Ending months of logjam over discoveries mired in contractual disputes, the government has cleared 30 projects of firms like Cairn India and ONGC to help monetise about 2.6 trillion cubic feet of gas reserves.
Author: admin (Infratructure Today)
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Government to auction 69 small, marginal oil fields
The government plans to auction 69 small and marginal oil and gas fields to private firms on a new revenue sharing model, oil minister Dharmendra Pradhan has said.
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Privatisation of four airports on the cards
Civil Aviation Minister Ashok Gajapathi Raju has said that the Ministry was considering privatisation of four airports in the country, including the Ahmedabad Airport. ´We are thinking of privatising four airports in India.
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100 MW power from urban rooftops
The Ministry of Urban Development has launched a mission to generate 100 MW of solar power in the next two years through roof-mounted solar panels, according to a statement.
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India to discuss LNG imports with US
India will strongly raise the issue of LNG imports with President Barack Obama as the country wants liquefied natural gas to be exported only in vessels built in USA, manned by US crew and insured by American companies.
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Rs.1 lakh-crore orders soon for power, mining equipment
The power and coal sectors will shortly issue orders worth over Rs 1 lakh crore for various projects, including four new giant power projects, according to Piyush Goyal, Union Minister of Coal, Power and Renewable Energy.
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Coal Ministry to settle project related issues
The Coal Ministry has informed the PMO that it is making all efforts to resolve the issues related to various mining projects at the Central as well as State level. The Ministry said it has also set up a portal on the lines of Project Monitoring Group to monitor the progress of mines.
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India hopeful of global investments in power sector
Power, coal and renewable energy minister Piyush Goyal is hopeful of the Indian power sector getting significant investments from global investors at the World Economic Forum meeting in Davos.
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India to spend $21.6 billion on smart grids
India is looking to smart grid infrastructure to help tackle an out-of-control electricity theft problem and improve reliability. Theft costs the Indian power sector $16.2 billion per year.
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PFC to extend Rs.1,112-cr loan to AP power sector
Power Finance Corporation has agreed to extend a Rs. 1,112-crore loan to Andhra Pradesh´s power sector, which includes Rs 1,000 crore to bridge the fund requirement post the division of the State and Rs 112 crore for setting up 4,000 solar pump sets.