Department of Energy of the US government gave conditional approval for export of locally produced LNG to non-FTA (free trade agreement) countries from Freeport Terminal on Quintana Island in Texas. The Department of Energy, in its 132 page order, said the proposed exports may result in net economic benefits to the U
Author: admin (Infratructure Today)
Post
Post
Ministry circulates note seeking hike in gas price
Union Petroleum ministry has circulated a note to the Cabinet Committee on Economic Affairs (CCEA) seeking hike in the price of natural gas produced by both private and state-run companies. The ministry's proposal, if accepted by the CCEA, may benefit firms like ONGC, OIL, Reliance Industries (RIL), Cairn India who are selling the fuel at a pre-determined price
Post
Cairn’s 3 oilfields hold 2.19 bn barrels of reserves
Cairn India's three oil fields - Mangala, Bhagyam and Aishwariya - in its Rajasthan block had an in-place oil reserve of 2.19 billion barrels as of March 31, 2013 compared to 2.090 billion barrels as on March 31, 2012. It may be noted that these three fields produced oil at the rate of about 170,000 barrels per day for most part of
Post
GVK Power has Rs 160 bn debt
GVK Power and Infrastructure sits on a total consolidated debt of Rs 16,000 crore, according to the earnings results released by the company. Although this is lower than the debt level of some other companies in the infrastructure sector, interest cost on the debt is a huge drag on the firm's balance sheet. GMR Infrastructure, which is a peer company of GVK,
Post
Environment ministry seeks details from GSPC
Union Ministry of Environment and Forests has reportedly asked Gujarat State Petroleum Corporation (GSPC) to submit details on certain critical environmental issues identified during laying of pipeline for its project in Andhra Pradesh. It may be noted that the company is laying pipeline for transporting natural gas from Deen Dayal West block in KG Basin in KG-OSN-2001/03
Post
Road work opposed in TN’s tiger reserve area
In Tamil Naudu, green activists are up in arms against construction of three new roads being in the forest area of the state. Hardly just two months ago the Sathyamangalam wildlife sanctuary in the state was classified as a tiger reserve by the Union Environment Ministry and the roads are being laid. The activists believe the roads will disrupt and disturb wildlife in the region.
Post
Road network essential for development: J&K Minister
Jammu and Kashmir Minister for Forest, Ecology and Environment, Mian Altaf Ahmad on May 19 termed the road connectivity as one of the important basic needs of people. Altaf concluded an extensive tour of Kangan constituency and took stock of the ongoing road projects coming up under PMGSY in the constituency.
Post
Kochi Corporation to widen Thammanam road
For widening the Thammanam-Pulleppady Road, Kochi Corporation and the district administration have jointly conducted an inspection for facilitating land acquisition. The local body has already issued the preliminary 4(1) notification to execute the process. Mayor Tony Chammany and the District Collector PI Sheik Pareeth held a review of the project site between MG Road and C P Ummer Road on May 19.
Post
Work halts on NH-47 in TN-Kerala area
Due to fund shortage of a private road developer widening of the Chengapalli-Neelambur six-lane project and the Madukkarai-Walayar four-lane project have run into rough weather yet again. Residents now have to wait longer for a comfortable drive from Coimbatore to places like Erode and Palakkad. The widening of NH-47 from Chengapalli to Neelambur and from Madukkarai to Walayar has come to a grinding halt owing to fund constraints of the private contractor.
Post
‘Fault in design led to collapse of flyover in Kolkata’
A fact-finding committee has stated that a flaw in the drawing and design of the curved stretch of Ultadanga flyover in Kolkata led to its collapse on March 3 this year.
The Urban Development Department had tasked a five-member panel with finding out why the curved section of the flyover collapsed. The final report has been submitted to the Urban Development Minister Firhad Hakim, who also heads the Kolkata Metropolitan Development Authority (KMDA).