Page 10 - Dharmendra Pradhan

India aims to double refining capacity to 500 MT by 2030: Pradhan

The country already has the world's largest refinery project in the West Coast of India, work on which will start soon, the minister said

India mulls doubling oil refining capacity to 450-500 mt by 2030: Pradhan

India plans to almost double its oil refining capacity to 450-500 million tonnes in the next 10 years to meet the rising domestic fuel demand as well as cater to export market, Oil Minister Dharmendra Pradhan said on Tuesday. Speaking at a webinar on 'Atmanirbhar Bharat: Fostering Domestic Steel Usage in Oil & Gas Sector', he said construction of a new 60 million tonnes a year west coast refinery, which is crucial to the capacity doubling plan, will start soon. "Our refining capacity will increase from about 250 million tonnes per annum now to 450-500 million tonnes in next 10 years," he said. The capacity addition will be both brownfield (expansion of existing units) and greenfield (new refineries), he said. The refining capacity of 249.9 million tonnes exceeded the fuel demand of 213.7 million tonnes in 2019-20, but the demand is likely to rise to 335 million tonnes by 2030 and 472 million tonnes by 2040. International Energy Agency (IEA) forecast that India's fuel demand will .

In pics: All you need to know about India's first natural gas exchange

The fully-automated trading platform, set up by the Indian Energy Exchange (IEX), allow buyers as well as sellers to trade for imported natural gas

Market Ahead, June 16: All you need to know before the opening bell

The SGX Nifty is up around 170 points from yesterday's close and is indicating an open at around 9,980 levels for the Nifty today

Dharmendra Pradhan bats for splitting GAIL, new gas tariff policy

Plan is to unbundle GAIL into two firms --- one for gas transmission, other for marketing; Ernst and Young appointed consultant

India to launch maiden, automated natural gas trading platform on Monday

Oil Minister Dharmendra Pradhan will launch the Indian Gas Exchange (IGX) to kickstart natural gas trading

Assam gas well fire: 7,000 moved to relief camps; 2 firefighters dead

The blaze at the well is so massive that plumes of black smoke can be seen from a distance of more than 30 kilometers

Covid-19 crisis: Test for steel industry as domestic demand shrinks

Shrinking domestic demand offers the industry the chance to become globally competitive

Congress accuses Dharmendra Pradhan of ignoring oil well fire in Assam

Assam Congress says blaze in Tinsukia district is now in its 14 days but union minister, his officials don't care.

Govt is looking at starting home delivery of petrol, CNG: Pradhan

Indian Oil Corp (IOC), the nation's largest fuel retailer, started home delivery of diesel through a mobile dispenser in 2018. This service is available only in a handful of cities.

Dharmendra Pradhan reviews pipeline projects, bats for Atmanirbhar Bharat

Project work along the Pradhan Mantri Urja Ganga, JHBDPL pipeline, has resumed in full swing post lockdown

India benefits from low-cost oil, fills 32 mn tonnes of commercial storage

India, the world's third biggest oil importer, buys over 80% of its oil needs from overseas markets. The nation has annual refining capacity of about 250 million tonnes

Speed up delivery of free cylinders to PMUY beneficiaries: Pradhan

Under the Pradhan Mantri Garib Kalyan package, over 80 million PMUY beneficiaries are eligible to get three free cylinders over the next three months

Centre permits conversion of surplus rice to ethanol for hand sanitisers

Move will lead to use of part of a stockpile of 30.57 million tonnes, which is almost 126% more than the buffer stock and strategic requirement norms

PM hails ministries' response, says humanity will overcome Covid-19

"The world is fighting Covid-19 together. Humanity will surely overcome this pandemic," Modi wrote on Twitter while retweeting a tweet by the Indian Embassy in Switzerland.

G-20 energy ministers bat for cheaper energy supplies to support healthcare

The G20 Energy Ministers' focused on ways and means to ensure stable energy markets, which are affected due to demand reduction as result of coronavirus pandemic

PMO asks ministers to file daily report on steps taken to curb virus impact

These ministers are instructed to work as a bridge between the Centre and the States, said a report

Odisha to mop up Rs 20,000 cr incremental revenue from e-auctions: Pradhan

Recently, Odisha successfully conducted electronic auctions of 19 lapsing iron and manganese ore blocks now run by merchant or non-captive iron ore blocks

US becomes sixth largest supplier of crude to India: Dharmendra Pradhan

The jump of the US with in a span of three years is significant as India is importing crude from a wide basket of 39 countries

Trump's India visit: Pradhan, US energy secy discuss strategic partnership

The meeting was attended by the US and Indian energy firms