To expand its oil and gas production in India Cairn India will invest $3 billion (over 16,000 crore) in the next three years. Of this, more than 80 per cent (over Rs 12,800 crore) of the total capex will be invested on Cairn's prolific Barmer oil block in Rajasthan, the company's CEO P Elango said, adding that entire capex will be met through internal resources only.
FlashNews:
India to Extend Digitalisation of Public Services to the Power Sector with India Energy Stack
Whoever controls Antariksha (outer space) will rule Prithvi (the world)”: Dr. Subba Rao Pavuluri
Electricity futures key to managing power price volatility”: NSE’s Sriram Krishnan
InfraPandit Awards to Honour Doctoral Excellence in Infrastructure
REC Wins Leading CSR and Sustainability Award for Healthcare Support
HAL Set to Enter New Global Space Race with SSLV Contract Win
Multimodal Logistics: Optimising Assets, Strengthening Supply Chains
Gadkari Announces FASTag Annual Pass to Ease Private Vehicle Movement from Independence Day
Air India 171 Crash: A Definitive Inflection Point for Indian Aviation
REC Reports Strong Profit Growth
GAIL Reports Record Profit Surge
India Calls for Inclusive Energy Governance at BRICS Meet
Mumbai-Ahmedabad Bullet Train’s 300 km Viaduct Milestone
India Revokes Security Clearance to Turkish Firm Çelebi
Major Ports Handle Record Cargo Throughput in FY2025
India Committed to Unlocking Energy Potential: Puri
Gaganyaan Scheduled for 2027 Launch
Defence Budget Set for Rs.500 Billion Top-up
Operation Sindoor: The Indigenous Edge
Tag: In India
Hyderabad airport awarded as No 1 in India,
Hyderabad's Rajiv Gandhi International Airport (RGIA), being managed by the GMR Group, has been rated as the number one airport in India, the fifth best regional airport in Asia and also as the eighth best airport in the 5 to 10 'mppa' capacity. The World Airport Awards are the global benchmark of Airport Excellence and Quality Ranking, it added.
Indian cement producers expect govt’s aid
Recent reports say that cement manufacturers in India are hopeful that the government will take the promised action to boost the countryÂ’s industrial climate. Cement demand was slightly subdued in the last financial year, forcing price hikes to maintain margins; an upswing is dependent on infrastructure investment by the government, which looks more likely in the run-up to the general elections next year.
Indian cement producers expect govt’s aid
Recent reports say that cement manufacturers in India are hopeful that the government will take the promised action to boost the countryÂ’s industrial climate. Cement demand was slightly subdued in the last financial year, forcing price hikes to maintain margins; an upswing is dependent on infrastructure investment by the government, which looks more likely in the run-up to the general elections next year.
AAI may form JV firm for aviation fuel handling
For aviation fuel handling in India, in the wake of governmentÂ’s decision to allow direct import of aviation fuel by Indian carriers, Airports Authority of India (AAI) will explore setting up of a Joint Venture (JV) company. Apart from AAI, stakeholders in the proposed JV company will be the three public sector oil companies, private oil companies like Reliance Industries, Essar Oil, and airline companies in the country.
AAI to convert terminals in 24 airports into cargo ones
In India's 24 airports, redundant passenger terminals will be converted into cargo terminals by the Airports Authority of India. Inaugurating the air cargo complex at the Mangalore airport last week, the Union Civil Aviation Minister Ajit Singh said AAI has 24 airports in the country that will be used for domestic cargo operations.