Indian Oiltanking Limited (IOTL), a joint venture of IOCL and the Jawaharlal Nehru Port Trust (JNPT), has signed an MoU committing Rs 1.5 billion to infrastructure development near JNPT. The MoU was signed at the […]
JNPT has signed over 30 MoUs of around Rs 270 billion with potential investors for port projects, technology transfer, and development of plots in the JNPT special economic zone, on February 24, 2021. These MoUs […]
The Chennai Port Trust has signed an MoU with the Container Corporation of India (CONCOR) declaring CONCOR’s inland container depot Tondiarpet in Chennai as the extended gateway of the port. The MoU is expected to […]
The Paradip Port Trust has signed 27 MoUs with various stakeholders at the Maritime India Summit 2021, to further enhance the economic growth of Odisha. Of the 27 MoUs, 15, worth Rs 38.79 billion, are […]
The central Government has inaugurated the international cruise terminal, Sagarika, and two ro-ro vessels at Cochin port. It has also laid the foundation stone for the reconstruction of the south coal berth at the port. […]
As of January 31, 2021, the Indian shipping industry has a fleet of 1,468 vessels, with a cumulative 12.89 million gross tonnage (GT) and 19.5 million deadweight tonnage (DWT). Of the total vessels, 1,002 are […]
An MoU has been signed between the Inland Waterways Authority of India (IWAI) and MOL (Asia Oceania) Pte. Limited for the transportation of liquefied petroleum gas (LPG) through barges on National Waterways 1 and 2. […]
The Ministry of Power (MoP) has issued the Electricity Late Payment Surcharge (LPS) Rules, 2021. The new rules will be applicable to power purchase agreements and transmission service agreements in which the tariffs have been […]
The MoP has notified the division and demerger of the Central Transmission Utility and Power Grid Corporation of lndia Limited Transfer Scheme, 2021. Further, the MoP has notified Central Transmission Utility of India Limited, a […]
REC Limited and Power Finance Corporation Limited (PFC) have signed an MoU with Kholongchhu Hydro Energy Limited (KHEL) for financing of a 600 MW hydroelectric project (HEP) at Trashiyangtse, Bhutan. The project is proposed to […]
According to the Ministry of Finance, five more states, namely, Bihar, Goa, Karnataka, Rajasthan, and Uttarakhand, have become eligible for reform-linked borrowings in the power sector. The borrowing cap is linked to the power sector […]
Powergrid has secured two electricity transmission projects through the tariff-based competitive bidding route on a build-own-operate and maintain basis. These projects are part of the Transmission Systems Strengthening Scheme for the evacuation of power from […]
The Bombay High Court has suspended the tender process for the privatisation of a discom in the Union Territories of Dadra & Nagar Haveli and Daman & Diu, in a public interest litigation case. On […]
Indian Railways (IR) has registered a cumulative freight loading volume of 1,102.17 mt for the year 2020-21, as of February 28, 2021, 0.01 per cent higher as compared to the volume in the corresponding period […]
The capex utilisation in the dedicated freight corridor (DFC) project has increased by 21 per cent as compared to last year. A capex of Rs 82.01 billion has been registered in the first 10 months […]
IR is reportedly launching a non-stop passenger rail service between India and Bangladesh, with effect from March 26, 2021. The service is expected to boost tourism between the two countries, and facilitate their trade and […]
IR has launched the Kotdwar-Delhi Junction-Kotdwar Siddhabali Jan Shatabdi special train. This is expected to boost tourism and connectivity in the region. The train’s Linke Hofmann Busch coaches include AC chair cars, chair car coaches […]
IR has slightly raised the fares for passenger and other short distance trains in a bid to discourage people from unnecessary and avoidable travell. The fares have been fixed to be on a par with […]
IR has decided to reactivate the UTSonMobile app in zones where unreserved train services have been reintroduced. The decision comes in a bid to avoid any inconvenience to passengers in booking unreserved tickets, and to […]
The National Highways Authority of India (NHAI) has raised around Rs 6.4 billion more than the base price for the fifth round of its toll-operate-transfer auctions. The authority received bids worth Rs 22.62 billion, against […]
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