Bangladesh received proposal from the United Arab Emirates to invest in four multi-billion-dollar projects in the shipping sector in the country. Bangladesh government is said to be positively considering the proposal. The projects also include development of a deep-sea port at Sonadia for which China and India have expr
Author: admin (Infratructure Today)
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Cargo handling capacity of Chennai terminal doubles
The cargo handling capacity of Chennai International Terminals has doubled to 1.1 million TEUs with the procurement of some additional equipments.
Following the procurement, the terminal owned and managed by PSA International, now has seven super post panamax quay cranes (all twin lifts) and 18 rubber-tyred gantry cranes. The company is also increasing the number of reefer plugs
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Road construction sector on the path of recovery
Industry players feel that the road construction sector is on the path to recovery with the government announcing new norms for road development. It is learnt that the improvement in the project award and execution has caused a sudden surge in demand for construction machinery, building material machines, mining machines and construction
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Civic body removes road encroachments to widen roads
For widening of Allahabad roads for the Mahakumbh in January and February, the Allahabad Municipal Corporation squad removed encroachments from Government Press crossing till Vivekannd crossing on November 21.
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Consultants hired to find land for intl airport at Agra
To find a suitable land for international airport in Agra the Uttar Pradesh Tourism Department on November 20 has hired consultants. The Department has approved a consortium of experts comprising RITES and KPMG Advisory Services for the purpose and a letter of intent has been issued to the companies.
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HAL starts electronics unit in Kerala’s Kasargod
By opening its unit in Kasaragod district on November 17 Hindustan Aeronautics (HAL) made its presence in Kerala. Inaugurating the strategic electronics factory of HAL at Seethangoli in Kasaragod district Defence Minister AK Antony said that work on the second phase of strategic electronics factory will begin soon.
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Ranchi airport terminal is in need of approach road
In Jharkhand, the Rs 138-crore airport terminal building in Ranchi is ready and awaits its inauguration. Union Defence Minister AK Antony will take a final call on construction of a 1km approach road to the new world-class integrated terminal building of the Ranchi airport. Airports Authority of India (AAI) officials had earlier planned to inaugurate the building soon after Diwali.
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GVK awards Rs 19.8 bn order to L&T
GVK project and Technical Services awarded a Rs 1,985 crore contract to the infrastructure IC (independent company) of L&T Construction. In a press statement, the company said the order was part of the Rs 2,503 crore fresh contracts secured by it across various segments
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Japan to announce more loan for corridor project
Japan Prime Minister Yoshihiko Noda informed that the country would announce the second round of loans under Overseas Development Assistance (ODA) for the second phase of the Dedicated Freight Corridor and a third infrastructural project in South India, reports suggest. Noda has reportedly informed this to Prime Minister Manmohan Singh when the two leaders met on the sideli
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Iron ore issue hits steel firms
Steel makers in the country are complaining about lack of sufficient supply of iron ore, the key raw material for steel production, and also the increase in price by NMDC. Media reports suggest that steel firms are reducing their scale of operation and hence their capacity utilisation has declined because of shortage of iron ore. These firms