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India’s plans to set up a gas trading hub are likely to come to fruition by the first quarter of 2020-21. The draft rules for the operation of the proposed hub have already been finalised […]
India’s plans to set up a gas trading hub are likely to come to fruition by the first quarter of 2020-21. The draft rules for the operation of the proposed hub have already been finalised […]
Against the backdrop of a growing urban population and increasing shortages in service delivery, smart cities in India have been incorporating technologies such as smart meters, geographic information systems (GIS), global positioning systems (GPS), supervisory […]
Ritchie Bros. Auctioneers, the world’s largest industrial auctioneer and a leading used equipment seller, announced that Ann Fandozzi has been appointed as chief executive officer (CEO) and has joined company’s board of directors with effect […]
After a slow start, infrastructure investment trusts (InvITs) are finally making inroads in the infrastructure financing space. The past 12-18 months have been quite eventful in this regard. A slew of regulatory measures have been […]
India is emerging as a major demand centre for natural gas as a result of a sustained policy push by the government and increased investments to improve the infrastructure in the sector. In 2018-19, the […]
India is working towards increasing the share of natural gas in the energy basket, and a major prerequisite for increasing natural gas demand is the development of a countrywide pipeline transmission network. At present, the […]
Urban transportation in the country is currently facing multiple challenges such as pollution, traffic congestion, poor road safety and parking, pointing to an alarming need for transformation of urban mobility via cleaner technologies. One of […]
The Ministry of Power (MoP) has notified a methodology for conducting coal auctions for thermal power plants (TPPs) without power purchase agreements (PPAs). The move is part of the Scheme for Harnessing and Allocating Koyala […]
The Ministry of Shipping has approved the implementation of the Loktak inland waterways improvement project in Manipur under the central sector scheme. The waterway project has been approved at a cost of Rs 255.8 million.
JSW Infrastructure Limited has commissioned its new fully mechanised iron ore terminal at Paradip port. The 370 metre long terminal has a capacity of 18 million tonnes per annum (mtpa) and can load at a […]
Visakhapatnam port and Ranong port in Thailand have decided to form a JV in order to explore mutually beneficial business opportunities such as in coastal shipping. Earlier, the Port Authority of Thailand and the ports […]
JNPT and Container Corporation of India Limited have added a weekly scheduled export train from the inland container depot, Ludhiana, to JNPT. The service will run every Saturday to ensure faster evacuation of export containers […]
The Chennai Port Trust has increased tariff rates by 36 per cent in stevedoring; 15-30 per cent in wharfage, storage and vessel-related charges, and about 50 per cent in demurrage. The increase in tariff rates […]
The Standing Committee on Finance has appraised the implementation of three port projects in Maharashtra and West Bengal. The three projects involve the development of Mumbai marina at Prince’s Dock on a design-build-finance-operate-transfer (DBFOT) basis […]
During April-November 2019-20, the major ports handled 463.07 million tonnes (mt) of traffic, as compared to 461.49 mt in the corresponding period of 2018-19, registering an increase of 0.34 per cent. Deendayal port (erstwhile Kandla […]
The CMA CGM Group has started a new feeder call at Kamarajar port (erstwhile Ennore port). The shipping service, Colombo Ennore Express (CEX) that started on December 4, 2019, will call at the port on […]
In a significant development, the Recycling of Ships Bill, 2019, for safe and environmentally sound recycling of ships has been passed by the Lok Sabha. The existing Shipbreaking Code (Revised), 2013, and the provisions of […]
Essar Ports’ division, the Essar Bulk Terminal has completed the development of a passenger ferry terminal in Hazira, Gujarat. The Hazira passenger ferry terminal has been constructed over a period of eight months and is […]
Cochin Shipyard Limited (CSL) has signed an agreement with the Andaman & Nicobar administration to commence operations at the marine dockyard at Port Blair. As per the agreement, CSL will assist the Andaman & Nicobar […]
The Gujarat government has granted in-principle approval for the development of the Navlakhi port jetty project with the aim of increasing the port’s capacity from 8 mtpa to 20 mtpa. The Gujarat Maritime Board will […]
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