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.
Author: admin (Infratructure Today)
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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.
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DMICDC and IIFCL sign MoU for cooperation on infrastructure projects
The Delhi Mumbai Industrial Corridor (DMIC) has received another major boost with the government-owned India Infrastructure Finance Company Limited (IIFCL) offering its support for the financing and development of viable infrastructure projects.
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Chennai airport installs solar panels
The Airports Authority of India (AAI) has installed solar panels on the cargo complex of Chennai airport, as part of its green initiative. The panels will take care of 80 per cent of the power requirement of the cargo section. The plant can generate approximately 5 MW.
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DERC wants more non-tariff revenue for discoms
New Delhi´s power regulatory body has proposed changes in its regulations to allow discoms, which claim to be under financial stress, to retain a larger share of their non-tariff income.