A 2.5 million tonne Steel Melting Shop (SMS) and allied unit have been commissioned by Jindal Steel & Power (JSPL) as part of its 6 million tonne per annum (mtpa) greenfield integrated steel project in Angul, Odisha. Dinesh Saraogi, Executive Director of JSPL, Angul Unit said with this landmark achievement, the firm completed the 2.5 mn tpa steel production capacity in the f
Author: admin (Infratructure Today)
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GSPC JV to rope in strategic investor for LNG terminal project
Gujarat State Petronet Corporation (GSPC) and Adani Enterprises (AEL) are jointly setting up a liquefied natural gas (LNG) terminal at Mundra in GujaratĆās Kutch district. The joint venture is in the process of roping in a strategic investor for 25 per cent stake in the project. It is learnt that eight firms, including India Gas Solutions, the joint
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ISPRL setting up 12.5 mn t oil storage capacity
Indian Strategic Petroleum Reserves (ISPRL) is setting up 12.5 million tonne strategic crude oil storage capacity in Bikaner, Rajkot, Chandikhol and Padur. This is part of the phase-II project, Minister of State for Petroleum & Natural Gas Panabaaka Lakshmi informed the Parliament. In the first phase, ISPRL is setting up storage facilities of 5.
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Ennore Port to select contractor for $210 mn project
Ennore Port is in the process of selecting a contractor for the construction of a $210 million multi cargo terminal with a quay length of 270 m. The port, which is is the first Corporatised Major Port under the management control of Ennore Port (EPL), received 11 initial bids from private groups for the project. The scope of work of the project, namely Ennore Port multi cargo terminal will broadly include: design, finance, cons
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Rites estimate costs for AP, West Bengal port projects
Rail India Technical and Economic Services (Rites) found that the capital costs involved in setting up Sagar port in West Bengal is estimated at Rs 7,820 crore. It also found that the capital cost for Dugarajapatnam port project in Andhra Pradesh would be Rs 7,988
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Odisha gets Rs 1,068 cr worth road works under PMGY
The Union Ministry of Rural Development's Empowered Committee has sanctioned proposals worth Rs 1,068 crore to Odisha under the Pradhan Mantri Gram Sadak Yojana (PMGY). However, the Union Rural Development Minister Jairam Ramesh has asked the Odisha government to pace up the implementation of infrastructure projects in the state. The State required a quality of roads, the committee also stressed.
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Alternative route to NH-2 in Manipur’s Mahai lambi
In Manipur, the State government plans to develop an alternative route to National Highway No 2 in Mahai lambi (ML). In this regard, the State Works Minister Kh Ratankumar inspected ML on August 11. The NH No 2 passes through Mayang Imphal, Wabagai and Kakching Lamkhai. The matter of developing an alternative route to NH was also raised during a meeting of Chief Ministers and Works Ministers of North Eastern states held in Guwahati recently.
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Roads in a bad shape in Malnad region of Karnataka
In Karnataka's Malnad region, roads of Shimoga district that connect the coastal districts of Dakshina Kannada, Udupi and Uttara Kannada are in a pathetic condition. While Tirthahalli, Hosanagar and Sagar taluks fall in the Malnad region, Bhadravati, Shimoga, Shikaripur and Sorab taluks are in the semi-Malnad region.
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Govt asks CIL to sign coal supply pacts for 78,000 mw
The Coal India (CIL) and its subsidiaries have been directed to enter into fuel supply pacts with the power firms for a capacity of 78,000 mw by this month-end. The Union Coal Ministry had issued a presidential directive to CIL directing it to sign FSAs for about 78,000 mw. Earlier, CIL was asked to sign FSAs for 60,678 mw capacity which was the projected requirement for 131 power plants commissioned or to be commissioned by March, 2015, say media reports.
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RBI study favours anti-inflation policy
Citing a study, Reserve Bank India (RBI) said it cannot pursue a policy of higher inflation tolerance as the means to lower real rates because beyond a threshold, the negative impact of inflation on growth outweighs its positive impact. Although the study points to empirical evidence that lower real interest rates can stimulate growth and investment, it does not recommend a policy of higher infla