The Kerala government is considering a Rs 3,000-crore project proposal for construction of new roads in Kochi city, the State PWD Minister VK Ebrahim Kunju has said. This includes construction of new roads connecting Kalamassery, Thrikkakara and the Kochi city.
Author: admin (Infratructure Today)
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SCI posts net profit in Sept quarter
Extraordinary realisation helped Shipping Corporation of India (SCI) post a net profit of Rs 297.26 crore in the quarter ending September 30, 2012 against a net loss of Rs 1
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AAI commissions ILS in Agra airport
Recently, the Instrumental Landing System (ILS) was commissioned in Agra airport enabling it to provide horizontal and vertical guidance to landing and taking off aircra
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RGTIL pipeline capacity fixed at 85 mmscmd
In its November 2 order, the Petroleum and Natural Gas Regulatory Board (PNGRB) declared the capacity of the East-West gas pipeline of Reliance Gas Transportation Infrastructure (RGTIL) at 85 million standard cubic meter per day (mmscmd). One-third of this capacity will be available on common carrier basis
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WBHIDCO to allot vacant land
As part of its second phase development of the proposed financial hub at New Town near Kolkata, the West Bengal Housing Infrastructure Development Corporation (WBHIDCO) plans to allot six vacant plots totalling around 2.5 acre of land. The plots would be allotted on a lease-hold basis (for 99 years) and the cor
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Corporate bond issue declines sharply
Fresh bond issuance by companies has dwindled sharply in the last few months because issuers are delaying their fund raising plan expecting Reserve Bank of India (RBI) to cut policy rate going forward.Also, expectation of tax-free bonds flooding the markets from November has also reduced fresh issuance by companie
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Freight handling rises 5.3% for Indian Railways
The revenue earnings freight carried by Indian Railways expanded 5.30 per cent to 565.37 million tonne in the current financial year up to October 2012
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Hyderabad Metro project gets new steel cutting unit
Andhra Pradesh Urban Development Minister Maheedhar Reddy recently unveiled an automated steel cutting and bending plant that would be beneficial for the ongo
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Vizag Port’s proposed berth project may cost Rs 4 bn
According to media reports, the proposed second container berth project at Visakhapatnam port may cost
Rs 3
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Net profit, sales decline for ABG Shipyard
Net profit of ABG Shipyard declined more than 32 percent to Rs 32.8 crore during the quarter ending September 30, 2012 from Rs 48.4 crore in the year-ago period. Net sales of the private sector shipbuilder also declined to Rs 543.6 crore during the reporting period from Rs 571.6 crore in the year-ago period.