Saurabh Kumar

We are targeting 40% freight traffic market share by 2022, says Mohammad Jamshed, member-traffic, Railway Board

The financial year 2017-18 was relatively better for the Indian Railways in terms of traffic and earnings compared with previous years. Some of the initiatives taken earlier last year have started to show results and are expe

In an interview with Saurabh Kumar, Mohammad Jamshed, member-traffic, Railway Board, talks about the road map for 2018-19 and beyond. News

Some relief: Move to cap oilcos’ cost recovery dropped

In what would give a modicum of relief to the high-tax-paying hydrocarbon exploration companies including Reliance Industries and Cairn, the government has withdrawn a decision to virtually deny these firms their contractual

The move was patently contrary to the terms of production-sharing contracts (PSC), which allow full cost recovery by the oil explorer-producers. News

Hydrocarbon sector: Import intensity on the rise despite PM’s roadmap for relief

In March 2015, speaking at the global hydrocarbon meet ‘Urja Sangam’ here, Prime Minister Narendra Modi delivered a passionate call for time-bound reduction in India’s onerous import dependence for oil and gas.

Import dependence for gas too has risen steadily (from 36.2% in FY15 to 45.4% in FY18), although its domestic production touched a five-year high in FY18. News

Behind schedule: Rethink on four planned dedicated freight corridors

Indian Railways is exploring options other than DFCs, like high-speed passenger corridors and capacity augmentation of existing lines, to tackle the most niggling issue of congestion on tracks, especially on the Golden Quadri

Indian Railways is exploring options other than DFCs, like high-speed passenger corridors and capacity augmentation of existing lines, to tackle the most niggling issue of congestion on tracks, especially on the Golden Quadrilateral. News

Success Story: Spurt in number of LPG applicants under Pradhan Mantri Ujjwala Yojana

The GSA is being observed across 17,000 villages over a period of 21 days starting April 14, 2018 and the Centre has assigned one director, deputy director or under-secretary-level officer to every village to co-ordinate the

LPG, LPG applicants, PMUY News

Welcome change or warning bells? Bus services overtake Shatabdi on busy, short routes

In comparison, the other two premium-category trains — Rajdhani and Duronto — have seen average occupancy of 83% and above during the period.

bus services, shatabdi, indian railways, shatabdi routes News

Now, Niti Aayog to screen all Government of India consultants

The move comes at a time when Niti Aayog itself is hiring external consultants to bring in talent to strengthen its workforce.

niti aayog, government of india, niti aayog screen consultants News

Essar Oil & Gas to spend $1 bn in Raniganj for shale gas

The company holds the largest CBM acreage in the country with five blocks having an estimated 10 trillion cubic feet (tcf) of CBM spread across 2,700 sq km across five states — Jharkhand, Chhattisgarh, Madhya Pradesh, West

Essar Oil & Gas to spend $1 bn in Raniganj for shale gas

Essar Oil UK looks to raise jet fuel output

The refinery is now capable of producing 145 KT of aviation fuel per month which was 120 KT before implementation of Tiger Cub. However, according to Thangapandian, the full payback period for Tiger Cub will be around 12-15 m

Essar, Essar Oil UK, jet fuel,  Essar Oil UK News

Oil and gas: Discovered small fields – New entrants likely to start production first

While six-seven hydrocarbon areas awarded under the discovered small fields (DSF) policy are expected to start production in 2019, the new entrants, rather than entrenched big players in the sector, are likely to lead the pac

Oil and gas, oil sector, oil industries News

KG-D6 Block: Reliance Industries to surrender two deep-sea finds

Reliance Industries (RIL) has been asked by the Directorate General of Hydrocarbons (DGH) to relinquish two deep-sea satellite gas discoveries—D6 and D19—in the KG-D6 block, off India’s east coast.

Reliance Industries, KG D6 Block, gas discovery, gas, oil field, deep sea  News

GAIL (India) to be split

Company to separate into pipeline, gas-marketing entities to protect customer interest.

gail, gail india, gail india, split. economy News

No initial impact of BS-VI compliance cost on diesel, petrol prices

Production cost of petrol has gone up by 24 paise per litre on an average and that for diesel has risen by 66 paise.

petrol price today, diesel price today, oil price, excise duty cut, petrol, diesel cheaper, brent oil price today, petrol price mumbai today, petrol price delhi today, diesel price mumbai today, diesel price chennai today News

Rail Wagons: Bulk consumers to get their own

Although an estimate of the potential investments by the consumer-industries is yet to be made, it could run into tens of thousands of crores.

rail wagons, railways, consumers to get wagon News

Some Shatabdi trains to see reduction in coaches

These trains with air-conditioned chair cars connect major Indian cities and complete a to-and-fro journey between two destinations the same day.

shatabdi trains, coach reduction, indian railways News

Eastern DFC’s 340-km section may be commissioned in December

A total of around 12,600 ha for the two DFCs has been acquired and compensation of Rs 15,884 crore has been paid. “Almost 100% of land acquisition is over and 98% have been handed over to contractors.

eastern DFC,  dedicated freight corridor, ateli, phulera News

PM Narendra Modi’s Ujjawala Yojana impact: LPG bottling plants are now utilising 120% of capacity

Bottling plants of oil marketing companies (OMCs) are utilising around 120% of their capacities with some even resorting to night shifts owing to the massive demand for liquefied petroleum gas (LPG) cylinders created by the g

LPG bottling plants, PMUY, LPG cylinders, Ministry of Petroleum and Natural Gas, LPG connections News

US LNG to miss March 28 arrival date

The first liquefied natural gas (LNG) ship from the US is expected to miss its scheduled date of 28 March, 2018 to reach Dabhol terminal of GAIL.

lng, india, us, gail News

Station development: Railways plans facelift at own cost

This comes even as its large-scale stations revamp plan, involving private parties, is yet to take shape.

railways, railway sector, railway industry, economy, railway facelift News

Higher loading plan by CIL to push railways’ freight volume

Going by the coal loading projections for Coal India (CIL) by the Ministry of Power, the Indian Railways is set to witness an incremental freight of 30-50 million tonne (MT) over the next three years on account of the fuel al

railways, railways freight, railways freight volume, indian railways, CIL, coal india, ministry of power, indian railways freight charges News

LNG truck-loading at Shell’s Hazira terminal by 2019

The Hazira liquefied natural gas (LNG) terminal in Gujarat will have an LNG truck-loading unit by 2019 for distribution of the fuel in off-grid areas where there are no gas pipelines.

LNG, shell terminal, shell hazira terminal, fuel distribution, gas pipelines News

Leasing out of Railway land: Project gathers pace, transfer of 30 land parcels by mid-April

The Rail Land Development Authority will invite bids for commercial development of 30 land parcels by mid-April, adding that the transporter's potential receipts as lease rentals from these land parcels could be around Rs 7,0

indian railways, infrastructure railway land, RLDA, railway land bid, land parcels News

Railways may infuse equity into IRSDC for station redevelopment

To put the station redevelopment programme on track, Indian Railways is likely to infuse equity into its arm Indian Railway Stations Development Corporation, which is the designated nodal executing agency, so that the latter

IRSDC, station development, railways, indian railways, railway sector News

No last-minute GBS cut: Railways to Piyush Goyal

Support for railways cut by 27% from FY18 original outlay.

gbs cut, railways, indian railways, piyush goel News

States’ share may dip to 50% from 80%

Railways, however, to make 50:50 norm mandatory for all projects, including new lines and doubling

Indian Railways, Maharashtra, Karnataka, Odisha, madhya pradesh, suburban railway projects News

How green energy drive and demand for petrochemicals are making PSUs diversify their portfolio

The Indian Oil Corporation, which is making a massive investment for the Paradip integrated refinery — around Rs 15,000 cr on petrochemicals — plans to pump in another Rs 32,000 crore on petrochemical capacity until 2022-

green energy, petrochemicals, PSU, polymer, IOCL News

Saudi oil minister Khalid al-Falih says country interested in Indian refineries

This comes a day after Union petroleum minister Dharmendra Pradhan said the country has offered Saudi Arabia a stake in the future strategic oil reserves and has also offered investment opportunities in the west coast refiner

refineries, khalid al falih, oil, Indian refineries, aramco oil, indian oil export, saudi arabia oil News
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