On October 1, 2018, IOCL, BPCL & HPCL invited EoI for supplying Compressed Bio Gas (CBG) from plants processing biomass / waste to their retail outlets across the country. The EoI is an ongoing process initially opened till March 31, 2019. Every first day of the month an EoI will be issued and expire at […]
The price of crude oil is moving northwards, while the Indian currency is moving southwards. The same is the situation worldwide with the exception of a few developed or oil producing nations. The net effect is, high oil price to the retail consumers.
After ensuring that the earlier target for providing electricity in every village in 1,000 days (announced on Aug 15, 2015) had been nearly achieved, the Prime Minister Narendra Modi on Oct 25, 2017 had set another task – provide electricity connection to every household of the country by Mar 2019. Later this deadline was preponed […]
Coal India (CIL) managed a 10.6 pc production growth during Apr-Sep and an 8.1 pc jump in total supplies against the previous corresponding period. Coal supplies to power sector was up 10 pc during the period.
The government plans to make projects such as power plants, mines and oil and gas exploration ventures and expansion initiatives subject to checks by independent auditors to ensure they are complying with environmental conditions. The government-approved auditors will conduct randomised, third-party compliance monitoring of environment clearance conditions, according to a draft notification of environment ministry.
The centre is keen on replacing an outdated old coal based thermal power plant at Talcher in Odisha but the state Chief Minister Naveen Patnaik is creating roadblocks in giving clearances for the last 15 months. In a letter dated Sep 14, 2018 by RK Singh, minister of state for power to Odisha Chief Minister […]
On Sep 18, 2018, the Competition Commission of India (CCI) imposed a Rs 38 crore penalty on 18 sugar mills and two trade associations, ISMA and EMAI, for rigging bids in joint tenders floated by public sector oil marketing companies (OMCs) for procuring methanol for 5 per cent blending with petrol. On Jan 2, 2013 […]
On Sep 10, 2018, the Supreme Court allowed the government to implement safeguard duty on imported solar panels and modules, setting aside an order of the Orissa High Court that stayed the imposition of the levy. But, the Orissa High Court will continue to hear a petition and finally if it allows the petition, the […]
On Oct 10, 2018, the government notified fiscal incentives to attract investments and technology in raising oil and gas production from ageing fields, which will unlock an estimated Rs 50 lakh crore of hydrocarbons in the next 20 years, oil minister Dharmendra Pradhan said.
When the Prime Minister Narendra Modi on Apr 27, 2017 launched the UDAN (Ude Desh Ka Aam Nagrik) scheme in Shimla by flagging off an Air India Delhi-bound flight, he said “My dream was to see a person who wears a ‘hawai chappal’ to fly on the ‘hawai jahaz’ or plane.”
During the four months from Mar to Jun 2018, Gujarat Urja Vikas Nigam Ltd (GUVNL) had to purchase 6,749 MUs from high cost sources like power exchange, bilateral and spot LNG to fulfil their demand. The average cost for this procurement was Rs 4.30 per unit, about Rs 2 more than the tariff agreed by […]
The ministry of health & family welfare (MoH&FW) has proposed guidelines for the “procurement of clotting factor concentrates in India”. Once implemented, these guidelines will be applicable for all state governments and the central government agencies procuring blood clotting factor concentrates.
