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LNG terminal on the back burner

LNG terminal on the back burner

Two years after Oil and Natural Gas Corporation (ONGC), with its consortium partners Bharat Petroleum Corporation Limited (BPCL) and Japanese conglomerate Mitsui, signed a memorandum of understanding (MoU) to set up a regasification liquefied natural gas (LNG) terminal at New Mangalore Port, the project is again on the back burner.

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Logistic park along Lucknow-Agra E-way

Logistic park along Lucknow-Agra E-way

An MoU between the UP government and Container Corporation of India (Concor) of the railway ministry is to be signed soon to develop a Rs 4,500-crore logistic park along the country´s longest Agra-Lucknow Expressway.

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MoU for transporting coal from MCL

MoU for transporting coal from MCL

The State Government signed an MoU with coal and railway ministries in New Delhi recently to form a special purpose vehicle (SPV) for evacuation of coal through rail from Talcher coalfields.

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Rlys turnaround in five years: Prabhu

Rlys turnaround in five years: Prabhu

Railway minister Suresh Prabhu dedicated the Rail Budget to the ´aam aadmi,´ saying that there would be a turnaround of the Railways in the next five years. The Lok Sabha recently passed the demand of grants for the Railways. ´The Rail Budget has kept the aam aadmi in its focus.

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Rs.8.5 lakh crore plan is for decongestion of network

Rs.8.5 lakh crore plan is for decongestion of network

Despite having the largest rail network in Asia, Indian Railways has not been able to make much progress. The reasons for its dismal growth are known. Union Railway Minister Suresh Prabhu has ambitious plans of expansion and capacity building. In this regard, he says that in the high density routes, there has been considerable underinvestment, resulting in congestion.

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Gopalpur Port to reopen by Aug 30

Gopalpur Port to reopen by Aug 30

The Gopalpur Port is likely to restart operations from August 30, said Commerce and Transport Minister Ramesh Chandra Majhi. The port was closed after cyclone Phailin which struck Odisha coast on October 12, 2013.