As per the data with the Petroleum Planning and Analysis Cell (PPAC) of the Union Ministry of Petroleum and Natural Gas, consumption of diesel continues to grow at a faster pace than other petroleum products despite the regular hike in diesel prices. Diesel consumption grew by 4.2 per cent year-on-year (y-o-y) in April to 6.2 million tonne.
Author: admin (Infratructure Today)
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Odisha’s Gopalpur port is ready for commercial operations
In Odisha, the all-weather Gopalpur port's first trial shipment took place a few days ago. An estimated 7,500 tonne of ilmenite, a sand mineral of Indian Rare Earths, was loaded on to a Chinese ship for shipment to Korea.
The Odisha Government in a Gazette notification has declared the port is ready for commercial operation.
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L&T’s Kattupalli port to begin exim activities on June 6
In Tamil Nau, the Larsen and ToubroĂâs Kattupalli Port is all set to commence import as well as export activities for industry on June 6. The port recorded the first successful trial run of imported goods on April 18. Inaugurated by Tamil Nadu Chief Minister Jayalalithaa on January 30, the Rs 3,800-crore project is jointly floated by L&T and Tamil Nadu Industrial Development Corporation (TIDCO).
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GVK gets green nod for its Australia mine project
In western Queensland of Australia, Hyderabad-based GVK Power & Infrastructure has received environmental approval from the Australia's Coordinator-General for its $4.2-billion Kevin's Corner mine project in the Galilee Basin. The Kevin's Corner project, proposes a 30-million tonne per annum (mtpa) underground and open-cut coal mine and other associated infrastructure 65 kilometre north-west of the Alpha township.
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Jakson Power to invest Rs 750 cr on solar power, others
In the next three to four years, diversified group Jakson Power Solutions is to invest about Rs 750 crore primarily in its solar business. Besides solar energy, the firm would be investing in EPC, generating sets and hospitality, where its foray is likely to happen by the end of this year.
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Delhi’s VIP areas to get cheaper power
The Delhi Electricity Regulatory Commission (DERC) has decided to give relief to VIP areas under the New Delhi Municipal Council. Such VIP areas will have to pay less for electricity from June to August. The decision was taken before the DERC was to start public hearings for determining power tariff in the city.
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PFC to enter banking, eyes stake buy in State-run banks
In a bid to enter banking sector the government-run Power Finance Corporation (PFC) has now decided to acquire a 'substantial' stake in a public sector bank. It has already written to the ministries of finance and power and is waiting for their nod. Like its peers ICICI, IDBI and HDFC, PFC also intends to enter the banking sector.
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AP CM to put forth demands at Delhi power meet
The Andhra Pradesh government will explain the Centre the ground realities of the power crisis in the state and what it requires from the Union government to tide up the situation at a high-level meeting on fuel crisis, likely to be held in Delhi in the third week of June.
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Belarusian nuke plant to get rebar supply from BMZ
Byelorussian Steel Works said that it plans to supply more than 19,000 tonne of rebar in 2013 for the new Belarusian nuclear power plant which is currently under construction. BMZ expects its rebar supplies for the plant in May to total 2,150 tonne. Previously, BMZ produced and supplied rebar for the Voronezh nuclear power station and for the nuclear power station in Smolensk.
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Pre-monsoon showers hit power supply in Nashik
While Nashik citizens breathed a sigh of relief to the pre-monsoon showers during early hours of June 3, the entire city and some parts of Nashik district plunged into darkness due to disruption in power supply as conductors snapped and insulators punctured. Even as the Maharashtra State Electricity Distribution Company Limited (MSEDCL) claimed to have carried out almost 80 per cent of the pre-monsoon maintenance works, the power supply in the city disrupted after feeders of 33 kilovolts (kv) an