Rosneft Condemns EU Sanctions on India’s Nayara Refinery
Russia’s top oil producer, Rosneft, has strongly criticised the European Union’s latest round of sanctions targeting India’s Nayara Energy refinery, calling them unjustified, illegal, and a direct threat to India’s energy security. The sanctions, part of the EU’s 18th package aimed at weakening Russia’s oil and energy sectors amid the Ukraine conflict, included Nayara Energy among the affected entities.Rosneft clarified that it holds less than 50% in Nayara and does not control the refinery, which is managed by an independent board. It called the EU’s rationale "far-fetched and f..
SAIL Supplies Over 31,000 Tonne Steel for Zojila Tunnel
Steel Authority of India Limited (SAIL), a Maharatna PSU, has emerged as the single largest steel supplier to the prestigious Zojila Tunnel project in Jammu and Kashmir, the Ministry of Steel confirmed in a recent statement. The under-construction Zojila Tunnel is set to become India's longest road tunnel and Asia's longest bi-directional tunnel upon completion.SAIL has played a pivotal role in this strategic infrastructure initiative, supplying more than 31,000 tonnes of steel, which includes TMT Re-bars, Structurals, and Plates. This continuous supply showcases the company’s steadfast supp..
Syama Prasad Mookerjee Port Partners to Redevelop Nimtala Ghat
Kolkata: Syama Prasad Mookerjee Port, Kolkata (SMPK), signed a Memorandum of Understanding (MoU) on Tuesday with PS Group Realty Private Limited to redevelop and beautify Nimtala Ghat as part of PS Group’s Corporate Social Responsibility (CSR) initiative.The agreement was formalised at SMPK’s Head Office at 15, Strand Road, in the presence of SMPK chairman Rathendra Raman, deputy chairman Samrat Rahi, PS Group directors Saurav Dugar, Gaurav Dugar, Arun Sancheti, and senior SMPK officials.Under the MoU, PS Group will undertake the full redevelopment and permitted construction of Nimtala Imm..
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