Tamil Nadu Industrial Development Corporation (Tidco) and Gail (India) will form a joint venture to set up a power plant and pipeline infrastructure to carry LNG. The new company will make an investment to the tune of Rs 10,000 crore over the next five years.
Tag: GAIL
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GAIL signs GSPA
In a major step forward on the $7.6-billionTurkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project, Turkmenistan’s national oil comÂpany, TurkmenGaz,
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GAIL signs GSPA
In a major step forward on the $7.6-billionTurkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project, Turkmenistan’s national oil comÂpany, TurkmenGaz,
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A mismatch in expectations
Pipelines and transmission lines have lower resistance to RoW or RoU acquisition than that for industries or power plants, except in cities. But that’s changing, says Janaki Krishnamoorthi, who analyses projects that have been stalled because of public protest against low compensation.
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Good time for a boost
Infrastructure Today India Opportunity Conference will be held in Toronto on 11 May, and hopes to generate interest among Canadian investors in India’s vast infrastructure opportunities. Where are the best opportunities? A peek.
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Medium-Term Gas Imports
GAIL (India) is looking at medium-term imported contracts to meet the growing gas demand amidst limited domestic supplies. Medium-term contracts are for one to 12 months.The company is looking at Russia, West Asia, and South-East Asia for sourcing liquefied natural gas.
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Sibal asked to seek nod from Plan panel
Finance Minister Pranab Mukherjee asked Telecom Minister Kapil Sibal to seek cleaÂrance from Planning Commission for allocating funds to National Optical Fibre Network (NOFN) project under nonPlan category.Telecom minister requested finance ministry to allocate funds for NOFN from nonPlan side to mitigate chances of delays in funding for the scheme which involves approval at various levels.
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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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GAIL clinches cheap gas import deal
GAIL India managed to clinch a deal to import natural gas from a US-based company for deliveries from 2016-17 at the Henry Hub-benchmarked price, which is lower than the Japanese Crude Cocktail (JCC).
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SPV to build broadband network
A special purpose vehicle (SPV) with equity participation from BSNL, MTNL and other public sector units such as RailTel, Gail and PowerGrid, amoÂng others, will undertake the 20,000-crore project to build a national broadÂÂband network to take high-speed internet to the hinterlands.