India´s oil demand growth will exceed 11 per cent this year as the world´s third-largest oil and gas consumer fires up its economic development, said Minister of Petroleum and Natural Gas Dharmendra Pradhan.
FlashNews:
3i EXPO & Conference gets a rousing response from the manufacturing industry; IPF presents awards to 19 SMEs from across India
Shell plans to acquire 100% stake in Actis for over $1 billion
Why Green means Money
ReNew signs five PPAs to supply 1,500 MW power from solar plants
DLI to offer logistics services at Integrated Logistics Park in Anekal
Mumbai-Ahmedabad Bullet Train project picks ups pace
Scatec ASA aims hydropower assets in India
BSUL invites proposals for solar projects in Jalaun Park
Essar Ports Vizag Terminal held largest dry bulk vessel
Pralhad Joshi: thermal power plants hold 22 MT coal, enough for ten days
Coal demand expects to grow in India: Coal Ministry
Chhattisgarh Govt grants Parsa East & Kente Basan license to mine coal
AAI: Indigo uses new satellite-based tech to land passenger aircraft
Aviation Ministry expects 100 mn passengers traffic this year
Atal Tunnel wins ‘Best Infrastructure Project’ award in New Delhi
NABARD approves five road projects for Sirmaur district
Gadkari lays foundation for 17 highway, CRIF projects in Telangana
RLDA to redevelop Delhi’s 2 stations into world-class rly station
States, UTs surpass 2022 renewable energy goal of 175 MW
Panel to review Odisha-IOC pact
The Odisha Government said a committee has been set up under the Chairmanship of the Secretary of Petroleum and Natural Gas Ministry to review its agreement with Indian Oil Corporation.
Strategic petroleum caverns to be ready by May
The Indian Strategic Petroleum Reserve Ltd (ISPRL) will complete construction of the caverns in Mangaluru and Padur by March and May 2016 respectively.
GAIL project: protest staged
Members of Social Democratic Party of India staged a demonstration at Karunkalpalayam in late February, urging the Central Government to restrain GAIL
India´s oil demand to be highest: IEA
According to the IEA´s World Energy Outlook-2015 report, India´s oil demand is projected to grow by 6 mln barrels per day (mb/d) from 3.8 mb/d in 2014 to 9.8 mb/d by 2040.
Odisha wants review of MoU with IOCL
Fearing national loss of revenue due to tax concessions given to Paradip refinery of Indian Oil Corporation (IOCL), the Odisha Government has sought review of the MoU with the company.
Industrial development along ports to get a push
The shipping ministry is set to launch the National Perspective Plan (NPP) by January next year, aimed at comprehensive and integrated development of coastline.
India, UAE to Start Multibillion Dollar Fund
India and the United Arab Emirates (UAE) are set to start a $75 billion fund to invest in Indian infrastructure projects.
Rent and reward
True wealth to the nation is generated only when the land is put to productive use. Long-term land lease over land acquisition can accelerate the investment cycle in India.
IT Dept slaps Rs.20,495 cr tax demand on Cairn India
Cairn India Ltd, the petroleum arm of London-headquartered Vedanta Resources Plc, has received a tax notice of Rs.20,495 crore from the Income Tax department for failing to deduct withholding tax on alleged capital gains by its erstwhile promoter, Cairn UK Holdings Ltd (CUHL), a subsidiary of Edinburgh-based Cairn Energy Plc.