(ET) Banks continue to drag their feet on resolution proceedings of stressed power plants and are unlikely to meet their latest deadline of October 15 to take final decisions. The 600 MW Jhabua power plant of Avantha Power and Prayagraj Power Gen Corp’s 1,980 MW Bara power plant, both in Madhya Pradesh, look the closest to resolution but are unlikely to achieve the October 15 deadline. In an all-lenders meet on September 21 in Power Finance Corp’s New Delhi headquarters, the banks gave dissenting lenders time till October mid to take a final decision on a dozen stressed power generation…
Author: Aruna Sharma
(ET) Oil and Natural Gas Corp is planning to purchase 27 drilling rigs to replace nearly half of its ageing onland rigs in a deal that could cost Rs 3,000-3,500 crore. The state-run explorer has floated a tender seeking bids from interested suppliers by November 14. ONGC had initially planned to purchase nearly 50 rigs but later curtailed it to 27. Fresh purchases will help partly replace its ageing fleet of 67 drilling rigs that’s currently operating at its onshore fields, a company executive said. “Most of our onshore rigs are old and that have an impact on the quality of…
(PTI) Firing a fresh salvo at Prime Minister Narendra Modi over the Rafale deal, Congress president Rahul Gandhi alleged on Thursday that he was a “corrupt man” who helped Anil Ambani pocket Rs 30,000 crore in the purchase of the fighter aircraft. Gandhi demanded an investigation against the prime minister. The Congress president also described Defence Minister Nirmala Sitharaman’s trip to France as part of a “huge cover-up” by the government. His attack at the government came a press conference following a report in the French media that Dassault Aviation, the manufacturer of Rafale, had to choose Ambani’s firm Reliance Defence as…
The foundation stone for Second Generation (2G) Ethanol Bio-refinery of Bharat Petroleum Corporation Limited being set up at Baulasingha village, Bhatli Tehsil, Bargarh ditrict, Odisha was laid by Governor of Odisha Professor Ganeshi Lal today. Shri Dharmendra Pradhan, Minister of Petroleum and Natural Gas & Skill Development and Entrepreneurship, along with several dignitaries were present on the occasion. The Bio-refinery, the first of its kind to be set up, will have a capacity to produce three crore litres of fuel grade Ethanol annually using Rice straw as the feedstock. Ethanol produced from this plant will be blended with Petrol. The…
(Hindustan) यूपी सरकार फ्लैट, मकान और जमीन लेने वालों के साथ आए दिन होने वाली धोखाधड़ी कड़ाई से रोकने जा रही है। इसके लिए बिल्डरों को बुकिंग के समय ही खरीदारों के साथ एग्रीमेंट करना होगा। इतना ही नहीं बुकिंग राशि 10 फीसदी से अधिक नहीं लिया जा सकेगा। मुख्यमंत्री योगी आदित्यनाथ की अध्यक्षता में बुधवार को हुई कैबिनेट की बैठक में ‘द उत्तर प्रदेश रियल स्टेट (रेगुलेशन एंड डवलपमेंट) (एग्रीमेंट फॉर सेल रूल्स) 2018 को मंजूरी दे दी गई। ऊर्जा मंत्री श्रीकांत शर्मा ने पत्रकारों को बताया कि राज्य सरकार खरीदारों के हितों का रक्षा करने के लिए लगातार फैसले…
The Cabinet Committee on Economic Affairs chaired by the Prime Minister Shri Narendra Modi has approved the proposal for closure of the Biecco Lawrie Limited (BLL) including giving Voluntary Retirement Scheme (VRS)/ Voluntary Separation Scheme (VSS) to the employees of the Company. The idling assets of BLL will be subsequently put into productive use after meeting all the liabilities in accordance with the extant guidelines of the Government. Ministry of Petroleum and Natural Gas has taken various steps for revival of the Company from time to time. However, the Company could not be revived and further, there appeared no possibility of…
The Vice President of India, Shri M. Venkaiah Naidu has said that skill development should be a continuous process and the innovations must help making the lives of people better. He was addressing the gathering at the Valedictory of the Diamond Jubilee Celebrations of Educational Institutions run by Nachimuthu Industrial Association (NIA), in Pollachi, Tamil Nadu today. Calling Arutchelvar Dr. N. Mahalingam, the founder of the institution, an ideal person who had contributed immensely for the uplift of the people living in rural Tamil Nadu, the Vice President said that such qualities should be emulated by young and the politicians…
हिन्दुस्तान पेट्रोलियम कॉर्पोरेशन लिमिटेड को वर्ष 2017- 18 में सर्वश्रेष्ठ राजभाषा निष्पादन के लिए पेट्रोलियम और प्राकृतिक गैस मंत्रालय की “पेट्रोलियम राजभाषा शील्ड प्रथम पुरस्कार“ से सम्मानित किया गया है। माननीय सचिव – पेट्रोलियम और प्राकृतिक गैस, डॉ. एम. एम. कुट्टी ने एचपीसीएल के अध्यक्ष एवं प्रबंध निदेशक, श्री मुकेश कुमार सुराणा को ‘पेट्रोलियम राजभाषा शील्ड’ देकर सम्मानित किया। पेट्रोलियम राजभाषा शील्ड सम्पूर्ण तेल उद्योग में राजभाषा कार्यान्वयन में प्रथम स्थान प्राप्त करने पर प्रदान की जाती है। इस अवसर पर सचिव-पेट्रोलियम और प्राकृतिक गैस ने पेट्रोलियम राजभाषा शील्ड प्राप्त करने में सराहनीय योगदान के लिए हमारे प्रमुख-राजभाषा श्री राम विचार यादव…
Consolidation of existing fragmented regulatory structures into an overarching regulatory authority, National Council for Vocational Education and Training (NCVET) which will subsume the National Council for Vocational Training (NCVT) and the National Skill Development Agency (NSDA) The Union Cabinet chaired by the Hon’ble Prime Minister Shri Narendra Modi, has approved the merger of the existing regulatory institutions in the skills space – National Council for Vocational Training (NCVT) and the National Skill Development Agency (NSDA) into the National Council for Vocational Education and Training (NCVET). NCVET will regulate the functioning of entities engaged in vocational education and training, both long-term and short-term,…
(The Pioneer) Wipro GE Healthcare tied up with two partners for developing a medical device and training community workers to support the government’s ambitious National Health Protection Scheme — ‘Ayushman Bharat’. “We are partnering with Society for Applied Microwave Electronics Engineering and Research (Sameer) to develop a 1.5T (tesla) magnetic resonance imaging (MRI) system for meeting the local demand,” said the medical technology firm in a statement here. Sameer is a research and development (R&D) unit under the Department of Electronics and Information Technology (DeitY) which will design and develop the MRI platform. The two partners will collaborate to also develop artificial…