(BS) State-run Indian Oil Corporation (IOC) plans to come up with a 15-million-tonne (mt) refinery, with an investment of about Rs 40,000 crore, at Nagapattinam in Tamil Nadu.Currently, Nagapattinam has a 1-mt plant operated by Chennai Petroleum Corporation (CPCL), an IOC subsidiary. “We are planning to expand the 1-mt plant to 9 mt during the first phase, and will later expand it to a 15-mt mega refinery,” said an official source close to the development. National Iranian Oil Company (NIOC) has a 15.4 per cent stake in CPCL, which runs two refineries — 10.5-mt Manali plant in Chennai and Nagapattinam refinery…
Author: Aruna Sharma
(Indiainfoline) NTPC is all set to expand its operation in Pakri Barwadih coal mine in Jharkhand to achieve an annual mining capacity of 18 million tonnes. In 2015, the company had entered into a joint venture of Thriveni Earthmovers and Sainik Mining for the development of the mine. NTPC plays a pivotal role in meeting the power requirements of the country and also, contributes around 24% to the electricity generation. The stock of NTPC ended down on the bourses and in the last one year, the stock of the company has given a return of 30.2%. ICICI Prudential Mutual Fund,…
(AU) केंद्र सरकार ने रद्दी हो चुके 500 और 1000 के पुराने नोटों को लेकर बनाए गए कानून की अधिसूचना जारी कर दी है। जिसमें 10 या उससे ज्यादा रद्दी हो चुके नोट पाए जाने पर न्यूनतम 10 हजार रूपये का अर्थदंड लगाया जाएगा।इससे पहले पिछले महीने पुराने नोटों (500 और 1000) को बाजर से पूरी तरह से खत्म करन के लिए सरकार ने संसद में नोटबंदी विधेयक 2017 पास कर दिया। 27 फरवरी को राष्ट्रपति प्रणव मुखर्जी ने कानून पर हस्ताक्षर कर दिए, जिसके मुताबिक उस व्यक्ति के लिए 50 हजार के न्यूनतम दंड का प्रावधान किया है जिसने…
(TH) The civic body that has installed 44 kW capacity solar panels atop the roof of Anna Maaligai, its office, at a cost of Rs 55 lakh in 2016, a first-of-its-kind in Tamil Nadu, is reaping the benefits now handsomely. In the last 10 months, its power bill has come down steeply. Every month, the Corporation saved almost 50 % in power bill as each kW capacity of solar panel generated 3 to 4 units of electricity, said Commissioner Sandeep Nanduri. Following the success, it has now planned to identify similar buildings for installation of solar panels.Speaking to The Hindu, he…
(AU) पाकिस्तान ने आतंकी गुटों को भारत के खिलाफ तैयार किया था, लेकिन अब ये आतंकी संगठन दानव बन चुके हैं और खुद पाक को ही लील रहे हैं। संयुक्त राष्ट्र में भारत के राजदूत एवं स्थायी प्रतिनिधि अजीत कुमार ने कहा कि पाक ने जिन आतंकी गुटों को पैदा किया, अब वह उन्हीं का शिकार बन रहा है। भारत ने संयुक्त राष्ट्र से कहा कि वो पाकिस्तान से सुरक्षा परिषद के उस प्रस्ताव को मानने पर जोर डाले जिसके मुताबिक पाकिस्तान को कश्मीर के एक हिस्से पर अपने अवैध कब्जे को छोड़ वापस लौटना था। भारत ने कहा कि यह…
(FE) India’s oil marketing companies (OMCs) — Indian Oil, Bharat Petroleum and Hindustan Petroleum — are in the process of floating a not-for-profit organisation to administer the National Democratic Alliance (NDA) government’s Ujjwala Plus scheme. The scheme is for prividing free liquefied petroleum gas (LPG) connections to those certified below-poverty line families which were left out in the Socio-Economic Caste Census (SECC) 2011, and will not receive benefit under the government’s Pradhan Mantri Ujjwala Yojana (PMUY). PMUY saw phenomenal success and achieved its first-year target of reaching 1.5 crore beneficiaries within eight months. PMUY was launched in May 2016 at…
(TIE) Petroleum Minister Dharmendra Pradhan will showcase India’s oil and gas field discoveries at a global energy conference beginning in Houston next week. Pradhan and Russia’s energy minister Alexander Novak will be among those to address the international gathering of industry, policy and financial leaders at CERAWeek 2017, organised by the UK-based IHS Markit from March 6 to 10. “We look forward to Novak’s perspectives on behalf of Russia, the world’s largest oil producer and those of Pradhan’s on behalf of India, the world’s fastest-growing major energy market as well as future prospects for its domestic oil and gas production,” said…
DRDO conducted the successful launch of the interceptor missile Advanced Area Defence (AAD) at 1015 hrs today from Abdul Kalam Island, Odisha. The endo-atmospheric missile, capable of intercepting incoming targets at an altitude of 15 to 25 kms successfully destroyed the incoming missile. All the mission objectives were successfully met. The weapon system radars tracked the target and provided the initial guidance to the interceptor which could precisely home on to the target and destroyed it in endo-atmospheric layer. The complete event including the engagement and destruction was tracked by a number of electro-optical tracking systems using infrared imagery. Radars…
Foreign Exchange Earnings (FEEs) during the month of January 2017 were Rs.16,097 crore as compared to Rs.13,669 crore in January 2016 and Rs.12,100 crore in January 2015. The growth rate in FEEs in rupee terms during January 2017 over January 2016 was 17.8% as compared to the growth of 13.0% in January 2016 over January 2015. Based on the credit data of Travel head as available from Balance of Payments of RBI for the previous year, Ministry of Tourism estimates and releases the data of Foreign Exchange Earnings (FEEs) through tourism in India, both in rupee and dollar terms, for the current month applying…
In a major step taken to develop adequate sewage treatment infrastructure in Patna to keep Ganga clean, projects worth Rs 1,050 crore have been awarded under Namami Gange programme. The amount will be spent for setting up two two Sewage Treatment Plants (STPs),renovation of one existing STP , construction of two pumping stations and laying of new underground sewage network of about 400 kilometers. Contracts to build STP of 60 MLD capacity and laying of new underground sewage network of 227 kilometers in Saidpur zone of the city have been awarded to UEM India Pvt. Ltd and Jyoti Build…