MINISTRY OF NATURAL RESOURCES
Centre says 19 coal mines allocated to 13 thermal power plants for fly ash disposal
In 2023, 19 coal mines were allocated to 13 TPPs for responsible fly ash disposal. Overseen by the Central Level Working Group and Additional Secretary, with the Central Electricity Authority, the initiative promotes sustainability. Fly ash's valuable composition allows for various applications, reducing the carbon footprint and addressing environmental concerns in the coal sector.
‘Organic’ and ‘natural’? India’s $32 billion packaged food and beverage industry struggles with disclosures
The packaged food industry should be more upfront about the ingredients they use to make products. It is a question of public health, say experts.
Revised mining guidelines to introduce stringent steps to optimise coal extraction: Ministry
The revised mining plan guidelines aim to optimise coal extraction through stringent measures, balancing flexibility for mine owners with responsibility and accountability. The guidelines were discussed during a stakeholders' consultation with 25 coal and lignite mining companies, including PSUs and representatives from various states. The new guidelines focus on sustainable coal mining by including restoration, remediation, and regeneration measures to address environmental and community concerns.
Ministry of Coal launches India's first pilot project for underground coal gasification in Jharkhand
India's Ministry of Coal launches the first Underground Coal Gasification pilot project at Kasta coal block in Jharkhand, aiming to convert coal into valuable gases like methane and hydrogen for industrial use.
China, Pakistan agree to strengthen mining cooperation
The countries will promote investment by Chinese firms in Pakistan's mining industry, and strengthen the planning of mining industry parks, including deep processing of ores, according to the joint statement published by China's foreign ministry.
Government offers two discovered oil and gas fields, one coal bed methane block in special bidding round
DSF was launched in 2016 and since then three rounds have been held. In the first round, 67 discovered oil and gas fields that were clubbed into 46 contract areas were awarded. These fields had an inplace resource potential of 45 million tonnes of oil and oil equivalent gas.
Key Antarctica meetings begin in Kochi on May 20 under shadow of Ukraine conflict
The 46th Antarctic Treaty Consultative Meeting (ATCM) commences in Kochi, with discussions overshadowed by the Ukraine-Russia conflict, which has impacted previous deliberations. Over the next ten days, signatory nations will focus on collaborative research and sustainable resource management in Antarctica. Regulation of tourism in the continent and applications for consultative status by Belarus and Canada are also on the agenda. Russia's increased surveys for oil and gas reserves in Antarctica raise concerns among partner nations about territorial claims.
Railways stocks: Stay bullish, just hedge a bit to avoid mistake of selling in haste: 7 outperforming railways stocks across different segments
Even the best of the rational brain can make wrong decisions when there is too much noise which gets created due to a narrative. Now for the last few days a narrative has been created that due to polls, FPI are selling. These kinds of narratives tend to hit the sector and stocks which are sitting with big gains and are dependent on government policy push. Railways was among the last sectors to get re-rated due to the policy focus. Whether it was companies which are financing the expansion of railways or private sector companies which are making coaches, all of them have done extremely well. Given the fact the railways is likely to be the focus area, the long term story remains intact. Only thing is that one might end up selling the long term winner early because of the narrative. Rather than getting jittery, it would be better to create a hedge and stay with the stocks where there has been a big change in the fundamental ways things operate and the sector has a long runway.
Protests in PoK consequence of Pakistan's policy of systemic plundering of resources: MEA
India asserts protests in Pakistan-occupied Kashmir due to Islamabad's systemic plundering. Affirms Jammu and Kashmir's integral part of India amid violent protests over economic crisis in PoK. Highlights Islamabad's exploitation denying local rights over resources. External Affairs Ministry condemns exploitative policies. Protests erupt in PoK over rising costs and economic crisis.
Vedanta: How an old-age biz is trying to deliver a new-age baby
The complete acquisition of AvanStrate positions Vedanta in the display panel market, with plans to build its own display glass plant in Gujarat. The company is also eyeing partnerships for a potential chip plant. Vedanta's foray into electronics manufacturing, spearheaded by Agarwal's son-in-law Akarsh K. Hebbar, aligns with its core business of metals and mining.
Govt eyes pvt-public cloud model for chip designs for easy access
This facility will provide easy access to chip and packaging designs to startups, researchers and small firms, as per the plan.
Russian President Vladimir Putin to visit China this week
Russian President Vladimir Putin will visit China this week after an invitation from Xi Jinping. Beijing's foreign ministry confirmed the trip scheduled from Thursday to Friday. This marks Putin's second visit to China in just over six months, highlighting the close ties between the two nations. The visit comes amidst a strengthened partnership following Russia's military assault on Ukraine in February. China has served as a crucial economic lifeline for Moscow amid Western sanctions.
Hydroelectric surge: India on the cusp of a significant transformation in its energy sector
India is set for a significant surge in hydroelectric power potential, with current projects aiming to boost capacity by over 50% to 67 GW by 2031-32. The Ministry of Power highlights the crucial role of favorable monsoons and snowmelt in Himalayan regions. Despite challenges, the focus remains on enhancing renewable energy capacity for a sustainable future.
Lamphelpat waterbody project: A majestic lake in Manipur undergoes remarkable revival
The Lamphelpat Waterbody Project in Manipur aims to develop flood risk management, water security, and socio-cultural, economic, and environmental benefits. Wetland conservation is crucial due to the decline of wetlands in the state caused by transportation of eroded soil, siltation, encroachment, urban waste dumping, and climate change. Wetlands play a vital role in maintaining ecosystem balance.
INROAD project converts nearly 70,000 hectares into natural rubber plantations in northeast in three years
In tune with the spirit of 'Atmanirbhar Bharat’, INROAD (Indian Natural Rubber Operations for Assisted Development), a project for supporting development of 2 Lakh hectares of rubber plantations in North East is being undertaken under the Ministry of Commerce & Industry.
Cabinet approves MoU between India, Guyana on cooperation in hydrocarbons
The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the signing of a Memorandum of Understanding (MoU) between the Ministry of Petroleum and Natural Gas, India and the Ministry of Natural Resources, Guyana, on cooperation in the hydrocarbon sector.
2023: As India gasps for breath, NGT cracks whip to spur authorities strive for cleaner air, water
A highlight of the tribunal's directions involved restoring the pristine sanctity of rivers, many of which are venerated entities like the Ganga and Yamuna. Express orders were passed for not discharging sewage into the rivers and for protecting the floodplains. Acknowledging the pressing issue of pollution of the Ganga and its tributaries in West Bengal, Uttarakhand, Uttar Pradesh, Bihar and Jharkhand, the NGT sought a report from each district from the District Ganga Protection Committees headed by the District Magistrate across the five states.
Iran's ancient 'wind catchers' beat the heat naturally
Yazd, an ancient city in Iran's desert, is known for its tall wind catchers that provide natural cooling without electricity or emissions. These architectural wonders, called badgirs, have been used for centuries to cool the city's dwellings. Yazd's bioclimatic architecture and underground aqueducts, known as qanats, have attracted interest as sustainable solutions. UNESCO has recognized Yazd as a World Heritage Site for its intelligent use of limited resources. However, these traditional architectural methods have been overshadowed by modern construction and the use of energy-intensive materials.
India seeks more natural gas amid emergency measures to end blackouts
In a bid to stop the electricity outages, the Indian government wants additional volumes of natural gas and has asked utilities to expedite completion of power plant maintenance. India's power demand has been growing rapidly, with strong economic growth boosting demand from factories and the summer heat increasing household consumption.
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