L&T Energy Greentech plans to invest nearly Rs 80,000 crore to build its mega green hydrogen and green ammonia plants at Kandla and Paradip ports. It will soon tap the export market, starting with the Middle East, for its Made-In-India electrolysers, CEO Derek M Shah told Moneycontrol.
According to an official release, the development on this land will primarily comprise premium plotted residential units and will offer an estimated saleable area of around 9.5 lakh square feet.
The company in a statement on June 30 said that its Panipat project will be fourth residential plotted township in North India
The company floated a revised tender in March for the facility, which is to come up in Panipat, after the first one was quashed over allegations that the norms were tailored for a joint venture that included IOCL
The court noted that the RRTS project is very important to curb air pollution in the national capital. Justice Sanjay Kishan Kaul also took note of the fact that the advertising budget of the Delhi government for the last three years was Rs. 1100 crore and it is Rs. 550 crore for this year alone.
The company claimed that out of 900 plots, as many as 436 plots have already been sold, with overall sales value of Rs 250 crore. The RERA license for phase-I has been achieved for 50 acres.
The company says setting up a green hydrogen unit at Panipat is more economical. “At present, IOC is setting up a 7 KTA green hydrogen plant and associated facilities in Panipat, and there is no plan to set up such facilities in Mathura,” it said. This marks a departure from the oil refiner’s original plan.
Gurugram-based M3M India promoter Pankaj Bansal said the company will invest a total of Rs 2,700 crore, including land and construction costs, to develop this township project and expects a sales revenue of Rs 5,000 crore.
The dedication of the plant is part of a long series of steps taken by the government over the years to boost the production and usage of biofuels in the country, a statement issued by the Prime Minister's Office (PMO) said.
The rescue operation went downhill after the leopard charged at the assembled men and began attacking them
Neeraj Chopra, according to reports, was taken to a hospital after he complained of ill health at a felicitation ceremony organised in Panipat.
Panipat police said on Friday a case has been lodged on the complaint of district drug controller.
India, the world's third biggest oil importer and consumer, aims to expand its 5 million bpd refining capacity by 60 percent to meet rising local demand as Prime Minister Narendra Modi seeks to boost the manufacturing sector.
It had seemed that Badla would take Rs 3-4 crore opening at best. However, the film started exceeding expectations from the very first day and then never looked back.
The refiner will shut a 150,000 bpd crude unit. It will also shut a sulfur recovery unit, hydrocracker, diesel hydrotreater, and coker among others for planned maintenance.
Refinery units were not hit by fire, and the 300,000 barrel per day refinery and naphtha cracker were operating at full capacity, the spokesman added.
The blast took place in the 'Naphtha Cracker' plant of the oil major at around 2:30 PM.
A total of nearly Rs 12,857 crore of external development charges (EDC) were outstanding against builders in Haryana, as on December 31, 2016, with Gurugram and Faridabad accounting for the bulk of the unpaid R
Sheelu Juneja, a homemaker and wife of a senior-level professional, working with an international non-governmental organisation (NGO) in the National Capital Region, recently finalised a ready-to-move-in, 1,400 sq ft apartment, in a group housing R
Also, an ethanol plant would be set up at a cost of Rs 500 crore by the Indian Oil Corporation in Panipat to generate alternative fuel from agricultural residue which would boost agriculture sector, the Petroleum Minister said.
The Board of IOC in its meeting on Thursday approved expansion of Barauni refinery from 6 million tonnes per annum (MTPA) to 9 MTPA.
Haryana will become kerosene-free from April 1 next year, while eight of the state's 21 districts will get the status on November 1 this year, an official spokesperson said today.
Indian Oil Corporation Ltd (IOCL) has proposed setting up of Styrene and Ethylene recovery units in the existing Panipat Naphtha Cracker Complex (PNCC) at a cost of Rs 593 crore.
The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Narendra Modi, gave approval for development of the eight-laning of Mukarba Chowk to Panipat section of National Highway 1 in Delhi and Haryana.
CLSA maintains buy rating on the stock with a revised target price of Rs 9,500 apiece. The brokerage believes a small acquisition (JPA grinding unit) and on-going expansions are set to raise Shree‘s capacity to 24 million tonnes (MT) in next 2-3 years (versus current 15 MT) making it one of the fastest growing firms in the industry.