(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…
Author: Aruna Sharma
(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…
(HT) कैशलेस व्यवस्था को बढ़ावा देने के लिए एक मार्च से बैंकिंग नियमों में कई बड़े बदलाव हुए है। निजी और सरकारी बैंकों ने लेन-देन पर चार्ज वसूलने की तैयारी कर ली है। एक मार्च से फ्री ट्रांजेक्शन लिमिट के बाद ग्राहक को अब हर ट्रांजेक्शन के लिए फीस और सर्विस चार्ज वसूला जाएगा। अगर आपका सेविंग अकाउंट भारतीय स्टेट बैंक (SBI) में है तो आप माह में एटीएम से तीन बार ही कैश ट्रांजेक्शन फ्री में कर पाएंगे। अगर आप इससे ज्यादा कैश ट्रांजेक्शन करते है तो आपको हर ट्रांजेक्शन पर 50 रुपए और सर्विस चार्ज देना होगा। भारतीय…
With effect from 1st March, 2017, non-subsidized price of LPG cylinder has increased by Rs.86. This is in line with the rise in global LPG product prices. However, there will be no impact on the LPG consumers receiving subsidized refills. To illustrate with an example, the consumer will pay Rs.737 for a new refill in Delhi w.e.f. 1st March, 2017 and will receive subsidy amount of Rs.303 in his/ her account and the net price for the consumer will be Rs.434, which remains unchanged. Thus, there will be no net impact of the increase in price of non-subsidized cylinder on the LPG consumers…
(TOI) The proposed hydrocarbon projects in Neduvasal and Karaikal, which have run into rough weather, are not the first in Tamil Nadu, and they are as safe as three similar projects operating in the state, the Centre has said.The projects would generate 500 direct jobs and Rs 300 crore, the Union ministry of petroleum and natural gas said in a statement on Monday, and Tamil Nadu can earn Rs 40 crore in royalty by implementing them. Seeking to dispel fears of environmental contamination and health hazards, ministry officials said misconceptions were fuelling protests in the state.There are three similar operational…
(MENAFN) The Ministry of Micro, Small and Medium Enterprises (MoMSME) is organizing an awareness programme on Energy Efficient Technology for MSMEs in West Bengal.The event is being jointly organized by MSME DI Kolkata, Ministry of MSME and Federation of Small & Medium Industries, WB with technical support from Petroleum Conservation Research Association (PCRA), Ministry of Petroleum & Natural Gas, Government of India.The event will be held on February 28, 2017 at Sankrail Industrial Park, Howrah.Energy Efficient Technology introduces the concept of energy efficiency and along with some associated technologies seeks to achieve even higher energy efficiency to cope with energy…
(ET) Prime Minister Narendra Modi will inaugurate ONGC Petro Additions Ltd’s (OPaL) mega petrochemical project at Dahej on 7 March, oil minister Dharmendra Pradhan said today. The Petroleum Minister is on an official tour to review the preparations of OPaL Dahej mega petrochemical plant before it is inaugurated by the PM. “Spread over 508 hectares with an investment of over Rs 30,000 crore, OPaL is the single-largest petrochemical complex in India producing 1.9 MMT,” Pradhan said. The 1,100 kilo tonnes per annum (KTPA) capacity dual feed cracker unit has already been commissioned and delivered its first consignment of about 400 tonnes of polymer to an Ahmedabad-based company. The…