The new terminal of the Biju Patnaik airport in Bhubaneswar, which is now waiting for international tag, is expected to be commissioned by middle of February. The domestic terminal will be ready by February 15 and the civil aviation department will inaugurate it, said Odisha Chief Secretary, Bijay Kumar Patnaik after reviewing the progress of the new terminal.
Author: admin (Infratructure Today)
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AOSF alleges miners of charging high price for ore
Iron ore mining companies in Odisha charge exorbitant rates while selling ore to local steel firms, alleges the All Odisha Steel Federation (AOSF). The body, which represents the interests of local steel units and sponge iron manufacturers, alleges that two mining lessees- Sirajuddin and Indrani Patnaik had offered ore for sale to such
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Some members of house panel seek ban on ore exports
Considering the acute shortage of iron ore being faced by the domestic steel firms, some members of the Parliamentary Standing Committee on Coal and Steel feel the need to ban export of the raw material completely. The members have recommended blanket ban on export of iron ore to address the shortage of the steel making ingredient
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CCI asks ministries to decide on 46 exploration blocks in a month
Cabinet Committee on Investments (CCI), in its maiden meeting, urged the petroleum and defence ministries to resolve their differences on giving approval to the development of 46 oil and gas blocks in one month. It is learnt that delay in giving clearance by the defence ministry to these blocks has hampered investments of Rs 92,000
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OMEL to explore Nigerian block only if investment commitment waived
ONGC Mittal Energy, a joint venture between ONGC Videsh and Mittal Investment Sarl, has reportedly told the Nigerian government that it would explore the OPL-285 oil and gas block only if it is waived of the attendant investment commitment. It may be recalled that the joint venture firm secured exploration rights in OPL-279 and OPL-285 block
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OVL plans to complete Azerbaijan block deal in 3 months
ONGC Videsh (OVL), the overseas arm of state-run oil explorer ONGC, plans to complete the $1 billion acquisition of a stake in an Azerbaijan oilfield by the first quarter of 2013 subject to government and regulatory approvals. Union Cabinet Committee on Economic Affairs (CCEA) is said to be studying the
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Centre may request US govt to allow Indian firms source gas
Reports suggest that the central government would request the US government to allow India oil and gas companies to source shale gas from the country. US government does not allow foreign companies to import shale gas. But as an exception, the US government recently allowed state-run Gail to import natur
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Private firms eye bulk diesel sale market
Media reports suggest that private fuel retailers like Essar Oil, Reliance Industries (RIL) would attempt to grab the share of the bulk diesel customer market after the government de-regulated pricing in the segment. The government allowed oil marketing companies (OMCs) to charge market price for bulk customers of diesel, that include railways, industrial users and State Trans
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Private refiners reduce export to cater to domestic demand
Reports suggest that private sector oil refining firms like Essar Oil have reduced export of diesel recently in order to cater to the rising demand in the domestic market. Diesel is used in the industrial, agricultural and transport sectors in the country. For example, Essar Oil has reportedly offered only one d
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RIL drills 54 new wells in US shale gas projects
Weekly Insight learns from media reports that Reliance Industries (RIL) has drilled 54 new wells in three shale gas projects in America. During the first nine months of 2012-13, the company witnessed 16 per cent sequential growth in prod