GOOD EVENING INDIA

June 20, 2018, Wednesday

Your Evening News Updates From Across The Media Space

India building mega database of unique IDs of power plants

India building mega database of unique IDs of power plants

In a first-of-its-kind initiative in the energy sector, the government has started work on a plan to create a mammoth database of all the power generating units in the country, whether operational or being planned.

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Modi, Oli jointly lay foundation stone of 900-MW Arun III Hydro power plant

Modi, Oli jointly lay foundation stone of 900-MW Arun III Hydro power plant

Prime Minister Narendra Modi and his Nepalese counterpart K P Sharma Oli today jointly laid the foundation stone of the 900-megawatt Arun III Hydroelectric Power Plant in Tumlingtar area in eastern Nepal through a remote system here.

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India's thermal coal imports rise over 15 percent in first quarter

India's thermal coal imports rise over 15 percent in first quarter

India's thermal coal imports rose by more than 15 percent in the first three months of 2018, with Indonesia accounting for about three-fifths of total supplies, according to vessel arrival data from Dubai-based coal trader American Fuels & Natural Resources.

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CCI approves JSW-led consortium bid to acquire Monnet Ispat

CCI approves JSW-led consortium bid to acquire Monnet Ispat

JSW Steel today said the Competition Commission of India has approved bid by a consortium led by it to acquire bankrupt Monnet Ispat and Energy Ltd (MIEL) in an insolvency auction.

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No grid hook: Solar power for Metro stations

No grid hook: Solar power for Metro stations

To reduce dependence on grid generated power, Lucknow Metro Rail Corporation has started using solar power to light up Metro stations and depot.

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ISRO set to develop smart propellants for reusable launches

ISRO set to develop smart propellants for reusable launches

Indian Space Research Organisation (Isro) is planning to develop world class propulsion technology to ensure cost effective re-usable, recoverable, re-startable and reliable space launches

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Kerala-NTPC MoU for increasing solar power generation

Kerala-NTPC MoU for increasing solar power generation

The Kerala State Electricity Board has signed a memorandum of understanding with the National Thermal Power Corporation for increasing solar power generation in the state.

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Power shutdown hrs cut for Panvel water supply

Power shutdown hrs cut for Panvel water supply

Tata Power has reduced its weekly shut down hours at its Khopoli unit after a request by PCMC. The shutdown hours carried out on Sunday adds to the water woes of Panvel residents. Water is discharged from Tata Power plant to the Patalganga river, from which MJP draws and supplies water to Panvel.

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N Korean traders offering cheap coal on hopes sanctions will ease - Chinese traders

N Korean traders offering cheap coal on hopes sanctions will ease - Chinese traders

Some North Korean traders are offering cheap coal to Chinese buyers who are stockpiling it at ports inside the isolated country, hoping recent diplomatic moves lead to an easing of sanctions barring purchases of North Korean coal, three Chinese traders told Reuters.

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China Three Gorges launches $10.8 billion bid for Portuguese power firm EDP

China Three Gorges launches $10.8 billion bid for Portuguese power firm EDP

China's state-owned utility China Three Gorges on Friday launched a bid to take control of Portugal's biggest company EDP, offering a premium of just below 5 percent on the power firm's closing stock price.

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Proposed Ratnagiri Refinery Gets Another Middle Eastern Investor

Proposed Ratnagiri Refinery Gets Another Middle Eastern Investor

After Saudi Aramco, Abu Dhabi National Oil Company will pick up stake in a planned $44 billion refinery-cum-petrochemical project in Maharashtra. An initial agreement for ADNOC taking stake is slated to be signed in UAE on Sunday, official sources said.

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Karnataka Polls: Indian Oil Offers Re 1 Discount Per Litre Petrol to Encourage Voting

Karnataka Polls: Indian Oil Offers Re 1 Discount Per Litre Petrol to Encourage Voting

To encourage voting in Belagavi city of Karnataka, the Indian oil is offering Re 1 discount to all those who come out and vote in the Karnataka Assembly Election 2018. While the regular price of per litre petrol is Rs 75.86, today, on the polling day, the company is offering it at Rs 74.86.

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Abu Dhabi oil giant to pick up stake in Ratnagiri refinery project

Abu Dhabi oil giant to pick up stake in Ratnagiri refinery project

After Saudi Aramco, Abu Dhabi National Oil Company (ADNOC) will pick up stake in the planned USD 44-billion refinery-cum-petrochemical project in Maharashtra.

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Venezuela to seek extradition of oil businessmen from U.S.

Venezuela to seek extradition of oil businessmen from U.S.

Venezuela's chief prosecutor on Friday said he was looking to extradite two prominent Venezuelan oil businessmen who are awaiting sentencing in Texas as part of a massive bribery scheme.

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Brazil aims for 6.8 bln reais in 5th round pre-salt oil auction

Brazil aims for 6.8 bln reais in 5th round pre-salt oil auction

The Brazilian government expects to rake in 6.8 billion reais ($1.89 billion) through the so-called fifth round of bidding for stakes in the country's choice pre-salt offshore oil play, the government said on Friday.

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Petrofac to sell Mexico oil fields, seeks upstream exit

Petrofac to sell Mexico oil fields, seeks upstream exit

Oilfield services provider Petrofac Ltd has hired investment banks Barclays and HSBC to help with the sale of its oil fields in Mexico, as it prepares to scale back its oil and gas production operations, several banking sources said.

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ADNOC set to supply first oil cargo for Indian emergency reserve

ADNOC set to supply first oil cargo for Indian emergency reserve

Abu Dhabi National Oil Co (ADNOC) will supply the first oil cargo for India's strategic petroleum reserve (SPR) over the weekend, an Indian government statement said, becoming the first foreign company to lease storage in the country.

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Iran's oil customers in Europe might reduce imports, flag financing issue

Iran's oil customers in Europe might reduce imports, flag financing issue

European oil companies are not ruling out reducing Iranian oil imports after the threat of new U.S. sanctions, with some expecting banking issues to hinder trade, but there was no rush to immediately cut volumes.

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Global LNG-June prices slip on healthy supply

Global LNG-June prices slip on healthy supply

Asian LNG prices for delivery in June slipped 20 cents to $7.90 per million British thermal units (mmBtu), and the July contract was assessed at $8.20 per mmBtu.

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Work On Zoji La Tunnel Which Will Give All-Year Access To Ladakh, To Be Flagged Off By PM Modi

Work On Zoji La Tunnel Which Will Give All-Year Access To Ladakh, To Be Flagged Off By PM Modi

Work on building a road tunnel across the Zoji La Pass, providing the Kashmir Valley with all-weather access to Ladkah, a strategically important border region, will begin May 19.

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Why Delhi Metro’s New Feeder Bus Plan Is Worth Emulating Across Cities

Why Delhi Metro’s New Feeder Bus Plan Is Worth Emulating Across Cities

The Delhi Metro Rail Corporation (DMRC) recently unveiled a new plan to procure minibuses that would act as feeder services for the 252km-long mass transit line running across the National Capital Region (NCR).

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Integrated Unreserved Ticketing System at 138 stations launched on Southern Railway

Integrated Unreserved Ticketing System at 138 stations launched on Southern Railway

For speedy access of ticketing facilities and optimum utilisation of railway resources, Southern Railway (SR) has launched Integrated Unreserved Ticketing System (IUTS), merging both unreserved ticket counters and reserved ticket counters, at 138 stations in six divisions in Tamil Nadu and Kerala recently.

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Now, GPS-based real time surveillance on Rajdhani, Shatabdi Express trains

Now, GPS-based real time surveillance on Rajdhani, Shatabdi Express trains

To curb rising cases of theft onboard premium long-distance trains, the Western Railway on Friday introduced an upgraded software that will not only aide in real-time monitoring of coaches but also help keep tabs on slacking staff.

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From Next Year, You Can Catch A Train From An 'airport'

From Next Year, You Can Catch A Train From An 'airport'

Prime Minister Narendra Modi's promise to transform Indian Railways may get fulfilled next year when India will get several airport-like railways stations.

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Rlys Plans Major Overhaul Of Catering: Airline-like Food, Modern Kitchens, Ai Module To Flag Anomalies

Rlys Plans Major Overhaul Of Catering: Airline-like Food, Modern Kitchens, Ai Module To Flag Anomalies

May 11 Soon airline-like food would be on the plates of train passengers as the Railways has decided to initiate major reforms in its catering services under which it would "rationalise the menu" and use Artificial Intelligence (AI) and CCTV cameras to flag irregularities in preparation.

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Modi Inaugurates Janakpur-ayodhya Bus Link, Pledges Rs 100 Crore Aid

Modi Inaugurates Janakpur-ayodhya Bus Link, Pledges Rs 100 Crore Aid

In a bid to mend ties with its Himalayan neighbour, Indian Prime Minister Narendra Modi arrived in Nepal on Friday on a two-day visit and launched the Janakpur-Ayodhya bus service besides pledging Rs 100 crore aid to develop Janakpur city.

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As Trains Run Late, Railways Blames Maintenance Backlog

As Trains Run Late, Railways Blames Maintenance Backlog

Indian Railways has blamed the maintenance backlog and simultaneous infrastructure creation for "punctuality issues." It further said the maintenance of its network would remain its top priority so as to ensure zero mishaps.

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Loksabha Speaker to Flag-off Indore-Puri Weekly Humsafar Express

Loksabha Speaker to Flag-off Indore-Puri Weekly Humsafar Express

Ministry of Railways has decided to introduce New Weekly Humsafar Express train between Indore and Puri for the benefit of passengers. This train will be flagged off by Smt Sumitra Mahajan-Hon’ble Speaker of Lok Sabha in a function to be held at Indore station on 12th May 2018.

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