Indian Oil Corporation (IOC) is considering setting up its eighth refinery in a western-coast state by 2021-22.
Author: admin (Infratructure Today)
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India to bid for shale gas exploration
In order to meet the growing energy needs, India will lauÂnch its maiden bid round for exploration of shale gas during the 12th Plan period (2012-17). As per the available data, six basins - Cambay (in Gujarat), Assam-Arakan (in the North-East)
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ONGC looks for foreign partnership in oil hunt
The state-run ONGC is exploring the possibilities of a tie-up with gloÂbal companies to boost its domestic deep-water hydrocarbons hunt. On offer are 19 oil and gas acreages, including the east coast ultra-deepwater gas diÂsÂcovery
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RIL, BP ink gas joint venture
Reliance Industries (RIL) and BP have set up India Gas Solutions, a 50:50 joint ventÂure company, to globally souÂrce and market natural gas in India. It will also develop infrastructure for transportation and marketing of the gas.
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Rs 120 bn refinery in AP
Amerind Petroleum (Amerind) proposes to set up a neaÂrly Rs120 billion petroleum refinery near Visakhapatnam, in joint technical collaboration with the US-based American Industrial Corporation (AIC).
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Private sector leads power capacity additions
The private sector developers accounted for much of the power capacity addition that has taken place so far this fiscal. During April-October 2011, the private sector added 4,301 MW, more than what was added by the public sector utilities put together.
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MERC rejects JSW Energy's power tariff revise plan
Regulatory authorities have rejected JSW Energy's plea to revise power tariffs because of difficulty in procuring fuel from Indonesia, a decision that analysts said was a setback for other companies seeking higher electricity rates on similar grounds.
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RInfra commissions transmission line in Gujarat
Reliance Infrastructure has commissioned a new 400-kV transmission line in Gujarat, making this the company's fifth functional line.
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NTPC to import 4 mt of coal
NTPC has floated a tender for importing 4 million tonne of coal to bridge the shortfall of the fuel from domestic sources. The country's biggest power producer has decided to import the coal directly, rather than depend
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Global firms in race for freight corridor project
International construction giants from eight countries are vying for the Rs 6,000-crore tender for the eastern part of the dedicated freight corridor project.