The Visakhapatnam Port Trust inaugurated the green channel berth on November 27, 2017 for handling coastal cargo at the port. The development of the berth entailed an investment of Rs 453 million, of which Rs […]
The Paradip Port Trust has awarded the contract for the operations and maintenance (O&M) of its mechanised coal handling plant to Chennai Radha Engineering Works Private Limited. The contract value is Rs 1.51 billion. As […]
The central government has given its approval for setting up a mega coastal economic zone (CEZ) at JNPT. The CEZ is a part of the government’s plan to develop 14 such CEZs under the National […]
During the first eight months (April-November) of the current fiscal year (2017-18), Indian major ports handled 439.66 mt of traffic, compared to 424.96 mt in the corresponding period of 2016-17, registering an increase of 3.46 […]
The central government has turned down the proposal for amending port concession agreements with private firms operating cargo terminals at major ports. The rejection comes in response to the Indian Private Ports and Terminals Association […]
The Union government has granted infrastructure status to the logistics sector. The inclusion of the logistics sector in the Harmonised Master List of Infrastructure Sub-sectors was considered during the 14th Institutional Mechanism Meeting held on […]
GAIL (India) Limited has stated that it has awarded the contract for laying 520 km of pipelines from Dobhi (Bihar) to Durgapur (West Bengal) including a 120 km line to Jamshedpur (Jharkhand). With these awards, […]
India has recorded a 45 per cent increase in the number of petrol pump outlets during the period 2011 to 2017, possibly the highest growth rate in the world. As per data available from the […]
GAIL (India) Limited will be skipping medium-term LNG deals in 2018 as it will start getting LNG from its US portfolio from February 2018. GAIL used to buy one medium-term contract every year to cater […]
Petronet LNG Limited (PLL) has dropped its plans to buy a 25 per cent stake in the Gujarat State Petroleum Corporation’s (GSPC) Mundra liquefied natural gas (LNG) import terminal in Gujarat in order to allow […]
On account of serious pollution levels in Delhi and adjoining areas, the Ministry of Petroleum and Natural Gas (MoPNG) in consultation with oil marketing companies (OMCs) has decided to advance the introduction of BS-VI cleaner […]
The government intends to launch the second round of auctions for discovered small fields (DSFs) by January 2018. Drawing lessons from the first round, the fields offered in the second round will be grouped into […]
The Oil and Natural Gas Corporation (ONGC) and Vedanta Limited on November 15, 2017 emerged as the biggest bidders for oil and gas blocks, submitting 41 of the 56 bids received in India’s maiden auction […]
Jet Airways has signed a cooperation agreement with Air France-KLM which will allow both airlines to work closely in selling tickets, using each other’s networks and jointly working on cargo operations and maintenance, and fuel […]
The central government has ruled out the possibility of separating the domestic and international airline businesses of Air India to carry out the divestment process and has decided to sell the carrier together with its […]
GMR Hyderabad International Airport Limited is expected to commence work on the construction of a second terminal at Hyderabad airport by March 2018. The implementing agency is currently awaiting approval from the Directorate General of […]
The Indian government has signed an air service agreement with the government of Greece for launching the first direct flight service between the two countries. At present, there is no direct air connectivity between India […]
The Kerala government is expected to sign an agreement with the MoCA soon to operate flights under the RCS. Under the scheme, state governments are stipulated to lower the existing value added tax (VAT) levied […]
Another four airports – at Nagpur, Trichy, Pune and Goa – have abolished the practice of stamping and tagging passenger hand baggage from November 10, 2017. With this decision, 23 airports in the country (of […]
In order to boost air connectivity in the Northeast, the Ministry of Civil Aviation (MoCA) has announced flight services for 92 new routes in the region under the second round of the Regional Connectivity Scheme […]
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