Adani Enterprises has appointed Parsons Brinckerhoff as consultants to manage contract reviews for its A$7 billion ($6.2 billion) coal mine, rail and port project as it looks to start production by the end of 2017.
Author: admin (Infratructure Today)
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Govt for e-auction of coal blocks
The government has cleared an ordinance for e-auctioning of coal blocks that enables commercial mining by private companies in future.
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OVL to pick up stake in Vietnamese block
ONGC Videsh (OVL) signed an agreement to pick up to 50 per cent stake in Petro Vietnam´s (PVEP) two exploration blocks in the South China Sea.
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BPCL to double refining capacity
Bharat Petroleum Corporation (BPCL) aims to double its refining margins once it completes the expansion and upgrade of its Kochi refinery in Kerala
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GSPC Gas to pick up stake in Vadodara Gas
GSPC Gas, a subsidiary of Gujarat State Petroleum Corp (GSPC), is looking to pick up stakes in Vadodara Gas Co (VGCL)
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India to deepen oil ties with Saudi Arabia
India has invited Saudi Arabia to invest in strategic crude oil storages and downstream facilities.
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OIL for more hydrocarbon concessions
Oil India (OIL) is seeking more hydrocarbon concessions across the globe, including Brazil and Mexico. Among its major ventures abroad
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Spectrum model e-auction
The government is likely to issue at least a dozen sets of rules before starting the e-auction of coal blocks.
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Assets of India´s financial institutions reach $2.8 trillion
According to a report, the total value of assets held by India´s financial institutions touched $2.8 trillion, the third largest among BRICS nations, in 2013.
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SBI seeks flexibility in lending rules by RBI
The State Bank of India (SBI) has urged the Reserve Bank of India (RBI) to allow flexible lending rules including restructuring loans given to existing projects in line with revised cash flows available for debt refinancing