With the adverse effect of demonetisation still looming over the country, the New Year will witness industry bigwigs - both international and homegrown ù queuing up to invest in India´s most industrially developed state, Gujarat. The occasion, Vibrant Gujarat (in its 8th edition), is all geared up to welcome the investors from all across the world.
Tag: Adani group
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Indian Oil, GAIL ink MoU for equity stake in Dhamra LNG terminal
Indian Oil Corporation Limited and GAIL (India) Limited signed an MoU with Dhamra LNG Terminal Private Limited (DLTPL) for equity in the 5 MMTPA capacity LNG receiving, storage and re-gasification terminal being set up at Dhamra Port, Odisha.
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Indian Oil, GAIL sign MoU for equity stake in Dhamra LNG terminal
Indian Oil Corporation Limited and GAIL (India) Limited have signed an MoU with Dhamra LNG Terminal Private Limited (DLTPL) for taking equity in the 5 MMTPA capacity LNG receiving, storage and re-gasification terminal being set up at Dhamra Port, Odisha. The agreement was signed in New Delhi in the presence of Minister of State for Petroleum and Natural Gas Dharmendra Pradhan.
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Adani to set up IL&FS captive port in Tamil Nadu
IL&FS is planning to set up a captive port in the district of Cuddalore in Tamil Nadu. The port will be developed and run by Adani Port, say sources. Sources said Adani Group will construct and run the port. The port project cost is estimated to be around `300 crore.
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Adani Group to invest in mining, ports sectors
The Adani Group, which is setting up the world´s largest solar park in Ramanathapuram district, has expressed its willingness to invest in mining, ports and thermal power sectors in Tamil Nadu.
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Adani Group in race for AP port project
Adani Group may end its long wait for a port facility in the north coastal region of Andhra Pradesh if it emerges successful in a competitive bid next month.
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Dhamra Port kicks off work on expansion
Adani Group-controlled Dhamra Ports Company Ltd (DPCL) has initiated work on its second phase of expansion, after getting advance possession of 740 acres of land from the Odisha government.
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Adani Ports Q3 net profit jumps 26% to Rs.645 cr
Adani Ports and Special Economic Zone Ltd (APSEZ) reported a 26 per cent jump in its consolidated net profit to Rs.644.96 core for the quarter ended December 2015.
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Business Acumen
Karan Adani, son of Adani Group Chairman Gautam Adani, has been appointed as the CEO of Adani Ports and Special Economic Zone (APSEZ) with effect from January 1, 2016.
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World Bank to probe IFC´s role in Vizhinjam port project
World Bank Group´s audit arm, Compliance Advisor Ombudsman (CAO), has decided to probe whether IFC