The Ministry of Coal (MoC) has invited applications from state generation companies for the allotment of seven coal blocks with indicated coal reserves aggregating 4,854.12 mt. The coal blocks are Deocha-Pacham (2,102 mt) in West […]
The central government has waived interstate transmission charges and losses for solar and wind projects. The waiver will be applicable for a period of 25 years from the COD of projects awarded through the competitive […]
The Visakhapatnam Port Trust (VPT) has granted approval to extend the concession in port dues and pilotage charges to container vessels berthed at the Visakha Container Terminal. A concession of 35 per cent will be […]
Vedanta Limited has signed a concession agreement for the redevelopment of barge berths and berth nos. 8 and 9 at Mormugao port at an estimated cost of Rs 11.45 billion. The company received the letter […]
The Directorate General of Shipping (DGS) has extended the date for the electronic submission of verified gross mass (VGM) from September 30, 2016 to November 30, 2016. In November 2014, the International Maritime Organization approved […]
The MoS has ordered all major ports to provide a discount of 80 per cent for two years on vessel-related charges and coastal-related charges for coastal transportation of vehicles through roll-on, roll-off (ro-ro) ships. The […]
The central government has given in-principle approval to a Rs 5.15 billion grant for the development of Sagar port in West Bengal. The grant has been given to make the project financially viable. A special […]
The Ministry of Shipping (MoS) has proposed a new model concession agreement (MCA) for the port sector to replace the present MCA, which came into existence in January 2008. The proposed MCA has taken into […]
The ministers of the Organization of the Petroleum Exporting Countries (OPEC) reached a preliminary decision to cut production for the first time since the global financial crisis eight years ago. The cut will be 32.5-33 […]
Cairn India Limited (CIL) has received the coastal regulatory zone clearance to drill 10 wells in the PR-OSN-2004/1 block in Nellore district of Andhra Pradesh at an investment outlay of $150 million. The block had […]
Chennai Petroleum Corporation Limited (CPCL), a subsidiary of IOCL, is planning to set up a refinery at Narimanam in Nagapattinam district of Tamil Nadu to meet the higher demand for petroleum products in the state. […]
Indian Oil Corporation Limited (IOCL) plans to almost double its refining capacity, from the current 80.7 million tonnes (mt) to 150 mt by 2030, to meet the fast expanding energy needs of the country. As […]
The central government is likely to auction its major oil and gas blocks under the new Hydrocarbon Exploration Licensing Policy (HELP) by early 2017. In March 2016, the government notified the new policy, replacing the […]
Air Costa has received a pan-Indian licence from the Directorate General of Civil Aviation, allowing it to operate flights to any part of the country and connect to metro cities outside the region. Thus far, […]
The board of Kannur International Airport Limited has approved the proposal to extend the runway from 3,050 metres to 4,000 metres under Phase II of the Kannur International Airport project. The board also approved the […]
AAI has granted in-principle approval for the proposed site at Purandar for the greenfield New Pune International Airport. Earlier, the state government had been considering Khed taluka for the airport, but later the site shifted […]
The Delhi-Mumbai Industrial Corridor Development Corporation has appointed a consortium comprising PricewaterhouseCoopers Private Limited, Airport Planners and Design Consulting Private Limited and SPA Legal as transaction advisers for the greenfield Dholera International Airport in Gujarat. […]
The Steering Committee of Greenfield Airports has recommended in-principle approval to three projects in Andhra Pradesh and site clearance for the Kothagudem project in Telangana. The three projects being considered in Andhra Pradesh are at […]
The foundation stone for the Navi Mumbai International Airport Project, Phase I, is likely to be laid by end-October 2016. Meanwhile, the City and Industrial Development Corporation of Maharashtra is expected to commence preparatory works […]
The Chhattisgarh and Puducherry governments have signed an MoU with the MoCA and AAI to boost regional air connectivity in the states. In Chhattisgarh, the ministry will undertake the development of the Jagdalpur, Ambikapur, Raigarh […]
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