The Ministry of Power (MoP) has notified the methodology prepared in consultation with the Ministry of Coal (MoC) for allocation of coal to power plants for short-term use as per the provisions of Para B(viii) […]
The CERC has released the CERC (Deviation Settlement Mechanism and Related Matters) Regulations, 2022. These regulations will be applicable to all grid-connected regional entities and other entities en-gaged in interstate purchase and sale of electricity. […]
In a suo motu order issued by the CERC, the regulator has capped the prices of spot power traded on the exchanges at Rs 12 per unit, in view of extreme volatility in prices amid […]
The Central Electricity Regulatory Commission (CERC) has approved the procedure for short-term open access (STOA) in the interstate transmission system (ISTS) through the National Open Access Registry (NOAR). The NOAR will be a common electronic […]
JSW Infrastructure Limited has commissioned its first container terminal at the New Mangalore Port Trust (NMPT) in Karnataka. The terminal project involves a phase-wise investment of Rs 3 billion to expand its capacity to 0.4 […]
The development of Pandu port as an inland shipping hub in the Northeast is being initiated, as the government has approved a project for developing National Waterway (NW)-2 entailing an investment of Rs 4.61 billion […]
The MoPSW plans to develop a model concession agreement (MCA) for port projects that use the equip, operate and transfer (EOT), and operations and maintenance (O&M) models. The terms and conditions of a port contract […]
The Assam government has signed a petroleum mining lease with Oil India Limited (OIL) for the exploration of petroleum products in eight blocks in return for an annual royalty of Rs 20 billion. The eight […]
ONGC plans to commercialise another basin – the Vindhyan basin – in Madhya Pradesh. This would be the ninth producing basin of India and eighth by ONGC. The exploratory well Hatta#3 was drilled with the […]
In a notable development, the Directorate General of Hydrocarbons (DGH) has announced the bidding for discovered small fields-III (DSF-III). The bidding round started from April 1, 2022 and the last date for bid submission is […]
According to the Airports Authority of India (AAI), Indian airports could witness the total number of domestic and international passengers return to pre-Covid levels by the end of financial year 2023. AAI has estimated a […]
Domestic air passenger traffic in India grew by 35 per cent to 10.6 million in March 2022 as compared to 7.8 million in March 2021. The capacity deployment of airlines rose to 80,217 in March […]
Navi Mumbai International Airport Private Limited (NMIAL), a subsidiary of Adani Enterprises Limited, has achieved financial closure for the Navi Mumbai International Airport project. The State Bank of India has underwritten the entire debt requirement […]
The Maharashtra government transferred funds worth Rs 260 million for runway extension work under the Kolhapur airport expansion project on March 21, 2022. The same are likely to be used for the acquisition of […]
On April 5, 2022, the Greater Noida Industrial Development Authority allocated funds worth Rs 3.5 billion for the Noida (Jewar) International Airport under the 2022-23 budget. Meanwhile, around the same time, the New Okhla Industrial […]
Construction work on Phase I of Deoghar International Airport has been completed. With this, commercial operations are likely to commence soon. The project involves the development of an airport in Deoghar in the state of […]
India is increasingly banking on smart technologies to address the country’s urban explosion. This new strategy has allowed the government to use its resources and plan infrastructure development in a more sustainable and effective manner, as […]
Indian Railways (IR) has displayed a noteworthy performance in financial year 2021-22. It has achieved milestones in various categories including freight loading, electrification, new line/doubling/gauge conversion, locomotive production, and technology integration for ensuring safety. From […]
As part of the Smart Cities Mission (SCM), innovative solutions have been deployed to drive economic growth and improve the quality of life of people. The key segments of the mission where technology interventions have been […]
The railway sector has been one of the key focus areas of the government for several years now. With the aim of transforming and modernising Indian Railways (IR), the government has made considerable investments in […]
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