Author: Aruna Sharma

PSU

(PTI) The Liquefied Petroleum Gas penetration in Karnataka is ‘absolutely 100 per cent’ due to the Prime Minister Ujjwala Yojana, Indian Oil Corporation Karnataka Executive Director D L Pramodh said here on Friday. In 2014, LPG penetration in the State was only 68 per cent, but after the PMUY, massive number of gas connections were given in the last five years, he said, adding, “It is absolutely 100 per cent today.” “There are 1.6 crore LPG connections out of which around 31.5 lakh — or around 20 per cent — come under the PMUY. The 100 per cent LPG penetration in the state will help women…

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(PTI) The central government is working on strengthening the steel ecosystem in Odisha whose steel production is set to cross 100 million tonnes per annum by 2030, Union minister Dharmendra Pradhan has said. “Today Odisha is the highest steel producing state in the country. We are working to strengthen the steel ecosystem in Odisha. By 2030, Odisha’s steel production alone is set to cross 100 MTPA. Odisha is going to be the nerve centre of Mission Purvodaya in steel,” Steel Minister Dharmendra Pradhan was quoted as saying in a statement. Kalinganagar, he said, will be the hub of the clusterisation…

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(ET) NTPC Ltd on Wednesday announced signing an agreement with Central Pollution Control Board (CPCB) to provide financial support for installation and commissioning of Continuous Ambient Air Quality Monitoring Stations (CAAQMS). NTPC will provide financial support of Rs 80 crore for installation of 25 CAAQMS across six states and three Union Territories. The CAAQMS will be installed in Gwalior (Madhya Pradesh), Ranchi (Jharkhand), Patna (Bihar), Varanasi, Lucknow, Kanpur and Allahabad (all in Uttar Pradesh), Pimpri – Chinchwad (Maharashtra) and Madurai (Tamil Nadu). Along with these cities, CAAQMS will also be installed in Andaman & Nicobar Islands, Dadar & Nagar Haveli and Daman & Diu…

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(PTI) The Andhra Pradesh government on Wednesday released a sum of Rs 2,984 crore to clear long- pending dues to solar and wind power generators, central generating stations and state generating stations. Of the total, Rs 2,199 crore will go to CGS and SGS while solar and wind power generators will get the balance. With this, pending payments to renewable energy generators have been cleared up to December 2019, according to an order issued by Energy Secretary N Srikant. The amount has been released towards payment of 25 per cent losses of DISCOMs taken over for the years 2017-18 and 2018-19 under Ujwal Discom Assurance Yojana Scheme (UDAY) of the Government…

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PSU

(ET) The Vedanta group will seriously evaluate acquiring the government’s stake in BPCL and will bid for commercial coal blocks that will be offered as it will itself need up to 100 million tonnes to generate power but its decisions would depend on the valuation of assets, its chairman Anil Agarwal said. Agarwal also said he expects private investment in India is likely to pick up in a year, and that the business community had a lot to gain from the deepening relationship with India as evident from the warmth between US President Donald Trump and Prime Minister Narendra Modi. He said the Vedanta Group had…

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(PTI) GAIL India Ltd, the country’s largest gas utility, will invest Rs 1.05 lakh crore over the next five years to expand pipelines, lay city gas distribution network and raise petrochemical production capacity, its new chairman and managing director Manoj Jain said on Monday. Gas pipelines are planned to take the fuel to the east and northeast regions as well as to consumers in the south as part of the government push to raise the share of natural gas in India’s energy basket to 15 per cent by 2030 from the current 6.2 per cent, he said.”We have planned a…

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(ET) Five Delhi Metro stations in the North East district where violence broke out on Monday will remain closed on Tuesday, metro officals said. Jaffrabad, Maujpur-Babarpur, Gokulpuri, Johri Enclave and Shiv Vihar stations on the Pink Line Metro will remain closed and trains are being terminated at Welcome Metro Station. “Jaffrabad, Maujpur-Babarpur, Gokulpuri, Johri Enclave and Shiv Vihar remain closed. Trains are being terminated at Welcome metro station,” Delhi Metro Rail Corporation (DMRC) tweeted.Earlier on Monday, four people including a head constable of Delhi Police lost their lives in clashes between pro and anti-Citizenship Amendment Act (CAA) protesters at various places…

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(PTI) Union Home Minister Amit Shah reviewed the prevailing situation in the city in the wake of violence in parts of northeast Delhi in which at least four people, including a head constable, were killed, officials said on Tuesday.The meeting was held late Monday night after Shah’s return from Ahmedabad, where he had attended the ‘Namaste Trump’ event addressed by US President Donald Trump. Shah reviewed the law and order situation in Delhi and directed officials to restore normalcy at the earliest, a Home Ministry official said.Those who attended the meeting included Union Home Secretary Ajay Bhalla, Director of Intelligence Bureau Arvind Kumar, Delhi Police…

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(PTI) The government has extended the time till March 6 for bidders to pose additional queries regarding sale of its 100 per cent stake in Air India. The government has issued the first set of clarification on Air India disinvestment answering queries of interested bidders on the ‘confidentiality undertaking’ listed out in the Preliminary Information Memorandum (PIM) issued on January 27. The last date for submission of written queries on PIM and Share Purchase Agreement (SPA) was originally set at February 11, following which the Department of Investment and Public Asset Management (DIPAM) on February 21 issued a set of…

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(BS) US Energy Secretary Dan Brouillette and Union petroleum and Steel Minister Dharmendra Pradhan co-chaired the US-India Energy Cooperation Roundtable to review strategic partnership in the energy sector. It was attended by the US and Indian energy firms. “Had a productive engagement with players from the US and India to advance energy security with the objective of achieving energy justice,” said Pradhan.

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