According to a company source, Indian Oil Corporation (IOCL) has received environment clearance for its Rs 97 crore oil depot project at Jharsuguda in Odisha and work on it
Author: admin (Infratructure Today)
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CNG prices to be dearer in Mumbai
Citing rise in input costs, Mahanagar Gas (MGL) said it would raise the price of compressed natural gas (CNG)
by about 2.57 per cent or Rs
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AAI’s plea to Govt for Rs 3,000 cr bond issue
With an objective to finance modernisation of non-metro airports, State-run Airports Authority of India (AAI) on October 31 said that it will soon approach the Union Finance Ministry afresh with the proposal to raise funds through a Rs 3,000-crore infrastructure bonds.
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DP World secures Rs 6 bn terminal project
DP World, which was the lone bidder for the Rs 600 crore container terminal project in Jawaharlal Nehru Port Trust, received the contract from the port
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Cabinet may clear 2 port projects
Union Shipping Secretary PK Sinha informed that the cabinet may clear two new port projects, one in Sagar Island (West Bengal) and Ramyapattanam (And
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RMC increases buses in BRTS corridor
In order to increase the frequency of bus service, the Rajkot Municipal Corporation (RMC) has introduced two more air-conditioned buses on its Bus Rapid Transit System (BRT
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Kochi water project seen by Sept 2013
Reports suggest that Kerala Water Authority may complete the Rs 201 crore project that would bring 100 MLD water to the suburbs of Kochi, by September 2013
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NMC refuses funds under JNNURM for buses
Maharashtra government may give the funds meant for procuring 60 new buses by the Nagpur Municipal Corporation (NMC) to some other municipal body
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Insurance and pension funds are best suited for infra investments
Since infra projects are long term projects, Infrastructure Debt Fund (IDF) can bring in the big push in the sector as innovative means of credit enhancement is expected to provide long term, low cost debt, says D. V Prasad, Head-Finance, Essar Projects, in an interaction with Sumantra Das.
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Investing in risk assessment
Over the last two months, HDFC Bank recruited heads for four verticals, including infrastructure finance, to grow its investment banking business. Recently, several banks have been hiring up infrastructure experts, and as innocuous as the news may seem, it reflects a longer term goal to get specialised. As with most other lessons in India's infrastructure sector, the solution is reactive, not innovative. So banks have a job on their hands, and don't they know it.