BC Tripathi, Chairman, Gail India, informed that it has commissioned the 5 million toÂnne (mn t) capacity liquefied natural gas (LNG) terminal at Dabhol facility in Maharashtra.
He also informed that the firm plans to double its capacity by 2016 in a phased manner. Initially, the firm would focus on completing construction of break-water facility, which will help in expanding the terminal's capacity to 7.5 mmtpa in next two years and finally to 10 mmtpa in 2016.
Tag: India
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GAIL commissions 5-mn t LNG terminal
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Ore shipment doubles in December
In December 2012, 11 major Indian ports handled a total of 1.89 million tonne of iron ore export cargo compared to 907,000 tonne in November 2012. This is a over 100 per cent rise in export of the steel-making raw material in December compared to the previous month
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Global clean energy investments fell by 11% in 2012
According to reports, the overall global clean energy investments in 2012 was $268.7 billion, down from $302.3 billion in 2011. Clean energy investment declined 11 per cent in 2012, weighed down by regulatory uncertainty and policy changes in big markets such as the US, India, Spain and Italy. Sharply lower prices of solar and wind technology also provided downward pressure on investment volumes.
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India, China to contribute considerably to rise in oil demand
Prime Minister Manmohan Singh remarked that India and China may account for a major part of the increase in global demand for crude oil. He said this at the launch function of National Electric Mobility Mission Plan 2020. In order to reduce transport sector's dependence on oil, Singh emphasised on the need for development of el
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India to have world’s most extensive road network
India will soon have one of the world's most extensive National Highway networks through various phases of the National Highways Development Project. The projects were being financed largely through user fees from toll collection points on these improved highways, Union Minister of State for Road Transport and Highways Sarvey Sathyanarayana said in Coimbatore on January 8.
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Iran to develop Chabahar port for India
Iran reiterated its commitment to develop Chabahar port to bolster its ties with India. Iran plans to expand the port in five phases and to ramp up its capacity to 20 million tonne by 2020. India's interest in the Iranian port is not only to get a direct access to Central Asia but also to facilitate import of mine
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India should get into long-term oil tie-ups, says expert
To meet its future energy needs at low cost, India should acquire oil assets overseas and if its workable enter into long-term bilateral development and supply agreements with oil-exporting countries.
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Pricing, marketing policies hit gas sector growth: Report
The growth of India's natural gas sector has been constrained by curbs imposed by pricing and marketing policies of the government, a FICCI-PWC report said last week. The gas sector in India holds tremendous potential.
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Workers’ strike at major ports on Feb 20, 21
To protest against the 'anti-labour and anti-port policies' of the government, workers of major ports in India will strike work on February 20 and 21. SR Kulkarni, president, All India Port & Dock WorkersÂ’ Federation said that the present policy of the government enforced under the pretext of port reforms is nothing but intended to handover the existing ports into the hands of multinational companies.
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India offers Myanmar to build roads, bridges
Indian Foreign Secretary Ranjan Mathai has stated that India has offered to build 71 new bridges in Myanmar on the Tamu to Kalewa highway. He added that a team from the Road Transport and Highways Ministry is visiting that country as part of the project.