The Oil and Natural Gas Corporation (ONGC) has secured environmental clearance for drilling 45 development wells and setting up other related infrastructure, entailing a cost of over Rs 530 billion in the Krishna-Godavari (KG) basin […]
The MoPNG has sought Rs 150 billion from the Centre to build the second phase of strategic petroleum reserves in a cost-effective manner, given the declining global crude oil prices. India uses strategic storage reserves, […]
The Ministry of Petroleum and Natural Gas (MoPNG) has proposed an investment of Rs 1,300 billion to ramp up hydrocarbon production in the Northeast (NE). Of this, around Rs 800 billion would be for upstream […]
The Andhra Pradesh finance department, Housing and Urban Development Corporation Limited (HUDCO) and Bhogapuram International Airport Company Limited (BIACL) have entered into a formal agreement for the development of the Bhogapuram international greenfield airport project. […]
The Chhattisgarh State Budget 2016-17 has made a provision of Rs 1.26 billion for the expansion of Swami Vivekananda Airport in Raipur and the upgradation of the airstrip at Raigarh airport. AAI will take up […]
Work on the Pune Airport Expansion Project, Phase I, is expected to commence soon, with the main issue of acquiring 15.84 acres of land owned by the Indian Air Force (IAF) being resolved by the […]
Cochin International Airport Limited (CIAL) has drawn up plans to install solar panels on the rooftop of the airport’s parking lot at an estimated cost of Rs 200 million. CIAL has already invited bids from […]
Chennai airport will soon have a 1.5 MW solar power plant, thereby saving Rs 80 million in annual power expenses at the facility. The installation of solar panels on the roof of the cargo terminal […]
A new common use domestic cargo terminal was opened at the Chhatrapati Shivaji International Airport (CSIA) in Mumbai on June 6, 2016. The new terminal has an annual handling capacity of 300,000 metric tonnes and […]
The Ministry of Civil Aviation has approved the draft plan for the phased expansion of the Indira Gandhi International Airport, Delhi. Phase I involves the expansion of Terminal 1 (T1) and the construction of a […]
Earthmoving equipment constitutes 20-25 per cent of the cost of a construction project. […]
India is emerging as one of the largest markets for earthmoving and construction equipment (ECE) in the world. […]
In a bid to take advantage of falling global crude prices to lock in supplies to meet future demand, Indian oil companies are looking to further ties with their overseas counterparts, either by acquiring assets or stepping up investments in overseas ventures. […]
As megacities around the world struggle to cope with congested roadways and airways, high speed rail (HSR) offers a competitive and sustainable mass transit solution with immense capacity, speed and passenger comfort. […]
The central government is serious about improving the pace of infrastructure development in the country. […]
There have been several positive developments in India’s power generation and transmission segments over the past year. […]
Confirming the rumours surrounding the company for almost a year, SunEdison filed for Chapter 11 bankruptcy protection on April 21, 2016, thus commencing the process to restructure the company. […]
The past few years have been challenging for the Indian port sector. […]
Launched in July 2015, Sagarmala is the most ambitious programme undertaken so far by the Ministry of Shipping (MoS). […]
During the past one year, the port sector witnessed some major developments. […]
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