Reports indicate that the union government prefers to award road projects on engineering, procurement and construction (EPC) model because of poor interest shown by developers for PPP (BOT) model. It is learnt that the recent award of road projects witnessed a considerable decline in the number of bidders on the BOT toll basis
Author: admin (Infratructure Today)
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Govt may privatise Chennai airport’s cargo operation
Airport Authority of India (AAI) has said that the Government could give the entire air cargo operation to a private company in the proposed second phase of the Chennai airport modernisation plan. GK Chaukiyal, Member (Operations), Airport Authority of India said that AAI is open to the idea of outsourcing the entire air cargo operations in the second phase when a new cargo facility is to be built in the old terminal.
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Govt may privatise Chennai airport’s cargo operation
Airport Authority of India (AAI) has said that the Government could give the entire air cargo operation to a private company in the proposed second phase of the Chennai airport modernisation plan. GK Chaukiyal, Member (Operations), Airport Authority of India said that AAI is open to the idea of outsourcing the entire air cargo operations in the second phase when a new cargo facility is to be built in the old terminal.
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Use of low-grade ore raises cost of steel firms
An agency report quoted Basant Poddar, Vice President of Federation of Indian Mineral Industries (FIMI) as saying that the use of low-grade iron ore by steel firms may raise the operational cost of these firms. On the back of acute shortage of iron ore in the country, steel firms are forced to use low-grade ore to run
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Use of low-grade ore raises cost of steel firms
An agency report quoted Basant Poddar, Vice President of Federation of Indian Mineral Industries (FIMI) as saying that the use of low-grade iron ore by steel firms may raise the operational cost of these firms. On the back of acute shortage of iron ore in the country, steel firms are forced to use low-grade ore to run
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OMCs may decide individually on diesel price change
Reports suggest that oil marketing companies (OMCs) may decide on hiking diesel prices individually as collective decision invites suspicion of cartelisation from the Competition Commission of India (CCI). In 2010, Reliance Industries had petitioned CCI, alleging the government OMCs acted as a cartel while pricing their aviation turbine fuel supply for Air India, on a te
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OMCs may decide individually on diesel price change
Reports suggest that oil marketing companies (OMCs) may decide on hiking diesel prices individually as collective decision invites suspicion of cartelisation from the Competition Commission of India (CCI). In 2010, Reliance Industries had petitioned CCI, alleging the government OMCs acted as a cartel while pricing their aviation turbine fuel supply for Air India, on a te
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OMCs post losses during Apr-Dec 2012 period
Even though state-run oil marketing companies (OMCs) announced profit during the quarter ending December 31, 2012, they posted losses on a nine-month period between Apr-Dec 2012. This is because the government did not make timely payment of subsidy amount to these firms (in the Apr-Jun 201
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OMCs post losses during Apr-Dec 2012 period
Even though state-run oil marketing companies (OMCs) announced profit during the quarter ending December 31, 2012, they posted losses on a nine-month period between Apr-Dec 2012. This is because the government did not make timely payment of subsidy amount to these firms (in the Apr-Jun 201
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KPT fails to attract EoI for terminal project
Even after extending the deadline for bidding, the Kandla Port Trust (KPT) has not received any response from private players for its proposed development of marine liquid terminal facilities. The port authority plans to engage a private party to set up the facilities consisting of single point mooring (SPM) and two product