State-run ONGC is taking steps to recover oil and gas from tough reservoirs in India using high end technology. As part of this initiative, the firm set up a ĆāCentre of DeliveryĆā for HPHT and ĆātightĆā reservoirs in November 2012. The centre is headquartered in Chennai, because the eight fields identified are in the South Ćā five in the Krish
Author: admin (Infratructure Today)
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Govt plans various projects in port sector during 12th plan
The capacity of all Major Ports as on March 31, 2013 was 744.91 million metric tonne (mn t) against the traffic of 545.79 mn t handled in 2012-13. This information was given by the Minister of Shipping GK Vasan in a written reply in the Lok Sabha. The capacity utilization is around 72 percent. As per the internationally accepted norms the gap between the Traff
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JNPT to rope in experienced player for terminal project
In order to develop the fourth container terminal in Jawaharlal Nehru Port Trust (JNPT) at Navi Mumbai, the port authority plans to hire only experienced and financially sound contractor. The port authority is adhering to the Planning Commission guidelines in this regard. The port authority does not want to select frivolous parties, said NN Kumar, deputy Chairman. The last d
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Minister clarifies on 2 major port projects
The government has decided to set up two new major ports Ćā one each at Sagar in West Bengal and the other at Dugarajapatnam in Andhra Pradesh. This information was given by Minister of Shipping GK Vasan in a written reply in the Lok Sabha. In respect of the Sagar Port, RITES has estimated capital cost (including connectivity project) at Rs 7,820 crore. The tentative cost for Dugarajapatnam has been estim
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Two major ports likely to come up at Sagar and Dugarajapatnam
Two new major ports are likely to come up at Sagar in West Bengal and at Dugarajapatnam in Andhra Pradesh. RITES has estimated capital requirement, including connectivity project cost at Rs 78.2 bn for Sagar Port.
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Vizag Port awaits court order to sign agreement with Essar
Essar Ports, through its wholly-owned subsidiary Vadinar Oil Terminal Ltd, has emerged as the highest bidder for mechanisation and operation of three iron ore berths with a combined capacity of 23 MMTPA (million tonnes per annum) at Visakhapatnam Port on BOT basis for a concession period of 30 years.
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Market linked tariff fixation likely to make port projects more attractive
The announcement of market linked tariff fixation by Shipping Ministry is likely to expedite the bidding process for various public private partnership projects at various major ports in India. Private operators have been waiting for the new tariff guidelines and are eager to place their bids for projects including container terminals at Chennai, JNPT and bulk terminals at Kandla, Goa and Vizag Port.
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GMR aims to reduce current debt through sale of road toll projects
GMR Infrastructure is likely to sell four road toll projects between Hyderabad and Vijaywada in Andhra Pradesh. The company aims to raise Rs 1,500 crore through the sale of these road assets.
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Six road projects in Manipur to be funded by ADB
Asian Development Bank (ADB) has sanctioned Rs 1,800 crore for development of roads and bridges in Manipur. The proposal for development of six roads has been sent to ADB. Some of these road project include 110-km long Imphal-Moreh Road on NH-2; 85-km long road from Imphal to Wangjing, Heirok and Khudengthabi; 34-km long ring road in Greater Imphal and road from Imphal to Kangchup.
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GHMC: Road repair works is on
GHMC Commissioner MT Krishna Babu has said that so far about 60 percent of road repair works is done. The roads got damaged due to heavy rains in the last couple of weeks. Drainage improvement works is taken up by GHMC at 153 stagnation points