State-owned Indian Oil Corporation (IOC) has set up a joint venture with Bangladesh’s RR Holdings Ltd for LPG business in that country. The joint venture company will import LPG for sale in the local market.
In a statement, the company said: “IOC Middle East FZE, Dubai, a whollyowned subsidiary of IOC, and RR Holdings Ltd, Ras Al Khaimah, UAE, the holding company of Beximco LPG of Bangladesh, signed an agreement for the formation of a 50:50 joint venture company (JVC) for LPG business in Bangladesh.”
The company, which started with lubricant marketing in Bangladesh in 1999, said it is now joining hands with a formidable partner. “LPG market in Bangladesh has seen a five-fold growth in the past five years and is expected to grow at 12-13 %,” it said. As per the business plan, the joint venture would begin functioning by acquiring Beximco’s existing LPG assets. Through this Joint Venture, IOC together with Beximco plans to further expand its downstream business in Bangladesh and other countries.
Minister of Petroleum and Natural Gas & Steel Dharmendra Pradhan was present on the signing in of the Joint Venture Agreement in the presence of Salman Fazlur Rahman, Advisor to PM of Bangladesh and Nasrul Hamid, State Minister for Power, Energy & Mineral Resources, Bangladesh.
Pradhan, speaking on the occasion, spoke about the long standing relationship between India and Bangladesh which are joined by history, culture, and shared sacrifices. On the role of energy sector in India-Bangladesh relationship, he said, “I am happy to note that energy cooperation between our two countries has made considerable progress during the last few years. This is part of Prime Minister Narendra Modi’s vision to build an “Energy Bridge” with Bangladesh as a part of our “Neighbourhood First” policy. The recent official visit of Prime Minister of Bangladesh to New Delhi in October 2019 further strengthened the engagement and opened new vistas of co-operation.”
He said that this event marks yet another step towards expanding bilateral energy cooperation with Bangladesh and expressed confidence that the experience of Indian Oil as a pioneer in implementing Pradhan Mantri UjjwalaYojana towards enhancing rural penetration of LPG as a clean cooking fuel in India, would help in promoting the use of LPG in Bangladesh. “This joint venture in Bangladesh would be a catalyst of socioeconomic change through increase in access to clean cooking fuel in Bangladesh,” he further added.
Salman Fazlur Rahman, Advisor to Bangladesh PM, said: “The agreement should serve as a testament to the remarkable investment potential of Bangladesh.”
The Daily Guardian is now on Telegram. Click here to join our channel (@thedailyguardian) and stay updated with the latest headlines.
For the latest news Download The Daily Guardian App.
Indian Navy rescues Malaysian with medical emergency onboard Singapore ship near Mumbai
Mumbai (Maharashtra) [India], January 21 (ANI): Indian Navy on Thursday rescued a Malaysian citizen who had a medical emergency on board a vessel near Mumbai coast.
The 34-year-old man was suffering from gastroesophageal reflux, a digestive disease, and breathing difficulty off the coast.
Navy carried out the medical evacuation after HQ Western Naval Command received information of medical emergency onboard Singapore merchant vessel MV Eagle Tampa.
“An #IndianNavy Seaking helicopter was deployed today morning responding to a medical emergency by a Singaporean merchant ship MV Eagle Tampa 18 NM off Mumbai. A 34 years old Malaysian citizen was evacuated safely from the ship by the Seaking and transferred to a hospital in Mumbai,” Directorate of Public Relations, Ministry of Defence, Mumbai said in a tweet.
The Naval Seeking helicopter from INS Shikra was sent for the evacuation, following confirmation of two failed attempts to transfer the patient to tug. Helicopter picked up the patient from ship and returned to INS Shikra.
The patient was then transferred to hospital by private ambulance. (ANI)
TMC dragging jawans into politics due to frustration, says Shahnawaz Hussain
By Kumar Gaurav
New Delhi [India], January 21 (ANI): Bharatiya Janata Party leader Shahnawaz Hussain on Thursday said that Trinamool Congress will be “wiped out” in forthcoming Bengal assembly polls.
He also rejected allegations of Trinamool Congress leader and state minister Firhad Hakim about BSF being influenced to ask people to vote for BJP.
“When political parties like TMC lose faith and trust of people they talk like this,” he said.
“How can you question forces. You are saying BSF is forcing people to vote for BJP. The whole country believes in BSF. They guard our borders and nation feels safe when they are on duty and TMC is blaming them. You are dragging them in politics. It is shameful. TMC and its government has lost credibility. And due to this many leaders from TMC are joining Bhartiya Janata Party every day.
Attacking the Trinamool Congress government, he said Mamata Banerjee has lost credibility as “corruption has been institutionalised, administration politicized and politics criminalized” in the state.
“People are tired of her and she will be wiped out in the upcoming election,” Hussain said. (ANI)
SC dismisses UP govt’s plea challenging bail to Azam Khan’s family
New Delhi [India], January 21 (ANI): Supreme Court on Thursday dismissed pleas of Uttar Pradesh government challenging the bail granted to Samajwadi Party MP Azam Khan, his wife Dr Tanzeen Fathima, and son Abdullah Azam Khan in an alleged case of forging birth certificate.
“The special leave petitions are dismissed. We make it clear that any observation made in the impugned order shall have no bearing in trial since it was only with regard to granting bail. Pending applications stand disposed of,” said the order passed by the bench headed by Justice Ashok Bhushan.
Uttar Pradesh government has sought cancellation of bail to Tanzeen Fathima in the case related to allegedly forging documents to show under-age son, Abdullah, as a major to enable him to contest the assembly election.
In October 2020, the Allahabad High Court had granted bail to MP Azam Khan, his wife and son in the case.
Abdullah Azam Khan was elected as an MLA from Suar seat from Rampur, Uttar Pradesh in 2017. He was disqualified from the membership of the State Legislative Assembly for being less than 25 years of age as on the date of the election, in December 2019.
He was found guilty by the Allahabad High Court for submitting a forged birth certificate to the election body to contest elections.
A complaint was lodged by Akash Saxena, a member of Bharatiya Janata Party, alleging that Azam Khan and his wife have got two birth certificates issued from different places, one dated January 28, 2012, from Nagar Palika Parishad, Rampur, and the second dated April 21, 2015, from Nagar Nigam, Lucknow, for their son.
The first birth certificate, which recorded his date of birth as January 1, 1993, was used for making passport, etc and was misused in foreign travel, the complainant alleged. While the second birth certificate, which recorded his date of birth as September 30, 1990, was “misused” in government documents for contesting election to Legislative Assembly of the state and in different recognitions given to Jauhar University, it claimed. (ANI)
J-K: Drug dealer arrested in Anantnag, 650 grams of heroin recovered
Srinagar (Jammu and Kashmir) [India], January 21 (ANI): The Anti Narcotic Task Force along with the Anantnag Police on Thursday arrested a drug dealer in Jammu and Kashmir’s Anantnag district and recovered around 650 grams of high-grade heroin.
Additionally, about 1,430 grams of Poppy extract (Afeem) was also seized from his possession.
As per a statement from the JK Police, the accused, Abdul Hameed Alai, was nabbed after the police received a tip-off regarding a drug deal being struck in Harnag.
“The drug peddler has been arrested and a case under relevant sections of the Narcotic Drugs and Psychotropic Substances (NDPS) Act has been registered. Further investigation is going on and more arrests of this drug racket are expected,” the statement said. (ANI)
Maharashtra HSC, SSC exam dates announced
Mumbai (Maharashtra) [India], January 21 (ANI): Maharashtra Education Minister Varsha Gaikwad on Thursday announced the dates for Maharashtra Higher Secondary Certificate (HSC) and Senior Secondary Certificate (SSC) exams.
The minister informed that the written exams of HSC will be conducted from April 23 to May 29. The written exams of SSC will be held between April 29 and May 31.
“The results of HSC exams will be announced in the last week of July, whereas the results of SSC exams will be announced in the last week of August,” said Gaikwad.
“All exams will be conducted in compliance with the COVID-19 norms,” said Gaikwad further on the current situation arisen due to the pandemic.
The exams in the state are being conducted later than usual due to ongoing pandemic. The cumulative count of active cases of COVID-19 in Maharashtra stands at 47, 982. (ANI)
Army facilitate 10 women after concluding month-long skill development programme in Srinagar
Srinagar (Jammu and Kashmir) [India], January 21 (ANI): The Army facilitated vocational training classes for the women in Kashmir’s Budgam district in which they have received training of various skill including stitching, knitting, and embroidery.
The skill development programme was concluded at Old Airfield Military Station in Srinagar. The month-long vocational classes were organised by the Army to motivate the women in Kashmir and contribution to the development of the society.
“We have organised a four-week cadre in the district where 10 women from humble background receive basic training of stitching, knitting, and embroidery. This training will help them get financially independent,” Tarun Narula, Commander Chinar AD Brigade said.
The Commander also said that we have trained the women now providing them course-related material – Swing machine, threads, scissors and other related items- Basically, we not only educate them but also help them earn their livelihood by giving them such material.
“The women in the district can make practice the course at their homes and make products and sell them. This way they can earn their livelihood,” he said.
Abida Zehra who is a trainee said, “I am getting training here for the last four weeks. We learn stitching, embroidery and knitting. It is a very useful programme for girls. These classes will make our girl children financially strong. I request to all that they should receive this skill development programme and earn their livelihood.”
Another trainee, Kushboo said that with this we can help our family financially. A housewife can use their skill and earn their livelihood. It is a kind of part-time job.
“We are thankful to the Indian Army that they helped us completing this course. They are giving us a certificate and machine which is very useful for us,” she said.
All the 10 women have received classes of knitting, stitching and embroidery which was conducted at Major Handicrafts’ workshop located here in Nowgam area under the guidance of the experienced trainer. (ANI)
Opinion3 months ago
South Block’s mistakes will now be corrected by Army
Sports6 months ago
When a bodybuilder breaks Shoaib’s record
News9 months ago
PM Modi must take governance back from babus
News7 months ago
Chinese general ordered attack on Indian troops: US intel report
Sports6 months ago
West Indies avoid follow-on, England increase lead to 219
News6 months ago
Things don’t add up in Sushant’s suicide: Swamy
Defence7 months ago
GALWAN: CHINA’S INFORMATION WAR
Defence4 months ago
Sino-Indian logjam: Facts, risks, options and the sum of all fears