Rs 6,000 cr BPCL complex among slew of projects PM Modi launches in Kerala

Prime Minister Narendra Modi on Sunday dedicated to the nation a Rs 6,000 crore petrochemical complex of oil major Bharat Petroleum here and Ro-Ro vessels of Inland Waterways at Willingdon Islands. On a brief visit to Kerala, the Prime Minister also inaugurated the Cochin Port Trust’s International Cruise Terminal and Cochin Shipyard’s Vigyana Sagar, a […]

Govt eases curbs on steel for highway construction to reduce cost

Doing away with restrictive conditions for use of steel in highways construction, the government on Sunday announced that all kinds of steel will be allowed for highways provided these meet the quality parameters. Earlier, the contract provisions required use of steel produced by primary/integrated steel producers only. The move is aimed at ensuring cost reduction […]

Immediately adopt FASTag now, won’t extend deadline, says Nitin Gadkari

Union Transport Minister Nitin Gadkari on Sunday said deadline for the implementation of FASTag would not be extended further, and the vehicle owners should immediately adopt the e-payment facilty. FASTags, which facilitate electronic payment of fee at toll plazas, was introduced in 2016. Making the tags compulsory would also help in ensuring that vehicles pass […]

Char Dham Road: Govt to protect environment and build the strategically-important project; details

The strategically important Char Dham project in Uttarakhand will be developed and the environment in the Himalayan eco-sensitive region will be protected, said Union minister Nitin Gadkari in a written reply to a question in the parliament. The Union Minister said that the Char Dham project, worth Rs 12,000 crore, is an all-weather road connecting […]

First highway with wildlife protection corridor! Delhi-Dehradun Expressway will cut travel time to 2.5 hours

Work on Delhi-Dehradun Expressway to start soon! The work on the upcoming Delhi-Saharanpur-Dehradun Economic corridor is currently underway. This highway project, once completed, will reduce the distance between the two cities from 235 km to 210 km, and travel time from the current 6.5 hours to just 2.5 hours. According to the Ministry of Road […]

ONGC profit falls 31%, company’s board approves creation of new subsidiary for marketing, trading natural gas

Oil and Natural Gas Corporation (ONGC) reported a profit of Rs 3,763.5 crore on a consolidated basis for the quarter ended December, 31.1% less than the profit made in the same period a year ago, mainly on the state-run oil and gas producing company’s lower crude price realisation and under-recoveries in the gas business. The […]