Connect with us

Business

PM Modi say’s India set to double oil refining capacity in five years, earlier than expected.

Published

on

  • Our aim is to increase the share of natural gas by 4 times this decade, says PM Modi
  • PM unveils various facilities at the 8th convocation of Pandit Deendayal Petroleum University, Gandhinagar,

India is working to double its oil refining capacities in the next five years, announced Prime Minister Narendra Modi at the eighth convocation of Pandit Deendayal Petroleum University (PDPU) on Saturday.

Addressing the graduating students of the University, the Prime Minister said stated that the coming decade will see massive investments flowing into the oil and gas sector creating ample opportunities for energy professionals. A Total of 2,608 students, including 467 PhDs, received their degree certificates at the con 8th Convocation. At the first convocation, which is against the 132 students had received degree certification the first convocation.

“Friends, as you step into the industry in this Covid-19 times, there are infinite possibilities for employment. In this decade, just oil & gas sector will see lakhs of crores of investments. We are working to double our oil refining capacities in the next five years. In this decade, our effort is to increase four times the share of natural gas in our overall energy requirements,” Modi said in his E-Convocation address delivered via video conferencing.

Modi also stated that the government’s policy focus will remain on strengthening the start-up ecosystem in the area of energy security for the country. “India has set a target to reduce carbon footprint by 30-35 per cent%. Also, work is on to develop start-ups involved in to ensuring the country’s energy security. For professionals like you, a special fund has been created to incubate your ideas, products or a concepts,” Modi said.

Lauding India’s rapid advancement in the solar energy space, Modi also stated that the ambitious target to achieve renewable energy generation of 175 Gigawatt (Gw) by 2022 will be achieved much before the deadline, while another landmark of 450 Gw will be achieved before the 2030 deadline. “This is the a result of a conviction with a clean heart,” Modi said.

Mukesh Ambani, the President of the Board of Governors of PDPU and Chairman of Reliance Industries Ltd, who presided over the function, and gave an insight into the future possibilities in the energy space. He said stated that India must be prepared to answer the questions on how to produce the growing amounts of energy that India would need to sustain the economies without harming the environment.

“By the middle of the century, the world will use twice as much energy as we use today. In the next two decades, India’s own per capita energy needs will be more than twice as much as today.”

To achieve the goals of becoming a super power and also a super power in green and clean energy, India will need disruptive solutions in renewables, low carbon and carbon recycle technologies.

“We need breakthroughs in new energy sources such as green and blue hydrogen. We need solutions and innovations in energy storage, saving and utilization. As a person from the energy business, I assure students that you are entering an exciting future,” Ambani told the gathering in his address.

Gujarat Chief Minister Vijay Rupani, who was also present through virtual mode, stated that with institutes like PDPU, Gujarat is becoming a global hub for professional education. “Not just infrastructure facilities but (with) also the right ecosystem for education in the areas of petroleum, maritime, and railways, we see an increased interest from global students to study in Gujarat.”

Business

Apple is giving a huge discount on its gadgets: Details inside

Published

on

If you want to buy an iPhone and were waiting for a nice offer, then we have a piece of good news for you! Amazon Summer Sale May 2022 has begun and they are offering major discounts on various smartphones, laptops, and smart TVs, among others.

The sale is live now on the e-commerce platform with no-cost EMI options and exchange discounts on various products. In addition to this, Amazon has also partnered with several banks including ICICI, Kotak Bank, and RBL so that customers get instant discounts of up to 10% using their cards and EMI transactions.

Customers can easily enjoy this summer sale and get massive discounts on iPhones. They can also compare prices on Flipkart Big Saving Days Sale 2022 before making a purchase.

 

Amazon Summer Sale May 2022: Discount offer on iPhone 13 

Apple’s coveted phone model iPhone 13 in the 128 GB storage model will be available during the Amazon Summer Sale May 2022 for Rs 64,900. The MRP of the phone is Rs 79,900. This means that the customers will be able to enjoy a discount of up to Rs 15,000 on the purchase of the iPhone 13.

If you have an old iPhone in working condition then you will also be eligible to receive another additional discount worth up to Rs 17,000 on the iPhone 13.

Buy at Rs. 64,900 (MRP – Rs. 79,900)

Features of Apple iPhone 13 

The iPhone is powered by an A15 Bionic processor with 6 core CPU. Apart from this, it has 16 core neural engines. With the iPhone 13, up to 512 GB of storage will be available. The iPhone 13 has a 6.1-inch Retina XDR display with 1000 nits brightness.

The iPhone 13 has a 12-megapixel dual rear camera setup. This time a new wide-angle camera has been given, whose aperture is f/1.6. With this, there is support for sensor optical stabilisation. Night mode has been made better than before. The second lens is also 12 megapixels ultra-wide and has an aperture of f/2.4.

Continue Reading

Trending