Indradhanush

Meet JP Nadda, man behind Indradhanush back to steer health agenda

Nadda is considered a key decision-maker in the BJP and a close aide of PM Narendra Modi. He has been the national president of the BJP since 2020 and a member of the Rajya Sabha from Gujarat

Indradhanush Gas Grid Limited, GAIL sign interconnection agreement

Indradhanush Gas Grid Limited (IGGL) and GAIL India have signed an interconnection agreement to connect the North East Gas Grid (NEGG) of IGGL with the Barauni Guwahati Pipeline (BGPL) of GAIL, according to an official release on Saturday. The agreement was signed by IGGL chief executive officer Ajit Kumar Thakur and GAIL's zonal chief general manager R Choudhury here on Friday. The interconnection agreement will facilitate connection of the NEGG with the BGPL at three locations - Jalpaiguri in West Bengal and Baihata and Panikhaiti in Assam, Thakur said. The interconnection agreement will pave the way for making the NEGG a part of the National Gas Grid, he said. The pipeline for interconnection will be laid by GAIL at an estimated cost of Rs 15.16 crore. The amount will be reimbursed by IGGL to GAIL. IGGL is laying the 1,656km-long NEGG at an estimated project cost of Rs 9,265 crore. The project has so far achieved a physical progress of 75 per cent with scheduled mechanical ...

IGGL gains 42.94% physical progress, Rs 1556.46 crore capital expenditure

The Indradhanush Gas Grid Limited (IGGL), joint venture of five oil and gas public sector undertakings, has achieved a physical progress of 42.94 per cent and a capital expenditure of Rs 1556.46 crore for the 2021-22 financial year, according to a company release here on Thursday. IGGL Chairman Atindra Roychoudhury said this while addressing the fourth annual general meeting. "The company achieved a capital expenditure of Rs 1556.46 crore and physical progress of 42.94 per cent in the financial year 2021-22", he said. The AGM was conducted in both physical and virtual mode and was attended by its directors, shareholders and other stakeholders, the release said. The IGGL is a joint venture of IOCL, ONGC, GAIL, OIL and NRL and is implementing the North East Gas Grid (NEGG) project connecting the capital cities and major demand centres of the North Eastern part of India to build a gas-based economy in the region. The NEGG is implemented as per the Hydrocarbon Vision 2030 of the Nort

'Indradhanush 2.0' on anvil for recapitalisation of PSBs

Government has already announced fund infusion of Rs 22,915 cr for the current fiscal

Delays in Indradhanush rollout for PSBs draw flak

An year on, PSB executives and analysts say the plans are drifting, even as they praise the government's objective

Banking sector reforms set to get bigger and better

Centre to widen scope of these reforms; better risk management, financial inclusion & expanding digital banking to be focus areas