On March 18, ONGC, Bharat Petroleum Corp (BPCL), Mitsui of Japan and New Mangalore Port Trust entered into an agreement for setting up a liquid gas (LNG) import terminal at Mangalore. All the four parties signed a Memorandum of Understanding (MoU) for the proposed $500-750 million terminal, which will have an initial capacity of 2-3 millio
Author: admin (Infratructure Today)
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OVL to resume production from South Sudan asset
Reports indicate that Oil and Natural Gas Corp. (ONGC), the overseas unit of state-owned, decided to start production from its oil field in south Sudan hoping that the issue of transit fee for may be resolved amicably. Daniel Peter Othol, South SudanĂâs ambassador to India mentioned that crude oil would flow by the end of this
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India’s gas shortage pegged at 155 mn cu m per day in 12th plan
According to a government estimate, India may face shortage of natural gas to the tune of 155 million cubic metre per day during the 12th Five Year Plan period (2012-17). This is expected to rise to 225 million cubic metre per day in the 13th Five Year Plan. According to a report by an international research agency, India accounts for 11 p
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India for development of inter-country rail linkages
Indian government is committed to the development of inter-country rail linkages and in furtherance of this policy, it supports the development of Trans-Asian Railway Network, the Union Railway Minister Pawan Kumar Bansal said in Delhi on March 19. This network would provide a major land corridor for transport of people and goods across the frontiers of the member countries, Bansal said while speaking at the 7th meeting of Railways of South and South East Asian Countries.
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J&K Minister stresses importance of road connectivity
Jammu and Kashmir Minister for R&B, Abdul Majid Wani has asserted that better road connectivity is pivotal for bringing speedy socio-economic transformation in the state. He described the R&B as a core sector for people that lends support and boosts activities of other departments meant for peopleĂâs welfare and state's overall development.
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GLL to rope in strategic investor
GSPC LNG (GLL) is a special purpose vehicle (SPV), promoted by the Gujarat government through Gujarat State Petroleum Corporation (GSPC), the leading state sector oil and gas entity and other state sector entities in partnership with Adani Enterprises (AEL).
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NRL executes expansion project
Assam-based Numaligarh Refinery (NRL), a subsidiary of Bharat Petroleum Corporation (BPCL), is in the process of executing expansion projects in order to raise its refining capacity to 8-9 million metric tonnes per annum (mn mtpa) from 3.0 mn mtpa.
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Nod to Rs 7,915 cr road projects in UP, Maha, Gujarat, Haryana
The Union government on March 18 approved Rs 7,915 crore road projects in Uttar Pradesh, Gujarat, Maharashtra and Haryana under its flagship road building programme National Highways Development Project (NHDP). The Cabinet Committee on Economic Affairs (CCEA), in its meeting accorded approval to the four projects to be built under phases III, IV and V on Build, Finance, Operate and Transfer (DBFOT) basis.
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Karnataka starts two projects to popularise bio-fuel use
Karnataka Chief Minister Jagadish Shettar recently launched two projects Ăâ Hombelaku and Hongirana Ăâ to decentralise biofuel extraction units and to offer biofuel products under one roof. The projects have been initiated by the Karnataka State Biofuel Development Board.
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Govt targets to add 30,000 mw renewable energy
The Union Ministry of New and Renewable Energy is targeting a capacity addition of 30,000 mw during the 12th Plan period (2012-17) from various renewable energy sources, This was stated by the Union Minister for New & Renewable Energy Farooq Abdullah in the Rajya Sabha on March 11.