The work on pipelaying for transporting liquified natural gas (LNG) of Gas Authority of India (GAIL) is delayed due to FACT unable to give permission to undertake construction work at Udyogamandal and Cochin division.
Author: admin (Infratructure Today)
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OIL eyes Cauvery Basin
Oil India (OIL) has set its eyes on the Cauvery Basin to start its first offshore exploration activity as an operator under the NELP regime.
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Work on Chennai airport revamp begins
The work on Chennai airport expansion has begun. The domestic terminal will be spread over 76,000 sq m and the international terminal about 68,000 sq m.
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Centre approves 660 Mw Kishau dam hydro project
The proposed 660 MW Kishau dam hydro-electric and irrigation project to be built jointly by Himachal Pradesh and Uttrakhand was approved by the Centre.
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Credit to infra industry up 67% of incremental lending
The Reserve Bank of India (RBI)’s says that bank credit to industry has increased 11.7 per cent this fiscal year, as much as two-thirds of that increase is on account of lending to infrastructure.
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DVC likely to mop up Rs 640 cr thru bond issue
Damodar Valley Corporation (DVC) will enter the domestic debt market with a seven-year bond issue to mop up Rs 640 crore through book building method to part fund a number of generation and transmission and distribution projects.
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11 projects under one roof
Reliance Infrastructure (RInfra) is in the process of consolidating its road projects assets, which involve an investment of Rs 12,000 crores, into a holding company to pave way for a potential IPO or private equity investment in the future.
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ONGC to connect Agartala with B'desh port
The Oil and Natural Gas Corporation (ONGC) is building a Rs 25 crore 50 km road from Ashuganj river port in Bangladesh to Agartala and will also develop the port.
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Four new berths at Kandla
Kandla Port has identified Ras Infraport, Sical Logistics, IMC and PSL for its Rs 755 crore project to develop new berths on build-operate-transfer basis.
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Dhamra to be a pioneer
Dhamra port will be the first to implement the relevant provisions of the newly introduced Railway Initiatives for Infrastructure Investments.