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India considers slashing import taxes on solar panels
HPCL plans significant increase in Iraqi oil imports in 2025
Hindustan Petroleum Corporation Ltd (HPCL), India's state-run oil company, plans to increase its annual crude oil imports from Iraq to 100,000 barrels per day (bpd) in 2025, marking a 43% growth from its current import deal of 70,000 bpd in 2024. This expansion aligns with HPCL’s ongoing refinery upgrades and increased demand for crude.The increased imports will support the expansion of HPCL’s Vizag refinery in Southern India, which is undergoing an upgrade to boost its capacity from 274,000 bpd to 300,000 bpd. HPCL also operates the 190,000 bpd Mumbai refinery and is set to begin operatio..
DPR for Vandalur-Vandavasi industrial corridor to Cheyyar Sipcot under development
The Tamil Nadu Road Development Company (TNRDC) is preparing a Detailed Project Report (DPR) for the development of an industrial corridor connecting Mannivakkam near Vandalur to Vandavasi in Tiruvannamalai district. This proposed corridor will enhance connectivity to the Cheyyar SIPCOT (State Industries Promotion Corporation of Tamil Nadu) Industrial Complex and the Oragadam Industrial Hub, further strengthening the state’s industrial growth.TNRDC has suggested upgrading State Highway-116, which runs from Kancheepuram to Vandavasi, into a six-lane road. The Cheyyar SIPCOT complex, which spa..
CIL urged to prioritise coal production to reduce imports: Minister G Kishan Reddy
Union Minister G Kishan Reddy has called on Coal India Limited (CIL) to focus on ramping up domestic coal production and scaling up supply to reduce the country’s dependency on coal imports. CIL, which accounts for over 80% of India's domestic coal output, was highlighted as key to India’s energy security.Speaking on the occasion of CIL’s 50th Foundation Day, Reddy praised the company’s efforts to improve workers' welfare, particularly through the introduction of Performance Linked Incentives for contractual workers, effective FY 2023-24.The launch of commercial coal mining has brought..
