India's largest buyer of liquid gas Petronet LNG Ltd has hired a fourth LNG ship from a consortium of State-owned Shipping Corporation of India (SCI) and Japanese lines for $75,000-$80,000 per day.
Tag: India
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India, Japan examine to buy LNG jointly
To hammer down high prices of liquefied natural gas (LNG), India and Japan have come together to buy the fuel jointly. India and Japan are the two biggest buyers of LNG in the world. India's Oil Secretary Vivek Rae said this on the sidelines of the 8th Asia Gas Partnership Summit in Delhi.
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India, Japan examine to buy LNG jointly
To hammer down high prices of liquefied natural gas (LNG), India and Japan have come together to buy the fuel jointly. India and Japan are the two biggest buyers of LNG in the world. India's Oil Secretary Vivek Rae said this on the sidelines of the 8th Asia Gas Partnership Summit in Delhi.
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Iran keen to sell more crude oil to India
Iran on December 4 sought India the resolution of payment issues over sale of crude oil. Iran is keen to sell more crude oil to India and promote trade between the two nations, said Iran's Industry Minister Mohammad Reza Nematzadeh in Bali at the ongoing WTO Ministerial Conference.
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Iran keen to sell more crude oil to India
Iran on December 4 sought India the resolution of payment issues over sale of crude oil. Iran is keen to sell more crude oil to India and promote trade between the two nations, said Iran's Industry Minister Mohammad Reza Nematzadeh in Bali at the ongoing WTO Ministerial Conference.
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India expects World Bank’s GIF to be ready by April
For its proposed Global Infrastructure Facility (GIF) that will finance core projects in emerging economies like India, the World Bank is expected to finalise the GIF's shape by next April, says an official in India's Finance Ministry.
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A Disconcerting Year For PPP Ends
This year was truly a vortex of a perfect storm, yet it has been a year of contrasts. The Indian industry is in dire need of political stability and the strength of leadership at the Centre, but at the same time, India recently overtook China as the most attractive investment destination in the world. This year, foreign institutional investment (FII) is at its peak, having crossed Rs 1 lakh crore.
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It is good to be under RBI regulations as an NBFC
India Infrastructure Finance Company Ltd (IIFCL) may not see a paradigm shift because it was recently bestowed the NBFC status. Yet the company now hopes that regulation will help define its processes and growth better, Harsh Kr Bhanwala, Executive Director, IIFCL, tells Shashidhar an undaiah.
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Diversification and innovation are essentials
PSUs now believe in diversification a railside warehousing PSU is now expanding into cold chains, SEZs and FTZs. Vinod Asthana, MD, CRWC, tells Garima P and Shashidhar Nanjundaiah why this is a natural progression in the competitive world of logistics.
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CPSUs the cash machines
As the government prepares to divest PSUs and raise Rs 54,000 crore, it will simultaneously urge PSUs to invest in infrastructure projects. While this is a smart move to reinvigorate the stranded sector, the irony of public sector investment in private side of equity is not lost. While they stare at a disappointing year for PSUs on the stock exchanges, what has galvanised many of these mammoth organisations that have transformed these custodians of public money into vibrant, corporate and profit