Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us  
Google
Web www.equitybulls.com
Stock Report

| More

Hon'ble PM Shri Narendra Modi inaugurates GAIL's CBG Plant in Ranchi

Posted On: 2024-10-03 19:42:30 (Time Zone: IST)


Hon'ble Prime Minister Shri Narendra Modi today inaugurated GAIL (India) Limited's Compressed Bio Gas (CBG) plant in Ranchi, Jharkhand through virtual mode during a ceremony organised at Vigyan Bhawan, New Delhi to mark Swachh Bharat Diwas, 2024.

The CBG plant facility is designed to convert organic fraction of Municipal Solid Waste (MSW) into CBG, having feedstock processing capacity of 150 TPD and production capacity of 5 Tonnes Per Day (TPD), with a total investment of Rs 26 crore.

GAIL's CBG Plant aims to make significant strides in achievement of environmental and Sustainable Development goals with an estimated reduction of approximately 4,950 tonnes of CO2 equivalent emissions annually. Additionally, the project is expected to replace approximately 2,171,052 Standard Cubic Meters (SCM) of natural gas per year and generate foreign exchange savings of around USD 840,093. This will go a long way in contributing towards the nation's energy security and reducing import dependence.

In terms of economic impact, the plant will create 35 direct jobs and 105 indirect jobs, promoting local employment and community development. A site-level event was organized in Ranchi, attended by key dignitaries, including Shri Sanjay Seth Minister of State Defence and MP from Ranchi Constituency, Shri R K Das, Executive Director of GAIL's Eastern Region and Shri H K Garg, Executive Director - CGD. During the event, Shri Sanjay Seth praised GAIL's efforts to enhance the city's green initiatives and emphasized the importance of the Government of India's initiatives for a cleaner environment.

The CBG Plant represents a significant step forward in addressing waste management challenges and promoting usage of renewable energy in the region, reflecting GAIL's commitment to sustainable development and a clean environment.

Shares of GAIL (India) Limited was last trading in BSE at Rs. 239.70 as compared to the previous close of Rs. 240.25. The total number of shares traded during the day was 390541 in over 4172 trades.

The stock hit an intraday high of Rs. 244.40 and intraday low of 238.90. The net turnover during the day was Rs. 94430777.00.


Click here to send ur comments or to feedback@equitybulls.com





Other Headlines:

Rosa Power Supply Company Ltd to avail Rs. 3760 crore loan facility from PFC

Aerpace Industries ltd's aerVolt secures order valued Rs. 97.50 crores

JSW Neo Energy Ltd to acquire O2 Power - a 4.7 GW Renewable Energy Platform

Tamilnad Mercantile Bank Ltd to open 4 new branches on Dec 30, 2024

IOL Chemicals and Pharmaceuticals Ltd board approves 5 For 1 Stock Split

The Karur Vysya Bank Ltd to open two new branches on Dec 30, 2024

Dr. Agarwal's Eye Hospital Ltd opens new branch at Sholinghur, Tamil Nadu

Max Estates achieves pre-sales booking value of INR 845 Crores within a week of the launch of Phase II of Estate 128 project in Noida

Alankit Ltd enters into agreement with State Health Agency under AB PMJAY and MA Yojana, Gujarat

Manaksia Coated Metals & Industries Ltd approves Preferential Issue of Equity Warrants to Drive Growth and Sustainability

Shriram Finance Ltd sanctions term loan of Rs. 10 crores to Akme Fintrade India Ltd

Bright Outdoor Media Secures Prestigious Western Railways Bulk Advertising Contract Worth ? 60 Cr

PNGS Gargi Fashion Jewellery Limited opens new store at Pimple Saudagar, Pune

Adani places India's Largest Order for 8 Tugs under the Make in India Initiative for 450 Cr with Cochin Shipyard

Gashmeer, Surbhi and Zayn return in Gunaah Season 2 on Disney+ Hotstar from 3rd January, 2025 onwards

Fortis Healthcare appoints Mr. Leo Puri as Chairman - Independent & Non-Executive of the Board

Shilpa Medicare Ltd's Unit IV receives Eurasia GMP Approval

Zaggle Prepaid Ocean Services Ltd enters into agreement with Mahindra First Choice Wheels Ltd

NTPC Renewable Energy ltd commissions 37.5 MW of Gujarat Solar PV Projct in Sadla

EFC (I) Limited recommends 1:1 bonus issue

Alankit Ltd successfully renews empanelled Service Agreement with Central Bank of India

UltraTech Cement Limited acquires stake in Star Cement Ltd

WABAG wins EIB & KFW funded DBO order in Zambia

Lemon Tree Hotels signs a new property in Bapane, Maharashtra

Gensol Engineering Ltd has secured an EPC contract from NTPC Renewable Energy Ltd

Raj Oil Mills Limited launches Soyabean Refine Oil under brand name 'SOYARAJ'

Axis Solution Ltd receives order of Rs. 3.52 crore

Shardul Securities Ltd fixes Jan 13, 2025 as record date for 5 For 1 stock split

Anjani Foods Limited opens new bakery outlet at Visakhapatnam

Power Mech Projects Ltd secures order worth Rs. 186 crore

REDTAPE Limited announces 3:1 bonus issue

Mafatlal Industries Ltd bags an order in Technical Textile worth INR 60.7 Crore with Odisha Government

Jubilant FoodWorks Ltd enters into MoU with Coca-Cola India Pvt Ltd

Dixon Electro Manufacturing pvt Ltd enters into MOU with Cellecor Gadgets Ltd

Sterling Unveils An Enchanting Oasis Amidst the Wilderness: Sterling Bagh Ranthambore

Reliance Industries Ltd agrees to supply E-Waste to K P International Pvt Ltd

Sharika Enterprises Limited receives order worth Rs. 8.29 crore

Electrosteel Castings Limited announces maintenance shutdown of MBF production facility

Capital Trust Limited ventures into secured loans

ACME Solar Holdings Ltd secures Rs. 1,988 Crore in Financing from Power Finance Corporation

CFF Fluid Control Ltd receives order worth Rs. 3.91 crores

EaseMyTrip Launches New Franchise Store in Srikalahasti, Andhra Pradesh

Shelter Pharma Ltd receives order worth $23000

Archies Partners with Al Hasnae Gifts for GCC Expansion, Marks Entry into the Middle East

REDTAPE Limited approves interim dividend of Rs. 2

VIP Clothing Launches Branded Handkerchiefs

Comrade Appliances Limited receives Air Cooler order from Reliance Retail Ltd

Indian Chemical Council awarded Responsible Care� Logo to IOL Chemicals and Pharmaceuticals Ltd

Padam Cotton Yarns Limited approves 1:1 bonus issue

ANSM Inspection at Cenexi's Fontenay Manufacturing Facility


Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2020