(DD) The meeting comes on the heels of PM Modi’s recent visit to Russian Far East in the first week of September. India has expressed interest in exploration of oil and natural resources in the Russian state. Indian interests includes investment and collaboration in Oil, coal, timber, diamonds and other natural resources.India is world’s third largest energy consumer nation and growing demand has pushed policymakers to look for new avenues to secure its energy supply in long terms.Rosenoft has significant share of collaboration with Indian oil PSUs like ONGC Videsh Limited.Rosneft, has also bought Essar oil in one of the largest buy…
Author: Aruna Sharma
Among a host of public and private sector companies in the country, Bharat Heavy Electricals Limited (BHEL) has won the highest number (Nine) of ‘National Safety Awards’ for outstanding achievements in terms of the longest accident-free period and lowest accident frequency rate at its works. The awards were received by Dr. Nalin Shinghal, Chairman & Managing Director, BHEL from Sh. Santosh Kumar Gangwar, Hon’ble Minister of State (Independent Charge) for Labour & Employment, at a function held in New Delhi. Significantly, BHEL has been winning these prestigious national awards, instituted by the Ministry of Labour, Government of India consistently, since their inception.
Hindustan Petroleum Corporation Limited has set a record by winning “Rajbhasha Kirti First Prize” for the third consecutive year for implementation of Rajbhasha in the year 2018-19. On September 14, 2019, on the occasion of Hindi Diwas, Shri Amit Shah, Hon’ble Home Minister of India, at Vigyan Bhawan, New Delhi, awarded HPCL’s C&MD Shri. Mukesh Kumar Surana, with ‘Rajbhasha Kirti First Prize’ for the best official language implementation in all public sector of region ‘B’. The award was presented in the gracious presence of Hon’ble Minister of State for Home Affairs, Shri G. Kishan Reddy, Hon’ble Minister of State for…
(PTI) Tata Power said its subsidiary Tata Power Renewable Energy Ltd (TPREL) has commissioned 150 mega watt (MW) solar capacity project at Pokharan in Rajasthan. With this, the overall operating renewable capacity of TPREL now stands at 2,628 MW in India, Tata Power said in a statement. “Tata Power Renewable Energy Ltd (TPREL), a 100 per cent subsidiary of Tata Power, has commissioned 150 MW solar capacity in village Chhayan at tehsil Pokharan in Rajasthan,”the statement said. The company, the statement said, had won this capacity in a bid at a tariff of Rs 2.72/kWh (kilo wat hour) in May 2018. “The…
(AU) हिमाचल के निवेशक मंगलवार सुबह 11 बजे शिमला में जुटेंगे। मुख्यमंत्री जयराम ठाकुर भी पीटरहॉफ शिमला में होने वाले मिनी कानक्लेव में उपस्थित रहेंगे। प्रदेश में फूड प्रोसेसिंग, पर्यटन, शिक्षा और दुग्ध आधारित उद्योगों में निवेश को बढ़ावा देने के लिए यह मिनी कॉनक्लेव आयोजित किया जा रहा है। जिला कांगड़ा के धर्मशाला में नवंबर के शुरू में होने वाली इन्वेस्टर मीट से पहले शिमला में मिनी कानक्लेव को महत्वपूर्ण माना जा रहा है। प्रदेश के निवेशकों को शिमला आमंत्रित किया गया है। प्रदेश में फूड प्रोसेसिंग, पर्यटन, शिक्षा और दुग्ध आधारित उद्योगों में निवेश के लिए प्रोत्साहित करने के लिए…
(ET) RBI Governor Shaktikanta Das said India’s June quarter GDP growth print at 5 per cent came in as a big surprise for the central bank, whose growth forecast at 5.8 per cent was way off the mark. This, he said, has set off an internal review within the Reserve Bank of India to find out “what we missed out, where we went wrong.” “We are examining the GDP much more closely now,” the governor told in an exclusive interview. “In inflation forecasting, we are almost onon the dot now. The margin of error has come down significantly. We want…
Team Khabarindia Wishes Prime Minister Narendra Modiji a very Happy Birthday. We wish you a good health and hope this new era of progress and prosperity continue under your vision. May our country scale new heights under your esteemed leadership. Happy Birthday Modiji!
(ET) Indian refiners do not see an immediate disruption in crude supplies after the drone strikes on Saudi Arabia’s oil processing facilities on Saturday, though prices may witness a short-term spike. A delayed restoration of the damaged facilities may, however, trigger a search for alternative supplies. The drone attacks by West Asian rebel groups have hit 5.7 million barrels per day of production, which represents nearly half of the kingdom’s output and 6% of global crude supplies. This has raised supply risk as well as price risk for refineries across the world, including India, which imported about 19% of its crude from…
(LiveMint) The unveiling of Prime Minister Narendra Modi’s signature initiative, the Coalition for Disaster Resilient Infrastructure, a series of bilateral and multilateral meetings, and an address to the UN General Assembly is expected to mark his six-day visit to the US, which begins on 22 September, two people familiar with the development said on Sunday. Modi’s first stop is expected to be Houston, Texas, where he is scheduled to meet top representatives of the US energy sector, according to one of the people cited above. This comes against the backdrop of India buying $4 billion worth of fuel from the US…
(ET) Coal India has abandoned its move to cut supplies to inefficient power plants following resistance from customers. It had planned to cut the yearly quota by 80 million tonnes. A government panel had suggested introduction of an upper limit of coal supply for each megawatt of installed capacity, which reduces supply to old, inefficient plants on the basis of a formula it suggested. “We were first asked to revise the annual contracted quantities for each plant based on the recommendations by the panel,” a Coal India executive said. “However, following calculation for revised quantities, a number of plants were to receive less…