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CNS Admiral R Hari Kumar on official visit to Japan from Nov 5-9

IndianOil signed an MoU with National Tiger Conservation Authority for transcontinental relocation of ‘Cheetah’ in its historical range in India, in an event held today at Paryavaran Bhawan, New Delhi. We are undergoing a remarkable transformation which is almost revolutionary. We are reducing dependence on imported fuels by promoting biofuel blending, green hydrogen and introduction of electric vehicles.

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IndianOil, the largest commercial enterprise in the country, was formally conferred the Maharatna status at a function held here today. Indian Oil Corporation Ltd. has registered a profit of Rs. 1635 crore for the third quarter of the current financial year ended December 2010 as compared to a profit of Rs. 697 crore for the same quarter of the previous year. Shri RPN Singh, Hon’ble Minister of State for Petroleum & Natural Gas and Corporate Affairs, flagged off the “Peaks of Friendship” Motorbike Expedition to Ladakh, sponsored by IndianOil in the presence Shri. Indian Oil Corporation Ltd, the largest commercial enterprise in the country inked a Memorandum of Agreement with Department of Biotechnology , Government of India to set up a DBT–IOC Centre for Advanced Research on Bio-energy. Mr. Makrand Nene has been appointed as the Director of oil major Indian Oil Corporation , with immediate effect.

Kerala keen to make itself the most preferred investment destination – Kerala Chief Minister

The Committee recommended the addition of these components to the detailed project report to foster proper connectivity. Indian Oil Corporation Ltd. has embarked upon a path-breaking technology innovation by commissioning pilot projects offering ‘LNG at the doorstep’ for use in captive power and industrial furnace applications. LNG , a cryogenic liquid fuel with high energy density, is the purest form of natural gas. The two day conference, to be held in Odisha’s capital city, will be inaugurated by Jharkhand What is Human Capital Management Governor Hon. Hon’ble Prime Minister Shri Narendra Modi, today laid the foundation stones for City Gas Distribution projects in 63 Geographical Areas across India, heralding the availability of convenient and environment-friendly natural gas for residents under the 9th Round of CGD bidding. India’s leading national oil & gas company, Indian Oil Corporation , commissioned its first Compressed Natural Gas station under the City Gas Distribution project in Jharkhand State at its fuel station, M/s.

All the major ports and subordinate/attached offices of the Ministry of Ports, Shipping and Waterways are undertaking various efforts to remove pendency and improve cleanliness in their offices and their office compounds. Paradip Port Authority will continue its Journey to remain in the forefront for realizing the dream of a Clean and Green Paradip. As part of ongoing Special Campaign 2.0 Shri P.L.Haranadh, Chairman, PPA today inaugurated the Township Sewerage Connection to STP near JB/JC Water Tank. Due to the connection of drains of the Port Township with the STP, the wastewater will not flow to the nearby natural streams resulting in fulfilling the dream of Zero Discharge.

With the theme – “Celebrate Biodiversity”, PPT observed today World Environment Day 2020. With the world fighting apandemictogether and the country in extended lockdown, this year plantation programme was conducted by PPT in a simple manner, following social distancing norms. PPT intends to plant around 1 lakh trees in this fiscal in the locality. As the part of a mass plantation drive, Shri Rinkesh Roy, Chairman, PPT planted a sapling at the Golf Course of PPT. It was followed by plantation in the premises of Paradip Sakshyarata Samiti. The plantation drive under the aegis of PPT, will be executed through Odisha Forest Development Corporation.

Similarly, Gopabandhu Kreeda Sansad from time to time conducts Yoga sessions for PPA employees and their families to contribute a healthy workforce to the nation. As Yoga embodies unit of mind and body, thought and action, it has been incorporated in the education curriculum of the students from Port Trust UP School & High School. He also expressed that “As we aim for setting-up of world-class infrastructure facilities at ports, the performance of our ports are improving.

Baroness Usha Prashar appointed as the Chair of FICCI UK Council

Under the Sagarmala Programme port based industrialization is also one of the pillars under port led industrialization. A Multi Modal logistic park at a cost of Rs.200 crores over 100 acres of land is under development. Paradip Port has allocated land for setting up 2 nos of Pellet plants and POL Tank Terminal at a cost of Rs.7000 crores. A new Tank Terminal for Numaligarh Refinery Ltd. for transportation of crude at cost of Rs.1500 crores is being set up.

“However, at the end of FY06, the government chose to modify the scheme and reduced the duty entitlement to flat 5% with retrospective effect from April 1, 2005,” Sharma said. Towards that end, it started first with its ‘Economic Push’, https://1investing.in/ to ensure that China gets firmly embedded in the world market and ASEAN, as the manufacturing hub, through the 1990s and the early 2000s. Most of the MNCs have their major factories on the Eastern Seaboard of China earmarked as SEZs.

  • He added efforts are made to put maximum use of about km of waterway in the country, for the development of the country.
  • Shri Sonowal reviewed the progress of initiatives undertaken for development of green ports planned under Maritime India Vision 2030.
  • Chairman, PPT during his interaction with the Press informed that there is a narrow window period between January and February to complete the work smoothly in tranquil conditions and PPT has completed this task successfully.
  • In particular, the demand for import of coking coal & fluxes and export of finished steel products has been increasing in view of number of Steel Plants established in the hinterland of the Port necessitating capacity creation to cater to the Port hinterland requirements.

Chairman, PPT said that despite 74 years of independence, right to equality still remains a distant dream for women. Subhalaxmi Roy, President, Paradip Ladies Club highlighted the challenges faced by working women in their day to day life. Com-peering the programme, Shri Saroj Kumar Das, CME told that inspite of progress of Civilisation, still gender inequality exits in the society in the name of tradition, due to ignorance of their legal rights by the women. This kind programme will eventually create awareness among them and they will take a stand against the menace of inequality. As an apex body,DG Shipping is authorized to administer, supervise and monitor all activities relating to Ship Recycling. DG Shipping will look after the sustainable development of the Ship Recycling industry, monitoring the compliance to environment-friendly norms and safety and health measures for the stakeholders working in the ship recycling industry.

So the procrastination with India appears to be its game plan, till it secures itself along the Eastern Seaboard up to the Second Island Chain or till the West Philippine Sea at least. China has taken on a key role in financing these alternative mechanisms that are designed to increase China’s autonomy vis-à-vis the US-dominated institutions and to expand its international sphere of influence. It currently follows a process of supplementing/complementing existing multi-lateral institutions. Thereafter, it would surely replace the existing order to suit its convenience. Haryana Space Applications Centre, Hisar, is a collaborator of ISRO, and is the nodal agency for remote sensing and GIS applications of the Government of Haryana. It is playing a very useful role in planning infra, rural and urban development.

This will promote ease of doing business by adopting world class trade facilitation practices, which will be transparent and cost-effective proposition. It is a “game-changer” for shipping operations, and is set to help reduce the high logistics costs in the country. The first State-of-the-Art 10 MLD De-salination Plantin Odisha is going to be commissioned at Paradip Port. AnMoU regarding consulting services was signed between PPT & NIOT (National Institute of Ocean Technology, Chennai under Ministry of Earth Sciences, Govt. of India) on 15th July 2019.

After the evacuation of crew along with his wife, the cabin of the ship was sanitized as per protocol. The evacuated crew was in stable condition and reached SCB Medical College safely. There, the affected will be tested for the novel coronavirus and will be managed further. The Paradip Police provided all support to escort the ambulance to Cuttack. Conservator, PPT and Capt. A.C. Sahu, Harbour Master were also present during today’s presser. Cautioning about hard summer days ahead, Chairman, PPT appealed to the inhabitants of township to cope up with one time water supply very soon.

Human capital is the most important component in any organisations and due to negligence, one can’t afford it to lose the life. As the Port is vying for the number one position in the country in safety standard also, it should set a bench mark. He appealed to the workers not to venture inside the port prohibited area in two wheelers to avoid any untoward incident.

Outlook for Manufacturing Improves for Quarter 4 of 2017-18: FICCI Survey

PPT will be also immensely benefited from the consumer friendly environment as there will be more transparency in revenue affairs. Collection efficiency will increase and consumer complaints will addressed conveniently. The above achievement of 100 MMT of cargo again by PPT in the current fiscal is despite global COVID-19 crisis and 2 of its existing berths are not available for handling of cargo these are under mechanization process.

The supply of petroleum products to the state of Tripura has been severely affected due to the heavy rains and the washing away of the highway – NH 44, leading to the state. IndianOil has taken a big step forward to return the smiles to the faces of children and young adults who have been living in isolation with cleft lip and palate deformities. The medical condition of cleft lip is an unfortunate birth defect affecting maximum people in the North East. LPG connections were distributed under Pradhan Mantri Ujjwala Yojana today at Panipat by Shri Manohar Lal, Hon’ble Chief Minister, Haryana in the presence of Shri Dharmendra Pradhan, Hon’ble Minister of State , Ministry of Petroleum and Natural Gas, Government of India. IndianOil has topped BT500 list of India’s Most Valuable Companies by total income. Published annually by BusinessToday magazine, this prestigious listing is yet another recognition of IndianOil’s status as The Energy of India.

And 4 under the category of Promoting Cargo and Passenger Movement and Seaplane Tourism worth Rs.1,616 Crs. Shri Pradhan said that Odisha has a rich maritime history and thousands of years ago navigators of the state sailed to different parts of the globe to bring fortune and glory to the state. He further said thatat one point time in history, we were one of the most prosperous civilizations of the world and today in the 21st century, PM Modi has given a clarion call of Aatmanirbhar Bharat and $5 trillion economy. With natural harbours, rich natural resources, long coastline and skill-able and hardworking manpower, Odisha is uniquely poised to be the part of Aatmanirbhar journey and contribute to the making of $5 trillion economy . The mega project envisages amongst others, import of Crude Oil at Paradip port and transport of the same by way of laying pipeline from Paradip, Odisha to Numaligarh, Assam.

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Denizens of Paradip including various industries, Port users, educational institute and voluntary organisations enthusiastically participated in the camp, which increase awareness about need of regular non-remunerated voluntary blood donations. Of India to provide Ayurvedic and other traditional system of medicines to the beneficiaries of Paradip Port Authority, Shri P.L. Haranadh, Chairman, PPA has kindly approved to engage a part-time visiting Ayurvedic consultant at PPA Hospital. Interactive with Media on the occasion Shri Haranadh said that the Special Campaign 2.0 is continuing at PPA since Gandhi Jayanti and will culminate on 31stOctober. During the campaign period special focus is being laid on disposal of pending matters, scrap disposal cleanliness. The newly commissioned Road Sweeping machines will impact the cleanness & hygienic of the Port Area. PPA will continue its journey to remain in the forefront for providing clean environment to the local populace.

FICCI Industry Survey on GST- Positive impact on logistics, GSTN portal glitches and cost of compliance among concern areas

The unaudited financial results of the Corporation were taken on record at the meeting of the Board of Directors here today. The three oil marketing PSUs, Indian Oil Corporation, Bharat Petroleum Corporation and Hindustan Petroleum Corporation, currently providing aviation fuelling services at the Mumbai airport, have joined hands with Mumbai International Airport Pvt. Ltd. for the formation of a new joint venture company for setting up and operating an integrated fuelling facility. Based on current price levels in the international oil market, the desired increase in the retail selling prices of petrol in a market like New Delhi should have been Rs.3.72/Lt. However, IndianOil has chosen to soften the impact on the customer by increasing the price by Rs.2.50/Lt.

All operating locations of IndianOil – bulk storage points, LPG distributorships and fuel stations – are functioning normally under the advisory of their respective State Governments/local administrations for maintaining essential services of petroleum products to the public. The crude oil throughput of IndianOil refineries crossed 80% as on date, with consumption of all petroleum products put together almost doubling in May ’20 as compared to April ’20 levels. IndianOil reported Revenue from Operations of Rs 88,937 crores for the first quarter of Financial Year as compared to Rs 1,50,137 crores in corresponding period of Financial Year 19-20. The IndianOil Board has given its go-ahead for the implementation of an Integrated Para-Xylene and Purified Terephthalic Acid complex project at Paradip, Odisha, at an estimated investment of Rs. 13,805 crore at the Board meeting held here today.

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