India has requested a renegotiation in the price of the natural gas it will be sourcing through the proposed Turkmenistan-Afghanistan-Pakistan-India pipeline. This is being done in view of the current low in the global energy […]
India has banned the import of petcoke for use as a fuel. However, petcoke import for use as feedstock in some industries is still allowed. The use of petcoke has come under scrutiny due to […]
The government has imposed restrictions on the export of biofuels. Biofuels such as ethyl alcohol, petroleum oil and oils obtained from bituminous minerals, biodiesel and mixtures are covered under this. Earlier, export of these items […]
Vedanta Resources has won 41 of the 55 blocks offered under the first oil and gas auction held under the Open Acreage Licensing Policy (OALP I). Vedanta had put in bids for all 55 blocks […]
An online portal has been launched for enabling booking of common carrier capacity for natural gas transmission through pipelines owned by GAIL (India) Limited. GAIL has been providing third-party access to its pipelines since 2004. […]
Hindustan Petroleum Corporation Limited (HPCL), Bharat Petroleum Corporation Limited (BPCL) and Indian Oil Corporation Limited (IOCL) are planning to share the investments for upcoming product and gas pipelines across the country. This will help them […]
The Ministry of Shipping (MoS) has cleared a bailout plan for stressed PPP projects at the major ports. In addition, the MoS has cleared the criteria for the identification/classification of stressed projects at the major […]
The MoS has opened a four-month window for PPP cargo terminals at the major ports operating under the restrictive rate regime of 2005 to migrate to the market-driven pricing structure finalised in 2013 for new […]
The fourth cement terminal at Cochin port has commenced operations. The cargo vessel, Penna Suraksha, carrying 25,000 tonnes of cement from Krishnapatnam made its maiden call at the terminal on September 5, 2018.
The V.O. Chidambaranar Port Trust has extended the free storage period in the scale of rates (SoR) of the port for facilitating the movement of containers by rail with effect from August 16, 2018. The […]
The central government has inaugurated two post-Panamax quay cranes and four rubber-tyred gantry cranes at the Visakha container terminal. They have a capacity of handling 41 tonnes of cargo, thereby delivering an increased productivity of […]
The central government has signed a new wage settlement agreement for Group C and D category port and dock workers, with retrospective effect from January 2017. The settlement agreement provides a 10.6 per cent fitment […]
The MoS has relaxed norms for foreign vessels under Section 407 of the Merchant Shipping Act, 1958, for the movement of fertilisers from one port to another within the country. The foreign flag vessels are […]
As of July 31, 2018, the Indian shipping industry had a fleet of 1,389 vessels of 12.74 million gross tonnage (GT) and 19.31 million deadweight tonnage (DWT). Of the total vessels, 936 were coastal vessels […]
A consignment of 1,233 tonnes of fly ash from NTPC Limited’s Kahalgaon power plant – was flagged off at Kahalgaon on National Waterway (NW)-1 for Pandu inland port on NW-2. Two barges of 1,000 tonne […]
The Inland Waterways Authority of India has launched a dedicated portal – Forum of Cargo-Owners and Logistics-Operators (FOCAL) – to provide cargo owners and shippers with real-time data on the availability of vessels. FOCAL will […]
The Ministry of Power has issued a directive to the Central Electricity Regulatory Commission (CERC) to allow changes in any central or state government duties to be passed on to electricity tariffs to consumers post […]
The Allahabad High Court has refused interim relief beyond August 27, 2018, to private power companies against the Reserve Bank of India’s (RBI) circular on stressed assets thereby mandating the initiation of insolvency proceedings by […]
NTPC Limited has issued a tender for the import of 2.5 million tonnes of coal, to be utilised at the company’s coastal power projects in Simhadri, Kudgi and Farakka. The imports are estimated to cost […]
Coal India Limited’s (CIL) 1 billion tonne (bt) production target is likely to be pushed out to 2025 from the earlier deadline of 2020. Key issues for CIL in meeting the original target are logistical […]
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