The unit is proposed to be set up on 50 acres of land in the premises of the now-defunct Dhuriapar Co-operative Sugar Mill
The world's third-largest energy consumer would need a combination of cleaner diesel and petrol, compressed natural gas (CNG), biofuels and electric vehicles
Pradhan said the country's energy sector is attractive for foreign investors
Pradhan said the government had constituted a committee for preparing a road map to reduce the dependency on energy imports by 10 per cent by 2021-22
Pradhan said the state government's apathy in awarding land and swift clearances had slowed the tempo of growth in Odisha
The arbitration tribunal held that Reliance could contractually produce and sell any gas that might have migrated from adjoining fields of state-owned ONGC into its area
RIL and Shell challenged the FPA before the High Court in London
Synthetic natural gas is produced from coal and serves as a substitute for natural gas
However, he said, with the GST regime stabilising and apprehensions over GST collection gradually receding, "it is a matter of time petrol and diesel are brought under GST"
Delhi High Court, in its order, had directed the govt to extend the Production Sharing Contract with Vedanta for its Rajasthan block for a period of 10 years beyond the current contract term
This kind of geopolitical (tension) affects both consuming and producing countries. We have to live with the reality of the present geopolitics, Pradhan said
Saudi Oil Minister Khalid A Al-Falih will visit India on February 23-24 while US Energy Secretary Rick Perry would be here between February 28 and March 1
For the first time, 7 refineries and petrochemical complexes are about to begin their functions in India: Pradhan said
Part of plan for deeper petro ties with bloc and India in talks with Indonesia for refineries, LNG plants, says the oil minister
The meeting was attended by ministers from Assam and Manipur, senior officials of the ministry and representatives of all North-Eastern states
Union Minister Dharmendra Pradhan chided officials over an idea put forward by them
We expect investments worth of $40 bn in Indian E&P in 4-5 years: Pradhan
Japan will bear the financial cost of the skill training of Indian technical interns; about 50,000 of them may also get jobs in Japan
Idea was first mooted in a meeting of the consultative committee of members of Parliament in Srinagar on April 21
Petroleum minister Dharmendra Pradhan today said that thegovernment will not ask state-run companies to absorb the price rise in petroland diesel and will stick to market driven pricing system. He added thatshifting to GST regime will be only way to have a transparent tax structure onfuel items.This came after reports suggested that government may askoil marketing companies like Indian Oil Corporation (IOC), Bharat PetroleumCorporation (BPCL) and Hindustan Petroleum Corporation (HPCL) to absorb thehike in prices. The shares of BPCL, HPCL and IOC closed 6.23 per cent, 5.06 percent and 4.28 per cent down at Rs 500.35, Rs 457 and Rs 416.15, respectively atBombay Stock Exchange on Wednesday's trade. "The government has no business to interfere in theday-to-day affairs of companies. We have linked the product prices to marketand will stick to that," Pradhan said. The minister added that the globalprices will ease out very soon comforting the consumers. "A knee-jerkreaction is not required .