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Author: admin (Infratructure Today)

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Ministry to vet MDL’s tie-up with private firms

Ministry to vet MDL’s tie-up with private firms

Mumbai-based defence shipyard Mazagon Dock (MDL) plans to enter into alliance with Pipavav Shipyard, Larsen and Toubro and ABG Shipyard to construct warships. Media reports suggest that the defence ministry would study the alliance of MDL with these private shipyards in order to ensure that there was no violation of rules framed

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Contract opportunities in PPT

Contract opportunities in PPT

Odisha-based Paradip Port Trust (PPT) plans to raise its cargo handling capacity from 80 million metric tonne to 143 million metric tonne by the year 2015 and to 252 million metric tonne by 2020 through a host of capacity expansion projects, the port said in its website. Towards this goal, the port plans to deepen channel and berths' to handle Cape size vessels (i.e. up to 1, 25,000 DWT size),

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Contract opportunities in OIL India

Contract opportunities in OIL India

Oil India (OIL) is a premier state-run company under the administrative control of Ministry of Petroleum and Natural Gas in the central government. The company is engaged in the business of exploration, development and production of crude oil and natural gas, transportation of crude oil and production of LPG. For the quarter ending September 30, 2012, the company's net profit declined 16 per cent to Rs 954.57 crore from the year-ago period.

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NRL plans to expand refining capacity

NRL plans to expand refining capacity

Numaligarh Refinery (NRL), a subsidiary of Bharat Petroleum Corporation (BPCL) plans to expand its refining capacity from 3.0 million metric tonne per annum (mn tpa) to 8-9 mn tpa at Golaghat in Assam. The company is also considering options of sourcing and transporting the additional crude oil through a pipeline.

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JSW Ispat is the 2nd largest steel firm

JSW Ispat is the 2nd largest steel firm

JSW Ispat Steel is the second largest steel company in the country with a capacity of 14.3 million tonne per annum. The company became the second largest steel producer following the merger of Sajjan Jindal-led JSW Steel with JSW Ispat (formerly Ispat Industries). JSW Steel acquired Ispat Industries from the Mittals in December 2010 for Rs 2,160 crore.

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Contractual opportunities in iron ore segment

Contractual opportunities in iron ore segment

The increasing capacity of steel production in the country coupled with ban on illegal mining in some of the states have caused shortage of iron ore in the country. In this backdrop, several companies are looking to hire contractors for activities related to mining and supply of iron ore.

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JNPT loaded 4.32 mn standard containers

JNPT loaded 4.32 mn standard containers

Jawaharlal Nehru Port (JNPT) loaded 4.32 million standard containers from three separate container terminals in 2011-12. Out of this, Gateway Terminals handled 1.89 million standard containers. Gateway is the biggest of the three container loading facilities by volume operating at JN port.

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PPT plans to expand cargo handling capacity

PPT plans to expand cargo handling capacity

Paradip Port Trust (PPT) plans to expand its cargo handling capacity to 237 million tonne by the year ending 2020 in order to cater to the increase in EXIM trade. PPT is one of the major ports of India serving the eastern and central parts of the country.

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RBI allows loan recast for mining firms

RBI allows loan recast for mining firms

Agency reports suggest that Reserve Bank of India (RBI) said it does not have any objection for banks restructuring the loan of the mining industry in Goa if they are based on the prescribed guidelines.Ban on mining in the state affected around 22,000 trucks and 400-odd ships in the state transporting ore from different parts of Goa to

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Sreedharan asks Gujarat govt to rethink metro rail project

Sreedharan asks Gujarat govt to rethink metro rail project

India's Metro Man E Sreedharan suggested Gujarat government to rethink its approach to the Ahmedabad-Gandhinagar metro rail project. Speaking at MS University's 61st annual convocation in Vadodara, Sreedharan said Gujarat has lost the chance to get funding from Japanese government for the project. Sreedharan, who was the former managing director of Delhi