Gujarat Gas News

What is the Mangrove Alliance for Climate, which India joined at COP27?
The Indian Express | 2 weeks ago | |
The Indian Express
2 weeks ago | |

At the 27th Session of Conference of Parties (COP27), this year’s UN climate summit, the Mangrove Alliance for Climate (MAC) was launched with India as a partner on Tuesday (November 8). The move, in line with India’s goal to increase its carbon sink, will see New Delhi collaborating with Sri Lanka, Indonesia and other countries to preserve and restore the mangrove forests in the region.Attending the event in Sharm El-Sheikh, Egypt on Tuesday, Union Minister for Environment Forest and Climate Change Bhupender Yadav said that India is home to one of the largest remaining areas of mangroves in the world — the Sundarbans — and has years of expertise in restoration of mangrove cover that can be used to aid global measures in this direction.Addressed the Mangrove Alliance for Climate Launch on the sidelines of COP27.Stated that to sustain the blue economy, it is imperative to ensure sustainability of coastal habitats, particularly mangroves for tropical nations, at the local, regional, and international levels. pic.twitter.com/oF4aU7dsPZ— Bhupender Yadav (@byadavbjp) November 8, 2022The MACAn initiative led by the United Arab Emirates (UAE) and Indonesia, the Mangrove Alliance for Climate (MAC) includes India, Sri Lanka, Australia, Japan, and Spain. It seeks to educate and spread awareness worldwide on the role of mangroves in curbing global warming and its potential as a solution for climate change.Mariam bint Mohammed Almheiri, UAE’s Minister of Climate Change and the Environment, while launching the alliance, said that her country intends to plant 3 million mangroves in the next two months, in keeping with UAE’s COP26 pledge of planting 100 million mangroves by 2030.“Increasing reliance on nature-based solutions is an integral element of the UAE’s climate action on the domestic as well as international level, therefore, we seek to expand our mangrove cover,” she said, as per a report in Dubai-based news channel Al Arabiya. “We are pleased to launch MAC jointly with Indonesia, and believe it will go a long way in driving collective climate action and rehabilitating blue carbon ecosystems,” she added.At #COP27, we announced the launch of the Mangrove Alliance for Climate (MAC) in partnership with Indonesia 🇮🇩. MAC seeks to scale up and accelerate the conservation and restoration of #mangrove ecosystems for the benefit of communities worldwide 🌳. pic.twitter.com/NWlDTU8TuU— Mariam bint Mohammed Almheiri (@mariammalmheiri) November 9, 2022However, the intergovernmental alliance works on a voluntary basis which means that there are no real checks and balances to hold members accountable. Instead, the parties will decide their own commitments and deadlines regarding planting and restoring mangroves. The members will also share expertise and support each other in researching, managing and protecting coastal areas.The significance of mangrovesMangroves have been the focus of conservationists for years and it is difficult to overstate their importance in the global climate context. Mangrove forests — consisting of trees and shrub thatlive in intertidal water in coastal areas — host diverse marine life. They also support a rich food web, with molluscs and algae-filled substrate acting as a breeding ground for small fish, mud crabs and shrimps, thus providing a livelihood to local artisanal fishers.Equally importantly, they act as effective carbon stores, holding up to four times the amount of carbon as other forested ecosystems. Mangrove forests capture vast amounts of carbon dioxide from the atmosphere and their preservation can both aid in removal of carbon from the atmosphere and prevent the release of the same upon their destruction.The current state of the mangroves South Asia houses some of the most extensive areas of mangroves globally, while Indonesia hosts one-fifth of the overall amount.India holds around 3 percent of South Asia’s mangrove population. Besides the Sundarbans in West Bengal, the Andamans region, the Kachchh and Jamnagar areas in Gujarat too have substantial mangrove cover.However, infrastructure projects — industrial expansion and building of roads and railways, and natural processes — shifting coastlines, coastal erosion and storms, have resulted in a significant decrease in mangrove habitats.Between 2010 and 2020, around 600 sq km of mangroves were lost of which more than 62% was due to direct human impacts, the Global Mangrove Alliance said in its 2022 report.India at COPUnlike other world leaders — US President Joe Biden and UK Prime Minister Rishi Sunak — Prime Minister Narendra Modi has skipped this edition of the conference, with Union Minister Bhupender Yadav representing India instead.Yadav has said that India’s focus currently is on concessional and climate-specific grants to drive climate finance, and has teamed up with Brazil, South Africa and China (the BASIC bloc) to negotiate agreements.Demands by various negotiating blocsAs seen in the previous sessions of the climate conference, building consensus among the 190+ countries who are members of the UN Framework Convention on Climate Change (UNFCCC) is a tough task. China, for instance, has ramped up the use of coal amidst energy security risks and rising tensions with Taiwan. Its deteriorating relationship with the US, the second-biggest emitter of greenhouse gas behind Beijing, has further complicated possibilities of negotiations.The European Union, which negotiates as a single entity for its 27 members, is at the lower end of the spectrum of gas emitters, but is under pressure to ease its resistance to its staunch positionagainst the issue of ‘loss and damage’, which calls for rich and developed countries to compensate poorer, developing countries who are disproportionately affected by the effects of climate change.G77 and China is the largest intergovernmental organisation of developing countries in the UN. Pakistan, which currently chairs the group and faced devastating floods this year, will lead the group in its demand for a dedicated fund for compensation from wealthy countries, Reuters reported. The Climate Vulnerable Forum, which represents 58 countries that are disproportionately affected by the consequences of climate change such as Bangladesh and Maldives, reportedly demands a dedicated fund in which rich polluting nations help bear the costs of “loss and damage”.

What is the Mangrove Alliance for Climate, which India joined at COP27?
  • Mangroves best option to fight climate change consequences: India
  • The Indian Express

    India has demonstrated expertise in mangrove restoration for nearly five decades and can contribute to the global knowledge base due to its extensive experience, Union Environment Minister Bhupender Yadav said Monday at the launch of the “Mangrove Alliance for Climate”.He said mangroves were the best option to fight the consequences of climate change and can help countries meet their nationally determined contributions. NDCs are national plans to limit global temperature rise to well below two degrees Celsius, preferably to 1.5 degrees Celsius.The UAE and Indonesia launched the alliance on the sidelines of the UN climate summit COP27, being held in Sharm El Sheikh in Egypt from November 6 to 18. The alliance aims to strengthen conservation and restoration of mangrove ecosystems worldwide. India, Australia, Japan, Spain and Sri Lanka have joined it as partners.With notable adaptive features, mangroves are natural armed forces of tropical and subtropical nations. They are the best option to fight against consequences of climate change such as sea level rise and increasing frequency of natural calamities like cyclones and storm surges, Yadav said.Creating a new carbon sink from mangrove afforestation and reducing emissions from mangrove deforestation are two feasible ways for countries to meet their NDC targets and achieve carbon neutrality, he said.“The integration of mangroves into the national programmes for reducing emissions from deforestation and forest degradation is the need of the hour. India can contribute to the global knowledge base due to its extensive experience in mangrove restoration, studies on ecosystem valuation and carbon sequestration,” Yadav said.India has demonstrated expertise in mangrove restoration activities for nearly five decades and restored different types of mangrove ecosystems both on its east and west coasts, he said, adding there has been a significant increase in the mangrove cover in India in the Andaman, Sundarbans and the Gujarat regions.As part of its NDCs, India has committed to creating an additional carbon sink of 2.5 to 3 billion tonnes of CO2 equivalent through additional forest and tree cover by 2030.“We see the tremendous potential mangroves have for mitigation of growing greenhouse gases concentration in the atmosphere. Studies have shown that mangrove forests can absorb four to five times more carbon emissions than landed tropical forests,” Yadav said.Mangroves are distributed in the tropical and sub-tropical region of the world and are found in 123 countries.They are among the most carbon-rich forests in the tropics and account for three per cent of carbon sequestered by the world’s tropical forests.“Mangroves are the economic foundations of many tropical coastal regions. To sustain the blue economy, it is imperative to ensure the sustainability of coastal habitats, particularly mangroves for tropical nations, at the local, regional, and international levels,” Yadav said.As part of this alliance, an international mangrove research centre will be established in Indonesia which will conduct studies on mangrove ecosystem services such as carbon sequestration and ecotourism.Mangrove trees can grow in saline waters, and can sequester up to four times more carbon than tropical rainforests. Eighty per cent of the global fish populations depend on mangrove ecosystems.At this year’s climate summit, developed countries are expected to push developing nations to further intensify their climate plans.On the other hand, the developing countries would seek a commitment from the developed nations for finance and technology that are needed to address climate change and the resulting disasters.Yadav had on Sunday said India expects action from rich countries in terms of climate finance, technology transfer and strengthening the capacity of poor and developing countries to combat climate change.“India believes COP27, themed ‘Together for Implementation’, should turn out to be the ‘COP for Action’ in terms of climate finance, technology transfer and capacity building.“The scale of the problem facing the world is huge. Action cannot be delayed and hence, concrete solutions must come up and implementation must start with COP27,” the environment minister had said.The UN climate summit this year is being held in the shadow of the Russian aggression in Ukraine and the related energy crisis, which has strained the capabilities of countries to urgently tackle climate change.

Gujarat companies’ stocks shine despite pressure on markets
Times of India | 1 month ago | |
Times of India
1 month ago | |

AHMEDABAD: Despite challenges on the global front and inflationary pressures, companies based in Gujarat have done well on the stock market, giving returns of up to 200% since Diwali last year. A number of large, mid and small cap companies based in Gujarat have given positive returns, while some leading companies have failed to do so. Gujarat-based Adani Group continues to outperform the broader markets. Adani Wilmar has given almost 200% returns since its debut on the exchange while Adani Total Gas and Adani Enterprises also gave returns of more than 100% in a year. In the small and mid cap group, the stock of Ahmedabad-based stock broking and financial services firm Monarch Networth Capital has rallied by 170%, denim manufacturer Jindal Worldwide has risen by 107% and the stock price of Gujarat Flourochem has increased by 101% since last Diwali. Meghmani Finechem, Ganesh Housing Corporation and GNFC also gave returns of more than 50% in the last year. However, companies such as Symphony, Bodal Chemicals, Gujarat Gas, Alembic Pharma and Astral have given negative returns in the last year. Vaibhav Shah, director of a stock broking and financial services company said, "Many negative factors affected the markets such as rising inflation and interest rates, the Russia- Ukraine war, high crude oil prices, the dollar index going up by 20% and 10% depreciation of the Indian rupee against dollar and FIIs selling of $28 billion. However, the Indian markets have been relatively resilient, remaining more or less flat (-2%) since last Diwali. The Nifty small cap 100 and Nifty mid cap 100 indexes have given -13% and -2% returns, respectively, in this period. Of Gujarat-based companies, 19 (73%) of the 26 major companies have given strong returns." Gunjan Choksi, founder of a city-based stock broking firm said, "Certain Gujarat-based companies rewarded investors with wonderful returns at a time when the world markets traded up to 40% down from their yearly highs during the last samvat. Most Gujarat-based corporates understand changes to their business after Covid and are ready to capitalize on changed times and leave their footprint on the global map. Some chemical companies are preparing large capex plans and we may see them tripling in size in next five years. Gujarat, with its mature politico-economic environment is going to gain prominent place on the global map in the next decade." Aasif Hirani, director of a stock broking firm said, "India's outperformance against developed markets is expected to continue in Samvat 2079 despite high valuations. The support of domestic institutional investors will continue to compensate for FII selling. This Q2, corporate earnings are in line with optimistic expectations. Macro-economics and earnings fundamentals will continue to justify higher valuation of our indices against peers with Nifty expected to trade in the range 16,600-18,300 range for Samvat 2079."

Gujarat companies’ stocks shine despite pressure on markets
UN Chief Visits India's First Solar-Powered Village In Gujarat
Ndtv | 1 month ago | |
Ndtv
1 month ago | |

Villagers told him that they were saving on energy billsModhera: United Nations Secretary General Antonio Guterres on Thursday said the people of Modhera, India's first solar-powered village, are setting an example of "reconciliation between humankind and planet".While the village in Gujarat's Mehsana district has a centuries-old Sun temple, a new kind of Sun temple has come up there now, he said.Guterres, on a three-day visit to India since Wednesday, visited the village, its 11th century Sun temple, and interacted with some of its 1,300-odd families who have set up solar electricity generation panels in their houses.Villagers told him that they were saving on energy bills and were happy to use clean energy that benefits the environment.The residents of Modhera were "the soldiers of the first line" in the battle to save the earth, the UN chief said."What is amazing and (for) what we must thank in a very emotional way these people of this village and also the government of Gujarat and government of India is that here is reconciliation between humankind and the planet," he said."Here where the temple of Sun was built a thousand of years ago, a new temple of Sun is based on solar energy," Guterres said.Solar energy is transforming the lives of the local people, making them more healthy, giving them more prosperity and at the same time contributing to the "rescue of our planet from climate change that is still driving without control," he said.The ancestors of these villagers recognised that the Sun was the source of all energy, the UN chief said.But a thousand years later, we live in a world where we use energy from coal, gas and oil, and the burning of coal makes the Sun "angry" which makes the planet warmer and causes floods, he said."When I was a boy, there used to be rain for a given number of months. Now in many parts of the world there is no longer rain, there is drought and then storms and floods...no normal rain," said 73-year-old Guterres who was born in Portugal.Referring to a woman from the village who switched from coal to solar power, Guterres said she is "making peace with the Sun, and peace with nature." India is moving ahead fast in solar power generation but "some people don't like it, they are using huge amounts of money from oil and gas," he said."But we need to go on doing what you did. One thousand years ago people recognised that the Sun was the origin of our energies, one thousand years later you are making the Sun again the origin of all energies," he said.PromotedListen to the latest songs, only on JioSaavn.com(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)

UN Chief Visits India's First Solar-Powered Village In Gujarat
Gujarat: VAT on CNG, PNG cut by two-thirds
Times of India | 1 month ago | |
Times of India
1 month ago | |

AHMEDABAD: Just ahead of the assembly elections, the state government on Monday announced a 10 percentage point reduction in value-added tax (VAT) on compressed natural gas (CNG) and piped natural gas (PNG). The state government reduced VAT from 15% on CNG and PNG to 5%. Currently, the price of CNG is Rs 86.9 per kg. Revised prices are expected to be effective from midnight. State government spokesman and cabinet minister Jitu Vaghani said, "The 10 percentage point reduction in VAT on CNG will result in the price being Rs 6-7 lower per kg. Similarly, PNG customers will pay Rs 5-5.5 less per kg. The announcement will be a Diwali gift from the state government." Late on Monday, Gujarat Gas Ltd, announced the price revision according to which CNG retail selling price will Rs 75.02 per kg. Industrial units, especially those using natural gas, heaved a sigh of relief, as they were battling hefty cost pressures due to high energy costs. "Rising energy costs were a major challenge for the ceramics, chemicals and textile sectors where boilers operate on natural gas. The reduction in prices will come as a huge relief to industrial customers and their export competitiveness will increase with reduced production costs due to cheaper natural gas," said the head of an industry body in Gujarat. Jitu Vaghani further added that two cooking gas cylinders will be given free every year to 38 lakh beneficiaries who have got gas connections under the Centre's Ujjwala scheme. "Around 38 lakh families have been given LPG connections under the Ujjwala scheme. The state government has decided to provide two gas cylinders to each of these families per year. This will cost the government Rs 650 crore per year," he said. "This LPG subsidy will reach the account of the beneficiary within three days of purchase of cylinder," he said.

Gujarat: VAT on CNG, PNG cut by two-thirds
  • Gujarat Cuts VAT On CNG, Piped Cooking Gas Prices By 10% Ahead Of Polls
  • Ndtv

    The Gujarat government has reduced VAT on CNG and PNG by 10 per cent ahead of assembly polls.Gandhinagar: Ahead of Diwali, the Gujarat government on Monday announced a reduction in VAT (Value Added Tax) on CNG and PNG by 10 per cent and said two cooking gas cylinders will be given free every year to 38 lakh beneficiaries who have got gas connections under the Centre's Ujjwala scheme.The reduction in VAT on CNG (compressed natural gas), PNG (piped natural gas) and two free liquefied petroleum gas (LPG) cylinders to Ujjwala scheme beneficiaries every year, which will cost the state exchequer altogether Rs 1,650 crore, come at a time when Assembly polls are just a few month away in Gujarat."Our government has reduced VAT on CNG and PNG by 10 per cent. This will help homemaker women, auto-rickshaw drivers and all those who are using CNG-run vehicles," state minister Jitu Vaghani said.VAT on CNG and PNG (used by households in kitchens) in Gujarat was 15 per cent and now the tax rate will come down to five per cent, industry sources said.This will reduce CNG prices by Rs 6 per kg and PNG rates by Rs 5 per standard cubic metre, he said, adding the state government will lose over Rs 1,000 crore in revenue with this tax cut."Around 38 lakh families have been given LPG connections under the Ujjwala scheme. The state government has decided to provide two gas cylinders to each of these families per year. This will cost the government Rs 650 crore per year," he said.PromotedListen to the latest songs, only on JioSaavn.com"This LPG subsidy will reach the account of the beneficiary within three days of purchase of the cylinder," he said.(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)

Gujarat govt announces 2 free cylinders under PMUY, 38 lakh households to benefit
The Indian Express | 1 month ago | |
The Indian Express
1 month ago | |

The Gujarat government Monday announced plans to provide two domestic cylinders to around 38 lakh gas connection holders covered under the Pradhan Mantri Ujjwala Yojana (PMUY) in the state free of cost. It also announced reducing Value Added Tax (VAT) on Piped Natural Gas (PNG) and Compressed Natural Gas (CNG) by 10 per cent.The twin decisions are likely to provide financial benefits worth Rs 1,650 crore to the poor and middle-class families in the state, stated government spokesperson and senior minister Jitu Vaghani and Finance Minister Kanu Desai.An official release stated that the move to provide two free cylinders per year will bring in a financial relief of Rs 650 crore to 38 lakh families in the state that are covered under PMUY.About the reduction of 10 per cent VAT on PNG and CNG, the release stated that it will result in CNG prices dropping by around Rs 6-7 per kg and that of PNG by around Rs 5 to Rs 5.50 per cubic metre. There are more than 14 lakh CNG vehicle owners, including nearly 4.50 lakh auto-rickshaw owners, in the state.

Gujarat govt announces 2 free cylinders under PMUY, 38 lakh households to benefit
  • Gujarat govt to give two free LPG cylinders to Ujjwala beneficiaries
  • Times of India

    GANDHINAGAR: The Gujarat government on Monday decided to give free LPG cylinders twice a year to beneficiaries of the Pradhan Mantri Ujjwala Yojana. The decision was announced by education minister Jitu Vaghani and finance minister Kanu Desai here. Vaghani told media persons that there are 38 lakh beneficiaries under the scheme and the decision will save Rs 650 crore for poor families. The moment a consumer gets one's cylinder refilled, immediately, the money will be transferred to the account, he said. They also announced that the state government has decided cut VAT duty on piped natural gas (PNG), and compressed natural gas (CNG) by 10 per cent. There are 24.21 lakh PNG consumers in the state and 855 CNG stations.

  • Ahead Of Polls, Gujarat Announces 2 Free LPG Cylinders A Year Per House
  • Ndtv

    Miniser Jitu Vaghani said that the citizens and housewives would get a relief of Rs 1,000 croreAhmedabad: Gujarat Education Minister Jitu Vaghani on Monday announced the state government's decision to give 2 free cylinders in a year to each household in the state.Announcing this, Mr Vaghani said that the citizens and housewives would get a relief of Rs 1,000 crore. In addition, the minister said the state government had taken the decision to give two cylinders for free in a year. He said the decision had been taken keeping in mind about 38 lakh housewives. With as much relief as Rs 650 crore decided for this scheme, a sum of up to Rs 1,700 can reach the homes or pockets of the public, the minister said.PromotedListen to the latest songs, only on JioSaavn.comThe minister had also announced 10 per cent value added tax (VAT) reduction on compressed natural gas (CNG) and piped natural gas (PNG) by the government on Monday.He said that if we consider a 10 per cent reduction in CNG, there would be a benefit of Rs 6-7 per kg. Similarly, on PNG, there is going to be a benefit of Rs 5-5.50 per kilo, the minister said. He termed this announcement of the state government as massive and also considered it as a Diwali gift by the state government. He said it would benefit the beneficiaries of Pradhan Mantri Ujwala Yojana. He added that the full amount will be credited directly to their accounts. 

Gujarat: Industry demands uniformity in gas prices, permitted fuels
Times of India | 1 month ago | |
Times of India
1 month ago | |

AHMEDABAD: Gujarat based industrial units are demanding uniformity in PNG/CNG prices, saying different prices in different areas make it difficult for units to survive in competitive markets. Ahmedabad-based industrial units say that PNG prices in Vatva are almost thrice those in Dholka. Certain industries are allowed to use coal as fuel but similar MSME units are not allowed to change fuel, and this will result in the closure of many units. The Gujarat Chamber of Commerce and Industry (GCCI) raised the issue with Hardeep Singh Puri, Union minister of petroleum and natural gas. GCCI president Pathik Patwari said, "The PNG-CNG gas price increase is breaking the back of industrial units located in city areas, which are prohibited from switching to lower-cost fuels such as coal. This may result in a huge energy shock and the closure of MSME units in urban areas, which provide large-scale employment to city dwellers." He added that within the same notified areas and the same industry, there are some who have permission to use solid fuels. This lack of uniform policy gives an undue advantage to some and prove a disadvantage to the other units. Maunal Gandhi, director of a chemicals manufacturing company in Vatva said, "The energy cost for production using PNG is double that of coal. This results in industrial units located outside the city having a huge advantage over those within notified urban areas. This disparity should be compensated for by providing VAT credits for gas and additional subsidies if required. In Dholka, the PNG price is around Rs 700 per MMBTU while in Vatva it is Rs 2,026 per MMBTU. Similar to the provisions of the Electricity Act, open access to industrial units should be provided to enable users to choose their gas provider."

Gujarat: Industry demands uniformity in gas prices, permitted fuels
Demand for dyes recovers, intermediates struggle vs China
Times of India | 1 month ago | |
Times of India
1 month ago | |

AHMEDABAD: The chemicals sector is witnessing a slow recovery in demand for dyes after one of the toughest periods for the industry. A number of units have started functioning again with increased demand from overseas and domestic markets. However, expensive gas is a concern and intermediate units are still struggling against Chinese competitors. Shailesh Patwari, chairman of Naroda Enviro Projects Ltd (NEPL) which operates the Naroda Common Effluent Treatment Plant (CETP) said that there is a slow recovery in the market and manufacturing has restarted. “Most factories will remain closed for a few days in Diwali and factories are anticipating good demand and prices after Diwali, so they have started manufacturing. Ahmedabad has some six spray dryers and about 80 tankers of effluent used to arrive every day around six months ago. This number had reduced to single digits two months ago but has now risen to ten, so there is a recovery,” Patwari said. Gujarat Chamber of Commerce and Industry (GCCI) vice-president Yogesh Parikh said, “There has been a 25% increase in demand for dyes, specially from Bangladesh and Turkey. The industry expects demand will continue to rise for two months before Christmas with a small break in production during Diwali. The unprecedented boom in cotton prices had affected demand for dyes from the textile industry and on the other hand, basic chemicals and intermediates prices rose so dye manufacturers were forced to reduce production drastically. However, now there is a recovery, and we expect production to gradually improve.” Gujarat has 3,000-odd chemical factories and most are running at low capacity. Some 200 factories across the state had to stop production due to low demand and Chinese competition. Parikh said, “Many intermediates manufacturers are still struggling because Chinese products are much cheaper. High fuel costs, especially gas prices, are hurting the industry.” Vinod Agrawal, former chairman of CII Gujarat state council said, “Demand for dyes is increasing again, and as new cotton has started arriving at market yards, we believe demand will be good in the next few months. Internationally too, demand from the textile sector will recover.”

Demand for dyes recovers, intermediates struggle vs China
ONGC Reports Gas Leak From Well In Gujarat, Ambulances On Standby
Ndtv | 1 month ago | |
Ndtv
1 month ago | |

Mehsana: Gas leaked from a well of the Oil and Natural Gas Corporation (ONGC) near a village in Gujarat's Mehsana district on Friday, an official said.While the gas is not inflammable or poisonous, people in nearby areas have complained of burning sensation in their eyes and throat, he said.The leak began around 2 am at the well located near Kasalpura village and efforts are on by the staff to control it, Mehsana District Development Officer Om Prakash said.With a population of around 850, Kasalpura is located around 1.5 km from the site, he said."Compressed air that is pumped into the well has been escaping, and the gas is not poisonous or inflammable. People have complained of mild burning sensation in eyes and throat. Wind direction is towards Kasalpura," Om Prakash told PTI.At least 40 people in three villages nearby have complained of burning sensation in eyes and throat, and the ONGC has been asked to set up gas analysers to check the nature of gas leaking from the well, he said.The district administration has set up out-patient departments in Kasalpura and two other nearby villages with doctors and ambulances and deployed fire fighters there for any eventuality, he said.PromotedListen to the latest songs, only on JioSaavn.com"We have kept the evacuation plan ready. In case anything serious happens, ambulances and buses are ready to shift people," the official added.(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)

ONGC Reports Gas Leak From Well In Gujarat, Ambulances On Standby
  • Gujarat: Gas leaks from ONGC well in Mehsana; people complain of irritation in eyes, throat
  • The Indian Express

    Gas leaked from a well of the Oil and Natural Gas Corporation (ONGC) near a village in Gujarat’s Mehsana district on Friday, an official said.While the gas is not inflammable or poisonous, people in nearby areas have complained of burning sensation in their eyes and throat, he said.The leak began around 2 am at the well located near Kasalpura village and efforts are on by the staff to control it, Mehsana District Development Officer Om Prakash said.With a population of around 850, Kasalpura is located around 1.5 km from the site, he said.“Compressed air that is pumped into the well has been escaping, and the gas is not poisonous or inflammable. People have complained of mild burning sensation in eyes and throat. Wind direction is towards Kasalpura,” Om Prakash told news agency PTI.At least 40 people in three villages nearby have complained of burning sensation in eyes and throat, and the ONGC has been asked to set up gas analysers to check the nature of gas leaking from the well, he said.The district administration has set up out-patient departments in Kasalpura and two other nearby villages with doctors and ambulances and deployed fire fighters there for any eventuality, he said.“We have kept the evacuation plan ready. In case anything serious happens, ambulances and buses are ready to shift people,” the official added.

PM Modi to lay foundation for world’s first CNG terminal in Bhavnagar on Sept 29
The Indian Express | 2 months ago | |
The Indian Express
2 months ago | |

Three years after a formal agreement was signed for setting up world’s first CNG terminal in Gujarat, Prime Minister Narendra Modi will lay the foundation stone for the project at Bhavnagar on September 29, stated an official release, Saturday.The Foresight Group had signed a Memorandum of Understanding (MoU) with the Gujarat Maritime Board (GMB) for the development of a CNG terminal in Gujarat during the Vibrant Gujarat Global Business Summit 2019. In December 2019, the Consortium submitted a project proposal to GMB for the development of CNG Terminal and other terminals at the north-side of Bhavnagar Port.The Government of Gujarat accepted the project proposal and GMB issued a Letter of Intent (LOI) in September 2020 in the name of Bhavnagar Port Infrastructure Private Limited (BPIPL), a special purpose vehicle formed by the consortium.The brownfield port at Bhavnagar will be developed at a cost of Rs 4,024 crore and will have state-of-the-art infrastructure for the world’s first CNG terminal along with the world’s fourth largest lock gate system.In addition to the CNG terminal, the port will also cater to the future needs and demands of Bhavnagar district for upcoming projects such as vehicle scrapping, container manufacturing, and Dholera Special Investment Region in particular. The port will also have ultra-modern container terminal, multipurpose terminal, and liquid terminal with direct door-step connectivity to the existing roadway and railway network connecting to the largest industrial zones, dedicated freight corridor and northern hinterland of the country.The proposed port will also result in several economic benefits and cost savings with more cargo volume handling at lesser inland distance travel. The port will help generate direct and indirect employment for up to 1,100 people and will also increase the ancillary port related services opportunities.Moreover, the CNG Import Terminal will provide an additional alternate source of energy to meet the growing demands of clean energy. The promoters have already signed an agreement for the supply of CNG and development of CNG Export Terminal with RAK Gas, Ras Al Khaimah, UAE. The supply mechanism of CNG, once operational, will be revolutionary, enabling India to tap small scale and stranded gas volumes that are yet to be utilised.The construction of the port is expected to commence in the first half of 2023 and the port will be operational in 2026.On same day, Prime Minister will also inaugurate the Regional Science Centre in Bhavnagar that is spread in 20 acres and built at a cost of Rs 100 crore. The Regional Science Centre (RSC) Bhavnagar is situated near Das Nala, Nari Gam.The Prime Minister will also inaugurate the APPL Container manufacturing unit (AAWADKRUPA PLASTOMECH PVT. LTD). After the announcement of Prime Minister’s ‘Make In India’, the Government of India had established a Container’s Manufacturing Hub at Bhavnagar. The first prototype container was manufactured in 2019.

PM Modi to lay foundation for world’s first CNG terminal in Bhavnagar on Sept 29
Model bylaws to make credit societies multi-purpose: Shah
Times of India | 2 months ago | |
Times of India
2 months ago | |

AMRELI: The Centre plans to make primary agricultural credit societies (PACS) “multi-purpose” and model bylaws for the same are ready, Union home and cooperation minister Amit Shah said on Sunday. The government also plans to form a multi-state cooperative society for seed culture and marketing as well as certification of organic products across the country, Shah said at the annual general meeting of seven cooperative institutions of Amreli district in Gujarat, where the assembly elections are due later this year. “Seva Sahkari Mandali (PACS) will be made multipurpose with facilities for marketing, godowns, making gobar (dung) gas, electricity bill collection, facility for gas distribution agencies, Nal Se Jal scheme, etc. Model bylaws are ready for this multi-purpose mandali, and it will be sent to you before September-end,” he said. “The country's PACS will be multi-purpose and profit making,” the minister said.

Model bylaws to make credit societies multi-purpose: Shah
  • Model bylaws ready to make agricultural credit societies multipurpose: Union minister Amit Shah
  • Times of India

    AMRELI: The Centre plans to make primary agricultural credit societies (PACS) "multipurpose" with facilities for marketing, godowns, making gobar (dung) gas, electricity bill collection, gas distribution agencies and Nal Se Jal scheme, and that model bylaws for the same are ready, Union Home and Cooperation Minister Amit Shah said on Sunday. The government also plans to form a multi-state cooperative society for seed culture and marketing as well as certification of organic products across the country, Shah said at the annual general meeting of seven cooperative institutions of Amreli district in Gujarat, where assembly elections are due later this year. "Seva Sahkari Mandali (PACS) will be made multipurpose with facilities for marketing, godowns, making gobar (dung) gas, electricity bill collection, facility for gas distribution agencies, Nal Se Jal scheme, etc. Model bylaws are ready for this multi-purpose mandali, and it will be sent to you before September-end," he said. "The country's PACS will be multi-purpose and profit-making," the minister added. Shah further said the government also aims to raise the number of PACS in the country from the existing 65,000 to three lakh during the next five years starting from December. "The day three lakh PACS are registered, there will be one PACS in every panchayat in the country," he said, adding that the government has also undertaken their computerisation. The government plans to come out with a new cooperative policy with the facility for registration of cooperative societies in sectors like health, insurance, transportation and tourism, he added. Shah them said with Prime Minister Narendra Modi's emphasis on natural farming, the government plans to set up a multi-state cooperative for marketing and certification of organic products, which will directly benefit farmers involved in organic farming. "For certification and marketing of organic products, Amul and five cooperative societies have been brought together to form a multi-state cooperative society, to set up a laboratory in every state to check soil and organic products and certify them as Amul organic product, so that the profit is transferred directly into the bank accounts of farmers," he said. Shah also informed meeting about setting up a multi-state cooperative export house to export agricultural products to the world market for the benefit of the farmers. Attacking opposition parties, Shah said when Congress was in power in Gujarat, all dairy cooperatives in the state's Saurashtra region were closed down, giving an opportunity to private players to exploit milk producers. After Modi was the chief minister of Gujarat, cooperative dairies started functioning properly, he said. Shah also said the idea of setting up a separate cooperation ministry was given by the then Minister of State for Agriculture Parshottam Rupala. Rupala, who was present at the event, is now the Union Minister of Fisheries, Animal Husbandry and Dairying. "When Rupala was the Minister of State for Agriculture, he talked about the condition of cooperative leaders in Krishi Bhavan. If there is anybody who first told Narendrabhai (Modi) about setting up a separate cooperation ministry, it is Parshottam Rupalaji," Shah said. "Later Modi asked me to inquire and see what can be done. I said there was nothing to inquire about as it is something that needs to be done, so let us do this. Prime Minister Modi then formed a separate cooperation ministry as a new effort to make crores of farmers of the country prosperous," he said.

Aviation gasoline used by flying schools to be produced indigenously
The Indian Express | 2 months ago | |
The Indian Express
2 months ago | |

Aviation Gasoline (Av gas) used by planes of flying schools across the country and smaller aircrafts like Cessna is now being produced in India by the Indian Oil Corporation (IOC).The product will be officially launched this month in Delhi by Union Petroleum and Natural Gas Minister Hardeep Singh Puri.Currently, India has 38 flying schools and over 200 aircrafts. Eight new schools are coming up in the next financial year.Official sources in the IOC said Av gas is imported in the country and added the Gujarat unit has produced Av gas.“Av gas is used mainly by the flying schools and there was a demand from them for production within the nation. We will be producing 1,500 to 2,000 metric tonnes per annum. This will be supplied in barrels to the flying schools,” said a source.Bombay Flying Club president Mihir Bhagvati said there is a huge shortage of Av gas in the country.“But the Ministry of Civil Aviation had given us permission to import Av gas and this helped us a lot. Since the IOC will start manufacturing, we expect the prices to come down. The cost of Av gas is thrice the price in the US,” Bhagvati said.“If we are looking at having India as a training hub for pilots in the world, we will have to match the prices of the US to have an edge in training lessons. We hope the Av gas produced by the IOC is properly distributed,” he added.Bhagvati further said that there is always of shortage of Av gas during the times of war for the needs of the Indian Air Force (IAF) and minimum quantity is released for the training schools.Meanwhile, Aero Club of India secretary Anisha Suresh said Av gas should be cheaper if it is made in India.“Even the armed forces use Av gas for their drones. The pricing should be lesser than imported fuel and the production quantity must be launched, because even the Indian Air Force drones will use it,” Suresh added.The Aero club gives a lot of trainer aircrafts to the flying schools in the country.Neville Bharucha of Red Bird Aviation Academy — located in Baramati — said it is a good move and added the pricing must be correct.

Aviation gasoline used by flying schools to be produced indigenously
Ports & airports, power, media: Adani’s $137.4-billion footprint across businesses, explained
The Indian Express | 2 months ago | |
The Indian Express
2 months ago | |

On Tuesday (August 30), Gautam Adani became the third richest person in the world with a net worth of $137.4 billion, behind only Tesla’s Elon Musk and Amazon’s Jeff Bezos.Gautam Adani’s flagship Adani Enterprises, which started with the commodity trading business in 1988, is today one of the largest conglomerates in India with a significant presence ports, airports, roads, power, renewable energy, transmission, gas distribution, real estate, FMCG and financial services among other businesses. Recently, the group also entered the media business.A large number of the Group’s businesses are part of the flagship company Adani Enterprises. They include natural resources (coal management), solar manufacturing, defence and aerospace, airports, water, road, metro and rail and data centre among others.While Adani Enterprises became the first listed entity for the Group in 1994, today it has seven listed entities that together have a market cap of Rs 19.29 lakh crore.* In 1995, the Group’s Mundra Port commenced operations, and since then the Group has consolidated its position in the ports business. With a presence across 13 domestic ports in seven states, Adani Ports accounts for nearly a fourth of the cargo movement in the country.* In 1999, the Group entered into the integrated resource management business and ventured into coal management. Adani Enterprises is currently the largest coal supplier in India and the largest importer of coal from Indonesia.* In 2001, the Group entered the gas distribution business. It has set up city gas distribution networks in Ahmedabad and Vadodara in Gujarat, Faridabad in Haryana, and Khurja in Uttar Pradesh. In addition, the consortium of Adani Total Gas and Indian Oil Corporation has won gas distribution rights for Allahabad, Chandigarh, Ernakulam, Panipat, Daman, Dharwad, and Udhamsingh Nagar.* In 2007 and 2009 the Group listed its Adani Ports & SEZ and Adani Power.* In 2008, it acquired Bunyu Mine in Indonesia, and in 2010 it acquired the Carmichael mine in Australia.* The Group entered solar photovoltaic (PV) panel manufacturing in 2017.* In 2019, it entered the airports business, as it won the mandate to modernize and operate six airports — Ahmedabad, Lucknow, Mangaluru, Jaipur, Guwahati, and Thiruvananthapuram.* In August 2020, the Adani Group announced that it will acquire 74 per cent stake in Mumbai International Airport Limited, and completed the acquisition by August 2021.Currently, Adani Airports operates seven airports across the country.* In 2021, the Group set up a data centre joint venture, “Adani Connex”, with EdgeConnex to develop and operate data centres across India. The Group plans to build data centres in the NCR, Mumbai, Chennai, and Hyderabad to begin with.The Group’s latest stock exchange listing has been Adani Wilmar, which was listed in January 2022, and which currently has a market cap of Rs 89,931 crore.The Adani Group, which has been eyeing entry into the mainstream media space, set up AMG Media Networks Ltd, a wholly owned subsidiary of Adani Enterprises, in April 2022.In May this year, the Group announced that it will acquire 49 per cent in Quintillion Business Media, which runs the digital news platform BloombergQuint.With an aim to further boost its media investment with a television channel under its umbrella, on August 23, the Adani Group announced that it had acquired 29.18 per cent in NDTV, and also announced an open offer to acquire an additional 26 per cent in the company. The open offer will be launched on October 17 and close on November 1.

Ports & airports, power, media: Adani’s $137.4-billion footprint across businesses, explained
  • Ports & airports, power, media: the growth of Adani’s footprint across businesses, explained
  • The Indian Express

    On Tuesday (August 30), Gautam Adani became the third richest person in the world with a net worth of $37.4 billion, behind only Tesla’s Elon Musk and Amazon’s Jeff Bezos.Gautam Adani’s flagship Adani Enterprises, which started with the commodity trading business in 1988, is today one of the largest conglomerates in India with a significant presence ports, airports, roads, power, renewable energy, transmission, gas distribution, real estate, FMCG and financial services among other businesses. Recently, the group also entered the media business.A large number of the Group’s businesses are part of the flagship company Adani Enterprises. They include natural resources (coal management), solar manufacturing, defence and aerospace, airports, water, road, metro and rail and data centre among others.While Adani Enterprises became the first listed entity for the Group in 1994, today it has seven listed entities that together have a market cap of Rs 19.29 lakh crore.* In 1995, the Group’s Mundra Port commenced operations, and since then the Group has consolidated its position in the ports business. With a presence across 13 domestic ports in seven states, Adani Ports accounts for nearly a fourth of the cargo movement in the country.* In 1999, the Group entered into the integrated resource management business and ventured into coal management. Adani Enterprises is currently the largest coal supplier in India and the largest importer of coal from Indonesia.* In 2001, the Group entered the gas distribution business. It has set up city gas distribution networks in Ahmedabad and Vadodara in Gujarat, Faridabad in Haryana, and Khurja in Uttar Pradesh. In addition, the consortium of Adani Total Gas and Indian Oil Corporation has won gas distribution rights for Allahabad, Chandigarh, Ernakulam, Panipat, Daman, Dharwad, and Udhamsingh Nagar.* In 2007 and 2009 the Group listed its Adani Ports & SEZ and Adani Power.* In 2008, it acquired Bunyu Mine in Indonesia, and in 2010 it acquired the Carmichael mine in Australia.* The Group entered solar photovoltaic (PV) panel manufacturing in 2017.* In 2019, it entered the airports business, as it won the mandate to modernize and operate six airports — Ahmedabad, Lucknow, Mangaluru, Jaipur, Guwahati, and Thiruvananthapuram.* In August 2020, the Adani Group announced that it will acquire 74 per cent stake in Mumbai International Airport Limited, and completed the acquisition by August 2021.Currently, Adani Airports operates seven airports across the country.* In 2021, the Group set up a data centre joint venture, “Adani Connex”, with EdgeConnex to develop and operate data centres across India. The Group plans to build data centres in the NCR, Mumbai, Chennai, and Hyderabad to begin with.The Group’s latest stock exchange listing has been Adani Wilmar, which was listed in January 2022, and which currently has a market cap of Rs 89,931 crore.The Adani Group, which has been eyeing entry into the mainstream media space, set up AMG Media Networks Ltd, a wholly owned subsidiary of Adani Enterprises, in April 2022.In May this year, the Group announced that it will acquire 49 per cent in Quintillion Business Media, which runs the digital news platform BloombergQuint.With an aim to further boost its media investment with a television channel under its umbrella, on August 23, the Adani Group announced that it had acquired 29.18 per cent in NDTV, and also announced an open offer to acquire an additional 26 per cent in the company. The open offer will be launched on October 17 and close on November 1.

Maruti very important part of Suzuki Japan; organisational changes in offing: RC Bhargava
The Indian Express | 2 months ago | |
The Indian Express
2 months ago | |

Maruti Suzuki India Chairman RC Bhargava on Wednesday hinted at organisational changes going forward in the backdrop of the company’s increased contribution to parent Suzuki Motor Corporation’s overall global business.In his address to the annual general meeting of the company, the first physical meeting after two years following disruptions by COVID-19 pandemic, he said in future Maruti Suzuki India’s contribution to Suzuki’s global production will go beyond 60 per cent, which was achieved last year.Bhargava also said the company will chart out its strategy for entering the compressed biomethane gas fuel as suggested by Prime Minister Narendra Modi at the company’s 40th year celebration at Gandhinagar on Sunday.“It’s clear that Maruti has become a very, very important part of Suzuki Japan,” he said referring to the statement by Suzuki Motor Corporation President Toshihiro Suzuki that in the last fiscal Suzuki group produced about 28 lakh automobiles all over the world, out of which more than 16 lakh units, or about 60 per cent, were produced in India.Also, he said Suzuki’s announcement to set up a wholly-owned research and development company in India also comes at a time of Maruti’s growing importance in Suzuki’s operations.“… Which raises in my mind also the fact that with the growing volumes of production in India, the growing importance of India, the availability of capable manpower in India, do we not need now to look at how we are organising in India to deal with (future growth)?… ,” he said.From a challenge to achieve two million units a year this fiscal to three million units possibly in a few years, the company needs to prepare for its future, he added.“What is the most efficient way of preparing for the future in all areas of production or sales and marketing or R&D? I think we can all now apply ourselves and think of the future and see what must ensure your company grows in the most efficient manner in the coming years,” Bhargava said.He further said, “And I hope that when we come up with any changes in the future, we will have your backing and support.” He, however, did not elaborate on what would be the changes.On electric vehicles, Bhargava said when Maruti enters the EV segment in 2024-25, it will be in the upper-end of the market and not the lower-end.On compressed biomethane gas fuel, Bhargava said Maruti Suzuki is “immediately looking into this area because it has enormous potential for the country” as a source of energy, it is not only renewable but extremely clean.On Sunday, the company had signed a memorandum of understanding (MoU) with the National Dairy Development Board for setting up two biogas plants in Gujarat.

Maruti very important part of Suzuki Japan; organisational changes in offing: RC Bhargava
  • PM: Maruti Suzuki’s success symbol of strong India-Japan partnership
  • The Indian Express

    Prime Minister Narendra Modi on Sunday said that India has targeted to be self-reliant in meeting its energy requirement in the next 25 years. He was addressing a gathering at Mahatma Mandir Convention Centre here to virtually lay foundation stones for an electric vehicle (EV) battery manufacturing plant of Japanese automobile giant Suzuki Motor Corporation in Hansalpur, Gujarat and Maruti Suzuki’s vehicle manufacturing facility at Kharkhoda, Haryana, while also commemorating 40 years of Suzuki in India.“Friends, in the Amrit Kaal of next 25 years, it is our target that India become atmanirbhar (self-reliant) in meeting with its energy requirement. We know that a big chunk of energy consumption is associated with transport. And therefore, innovation and efforts in that direction must be our priority. I am confident that with cooperation from all of you and all the friends from auto sector, India will attain this target,” the Prime Minister said.In this context, Modi also referred to various efforts being made by his government to give impetus to the EV ecosystem in India by offering various incentives to the buyers of EV vehicles. “The speed with which the EV market has grown, one would not have imagined it some years ago. One big characteristic feature of electric vehicles is they are silent. Whether it is a two-wheeler or four-wheeler, they don’t make noise. This silence is not only of its engineering, but also of the beginning of a silent revolution in this country.”He expressed happiness that Suzuki was working on alternatives like biofuel, ethanol blending, hybrid EV etc, and suggested the company also start projects in exploring possibilities related to compressed bio gas (CBG).Modi also congratulated Maruti Suzuki for completing 40 years of partnership, calling it a symbol of the strong partnership between India and Japan. “The success of Maruti Suzuki is also a symbol of strong partnership between India and Japan. In the last eight years, this relationship between the two countries has achieved new heights. Today, the bullet train between Maharashtra and Gujarat and Rudraksh Center in Banaras of Uttar Pradesh are examples of India-Japan friendship,” he said, while remembering the late former Japanese Prime Minister Shinzo Abe.The Prime Minister said Japan has maintained a special bond with Gujarat since the organisation of the Vibrant Gujarat Summit, where Japan has always been a partner country. “The relation between India and Japan is much higher than diplomatic limits,” he added.Recollecting his days as the Chief Minister of Gujarat, Modi said he then used to say he wanted to create a “mini-Japan” in the state. “The feeling behind that (sentence) was to ensure that our guests from Japan get the feel of Japan. We made attempts to ensure that the companies of Japan and their people do not face any difficulty here (in Gujarat). We paid attention to small things,” Modi said, adding how he started having golf courses (as people of Japan are very fond of playing golf), restaurants offering Japanese cuisine etc in the state. He also said people in the state are also now learning the Japanese language.The Prime Minister said it is due to such efforts that today, over 125 Japanese companies are functioning from Gujarat.The event in Gandhinagar was also attended by Gujarat Chief Minister Bhupendra Patel, Gujarat BJP president C R Patil, Ambassador of Japan to India Satoshi Suzuki, Maruti Suzuki non-executive chairman RC Bhargava, Suzuki Motor president Toshihiro Suzuki and Suzuki chairman Osamu Suzuki. Haryana Chief Minister Manohar Lal Khattar attended the function virtually.In his address to the gathering, Toshihiro Suzuki announced setting up of a new company — Suzuki R&D Center India — a wholly-owned company by Suzuki, Japan. He added that the company is aiming to strengthen its research and development (R&D) competitiveness and capabilities in new fields of technology not only in India, but also for global markets.

As Gautam Adani becomes the world’s third richest person, a look at the Adani Group’s rise and spread
The Indian Express | 2 months ago | |
The Indian Express
2 months ago | |

The Adani Group’s foray into media — through a 49 per cent acquisition in the business news platform BQ Prime and, now, a 29.18 per cent indirect stake in New Delhi Television Ltd — underlines the return of the old model of conglomerate diversification or “horizontal control” in India.In this model, a business group leverages its entrepreneurial reputation to enter into as many industries, often quite unrelated, as it can. Adani’s businesses span ports, airports, coal mining and trading, thermal power generation, electricity transmission and distribution, natural gas supply, renewable energy, solar photovoltaic devices manufacture, edible oils and foods, grain handling, fruit marketing, road and rail infrastructure, data centres and — more recently — cement, fertilisers and media.Horizontal control is contrasted with what, in business literature, is called “vertical integration” — where firms remain focused on their existing businesses, while forging backward and forward linkages across the production value chain.Vertical integration is best exemplified by Reliance Industries, which, under Dhirubhai Ambani, started by making polyester fabric under the “Vimal” brand. The first step in “backward” integration was to manufacture polyester filament yarn and staple fibre, and then their intermediates PTA (purified terephthalic acid) and MEG (mono ethylene glycol). Reliance went on to even produce the raw materials for PTA (paraxylene) and MEG (ethylene) from the basic feedstock (naphtha) supplied by petroleum refineries. The culmination was building its own refinery (the world’s largest) and moving further “upstream” into oil and gas production-cum-exploration. Naphtha cracking and reforming also resulted in other petrochemical products — from plastics, synthetic rubber and linear alkyl benzene used in detergents, to advanced composite materials.Reliance, no doubt, has diversified horizontally as well into telecom, retail and media. The first two — and its proposed green energy ventures — may even end up bigger than the original petrochemicals and oil and gas businesses. But the extent of its horizontal diversification isn’t comparable to Adani’s. The latter today is closer to the Tata Group, having interests in steel, auto, information technology, power, jewelry, retail, beverages, chemicals, telecom, airlines, hotels, home appliances and aerospace and defence, among other things.The bulk of Indian corporate houses are, however, focused and big in not more than 3-4 industries. Take Mahindra (auto, IT and finance), JSW (steel, power and cement), Vedanta (non-ferrous metals, iron ore and steel), Bharti (telecom and insurance), Bajaj (auto, finance and insurance), TVS (two-wheelers and auto components), Hero (two-wheelers), Murugappa (fertilisers, finance, sugar and engineering materials) or Infosys, HCL Technologies and Wipro (IT) and Sun Pharma, Aurobindo Pharma, Dr Reddy’s Labs, Cipla and Lupin (pharmaceuticals). Even the much-diversified Aditya Birla Group has exited fertilisers, petroleum refining and palm oil, and almost done so in telecom. Its turnover now comes mostly from a few key businesses: Aluminium, cement, copper, financial services, viscose, branded apparel, caustic soda and carbon black.The Adani case is interesting, both for the sheer breadth of industries it operates in and how fast this group — unlike the venerable “salt-to-software” Tata conglomerate — has grown. From setting up the Mundra Port at Gujarat that commenced operations in October 1998, to becoming the world’s third richest man, Gautam Adani’s rise is more spectacular than even that of Dhirubhai Ambani. The latter began with Vimal in the late 1960s and, by 1990, had turned Reliance into India’s third biggest house after Tata and Birla. But Reliance, as already noted, isn’t as diversified as Adani.The only parallel one can draw for Adani is with Ramkrishna Dalmia. This near-forgotten industrialist’s maiden venture was a sugar mill at Bihta (Bihar) in 1933. By the decade-end, he had taken over the Bharat Insurance Company and established five cement factories to take on the monopoly ACC combine, besides a paper and chemical plant. This was followed by forays into banking (Bharat Bank), coal mining, vanaspati and biscuit-making, and purchases of the Dehri-Rohtas Light Railway, three Andrew Yule jute mills and the motor vehicles firm Allen Berry from their British managing agencies.The real big-ticket acquisitions — of Bennett, Coleman (publisher of The Times of India), Govan Brothers (owner of India’s second largest aviation concern after Tata Airlines, the soda ash producer DCW and six other companies), Punjab National Bank, Lahore Electric Supply Company, the Sir Shapurji Broacha and Madhowji Dharamsi textile mills, and Delhi’s Edward Keventer Dairy — happened after World War II. At the time of Independence, Dalmia was bigger than everybody, save Tata and Birla.There are four possible underlying drivers of such horizontal diversification. The first is running out of growth possibilities in existing businesses that are cash-generating. The second is leverage or the ability to mobilise external capital, both debt and equity, on the strength of not just a firm’s balance sheet, but also the promoter’s reputation.A third driver is the political connections enjoyed by certain groups. In the pre-reform era, these enabled a favoured few to bag public contracts, access scarce bank credit and foreign exchange, corner licences and start one industry after another behind high tariff walls. “Crony capitalism” has survived liberalisation, especially in areas where there’s still scope for executive discretion.Conglomerate diversification in the thirties and forties, however, had little to do with the licence raj or favourable government treatment. Here, it was a fourth driver — “animal spirits” — that spurred the likes of Dalmia (even the Birlas, Singhanias and Bangurs) to invest in multiple unconnected industries. They were also encouraged by the profits made during the war and the overall environment before Independence, which led many old expatriate agency houses to pack up and sell out. Lax regulation — whether on insider trading or use of banks and insurance companies as captive fund pools by promoters — gave added impetus to these animal spirits.Times have, of course, changed since then. The regulatory architecture has improved; so has scrutiny by independent analysts and rating agencies. Concerns about overleveraging, voiced even in Adani’s case (https://bit.ly/3AwX1Xj), have made reckless diversification somewhat more difficult.Management gurus in the West have generally frowned upon diversified business groups — incidentally dominant even in Japan (the so-called keiretsu that include Mitsui, Mitsubishi, Fuyo and Toyota) and Korea (the chaebol: Samsung, Hyundai, LG, SK and Lotte). But these largely family-run conglomerates continue to thrive.The horizontal control model, even if back, cannot be like during the time of Dalmia and others. Every enterprise would need a reason for being, and sufficient promoter equity infusion, to justify funding from outside. The ultimate restraining force is, perhaps, the share prices of group companies. While keeping these high is central to raising finance, over-borrowing has its own price and inevitable moment of reckoning.harish.damodaran@expressindia.com

As Gautam Adani becomes the world’s third richest person, a look at the Adani Group’s rise and spread
Gujarat: First phase of Green Hydrogen plant commissioned at L&T’s Hazira complex
The Indian Express | 3 months ago | |
The Indian Express
3 months ago | |

A Green Hydrogen plant was inaugurated at L&T’s A M Naik heavy engineering complex at Hazira in Gujarat’s Surat Saturday afternoon by Indian Oil Corporation Limited chairman Shrikant Vaidya. The plant has thus started the production of Green Hydrogen based on an alkaline electrolysis process.It is the first-of-its-kind of Green Hydrogen plant in the country, said Subramanian Sarma (whole-time director and senior executive vice-president (energy), of L&T )The plant has been designed for an electrolyser capacity of 800 KiloWatt, based on both alkaline and PEM (420 KW), and will be powered by a rooftop solar plant of 990 KW peak DC capacity and 500 KWH battery energy storage system.In the first phase 380 KW Alkaline Electrolyser has been installed while in future the company has planned for further expansion.The plant, spread across 3,000 sqm, would deal with the generation of high purity of hydrogen (99.99 percent) and oxygen and their captive consumption in the manufacturing shops. A blend of 15 per cent of hydrogen with natural gas will be used as fuel, said the company source.After the inaugural event, Subramaniam Sarma said, “This initiative is in line with climate leadership targets of ‘Lakshya 2026’ that will help reduce green house gases footprint for us as well as our clients by approximately 300 tons per annum.”He further said, “This is a first-of-its-kind plant in the country which has come up with fire fighting, digital and automation operations. It will have daily production of 45 kilograms of Green Hydrogen, which will be used for captive consumption of the company’s Hazira manufacturing complex. It took seven months to start working on this plant and get it commissioned. We will expand this plant to our other manufacturing facilities and also to our customers. L&T has pledged to achieve water neutrality by 2035, and carbon neutrality by 2040 by making Green Hydrogen as an integral part of its clean fuel adoption policy.”Elaborating on the plans to bring down the price of hydrogen, Sarma said, “As we scale up, the per unit cost will be dropped. We use natural gas behind such production. The rate of one-kilogram hydrogen worldwide is around 4 US dollars and once we scale up and through expansion in the next 8 to 9 years, the price will naturally go down, with the usage of new technologies. The Central Government has indicated that it will be mandating all refineries to use Hydrogen in the refineries to remove the sulphur. The fuel used in the car is desulphurised fuel and a lot of hydrogen is used to remove the sulphur. It is brown hydrogen in natural gas.”Sarma further emphasized that the company would take the Green Hydrogen concept to all refineries in the public and private sectors to help them blend current brown hydrogen and bring Green Hydrogen. There are also opportunities in the steel plant, cement industries, and other sectors, he said.Derek Shah (senior vice-president and head Green Energy Business) was present on the occasion.

Gujarat: First phase of Green Hydrogen plant commissioned at L&T’s Hazira complex
Arvind Kejriwal’s Saurashtra meetings set off buzz; businessmen attend, raise issues
The Indian Express | 3 months ago | |
The Indian Express
3 months ago | |

Two meetings by Aam Aadmi Party (AAP) convenor Arvind Kejriwal in the past week in the Saurashtra region have set off a buzz among party leaders and workers. Kejriwal held a town hall meeting in Rajkot with businessmen, traders and industrialists, followed by a public meeting in Veraval, both well-attended.Enough for even the BJP to take notice. Playing down the presence of the communities largely considered supporters of the BJP at the Kejriwal events, the BJP said it was the Congress that needed to be apprehensive as AAP would make any gains at its expense, in the Assembly elections due at the end of this year.The town hall was held at a fully packed banquet hall on July 26. Among those in the audience were Paresh Vasani, president of the Rajkot Engineering Association, a chamber of MSMEs in the manufacturing sector; Dhansukh Vora, chairman of the Greater Rajkot Chamber of Commerce and Industry; as well as representatives from the ceramic industry in Morbi and brass parts manufacturing industry in Jamnagar.AAP claimed more than 300 businessmen and industrialists attended the event.The concerns raised by those in the audience included GST issues, pending VAT refunds, the high duty on electricity supplied to MSMEs, the state government not releasing subsidy for solar power projects, and monopoly of the State-owned Gujarat Gas Ltd in supplying piped natural gas to ceramic factories in Morbi and Surendranagar districts.Responding to questions, Kejriwal made five promises to the businessmen — that if AAP wins Gujarat, its government would end “the atmosphere of fear” in the state, that AAP and its government would respect businessmen and industrialists and trust them, that VAT refunds would be cleared within six months, GST would be simplified, corruption would be weeded out by delivering government services at people’s doorsteps, and that the government would form a committee comprising businessmen and industry leaders to suggest solutions.Greater Rajkot Chamber of Commerce and Industry Chairman Vora said his presence at the meeting should not be seen as a sign of opposition to anyone. “I was there not to criticise any political party or to praise any particular party, but to know AAP’s plans for the industry, if it wins power. AAP has already promised 300 units of free electricity to domestic consumers, and I wanted to know if it would do the same for the industry.”Vasani said he had attended the event in his personal capacity and not as president of the Rajkot Engineering Association. “People may have attended the event with different objectives, but I attended it in my personal capacity, to know the ideas of Arvind Kejriwal, and I found him to be a good person,” Vasani said.Others, however, admitted it was not an easy decision to be at an AAP event, and that the BJP tried dissuading many of them. “MSMEs in general have suffered a lot under the BJP regime despite it being an employment-heavy sector. This is largely due to the poor implementation of government schemes. However, local BJP leaders made phone calls to businessmen and industrialists not to attend the AAP event. So, people were under pressure. Those who could resist such pulls, attended,” said a businessman who was at the townhall.While reiterating that the agenda of the meeting was not to discuss politics, Vora said: “In a democracy, people have the right to ask questions of those in power as well as those who aspire to win power. As representatives of commerce and industry, we ask questions and make representations whenever we get a platform, and the meeting was one such forum.”He added: “In a democracy, people look for options when their problems are not solved. However, whether AAP is an option or not is the subject of debate for another day.”On July 30, Kejriwal attended a public meeting in Veraval – his second in Saurashtra. With 48 Assembly seats, Saurashtra is largely a rural area.AAP national joint secretary Indranil Rajyaguru said people came on their own to attend these two events. “People are dissatisfied with the BJP. They are basically tired of the party and are looking for a political option. What else can one do when one is surrounded by all types of issues?”A former Congress MLA from Rajkot (East), Rajyaguru said the attendance at the two events showed that AAP was becoming popular not only in urban but rural areas also.“We got so much support in rural areas when our raths were going to villages during the Gujarat Parivartan Yatra in May. The fact that we have organisational presence even at the village level is proof that we have penetrated rural areas as well,” Rajyaguru said.Shivlal Barasiya, president of the trade wing of the Gujarat unit of AAP, who played a key role in organising the town hall, said that as a businessman, he has experienced first-hand the problems faced by trade and industry in the state, and the political pulls and pressures on them.“Some industry chamber leaders from Rajkot who want to be in the good books of the BJP have facilitated nine meetings with BJP president C R Paatil. But what has been the outcome?” Barasiya said.He had been in touch with the trade bodies for a while, he added. “Out of fear of rubbing politicians of the ruling party the wrong way, businessmen and industrialists would not come out in the open. But I personally contacted 127 trade and industry organisations and almost every sector and organisation was represented at the townhall in the form of one or the other office-bearer.”Dismissing both events, BJP spokesperson Raju Dhruv said people trust only the BJP “to provide a strong and stable government”. “The wise people of Gujarat have never accepted a third front in politics. The likes of Chimanbhai Patel, Shankersinh Vaghela and others had to eventually merge their outfits with either the BJP or the Congress.”On the good attendance at the events, he said: “Other political parties do such meetings occasionally, but they can’t be a measure of popular support. If at all, any AAP gain will be at the cost of the Congress.”On Kejriwal’s promise of the ‘Delhi Model’ of governance for Gujarat, Dhruv said: “AAP is playing the politics of appeasing certain sections of society. And by the way, what is the Delhi Model? There is chaos in Delhi. The Delhi government brought in a new liquor policy but withdrew it soon after the BJP protested.”Equating Kejriwal and Congress leader Rahul Gandhi, the BJP spokesperson said both are “visiting leaders in Gujarat”. “People of Gujarat won’t support AAP.”

Arvind Kejriwal’s Saurashtra meetings set off buzz; businessmen attend, raise issues
Ahmedabad: Adani increases CNG, PNG prices
Times of India | 3 months ago | |
Times of India
3 months ago | |

AHMEDABAD: Adani Total Gas Limited (ATGL) on Tuesday increased its price of compressed natural gas (CNG) in Ahmedabad by Rs 1.99 per kg to Rs 85.89 per kg. Other city gas distribution companies are also mulling raising prices, industry sources say. A kilogram of CNG now costs Rs 6.21 less than a litre of diesel, which costs Rs 92.1, and Rs 10.43 less than a litre of petrol, which costs Rs 96.4, according to the latest fuel prices notification. CNG prices have been raised by 52.55% in 11 months, according to the Federation of Gujarat Petroleum Dealers' Associations (FGPDA). After the price revision by ATGL on August 26, 2021, the price of CNG was Rs 56.3 per kg. ATGL also raised the price of residential piped natural gas (PNG) from Rs 1,514.8 per MMBTU to Rs 1,542.8 per MMBTU effective August 2, Tuesday. "Owing to international developments and their effect on gas prices, we have been constrained to revise prices of PNG," states a message circulated by ATGL to its customers. The ATGL PNG price in the city was Rs 915 per MMBTU in June 2021, which means prices have risen by about 68% in 13 months. Automobile dealers say the constantly rising prices of CNG will hamper sales of CNG variants of automobiles. "The semiconductor shortage had already spelled catastrophe for the sale of CNG vehicles because despite demand being high supply was low. With the continuous and sharp increases in CNG prices, demand for CNG vehicles may fall," said a city-based car dealer. Industry players fear that the high CNG prices will affect industrial activity too. "The trend of higher gas prices is global. However, the increase in CNG prices will definitely hamper industries and consumers who depend on the fuel for various operations. A lot of public transport vehicles also run on CNG and thus their costs will go up. Higher residential PNG prices will add to inflationary pressures and disrupt household budgets," said Pathik Patwari, president, Gujarat Chamber of Commerce and Industry (GCCI).

Ahmedabad: Adani increases CNG, PNG prices
M-cap of top five Gujarat companies rises Rs 3.51 lakh crore
Times of India | 5 months ago | |
Times of India
5 months ago | |

AHMEDABAD: Amid high volatility, rising inflation forecasts and the recent second rate increase by the Reserve Bank of India (RBI), the Indian equity markets saw a sharp correction on Friday. The BSE Sensex fell by 1,016.34 points to close at 54,303.44. However, despite the sharp correction, some of Gujarat companies shone, with their market capitalization rising by Rs 3.51 lakh crore from the peak of October 19, 2021. Adani Group companies including Adani Enterprises Limited, Adani Power, Adani Green Energy and Adani Total Gas along with Gujarat Fluorochemicals Limited were among the companies which posted the highest growth in market capitalization. Among the others which performed well were the PSUs GNFC, GSFC, GMDC, and AIA Engineering. "Gujarat-based companies showed tremendous growth in the past year, as most big corporations here are in the energy sector. Stocks in the energy, oil and gas sectors are outperforming the rest backed by high demand and prices. Therefore, even though the market indices fell, companies here were able to maintain growth," said Hitesh Somani, senior technical research expert. The total market capitalisation of BSE-listed companies was at a record level of Rs 274.70 lakh crore on October 19, 2021, when the markets touched their all-time high. However, continuous selling pressure resulted in the m-cap plunging to Rs 252.10 lakh crore. "High inflation, rising interest rates and the Russia-Ukraine war have led to high volatility in global markets. Since October 2021, FIIs have sold more than Rs 3 lakh crore from Indian equities. Even then, Gujarat companies have outperformed others," Somani said. Since the peak of October 19, 2021, the Nifty and Sensex have fallen nearly 12% and the Bank Nifty is more than 13% down. "Overall market capitalisation of listed companies decreased by 8%. This indicates that certain stocks which are not in the basket of Sensex and Nifty performed well even in such conditions," said a city-based analyst.

M-cap of top five Gujarat companies rises Rs 3.51 lakh crore
Sachin GIDC mishap: Mumbai firm dumped waste to cut costs, finds NGT committee
The Indian Express | 5 months ago | |
The Indian Express
5 months ago | |

A committee, constituted by the National Green Tribunal (NGT), has found that hazardous chemicals were disposed of “intentionally” in a drain at Sachin Gujarat Industrial Development Corporation (GIDC) in Surat that killed six persons in January after inhaling toxic gas.Illegal disposal of the hazardous Sodium Hydrosulphide (NaHS) was “deliberate and engineered act in conspiracy to save huge money” so as to avoid payment of more than Rs 1 crore in incineration cost that would have been incurred had the waste been disposed of in a proper manner, noted the committee, formed to investigate the incidence of alleged illegal discharge of chemical waste. The report was submitted to NGT on May 31 and made public on June 3.The NGT had, in January, constituted a nine-member joint committee chaired by retired Justice BC Patel to ascertain causes and authorities responsible for the damage to life and environment, compensation to victims, restitution of the environment and the cost involved, and remedial measures to prevent recurrence.🚨 Limited Time Offer | Express Premium with ad-lite for just Rs 2/ day 👉🏽 Click here to subscribe 🚨The committee found that between November 11, 2021 and December 31, 2021, five tankers of NaHS were disposed of “in flagrant violation” of the Hazardous Waste Management Rules. With respect to the Sachin GIDC mishap case, the technical committee was falsely informed that the hazardous waste was a byproduct that could be used as such, without any further treatment. It was shown to be incinerated. It was also claimed that the waste load was subsequently given for processing before the end use.Six persons had suffocated to death and 23 others were hospitalised after inhaling toxic gas from the tanker vehicle that was illegally discharging chemical waste into the drain inside the Sachin GIDC area of Surat on January 6. The principal bench of NGT on January 10 had taken cognisance of the Indian Express report on the incident to initiate proceedings. The committee also found Hikal Ltd, which was dumping the waste in Gujarat from its Taloja unit in Maharashtra, had “no authorisation for disposal of such hazardous liquid through a third party”. It was also the duty of the company to take steps for safe disposal, sending or selling the hazardous waste to an authorised actual user of hazardous waste generated in its establishment or to dispose of it in an authorised disposal facility.“In flagrant violation, the hazardous chemical NaHS is illegally disposed of and to make it a show that it is a sale, invoices were issued and the consignee was the Sangam Enviro who had no facility of any treatment or processing etc, moreover is not a textile or cement industry. Sangam Enviro has no consent from GPCB (Gujarat Pollution Control Board) and surprisingly, that was not known to the generator (Hikal Ltd)… The consignee has illegally disposed of all the tankers in Gujarat except one, which was caught by the police,” the report noted.The committee has also recommended Rs 15.05 crore to be recovered from the company to be paid as damages. Additionally, it has also recommended that a total of Rs 2.40 crore be recovered from Hikal as compensation to be paid to the next of kin of the deceased and the victims, for payment incurred by GPCB to clean-up the contaminated liquid, and as payment to the state, which paid ex-gratia amount from its account to the families of the deceased.

Sachin GIDC mishap: Mumbai firm dumped waste to cut costs, finds NGT committee
Yemeni Man Arrested For Getting Rifle Parts Manufactured In Gujarat
Ndtv | 9 months ago | |
Ndtv
9 months ago | |

According to the police, Abdul Aziz had planned to send these rifle parts to Yemen (Representational)ahmedabad: A 36-year-old Yemeni national was arrested with parts of AK-47 and other assault rifles, which he allegedly got manufactured from engineering firms in Gujarat, police said on Friday.Based on a tip-off, the Ahmedabad crime branch caught the accused Abdul Aziz Al-Azzani from a hotel on February 9, and seized parts of assault rifles from him, an official said.The police recovered a gas block, a front sight, a short barrel and some other mechanical parts of various assault rifles, including AK-47, he said.The crime branch also recovered nearly 150 wax moulds and four dyes from two firms in Kathwada area of the GIDC in Ahmedabad, the official said.According to the police, Abdul Aziz had planned to send these rifle parts to Yemen, a war-torn country where groups such as the Al-Qaeda and Houthi rebels are fighting against each other.Preliminary investigations have revealed that the accused, who is a resident of Al-Baidah city in Yemen, works as a labourer and farmer, the official said.To fulfil the demand for parts of assault rifles in Yemen, one Munir Mohammed had offered commission to Abdul Aziz to acquire these parts from India and send them to Yemen, the crime branch stated in a release.Abdul Aziz had visited Mumbai in 2018 for his father's heart operation, and had since visited every year for his father's check-ups, it said.As per the deal struck with Munir, Abdul came to Mumbai with his father on November 16 last year, and after a check-up, he sent his father back to Yemen and travelled to Ahmedabad, it was stated.The accused contacted DK Engineering, a firm in Odhav GIDC area, to prepare dyes for parts, such as a short barrel, front sight and gas block, the release said.As per the designs and measurements provided by Abdul Aziz, the firm prepared the metal dyes and gave it to him, unaware that the dyes were meant for manufacturing rifle parts, it said.The accused then contacted two other manufacturing firms in Kathwada GIDC area of Ahmedabad and placed an order to manufacture different parts with the help of the dyes, by informing them that the parts will be used in industrial machinery.PromotedListen to the latest songs, only on JioSaavn.comA local court has remanded the accused to police custody for seven days, the official said, adding that a case under the Arms Act has been registered in this regard.(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)

Yemeni Man Arrested For Getting Rifle Parts Manufactured In Gujarat
15 Left Unconscious Due To Gas Leak At Gujarat Water Treatment Plant
Ndtv | 10 months ago | |
Ndtv
10 months ago | |

Gujarat gas leak: Three children were among those affected, said an official (Representational)Kheda (Gujarat): At least 15 people, including children, were rendered unconscious after inhaling chlorine gas that leaked from a cylinder in the premises of a water treatment plant in Matar taluka of Gujarat's Kheda district, on Friday, an official said.The affected persons, who lived near the plant, were admitted to a hospital in Tarapur town and were out of danger, fire officer Dixit Patel of Nadiad town fire brigade said.The fire brigade brought the leak under control by spraying water on the cylinder for over an hour, he said.The incident took place at a 16 MLD-capacity water treatment plant of the state Water Supply Department, situated on the outskirts of Pariej village on Kheda-Tarapur state highway, an official said.Seven women, three children and five men were referred to a hospital in Tarapur town when they fell unconscious after inhaling chlorine, said Pravin Bhagat, revenue officer of Matar taluka.Chlorine is used to purify water. According to eyewitnesses, a cylinder containing chlorine had been lying in a room at the plant for over 10 years, and it suddenly started leaking in the afternoon, the fire officer said."Before we reached, the on-duty persons used a JCB machine and dumped the cylinder into a culvert so that chlorine would get diluted in the running water without affecting people," Patel said.PromotedListen to the latest songs, only on JioSaavn.comAlthough the fire brigade sprayed water on the cylinder till it emptied out, the initial leak in the air affected some people living near the plant, he added.(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)

15 Left Unconscious Due To Gas Leak At Gujarat Water Treatment Plant
Dont nix approval for coal as fuel, pleads Gujarat Pollution Control Board
Times of India | 11 months ago | |
Times of India
11 months ago | |

AHMEDABAD: The Gujarat Pollution Control Board (GPCB) on Friday submitted to the Gujarat high court that its decision of declaring coal as an approved fuel to curb air pollution levels “may not be struck down in the interest of justice”. In response to a PIL filed by advocate Amit Panchal demanding that all coal-based industries should be shifted to natural gas to improve the ambient air quality in Gujarat, the high court asked the state government: “Why should the gazette notification dated 26.10.2017 or any similar notification/order by which it declares coal to be an approved fuel under Section 2(d) of the Air Pollution Act be not struck down?” The GPCB has replied that the notification was issued after consultation with the state government by using powers available under the Air (Prevention and Control of Pollution) Act, 1981, and therefore the court may not consider removing coal from the list of approved fuel in Gujarat. The high court had also sought details from the government about how many industries function on coal and what is the consumption of coal in Gujarat. GPCB has informed the high court that total 4,308 industrial units across the state function by using coal as fuel. All industries employing steam for their production use coal. Major industries that run on coal are power generating units, pharmaceuticals, steel, chemical industries, textile etc. On consumption of coal, GPCB stated that average coal usage in Gujarat every day is 4,58,435.12 metric tonnes. The district of Kutch tops in coal consumption with 1,70,232 MT. Industrial units in Ahmedabad district consume 57,379 MT coal with city units using 5,761 MT daily. Gandhinagar consumes 12,453 MT, Surat uses 35,052 MT coal. GPCB further submitted that Gujarat has installed capacity to generate 26,428 MW per hour as against total capacity of 3.82 lakh MW generation in India. Against 53% coal use in power generation in India, Gujarat’s usage of coal is 51.9%. The court was also informed that 70% plus energy catered in Gujarat is from coal based units and only 9% is from gas based power stations. The court has posted hearing on this issue on January 21.

Dont nix approval for coal as fuel, pleads Gujarat Pollution Control Board