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Construction & Infrastructure News

India to have 35 districts as open defecation free

October 2016

The Ministry of Drinking Water and Sanitation has recently revealed the progress of the Swachh Bharat Mission Gramin in the last two years. As per re...

Ministry of Drinking Water, Sanitation, Swachh Bharat Mission Gramin, Toilets, MNREGA, Swachh Bharat Mission Gramin, World Bank, Construction

Indian consortium to buy stake in Russian oilfield for $3.14 bn

September 2016

Indian Oil Corp, Oil India and a unit of Bharat Petroleum Corporation (BPCL) will buy a 29.9 per cent stake in the Taas-Yuryakh oilfield in East Sibe...

Indian Oil Corp, Oil India, Bharat Petroleum Corporation, East Siberia, Taas-Yuryakh oilfield, Vankor oilfield, CCEA, Taas-Yuryakh Neftegazodobycha LLC, LLC RN-Razvedka I Dobycha, Rosneft

Indian Oil, GAIL sign MoU for equity stake in Dhamra LNG terminal

September 2016

Indian Oil Corporation Limited and GAIL (India) Limited have signed an MoU with Dhamra LNG Terminal Private Limited (DLTPL) for taking equity in the ...

Indian Oil Corporation Limited, MoU, Dhamra LNG Terminal Private Limited, Natural Gas Dharmendra Pradhan, Dhamra Port, Adani Group, GAIL, DLTPL, Narendra Modi

OVL seeks oil in lieu of $537 million due from Venezuela

September 2016

ONGC Videsh Ltd, the overseas arm of state-owned Oil and Natural Gas Corp (ONGC), is seeking $537 million worth of crude oil in lieu of cash due for ...

ONGC Videsh Ltd, ONGC, Crude oil, Venezuelan oilfield, San Cristobal field, PDVSA, Petroleos de Venezuela SA, Orinoco Heavy Oil belt

BlackSoil Capital closes its first Venture debt deal of Rs 15 crore with ‘nearbuy’

September 2016

India’s local commerce platform nearbuy, has raised a venture debt of Rs 15 crore from BlackSoil Capital. Featuring hyper local offers in segments su...

BlackSoil Capital, Venture Capital firm, Sequoia Capital, NBFC, Mohinder Pal Bansal, Startup Indian industry, Ankur Warikoo, Sumeet Kapur, Core technology

ONGC, partners to invest in Bokaro block

September 2016

Oil and Natural Gas Corp and its partners will invest Rs 823 crore to produce natural gas from coal seams of its Bokaro block in Jharkhand from 2017-...

Oil and Natural Gas Corp, Bokaro Block, Jharkhand, ONGC, Indian Oil Corp, IOC

Chinese rail giant CRRC Corp´s JV plant in India begins operations

September 2016

CRRC Corp has recently launched operations of its first JV plant in India. CRRC is also the first foreign company to set up an assembly line of rail ...

CRRC Corp, JV plant, Narendra Modi, Make in India, CRRC Pioneer India Electric Co., Investment, Electric transmission systems, Oil drilling, Wind power generation, Mining equipment

Indian petroleum goods to pass through Bangladesh

September 2016

Indian Oil Corporation and the Roads and Highways Department of Bangladesh have signed a Memorandum of Understanding in Dhaka. The MoU enables IOC to...

Indian Oil Corporation, Roads and Highways Department of Bangladesh, Memorandum of Understanding, Trucks carrying motor spirit, High speed diesel, Superior kerosene oil, Liquefied petroleum gas, IOCL trucks
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