New Delhi, July 26 (IANS) Union Minister for Petroleum and Natural Gas, Hardeep Singh Puri, said on Sunday that transformative initiatives like the Biofuel Mission, Green Hydrogen Mission, and Samudra Manthan are steering India towards a new era of energy self-reliance. The Union Minister highlighted that biofuel forms a crucial foundation of India’s sustainable energy future, empowering farmers, reducing dependence on imported fuels, and giving fresh momentum to environmental conservation.He sa…
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New Delhi, July 13 (IANS) India is unlikely to face any immediate energy supply concerns despite fresh geopolitical tensions escalating in West Asia, as the country is well-positioned to meet its near-term energy requirements with adequate crude inventories and diversified sourcing, according to industry experts and reports.The renewed tensions are likely to push up crude oil prices and increase procurement costs for September and October, according to experts. However, they noted that India’s i…
New Delhi, July 9 (IANS) Union Minister for Finance and Corporate Affairs Nirmala Sitharaman on Thursday welcomed AustralianSuper’s additional $500 million (Australian dollar) investment in India’s National Investment and Infrastructure Fund (NIIF), saying the move reflected global investors’ continued confidence in India’s growth story under the leadership of Prime Minister Narendra Modi.Reacting to announcement in a post on X, Sitharaman thanked PM Modi for championing greater investments in I…
New Delhi, July 9 (IANS) Union Petroleum and Natural Gas Minister Hardeep Singh Puri has rejected criticism of ethanol-blended fuel, asserting that E20 petrol is scientifically tested, safe for vehicles and central to India’s push for energy self-reliance, while alleging that a misinformation campaign had intensified after the rollout of E85-compatible vehicles.In a post on X, the minister said India has been using E15 fuel since April 2023, E19 since April 2024 and E20 since April 2025, with no…
Jaipur, July 4 (IANS) Prime Minister Narendra Modi on Saturday inaugurated the country’s first greenfield integrated refinery-cum-petrochemical complex and laid the foundation stone for the Jaipur Metro Phase-2 project (Prahladpura to Todi Mod) during a programme held at Pachpadra in Balotra district. He also dedicated and launched development projects worth over Rs 1.05 lakh crore for Rajasthan.During the event, letters of appreciation were presented to approximately 54,000 newly selected youth…
New Delhi, July 4 (IANS) Union Petroleum and Natural Gas Minister Hardeep Singh Puri on Saturday described India’s first standalone greenfield refinery-cum-petrochemical complex — inaugurated by Prime Minister Narendra Modi at Pachpadra in Rajasthan — as a major milestone in the country’s journey towards energy self-reliance.In a post on X, the minister said the refinery will produce nearly 26 per cent petrochemical products from the outset and has a Nelson Complexity Index of 17, making it on…
New Delhi, July 4 (IANS) Union Minister for Road Transport and Highways Nitin Gadkari has said that the government is working on introducing up to 15 per cent isobutanol blending in diesel, describing the biofuel as a potential alternative to conventional diesel that could help reduce India’s dependence on crude oil imports.Speaking during the launch of India’s first flex-fuel passenger vehicle by Maruti Suzuki India Limited on the occasion of World Environment Day on June 4, in the presence of …
Jaipur, July 4 (IANS) Prime Minister Narendra Modi on Saturday inaugurated the country’s first greenfield integrated refinery-cum-petrochemical complex at Pachpadra in Balotra and virtually laid the foundation stone for the Jaipur Metro Phase 2 project. The Prime Minister reached Pachpadra around 12 noon, where he inspected the refinery’s state-of-the-art control room and interacted with engineers and technical experts to understand the crude oil refining process.Before dedicating the refinery t…
New Delhi, July 2 (IANS) Consumers expecting a reduction in petrol and diesel prices may have to wait longer, as Union Petroleum and Natural Gas Minister Hardeep Singh Puri on Thursday said there is no justification for lowering retail fuel prices at this stage.Addressing the issue of fuel pricing, Puri said petrol and diesel prices have remained largely stable despite significant fluctuations in global crude oil markets.He noted that petrol prices have increased by only 5.58 per cent over the p…
New Delhi, June 29 (IANS) Union Petroleum Minister Hardeep Singh Puri on Monday said India moved more than 12 LPG vessels through the Strait of Hormuz without paying any tolls and rapidly reconfigured refineries to increase cooking gas production, measures that helped the country navigate what he described as the largest energy disruption in modern history.Referring to the closure of the Strait of Hormuz, which he said lasted for nearly four months, Puri said the government took a series of emer…