Indian Oil Corporation (IOC) will commission a detailed feasibility report (DFR), which will cost Rs 3-4 crore on a 2.5 mt a year liquefied natural gas (LNG) import terminal at Ennore.
Author: admin (Infratructure Today)
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ONGC bids for stake in Angola oil block
Oil and Natural Gas Corporation (ONGC) has bid for US energy major Exxon Mobil’s 25 per cent stake in a deep-sea oil block in Angola.
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ZWZ to set up ops in India
ZWZ Bearings, a leading player in the bearing industry, plans to set up its operations in India.
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PNGRB invite bids for gas pipelines in AP and TN
Petroleum and Natural Gas Regulatory Board (PNGRB), has invited invited Expression of Interests (EoIs) for a laying pipeline from Chennai to Nellore.
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NHAI's new financial plan
The National Highways Authority of India (NHAI) is in the process of preparing a new draft plan as its earlier proposals were rejected by the Planning Commission citing that NHAI would find it difficult to borrow funds from the market.
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Centre to fund Metro's escalated cost
The Union government will share the cost escalation of Rs 5,511 crore of the Bangalore Metro project with the Karnataka government.
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AI to spin off MRO
National carrier Air India (AI) plans to spin off maintenance, repair and overhaul (MRO) engineering operations by April to earn about Rs 3,000 crore annually through the engineering division.
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BMC to build 33 foot over bridges next year
Brihanmumbai Municipal Corporation (BMC) has sanctioned plans to construct 33 foot over bridges (FOB) across the city of Mumbai.
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Eton invests $125 million in JSW's port business
Eton Park Capital Management, a global multi-disciplinary investment organisation, will invest upto $125 million in acquiring equity of Jindal Group’s JSW Infrastructure (JSWIL).
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Analysis: Dealing with inadequacies, salvaging lifelines
The next decade is set to witness tremendous growth in rail and bus based urban transport systems like MRTS, BRTS and variants.