Tamil Nadu Chief Minister MK Stalin on Sunday wrote to Prime Minister Narendra Modi seeking immediate directions to the Ministry of Petroleum and Natural Gas to cancel the bid process for extraction of hydrocarbon in Vadatheru Block of the Cauvery Basin in Pudukkottai district. In the letter, the Tamil Nadu Chief Minister urged the Prime […]
Day: June 14, 2021
Reliance Power to raise Rs 1,325 cr from R-Infra via preferential allotment
Anil Ambani-led Reliance Power will raise Rs 1,325 crore by issuing preferential shares and warrants to its parent Reliance Infrastructure. The company said its board of directors has approved preferential issue of upto 59.5 crore equity shares and upto 73 crore warrants convertible into equivalent number of equity shares at an issue price of Rs […]
Navy joins in Meghalaya mine rescue efforts; 5 trapped for 14 days
The Indian Navy, which was able to pull out three bodies from a flooded mine in Meghalaya using a sophisticated machine in 2019, on Sunday joined operations to rescue five miners trapped for 14 days in another such illegal coal mine in the state, an official said. The water level in the mine at Umpleng […]
Iran could offer India access to Jask port for strategic oil reserve facility
Iran, currently negotiating with global powers for its return to the mainstream global economic scene, could offer India access to its port of Jask as a base for strategic oil reserves and a standalone gas pipeline to meet New Delhi’s growing energy demands. The proposal was put forward by Iranian ambassador to India Ali Chegeni […]
Goa Industrial Development Corporation’s coal block plans in limbo
Goa’s ambitious plan to extract coal from the Dongri Tal II coal block appears to be staring at a setback as the Centre has yet to agree to Goa’s plea for time to complete the formalities and pay the Rs 163.9 crore performance guarantee. It has been more than two months since Goa Industrial Development […]
FedEx Express operated third charter flight carrying COVID-19 supplies
Transportation company FedEx Express has operated its third dedicated chartered service, carrying COVID-19 supplies and personal protective equipment (PPE) to India. The third FedEx Boeing 777 Freighter charter flight carrying over 2,50,000 face shields, 1,00,000 goggles, more than 80,000 coveralls and gowns and over 1,34,000 KN95 and N95 masks landed in Mumbai on June 13 […]
Energy majors bid for Qatar LNG project despite lower returns
Six top western energy firms are vying to partner in the vast expansion of Qatar’s liquefied natural gas output, industry sources said, helping the Gulf state cement its position as the leading LNG producer while several large projects around the world recently stalled. Exxon Mobil, Royal Dutch Shell, TotalEnergies and ConocoPhillips, which are part of […]
Coal India’s 114 mining projects under different stages of implementation: Govt report
State-owned Coal India Ltd’s (CIL) 114 ongoing coal projects, costing Rs 20 crore and above, are under different stages of implementation, according to a report. Implementation and completion of these projects depend upon critical extraneous factors such as possession of land, green clearances and evacuation infrastructure, the coal ministry said in its annual report 2020-21. […]
BPCL opens 200-bed Covid hospital at Bina Refinery
Bharat Petroleum Corporation-run Bina Refinery has opened a 200-bed Covid-19 care hospital at its premises and laid the foundation stone for an oxygen plant. The refinery in central Madhya Pradesh has also launched a vaccination camp to inoculate all frontline workers and their families apart from all contract workers for free, the company said. The […]
Petrol price: Oil Minister Dharmendra Pradhan says Rahul Gandhi should seek cut in high taxes in Congress-ruled states
With petrol and diesel prices climbing to record high, Oil Minister Dharmendra Pradhan on Sunday said Congress governments in Rajasthan and Maharashtra should cut high sales tax if the party was concerned about fuel price burden on common man. Petrol and diesel have risen to all-time high across the country after fuel rates rose by […]
Rajnath Singh inaugurates BRO’s two Centres for Excellence
Two Centres of Excellence which are going to help the Border Roads Organisation (BRO) to achieve excellence in road safety, and to foster growth in construction of roads, bridges, air fields and tunnels have been dedicated to the nation on Friday (June 11, 2021).
Only 9% of renewables announced since 2018 currently being installed: Report
Among the 84,408 mega-watt (MW) of large-scale renewable energy projects announced since the beginning of 2018, only 8,039 MW are currently under-construction and the remaining capacities are still under various stages of implementation, a report jointly released by Ficci and Ernst & Young pointed. The report, which tracked the development of 332 renewable energy projects […]