Adani Power Limited has sought the approval of the Ministry of Commerce and Industry for setting up an SEZ for the power sector in Jharkhand. The SEZ will be set up over an area of […]
The cabinet approved the incorporation of the official amendments in the Major Port Authorities Bill, 2016, on February 7, 2018. The amendments are based on the recommendations of the parliamentary standing committee and are expected […]
During the first 10 months (April-January) of the current fiscal year (2017-18), Indian major ports handled 560.98 mt of traffic, compared to the 536.42 mt handled in the corresponding period of 2016-17, registering an increase […]
The Jawaharlal Nehru Port Trust (JNPT) has commenced operations on Phase I of the fourth container terminal – the Bharat Mumbai Container Terminal. With the formal inauguration likely to be held by end-February 2018, the […]
The Maharashtra government has given approval to JNPT to be the special planning authority (SPA) for the special economic zone (SEZ) project at the port. The SPA status will enable JNPT to take decisions on […]
V.O. Chidambaranar Port (VOC) has signed a concession agreement for the development of a shallow draught berth for handling construction materials. Tuticorin-based Indian Port Terminals Private Limited will be developing the berth on a PPP […]
Cochin Shipyard Limited (CSL) has received clearance from the National Board of Wildlife (NBWL) of the Ministry of Environment, Forest and Climate Change to utilise the funds raised through its initial public offering (IPO) for […]
The Inland Waterways Authority of India (IWAI) has signed an agreement worth Rs 24.14 billion ($375 million) with the World Bank for the implementation of the Jal Marg Vikas Project (JMVP). Following this, the World […]
The central government laid the foundation stone for the intermodal terminal at Ghazipur in Uttar Pradesh on January 25, 2017. The terminal will be constructed under the JMVP that aims to augment capacity of NW-1. […]
The government put 55 exploration blocks up for auction on January 18, 2018, in the first bid round under the new Hydrocarbon Exploration and Licensing Policy (HELP). HELP allows companies to carve out blocks of […]
According to the Ministry of Petroleum and Natural Gas (MoPNG), the country will have to add about 20 million tonnes (mt) of refining capacity every two-three years to achieve the target of 600 mt capacity […]
The centre has agreed in principle to set up a gas pipeline from Barauni in Bihar to Guwahati in Assam at an estimated cost of Rs 40 billion. The pipeline will be connected with the […]
Under the Union Budget 2018-19, the government has proposed an expenditure of Rs 311.01 billion (budget estimate) for the MoPNG during 2018-19. This is an increase of Rs 19.44 billion from the Rs 291.57 billion […]
The Oil and Natural Gas Corporation (ONGC) bought the government’s entire 51.11 per cent stake in oil refiner Hindustan Petroleum Corporation Limited (HPCL) for Rs 369.15 billion on January 31, 2018. ONGC bought 778.8 million […]
India will put 60 discovered small oil and gas fields on auction. The fields have the potential to produce 194.65 mt of oil and oil equivalent gas. The blocks that will be auctioned were originally […]
In Budget 2018-19, the central government has proposed a new scheme called NextGen Airports for Bharat [NABH] Nirman to expand the existing airport capacity by more than five times so as to handle a billion […]
The central government has awarded another 325 routes to airlines and helicopter operators under the Regional Connectivity Scheme (RCS) Phase II with an emphasis on enhancing flight services to hilly and remote areas, including Kargil. […]
The Airports Economic Regulatory Authority (AERA) has received approval from the central government to amend the AERA Act, 2017, which will allow the authority to fix aircraft landing and parking fees prior to the commencement […]
The Ministry of Civil Aviation (MoCA) has laid the foundation stone for the new integrated terminal building at Guwahati airport. To be spread over an area of 90,000 square metres, the building will be built […]
Tata Projects Limited has won a contract worth Rs 1.37 billion for the construction of a terminal building and associated works for the Allahabad airport expansion project on an engineering, procurement and construction (EPC) basis. […]
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