New Delhi, May 27 (IANS) The Scheme for Promotion of Surface Coal and Lignite Gasification Projects, launched with a financial outlay of Rs 37,500 crore, marks a major step towards achieving the national target of gasifying 100 million tonnes (MT) of coal by 2030, to strengthen India’s energy security and reduce dependence on imports of key commodities such as LNG, urea, ammonia, and methanol, the government said on Wednesday.The Coal Ministry is gearing up to organise a roadshow on Thursday t…
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New Delhi, May 25 (IANS) Bangladesh is facing rising concerns over food security and inflation as continued disruptions in the Strait of Hormuz threaten both global fuel and fertiliser supply chains, a report has said, warning of a potential knock-on impact on agriculture and rural incomes.A report published in The Financial Daily highlighted that while immediate attention in the country remains focused on surging fuel costs, a more significant risk is emerging from tightening fertiliser availab…
New Delhi, May 24 (IANS) Pakistan’s deepening energy crisis and rising burden of circular debt are the result of years of flawed policy decisions, expensive imported fuel dependence and weak regulatory oversight rather than the International Monetary Fund (IMF) alone, according to a strongly worded analysis examining the country’s power sector.The report cited by The Tribune Express argued that Pakistan’s energy sector problems worsened significantly after the Nawaz Sharif-led government r…
New Delhi, May 24 (IANS) India’s heavy-duty logistics sector is increasingly turning to liquefied natural gas (LNG) as transport operators and policymakers look for alternatives to diesel amid rising concerns over energy security and crude oil imports.The transition comes as freight movement across the country continues to grow rapidly. India currently has nearly four million diesel-powered trucks transporting close to 70 per cent of domestic cargo, making the sector one of the largest consume…
New Delhi, May 24 (IANS) In a bid to improve efficiency and support the growing adoption of cleaner fuels across the country, the government on Sunday said it has amended the Legal Metrology (Government Approved Test Centre) Rules, 2013, to further strengthen India’s legal metrology ecosystem and expand the country’s verification infrastructure for weights and measures.A key feature of the amendment is the expansion of the scope of government-approved test centres (GATCs) to include verifica…
New Delhi, May 23 (IANS) Agreements signed between India and the United Arab Emirates during Prime Minister Narendra Modi’s visits deepen strategic‑economic partnership across energy storage, long‑term fuel supplies, defence cooperation and artificial intelligence, a report has said. The report from India Narrative said the agreement builds India’s energy resilience, maritime security, digital ecosystems, and emerging artificial intelligence capabilities.It includes a $5 billion investment c…
New Delhi, May 23 (IANS) Global oil prices climbed on the last day of trading week after Iran cast doubt on market hopes for a near‑term agreement with the United States.Brent crude rose 0.94 per cent to $103.5 per barrel, while US benchmark WTI gained 0.26 per cent to $96.60 a barrel, reversing part of Thursday’s selloff losses that had pushed both benchmarks to their lowest in nearly two weeks.Iran’s Foreign Ministry spokesperson said Tehran could not say an agreement with Washington was…
New Delhi, May 22 (IANS) Pakistan’s gas sector has gone into a structural decline, which, in turn, is damaging industrial competitiveness, discouraging exploration investment, increasing LNG dependence and weakening Pakistan’s long-term energy security, according to an article in the local media.Policymakers have been treating the gas crisis as a supply shortage problem, but the rot runs deeper, as it is the structure of the gas market itself that no longer works, the article in Karachi’s Bu…
Mumbai, May 22 (IANS) GreenLine Mobility Solutions Ltd., an Essar venture and a pioneer in green logistics, further strengthened its longstanding partnership with Tata Steel with the flag-off of LNG-powered trucks at Tata Steel’s Meramandali facility in Odisha.The deployment marks another step forward in the ongoing collaboration between the organisations to decarbonise long-haul road logistics across multiple operational locations in India. The initiative reflects the shared vision and commit…
New Delhi, May 21 (IANS) The Confederation of Indian Industry (CII) on Thursday called for a coordinated national response to tackle a ‘3Fs’ challenge of fuel, fertiliser and food amid the West Asian crisis, causing price rise in these sectors.CII said the three pressures from fuel, fertiliser and food are interlinked and must be treated as a single, integrated economic challenge.“Fuel feeds into fertiliser, fertiliser feeds into food, and all three feed into inflation, fiscal stress, and hous…