Latest news with #Production
Business Standard
7 days ago
- Business
- Business Standard
SPML Infra gains after securing Rs 385 crore jal jeevan mission contract
SPML Infra added 1.55% to Rs 278.75 after the company secured an Rs 385 crore contract under the Government of India's Jal Jeevan Mission. The project pertains to the Water Production & Supply System for the Kekri-Sarwar Sector Package-III in Ajmer, Rajasthan. It also includes a 10-year operation and maintenance (O&M) component, ensuring long-term engagement for the company. The Kekri Water Supply Scheme aims to upgrade and strengthen water supply infrastructure in the Kekri-Sarwar region, drawing water from the Bisalpur Dam. The project is expected to significantly enhance water production and distribution capabilities across the Ajmer district, supporting the government's goal of ensuring safe drinking water for every rural household. The comprehensive water infrastructure project is designed to significantly enhance regional water supply and management capabilities through a suite of strategically planned components. At the heart of the project is the establishment of a 160 MLD state-of-the-art Water Treatment Plant (WTP) at Kekri, engineered to meet stringent water quality standards and ensure safe potable water supply. Supporting this facility are two Clear Water Reservoirs (CWRs) with a total capacity of 37.75 MLDcomprising a 20 MLD reservoir at the Kekri WTP campus and a 17.75 MLD reservoir at the Intermediate Pumping Station (IPS) in Nasirabad. These reservoirs will play a critical role in maintaining a steady and reliable distribution system. To ensure efficient water conveyance, the project includes the laying and commissioning of a 58.675-kilometre Mild Steel (MS) pipeline, forming a Rising Main from the WTP in Kekri to the IPS in Nasirabad. This transmission network has been designed for resilience and long-term performance. A major highlight of the project is the integration of advanced technology, including the installation of high-capacity pumping systems, associated electrical and mechanical equipment, instrumentation, and a centralized SCADA system at the Kekri pump house. These systems will facilitate automated, real-time monitoring and operational control for improved efficiency and reduced downtime. The project also addresses infrastructure development, which includes the demolition of outdated structures and the construction of new office buildings and J-2 residential quarters, enhancing both operational and administrative capabilities on-site. To ensure sustained performance, the entire scheme will be backed by a comprehensive 10-year Operation and Maintenance (O&M) contract, guaranteeing long-term reliability and optimized functionality. Subhash Sethi, Chairman of SPML Infra, commented: "We are honoured to be selected for this prestigious project under the Jal Jeevan Mission. This new project represents not just a business milestone for SPML Infra, but also our commitment to supporting the Government's vision of providing safe and clean drinking water to every household in India. The Kekri-Sarwar water supply project will significantly enhance water security for the people of Rajasthan and demonstrates our capability to execute complex water infrastructure projects with cutting-edge technology. This project exemplifies our integrated approach to water infrastructure development, combining advanced technology, efficient distribution systems, and long-term operational excellence. With the 10-year O&M contract, we are committed to ensuring the system's optimal performance throughout its operational life. SPML Infra is engaged in the business of infrastructure development, which inter alia includes water management, water infrastructure development, wastewater treatment, power generation, transmission and distribution, solid waste management, and other civil infrastructure. The company reported consolidated net profit of Rs 12.01 crore in Q4 FY25 as against net loss of Rs 8.87 crore posted in Q4 FY24. Net sales tanked 59% year on year to Rs 189.03 crore in Q4 FY25.
CBC
10-07-2025
- Entertainment
- CBC
How an iPhone audition landed him a lead role in Mirvish's The Lion King
With just over a month to go until The Lion King wraps its Toronto run, we spoke to Newmarket's Ira Nabong about landing the role as one of the young Simbas in the production.
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Business Standard
08-07-2025
- Business
- Business Standard
Centre plans to make registration mandatory for vegetable oil units
Amid high edible oil prices, the central government has proposed a review of the Vegetable Oil Products, Production, and Availability (Regulation) Order of 2011 (VOPPA), which seeks the mandatory registration of all producers who intend to produce, stock for sale, or offer for sale vegetable oil or any vegetable oil product, including solvent-extracted oil. The order, which was floated a few days ago, also seeks to penalise anyone who fails to register within the stipulated time. Apart from this, the amendments empower the Directorate of Sugar and Vegetable Oils (DVSO) in the food ministry to prescribe the maximum or minimum usage limits of any vegetable oil in the production of any or all vegetable oil products. Producers will also have to provide full details of stocks held, quantities, and varieties of solvent-extracted oils produced and sold in the preceding month. The order, issued recently, has evoked a strong reaction from a section of the domestic edible oil trade, which fears the reintroduction of a "license raj" and excessive regulation in the industry. 'India has over 15,000 oil mills and more than 250 Vanaspati manufacturing units, most of which are in the small-scale sector. Making registration and data reporting mandatory for them would create unnecessary bottlenecks in their operations,' a senior industry official said. He added that the order requires careful deliberation and discussion among all stakeholders before it is fully implemented. 'Around 60-70 percent of oil mills that process groundnut and rapeseed work on a very small scale, and adhering to the regulations could be slightly challenging,' the official explained. In the 2023-24 edible oil year, which ended in October, India imported around 16.23 million tonnes of vegetable oils, of which 15.96 million tonnes were edible oils (around 98.33 percent), and the rest were non-edible oils. India's annual domestic edible oil production is around 12-14 million tonnes, while the demand is around 27-29 million tonnes, with the balance met through imports. Consumer price index-based inflation in edible oils has consistently remained in double digits, hovering around the 19-20 percent mark for most oils. According to an assessment by NITI Aayog a few years ago, India's demand for edible oils is projected to rise to around 31 million tonnes by 2047-48, up from the 2019-20 level of 22 million tonnes. Meanwhile, domestic edible oil production is expected to grow to around 24 million tonnes from around 12 million tonnes in 2019-20.
Yahoo
04-07-2025
- Business
- Yahoo
OMV Petrom discovers new natural gas reservoir in Spineni, Romania
Romania-based OMV Petrom has discovered a new natural gas reservoir in Spineni, marking a notable development in Southeastern Europe's energy sector. Located approximately 70km north-east of the southwestern city of Craiova, the discovery was made at the 1 Spineni exploration well, which was drilled to a depth of around 4,800m. The exploration well has confirmed the presence of natural gas and condensate, with production testing supporting the findings. Well tests have indicated a production potential of 180,000m³ of natural gas and 25m³ of condensate per day. This translates to a total of 1,300 barrels of oil equivalent per day from the discovery well, signifying a substantial addition to the region's energy resources. OMV Petrom Exploration & Production executive board member Cristian Hubati said: "In 2025, we plan to invest 5.8bn lei in exploration and production, with nearly half allocated to onshore operations, while also advancing offshore Neptun Deep, a strategic project that requires large-scale investment. "We continue to invest to contain the natural decline in production from mature fields and to pursue new near-field opportunities in proximity to our existing operations." The prospect was initially identified using data from the 3D Spineni seismic survey, which was conducted in 2022 within the X Craiova block. The testing phase has established the commercial viability of the discovery, allowing the approval of a development plan to exploit the reservoir. During the exploration phase of this onshore project, OMV Petrom has invested approximately €15m ($17.6m). The discovery of this new natural gas reservoir is poised to contribute significantly to the local and regional energy supply. In March, OMV Petrom and ROMGAZ started drilling at the Neptun Deep project, which is claimed to be the largest natural gas project in the Romanian Black Sea and the country's first deepwater offshore project. "OMV Petrom discovers new natural gas reservoir in Spineni, Romania" was originally created and published by Offshore Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Time of India
26-06-2025
- Time of India
Cops warn Bengaluru restopubs to control music volume level after 10pm
Bengaluru: The police issued warnings to pubs, bars, and restaurants regarding adherence to permissible decibel (dB) levels for music after 10pm. During recent inspections, they registered 19 cases against establishments for various infractions, including absence of designated smoking areas and poor hygiene standards. Tired of too many ads? go ad free now According to a senior police officer, there were many complaints against the establishments in the Central Business District (CBD) area. During the special drive conducted between June 19 and June 23, the police found following violations: failure to maintain designated smoking zones, violation of the Excise Act, operating beyond the deadline, not maintaining food safety standards, and other illegal activities, including playing loud music. The police registered around 19 cases under COPTA (Cigarettes and Other Tobacco Products (Prohibition of Advertisement and Regulation of Trade and Commerce, Production, Supply and Distribution) Act, 2003, Karnataka Police Act, and Bharatiya Nyaya Sanhita (BNS). A few establishments, including Pegs N Bottles Bar and Social on Church Street, Lupa on MG Road, Brigade Dream Bar and Restaurant on Brigade Road, and Times Bar and Restaurant on Residency Road, were among the 19 establishments booked. The police issued strict warning to the owners and management of the establishments on June 23 evening and demanded mandatory compliance of rules and regulations.
