GOOD EVENING INDIA

October 23, 2018, Tuesday

Your Evening News Updates From Across The Media Space

Sterlite Power Eyes $4 Billion Investment In Brazil By 2022

Sterlite Power Eyes $4 Billion Investment In Brazil By 2022

Sterlite Power, which won orders to build power transmission lines in Brazil last year, is mulling an investment of USD 4 billion in energy projects in Brazil by 2022.

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NTPC Puts Off Solar Projects Auction Amid Developers Concerns On Evacuation

NTPC Puts Off Solar Projects Auction Amid Developers Concerns On Evacuation

State-run power giant NTPC has deferred auction of 2,000 MW solar capacities to the first week of June as developers have sought resolution of inter-state connectivity issue before going ahead with the sale, sources said.

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New Mexico Adds 3 Rigs As National Count Rises By 1 To 1,046

New Mexico Adds 3 Rigs As National Count Rises By 1 To 1,046

The number of rigs exploring for oil and natural gas in the U.S. increased by one this week to 1,046. At this time a year ago there were 901 active rigs.

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Tata Steel Completes Rs 35,200 Cr Acquisition Of Controlling Stake In Bhushan Steel

Tata Steel Completes Rs 35,200 Cr Acquisition Of Controlling Stake In Bhushan Steel

Bamnipal Steel Ltd (BNPL), a wholly-owned subsidiary of Tata Steel, has successfully completed the acquisition of controlling stake of 72.65 per cent in Bhushan Steel Ltd (BSL).

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HUL Chairman Manwani Appointed Independent Director On Tata Sons Board

HUL Chairman Manwani Appointed Independent Director On Tata Sons Board

HUL Non-Executive Chairman Harish Manwani has been appointed as an Independent Director of Tata Sons.

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Tamil Nadu CM Lays Foundation Stone For Rs 1,850 Cr Kundah Hydro Project

Tamil Nadu CM Lays Foundation Stone For Rs 1,850 Cr Kundah Hydro Project

Tamil Nadu Chief minister Edappadi K Palaniswami on Friday laid the foundation for the Kundah Pumped Storage Hydro-Electric Project (4x125MW), which would come up at Kattukuppai in Nanajanad village in the Nilgiris.

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Vizag Warming Up To Rooftop Solar Grids

Vizag Warming Up To Rooftop Solar Grids

With a number of urban consumers from apartment complexes, hotels and educational institutes coming forward to install rooftop solar grids, solar power development is slowly but surely picking up momentum in city.

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Billionaire Tom Steyer Gets Michigan Renewable Energy Deal

Billionaire Tom Steyer Gets Michigan Renewable Energy Deal

Michigan's two dominant utilities committed Friday to increase the power they produce from wind and other renewable sources to 25 percent by 2030 under pressure from billionaire environmentalist Tom Steyer, who ended a ballot drive opposed by the electric providers in response.

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Renewable Energy Outpaces Fossils In India: Reports

Renewable Energy Outpaces Fossils In India: Reports

Wind and solar energy in India are now outpacing fossil fuels as investment opportunities providing on average 12 per cent higher annual returns, 20 per cent lower annual volatility and 61 per cent higher risk-adjusted returns than coal and natural gas, reports said on Friday.

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Nuclear Plant Shuts Down Unexpectedly In Washington State

Nuclear Plant Shuts Down Unexpectedly In Washington State

A nuclear power plant in southeastern Washington shut down unexpectedly on Friday.

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Power Oversupply: The Genesis And The Way Out

Power Oversupply: The Genesis And The Way Out

The Reserve Bank of India (RBI) has recently recommended stricter norms for non-performing assets (NPAs) recognition by banks.

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40 Electric Buses To Hit Hyderabad Roads In Six Months

40 Electric Buses To Hit Hyderabad Roads In Six Months

The Telangana State Road Transport Corporation (TSRTC) will procure 100 electric vehicles, 40 of which will hit the road in the city in six months.

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Oil Prices Hurting, But You Can Make Money From It In Stocks

Oil Prices Hurting, But You Can Make Money From It In Stocks

Rapidly rising oil prices have changed investors' outlook on stocks of upstream oil companies in the domestic market. India is an attractive exploration and production (E&P) location with significant yet-to-find reserve potential.

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Saudi Arabia Gives Assurances On Supply As Oil Hits $80 Per Barrel

Saudi Arabia Gives Assurances On Supply As Oil Hits $80 Per Barrel

As oil prices zoom to $80 a barrel, India has received assurance of ‘stable’ supplies and ‘reasonable’ prices from Saudi Arabia, the influential producer that has itself been working overtime with other key producing countries to jack up prices.

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Cabinet Okays Top-level Appointments To Various Departments

Cabinet Okays Top-level Appointments To Various Departments

MM Kutty, senior IAS officer of the 1985 batch who is Special Secretary, Department of Economic Affairs, will be the next Petroleum Secretary.

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IOC Teams Up With MCPI To Set Up Rs 1,000 cr Polyester Unit In Odisha

IOC Teams Up With MCPI To Set Up Rs 1,000 cr Polyester Unit In Odisha

Indian Oil Corporation (IOC) is teaming up with Chatterjee group arm, MCPI to set up a Rs 1,000 crore polyester staple fibre (PSF) unit in Odisha.

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Lanka IOC Prepared To Set Own Fuel Prices To Minimise Losses

Lanka IOC Prepared To Set Own Fuel Prices To Minimise Losses

Sri Lankan fuel retailer Lanka IOC will be forced to implement its own pricing mechanism to minimise losses if the government fails to implement its proposed fuel price formula, the company said on Friday.

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Union Minister Nitin Gadkari Says Corrupt Road Contractors Will Be Bulldozed, Sparks Row

Union Minister Nitin Gadkari Says Corrupt Road Contractors Will Be Bulldozed, Sparks Row

Union Minister for Road Transport and Highways Nitin Gadkari has courted a controversy for saying that corrupt road contractors will be bulldozed.

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In A First, Railways To Use Ai To Control Air Circulation In Manipur Tunnel

In A First, Railways To Use Ai To Control Air Circulation In Manipur Tunnel

For the first time, the railways will use artifical intelligence to control air circulation, signages and even supervision and maintenance work in the 10.28 km-long tunnel in Imphal as part of its 110 km railway line from Jiribam to Manipur's capital city.

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Railways Officially Announce 9,739 Vacancies For RPF/RPSF

Railways Officially Announce 9,739 Vacancies For RPF/RPSF

The Indian Railways Recruitment Board has officially announced 9,739 vacancies for recruitment in the Railway Protection Force (RPF).

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Road To 2019: PM Narendra Modi Plans Big Infrastructure Push

Road To 2019: PM Narendra Modi Plans Big Infrastructure Push

With close to 200 road projects worth about Rs 1.5 lakh crore likely to be completed by mid-2019, the National Democratic Alliance (NDA) government plans to showcase highway development as one of its biggest achievements in the infrastructure sector ahead of next year’s Lok Sabha elections, three senior officials said.

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Train Service Suspended In Kashmir As Precautionary Measure

Train Service Suspended In Kashmir As Precautionary Measure

Train service was suspended as a precautionary measure in the Kashmir valley, where separatists have called for 'Lal Chowk challo' on Saturday when Prime Minister Narendra Modi is arriving to inaugurate several developmental projects.

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Railway Ministry Asks Zonal Railways To Finish Projects On Time

Railway Ministry Asks Zonal Railways To Finish Projects On Time

The Indian Railways wants all zonal railways to set monthly targets for completing several big-ticket rail projects.

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YESTERDAY'S HEADLINES

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