In a significant stride towards achieving 100% coverage of country’s area for the development of City Gas Distribution (CGD) network, the Petroleum and Natural Gas Regulatory Board (PNGRB) hosted a Concluding Ceremony for the 12th CGD Bidding Round here today. The event was inaugurated by Shri Hardeep Singh Puri, Minister for Petroleum and Natural Gas & Housing and Urban Affairs, ...

Our country is endowed with 5th largest geological reserves of coal.  We are 2nd largest consumers of coal.  More than 70% of our power generation is contributed by Thermal Power Plants.  For growing economy, the requirement of power is fast increasing. The Indian coal sector has undergone radical changes during last 10 years. The all-encompassing strategy, evident in initiatives such as commercial ...

There is month on month (m-o-m) and year-on-year (yoy) increase in coal production and dispatch from captive and commercial. The total coal production and dispatch from captive and commercial coal mines during the period from 1st April to 29th February 2024 was 126.80 MT and 128.88 MT, marking an impressive increase of 27.06% and 29.14% respectively, as compared to the same ...

Union Minister of Education and Skill Development & Entrepreneurship, Shri Dharmendra Pradhan, launched Project ODISERV today in Sambalpur to prepare young graduates of Odisha for employment opportunities in the financial services sector. While speaking at the event, Shri Pradhan said that the Project ODISERV will empower the youth of the country, make them more employable and fulfil their aspirations. He ...

On cumulative basis from April 2023 – February 2024, freight loading of 1434.01 MT was achieved by Indian railways against last year’s loading of 1367.5 MT, an improvement of approximate 66.51 MT over last year’s loading for the same period. Railways has earned Rs 155557.1 Crore against Rs 149088.1 Crore over the last year which is an improvement of approx. ...

The Government of India has amended the Electricity (Late Payment Surcharge and Related Matters) Rules of 2022 in order to ensure adequate supply of electricity to meet the growing demand in the country. The amendments will enhance the reliability of power supply for all consumers. Speaking about the amendments, the Union Minister for Power and New & Renewable Energy Shri R. K. ...

The Financial Intelligence Unit-India (FIU-IND), in furtherance of the powers conferred upon the Director FIU-IND under Section 13(2)(d) of the Prevention of Money Laundering Act (PMLA), 2002, has imposed a monetary penalty of Rs. 5,49,00,000 (rupees five crore forty nine lakh) on Paytm Payments Bank Ltd with reference to the violations of its obligations under the PMLA read with the ...

Coal mining sector has proved to be a big booster for economic growth of the coal producing States in the Country. State Governments are entitled to receive 14% of Royalty on sale price of coal, DMF @30% of royalty, 2 % of NMET from the coal produced by the coal companies and also the private sector. In case of captive/ ...

The Coal India Limited entered into a Memorandum of Understanding (MoU) with Indian Institute of Managements (IIM) Mumbai and Sambalpur, today, i.e., 1st March, 2024, marking a crucial step in multimodal connectivity infrastructure for coal transportation in alignment with the PM Gati Shakti National Master Plan 2021.   The collaboration, through a Memorandum of Understanding (MoU) signed between the two ...

The Prime Minister Shri Narendra Modi dedicated to nation the Hindustan Urvarak & Rasayan Ltd (HURL) Sindri Fertiliser Plant at Sindri, Dhanbad, Jharkhand today. The Prime Minister had laid the foundation of the fertilizer plant in 2018.   The Prime Minister highlighted the importance of today’s initiative in the journey of aatmnirbhar Bharat. He said that every year, India requires 360 lakh metric tonnes ...