The Parliamentary Standing Committee on Transport has said in its latest report that National Highways Authority of India's (NHAI) delay in completing projects like Golden Quadrilateral, reflects either tardy planning or deficiency in execution. NHAI is not in a position to complete any project and is adding projects after projects without achieving targets in older ones, the report said.
Author: admin (Infratructure Today)
Post
Post
Govt awarded only 1,010 km road project so far
Minister of State for Road Transport and Highways (RTH) Sarvey Sathyanarayana informed Lok Sabha that the government awarded 1,010 km of national highways (NH) so far in 2012-13. This is hardly 11.5 per cent of the target of 8,800 km under National Highways Development Project (NHDP) for this
Post
Govt to encourage exploration of alternative energy sources
Government attempts to bridge the ever-increasing demand-supply gap of petroleum products by encouraging exploration of alternative sources of energy such as coal-bed methane, shale gas, gas hydrates, ethanol and biodiesel. This information was given by the Union Minister of State for Petroleum and Natural Gas Panabaka Lakshmi during the
Post
Rlys to rope in contractor for LNG locomotive project
In an attempt to reduce the operating cost of locomotives, Indian Railways plans to set up a locomotive prototype equipped with a single gas turbine operating on LNG. For this purpose, the Research Design and Standards Organisation (RDSO), which is the research arm of Indian Railways, sought application from interested contractors who could develop such a locomotive
Post
JHPL project to be synchronised with gas demand
Ministry of Petroleum & Natural gas or GAIL informed that the completion of Jagdishpur-Haldia Pipeline (JHPL) project would be synchronised with gas demand of the prospective customers and the availability of gas from the east coast. The gas sources considered for JHPL were D-6 gas through Kakinada – Haldia pipeline, ONGC Mahanadi and CBM from Shadol. This information was given by the Minister of State for Chemicals and Fertilisers, Srikant Kumar Jena in a written reply
Post
Asian firms to compete with India for overseas assets
Reports suggest that Indian oil companies that attempt to acquire overseas energy assets may find stiff competition from Asian countries like Japan and China. Oil companies in Japan are said to be on a quest for upstream assets overseas, often with strong state support as the government tries to reduce reliance on atomic power after the Fukushima disaster. China, which was a major crude oil importer from Iran, had to reduce reliance on oil from the Gulf company follo
Post
HPCL to raise $350 mn via issue of bonds
Hindustan Petroleum Corporation (HPCL) plans to raise around $350 million this year through issue of bonds to overseas investors, reports suggest. While the company is working on raising $400 million in external commercial borrowings (ECB), it plans to raise another $350 million through issue of bonds to overseas investors. HPCL is reportedly securing ratings for the bond issue
Post
AP LNG plant may handle 3.5 mn t gas
The LNG floating and processing plant near Kakinada in Andhra Pradesh would handle 3.5 million tonne of gas per annum when it becomes operational, reports suggest.The plant, which is being jointly set up by Andhra Pradesh Gas Distribution Corporation, French company GDF Suez and Gail Gas (part of GAIL
Post
Oil India appoints consultant for 2.5 mn t LNG project
According to company sources, Oil India (OIL) has appointed a consultant to prepare report on its proposed
2.5-million tonne (mn t) liquefied natural gas (LNG) receiving terminal in the country. Geneva-based Foster Wheeler AG is said to be the firm that bagged the consultancy contract for the project, which marks OIL's foray into imported gas. With the proposed LNG terminal, the company will join
Post
HPCL seeks assured oil supply for proposed refinery
Hindustan Petroleum Corp (HPCL), which proposed to set up a 9 million tonne a year refinery at Barmer in Rajasthan, has asked the oil ministry to give firm allocation of crude oil from Cairn India's oilfields in the state.
The company has reportedly told the oil ministry that
its p