Essar Oil and Gas Exploration and Production Limited (EOGEPL) has crossed 0.8 million standard cubic metres per day (mmscmd) of gas production from the Raniganj East Block in West Bengal via coal bed methane. EOGEPL […]
The Ministry of Petroleum and Natural Gas (MoPNG) has announced that a subsidy of Rs 200 per LPG cylinder will only be extended to below poverty line (BPL) households covered under the Ujjwala scheme. There […]
AG&P Pratham, the city gas distribution (CGD) arm of the Singapore-based Atlantic Gulf and Pacific Group, plans to set up 11 compressed natural gas (CNG) stations and provide piped natural gas (PNG) in Ramanathapuram, Tamil […]
ONGC became the first exploration and production company to trade domestic gas on the Indian Gas Exchange (IGX) on May 23, 2022. The traded gas on IGX was sourced from the ONGC Krishna Godavari 98/2 […]
Oil and Natural Gas Corporation (ONGC) intends to invest around Rs 310 billion towards the exploration and production of crude oil and natural gas in India over the next three years that is, during 2022-25. […]
Gas Authority of India Limited (GAIL) has laid a dedicated natural gas pipeline to HPCL (Hindustan Petroleum Corporation Limited) Mittal Energy Limited’s (HMEL) Bathinda refinery in Punjab in a bid to increase the availability and […]
The Airports Authority of India (AAI) has started the construction work of a new terminal building at Veer Savarkar International Airport, Port Blair. The new building is being constructed to handle the increasing passenger traffic […]
The Government of Uttar Pradesh, in its budget for 2022-23, has announced the development of a dedicated aviation innovation and research centre as well as a maintenance repair and operations (MRO) hub for aircraft at […]
Tata Projects Limited has won the contract for the implementation of Phase I of the Noida (Jewar) International greenfield airport project on an engineering, procurement and construction (EPC) basis. Bids for the project were invited […]
The construction work on eight apron bays under the Bhubaneswar airport upgradation project has been completed. The bays will be used for parking of eight Code C aircrafts. The project involves the upgradation of Biju […]
The Delhi airport has launched its green transportation programme, under which it has decided to introduce electric vehicles on the airside in a phased manner. In the first phase, the airport will launch 62 electric […]
The Government of Maharashtra has released funds worth Rs 527 million for land acquisition for the Kolhapur airport expansion project in Maharashtra. The project involves the extension of the runway with a blast pad, runway-end […]
UK’s global investor Actis has acquired a portfolio of six operating highway toll road projects in India from Welspun Enterprises Limited, part of the Welspun Group, for a total value of $775 million (Rs 60 […]
Essar Power Limited has entered into a definitive agreement with ATL to sell one of its two transmission lines for Rs 19.13 billion. Essar Power Transmission Company Limited has 465 km of transmission lines across […]
The National Investment and Infrastructure Fund (NIIF) is in advanced discussions to acquire a road project jointly owned by Ashoka Buildcon and Macquarie India. The project, located in Madhya Pradesh, is estimated at around Rs […]
Power Grid Corporation of India Limited (Powergrid) has acquired Mohanlalganj Transmission Limited (MTL) in Uttar Pradesh for over Rs 91.1 million, including 10,000 equity shares at Rs 10 each, along with assets and liabilities of […]
Rays Power Infra Private Limited has sold its solar projects in the states of Tamil Nadu, Karnataka and Telangana to two global investors, at an aggregate enterprise value of over Rs 7 billion. Post the […]
Nxtra Data, a subsidiary of Bharti Airtel, has entered into an agreement to buy 5.1 million equity shares in AvaadaMhAmravati Private Limited. These shares account for an 11.696 per cent stake in the company. The […]
All activities related to the sale of the government’s share in Bharat Petroleum Corporation Limited (BPCL), including the use of the data room, are being terminated. Recently, the centre terminated the current expression of interest […]
Swan Energy plans to acquire more than 75 per cent of Veritas (India), a manufacturer of petrochemicals and petroleum products, for Rs 2.6 billion. The Mumbai-based company has already paid Rs 1.72 billion for a […]
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