GAIL India has cut its equity stake in ONGC’s Dahej mega petrochemical project to 15.5 per cent after project cost further escalated by 9.5 per cent.
FlashNews:
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Energy | Why LNG for India?
LNG has proved to be moe expensive than investors had bargained for. Yet why do investors keep returning to that option? Energy mix of a country is driven by the domestic availability of fuels and govÂernment’s energy sector policies incluÂding of...
GMB to connect three towns through ports
Gujarat Maritime Board (GMB) is implementing a project to link three of the major industrial hubs in the state by establishing a ferry service between the port towns of
Ro-Ro service works begin this month
Work on India's major ferry service for vehicles, cargo and passengers across the Gulf of Khambhat in Gujarat will start from January 25, according to Gujarat Maritime Board (GMB).The project will shorten the distance between Dahej in south Gujarat and Ghogha in Saurashtra region by close to 300 km.
Gujarat to develop new ports
The Gujarat government has finalised plans to develop six to seven new ports in the state. Large investments would flow into the port sector in the coming years. The state is planning ports at Dahej, Nargol, Vansi Borsi and Kutchhigarh,
GVK to develop LNG terminal in Gujarat
GVK Power and Infrastructure has signed an agreement with the Guajrat government to develop a new terminal for importing gas at Okhamadhi in Jamnagar district.
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