The Karnataka state government is mulling to attract investment worth Rs 10,000 crore in the aerospace sector by the end of next year, as it sees Bangalore emerging as a major aerospace hub.
FlashNews:
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Author: admin (Infratructure Today)
Macquarie-SBI looking to invest Rs 1,000 crore in ports
Macquarie-SBI Infrastructure Fund (MSIF), is talks with a shipping port company to make an investment of about Rs 1,000 crore.
NPCC bags project at Mumbai High
National Petroleum Construction Company (NPCC) of Abu Dhabi has bagged a $227 million (Dh834 million) engineering, procurement and construction contract from Oil & Natural Gas Corporation (ONGC), for a wellhead platforms project at the offshore Mumbai High Field.
Jet fuel dearer by over 4 pc
Oil companies have raised jet fuel price by a massive four per cent, the ninth straight increase in rates since October.
7 blocks and 20 washeries
The Coal Ministry has identified seven blocks for development of underground coal gasification (UCG) to promote clean technologies in coal mining.
Jain Irrigation to enter green energy sector
Jain Irrigation Systems is planning to commercially enter the green energy sector by offering its expertise to food processing.
Subsidy for wind power gen
India plans to continue offering a subsidy to wind farm developers which rewards them based on the amount of power they generate and the incentive will conÂtinue beyond March 2012.
TN evokes special powers to acquire land for metro
The Tamil Nadu government has evoked special powers conferred by the Land Acquisition Act, 1894, to deny affected property owners the opportunity to raise objections towards land acquisition for Chennai Metro Rail (CMRL).
IVRCL arm bags Rs 1,550 cr highway project
IVRCL Infrastructures and Projects (IVRCL) has bagged a road project, estimated at Rs 1,550 crore, on the NH-59.
Arunachal urges panel to sanction infra projects
Arunachal Pradesh has urged the Planning Commission to sanction eight major projects.

