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AP govt takes steps to boost oil and gas sector

AP govt takes steps to boost oil and gas sector

Andhra Pradesh government has taken a series of initiatives to promote oil and gas projects in the state. For example, the state government is keen to expedite an LNG re-gassification terminal project – a floating one with a capacity of 3.5 mn tpa in Kakinada, which is to be upgraded to 5 mn tpa. AP Gas Distribution Corporation Limited (a joint venture of Gail Gas and AP Gas Infrastructure Corporation) and

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Group to discuss Rs 1 trillion worth infra projects

Group to discuss Rs 1 trillion worth infra projects

The Steering Group, headed by the Principal Secretary to the Prime Minister, would hold its maiden meeting on July 19, 2013. During the meeting, the group would discuss the preparation and award of key infrastructure projects with an estimated cost of Rs 1 lakh crore. These projects include- Mumbai Elevated Rail Corridor Project, two locomotive projects, accelerating Eastern Dedicated Freight Corridor, an expressway proj

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AP govt invites application from solar power developers

AP govt invites application from solar power developers

Andhra Pradesh government invited solar power developers to submit applications within four weeks for setting up solar photovoltaic power plant in the state. The state government assured that it would pay Rs 6.49 per kWh of power generated from such plants. AP Transco proposed to rope in any solar power developer, even those who have not participated in the recen

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Karnataka govt to attract FDI

Karnataka govt to attract FDI

In order to attract Foreign Direct Investment (FDI) into the state, Karnataka government plans to set up four ‘Help Desks’ at Japan, Taiwan, United States of America and Germany. Through the proposed help desks, the government would take initial steps to showcase the state before attracting investments

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Mizoram govt encourages firms to explore oil

Mizoram govt encourages firms to explore oil

Mizoram government is encouraging oil and gas companies in India to to explore and produce oil in areas which are rich in crude oil deposit in the state. Experts and some oil firms claim that the state is home to a rich deposit of crude oil. According to, Dr Lallenmawia, a geologist from Mizoram, the state falls under category number one or 'proven commercial productivity zone' which roughly estimates there could be ab

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Minister takes rails, road to interact with commuters

Minister takes rails, road to interact with commuters

Oscar Fernandes has become the Union Highways Minister at a time when the Government is less than a year away from going to the polls and highway projects are more in news due to the disputes surrounding them.
But, in the first three weeks after having taken charge, Fernandes has hit the road in a manner that few of his predecessors have. While there may be no data to support this, many in the Ministry admit he has surely clocked more kilometres on the road than his predecessors, going by the f

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Eroor residents want Kaniyampuzha road to be widened

Eroor residents want Kaniyampuzha road to be widened

In Kerala, the Vyttila Mobility Hub is just two km away from Eroor but the residents here have to travel approximately 20 kilometres to reach the hub. According to the residents, they are unable to use the Kaniyampuzha road, the two km stretch that connects Eroor and Vyttila, as it is narrow and unsuitable for vehicular traffic. Though the residents have demanded widening of road to reduce the traffic woes, the Tripunithura Municipal authorities said the proposal is pending before the State Gove

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IMG to shortlist bankers to manage stake sale in IOC

IMG to shortlist bankers to manage stake sale in IOC

The inter-ministerial group (IMG), headed by Disinvestment Secretary Ravi Mathur, would shortlist five merchant bankers for managing the 10 per cent government stake sale in Indian Oil Corporation (IOC). The five merchant bankers would be shortlisted from among 17 banks, who would make presentations to the IMG

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Govt to reject bid of ABG Group

Govt to reject bid of ABG Group

Media reports indicate that the Kerala government decided to reject the sole bid of ABG Group to develop a cement terminal at Azhikkal port in Kannur at a cost of Rs 120 crore. Reports indicate that the government decided to reject the bid on certain technical grounds including disagreement on the revenue share offered by the company

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Pakistan mulls ferry services from Karachi to India

Pakistan mulls ferry services from Karachi to India

According to a Pakistani media report, the national government plans to launch ferry services between Karachi and Gujarat or Mumbai. Further, the government plans to launch such a service between Karachi and Dubai. Pakistani Ports & Shipping Minister Senator Kamran Michael is quoted as saying in the media. Pakistani government set up a high-level committee to examine the feasibility of such services and the panel may