The 10 percent stake sale in Oil India, through which the government aims to garner Rs 2,500 crore, may be completed by January 15, reports suggest.
It is learnt that there is consensus between finance and oil ministries on the stake sale date. The oil ministry had earlier expressed reservations over bringing issues of oil sector companies "in a hurry", saying at least two offers for s
Author: admin (Infratructure Today)
Post
Govt may offload 10% stake in Oil India by Jan 15
Post
New Mangalore Port receives 2 cruise vessels
It is learnt that two cruise vessels from the US and the UK called at New Mangalore Port recently carrying a total of 1,088 passengers. Both the vessels sailed out to Kochi after a brief halt at the New Mangalore Port. With these two vessels, the New Mangalore Port has received seven cruise vessels so far in the current fiscal. A pre
Post
Govt to give more powers to banks in road projects
Banks in India are going to be given more functional and supervisory powers by the government with regard to road projects.
Post
Key flyover in Kolkata to be ready by May 2014
In Kolkata, one of the major flyover projects under the Jawaharlal Nehru Urban Renewal Mission (JNNURM) has cleared hurdles for a long-pending 600-metre leg. The 4.6 km-long Park Circus-Parama flyover project, connecting central Kolkata with its eastern fringes including the airport and IT hub in Salt Lake, may now see speedy completion.
Post
Ahmedabad’s 7 model road projects cleared
The Ahmedabad Municipal Corporation (AMC) has cleared seven new model road projects in the last few weeks. These projects were in the pipeline for long and were held back for the Election Commission's approval. The projects will cost Rs 143.87 crore. A major chunk of the money will be pumped into road construction in the west zone, which has seen an allocation of Rs 56.55 crore.
Post
Contractual opportunities with Oil India
Oil India continues to be the second largest national oil and gas company in the country in terms of total proved plus probable oil and natural gas reserves and production for the year 2011-12, SK Srivastava, the company's Chairman and Managing Director said.
Post
Contractual opportunities with Oil India
Oil India continues to be the second largest national oil and gas company in the country in terms of total proved plus probable oil and natural gas reserves and production for the year 2011-12, SK Srivastava, the company's Chairman and Managing Director said.
Post
Opportunities in transportation of LPG
Liquefied Petroleum Gas (LPG) is a mixture of commercial butane and commercial propane having saturated and unsaturated hydrocarbons. It is gaseous at normal atmospheric pressure, but may be condensed to the liquid state at normal temperature, by the application of moderate pressures. Although they are normally used as gases, they are stored and transported as liquids under pressure for convenience and ease of handling.
Post
Opportunities in transportation of LPG
Liquefied Petroleum Gas (LPG) is a mixture of commercial butane and commercial propane having saturated and unsaturated hydrocarbons. It is gaseous at normal atmospheric pressure, but may be condensed to the liquid state at normal temperature, by the application of moderate pressures. Although they are normally used as gases, they are stored and transported as liquids under pressure for convenience and ease of handling.
Post
CIL not to sign MoU
The board of Coal India (CIL) decided not to sign any more Memorandum of Understanding (MoU) for supply of coal to power firms after December. As of now, CIL is said to be supplying about 49 million tonne of coal through MoU route and this is said to be one of the reasons why power utilities are hesitant to sign fuel supply agreements (FSA).