Reliance Industries Limited India’s largest private sector enterprise in partnership with IBN18 honored 24 Real Heroes of India. Real Heroes is a movement to acknowledge the unsung champions of the common man who strove tirelessly to promote the welfare of others. These Real Heroes were shortlisted by the editorial team of CNN-IBN, and they were spread across six categories including, Women Welfare, Social Welfare, Health and Disability, Youth, Education and Children & Sports. The ceremony was attended by luminaries including CMD of Reliance Group Industries, Mr. Mukesh Ambani, his wife, Mrs. Nita Ambani, Sachin Tendulkar, Aamir Khan, Yash Chopra and other eminent personalities applauded the heroes who through their extraordinary work have made a difference. Each of the Real Heroes was presented a trophy along with a cash prize of Rs 5 lakh.
The Real Heroes all represent an inspirational story of selfless service, these range from a mechanic in Jharkhand who has set up an orphanage with his own meager resources to provide education, food and shelter to children who were left orphans due to polygamy or alcoholism to a person who has been fighting to preserve the environment over the past three decades. From a hockey coach who is on a mission to train players free of cost to an 80 year old gynecologist who is fighting to rehabilitate mentally challenged women and provide them vocational training so they can be financially independent, and many more who have dared to stand up for the betterment of the society were awarded as the Real Heroes. Speaking on the initiative on behalf of Reliance Industries, Nita Ambani, President of the Dhirubhai Ambani Foundation said, “I feel proud today – proud to be an Indian. I also feel proud of the ‘Indianness’ today. ‘Indianness’ that puts compassion, kindness and empathy before everything else. We salute the benevolence of these extraordinary people. They embody the purity of the human spirit.They may not have received the spotlight of publicity but their actions radiate the sunlight of generosity. Each of these stories is a font of inspiration. My Real Heroes friends you are our crusaders of hope. Thank you for this.”

Finally to conclude the sitting, Rajdeep Sardesai, Editor-in-Chief, IBN18 Network added, “Each one of these real heroes has performed extraordinary deeds to promote the welfare of their fellow citizens and society as a whole. Their path wasn’t easy and they have battled tremendous odds ranging from personal tragedy to social opposition and financial constraints. Yet the flame to make a positive impact has continued to burn bright and they have truly been the instruments of change. I would like to thank all our distinguished guests for their presence here in support of the Real Heroes of our nation”.

Reliance Industries (RIL), operator of the world’s largest refining complex, bought around 3 million barrels of spot Brazilian crude to arrive in India in the next two months, industry sources said on Friday.

The move was made possible by weaker US crude prices versus European benchmark and lower freight rates, traders said.RIL bought from Petrobras a Very Large Crude Carrier (VLCC) of Roncador Heavy and Albacora crudes to be loaded this month and a Suezmax of October-loading Marlin, a trade source said.
Petrobras has provisionally booked VLCC Olivia to load crude in Brazil on September 28 and head for the Indian west coast at a freight rate of W47.5, a shipping fixture from brokerage Clarksons showed.

RIL has also booked VLCC Vega Star to load crude in the Caribbean on September 30 at a freight rate of $2.7 million.

US crude futures have fallen below ICE Brent with the front month differential between the two grades at its widest level since late May, making South American crudes more affordable to Asian refiners.

Crude oil freight rates on major routes were also mostly lower this week due to growing vessel availability.

More Brazilian crudes are flowing into Asia as Chinese and Indian refiners diversify their crude supplies.

RIL’s purchase of Brazilian crudes jumped to 43,060 barrels per day (bpd) last year, up from 2,760 bpd in 2008.

The company operates two refineries with a total capacity of 1.24 million bpd in Jamnagar.

RIL last bought in April a VLCC of Brazilian crudes from Petrobras for June delivery, the source said.

Rising supplies from Canada and the Bakken oil shale may continue to put downward pressure on the front month spread until “the peak in refinery maintenance passes in six to eight weeks’ time”, JPMorgan analysts said in a September 1 note.

“We retain a cautious view on the WTI-Brent differential in light of the structural supply pressures that we see building at the Cushing delivery point,” the analysts said.Reliance Indstries Limited, Mukesh Ambani Reliance, Mukesh Ambani, RIL

Mukesh Ambani-led Reliance Industries (Solar Group) and construction company Punj Llyod are among the five companies which have bid for solar power project to be set up in the Parliament House.

“We have received bids from five companies for the solar energy project to be set up in Parliament,” TPS Sidhu, the Chief Executive of Punjab Energy Development Agency (PEDA), which is executing the project, told PTI here.

Three other companies, which have submitted bids, are Wipro Ecoenergy, Lanco and Gurgaon-based DD Solar23 India.

“We are evaluating the bids and successful bidder will be (for Parliament project) announced within next 10 days,” he said, adding that the project was expected to be completed within next three months.

PEDA, which has been asked by the Centre to implement the solar power project in Parliament, had invited bids for commissioning of power project with a capacity of 80 KW using solar photovoltaic technology and its operation and maintenance for 10 years.

“Out of 80 KW of power generation, 50 KW of power will be fed into grid system and rest will be used for battery back up at the Parliament house annexe,” he said.

The Centre had allocated the solar power project for the Parliament House over four months back to PEDA keeping in view of its expertise in non-conventional and renewable energy resources.

“The main objective of this project is to demonstrate and popularise the renewable and new energy resources for the power generation and it has been awarded under the Special Area Demonstration Programme of the government,” he informed.

Besides setting up solar power generation unit, other components of the project are installing water heating system of 2,000 litres capacity, illumination of the house and setting up a small biogas plant of half a tonne capacity per day for the Kitchen in Parliament.

“The other components of the project will be done in a phased manner,” said Sidhu.

State-owned PEDA is a nodal agency for promotion and development of renewable energy projects including solar, biogas and small hydel projects in Punjab. It is also a nodal agency for facilitating project for carbon credit under Clean Development Mechanism.