ATF prices increased

July 2020

The prices of aviation turbine fuel (ATF) have been revised upwards, following the global trend. The new prices are in effect from June 1, 2020. The price of a kilolitre of ATF will cost Rs […]

Airport ground services firm facing higher costs

July 2020

Airport ground services company Air India-SATS is grappling with lower revenues and higher costs due to reduced airline operations combined with new rules for passengers, baggage and aircraft cleaning. The firm plans to pass on […]

India’s first gas trading hub launched

July 2020

India launched its first gas trading exchange on June 15, 2020, enabling local and foreign players such as Shell, Vitol and Trafigura to sell directly to domestic customers. India is expanding its gas infrastructure, including […]

Monopoly in city gas sales to end soon

July 2020

The Petroleum and Natural Gas Regulatory Board (PNGRB) is set to open city gas distribution (CGD) networks across the country to competition, allowing participation of more than one player in a circle. The PNGRB has finalised […]

Power minister launches RTM

July 2020

The power minister launched the pan-India real-time market (RTM) on June 3, 2020, placing the Indian electricity market in the league of a few electricity markets in the world that have RTM. RTM will provide […]

PFC and REC to provide loans under liquidity infusion scheme

July 2020

The Power Finance Corporation (PFC) and REC Limited have decided to offer loans at concessional rates to state distribution utilities under the Rs 900 billion liquidity infusion package to mitigate the impact of COVID-19 on […]

Tata Power takes over CESU’s operations

July 2020

Tata Power has taken over the management of the Central Electricity Supply Utility of Odisha (CESU). The Odisha Electricity Regulatory Commission (OERC) has issued an order vesting CESU with Tata Power with effect from June […]

NTPC and Powergrid offer rebate on fixed charges to discoms

July 2020

NTPC Limited has decided to give a discount of Rs 13.63 billion to discoms on fixed or capacity charges during the lockdown period. The company’s board has also approved deferring the collection of Rs 20.64 […]

Construction work on Vijaypur-Maksi railway electrification project completed

July 2020

Cconstruction work on the Vijaypur-Maksi railway electrification project has been completed. The project involved electrification of the 188 km Vijaypur-Maksi railway line in Bhopal, Madhya Pradesh, at an investment of Rs 1.95 billion. It was […]

RITES Limited signs agreement for acquisition of equity stake in IRSDC

July 2020

RITES Limited has signed an agreement for acquisition of a 24 per cent equity stake in Indian Railway Stations Development Corporation [IRSDC] Limited for Rs 480 million. IRSDC, the nodal agency for implementation of the […]

NHAI to rank roads for quality service

July 2020

In an effort to improve the quality of roads, the National Highways Authority of India (NHAI) has decided to undertake performance assessment and ranking of highways in the country. The assessment audit and ranking of […]

India to ban Chinese companies from highway projects

July 2020

Amid the ongoing India-China tensions, the Ministry of Road Transport and Highways (MoRTH) has announced that India will ban Chinese companies from participating in highway projects, including those through joint ventures (JVs). According to the […]

Supreme Court directs telcos to file audited balance sheets for past 10 years

July 2020

In a big move on the adjusted gross revenue (AGR)-related dues case, the Supreme Court has directed telcos to file audited balance sheets for the past 10 years and come up with payment proposals, and […]

DoT withdraws 96 per cent claims levied against PSUs in AGR case

July 2020

DoT has withdrawn 96 per cent of the claims of over Rs 4 trillion levied by it against public sector undertakings (PSUs). In its earlier hearing on the matter, the Supreme Court had come down […]

RfP bids invited for implementation of e-waste management facility at Pissurlem in Goa

August 2020

Goa Waste Management Corporation Limited invited request for proposal bids for implementation of the Pissurlem electronic waste (e-waste) management project on July 6, 2020. The last date for bid submission is August 18, 2020. The […]

Maharashtra government and MRVC sign agreement for MUTP-III projects

July 2020

The Maharashtra government and the Mumbai Railway Vikas Corporation (MRVC) signed a subsidiary finance agreement for the Mumbai Urban Transport Project (MUTP), Phase III on July 9, 2020. The MUTP is being implemented by the […]


Enter your email address