GOOD EVENING INDIA

August 21, 2018, Tuesday

Your Evening News Updates From Across The Media Space

Centre approves green licence plates for private electric vehicles

Centre approves green licence plates for private electric vehicles

To promote electric vehicles in India, the government has approved green licence plates bearing numbers in white fonts for private e-vehicles and yellow for taxis, Union minister Nitin Gadkari said on Wednesday.

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Strong response, drop in tariffs at NTPC solar auction

Strong response, drop in tariffs at NTPC solar auction

Tariffs fell to Rs 2.72-2.73 per unit in the 750 MW auction conducted by NTPC for projects at Ananthapuram Solar Park in Andhra Pradesh, a sizeable drop from previous auctions. But they were still well above the record-low solar price of Rs 2.44 per unit reached at an auction held in May 2017.

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BYD intends to set up electric vehicles plant in Hyderabad

BYD intends to set up electric vehicles plant in Hyderabad

BYD Auto Co, Ltd, a leading Chinese company which produces electric vehicles, intends to establish its production plant in Hyderabad, it was announced on Wednesday.

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Examine Delhi govt's proposal to purchase electric buses: SC to EPCA

Examine Delhi govt's proposal to purchase electric buses: SC to EPCA

The Supreme Court today asked the Environment Pollution Control Authority to examine the Delhi government's proposal for using part of the Rs 999.25 crore collected from environment compensation charge (ECC) to buy semi-low floor fully electric buses to tackle pollution and improve public transport.

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ReNew Power set to buy 5 renewable power companies

ReNew Power set to buy 5 renewable power companies

ReNew Power, the largest independent power producer, is set to acquire five companies in the renewable power space — solar and wind — that have a combined capacity of about 680 MW for about Rs 6,000 crore, said two people familiar with the development.

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Ghaziabad plans to start electric buses, shortlists four routes

Ghaziabad plans to start electric buses, shortlists four routes

The private player roped in by the UP government for introducing battery-operated e-buses, conducted a traffic survey on Wednesday and chalked out possible routes. The project is in the nascent stage as GDA is yet to deduce a financial model that would be adopted for the project.

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Coal India to transfer 4,000 executives every year, 20,000 every five years

Coal India to transfer 4,000 executives every year, 20,000 every five years

Coal India has decided to transfer each of its 20,000-odd executives every five years in an effort to improve their skill sets and prevent external parties from forming a nexus with employees.

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India’s Tamil Nadu calls EoIs for 500 MW of solar projects

India’s Tamil Nadu calls EoIs for 500 MW of solar projects

The Tamil Nadu Energy Development Agency (TEDA) is seeking expressions of interest (EoIs) from companies and consortia willing to take part in a 500-MW solar project in the state.

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Asia coal industry sees blue skies, ignores storm clouds: Russell

Asia coal industry sees blue skies, ignores storm clouds: Russell

Asia’s coal miners, shippers and traders are seeing strong demand and rising prices for their fuel, and they expect this happy situation to persist for several years to come.

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India-based Artem aims to make world’s safest electric scooter

India-based Artem aims to make world’s safest electric scooter

Mumbai-based electric vehicle start-up Artem Energy Future Pvt Ltd has announced that it is developing the world’s safest electric scooter, christened the M9. The company says that it will provide this scooter with unprecedented ADAS (advanced driver-assistance systems), previously seen only in high-end cars technologies like mobileye, Nissan ProPilot Assist and Tesla Autopilot.

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Ajmer discom flays firm for plight of consumers

Ajmer discom flays firm for plight of consumers

Despite electricity supply being handed over to the private company Tata Power Limited, city consumers are not getting relief. In fact, consumers complaining are facing humiliation at the hands of company’s guards. This came out at a meeting presided by Ajmer Vidhyut Vitran Nigam Ltd’s managing director BM Bhamu on Wednesday.

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Germany's Uniper makes head start in converting wind power to gas

Germany's Uniper makes head start in converting wind power to gas

German utility Uniper launched a pilot scheme at its Falkenhagen site on Wednesday to produce methane gas from wind power as the country seeks wider uses for renewable energy.

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Charge mobile phones directly with your dress!

Charge mobile phones directly with your dress!

Stranded without a charger or electricity? Don’t panic. You could still charge your mobile phone, that too using the dress you are wearing! Why just mobile phones, you could power up laptops with the bags while on a trip.

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Audi aims to sell 800,000 electrified cars in 2025

Audi aims to sell 800,000 electrified cars in 2025

German carmaker Audi has announced that it plans to sell approximately 8 lakh electrified cars, including both fully electric and plug-in hybrid cars, in 2025. According to the company's updated 'Audi Vorsprung 2025' strategy, it aims to enable about every third customer to decide in favour of an e-model by the middle of the next decade.

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As Expected, OIl Prices Shoot Up After Trump Cancels Iran Nuclear Deal

As Expected, OIl Prices Shoot Up After Trump Cancels Iran Nuclear Deal

US President Donald Trump’s decision on Tuesday to pull out of the Iran nuclear deal can increase pressure on government finances through a higher subsidy bill and pinch consumers by keeping oil on the boil ahead of next year’s general election.

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Oil prices hit highest in years as markets adjust to looming sanctions on Iran

Oil prices hit highest in years as markets adjust to looming sanctions on Iran

Oil prices clocked up more multi-year highs on Thursday as traders adjusted to the prospects of renewed U.S. sanctions against major crude exporter Iran amid an already tightening market.

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Iran sanctions come into effect immediately: Bolton

Iran sanctions come into effect immediately: Bolton

US President Donald Trump's decision to withdraw from the Iranian nuclear deal and reimpose sanctions on Tehran comes into effect immediately for any new contracts but gives a wind-down period of 90-180 days, the White House has said. "We have announced a withdrawal from the deal. So, we're out of the deal.

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Work at Chabahar Port will be affected due to US sanctions on Iran: Expert

Work at Chabahar Port will be affected due to US sanctions on Iran: Expert

With the United States pulling out from the landmark 2015 Iran nuclear deal, the subsequent sanctions that would be imposed by Washington D.C on Tehran would affect the work at Chabahar Port undertaken by India and Iran, says a defence expert.

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Iran economic sanctions a deja vu for Indian refiners? Not so much

Iran economic sanctions a deja vu for Indian refiners? Not so much

Indian oil refiners seem to be in a familiar territory again with US reinstating economic sanctions on Iran. Last time the curbs had left Asian refiners grappling with increased working capital borrowings, lower credit period,

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Higher oil prices will widen CAD, RBI may issue NRI bonds: BofA-ML

Higher oil prices will widen CAD, RBI may issue NRI bonds: BofA-ML

India’s current account deficit (CAD) is set to widen due to higher oil prices which could lead to the Reserve Bank of India (RBI) issuing a fresh tranche of NRI bonds to shore up its foreign exchange reserves, Bank of America-Merrill Lynch (BofA-ML) India economist Indranil Sen Gupta said in a note on Thursday.

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Here's what oil at $70 means for the world economy

Here's what oil at $70 means for the world economy

Rising oil prices are a double-edged sword for the world economy. With the price of crude up about 18 percent this year and now trading at the highest since 2014, exporters of the fuel get to enjoy a windfall while consuming nations get hurt.

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Indraprastha Gas Ltd calls for board meeting on May 23, 2018

Indraprastha Gas Ltd calls for board meeting on May 23, 2018

A Meeting of the Board of Directors of Indraprastha Gas Ltd is scheduled to be held on May 23, 2018, to consider and approve standalone and consolidated Audited Financial Results for the quarter/year ended March 31, 2018 and also to consider recommendation of dividend for the Financial Year 2017-18.

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Supreme Court directs NHAI to open Eastern Peripheral Expressway before May 31

Supreme Court directs NHAI to open Eastern Peripheral Expressway before May 31

The Supreme Court today directed the National Highways Authority Of India (NHAI) to ensure that the newly constructed Eastern Peripheral Expressway, which is aimed at decongesting Delhi, is inaugurated on or before May 31.

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Railways to roll out smart coaches with black box and diagnostics

Railways to roll out smart coaches with black box and diagnostics

They are billed as smart coaches, and Indian Railways will soon roll out these modern train compartments equipped with black boxes and coach information and diagnostics systems. The black boxes, a first for the Railways, will have a powerful multi-dimensional communication interface to provide all kinds of information on coach condition and also passenger-related information on a real -time basis, …

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Indian Railways to provide free WiFi services across 7,000 stations, says Piyush Goyal

Indian Railways to provide free WiFi services across 7,000 stations, says Piyush Goyal

Union Minister of Railways and Coal Piyush Goyal on Wednesday said that his aim is to provide free WiFi services over 7,000 railway stations in next one year.

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Railways plans 12-car Local Trains with six AC coaches for Mumbai Commuters

Railways plans 12-car Local Trains with six AC coaches for Mumbai Commuters

Commuters struggling through the humid summer in crowded locals may have something to cheer about soon, with the Railway Board planning to introduce air conditioned coaches.

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Welspun Enterprises up 13% on emerging as lowest bidder for TN road project

Welspun Enterprises up 13% on emerging as lowest bidder for TN road project

Shares of Welspun Enterprises have moved higher by 13% to Rs 174 per share on the BSE after the company said it has emerged as the lowest bidder (L1) for a National Highways Authority of India (NHAI) project in the state of Tamil Nadu.

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India’s longest rail bridge to be opened on Brahmaputra by October this year

India’s longest rail bridge to be opened on Brahmaputra by October this year

Bogibeel bridge, India’s longest rail-cum-road bridge on the Brahmaputra connecting Dibrugarh on the south bank to Dehamji in the north which will boost defence logistics along the China border and reduce travel time for rail passengers and road users is expected to be opened for public by October this year.

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