The MoS has revamped the software and updated guidelines to facilitate the implementation of the Shipbuilding Financial Assistance Policy for Indian shipyards. The policy was approved in December 2015 and provides Rs 40 billion of […]
A consignment of 230,000 tonnes of steel cargo was flagged off from Visakhapatnam port to Ahmedabad, Mumbai and Kochi stockyards through the coastal shipping route on November 1, 2017. Rashtriya Ispat Nigam Limited has recently […]
A roll-on roll-off (ro-ro)-cum-general cargo vessel, M.V. IDM Doodle, was flagged off from Chennai port to Mongla port in Bangladesh on October 28, 2017. The vessel carried a consignment of 185 trucks.
The Paradip Port Trust has allowed the handling of iron ore pellets using a mechanised coal handling plant (MCHP). The trial loading of an export shipment of 57,000 tonnes of iron ore pellets commenced at […]
V.O. Chidambaranar port has implemented an integrated management system complying with ISO certifications, a quality management system (QMS), an environment management system (EMS) and the occupational health and safety assessment series, which will be renewed […]
The Jawaharlal Nehru Custom House (JNCH) in its latest Public Notice No. 133/2017 has launched the Refund SMS Seva (for centralised refund and special additional duty) for all refund claims filed at the customs house […]
The MoS has sanctioned funds worth Rs 250 million as grant-in-aid to the Jawaharlal Nehru Port Trust as well as Rs 500 million to the Karnataka government for developing various infrastructure facilities at Karwar port. […]
The Ministry of Shipping (MoS) has taken up projects worth Rs 23.02 billion for financial assistance under the Coastal Berth Scheme (CBS) of the Sagarmala programme. Meanwhile, the MoS, in consultation with NITI Aayog and […]
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 […]
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