New Delhi, May 13 (IANS) The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved a scheme for the promotion of surface coal/lignite gasification projects with a financial outlay of Rs 37,500 crore.The scheme is projected to create around 50,000 (direct and indirect) jobs across 25 projects in coal-bearing regions, according to an official statement.In a significant accompanying reform, the government has also extended coal linkage tenure up to 30 years under the “Prod…
Latest Import Dependence News & Updates
New Delhi, April 8 (IANS) The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, on Wednesday approved the revision of the HPCL Rajasthan Refinery Limited (HRRL) project cost from Rs 43,129 crore to Rs 79,459 crore and additional equity investment of Rs 8,962 crore by the Hindustan Petroleum Corporation Limited (HPCL).The total equity investment of HPCL after the increment will be Rs 19,600 crore, according to an official statement.HRRL is a 9 million metric t…