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New Policy To Cut Green Hydrogen Cost By 40-50%: Indian Oil Corporation

IOC will set up green hydrogen plants at its Mathura and Panipat refineries by 2024 to replace carbon-emitting units ....

India , Panipat , Haryana , Green-hydrogen-cost , Indian-oil-corporation , Indian-oil , Green-hydrogen , Renewable-electricity , Oil-refineries , Fertiliser-plants , Mathura-refinery

EXCLUSIVE: Govt proposes Rs 8,425 cr funding for new fertiliser plants

In 2019-20, India imported 10 million metric tonne (MMT) of urea, 5 MMT of DAP and 3 MMT of ammonia at an estimated annual import value of $6 billion. The government hopes that imports will be substituted by domestic supplies, reducing costs and outflow of foreign exchange. ....

India , Fertiliser-association-of-india , Fertiliser-association , Fertiliser-plants , Unding-for-fertiliser-plants , Ertiliser-plants-funding , S-8425-crore-funding-for-fertiliser-plants ,

Transcripts for BBCNEWS BBC News 20210921 08:12:00

Later we are talking about c02 shortages again. do you think there is clear ownership of the problem in terms of sorting it out at government level? i terms of sorting it out at government level? i think the difficulty is government level? i think the difficulty is the government level? i think the difficulty is the various - government level? i think the - difficulty is the various components of the problem are owned by different government departments, you have the business secretary responsible for the fertiliser plants who would be looking at solutions via, but then you have defra who are separately looking up the supply chain issue and you may be happy cabinet office and number ten trying to coordinate the problem when it comes to shortages and the fact it has become a more serious, whiter problem. the issue is you are not necessarily in the medium or long term looking for solutions once the immediate shortage passes, i think it is really telling but fundamentally we have exac ....

Government , Largeiy , Level , C02-shortages , Terms , Difficulty , Ownership , Components , Number , Business-secretary , Fertiliser-plants , Defra

Transcripts for BBCNEWS BBC News 20210921 08:06:00

It won t be just a grant, it won t be just a blank cheque, any support for those larger companies will be in terms of working capital, will be a loan. it won t be just a grant, it won t be just a blank cheque, it ll be something where if we do have this facility, if we do have this policy, they will be expected to pay back the loans, whereas in the case of a bailout, that s what it is, it s just a bailout where you grant money, taxpayers money, and the taxpayer doesn t see any return from that. so the business secretary talking about loans for that scenario, but let s look at the c02 shortages coming about as a result of the crisis. the government seems to potentially be talking about subsidies for the perth for the fertiliser plants that produce much of the c02 the uk users. this fertiliser plants that produce much of the c02 the uk users. of the c02 the uk users. this is a firm owned of the c02 the uk users. this is a firm owned two of the c02 the uk users. this is a firm ow ....

Access-support , Companies , Something , Grant , It , Support , Cheque , Terms , Loan , Policy , Facility , Working-capital

Transcripts for BBCNEWS BBC News at One 20210921 12:02:00

Within days, as a result of the crisis in the supply of carbon dioxide. the food and drinks industry are calling for urgent action from the government to prevent empty shelves, possibly by the end of next week. c02 is used for food packaging and for stunning livestock before slaughter. spiralling energy costs have stopped operations at fertiliser plants which produce carbon dioxide as a by product. colletta smith reports. (tx) the sky high cost of gas is causing problems in all kinds of areas. it is notjust utility bills that are going up, it is your shopping bill as well. manufacturers will be passing on those higher costs by charging us more for everything that we are buying, particularly for meat, where there has been such a crisis caused by that hike in gas prices that we are likely to see prices go up within the week. that is because the carbon dioxide needed by the food industry is produced using lots of natural ....

Government , Crisis , Industry , Carbon-dioxide , Action , Food , Result , Supply , C02 , Shelves , Livestock , Food-packaging