Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman in a meeting with Secretaries of the Department of Water Resources, River Development & Ganga Rejuvenation and Ministry of Health & Family Welfare here today reviewed the progress of National Infrastructure Pipeline (NIP) implementation. The agenda was to discuss the progress of NIP projects, expenditure incurred so far and the initiatives taken to expedite the project implementation. This was the second review meeting by the Finance Minister with various Ministries & Departments to monitor and accelerate NIP project implementation. It explains in the meeting that despite the pandemic, the NIP…
Author: Aruna Sharma
(PTI) The government may not be able to close the BPCL and Air India disinvestment transactions by March 31, although it is pushing the sale of five large public sector companies, including BEML, for which it sought interest from potential buyers. With BEML and Shipping Corporation last week, four large state-run entities have been put on the block, and Concor is to be offered for sale as soon as the Railways can decide on the policy. A proposal for the land use policy, a key to Concor disinvestment, is pending for Cabinet approval, sources said. Although this will mean that…
(PTI) L&T Hydrocarbon Engineering (LTHE) says it bags an over to Rs 7,000 crore order from HPCL Rajasthan Refinery Ltd (HRRL), a joint venture between Hindustan Petroleum Corporation (HPCL) and Government of Rajasthan, for setting up a dual feed cracker unit. The engineering and construction company, however, did not provide the exact value of the contract, but specified that as per its classification, the mega project is worth over Rs 7,000 crore. “L&T Hydrocarbon Engineering Limited (LTHE), a wholly-owned subsidiary of Larsen and Toubro, has won an order from HPCL Rajasthan Refinery Limited (HRRL), a joint venture between Hindustan Petroleum Corporation (HPCL)…
(PTI) Union minister R K Singh says India has become power surplus under the leadership of Prime Minister Narendra Modi over the past six years and is also witnessing the highest growth rate in renewable energy in the world. “There is no power deficiency in the country. We have a maximum demand of 1.85 lakh MW of electricity but the present availability is 3.74 lakh MW,” Singh says at a function here. The Union minister of state for power was speaking after signing of memorandum of understanding (MoU) between J&K government and NHPC for implementation of Rs 34,000 core 850 MW Ratle HEP and 930 MW Kirthai-II HEP and execution…
(PTI) Daily new COVID-19 cases in the country remains below 20,000 for the third consecutive day taking the virus caseload to 1,03,40,469, while the recoveries surges to 99.46 lakh, according to the Union Health Ministry data updates on Monday. A total of 16,504 people tests positive for coronavirus infection in a day. The death toll increases to 1,49,649 with 214 new fatalities, the data updates at 8 am shows The number of people who have recuperates from the disease surges to 99,46,867 pushing the national recovery rate to 96.19 per cent, while the COVID-19 case fatality rate stands at 1.45…
Smt. Soma Mondal has taken over as Chairman of Steel Authority of India Limited (SAIL) w.e.f. 01.01.2021. She was the Director (Commercial) of SAIL prior to this. Before joining SAIL as a Director, Smt. Mondal was the Director (Commercial) at NALCO. After assuming the charge on the first day of the year, she addressed the SAIL collective and said, “SAIL has a rich legacy with enormous contributions from its employees and leadership over the decades. It has been at the forefront of the nation building. “There’s a little bit of SAIL in everybody’s life” is an apt description of SAIL’s…
Prime Minister Narendra Modi will deliver the inaugural address at the National Metrology Conclave on Monday via video conferencing. The theme of the conclave is ‘Metrology for the Inclusive Growth of the Nation’. According to the Prime Minister’s Office (PMO), PM Modi will also dedicate ‘National Atomic Timescale’, and ‘Bhartiya Nirdeshak Dravya’ to the nation, and lay the foundation stone of the ‘National Environmental Standards Laboratory’. The National Atomic Timescale generates Indian Standard Time with an accuracy of 2.8 nanoseconds. Bhartiya Nirdeshak Dravya is supporting testing and calibration of laboratories for quality assurance, at par with international standards. The National Environmental…
(PTI) Reliance Industries Ltd and its partner BP Plc of UK have committed to pay in cash for any natural gas volumes they are unable to deliver to customers from the next wave of discoveries in the eastern offshore KG-D6 block. According to draft gas sales and purchase agreement (GSPA) Reliance and BP have shared along with price discovery bids for incremental gas from the R-Cluster fields in KG-D6 block, the sellers will reimburse buyer money equivalent to gas sourced from alternate source to make up for any volumes they are unable to deliver. The buyer on his part will…
Prime Minister Shri Narendra Modi will dedicate the Kochi – Mangaluru Natural Gas Pipeline to the nation on 5th January 2021 at 11 AM via video conferencing. The event marks an important milestone towards the creation of ‘One Nation One Gas Grid’. Governors and Chief Ministers of Karnataka and Kerala, along with Union Minister for Petroleum and Natural Gas will also be present on the occasion. About the Pipeline The 450 km long pipeline has been built by GAIL (India) Ltd. It has transportation capacity of 12 Million Metric Standard Cubic Metres per day, and will carry natural gas from…
(NDTV) No public gatherings will be allowed in Delhi tonight and tomorrow between 11 PM and 6 AM as the state government has announced a night curfew to restrict the New Year celebrations. The centre had asked the states to consider a series of restrictions and tone down the New Year celebrations after 20 cases of new mutant coronavirus strain – believed to be significantly more infectious – were reported across the country. No New Year “celebratory events, congregations and gatherings at public places shall be permitted from 11 pm of December 31 to 6 am of January 1 and…