Enter your Email Address to subscribe to our newsletters
The Numaligarah Refinery Limited (NRL) has signed a MoU with Inland Waterways Authority of India (IWAI) for facilitating large cargo transportation through waterways.
Read More
The nation's largest container port JNPT in Navi Mumbai is planning to host an edible oil refinery to maximize revenue and ensure captive cargo. According to the acting chairman of JNPT, Neeraj Bansal, the state-run port already has a liquid cargo terminal in addition to the four container terminals off the city's east coast.
Mongolia broke ground for the construction of country's first oil refinery with the help of a USD 1 billion loan from India on Friday. During this event, Home Minister Rajnath Singh was present.
Prime Minister Narendra Modi on Tuesday inaugurated the commencement of work at the oil refinery in Rajasthan’s Barmer district. Notably, the mega oil refinery will bring a massive change in growth landscape of Rajasthan and western parts of the state in particular and will also create huge employment. PM Modi also inaugurated 11 completed National Highway projects, covering a total length of about 873 km.
To decrease the dependency on China, Mongolia had approached India for funding it for establishing an oil refinery that could boost the nation’s gross domestic product by 10%. In response Mongolians got a smile on face as India has decided to give $1 billion as a loan to Mongolia.