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 […]
According to reports, the Airports Authority of India (AAI) is likely to procure two counter-drone systems worth Rs 99 million in 2022-23. The counter-drone system is expected to provide a comprehensive, multi-sensor-based solution for drone […]
According to reports, Tata Sons has started work on the merger of AirAsia India with Air India’s low-cost airline, Air India Express, in a bid to achieve synergies and reduce operational costs. However, Tata Sons […]
The Tata Group, the winning bidder in the Air India Limited divestment process, and the central government signed a share price agreement (SPA) for the sale of the national carrier. The SPA, which is a […]
IOCL plans to invest around Rs 36 billion in setting up India’s first mega-scale maleic anhydride plant with a capacity to produce 120,000 tonnes of maleic anhydride per annum. Maleic anhydride is used in polyester […]
IOCL, Bharat Petroleum Corporation Limited (BPCL) and Hindustan Petroleum Corporation Limited (HPCL) plan to set up 22,000 electric vehicle (EV) charging stations over the next three to five years. IOCL plans to set up EV […]
Indian Oil Corporation Limited (IOCL) and NTPC Limited have signed an MoU to collaborate in the field of renewable energy and mutually explore opportunities for the supply of low-carbon captive power. The move is expected […]
The Ministry of Petroleum and Natural Gas (MoPNG), along with the Society of Indian Automobile Manufacturers Association (SIAM), has identified 1,000 locations in India for setting up commercially viable liquefied natural gas (LNG) fuelling stations […]
Cairn Oil and Gas Limited, a Vedanta group company, has entered into an agreement with Halliburton Offshore Services to increase the recoverable hydrocarbon reserves from its offshore assets. Cairn aims to increase the yield from […]
The Government of India (GoI) plans to double the oil and gas exploration acreage in the Northeast from 30,000 square km to 60,000 square km by 2024-25. It also aims to expand the national natural […]
In a notable development, the Oil and Natural Gas Corporation (ONGC) has signed an MoU with Saudi Aramco for feedstock and marketing. The two companies will look into the long-term supply contracts for the sale […]
The foundation stone of the Noida International Airport at Jewar in Uttar Pradesh was laid on November 25, 2021. The airport is spread across an area of 5,000 acres and will be developed at an estimated […]
Over four years into its launch, the Regional Connectivity Scheme – Ude Desh Ka Aam Nagrik (RCS-UDAN) has been able to make air travel a more affordable and convenient mode of transportation for a wider […]
In India, although the development of the electric vehicle (EV) market has been marginal as compared to more established markets in Europe, North America and China, it has gained notable traction in recent years, after […]
November Issue 2021
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