The Directorate General of Hydrocarbons (DGH) has stated that as of now 51 expressions of interest (EoIs) covering an area of about 60,000 square km for the exploration of oil and gas have been bid […]
India is likely to save about Rs 40 billion from the recent LNG contract renegotiation with Exxon Mobil Corporation. The new rates will kick in from January 2018. Petronet LNG Limited (PLL) had in August […]
A consortium of Indian companies led by ONGC Videsh Limited (OVL) is likely to acquire a 49 per cent stake in Russia’s Vankor cluster oilfields owned by Rosneft by February 2018. OVL is expected to […]
Philippines-based Atlantic Gulf & Pacific Company has signed a pact with Karaikal Port Private Limited to develop a liquefied natural gas (LNG) import terminal at the port in Puducherry. The terminal is expected to have […]
Hindustan Petroleum Corporation Limited (HPCL) is likely to acquire Mangalore Refinery and Petrochemicals Limited (MRPL) in a share-swap deal to become India’s second largest oil refiner. The merger is likely to take place after the […]
Delhi International Airport Limited (DIAL) has asked IndiGo airline to partially shift its operations from Terminal 1 to Terminal 2 by January 4, 2018. DIAL had earlier given the deadline of October 29, 2017 to […]
IndiGo has signed a fleet management contract with Pratt & Whitney Canada for the maintenance of its PW127M engines to power a new fleet of ATR72-600 aircraft serving regional routes in India. The contract will […]
The central government is expected to conclude the divestment of Air India by June 2018 and is likely to sell Air India and Air India Express together so as to get bids from international airlines. […]
The City and Industrial Development Corporation (CIDCO) of Maharashtra issued a letter of award (LoA) to GVK-led Mumbai International Airport Limited (MIAL) for developing the Navi Mumbai International Airport Project, Phase I, on October 26, […]
The Ministry of Civil Aviation (MoCA) is developing a comprehensive 25-year master plan for airports in the country to keep pace with air traffic growth. The master plan envisages the development of multiple greenfield and […]
The Uttar Pradesh government has announced its Civil Aviation Promotion Policy, 2017, to facilitate the integrated development of underserved airports by providing air connectivity through new routes under the Regional Connectivity Scheme (RCS). Further, it […]
The central government is planning to develop about 100 airports in the next 15 years at an estimated investment of Rs 4 trillion to meet the potential demand for air connectivity. Of these airports, 70 […]
Phase 1 of the roll-on roll-off (ro-ro) ferry service between Ghogha and Dahej in Gujarat was inaugurated on October 22, 2017. The ro-ro ferry will ply between peninsular Saurashtra and south Gujarat in the Gulf […]
The Ministry of Road Transport and Highways (MoRTH) and the National Highways Authority of India (NHAI) have often been in the news for their out-of-the-box ideas to enhance the commuter experience on national highways. One […]
In order to fulfil the target of “Power for All” by March 2019, the prime minister announced the Pradhan Mantri Sahaj Bijli Har Ghar Yo-jana, also known as “Saubhagya”, on September 25, 2017. The scheme […]
Despite global uncertainties and a protectionist stance adopted by developed economies, the Indian economy has been steady on its growth trajectory. Although factors such as demonetisation and weak private investment caused a dent in economic […]
The Telecom Regulatory Authority of India (TRAI) has decided to reduce the interconnection usage charge (IUC) rate by a hefty 57 per cent, to Re 0.06 per minute from the previous Re 0.14 per minute. […]
Water supply charges in India have historically been subsidised, leading to low cost recovery in water supply projects. Low revenue generation means less resources being available for operations and maintenance (O&M), leading to poor service […]
Urban mass transit (UMT) systems comprising metro rail and bus rapid transit (BRT) systems have been accepted as critical for addressing mobility requirements of growing urban populations. Several metropolitan cities have firmed up plans to […]
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