Gujarat minister of Energy and Petrochemicals Saurabh Patel informed that the state government plans to provide Piped Natural Gas (PNG) connections in cities of Bhavnagar, Amreli, Junagadh, Jamnagar, Kutch (East) and Kutch (West). However, the central government has been delaying approval for the project in past two years, the minister said. The bidding process for providing PNG conn
Author: admin (Infratructure Today)
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Govt gets Rs 518 cr dividend from Oil India
For the financial year 2012-13, the central government received a dividend of Rs 518.65 crore from state-run exploration firm Oil India (OIL). Minister for Petroleum and Natural Gas M Veerappa Moily received the cheque from SK Srivastava, Chairman and Managing Director of OIL towards interim dividend at 110 percent for the financial year, the company said in a state
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Pakistan begins work on pipeline project
Pakistan government began work on the $7.5 billion Iran-Pakistan gas pipeline project which would pass through Pakistan's restive Baluchistan province. It is learnt that the Iranian government almost completed work on its side. Now, the Pakistani gove
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CAG to conduct comprehensive audit
The Comptroller and Auditor General (CAG) will conduct two separate "performance audits" in the oil and gas sector. The first one pertains to the government's role in the supply and pricing of natural gas between 2007-08 to 2011-12, which will cover the pricing of RIL's KG-D6 gas, its allocation to various consumers and supply cuts due t
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India discusses investment opportunities with Kuwait
During a recent meeting with a visiting team of dignitaries from Kuwait, the Indian government discussed opportunities for Kuwaiti investment in refineries in India. Kuwaiti Minister Shaikh Nasser Sabah Al-Ahmed Al-Jaber Al-Sabah held talks with External Affairs Minister Salman Khurshid on various bilateral issues including ways to ex
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India estimated to have 1.6 tn cubic feet of shale gas reserves
According to an estimate by the US Geological Survey, India has 1.6 trillion cubic feet of technically recoverable shale gas in the provinces of Bombay, Cauvery and Krishna-Godavari. The gas is largely concentrated in six areas - Cambay (in Gujarat), Assam-Arakan (northeast), Gondawana (central), KG onshore (Andhra Pradesh), Cauvery onsh
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Govt’s fuel subsidy benefits only the rich
A top International Monetary Fund (IMF) official said the spending of the Indian government on fuel subsidy is mainly benefiting the rich and not the poor. Laura Papi, Assistant Director, Asia and Pacific Department at the fund said it would take 1/10th of the current expenditure on subsidy to benefit the bottom 40 per cent of the population
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JNPT to upgrade port connectivity infrastructure
In order to make its proposed fourth container terminal project more attractive to bidders, Jawaharlal Nehru Port Trust (JNPT) plans to boost connectivity infrastructure at the port. The port authority plans to upgrade its approach roads and rail connectivity to make the project more attractive to the private operators
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NHAI wants CAG to advise on changing concession agreement
National Highways Authority of India (NHAI) has sought advice from the Comptroller and Auditor General (CAG) on how to modify the concession agreement for the stalled project to widen the Kishangarh-Udaipur-Ahmedabad highway to six lanes. NHAI Chairman RP Singh wrote a letter to CAG Vinod Rai asking the latter to deliberate on modification of th
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SC’s nod to delinking of environment, forest clearances
The Supreme Court has approved the revised norms for infrastructure road projects that delink the environment and forest clearances - formulated by the Prime Minister's Office (PMO) last month to end the face-off between the environment and forests ministry and the National Highways Authority of India (NHAI). On the basis of its interpretation of a judgment in the case of Lafarge, the ministry had insisted such projects should take environment and forest clearances.