A few foreign players have expressed interest in partnering with Hindustan Petroleum (HPCL) and GAIL to build a petrochemicals complex in Andhra Pradesh, the head of HPCL has said.
Author: admin (Infratructure Today)
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Panel defers green nod to IOCL´s Styrene project
The Centre´s green panel has deferred its decision on granting environment clearance to state-run Indian Oil Corporation Ltd´s (IOCL) Rs.593 crore Styrene and Ethylene project at Panipat, in Haryana, for want of more information.
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Binani Group to invest Rs.10,000 cr in West Bengal
Binani Group of Braj Binani, which has presence across India, East Africa, China, Indonesia and the UAE, has lined up around Rs.10,000 crore investments in cement, power and infrastructure, including ports, in Bengal.
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Railways calls off deal to manufacture Japanese locos
The Indian Railways (IR) has called off negotiations with a Japanese consortium for the acquisition and indigenous manufacture of Next-Gen locos of 9,000 horsepower under what had been proposed as a Transfer of Technology (ToT) agreement.
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Tata Steel drops Gopalpur plant plan
Tata Steel has dropped plans to set up a ferrochrome complex at Gopalpur in Odisha but will build a plant with a capacity of 55,000 tonnes at the same place. This unit is scheduled for commissioning by the first week of September.
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Dilip Buildcon bags Rs.2,016 crore road project in UP
Infrastructure firm Dilip Buildcon has said that it has bagged a Rs.2,016 crore road project in Uttar Pradesh. ´The National Highways Authority of India has declared the company as the selected bidder for four-laning of Lucknow-Sultanpur section of NH-56 from 11.50 km to 134.70 km in the state of Uttar Pradesh under NHDP Phase IV on a hybrid annuity basis at a project cost of Rs.2,016 crore,´
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Pasighat Advanced Landing Ground gets operational
The upgraded Advanced Landing Ground (ALG) at Pasighat in Arunachal Pradesh has been inaugurated by Kiren Rijiju, MoS for Home Affairs. A flypast by a formation of three Sukhoi-30 MKI Air Dominance Fighter aircraft, that took off from one of the forward EAC airbases was a highlight of the event.
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Mohali to get five new power grids of 66 KV
To overcome the problem of power shortage in Mohali, five new grids of 66 KV capacity will be set up within the next one year. As many as 200 transformers will also be replaced in the district for uninterrupted power supply to farmers and in rural areas.
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Tata Steel starts export of Tata Ferroshots from its Kalinganagar steel plant
Tata Steel has started export of Tata Ferroshots from its steel plant located in Kalinganagar in Jajpur district of Odisha. Rajiv Kumar, Vice President (Operation) of Tata Steel Kalinganagar Plant flagged off the first export consignment to a South East Asian country on August 23, 2016.
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NPCI´s Unified Payments Interface (UPI) set to go live
National Payments Corporation of India (NPCI), the umbrella organisation for all retail payments systems in India has announced that Unified Payments Interface (UPI) will be going live for customers with 21 banks.