GOOD EVENING INDIA

June 20, 2018, Wednesday

Your Evening News Updates From Across The Media Space

Power demand touches record high as temperature soars across India

Power demand touches record high as temperature soars across India

With a heat wave gripping the country-- the northern states are reeling with temperatures of 44-46 degrees Celsius -- the demand for electricity has soared to a record high. On Wednesday, India recorded a cumulative power demand of 170,121 Mw, which is around 8 per cent higher than the same month last year.

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Vedanta Warns of Indian Aluminum Output Cuts on Coal Curbs

Vedanta Warns of Indian Aluminum Output Cuts on Coal Curbs

India’s biggest aluminum producer may be forced to reduce output if restrictions on coal supplies to the non-power sector drag on for another week, according to Vedanta Ltd.’s chief executive officer for metals business in the country.

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General Electric's power unit fights for growth as wind, solar gain

General Electric's power unit fights for growth as wind, solar gain

Vistra Energy Corp and Dominion Energy Inc - which serve about 5.5 million electricity customers in more than a dozen U.S. states - both say they are done building combined-cycle natural gas-fired power plants.

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Hawaii volcano belches new ash plume as geothermal wells secured from harm

Hawaii volcano belches new ash plume as geothermal wells secured from harm

The restive Kilauea Volcano belched clouds of ash into the skies over Hawaii's Big Island twice more on Wednesday as civil defense authorities reported that pressurized geothermal wells at a nearby power plant had been secured from approaching lava.

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Retrospective charges irk green power companies in Karnataka

Retrospective charges irk green power companies in Karnataka

Renewable energy developers in Karnataka are agitated over an order passed by the state power regulator imposing “transmission and wheeling charges” on them retrospectively – on solar projects from end-March 2017, on wind projects from October 2013 and on mini hydel projects from January 2015.

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New wind projects would deliver enough power for 600K homes

New wind projects would deliver enough power for 600K homes

Massachusetts and Rhode Island have announced offshore wind projects aimed at delivering a combined 1,200 megawatts of energy - or enough to power 600,000 homes.

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Fodder pellets out of paddy straw to tackle burning issue

Fodder pellets out of paddy straw to tackle burning issue

To bring down air pollution due to stubble burning, Guru Angad Dev Veterinary and Animal Sciences University (Gadvasu) has signed a memorandum of understanding (MoU) with a Khanna and a Chennai company (a subsidiary of Doha-based firm Messrs Neway Renewable Energy Private Limited) to convert paddy straw into enriched fodder pellets for cattle.

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EAPL launches e-rickshaw awareness campaign

EAPL launches e-rickshaw awareness campaign

Eastman Auto and Power Limited (EAPL), a leading company in energy storage and solar solutions, has embarked on a one-of-a-kind initiative to sensitise people about the benefits of e-rickshaw overall and what kinds of batteries are best suited for this vehicle.

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Montenegro power firm EPCG sees surge in Q1 profit on healthy hydro

Montenegro power firm EPCG sees surge in Q1 profit on healthy hydro

Net profit at Montenegro's power utility Elektroprivreda Crne Gore (EPCG) soared in the first quarter to 30.8 million euros ($36 million), boosted by healthy power generation, the utility said on Wednesday.

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Electric vehicles could save billions on energy storage

Electric vehicles could save billions on energy storage

Using electric vehicles (EVs) as mobile power storage could eliminate the need to build costly stationary grid storage for energy from renewable sources, a study has found.

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Govt accelerates exploration, drilling of coal in North East states

Govt accelerates exploration, drilling of coal in North East states

The government has accelerated exploration and drilling of coal in the northeastern states of the country, according to a coal ministry official.

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Windfall oil tax on ONGC in offing to soften fuel prices

Windfall oil tax on ONGC in offing to soften fuel prices

The government may levy a windfall tax on oil producers like Oil and Natural Gas Corp (ONGC) as part of a permanent solution it is working on for moderating the spiralling retail prices of petrol and diesel.

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India’s government is asking its largest oil company to sell fuel below global prices

India’s government is asking its largest oil company to sell fuel below global prices

Officials from the petroleum ministry have said that the government will ask ONGC to sell it’s fuel to refiners and distributors at around $70 a barrel.

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Indraprastha Gas fourth quarter net profit up 31 per cent to Rs 175 crore

Indraprastha Gas fourth quarter net profit up 31 per cent to Rs 175 crore

City gas supplier Indraprastha Gas Limited reported its standalone net profit for the fourth quarter ended March 2018 rose 31 per cent to Rs 175 crore on the back of increased Compressed Natural Gas (CNG) and Piped Natural Gas (PNG) sales. Net profit in the corresponding quarter stood at Rs 134 crore.

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Vietnam's Nghi Son refinery sells first diesel batch to local market

Vietnam's Nghi Son refinery sells first diesel batch to local market

Vietnam's Nghi Son Refinery and Petrochemical LLC has sold its first batch of diesel to the local market, after its new refinery was put into operation in April, the Vietnam Oil and Gas Group said on Thursday.

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Soaring crude may not lead to big investments: L&T Hydrocarbon MD Subramanian Sarma

Soaring crude may not lead to big investments: L&T Hydrocarbon MD Subramanian Sarma

Crude oil prices hitting a four-year high may not lead to big investments in the sector as global energy majors are still being cautious, Subramanian Sarma, managing director of Larsen & Toubro’s arm L&T Hydrocarbon Engineering, told ET.

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OVL FY18 net profit up 29 pc on higher oil production

OVL FY18 net profit up 29 pc on higher oil production

ONGC Videsh Ltd, the overseas investment arm of state-owned Oil and Natural Gas Corp (ONGC), today reported a 29 per cent jump in its net profit for the fiscal year ending March 31, 2018 as it produced more crude oil and natural gas.

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Exxon to cut methane emissions in bid to tackle climate change

Exxon to cut methane emissions in bid to tackle climate change

Exxon Mobil Corp said on Wednesday it was targeting a 15 percent cut in methane emissions by 2020, the latest effort by an oil major to reduce its carbon footprint and address climate change concerns.

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UP cabinet approves proposal for piped cooking gas supply in state

UP cabinet approves proposal for piped cooking gas supply in state

In a major step towards bringing natural gas pipeline directly to the kitchens, the state cabinet has cleared the proposal of Green Gas Limited (GGL), a joint venture between GAIL and Indian Oil Corporation Limited

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Punjab fuel pump owners demand reduction in VAT on fuel

Punjab fuel pump owners demand reduction in VAT on fuel

Fuel pump owners in Punjab today sought reduction in taxes on petrol and diesel, alleging that higher retail prices in the state have led to smuggling of fuel from Chandigarh, where rates are comparatively lower.

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Fuel price hike: Protests against rise in petrol, diesel prices in Delhi

Fuel price hike: Protests against rise in petrol, diesel prices in Delhi

Youth Congress activists today staged a protest against the steep rise in petrol and diesel prices near the Ministry of Petroleum and Natural Gas here, blaming the BJP-led Centre for the same.

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GST on fuel price not possible until all state FMs agree: MoS Finance

GST on fuel price not possible until all state FMs agree: MoS Finance

With prices of petrol and diesel soaring high, Minister of State (MoS) for Finance Shiv Pratap Shukla on Wednesday suggested that imposing Goods and Services Tax (GST) on fuel price will not be possible until and unless all state finance ministers agree.

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Fuel price hike: Protests to be held across Mumbai against petrol price rise

Fuel price hike: Protests to be held across Mumbai against petrol price rise

Targeting the Narendra Modi-led government at the Centre over the fuel price hike, opposition Congress sought to know why the petrol-diesel rates have gone up despite a fall in international crude oil prices.

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Global crude oil prices drop on potential increase in OPEC output

Global crude oil prices drop on potential increase in OPEC output

Oil prices fell on Thursday, pulled down by expectations that OPEC members could step up production in the face of worries over supply from both Venezuela and Iran.

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Modi Govt spent the past 4 years on long-term infrastructure build in Railways

Modi Govt spent the past 4 years on long-term infrastructure build in Railways

Considering its size, scale of operations and importance in the country’s transport infrastructure, the Railway Ministry got a political lightweight at the helm when the Narendra Modi government came to power in 2014.

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Secunderabad Railway Station Awarded Platinum Rating by IGBC–CII

Secunderabad Railway Station Awarded Platinum Rating by IGBC–CII

Secunderabad Railway Station (Central Station) is one of the biggest and busiest railway stations in the Indian railway system. It is the main railway terminus and a major commuter hub in the Hyderabad Urban Area which is the capital of Telangana state

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Indian Railways confirmed tickets under emergency quota con exposed

Indian Railways confirmed tickets under emergency quota con exposed

A 29-year-old Lucknow native has been arrested by Mumbai Government Railway Police (GRP) for allegedly sending forged letterheads of a former state home secretary to divisional railway managers (DRMs) in Mumbai for getting confirmed railway tickets in emergency quota.

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Ministry of Railways signs MoU with Braithwaite & Company Ltd (BCL) for 2018-19

Ministry of Railways signs MoU with Braithwaite & Company Ltd (BCL) for 2018-19

The Ministry of Railways and Braithwaite & Company Limited (BCL), a CPSE under the administrative control of the Ministry of Railways, has signed a Memorandum of Understanding.

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Ministry of Railways and RCIL sign an MoU for 2018-19

Ministry of Railways and RCIL sign an MoU for 2018-19

Ministry of Railways and RailTel Corporation of India Limited (RCIL), a CPSE under the administrative control of the Ministry of Railways, signed a Memorandum of Uunderstanding (MoU). RCIL is implementing several Rail projects all over India for doubling, New Line, Electrification, Workshops etc.

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Ministry of Railways and IRCON sign an MoU for 2018-19

Ministry of Railways and IRCON sign an MoU for 2018-19

Ministry of Railways and, Indian Railway Construction Company, International Ltd (IRCON) a Central PSU under the administrative control of the Ministry of Railways, signed an MoU with Ministry of Railways.

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Ministry of Railways and MRVC sign an MoU for 2018-19

Ministry of Railways and MRVC sign an MoU for 2018-19

Ministry of Railways signed a Memorandum of Understanding (MoU) with Mumbai Railway Vikas Corporation Ltd (MRVC), a Joint venture of Ministry of Railways and the Government of Maharashtra, under the administrative control of the Ministry of Railways.

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18 Special Trains between Yesvantpur – Visakhapatnam

18 Special Trains between Yesvantpur – Visakhapatnam

In order to clear extra rush of passengers during summer season, 18 weekly Tatkal Express Special trains between Yesvantpur – Visakhapatnam will be run as detailed below:

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Indian Railways eyes Rs.1,100 Crore from land sale in Delhi

Indian Railways eyes Rs.1,100 Crore from land sale in Delhi

Indian Railways is expecting to earn Rs 1,100 crore through monetisation of a 15 hectare plot in Delhi’s Sarai Rohilla. Two builders—Noida-based Eldeco and Mumbai-based RNA Builders-—have bid for the land, which is about 5 km from Connaught Place, railway ministry officials said.

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