Hindustan Power Exchange Limited, promoted by PTC India Limited, BSE and ICICI Bank, has commenced operations after receiving all necessary approvals from the CERC. The exchange is backed by the latest technology and a series […]
The centre has floated draft guidelines for operating roll-on, roll-off (ro-ro) ferry services on India’s coastline. The guidelines encompass the two aspects of ferry operation – concessions for terminal operation and licence for operation of […]
The government is planning to focus on port connectivity projects during financial year 2022-23. There are 50 detailed project reports (DPRs) lined up for finalisation in 2022-23. Port connectivity road projects are being developed to […]
The Ministry of Ports, Shipping and Waterways is planning to take steps to strengthen capacity and technology at major ports to make them competitive with private players. The ministry has asked the port authorities to […]
The Deendayal Port Authority, Kandla, commissioned West Gate-2, the second gate of the e-Drishti project Phase I radio frequency identification (RFID)-based access control system, for entry and exit into and from the port. The port management […]
Rail Vikas Nigam Limited (RVNL) and Shyama Prasad Mookerjee Port, Kolkata (SMPK), have signed an MoU for the infrastructure development of rail-port connectivity to improve the logistical efficiency of the port. Currently, SMPK owns and […]
India’s National Investment and Infrastructure Fund (NIIF) will invest Rs 22.5 billion for a 22.5 per cent stake in DP World’s wholly owned subsidiary, Hindustan Ports, in order to expand their partnership. The deal is […]
The Deendayal Port Trust has announced plans to develop two more oil jetties to meet the import requirements of the country. The jetties will handle large vessels of 65,000 deadweight tonnage (DWT) and 80,000 DWT […]
The Ministry of Petroleum and Natural Gas (MoPNG) has launched the eighth round of the open acreage licensing programme (OALP) bid, offering 10 blocks for international competitive bidding. The bids can be submitted through a […]
The central government has inaugurated the 533 km Bokaro-Angul gas pipeline section in Jharkhand and Odisha for both domestic and industrial use. The project is expected to provide cheap gas to homes as well as […]
The Oil and Natural Gas Corporation has awarded a contract worth Rs 1.5 billion to Deep Industries Limited. The order pertains to charter hiring of two 1,000 HP mobile drilling rigs for a period of […]
Hindustan Petroleum Corporation Limited (HPCL) has inaugurated a new CNG station in Mainpuri, Uttar Pradesh. The CNG station is established at the Maa Gayatri filling station on NH-91 Kurawali-Aligarh Road. HPCL has already opened seven […]
The central government has dedicated 166 CNG stations across 14 states in the country. These CNG stations have been set up by GAIL (India) Limited and nine of its group CGD companies in 41 GAs […]
India has introduced export duties for gasoil, gasoline and jet fuel. This will help boost domestic supplies in addition to imposing a windfall tax on oil producers that have benefited from higher prices for petroleum […]
In a bid to cater to the growing gas demand, GAIL India Limited (GAIL) is planning to set up small liquefaction facilities. This will help transport gas from isolated fields and cater to the gas […]
The central government inaugurated the Deoghar International Airport Project Phase I on July 12, 2022. The project involved the development of an airport in Deoghar in Jharkhand at an investment of Rs 4.01 billion. The […]
The Cabinet Committee on Economic Affairs has approved the implementation of Phase I of the Dholera (Federal) International Airport project. The project is likely to be completed in 48 months at an estimated cost of […]
The construction work on the linear expansion of the existing integrated terminal building under the Visakhapatnam airport expansion project has been completed. The project involved the linear expansion of the existing integrated terminal building from 19,800 square metres to 29,050 square metres, extension […]
The Competition Commission of India (CCI) has approved the acquisition of AirAsia India by Air India. In the shareholders’ agreement between AirAsia and Tata Sons, the latter will purchase AirAsia’s 16.33 per cent stake either […]
The French engine maker Safran Engineering will invest up to $200 million in the maintenance, repair and overhaul (MRO) facility in Hyderabad. The facility will be the biggest in India to be set up by […]
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