(PTI) There are about 27.5 crore LPG or cooking gas connections in the country and the coverage has reached 96.9 per cent as on January 1 this year, Rajya Sabha was informed on Wednesday. “We have 27.5 crore LPG connections in the country. Of which, 8 crore connections have been done under Pradhan Mantri Ujjwala Yojana (PMUY),” Petroleum and Natural Gas Minister Dharmendra Pradhan said during Question Hour in Rajya Sabha. Responding to a query on lower LPG connections in Bihar, the minister said the state had achieved 22-23 per cent coverage when the scheme was launched. Now, the penetration has increased to 75 per cent in the last five…
Author: Aruna Sharma
(ET) India Railways is working on development of a Hydrogen-powered suburban train and has floated an Expression of Interest for industry participation, rail minister Piyush Goyal said. “Hydrogen is planned to be sourced from industry in India. Hydrogen production is not planned by Indian Railways. The decision on deployment of hydrogen-propelled trains for long-distance routes will be based on the development of the technology,” Goyal said in a written reply in Parliament. TATA Motors has developed seven hydrogen fuel cell buses which comply with International Safety Standards of Hydrogen Safety. Also, International Standards Organisation, Society of Automotive Engineers and United Nations have published stringent…
(FE) The Petroleum and Natural Gas Regulatory Board (PNGRB) has proposed 44 new geographical areas for the upcoming 11th round of bidding for city gas distribution (CGD). According to the new tentative list, the highest number of CGD areas will fall in Tamil Nadu (eight), to be followed by Maharashtra (seven) and Madhya Pradesh (six). At present, the CGD network covers 232 geographical areas spread over 407 districts in 27 states. Under the ninth and 10th rounds of bidding for CGD networks, the numbers of CNG stations and domestic piped natural gas (PNG) connections are expected to increase by 8,181…
(ET) National Skill Development Corporation (NSDC) has partnered with Salesforce to enhance its skill development and capacity building initiatives through Trailhead, the free online learning platform from Salesforce. Through this partnership, NSDC and Salesforce aim to empower learners and educators, regardless of socio-economic background, to skill up for the jobs of tomorrow with innovative content, presentations and training resource. The partnership also entails reaching out to colleges and universities to adopt NSDC’s wide array of courses and curriculum and engage with students through the Trailhead platform.
(LiveMint) India now ranks as the second-largest producer of crude steel after China, Union Minister Dharmendra Pradhan said on Wednesday. India’s crude steel production in 2018 was at 109.3 million tonnes, up by 7.7 percent from 101.5 million tonnes in 2017. This moved up to 111.2 million tonnes in 2019, Pradhan told the Rajya Sabha in a written reply quoting data from the World Steel Association.On the other hand, Japan ranks third globally with 104.3 million tonnes of crude steel production in 2018 and 99.3 million tonnes in 2019. In contrast, China remains number one with 920 million tonnes of production…
Q3 Net Profit up by 202% from Rs. 248 Crore to Rs. 747 Crore October – December 2019 Highlights Hindustan Petroleum Corporation Limited has recorded Profit after Tax (PAT) of Rs 747 crore for the period October-December, 2019 as against Rs 248 crore during the corresponding period of previous financial year. Gross sales during OctoberDecember, 2019 was Rs. 74,288 crore as compared to Rs. 76,884 crore for the sameperiod of previous financial year. During October-December 2019, the domestic sales of petroleum products increased to 9.8 million metric tonnes registering a growth of 3.2% over the corresponding quarter of previous year.…
Ministry of Petroleum and Natural Gas is working in collaboration with various Central Government Ministries/State Governments/ stakeholders to make efforts to achieve reduction in import dependency on oil. The import reduction strategy broadly includes increasing domestic production of oil and gas, improving energy efficiency and productivity, giving thrust on demand substitution, promoting biofuels and using alternate fuels/ renewables. Government has taken several steps to enhance exploration & production of oil and gas in the country which include; Policy for Relaxations, Extensions and Clarifications under Production Sharing Contract (PSC) regime for early monetization of hydrocarbon discoveries, Discovered Small Field Policy, Hydrocarbon…
Prime Minister Shri Narendra Modi, today inaugurated the 11th edition of DefExpo in Lucknow, Uttar Pradesh. India’s biennial military exhibition seeks to showcase the potential of the country as a global defence manufacturing hub. DefExpo 2020 has become one of India’s largest defence exhibition platform as well as one of the Top DefExpo in the world. This time more than a thousand defence manufacturers and 150 companies from all over the world are part of this Expo. Prime Minister said that he is doubly happy to welcome everyone to the 11th edition of DefExpo not only as the Prime Minister…
IOCL signs first Term contract for importing Russian crude oil to India in the presence of Minister of Petroleum and Natural Gas, Shri Dharmendra Pradhan and Mr Igor Sechin, CEO , Rosneft . Today, Minister of Petroleum and Natural Gas, Shri Dharmendra Pradhan, had fruitful meeting with Mr Igor Sechin, CEO , Rosneft .During the meeting, both leaders reviewed the ongoing investments between Indian oil & gas PSUs and Rosneft and discussed further enhancing energy cooperation and strengthening hydrocarbons engagement both on investment front as well as sourcing natural gas and crude oil. Hydrocarbon is an important pillar of the…
(ET) State-run oil firms plan to spend almost Rs 1 lakh crore next year, with Oil & Natural Gas Corporation’s expenditure set at one-third of the amount, as per the budget. The planned capex of Rs 98,520 crore for FY21 is about 3.7% higher than the Rs 95,000 crore budgeted for the current fiscal, of which state oil firms have spent about two-thirds in the nine months ended December. A total of Rs 52,000 crore will be spent on exploration and production next year, compared with Rs 48,400 crore this year. Spending on refining and marketing is set to fall by Rs 1,000 crore…