With the Union Cabinet approving the construction of a Rs 24.67-billion -terminal, the Chennai airport is expected to see its passenger handling capacity going up from the current 17 million passengers per annum (mppa) to up to 35 mppa. Last year, it handled around 20.5 mppa. AAI is awaiting clearance for the project from the […]
Day: May 4, 2018
‘Fuel at Doorstep’ initiative takes baby steps in first month of operations
When Indian Oil Corporation (IOC) chose Pune for its first outlet to supply fuel at doorstep, the decision was more driven by convenience than strategy. “We had a company-owned vehicle with a Maharashtra registration; that is why Pune,” an IOC official said. This, more or less, is the story of implementing ‘fuel at doorstep’ for […]
How India is countering China via energy pacts with neighbours
Pushing a regional integration strategy as part of its foreign policy in the neighbourhood, India is building energy infrastructure in several south Asian countries. In Sri Lanka, where power plants are run mainly on liquid fuel, India recently signed an agreement to build an LNG terminal near Colombo in collaboration with Japan. This will help […]
PGCIL inks pact with power ministry for Rs 25,000 crore capex
State-run Power Grid Corporation of India (PGCIL) today said that it has inked a pact with the ministry of power to incur capital expenditure of Rs 25,000 crore for the current fiscal. “The memorandum of understanding (MoU) includes various targets to be achieved by Powergrid during 2018-19. Capex target for the year has been set […]