MMD Mining Machinery Developments in the UK has laid the foundation stone for its new production unit at Sri City Special Economic Zone in Andhra Pradesh. The company's Indian subsidiary MMD (India) to handle the production unit. The company will initially invest Rs 100 crore in this project and will offer employment to 200 people. The company offers mineral sizers, heavy duty apron plate feeders, caterpillar chains and rollers, and sizer stations.
Author: admin (Infratructure Today)
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Arunachal road projects
To improve road connectivity in Arunachal Pradesh, the Union government has approved a network of roads and bridges at a cost of Rs 819 crore. The Union Rural Development Ministry's decision in this regard comes just ahead of Prime Minister Manmohan Singh's visit to Beijing and it emphasises the strategic importance of the bordering state over parts of which China lays claim.
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Pipavav lowest bidder
Pipavav Defence and Offshore Engineering Company (formerly Pipavav Shipyard) said it has emerged as the lowest bidder for an order worth Rs 920 crore from Indian Coast Guard. The contract follows another prestigious order for five Naval vessels amounting to around Rs 2,975 crore received from Defence Ministry which is "under execution".
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IL&FS bags UP rural electrification project
In Bulandshahr district of Uttar Pradesh, IL&FS Engineering and Construction Company has received an order from Paschimanchal Vidyut Vitran Nigam for rural electrification (RE) works. Under the central government's Rajeev Gandhi Grameen Vidyutikaran Yojana scheme, the turnkey project has been awarded to IL&FS and is valued at Rs 149.68 crore.
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Govt allows MPs to spend fund on roads, pavements
The Union government has decided to allow its MPs to spend their local area development (MPLAD) fund for works related to constructing roads, pavements and cycle tracks and this move has been appreciated by the Geneva-based International Road Federation (IRF). IRF is a global road safety organisation.
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Govt allows MPs to spend fund on roads, pavements
The Union government has decided to allow its MPs to spend their local area development (MPLAD) fund for works related to constructing roads, pavements and cycle tracks and this move has been appreciated by the Geneva-based International Road Federation (IRF). IRF is a global road safety organisation.
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Govt okays 13 FDI proposals
Thirteen foreign direct investment (FDI) proposals, worth Rs 1,258.53 crore, were cleared recently by the Union government. The FDI proposals include request to invest Rs 755 crore by Shantha Biotech acquired by French company Sanofi Aventis.
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Expert Group to advice govt on deesel pricing
The Government had constituted an Expert Group to advice on Pricing Methodology for Diesel, Domestic LPG and PDS Kerosene under the chairmanship of Kirit S Parikh (Former Member, Planning Commission). The Expert Group has submitted the report to the Minister of Petroleum & Natural Gas M Veerappa Moily in Delhi on October 30.
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Panel suggests hike in diesel price of Rs 5 per litre
A government panel has on October 30 recommended an immediate rise of Rs 5 per litre of diesel or 9.5 per cent rise, along with other measures aimed at cutting the governmentĂâs huge oil subsidy bill.
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JNPT freezes payment to Royal Boskalis
IndiaĂâs largest container port near Mumbai Jawaharlal Nehru Port Trust (JNPT) has decided to freeze part of the total payment to Royal Boskalis, a Dutch dredging company after it was allegedly found flouting rules regarding the age of dredging vessels.