Prominent national level leaders of dock worker unions have intensified the pitch for removal of´regulator raj´ 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 Delhi´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 ´unlock capital´ 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 Corp´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.