GMR Hyderabad International Airport, which operates the Rajiv Gandhi International Airport, has won the Centre for Asia Pacific Aviation (CAPA) ChairmanĆās Order of Merit for its focus on environmental sustainability and becoming the first airport in the Asia-Pacific region to become carbon neutral.
Author: admin (Infratructure Today)
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NCC Ltd Q3 net profit up at Rs 58.27 crore
Hyderabad-based construction company NCC Limited has reported a 2 per cent increase in net profit at Rs 58.27 crore for the quarter ended December 2016 as compared to Rs 57.03 crore in the corresponding quarter of the previous year.
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Second National Conclave on Mines and Minerals to be held in Delhi
The Ministry of Mines had organised the first National Conclave on Mines & Minerals on 4-5 July 2016 at Raipur jointly with the Government of Chhattisgarh. It was an astounding success, owing to overwhelming support of all stakeholders of the mining industry. All the participants expressed great satisfaction on the organisation and outcome of the conclave.
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Hindustan Copper Q3 standalone net doubles to Rs 17 crore
Hindustan Copper has announced said its standalone net profit has nearly doubled to Rs 16.8 crore in the third quarter ended December 31, 2016.
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GAIL Q3 net profit up 46 per cent
GAIL has posted a 46 per cent rise in third-quarter profit aided by a boost in the petrochemicals business.
Profits rose to Rs 983 crore in the October-December quarter from Rs 676 crore a year ago. Sales fell 9 per cent to Rs 12,294 crore on a drop in natural gas sales. The revenue from natural gas marketing dropped by 20 per cent to Rs 9,414 crore and profit fell 38 per cent to Rs 300 crore in the quarter.
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Tata Power Q3 net profit jumps 38percent to Rs 599 crore
Tata Power has reported a 38 per cent rise in consolidated net profit at Rs 599.2 crore for the third quarter ended December 31.
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New record low solar tariff of Rs 3.30/kWh logged at Rewa Solar Park auction
In the recently concluded 750 MW Rewa Solar Park auction in Madhya Pradesh, bids reached a new record low of Rs 3.30 (~$0.494)/kWh (levelised tariff over 25 years) over a rupee lower than the previous low tariff of Rs 4.34 (~$0.065)/kWh, which was recorded in the state of Rajasthan in January 2016. The winning bid for first year tariff hit a new low at Rs 2.97 (~$0.0444)/kWh and will escalate by Rs 0.05 (~$0.0007) over 15 years, bringing the levelised tariff to Rs 3.30 (~$0.494)/kWh over 25 year
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Domestic air traffic to grow to 130 million in FY18 | CAPA
Domestic air traffic is expected to grow 25 per cent and cross 130 million in financial year 2017-18, but airlines will see bigger risks to profitability because of rising costs and yield pressures, aviation consultancy CAPA has said in its India outlook which it released recently.
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AirAsia India to commence international operations by mid-2018
AirAsia India is likely to commence international operations from the second half of the next calendar year, as it is expected to possess a fleet of 20 aircraft by mid-2018.
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APM Terminals Pipavav implements system for paper-free customs clearance
APM Terminals Pipavav has successfully implemented e-SMTP (electronic sub-manifest transshipment permit) at its port beginning 2017.