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Oil & Gas Stepping on the Gas

Oil & Gas Stepping on the Gas

The complete deregulation of diesel prices and the announcement of the new gas pricing formula are bound to give a fillip to the oil & gas sector in the country. Finally, the oil & gas sector has been visited by the ´reforms

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Racks of investment

Racks of investment

At present, India is not yet ready with the concept of third party involvement for building up rail infrastructure for coal linkages. Now with the positivity which the present government has got along, investors are optimistic about fast-track solutions for coal linkage issues.

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Cairn to extend Rajasthan block

Cairn to extend Rajasthan block

Cairn India has sought partner ONGCs nod for extension of the licence of their prolific Rajasthan oil block beyond the contractual deadline of 2020.

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Cairn to double gas output

Cairn to double gas output

Cairn India Ltd is planning to double gas output from its Barmer basin in Rajasthan by the end of the current fiscal. The company has estimated its Rajasthan gas reserves at one trillion cu ft (tcf).

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Siemens bags PowerGrid contract

Siemens bags PowerGrid contract

Siemens has bagged a contract worth Rs 411 crore from Power Grid Corporation (PGCIL) for setting up three Static Var Compensators (SVCs), each in Punjab, Rajasthan and Jammu & Kashmir.

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Rural road development authority on anvil

Rural road development authority on anvil

Continuing with its development plans, the Rajasthan government is looking at the possibility of constituting a rural road development authority for connecting roads in its villages. To link 10,000 villages in the state with district headquarters, the Public Works Department (PWD).

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Rajasthan to set up regulatory body for roads

Rajasthan to set up regulatory body for roads

To enhance the state's road network, the Rajasthan government will set up a regulatory body on lines of National Highways Authority of India (NHAI). The authority will be mandated to oversee the road construction and get the necessary approval for the concessionaire.