The Directorate General of Hydrocarbons (DGH) has received 10 bids for eight oil and gas blocks offered under the seventh round of the new exploration policy. Of the 10 bids received, only two are from […]
The Oil and Natural Gas Corporation (ONGC) has unveiled a new oil and gas discovery in the prolific Mumbai basin off the country’s west coast. ONGC discovered oil and gas in the VGN-1 exploration well […]
IOCL is planning three new plants in the Northeast to increase its liquefied petroleum gas (LPG) bottling capacity by 53 per cent, to 80 million cylinders annually, by 2030, in order to meet the growing […]
Bharat Petroleum Corporation Limited (BPCL) has launched a gas distribution network in Aurangabad and Ahmednagar districts of Maharashtra. The company plans to invest around Rs 40 billion for the completion of the project. The project […]
Adani Port and Special Economic Zone Limited has signed an agreement with Indian Oil Corporation Limited (IOCL) to augment IOCL’s crude oil volumes at Mundra port. After the expansion of IOCL’s existing crude oil tank […]
The Reserve Bank of India (RBI) has issued a notification to operationalise the $500 million line of credit (LoC) provided by India to Sri Lanka for buying petroleum products. In February 2022, the Export Import […]
Maharashtra Natural Gas Limited (MNGL) has started trial operations of its liquefied natural gas (LNG) to compressed natural gas (CNG) conversion plant at Pathardi in Ahmednagar district of Maharashtra. The plant is expected to be […]
According to the rating agency ICRA, domestic air passenger traffic increased 19 per cent month on month in February 2022, amidst a decline in Covid-19 cases. However, domestic air passenger numbers in February 2022, at […]
International flights to and from India are set to resume fully from March 27, 2022. This comes two years after the country imposed a total ban on them to curb the spread of Covid-19 cases. […]
The government will reportedly start working on selling the ground handling arm of erstwhile national carrier Air India, and the notice inviting expressions of interest is expected in the next fiscal year (2023-24). Currently, four […]
The government recently approved the detailed project report (DPR) submitted by Andhra Pradesh Airports Development Corporation Limited for Phase I of work on Nellore airport, in public-private partnership (PPP) mode. Though the process of land […]
The Airports Authority of India has started construction work on Maryada Purshottam Sriram Airport in Ayodhya. The first phase of the project, for which Rs 1.5 billion has been allocated, will reportedly be completed in […]
The Pune airport expansion project has received a major boost after the Ministry of Defence agreed to lease 2.5 acres of defence land, as well as grant permission to begin work on the cargo terminal […]
The newly constructed arrival terminal T1 at Delhi’s Indira Gandhi International Airport became operational on February 24, 2022. The new arrival terminal welcomes passengers with a new and enhanced arrival experience. It includes a new […]
The Mines and Minerals Development and Regulations Amendment Bill, 2021, which came into effect on March 22, 2021, established a framework of transparent and nondiscretionary mineral concessions. All major mineral concessions are now given through auction. […]
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