During the first three months (April-June) of the current fiscal year (2018-19), Indian major ports handled 174.02 mt of traffic, compared to 167.48 mt in the corresponding period of 2017-18, registering an increase of 3.91 […]
The central government has set September 30, 2018 as the deadline for nationwide radio frequency identification operations. In addition, the government has directed the Tariff Authority for Major Ports to coordinate with the related agencies […]
The Andhra Pradesh cabinet has approved the provision of a concession to Kakinada SEZ Limited for the implementation of the Kakinada special economic zone project. The government will receive a 2.7 per cent share of […]
The Ministry of Shipping has allowed foreign flag ships to transport fertilisers between Indian ports without a licence. The cabotage relaxation granted to foreign flag ships for carrying fertilisers specified in the Indian Trade Classification, […]
As of June 30, 2018, the Indian shipping industry had a fleet of 1,389 vessels of 12.69 million gross tonnage (GT) and 19.27 million dead-weight tonnage (DWT). Of the vessels, 938 were coastal vessels with […]
APM Terminals Pipavav has received the certificate for Authorised Economic Operator for Logistics and Terminal Operators (AEO-LO). The port’s export-import customers can thus opt for AEO T3 certification and can avail of many benefits, such […]
Krishnapatnam port has announced the installation of Rapiscan Eagle P 60 (Eagle P60), a drive-through X-ray container scanner and radiation portal monitor. Besides reducing the service time and increasing security and safety at the port, […]
The Krishnapatnam Port Container Terminal (KPCT) has commissioned five electrical rubber-tyred gantry cranes (e-RTGCs) at the port. The e-RTGCs are expected to reduce energy costs by 80 per cent, the operating noise level by 65 […]
GMR Infrastructure Limited (GIL) has been chosen as the successful bidder through the Swiss Challenge method for the development of a greenfield commercial port in Andhra Pradesh. GIL has offered a revenue share of 2.7 […]
The Ministry of Power (MoP) has written to the states notifying the issue of coal shortages and asking them to import coal to meet demand. The coal shortage issue will be resolved once new mines […]
The MoP in consultation with the Ministry of New and Renewable Energy has notified the renewable purchase obligation (RPO) trajectory for all states and union territories from 2019-20 to 2021-22. Accordingly, the solar RPOs for […]
A total of eight companies have submitted bids for the MoP’s pilot scheme for the procurement of 2,500 MW of power from plants that lack power purchase agreements (PPAs). Bids were received for 2,200 MW against the […]
As per the MoP’s Sixth Annual Integrated Ratings for State Distribution Utilities, Gujarat’s state-owned discoms have received the highest rating of A+ for the sixth consecutive year. In addition, Uttarakhand Power Corporation Limited also secured […]
The MoP has proposed changing the mandatory default setting for air conditioners (AC) to 24 ºC, from the current minimum setting of 18 ºC. The ministry has asked AC manufacturers to regulate default settings of […]
The central government is planning to set up a national electricity distribution company to ensure time-bound implementation of power schemes in the country. The decision has been taken considering the poor payment record of state-owned discoms […]
The Gujarat government has notified its Wind-Solar Hybrid Power Policy, 2018. The policy aims at the optimum utilisation of land and grid infrastructure and will remain in force for a period of five years. Under […]
Indian Railways (IR) has introduced a double-stack dwarf container service in order to capture lost traffic through a new delivery model for domestic cargo. IR has been able to generate an increased revenue of Rs […]
The initial public offering (IPO) of RITES Limited was oversubscribed 67.17 times. The issue reportedly received total bids of about 1.7 billion shares against the total issue size of 25.2 million shares. The qualified institutional […]
The Union cabinet was recently apprised of an MoU signed on May 29, 2018 between IR and the Indonesian government for technical cooperation in the railway sector. The MoU will provide a framework for cooperation […]
Dedicated Freight Corridor Corporation of India Limited (DFCCIL) is likely to commence trial runs on the Durgawati-Sonenagar section of the Dedicated Freight Corridor Project (Eastern Corridor) by December 2018. Currently, about 90 per cent of […]
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