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Home2019October

Month: October 2019

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Power

APTEL directs SERCs to explain delayed tariff hikes

October 18, 2019

APTEL has directed all the SERCs to explain the delay in tariff revisions, inadequate compensation to distribution companies and deferred revenue over the past three financial years. It has directed SERCs to furnish the compliance […]

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Power

APTEL says SERCs cannot modify tariffs under competitive bidding

October 18, 2019

The Appellate Tribunal for Electricity (APTEL) has asserted that state electricity regulatory commissions (SERCs) cannot alter tariffs determined through competitive bidding in the case of Resurgent Power Ventures’ 1,980 MW Bara thermal power plant (TPP). […]

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Power

Central government launches PRAKASH portal

October 18, 2019

The central government has launched a web portal – PRAKASH (Power Rail Koyla Availability through Supply Harmony) – to track the movement of coal from mines to power plants. The portal is designed to help […]

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Ports & Shipping

India allows Nepal to use three inland waterways

October 16, 2019

The Indian government has in principle allowed Nepal to use its three inland waterways. India has consented to grant access to the Kolkata-Kalughat-Raxaul; Kolkata-Sahebgunj-Biratnagar; and Kolkata-Varanasi-Raxaul routes. Nepal will be able to operate its own […]

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Ports & Shipping

India and Bangladesh finalise SOP on the use of Chattogram and Mongla ports

October 16, 2019

The governments of India and Bangladesh have finalised the standard operating procedure (SOP) for the use of the Chattogram and Mongla ports for the movement of goods to and from India. The SOP on the […]

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Ports & Shipping

Kakinada Seaports signs port services agreement with East Coast Concessions

October 16, 2019

A port service agreement has been signed between Kakinada Seaports Limited and East Coast Concessions Private Limited, a wholly owned subsidiary of H-Energy. As per the agreement, H-Energy will develop an LNG regasification and reloading […]

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Ports & Shipping

APSEZL’s resolution plan to buy DPL approved

October 16, 2019

The Committee of Creditors (CoC) of Dighi port has approved the resolution plan submitted by Adani Ports and Special Economic Zone Limited (APSEZL) to buy Dighi Port Limited (DPL) under the Insolvency and Bankruptcy Code, […]

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Ports & Shipping

Gujarat government announces new port policy

October 16, 2019

The Gujarat government has announced a new port policy to provide benefits to existing and future captive jetty players and other players. According to the new policy, the 32 operational captive jetties are now permitted […]

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Ports & Shipping

DPT engages IIM Ahmedabad for devising business strategy to increase cargo traffic

October 16, 2019

The Deendayal Port Trust (DPT) has roped in Indian Institute of Management Ahmedabad for devising a business strategy to boost traffic at the port. In addition, DPT is expected to incorporate a special business development […]

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Ports & Shipping

IPA launches eDO facilities for all PCS stakeholders

October 16, 2019

The Indian Ports Association has launched e-invoice, e-payment and electronic delivery order (eDO) facilities free of charge for all the stakeholders on the port community system, PCS1x. The next-generation eDO is a single platform to […]

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Ports & Shipping

Indian major ports handled 348.45 mt of traffic during April-September 2019

October 16, 2019

During April-September 2019-20, Indian major ports handled 348.45 million tonnes (mt) of traffic, compared to 343.38 mt in the corresponding period of 2018-19, registering an increase of 1.48 per cent. Deendayal port (erstwhile Kandla port) […]

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Oil and Gas

Centre directs ONGC to operate Panna-Mukta offshore field

October 16, 2019

The central government has directed ONGC to operate the Panna-Mukta-Tapti (PMT) offshore fields from December 21, 2019. Earlier, Reliance and Shell each owned a 30 per cent participating interest in the PMT fields, while ONGC […]

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Oil and Gas

MGL passes on cuts in domestic natural gas prices to CGD customers

October 16, 2019

Mahanagar Gas Limited (MGL) has cut down prices for CNG supplied to vehicles by Rs 2.04 per kg and for domestic PNG by Rs 1.19 per standard cubic metre (scm) in and around Mumbai, effective […]

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Oil and Gas

IGL rolls out new CNG and PNG connections to expand its CGD network

October 16, 2019

Indraprastha Gas Limited (IGL) has rolled out more than 200,000 new piped natural gas (PNG) connections and expanded its compressed natural gas (CNG) network to 500 stations by setting up 54 new outlets in 2018-19. […]

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Oil and Gas

ONGC proposes drilling 24 wells in Cauvery basin in Tamil Nadu

October 16, 2019

The Oil and Natural Gas Corporation (ONGC) has proposed the drilling of about 24 wells in CY-ONHP-2018/3 block in the Ramanathapuram and Sivaganga districts in Tamil Nadu. The proposal for grant of the terms of […]

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Aviation

Adani Group registers company despite resistance over privatisation of Trivandrum airport

October 16, 2019

The Adani Group has registered the company Adani Trivandrum International Airport Limited despite the airport’s privatisation plan facing persistent resistance from the Kerala government. In June 2019, the state government had demanded that Trivandrum airport […]

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Aviation

MoCA declines request to increase bilateral flying rights on short-haul destinations

October 16, 2019

The Ministry of Civil Aviation, in a recent meeting, has declined the request of airlines to increase bilateral foreign flying rights on short-haul destinations with certain countries and instead asked airlines to look at other […]

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Aviation

IndiGo’s promoter submits arbitration request in London Court against other partner

October 16, 2019

IndiGo’s promoter Rahul Bhatia and the IGE Group have submitted a request for arbitration in the London Court of International Arbitration against partner Rakesh Gangwal on issues of compliance with the shareholders’ agreement and articles […]

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Aviation

Green nod for commercial airport at Kutch and for expansion works at Hyderabad airport

October 16, 2019

The expert appraisal committee has granted environmental clearances for the development of the proposed commercial airport at Kutch in Gujarat as well as for taking up expansion works at Hyderabad airport. For the airport at […]

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Aviation

Commercial flight from Hindon commences

October 16, 2019

The first commercial flight from Hindon airport (adjacent to an Indian Air Force airbase) commenced on October 11, 2019. This comes long after the airport was inaugurated in March 2019. A nine-seater plane operated by […]

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