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Hello Jammu News at 9:06:00 AM 0


Raipur, Sep 10 : Union Road Transport Minister Nitin Gadkari said Monday that Chhattisgarh has immense potential for production of bio-fuel.

Addressing a gathering at Charoda in Durg district of the state, he said use of alternative fuels will cut down our dependence on petrol and diesel.

Gadkari laid foundation stones of or dedicated total of eight construction works worth Rs 4,251 crore, including four fly-overs between Raipur to Durg Monday.

"Growth rate of the agriculture sector in Chhattisgarh is very good. Production of rice, wheat, pulses and sugarcane is abundant here, but the state can also emerge as a bio-fuel (production) hub," he said.

Bio-fuel produced from jatropha plant in Chhattisgarh was used in the first biofuel-powered flight which took off from Dehradun and landed in Delhi recently, he said.

The state has immense potential for production of bio-fuel which will create job opportunities for farmers, tribals and forest-dwellers and empower them, he said.

A research institute on biotechnology should be set up in the state capital Raipur which can help the state lead in the production of alternative fuels in the country, he said.

Switching to ethanol, methanol, bio-fuel and CNG will cut down dependence on petroleum and reduce the prices of petrol and diesel, he said.

"We are importing petrol and diesel worth Rs 8 lakh crore and prices are increasing. Rupees is falling against dollar. I have been saying for last 15 years that farmers, Adivasi (tribals) and forest-dwellers of the country can produce ethanol, methanol, bio-fuel and can (become rich enough to) fly planes..." the Union minister said.

"We have decided to exempt vehicles including auto-rickshaws, buses, taxis run on alternative fuels like ethanol, biodiesel, CNG, methanol and bio-fuel from permit requirements," he said.

"Our petroleum ministry is setting up five ethanol plants, where the fuel will be produced from paddy straw, wheat straw, sugarcane and municipal waste. (Consequently) Diesel will be available at Rs 50 per litre and petrol at Rs 55," he said.

Saying that he has approved the projects demanded by the Chhattisgarh government, he said, "I am the only minister who has no dearth of money (for his department). I have so far inaugurated works worth Rs 40 lakh crore.

"I have no dearth of money but I ensure that the work is done in a good way. After getting works worth Rs 40 lakh crore executed, I can confidently say that no contractor had to come to the office with bills (to get them passed). All the works which were done were corruption-free and done in a transparent manner," the Union minister said.

Chief Minister Raman Singh was also present on the occasion.PTI
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Hello Jammu News at 1:44:00 PM 0

New Delhi, Sep 3: Petrol and diesel prices in the country touched their highest levels Monday mainly due to dramatic fall in rupee and a sharp rise in crude oil rates.

Petrol price in Delhi rose to a record Rs 79.15 a litre and diesel climbed to a fresh high of Rs 71.15, according to price notification of state-owned fuel retailers.

This follows ?a 31 paise/litre hike in prices on Monday. Rates have breached the previous high of Rs 78.43 a litre hit on May 28. On that day, the rate in Mumbai was Rs 86.24 per litre.

A litre of petrol in Mumbai costs Rs ?86.56 on Monday.

Prices in Delhi are the cheapest in all metros and most state capitals due to lower sales tax or VAT.

Diesel rates on Monday were hiked by 39 paise a litre, the steepest increase since the daily revision in prices was introduced in mid-june 2017.

Diesel now costs Rs ?75.54 per litre in Mumbai.

Since August 16, petrol prices have risen by over Rs 2 per litre. Diesel prices on the other hand have risen by Rs 2.42 a litre during this period.

Diesel rates had hit Rs 69.31 a litre on May 28, but this record was breached on August 27 and on Monday they hit a fresh high.

Fuel prices vary from state to state due to local levies.

Officials said the spike in rates is on account of exchange rate falling to a record Rs 71 to a dollar, depreciating by Rs 2.5 in a month.

Also, crude oil has gained USD 7 a barrel in a fortnight, driven by fears that the US sanctions on Iran will likely contract supplies.

The appreciation of dollar against rupee has also pushed up rates for compressed natural gas (CNG) as well as piped natural gas (PNG) since the price of gas procured by city distributors is mostly dollar-denominated.

Indraprastha Gas Ltd, which retails gas in the national capital, on Sunday raised the prices of CNG by 63 paise per kg and by Rs 1.11 per standard cubic meter for piped natural gas supplied to households for cooking purposes.

CNG now costs Rs. 42.60 per kg in Delhi and Rs 49.30 per kg in Noida, Greater Noida and Ghaziabad. The consumer price of PNG to the households in Delhi has been increased to Rs 28.25 per scm, while same in Noida, Greater Noida and Ghaziabad would be Rs 30.10 per scm, which has been increased by Rs 1.26 per scm. (PTI)
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Hello Jammu News at 12:47:00 PM 0

Johannesburg, Jul 27: An Indian-driven gold mining project in Siberia has been hailed at the BRICS Summit here as the first practical implementation of the objectives of the grouping comprising Brazil, Russia, India, China and South Africa.

The Kluchevskoye Gold Mining Project, initiated by India's SUN Gold Ltd, is being seen as the first-ever industrial public-private partnership investment project to be undertaken by partners from all BRICS member-states.

China National Gold Group Corporation, the Russian Sovereign Investment Fund, Far East and Baikal Region Development Fund (FEDF), and leading private investment and business leaders from Brazil and South Africa, are partnering in the project located in the Chita region of eastern Siberia.

The multinational joint venture will see the transformation of the Kluchevskoye gold deposit into a significant open-pit mine, with an expected gold production of more than 6.5 tonnes per annum.

Pre-production investment of up to USD 500 million is planned, with China National Gold as the major shareholder and technological partner.

CNG, one of the world's leading gold companies, will provide management and development expertise, while the century-old Indian SUN Group brings 60 years' of experience of working in Russia, having built several significant businesses in the country, including SUN Brewing, one of the region's largest beer companies.

FEDF's involvement will bring regional investment and political support for the project, and opportunities for further growth in the gold and copper mining sector in the Russian Far East.

The South African and Brazilian investors seek to add a dimension to create a joint investment and industrial platform for growth in Africa and Latin America.

"This project has given us an understanding of how BRICS can actually work in a practical manner where we can use complementary strengths," Shiv Khemka, vice chairman of the Indian-owned SUN Group, told at the summit.

"It's just a different way of looking at things through two different lenses to bring the expertise of all these countries together to work as a team on something that we hope will be very successful."

He said his company bought the Siberian mine in 2007 as it looked around for old mines which presented opportunities.

"The local government was also very supportive, so that was important for us," Khemka said. He has lived in Russia for 25 years and started up several companies there.

Ivor Ichikowitz, chairman of TransAfrica Capital, said the project marked a critical step in the evolution of BRICS.

"It is projects like this that make a real economic impact not only on economic growth, but more importantly by creating jobs which impact on citizens' lives while at the same time bringing the BRICS collective closer together," Ichikowitz said.

Iqbal Surve, chairman of BRICS Business Council, was hopeful about the venture serving as a model for multilateral cooperation for other countries as well.

"This innovative model of public and private partners from BRICS countries coming together can be used as a model to tackle significant projects in non-BRICS countries as well, creating a sustainable model for cooperation, collaboration and investment-led economic growth, boosting industrial development and providing turnkey, sustainable job creation," Surve said. (PTI)
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Hello Jammu News at 3:26:00 PM 0



Agartala, Apr 7: To increase the use of natural gas instead of non-renewable fuel sources, Tripura National Gas Company Ltd (TNGCL) has allowed conversion of more vehicles from petrol 
and diesel to compress natural gas (CNG).
The Marketing Manager of TNGCL Joyjit Chowdhury said despite having potential the company has not yet been able to set up CNG filling station across the state. Apart from that there was a huge demand of CNG vehicle but it is stopped because of inadequate fuel filling station.
At present six CNG filling stations are functioning in the state catering to the needs of about 12000 auto rickshaws and more than 2000 small vehicles operating in Agartala, Khowai and Udaipur. TNGCL has been able to cover around 35000 kitchens with pipeline natural gas (PNG) of more than two lakh households in Agartala Municipal Corporation (AMC) area.
Keeping in view the growing demand of clean energy, TNGCL has decided to install three more CNG stations at Bishalgarh, Bishramganj and Udaipur, which will cater to south bound vehicles and the company is studying the feasibility of setting up CNG filling stations in Northern parts of the state, Chowdhury stated.
“There is also sufficient demand of CNG and PNG in Dhalai, Unokoti and North Tripura districts but the company has not yet been assured the supply of gas and investment for establishing the infrastructures,” he said adding that CNG conversion of vehicles would be able to cut down air pollution substantially and help us retain the tag of clean atmosphere of Tripura.
TNGCL is also working on expansion of PNG lines in Northern part of Agartala and remaining portion of the city, targeting to complete PNG network by next two years, he added. UNI
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Hello Jammu News at 7:02:00 PM 0


New Delhi, Apr 2: Petroleum Minister Dharmendra Pradhan on Monday said the roll-out of BS-VI fuel in Delhi from April 2018, instead of April 2020 was taken after taking stock of the alarming pollution situation in Delhi in winters.
BS-VI is as clean as CNG or even cleaner than CNG in some respects Pradhan said here at the launch of BS-VI compliant automotive fuels in Delhi.
BS-VI fuel will bring down sulphur by 5 times from the current BS-IV levels. This is an 80 percent reduction which makes it extremely clean. It will improve emissions from the existing fleet, even from the older vehicles on road, a ministry statement said.
“We plan to extend the availability of these fuels across the country by 1st April 2020,” Mr Pradhan added.
“We believe that early migration to BS-VI fuels in the National Capital of Delhi will help in saving thousands of precious lives by bringing down vehicular pollution significantly,” Mr Pradhan said.
However, to take full advantage of the availability of such superior fuels, the vehicle technology has to move to BS-VI. Introduction of BS VI fuel will only give partial benefits if BS VI compliant vehicles are not put on the road, he said.
“I am told that our auto-companies are already making BS VI cars in India and exporting them to developed countries. I am sure they can also do so for our own country.”
Pradhan appealed to all automobile manufacturers to start selling BS VI vehicles, wherever BS VI fuel is available.
The Petroleum Minister his Ministry was trying to contribute towards solving the problem of pollution due to agricultural stubble burning and other causes by implementing 2G Ethanol plants.
“Increasing share of gas in primary energy basket from 6 percent to 15 percent, initiating 9th Gas Development Bidding Round and unbundling of gas sector to promote gas-based economy were other measures for cleaner fuel,” the Minister said.
According to a Centre for Science & Environment study, air pollution takes 10,000-30,000 lives in Delhi every year. 
With the introduction of BSVI, India joins the small list of Asia - Pacific nations -Japan, South Korea, Hong Kong, Australia, New Zealand, Philippines and China. UNI
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