Aegis Logistics announces commissioning of cryogenic LPG terminal at Mangalore
Aegis Logistics announced that Sea Lord Containers (SCL), wholly owned subsidiary of the Company has commissioned its cryogenic Liquified Petroleum Gas (LPG) terminal at Mangalore for storage & terminalling of liquified petroleum gases with static storage capacity of 82,000 MT w.e.f. June12, 2025.
The said terminal, which is developed by SCL on behalf of Aegis Vopak Terminals, an Associate Company, would be transferred subsequently.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
The Hindu
8 hours ago
- The Hindu
Brihaspathi Tech setting up CCTV plant near Hyderabad with ₹70 crore
AI surveillance and security solutions provider Brihaspathi Technologies is setting up a CCTV manufacturing facility in Tuniki Bollaram, near Hyderabad. Behind the move of the 18-year old firm — that has deployed 1.2 million CCTV cameras and counts Border Security Force (BSF), Election Commission (EC), Telangana High Court among customers — is the Centre recently making Standardisation Testing and Quality Certification mandatory from a perspective of securing such surveillance infrastructure devices. The Make in India push of the government is also a factor, managing director Rajasekhar Papolu said, estimating the 72,000 sq ft multi-storied manufacturing plant, a research and development facility and an experience centre to entail around ₹70 crore investment. The company has begun work to set up the plant on a 2.5 acre land parcel, he said, adding the facility is likely to be ready by December. Laptop manufacturing and exploring partnerships with drone companies for the cameras is under consideration, he said. Brihaspathi Technologies recently raised $10 million from foreign institutional investors. It also plans making an Initial Public Offering (IPO) in 2026-27 on the back of improved financial performance. The company is confident of achieving ₹450 crore turnover this fiscal. For 2024-25, it had posted ₹204 crore turnover and ₹42 crore net profit. On benefits of local manufacturing, Mr. Papolu said 70-80% of the final product would be made in India though import of certain components, especially the system on chip (SoC), remain inevitable. The company is constantly looking to add more 'intelligence into the cameras to make the decision making easier [for users]', he said, adding Brihaspathi now sourced cameras from various vendors depending on the customer specifications. With STQC norm — of authorised laboratories testing the cameras — and provision of incentives for domestic manufacturing, the government is seeking to restrict imports and rein in threats and data thefts, he said. The company's cameras are installed at diverse locations from the country's borders with Pakistan and Bangladesh, competitive exam centres, Indian Oil Corporation's LPG bottling plants to Kaziranga National Park. The Maharashtra State Road Transport Corporation has awarded the company a project to implement a comprehensive AI-enabled CCTV monitoring system across the MSRTC network, he said.
Business Standard
3 days ago
- Business Standard
BW LPG India and The Akshaya Patra Foundation Sign MoU to Advance Clean Energy and Nutrition for School Children
VMPL Puducherry [India], June 24: In a shared commitment to sustainability and child welfare, BW LPG India, India's largest owner and operator of Very Large Gas Carriers (VLGCs) for liquefied petroleum gas (LPG) shipping, formalized a strategic partnership with The Akshaya Patra Foundation, one of India's largest social impact organisations, through a Memorandum of Understanding (MoU) signing event held in Puducherry. As part of the partnership, BW LPG India has facilitated the installation of three LPG-powered industrial curry-making machines--each with a capacity of 500 litres--at The Akshaya Patra Foundation's centralised kitchen in Puducherry. This kitchen, which serves over 40,000 nutritious meals daily to children in government schools under the PM POSHAN programme, will benefit from enhanced cooking efficiency and elevated hygiene standards, enabling more effective large-scale meal preparation. Further strengthening its commitment for FY 2025-26, BW LPG India will extend a contribution exceeding ₹5.55 crore. This includes five-year Revex support for boiler conversions in three kitchens--Puri, Udaipur, and Chittorgarh--continued assistance for energy bills across 16 kitchens nationwide, and backing for two new diesel-to-LPG boiler conversions, advancing the Foundation's shift toward cleaner, sustainable kitchen operations. Speaking on the occasion, Mr. Balaji Munjurpet, CFO, The Akshaya Patra Foundation, said: "This partnership exemplifies the power of sustainable collaboration. BW LPG India's commitment to clean energy has seamlessly aligned with our mission of nourishing children. Their support will help us improve operational efficiency, reduce emissions, and reach more children with safe, hygienic, and wholesome meals every school day." Capt. Gaurav Bhatia, Director, BW LPG India, was present at the MoU signing along with Mr. Balaji Munjurpet. He states: "We are committed to the communities in which we operate, and we are proud to continue our partnership with Akshaya Patra Foundation to sponsor the energy needs of school kitchens with clean-burning LPG-fuelled equipment, reinforcing our firm conviction in delivering cleaner energy for a better world. Hunger and malnutrition are some of the major causes of low enrolment, increased absenteeism, and early dropouts in schools. Energy for cooking can change this." As Akshaya Patra enters its Silver Jubilee year, BW LPG India has reaffirmed its commitment for FY 2026-27, pledging over ₹4.8 crore in continued energy support and boiler conversion funding to strengthen the foundation's pan-India kitchen operations. In the upcoming financial years, BW LPG India restated its support by continuing Revex support for the LPG-converted kitchens with an estimated outlay of ₹1.04 crore annually till FY 2029-30. This long-term commitment ensures sustainable energy transitions across multiple Akshaya Patra kitchens, benefitting millions of children nationwide.
&w=3840&q=100)
Business Standard
3 days ago
- Business Standard
Data errors should be minimal, need to follow Japanese standards: Niti CEO
BVR Subrahmanyam says India must drive down error rates in welfare delivery to Japanese precision levels to avoid exclusions, fund loss and policy distortion Dhruvaksh Saha New Delhi Niti Aayog chief executive officer BVR Subrahmanyam on Tuesday said data errors cost vulnerable citizens significantly, and India must move beyond considering above-par quality as good enough—striving instead for complete accuracy along Japanese standards. Citing the example of LPG cylinder beneficiaries, he said: 'For 10 crore [100 million] people who have gas cylinders in India, even if the error is five per cent, that's 50 lakh [5 million] people. So, 50 lakh accounts have a bounce-back, and there is no transfer due to some or the other errors. This is noise [in the system]. So, in India, we can't go by percentages. We'll have to go to the Japanese quality level of 0.0001 per cent error rate. That's the level you need to drive things down to, and that's where I think data quality becomes important.' The CEO was speaking at the launch of the third issue of the quarterly tech insights report by Niti Aayog's Frontier Tech Hub, which called for improved data accuracy to enhance the quality and outcomes of government support programmes. 'Across ministries and states, platforms are built as separate silos that store data in clashing formats and use incompatible identifiers, forcing even routine joins to be stitched together by hand. Many of these systems run on ageing back-ends that lack basic validation rules, audit trails or version control, so a small tweak in one module can topple an entire workflow,' the report said. Under the data quality monitoring framework proposed in the report, it advocates self-assessment of current datasets and the formulation of a scorecard for data quality and maturity. 'When a single erroneous digit can delay a benefit, or a duplicate record inflates welfare outlays, the true cost of poor data becomes painfully apparent—impacting budgets, distorting policy and eroding the faith citizens place in our digital systems. The move from 'scale to precision' is not just an aspiration; it is a national imperative,' said Saurabh Garg, secretary, Ministry of Statistics and Programme Implementation (MoSPI). Subrahmanyam added that an overhaul of current data systems is needed if substantial gains are to be realised. 'The big gains come when we recraft and restructure the old systems. And that's when we get the great leap forward,' he said.
