To insulate itself from oil supply disruptions, India will build its first strategic oil storage facility by January,
Union Oil Minister M Veerappa Moily has said on September 28. India, which is 79 per cent dependent on imports to meet its crude oil needs, is building underground storages at Visakhapatnam in Andhra Pradesh and Mangalore and Padur in Karnataka to store about 5.33 million tonne of crude oil, the Minister said.
Tag: India
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India to build its 1st oil storage facility soon
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Ten more Indian airports to adopt SITA services
The Airports Authority of India (AAI) has chosen world's leading specialist in air transport communications and information technology SITAÂ’s next generation airport management system to transform operations at ten airports across India. The system enhances the passenger journey for 42 million passengers.
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Imported coal stocks at major ports up by 2%
Imported coal stocks at 16 major ports in India stood at 10.2 million tonne (mt) on September 28, Intercocean Group data showed. Interocean Group is a a Delhi-based shipbroker. The imported coal stocks at the major ports is up by 2 per cent from a week earlier.
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Pooling cash flow
The concept of pooled financing comes at a time when the industry needs it more than ever in recent history.Clearing nearly Rs 2 lakh crore (still a small fraction of the pending part of the pie) was the first step for the Cabinet Committee for Investments and the special committee set up by the Prime Minister's Office for this express purpose.
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Tech, manpower, containerisation boost efficiency
Experts say that while it may be unfair to compare one port's efficiency level with another's, internal factors like the level of investment in mechanisation, and others including containerisation and availability of skilled labour are impacting port operations.
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Technology in Indian port operations
Much has been written about ports' need to keep pace with the increasing trade demand through implementation of state-of-the-art technology. Manish Saigal explains what newfangled technology and processes are priority and why.
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Port operation -The efficiency factor
Slow evacuation of cargo from ports is only one of many operational hiccups that Indian ports are up against. Unsurprisingly, a majority of Indian ports have not invested sufficiently in mechanised material handling like its global peers.
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Innovative solutions
Back in the early 1990s, when the other tire companies in India were busy producing highway tires for mass use mostly, the leaders at Balkrishna Industries (BKT) foresaw a unique opportunity in international business and audaciously initiated production in the off-highway segment.
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Deltas Video wall at NTPC
Delta Displays successfully commissioned its state-of-the-art Video wall solutions at the Special Analytics and Computational Services (SACS) Centre of NTPC. Fleet Wide Management is an initiative of NTPC for continually monitoring the reliability
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A unique achievement
Thermal coal remains India's most important fuel used to generate electricity. With increasing environmental concerns, storage and handling of coal in large quantities has thrown up additional challenges. One of the major challenges lies in handling the coal in an environment-friendly manner.