The Chemicals industry in India is an important contributor to the Indian economy sustaining a variety of downstream industries such as textiles and pharmaceuticals. The Indian chemicals industry with a market size of USD 145 billion is the seventh largest producer of chemicals worldwide and the third largest producer in Asia after China and Japan.
Concerned over poor investment by private sector in big-ticket infrastructure projects, the Niti Aayog has recommended to the government to hike private investment in sectors like roads, railways and shipping,
The volatility in oil prices can be witnessed from the fact that from levels of $26 a bbl in February, crude oil prices touched the highs of $55 in December, up 15% since OPEC decision on production cut.
After being insulated from an increase in the domestic fuel prices, the ongoing upsurge in global crude oil prices could spoil the party for Indian consumers of petrol and diesel. India imports 80% of its crude oil requirements and any upward movement in oil prices casts an impact on domestic prices of petrol and diesel.
Union Minister Piyush Goyal is holding charge of four important economic ministries including Power, RE, Coal and Mines. After de-monetisation move, Goyal has also been helping the government on this front but his performance in the four sectors has clearly given him an edge over many others in the Modi government. Goyal already knows his priorities for the year ahead.
At EnergyInfraPost.com, while we have done an in-depth analysis of all the four sectors including power, RE, coal and mines, we in this article give you a quick sneak peek into the priority areas set by the minister for his four ministries during 2017.
The DHBVN or Dakshin Haryana Bijli Vitran Nigam--- one of the two state power distribution companies of Haryana that joined the UDAY scheme on March 11, 2016 has not just been able to completely wipe out its losses for the first time but has also posted a profit of Rs 201.35 crore in the first half of the current financial year (2016-17) as against a loss of Rs 479 crore last financial year (2015-16).
In what comes as a big success for the Union minister for power, RE, coal and mines, Piyush Goyal (who spent days and months in convincing states to join the Centre’s flagship scheme —- UDAY or Ujwal DISCOM Assurance Yojana for the financial and operational turnaround of state power distribution companies), India has got its first state power distribution company that has been able to eliminate its losses after joining within 10 months of joining UDAY.
Don’t Differentiate Between APL and BPL Families, Provide Power To All, Union Power Minister Piyush Goyal Tells States.
As BPL families Get Free Power, Give APL Homes Power Connections on EMIs – Union Power Minister Piyush Goyal Tell States
As state governments through their respective distribution companies provide free of cost power connections to families that are sitting Below the Poverty Line (or BPL Families), the union power minister Piyush Goyal on Tuesday once again urged states to give “on demand” electricity connections to all consumers who are even above the Poverty Line (or APL Families).
People can contribute in the programme by providing their feedback and suggestions which shall be automatically forwarded to the concerned Managing Directors and Superintending Engineers of DISCOMs through SMS & Email on their dashboard.
While Launching the Garv-II mobile App for tracking rural electrification in real-time basis on Tuesday, Union minister
EnergyInfraPost.com brings to you the Highlights of the inaugural session of Petrotech 2016
This edition of PETROTECH is the largest ever in terms of participation of above 6,500 delegates including 20 Minister level representatives, Heads of International Oil Organizations, CEOs and Experts. I welcome the Ministers from Afghanistan, Bangladesh, Bhutan, Brazil, Cyprus, Chad, Colombia, Cameroon, Qatar, Iraq, Mauritius, Nepal, Nigeria, Sri Lanka, Sudan, South Sudan, Uganda along with the Secretary General of OPEC, Secretary General of International Energy Forum and President of the International Gas Union.
PM Modi Invites Global Energy Cos to Invest in India’s Hydrocarbons Sector. Says Govt Committed to Remove Red Tape with Red Carpet
PM Modi said his government’s constant efforts have improved India’s ranking in Ease of Doing Business and that India has always been an inspiration for others in terms of intellectual capability and enterprise.
With India committed to replace ‘Red Tape’ with ‘Red Carpet’, Prime Minister Narendra Modi on Monday called upon global hydrocarbon companies to come and Make in India.
“GAIL’s plans and projects aligned to help India move towards becoming a gas based economy” : GAIL Chairman and Managing Director, B C Tripathi
As India marches ahead towards becoming a gas based economy, the role of GAIL (India) Ltd— India’s largest gas transportation company assumes a lot of significance. Out of India’s 15000 kms pipelines network, GAIL owns natural