Hindustan Petroleum Corporation Limited (HPCL) is planning to set up a liquefied petroleum gas (LPG) cavern in Vadodara, Gujarat, with an investment of Rs 10 billion. The project will have the capacity to store 60,000 […]
The Government of India and the Government of Bangladesh have inaugurated the Siliguri-Parbatipur product pipeline project. The project, also known as the India-Bangladesh Friendship Pipeline, involves laying a 130 km pipeline from Numaligarh Refinery Limited’s […]
The Petroleum and Natural Gas Regulatory Board (PNGRB) has amended the PNGRB (Determination of Natural Gas Pipeline Tariff) Regulations to incorporate regulations pertaining to a unified tariff for natural gas pipelines, with the mission of […]
The Airports Authority of India (AAI) has set a target for most airports to achieve 100 per cent green energy use by 2024 and net zero by 2030. At present, Mumbai, Cochin and 25 other […]
Preliminary works have been completed for Category I operation of the instrument landing system (ILS) at the Jayprakash Narayan International airport in Patna, Bihar. Category I operations are for precision approach and landing of flights […]
Chennai airport’s new integrated terminal building was inaugurated on April 8, 2023. The building, a part of Chennai airport’s modernisation project Phase II, involved the enhancement of the runway, apron and terminal building capacity, and […]
The Meghalaya government has been directed by the high court to identify land for the construction of a greenfield airport in the state. This follows the evaluation that Shillong airport cannot be extended to accommodate […]
The Haryana government recently conducted an aerial survey for the Hisar airport upgradation project Phase II. The project involves the construction of an integrated terminal building, cargo terminal, air traffic control tower cum technical block, […]
Air India has concluded the first phase of its five-year Vihaan.AI transformation plan. The first phase focused on addressing the legacy issues of the airline and laying the foundation for its future growth. Vihaan.AI was […]
Air India Express launched its operations from Dabolim airport in Goa to Dubai on March 29, 2023. The carrier will operate flights from Goa to Dubai four days a week. This is currently the only […]
REC Power Development and Consultancy Limited (RECPDCL) has handed over six project-specific special purpose vehicles (SPV) through the tariff-based competitive bidding (TBCB) process to Power Grid Corporation of India Limited (Powergrid). The six SPVs are […]
REC Power Development and Consultancy Limited (RECPDCL) has handed over the special purpose vehicle (SPV) Khavda II-A Transmission Limited to Adani Transmission Limited (ATL). ATL has been selected as the successful bidder of the interstate […]
PFC Consulting Limited (PFCCL) has transferred three project-specific SPVs to Powergrid. The three SPVs are Bhadla Sikar Transmission Limited, Dharamjaigarh Transmission Limited and Raipur Pool Dhamtari Transmission Limited. Powergrid has been selected as the successful […]
JSW Neo Energy Limited (JSW Neo), a wholly-owned subsidiary of JSW Energy Limited, has completed the acquisition of 1,753 MW of renewable energy assets from Mytrah Energy (India) Private Limited (MEIPL), in a two-step process. […]
Hindustan Construction Company Limited (HCC) has completed sale of the entire equity stake in Baharampore-Farak.ka Highways Limited (BFHL), the SPV incorporated for implementation of the Baharampore-Farakka Four Laning Highway Project (NH-34), to Cube Highways and […]
KKR has signed an agreement to acquire a toll road from the Hyderabad-based Navayuga Group. The private equity firm is buying the Navayuga Udupi Tollway for Rs 9.24 billion ($113.2 million). The toll road has […]
Adani Ports and Special Economic Zone (APSEZ) Limited has completed the acquisition of Karaikal Port. The acquisition cost is Rs 14.85 billion. Besides, APSEZ will spend Rs 8.5 billion in upgrading the port infrastructure. Karaikal […]
GAIL has received approval for its resolution plan from the Ahmedabad Bench of the National Company Law Tribunal (NCLT) for the acquisition of JBF Petrochemicals Limited for Rs 20.79 billion. A consortium of Indian Oil […]
State-run NLC India Limited plans to invest Rs 10 billion ($125 million) for a 51 per cent stake in a green energy joint venture (JV) it is setting up with Assam Power Distribution Company Limited […]
The board of IOCL has accorded approval for formation of a wholly-owned subsidiary in India, to operate in the domain of low carbon, new, clean and green energy businesses. The proposed wholly-owned subsidiary will focus […]
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