With sales of LED bulbs exceeding 6 lakh a day, India can proudly claim achieving a substantial benchmark of distributing over 20 crore LED bulbs under its flagship UJALA scheme and more than 10 crore by the industry outside the UJALA scheme. Alongside, close to 16.5 Lakh Street bulbs have been replaced with LED Lights throughout the country under Street Lighting National Programme (SLNP).
Over 30 crore energy efficient LED bulbs have already been distributed so far which includes 20 crore LED bulbs by the EESL under the government’s UJALA scheme and more than 10 crores by the private domestic LED companies.
Union minister of state for power, renewable energy, coal and mines, Piyush Goyal said on Monday that India was fast emerging as the LED capital of the world.
Confident that India will achieve 100% rural electrification by 2018, Finance Minister Arun Jaitely has proposed Rs 4,814 crore as part of budget allocation for government’s rural electrification program -under Deen Daya Upadhyayal Gram Jyoti Yojana meant for facilitating power to all rural homes.
Union finance minister Arun Jaitley while presented his budget proposals for 2017-18 on Wednesday made the following key points related to the Airport and Transportation Sector.
The two new strategic oil facilities announced at Odisha and Rajasthan are in addition to the three facilities that already exist in the country as underground storages in rock caverns at Visakhapatnam (1.33 million tonnes), Mangalore (1.5 MT) and Padur (2.5 MT).
Union petroleum minister Dharmendra Pradhan said the move to create two new strategic oil storage will enhance India’s energy security “taking our strategic reserve capacity to 15.33 MMT.” This, he said, will increase India’s oil storage capacity to meet the consumption requirement of about 90 days which is at par with the international benchmarks.
Key Features Of Budget 2017-2018
GAIL (India) Limited has recommended issuance of one bonus share for every three equity shares held of Rs 10 each fully paid up, subject to shareholders approval.
NTPC successfully issued its first Euro denominated bond worth EUR 500 million on 25.1.2017. The 10 year bond has been issued at a coupon of 2.75% with a yield of 2.814%.
While 35 tonne petroleum and diesel were sent through an Indian Airforce C-17 Globemaster plane, 70 tonne more petroleum products will be sent soon
The petroleum ministry through Indian Oil Corporation (IndianOil) has dispatched 35 tonne of petroleum products to the poll bound state of Manipur
RIL has sought quashing of the FIR lodged against it by the ACB of the Delhi govt in 2014
Reliance Industries Ltd (RIL)on Friday told the Delhi High Court the FIR lodged against it and two UPA ministers on alleged irregularities in raising gas price from KG-6 basin was liable to be quashed in view of its larger bench ruling that the Delhi government’s ACB does not have power to probe central government officials.