Latest news with #CBG
Indian Express
an hour ago
- Business
- Indian Express
Mayor Jeeti Sidhu urges govt to approve bio-gas plant at Samgauli to tackle waste crisis
Mayor Amarjeet Singh Jeeti Sidhu has written to the Punjab government seeking immediate approval for setting up a Compressed Bio-Gas (CBG) plant at Samgauli village, aimed at addressing the growing waste management crisis in SAS Nagar (Mohali). In letters addressed to Punjab Chief Minister Bhagwant Mann, Tejveer Singh (Secretary, Local Government Department), and Deepti Uppal (Secretary, PMIDC), the mayor emphasised the urgency of clearing the path for this critical project. 'Several tonnes of domestic and commercial waste are being generated daily in Mohali, creating a serious challenge. With the closure of the city's dumping ground following High Court orders, all waste is now piling up at RMC (resource management centre) points, crippling the sanitation system and posing a major public health risk,' he said. Mayor Sidhu pointed out that although a contract for waste processing was awarded to a Panchkula-based company, the increasing volume of waste has overwhelmed the firm's capacity, leading to delays in timely processing. To offer a long-term solution, the Municipal Corporation has identified 50 acres of land at Samgauli for setting up the proposed CBG plant. He said, 'PMIDC has already been appointed as the nodal agency for this project. The only hurdle now is the pending approval from the Local Government Department.' Sidhu appealed for swift clearance to kickstart the project, which, he asserted, would reduce the city's mounting garbage issue and also contribute to sustainable energy generation.
Bangkok Post
6 hours ago
- Business
- Bangkok Post
Rising border tensions weigh on investor sentiment
Escalating tensions along the Thai-Cambodian border are affecting investor sentiment and threatening several key business sectors, especially beverages, tourism, retail oil and exports, according to Daol Securities (Thailand). Mongkol Puangpetra, executive vice-president for strategy research at Daol, issued a cautious investment outlook, highlighting specific downside risks for companies with significant exposure to Cambodia. The firm singled out Samart Aviation Solutions (SAV) and Carabao Group (CBG) as the most vulnerable in this climate. SAV, which derives all of its revenue from its air traffic control concessions in Cambodia (valid through 2051), is viewed as highly sensitive to any deterioration in Thai-Cambodian relations. Daol recommends postponing investments in SAV until the situation stabilises, citing heightened geopolitical risk. Meanwhile, CBG, a major energy drinks producer, earns roughly 13% of its revenue from Cambodia, where it commands a market share of more than 50%. The company has a three-month inventory buffer and has shifted to sea freight to mitigate risk, though shipments now take 3-4 days longer than land transport. Despite the tension, Cambodian distributors report stable sales and consumption levels. However, should exports halt between July and December, CBG could face a 340-million-baht loss in net profit, equal to around 10% of its earnings. The brokerage believes this downside is largely priced in, and maintains its full-year profit forecast for CBG at 3.3 billion baht. Meanwhile, CBG's new factory in Cambodia is still slated to open on Dec 1. Other beverage firms such as Osotspa (OSP) have only limited exposure, with Cambodian exports accounting for just 1% of revenue. According to Daol, retail operators have reported minimal risk from border unrest. Siam Global House (GLOBAL), which operates two stores in Cambodia through a 55%-owned joint venture, earns less than 2% of its revenue from the Cambodian market, while CP Axtra (CPAXT) operates three stores in Phnom Penh and Siem Reap, contributing less than 1% of revenue. CP All, the local operator of 7-Eleven, has 112 stores in Cambodia, but the revenue impact remains less than 1%, noted the brokerage. For the retail oil sector, PTT Oil and Retail (OR), which has a significant presence with 186 petrol stations and 71 convenience stores in Cambodia, has reported no operational disruptions so far. Likewise, the food sector reported minimal impact, with Thai Union Group (TU) reporting just 0.01% of revenue from Cambodian exports, and GFPT Plc, which relies on Cambodian labour for 20% of its workforce through third-party agencies, reporting no repatriation requests or labour disruptions. According to Daol, Thai construction firms appear insulated from immediate fallout. CH Karnchang (CK) has no direct Cambodian labour, while Stecon Group (STECON) and SEAFCO Plc report 5% and fewer than 10% of its workforce as being Cambodian, respectively. All these firms have confirmed that their operations are functioning normally at present. However, the border conflict may discourage travellers, with the brokerage warning that escalating tensions could negatively affect inbound tourism. Several countries have issued travel advisories, cautioning against travel to areas near the border.
New Indian Express
12 hours ago
- Business
- New Indian Express
Expedite setting up of Reliance CBG plants: AP energy minister
VIJAYAWADA: Energy Minister Gottipati Ravi Kumar directed Reliance representatives to coordinate with the Energy Department to ensure the swift and efficient construction of Compressed Biogas (CBG) plants in Andhra Pradesh. Gottipati said that the establishment of CBG plants in the State would not only benefit local farmers but also create employment and livelihood opportunities for educated youth, encouraging people to voluntarily come forward to support the setting up of these plants. A high-level meeting was held under the chairmanship of Energy Minister Gottipati Ravi Kumar at the Secretariat on Thursday to review the progress of Reliance's green energy investments in the State. During the review meeting, Gottipati instructed that the officials to expedite setting up of Reliance CBG plants and said that a review would be conducted once every 15 days. He stated that the plants at Vayumadugu and PC Palli are scheduled to be completed and commissioned by March 2026. In addition to Prakasam district, CBG plants are also being established in select constituencies of Sri Sathya Sai, Nandyal, and Anantapur districts. In the next phase, plants will be set up in the Kandukur, Atmakur, and Udayagiri areas of Nellore district. Reliance representatives expressed satisfaction with the full cooperation extended by the State government. They said that the CBG plants would provide support to local farmers and create employment opportunities for local youth across the State. On the occasion, Gottipati instructed the concerned line agencies to extend all necessary support to fast-track land allotments, resolve inter-departmental issues promptly, and coordinate closely with Reliance teams at the district level. He emphasised that this mega green energy initiative holds great potential for rural development, job creation, and industrial growth. He responded positively to Reliance on the support required from the State government. Reliance representatives said that the organisation has already invested over `1,000 crore in the last 18 months for the establishment of eight CBG plants.
Hans India
17 hours ago
- Business
- Hans India
Energy minister pushes for faster green projects
Vijayawada: Energy minister Gottipati Ravi Kumar has urged Reliance Industries Limited (RIL) to collaborate closely with the State Energy Department to accelerate the construction of Compressed Biogas (CBG) plants across Andhra Pradesh. The Minister emphasised that these green energy initiatives will greatly benefit local farmers and create significant employment opportunities for young people, fostering public support for their establishment. The directive came during a high-level meeting on Thursday at the Secretariat, where progress on Reliance's green energy investments in the state was reviewed. Minister Gottipati Ravi Kumar chaired the meeting, which included Special Chief Secretary Energy K. Vijayanand, JMD APTRANSCO Kirthi Chekuri, MD NREDCAP M Kamalakar Babu, and senior RIL officials. The Minister specifically called for the expedited setup of Reliance CBG plants and announced bi-weekly reviews. He noted that CBG plants in Vayumadugu and PC Palli are expected to be completed and commissioned by March 2026. Beyond Prakasam district, CBG plants are also being established in select constituencies of Sri Sathya Sai, Nandyal, and Anantapur districts. The next phase will include plants in Kandukur, Atmakur, and Udayagiri areas of Nellore district. Reliance representatives expressed satisfaction with the state government's full cooperation, noting that the CBG plants would provide crucial support to local farmers and create diverse employment opportunities. Minister Gottipati Ravi Kumar instructed the Energy Department and relevant agencies to provide all necessary support, including fast-tracking land allotments, resolving inter-departmental issues promptly, and coordinating closely with Reliance teams at the district level.
Time of India
17-07-2025
- Business
- Time of India
Clean sweep: Kochi leads Kerala, ranks 50th nationally
Kochi: Kochi has been adjudged the cleanest city in Kerala, marking a major turnaround in its sanitation efforts. Almost a decade after earning a top spot in the Swachh Survekshan national rankings, the city has once again emerged among the cleaner cities in the country, securing the 50th position in the latest 2024-25 rankings. Tired of too many ads? go ad free now When the rankings were introduced in 2015-16, Kochi stood at 5th place, though only 20 cities were evaluated at the time. As more cities were included in the list in 2016-17, Kochi's rank slipped to 55th and continued to decline, reaching a low of 416th in the most recent previous survey. The city's improved performance is attributed to enhanced waste management efforts, especially at the Brahmapuram solid waste treatment plant, where biomining is in its final stages. Proper waste removal and treatment have played a key role in the city's comeback. In this year's survey, Kochi was ranked 50th nationally in the 'Big Cities: 3–10 Lakh Population' category. Rankings were determined through citizen feedback, evaluation of waste treatment infrastructure and direct field inspections. These covered cleanliness, urban beautification, organic and inorganic waste management and wastewater treatment. "For the first time since the launch of Swachh Survekshan, a city from Kerala has reached the top 50 nationally," said mayor M Anilkumar. "This is a significant achievement, but we must remember that 49 cities are still ahead of us. Our goal is to reach the top, and with the full operation of the CBG plant at Brahmapuram, we can make greater strides." However, despite this progress, Kochi is the only municipal corporation in Kerala yet to be declared a 'clean city' under the Malinya Muktha Nava Kerala project launched by the state govt. Tired of too many ads? go ad free now This puts a question mark on the achievements of clean city Kochi. "While we rank highest in the state and have improved nationally, we still haven't been officially declared a 'clean city'. All other corporations and municipalities in Kerala have achieved this status," said MG Aristotle, secretary of the UDF parliamentary party in the Kochi Corporation. "This clearly shows Kochi still has work to do."
