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Author: admin (Infratructure Today)

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GVK's rail project

GVK's rail project

GVK Group has tied up 75 per cent of land for the rail corridor of the $10-billion Alpha Coal Project in Australia and it expects to buy the balance 25 per cent land in the next one or two months.

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RCom to invest Rs 1,500 crore in FY13

RCom to invest Rs 1,500 crore in FY13

Reliance Communications will invest Rs 1,500 crore in optimising telecom network and data services this fiscal. The investment will be made across the company’s network in India as well as its global cable network.

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Spectrum auction

Spectrum auction

The Department of Telecom issued an ‘information memorandum’ containing details of spectrum auction which will start from November 12.

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Vizag to have int’l air cargo terminal

Vizag to have int’l air cargo terminal

Andhra Pradesh’s major port city, Visakhapatnam would have a full-fledged international air cargo terminal by April 2013. Vizag is now directly connected to Dubai, and by October, it is likely to have air connectivity with Singapore as well.

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SE Railway crosses freight target

SE Railway crosses freight target

The South Eastern Railway (SER) loaded 41.16 million tonne (mt) of freight during April-July period against a target of 37.92 mt. Improvement in loading of iron ore in June and July helped the SER surpass the Railway Board’s freight loading target.