Deendayal Port Ties Up For Kutch Green Hydrogen Park
Airbus Expects India Commercial Fleet To Triple By 2035
Airbus expects India’s commercial fleet to triple to 2,250 aircraft by 2035 as the domestic aviation market expands and carriers pursue international growth. The company projects passenger traffic to grow at eight point nine per cent compound annually over the next 10 years, prompting assessment of infrastructure and the aviation system required to support such expansion. The plan contemplates an increase to around 200 airports in 10 years, equating to 50 additional airports, and foresees a tripling of the operational fleet. An associated outcome will be a substantial rise in cargo capacity..
NMDC Eyes Canadian Coal Reserves To Drive Steel Growth
The National Mineral Development Corporation (NMDC) is exploring access to Canadian coal reserves as it seeks to support expansion of India's steel sector. The move is intended to secure a stable supply of metallurgical coal, which is critical for steelmaking and for reducing exposure to regional supply disruptions. The initiative reflects broader efforts by Indian mining and steel companies to diversify raw material sources amid fluctuating global markets. Analysts say securing upstream resources can strengthen long term production planning and lower feedstock uncertainty for mills. Accessin..
Bangladesh Appoints UK Firm To Arbitrate Coal Pricing With Adani
Bangladesh has appointed a United Kingdom (UK) law firm to arbitrate a dispute with Adani Group (Adani) over coal pricing for power projects. The appointment follows disagreements between the parties on the method for setting prices and the commercial terms that underpin coal supply contracts. The decision to pursue arbitration reflects a preference for neutral dispute resolution rather than litigation in domestic courts. The firm will act as an independent adjudicator of contractual interpretation and pricing mechanisms. The law firm is expected to review project contracts, examine pricing f..

