The Food Corporation of India (FCI) has floated a tender to build 2.47 million tonne (MT) capacity silos across 66 locations by the private sector under the design, build, finance, own and operate model. It is estimated building these silos over the next two years will cost around Rs 2,500 crore. Silos with 1.8 MT […]
Bihar government has begun the process to give Petroleum Exploration License (PEL) to assess the presence of oil reserves in Samastipur and Buxar districts in the state. The state-owned Oil and Natural Gas Corporation (ONGC) Limited has applied for the grant of PELs for Buxar and Samastipur for oil exploration and production under the Open Field Licensing […]
The Bihar government has decided to allow exploration of the “country’s largest” gold reserve in Jamui district. As per a Geological Survey of India (GSI) survey, around 222.88 million tonnes of gold reserve, including 37.6 tonnes of mineral-rich ore, are present in Jamui district. “The state Mines and Geology Department is in consultation with agencies […]
Despite the scorching heatwaves across large parts of the country, average water levels in 140 major reservoirs in the country are up 6% year on year, Central Water Commission (CWC) has said. Fears of water scarcity hitting agriculture crops seem to be unfounded top some extent. However, reservoir water levels were down 8% on year […]
India, under its crop diversification is promoting farmers to increase maize production through various initiatives. “The MSP of maize has been increased by 43 percent in last 8 years and with the increase in production the farmers are also getting benefited from this,” said Narendra Singh Tomar, Minister of Agriculture & Farmers Welfare. “The popularity […]
Bihar chief minister Nitish Kumar inaugurated the country’s first greenfield grain-based ethanol plant in Purnea. According to Kumar, the ethanol production will help reduce the cost of petrol and generate employment. The Rs 105-crore plant by Eastern India Biofuels Pvt Ltd is the first one developed since the government gave a go-ahead to Bihar’s ethanol […]
Diversified group, ITC Ltd is looking to widen its product portfolio in the dairy segment and tap the “low” milk consumption in West Bengal, according to the company. Per capita availability of milk in West Bengal is ‘low’, one-third of the national average of 427 grams per day. Based on research studying consumer requirements, the […]
Confederation of Indian Alcoholic Beverage Companies (CIABC) has urged the Bihar government to end liquor prohibition in the state. The confederation has suggested several steps to the Chief Minister Nitish Kumar to ensure his avowed goals of helping women is achieved without adverse fallouts of prohibition. In its letter to the leaders of the NDA […]
Sugar mills in India have exported 2.76 lakh tonnes of sugar in the last 40 days of the current marketing year with maximum shipments to the UAE, trade body AISTA said. Over 1.44 lakh tonnes of sugar is under loading, All India Sugar Trade Association (AISTA) said in a statement. Mills have contracted to export […]
Satluj Jal Vidyut Nigam (SJVN) has won 1000 megawatt (MW) grid-connected solar project worth Rs 5,500 crore in a bidding conducted by Indian Renewable Energy Development Agency Ltd (IREDA). According to a company statement, the state-run company has bagged the solar PV power project through a Request for Proposal (RFP) floated by IREDA. Nand Lal […]
