Cairn India has shown interest to be a part of a joint venture GAIL India and Rajasthan State Petroleum Corp (RSPCL) for supply of natural gas in Rajasthan. With this, the Anil Agarwal-led Cairn India plans to enter into the downstream sector, which refers to the refining of petroleum crude oil and the processing and purifying of raw natural gas, as well as the marketing and d
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Jaipur citizens to ride Metro train by June
Rajasthan has claimed that its capital Jaipur will see the Metro running this June itself. It claimed that the Metro had been constructed in a record time of less than two and half years thanks to the support from the Delhi Metro Rail Corporation. Rajasthan Chief Minister Ashok Gehlot said this in his meeting with the Deputy Chairman of the Planning Commission Montek Singh Ahluwalia in Delhi on March 20.
Cairn India, ONGC to produce oil from Aishwariya field
Cairn India and ONGC, which is a 30 per cent joint venture partner in the former's Aishwariya oil field in Rajasthan, hope to close 2013-14 at a production rate of 200,000-215,000 barrels of oil a day from the field. Aishwariya is the third largest discovery in the Rajasthan block and can produce higher than the current production rate approved under the field development plan.
HZL looks for logistics provider
Hindustan Zinc (HZL), which has a 1 million tonne of metal production capacity, caters to 85 percent of the country's zinc market.
Rajasthan’s Neemrana may get a new airport
Rajasthan's Neemrana is going to have a new airport. The Union government is planning to set up the airport city near Neemrana, bang in between Delhi and Jaipur, a move that's likely to spur real estate and infrastructure development in the region. Over the last few years, Gurgaon has been expanding in the direction of Neemrana, with areas like Manesar already becoming hubs of industrial and housing activity.
Cairn drills well in Rajasthan block to raise output
According to a company statement, Cairn India commenced drilling of the first exploration well, after a gap of more than four years, in the prolific Barmer Basin in its Rajasthan oil and gas block. The move to drill well follows the endorsement of the exploration Work Programme for the Rajasthan Block (RJ-ON-
Udaipur-Ahmedabad h’way gets nod from FAC
In a major relief to the National Highway Authority of India (NHAI) in Rajasthan, the Forest Advisory Committee (FAC) on February 4 granted clearance for widening of the Kishangarh-Udaipur-Ahmedabad highway. With the approval, work on the project is expected to begin soon.
Udaipur-Ahmedabad h’way gets nod from FAC
In a major relief to the National Highway Authority of India (NHAI) in Rajasthan, the Forest Advisory Committee (FAC) on February 4 granted clearance for widening of the Kishangarh-Udaipur-Ahmedabad highway. With the approval, work on the project is expected to begin soon.
Slowdown or consolidation?
After every available rating and analyst firm from Nomura to Dun & Bradstreet and India Ratings expressed a negative outlook on IndiaÂ’s infrastructure, the inevitable, unpleasant moment arrived when the advance estimates, officially announced early this month, stated that the nation can only achieve 5 per cent growth the current fiscal, the lowest in a decade, and 0.7 per cent lower than anticipated earlier.
Slowdown or consolidation?
After every available rating and analyst firm from Nomura to Dun & Bradstreet and India Ratings expressed a negative outlook on IndiaÂ’s infrastructure, the inevitable, unpleasant moment arrived when the advance estimates, officially announced early this month, stated that the nation can only achieve 5 per cent growth the current fiscal, the lowest in a decade, and 0.7 per cent lower than anticipated earlier.