Prominent national level leaders of dock worker unions have intensified the pitch for removal ofĆĀ“regulator rajĆĀ“ to ensure a level-playing field to compete with the non-major ports.
Author: admin (Infratructure Today)
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Paradip Port to have 51percent stake in Rs.5,849 crore rail corridor..
Paradip Port Trust (PPT) will have a 51 per cent stake in the heavy haul rail corridor proposed by Indian Port Rail Corporation Ltd (IPRCL). The corridor would connect Salegaon (Maharashtra) with Paradip port.
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Demonetisation may hit auto sector
The auto sector is likely to witness a decline in the December wholesale figure with the rural retail market suffering a double-digit fall as compared to its urban counterpart due to liquidity crunch post demonetisation, says a Nomura report.
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Centre to give Rs 489 cr for DelhiĆĀ“s water supply
The Ministry of Urban Development has approved the Annual Action Plan of Delhi for 2016-17 under the Atal Mission for Rejuvenation and Urban Transformation (AMRUT) with a project investment of Rs 266 crore for improving water supply and sewerage networks.
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Power Grid must monetise transmission assets to unlock capital, says Goyal
Power minister Piyush Goyal has urged Central electricity transmission utility Power Grid Corporation (PGCIL) and state transmission companies to ĆĀ“unlock capitalĆĀ“ that has accrued over years in transmission assets.
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Nalco to invest in Rs.12,000-cr smelter
NALCO plans to set up a new greenfield smelter in Odisha at Kamakhyanagar. The site is close to where NALCO is teaming up with NTPC for setting up a 2,400 MW coal-fired power station.
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Infra project delays cost Rs.1.47 lakh cr
Delay in regulatory approval, lack of funds and land acquisition issues are taking a toll on 115 mega infrastructure projects, which face a cost overrun of Rs 1.47 lakh crore. The projects, each worth Rs 1,000 crore or more, are part of a total 339 across sectors such as power, railway and roads, that were examined by the Statistics Ministry in August 2016.
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IOC eyes 26percent in GSPC LNG terminal
Indian Oil Corp (IOC) is in talks to buy 26 per cent stake in Gujarat State Petroleum CorpĆĀ“s (GPSC) almost-completed Rs 4,500 crore Mundra LNG import terminal in Gujarat.
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J and K | 15 small hydro power projects to come up
Jammu & Kashmir Deputy Chief Minister Nirmal Singh has called for exploring new and viable sources for energy generation in addition to harnessing the conventional hydroelectric sources.
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Mori is first village to get piped gas supply in AP
The Andhra Pradesh government is planning to enter into a Memorandum of Understanding (MoU) with the Andhra Pradesh Gas Distribution Corporation (APGDC) Limited for supplying piped LPG to Mori village in East Godavari district.