Ramky Infrastructure reported net sales of Rs 669.17 crore for the quarter ended 30 June 2012, as compared to Rs 602.80 crore in corresponding period of last fiscal year,
Author: admin (Infratructure Today)
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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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Macquarie SBI invests in Ashoka
Macquarie SBI Infrastructure Fund (MSIF) has completed an investment of $150 million in Ashoka Concessions (ACL), along with a co-investor, the SBI Macquarie Infrastructure Trust (SMIT).
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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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Cargo traffic at ports to grow by 5.9%
India’s overall cargo traffic at its ports (both major and minor) is expected to grow to 985.20 million tonne or 5.9 per cent in 2012-13. In 2011-12,
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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
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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CPT plans key infrastructure projects
Cochin Port Trust (CPT) has planned to implement some of the key infrastructure projects to attract more clients.
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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
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.