oil prices put demand destruction back on the agenda

Rising oil prices over the last two years have put the issue of demand destruction back on the agenda, as producers, traders and analysts try to estimate how consumers will respond.

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How the surge in oil prices affects India’s finances

How the surge in oil prices affects India’s finances

The cost of the Indian basket of crude, which averaged $47.56 and $56.43 per barrel in FY17 and FY18, respectively, rose to an average of $69.30 in April 2018, according to data from the Petroleum Planning and Analysis Cell (PPAC). The price was $71.39 a barrel on 30 April. The Indian basket represents the average of Oman, Dubai and Brent crude.

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Iran ready for Pak-Turkmen gas swap, views TAPI plan as unlikely

Iran ready for Pak-Turkmen gas swap, views TAPI plan as unlikely

Iran is ready to participate in a gas swap between Pakistan and Turkmenistan as it thinks that the ambitious, multi-billion dollar TAPI gas pipeline that includes India is unlikely to become operational, a top Iranian official has said.

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Under PM Narendra Modi’s Watch: Progress Of India’s First Bullet Train Project Being Monitored Very Closely

Under PM Narendra Modi’s Watch: Progress Of India’s First Bullet Train Project Being Monitored Very Closely

Prime Minister Narendra Modi has set stiff deadlines for the execution of India’s first bullet train project and is monitoring its progress very closely. At a recently held PRAGATI session in which he reviewed key infrastructure projects,

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Jaipur most polluted city in Rajasthan, says WHO report

Jaipur most polluted city in Rajasthan, says WHO report

The Pink City is not in the pink of health if the World Health Organisation (WHO) pollution report is to go by. Jaipur is the most polluted city in the desert state, says the report.

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All Aboard! Taking A Toy Train Ride From Neral To Matheran

All Aboard! Taking A Toy Train Ride From Neral To Matheran

The tiny hill station of Matheran is a far cry from the peace and serenity that its British founder Hugh Poyntz Malet yearned for. In the 1850s, Indian Civil Service Officer Malet was the Thane collector and while camping below in the village of Chowk,

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Railways To Stop 73 Night Trains On Metre Gauge To Avoid Mishaps At Unmanned Crossings

Railways To Stop 73 Night Trains On Metre Gauge To Avoid Mishaps At Unmanned Crossings

At least 73 trains will be impacted every day with the Railways deciding to cancel night journeys of trains running on the metre gauge network to prevent accidents at unmanned level crossings. The Railways will shortly announce a date from which metre gauge trains will stop running at night. The decision came less than a week after 13 children were …

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Indian Railways offers affordable Vaishnodevi pilgrimage tour; just log on to irctctourism.com

Indian Railways offers affordable Vaishnodevi pilgrimage tour; just log on to irctctourism.com

Indians are fond of going on pilgrimages. And certain places have become must-visit areas on the to-do list of travellers. Among them is paying a visit tio Vaidhnodevi shrine.

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Railway eases e-reverse auction process

Railway eases e-reverse auction process

In a bid to reduce expenditure on procurement, the Ministry of Railways has issued a new set of guidelines for electronic auction/reverse auction for works, services and earnings tenders.

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Rail Darpan covers the journey of Western Railway

Rail Darpan covers the journey of Western Railway

Western Railway’s in-house publication, Rail Darpan, writes about the glorious past of Western Railway (WR) and speaks about its bright future. It is a magazine that highlights the services rendered by WR to its millions of commuters and the hard work of its people to drive progress and safeguard its passengers.

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UP Cabinet Gives Nod To A Number Of Road Projects

UP Cabinet Gives Nod To A Number Of Road Projects

The Uttar Pradesh Cabinet today gave its approval to a number of road projects in the state which would be carried out with the help of Asian Development Bank (ADB) or the World Bank. These projects would be completed in 18 to 24 months.

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India infrastructure output growth slows to three-year low in 2017-18

India infrastructure output growth slows to three-year low in 2017-18

India's infrastructure growth slowed to a three-year low of 4.2 per cent in the fiscal year ending in March, indicating Prime Minister Narendra Modi faces a tough challenge to boost investment ahead of general elections due early next year.

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YESTERDAY'S HEADLINES

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