Assured about reaching the targeted 300 million tonnes per annum (mtpa) crude steel production capacity by 2030-31, from about 140 mtpa at present, the steel ministry is now preparing a Vision 2047 document under which it intends to jack up capacity further to 500 mtpa. The 300-mtpa production capacity was set out under the National […]
NTPC, state-run power giant, has made commercially operational an additional 42.5 megawatts (MW) of power generation capacity at Ramagundam floating solar project in Telangana. Earlier the company had commissioned 17.5 MW (Part-I) and 20 MW (Part-II) of the Ramagundam floating solar project. With the addition of 42.5MW, the total commercially operational power generation capacity of […]
Jet fuel prices were hiked by over 18 per cent – the steepest ever increase – to all-time high levels after international oil price surged to a multi-year high. The increase – sixth straight this year – led to prices soaring past the Rs 1-lakh-per-kilolitre mark for the first time ever. Aviation turbine fuel (ATF) […]
In a bid to attract investment of big corporate entities in India’s foodgrain storage infrastructure, the food ministry has approved a policy which encourages the private players to bid for multiple projects for construction of 249 state of art silos with close to 11 million tonne (MT) wheat storage capacity for FCI. The silos will […]
The new round of the production linked incentive (PLI) scheme for solar manufacturing will see changed methodology and would be open to past winners with a cap on bidding amount. However, the capacity will be capped to 10 gigawatts (GW). The minimum Local Value Addition (LVA) or use of local content for the participating manufacturers has been […]
The Aluminium Association of India (AAI) said that non-power industries, including aluminium companies, has been “plagued” by a protracted coal shortage for the past seven months and urged the Prime Minister’s Office (PMO) to ensure on priority a supply of at least 25-30 coal rakes per day to the sector. The Association warned that disruptions […]
India’s sugar production increased by 6 per cent between October 1 and February 15 period of the 2021-22 marketing year at 220.91 lakh tonnes on higher sugarcane production while exports jumped over three-fold till January at 31.5 lakh tonnes, according to industry body ISMA. Sugar marketing year runs from October to September. The production stood at […]
To prevent sharp jumps in retail onion prices, the Centre has started offloading onion buffer stocks in phases to states where prices are increasing over the previous months. The buffer stock is being released even in Lasalgaon and Pimpalgaon wholesale mandis of onions in Maharashtra to augment the supply in these markets, the Consumer Affairs […]
Coal India Limited (CIL) is gearing up to scale up its supply to the non-power sector as the state-run company has managed to create “sufficient buffer stock”, providing these sectors with much relief after they have struggled with shortage of the fuel. CIL is currently supplying around 3.4 lakh tonnes of coal per day to […]
Sugar production in the country between October 1 and November 15 for the current sugar season has touched 20.90 lakh tonnes, as many sugar mills began crushing operations early. Last year, sugar mills had produced 16.82 lakh tonnes in the same period. Compared to 289 sugar factories, which were crushing sugarcane till November 15, 308 […]
