An empowered high-level committee headed by the cabinet secretary has suggested measures for the revival of stressed assets in the power sector. The panel has suggested that banks can make direct payments to generators by […]
The National Green Tribunal has imposed penalties of up to Rs 50 million on thermal power plants (TPPs) that have not fully disposed of the fly ash generated by them. TPPs failing to comply with […]
The Ministry of Power has announced that households in another eight states have achieved 100 per cent electrification under Saubhagya. The states are Madhya Pradesh, Tripura, Bihar, Jammu & Kashmir, Mizoram, Sikkim, Telangana and West […]
The government has released preliminary “customs facilitating” rules for transshipment services at domestic ports for third-country export cargo from Bangladesh. The rules have been released under a renewed bilateral trade framework between India and Bangladesh. […]
The central government inaugurated Phase IA of the Varanasi multimodal inland water transport terminal project on November 12, 2018. This was marked by the receipt of the first intra-country container vessel carrying PepsiCo’s consignment through […]
Pacific International Lines has upgraded its Pakistan-Mundra Express Service, with effect from November 2018. The upgradation will provide an enhanced direct service between Central/South China and Pakistan/ Mundra, while calling at two terminals of Karachi […]
The Nhava Sheva (India) Gateway Terminal (NSIGT) has won a consortium call under the India-Middle East-East Mediterranean shipping service. As per the vessel-sharing agreement with CMA CGM and Cosco Shipping Lines, the Mediterranean Shipping Company […]
The Cabinet Committee on Economic Affairs (CCEA) has given in-principle approval for the strategic disinvestment of 100 per cent shares of the central government in the Dredging Corporation of India (DCI) to a consortium of […]
The Cabinet Committee on Economic Affairs (CCEA) has given in-principle approval for the strategic disinvestment of 100 per cent shares of the central government in the Dredging Corporation of India (DCI) to a consortium of […]
DMICDC Logistics Data Services Limited has implemented its digital container tracking solution at Cochin port. The initiative is aimed at streamlining the port’s container logistics operations. Meanwhile, the logistics data bank system has also been […]
The Ministry of Commerce has extended the deadline for the installation of radiation monitors and container scanners at 14 ports till March 31, 2019. The ports are Chennai, Cochin, Kamarajar, JNPT, Deendayal, Mormugao, Mumbai, New […]
During the first eight months (April-November) of the current fiscal year 2018-19, Indian major ports handled 461.22 mt of traffic, as compared to 439.96 mt in the corresponding period of 2017-18, registering an increase of […]
The Ministry of Shipping (MoS) has initiated the process of revising the rate regime that governs the country’s first batch of 16 PPP cargo terminals at the major ports. Meanwhile, the validity of the 2005 […]
The government has formed a six-member committee to look into selling up to 149 small and marginal oil and gas fields owned by ONGC and Oil India Limited to private and foreign companies. The panel […]
Great Eastern Energy Corporation Limited (GEECL) is planning to invest $2 billion in its Raniganj (South) block to explore shale reserves in the block. The first half of 2019 will be used for drilling core […]
The government plans to increase the target for the ethanol-blended petrol (EBP) programme further to 20 per cent by 2030. This will be done to bring down the imports of petroleum products as well as […]
Public oil marketing companies (OMCs) are planning to allot about 65,000 petrol pumps across the country soon. This will nearly double the existing retail network. Three oil public sector undertakings, namely, Indian Oil Corporation Limited […]
The Petroleum and Natural Gas Regulatory Board (PNGRB) has invited bids for setting up city gas distribution (CGD) networks in 50 geographical areas (GAs) in the country under the tenth CGD bidding round. The PNGRB […]
Indian Strategic Petroleum Reserves Limited (ISPRL) has signed an MoU with the Abu Dhabi National Oil Company (ADNOC). The MoU explores the possibility of storing crude oil supplied by ADNOC at ISPRL’s underground oil storage […]
The Oil and Natural Gas Corporation (ONGC) is considering production enhancement contracts (PECs) and enhanced oil recovery (EOR) techniques to boost production from its matured oil and gas fields which are currently facing a natural […]
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