Oil & Natural Gas Corpn has flagged off its prolific east coast project of KG-DWN-98/2 by spudding its first well #KDG-A. The well #KDG-A is one of the 34 wells planned under this mega project. The deepwater well has a target depth of 2346 meters, under a water depth of 518 meters. The well is […]
Day: April 9, 2018
Oil edges up but US-China trade tensions curb gains
Oil markets stabilised on Monday after having lost around 2 percent last Friday as concerns grew over the impact on global growth from an intensifying trade dispute between the United States and China, as well as increased U.S. drilling activity. Markets were also eyeing the situation in Syria after reports – denied by the Pentagon […]
RInfra wins Rs 1,081 cr contract for Kudankulam Nuclear Power Project
Reliance Infrastructure Ltd (RInfra) today said it has won aRs 1,081 crore contract from Nuclear Power Corporation of India Ltd (NPCIL) for works pertaining to two units of the Kudankulam project in Tamil Nadu. The company said its engineering, procurement and construction (EPC) division has won the contract amidst competition from leading players like BHEL, […]
PGCIL bags consultancy contract from Power Grid Company of Bangladesh
State-run transmission utility Power Grid Corp today said it has bagged project management consultancy contract of Rs 21 crore from Power Grid Company of Bangladesh. “Power Grid has secured Project Management Consultancy Contract for construction of 1×500 MW HVDC Back to Back Station at Comilla North (Bangladesh) to transfer power through Surjamaninagar (India) Comilla North […]
AirAsia to expand services from Kolkata, fares start from Rs 1,699
AirAsia India has expanded its fleet size to 18 planes with the induction of a new Airbus A320, which will help it add new routes and enhance the frequency between Kolkata and Bagdogra. The 18th A320 aircraft will be stationed in Kolkata, which is the third base for the Tata Sons-AirAsia invested domestic carrier, a […]