To participate directly in the financial bidding for highway projects in 2013 the National Highways Authority of India (NHAI) has pre-qualified 61 infrastructure companies. In the list, there are two companies that can bid for projects involving capital cost of Rs 14,411 crore. Three firms in the list can put in financial bids directly for the highway construction projects of between Rs 8,000 crore and Rs 10,000 crore.
Author: admin (Infratructure Today)
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Santa Cruz-Chembur Link Road may be ready finally
In Mumbai, a crucial bridge over the central railway lines at Kurla to complete Mumbai's most sought-after east-west road connectivity -- the SCLR -- between western and eastern express highways is expected to be finally ready soon. Thus the SCLR -- Santa Cruz-Chembur Link Road -- may get open for traffic by this year end.
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CSL agrees to repair vessels of UTL
According to a Memorandum Of Understanding (MoU) signed by Union Territory of Lakshadweep (UTL) with Cochin Shipyard (CSL) the latter would repair the vessels of the former on a regular basis. LDCL will submit a tentative schedule for repairs of all their ships by November every year to CSL indicating the approximate schedule and repair duration of ships in the ensui
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Ministry lines up steps for shiphuilding sector
In order to promote shipbuilding industry, the union shipping ministry has lined up measures which include providing cheap loans to the firms, PK Sinha, union shipping secretary said. The shipping ministry has requested the finance ministry to give an interest subvention scheme for the shipbuilding industry as the sector grapples to attract com
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SCI to foray into dredging operation
Shipping Corporation of India (SCI) is taking efforts to diversify its operation into allied areas in order to mitigate losses on the back of slowdown in the global shipping industry. The company, which is suffering losses from its mainstream business, plans to diversify into dredging operation
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SCI can take possession of 7 vessels of erstwhile JV
Sources from the union shipping ministry informed that the discontinuation of the joint venture between Shipping Corporation of India (SCI) and Irano Hind Shipping Company would add seven ships to the former's fleet. SCI will get the seven vessels as it agreed to repay the loans of the joint venture. It is learnt that the joint ventu
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Alstom to despatch train for metro rail by June 2013
Alstom said it would despatch the first train for the Chennai Metro Rail (CMRL), manufactured in Sao Paulo, Brazil by June 2013. A team from the Chennai Metro Rail led by L Narsim Prasad, Director (RS, S&T and Electrical) and Umesh Rai inspected the
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Assocham urges govt to support aviation sector
Industry body ASSOCHAM urged the civil aviation ministry, the Planning Commission and the RBI to work out a joint and a clear mechanism to give a boost to the aviation sector. In a communication to the government, the chamber raised concern that the sector faces policy and regulatory issues besides lack of finance, especially the equit
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OMDC awaits govt nod for mining operation
Orissa Minerals Development Company (OMDC) is awaiting approval from the Odisha government to start mining from its Kolha Roida iron ore mine. It is learnt that the mine is cleared of all litigation and given all approvals, so now it is left to the state government to allow it to start operations. Kolha Roida is on
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Andhra govt may seek Rs 10 bn aid from World Bank for road project
The Andhra Pradesh government would soon approach the World Bank for financial assistance for its road upgradation projects in various parts of the state, especially in rural areas. The state government plans to seek a Rs 1,000-crore credit line from the World Bank once the proposal receives approval from the state cabinet