Latest news with #SudheerPalSingh
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Business Standard
5 hours ago
- Business
- Business Standard
An immediate and big discovery is the need of the hour: OIL Chairman
This is a flagship initiative being launched by the Government of India under the aegis of the Ministry of Petroleum and Natural Gas (MoPNG) Sudheer Pal Singh New Delhi Listen to This Article The National Deepwater Mission will be a game changer for the oil & gas exploration and production (E&P) space, helping bring mega investments, Ranjit Rath, chairman and managing director of state-run explorer Oil India Ltd (OIL) told Business Standard in an exclusive interview. The company has already started working on a ₹2,500 crore deepwater campaign in Andaman basin, he said. Edited excerpts… Prime Minister Narendra Modi has announced the launch of a National Deepwater Mission in his Independence Day speech. What is the larger strategy? This is a flagship initiative being launched by the government under the aegis of ministry
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Business Standard
a day ago
- Business
- Business Standard
India hits 100 GW solar manufacturing milestone, boosting self-reliance
India's solar manufacturing capacity has jumped from 2.3 GW in 2014 to 100 GW, driven by policy support, PLI incentives and a push for Atmanirbhar Bharat in renewable energy Sudheer Pal Singh New Delhi Listen to This Article In a little over ten years, India's domestic solar equipment manufacturing capacity has surged from 2.3 gigawatt (GW) in 2014 to 100 GW. The historic expansion, in a sector traditionally dominated by cheaper Chinese imports, marks the coming of scale for the Indian solar industry, experts say. Union Minister of New and Renewable Energy Pralhad Joshi described the achievement as a historic milestone. 'Driven by the visionary leadership of Prime Minister Shri Narendra Modi and transformative initiatives like the Production Linked Incentive (PLI) Scheme for High-Efficiency Solar Modules, we are building a robust, self-reliant solar manufacturing ecosystem. This achievement strengthens
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Business Standard
4 days ago
- Business
- Business Standard
MMDR Bill proposes mine expansion, relief on critical mineral charges
Bill allows easier lease expansion for deep-seated minerals, waives charges for critical minerals, removes captive sale cap, and sets up mineral exchanges to boost mining output Saket Kumar Sudheer Pal Singh New Delhi Listen to This Article The Union government on Monday introduced the Mines and Minerals (Development and Regulation) Amendment Bill, 2025 in the Lok Sabha, with provisions aimed at boosting domestic mining output. Key changes include easier expansion into contiguous areas for deep-seated minerals and exemption from additional charges for critical and strategic minerals when found within an existing lease. Under the proposed amendments, holders of mining leases for deep-seated minerals will be allowed a one-time expansion of their lease area by up to 10 per cent to cover contiguous zones that would otherwise be uneconomical to mine separately. For composite licence holders, this limit
