India is technologically ready for shale gas, but higher environmental risks and land acquisition issues pose major concerns. SV Rao, Director (Exploration), Oil and Natural Gas Corporation Limited (ONGC), explains to Sudheer Vathiyath how they can be offset.
Author: admin (Infratructure Today)
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Mining logistics: Motion sickness
A recent mining ministry report recognises logistics as one of the several problems clogging the sector. It's yet another wake up call for the sector. It's raining mining reports out of the Pandora's Box that Justice Santosh Hegde opened.
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The Market-Accessors
If rural roads act as connectors between highways and tolled for heavy vehicles, they can be made more viable. In several states, rural roads under the Pradhan Mantri Gram Sadak Yojana (PMGSY) and the NABARD-financed schemes are new and inviting.
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Cap on future mining in Goa proposed
A Goa government panel has recommended capping minÂing activity in the coastal state at 20 million metric tonne in the next four years in order to protect fragile ecosystem and reduce the social stress.Goa Golden Jubilee Development Council (GGJDC), headed by scientist Raghunath Mashelkar, has pointed out that unbridled mining activity has surpassed the social and environmental threshold in the region.
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Telecom M&A norms relaxed
The Telecom Commission has accepted Trai's recommeÂndations to reÂlax rules for merÂgers and acquiÂsitions (M&As) in the sector and allow specÂtrum-sharing among telcos, paÂving the way for consolidation in the 14 player market. It is also open to the regulator's proÂposal to levy a one-time fee on operators for holding speÂctrum beyond 6.2 MHz.
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Japan promises aid for infra development
India and Japan have decided to enhance the earlier bilateral currency swap arranÂgement to $15 billion from the current $3 billion. A joint staÂtement, issued after official level talks between the Prime Minister, Dr Manmohan Singh, and his Japanese counterpart Yoshihiko Noda expressed the hope that this enhancement will further strengthen financial cooperation.
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Orissa mining information
Orissa government has agreed to provide the updated information on status of prospecting licence applications, renewal of mining leases and digitisation of mining lease boundaries as requested by Justice MB Shah Commission of enquiry. The probe panel sought this information after inspection of illegal mining activities in Orissa during its six day visit.
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J&K power proj terms
The Jammu and Kashmir government began a review of the terms and conditions governing the power projects constructed and run by it in the state.A cabinet sub-committee reflected on the purchase of two major projects, Uri and Salal, from the NHPC, for which it needs Rs 2,000 crore, according to official sources.
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Ro-Ro service works begin this month
Work on India's major ferry service for vehicles, cargo and passengers across the Gulf of Khambhat in Gujarat will start from January 25, according to Gujarat Maritime Board (GMB).The project will shorten the distance between Dahej in south Gujarat and Ghogha in Saurashtra region by close to 300 km.
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Kerala plans monorail project
The public works departÂment (PWD) has prepared a detailed project report on the Kozhikode monorail project.The 13-km monorail will be from the Medical College to Meenchanda.The project was expected to cost Rs 1,500 crore, according to the state PWD minster.