CWC Data: 90% Indian Reservoirs Below Half Capacity
According to data from the Central Water Commission (CWC), approximately 90% of major reservoirs in India are currently holding less than half of their total storage capacity. This revelation highlights a concerning shortage of water across key reservoirs in the country.
The data indicates that many of India's major reservoirs are experiencing significantly low water levels, raising concerns about water availability for irrigation, drinking water supply, and other essential uses. The situation underscores the need for proactive measures to address water scarcity and ensure sustainable w..
Road Contracts awarded drop to less than half!
Last year, the length of national highways constructed across India was 10,331 kms at the rate of 28.3 kms per day. This year, the target was set at 13,800 kms at the rate of 37.8 kms per day. However, by the end of January 2024, only 7,658 kms have been constructed at the rate of 28.4 kms per day. To achieve the target of 13,800 kms, the rate of construction has to rise to 102.4 kms per day! This is next to impossible, considering that 37.8 kms per day was the best record achieved at the rate of 36.5 kms per day during 2020-21 when a total of 13,327 kms were constructed during the year.
Innovative Steel Slag
The Steel Slag technology developed by CSIR-CRRI and Rejupave (see box) jointly developed by CSIR-CRRI and Verma Industries, bagged 'Product Innovation of the Year' awards at the Construction World Global Awards 2023. CW examines the two technologies...
Keeping in mind the Waste to Wealth and Clean India campaigns, in collaboration with the Ministry of Steel and major steel manufacturing companies, the Central Road Research Institute (CRRI), Delhi, has developed innovative steel slag, which is waste generated during steel production...
Cairn Oil & Gas Reserves Surge
Cairn Oil & Gas, a subsidiary of Vedanta Resources, has reported a significant 19% increase in its oil and gas reserves, now totalling an impressive 1.4 billion barrels of oil equivalent. This notable growth underscores Cairn's robust exploration and production capabilities, solidifying its position as a leading player in India's energy sector.
The increase is attributed to successful exploration activities and efficient reservoir management, which have optimised recovery rates. Cairn's CEO, Nick Walker, highlighted that this achievement aligns with the company's strategic goal..
Consumer-Led Demand Shapes India's Oil Market
In India, the landscape of oil consumption is undergoing a paradigm shift. Rather than being solely dictated by industrial needs, the demand for oil is now predominantly driven by consumers. This shift signals a significant evolution in the nation's energy dynamics, with implications for both the economy and the environment.
Key factors contributing to this transformation include the rising affluence of India's middle class, urbanisation trends, and the increasing penetration of automobiles. As more households join the middle-income bracket, there is a corresponding surge in the owners..