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Tata firm to invest in Rs.5,900 crore floating LNG project
March 2017
In the first investment decision since N Chandrasekaran named as the Tata Group chief, Tata Realty and Infrastructure Ltd is taking 10 per cent stake in a Rs.5,900-crore floating LNG import terminal being set up by Nikhil Merchant-led Swan Energy in Gujarat.
Tata firm to invest in Rs.5,900 crore floating LNG project
February 2017
In the first investment decision since N Chandrasekaran named as the Tata Group chief, Tata Realty and Infrastructure Ltd is taking 10 per cent stake in a Rs.5,900-crore floating LNG import terminal being set up by Nikhil Merchant-led Swan Energy in Gujarat.
Tata firm to invest in Rs 5,900 crore floating LNG project
January 2017
In the first investment decision since N Chandrasekaran named as the Tata Group chief, Tata Realty and Infrastructure Ltd is taking 10 per cent stake in a Rs 5,900-crore floating LNG import terminal being set up by Nikhil Merchant-led Swan Energy in Gujarat.
GSPC looks at financial restructuring post $1.2 billion ONGC deal
January 2017
After selling its stake in KG gas block to ONGC for $1.2 billion, Gujarat State Petroleum Corp (GSPC) is mulling a big financial restructuring including trimming stake in some business like LNG and portfolio readjustment, its Managing Director JN Singh said.
Nepal looks to end load shedding, imports power from India
January 2017
In an effort to end load shedding, Nepal has received 40 MW of electricity from India, taking the total import of power from the country to 340 MW. The power is being given through the 132 kV Dhalkebar-Muzaffarpur Transmission Line, as per an agreement signed with Power Trading Corporation, India.
India to double LNG import capacity | Pradhan
November 2016
GoI plans to more than double its LNG import capacity to 50 million tonnes in the next one year, Union Oil Minister Dharmendra Pradhan has said. It has a capacity to import 21 million tonnes of the super-cooled fuel currently.
IOC in talks to buy GSPC´s stake in Mundra LNG terminal
September 2016
Indian Oil Corporation is in talks to buy debt-laden Gujarat State Petroleum Corp´s (GPSC) stake in the under-construction Rs.4,500-crore Mundra LNG import terminal in Gujarat.
Coal import cuts may save Rs.40,000 crore this fiscal
June 2016
The government is aiming to save Rs.40,000 crore in foreign exchange on account of lower coal imports this fiscal. Last year (fiscal), we did saving of Rs.28,000 crore in foreign exchange. This year we are targeting Rs.40,000 crore, Coal and Power Minister Piyush Goyal said recently.
DRI probes over-valuation of coal imports
May 2016
The Directorate of Revenue Intelligence (DRI) has issued a nationwide alert to its offices and customs formations to scrutinise coal imports for over-valuation
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