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Home2016March

Month: March 2016

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Ports & Shipping

SPL to recover compensation under change in law

March 1, 2016

The Central Electricity Regulatory Commission (CERC) has allowed Sasan Power Limited (SPL) to recover compensation of Rs 191.8 million, Rs 1,439 million and Rs 1,845.9 million for 2013-14, 2014-15 and 2015-16 (up to August 2015) […]

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Power

UPRVUNL commissions Anpara-D TPP at Sonbhadra

March 1, 2016

Uttar Pradesh Rajya Vidyut Utpadan Nigam Limited (UPRVUNL) has commissioned the second 500 MW unit at the Anpara-D thermal power plant (TPP) at Sonbhadra, Uttar Pradesh. The plant now stands fully commissioned. Notably, this is […]

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Power

GETCO cancels short-term open access licenses

March 1, 2016

Gujarat Energy Transmission Corporation Limited (GETCO) has cancelled short-term open access licences of over 100 manufacturing units in Gujarat. The reason cited for this is that these units draw less than 1 MW of power. […]

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Power

CIL auctions coal through special e-auction

March 1, 2016

Coal India Limited (CIL) has auctioned about 14 million tonnes (mt) of coal under a special e-auction to the power sector and other non-power sector consumers. Of this, 10 mt was reserved for the power […]

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Power

MoP identifies new UMPPs in five states

March 1, 2016

The Ministry of Power (MoP) has identified new ultra mega power projects (UMPPs) in Odisha, Chhattisgarh, Karnataka, Tamil Nadu and Gujarat. These projects, which are at various stages of planning, are proposed to be set […]

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Ports & Shipping

Construction of multi-user liquid terminal at Cochin port commenced

March 1, 2016

The construction of a multi-user liquid terminal at Cochin port has commenced. Construction of the terminal, capable of berthing vessels of 230 metre length and 13.5 metre draught, has been awarded to contractor RKEC Projects […]

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Ports & Shipping

Indian Bank takes over equity stake in Karaikal Port

March 1, 2016

Indian Bank has taken over 52.46 per cent equity stake in Karaikal Port Private Limited (KPPL) previously owned by Marg Limited. KPPL is a special purpose vehicle (SPV) incorporated for the implementation and operation of […]

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Power

MoC allows automatic transfer of coal linkages from old to new projects

March 1, 2016

The Ministry of Coal (MoC) has allowed the automatic transfer of coal linkages granted to old power projects to new supercritical plants. The policy will be applicable to public sector power plants only, and of […]

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Ports & Shipping

Draft national perspective plan under Sagar Mala project released

March 1, 2016

The MoS has released the draft national perspective plan under the Sagar Mala project. A total of 150 projects involving port modernisation, connectivity, port-led industrialisation and coastal community development have been identified under the plan. […]

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Ports & Shipping

MoS relaxes cabotage restrictions for ports

March 1, 2016

Further, the MoS has relaxed cabotage restrictions for ports which transship at least 50 per cent of the container traffic handled by them. With this relaxation, foreign vessels can also transport export-import (ex-im) laden and […]

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Ports & Shipping

Union cabinet approves $150 million of credit for development of Chabahar port

March 1, 2016

The Union cabinet has approved a proposal by the Ministry of Shipping (MoS) for the provision and operationalisation of a $150 million line of credit from the Export Import Bank of India for the development […]

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Ports & Shipping

Draft national perspective plan under Sagar Mala project released

March 1, 2016

The MoS has released the draft national perspective plan under the Sagar Mala project. A total of 150 projects involving port modernisation, connectivity, port-led industrialisation and coastal community development have been identified under the plan. […]

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Ports & Shipping

Union cabinet approves $150 million of credit for development of Chabahar port

March 1, 2016

The Union cabinet has approved a proposal by the Ministry of Shipping (MoS) for the provision and operationalisation of a $150 million line of credit from the Export Import Bank of India for the development […]

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Oil and Gas

State-run gas distribution companies object PNGRB’s proposal

March 1, 2016

A number of state-run gas distribution companies have objected strongly to the Petroleum and Natural Gas Regulatory Board’s (PNGRB) proposal to end their exclusive rights to distribute gas in their respective cities and declare the […]

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Oil and Gas

RGPL gets environmental clearance for 486 km pipeline to transport liquid ethane

March 1, 2016

Meanwhile, Reliance Gas Pipeline Limited (RGPL) has also secured environment clearance for its Rs 14.28 billion project to build a 486 km long pipeline through Gujarat and Maharashtra, for the transportation of liquid ethane. Among […]

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Oil and Gas

BPCL gets environmental clearance for Rs 3.37 billion pipeline project at Kochi

March 1, 2016

BPCL has received environmental clearance for a Rs 3.37 billion pipeline project for its refinery at Kochi, Kerala. The pipeline will connect the refinery to the state’s existing pipeline network. The coastal regulation zone clearance […]

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Oil and Gas

Companies to acquire a unified licence under HELP for all hydrocarbon reserves

March 1, 2016

The government has introduced the Hydrocarbon Exploration and Licensing Policy (HELP), which will require companies to acquire a unified licence to manage all hydrocarbon reserves such as oil, gas, shale and coal bed methane. According […]

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Oil and Gas

MoPNG to set up trading desks for OMCs

March 1, 2016

The Ministry of Petroleum and Natural Gas (MoPNG) is working on a policy for setting up a trading desk for oil marketing companies (OMCs) to allow them to buy crude from the spot market. This […]

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Oil and Gas

ONGC gets environmental clearance for drilling 406 development wells in Cambay basin

March 1, 2016

The Centre’s green panel has given clearance to the Oil and Natural Gas Corporation (ONGC) for its Rs 17.52 billion project involving the drilling of 406 development wells in oilfields in Gujarat’s Cambay basin. The […]

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Aviation

IndiGo receives first A320neo after delay

March 1, 2016

IndiGo has received the first of the 430 A320neo aircraft it had ordered on March 11, 2016. The airline will induct 24 aircraft by March 2017. The first of these aircraft was slated for delivery […]

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