State-run oil and gas explorer Oil India (OIL) could produce only 3.701 million tonne of crude oil during 2012-13 compared to 3.884 million tonne in 2011-12 because of hostile work environment in Assam. The company was targeted to explore 3.95 million tonne in 2012-13, but it could not and the figure was this year's target. OIL posted a gross income of Rs 11,456.32 crore
Author: admin (Infratructure Today)
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CBM output set to rise in India
In the next two years, about 6.5 million standard cubic meters per day of coal bed methane (CBM) could be produced by Essar Oil and Reliance Industries from their respective blocks. This output is enough to generate about 1,573 mw of power, reports indicate. 1 mmscmd gas can generate 242 mw power, reports indicate
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Govt to reject bid of ABG Group
Media reports indicate that the Kerala government decided to reject the sole bid of ABG Group to develop a cement terminal at Azhikkal port in Kannur at a cost of Rs 120 crore. Reports indicate that the government decided to reject the bid on certain technical grounds including disagreement on the revenue share offered by the company
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APM Terminals to give berthing facility to Coast Guards
APM Terminals and Pipavav Defence and Offshore Engineering Company would provide its berthing facility at Pipavav port to the Indian Coast Guard for anchoring its ships. Until the Indian Coast Guard sets up its own jetty and other infrastructure to help its ships drop anchor at Pipavav, it would use the facility of APM Terminals, reports indica
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Dighi Port receives largest bulk carrier
On June 28, Dighi Port received the largest bulk carrier so far and one of the largest vessels to call at any port in Maharashtra. The port received the vessel ĆāMV C HarmonyĆā having a LOA of 270 meter and a beam of 43 meter with DWT of 153,153 million tonne. The vessel carried steam coal for one of the largest coal importers in the country, reports indicat
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Port asked to revive operation in container terminal
Trade unions at Cochin Port in Kerala urged the port management to revive operations at the Rajiv Gandhi Container Terminal and retaining of cargo handling at Cochin port itself. The coordination committee of various trade unions at the Cochin Port took out a protest march to the Port Trust office raising various demands. The unions organised a dharna in front of the port office
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EPL allots land for terminal project
Ennore Port (EPL) allotted 13.5 hectare land for setting up a 2 million tonne per annum multi-purpose cargo terminal. The length of the new cargo berth will be 270 metre with 15 metre draught. The port plans to set up this terminal through public private partnership (PPP) model and the terminal will have two mobile cranes and a six-fork lift truck to handle clean cargo such as timber, granite, machinery, project cargo, steel, cement
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ICTT receives Maersk main line vessel
The first direct Maersk main line service which has called at International Container Transshipment Terminal (ICTT) recently. ICTT received the mainline cargo vessel MV Newyorker with 1,185 twenty foot equivalent units (TEUs) of cashew from West Africa. The vessel, operated by the global shipping major Maersk Line, also has transshipment containers for Tutic
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Crude tanker segment may not perform well
Analysts expect that the crude tanker segment of the shipping industry may not perform well in the near future because of the sharp decline in the import of crude oil by one of the largest consumer of energy, the USA. The US has become self-sufficient for crude, because of its the boom in the shale oil industry in the country. US imports of crude oil declined significantly by almost 4 to 4.5 million barrels a day. That is not being mad
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Centre okays 2,834 km road upgradation in rural Gujarat
In Gujarat, the pre-empowered committee of the Pradhan Mantri Gram Sadak Yojana (PMGSY) has cleared upgradation of the 2,834 km of roads at an estimated cost of Rs 1,064 crore. Union Minister of Rural Development Jairam Ramesh informed Chief Minister Narendra Modi about the Centre's decision in a letter. Ramesh said that a meeting of the pre-empowered committee was held recently and the same has recommended upgradation of 921 roads, covering 2,834 km in all across the state.