Power Finance Corporation Consulting Limited (PFCCL) has signed an MoU with PTC India Limited for exploring power procurement from coal-based plants to facilitate signing of power purchase agreements (PPAs) with discoms. As of now, the […]
NTPC Limited has commissioned the second 800 MW unit of the Kudgi supercritical power station in Karnataka. Karnataka as the host state will receive 400 MW while the remaining power will be shared among the […]
The Central Electricity Regulatory Commission has notified the Sharing of Inter-State Transmission Charges and Losses (Fifth Amendment) Regulations, 2017. As per the amendment, transmission charges/losses will be waived for solar power projects commissioned between July […]
The central government inaugurated the weekly cargo service on the Pandu-Dhubri/Hatsingimari stretch of NW-2 (Brahmaputra river) on December 29, 2017. Subsequently, the government flagged off two barges with a capacity of 200 tonnes each, carrying […]
The Cabinet Committee on Economic Affairs approved the implementation of the Jal Marg Vikas project (for navigation capacity augmentation on NW-1) on January 3, 2018. It has been approved at a cost of Rs 53.69 […]
Parliament has passed the Central Road Fund (Amendment) Bill, 2017, to allocate 2.5 per cent of the proceeds of the Central Road Fund (CRF) for the development and maintenance of national waterways (NWs). An allocation […]
The Shipping Corporation of India’s (SCI) vessel, M.V. SCI Mumbai V386, made its maiden call at the Kandla International Container Terminal on January 5, 2018. The vessel is operated by SCI under its SMILE service.
As of December 31, 2017, the Indian shipping industry had a fleet of 1,372 vessels of 12.35 million gross tonnage (GT) and 18.79 million deadweight tonnage (DWT). Of the total vessels, 929 were coastal vessels […]
The Ministry of Home Affairs has waived the requirement of biometric enrolment for cruise passengers arriving on e-visa at five major seaports – Mumbai, Mormugao, New Mangalore, Cochin and Chennai. The exemption has been granted […]
Adani Ports and Special Economic Zone Limited has commenced operations on its container terminal, the Adani Ennore Container Terminal, at Kamarajar port. M.V. SSL Kochi, owned and operated by Shreyas Shipping and Logistics, made its […]
The foundation stone for the new international cruise terminal at Mumbai port was laid on January 11, 2018. It is expected to entail an investment of Rs 3 billion and is scheduled to be completed […]
Construction work on Phase I of JNPT’s fourth container terminal – the Bharat Mumbai Container Terminal – has been completed as per schedule and a provisional completion certificate has been issued to Bharat Mumbai Container […]
During the first nine months (April-December) of the current fiscal year (2017-18), Indian major ports handled 499.41 mt of traffic, compared to 481.87 mt in the corresponding period of 2016-17, registering an increase of 3.64 […]
The Union cabinet approved amendments in the model concession agreement (MCA) for PPP port projects on January 3, 2018. The amendments in the MCA envisage the constitution of the Society for Affordable Redressal of Disputes […]
The Petroleum and Natural Gas Regulatory Board (PNGRB) will offer 100 cities for compressed natural gas (CNG) retail licence bidding in January 2018 on revised terms. The earlier bidding criteria did not include the rate […]
The government is planning to allow private companies to exploit shale reserves in their oil and gas blocks by changing the definition of petroleum in the rules in order to include this resource. The proposed […]
The government has withdrawn its decision to raise liquefied petroleum gas (LPG) prices by Rs 4 per cylinder per month as the move is contrary to its Ujjwala scheme for providing free cooking gas connections […]
ONGC has made a significant oil and gas discovery west of its prime Mumbai High fields in the Arabian Sea. According to the Ministry of Petroleum and Natural Gas (MoPNG), the discovery was made in […]
The Oil and Natural Gas Corporation (ONGC) plans to open a new sedimentary basin in the Gulf of Kutch off the west coast. ONGC has made a significant natural gas discovery in the Gulf of […]
The government has floated a draft policy for boosting oil and gas output through projects using enhanced oil recovery techniques. It has proposed major fiscal incentives including a 50 per cent waiver of the oil […]
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