High logistical cost prevailing in India is the biggest hindrance for Indian businesses on the global level and the Ministry of Shipping will aim to reduce the cost under the Sagarmala Project, said Nitin Gadkari, Union Minister for Shipping, Road Transport and Highways, on the second day of the Maritime India Summit 2016.
Author: admin (Infratructure Today)
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Indian major ports set to install 200 MW renewable projects
In a bid to become self-reliant in energy, the Ministry of Shipping has chalked out plans to install around 200 MW captive (150 MW solar and 50 MW wind) renewable power projects in as many as 11 major ports in India.
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Tracking the global coal plant pipeline | Boom and bust 2016
The world has too many coal-fired power plants, yet the power industry continues to build more. While the amount of electricity generated from coal has declined for two years in a row, the industry has ignored this trend and continues to build new coal-fired generating plants at a rapid pace.
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The road to safety
With a population of over a billion people, it's no surprise that fatalities from road accidents in India amount to little more than just statistics. Sometimes, though, a single death makes a difference and plunges an entire nation into grief.
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How safe are our roads?
We travel in order to reach our destinations; we do not travel to die. Yet, that is exactly what 1.3 million road travelers do every year - die! It is unbelievable, but true - that globally, road traffic injuries claim more than 1.3 million lives each year and have a huge impact on health and development.
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Court convicts Jharkhand Ispat, 2 directors in scam
A special court has convicted Jharkhand Ispat Pvt Ltd (JIPL) and its two directors R S Rungta and R C Rungta in a case pertaining to irregularities in allotment of a coal block in the state to the firm. Special CBI Judge Bharat Parashar held the company and its two directors guilty of the offences under sections 120B (criminal conspiracy) and 420 (cheating) of IPC.
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Adani Enterprises gets backing for Aussie project
Parliament in the Australian state of Queensland agreed that Adani Enterprises should be granted 'all state government approvals' to build one of the world's biggest coal mines, state mining minister Anthony Lynham said.
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ONGC to invest $5 bln in KG Basin
State-run Oil and Natural Gas Corporation (ONGC) has unveiled a Rs.34,000 crore ($5 billion) long-delayed investment plan to develop its KG Basin fields. This will help boost ONGC's oil and gas output by a fifth in about four years.
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Coal India to get anti-theft technology by end April
Coal India's measures to prevent theft by electronically 'fencing' mining areas and fitting trucks with a GPS-based tracking system will be finished by the end of April, a government official said.
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Panel to review Odisha-IOC pact
The Odisha Government said a committee has been set up under the Chairmanship of the Secretary of Petroleum and Natural Gas Ministry to review its agreement with Indian Oil Corporation.