The Andhra Pradesh Infrastructure and Investment Board has received interest from as many as 13 companies for the development of the Bhogapuram greenfield international airport project. These include Ramky Infrastructure Limited, the Essel Group, the […]
GMR Hyderabad International Airport Limited has issued letters of intent (LoIs) to Larsen & Toubro (L&T) and Megawide Construction Corporation for contracts worth Rs 30.8 and Rs 9.8 billion, respectively, for developing the Hyderabad airport […]
The Ministry of Civil Aviation laid the foundation stone for the Jabalpur (Dumna) airport expansion project on August 23, 2018. The expansion of the airport is estimated to cost Rs 4.3 billion.
The trial landing of a flight from Kalaburagi airport has been conducted successfully. Construction work on the project worth Rs 1.76 billion is being carried out in three packages. Works for installing the airfield lighting […]
Vistara has signed a deal worth over $340 million with GE Aviation for purchasing the latter’s GEnx-1B engines for its Boeing 787 fleet. The engines will be used for the six B787-9 (Dreamliner) aircraft, the […]
Jet Airways has announced the expansion of its code share agreement with Bangkok Airways to open more destinations to passengers in Vietnam, Thailand and India. British Airways has also entered into a new code share […]
The Ministry of Petroleum and Natural Gas notified the policy framework for streamlining production sharing contracts for New Exploration and Licensing Policy (NELP) and pre-NELP blocks on August 14, 2018. As per the framework, all […]
Oil India Limited (OIL) has discovered highly viscous heavy oil in the infra-Cambrian rock at its Jaisalmer fields. The crude has been extracted from the Jaisalmer field after almost 26 years of OIL getting the […]
India is planning to triple its biofuels production by 2022. The government has planned 12 biofuel refineries in the country at an investment of Rs 100 billion. Each refinery is expected to generate employment for […]
India has requested a renegotiation in the price of the natural gas it will be sourcing through the proposed Turkmenistan-Afghanistan-Pakistan-India pipeline. This is being done in view of the current low in the global energy […]
India has banned the import of petcoke for use as a fuel. However, petcoke import for use as feedstock in some industries is still allowed. The use of petcoke has come under scrutiny due to […]
The government has imposed restrictions on the export of biofuels. Biofuels such as ethyl alcohol, petroleum oil and oils obtained from bituminous minerals, biodiesel and mixtures are covered under this. Earlier, export of these items […]
Vedanta Resources has won 41 of the 55 blocks offered under the first oil and gas auction held under the Open Acreage Licensing Policy (OALP I). Vedanta had put in bids for all 55 blocks […]
An online portal has been launched for enabling booking of common carrier capacity for natural gas transmission through pipelines owned by GAIL (India) Limited. GAIL has been providing third-party access to its pipelines since 2004. […]
Hindustan Petroleum Corporation Limited (HPCL), Bharat Petroleum Corporation Limited (BPCL) and Indian Oil Corporation Limited (IOCL) are planning to share the investments for upcoming product and gas pipelines across the country. This will help them […]
The Ministry of Shipping (MoS) has cleared a bailout plan for stressed PPP projects at the major ports. In addition, the MoS has cleared the criteria for the identification/classification of stressed projects at the major […]
The MoS has opened a four-month window for PPP cargo terminals at the major ports operating under the restrictive rate regime of 2005 to migrate to the market-driven pricing structure finalised in 2013 for new […]
The fourth cement terminal at Cochin port has commenced operations. The cargo vessel, Penna Suraksha, carrying 25,000 tonnes of cement from Krishnapatnam made its maiden call at the terminal on September 5, 2018.
The V.O. Chidambaranar Port Trust has extended the free storage period in the scale of rates (SoR) of the port for facilitating the movement of containers by rail with effect from August 16, 2018. The […]
The central government has inaugurated two post-Panamax quay cranes and four rubber-tyred gantry cranes at the Visakha container terminal. They have a capacity of handling 41 tonnes of cargo, thereby delivering an increased productivity of […]
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