Author: Aruna Sharma

PSU

(PTI) Union Minister Hardeep Singh Puri on Friday said ONGC has successfully capped the blowout of its crude oil well in Assam’s Sivasagar district after 16 days of gas leakage from there. He said the capping was done without any injury, casualty or fire. “ONGC has successfully capped the blowout of well RDS#147A at 1115 hours hrs today. This blowout started on 12th June and has been capped successfully within shortest possible time following all the best practices,” Puri said in a post on X.

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PSU

(TOI) Oil and Natural Gas Corporation (ONGC) on Wednesday achieved a critical milestone in its effort to control the ongoing blowout at the Rudrasagar well in Sivasagar, which has been spewing gas uncontrollably for 14 days since the incident began on June 12. In a step forward, an extra-long boom crane and a 40-tonne crane worked in tandem to remove 42 tubing stands from the derrick, clearing the way for the safe extraction of the rig base from the wellhead. With the rig base now removed, ONGC will proceed to dismantle the blowout preventer and install a capping stack —…

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(FE) In its bid to expand the country’s renewable energy portfolio, the ministry of new and renewable energy may seek to exploit abandoned oil wells to leverage geothermal energy, official sources told FE. The government in collaboration with IIT Chennai, is studying the potential of harnessing geothermal energy in three abandoned oil wells in Bikaner, Rajasthan. The pilot project includes setting up a 450 kilowatt facility in the oil wells to see the commercial feasibility of tapping geothermal energy. “If that is successful, then we will think of scaling up geothermal energy. Critically, geothermal energy has huge potential but we…

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(Mint) State-owned CIL’s coking coal production dropped by 8.7 per cent to 4.53 million tonne in May, even as the government aims to increase the output to reduce dependency on imports. Coal India Ltd’s (CIL) coking coal production was 4.96 MT in May 2024. The government under its ‘Mission Coking Coal’ aims to increase domestic coking coal production to 140 million tonne (MT) by 2029-30, thereby reducing dependency on its imports for the steel sector. Coking coal, also known as metallurgical coal, is essential for steel production. The company’s coking coal production also dropped by 3.4 per cent to 9.36…

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(TOI) The government on Wednesday approved an outlay of Rs 5,940 crore for a revised master plan with greater emphasis on sustainable livelihood generation for families affected by the underground fire raging in the coal mines of Jharia in Jharkhand. The revised plan, called the Jharia Master Plan, makes a provision for a livelihood grant of Rs 1 lakh and access to credit support of up to Rs 3 lakh through an institutional credit pipeline. These will be available to both legal title holder families and non-legal title holder families. The Jharia Master Plan, focused on fire control and rehabilitation,…

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(HT) Adani Total Gas Ltd and Reliance Industries Ltd arm Jio-bp have partnered to sell auto fuel across select outlets, the firms said in a statement on Wednesday. Select ATGL outlets will sell Jio-bp’s petrol and diesel, and the Jio-bp outlets will integrate ATGL’s compressed natural gas (CNG) dispensing units, the statement said. “This partnership will enable us to leverage each other’s infrastructure, thus enhancing customer experience and offerings,” said Suresh P. Manglani, executive director and CEO of Adani Total Gas. This is the second time the rival billionaires have partnered, after Reliance acquired a 26% stake in an Adani…

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(HT) Despite rising global risks from trade tensions and geopolitical conflicts, India’s economy remains resilient, with key sectors maintaining momentum, the Reserve Bank of India (RBI) said in its latest State of the Economy report released on Wednesday. The central bank, however, warned that prolonged trade policy uncertainty and increasing protectionism could leave a lasting impact on the global economy. “High-frequency indicators for May 2025 point towards resilient economic activity in India across the industrial and services sectors,” the RBI said, highlighting the economy’s relative stability amid external headwinds. The report, published as part of the RBI’s monthly bulletin, flagged…

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(The New Indian Express) In a bid to strengthen electronic manufacturing in the country, the government on Wednesday approved the establishment of an Electronics Manufacturing Cluster (EMC 2.0) in Gautam Buddha Nagar, Uttar Pradesh, with a project outlay of Rs 417 crore. The new cluster will cater to the production of consumer electronics, automotive and industrial electronics, medical devices, computer hardware, and communication equipment. Minister for Electronics and Information Technology, Ashwini Vaishnaw, said the project is expected to attract investments worth Rs 2,500 crore and generate approximately 15,000 jobs. “The project will lead to the creation of world-class infrastructure and…

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(PTI) Drugs are the biggest scourge for the youth and the Modi government is striking narco-cartels ruthlessly and bringing back the addicted youth to normal life with empathy, Union Home Minister Amit Shah said on Thursday. Shah said this while extending greetings to the warriors and allies in the battle for ‘drug-free Bharat’ on the occasion of ‘International Day Against Drug Abuse’. “Drugs are the biggest scourge for our youth. The Modi government is heading with a whole-of-government approach to this threat, striking narco-cartels ruthlessly and bringing back addicted youth to normal life with empathy,” he wrote on ‘X’.

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(HT) Travel time between Delhi and Jaipur is likely to reduce by about an hour as the National Highways Authority of India (NHAI) plans to open a 67-km-long spur from the Delhi-Mumbai Expressway, connecting Bandikui with Jaipur through a four-lane access-controlled road from the middle of July, officials said. This 67-km-long high-speed corridor will help commuters travelling between Delhi, Gurugram and Jaipur to avoid the congested NH 44 and reduce the distance between these cities by 12 kilometres. Currently, people going to Jaipur from Delhi have to exit the Delhi-Mumbai Expressway at the Bandhrej toll plaza and take the congested…

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