Kakinada Seaports and Royal Dutch Shell will form a joint venture company with Reliance Power in order to set up an LNG terminal with an initial capacity of up to 5 million tonne per annum (mtpa) by 2014 at Kakinada deepwater port in Andhra Pradesh.
Tag: Andhra Pradesh
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Do discoms need a bailout?
Experts debate how the franchise model in power distribution and Open Access will help or hamper the financial condition of state distribution companies.Excerpts from the 2nd Power Today Round Table.December’s Rs 500 crore bailout package announced by the Delhi Government to the Reliance owned discoms in that state has proved that it won’t just be the publicly owned ones that face financial crisis.
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CIL supplies more coal to power sector
In the last few months, the supply of coal to power sector has been rising, claims Coal India (CIL). It says the perceÂntage materialisation of coal supply to the power stations against the commitment as per fuel supply agreements or memorandum of understandings in the months of October, November and December (up to 20) have been 88 percent, 96 percent and 103 percent, respectively.
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Shale Gas: The unlikely alternative?
The government’s plan for bidding out the shale gas blocks for exploration has been postponed till 2013, and it seems India is in the dilemma of how to take its shale gas initiatives forward in policy. The delay points to a debate on the environmental hazards. Given the greater likelihood of groundwater contamination, will shale gas be a reality in the near future? Sudheer Vathiyath explores.
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There will be visible improvement in port connectivity in 3-4 years
In his interview with Sudheer Vathiyath and Shashidhar Nanjundaiah, K Mohandas, Secretary, Union Ministry of Shipping, highlights some of the initiatives from the government in port connectivity, including ro-ro services, inland waterways on PPP, and more.
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Rs 120 bn refinery in AP
Amerind Petroleum (Amerind) proposes to set up a neaÂrly Rs120 billion petroleum refinery near Visakhapatnam, in joint technical collaboration with the US-based American Industrial Corporation (AIC).
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Rs 25,000 cr mega infra projects cleared
The government gave regulatory clearances to three mega infrastructure projects involving an investment of Rs 25,000 crore. These are the first among a few projects the government has shortlisted to be put on a fast track.
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More premium bids for NHAI
All 4 bids opened on negative VGF exceeding estimation by far. NHAI opened four National Highway bids (on BOT) over the past two working days--three on Friday, 18 November and one on Monday, 21 November. The four have all been on premium, also called negative Viability Gap Funding (VGF) of varying amounts.
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Analysis: Leveraging real estate for metro systems
City planners in India seem to be looking at metro rail as the panacea to poor and myopic planning and haphazard growth. Sudheendra Bajpai and Aparajita Dutt say integration of systems should include planning the city"s real estate around metro rail.
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HPCL to revive Vizag refinery
With a keen interest to revive $10 billion refinery-cum-petrochemicals project at Vizag in Andhra Pradesh, Hindustan Petroleum Corp (HPCL) is in talks with BP Plc and Total SA of France.