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Rs 130 billion invested for reviving Talcher fertiliser plant
October 2018
Rajdhani Express will make a halt in Dhenkanal railway station, Rs 130 billion will be invested for the revival of the Talcher fertiliser plant in Angul district and city gas scheme will be rolled out in 13 districts, informed Dharmendra Pradhan, Union Petroleum and Natural Gas Minister, during Modi’s visit to Talcher.
RIL, GE partner for industrial IoT
December 2016
Reliance Industries (RIL) has entered into a global partnership agreement with GE to enter in the Industrial Internet of Things (IIOT) space by building joint applications on the latter´s Predix platform.
Cairn India faces problem in selling additional gas
November 2016
Cairn India, which enjoys a unique position in pricing under a production sharing contract (PSC), is facing problems in selling increased volumes. The company already sells 0.42 million standard cubic metre gas a day from its Barmer block in Rajasthan to fertiliser unit in Gujarat.
PSUs venture to revive mothballed fertiliser plants
August 2016
The country´s cash-rich coal, power and oil firms will jointly invest nearly $3 billion to revive three mothballed fertiliser plants. India produced 24.5 million tonne (MT) of urea in the financial year ended March 2016, but also imported 8.5 MT to boost productivity at its farms, which account for about 15 per cent of its $2 trillion economy and employ three-fifths of its 1.3 billion people.
IOC plans 33percent rise in annual capex
August 2016
Indian Oil Corporation (IOC) said it would increase its yearly investment from the current Rs.14,000-15,000 crore to about Rs.20,000 crore over the next five to seven years.
On a Slow Track
May 2016
Revival of power sector is a topic that is being widely discussed among the power sector aficionados, vendors and banking circles in India currently.
Will gas shine on power sector again
November 2015
Environmental considerations weighed heavily in favour of natural gas when the government wanted to promote use of gas in power generation, over two decades ago. Particularly so in India, where available coal quality is very low. Despite natural gas being the clean fuel, coal remains the staple feedstock of power generation in India for various reasons.
Industry suffers from low margins
December 2014
In the recent past, coal shortages, scams, hike in prices of imported coal, lack of land availability, policy logjam and shortage of labour together paralyzed the prospects of the power sector and other heavy industries. In fact all the industrial sectors were having virtually no growth.
GAIL offers equity for Talcher urea plant
September 2014
GAIL (India) Ltd is willing to offer equity to a foreign technology provider in its proposed joint venture with Rashtriya Chemicals and Fertilisers, Coal India, and Fertiliser Corporation of India, for the revival of the Talcher fertiliser unit in Odisha
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