The Bureau of Energy Efficiency (BEE) has launched the trading of energy saving certificates (ESCerts) under the Ministry of Power‘s Perform, Achieve and Trade scheme. ESCert trading will enable industry players to buy and sell […]
The first round of the coal linkage auction under the Scheme for Harnessing and Allocating Koyla Transparently in India (SHAKTI) witnessed bidding by 10 independent power producers (IPPs) with a capacity totalling 9 GW. Players […]
The Solar Energy Corporation of India’s (SECI) second wind power auction of 1,000 MW conducted on October 4, 2017 witnessed a record low tariff of Rs 2.64 per unit. This is lower than the Rs […]
The prime minister has launched the Rs 163.2 billion Pradhan Mantri Sahaj Bijli Har Ghar Yojana or the Saubhagya scheme with the motive of supplying electricity to all households by December 2018. About 60 per […]
The foundation stone for Phase I (Muktyala-Vijayawada stretch) of the Kakinada-Puducherry inland water transport project (National Waterway-4) was laid on October 3, 2017. Meanwhile, dredging work on the Muktyala-Vijayawada stretch is under way and is […]
As of August 31, 2017, the Indian shipping industry had a fleet of 1,345 vessels of 12.19 million gross tonnage (GT) and 18.53 million deadweight tonnage (DWT). Of the total vessels, 919 were coastal vessels […]
The Maharashtra state cabinet has approved the implementation of the Sagarmala programme with a 50 per cent cost sharing by the state. The state cabinet has decided to make a provision for funds amounting to […]
The Ministry of Shipping laid the foundation stone for the Wardha dry port on October 2, 2017. The project is being developed by JNPT in order to provide effective logistics services to industries in Maharashtra’s […]
Bharat Mumbai Container Terminals Private Limited (BMCTPL) has signed an MoU with PNP Maritime Services Private Limited for handling a regular container barge service between Dharamtar port and the Bharat Mumbai Container Terminal (BMCT) at […]
The Jawaharlal Nehru Port Container Terminal has migrated its terminal operating systems to the SPARCS N4 platform, being developed by Navis.
The Jawaharlal Nehru Customs House (JNCH) has laid down the specific procedures to be followed for imports under the Duty Exemption Entitlement Certificate (DEEC)/Export Promotion Capital Goods (EPCG) schemes, in its latest Public Notice No. […]
During the first six months (April-September) of the current fiscal year (2017-18), Indian major ports handled 326.38 million tonnes (mt) of traffic, compared to 316.14 mt in the corresponding period of 2016-17, registering an increase […]
The Ministry of Finance has deferred the date for mandatory self-sealing and the use of radio frequency identification (RFID) containers to November 1, 2017. The date has been deferred due to the difficulties expressed by trade […]
The cabinet has granted approval to the International Association of Marine Aids to Navigation and Lighthouse Authorities (IALA) to change its status from a non-governmental organisation to an intergovernmental organisation.
Indian Oil Corporation Limited (IOCL) has received its first shipment of 1.6 million barrels of US crude at Paradip port, Odisha. IOCL had placed a cumulative order to source 3.9 million barrels from the US. […]
Indraprastha Gas Limited has launched prepaid smart cards on October 11, 2017, to provide consumers a digital option for making payments. The smart card is a prepaid near-field-communication-enabled card for fleet and retail compressed natural […]
The Union cabinet has given clearance to the signing of a memorandum of cooperation (MoC) with the Japanese government for setting up a flexible global liquefied natural gas (LNG) market. The MoC will provide a […]
To accelerate policy reforms in the sector, the MoPNG has formed an international oil and gas think tank which will advise the government on issues related to pricing, gas infrastructure, financial models for exploration and […]
The Ministry of Petroleum and Natural Gas (MoPNG) has stated that India will build a natural gas trading platform, which will lead to transparent pricing and encourage investment in the sector. The proposal for setting […]
The Kandla Port Trust has been renamed the Deendayal Port Trust, with effect from September 25, 2017. The Union cabinet granted its ex-post facto approval to the renaming of the port on October 4, 2017.
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