The city gas distribution (CGD) segment has witnessed remarkable growth over the past few years. The existing players have invested significantly in developing infrastructure and expanding operations to new geographical areas (GAs). The Petroleum and […]
Coal mining has remained a government monopoly since 1973. Some initial steps were taken in 2015 to open the sector, with a few coal mines auctioned to captive end-users. Recently, in a big move, the […]
The Ministry of Civil Aviation (MoCA) has approved the proposal to develop an international airport in Ayodhya and has sanctioned Rs 2.5 billion for the operation of ATR-72 aircraft in the first phase. The Uttar […]
Kushinagar airport in Uttar Pradesh has received the necessary clearances from the Director General of Civil Aviation (DGCA) to operate international flights. In June 2020, the union cabinet had approved the Kushinagar airport’s status as […]
According to reports, the government is preparing to put Air India’s profit-making subsidiary, Air India Airport Services Limited (AI APS), on sale. AI APS provides ground handling services, such as handling of ramps, passengers, baggage, […]
The Airports Authority of India has started the process of appointing ground handling agencies for 83 state-run airports for a period of 10 years. The move is aimed at limiting the number of ground handling […]
The government is gearing up to invite financial bids for the sale of Air India by the end of March 2021. The target is to complete the process by the second half of 2021. The […]
Egis India is planning to make an equity investment in the airport redevelopment and privatisation plans of the Indian government. The company plans to invest Euro 75 million in India in the next five years, […]
India has recently signed air bubble agreements with Uzbekistan and Seychelles. India now shares bilateral travel arrangements with 27 countries, including Afghanistan, Bahrain, Canada, France, Germany, Iraq, Japan, Maldives, Nigeria, Qatar, the UAE, the UK […]
The MoCA has reported that IndiGo, SpiceJet and GoAir had an on-time performance (OTP) of 93.7 per cent, 76.9 per cent and 72.8 per cent, respectively, in January 2021. IndiGo’s OTP was 97.5 per cent […]
The DGCA has reported that India’s total commercial aircraft fleet stands at 716 as of end 2020. As per official figures, India had 695 aircraft at the beginning of 2020. Over the year, 73 aircraft […]
The central government has inaugurated a Rs 60 billion propylene derivative petrochemical project at Bharat Petroleum Corporation Limited’s (BPCL) Kochi refinery. The project will help generate 500,000 million tonnes per annum (mtpa) of propylene. This […]
The Oil and Natural Gas Corporation has signed a share purchase and shareholders agreement with the Indian Gas Exchange (IGX) and the Indian Energy Exchange (IEX) to acquire a 5 per cent stake in the […]
Gujarat-based city gas distribution (CGD) companies are planning to aggressively add new compressed natural gas (CNG) stations. This expansion is driven by the government’s greater push for the usage of cleaner fuels, the growing adoption […]
The Indian Oil Corporation (IOC) plans to invest Rs 329.46 billion to expand the capacity of its oil refinery at Panipat in Haryana to 25 mtpa, and set up chemical units. The expansion will be […]
IOC is planning to set up two mega biorefineries in Telangana and Andhra Pradesh, as part of its transition from fossil fuels to multi-source, clean energy. According to IOC, these second-generation biorefineries, which will extract […]
The Syama Prasad Mookerjee Port (SMP), previously known as Kolkata port, has entered into an agreement with the Mumbai-based Hiranandani Group to build a jetty-based LNG terminal at East Midnapur for storage and regasification of […]
The central government has notified the Major Port Authorities Act, 2021 in the Official Gazette, after it was signed into law by the President of India. Accordingly, the Act will convert 11 of the 12 […]
During April-February 2020-21, the major Indian ports handled 600.63 million tonnes (mt) of traffic, compared to 643.1 mt in the corresponding period of 2019-20, registering a decline of 6.61 per cent. Port-wise, Deendayal port handled […]
Sagarmala Development Company Limited has signed 48 MoUs, entailing an investment of Rs 118.7 billion for maritime projects, with a number of public and private sector players. The projects pertain to the development of product-specific […]
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