PK Borthakur, Director (Offshore), ONGC, has over 36 years of experience in exploration and production (E&P) business. He is functional Director on Board of ONGC and also on Board of Directors in OPaL & Pawan Hans Ltd. As Director (Offshore), he is responsible for Offshore Assets which contribute 70 per cent of ONGC's oil and gas production.
Category: Aviation & Airports
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RGIA adjudged Best Cargo Airport
Hyderabad's Rajiv Gandhi International Airport (RGIA) has been adjudged the "Best Cargo Airport of The Year" at the recently concluded 40th Annual Convention of Air Cargo Agents Association of India (ACAAI), held at Jaipur. This is the second year in a row that RGIA has won the accolade for its Cargo operations and re-affirms RGIA's commitment to the industry and trade community by providing them with best-in-class infrastructure and services.
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RGIA adjudged Best Cargo Airport
Hyderabad's Rajiv Gandhi International Airport (RGIA) has been adjudged the "Best Cargo Airport of The Year" at the recently concluded 40th Annual Convention of Air Cargo Agents Association of India (ACAAI), held at Jaipur. This is the second year in a row that RGIA has won the accolade for its Cargo operations and re-affirms RGIA's commitment to the industry and trade community by providing them with best-in-class infrastructure and services.
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2nd unit of GMR Kamalanga plant operational
The GMR Group is establishing 3x350 MW coal-based thermal power plant at Kamalanga in Orissa's Dhenkanal district. The first unit of 350 MW commenced generation on 30 April 2013. The second 350 MW unit of GMR Kamalanga Energy (GKEL) was declared commercially operational on
11 November 2013. With this, the GMR Group's combined generation capacity has touched 2,136 MW.
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Adani, 17 others vie to operate Ahmedabad airport
Ahmedabad-based Adani Ports and SEZ is among the 18 companies in the race to operate Sardar Vallabhbhai Patel International Airport in the city. Along with Adani, the city-based Sadbhav Engineering and a host of other players including GMR, GVK, and Japan´s Toyota Tsusho India have filed the request for qualification (RFQ) document. On 19 November, officials of the Key Infrastructure Development (KID) cell of the Airport Authority of India held talks with representatives of 10 bidding companies
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Adani, 17 others vie to operate Ahmedabad airport
Ahmedabad-based Adani Ports and SEZ is among the 18 companies in the race to operate Sardar Vallabhbhai Patel International Airport in the city. Along with Adani, the city-based Sadbhav Engineering and a host of other players including GMR, GVK, and Japan´s Toyota Tsusho India have filed the request for qualification (RFQ) document. On 19 November, officials of the Key Infrastructure Development (KID) cell of the Airport Authority of India held talks with representatives of 10 bidding companies
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GVK ties-up for Java airport project
To build a second airport in Yogyakarta of Java city in Indonesia, GVK Power & Infrastructure is joining hands with the Indonesia´s State-owned infrastructure firm PT Angkasa Pura I. Angkasa Pura will fund the project through loans or equity. GVK, the Indian infrastructure major and the first foreign firm allowed to own a stake in an Indonesian airport, will have a major share in the $700 million project.
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AAI eyes Rs.1,500 cr profit this fiscal
After the Airports Economic Regulatory Authority (AERA) revised the airport tariffs, the Airports Authority of India (AAI) is expecting a net profit of Rs 1,500 crore this fiscal on account of increase in revenue.
AAI said that it expects to earn a net profit of Rs 1,500 crore as it has seen improvement because of new increased tariff regime of AERA. AAI claimed that the State-run airport operator would not lose any revenue on account of privatisation of six airports, including Kolkata and Chen
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Belgaum airport upgrade
Belgaum airport in Karnataka is set to be upgraded. The existing runway in the airport will be extended to 1,830 m. The Union government has granted Rs 293 crore for the airport upgradation work. To make way for ATR-72 flights, the airport will be upgraded. ATR-72 flight has a capacity to accommodate 78 passengers and once the runway is stretched, more flights can be introduced from Belgaum.
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GVK, Aurizon tie-up
To develop a rail line and a new coal terminal jointly in Australia, GVK Coal Infrastructure (Singapore) Pte Ltd (GVK Hancock) and Aurizon Holdings of Australia have reached an agreement. The two projects are to come up at the Abbot Point Port to unlock the Galilee Basin´s coal resources in Australia. The tie-up is intended to provide sufficient equity and debt funding, including through third party debt finance, for the projects to reach financial closure.