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| BHEL to procure 300 products worth Rs 3,000 crore annually from MSMEs |   | All India Power Engineers’ Federation (AIPEF) urges govt to hold privatisation of discoms in UTs |   | Oil & gas PSUs to set up 7-8 Green Hydrogen pilot plants by 2021-end: Petroleum Secretary |   | RITES consortium emerges lowest bidder for railway project in Bangladesh |   | Coal India forms 2 new subsidiaries for solar PV manufacturing & undertaking RE projects |   | No state has asked to stop train services: Railway Board Chairman |  

Policy Watch

India planning RPO-like obligation for Hydrogen, investment of $200 mn: MNRE

Commenting on the National Hydrogen Mission, the MNRE Additional Secretary said that the document is in the final stages of preparation Hydrogen could become cost-competitive by 2035,.......

Govt wants ONGC to be ‘enabler’ of growth, seek private partnership to raise crude oil output

The government has set a production target of 40 MMT of crude oil and 50 BCM of natural gas by FY 2023-24, and 70 percent of the targets are expected to be achieved by ONGC The.......

FM to hold review meeting on disinvestment this week, take call on bank privatisation: Sources

Officials feared that if partial lockdown in certain parts of the country continue or are enforced more severely, it will impact both the market and investor sentiment For FY22, the.......

Cabinet approves Rs 4,500-cr PLI scheme for solar PV manufacturing

The PLI scheme has an outlay of Rs 4,500 crore The PLI scheme is expected to add an additional 10,000 MW capacity of integrated solar PV manufacturing plants and bring direct investment.......

Indian refiners IOC, HPCL, BPCL to cut crude oil import from Saudi by 36%

For May, refiners have sought just 64 percent of the 15 million barrels that comes from Saudi Arabia on an average every month, said sources Indian refiners will look to buy crude oil.......

Govt withdraws rate cut order on small savings schemes, calls it ‘oversight’

Interest rates of small savings schemes of GoI shall continue to be at the rates which existed in the last quarter of 2020-2021, tweeted Nirmala Sitharaman The withdrawal of the order.......

Govt appoints 3 new members in Central Electricity Authority (CEA)

New Delhi: The central government has appointed three new members, Member (Power System), Member (Grid Operation & Distribution) and Member (Thermal) in the Central Electricity Authority (CEA) on.......

New dividend policy will require PSUs to pay 2-4 interim dividends in a fiscal: DIPAM Secretary

We have announced a consistent dividend policy, therefore dividends are ensured, he said The Secretary said that going forward, the govt will place a lot of importance on criteria like.......

Draft geospatial policy to be in public domain for consultation within a month: Top official

He said that the new policy guidelines open up opportunities for the private sector for getting into zones of deep technology Professor Ashutosh Sharma encouraged the industry to work.......

Govt lowers Late Payment Surcharge for discoms, links it to SBI lending rate

Existing power plants and transmission systems whose tariffs have been determined through competitive bidding are outside the purview of the new legislation The government has also.......

PSU privatisation: Going ahead with mantra of ‘Privatise, Monetise & Modernise,’ says PM

‘Government is committed to privatising all sectors, except strategic ones’ ‘Loss-making PSUs burdening economy by using up taxpayers’.......

CERC set to go fully operational as Member Law Pravas Kumar Singh takes oath of office

With the new Member (Law) taking charge of the post at CERC, the regulatory body will be able to resume adjudicatory functions as well In a verdict passed on January 20 this year, the.......

Make India a Manufacturing Powerhouse taking advantage of PLI scheme: PM

New Delhi: The sixth meeting of the Governing Council of NITI Aayog was held today under the chairmanship of Prime Minister Narendra Modi via video conferencing. Addressing the event, the Prime.......

Govt releases draft LNG policy, proposes free trading, any entity to store, distribute LNG

One of the major changes proposed in the draft policy is the conversion of all long-haul heavy duty trucks and other similar automotive to LNG Another major change proposed in the.......

DIPAM releases new public sector policy; AAI, Railways, India Post outside policy scope

The blueprint has put Niti Aayog in charge of recommending the names of PSUs in strategic sectors which will be privatised or retained within government control The new public sector.......