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Chopper scam: CBI names 3 ex-witnesses as accused

AgustaWestland’s former Delhi head KV Kunhikrishnan, the British helicopter maker’s ex-director Giacomo Saponaro and Deepak Goyal, a s ...
The Economic Times
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| 24 September, 2020, 08:07 AM IST | E-Paper


    Baghjan Oilwell Inferno: North East Institute of Science and Technology to study if there is any induced seismicity

    Two people have died and around 7000 people are affected due to the inferno. OIL stated that there were some reports of tremors in nearby villages. OIL has contacted North East Institute of Science and Technology, Jorhat to carry out a study to see if there is any induced seismicity due to the blowout.

    Petroleum and Natural Gas Regulatory Board Chairman bats for unified gas price

    Industry has raised fears that the unified tariff would raise ...

    India to launch 11th city gas licensing round soon: Dharmendra Pradhan

    Pradhan said gas is cheaper, convenient, and environment friendly and ...

    • The Modi govt wants to turn India into a gasbased economy and is encouraging massive investments in gas production, transportation and import terminals to have increased countrywide access to the fossil fuel.

      The government is implementing a Rs 1,200-crore project to hook up Nubra valley in the country’s northern tip, and Zanskar, among the least-explored regions of Kargil, with the national power grid, casting one of the first building blocks of Prime Minister Narendra Modi’s plan to make Ladakh carbon-neutral.

      ENICL is part of inter state transmission scheme network and consists of two 400 KV transmission lines with a total 900 circuit kilometers across Assam, Bihar and West Bengal, which were set up to evacuate power from north-east and eastern states to the northern region of India.

      Indian Oil Corp (IOC) has been forced to shut down its Digboi refinery in Assam and is operating Guwahati unit at minimal throughput, while Oil India Ltd has been forced to shut LPG production and its crude oil production has dropped by 15-20 per cent, multiple sources at the state-owned companies said.

      The Department of Investment and Public Asset Management (DIPAM), erstwhile called the department of disinvestment, had in May 2019 decreed golf courses and sports clubs owned by central public sector enterprises as non-core assets and wanted them to monetise them.

      The development comes almost nine months after McDonald's bought estranged partner Vikram Bakshi's 50 per cent stake in Connaught Plaza Restaurants Ltd (CPRL), which has the licence to run its restaurants in north and east India. A McDonald's spokesperson said Agarwal is the new partner of the company for the two markets.

      The government has set a target of raising the share of natural gas in primary energy basket to 15 per cent by 2030 from current 6.2 per cent. Connecting gas sources to consumption hubs is a key to achieving this. Presently, most of the gas pipelines are concentrated in the western and northern part of the country with a few lines in the east and south.

      Indian Oil and several other companies and industry bodies have reacted to the regulator’s proposal of a unified tariff.

      Ministry of Environment, Forest and Climate Change has accorded environmental clearance for extension drilling & testing of Hydrocarbons at seven locations under Dibru-Saikhowa National Park Area, North West of Baghjan PML in District Tinsukia in the state of Assam to Oil India Limited.

      The decision to provide viability gap funding to Indradhanush Gas Grid Ltd for setting up the North East Natural Gas Pipeline Grid was taken by the Cabinet chaired by Prime Minister Narendra Modi in its meeting. The government will provide Rs 5,559 cr viability gap funding for building a 1,656 km gas grid in North East at a cost of Rs 9,265 crore, Pradhan said, while addressing media.

      Currently, natural gas makes up about 6.2 per cent of the entire energy consumption in the country. Prime Minister Narendra Modi has set a target of raising the share of natural gas in the energy basket to 15 per cent by 2030 to cut carbon emission in the economy.

      The inferno in gas producing well of OIL has affected around 3000 people. Houses were gutted cropland were affected. On Thursday, the affected villagers of Baghjan under the banner of Baghjan Gaon Yuba Milanjyoti Sangha staged blocked road. After several days of work OIL had successfully diverted the gas and condensate to Baghjan EPS.

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