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IWAI signed MoU with MOL (Asia Oceania) Pte. Ltd

Published on February 27, 2021
Current Context: The Inland Waterways Authority of India (IWAI) signed MoU with MOL (Asia Oceania) Pte Ltd.
IWAI signed MoU with MOL (Asia Oceania) Pte. Ltd
  • The MoU is signed for having transportation of LPG through barges on National Waterways-1 and National Waterways-2.
  • Under this MoU, the MOL will perform investment for constructing and operating dedicated LPG barges.
  • The Aegies Group will invest to construct storage terminals, pipelines and other necessary infrastructure.
  • The IWAI will provide an adequate fairway and will manage LPG Cargo on IWAI terminals or multimodal terminal at Haldia, Sahubganj and Varanasi.
  • Static Part: 
    • HQ of IWAI: Noida, UP
    • HQ of MOL (Asia Oceania) Pte Ltd: Singapore

Question: 

Q.1 Which organisation signed MoU with MOL (Asia Oceania) Pte Ltd.?
a. National Highways Authority of India
b. Inland Waterways Authority of India
c. Telecom Regulatory Authority of India
d. Indian Navy
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