The MoEFCC has granted environmental clearance for the Machilipatnam port project. The project involves the development of a greenfield, modern, all-weather, deepwater, multipurpose port at Machilipatnam in Krishna district in a phased manner on an […]
The MoPSW has notified the rules for setting up the Major Ports Adjudicatory Board, which will take over as the nodal body for tariff setting and PPP dispute resolution for all major ports. The board will take over […]
On January 27, 2023, the MoPSW inaugurated the National Logistics Portal (marine). This is a one-stop platform aimed at connecting all the stakeholders of the logistics community using information technology, in order to improve efficiency […]
In a notable development, the centre has set a target of Rs 67 billion from asset monetisation in the ports and shipping sector for financial year 2023-24. Key projects include a Rs 20 billion berth […]
According to the Economic Survey 2022-23, the capacity of major ports increased from 871.5 mtpa in March 2014 to 1,534.9 mtpa by the end of March 2022. In order to further enhance the efficiency of […]
In the Union Budget for financial year 2023-24, the Ministry of Ports, Shipping and Waterways (MoPSW) has been allocated a budget estimate of Rs 22.19 billion. This is lower than the budget estimate of Rs […]
The Kerala government has inaugurated liquefied-CNG stations at Kochuveli, Thiruvananthapuram and Cherthala, Alappuzha. It has been built by AG&P Pratham as part of a project to provide piped natural gas connections to households in the […]
Indraprastha Gas Limited (IGL) has commenced construction work on a city gas distribution (CGD) project across Banda, Chitrakoot and Mahoba in Uttar Pradesh. IGL has also commenced operations at its compressed natural gas (CNG) station […]
Indian Oil Corporation Limited is planning to invest over Rs 22 billion in Tamil Nadu over the next two years towards major grassroots and expansion projects in the state. These projects include grassroots terminals at […]
The Oil and Natural Gas Corporation (ONGC) is set to start commercial crude oil production from its prolific deepwater block KG-DWN-98/2 in May 2023 and gas production in May 2024, after numerous delays. ONGC plans […]
The Dhamra port liquefied natural gas (LNG) terminal project is likely to be commissioned by April 2023. Dhamra LNG Terminal Private Limited, a company owned by Adani Enterprises Limited, is setting up an LNG terminal […]
A consortium of Reliance Industries Limited and BP Exploration (Alpha) Limited is likely to commence production from its deepwater MJ gas condensate field at KG-D6 block, Bay of Bengal, soon. The R-cluster and satellite cluster […]
The MoPNG has extended the bid due date for the exploration and development of 10 oil and gas blocks under the eighth round of the Open Acreage Licensing Policy (OALP), itself part of the Hydrocarbon […]
The Ministry of Petroleum and Natural Gas (MoPNG) has issued a notification pertaining to the marketing and pricing freedom of gas produced from discoveries in deepwater, ultra-deepwater and high pressure, high temperature areas. As per […]
On January 26, 2022, AAI announced that it is implementing the Digi Yatra app at the Kolkata, Pune and Vijayawada airports. This comes after the successful implementation of the app at Varanasi airport. The contactless […]
IndiGo has introduced Super 6E flights to 23 international destinations, namely, Colombo, Kuala Lumpur, Dammam, Jeddah, Bangkok, Hong Kong, Kuwait, Doha, Hanoi, Ho Chi Minh, Vietnam, Male, Kathmandu and Riyadh. These flights include facilities such […]
Air India has finalised an order for around 250 aircraft with Airbus and around 220 aircraft with Boeing, in accordance with plans to expand its operations and fleet. The deal is expected to be announced […]
The Chaudhary Charan Singh International Airport in Lucknow has received environmental clearance from the Ministry of Environment, Forest and Climate Change (MoEFCC) to enhance the passenger handling capacity by up to 39 million passengers per […]
Land acquisition for the Bhogapuram greenfield international airport project (Vizianagaram) has been completed, with the acquisition of 2,200 acres of land on the Srikakulam-Vizianagaram-Srikakulam stretch. The project involves the design, building, financing, construction, development, upgradation, […]
As per the Economic Survey 2022-23, credit to the aviation sector declined by 8.7 per cent in November 2022 due to the uncertain growth prospects within the global aviation market. Despite that, India’s civil aviation […]
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