Directorate-General of Hydrocarbons (DGH) received a request from Reliance Industries (RIL) to allow it to transfer its equity in a hydrocarbon block offshore Gujarat-Saurashtra region to Hardy Oil & Gas. This shallow water block -GS-OSN-2000/1- was awarded to the consortium of RIL (90 per cent) and Hard
Author: admin (Infratructure Today)
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RIL may sell stake in hydrocarbon block
Directorate-General of Hydrocarbons (DGH) received a request from Reliance Industries (RIL) to allow it to transfer its equity in a hydrocarbon block offshore Gujarat-Saurashtra region to Hardy Oil & Gas. This shallow water block -GS-OSN-2000/1- was awarded to the consortium of RIL (90 per cent) and Hard
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JNPT Chief: may invite tenders for terminal project soon
L Radhakrishnan, Chairman of the Jawaharlal Nehru Port Trust (JNPT) informed that the port authority would float new tender for the rebidding of its Rs 8,000 crore fourth terminal project next month. He said the project, which is now bifurcated into two, will increase the portÂ’s capacity by over 5.2 million stan
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JNPT Chief: may invite tenders for terminal project soon
L Radhakrishnan, Chairman of the Jawaharlal Nehru Port Trust (JNPT) informed that the port authority would float new tender for the rebidding of its Rs 8,000 crore fourth terminal project next month. He said the project, which is now bifurcated into two, will increase the portÂ’s capacity by over 5.2 million stan
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Govt to remove diesel under-pricing by mid-2015
The present under pricing of diesel will be removed progressively by mid-2015," Planning Commission Deputy Chairman Montek Singh Ahluwalia said in his address at India Energy Congress recently. Recently, oil marketing companies (OMCs) were allowed to charge market price for bulk diesel consumers. Also, for retail users of diesel, the gove
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Draft steel policy focuses on allocation of captive mines
The National Steel Policy draft envisages further strengthening of the provisions of allocation of captive iron mines to steel producers in a transparent manner through a process of open bidding for all the well prospected mines. By 2025-26, the policy draft, expects the country's stee
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GAIL India’s pipeline project faces hurdle
State-run natural gas transmission firm GAIL India is in the process of laying 42 km underground gas pipeline in Tirupur district of Tamil Nadu. However, the project faces roadblock as farmers in the area oppose the work on grounds that they may lose their livelihood.
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Experts call for special policies, laws for towns
Experts who attended the recently held Institute of Town Planners India (ITPI) congress called for a series of legislations and policies for the development of towns. For example, the Chief town planner for Gujarat PL Sharma stressed on the need for special legislations in the w
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NHB expects further easing of home prices
RV Verma, Chairman and Managing Director of National Housing Bank (NHB) opined that the trend of easing prices of housing units may continue for some time. In the national capital region (NCR), he said, price correction has happened due to over supply. Some more correction may take place in the coming days
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Railways to woo pvt firms to set up terminals at ports
Railways has drawn up a new policy draft to attract private players for setting up rail terminals at ports and sought suggestions from prospective investors before finalising the draft. The policy entails the framework of guidelines for development of rail terminals and associated logistics facilities for cargo handling and other value added services at privately developed ports.