(ET) Gujarat chief minister Vijay Rupani has decided against approaching the Gujarat Electricity Regulatory Commission (GERC) to raise electricity charges. Electricity users will not be burdened further with the rising costs of electricity generation and distribution, the state government said on Tuesday. Energy minister Saurabh Patel said Gujarat expects Rs 51,507 crore from the consumers during 2020-21 for 87,824 million units of electricity according to the current approved electricity tariff. To compensate the deficit of Rs 882-crore, there needed to be an additional cost of Rs 0.13 per unit for consumers, but this will not be levied, the minister said. Patel said the state government decided to…
Author: Amit Bhanot
Energy Maharatna Oil and Natural Gas Corporation (ONGC) Limited adder another glory to its kitty, bagging S&P Platts Global Energy Award 2019 for Corporate Social Responsibility – Diversified Program. ONGC is the only Indian company to bag honors from Platts this time across all categories. The Award ceremony was held on 12 December 2019 in Cipriani – South Street in New York City. The S&P Global Platts Global Energy Awards 2019 recognizes corporate and individual innovation, leadership, and superior performance in 21categories spanning the entire energy value chain. The award was judged by an independent panel of international energy experts. They…
Union Minister for Steel and Petroleum & Natural Gas, Shri Dharmendra Pradhan participated in the ‘Steeling India-2019: Driving metal intensity in key sectors’ organised by CII here today. In his inaugural address, Shri Pradhan talked about opportunities in steel sector of India, growing steel demand and how technology and innovation can make the Indian steel sector more vibrant. Speaking about innovation, the minister said, “Innovation is the new weapon. More than resource abundance, scientific innovation has played a major role in shaping of the new world. Our domestic industry must leverage innovation and new technologies to identify sustainable and cost…
(PTI) In the wake of violence during protests against the amended Citizenship Act in south Delhi, DMRC closed gates of several metro stations, including GTB Nagar, Shivaji Stadium, Patel Chowk and Vishwavidyalaya, on Sunday evening. In a series of tweets, the Delhi Metro Rail Corporation (DMRC) said that entry and exit gates of GTB Nagar, Shivaji Stadium, Patel Chowk, Vishwavidyalaya, Vasant Vihar, Munirka, R K Puram Metro stations were closed on the advice of the police. According to DMRC, trains will not be stopping at these stations. Earlier, DMRC closed the entry and exit gates of the Sukhdev Vihar Metro station…
(LiveMint) Ahead of Union Budget 2020-21, Finance Minister Nirmala Sitharaman started her first pre-Budget consultation exercise today. Sitharaman held a meeting with various stakeholders representing different sectors to seek inputs from them. Sitharaman is likely to present her second Budget on February 1. According to a report the pre-Budget consultations will continue till December 23. Sitharaman met stakeholder groups of ‘New Economy: Start-ups, Fintech and Digital Sector’ in the morning. A meeting with financial sector and capital market representatives is scheduled later today. A host of topics like ease of doing business, regulatory environment impacting private investment are likely to be discussed in the…
(ET) Larsen & Toubro to has bagged an order in the range of Rs 1,000 crore- Rs 2,500 crore from Rail Vikas Nigam, the engineering major said Thursday.The order entails construction of Rishikesh – Karanprayag Tunnel 2 package works comprising tunnels, bridges and formation works in the state of Uttarakhand. L&T’s heavy civil infrastructure division will execute this order. “The project consists of the main tunnel with parallel escape tunnel and ballast-less track that runs inside the main tunnel. This is a fast track project to be completed within stringent timelines,” L&T said.
(ET) Finance minister Nirmala Sitharaman introduced amendments to the insolvency and bankruptcy code in Parliament Thursday, which will protect successful resolution applicants from criminal proceedings against offence committed by previous promoters, giving comfort to buyers of stressed assets. The bill provides that no agency can attach assets of an insolvent debtor undergoing bankruptcy resolution for prior offence. “An action against the property of the corporate data in relation to an offense shall include the attachment seizure retention or confiscation of such property under such a law as may be applicable to the corporate debtor,” the bill stated. Among other amendments cleared…
PM Modi Addresses Public Meeting In Dhanbad, Jharkhand
(PTI) Against the backdrop of violent protests in Assam opposing the Citizenship (Amendment) Bill, Prime Minister Narendra Modi assured the people of the state on Thursday that they have nothing to worry about the new law In a series of tweets, in both Assamese and English, the prime minister said he personally and the Central government are “totally committed to constitutionally safeguard the political, linguistic, cultural and land rights of the Assamese people as per the spirit of Clause 6.” The Clause 6 of the Assam Accord guaranteed safeguarding local rights, language and culture “I want to assure my brothers…
Government is implementing POSHAN Abhiyaan, earlier known as National Nutrition Mission, since 18th December 2017 to address the problem of malnutrition in the country.The Abhiyaan aims to reduce malnutrition in the country in a phased manner, through a life cycle approach, by adopting a synergised and result oriented approach. To ensure a holistic approach, all districts of States/UTs have been covered in the Abhiyaan. Target is to bring down stunting of the children in the age group of 0-6 years from 38.4% to 25% by the year 2022. The goals of POSHAN Abhiyaan are to achieve improvement in nutritional status of…