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 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 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 […]

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 […]

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 […]

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 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 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 […]

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 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 […]

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 […]

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 […]

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 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 […]

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 […]

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 […]