News Archives - Page 537 of 543 - Indian Infrastructure

Companies to acquire a unified licence under HELP for all hydrocarbon reserves

March 1, 2016

The government has introduced the Hydrocarbon Exploration and Licensing Policy (HELP), which will require companies to acquire a unified licence to manage all hydrocarbon reserves such as oil, gas, shale and coal bed methane. According […]

MoPNG to set up trading desks for OMCs

March 1, 2016

The Ministry of Petroleum and Natural Gas (MoPNG) is working on a policy for setting up a trading desk for oil marketing companies (OMCs) to allow them to buy crude from the spot market. This […]

ONGC gets environmental clearance for drilling 406 development wells in Cambay basin

March 1, 2016

The Centre’s green panel has given clearance to the Oil and Natural Gas Corporation (ONGC) for its Rs 17.52 billion project involving the drilling of 406 development wells in oilfields in Gujarat’s Cambay basin. The […]

IndiGo receives first A320neo after delay

March 1, 2016

IndiGo has received the first of the 430 A320neo aircraft it had ordered on March 11, 2016. The airline will induct 24 aircraft by March 2017. The first of these aircraft was slated for delivery […]

Kannur airport trial landing conducted

March 1, 2016

Trial landing at the Kannur International Airport, Kerala was conducted on February 29, 2016. The airport is expected to become fully operational by September 2016. Built at an estimated cost of Rs 18.92 billion, it […]

CIDCO to invite RfP from three qualified bidders by October 2016

March 1, 2016

The City and Industrial Development Corporation (CIDCO) plans to invite requests for proposal for the Navi Mumbai International Airport Project from three qualified bidders after March 20, 2016. The Maharashtra Project Monitoring and Implementation Committee […]

Ahmedabad airport runway repair works to start in April

March 1, 2016

Recarpeting and repair works on the 3.5 km runway of the Sardar Vallabhbhai Patel International Airport in Ahmedabad, Gujarat, will commence from April 16, 2016, at an estimated cost of Rs 270 million. Currently, recarpeting […]

Cochin International Airport inaugurates Terminal 3

March 1, 2016

The new international terminal (Terminal 3) of the Cochin International Airport has been inaugurated. It will be fully operational by May 2016. Developed at a cost of Rs 10 billion, the terminal has a peak-hour […]

5/20 norm to be replaced by 0/20 model for overseas operations

March 1, 2016

Meanwhile, the MoCA plans to scrap the 5/20 norm for flying overseas. Instead, it is considering the introduction of a 0/20 total capacity model. Under the proposed model, airlines are required to allocate 20 aircraft […]

Plans to levy cess on air tickets scrapped

March 1, 2016

The Ministry of Civil Aviation (MoCA) has dropped the proposal to levy a 2 per cent cess on air tickets to fund the regional connectivity scheme (RCS). The cess had been included in the draft […]

Mumbai Urban Transport Project Phase III receives in-principle approval

February 10, 2016

NITI Aayog has granted in-principle approval for the implementation of the Mumbai Urban Transport Project Phase III. The approval has been granted subject to the condition that Indian Railways will undertake “fare reform” involving automatic […]

Elevated BRT corridor planned between Anand Vihar and Tikri Border

February 10, 2016

The Delhi government is planning to develop an elevated bus rapid transit (BRT) corridor connecting Anand Vihar to the Tikri border via the Income Tax Office (ITO). Though the final project cost is yet to […]

TRAI to conduct drive tests to check QoS in April 2016

February 10, 2016

TRAI has stated that it will conduct the next drive tests for ascertaining the quality of operators’ networks in April 2016. The regulator has further stated that more cities will be covered in the next […]

TRAI recommends PPP model for speedy implementation of BharatNet project

February 10, 2016

TRAI has recommended the PPP model and a bigger role for the private sector for the speedy implementation of the national broadband project, BharatNet. The suggestion comes after the project has repeatedly failed to meet […]

Telecom operators paid Rs 60 million penalty during July 2014-June 2015, states TRAI

February 10, 2016

TRAI has stated that telecom operators paid a total penalty of about Rs 60 million during the period July 2014-June 2015 for violation of service quality norms. The regulator issued around 114 show-cause notices to […]

TRAI prohibits service providers from charging differential tariffs for data services

February 10, 2016

In a ruling against differential pricing, the Telecom Regulatory Authority of India (TRAI) has prohibited service providers from charging differential tariffs for data services on the basis of content. The regulations also prohibit service providers […]

MoCIT proposes 10-year tax holiday for projects attracting foreign investment under Make in India initiative

February 10, 2016

As part of its recommendations for the upcoming Union Budget 2016-17, the Ministry of Communications and Information Technology has proposed a 10-year tax holiday for mega projects aimed at attracting foreign investment for the Make […]

February 10, 2016

The Japan International Cooperation Agency (JICA) will provide the government with technical assistance for developing national highways in mountainous regions in Jammu & Kashmir, Uttarakhand and Himachal Pradesh. JICA has signed a technical cooperation agreement […]

NHAI signs MoU with ISRO and NECTAR for use of spatial technology

February 10, 2016

NHAI has signed an MoU with the National Remote Sensing Centre (NRSC) under the Indian Space Research Organisation (ISRO) and the North East Centre for Technology Application and Research (NECTAR) for the use of spatial […]

MoRTH reports commencement of work on the Eastern Peripheral Expressway

February 10, 2016

The MoRTH has reported the commencement of construction works on the Eastern Peripheral Expressway project. The construction work was earlier held up due to land acquisition issues. However, work has started on the Palwal side […]