ESG stands for Environmental, Social and Governance.
Tag: Adani
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Advent of private terminals has increased competition
Adani Ports and Special Economic Zone (APSEZ) has been regularly expanding capacities to capture new business opportunities. Captain Sandeep Mehta, President, (APSEZ), talks to INFRASTRUCTURE TODAY about the role and impact of private ports in India.
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Multimodal transport plan will reset India’s logistics sector
Nandan Yalgi, Managing Director, Boxco Logistics India Pvt Ltd, lauds the efforts of the Ministry of Shipping in launching port-led development projects that will eventually bring down logistics costs across the country.
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New record low solar tariff of Rs 3.30/kWh logged at Rewa Solar Park auction
In the recently concluded 750 MW Rewa Solar Park auction in Madhya Pradesh, bids reached a new record low of Rs 3.30 (~$0.494)/kWh (levelised tariff over 25 years) over a rupee lower than the previous low tariff of Rs 4.34 (~$0.065)/kWh, which was recorded in the state of Rajasthan in January 2016. The winning bid for first year tariff hit a new low at Rs 2.97 (~$0.0444)/kWh and will escalate by Rs 0.05 (~$0.0007) over 15 years, bringing the levelised tariff to Rs 3.30 (~$0.494)/kWh over 25 year
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PGCIL lowest bidder for Rs.6,300-cr Vemagiri II proj
Power Grid Corporation Ltd (PGCIL) has emerged as the lowest bidder for Vemagiri II power transmission project of around Rs.6,300 crore in a tariff-based auction. For Vemagiri II project, PGCIL has bid very aggressively and quoted Rs.359 crore annual tariff per annum followed by Sterlite Grid (Rs.429.05 crore), Essel (Rs.459 crore) and Adani (Rs.585 crore).
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IIFCL seeks Korean investment in Indian infrastructure
With an agenda to attract investment in India, the IIFCL has organised a one-on-one discussion of Indian infra developer with Korean investors. The Korean delegation was led by Kim Kyung Wook, Assistant Minister, Ministry of Land, Infrastructure and Transport, Republic of Korea and Song, Byung Hak, Managing Director, KDB Infrastructure Investment Asset Management Co Ltd.
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46 districts to see city gas rollout in 2015-16
In a move that would give 46 new districts in the country gas distribution networks in 2015-16, downstream regulator Petroleum and Natural Gas Regulatory Board (PNGRB)
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Looking East
While political differences may take a while to be ironed out, growing business collaborations between India and China are scripting a mutually benefiting story. China has shown keen interest to finance India´s infrastructure development
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Bailout or sell-out
The dance of democracy will unfold soon, as the poll dates have been announced. While the political fraternity gets down to the poll mathematics, the entire nation awaits the results with a hope of a stable government that can push growth volumes.
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Chemoil Adani interested to develop bunkering facility
To develop a bunkering facility at Chennai port, Chemoil Adani, a joint venture between Chemoil and Adani, has expressed its keen interest. The Indian Oil Corporation is the only supplier of bunker – fuel oil used aboard ships – in Chennai. Mundra, Colombo and Kochi ports have developed bunkering facility. The Kandla port has also taken initiative to improve this facility, say media reports.
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