The government has released the details of all of its 26 sedimentary basins, which oil and gas companies could access before they seek an exploration and production license in their preferred area. These basins covering an area of 3.14 million square kilometers have been divided into four categories based on their degree of prospectivity as […]
In fresh conditions, Iran wants India to pay more than triple the gas price for the award of the coveted Farzad B natural gas block to ONGC Videsh (OVL).
The government is seeking the comments of stakeholders on six changes it plans to bring during the second round of bidding for award of rights to fly under its regional air connectivity scheme (RCS).
The government plans to bar ground handling agencies that are majority-owned by foreign entities from operating at airports belonging to the armed forces. Besides, it has proposed barring foreign airlines with foreign ownership of more than 50 pc from carrying out “self-handling” at any domestic airport.
Three biddings took place within a span of 30 days and the solar tariff came down by 22.54 per cent. On April 12, 2017 NTPC concluded the auction for its 250 MW project at Kadapa Solar Park in Andhra Pradesh. Solairedirect emerged as the lowest bidder at Rs 3.15 per unit.
The Delhi High Court has directed the central government to extend benefits of liberalised land use under the National Civil Aviation Policy 2016 (NCAP 2016) to GMR Group-owned Delhi International Airport.
Coal India’s coal production in April 2017 declined by 4.8 pc to 38.44 mn tonnes (mt) as compared to 40.09 mt produced in the comparable month of last year. But, coal offtake during the month under review was up 6.1 pc at 45.29 mt compared to offtake of 42.45 mt in the April 2016.
The government has framed rules for dealing with unruly and disruptive behaviour by the airline passengers. Airlines will maintain their database which will form a national no-fly list of unruly or disruptive passengers. Individuals who have been identified as security threats by the union home ministry will also be included in the list.
Dubai based Emaar Properties PJSC, Dubai (Emaar) has a joint venture with MGF Developments Ltd, Delhi (MGF) since December 2004. The joint venture entity is called as Emaar MGF Land Ltd (EML). In May 2016, EML filed its first motion for demerger with Delhi High Court. In August 2016, it filed the second motion with […]
On April 11, 2017, the Supreme Court set aside Appellate Tribunal for Electricity (APTEL) and Central Electricity Regulatory Commission (CERC)’s orders that permitted Tata Power and Adani Power to raise electricity tariffs in tandem with increased input costs, from 2011 onwards, when the price of the imported coal from Indonesia had jumped substantially.
On May 2, the Supreme Court dismissed the appeals of Essar Steel and Essar Power and upheld the Gujarat high court’s order holding them liable to pay Rs 1,038 crore towards electricity duty to the state government. “We are dismissing the appeals,” a bench of Justices AK Sikri and Ashok Bhushan said.
To quell the menace of illegal power connections, the state government will provide free power connection to Below Poverty Line (BPL) families in urban and rural areas.
