A Memorandum of Understanding (MoU) between the Government of India and the Government of the United States of America was signed today to enhance cooperation on energy security, clean energy and climate change.
Author: admin (Infratructure Today)
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Suggestions invited on Draft National Water Framework Bill
Ministry of Water Resources, River Development and Ganga Rejuvenation has uploaded the draft national water framework bill and draft model bill for conservation, protection, regulation and management of ground water on its website (http://mowr.gov.in).
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Coal auctions, solar plan
Speaking to Bloomberg TV India, Union Minister Piyush Goyal said he plans to seek approval for the next round of coal auctions.
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Mumbai Port to float global tender
Mumbai Port will be floating a global tender to appoint a project management and implementation consultant for preparing a master plan for developing its land. It is the country´s largest port. ´Till now, the plans that have been made are general.
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Iron ore traffic falls by 28per cent at major ports
Iron ore traffic, including pellets, at major ports saw a sharp fall of 28 per cent in financial year 2015-16 as imports declined because of weak demand. Total iron ore cargo fell to 13 mn t from 18 mn t a year ago.
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India´s Central Asia dreams to set sail from Chabahar
In what was arguably the most important foreign visit of the year for Prime Minister Narendra Modi, he signed a dozen deals with Iran. Emerging from decades of sanctions, Iran could soon be the most happening place for trade in the near future. Modi signed deals covering exchange visits by think tanks to a trilateral agreement between India, Afghanistan and Iran for a trade treaty to develop the Chabahar port.
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Govt targets 120 mt capacity addition in ports
Union Shipping Minister Nitin Gadkari has set an ambitious target of capacity addition at 12 major ports by 120 million tonne in 2016-17. These ports had added the highest-ever capacity of 94 million tonne in 2015-16.
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Adani Group in race for AP port project
Adani Group may end its long wait for a port facility in the north coastal region of Andhra Pradesh if it emerges successful in a competitive bid next month.
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Major ports handle 603.37 mt in FY16 | Govt
Total cargo handled by major ports increased by 4.3 per cent to 606.37 mn t last fiscal as against 581.34 mn t in 2014-15, Parliament was informed.
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Adani Ports | High debt a key concern
The 12 per cent fall in Adani Ports and Special Economic Zone´s stock is the firm´s single largest decline in the past two years. It came on the back of research houses like Citigroup downgrading the stock from ´buy´ to ´neutral´ following a sharp increase in net debt, loans and advances.