As part of an ambitious deep-water outer harbour project, the Union government-owned Cochin port in Kerala has started work on setting up a 20 million tonne export- oriented oil refinery and oil trading hub with private funds. The port is planning 16-m depth outer harbour, so large petroleum product tankers with a capacity to load 1,30,000 tonne can dock.
Tag: India
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Green highway
GAIL (India) has stated that India would soon have a green corridor wherein vehicles can
opt to run on natural gas. The proposed green highway from Jalandhar-Ludhiana to Bangalore will provide opportunities to inland transportation to operate on natural gas vehicles by expanding the
reach of compressed natural gas (CNG) beyond cities.
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Cairn India oil output
Cairn India will explore ways to double oil output to 400,000 barrels a day from about 200,000 barrels. In January 2013, the government approved the companyĂ´s plan to raise production to a peak rate of 300,000 barrels a day and next month allowed it to explore for
new oil deposits in Rajasthan.
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RWE opens Indian office
German utility RWE has opened an office in Mumbai to strengthen the Asian presence of its trading subsidiary RWE Supply & Trading, focusing on coal, liquefied natural gas (LNG) and fertilisers. The new office was officially opened this month, adding to the trading divisionĂ´s existing operations in Singapore and Indonesia.
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Joint LNG procurement
India and Japan, two biggest buyers of liquefied natural gas (LNG), will in next three months look at buying the fuel jointly so as to hammer down high prices. The two nations had in October last year agreed to carry out a joint study to examine ways to mitigate increasing import costs in Asia as well as to maintain stable supplies of LNG to the region.
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Nine firms in fray for Rs.24,000 cr Orissa power project
For the 4,000 MW ultra mega power project (UMPP) at Bhedabahal in Orissa, nine power developers have submitted their initial bids (request for qualification or RFQ).
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Nine firms in fray for Rs.24,000 cr Orissa power project
For the 4,000 MW ultra mega power project (UMPP) at Bhedabahal in Orissa, nine power developers have submitted their initial bids (request for qualification or RFQ).
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Boost to Indo-Nepal power transmission capacity
To conduit the excess power from new hydro projects in West Nepal to India, now both the neighboring countries have agreed to significantly boost up trans-border power transmission line.
While India has high power demand, Nepal has high hydro power potential. From the projects, the planned immediate capacity augmentation is for at least 1,000 MW. In addition to the long planned Butwal in West Nepal to Gorakhpur in India line, there are simultaneous plans to construct three other cross-border
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Boost to Indo-Nepal power transmission capacity
To conduit the excess power from new hydro projects in West Nepal to India, now both the neighboring countries have agreed to significantly boost up trans-border power transmission line.
While India has high power demand, Nepal has high hydro power potential. From the projects, the planned immediate capacity augmentation is for at least 1,000 MW. In addition to the long planned Butwal in West Nepal to Gorakhpur in India line, there are simultaneous plans to construct three other cross-border
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NHPCs project cost may escalate to Rs.12,000 cr
Following delays, the total cost of NHPCĂ´s Subansiri project in Assam is likely to be around Rs 12,000 crore, nearly double than envisaged initially. The original cost of the project was Rs 6,285 crore. NHPC is executing the 2,000-mw Subansiri hydel plant in Assam. Sources in NHPC said that local issues, contractual issues, geological surprises, delay in decision making and poor risk-taking assessment have impacted the progress on the Subansiri project.