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Govt seeks proposals for coal gasification projects under Rs 37,500-cr incentive scheme
The incentive, launched in May this year, is aimed at promoting surface coal/lignite gasification for the production of syngas and downstream value-added products such as synthetic natural gas (SNG), urea, ammonium nitrate, methanol, DME and other chemicals, thereby enhancing the country's energy security, reducing import dependence, and facilitating utilisation of domestic coal and lignite resources.
Nestle to cut artificial colourings from all products by end-2026
Nestle is set to eliminate all artificial food colorings globally by the end of 2026, a significant move by the major food producer. This initiative, driven by consumer demand for healthier options and scrutiny of ingredients, extends beyond their existing efforts in the United States. The company invested heavily in research and development to find natural alternatives, aiming for simpler recipes that resonate with consumers.
JSW Steel shares rise over 2%, after arm seeks govt help to secure gas supplies amid Middle East crisis
JSW Steel's unit is requesting government help to secure vital fuel supplies. Ongoing global tensions have created shortages of liquefied natural gas and propane. These fuels are crucial for JSW Steel Coated Products' manufacturing processes. Disruptions could impact downstream customers and lead to supply deficits. India relies heavily on natural gas imports.
Bharat Petroleum sets up Singapore arm to expand global energy trading
The subsidiary has been set up to establish a trading desk for trading in crude oil, natural gas, petroleum and other petrochemical products, along with associated activities.