In a step towards creating a world class automobile and ancillary manufacturing hub in Mandal-Becharaji taluka of Ahmedabad District, a pipeline to supply natural gas has been commissioned by Ace Pipeline.
Author: admin (Infratructure Today)
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BOC in 200th Boeing plane delivery
Leasing company BOC Aviation Limited, which has dealt extensively with Indian carriers, has announced the delivery of its 200th Boeing plane to Lion Air Group.
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Center to push urban growth corridors
To effectively address the emerging urbanisation challenges, the Ministry of Urban Development has come out with a multi-pronged policy framework to promote living close to mass urban transit corridors.
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Adani Ports Q3 net profit up 26percent
Adani Ports and Special Economic Zone (APSEZ) has reported a healthy 25.82 per cent jump in consolidated net profit to Rs 849.75 crore for the quarter ended December 2016, on the back of increased income. APSEZ is the country's largest port developer and the logistics arm of Adani Group.
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Northern Coalfields ratifies Rs 1,244-cr share buyback plan
Coal India has said that the Board of its subsidiary Northern Coalfields has approved a share buyback plan worth Rs 1,244 crore.
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L and T arm bags Rs 1,100 crore contract from IOC
Larsen and Toubro Hydrocarbon Engineering has said that it has bagged orders worth Rs 1,100 crore from IOC for its Bongaigaon refinery in Assam.
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Ministry of Urban Development to push dense urban growth along mass transit corridors
To effectively address the emerging urbanisation challenges, the Ministry of Urban Development has come out with a multi-pronged policy framework to promote living close to mass urban transit corridors. This new initiatives seeks to promote ĆāTransit Oriented Development (TOD)Ćā which enables people to live within walking or cycling distance from transit corridors like the Metros, monorail and Bus Rapid Transit (BRT) corridors, currently being taken up on a large scale.
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Power Ministry releases Rs 1,094 crore for J and K schemes
Union Power Minister Piyush Goyal has sanctioned Rs 1094.10 crore for augmentation and strengthening of electricity supply in Jammu and Kashmir under two different Centrally Sponsored Schemes, which were meant separately for rural and urban areas of the state.
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South Delhi civic body to set up waste-to-energy plant
The South Delhi Municipal Corporation (SDMC) has said that it plans to set up a waste-to- energy plant at Tehkhand at a cost of Rs 351 crore. The SDMC standing committee has approved the project under which 1,200 metric tonnes (MT) of waste would be utilised to generate 15 MW power, which would be sold at Rs 5.5 per unit to earn revenue of Rs 57.81 crore per year, it said.
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Lone Star, IL and FS to invest in stressed infrastructure projects
Private equity firm Lone Star has joined hands with IL&FS to invest in struggling Indian infrastructure projects. The tie-up will have an investment corpus of $550 million, which could result in asset purchases of up to $2.5 billion, according to the partners.