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Rs. 410-bn Great Nicobar Island transhipment port project invites EOI

Rs. 410-bn Great Nicobar Island transhipment port project invites EOI

Proposed port will have handling capacity of 16 mn containers per year The Ministry of Ports, Shipping, and Waterways would soon invite expressions of interest (EOI) from interested parties for an international transhipment port project to be built at Great Nicobar Island in the Bay of Bengal. The project is anticipated to cost Rs. 410...

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Gujarat Gas vulnerable to tariff control by PNGRB

Gujarat Gas vulnerable to tariff control by PNGRB

Gujarat Gas received authorization from the Petroleum and Natural Gas Regulatory Board (PNGRB) for the city gas distribution areas of Surat, Bharuch and Ankleshwar. The company filed tariff application with PNGRB for its transmission pipeline. However, owing to high ROE (return on equity) of over 30 percent, the company is vulnerable to tariff reduction from PNGRB, as was ordered for Indraprastha Gas. This is an operational performance risk, poin

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Govt lays 12,650 km gas pipeline

Govt lays 12,650 km gas pipeline

The Minister of Petroleum & Natural Gas M Veerappa Moily informed the Lok Sabha recently that for transporting natural gas across the length and breadth of the country, a cross-country pipeline network is being laid throughout the country. Presently, there are around 11,500 km of natural gas pipelines across the country and another 12,650 km of pipeline infrastructure is under various stages of imple

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WBGEDC uses green power

WBGEDC uses green power

The West Bengal Green Energy Development Corporation (WBGEDC) along with a private partner will execute a central project to supply power to 41 villages in the Sunderbans on a public-private partnership basis.