Though the zones at the well WO 24-3 are still under assessment, the new find is believed to be big enough to pep up the firm’s production in coming years. Mumbai High in the Arabian sea annually produces about 10 mtoe. The
India on Thursday catapulted itself to veritable exclusive club of the Asian countries with economy-boosting, high-speed rail networks, as Prime Minister Narendra Modi and his Japanese counterpart Shinzo Abe laid the ceremoni
The domestic LNG business, which has not been able to take off due to unaffordable price of imported gas, seems set for a revival as suppliers have begun to agree to renegotiate long-term contract prices, and smaller producti
Under a cloud with the recent spate of accidents — there were three derailments, though casualty-free even on Thursday — Indian Railways is set to install wayside equipment that will keep an eye on all wheels of coaches r
In what may give a fillip to the use of piped natural gas (PNG) by households, the ministry of urban development may include gas pipeline infrastructure in builders’ construction plans, much the same way as electricity and
Despite Indian Railways (IR) putting in place enough wagons to transport coal, its freight from the commodity is likely to be hit as subsidiaries of Coal India (CIL) are not being able to load the targeted quantities.
While railway mishaps are turning alarmingly frequent — yet another derailment of coaches was reported near Mumbai on Tuesday morning — one reason for the poor state of affairs is paucity of manpower at the transporter’
Come financial year 2018-19, the Indian Railways (IR) may shift to accrual-based accounting from the current cash-based system, a move that will help it identify its lakhs of unknown assets, assess long-term liabilities and
Recordings of purported conversations between railway officials suggest Friday’s derailment of the Puri-Haridwar Kalinga Utkal Express near Khatauli in Uttar Pradesh, in which 20 people died, could have been averted.
Prime Minister Narendra Modi’s Urja Ganga gas pipeline project seems on course to achieve the target of meeting the energy requirements of 40 districts and 2,600 villages across five eastern states by December 2020.
Cement markers are signing long-term freight contracts with Indian Railways in droves, a development that would help the transporter reverse the recent trend of a decline in cement loading and allow manufacturers of the binde
The Indian Railways has achieved a robust 36% year-on-year growth in capital expenditure to Rs 32,000 crore during April-July 2017, entrenching its status of the last couple of years as a key driver of public capex.
Taking India's first bullet train closer to reality, work on the Mumbai-Ahmedabad project will commence soon, with the first tranche of $1 billion from a total loan of about $14 billion to be released during the visit of Japa
The Indian Railways is set to start double-stacked dwarf container movement within three months, as all hurdles in the western belt between Gujarat and Maharashtra have been identified and the process of their elimination is
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