Indian Oil Corporation Limited and GAIL (India) Limited signed an MoU with Dhamra LNG Terminal Private Limited (DLTPL) for equity in the 5 MMTPA capacity LNG receiving, storage and re-gasification terminal being set up at Dhamra Port, Odisha.
Author: admin (Infratructure Today)
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October land allotments in $100 bn DMIC project
The $100-billion Delhi Mumbai Industrial Corridor will kick off land allotments next month. Global investors like Ikea, Kia Motors and China Railway Construction Corp are eyeing acquisitions, reports Economic Times.
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ONGC nod for stake in GSPC gas block
State-owned Oil and Natural Gas Corp (ONGC) has approved signing of a preliminary agreement to buy a stake in Gujarat government firm GSPC´s KG basin gas block, according to a reportin the Business Line.
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German design cargo vessels for IWAI´s NW-1 foray
The Inland Waterways Authority of India (IWAI) has inked a deal with DST, Germany to design vessels, especially suited to navigate the 1,620 km stretch of NW-1.
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More infra funds on the anvil
The government plans three more sector-specific sub-funds, including for development of airports and ports, under the Rs.40,000 crore National Investment and Infrastructure Fund (NIIF), reports the Business Standard.
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Petrol consumption to grow 6percent in FY 2017-18
India´s petroleum consumption will grow at 6 per cent in financial year (FY) 2017-18, double the rate at which fuel demand in China is projected to grow, according to Moody´s Investors Service.
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HRF seeks transparency in environmental clearance to thermal projects
Human Rights Forum (HRF), a voluntary forum of rights activists, has made certain demands on the Ministry of Environment and Forests (MoEF) with regard to the process for issue of environmental clearances to thermal power projects.
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HRF seeks transparency in environmental clearance to thermal projects
Human Rights Forum (HRF), a voluntary forum of rights activists, has made certain demands on the Ministry of Environment and Forests (MoEF) with regard to the process for issue of environmental clearances to thermal power projects.
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OVL wants oil in lieu of $537 million cash due from Venezuela
ONGC Videsh Ltd (OVL), the overseas arm of state-owned Oil and Natural Gas Corp (ONGC), wants $537 million worth of crude oil in lieu of cash due for its share of sales from Venezuelan oilfield. OVL owns 40 per cent of the San Cristobal field and invested $190 million in 2008.
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BP looks to sell 8.5percent stake in Castrol India
BP wants to sell 8.5 per cent stake in Indian subsidiary Castrol India through a block deal worth Rs.1,750 crore.
The share sale at an indicative range of Rs.408 - Rs.422.50 per share.