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Author: admin (Infratructure Today)

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GAIL cuts stake in ONGC proj

GAIL cuts stake in ONGC proj

GAIL India has cut its equity stake in ONGC’s Dahej mega petrochemical project to 15.5 per cent after project cost further escalated by 9.5 per cent.

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Rs 15 bn take-out finance

Rs 15 bn take-out finance

It is learnt that between 2009 and December 2011, the country witnessed take-out financing deals worth Rs 1,500 crore. India Infrastructure Finance Company (IIFCL) has closed deals worth Rs 4,000 crore this year,

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Chennai Port plans terminal project

Chennai Port plans terminal project

Chennai port is planning a Rs 3,700 crore mega container terminal with a continuous quay length of 2 km and 18-22 m side along draft, capable of handling ultra large container ships carrying over 15,000 twenty-foot equivalent units (TEUs).

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KPT to set up oil jetty

KPT to set up oil jetty

Kandla Port Trust (KPT) plans to set up a Rs 233 crore oil jetty on build, operate, transfer (BOT) basis under public private partnership (PPP) mode.

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MIV's CFS at Vallarpadam

MIV's CFS at Vallarpadam

The proposed container freight station (CFS) by MIV Logistics at Vallarpadam would be partly operational by December and fully operational by October 2013.

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Dredging at JNPT, MbPT

Dredging at JNPT, MbPT

Mumbai and Nhava-Sheva Ship Agents Association (MANSA) said it looks forward to the early completion of the dredging project at the JN Port and Mumbai Port channel.