Home » Archives for admin » Page 793

Author: admin (Infratructure Today)

Post
Import of natural gas to operate power plants

Import of natural gas to operate power plants

The decline in the supply of natural gas from Reliance Industries' (RIL) KG D6 basin to gas-based power plants may prompt these units to import costly
R-LNG to operate their facilities. Anticipating sufficient gas availability, power producers set up a substantial amount of gas-based power capacity in recent

Post
Ministry examines proposal on pricing of KG D6 gas

Ministry examines proposal on pricing of KG D6 gas

Union petroleum ministry is examining the proposal of the Finance Ministry to ask Reliance Industries (RIL) to sell natural gas at lower rates ($4.2 a unit) for the supplies it still owes. In a recent letter to the petroleum ministry, the finance ministry suggested that the government must subject gas producers to closer regulation, especially on the

Post
APM Terminals Pipavav upgrades container infrastructure

APM Terminals Pipavav upgrades container infrastructure

In a move that raises the operational capacity of APM Terminals Pipavav, the port authority upgraded its infrastructure with the ability to carry Double Stack High Cube Containers. The double stack container trains commenced recently and this made APM Terminals Pipavav one of the

Post
Great Eastern to buy gas carrier

Great Eastern to buy gas carrier

Great Eastern (GE) Shipping, which has a fleet size of 28 ships comprising 20 tankers and 8 dry bulk carriers, decided to buy a very large gas carrier of about 49,300 dry weight tonnage (73,800 cbm). The gas carrier, once bought, would become the 29th ship of the firm. GE Shipping Company entered into a cont

Post
Mundra port handles more cargo than Kandla

Mundra port handles more cargo than Kandla

Cargo volume handled by Mundra port stood at 24 million tonne (mn t) during April and June and this is more than the 23 mn t handled by Kandla port in the same period. With this, the Adani Ports and Special Economic Zone (APSEZ)-run port became the first private port to overtake the cargo volume of a major port in the coun

Post
Industry wants govt to focus on issues in port sector

Industry wants govt to focus on issues in port sector

Industry players suggested the government to pay renewed attention to the issues facing port sector in India. Some of the issues facing the sector are lack of clarity on land acquisition policy in an around port area, implementation delays in public private partnership (PPP) projects and faulty tariff structure governing major port

Post
Industry wants govt to focus on issues in port sector

Industry wants govt to focus on issues in port sector

Industry players suggested the government to pay renewed attention to the issues facing port sector in India. Some of the issues facing the sector are lack of clarity on land acquisition policy in an around port area, implementation delays in public private partnership (PPP) projects and faulty tariff structure governing major port

Post
Ennore Port gives concession to Nissan for cargo export

Ennore Port gives concession to Nissan for cargo export

Ennore Port agreed to handle automobile exports cargo of Japanese auto major Nissan Motor India at a concessional rate for a period of 10 years. According to an agreement signed by both the parties, the port gave Nissan concessions in the wharfage up to 60,000 units per annum at the rate of 0.36 percent per unit

Post
Net profit of Essar Ports rises 48% in June quarter

Net profit of Essar Ports rises 48% in June quarter

Net profit of Essar Ports rose 48 percent to Rs 101.4 crore during April-June 2013 from Rs 68.5 crore in the year-ago period. The port announced 22 per cent growth in revenue at Rs 403.7 crore during the quarter under consideration from Rs 330.3 crore in the corresponding period last year. Cargo volume of the firm rose to 14 million tonne during the quarter from 12.65 million tonne in the year-ago

Post
Funds allocated for road works in Varanasi

Funds allocated for road works in Varanasi

A budget of Rs 396.47 lakh has been released for road works in Varanasi. The fund for road construction has been allocated to PWD. With this, the turmoil of the Varanasi city commuters may soon come to an end after monsoon seasonl, said the district magistrate PranjalYadav.