December 30, 2024 6:38 pm
Earlier, Navi Mumbai International Airport Private Limited was seeking a vendor to supply aviation turbine fuel (JET A-1) for testing purposes at the upcoming airport.
December 15, 2024 10:39 pm
In addition to the fuel supply tender, NMIA has recently completed testing of the Precision Approach Path Indicator (PAPI) system, a vital component of the airport’s aeronautical ground lighting.
December 02, 2024 5:57 pm
Apart from taking a share of windfall profits of oil producers and fuel exporters to partly soften the blow of duty cuts on domestic petrol and diesel sales, the government also wanted to ensure enough fuel supply to meet domestic demand through these taxes.
November 07, 2024 11:26 pm
Of late, a few companies are attempting to control the buoyancy of airships — a longstanding challenge that has prevented their use for cargo transportation.
May 19, 2023 11:54 am
Unlike the United States and the European Union, India does not have policies governing sustainable aviation fuel yet.
April 17, 2023 7:17 am
Exports to Europe more than double compared to February
April 09, 2023 6:28 pm
The bust came after police, following a tip-off, zeroed in on a compound in Hadapsar that witnessed unusual fuel tanker traffic.
February 24, 2023 5:34 am
Demand took a hit in 2020-21 due to the pandemic, before posting a modest recovery in 2021-22. Demand for most products breached pre-pandemic highs in the current fiscal and is set to rise further in the next one.
October 16, 2022 3:17 am
The revised taxes will be effective from Sunday. It also reintroduced a levy of Rs 3.5/litre on export of jet fuel, at the seventh fortnightly review of the one-off taxes on oil companies.
July 09, 2022 7:16 am
However, airlines will continue to pay an 11 per cent excise duty on ATF used for flying aircraft domestically. In a notification dated July 7, the finance ministry said the exemption from both basic excise duty and special additional excise duty would be applicable retrospectively from July 1.



