The Railway Board has issued an order requiring public sector undertakings (PSUs), including those under the national transporter, to compete for rail contracts with the private sector in the free market. The order, passed on […]
In a notable development, Indian Railways (IR) registered freight loading of 117.34 mt in October 2021, 7.63 per cent higher than that (109.01 mt) in the corresponding period of the previous year. The revenue generated […]
The Indian Energy Exchange (IEX) and Power Exchange of India Limited (PXIL) will resume trading of renewable energy certificates (RECs) from November 24, 2021. The exchanges have resumed this trade after a gap of about […]
The MoP and the Ministry of New and Renewable Energy (MNRE) have issued a revised scheme for flexibility in generation and scheduling of thermal/hydropower stations through bundling with renewable energy and storage power. The revised […]
The Ministry of Power (MoP) has notified the Electricity (Timely recovery of Costs Due to Change in Law) Rules, 2021 and Electricity (Promotion of generation from Renewable Sources of Energy by Addressing Must Run and […]
The union cabinet has approved the formation of a special purpose vehicle (SPV) to privatise the electricity distribution business in the union territories of Dadra & Nagar Haveli and Daman & Diu. Equity shares of […]
The prime minister announced 2070 as the target year for the country to reach net zero emissions at the Conference of the Parties 26 (COP26) conference at Glasgow, UK. India’s other goals include a target […]
As on September 30, 2021, the Indian shipping industry has a fleet of 1,491 vessels with 13.11 million gross tonnage (GT) and 19.73 million deadweight tonnage (DWT). Of the total vessels, 1,025 are coastal vessels […]
Adani Ports and Special Economic Zone Limited has announced a revised berthing policy and tariff structure at Kattupalli port. The revised policy will come into effect from November 1, 2021.
Twelve players have participated in a global tender issued by JNPT to privatise the Jawaharlal Nehru Port Container Terminal (JNPCT). The successful bidder will get the container terminal for a period of 30 years, along […]
The MoPSW inaugurated new radars and a vessel traffic management system (VTMS) at Cochin port on November 1, 2021. The VTMS built at Cochin port in 2009 has been upgraded with a state-of-the-art system that […]
The Syama Prasad Mookerjee Port Trust (erstwhile Kolkata Port Trust) inaugurated the radio over internet protocol (ROIP) system on October 25, 2021. Introduced for the first time at a major port, the ROIP system will […]
During April-October 2021, Indian major ports handled 406.98 million tonnes (mt) of traffic, compared to 355.16 mt in the corresponding period of 2020-21, registering an increase of 14.59 per cent. Port-wise, Deendayal port handled the […]
The Cabinet Committee on Economic Affairs (CCEA) has approved the PM Gati Shakti-National Master Plan. It has also approved the institutional framework for rolling out, implementing, monitoring and supporting multimodal connectivity. The institutional framework includes […]
The MoPSW has issued the tariff policy to be followed by the Major Port Authorities while setting rates for services rendered by them. This development comes in view of the need for a tariff policy […]
In a major development, the MoPSW has finalised the Model Concession Agreement, 2021 (MCA 2021) for public-private partnership (PPP) projects at major ports. Some of the salient features of the MCA 2021 are: remedy to […]
GAIL (India) Limited plans to build a green hydrogen plant in its effort to supplement its natural gas business with carbon-free fuel. The plant, with a planned capacity of 10 MW, is the largest announced […]
The MoP has issued a notification for automatic pass-through of fuel and power procurement costs in tariffs. The ministry has taken into consideration the recent spike in the prices of coal and gas in the […]
A preliminary estimate by AAI and the Ministry of Civil Aviation (MoCA) has suggested that they will need a budgetary allocation of Rs 25 billion under the Regional Connectivity Scheme – Ude Desh Ka Aam […]
According to the Directorate General of Civil Aviation, domestic air passenger volumes spiked 70.46 per cent in October 2021 over October 2020 to reach 8.99 million. Indigo flew 4.81 million passengers in October 2021, accounting […]
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