The Airports Authority of India has won Dainik Bhaskar's ĂâIndia Pride AwardsĂâ2016-17Ăâ for ĂâExcellence in Infrastructure DevelopmentĂâ in the category of Public Sector Undertaking - Central.
Author: admin (Infratructure Today)
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Air India to post operating profit of Rs 300 crore this financial year
Air India is projected to post an operating profit of Rs 300 crore in the current fiscal and there is no plan to privatise the airline, the government has confirmed.
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Infra push to see cement demand improve to 5percent in FY18, says ICRA
An expected revival in the infra space may help cement demand to grow to around 4 to 5 per cent in the next fiscal, according to ratings agency ICRA.
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NLC to double lignite mining capacity to 62.15 MTPA by 2025
NLC India Limited (NLCIL) is set to increase its lignite mining capacity to 62.15 million tonnes per annum (MTPA) by 2025, from its present capacity of 30.60 MTPA. NLCIL also plans to support coal production capacity of 31 MTPA and power generating capacity of 20,971 MW by 2025.
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Essar Steel IndiaĂâs flat steel production up 47percent in FY2016-17
Essar Steel India Limited (EStIL) has substantially improved its performance for the year ended March 31, 2017. The total flat steel production registered a growth of 47 per cent at 5.6 million tonnes (MT), compared to 3.8 MT in the corresponding period last year. Pellet production also grew by 60 per cent to 9.3 MT compared to 5.8 MT in the same period last year.
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ABBĂâs technology ventilates AsiaĂâs longest road tunnel in Jammu and Kashmir
The new 10.8 kilometre Chenani-Nashri tunnel in Jammu & Kashmir, the longest highway tunnel in Asia, will feature a state-of-the-art ABB ventilation system to ensure that users have access to fresh air as they drive through it. ABB India has partnered with IL&FS Transportation Networks Ltd and Sterling & Wilson Ltd in the development of yet another major Indian infrastructure project.
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Gateway Rail to start handling container traffic at Viramgam
Gateway Distriparks Limited has announced that the fifth rail-linked container terminal of its subsidiary, Gateway Rail Freight Limited at Viramgam near Ahmedabad has been notified by Western Railway for handling container traffic. The terminal will be a double stack switching hub for the company on the North-West trade route.
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Real estate developers welcome GST implementation
Real estate developers have welcomed the implementation of the Goods and Services (GST) Tax. According to them, GST will greatly improve a fractured tax system and help create an integrated Indian market.
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MHPS adopts ĂâPower for a Brighter FutureĂâ as new brand slogan
Mitsubishi Hitachi Power Systems (MHPS) has created a new brand slogan, "Power for a Brighter Future," to signal the value the company provides to the global community.
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Siemens and Sumitomo Electric win order for Kerala HVDC link
A consortium of Siemens and Sumitomo Electric Industries Ltd has been awarded an order from Power Grid Corporation of India, to supply a high-voltage direct current (HVDC) transmission system. The total size of the order won by the consortium is $520 million, of which the share of Siemens Limited is approximately Rs 1,682 crore.