Latest news with #KishanReddy
New Indian Express
6 hours ago
- Business
- New Indian Express
Kacheguda-Jodhpur service long-cherished dream of Hyderabad Rajasthanis, says Vaishnaw
HYDERABAD: Union Railway Minister Ashwini Vaishnaw and Union Coal and Mines Minister G Kishan Reddy on Saturday flagged off a new daily express train service from Hyderabad (Kacheguda) to Jodhpur (Bhagat Ki Kothi) in Rajasthan. The new train (17605), starting Sunday, will depart from Kacheguda at 11:50 pm and arrive at Bhagat Ki Kothi at 8 pm the following day. On the return journey, the train (17606) will leave Bhagat Ki Kothi at 10:30 pm and reach Kacheguda at 3:40 pm. Speaking on the occasion, Ashwini Vaishnaw said that a daily train service between Hyderabad and Jodhpur had been a long-cherished dream of the Rajasthani community living in Hyderabad. He noted that the service could not be launched earlier due to infrastructure constraints. However, under the leadership of Prime Minister Narendra Modi, the country has witnessed significant progress in rail infrastructure, including the laying of new tracks and construction of new stations. This, he said, has enabled the launch of the direct daily service. Kishan Reddy emphasised that Telangana has seen unprecedented infrastructure development in recent years. 'Forty railway stations in Telangana are being redeveloped under the Amrit Bharat Station Scheme. Of these, the Prime Minister recently inaugurated the upgraded stations at Begumpet, Warangal, and Karimnagar,' he said. He also noted that the state's entire rail network has now been electrified. The event was attended by South Central Railway (SCR) General Manager Sanjay Kumar Srivastava, BJP Telangana president N. Ramachander Rao, and other dignitaries. Earlier in the day, Vaishnaw met with officials to discuss strategies for doubling the capacity of railway operations in the Hyderabad region. Along with Kishan Reddy, he reviewed plans to further enhance rail infrastructure and connectivity across Telangana. Highlighting Hyderabad as a focal point for railway development, Vaishnaw instructed the SCR general manager to increase the number of trains operating in the city from 600 to 1,200 per day. 'With the ongoing redevelopment of Secunderabad railway station, officials have been directed to plan a multi-hub model, where several stations across the city will serve as regional connectors—linking the east, west, north, and south,' he added.
Time of India
3 days ago
- Business
- Time of India
Union Minister Kishan Reddy writes to Telangana CM on tie-up for renewable energy projects
Hyderabad: Union Minister G Kishan Reddy has written to Chief Minister A Revanth Reddy, stating that Central Public Sector Undertakings (CPSUs) under the Ministry of Coal are ready to partner with the state government to implement key renewable energy projects. In his letter on July 16, Kishan Reddy said that PSUs such as Coal India Limited (CIL) and Neyveli Lignite Corporation India Limited (NLCIL) are prepared to collaborate with Telangana on projects including solar and wind power plants, Pumped Storage Projects (PSPs), and battery energy storage systems (BESS), which are expected to attract investments of nearly ₹10,000 crore over the next three years. These projects would play a vital role in reducing carbon emissions, improving air quality, and ensuring sustainable natural resource management, the letter said. They also promise significant socio-economic benefits, such as job creation , skill development, enhanced energy security, affordable power access, inclusive growth, and an improved quality of life, it added. "To bring these projects to fruition, I request that a structured and seamless coordination mechanism be established between the state government and the CPSUs. Needless to say, your active and timely engagement will be instrumental in ensuring the swift and effective implementation of these projects," the union minister further said. Given Telangana's considerable renewable energy potential and the central government's strong commitment to green growth, this collaboration presents an opportunity to accelerate the state's economic development and position it as a key player in India's sustainable energy transition . The developmental synergy between the central and state governments is critical to achieving long-term national priorities such as energy security and climate resilience, while also fostering economic well-being and growth, Kishan Reddy noted.
United News of India
3 days ago
- Business
- United News of India
Union Minister Kishan Reddy urges Telangana CM to support renewable energy projects
Hyderabad, July 17 (UNI) Union Minister for Coal and Mines G Kishan Reddy has written to Telangana Chief Minister Revanth Reddy, urging the state government to extend its cooperation in setting up major renewable energy projects across the state. The Minister stated that Central Public Sector Undertakings (CPSUs) under the Ministry of Coal, particularly Coal India Limited (CIL) and Neyveli Lignite Corporation India Limited (NLCIL), are prepared to invest nearly Rs 10,000 crore in Telangana over the next three years for the development of solar and wind power plants, pumped storage projects (PSPs), and battery energy storage systems (BESS). In his letter, Kishan Reddy explained that the Central government was ready to identify zones with high solar potential and develop renewable energy infrastructure in those areas. The CPSUs are also looking to introduce advanced battery storage systems to ensure grid stability, and conduct feasibility studies for implementing pumped storage projects that can provide balancing power to the grid. The Minister proposed the formation of joint ventures between the Telangana State Public Sector Undertakings and Central Government coal companies to speed up project implementation and enhance local economic benefits. However, he noted that these ambitious plans require the support of the state government, especially in the areas of land acquisition and allotment. Highlighting Telangana's potential in renewable energy generation, Kishan Reddy said the Centre is committed to supporting the state's green development goals with sincerity. He stated that these projects would contribute significantly to the economic development of Telangana and position the state as a key player in India's transition to a sustainable energy future. The Union Minister requested Chief Minister Revanth Reddy to take a special initiative and extend full cooperation for the successful execution of these projects. He underlined that a coordinated approach between the state and Central governments is essential to achieving long-term goals related to energy security, environmental protection, and self-reliance. UNI VV AAB PRS
Hans India
3 days ago
- Business
- Hans India
Kishan sees Argentina as reliable partner for India
Hyderabad: Union Minister of Coal and Mines G Kishan Reddy participated in the Independence Day celebrations of Argentina, highlighting the growing strategic partnership between the two countries. Addressing dignitaries and foreign diplomats at an event in the national capital on Wednesday, Kishan Reddy emphasised Argentina's status as a reliable partner for India, particularly in the domains of critical minerals, economic cooperation, and global security. 'India has emerged as the world's fourth-largest economy, and we are committed to moving forward together with nations of the Global South,' He said. He reaffirmed that India and Argentina share deep ties not only in trade and diplomacy but also in people-to-people connections across culture, tourism, and sports. Recalling the celebration of Argentina's 2022 Soccer World Cup win by Indian fans, he noted the enduring popularity of football legends like Maradona and Messi in India. On matters of economic and technological collaboration, the Union Minister announced that India would soon begin work on five lithium blocks in Argentina's Catamarca province. The venture, spearheaded by Central Public Sector Undertaking (CPSU) CABIL, marks a significant step in strengthening bilateral cooperation in critical mineral sourcing. 'Argentina is a dependable partner in supporting India's mineral demands as we expand in defense, manufacturing, space technology, pharmaceuticals, and medicine,' he added. Kishan Reddy praised Argentina's unwavering support following the terrorist attack in Pahalgam and reaffirmed India's commitment to mutual security partnerships. 'India appreciates the backing of Argentina in our fight against terrorism, and this shared commitment makes our bond stronger,' he noted. Earlier, Argentine Ambassador to India Mariano Agustin Cauchino echoed the sentiment, stating, 'India is a reliable friend of Argentina across diverse sectors.' He emphasized the importance of mutual benefits in the critical minerals sector. He reiterated Argentina's full support for India in counter-terrorism efforts. The event witnessed the presence of officials from the Argentine Embassy, ambassadors from various countries, prominent industry leaders, and representatives of India's foreign affairs and mineral industries. Kishan Reddy extended warm greetings to the government and people of Argentina, expressing hope for deeper collaboration in the years to come. With shared values and strategic cooperation at its core, the India–Argentina partnership continues to expand, setting an example for effective bilateral relations rooted in trust, innovation, and global responsibility.
Economic Times
6 days ago
- Business
- Economic Times
Centre to provide technology to private factories to ramp up rare earth magnet production after China's decision to impose export controls
NYT News Service Private factories to produce rare earth magnet in India (Representational Image) The Centre is trying to make available technology in three to four months to different private factories to ramp up rare earth magnets production in India, said Union Minister for Coal and Mines, G Kishan Reddy. "We used to be 100% dependent on China for permanent magnets of the rare earths. But recently, China has refused to supply. With this view, the Indian government is making efforts for permanent magnet manufacturing," Kishan Reddy told ANI. "Our mining ministry's institute in Hyderabad has made efforts and prepared a permanent magnet processing unit with equipment. After three to four months, we will try to manufacture permanent magnets by giving the technology to different private factories. For this, the Indian government has also started some PLI schemes to encourage it. We are paying attention to this subject," he said that PM Modi has continuously discussed the production of magnets in India. "Recently, during his (PM Modi) visit to 5 countries, discussions were held with different countries on this subject. The raw material of rare earth is also available in less quantity in India. Importing that raw material, processing it, making permanent magnets for it, which is used from cell phones to space technology, including defence, there is a huge demand for this. The Indian government is working seriously for this. This scheme has also been brought under it," he said. The central government has earmarked Rs 1,345 crore to incentivise rare earth magnets production in India, aimed at building domestic capacity when there are reports of global short this April, China announced a decision to implement export controls on certain rare earth-related items, pushing a supply shortage across the world, including was in touch with the Chinese side, seeking predictability in the supply of rare earth metals -- which had been put under the export controls regime by the Xi administration. China's overwhelming control of global rare earth processing - commanding over 90 per cent of the world's magnet production capacity - has created significant vulnerabilities for industries worldwide. These materials are critical across multiple sectors, including automobiles, home appliances, and clean energy systems. Beyond China, there are only a few alternative suppliers of critical minerals. Finance Minister Nirmala Sitharaman announced the setting up of the Critical Mineral Mission in the Union Budget for 2024-25 on July 23, 2024. The Union Cabinet in January 2025 approved the launch of the National Critical Mineral Mission (NCMM) with an expenditure of Rs 16,300 crore and an expected investment of Rs 18,000 crore by Public Sector Undertakings.
