GOOD EVENING INDIA

August 16, 2018, Thursday

Your Evening News Updates From Across The Media Space

Tata Power plans $5 billion push to boost renewable energy capacity

Tata Power plans $5 billion push to boost renewable energy capacity

Tata Power Co., one of India’s largest private power utilities, is planning to invest as much as $5 billion to ramp up its renewable capacity fourfold, according to its top executive.

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Impressed With Modi Government’s Electrification Drive, Countries In Middle East, Africa Want India’s Help To Light Up Their Villages

Impressed With Modi Government’s Electrification Drive, Countries In Middle East, Africa Want India’s Help To Light Up Their Villages

Countries in Africa and the Middle East, impressed with the Modi government’s rural electrification drive, have expressed interest in joining hands with the state-run Rural Electrification Corporation to electrify their villages, Mint reports.

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Consumers get electric shock soon after Karnataka polls, power tariff hiked by 13 to 26 pc

Consumers get electric shock soon after Karnataka polls, power tariff hiked by 13 to 26 pc

barely two days after the Assembly elections, the Karnataka Electricity Regulatory Commission (KERC) on Monday gave consumers a shock by effecting steep increase in energy tariff ranging from 13 per cent to 26 per cent in different regions of the State.

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Bitter court wars bog down Arcelor, Tata as India law tested

Bitter court wars bog down Arcelor, Tata as India law tested

India’s new bankruptcy law is being bogged down by bitter court room disputes that include the likes of ArcelorMittal and the Tata Group -- jeopardizing the law’s promise of time-bound resolution in a country famous for its sluggish legal system.

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Dharmendra Pradhan requests energy business stakeholders to invest in India

Dharmendra Pradhan requests energy business stakeholders to invest in India

Union Minister of Petroleum and Natural Gas Dharmendra Pradhan on Sunday requested all stakeholders from energy business stream to come and invest in India. "Today India is the number 3 absolute energy consumer, our energy appetite is very high.

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OPINION: Power sector NPAs are not a banking problem

OPINION: Power sector NPAs are not a banking problem

Around 22% of India’s installed power-generation capacity burdens Indian banks as non-performing assets (NPA). There is little scope of restructuring them through the Insolvency and Bankruptcy Code route,

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Bengaluru: Revised power tariff set to be issued today

Bengaluru: Revised power tariff set to be issued today

Get ready to spend more on electricity bills. Just after the assembly elections, the Karnataka Electricity Regulatory Commission (KERC) is set to announce tariff hike on Monday, with retrospective effect.

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17-hour power cut tortures Zirakpur

17-hour power cut tortures Zirakpur

Zirakpur residents endured a 17-hour power breakdown in one of the worst blackouts that was triggered by Saturday evening’s storm.

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In Maha, power in all villages only by year end

In Maha, power in all villages only by year end

Prime minister Narendra Modi may have claimed that all villages in the country have got electrified but state discom MSEDCL says this target will be achieved in the state only by the year end.

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Pakistan Must Stop Ranting About Kishanganga Project

Pakistan Must Stop Ranting About Kishanganga Project

The National Security Committee of Pakistan on 2nd May asked the Water Resources Division to forcefully pursue the violations of the Indus Water Treaty by India with the World Bank.

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Trump sees chance of breakthrough in meeting with Kim: Bolton

Trump sees chance of breakthrough in meeting with Kim: Bolton

US President Donald Trump sees the chance of a breakthrough in his meeting with North Korean leader Kim Jong-un in Singapore on June 12, his top National Security Advisor said today, but noted that he is aware of the challenges ahead.

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China's Shenzhen Center Power Tech to relocate battery operations

China's Shenzhen Center Power Tech to relocate battery operations

Shenzhen Center Power Tech Co Ltd, a Chinese lead-acid battery maker, will shift its production facility to Vietnam and the inland province of Hubei, the latest in a string of companies to look beyond China amid tighter regulations.

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China approves $347 million coal mine expansion in Henan province

China approves $347 million coal mine expansion in Henan province

China approved an expansion of a coal mine project owned by Shenhuo Group in Henan province to 2.4 million tonnes from current 900,000 tonnes, the National Energy Administration (NEA) said in a statement on Monday

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Petrol, diesel prices hiked after 19-day pre-poll hiatus

Petrol, diesel prices hiked after 19-day pre-poll hiatus

After a 19-day pre-Karnataka poll hiatus, petrol price was today hiked by 17 paise a litre and diesel by 21 paise as PSU oil firms began passing on the spike witnessed in international rates to consumers.

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Petrol, diesel prices hiked after Karnataka elections

Petrol, diesel prices hiked after Karnataka elections

State run oil marketing companies on Monday raised petrol and diesel prices by 17 paise and 21 paise per litre respectively, after retail automobile fuel prices remained unchanged since 24 April.

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IT, oil and gas cos report multi-period growth in March qtr

IT, oil and gas cos report multi-period growth in March qtr

India Inc’s aggregate report card for the March 2018 quarter so far shows multi-period growth in sales, operating and net profit. But this cannot be considered as an indicator of overall growth at the end of the results season since it is largely driven by companies in the information technology (IT) and oil and gas (mainly Reliance Industries) sectors.

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Total set to develop natural gas resources in Oman

Total set to develop natural gas resources in Oman

French energy group Total said on Sunday it had signed a memorandum of understanding with the government of Oman to develop natural gas resources in the Gulf state.

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UAE state oil giant ADNOC plans to invest $45 billion in downstream expansion

UAE state oil giant ADNOC plans to invest $45 billion in downstream expansion

Abu Dhabi National Oil Company (ADNOC) plans to invest $45 billion over the next five years to expand its refining and petrochemicals operations, it said on Sunday.

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Algeria's Sonatrach to sharpen focus on petrochemicals

Algeria's Sonatrach to sharpen focus on petrochemicals

Algerian state energy company Sonatrach will focus on petrochemical deals to reduce the North African country's fuel imports while boosting revenue, its chief executive said.

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'US may impose sanctions on European firms working with Iran'

'US may impose sanctions on European firms working with Iran'

Following United States' withdrawal from the Iran nuclear deal, White House national security adviser John Bolton on Sunday said there is a possibility of secondary sanctions being imposed on the European companies doing business with Iran.

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No one can assure stability of oil prices: UAE Energy Minister

No one can assure stability of oil prices: UAE Energy Minister

The Energy Minister for the United Arab Emirates (UAE), Suhail Al Mazroui on Sunday said that nobody could assure the stability of global crude oil prices.

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Rouhani says Iran may remain part of nuclear accord

Rouhani says Iran may remain part of nuclear accord

President Hassan Rouhani said on Sunday that Iran would remain committed to the 2015 nuclear deal if its interests were protected, while his foreign minister hoped the pact could be redesigned without Washington as a member.

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How once-mighty Venezuelan economy collapsed

How once-mighty Venezuelan economy collapsed

How did Venezuela, once Latin America's richest country, sink into ruin? As the country faces a presidential election Sunday, here are four key elements in the unravelling of its economy.

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WPI inflation rises to 3.18 per cent in April on costlier fuel, fruits

WPI inflation rises to 3.18 per cent in April on costlier fuel, fruits

Inflation based on wholesale prices shot up to 3.18 per cent in April on increasing prices of petrol and diesel as well as fruits and vegetables.

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5 New Greenfield Highways To Cut Travel Time Planned: All You Need To Know

5 New Greenfield Highways To Cut Travel Time Planned: All You Need To Know

Only last month the Union Road Transport and Highways Ministry had announced the building of a Super Expressway between Mumbai and Delhi. A dream come true for road trip enthusiasts, this super expressway is expected to reduce travel time between the two cities by half, covering 1,410 km in less than 12 hours!

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World's 'tallest' railway bridge constructed at Noney in Manipur

World's 'tallest' railway bridge constructed at Noney in Manipur

In an exclusive coverage by News Nation, watch the highest railway bridge construction project in the world which is being developed by the Northeast Frontier Railway's (NFR) construction organization.

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Smaller Projects, Hybrid Annuity Model Make Infrastructure More Viable; Smaller Firms Grab Lion’s Share In Current Fiscal

Smaller Projects, Hybrid Annuity Model Make Infrastructure More Viable; Smaller Firms Grab Lion’s Share In Current Fiscal

With changes in how the National Highways Authority of India (NHAI) and its parent body Ministry of Road Transport and Highways (MoRTH) give out projects, the infrastructure sector has gathered momentum. The biggest beneficiary post the changes are however not the well established infrastructure majors but relatively smaller firms.

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Railways set to decongest Thane; Public to benefit, but cost soars from Rs 428 cr to Rs 519 cr

Railways set to decongest Thane; Public to benefit, but cost soars from Rs 428 cr to Rs 519 cr

Railways work for a new Digha station has been flagged off on the Kalwa-Airoli route last Monday. In order to take a train to Vashi, commuters travelling from Kasara, Karjat will not have to come to Thane. The new Digha station will serve two purposes: shorten the journey of the passengers and decongest Thane station, reported DNA.

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Railways alerts against touts running IRCTC job rackets

Railways alerts against touts running IRCTC job rackets

Railways on Monday alerted citizens against touts running IRCTC job rackets. The Indian railways took to its Twitter account to warn against touts making a fool out of innocent people by providing them fake assurance of IRCTC jobs.

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Railways launches Mobile App for General, Platform Tickets

Railways launches Mobile App for General, Platform Tickets

The Northern Railways authorities have launched a mobile-based app UTS (Unreserved Ticketing System) for rail commuters of Ferozepur Division to get general as well platforms tickets.

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Railways ropes in noted Architect to Redevelop Network, earn 1L crore

Railways ropes in noted Architect to Redevelop Network, earn 1L crore

A redevelopment plan for the entire mass transit system, designed by architect Hafeez Contractor, could help railways earn Rs 1 lakh crore. The plan for suburban railway network will be unveiled in a few months.

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Stations have commuters, not facilities

Stations have commuters, not facilities

While lack of tickets, especially to specific destinations, remains the major issue at halt stations, commuters say toilets and amenities like a foot-overbridge or subway are also necessary.

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TTD asks SCR for direct Vijaywada train

TTD asks SCR for direct Vijaywada train

Tirumala Tirupati Devasthanams (TTD) has sought the introduction of direct train between Vijayawada and Tirupati via Kadappa to provide better connectivity to the pilgrim town.

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