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PM Modi to inaugurate Asia’s biggest Bio-CNG plant in virtual ceremony today, everything you need to know

The plant has been constructed in Indore, Madhya Pradesh at 1:00 pm. The inauguration will take place virtually through video conferencing.

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Narendra Modi

Prime Minister Narendra Modi will inaugurate the Gobar- Dhan (Bio-CNG) Plant today, February 19. The plant has been constructed in Indore, Madhya Pradesh at 1:00 pm. The inauguration will take place virtually through video conferencing.

For maximum resource recovery, the Indore Bio-CNG facility was built under the overarching ideas of waste to wealth and a circular economy. According to the Prime Minister’s Office, the plant is in alignment with PM Modi’s objective of producing garbage-free cities as part of the Swachh Bharat Mission Urban 2.0.

The plant, which is located on the Devguradia trenching field, has the ability to process 550 tonnes of segregated wet organic waste each day. According to the PMO, it is planned to produce roughly 17,000 kg of CNG per day and 100 tonnes of organic compost per day.

Indore Municipal Corporation will buy at least half of the CNG generated by the plant and, in a first-of-its-kind effort, would run 400 municipal buses on the fuel. CNG will be sold on the open market in the remaining quantities. For agricultural and horticultural uses, the organic compost will help to substitute chemical fertilisers.

The plant is built on zero-landfill models, which means that no rejects will be produced. In addition, the project is predicted to provide a number of environmental advantages, including reduced greenhouse gas emissions, green electricity, and organic compost as fertiliser. An official release stated that Indore Clean Energy Pvt Ltd, a Special Purpose Vehicle created to implement the project, was set up under a Public-Private Partnership model by Indore Municipal Corporation (IMC) and Indo Enviro Integrated Solutions Ltd. (IEISL) with a 100% capital investment of Rs 150 crores by IEISL. 

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The governor of Madhya Pradesh, Mangubhai Patel, will be in attendance, as will Chief Minister Shivraj Singh Chouhan, Union Minister for Housing, Petroleum and Natural Gas Hardeep Singh Puri, state Home Minister Narottam Mishra, and Water Resources Minister Tulsiram Silawat.

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Supreme Court issues notice to CBI, ED on Manish Sisodia bail plea

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Manish Sisodia

The Supreme Court on Tuesday issued notice to the Central Bureau of Investigation and the Enforcement Directorate in connection with the bail pleas moved by former Delhi Deputy Chief Minister Manish Sisodia.

The Supreme Court’s decided to issue notice to the two agencies after arguments on Sisodia’s petitions for bail in two cases relating to alleged irregularities in the now-scrapped Delhi liquor policy. The court granted two weeks to the agencies to file their views.

“Views of agencies have to be heard before any decision is taken,” said Chief Justice DY Chandrachud, pointing at the seriousness of the charges slapped on Sisodia. The former Delhi Deputy CM has been under judicial remand since February 2023 over corruption and money laundering charges.

According to Sisodia’s counsel, the charges against him are politically motivated and lack enough evidence. The counsel had sought bail on medical grounds, to which the CBI or ED objected, saying his release might hamper the ongoing investigation into the case by influencing the witnesses or tampering with evidence.

According to the CBI and ED, Sisodia’s involvement in the liquor policy scheme was responsible for substantial state revenue loss and worked in favor of private liquor vendors.

Manish Sisodia, known for his transformational work in the field of education under the Delhi government, is not the only Aam Aadmi Party leader in jail. Delhi Chief Minister Arvind Kejriwal and Satyendar Jain are also behind bars. While Kejriwal is jailed in connection with the liquor policy case, Jain is in prison for corruption charges.

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PayTm share price slips 2 per cent over SEBI warning

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Paytm

The share price of PayTm fell by nearly 2 per cent on Tuesday following a warning from the the Securities and Exchange Board of India (SEBI).

PayTm’s parent One 97 Communication had got SEBI’s administrative warning letter on some transactions involving the PayTm Payments Bank during fiscal year 2021-2022. The bourses reacted strongly leading to PayTm shares falling by 1.88% to Rs 460.80 per share on the Bombay Stock Exchange.

SEBI said it had noted the violation with concern and said these matters are being viewed very seriously. The regulator warned the company to exercise caution going forward and improve compliance to rules to prevent similar incidents in the future.

The markets regulator added that failure to comply with rules may force it to invoke enforcement actions as per the law.

In its response to SEBI, PayTm said in a media release that it has always followed listing regulations, as well as any change to these rules over time. The company said it would keep up its commitment to maintain and follow high standards of compliance. Paytm said it intends to provide an adequate response to SEBI on this matter.

PayTm said it has always followed Regulation 23 along with Regulation 4(1)(h) of the SEBI Listing Regulations, without including any change made to these rules over time. Paytm added that the letter from  SEBI has no influence on its finances, operations or other activities in any way.

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VIP Party Chief Mukesh Sahani’s father found murdered in Bihar

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In a shocking incident that has shaken Bihar’s Darbhanga district, Jitan Sahani, the father of Vikassheel Insaan Party (VIP) leader Mukesh Sahani, was discovered brutally murdered at their ancestral home. His gravely damaged body was found on his bed this morning, prompting immediate police action.

Authorities, led by senior officer Jagannath Reddy, have launched a Special Investigation Team to probe the heinous crime. Initial assessments suggest the possibility of a robbery gone awry or personal enmity leading to the tragic demise of the former Bihar minister.

The incident has sent shockwaves through the community, with local residents expressing deep concern over the safety situation. The VIP party, known for its significant support among the OBC community and currently aligned with the RJD and Congress in the Opposition bloc, has been thrust into mourning.

Opposition parties, particularly the RJD, have vehemently criticized the state government under Nitish Kumar for failing to maintain law and order. RJD spokesperson Shakti Yadav condemned the incident, questioning the government’s ability to protect its citizens.

In response, Deputy Chief Minister Samrat Choudhary assured swift and strict action against the perpetrators. “The government stands firmly with Mukesh Sahani ji’s family during this tragic time,” he stated.

Meanwhile, Union Minister Chirag Paswan of LJP offered condolences and pledged to expedite the identification and arrest of the culprits. “Justice will be served,” he affirmed.

As investigations unfold, the people of Darbhanga await answers and justice for the senseless murder that has gripped their community.

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