Ministry of Ports, Shipping and Waterways aims for robust investor confidence by underpinning strong vision and leadership from long term strategic infrastructure plan including a pipeline of investable projects that are economically, socially and environmentally sustainable and practically deliverable. One of those visionary initiatives is capital intensive project at Paradip port which will transform the port into a world-class modern port ...
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10% blending with imported coal mandatory for Private generators who bid for coal and sell power in the exchange
Power Ministry has directed CEA to determine the eligible quantity of domestic coal for the power plants using coal under Shakti B(viii) (a) taking into account 10% imported coal for blending which is equivalent to about 15% of domestic coal in energy terms. Shakti B (viii) (a) is the window for power plants having untied capacity to bid for coal, ...
Read More »Power Ministry issues directions to domestic coal-based plants with PPA through tariff-based bids
Power Ministry has issued directions to Gencos using the powers under Section 11 of the Act today in the light of current circumstances due to sharp increase in electricity demand. Ministry has stated that with soaring power demand and power shortage in some areas, the generation needs to be maximised. The ministry has added that despite efforts to increase the ...
Read More »New Guidelines of Micro & Small Enterprises Cluster Development Programme (MSE-CDP) approved
The Government has approved New Guidelines of Micro & Small Enterprises Cluster Development Programme (MSE-CDP), which will be implemented during 15th Finance Commission Cycle(2021-22 to 2025-26). The scheme aims at enhancing the competitiveness and productivity of Micro & Small Enterprises by undertaking interventions such as: Common Facility Centers (CFCs): The central government grant will be restricted to 70% of the cost of ...
Read More »Minister of State for Commerce & Industry Smt. Anupriya Patel launches Indian Business Portal – e-commerce marketplace
Union Minister of State for Commerce & Industry Smt. Anupriya Patel launched the Indian Business Portal – An International Trade Hub for Indian Exporters and Foreign Buyers here today. FIEO in partnership with GlobalLinker, has designed and developed the “Indian Business Portal”, an International Trade Hub for Indian Exporters and Foreign Buyers. This is a B2B digital marketplace to empower ...
Read More »Ministry of Coal with the support of Power, Steel and Mines Ministries organizes National Mineral Congress in Bhubaneswar
The Ministry of Coal organized the National Mineral Congress in Bhubaneswar today with the support of Power Ministry, Steel Ministry and Mines Ministry. Addressing the Congress through virtual mode, Shri Anil Kumar Jain, Secretary, Ministry of Coal, wished all success to the National Mineral Congress and hoped to get valuable outcome through the deliberations of the stakeholders. Addressing the National ...
Read More »Government lifts “Export Prohibition” on Bamboo Charcoal for Higher Profitability of Bamboo Industry
Government has lifted the “export prohibition” on bamboo charcoal, a move that would facilitate optimum utilization of raw bamboo and higher profitability in the Indian bamboo industry. Khadi and Village Industries Commission (KVIC), which is supporting thousands of bamboo-based industries in the country, was persistently requesting the Government to lift the export restriction on bamboo charcoal. Chairman KVIC Shri Vinai ...
Read More »India gets the highest annual FDI inflow of USD 83.57 billion in FY21-22
India has recorded highest ever annual FDI inflow of USD 83.57 billion in the Financial Year 2021-22. In 2014-2015, FDI inflow in India stood at mere 45.15 USD billion as compared to the highest ever annual FDI inflow of USD 83.57 billion reported during the financial year 2021-22 overtaking last year’s FDI by USD 1.60 billion despite military operation in ...
Read More »Coal Production Increases by 29% to 66.58 Million Ton During April, 2022
As per the provisional statistics of Ministry of Coal, the total coal production increased by 29% to 66.58 Million Ton (MT) from 51.62 MT in April,2022 as compared to April, 2021. During April, 2022, Coal India Ltd. (CIL), Singareni Collieries Company Ltd. (SCCL) and Captive mines/Others registered a growth of 27.64%, 9.59% and 59.98% by producing 53.47 MT, 5.32 MT and 7.79 ...
Read More »Airlines have witnessed 520% increase in cargo revenue in last two years
Union Minister of Civil Aviation Shri Jyotiraditya M. Scindia today attended the annual event of Air Cargo Forum India (ACFI) as the chief guest. The theme of the annual event was “10 Million: Vision 2030; Stimulating, Scaling, Steering Air Cargo”. Other dignitaries who graced the event were Shri Piyush Srivastava, Senior Economic Advisor, Minister of Civil Aviation, Shri Cyrus Katgara, ...
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