Category: Energy

  • MIL-OSI: CMBlu Energy, Inc. Announces Rubicon Professional Services as a Desert Blume Project Partner

    Source: GlobeNewswire (MIL-OSI)

    PETALUMA, Calif., March 18, 2025 (GLOBE NEWSWIRE) — CMBlu Energy, a leading battery technology company focused on developing and manufacturing a safe, sustainable, and secure long-duration energy storage system, announced today that it has selected Rubicon Professional Services (RPS) as a project partner for the design and engineering of Desert Blume. Announced in August 2023, Desert Blume is a 5-megawatt (MW), 10-hour-duration project developed in collaboration with Salt River Project (SRP), a community-based, not-for-profit public power utility serving the greater Phoenix metropolitan area. Located at SRP’s Copper Crossing Energy and Research Center in Florence, Ariz., Desert Blume is the largest organic, non-lithium energy storage project under active development in the United States, positioning SRP as the first U.S. electric utility to deploy CMBlu’s energy storage solution at this scale.

    CMBlu’s Organic SolidFlow battery technology combines a non-flammable, proprietary carbon-based solid energy storage material with water-based electrolytes, resulting in high energy density and improved performance. This technology delivers up to 5 to 10 times the energy density of conventional flow batteries, enabling a smaller footprint to operate and maintain for easy-to-deploy long-duration energy storage. Made from earth-abundant, readily available and recyclable materials, the Organic SolidFlow battery reduces reliance on rare metals and minimizes supply chain risks. CMBlu expects its battery system to cost-effectively store and deliver energy for two to three times longer per cycle than traditional lithium-ion batteries, which are typically designed for short-duration applications of up to four hours.

    For Desert Blume, battery modules are stacked three modules high on industrial racks within a building – a novel design requiring close coordination with our partners. RPS expertise is playing an integral role in the project’s realization.

    “With such an innovative design for the CMBlu Organic SolidFlow battery energy storage system, we needed a project partner that could work hand in hand with us to build the next generation of energy storage. We couldn’t be prouder to welcome RPS as our partner in this great endeavor,” said Giovanni Damato, President of CMBlu Energy, Inc. “Desert Blume represents a significant milestone and major step forward for developing non-lithium energy storage projects at scale and we look forward to building a safer, more sustainable battery project that can provide cost-effective energy reliability and resiliency to Arizonans.”

    “RPS is thrilled to partner with CMBlu on moving Desert Blume from design to approaching ‘boots on the ground,’” said Abbot Moffat, Director of Business Development with Rubicon Professional Services. “RPS has focused on critical infrastructure and BESS projects for years, so the development of non-lithium-ion long-duration storage solutions is something we’ve wanted to actively facilitate. CMBlu is at the forefront of this technology and is exactly the kind of company RPS values collaborating with. We’re confident that our extensive experience with lithium-ion BESS Projects, Data Centers, and Microgrids will translate to a smooth and successful project here with Desert Blume. In addition, SRP’s support of emerging technologies like CMBlu’s is something to celebrate.”

    Desert Blume is designed to store excess energy during the day and return that energy to SRP customers at night or when solar energy is not available. The project will store enough energy to power about 1,125 average homes for 10 hours.

    “We’re excited to see the Desert Blume pilot continuing to progress and have RPS join the project team,” said Chico Hunter, SRP Manager of Innovation and Development. “This project represents an important step in advancing long duration energy storage technology, which SRP will need to meet the significant customer growth in the Phoenix area, in the reliable, affordable and sustainable manner our customers expect.”

    A groundbreaking ceremony to celebrate the construction of Desert Blume will be held in 2025, with the project expected to come online in 2026.

    About CMBlu Energy

    CMBlu Energy empowers the world with unlimited energy storage inspired by nature. CMBlu’s first-of-a-kind Organic SolidFlow battery is a safe, sustainable, and secure long-duration energy storage system made from abundant and easily sourced raw materials, eliminating many concerns often associated with lithium-ion batteries. CMBlu Energy combines the best of solid-state batteries with the architecture of flow batteries, redefining flow battery performance. CMBlu Energy supports a localized supply chain, reducing dependence on imports and ensuring energy security. CMBlu has a team of over 250 employees, including 150 scientists in Germany, Greece, and across the U.S. For more information, visit www.cmblu.com.

    About RPS

    At RPS, our mission is to make our customers successful. We accomplish this by always focusing on their goals and objectives, regardless of the ‘issue of the day’. We sincerely value our clients and the relationships we have developed with them, and understand that the effective management of critical facility planning, engineering, and construction is essential to achieving our clients’ success.

    RPS provides an innovative approach to building or upgrading critical facilities. Whether an alternative energy projects, data center, R&D lab, or telecommunications hub, RPS focuses on the owner’s interests, develops strategy, assembles a top team of technical experts, subcontractors, and equipment vendors, and then expertly manages the entire process. Find out more at www.rubiconps.com.

    About SRP

    SRP is a community-based, not-for-profit public power utility and the largest electricity provider in the greater Phoenix metropolitan area, serving about 1.1 million customers. SRP provides water to about 2.5 million Valley residents, delivering more than 244 billion gallons of water (750,000 acre-feet) each year, and manages a 13,000-square-mile watershed that includes an extensive system of reservoirs, wells, irrigation laterals, and 131 miles of canals.

    Media Contact
    Nic Savo
    Silverline
    (203) 456-0843
    nic@teamsilverline.com

    The MIL Network

  • MIL-OSI: Jackery Showcases Smart Essential Home Backup Solutions & Energy-Efficient Upgrades at National Hardware Show 2025

    Source: GlobeNewswire (MIL-OSI)

    LAS VEGAS, March 18, 2025 (GLOBE NEWSWIRE) — As spring kicks off and the season for home improvement gets underway, homeowners are focusing on upgrades that enhance efficiency, resilience, and sustainability. Jackery, a leader in reliable and innovative renewable energy solutions, is set to exhibit at the National Hardware Show 2025 in Las Vegas, showcasing cutting-edge essential home backup solutions designed to make homes smarter, stronger, and better prepared for any emergency.

    With extreme weather events and power disruptions becoming more frequent, Jackery continues to innovate, ensuring people have high-capacity, easy-to-use backup power solutions that not only provide peace of mind during outages, but also support long-term energy efficiency upgrades. Whether people are looking to modernize their energy systems, reduce electricity costs, or prepare for the unexpected, Jackery offers the perfect seasonal home upgrade for 2025.

    At the show, Jackery will showcase its industry-leading solar generator lineup, designed to power essential home functions during blackouts, storms, and emergencies. These plug-and-play, solar-compatible solutions keep refrigerators running, lights on, and communication devices charged—ensuring uninterrupted comfort and security when the grid goes down.

    Jackery’s Latest Innovations on Display

    Jackery’s 5000 Plus Essential Home Backup Kit – A Smarter Approach to Backup Power

    The modern alternative to whole-home energy storage systems. Designed for seamless, automatic backup, this high-capacity solar generator integrates with a Smart Transfer Switch to instantly restore power to essential appliances—keeping refrigerators, lights, WiFi routers, and other electronics running without interruption. Unlike traditional backup systems, the 5000 Plus is modular, allowing homeowners to expand their energy storage over time—a flexible, cost-effective solution that grows with their needs.

    This smart system makes it possible to save more with every charge. With the ability to prioritize solar charging and schedule charging during off-peak hours, users can optimize energy usage and cut electricity costs by up to 30% per month. When battery levels are above a set threshold, Jackery’s 5000 Plus Essential Home Backup Kit prioritizes solar charging; if they drop below, it seamlessly switches to hybrid solar + AC charging. Scheduled charging shifts energy consumption to lower-cost nighttime rates, maximizing savings.

    Plus, when not in use for essential home backup, the 5000 Plus transforms into a portable solar generator, perfect for job sites, DIY projects, and outdoor adventures.

    Jackery Solar Roof – The Future of Aesthetic, Integrated Solar Energy

    For homeowners investing in energy efficiency and cost-saving upgrades, the Jackery Solar Roof seamlessly combines form and function. The first-ever and only curved solar tiles available in the U.S., this sleek innovation blends into modern and traditional architecture while delivering industry-leading solar efficiency of over 25%. Designed to withstand extreme weather conditions, the Jackery Solar Roof helps homeowners future-proof their energy consumption and lower electricity bills, all while maintaining the architectural integrity of the home.

    Jackery HomePower 3000 – The Essential Home Backup for Every Household

    As homeowners look to spring and summer home upgrades that enhance reliability, efficiency, and resilience, the Jackery HomePower 3000 stands out as a must-have essential backup solution for any home. With a massive 3,072Wh capacity and 3,600W output (7,200W peak), it delivers seamless power to critical appliances, ensuring uninterrupted comfort and security during blackouts, storms, and emergencies. Designed for effortless plug-and-play use, it requires no installation, making it a versatile and cost-effective alternative to complex whole-home backup systems. With an ultra-fast UPS (≤20ms switching), the HomePower 3000 instantly detects and responds to power outages, keeping refrigerators, lights, and communication devices running without interruption. Its solar-ready compatibility also allows users to harness renewable energy for long-term savings and sustainability. Built with a durable, long-lasting LiFePO4 battery, the HomePower 3000 is engineered for safety, reliability, and all-season performance—making it a smart and practical home upgrade for those preparing for unpredictable weather, rising energy costs, and the need for greater energy independence.

    Upgrade Your Home This Season with Jackery – Visit Booth #W1001

    Spring and summer aren’t just about cosmetic upgrades—they’re the perfect time to invest in practical improvements that enhance home efficiency, resilience, and comfort. Jackery’s Essential Home Backup solutions offer energy independence, affordability, and peace of mind, ensuring people are prepared for outages while reducing reliance on the grid.

    Attendees at National Hardware Show 2025 can visit Booth #W1001 for a hands-on experience and to gain expert insights on integrating Jackery’s portable solar power solutions into their emergency preparedness and home upgrade plans.

    For more information about Jackery and its lineup of solar generators, visit www.jackery.com.

    About Jackery:

    Founded in California in 2012, Jackery is a leader in innovative solar generators and renewable energy solutions. Offering a diverse range of products from compact 100W units to robust 123kWh energy storage systems for whole-home backup, Jackery combines cutting-edge technology with a steadfast commitment to sustainability. Dedicated to providing reliable, renewable energy solutions, Jackery prioritizes convenience, trust, energy independence, and environmentally responsible practices. With over 150,000 five-star reviews, Jackery has earned the trust of customers worldwide. As of mid-year 2024, Jackery solar panels sold have saved 760 million kilowatt-hours of electricity and reduced carbon emissions by 758,000 tons—equivalent to the annual carbon emissions of a medium-sized city. To learn more, check out Jackery on Facebook, Instagram, X, YouTube, and LinkedIn.

    MEDIA CONTACTS
    ICR
    jackery@icrinc.com

    Rachel Stotts
    rachel.stotts@jackery.com

    The MIL Network

  • MIL-OSI Russia: Rostekhnadzor representatives told students of the Department of Construction Physics, Electric Power Engineering and Electrical Engineering how to become a state inspector

    Translartion. Region: Russians Fedetion –

    Source: Saint Petersburg State University of Architecture and Civil Engineering – Saint Petersburg State University of Architecture and Civil Engineering – Alexander Kolpakov

    Representatives of the North-West Office of the Federal Service for Environmental, Technological and Nuclear Supervision (Rostekhnadzor) met with students to tell them about their activities and employment opportunities for young professionals.

    “The demand for specialists capable of ensuring reliable, uninterrupted operation of energy facilities and safety of technological processes is growing. State inspectors who carry out control and supervisory activities play a key role in this. Practice shows that some of those who receive higher education today will not work in their chosen specialty and in the industry as a whole. Today’s meeting is educational in nature for future specialists in the energy sector who can link their professional activities with the field closest to their specialty,” said Alexander Kolpakov, Deputy Head of the Department for State Energy Supervision of Consumer Electrical Installations of the North-West Department of the Federal Service for Environmental, Technological and Nuclear Supervision (in the sphere of state energy supervision).

    He explained that the North-West Department of Rostekhnadzor carries out state control and supervision in industrial safety, safety of hydraulic structures, electric power industry, construction in St. Petersburg, Leningrad, Arkhangelsk, Vologda, Kaliningrad, Murmansk, Novgorod, Pskov regions and the Republic of Karelia. In the sphere of state energy supervision, inspectors conduct inspections of legal entities and individual entrepreneurs for their compliance with reliability and safety requirements, regulatory legal acts within their competence. They are among the first to go to the largest and most significant facilities in order to subsequently issue a permit for the commissioning of electrical installations. Among such facilities are the most technologically advanced stadium in the country, Gazprom Arena, the new multifunctional sports complex SKA Arena, the northernmost skyscraper in the world, Lakhta Center, and the metro.

    “Everything is developing rapidly today: new technologies are being introduced, modern materials are being used, unique facilities are being built, and it is very interesting to work in our field. Public service differs from civil work due to requirements and restrictions. The main requirements are: Russian citizenship, reaching the age of eighteen, and proficiency in the state language. You can become a specialist expert, senior or chief inspector, department head or deputy only if you have a higher education. Support specialists only need to have a secondary vocational education. There are no requirements for experience: inspectors can be recruited directly from their studies, and students can undergo industrial training,” concluded Alexander Kolpakov. The conversation about work, including at large, well-known facilities, interested the students not only in terms of employment, but also in terms of organizing energy supply to them.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News

  • MIL-OSI: Enphase Energy Applauds New Rapid Shutdown Standard for Solar Installations in Brazil

    Source: GlobeNewswire (MIL-OSI)

    FREMONT, Calif., March 18, 2025 (GLOBE NEWSWIRE) — Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world’s leading supplier of microinverter-based solar and battery systems, today commended the introduction of Brazil’s new fire safety standard, Brazilian Association of Technical Standards (ABNT) NBR 17193, which outlines stringent recommendations like rapid shutdown functionality requirements for solar installations in all buildings.

    The new standard emphasizes the importance of safety in solar energy systems, particularly focusing on reducing fire hazards associated with high-voltage direct current (DC) energy components like centralized “string” inverters. Enphase’s microinverter technology intelligently converts low-voltage DC from solar panels into safe low-voltage alternating current (AC) right at the panel, inherently aligning with the new safety standard objectives by eliminating the need for high-voltage DC in residential and commercial solar installations.

    Additionally, all Enphase microinverters support rapid shutdown functionality, a critical safety feature that allows for the immediate de-energization of the system in emergency situations. The new safety standard recommends that all solar installations in Brazil have rapid shutdown functionality before connecting to the grid. This capability not only helps protect property, people, and emergency personnel but also aligns with global best practices for solar system safety. Brazil installers and distributors can learn more about the standard on the Enphase website (English and Portuguese).

    “Enphase’s microinverters have revolutionized our approach to solar installations,” said Adriano Coury, CEO of Onway Energy, an installer of Enphase products in Brazil. “The low-voltage AC design not only simplifies the installation process but also significantly reduces fire risks to help protect homeowners and emergency response teams.”

    “Safety is paramount in our operations,” said João Lucas Silva, CEO of Solusun, an installer of Enphase products in Brazil. “With Enphase’s microinverters, we can offer our clients a solution that complies with the latest safety standards and provides peace of mind.”

    “Enphase’s microinverters arrived in the Brazilian market meeting all safety requirements, ensuring protection for installers and homeowners,” said Marcel Ciriaco, founder of EnergySeg, an installer of Enphase’s products in Brazil. “The NBR 17193 corroborates the compliance of Enphase’s microinverters with global safety standards. Therefore, our Enphase customers will continue to benefit from the credibility and technological efficiency of our solution.”

    “This critical new safety standard is a significant milestone for the Brazilian solar industry, setting new benchmarks for safety and reliability,” said Ken Fong, senior vice president and general manager of the Americas and APAC at Enphase Energy. “Our microinverter technology is designed to meet and exceed these standards, providing Brazilian customers with safe, reliable, and high-performance solar energy solutions.”

    Installers of Enphase’s products in Brazil can order IQ8P™ Microinverters today, with peak output AC power of 480 W, supporting newer high-powered solar modules. All IQ8P Microinverters activated in Brazil come with a 25-year limited warranty. For more information about Enphase Energy in Brazil, please visit the website.

    About Enphase Energy, Inc.

    Enphase Energy, a global energy technology company based in Fremont, CA, is the world’s leading supplier of microinverter-based solar and battery systems that enable people to harness the sun to make, use, save, and sell their own power—and control it all with a smart mobile app. The company revolutionized the solar industry with its microinverter-based technology and builds all-in-one solar, battery, and software solutions. Enphase has shipped approximately 80.0 million microinverters, and approximately 4.7 million Enphase-based systems have been deployed in more than 160 countries. For more information, visit https://enphase.com/.

    ©2025 Enphase Energy, Inc. All rights reserved. Enphase Energy, Enphase, the “e” logo, IQ, and certain other marks listed at https://enphase.com/trademark-usage-guidelines are trademarks or service marks of Enphase Energy, Inc. in the U.S. and other countries. Other names are for informational purposes and may be trademarks of their respective owners.

    Forward-Looking Statements

    This press release may contain forward-looking statements, including statements related to the expected capabilities and performance of Enphase Energy’s technology and products, including safety, quality and reliability. These forward-looking statements are based on Enphase Energy’s current expectations and inherently involve significant risks and uncertainties. Actual results and the timing of events could differ materially from those contemplated by these forward-looking statements as a result of such risks and uncertainties including those risks described in more detail in Enphase Energy’s most recently filed Annual Report on Form 10-K and other documents filed by Enphase Energy from time to time with the SEC. Enphase Energy undertakes no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events, or changes in its expectations, except as required by law.

    Contact:

    Enphase Energy

    press@enphaseenergy.com

    This press release was published by a CLEAR® Verified individual.

    The MIL Network

  • MIL-OSI United Kingdom: Energy Secretary visits China to launch climate dialogue

    Source: United Kingdom – Executive Government & Departments

    News story

    Energy Secretary visits China to launch climate dialogue

    Ed Miliband resumes formal energy and climate talks with China

    Energy Secretary Ed Miliband met his Chinese counterparts in Beijing this week to re-start formal energy and climate discussions and demonstrate global climate leadership.

    On Saturday (15 March) the Secretary of State met Chinese Minister Huang at the Ministry of Ecology and Environment. They discussed strengthening cooperation on climate issues such as nationally-determined contributions (NDCs) looking ahead to COP30.

    He then travelled to Tsinghua University where he spoke to students about UK action and global cooperation on climate change as part of the university’s climate lecture series.

    On Sunday (16 March), the Energy Secretary visited Carbon Capture and Storage (CCUS) and hydrogen power projects in Energy Valley, an area which drives the development of clean energy technologies in the country. 

    He then met with British business representatives based in Beijing, to hear about the opportunities and challenges for business and how the UK can support in increasing UK clean energy exports to drive growth and create jobs.

    On Monday (17 March), the Secretary of State visited China’s National Energy Administration to engage in a formal UK-China Energy Dialogue. Along with Administrator Wang, he led discussions focused on clean energy technologies, pathways to the energy transition including phasing out coal, energy security and international energy governance.

    At the end of the meeting, Ed Miliband signed the Clean Energy Partnership Memorandum of Understanding (MoU) with Administrator Wang, which agrees to enhance cooperation on renewables, grid modernisation and clean technologies, while protecting the UK’s national security.  

    The visit concluded with a visit to the Great Hall of the People, where the Energy Secretary met Chinese Vice Premier Ding Xuexiang to agree to continue cooperation on energy and climate. The Secretary of State also took the opportunity to raise the UK government’s concerns on issues including Russia, forced labour and Jimmy Lai.

    Energy Secretary Ed Miliband said: 

    We can only keep future generations safe from climate change if all major emitters act. It is simply an act of negligence to today’s and future generations not to engage China on how it can play its part in taking action on climate. 

    That is why I met Chinese ministers for frank conversations about how both countries can fulfil the aims of the Paris Climate Agreement, to which both countries are signed up.  

    Our Plan for Change and clean energy superpower mission is about energy security, lower bills, good jobs and growth for the British people. It is with this mission that we can also influence climate action on a global stage, fight for our way of life and keep our planet safe for our children and grandchildren.

    Updates to this page

    Published 18 March 2025

    MIL OSI United Kingdom

  • MIL-OSI NGOs: Defending Our Future: The Energy Transfer SLAPP Case and the Fight for Free Speech

    Source: Greenpeace Statement –

    I am scared. I am angry. And I am heartbroken.

    As a young climate advocate, I have always believed that speaking up can change the world. That when we raise our voices for our planet, people will listen. That when we fight for a future where clean air and water are not privileges but rights, justice will be on our side. But this lawsuit against Greenpeace International and Greenpeace entities in the USA by Energy Transfer feels like a punch to the gut—a brutal reminder that those who destroy our home will stop at nothing to silence those who protect it.

    This is not just a lawsuit. It is an attack on our future. A warning shot aimed at every single person who dares to challenge the greed that fuels the climate crisis. If they can go after Greenpeace with a $300 million lawsuit, what is stopping them from coming after me? Or you? Or the millions of young people who refuse to stand by as our future is stolen from us? 

    We are running out of time. The climate crisis is already here. It is in the super typhoons that rip through our homes, tearing apart walls and washing away entire neighborhoods. It is in the unbearable heat that suffocates our cities, turning streets into furnaces and claiming lives in deadly heat waves. It is in the rising seas swallowing entire communities, forcing families to abandon the lands their ancestors called home. It is in the devastating droughts that turn fertile lands into wastelands, leaving nothing but cracked earth and dying crops. It is in the raging wildfires that reduce forests to ash and choke the air with smoke.

    Yet instead of holding polluters accountable, they are trying to silence those who fight to protect what little we have left. What kind of world does that leave us with? One where speaking the truth is punished? Where corporations decide who gets to thrive and who gets left behind? Where the next generation inherits nothing but disasters, displacement, and destruction?

    I refuse to accept that. We refuse to accept that.

    This case is not just about Greenpeace. It is about every young person who dreams of a future worth living in. It is about our right to fight for that future without fear. It is about ensuring that the voices of the youth are not drowned out by the wealth and power of those destroying our planet.

    But let me be clear: we are not alone. We are millions, standing shoulder to shoulder, refusing to be silenced. They can try to intimidate us, but they cannot break us. And we will keep fighting—because we have no other choice. This is our home. This is our future. And we will defend it with everything we have.

    We stand with Greenpeace. We stand with every environmental defender. We stand for justice, for truth, and for a world where young people are not punished for caring about the only planet we have.

    To everyone reading this: Stand with us. Speak up. Take action—share this message, join the movement, and demand accountability. Our voices, our actions, and our solidarity are stronger than their fear tactics. The future belongs to those who refuse to be silenced. And we will not be silenced.

    The fight is far from over. Stand with us, raise your voice, and make it clear: those who seek to silence us will never succeed. We will speak. We will fight. And we will win—because justice demands it, and the planet we call home is worth fighting for.

    Activists gathered in Cebu joined the call to defend free speech. © Greenpeace

    Prince Sarmiento is a Bohol-based volunteer of Greenpeace Philippines.

    MIL OSI NGO

  • MIL-OSI Global: How Donald Trump and Elon Musk are waging a deep and wide ‘uncivil war’

    Source: The Conversation – Canada – By Eli Sopow, Associate Professor, MBA Faculty of Leadership & People Management, University Canada West

    Never mind concerns about how the United States seems on the brink of another civil war. Thanks to President Donald Trump and his consigliere, Elon Musk, it’s now sinking wide and deep into what historical patterns show is an ugly “uncivil” war.

    Historians and neuro-scientists show there are well-established psychological patterns that explain how personal fear fosters anger that leads to a need for action to eliminate the fear.

    This dynamic has been evident in much of my 40 years of experience and research on public protests, including my doctorate on public order policing and subsequent ongoing analysis.

    Google Trends offers a scientifically valid rating of global search engine topics rated on a weighted scale of 100. In the U.S. on March 10, 2025, for example, the search topic “I am so angry all the time” hit the top of the 100 index, the highest in more than 20 years.

    The widespread public reaction to staffing cuts under Musk’s direction is receiving high domestic and international blowback from not only natural political critics, but Trump’s own Republicans. The reaction follows that tried-and-true trajectory of public dissent and protest escalating from fear to anger to action.

    This is evident in the reactions currently ranging from street-level public protests, a litany of court challenges and online outrage to U.S. government departments refusing to respond to the latest missive from Musk’s team demanding employees prove their worth or quit.

    Mad as hell?

    In the powerful 1976 movie Network, actor Peter Finch — playing a volcanic TV newscaster — goes berserk, rises from his desk and yells, “I’m a human being, goddamn it! My life has value … I’m mad as hell and I’m not going to take this anymore!” In response, thousands go to their windows and scream his rallying cry.

    A clip of the famous scene in Network when Peter Finch proclaims ‘I’m as mad as hell and I’m not going to take this anymore!’

    In perhaps a similar vein, leaders at the Pentagon, Federal Bureau of Investigation, the State Department, the Department of Homeland Security and the Department of Energy recently instructed federal workers not to reply to a weekend email from the Office of Personnel Management with the subject line: “What did you do last week?”

    The fear-anger-action dynamic is now unfolding in America.

    Republican Sen. John Curtis of Utah told CBS news:

    “If I could say one thing to Elon Musk, it’s ‘Please put a dose of compassion in this. These are real people. These are real lives …. It’s a false narrative to say we have to cut, and you have to be cruel to do it, as well. We can do both.”

    The response from Musk and Trump to the outrage follows a proven pattern of action and anti-action my colleagues and I have termed the “4-D defense” of deny, divert, delay and destroy. We discovered this pattern through many years of research on public activism for both industry and government agencies, and it was the focus of my PhD dissertation.

    We analyzed the content of thousands of traditional news stories, public opinion surveys and the socio-demographics of fearful groups that were angry they were being impacted by actions that were unfair, unlawful, dangerous and arbitrary.

    We found that the defensive 4-D reaction works like this:

    • First deny there’s a problem.

    • When proven true, then divert the cause to someone else.

    • When proven you’re the cause, agree to remedies but delay the process as long as possible through promises and endless consultations.

    • When this is unacceptable, then destroy those protesting by besmirching their credibility and reputations with erroneous and confusing counter-facts and entangled lawsuits.

    Trump prefers the ‘destroy’ part

    Trump is quick to jump to the “destroy” part of 4-D defense through threats that have included bullying and crushing tariffs.

    Another example of this Trump tendency was a recent heated Truth Social post in which he vowed to “imprison or deport students who participate in certain protests” against his attacks on education.

    Musk responded on his social media site, X, that reactions by frightened and angry employees to arbitrary firings was “EXTREMELY troubling that some parts of government think this is TOO MUCH!! What is wrong with them?




    Read more:
    Musk’s ruthless approach to efficiency is not translating well to the U.S. government


    Musk appears to be embracing the 1911 “scientific management” style of Frederick Taylor, an American inventor and engineer who is known as the father of scientific management. He argued that the “greatest evil” in the workplace was lazy employees who were simply “replaceable cogs on a wheel.”
    When Musk asks “what is wrong with them?” in reference to the fear, anger and demands for protective action from hundreds of thousands of federal employees, he should perhaps watch Network.

    It seems they’re “mad as hell and not going to take it anymore.”

    Eli Sopow does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    ref. How Donald Trump and Elon Musk are waging a deep and wide ‘uncivil war’ – https://theconversation.com/how-donald-trump-and-elon-musk-are-waging-a-deep-and-wide-uncivil-war-251538

    MIL OSI – Global Reports

  • MIL-OSI United Kingdom: Members of the Committee on Fuel Poverty reappointed

    Source: United Kingdom – Executive Government & Departments

    News story

    Members of the Committee on Fuel Poverty reappointed

    Caroline Flint (chair), Gordon McGregor, Belinda Littleton and Anthony Pygram have been reappointed to the Committee on Fuel Poverty (CFP).

    Caroline Flint has been reappointed to the Committee on Fuel Poverty (CFP) in the role of Chair. This reappointment took effect from 31 January 2025 and will last for 3 years.

    Belinda Littleton, Anthony Pygram and Gordon McGregor have also been reappointed to the Committee. Gordon McGregor’s reappointment takes effect from 17 May 2025 for 2 years. Belinda and Anthony’s reappointments each take effect from 3 May 2025 for 3 years.

    The Committee on Fuel Poverty advises on the effectiveness of policies aimed at reducing fuel poverty and encourages greater co-ordination across the organisations working to reduce fuel poverty.

    Biographies

    Caroline Flint

    Caroline has a wealth of experience in politics as a Labour MP for Don Valley, from 1997-2019. She was the first woman MP for Don Valley and a Minister in 5 government departments, developing legislation and leading major policy initiatives, before serving in Her Majesty’s Opposition Shadow Cabinet from 2010 to 2015. During her significant political career, she led the Smoke Free England legislation, led Opposition strategy on energy market reform and climate change, has contributed to multiple All-Party Parliamentary Groups and committees, including the Commons Public Accounts Committee and Intelligence and Security Committee.

    Caroline was appointed chair of Humber Teaching NHS Foundation Trust in 2021 and has been re-appointed for a second term. She was a member of the UK Commission on COVID Commemoration which reported to the government on how our collective experience of the pandemic should be remembered. Caroline is an Advisory Board member for the thinktank Reform, works with Dods delivering training on how government and Parliament works and is a broadcaster and commentator on news and current affairs. She won Celebrity Mastermind in 2021 with her specialist subject the movie ‘Alien’ raising money for the National Association for Children of Alcoholics (NACOA). She lives in Doncaster.

    Belinda Littleton

    Belinda Littleton works for National Grid and is currently Head of Asset Engineering Assurance, Electricity Transmission. She is a Chartered Engineer and a Fellow of the Institute of Engineering and Technology. Belinda’s work at National Grid has included:

    • leading a team of specialists to deliver appropriate system upgrades that provide value to the consumer during the clean energy transition
    • focusing on enabling a net zero future that doesn’t leave anyone behind
    • setting out National Grid’s strategic perspective on the decarbonisation of transport

    Previously working as an economist at Ofgem, Belinda looked at the impact of the smart meter rollout on vulnerable customers.

    Belinda has also previously worked at PwC. During this time she worked with the former Department of Energy and Climate Change to develop their Household Energy Efficiency Strategy considering the carbon reduction contribution that could be made by households.

    Belinda is passionate about designing inclusivity into future policy that delivers against net zero commitments within the UK.

    Anthony Pygram

    Anthony Pygram is a regulatory expert. He was the Director of Conduct and Enforcement at Ofgem (where, amongst other things, he oversaw the development of Ofgem’s Consumer Vulnerability Strategy). He was subsequently a specialist adviser to the House of Lords Industry and Regulators Committee for its Ofgem and net zero inquiry, and more recently a Senior Manager at the Payment Systems Regulator.

    Anthony is Lay Vice President and a member of the Solicitors Disciplinary Tribunal, a Lay Member of the Regulatory Board of the Institute of Chartered Accountants of England and Wales, and the independent Chair of the Code Change Committee for the non-household water market.

    Gordon McGregor

    Gordon has worked for over 3 decades in the energy and utilities sector. He has a depth of experience working in retail, distribution, generation and corporate management. Most recently, he has helped lead a number of highly innovative companies that have a strong focus on energy efficiency, renewables and clean technology.

    Gordon was a founding member of the Electricity Association Taskforce on Fuel Poverty, working on how energy regulation and industry structures could improve energy efficiency and affordability. Throughout his career, he has helped design energy efficiency programmes, developed affordable payment approaches, created social action initiatives and has helped design tariffs that help priority and vulnerable customers. He has also been involved in market design and managed the implementation of regulations to support new renewable targets. As a director of a vertically integrated utility, he helped lead the transition from a largely fossil fuel based portfolio towards a lower carbon alternative.

    Gordon is Chief Sustainability and Digital Officer for Sweco UK & Ireland, a leading European engineering and architecture consultancy. Gordon also sits on the Natural Environmental Research Council and is a member of the UKRI Advisory Board for Building a Green Future.

    Updates to this page

    Published 18 March 2025

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: The Mayor, his climate budget & the impacts

    Source: Mayor of London

    The London Assembly agreed a motion in December 2018, calling for “the Mayor to declare a Climate Emergency, supported by specific emergency plans with the actions needed to make London carbon neutral by 2030 …”.1

    The following month, the Mayor declared a climate emergency for London and has brought forward the target for London to be net zero from 2050 to 2030.2

    The Greater London Authority (GLA) states that:

    “A climate budget is a governance system that mainstreams climate considerations into decision making via the budget allocation process and highlights a city’s short-term actions to deliver the long-term climate targets (in line with the city’s climate action plan or Net Zero Pathway).”3

    Tomorrow, the London Assembly Budget and Performance Committee will meet to examine the impact of the Mayor’s Climate Budget and Green Finance Fund, and the impact this has had on achieving London’s net zero 2030 target.

    Guests include:

    Panel 1—Climate Budgeting

    • Heidi Sørensen, Head of the Agency for Climate, City of Oslo
    • Professor Carly McLachlan, the Director of The Tyndall Centre for Climate Change Research at Manchester University
    • Mark Johnson, Public sector lead, Association of Chartered Certified Accountants

    Panel 2—Climate Budgeting and Green Finance Fund at the GLA

    • Fay Hammond, Chief Finance Officer, GLA
    • Pete Daw, Head of Climate Change, GLA
    • Megan Life, Assistant Director of Environment and Energy, GLA
    • Sam Longman, Head of Sustainability and Corporate Environment, Transport for London
    • Kenroy Quellennec-Reid, Head of Impact Investment and Analysis, London Treasury, GLA 

    The meeting will take place on Wednesday 19 March from 10am, in the Chamber at City Hall, Kamal Chunchie Way, E16 1ZE.

    Media and members of the public are invited to attend.

    The meeting can also be viewed LIVE or later via webcast or YouTube.

    Follow us @LondonAssembly.

    MIL OSI United Kingdom

  • MIL-OSI Russia: About three thousand students from Moscow colleges underwent advanced training at Rudnev

    Translartion. Region: Russians Fedetion –

    Source: Moscow Government – Government of Moscow –

    Almost three thousand students from Moscow colleges have undergone in-depth training in in-demand industrial specialties in the innovative educational space “Rudnevo”. At the unique site, students can practice their skills in conditions as close to real ones as possible. This was reported by Anastasia Rakova, Deputy Mayor of Moscow for Social Development.

    “Our goal is to train specialists in Moscow colleges who will be able to perform real tasks immediately after completing their studies. To do this, together with our partner employers, we are replacing outdated equipment, updating educational programs and creating new sites for practical training of students. The flagship center “Rudnevo”, opened in October last year, has become an important part of this work. The site conditions are as close as possible to production. Moreover, it is located in an industrial park where operating enterprises are located. During the operation of the center, almost three thousand students have been trained here, and this is only the beginning. Students from several colleges at once can practice practical skills here,” noted Anastasia Rakova.

    The flagship center for practical training of Moscow colleges “Rudnevo” is a high-tech educational and production complex, which is part of the special economic zone “Technopolis Moscow”. On an area of more than nine thousand square meters there are 21 workshops and laboratories equipped with modern equipment.

    Students can develop skills needed for work in such areas as mechanical engineering, electronics, industrial automation, aviation industry and unmanned aircraft systems. The unique educational platform allows for practical classes to be held simultaneously for students from several colleges.

    Putin and Sobyanin opened an innovative practical platform in Rudnev

    The center has all the conditions for studying: each student has their own work place, and a coworking space is equipped for group projects. The territory has a canteen with free hot meals for students on a budget form of education and a cafe where dishes are prepared by students of the capital’s food colleges.

    Practical classes are conducted by 42 masters of industrial training from Moscow colleges and 40 specialists from industrial enterprises. Large companies are participating in the development of training programs, in particular the capital’s machine-building plants Avangard and Skorost, the joint-stock company Kronshtad, the developer and manufacturer of unmanned aerial vehicles and software for their autonomy Gaskar and many other organizations.

    The center also cooperates with the country’s leading engineering universities, including the Moscow State Technological University “Stankin” and the Moscow State Technical University named after N.E. Bauman. This allows students to obtain relevant knowledge and skills that meet the requirements of the modern labor market.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

    https: //vv.mos.ru/nevs/ite/151445073/

    MIL OSI Russia News

  • MIL-OSI Russia: Street lighting in Moscow switched to summer mode

    Translartion. Region: Russians Fedetion –

    Source: Moscow Government – Government of Moscow –

    Street lighting and architectural and artistic illumination in the capital have been switched to summer mode, reported the Deputy Mayor of Moscow for Housing and Public Utilities and Improvement Petr Biryukov.

    “The daylight hours are increasing, so we have made the necessary changes to the schedule of the city’s outdoor lighting. Street lighting and architectural and artistic lighting of buildings have been switched to summer mode – now they are turned on later and turned off earlier,” said Pyotr Biryukov.

    The specialists of the network control center of JSC United Energy Company are guided by the level of natural light and the established schedule. Sensors record the light flux in real time and, when a certain threshold is reached, send a corresponding signal. At the same time, in some cases, for example in cloudy weather, dispatchers can adjust the schedule, turning on the lighting earlier.

    Architectural and artistic lighting is turned on simultaneously with outdoor lighting, but is turned off gradually: at 23:00 – on residential buildings, at 00:00 – on administrative buildings, at 01:00 – at the entrances to the metro, and at 03:00 – on bridges in the center of the capital.

    Petr Biryukov emphasized that over the past 13 years, the level of illumination in Moscow has doubled, and the number of buildings with illumination has quadrupled. There are more than a million lamps in operation in the city, and thanks to the use of energy-saving technologies, electricity consumption is reduced.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

    https: //vv.mos.ru/nevs/ite/151450073/

    MIL OSI Russia News

  • MIL-OSI: Alectra’s Mike Matthews receives EDA “Chair’s Citation Award” for outstanding leadership and dedication to the electricity industry

    Source: GlobeNewswire (MIL-OSI)

    MISSISSAUGA, Ontario, March 18, 2025 (GLOBE NEWSWIRE) — Mike Matthews, Executive Vice President of Asset Strategy and Operations at Alectra Utilities, has been awarded the esteemed “Chair’s Citation Award” by the Electricity Distributors Association (EDA). This award recognizes Mike’s outstanding leadership, dedication and contributions to Ontario’s electricity sector over his 35-year career.

    Presented in memory of Dr. Robert H. Hay, the “Chair’s Citation Award” acknowledges individuals who have demonstrated exceptional service to the EDA and the electricity industry. Mike was celebrated for his commitment to advancing grid modernization, fostering industry collaboration, and driving innovation.

    “Mike has been influential in shaping the evolution of Ontario’s electricity industry,” said Brian Bentz, President and Chief Executive Officer, Alectra Inc. “His leadership, technical expertise, and dedication to strengthening our grid have not only benefited Alectra but have also helped drive meaningful progress across the sector. This recognition is well deserved and we congratulate Mike on this outstanding achievement.”

    Throughout his career, Mike has played a key role in major industry milestones, including the creation of Alectra Utilities in 2017 through the merger of five utilities. Over eight years at Alectra, he provided meaningful leadership in capital planning, grid modernization and developing Alectra’s distribution system plan – a cornerstone of the company’s future cost-of-service rate applications.

    Mike has also made significant contributions to the EDA, serving on the Board of Directors and as Chair of the Upper Canada District Executive. His leadership as Chair of the EDIST Organizing Committee from 2015 to 2022 helped shape one of the industry’s most important technical conferences, fostering dialogue on emerging technologies and best practices.

    Beyond his professional accomplishments, Mike has been a dedicated community leader, volunteering for 17 years with the Markham Waxers Minor Hockey Association. His passion for mentorship and community service has positively impacted young athletes and families in the region.

    “I am deeply honoured to receive this award from the EDA,” said Mike Matthews, Executive Vice President of Asset Strategy and Operations, Alectra Utilities. “Throughout my career, I’ve had the privilege of working with incredible colleagues, partners and industry leaders. This recognition reflects the collective efforts of so many dedicated individuals working to advance our industry.”

    Alectra congratulates Mike Matthews for his contributions in shaping the future of the energy sector.

    About Alectra Inc. Family of Companies

    Serving more than one million homes and businesses in Ontario’s Greater Golden Horseshoe area, Alectra Utilities is now the largest municipally-owned electric utility in Canada, based on the total number of customers served. We contribute to the economic growth and vibrancy of the 17 communities we serve by investing in essential energy infrastructure, delivering a safe and reliable supply of electricity, and providing innovative energy solutions.

    Twitter: https://twitter.com/alectranews

    Facebook: https://www.facebook.com/alectranews/

    Instagram: https://www.instagram.com/alectranews/?hl=en

    LinkedIn: https://www.linkedin.com/company/16178435/admin/

    Bluesky: https://bsky.app/profile/alectranews.bsky.social

    YouTube: https://www.youtube.com/alectranews

    Media Contact:

    Ashley Trgachef, Media Spokesperson
    ashley.trgachef@alectrautilities.com | Telephone: 416.402.5469 | 24/7 Media Line: 1.833.MEDIA-LN

    The MIL Network

  • MIL-OSI Asia-Pac: INTERNATIONAL CENTRE FOR AUTOMOTIVE TECHNOLOGY

    Source: Government of India

    Posted On: 18 MAR 2025 3:27PM by PIB Delhi

    International Centre for Automotive Technology (ICAT) has played a key role in advancing research and development within India’s automotive sector. It has successfully developed 27 innovative technologies, reflecting its commitment to excellence in automobile engineering. Additionally, ICAT holds 9 patents/ IPRs and 2 copyrights/ design registrations, highlighting its contributions to intellectual property in the automotive domain. ICAT’s experts have published over 50 technical papers in esteemed national and international forums. Furthermore, to strengthen the R&D ecosystem, ICAT has established over 40 Memorandums of Understanding (MoUs) with leading domestic and international automotive organizations and premier academia such as IIT-Kanpur, IIT-Roorkee, IIT-Hyderabad, CDAC, IDIADA-Spain, TUV Rhineland-Germany.

    ICAT has launched the ICAT incubation and acceleration centre for supporting startups in auto and allied domain. Additionally, ICAT is a board member in Automotive & Allied Research and Technology Innovations (AARTI) Foundation, a section-8 entity established with support from IIT-Roorkee, to support innovation and businesses in auto and allied domains, especially for startups and MSMEs. ICAT actively engages startups & MSMEs through workshops, seminars and webinars offering skilling and upskilling opportunities while serving as a technology and validation partner by providing technical and industry expertise.

    The Government of India has formulated various schemes to attract foreign investment in the heavy industry and automobile sectors. These schemes also aim to strengthen the position of India in global EV and hydrogen fuel cell market. The details are as under: –

    1. Production Linked Incentive (PLI) Scheme for Automobile and Auto Component Industry in India (PLI-Auto): Government has notified this scheme on 23.09.2021 for Automobile and Auto Component Industry for enhancing India’s manufacturing capabilities for Advanced Automotive Technology (AAT) products with a budgetary outlay of ₹25,938 crore. There are 41 approved foreign applicants in the scheme.
    2. Scheme to Promotion Manufacturing of Electric Passenger Cars in India (SPMEPCI): This scheme was notified on 15.03.2024 to promote the manufacturing of electric cars in India. Under this scheme, EV passenger cars (e-4W) can initially be imported with a minimum CIF value of USD 35,000, at a duty rate of 15% for a period of 5 years from the date of issuance of approval letter by MHI. This requires applicants to invest a minimum of ₹4,150 crore and achieve a minimum DVA of 25% at the end of third year and DVA of 50% at the end of fifth year.
    3. Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India (FAME India) Scheme Phase-II: The Government implemented this scheme for a period of five years from 01/04/2019 till 31/03/2024 with a total budgetary support of Rs.11,500 crore. There are foreign OEMs who had invested and were supported under the scheme.
    4. PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE)Scheme: This schemewith an outlay of Rs.10,900 crore was notified on 29th September, 2024. It is a two-year scheme w.e.f. 1st April, 2024 onwards, which aims to support EVs including e-2W, e-3W, e-Trucks, e-buses and e-Ambulances.  There are foreign OEMs who have invested and are supported under the scheme.
    5. National Green Hydrogen Mission (NGHM): The Ministry of New and Renewable Energy (MNRE) is implementing the National Green Hydrogen Mission, with an objective to make India a global hub of production, usage and export of Green Hydrogen and its derivatives. One of the objectives of the Mission is to support the deployment of Green Hydrogen as fuel in buses and trucks, in a phased manner on a pilot basis. MNRE issued the scheme guidelines for implementation of pilot projects for use of Green Hydrogen in the Transport Sector under the NGHM. Under this scheme, five pilot projects have been sanctioned consisting total of 37 vehicles (buses and trucks), and 9 hydrogen refuelling stations. As part of the Mission, the R&D Scheme Guidelines have been issued that include development of fuel cells as one of the key areas.

    This information was given by the Minister of State for Steel and Heavy Industries, Shri Bhupathiraju Srinivasa Varma in a written reply in the Lok Sabha today.

    ****

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    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: CURRENT STATUS OF FAME-II SCHEME

    Source: Government of India

    Posted On: 18 MAR 2025 3:26PM by PIB Delhi

    Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India (FAME India) Scheme Phase-II was implemented for a period of five years from 01.04.2019 with a total budgetary support of Rs.11,500 crore. The scheme incentivized sale of electric vehicles i.e. e-2Ws, e-3Ws & e-4Ws.  Further, grants for deployment of e-buses and setting up of EV public charging stations (EVPCS) were also provided under the scheme. The number of electric vehicles incentivized under the FAME India scheme Phase-II, as on 11.03.2025 are as under: –

    Sl. No.

    Segment

    No. of EVs for which incentive paid

    1

    e-2 wheelers

    14,28,009

    2

    e-3 wheelers

    1,64,523

    3

    e-4 wheelers

    22,548

     

    Total

    16,15,080

    Further, 6,862 electric buses were sanctioned to various cities/STUs/State Govt. entities for intra-city operations under the FAME-II Scheme. Out of 6,862 e-buses, 5,135 e-buses have been supplied till 28.02.2025.

    Further, under FAME-II scheme, MHI had sanctioned Rs.800 crore in March, 2023 to three Oil marketing companies (OMCs) namely Indian Oil Corporation Ltd. (IOCL), Bharat Petroleum Corporation Ltd. (BPCL) and Hindustan Petroleum Corporation Ltd. (HPCL) for setting up 7,432 public charging stations (PCS) at their Retail Outlets (ROs) across the country. Further, MHI sanctioned an additional Rs.73.50 crore for upgradation of 980 Public Charging stations in March, 2024. In addition, 400 charging stations have also been sanctioned which were allotted through EOI to other entities in various states.

    MHI is implementing following schemes on pan-India basis including for rural areas to strengthen electric vehicle (EV) ecosystem and accelerate adoption of electric vehicle in the country :

    i.     Production Linked Incentive (PLI) Scheme for Automobile and Auto Component Industry in India (PLI-Auto): The Government approved this scheme on 23.09.2021 for Automobile and Auto Component Industry in India for enhancing India’s manufacturing capabilities for advanced automotive technology (AAT) products with a budgetary outlay of Rs.25,938 crore. The scheme proposes financial incentives to boost domestic manufacturing of AAT products with minimum 50% Domestic Value Addition (DVA) and attract investments in the automotive manufacturing value chain.

    ii.    PLI Scheme for National Programme on Advanced Chemistry Cell (ACC) Battery Storage: The Government on 12.05.2021 approved PLI Scheme for manufacturing of ACC in the country with a budgetary outlay of Rs.18,100 crore. The scheme aims to establish a competitive domestic manufacturing ecosystem for 50 GWh of ACC batteries.

    iii.  PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme: This scheme with an outlay of Rs.10,900 crore was notified on 29.09.2024. It is a two-year scheme which aims to support electric vehicles including e-2W, e-3W, e-Trucks, e-buses, e-Ambulances, EV public charging stations and upgradation of vehicle testing agencies.

    iv.   PM e-Bus Sewa-Payment Security Mechanism (PSM) Scheme: This Scheme notified on 28.10.2024, has an outlay of Rs.3,435.33 crore and aims to support deployment of more than 38,000 electric buses. The objective of scheme is to provide payment security to e-bus operators in case of default by Public Transport Authorities (PTAs).

    v.    Scheme for Promotion of Manufacturing of Electric Passenger Cars in India (SPMEPCI) was notified on 15.03.2024 to promote the manufacturing of electric cars in India. This requires applicants to invest a minimum of Rs.4,150 crore and to achieve a minimum DVA of 25% at the end of the third year and DVA of 50% at the end of the fifth year.

    This information was given by the Minister of State for Steel and Heavy Industries, Shri Bhupathiraju Srinivasa Varma in a written reply in the Lok Sabha today.

    ****

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    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: IMPACT OF 10 GWh CAPACITY PROJECT

    Source: Government of India

    Posted On: 18 MAR 2025 3:24PM by PIB Delhi

    The Ministry of Heavy Industries (MHI) administers a Production Linked Incentive (PLI) Scheme namely “National Programme on Advanced Chemistry Cell (ACC) Battery Storage”. Under the scheme, the total outlay is ₹18,100 Crore for a capacity of 50 GWh for a period of 5 years after gestation period of 2 years. A total of 40GWh in two tranches has been allocated to four PLI beneficiaries. Further, as per recommendation of EGoS in July 2024, MHI initiated the process for finalizing bid documents for balance 10 GWh capacity for Grid Scale Stationary Storage (GSSS) applications in consultation with Ministry of New and Renewable Energy (MNRE). The details of the scheme may be seen at:https://heavyindustries.gov.in/pli-scheme-national-programme-advanced-chemistry-cell-acc-battery-storage. The objectives of the PLI ACC scheme are:

    1. Promoting indigenous manufacturing
    2. Enhancing cost competitiveness
    3. Boosting clean energy and sustainability
    4. Encouraging investment and innovation
    5. Developing a robust supply chain and generating employment and economic growth.
    6. Fostering local manufacturing to decrease dependence on imported batteries, supporting the broader goal of self-reliance in the energy sector.

    The “National Mission on Transformative Mobility and Battery Storage” is a government initiative in India which, inter-alia, aimed at accelerating the adoption of electric vehicles (EVs) and battery storage technologies by promoting manufacturing of Giga Scale battery manufacturing units.

    The scheme is creating ACC manufacturing ecosystem in the country by reducing battery costs, making EVs more affordable and accelerating adoption, enhancing energy storage solutions for renewable integration, improving grid stability and energy efficiency.

    This information was given by the Minister of State for Steel and Heavy Industries, Shri Bhupathiraju Srinivasa Varma in a written reply in the Lok Sabha today.

    ****

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    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Sahkar se Samriddhi

    Source: Government of India (2)

    Ministry of Cooperation

    Sahkar se Samriddhi

    Posted On: 18 MAR 2025 3:15PM by PIB Delhi

    To achieve the prosperity in the country through the mantra of “Sahakar Se Samriddhi” given by the Prime Minister, a pilot project to promote ‘Cooperation among Cooperatives’ was launched by Union Minister of Home and Cooperation on 21st May,2023 in Banaskantha and Panchmahal District Central Cooperative Banks (DCCBs) of Gujarat to promote all financial transactions of Primary Dairy Cooperative Societies (PDCSs) with Rural Cooperative Banks and to strengthen and make the cooperative sector Aatma Nirbhar. Activities taken up under the pilot project are as under:

    1. Dairy cooperative societies were made Bank Mitras of DCCBs: To ensure ease of doing business of PDCSs through digital financial transactions and to promote financial inclusion, micro-ATMs were given to these Bank Mitra PDCS with support from NABARD’s Financial Inclusion Fund (FIF) to provide doorstep financial services.
    2. Rupay KCC through DCCBs: To expand the business and reach of DCCBs and to provide necessary liquidity/credit to the members of dairy cooperative societies, RuPay Kisan Credit Cards (KCCs) were issued by DCCBs to the members of PDCS and other societies for providing timely credit at comparatively lower interest rates and enabling other financial transactions.
    3. Awareness about the campaign was created through Financial Literacy Camps (FLCs) which was also supported through FIF.

    On the basis of learnings during the pilot project, the campaign was expanded and launched in all districts of Gujarat from 15th January 2024. Achievements during the campaign in the state of Gujarat are provided below:-

    • Over 2,23,994 new RuPay KCCs were issued by DCCBs.
    • 6446 micro-ATMs were distributed to new Bank Mitra PDCS
    • 6529 Bank Mitras were enrolled
    • More than 23 lakh deposit accounts opened
    • Total amount deposited was Rs. 8329 crore

    A Standard Operating Procedure for the nation-wide implementation of the Campaign on ‘Cooperation among Cooperatives’ was launched on 19.09.2024.

    Ministry of Cooperation with active participation of various States/ UTs has taken various initiatives to revitalize and strengthen the cooperative sector across the country ensuring uniform development of Cooperative Societies across all the States, which are enclosed at Annexure. These initiatives also include the measures taken to strengthen cooperative societies in those States where the cooperative movement is not in good position at present.

    To enhance international market access for cooperative based products, Ministry of Cooperation has set up National Cooperative Export Limited (NCEL). NCEL will focus on exporting the surpluses available in the Indian cooperative sector by accessing wider markets beyond the geographical contours of the country, thereby, increasing the demand of Indian Cooperative products/services across the globe and fetch best possible prices for such products/services. It will promote exports through various activities including procurement, storage, processing, marketing, branding, labelling, packaging, certification, research and development, etc, and trading of all types of goods and services produced by cooperative societies. 8,863 cooperatives have become member of NCEL.

    *****

    ANNEXURE

    Progress on major initiatives taken by Ministry of Cooperation

    Ministry of Cooperation, since its inception on 6th July, 2021, has undertaken several initiatives to realize the vision of “Sahakar-se-Samriddhi” and to strengthen & deepen the cooperative movement from Primary to Apex level Cooperatives in the country. List of initiatives taken and progress made so far are as follows:

    A. Making Primary Cooperatives economically vibrant and transparent

    1. Model Bye-Laws for PACS making them multipurpose, multidimensional and transparent entities: Government, in consultation with all the stakeholders, including States/ UTs, National Level Federations, State Cooperative Banks (StCBs), District Central Cooperative Banks (DCCBs), etc., has prepared and circulated Model Bye-laws for PACS to all the States/ UTs, which enable PACS to undertake more than 25 business activities, improve governance, transparency and accountability in their operations. Provisions have also been made to make the membership of PACS more inclusive and broad-based, giving adequate representation to women and Scheduled Castes/Schedules Tribes. So far, 32 States/ UTs have adopted Model Bye-laws or their existing bye-laws are in line with Model Bye-laws.
      1. Strengthening of PACS through Computerization: In order to strengthen PACS, project for Computerization of functional PACS with a total financial outlay of ₹2,516 Crore has been approved by the Government of India, which entails bringing all functional PACS in the Country onto a common ERP based national software, linking them with NABARD through StCBs and DCCBs. A total of 67,930 PACS from 30 States/ UTs have been sanctioned under the project. A total of 50,455 PACS have been onboarded on ERP Software and hardware has been procured by 30 States/UTs.
      1. Establishing New Multipurpose PACS/ Dairy/ Fishery Cooperatives in covering all the Panchayats: The Government of India has approved the plan to establish new multipurpose PACS/dairy/fisheries cooperatives, aiming to cover all panchayats and villages in the country over the next five years. This initiative is supported by NABARD, NDDB, NFDB and State/UT Governments. For effective implementation of the initiative, ‘Margadarshika’ has been launched on 19.9.2024, indicating the targets and timelines for stakeholders. As per National Cooperative Database, a total of 12,957 new PACS, Dairy and Fishery Cooperative Societies have been registered as on 27.1.2025 across the country since the approval of the plan on 15.2.2023.
      1. World’s Largest Decentralized Grain Storage Plan in Cooperative sector: Government has approved a plan to create warehouses, custom hiring centers, primary processing units and other agri-infrastructure for grain storage at PACS level, through convergence of various GOI schemes, including AIF, AMI, SMAM, PMFME, etc. This will reduce wastage of food grains and transportation costs, enable farmers to realize better prices for their produce and meet various agricultural needs at the PACS level itself. Under the pilot project, construction of godowns in 11 PACS of 11 States has been completed.
      2. PACS as Common Service Centers (CSCs) for better access to e-services: An MoU has been signed between Ministry of Cooperation, MeitY, NABARD and CSC e-Governance Services India Limited for providing more than 300 e-services such as banking, insurance, Aadhar enrolment/ updation, health services, PAN card and IRCTC/ Bus/ Air ticket, etc. through PACS. So far, 42,080 PACS have started providing CSC services to rural citizens.
      1. Formation of new Farmer Producer Organizations (FPOs) by PACS: Government has allowed 1100 additional FPOs to be formed by PACS with the support of NCDC, in those blocks where FPOs have not yet been formed or the blocks are not covered by any other implementing agency. Against this allocation of 1100 blocks, 958 FPOs have been registered/ on-boarded as on 27.01.2025. Apart from this, 730 FPOs have already been formed by NCDC in cooperative sector. As on date, a total of 1,688 FPOs have been registered / on-boarded by NCDC in cooperative sector. This will be helpful in providing farmers with necessary market linkages and get fair and remunerative process for their produce.
      1. PACS given priority for Retail Petrol/ Diesel outlets: Government has allowed PACS to be included in the Combined Category 2 (CC2) for allotment of retail petrol/ diesel outlets. As per information received from Oil Marketing Companies (OMCs), 286 PACS from 25 States/UTs have applied online for retail petrol/ diesel outlets.
      1. PACS given permission to convert bulk consumer petrol pumps into retail outlets: The existing bulk consumer licensee PACS have been given a one-time option by Oil Marketing Companies to convert into retail outlets. As per information shared by OMCs, 116 wholesale consumer pump licensee PACS from 5 States have given consent for conversion into Retail Outlets, out of which 56 PACS have been commissioned by the OMCs.
      1. PACS eligible for LPG Distributorship for diversifying its activities: Government has now allowed PACS to apply for LPG Distributorships. This will give PACS an option to increase their economic activities and diversify their income stream. As of now, 2 PACS from the state of Jharkhand have applied for LPG distributorship under CC Category.
      1. PACS as PM Bharatiya Jan Aushadhi Kendra for improving access to generic medicines at rural level: PACS have been allowed to operate Pradhan Mantri Bhartiya JanaushadhiKendras (PMBJKs), which will provide additional income source to them and ease the access to quality generic medicines for rural citizens. So far, 4,523 PACS/ cooperative societies have applied online for PMBJKs, out of which 2,744 PACS have been given initial approval by Pharmaceutical & Medical Devices Bureau of India (PMBI) and 785 PACS have received drug license from State Drug Controllers and 716 PACS have got store codes from PMBI which are ready to function as PM Bhartiya Jan Aushadhi Kendras.
      1. PACS as Pradhan Mantri Kisan Samriddhi Kendras (PMKSK): PACS have been enabled to operate PMKSK for ensuring easy accessibility of fertilizer & related services to farmers in the country. As per the information shared by Department of Fertilizers (GOI) and States/ UTs, a total of 36,193 PACS are functioning as PMKSK.
      1. PACS to carry out O&M of rural piped water supply schemes (PWS): PACS have been made eligible to carry out the Operations & Maintenance (O&M) of PWS in rural areas. As per information received from States/ UTs, 934 PACS have been identified/ selected by 13 States/ UTs to provide O&M services at Panchayat/ Village level.
      1. Convergence of PM-KUSUM at PACS level: Farmers associated with PACS can adopt solar agricultural water pumps and install photovoltaic modules in their farms.
      2. Micro-ATMs to Bank Mitra Cooperative Societies for providing doorstep financial services: Dairy and Fisheries cooperative societies can be made Bank Mitras of DCCBs and StCBs. To ensure their ease of doing business, transparency and financial inclusion, Micro-ATMs are also being given to these Bank Mitra Co-operative Societies with support from NABARD to provide ‘Door-step Financial Services’. To facilitate effective implementation of the initiative, an SOP has been launched on 19th September 2024. So far, 8,322 Micro-ATMs have been distributed to Bank Mitra cooperative societies in Gujarat.
      1. Rupay Kisan Credit Card to Members of Milk Cooperatives: In order to expand the reach of DCCBs/ StCBs and to provide necessary liquidity to the members of Dairy Cooperative societies, Rupay Kisan Credit Cards (KCCs) are being distributed to the members of cooperatives for providing credit at comparatively lower interest rates and to enable them to carry out other financial transactions. To facilitate effective implementation of the initiative, an SOP has been launched on 19th September 2024. So far, 7,43,810 Rupay KCC have been distributed in the State of Gujarat.

    16. Formation of Fish Farmer Producer Organization (FFPO): In order to provide market linkage and processing facilities to fishermen, NCDC has registered 70 FFPOs in the initial phase. In addition, Department of Fisheries, Government of India has allocated the work of converting 1000 existing fisheries cooperative societies into FFPOs to National Cooperative Development Corporation. National Cooperative Development Corporation has identified 997 Primary Fisheries Cooperatives Societies to strengthen as FFPOs, with an approved outlay of Rs. 280.65 crore.

      1. White Revolution 2.0: The Ministry of Cooperation has launched an initiative to usher Cooperative-led “White Revolution 2.0” aimed at expanding cooperative coverage, employment generation and women’s empowerment with an objective “To increase the milk procurement of dairy cooperatives by 50% from the present level over next five years by providing market access to dairy farmers in uncovered areas and increasing the share of dairy cooperatives in organised sector.” The SOP for White Revolution 2.0 was launched on 19.11.2024 by Hon’ble Home & Cooperation Minister in presence of Hon’ble Minister of Fisheries, Animal Husbandry and Dairying. On 25.12.2024 Hon’ble Home & Cooperation Minister in the presence of Hon’ble Minister of Fisheries, Animal Husbandry and Dairying inaugurated 6,600 newly set up Dairy Cooperative Societies. So far, 8,294 DCSs have been registered in 27 States/UTs.
      2.  Atmanirbharta Abhiyan: Ministry of Cooperation has launched the initiative to incentivize production of pulses (tur, masur and urad) to reduce dependency on imports, and production of maize to be used for production of ethanol for meeting the goal of Ethanol Blending Programme (EBP) through National Cooperative Consumer Federation (NCCF) and National Agricultural Cooperative Marketing Federation of India (NAFED). Both have developed their own web portal i.e. e-samyukti and e-samridhi respectively for registration of farmers through cooperatives. Both have assured pre-registered farmers of tur, urad, masur and maize to procure 100% of their produce at Minimum Support Price (MSP). However, if market prices exceed the MSP, farmers are free to sell their produce in the open market. A total of 12,64,212 farmers have already registered on the e-samyukti portal of NCCF. Similarly, 6,75,178 farmers have registered themselves on the e-samridhi portal of NAFED.

    B. Strengthening the Urban and Rural Cooperative Banks

    1. Urban Cooperative Banks (UCBs) have been allowed to open new branches to expand their business: UCBs can now open new branches up to 10% (maximum 5 branches) of the existing number of branches in the previous financial year without prior approval of RBI.
    1. UCBs have been allowed by RBI to offer doorstep services to their customers: Door step banking facility can now be provided by UCBs. Account holders of these banks can now avail various banking facilities at home such as cash withdrawal, cash deposit, KYC, demand draft and life certificate for pensioners, etc.
    1. Cooperative banks have been allowed to make one-time settlement of outstanding loans, like Commercial Banks: Co-operative banks, through board-approved policies, can now provide the process for settlement with borrowers, along with technical write-off.
    1. Time limit increased to achieve Priority Sector Lending (PSL) targets given to UCBs: RBI has extended the timeline for UCBs to achieve Priority Sector Lending (PSL) targets by two years i.e., up to March 31, 2026.
    1. A Nodal Officer designated in RBI for regular interaction with UCBs: In order to meet the long pending demand of the cooperative sector for closer coordination and focused interaction, RBI has notified a nodal officer.

    24. Individual housing loan limit more than doubled by RBI for Rural and Urban Cooperative Banks:

      1. Housing loan limit of Urban Cooperative Banks has now been doubled from Rs. 30 lakhs to Rs.60 lakhs.
      2. Housing loan limit of Rural Cooperative Banks has been increased to two and a half times to Rs.75 lakhs.

    25. Rural Cooperative Banks will now be able to lend to commercial real estate/ residential housing sector, thereby diversifying their business: This will not only help Rural Cooperative Banks to diversify their business, but will benefit Housing cooperative societies also.

    1. License fee reduced for Cooperative Banks: License fee for onboarding Cooperative Banks to ‘Aadhaar Enabled Payment System’ (AePS) has been reduced by linking it to the number of transactions. Cooperative financial institutions will also be able to get the facility free of cost for the first three months of the pre-production phase. With this, farmers will now be able to get the facility of banking at their home with through biometrics.
    1. Non-scheduled UCBs, StCBs and DCCBs notified as Member Lending Institutions (MLIs) in CGTMSE Scheme to increase the share of cooperatives in lending: Cooperative banks will now be able to take advantage of risk coverage up to 85 percent on the loans given. Also, cooperative sector enterprises will also be able to get collateral free loans from cooperative banks now.
    1. Notification of Scheduling norms for including Urban Cooperative Banks: UCBs that meet the ‘Financially Sound and Well Managed’ (FSWM) criteria and have maintained the minimum deposits required for classification as Tier 3 for the last two years are now eligible to be included in Schedule II of the Reserve Bank of India Act, 1934 and get ‘Scheduled’ status.
    1. Monetary ceiling doubled by RBI for Gold Loan: RBI has doubled monetary ceiling from Rs. 2 lakhs to Rs.4 lakhs, for those UCBs that meet the PSL targets.
    1. Umbrella Organization for Urban Cooperative Banks: RBI has accorded approval to the National Federation of Urban Co-operative Banks and Credit Societies Ltd. (NAFCUB) for the formation of an Umbrella Organization (UO) for the UCB sector, which will provide necessary IT infrastructure and operational support to around 1,500 UCBs.

    C. Relief to Cooperative Societies in the Income Tax Act

    1. Surcharge reduced from 12% to 7% for co-operative societies having income between Rs. 1 to 10 Cr.: This will reduce the burden of Income Tax on Cooperative Societies and more capital will be available with them to work for the benefit of their members.
    1. MAT reduced for cooperatives from 18.5% to 15%: With this provision, now there is parity between Cooperative Societies and Companies in this regard.
    1. Relief in cash transactions under section 269ST of the Income Tax Act: In order to remove difficulties in cash transactions by cooperatives under Section 269ST of IT Act, Government has issued a clarification that cash transaction of less than Rs. 2 lakhs done by a cooperative society with its distributor in a day will be considered separately, and will not be charged with income tax penalty.
    2. Tax cut for new manufacturing Cooperative societies: Government has decided that a flat lower tax rate of 15% will be charged, compared to an earlier rate of up to 30% plus surcharge, for new cooperatives commencing manufacturing activities by March 31, 2024. This will encourage the formation of new cooperative societies in the manufacturing sector.
    1. Increase in limit of Cash Deposits and Cash Loans by PACS and PCARDBs: Government has enhanced the limit for Cash Deposits and Cash Loans by PACS and Primary Cooperative Agriculture and Rural Development Banks (PCARDBs) from Rs. 20,000 to Rs.2 lakh per member. This provision will facilitate their activities, increase their business and benefit members of their societies.
    1. Increase in the limit of Tax Deducted at Source (TDS) in Cash Withdrawal: Government has increased the cash withdrawal limit of cooperative societies without deduction of tax at source from Rs.1 crore to Rs.3 crore per year. This provision will save Tax Deducted at Source (TDS) for cooperative societies, which will enhance their liquidity.

    D. Revival of Cooperative Sugar Mills

    1. Relief from Income Tax to Sugar Cooperative Mills: Government has issued a clarification that cooperative sugar mills would not be subjected to additional income tax for paying higher sugarcane prices to farmers up to Fair and Remunerative or State Advised Price, from April, 2016 onwards.
    1. Resolution of decades old pending issues related to Income Tax of Sugar Cooperative Mills: Government has made a provision in its Union Budget 2023-24, wherein Sugar cooperatives have been allowed to claim as expenditure their payments to sugarcane farmers for the period prior to assessment year 2016–17, giving them a relief of more than Rs.46,000 crore.
    1. Rs.10,000 crore loan scheme launched for strengthening of Sugar Cooperative Mills: Government has launched a scheme through NCDC for setting up ethanol plants or cogeneration plants or for working capital or for all three purposes. So far, the Ministry has released Rs. 875 crore to NCDC (Rs. 500 crore in FY 2022-23 and Rs. 375 crore in FY 2024-25) under the scheme and as of now, NCDC has sanctioned 80 loans amounting to Rs.9,169.76 crore to 44 CSMs.
    1. Preference to Cooperative Sugar Mills in purchase of ethanol: Cooperative Sugar Mills have now been put at par with private companies for ethanol procurement by Government of India under the Ethanol Blending Programme (EBP).
    1. Strengthening of Cooperative Sugar Mills by converting their molasses-based ethanol plants into multi feed ethanol plants: Ministry of Cooperation has taken initiative in consultation with National Federation of Cooperative Sugar Factories Ltd. (NFCSFL) for conversion of existing molasses-based ethanol plants of CSMs into multi feed ethanol plants. The Cooperative Sugar Mills (CSMs) also produce ethanol from molasses and sugar syrup by installing ethanol production plants. However, the availability of raw material i.e., molasses and sugar syrup for production of ethanol is limited by many factors viz, Government Policy on diversion of sugarcane syrup, B heavy molasses for production of ethanol and duration of sugar cane crushing season and availability of sugarcane depending on rainfall, etc. On account of these limiting factors, the CSMs having ethanol plants are not able to operate them at full capacity round the year. The Government of India has prioritized maize for production of ethanol, therefore, it is prudent for CSMs to convert their existing ethanol production units into multi feed ethanol production units so that they are able to produce ethanol by using maize as raw material.
    1. Reduction in GST on molasses from 28% to 5%: Government has decided to reduce the GST on molasses from 28% to 5% which will enable cooperative sugar mills to earn more profits for their members by selling molasses to distilleries with higher margins.

    E. Three new National Level Multi-State Societies

    43. New National Multi-State Cooperative Seed Society for certified seeds: Government has established a new apex multi-state cooperative seed society under the MSCS Act, 2002, namely Bharatiya Beej Sahakari Samiti Limited (BBSSL) as an umbrella organization for quality seed cultivation, production and distribution under a single brand. During the Rabi 2024-25 season, 57 Varieties of 12 Crops were sown/ planted in 5,596 hectares. Similarly, during the Kharif 2024 season, 23 varieties of 8 Crops have been planted on 176.59 hectare of land. So far, 17,425 PACS/ Cooperative Societies have become members of BBSSL.

    1. New National Multi-State Cooperative Organic Society for organic farming: Government has established a new apex multi-state cooperative organic society under the MSCS Act, 2002, namely National Cooperative Organics Limited (NCOL) as an umbrella organization to produce, distribute and market certified and authentic organic products. So far, 5,184 PACS/ cooperative societies have become members of NCOL. NCOL has launched 13 products i.e., Whole Wheat Flour, Moong Dhuli, Moong Whole, Moog Chilka Dal, Moog Split, Arhar/ Toor Dal, Urad Whole, Urad Dal, Masoor Whole, Masoor Malka, Brown Chana, Rajma Chitra, Chana Dal under ‘Bharat Organics Brand’.
    1. New National Multi-State Cooperative Export Society for promoting exports: Government has established a new apex multi-state cooperative export society under the MSCS Act, 2002, namely National Cooperative Export Limited (NCEL) as an umbrella organization to give thrust to exports from cooperative sector. So far, 7,933 PACS/ cooperative societies have become members of NCEL. Till date, NCEL has achieved a total export quantity of commodities (rice, sugar, onion, wheat, maize and Jeera) of 12,52,083 Metric tonnes with an exported value of Rs. 5,099.24 crore.

    F. Capacity Building in Cooperatives

    1. Promotion of training and awareness through National Council for Cooperative Training (NCCT): By increasing its reach, NCCT has conducted 2,872 training programs and provided training to 2,35,060 participants till December 2024.

    G. Use of Information Technology for ‘Ease of Doing Business’

    1. Computerization of the Central Registrar’s Office: Central Registrar’s office has been computerized to create a digital ecosystem for Multi-State Cooperative Societies, which will assist in processing applications and service requests in a time bound manner.
    1. Scheme for computerization of office of RCSs in States/ Union Territories: To increase ‘ease of doing business’ for cooperative societies and create a digital ecosystem for transparent paperless regulation in all the States/ UTs, a Centrally Sponsored Project for Computerization of RCS Offices has been approved by the Government. Grants are provided for the purchase of hardware, development of software, etc. to the States/ UTs. So far, proposals received from 35 States/ UTs have been sanctioned by GOI.
    1. Computerization of Agriculture and Rural Development Banks (ARDBs): To strengthen the long-term cooperative credit structure, the project of computerization of 1,851 units of Agriculture and Rural Development Banks (ARDBs) spread across 13 States/ Union Territories has been approved by the Government. NABARD is the implementing agency for the project. So far, proposals from 10 States/UTs have been received and sanctioned. Further, GOI share amounting to Rs 5.08 crore has been released to 9 States/UTs in FY 2023-24 and FY 2024-25 for procurement of hardware, digitization and setting up of support system.

    H. Other Initiatives

    1. New National Cooperative Database for authentic and updated data repository: A database of cooperatives in the country has been prepared with the support of State Governments to facilitate stakeholders in policy making and implementation of programmes/ schemes related to cooperatives across the country. So far, data of more than

    8.2 lakh cooperatives across 30 sectors, with approximately 30 crore members, has been captured in the database.

    1. Cooperative Ranking Framework: The Government launched the Cooperative Ranking Framework on 24th January 2025 to rank cooperatives State-wise and sector-wise. The ranking framework enables State RCS to assess Cooperative Societies’ performance based on key parameters, including audit compliance, operational activities, financial performance, infrastructure, and basic identity information. The RCS of the States/ UTs, through login on NCD portal, can generate ranks of Cooperative Societies, initially of 7 major sectors namely PACS, Dairy, Fishery, Urban Cooperative Banks, Housing, Credit and Thrift, and Khadi and Gram Udyog. This ranking system aims to enhance transparency, reliability and competitiveness among cooperative societies, ultimately fostering their growth. Furthermore, top-performing cooperative societies in each sector will be recognized and honoured by the Ministry of Cooperation and respective State/ UT authorities, aligning with the objectives of the International Year of Cooperatives.
    1. International Year of Cooperatives – 2025 in India: The United Nations has declared 2025 as the International Year of Cooperatives (IYC 2025) to highlight the role of cooperatives in economic growth, social inclusion, and sustainability. The Ministry of Cooperation has developed an action plan in collaboration with National Cooperative Federations, State Governments, Central Ministries and other stakeholders emphasizing transparency, policy reforms, and rural economic transformation through PACS. Activities include training, board meetings, cooperative flag hoisting, exhibitions, and business expansion workshops at District, State, and National levels. To ensure effective execution, committees at national, state, and district levels have been formed. The National Execution Committee (NEC) and National Cooperative Committee (NCC) will oversee coordination and financial mobilization. State Apex Committees (SAC), along with State and District Cooperative Development Committees (SCDC & DCDC), will organize and manage State/ District/ Village level programs.
    1. Multi-State Co-operative Societies (Amendment) Act, 2023: Amendment has been brought in the MSCS Act, 2002 to strengthen governance, enhance transparency, increase accountability, reform electoral process and incorporate provisions of 97th Constitutional Amendment in the Multi State Cooperative Societies.
    1. Cooperative Ombudsman: Following the amendment in the Multi–State Cooperative Societies (MSCS) Act, 2002, Cooperative Ombudsman has been appointed under Section 85A of the said Act vide gazette notification dated 05.03.2024. The Ombudsman office is fully functional and deals with complaints or appeals, from members of the MSCS regarding their deposits, equitable benefits of the Multi–State Co-operative Society’s functioning or any other issue affecting the individual rights of the concerned member.
    1. Cooperative Election Authority (CEA): Following the amendment in the Multi–State Cooperative Societies (MSCS) Act, 2002, the Cooperative Election Authority has been set up to strengthen governance and accountability, with a mandate to conduct free and fair election in all MSCSs. Elections in more than 80 MSCS have been conducted successfully up to December, 2024.
    2. Inclusion of Cooperatives as ‘buyers’ on GeM portal: The Government has permitted cooperatives to register as ‘buyer’ on GeM, enabling them to procure goods and services from over 67 lakh vendors to facilitate economical purchases and greater transparency. So far, 574 cooperative societies have been onboarded on GeM as buyers.
    3. Expansion of National Cooperative Development Corporation (NCDC) to increase its range and depth: NCDC has launched new schemes in various sectors such as ‘Swayamshakti Sahkar’ for SHGs; ‘Deerghavadhi Krishak Sahkar’ for long term agricultural credit and ‘Dairy Sahkar’ for dairy. During the current FY 2024-25, so far, total financial assistance of Rs. 84,673.70 crores has been disbursed by NCDC.
    4. Financial assistance by NCDC for Deep Sea Trawlers: NCDC is providing financial assistance for projects related to deep sea trawlers in coordination with the Department of Fisheries, Government of India. NCDC has already sanctioned financial assistance of Rs.

    25.95 crore for purchase of total 44 deep sea trawlers for the Fisheries Cooperative Societies of Maharashtra and Gujarat State.

    1. National Cooperation Policy (NCP): The formulation of New National Cooperation Policy (NCP) has been envisaged to fulfil the mandate of the Ministry of Cooperation – “Sahakar se Samriddhi.” A National level committee was constituted on 2.9.2022 under Shri Suresh Prabhakar Prabhu with experts of the cooperative sector, representatives from National/ State/ District/ Primary level cooperative societies, Secretaries (Cooperation) and RCSs from States/ UTs and officers from Central Ministries/ Departments to formulate the New Cooperation Policy to provide a framework to unlock the true potential of the Cooperative sector. The Committee conducted four regional workshops throughout the country to elicit suggestions from stakeholders. The received suggestions have been incorporated into the draft policy appropriately. The draft policy has been prepared and is under finalization.
    2. Refund to Investors of Sahara Group of Societies: A portal has been launched for making payments to the genuine depositors of the cooperative societies of Sahara Group in a transparent manner. Disbursements have already started after proper identification and submission of proof of their deposits and claims. So far, Rs. 2,025.75 crores have been disbursed to 11.61 lakh applicants.

    This was stated by the Minister of Cooperation, Shri Amit Shah in a written reply to a question in the Lok Sabha.

    ****

    RK/VV/ASH/RR/PR/PS

    (Release ID: 2112225)

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Union Minister of State for Health and Family Welfare, Smt. Anupriya Patel inaugurates the India Innovation Summit – Pioneering Solutions to End TB

    Source: Government of India (2)

    Union Minister of State for Health and Family Welfare, Smt. Anupriya Patel inaugurates the India Innovation Summit – Pioneering Solutions to End TB

    Under the visionary leadership of Prime Minister Shri Narendra Modi, India has embraced a multi-sectoral, innovation-driven approach to eliminating TB: Smt. Patel

    “The number of missing cases reduced from 15 lakh in 2015 to 2.5 lakhs in 2023; 25.5 lakh TB cases in 2023 and 26.07 lakh cases in 2024 notified, marking the highest no. of notified cases ever”

    “17.7% decline in incidence rate of TB in India, from 237 per lakh population in 2015 to 195 per lakh population in 2023; TB deaths reduced by 21.4% from 28 per lakh population in 2015 to 22 per lakh population in 2023”

    “Innovations are crucial for TB elimination, offering faster and more accurate diagnostics, improved treatment regimens, and better prevention strategies”

    India is resolved to eliminate 5 diseases in the coming 5 years that include: Leprosy, Lymphatic filariasis, Measles, Rubella and Kala-azar: Dr. VK Paul, Member, NITI Aayog

    Posted On: 18 MAR 2025 2:01PM by PIB Delhi

    Union Minister of State for Health and Family Welfare, Smt. Anupriya Patel inaugurated the India Innovation Summit – Pioneering Solutions to End TB, at Bharat Mandapam Convention Centre, here today. The Summit is being organized jointly by the Department of Health Research-Indian Council of Medical Research (DHR-ICMR) and the Central TB Division (CTD), Ministry of Health & Family Welfare (MoHFW). The summit aims to accelerate India’s progress towards TB elimination by 2025.

    Addressing the gathering, Smt. Anupriya Patel highlighted India’s remarkable progress in TB control and the pivotal role of innovation in this mission. She stated that “under the pathbreaking leadership of our Hon’ble Prime Minister, Shri Narendra Modi, India’s public health landscape has seen a remarkable transformation over the past decade and many of you have played a critical role in ensuring innovations and quality healthcare services reach the last mile.”

    Highlighting the achievements of the National TB Elimination Program (NTEP), Smt. Patel stated that “the Program is steadily progressing towards the goal of eliminating TB by 2025. The number of missing cases has been reduced from 15 lakh in 2015 to 2.5 lakhs in 2023. The programme was able to notify 25.5 lakh TB and 26.07 lakh cases in 2023 and 2024-the highest ever.”

    Citing the WHO’s Global TB Report 2024, Smt. Patel stated that “the incidence rate of TB in India has shown a 17.7% decline from 237 per lakh population in 2015 to 195 per lakh population in 2023. TB deaths have reduced by 21.4% from 28 per lakh population in 2015 to 22 per lakh population in 2023.” She also added that “TB treatment coverage in India increased by 32% in last eight years from 53% in 2015 to 85% in 2023.”

    The Union Minister of State also highlighted the new initiatives under NTEP.  She stated that “a shorter and safer oral Bedaquiline-containing drug resistant TB treatment regimen has been rolled out across all State/ UTs that has improved treatment success rates of drug-resistant TB patients from 68% in 2020 to 75% in 2022. A more efficacious treatment regimen, mBPaL (Bedaquiline, Pretomanid, Linezolid (300mg) has also been introduced for drug-resistant TB which is 80% more efficacious for multidrug-resistant tuberculosis (MDR TB)  and will reduce treatment duration to 6 months.”

    She also highlighted the Energy Dense Nutritional Support (EDNS), offered to under-nourished TB patients during the first 2 months of their treatment along with drugs. Talking about the Ni-kshay Mitra Initiative that was launched with the objectives to provide additional support to TB patients in order to improve treatment outcomes, augment community involvement and leverage Corporate Social Responsibility (CSR) activities, Smt. Patel stated that “this initiative was launched to bring together people from all backgrounds into a ‘Jan Andolan’ and escalate the progress toward TB elimination.” She further added that “the Government has doubled the financial assistance under Ni-kshay Poshan Yojana (NPY) for nutritional support to TB patients from Rs 500/per month/per patient to Rs 1,000 per month per patient effective from 1st November 2024 while the Ni-kshay Mitra Initiative has also been expanded wherein food baskets to TB patients and their household contacts are being provided.

    In addition to this, Smt. Patel also underscored the progress of the ongoing TB Mukt Bharat– 100 Days Intensified Campaign. Launched on 7th December 2024, the campaign covers 455 selected high priority districts and involves a comprehensive strategy to mobilise resources, raise awareness and intensify actions against TB across all prioritized districts. The campaign activities involve active TB case finding in vulnerable populations, early diagnosis, prompt treatment initiation and linkage to nutritional care. The report of the campaign will be released on World TB Day on 24th March 2025.

    Underlining the new Innovations rolled out under the program, Smt. Patel stated that “ICMR has validated three indigenous handheld X ray devices, which makes it possible to reach vulnerable population groups for TB screening. Hand-held devices offer advantages of low weight, portability, and low radiation exposure and are being used in the 100-day accelerated programme.” She also added that “ICMR partnered with Institute of Plasma Research, Ahmedabad, to develop DeepCXR, a tool for artificial intelligence-based reporting chest X ray films.  AI tools are expected to be a gamechanger in detecting presumptive TB patients and quick initiation of treatment.  ICMR also validated CyTb skin test for detection of latent TB infection, developed by Serum Institute of India Ltd. against Interferon gamma release assay (IGRA), which is the preferred test for latent TB detection. However, IGRA is expensive and it may not be feasible to be introduced in resource limited countries. Overall performance of CyTb was better than the currently used tuberculin skin test.”

    Smt. Patel further added that “ICMR conducted a multicentric validation of PathoDetectTM an indigenous molecular diagnostic NAAT test which can perform 32 tests simultaneously, detects MTB complex and first line drug resistance to rifampicin (RIF) and Isoniazid (INH) simultaneously as a one step process. Overall, the performance of PathoDetectTM was comparable to other molecular assays. Deployment of this test in the 100-day program, along with the already available TruNat test, has enhanced capacity of molecular diagnosis of TB and early detection of drug resistance. Moreover, the Quantiplus MTB FAST Detection Kit developed by Huwel Lifesciences is the first in world indigenous open system RTPCR kits developed in India and validated by ICMR. In comparison to the gold standard liquid culture, sensitivity of the kit is 86 % and specificity is 96 %. These kits are likely to be low-cost and have a potential to expand the outreach of TB molecular testing, including more than 3300 RTPCR machines used during the COVID-19 pandemic.”

    “Health Technology Assessment India under Department of Health Research has assessed the TB health Technologies like Truenat for TB diagnosis, BPAL/BPALM regime for MDR TB, Techo plus for tracking and managing TB health services, AI enabled chest X-ray diagnosis and TMEAD an adherence monitoring device for TB treatment”, she further added.

    Underlining the role of innovations in TB elimination, Smt. Patel stated that “innovations are crucial for TB elimination, offering faster and more accurate diagnostics, improved treatment regimens, and better prevention strategies. Use of digital health, artificial intelligence, data collection and health promotion will also play a critical role in reaching the “missing millions” of people with TB who go undiagnosed, and therefore untreated, each year.” In her concluding remarks, she encouraged all innovators “to continue their endeavour to develop useful tools for introduction into the program and help achieve the goal of TB elimination.”

    In his address, Dr. V. K Paul, Member NITI Aayog, stated that “the event is an important step in the direction of innovation-led push in achieving the goal of elimination of TB. The Summit is bringing together pioneers in TB research and technology to translate ideas into impactful solutions.

    He stated that “India has achieved tremendous success in the direction of eliminating TB under the leadership of Prime Minister Shri Narendra Modi.” India is resolved to eliminate 5 diseases in the coming 5 years that include: Leprosy, Lymphatic filariasis, Measles, Rubella and Kala-azar, he further stated.

    Dr. Paul also underlined the need of advanced and better tools for diagnosis of drug-resistant TB and underlined the potential of AI to provide solutions for TB detection and elimination. He further stated that for elimination of TB, technology that can be taken to scale is of high priority along with facilitation of newer technologies and their approval while ensuring funding for important innovations and identify areas for further research.

    He concluded his remarks by stating that “India’s efforts for TB elimination are truly global that will be beneficial globally”. He put emphasis on the need of bringing innovative ideas to the forefront that can “bring speed and scale to TB elimination and added that the summit will also help facilitate spin-offs for elimination of other diseases from the country.

    Speaking on the occasion, Dr. Rajiv Bahl, Secretary, DHR & Director General, ICMR, highlighted the transformative role of research and indigenous technologies in India’s TB elimination effort. Emphasizing the role of technology in detection, treatment, rehabilitation and prevention of TB, he stated that “scientific advancements have been at the forefront of our fight against TB. Through rigorous research, we have validated innovative diagnostics, treatment regimens, and AI-based tools that enhance early detection and improve patient outcomes.” He added that “the summit serves as a crucial platform to bring together stakeholders and fast-track the adoption of these solutions into national TB programs.” He underlined the crucial role played by homegrown innovations benefit not only India but also contribute to the global TB elimination mission.

    The one-and-a-half-day summit features over 200 groundbreaking innovations, including handheld X-ray devices for rapid TB screening, AI-powered diagnostic tools, and new molecular testing technologies. The event provides a platform for innovators to engage with policymakers, regulators, and experts, ensuring that promising solutions are integrated into national TB programs.

    With over 1,200 participants from academia, industry, healthcare, and research, the summit aims to foster crucial collaborations. A key focus is identifying innovations with potential for large-scale implementation and linking them with government initiatives for further development. The India Innovation Summit reaffirms the government’s unwavering commitment to eradicating TB by 2025, leveraging scientific advancements and community-driven efforts to accelerate progress toward this ambitious goal.

    More than 200 innovations shaping India’s fight against TB to be showcased at an exhibition along with over 30 scientific sessions on innovations, lectures, roundtable and panel discussions during the summit.

    Former Secretary DHR and DG ICMR Dr Soumya Swaminathan, Joint Secretary DHR Ms Anu Nagar, Sr DDG (Admin) ICMR MS Manisha Saxena and other senior officials and scientists from the Ministry and ICMR also participated in the summit. Among the global participants, Dr. Trevor Mundel, President, Global Health, Gates Foundation and Prof. Guy Marks (the Union) marked their presence at the inaugural event.

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    MV

    HFW/MoS inaugurates India Innovation Summit- Pioneering Solutions to End TB /18March2025/1

    (Release ID: 2112158) Visitor Counter : 28

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Buildings Energy Efficiency (Amendment) Bill 2025 to be gazetted

    Source: Hong Kong Government special administrative region

    Buildings Energy Efficiency (Amendment) Bill 2025 to be gazetted 
    The spokesperson said, “The Amendment Bill seeks to enhance the buildings energy efficiency management regime of Hong Kong. It improves the energy efficiency of buildings to reduce the demand for power consumption and generation, which will not only reduce carbon emissions but also lessen the financial burden on the public for the increased use of clean fuels for electricity generation, thereby assisting Hong Kong to achieve carbon neutrality by 2050.”
     
    The Amendment Bill contains five parts, namely regulating the energy efficiency standards of building services installations for all data centres in Hong Kong; requiring more types of buildings to conduct regular energy audits; shortening the intervals of energy audits; disclosing certain technical information in energy audit reports; and including more qualifications eligible for registration as Registered Energy Assessors. If the Amendment Bill is passed by the Legislative Council (LegCo) and implemented in full, it is estimated that an additional 500 million kilowatt-hours of electricity, equivalent to the annual electricity consumption of about 150 000 three-person households, could be saved in 2035.
     
    The spokesperson added, “The proposed amendments to the Ordinance aims to achieve a win-win scenario of saving electricity cost for buildings, reducing carbon emission, and boosting the development of green economy.”
     
    The EEB has extensively consulted relevant stakeholders on the legislative amendment proposals, which include trade associations, the property management sector, the construction industry, professional bodies, public services bodies, and the LegCo Panel on Environmental Affairs. The views received have been incorporated into the Amendment Bill as appropriate. Stakeholders generally support the proposals.
     
    The Amendment Bill will be introduced into the LegCo for first reading and commencement of the second reading debate on March 26. The Government will fully support the work of the LegCo in scrutinising the Amendment Bill and looks forward to the LegCo’s support and passage of the Amendment Bill.
    Issued at HKT 15:08

    NNNN

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Building energy efficiency mooted

    Source: Hong Kong Information Services

    The Buildings Energy Efficiency (Amendment) Bill 2025 will be published in the Gazette on Friday, seeking to enhance Hong Kong’s buildings energy efficiency management regime and lessen the financial burden on the public.

    The Environment & Ecology Bureau noted that the proposed amendments aim to achieve a win-win scenario of saving electricity costs for buildings, reducing carbon emissions and boosting the development of a green economy.

    The amendment bill contains five parts – regulating the energy efficiency standards of building services installations for all data centres in Hong Kong; requiring more types of buildings to conduct regular energy audits; shortening the intervals of energy audits; disclosing certain technical information in energy audit reports; and including more qualifications eligible for registration as Registered Energy Assessors.

    The bureau said if the amendment bill is passed by the Legislative Council and implemented in full, it is estimated that an additional 500 million kilowatt-hours of electricity, equivalent to the annual electricity consumption of about 150,000 three-person households, could be saved in 2035.

    The amendment bill will be introduced into LegCo for first reading and the commencement of second reading debate on March 26.

    MIL OSI Asia Pacific News

  • MIL-OSI: NBPE Announces February Monthly NAV Estimate

    Source: GlobeNewswire (MIL-OSI)

    THE INFORMATION CONTAINED HEREIN IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO AUSTRALIA, CANADA, ITALY, DENMARK, JAPAN, THE UNITED STATES, OR TO ANY NATIONAL OF SUCH JURISDICTIONS

    St Peter Port, Guernsey   18 March 2025

    NB Private Equity Partners (NBPE), the $1.2bn1, FTSE 250, listed private equity investment company managed by Neuberger Berman, today announces its 28 February 2025 monthly NAV estimate.

    NAV Highlights (28 February 2025)

    • NAV per share was $27.16 (£21.57), a total return of 0.2% in the month
    • Approximately 87% of fair value based on private company valuation information as of Q4 2024 or based on 28 February 2025 quoted prices
    • Based on information received so far, private company valuations increased by 3.1% during Q4 2024 on a constant currency basis
    • NBPE expects to receive additional updated Q4 2024 financial information which will be incorporated in the monthly NAV updates in the coming weeks
    • $279 million of available liquidity at 28 February 2025
    • ~220k shares repurchased during February 2025 at a weighted average discount of 27% which were accretive to NAV by ~$0.04 per share. Year to date, NBPE has repurchased ~359k at a weighted average discount of 28% which were accretive to NAV by ~$0.06 per share
    As of 28 February 2025 Year to Date One Year 3 years 5 years 10 years
    NAV TR (USD)*
    Annualised
    2.7% 1.6% (0.2%)
    (0.1%)
    72.3%
    11.5%
    165.3%
    10.3%
    MSCI World TR (USD)*
    Annualised
    2.8% 16.1% 35.8%
    10.7%
    96.4%
    14.5%
    168.9%
    10.4%
               
    Share price TR (GBP)*
    Annualised
    1.6% (0.1%) 11.3%
    3.6%
    77.8%
    12.2%
    205.5%
    11.8%
    FTSE All-Share TR (GBP)*
    Annualised
    6.9% 18.4% 27.7%
    8.5%
    53.4%
    8.9%
    82.7%
    6.2%

    * All NBPE performance figures assume re-investment of dividends on the ex-dividend date and reflect cumulative returns over the relevant time periods shown. Three-year, five-year and ten-year annualised returns are presented for USD NAV, MSCI World (USD), GBP Share Price and FTSE All-Share (GBP) Total Returns.

    Portfolio Update to 28 February 2025

    NAV performance during the month driven by:

    • 0.3% NAV increase ($3 million) from the value of quoted holdings (which now constitute 6% of portfolio fair value)
    • 0.1% NAV decrease ($2 million) attributable to expense accruals
    • Immaterial NAV change from new private company valuation information and changes in FX

    $29 million of realisations in 2025 year to date

    • $26 million of realisations received during the month of February, consisting primarily of exit proceeds from NBPE’s investment in USI and a partial realisation in Tendam

    $279 million of total liquidity at 28 February 2025

    • $69 million of cash and liquid investments with $210 million of undrawn credit line available

    2025 Share Buybacks

    • ~220k shares repurchased in February 2025 at a weighted average discount of 27%; buybacks were accretive to NAV by ~$0.04 per share
    • On 19 February 2025, NBPE’s board announced that it had reserved $120 million for buybacks over the next three years
    • Year to date, NBPE has repurchased ~359k at a weighted average discount of 28% which were accretive to NAV by ~$0.06 per share

    Portfolio Valuation

    The fair value of NBPE’s portfolio as of 28 February 2025 was based on the following information:

    • 6% of the portfolio was valued as of 28 February 2025
      • 6% in public securities
    • 81% of the portfolio was valued as of 31 December 2024
      • 81% in private direct investments
    • 13% of the portfolio was valued as of 30 September 2024
      • 13% in private direct investments

    For further information, please contact:

    NBPE Investor Relations        +44 (0) 20 3214 9002
    Luke Mason        NBPrivateMarketsIR@nb.com  

    Kaso Legg Communications        +44 (0)20 3882 6644

    Charles Gorman        nbpe@kl-communications.com
    Luke Dampier
    Charlotte Francis

    Supplementary Information (as at 28 February 2025)

    Company Name Vintage Lead Sponsor Sector Fair Value ($m) % of FV
    Action 2020 3i Consumer 74.8 5.9%
    Osaic 2019 Reverence Capital Financial Services 68.9 5.4%
    Solenis 2021 Platinum Equity Industrials 60.0 4.7%
    BeyondTrust 2018 Francisco Partners Technology / IT 50.0 3.9%
    Monroe Engineering 2021 AEA Investors Industrials 42.6 3.3%
    Business Services Company* 2017 Not Disclosed Business Services 40.1 3.1%
    Branded Cities Network 2017 Shamrock Capital Communications / Media 39.2 3.1%
    GFL (NYSE: GFL) 2018 BC Partners Business Services 35.5 2.8%
    Mariner 2024 Leonard Green & Partners Financial Services 34.8 2.7%
    FDH Aero 2024 Audax Group Industrials 33.0 2.6%
    True Potential 2022 Cinven Financial Services 32.2 2.5%
    Staples 2017 Sycamore Partners Business Services 31.6 2.5%
    Marquee Brands 2014 Neuberger Berman Consumer 31.2 2.4%
    Fortna 2017 THL Industrials 28.7 2.3%
    Auctane 2021 Thoma Bravo Technology / IT 28.7 2.3%
    Viant 2018 JLL Partners Healthcare 27.1 2.1%
    Stubhub 2020 Neuberger Berman Consumer 26.5 2.1%
    Benecon 2024 TA Associates Healthcare 26.0 2.0%
    Agiliti 2019 THL Healthcare 25.3 2.0%
    Solace Systems 2016 Bridge Growth Partners Technology / IT 24.4 1.9%
    Engineering 2020 NB Renaissance / Bain Capital Technology / IT 24.1 1.9%
    Addison Group 2021 Trilantic Capital Partners Business Services 23.8 1.9%
    Kroll 2020 Further Global / Stone Point Financial Services 23.6 1.8%
    Qpark 2017 KKR Transportation 22.0 1.7%
    Excelitas 2022 AEA Investors Industrials 21.9 1.7%
    CH Guenther 2021 Pritzker Private Capital Consumer 21.4 1.7%
    Exact 2019 KKR Technology / IT 21.4 1.7%
    AutoStore (OB.AUTO) 2019 THL Industrials 19.5 1.5%
    Bylight 2017 Sagewind Partners Technology / IT 19.5 1.5%
    Real Page 2021 Thoma Bravo Technology / IT 18.5 1.5%
    Total Top 30 Investments                             $976.2 76.5%

    *Undisclosed company due to confidentiality provisions.

    Geography % of Portfolio
    North America 78%
    Europe 21%
    Asia / Rest of World 1%
    Total Portfolio 100%
       
    Industry % of Portfolio
    Tech, Media & Telecom 23%
    Consumer / E-commerce 21%
    Industrials / Industrial Technology 17%
    Financial Services 14%
    Business Services 12%
    Healthcare 8%
    Other 4%
    Energy 1%
    Total Portfolio 100%
       
    Vintage Year % of Portfolio
    2016 & Earlier 10%
    2017 16%
    2018 15%
    2019 14%
    2020 12%
    2021 18%
    2022 5%
    2023 2%
    2024 8%
    Total Portfolio 100%

    About NB Private Equity Partners Limited
    NBPE invests in direct private equity investments alongside market leading private equity firms globally. NB Alternatives Advisers LLC (the “Investment Manager”), an indirect wholly owned subsidiary of Neuberger Berman Group LLC, is responsible for sourcing, execution and management of NBPE. The vast majority of direct investments are made with no management fee / no carried interest payable to third-party GPs, offering greater fee efficiency than other listed private equity companies. NBPE seeks capital appreciation through growth in net asset value over time while paying a bi-annual dividend.

    LEI number: 213800UJH93NH8IOFQ77

    About Neuberger Berman
    Neuberger Berman is an employee-owned, private, independent investment manager founded in 1939 with over 2,800 employees in 26 countries. The firm manages $508 billion of equities, fixed income, private equity, real estate and hedge fund portfolios for global institutions, advisors and individuals. Neuberger Berman’s investment philosophy is founded on active management, fundamental research and engaged ownership. The firm’s leadership in stewardship and sustainable investing is recognized by the PRI based on its consecutive above median reporting assessment results. Neuberger Berman has been named by Pensions & Investments as the #1 or #2 Best Place to Work in Money Management for each of the last eleven years (firms with more than 1,000 employees). Visit www.nb.com for more information. Data as of 31 December 2024, unless otherwise noted.


    1Based on net asset value.

    This press release appears as a matter of record only and does not constitute an offer to sell or a solicitation of an offer to purchase any security.

    NBPE is established as a closed-end investment company domiciled in Guernsey. NBPE has received the necessary consent of the Guernsey Financial Services Commission. The value of investments may fluctuate. Results achieved in the past are no guarantee of future results. This document is not intended to constitute legal, tax or accounting advice or investment recommendations. Prospective investors are advised to seek expert legal, financial, tax and other professional advice before making any investment decision. Statements contained in this document that are not historical facts are based on current expectations, estimates, projections, opinions and beliefs of NBPE’s investment manager. Such statements involve known and unknown risks, uncertainties and other factors, and undue reliance should not be placed thereon. Additionally, this document contains “forward-looking statements.” Actual events or results or the actual performance of NBPE may differ materially from those reflected or contemplated in such targets or forward-looking statements.

    Attachment

    The MIL Network

  • MIL-Evening Report: Renewables are cheap. So why isn’t your power bill falling?

    Source: The Conversation (Au and NZ) – By Tony Wood, Program Director, Energy, Grattan Institute

    Steve Tritton/Shutterstock

    Power prices are set to go up again even though renewables now account for 40% of the electricity in Australia’s main grid – close to quadruple the clean power we had just 15 years ago. How can that be, given renewables are the cheapest form of newly built power generation?

    This is a fair question. As Australia heads for a federal election campaign likely to focus on the rising cost of living, many of us are wondering when, exactly, cheap renewables will bring cheap power.

    The simple answer is – not yet. While solar and wind farms produce power at remarkably low cost, they need to be built where it’s sunny or windy. Our existing transmission lines link gas and coal power stations to cities. Connecting renewables to the grid requires expensive new transmission lines, as well as storage for when the wind isn’t blowing or the sun isn’t shining.

    Notably, Victoria’s mooted price increase of 0.7% was much lower than other states, which would be as high as 8.9% in parts of New South Wales. This is due to Victoria’s influx of renewables – and good connections to other states. Because Victoria can draw cheap wind from South Australia, hydroelectricity from Tasmania or coal power from New South Wales through a good transmission line network, it has kept wholesale prices the lowest in the national energy market since 2020.

    While it was foolish for the Albanese government to promise more renewables would lower power bills by a specific amount, the path we are on is still the right one.

    That’s because most of our coal plants are near the end of their life. Breakdowns are more common and reliability is dropping. Building new coal plants would be expensive too. New gas would be pricier still. And the Coalition’s nuclear plan would be both very expensive and arrive sometime in the 2040s, far too late to help.

    Renewables are cheap, building a better grid is not

    The reason solar is so cheap and wind not too far behind is because there is no fuel. There’s no need to keep pipelines of gas flowing or trainloads of coal arriving to be burned.

    But sun and wind are intermittent. During clear sunny days, the National Energy Market can get so much solar that power prices actually turn negative. Similarly, long windy periods can drive down power prices. But when the sun goes down and the wind stops, we still need power.

    This is why grid planners want to be able to draw on renewable sources from a wide range of locations. If it’s not windy on land, there will always be wind at sea. To connect these new sources to the grid, though, requires another 10,000 kilometres of high voltage transmission lines to add to our existing 40,000 km. These are expensive and cost blowouts have become common. In some areas, strong objections from rural residents are adding years of delay and extra cost.

    So while the cost of generating power from renewables is very low, we have underestimated the cost of getting this power to markets as well as ensuring the power can be “firmed”. Firming is when electricity from variable renewable sources is turned into a commodity able to be turned on or off as needed and is generally done by storing power in pumped hydro schemes or in grid-scale batteries.

    In fact, the cost of transmission and firming is broadly offsetting the lower input costs from renewables.

    Transmission lines are essential – but building them is sometimes fraught.
    Naohisa goto/Shutterstock

    Does this mean the renewable path was wrong?

    At both federal and state levels, Labor ministers have made an error in claiming renewables would directly translate to lower power prices.

    But consider the counterpoint. Let’s say the Coalition gets in, rips up plans for offshore wind zones and puts the renewable transition on ice. What happens then?

    Our coal plants would continue to age, leading to more frequent breakdowns and unreliable power, especially during summer peak demand. Gas is so expensive as to be a last resort. Nuclear would be far in the future. What would be left? Quite likely, expensive retrofits of existing coal plants.

    If we stick to the path of the green energy transition, we should expect power price rises to moderate. With more interconnections and transmission lines, we can accommodate more clean power from more sources, reducing the chance of price spikes and adding vital resilience to the grid. If an extreme weather event takes out one transmission line, power can still flow from others.

    Storing electricity will be a game-changer

    Until now, storing electricity at scale for later use hasn’t been possible. That means grid operators have to constantly match supply and demand. To cope with peak demand, such as a heatwave over summer, we have very expensive gas peaking plants which sit idle nearly all the time.

    Solar has only made the challenge harder, as we get floods of solar at peak times and nothing in the evening when we use most of our power. Our coal plants do not deal well with being turned off and on to accommodate solar floods.

    The good news is, storage is solving most of these problems. Being able to keep hours or even days of power stored in batteries or in elevated reservoirs at hydroelectric plants gives authorities much more flexibility in how they match supply and demand.

    We will never see power “too cheap to meter”, as advocates once said of the nuclear industry. But over time, we should see price rises ease.

    For our leaders and energy authorities, this is a tricky time. They must ensure our large-scale transmission line interconnectors actually get built, juggle the flood of renewables, ensure storage comes online, manage the exit of coal plants and try not to affect power prices. Pretty straightforward.

    Tony Wood’s superannuation fund may have shares in companies positively or negatively affected by the issues covered in this article.

    ref. Renewables are cheap. So why isn’t your power bill falling? – https://theconversation.com/renewables-are-cheap-so-why-isnt-your-power-bill-falling-252391

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI Australia: Minns Government seeks energy bill relief for cyclone region

    Source: New South Wales Government 2

    Headline: Minns Government seeks energy bill relief for cyclone region

    Published: 18 March 2025

    Released by: Minister for Energy and Climate Change, Minister for the North Coast, Minister for Small Business


    The Minns Labor Government has written to energy companies asking them to defer electricity bills and waive a fee for NSW households and businesses hit by ex-Tropical Cyclone Alfred, to further ease the pressure on those recovering from the natural disaster.

    Residents and business owners in northern NSW have experienced substantial disruptions to their power supply due to ex-Tropical Cyclone Alfred. It delivered heavy rain and severe winds to large areas of Northern NSW, causing extensive damage to the area’s electricity distribution network.

    A total of 84,000 homes and businesses experienced power outages across various communities from Tweed Heads to Grafton, and west to Armidale. Some lost power multiple times.

    Essential Energy will waive the daily access charge for customers for the period they were without power.

    While energy retailers have not played a role in relation to the power disruptions, Minister for Energy Penny Sharpe has written to 22 companies requesting their cooperation in supporting customers who live in local government areas included in the natural disaster declaration. The Minister has asked them to:

    • waive the daily power supply charge for customers for the period they were not supplied electricity (by passing on the waiver being provided to retailers by Essential Energy)
    • defer any electricity bills that are due to be sent to customers for 14 days
    • defer any disconnections or repayment requirements for 14 days for affected customers in debt or with any amount owing on their account
    • provide additional information about payment plan options and NSW Government financial support if customers find they are unable to pay their bill as a result of the cyclone impacts.

    The NSW Government along with the Australian Government is working together to provide support to the affected area. A personal hardship grant with payments of $180 for individuals and up to $900 per family is available through Service NSW for essential costs such as food, clothing, medicine and emergency accommodation. To be eligible, individuals must have been subject to an evacuation order or have experienced a power outage of more than 48 hours.

    Customers whose ability to repay their energy bills has been impacted by Ex-Tropical Cyclone Alfred can also apply for NSW Government Energy Accounts Payment Assistance (EAPA) support to help pay their energy bills. EAPA helps people experiencing difficulty paying their electricity and/or gas bill due to a short-term financial hardship, crisis or emergency to stay connected to essential services. EAPA can only be applied to current, unpaid energy bills.

    Minister for Energy, Penny Sharpe said:

    “It is important we provide as much support as possible to households and business owners who are recovering from ex-Tropical Cyclone Alfred.

    “I have written to energy retailers asking them to join Essential Energy in providing relief to customers in the natural disaster zone, and thank them in advance for any assistance they can offer.”

    Minister for Recovery, Small Business and the North Coast, Janelle Saffin said:

    “Every bit of support counts for families, households and businesses doing it tough in the wake of this natural disaster.

    “Thank you for your consideration of this request during this difficult time for the residents and businesses of the Northern Rivers and North Coast.”

    Further information:

    • Essential Energy is one of three distribution network operators in NSW. Essential Energy, Ausgrid and Endeavour Energy are responsible for the distribution lines in a specified region:
      • Essential Energy – Riverina, South Eastern region, Northern NSW and Central Tablelands
      • Ausgrid – Sydney’s north, Central Coast and Newcastle
      • Endeavour Energy – Blue Mountains, Western Sydney, Illawarra and South Coast
    • Energy retailers such as Origin Energy, AGL, Red Energy and EnergyAustralia buy electricity from the market pool and contract with generators to manage prices.
      • Retailers then sell electricity to households and businesses. Most customers only ever interact with their retailer, which sends them their quarterly bill.
      • There are 22 energy retailers with customers in the region affected by the natural disaster from 3 March 2025.
    • To assist customer recovery from the impacts of ex-cyclone Alfred and the extended periods of time without power, Essential Energy is offering financial and non-financial support. For more information visit the Essential Energy website.

    MIL OSI News

  • MIL-OSI China: China’s commercial rocket sends 8 satellites

    Source: China State Council Information Office 2

    A CERES-1 carrier rocket carrying eight satellites blasts off from the Jiuquan Satellite Launch Center in northwest China on March 17, 2025. [Photo/Xinhua]
    China’s CERES-1 commercial rocket put eight satellites into the 535-kilometer sun-synchronous orbit on Monday.
    The carrier rocket, CERES-1 Y10, blasted off from the Jiuquan Satellite Launch Center in northwest China at 4:07 p.m. on March 17 on a mission dubbed “Auld Lang Syne.” It delivered five satellites, including the Yunyao-1 55-60 and the AIRSAT-06 and -07 satellites. 
    Equipped with Global Navigation Satellite System (GNSS) occultation detection payloads, the Yunyao-1 satellites are part of the commercial meteorological satellite constellation the Tianjin-based company Yunyao Aerospace is building, with plans for 90 in total. The payload enables satellites to collect atmospheric temperature, humidity, pressure and ionospheric electron density data. 
    The constellation aims to establish a real-time global atmospheric and ionospheric detection system for global weather forecasting and application in various industries. Specifically, it will provide meteorological forecast information with a real-time performance better than 20 minutes for countries along the Belt and Road partner countries, according to the company.
    Beijing-based rocket company Galactic Energy has completed 17 successful launches, with its most recent mission marking the first commercial launch of the year in China.

    MIL OSI China News

  • MIL-OSI China: Green electricity trading sees sparkling growth

    Source: China State Council Information Office

    More than 50 percent of China’s new energy power generation was consumed through market-based transactions last year, a milestone that underscores the significant progress of China’s electricity market reforms over the past decade, according to the country’s top energy authority.

    China’s national installed capacity for new energy reached 1.45 billion kilowatts last year, making up 43 percent of the country’s total installed capacity, figures released by the National Energy Administration reveal.

    The combined trading volume of green electricity certificates (GEC) meanwhile reached 446 billion kilowatt-hours, a dramatic 364 percent increase year-on-year. This means that roughly one-quarter of all new energy production realized its environmental value through the green certificate and green electricity market, it said.

    GECs are the sole proof of the environmental attributes of renewable energy power in China and serve as the only certificate for verifying renewable energy production and consumption, according to relevant rules.

    China’s issuance of green electricity certificates saw a significant increase in January as the country continues accelerating its push for sustainable development.

    The NEA issued 231.2 million GECs in January, including 94.74 million from wind power, about 40 percent of the total, 81.82 million from hydropower and 39.43 million from solar power, all of which represent an increase of 225 percent year-on-year.

    China introduced the GEC system as a pilot program in 2017. In December 2023, the NEA issued the first batch of GECs after being designated as the authority responsible for green electricity certificate management. By the end of January, China had cumulatively issued 5.19 billion green electricity certificates, according to the NEA.

    The figures highlight the deepening impact of power sector reforms initiated in 2015. Market-based electricity trading volume has surged from 1.1 trillion kilowatt-hours in 2016 to 6.2 trillion kWh in 2024 and now accounts for 63 percent of total electricity consumption nationwide.

    Inter-provincial and inter-regional market trading has seen even more dramatic growth, reaching 1.4 trillion kWh in 2024, a more than tenfold increase compared to 2016, according to the NEA.

    The number of participants in the market has also exploded. Registered market entities have increased nearly 20-fold, from 42,000 in 2016 to 816,000 currently. This diverse group includes power generators and consumers across various energy sources, from coal-fired plants to new energy and nuclear power facilities.

    Industry experts suggest that the continued deepening of China’s electricity market reforms is not only effectively promoting the consumption of clean energy, but also laying the foundation for a more efficient, flexible and sustainable power system, vital for China’s green energy transition and high-quality economic development.

    A major challenge for renewable energy is its variability and the potential for curtailment. Market-based transactions provide a mechanism to better match supply and demand, incentivizing consumption when renewable energy is available and reducing curtailment, said Lin Boqiang, head of Xiamen University’s China Institute for Studies in Energy Policy.

    China is deploying renewable energy at an unprecedented scale. To make this sustainable, it needs efficient mechanisms to consume this power. Market mechanisms are essential for managing the variability and scale of renewable generation, ensuring it’s not just installed but actually used, he said.

    “Market-based transactions allow for more efficient allocation of electricity resources. Prices signal scarcity and abundance, guiding generation and consumption decisions toward the most economically and environmentally sound options.”

    Hao Ruifeng, director of the NEA’s market supervision department, noted that China’s electricity market now boasts a comprehensive trading system, encompassing medium- and long-term contracts, spot markets, ancillary services and green electricity certificates and trading.

    Medium- and long-term trading is now operating routinely, and spot market development is advancing rapidly. Market mechanisms have become a crucial tool for optimizing electricity resource allocation across China, said Hao.

    China has maintained a new energy utilization rate above 95 percent. In 2024, green electricity trading volume reached 233.6 billion kWh, a year-on-year jump of 235 percent, according to NEA data.

    MIL OSI China News

  • MIL-OSI New Zealand: Renewable Energy Declined – COVID fast-track consent declined for Southland wind farm – EPA

    Source: Environmental Protection Authority

    An independent panel has declined resource consent for a wind farm in Oware and Gore, Southland.
    Contact Energy Limited applied for resource consent under the COVID-19 Recovery (Fast-track Consenting) Act 2020.
    The decision comes 234 working days after the application was lodged with the Environmental Protection Authority.
    The Environmental Protection Authority is not involved in the decision-making. We provide procedural advice and administrative support to the panel convenor, Judge Laurie Newhook, and the expert consenting panel he appoints.
    Note that this application was made under the COVID-19 Recovery (Fast-track Consenting) Act 2020 and not the more recent Fast-track legislation.

    MIL OSI New Zealand News

  • MIL-OSI Australia: Nation-leading right to a healthy environment takes effect in ACT

    Source: Government of Australia Capital Territory

    As part of ACT Government’s ‘One Government, One Voice’ program, we are transitioning this website across to our . You can access everything you need through this website while it’s happening.

    Released 17/03/2025

    Canberrans can enjoy a new level of environmental protection from today as the Territory’s right to a healthy environment takes effect in the Human Rights Act2004.

    The ACT is the first Australian jurisdiction to enshrine this vital human right in legislation.

    The right to a healthy environment encompasses the right to clean air, a safe climate, access to safe water and adequate sanitation, healthy and sustainably produced food, non-toxic environments to live, work, study, and play, and healthy biodiversity and ecosystems.

    It also includes the right to access information on environmental matters, participate in environmental decision-making, and seek access to justice where the right may be breached. The inclusion of the right will also ensure environmental and climate considerations feature in ACT public authority functions and decision-making.

    Canberrans can make a complaint to the ACT Human Rights Commission if they believe the right to a healthy environment has been breached or not considered in a decision by a public authority.

    Quotes attributable Tara Cheyne, Minister for Human Rights.

    “The ACT continues to be a leader in human rights, and this right takes a ground-breaking step forward for human rights legislation reform in Australia.

    “The right to a healthy environment is recognised in law internationally, but this is the first time it has been recognised in Australia.

    “Our community is facing pressing challenges from climate change, environmental pollution and biodiversity loss each of which poses serious risks to other human rights, including the right to life and the right to equality, threatening the wellbeing of our community.

    “Enshrining the right to a healthy environment is essential for the full enjoyment of other human rights.”

    Quotes attributable to Suzanne Orr, Minister for Climate Change, Environment, Energy and Water:

    “I’d like to thank Minister Cheyne for her leadership on this nation-leading reform.

    “Canberrans love their bush capital and have been among the strongest supporters for Climate Change Action in the nation.

    “Having a right to a healthy environment is another demonstration of our appreciation for our environment and our commitment to leading the way on looking after it.”

    Quotes attributable to Dr Pene Mathew, ACT Human Rights Commissioner:

    “This is a really significant step in recognising that we all depend on a clean and healthy environment to be able to lead good and happy lives.

    “While the right to a healthy environment can’t address climate change and environmental harms on its own, incorporating this right within our ACT human rights framework means that public servants and government agencies will now have to consider environmental impacts when they develop and implement policies and laws.

    “Canberrans will also now be able to contact the Commission with concerns or complaints about public authorities not acting consistently with this right.”

    Quotes attributable to Nicole Sommer, Director of Legal Practice at the Environmental Defenders Office:

    “Today is a historic day for the ACT and for the nation, as the first Australian jurisdiction recognises what we know to be true – that our wellbeing and security depends on access to a healthy environment.

    “The ACT is leading the nation with this ground-breaking reform. We applaud the ACT legislature for acting so quickly to embed this into its existing human rights laws.

    “As the climate crisis worsens, this right is only becoming more critical.”

    – Statement ends –

    Tara Cheyne, MLA | Media Releases

    «ACT Government Media Releases | «Minister Media Releases

    MIL OSI News

  • MIL-OSI USA: Senator Murray, Rep. Randall, Sen. Riccelli, WA Health Care Providers Sound Alarm Over Looming Republican Cuts to Medicaid That Would Kick Washingtonians Off Their Health Care, Blow a Hole in State Budget

    US Senate News:

    Source: United States Senator for Washington State Patty Murray

    In Washington state, over 1.8 million people rely on Medicaid; Central and Eastern WA have the highest proportion of people on Medicaid

    ***PHOTOS, B-ROLL HERE***

    Olympia, WA — Today, U.S. Senator Patty Murray (D-WA), Vice Chair of the Senate Appropriations Committee and a senior member and former Chair of the Senate Health, Education, Labor and Pensions (HELP) Committee, held a press conference at the Washington State Capitol in Olympia to sound the alarm on the massive, steep cuts to Medicaid that House and Senate Republicans in Washington, D.C. are right now working to pass via their budget reconciliation bill, which only requires a simple majority of votes to pass in each chamber. Joining Senator Murray for the press conference were U.S. Representative Emily Randall, (WA-06), Washington State Senator and Floor Leader Marcus Riccelli (District 3), Dr. Crystal Shen, a pediatrician who leads advocacy efforts for the Washington Chapter of the American Academy of Pediatricians, Justin Gill, a registered nurse and the President of the Washington State Nurses Association, and Julie Clark, a Medicaid recipient who spoke about how the services she receives through Medicaid allow her to live a full and independent life away from an institution.

    Nearly 80 million Americans rely on Medicaid and the Children’s Health Insurance Program for their health coverage and access to care, including over 1.8 million people in Washington state who are enrolled in Apple Health, Washington state’s Medicaid program. In Washington state, 38 percent of children, one in six adults, three in five nursing home residents, and three in eight people with disabilities are covered by Apple Health. House Republicans have proposed cuts of at least $880 billion to Medicaid and other health care programs, which would have devastating consequences for Washington state’s health care system and everyone who relies on it. In Fiscal Year 2023, Washington state received over $12.5 billion in federal Medicaid funding, accounting for 57 percent of all federal funding to the state—cuts to federal Medicaid funding would severely exacerbate Washington state’s budget deficit, since the state would have to make up for the shortfall to try and minimize the loss of crucial health care services.

    “Cuts to Medicaid at the scale Republicans are directing will mean hospitals and clinics—especially in our rural areas—will close their doors. Moms and babies will lose health coverage. Seniors will be cut from home care services and forced out of long-term care facilities. Wait times for care will skyrocket, labor and delivery services will close, and people who need lifesaving mental health care—or help recovering from addiction—will suffer… Nearly half of kids in America get their health care through Medicaid—that is the program Trump, and Elon, and Republicans are aiming their wrecking ball at,” Senator Murray said at the press conference today.

    “House Republicans directed the Energy and Commerce committee to find $880 billion dollars worth of Medicaid cuts—because they need the room in the budget to extend Trump’s tax cuts for the richest Americans,” Senator Murray continued. “If you don’t want to see people kicked off their health care, if you don’t want to see hospitals close their doors in your community, then this is the time to get loud, pick up the phone, and tell Republicans in Congress to stop listening to Donald Trump and Elon Musk who want tax breaks for their billionaire buddies, and start listening to your constituents who just want to stay on their health care.”

    Republicans have offered various proposals to drastically cut Medicaid, all of which would mean cutting services and kicking people off their health care coverage. For example, 782,000 Washingtonians, or 42 percent of adults on Medicaid in Washington state, would be at risk of losing coverage if Republicans institute so-called work requirements, which been proven not to increase employment—but rather strip health coverage from people with low incomes, most of whom are already working full or part-time, or not working due to circumstances like school or caregiving responsibilities. Reducing the federal match rate for states like Washington that expanded Medicaid under the Affordable Care Act, another idea that has been discussed, would force Washington state to spend $2,754,000,000 more to maintain its Medicaid expansion, and threaten coverage for 647,416 people in Washington. Removing or lowering the 50 percent floor on federal Medicaid match rates would shift costs to states dramatically, and would mean Washington state would have to pay an additional $1,197,000,000, or 18 percent every year.

    “I first became aware of the good that government can do for our families when Washington state led the country in expanding Medicaid in 1993, because of brave legislators who knew that it was the right decision. And it was a decision that changed my family’s trajectory—my sister… was born with complex disabilities and my dad’s civilian government employee insurance from the Puget Sound Naval Shipyard was good, but wouldn’t have covered everything that she needed to survive. And my story is just like so many stories across the district, across the state, and across the country,” said U.S. Representative Emily Randall (WA-06). “In our rural community on the Olympic Peninsula, we have hospitals in Forks, in Port Angeles, in Elma, that are already hanging by a thread, that are struggling to keep providers employed and keep their doors open, to continue providing lifesaving care to folks who have nowhere else to go. But if this administration and the Republicans in Congress are effective and successful in delivering $880 billion dollars of cuts to people’s health care, those hospitals will have to close their doors, leaving our community without health care.”

    “Drastically cutting Medicaid would eliminate a lifeline for thousands of people in Eastern and Central Washington,” said Washington state Senator Marcus Riccelli (D-Spokane). “It will mean a loss of comprehensive services to people, including access to primary care, behavioral health, and dental care. By delaying this care, we will see a flood of people end up in already burdened emergency rooms, particularly in rural areas where hospitals are already on the brink of cutting services or closing their doors. Simply put, cutting Medicaid will mean cutting lives short in Washington state.”

    “Medicaid cuts of this massive scale would be devastating for access to care and can lead to significant preventable health harm,” said Dr. Crystal Shen, a Seattle-area pediatrician with the Washington Chapter of the American Academy of Pediatricians. “Medicaid cuts would mean that clinics are at risk of significantly limiting Medicaid access in order to keep their lights on, or could even be at risk of closing. This would lead to families having to travel even farther and wait longer for access to care, or perhaps not being able to access care at all. This means kids would miss out on care that they need and show up in emergency rooms sicker… Pediatric specialist access could become even more limited geographically and even longer waits, when some already have wait times of a year or even longer. Some pediatric specialty departments have even closed due to losing staff due to Medicaid funding challenges… If massive cuts cause clinics or specialty departments to close, then all children in that area may be impacted, not just children on Medicaid. These are difficult to re-open once they are closed, and entire communities, especially rural communities, could lack access to essential medical care. I have seen firsthand the great lengths that parents will go to help their children access medical care, whether traveling for hours or waiting months.”

    “Medicaid is a lifeline for so many of my patients. It ensures expectant parents receive essential care, seniors access long-term support, and working families stay healthy while striving to make ends meet. Cutting Medicaid will further destabilize our healthcare system by forcing clinics and hospitals throughout our state to close, leaving patients with even fewer options,” said Justin Gill, DNP, APRN, RN, President of the Washington State Nurses Association. “These cuts will make our jobs as nurses even more difficult. We will struggle to coordinate care, secure medications, and order necessary tests and diagnostics for our patients. The burden of navigating an already complex system will only grow, further contributing to burnout and workforce shortages. There is a difference between those that make reckless policy decisions, like cutting Medicaid, and those of us that are in the trenches doing the work. When I see a patient, I am accountable for the care and direction I provide. I wonder if any lawmakers supporting these cuts will apply that same standard of accountability when they decide on how to vote.”

    “My care is very high. I have a feeding tube. I love it in my own home. I can do whatever I want to do. I can go anywhere I need or want, but require a caregiver for safety… Staff take care of my physical needs because I can’t take care of myself due to my disability. My staff supports me with medications and they help me to get to and from appointments. They support my social activities. I cannot go anywhere without my caregivers. I wish I could do all these things for myself, but I cannot. I like my freedom. Everyone deserves to have the quality of life to work and live in their own home in the community. Please do not make cuts to Medicaid. These cuts would be very harmful to myself and those like me. This would affect me and my living situation drastically because I would be forced to live in an institution,” said Julie Clark, a self-advocate who relies on services paid for by Medicaid to live a full and independent life.

    Nationwide, nearly half of children in America are enrolled in Medicaid and the Children’s Health Insurance Program (CHIP), and Medicaid pays for nearly half of births in the U.S. Medicaid also pays for services for 2 in 3 nursing home residents and pays for home-based services for close to 2 million seniors—allowing them to age safely at home—as well as close to 3 million people with disabilities and other health conditions. Cutting Medicaid will lead to accelerated hospital closures, particularly in rural areas. Medicaid also covers 1 in 4 people with a mental health or substance use disorder, and serves as the largest payer for mental health and substance use services for communities nationwide amid an ongoing overdose and opioid epidemic made worse by an influx of fentanyl. Recent polling from KFF Health found 82 percent of adults think Medicaid funding should either increase or stay the same and large majorities of people across parties, those who voted for Trump in 2024, and adults living in rural areas say the program is “very important” for their local community. Polling from Hart Research found that 71 percent of voters who backed Trump said cutting Medicaid would be unacceptable, and voters overall were even more opposed to it.

    A fact sheet outlining what Medicaid cuts would mean for Washington state is HERE.

    Senator Murray’s full remarks at the press conference, as delivered, are below:

    “We are here because, back in the Other Washington, Republicans are getting ready to launch an all-out assault on a program that tens of millions of Americans, including 1.8 million people in our state, rely on for health care—and that is Medicaid.

    “Last month, House Republicans passed a budget resolution with $880 billion—that’s a ‘b,’ billion—dollars in cuts, with Medicaid in the crosshairs—explicitly laying the groundwork for legislation later this year that will cut Americans off their health care, force our rural hospitals to close their doors, and blow a massive hole in states’ budgets…

    “Including here in Washington state, where we received over twelve-and-a-half billion dollars in Medicaid funding in Fiscal Year 2023 alone.

    “One in five people in Washington state rely on Medicaid for their health care coverage, including three in eight people with disabilities, three in five seniors, and nearly forty percent of children.

    “Make no mistake: Medicaid saves lives.

    “And do you know where it saves lives the most? In rural and red communities. Here in our state, Washington’s 4th and 5th Congressional Districts—the only two represented by Republicans—have the highest proportion of people who rely on Medicaid!

    “Those are the places that are going to really get hit hardest if Republicans succeed in their plan to dramatically slash Medicaid.

    “Cuts to Medicaid at the scale Republicans are directing will mean: hospitals and clinics—especially in our rural areas—will close their doors. Moms and babies will lose health coverage. Seniors will be cut from home care services and forced out of long-term care facilities. Wait times for care will skyrocket, labor and delivery services will close, and people who need lifesaving mental health care—or help recovering from addiction—will suffer.

    “And don’t forget—Medicaid is the largest source of coverage for mental health and substance use services for communities across the country.

    “Nearly half of kids in America get their health care through Medicaid—that is the program Trump, and Elon, and Republicans are aiming their wrecking ball at.

    “And when you consider how many people rely on it, it should come as no surprise that Medicaid is overwhelmingly popular!

    “In fact, 82 percent of Americans want to see Medicaid funding increase or stay the same. Large majorities of people across political parties say Medicaid is, ‘very important’ to their local community. 71 percent of people who voted for Trump said cutting Medicaid would be unacceptable.

    “Those numbers send a clear message—and a clear warning to Republicans in Congress if they decide to charge forward.

    “You might wonder, if Medicaid is so popular, and so essential, to people all over the country—why are Republicans so hell-bent on cutting it to the bone?

    “Well the answer is simple: to pass more tax cuts for billionaires.

    “House Republicans directed the Energy and Commerce committee to find $880 billion dollars worth of Medicaid cuts because they need the room in the budget to extend Trump’s tax cuts for the richest Americans. 

    “The bottom line is that for Republicans, if there’s a choice between helping working people and helping their billionaire buddies, they’re going to side with the billionaires.

    “That’s why we are here today to raise the alarm, to spell out what the cuts they’re proposing would actually mean for folks here in our state, and to encourage people to speak out.

    “Because if you don’t want to see people kicked off their health care, if you don’t want to see hospitals close their doors in your community, then this is the time to get loud, pick up the phone, and tell Republicans in Congress to stop listening to Donald Trump and Elon Musk who want tax breaks for their billionaire buddies, and start listening to your constituents who just want to stay on their health care.

    “We cannot let Republicans charge ahead on deep and painful cuts to Medicaid just to line the pockets of the richest people in the world.

    “Now, Republicans still have a ways to go before they can actually pass these cuts into law.

    “So now is the time, again, to keep doing everything we can to raise our voices and call on Republicans to think seriously about what these cuts would do to their communities, and to reverse course before it’s too late.

    “You can bet that back in the Other Washington, I will keep fighting every way I can to protect people’s health care, lift up the voices of families here in Washington state, and make sure, at the very least, our Republican colleagues, hear from their constituents that they are so determined to hurt.”

    MIL OSI USA News

  • MIL-OSI USA: President Trump Signs Hoeven-Led Legislation to Block Biden Natural Gas Tax

    US Senate News:

    Source: United States Senator for North Dakota John Hoeven
    03.17.25
    Senator at White House for Signing Ceremony
    Click for video and audio.

    WASHINGTON – Senator John Hoeven (R-N.D.) issued the following statement after President Donald Trump signed into law the Congressional Review Act (CRA) resolution of disapproval he led in the Senate to block implementation of President Biden’s Natural Gas Tax. Hoeven was at the White House as the bill was signed into law.
    Hoeven’s CRA blocks implementation of a Natural Gas Tax passed in 2022 as part of the Democrats’ reckless tax-and-spend bill. Last month, Hoeven secured Senate approval of the resolution by a vote of 52 to 47, and Congressman August Pfluger (R-Texas) led and secured approval of the companion legislation in the House.
    “The Biden administration handcuffed our energy industry with unnecessary regulations and burdensome taxes, including a new tax on natural gas. Americans rely on natural gas as an affordable and reliable energy source for everything from heating and cooking to manufacturing. Our CRA blocks this natural gas tax, and is an important step as we work to roll back the Biden administration’s harmful Green New Deal policies,” said Senator Hoeven. “We appreciate President Trump signing our CRA into law as part of our broader effort to take the handcuffs off our producers to unleash more American energy, which will help reduce inflation and make our nation truly energy dominant.”
    “I was honored to witness President Trump sign our monumental legislation into law to deliver on the mandate to remove burdensome regulations in the energy industry and unleash American energy. Our CRA repeals the tax President Biden imposed on every single consumer in this country and protects the hardworking men and women in the Permian Basin who have delivered affordable, reliable energy every day despite being assaulted by the Biden administration for four years. We owed it to our constituents who elected us to fight for them and get this legislation across the finish line. This is only the beginning of our mission to restore American energy dominance, and I thank President Trump for his action on this,” said Rep. Pfluger.

    MIL OSI USA News

  • MIL-OSI China: China, UK pledge to jointly address climate change

    Source: People’s Republic of China – State Council News

    BEIJING, March 17 — Chinese Vice Premier Ding Xuexiang met with Ed Miliband, UK Secretary of State for Energy Security and Net Zero, in Beijing on Monday. The two sides agreed to enhance cooperation in jointly addressing climate change.

    Ding, also a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, said developing stable and mutually beneficial relations between China and the UK serves the common interests of the two peoples, facilitates global economic growth, and promotes joint efforts to address global challenges.

    China is ready to work with the UK to earnestly implement the important consensus reached by the leaders of both countries, consolidate the momentum for improvement and development of bilateral ties, deepen cooperation in areas such as financial services, trade and investment, and low-carbon development, and jointly address climate change to better benefit the people of both countries and the world, Ding added.

    Miliband said the UK government sincerely hopes to enhance engagement with China, is committed to developing a long-term and constructive bilateral relationship, and stands ready to strengthen cooperation with China on energy security and addressing climate change.

    MIL OSI China News

  • MIL-OSI Submissions: Energy Supply – Gas to Europe from Halten East – Equinor

    Source: Equinor

    17 MARCH 2025 – Equinor has started production at the Halten East development in the Norwegian Sea, two years following approval from Norwegian authorities.

    “We are starting up Halten East at a time where piped gas from Norway is in high demand and important for energy security. In a challenging cost and inflation environment, the project has been delivered both on time and within our cost estimate,” says Geir Tungesvik, executive vice president for projects, drilling, and procurement in Equinor. The estimated pay-back time for the project is one year.

    Halten East is a tie-in development located in the Kristin-Åsgard area in the Norwegian Sea. Vår Energi and Petoro are partners. The development consists of six gas discoveries and flexibility for three prospects in addition, utilizing existing infrastructure and processing capacity at Åsgard B.

    The plan for development and operation (PDO) was approved by authorities in February of 2023. Now, gas from the first well Gamma is on stream two years later, on plan. The first phase consists of six wells from five discoveries. The second phase is planned in 2029. It will include a sidetrack and an additional three possible wells. The total investment of the project is around NOK 9 billion for both phases.

    The reservoirs of Halten East contain gas and condensate. The recoverable reserves are estimated to be around 100 million barrels of oil equivalent from the discoveries. The gas will be sent to Kårstø from Åsgard B, from where it will be exported to Europe via pipeline.

    “Halten East demonstrates the importance of area solutions and cooperation between licence owners and authorities to realise the full resource potential on the Norwegian continental shelf. Together, we can develop industrial solutions that will continue to deliver energy with low costs and low emissions. We have a large portfolio of projects that will connect discoveries to our producing hubs. Equinor expects to put over 30 such projects on stream at the NCS within 2035,” says Kjetil Hove, executive vice president for development and production on the Norwegian continental shelf.

    Around 90% of Halten East investments have gone to suppliers in Norway. The development phase of Halten East is estimated to provide around 3000 person-years of employment per year from 2022 to 2029.

    In November 2024, Equinor acquired Sval Energi’s 11,8% share in the Halten East Unit, increasing its ownership to 69,5%.

    Partners: Equinor Energy AS (69.5%, operator), Vår Energi ASA (24.6%), Petoro AS (5.9%)

    Contracts

    • Transocean Spitsbergen – Drilling contract
    • Aker Solutions/OneSubsea – Topside, SPS EPC and umbilical EPC
    • Technip Norge – Pipelay and marine installations
    • TFMC – Flow assurance simulator, leak detection system, and UTIS

    Facts

    • Halten East will be developed in two phases, planned for 2025 and 2029.
    • The six discoveries of Halten East: Natalia, Sigrid, Nona, Flyndretind, Gamma and Harepus.
    • The gas from Halten East will be sent to Åsgard B via five subsea templates.
    • CO2 intensity of Halten East is expected to be 3 kg per barrel of oil equivalent.

    MIL OSI – Submitted News