The Ministry of Ports, Shipping and Waterways (MoPSW) has identified 13 domestic locations to connect four international destinations in Bangladesh, East Africa and Sri Lanka.

The country’s first automated delivery-based gas trading platform, India Gas Exchange (IGX) has announced securing the necessary authorisation to operate as a gas exchange as per the provisions of the Petroleum and Natural Gas Regulatory Board (Gas Exchange) Regulations, 2020, for a period of 25 years.

Ministry of Shipping will now be known as the Ministry of Ports, Shipping and Waterways. This was announced by Prime Minister Narendra Modi during the inauguration of the roll-on-roll-off terminal at Hazira on Sunday.

Hindalco Industries Ltd and Hindustan Copper Ltd (HCL), a Miniratna central public sector enterprise (CPSE) on Thursday signed a memorandum of understanding (MoU) for the long-term purchase and sale of copper concentrate produced by HCL.

Indian Energy Exchange (IEX), India’s leading energy market platform on Monday announced the launch of the Indian Gas Exchange (IGX), a first nationwide online delivery-based gas trading platform.

The Government of Gujarat has proposed to set up a multi-modal logistics park (MLP) in the Dahej-I Industrial Estate in order to cater to diverse cargo and warehousing needs at the Petroleum, Chemicals and Petrochemicals Investment Region (PCPIR) in Dahej.

The stake of the proposed Petroleum, Chemical and Petrochemical Investment Regions (PCPIR) is most likely to improve with the expansion plans of the Paradip Port.

With an outlay of Rs 1,773 for the year 2017û18, the government has set the ball rolling for the port sector. To promote port-led development in India, Rs 600 crore has already been allocated for the Sagarmala Programme.

Adani Group Chairman Gautam Adani has announced that his company would invest another Rs 49,000 crore in Gujarat for expanding port capacity, and will set up cement plants. It is also planning a foray in the wind and solar power sectors over the next five years.