World Bank has signed a deal worth $200 million with the Government of India and the Government of Himachal Pradesh for a project that will facilitate power sector reforms in Himachal Pradesh and increase the […]
The Ministry of Power (MoP) has released the procedure for the implementation of a uniform renewable energy tariff for end power procurers, including discoms and open-access consumers. The procedure establishes a framework for different central […]
The MoP has announced the minimum renewable purchase obligations (RPO) for the period April 2024-March 2030. These rules apply to all designated consumers, including captive users, open-access consumers and energy distribution licensees. The new category […]
REC Limited has signed three MoUs totalling Rs 403.58 billion to support and finance various projects in Odisha over the coming years. The first MoU is with Odisha Power Generation Corporation Limited to finance the […]
Adani Energy Solutions Limited has commissioned the 1,756 ckt. km., 765 kV Warora-Kurnool transmission line under the Warora-Warangal and Chilakaluripeta-Hyderabad-Kurnool 765 kV Link Project. The project will strengthen the national grid to ensure a seamless […]
The Deendayal Port Authority (DPA) recently updated the berthing policy for Deendayal Port, allowing any vessel scheduled to be shifted out before completion of cargo work to continue cargo operation till the next immediate suitable […]
The Gujarat Maritime Board (GMB) is planning to enhance the capacity, efficiency, safety and sustainability of its port operations. A master plan and an implementation plan are to be prepared for its non-major ports, up […]
During the Global Maritime India Summit (GMIS) 2023, 360 memoranda of understanding (MoUs) with an investment requirement of Rs 8.35 trillion were signed. Besides, investible projects worth Rs 1.68 trillion were announced. These MoUs focus […]
On October 17, 2023, the Maritime Amrit Kaal Vision 2047, the long-term blueprint for the Indian maritime economy, was launched. The vision blueprint outlines strategic initiatives aimed at enhancing port facilities, promoting sustainable practices and […]
The central government laid the foundation stone for the mega container terminal project at Tuna-Tekra in Gujarat’s Kandla Port on October 17, 2023. It is being implemented by Hindustan Infralog Private Limited, a joint venture […]
The Petroleum and Natural Gas Regulatory Board (PNGRB) has invited bids for the grant of authorisation for the development of city gas distribution (CGD) networks in seven geographical areas (GAs), under Round 12 of the […]
Indraprastha Gas Limited (IGL) has inaugurated its company-owned, company-operated compressed natural gas (CNG) station at NTPC Dadri, Gautam Budh Nagar, in the state of Uttar Pradesh. The CNG station will cater to Noida and adjoining […]
AG&P Pratham has inaugurated a city gate station (CGS) at Vallam, Kancheepuram, in the state of Tamil Nadu. With this, there are 32 stations in the Kancheepuram GA. The CGS will provide piped natural gas […]
IOCL has acquired Mercator Petroleum Limited (MPL) in an insolvency proceeding for Rs 1.48 billion. In 2008, MPL had won CB-ONN-2005/9, an oil and gas exploration block in Cambay Basin, Gujarat, with a potential oil […]
IOCL’s JV, IndianOil LNG Private Limited (IOLPL), is planning to invest funds worth Rs 34 billion to double the capacity of the Ennore LNG terminal inside Kamarajar Port in Chennai, Tamil Nadu to 10 mtpa, […]
Think Gas has commissioned an online CNG station at Bangar, Baghpat. With this, there are nine CNG stations in the Baghpat district of Uttar Pradesh. The station is strategically located on the Saharanpur-Delhi highway, and […]
GAIL (India) Limited and Bharat Petroleum Corporation Limited (BPCL) have signed a propane supply agreement worth Rs 630 billion for the Usar petrochemical complex. As per the agreement, GAIL will procure 600 ktpa of propane […]
Oil and Natural Gas Corporation Limited (ONGC) is likely to commence production of crude oil from the Cluster 2 fields in the KG-DWN-98/2 (KG-D5) block in the Bay of Bengal in December 2023. The floating […]
ONGC has planned to invest Rs 1 trillion to set up two petrochemical plants in two states for the direct conversion of crude oil into high-value chemicals, by 2030. While it plans to set up […]
Construction work has commenced on Prayagraj Airport’s new terminal building. The project is likely to be completed by early 2025. It involves the development of a new terminal building, a second link taxi track and […]
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