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Chikkamagaluru: Bulk booking of trek permits leaves locals angry

Several sustainability initiatives taken up, says SWR GM

General Manager of South Western Railway P. Ananth has said that the railway zone had taken up several sustainability initiatives including green infrastructure, full electrification, solar installations and freight optimization by shifting bulk commodities from road to rail to reduce emissions.

Commercial LPG Cylinder cost up by Rs 42

New Delhi: The price of 19-kg commercial LPG cylinders has been increased from June 1, raising input costs for hotels, restaurants and other commercial establishments, while domestic cooking gas rates have been left unchanged, according to industry sources.In Delhi, the price of a 19-kg commercial LPG cylinder has been raised by Rs 42 to Rs 3,113.50. In Kolkata, the increase is steeper at Rs 53.50, taking the retail price to Rs 3,255.50.The price revision comes amid heightened efforts by the government and oil marketing companies (OMCs) to strengthen fuel security and ensure uninterrupted availability of petroleum products across the country.Also read | Refiners adjust to new crude mix as Hormuz crisis tightens supplyIndustry sources said the price of 5-kg Free Trade LPG (FTL) cylinders has also been increased by Rs 11. Following the revision, a 5-kg FTL cylinder will cost Rs 821.50 in Delhi. The revised rates came into effect on June 1.There has been no change in the price of domestic LPG cylinders, providing relief to household consumers at a time when global energy markets continue to remain volatile.The latest revision follows the government's assurance that adequate stocks of petroleum products are available and that there is no shortage of LPG, petrol or diesel in the country.Speaking at an inter-ministerial briefing on Friday, Sujata Sharma, Joint Secretary in the Ministry of Petroleum and Natural Gas, said the government is working to bolster energy security through strategic reserves and enhanced inventory management.She said OMCs have been advised to maintain a minimum LPG reserve equivalent to 30 days of consumption and that efforts are underway to strengthen crude oil reserves as well.Also read | India cuts export duties on petrol, diesel and aviation turbine fuelAccording to Sharma, all refineries are operating at optimum levels and domestic LPG production has reached record highs. She said inventories of key fuels remain comfortable and no instances of LPG distributors running dry have been reported.At the same time, authorities have observed unusual spikes in fuel sales in several regions. While part of the increase is attributed to seasonal agricultural demand, bulk purchases have also contributed to higher offtake.Government data showed overall fuel sales growth exceeding 30%, with 14 districts recording more than 100% growth in petrol sales. In contrast, six districts witnessed a decline of about 38% in sales by OMCs.To prevent diversion and hoarding, enforcement agencies have intensified inspections. Over the past four days, around 6,500 raids were conducted involving LPG distribution networks, resulting in multiple FIRs and arrests. Separate inspections at retail fuel outlets led to the seizure of significant quantities of petrol and diesel, along with legal action against violators.Sharma said domestic refineries are currently producing around 50-52 thousand metric tonnes of LPG per day against demand of about 72 thousand metric tonnes, with the balance being met through imports. She added that the backlog in LPG supplies has narrowed to around 4.5 days, indicating an improvement in distribution efficiency.The increase in commercial LPG prices is expected to have a bearing on operating costs for eateries, catering businesses and other commercial users, even as household consumers remain insulated from the latest revision.

Internet services to be suspended on May 30 in Haryana’s Faridabad ahead of demolition drive

2G, 3G, 4G and 5G, bulk SMS services, and dongle services will be suspended within a one-kilometre radius of the notified location in NIT Zone, Faridabad district, and the suspension will remain in force from 12:30 a.m. to 10 p.m. on May 30

Mobile internet suspended in NIT Faridabad ahead of RRTS corridor demolition drive

Police said that a temple and a mosque were among the structures slated for demolition, due to which the decision was taken to suspend internet and bulk SMS services

Demand for diesel more than doubled in six districts, petrol in fourteen districts: Official

The govt has largely attributed the sudden rise in demand to the onset of the agricultural season, shifting demand from private OMCs to state-owned, and bulk consumers increasingly turning to retail pumps amid a price differential.

In FY26, 97% of violative ads were on digital platforms, 4/5ths of them on Meta: ASCI

Despite regulatory interventions, offshore betting was the most violative sector with a bulk 6,933 cases, and was followed by realty at 643 and personal care at 576 cases

Bengaluru, now book an appointment for bulky waste to be picked up from your doorstep

The Bengaluru Solid Waste Management Limited (BSWML), responsible for Solid Waste Management in the city, has launched a new mobile app ‘DClutter’ through which you can book for such a visit by waste collectors

Andhra Pradesh bans bulk fuel sales at 4,500 outlets, caps container fills at 200 litres

Civil Supplies Commissioner directs District Collectors to ensure petrol pumps fill fuel directly into vehicle tanks; 200-litre cap on container fills, no bulk supply

Adani Green to seek board nod to raise up to $1 billion

Adani Green Energy is set to seek board approval to raise Rs 6,150 crore ($750 million) to Rs 8,200 crore ($1 billion) through the qualified institutional placement (QIP) route, said people aware of the matter.Two group companies had got approval of their boards for fundraising on May 13 —Adani Enterprises (Rs 12,500 crore) and Adani Transmission (Rs 8,500 crore).The exercise is part of a group plan outlined internally last year to build a “three-year equity cushion” to support expansion plans.Adani Green has secured such capital-raising permission every year from its board except in 2021, as per a Bloomberg analysis.The capital raised by Adani Green Energy will be used to repay an outstanding $750 million, three-year bond issued in 2021 that’s due next year. The money is likely to be kept in a dedicated redemption reserve account and paid on the due date, said the people cited above.Renegotiating Terms With TotalThe original plan had been to prepay the bond after special Reserve Bank of India (RBI) approval but the company decided against this move.“We do not comment on routine business matters. All public disclosures on business matters are disclosed when appropriate,” an Adani Group spokesperson told ET.Adani Green is also renegotiating the terms of its agreement with French utilities giant TotalEnergies for a proposed $4 billion investment in a green hydrogen venture, having signed a memorandum of understanding in 2022. In February, Total said it was pausing the plan in the wake of the Hindenburg Research report on the Adani Group alleging stock manipulation and fraud. The Adani Group has rejected the report’s findings.Total had said it won’t immediately proceed with the plan that involved taking a 25% stake in Adani New Industries Ltd (ANIL), a subsidiary of Adani Enterprises.In June last year, ANIL and TotalEnergies had outlined a capex plan of $50 billion to set up a 2.5 million metric tonnes per annum (mmtpa) of green hydrogen manufacturing capacity over the next 10 years, with the first phase of 1 mmtpa expected to be commissioned before 2030. Total had also made a total $10 billion capital commitment to the hydrogen venture, standing guarantor to 50% of the project’s debt, translating to $6 billion, ET had reported February 13.ANIL plans to manufacture green hydrogen and downstream products such as ammonia, urea, methanol and ethanol at its Khavda and Mundra SEZ facilities. The Khavda site has a land bank of 71,000 acres, which has a large-scale renewable deployment potential of 20 GW due to its high wind and solar resource potential.After the initial MoU, a more detailed ‘heads of agreement’ — pre-contractual negotiations for a commercial framework — was originally planned to be signed between May and September this year. But this is unlikely at this juncture.The Adani Group has, however, continued with the project work in Mundra on its own, aiming to complete a substantial part of the first phase of the integrated manufacturing ecosystem for ANIL by December.This involves 4.5 GW of solar module manufacturing capacity and 1.5 GW of wind turbine manufacturing capacity along with electrolysers, glass, aluminium frames etc. Analysts say over 5% of the total capex has already been incurred by Adani though the bulk of the work is scheduled for 2026-2028. Any binding agreement with Total is now expected only in 2024 or 2025 and the valuation and the overall commercial terms is likely to get altered as the French company is not incurring any of the greenfield project risks, they said.“We have 40 GW of land equivalent. We've been doing solar modules for the past five years. We know we will produce modules at 15 cents to 17 cents,” Robbie Singh, chief financial officer of Adani Enterprises, had told ET on January 22.Other than the green hydrogen project, Total has just over $3 billion of investments with Adani, including in gas distribution and solar projects, which it has played down as a small 2.4% slice of its total capital commitments.