Day: 16 June 2023

Ensures 164.84 MT Coal Dispatch to Power Sector, growth of 5.11%

Vijay Raman

In line with the vision of ‘Aatmanirbhar Bharat’, the Ministry of Coal is focused on ensuring the energy security of the Nation. The Ministry of Coal is actively working towards enhancing coal production and supply efficient transportation of coal to all the stakeholders.   The overall coal stock position i.e., at Mines, TPPs and transit, as on 13th June .2023, reached 110.58 Million Tonne (MT), indicating a substantial increase of 44.22% as compared to the stock of 76.67 MT last year. This higher coal stock position indicates commitment of maintaining…

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MoD signs Rs 500 crore contract to strengthen Indian Army’s communication system

Vijay Raman

  Giving a further boost to indigenous manufacturing of defence equipment and incentivize the private sector to engage in realizing the vision of Aatmanirbhar Bharat, Ministry of Defence inked a contract on June 15, 2023 in New Delhi with ICOMM Tele Limited, Hyderabad for the procurement of 1,035 numbers of 5/7.5 Ton Radio Relay Communication equipment containers. The value of the contract under Buy (Indian) Category is nearly Rs 500 crore. The delivery of the containers is scheduled to commence from the current Financial Year 2023-24.   The Radio Relay…

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Gabon’s first agri-SEZ project gets green signal

Vijay Raman

Union Minister of Education and Skill Development and Entrepreneurship Shri Dharmendra Pradhan today flagged off Gabon’s first Agri- SEZ project from New Delhi. The project will be implemented by AOM group with Centurion University as the technical and knowledge partner. In the first phase of the program, 30 farmers and 20 B.Sc./M.Sc. Agri and B.Tech/M.Tech Engineering students from Gajapati district, which is an Aspirational district of Odisha, will be travelling together as agri-technical and technical consultants for the agriculture SEZ which is being developed under this project.     Speaking…

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Rs. 2000 Note Withdrawal – Not a Housing Deal-breaker

Vijay Raman

 Akash Pharande, Managing Director – Pharande Spaces The Reserve Bank of India’s decision to withdraw Rs 2,000 currency notes from circulation has raised questions about its potential impact on the housing sector. Some believe that the move may lead to a rise in land deals and resale housing transactions with cash components, at least in the short-term while the shock lasts. Others argue the impact will be minimal, especially on the primary housing sales market. The biggest doom-sayers remind us of the impact of the government’s demonetization of the then-existing…

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Launch of the fourth ship ‘Shondhak’ of the vessel (large) project

Vijay Raman

Sanshodhak’, the fourth of four ships of Survey Vessels (Large) (SVL) Project, being built by L&T/ GRSE for Indian Navy was launched on 13 Jun 23 at Kattupalli, Chennai. The chief guest of the Launch Ceremony was VAdm Adhir Arora, Chief Hydrographer to Government of India. In keeping with the Naval maritime tradition, Smt Tanvi Arora launched the ship to the chanting of invocation from Atharva Veda. The ship named ‘Sanshodhak’, meaning ‘Researcher’, signifies the primary role of the ship as a Survey Vessel.   The contract for building four…

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ASW SWC (GRSE)’s third ship ‘Anjadeep’ launched

Vijay Raman

Anjadip’, the 3rd of eight ships of ASW Shallow Water Craft (SWC) Project being built by M/s GRSE for Indian Navy, was launched on 13 Jun 23 at M/s L&T, Kattupalli. The Launch Ceremony was presided over by VAdm R B Pandit, C-in-C (SFC). In keeping with the naval maritime tradition, Smt Priya Pandit launched the ship to the chanting of invocation from Atharva Veda. The ship has been named Anjadip to signify the strategic maritime importance accorded to the island of Anjadip, located off Karwar. The island is connected…

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