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Six states agree for discom debt rejig package

Six states agree for discom debt rejig package

For the Union governmentÂ’s debt restructuring plan for State-owned power distribution companies, at least six states have agreed to subscribe. The deadline for States to opt for the package has been extended by three months and would now end on March 31. The three-month period would be used to accommodate agreements by more states and ensure consensus building among stakeholders.
Once accepted by all states, the Rs 1.9-lakh-crore package is expected to bail out financially-stressed distribution

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MP’s plea to Centre to allocate more natural gas to AP

MP’s plea to Centre to allocate more natural gas to AP

The Centre has been urged to allocate additional gas to run power projects in Andhra Pradesh more efficiently and at higher plant load factor. Harsha Kumar GV Member of Parliament, in a memorandum to the Prime Minister sought higher allocation of natural gas to Andhra Pradesh-based power projects.

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Contracting opportunities for LPG

Contracting opportunities for LPG

Market for Liquefied Petroleum Gas (LPG) in India is divided into two parts - industrial & commercial LPG and subsidised domestic LPG. Industrial & Commercial LPG is a more competitive business segment thn the domestic LPG as it has competition between oil marketing companies (OMCs) and parallel marketing companies (PMC).

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Contracting opportunities for LPG

Contracting opportunities for LPG

Market for Liquefied Petroleum Gas (LPG) in India is divided into two parts - industrial & commercial LPG and subsidised domestic LPG. Industrial & Commercial LPG is a more competitive business segment thn the domestic LPG as it has competition between oil marketing companies (OMCs) and parallel marketing companies (PMC).

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Nalco plans alumina refinery project in Kutch

Nalco plans alumina refinery project in Kutch

National Aluminium Company (Nalco) was incorporated in 1981 as a public sector enterprise of the central government and it has Asia's largest integrated aluminium complex, encompassing bauxite mining, alumina refining, aluminium smelting and casting, power generation, rail and port operations.

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Nalco plans alumina refinery project in Kutch

Nalco plans alumina refinery project in Kutch

National Aluminium Company (Nalco) was incorporated in 1981 as a public sector enterprise of the central government and it has Asia's largest integrated aluminium complex, encompassing bauxite mining, alumina refining, aluminium smelting and casting, power generation, rail and port operations.

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New MoS, Road Transport & Highways

New MoS, Road Transport & Highways

Sarvey Sathyanarayana has taken over as Minister of State for Road Transport and Highways. Sathyanarayana is Member of Parliament, (Lok Sabha) from Malkajgiri (Andhra Pradesh) constituency. Born on April 4, 1954 in Hyderabad (Andhra Pradesh), Sathyanarayana did his graduation from Osmania University, Hyderabad, and did Master in Law from Evening College of Law, Abids, Hyderabad. Sathyanarayana was elected to the 14th Lok Sabha in 2004 and re-elected to the 15th Lok Sabha (second term) in the yea

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Ramayapatnam port project faces land issue

Ramayapatnam port project faces land issue

Andhra Pradesh government has reportedly rejected the claim made by Krishnapatnam Port that the proposed Ramayapatnam port project cannot be set up at an exclusive zone of 100 km radius. Sunil Sharma, Ports Secretary of Andhra Pradesh is quoted as saying by a leading media that there was no such thing as an exclusive zone of 100 km radius for Krishnapatnam Port. He clarified that the proposal to set up R

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AP govt to resolve issues related to metro project

AP govt to resolve issues related to metro project

Andhra Pradesh Chief Minister N Kiran Kumar Reddy assured L&T Metro Rail Hyderabad, which implements metro rail project in the city, that the state government would resolve issues related to the project. During a meeting with L&T Metro Rail Hyderabad Chairman YM Deosthalee and Managing Director VB Gadgil, Reddy said the special task force headed by the Chief Secretary would meet more frequently and r

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Cairn India bags FICCI’s safety award

Cairn India bags FICCI’s safety award

Cairn India, Asia's fastest growing E&P company and one of India's leading upstream oil & gas company, has been awarded the FICCI Safety Excellence award for Manufacturing 2012 for its Ravva oil & gas field in Andhra Pradesh. Cairn India bagged the Platinum award (first prize) under the 'large size category'. At a ceremony in New Delhi last month, the Union Minister of Labour & Employment