RattanIndia Nasik Power Limited has commissioned two units of 270 MW each of its 1,350 MW Nashik coal-based power project at Sinnar in Maharashtra. Bharat Heavy Electricals Limited (BHEL) is the principal contractor for the […]
The Karnataka Electricity Regulatory Commission (KERC) has notified an average tariff hike of 8 per cent for retail supply tariffs for 2017-18. This is significantly lower than the 25 per cent hike sought by the […]
In the Ministry of Power’s Fifth Annual Integrated Rating of State Distribution Utilities (covering 41 discoms), Gujarat’s state discoms have retained the top position. In addition, Uttarakhand Power Corporation Limited has also moved to the […]
Solar power tariffs dropped to a record low of Rs 2.62 per unit in the auction conducted by the Solar Energy Corporation of India for the Bhadla Solar Park, Phase IV, in Rajasthan. The price is even […]
The Supreme Court has disallowed Tata Power Company Limited and Adani Power from charging compensatory tariffs on account of the Indonesian coal price hike issue with respect to the companies power plants in Mundra, Gujarat. […]
The World Bank board approved a loan of Rs 24.23 billion ($375 million) for capacity augmentation of National Waterway (NW)-1 on April 12, 2017. The loan will be provided by the International Bank for Reconstruction […]
As of April 30, 2017, the Indian shipping industry has a fleet of 1,320 vessels of 11.69 million gross registered tonnage (GRT) and 17.49 million deadweight tonnage (DWT). Of the total vessels, 910 are coastal […]
Adani Ports and Special Economic Zone Limited signed a JV agreement with CMA CGM, France, on April 25, 2017, to jointly operate the fourth container terminal, Adani CMA Mundra Terminal Private Limited (ACMTPL), at Mundra […]
The Expert Appraisal Committee of the MoEFCC has recommended the grant of terms of reference for the modernisation and expansion of port infrastructure at Mormugao port. The expansion works include the construction of a fishing […]
JNPT has awarded the contract for the deepening and widening of the JNPT channel and the Mumbai harbour channel, Phase II to the joint venture (JV) of Royal Boskalis Westminster N.V. and the Jan De […]
During the India Integrated Transport and Logistics Summit held during May 3-5, 2017, 34 MoUs worth Rs 2,000 billion were signed. The MoUs were in the areas of port connectivity; the development of logistics parks […]
During April 2017, Indian major ports handled 55.76 mt of traffic, compared to 52.46 mt in the corresponding month of the previous year, registering an increase of 6.27 per cent. Kandla port handled the maximum […]
An MoU has been signed for capacity expansion of the Numaligarh refinery in Assam. Under the expansion project, a 28 inch diameter and 1,400 km long crude oil pipeline of 1 mtpa capacity will be […]
The Chatterjee Group (TCG) is likely to set up a refinery worth Rs 260 billion at Haldia, West Bengal. The company has acquired around 800 acres of land for the project and has another 1,700 […]
Reliance Industries Limited (RIL) will sell the natural gas it produces from coal seams in Madhya Pradesh to its own units located in Gujarat and Maharashtra, at a price of $4.23 per million metric British […]
Bharat Petroleum Corporation Limited (BPCL) has commissioned five out of nine units under the Kochi Integrated Refinery Expansion Project (IREP), Phase III. The project includes the development of a new crude distillation unit with a […]
The government is looking to invest about Rs 300 billion for the expansion of the country’s liquefied petroleum gas (LPG) production and distribution network, in the next three years. A record 34.5 million LPG connections […]
According to the Petroleum Planning and Analysis Cell, India’s crude oil production fell for the fifth consecutive year in 2016-17 as output continued to dip from the country’s ageing oilfields. Output fell 2.5 per cent […]
The Rajasthan State Industrial Development and Investment Corporation has signed an MoU with the ShriVallabh Pittie Group to set up a Rs 20 billion maintenance, repair and overhaul (MRO) facility in Jhalawar. Meanwhile in a […]
A dedicated import cargo processing area has been established at Tiruchirapalli airport in Tamil Nadu. The facility, created adjacent to the existing export freight terminal and set up on over 150 square metres, will cater […]
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