Global ratings agency Moody's today downgraded the rating for Adani Abbot Point Terminal Pty Ltd's (AAPT) secured bank credit facility to 'Ba2' from 'Baa3' on material volatility in cash flows
Author: admin (Infratructure Today)
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Ship repair units see limited benefit
The government's proposal to exempt excise duty on spare parts used for repairing of ship vessels is not expected to benefit domestic ship repair units in a big way amid drying top-lines.
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Airlines should avail opps: Mukund Rajan, Vistara
With the Civil Aviation Ministry set to finalise the aviation policy soon, which will also decide the fate of the norms for international operations by domestic airlines, Tata Sons said the industry should avail opportunities rather than discuss rules. 'I would say let us all move on..
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Construction and demolition waste management rules
The government has notified Construction & Demolition Waste Management Rules, 2016 for the first time.
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New civil aviation policy may be out in April: Civil Aviation Minister
Union Civil Aviation Minister Ashok Gajapathi Raju said late March the new National Civil Aviation Policy is likely to be out in April. 'We are working on the policy which is likely to be out next month.
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Policy on auction of coal linkages in 2-3 months
Policy on auctioning of coal linkages to the power sector is likely to be finalised in 2-3 months, the government said. Proposed policy on auction of coal linkages to power sector will take two to three months,' Coal and Power Minister Piyush Goyal told reporters.
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Green court cracks whip on clean coal
The National Green Tribunal has pulled up the Ministry of Environment, Forests and Climate Change (MoEFCC) for failure to implement its order to ensure power and coal companies followed clean coal norms.
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Govt relaxes cabotage rules to boost transshipment
To promote transshipment at Indian ports, the Shipping Ministry has allowed relaxations in cabotage rules. Cabotage is the transport of goods or passengers between two places in the same country. Transshipment is the movement of goods and containers to an intermediate destination.
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NH works: State urged to share cost
Road Transport Minister Nitin Gadkari has said the Karnataka state government has been requested to share 50 per cent of the cost for widening of national highways (NHs) in the state.
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BHEL commissions 600-MW thermal plant in Telengana
Bharat Heavy Electricals Limited (BHEL) has commissioned a 600 MW coal-based thermal power plant in Telangana. The unit has been commissioned at the upcoming 2x600 MW Singareni Thermal Power Project (TPP) located in Adilabad district.