To develop a bunkering facility at Chennai port, Chemoil Adani, a joint venture between Chemoil and Adani, has expressed its keen interest. The Indian Oil Corporation is the only supplier of bunker Ăâ fuel oil used aboard ships Ăâ in Chennai. Mundra, Colombo and Kochi ports have developed bunkering facility. The Kandla port has also taken initiative to improve this facility, say media reports.
Author: admin (Infratructure Today)
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Work to restart on COD railway bridge in Kanpur
Construction of incomplete COD railway over bridge in Kanpur would commence once again from December 25. The over bridge is under construction for the last four years. According to sources first of all diversion would be developed for passers by. Thereafter construction work would begin in main bridge.
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Widening of Nashik-Pune h’way stretch gains speed
On the Nashik-Pune highway, work of widening the Nashik-Sinnar stretch got a respite on December 12 as the Bombay High Court denied extension of the stay order.
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Govt committed for safer road conditions: Minister
The Union Minister for Road Transport and Highways Oscar Fernandes has said that the government is committed to create safer road conditions through legislation, infrastructure, education, enforcement, prompt response and medical care.
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States to get 685 more JnNurm buses, C’garh gets 400 buses
The Union Ministry of Urban Development has sanctioned another 685 buses for States/UTs under JnNURM. The approval was given at a meeting of the Central Sanctioning and Monitoring Committee on bus funding and ancillary infrastructure projects under JnNURM in New Delhi recently.
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Govt to bring in investor-friendly FDI policy
Government has put in place an investor-friendly policy on Foreign Direct Investment (FDI), under which FDI, up to 100 per cent, is permitted, under the automatic route, in most sectors/activities. FDI policy is reviewed on an ongoing basis, with a view to making it more investor friendly, said the Uniion Minister of State in the Ministry of Commerce and Industry EM Sudarsana Natchiappan in Rajya Sabha on December 11.
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Govt to develop Vizag port at 845.41 cr
For handling iron ore at Visakhapatnam Port, the Union government has accorded approval for implementation of the project, upgradation of the existing facility at outer harbour and creation of new facility at inner harbor.
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Govt gives nod for rail link to Astranga port
The Union government has given its ĂâIn PrincipleĂâ clearance for rail connectivity to port of Astranga in Odisha. This information was given by the Minister of State for Railways Adhir Ranjan Chowdhury in written reply to a question in Lok Sabha on Decembder 12.
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GMR to sell stake in Istanbul Airport for Rs 2,500 cr
India's GMR Group is to sell its 40 per cent stake in Istanbul's Sabiha Gokcen International Airport for 200-250 million (approximately Rs 2,500 crore. For this, the GMR Infrastructure, India's largest private airport developer, has entered into a definitive agreement with Turkey's TAV Airports Holdings.
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GMR to sell stake in Istanbul Airport for Rs 2,500 cr
India's GMR Group is to sell its 40 per cent stake in Istanbul's Sabiha Gokcen International Airport for 200-250 million (approximately Rs 2,500 crore. For this, the GMR Infrastructure, India's largest private airport developer, has entered into a definitive agreement with Turkey's TAV Airports Holdings.