Coal gasification can cut import dependence, strengthen energy security: G Kishan Reddy

India can significantly reduce its dependence on imports and strengthen long-term energy security by accelerating coal gasification projects, Union coal and mines minister G Kishan Reddy said on Thursday, as the government stepped up efforts to attract investment into the sector.Speaking at a roadshow on the Centre’s scheme for promoting surface coal and lignite gasification…

Read More

Kishan Reddy Urges Probe Into Alleged Singareni Coal Irregularities | Hyderabad News

Hyderabad: Union minister G Kishan Reddy asked Telangana chief minister Revanth Reddy to inquire into the allegations on Singareni Collieries Company Limited (SCCL) urgency to assess whether the alleged irregularities have an element of truth and also see whether there are adequate safeguards, mechanisms and internal controls for effective function of SCCL.The union minister wrote…

Read More

Majhi showcases Odisha’s growth, skilling at NITI meet | Bhubaneswar News

Bhubaneswar: Chief minister Mohan Charan Majhi on Thursday outlined Odisha’s key achievements at the Governing Council of NITI Aayog meeting chaired by Prime Minister Narendra Modi, while appreciating the Centre’s support and its visible transformational impact across the state.Highlighting the PM’s ‘Purvodaya’ vision to position eastern India as the country’s next growth frontier, Majhi said,…

Read More

India’s tryst with oil shocks: How crude prices shaped economy and policy in last five decades

Every major oil shock has left a mark on India, sometimes through inflation, sometimes through foreign exchange pressure, and occasionally through wider economic change. The country’s 1991 balance-of-payments crisis unfolded against a backdrop of rising oil prices. High crude costs later pushed difficult conversations around subsidies, fuel deregulation and energy security. More recently, shifts in…

Read More

‘Oil supplies to India increased’: Russian foreign minister Lavrov backs strong energy partnership

Russian Foreign Minister Sergey Lavrov on Friday said crude oil supplies from Russia to India have increased despite Western sanctions and mounting geopolitical pressure, ANI reported.Speaking on the sidelines of the BRICS Foreign Ministers’ Meeting in New Delhi, Lavrov said the rise in Russian oil exports to India was reflected in publicly available data.“We published…

Read More

Boost for energy security! India signs MoU on strategic petroleum reserves, LPG supplies during PM Modi’s UAE visit

In a boost to India’s energy security, several MoUs have been signed during PM Narendra Modi’s UAE visit on Friday. PM Modi’s visit to the UAE amid the ongoing US-Iran conflict and global crude oil price shock holds particular significance.According to an ANI report, several key agreements and investment commitments were announced during the trip….

Read More