The central government has granted infrastructure status to the shipbuilding industry. This is expected to reduce borrowing costs and will enable shipyards and domestic manufacturers to get long-term loans for 20-25 years, as well as […]
The Maharashtra state cabinet passed a revised State Port Development Policy on January 25, 2016. The new policy lays emphasis on integrated port development by increasing inland connectivity through road, rail and water transport networks. […]
The second liquid chemical berth at Mumbai port was inaugurated on January 13, 2016. The project involved the construction of a second berth for handling various grades of bulk liquid chemicals and specialised POL cargo […]
The Western Quay-6 berth at Visakhapatnam port commenced commercial operations on January 13, 2016. The project was undertaken by Alba Asia Private Limited, a JV of ABG Ports Private Limited and Louis Dreyfus Armateurs SAS, […]
During the first 10 months (April-January) of the fiscal year 2015-16, major ports handled 499.23 mt of traffic, compared to 483.01 mt in the corresponding period of 2014-15, registering an increase of 3.36 per cent. […]
OVL has entered into an agreement with the Republic of Equatorial Guinea for cooperation in the upstream hydrocarbon sector in Africa. Under the MoU, Equatorial Guinea will cooperate with OVL to explore potential investment opportunities […]
Sudan has offered ONGC Videsh Limited (OVL) three more oil and gas blocks for exploration and production and invited Indian firms to set up a coastal refinery to boost fuel supplies within Africa. The move […]
The Oil and Natural Gas Corporation (ONGC) has secured environmental clearance for drilling 45 development wells and setting up other related infrastructure, entailing a cost of over Rs 530 billion in the Krishna-Godavari (KG) basin […]
The MoPNG has sought Rs 150 billion from the Centre to build the second phase of strategic petroleum reserves in a cost-effective manner, given the declining global crude oil prices. India uses strategic storage reserves, […]
The Ministry of Petroleum and Natural Gas (MoPNG) has proposed an investment of Rs 1,300 billion to ramp up hydrocarbon production in the Northeast (NE). Of this, around Rs 800 billion would be for upstream […]
Bhogapuram International Airport Corporation Limited has invited RfP bids for the selection of developers for the Dagadarthi (Nellore) and Orvakal (Kurnool) greenfield airport projects in Andhra Pradesh. The projects will be executed in the public-private […]
Gulbarga airport’s runway extension is expected to begin by April 2016. The cost of the project is estimated at Rs 710 million. The airport is being expanded by the Karnataka government at an overall cost […]
The Goa government has issued an RfP document to companies shortlisted for the development of the Mopa International Airport Project, for which the last date for bid submission is April 15, 2016. The four shortlisted […]
Three qualified bidders have been shortlisted to submit request for proposal (RfP) bids for development of the Navi Mumbai International Airport Project Phase I which are likely to be invited by March 2016. The bidders […]
GMR Hyderabad International Airport Limited (GHIAL) has commissioned a 5 MW solar power plant at the Rajiv Gandhi International Airport. The plant has been set up with an outlay of Rs 250 million and has […]
Bangalore International Airport Limited (BIAL) has commissioned US-based architectural firm Skidmore, Owings & Merrill LLP to design Terminal 2 (T2) of the Kempegowda International Airport. The terminal will be constructed in two phases. Phase I […]
On January 22, 2016, the Ministry of Civil Aviation (MoCA) concluded consultations on the draft new civil aviation policy, which was unveiled in October 2015. The draft note will be sent for union cabinet approval […]
The Airports Economic Regulatory Authority (AERA) has directed Delhi International Airport Limited to discontinue collection of airport development fees (ADF) from May 1, 2016. In a separate development, a joint venture (JV) of the Bird […]
India Infrastructure Research has tracked over 400 ongoing projects across seven infrastructure sectors. These are worth at least Rs 15 trillion. In terms of project cost, the maximum share is of power projects at 57 […]
The past two years have seen the completion of some long-delayed big-ticket infrastructure projects. India Infrastructure Research tracked 111 infrastructure projects worth at least Rs 4 trillion that were commissioned during the period between January […]
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