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Home2017August

Month: August 2017

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Ports & Shipping

Essar signs agreement with GMB for terminal expansion at Hazira port

August 12, 2017

Essar Bulk Terminal Limited has signed an agreement with the Gujarat Maritime Board for the expansion of the bulk cargo terminal at Hazira port. The project will be implemented in phases. The waterfront part is […]

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Ports & Shipping

Tuticorin Coal Terminal receives provisional operations certificate for north cargo berth II

August 12, 2017

Tuticorin Coal Terminal Private Limited, a subsidiary of Starlog Enterprises Limited, has received a provisional certificate for the commencement of commercial operations of North Cargo Berth II at V.O. Chidambaranar port. The project is being […]

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Ports & Shipping

Kakinada Seaports-led consortium won rights for a coal-handling terminal at Paradip port

August 12, 2017

A Kakinada Seaports Limited-led consortium has won the rights to develop and operate a coal handling terminal for a period of 30 years at Paradip port. The consortium of Kakinada Seaports Limited, Bothra Shipping Services […]

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Ports & Shipping

PPT signs concession agreement for development of new coal berth

August 12, 2017

The Paradip Port Trust has signed a concession agreement with Kalinga International Coal Terminal Paradip Private Limited (KICTPPL) for the development of a new coal berth at the port. KICTPPL is the SPV set up […]

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Ports & Shipping

JNPT receives six e-RTGCs from Sany Group

August 12, 2017

JNPT has taken delivery of six new electrically operated rubber-tyred gantry cranes (e-RTGCs) from the Sany Group. This is the first part of the order for 15 new e-RTGCs that JNPT had placed in April […]

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Ports & Shipping

VOCPT signs MoU for upgradation of CJ-I and II

August 12, 2017

The V.O. Chidambaranar Port Trust has signed an MoU with Tamil Nadu Generation and Distribution Corporation Limited (TANGEDCO) for the upgradation of coal jetties (CJ) I and II. The combined estimated capacity of CJ I […]

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Ports & Shipping

Indian ports handled 221.96 mt of traffic during April-July 2017

August 12, 2017

During the first four months (April-July) of the current fiscal year (2017-18), Indian major ports handled 221.96 million tonnes (mt) of traffic, compared to 213.16 mt in the corresponding period of 2016-17, registering an increase […]

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Ports & Shipping

Rajya Sabha passes Admiralty (Jurisdiction and Settlement of Maritime Claims) Bill, 2017

August 12, 2017

The Rajya Sabha passed the Admiralty (Jurisdiction and Settlement of Maritime Claims) Bill, 2017, on July 24, 2017. The bill aims to establish a legal framework to consolidate the existing laws relating to admiralty jurisdiction […]

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Ports & Shipping

Union cabinet approves revalidation of permission to raise EBRs as GoI bonds

August 12, 2017

The Union cabinet has approved the revalidation of the permission to raise extr budgetary resources of Rs 6.6 billion as Government of India bonds by the Inland Waterways Authority of India (IWAI) in 2017-18. The […]

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Oil and Gas

Government mulls over delivery of fuels at home

August 12, 2017

The delivery of fuels (such as petrol and diesel) to homes is being mulled over as government-owned fuel retailers are in advanced talks with the Petroleum and Explosives Safety Organisation (PESO) on the formulation of […]

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Oil and Gas

GAIL completes land acquisition for its Kochi-Kanjirakode-Bangalore/Mangalore gas pipeline project

August 12, 2017

GAIL (India) Limited has completed land acquisition for its Kochi-Kanjirakode-Bangalore/Mangalore gas pipeline project. The project involves the construction of a 1,156 km long pipeline with a 16 mmscmd capacity (including 4 mmscmd as common carrier) […]

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Oil and Gas

BPCL plans to venture into gas business

August 12, 2017

Bharat Petroleum Corporation Limited plans to venture into the gas business and diversify the sourcing of fuels as a part of its five-year plan to expand its value chain. The company is targeting a spend […]

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Oil and Gas

ONGC approves Rs 31.04 billion for drilling of wells at Tripura gas fields

August 12, 2017

The Oil and Natural Gas Corporation (ONGC) has approved an additional investment of Rs 31.04 billion for drilling wells and creating surface facilities to produce gas from the Tripura gas fields. The company will produce […]

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Oil and Gas

MoPNG plans a new policy on biofuels

August 12, 2017

In order to curb India’s dependence on imported crude oil, the Ministry of Petroleum and Natural Gas (MoPNG) has stated that it is planning to unveil a new policy on biofuels. The government has been […]

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Oil and Gas

MoPNG plans a new policy on biofuels

August 12, 2017

In order to curb India’s dependence on imported crude oil, the Ministry of Petroleum and Natural Gas (MoPNG) has stated that it is planning to unveil a new policy on biofuels. The government has been […]

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Aviation

MOCA grants site clearance for Rajkot greenfield airport

August 12, 2017

The MoCA has granted site clearance for the Rajkot greenfield airport project. The airport will be built in Hirasar village in Gujarat’s Rajkot district. The greenfield airport will entail an investment of Rs 12 billion […]

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Aviation

Three-pronged strategy finalised for Air India divestment

August 12, 2017

The Cabinet Committee on Economic Affairs (CCEA) has finalised a three-pronged strategy for the disinvestment of Air India. This involves the demerger and strategic disinvestment of three profit-making subsidiaries, hiving off certain assets into an […]

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Aviation

EAC recommends grant of ToR for Bhiwadi airport, EC for Vijayawada runway extension and Hyderabad airport expansion

August 12, 2017

The Expert Appraisal Committee of the Ministry of Environment, Forest and Climate Change (MoEFCC) has recommended the grant of terms of reference (ToR) for the Bhiwadi international airport that will be developed at an investment […]

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Aviation

Leh airport expansion and Sabarimala greenfield airport projects move forward

August 12, 2017

The Indian Air Force has handed over 11.8 acres of land to AAI, paving the way for the Leh airport expansion project. The project, which has been pending for over 10 years, has an estimated […]

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Aviation

UP government infuses Rs 40 billion for Jewar airport Phase I development

August 12, 2017

The Uttar Pradesh government will provide funds to the tune of Rs 40 billion for Phase I works of the Jewar airport development project. The decision to form a special purpose vehicle (SPV) to generate […]

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