For a gas monitoring system, Gujarat Info Petro has signed an agreement with Cason Engineering Plc, Hungary, in pursuant to the already signed MoU during the Vibrant Gujarat Summit-2013. Gujarat Info Petro is a subsidiary of Gujarat State Petroleum Corporation.
The agreement was signed by VK Sharma, CEO, Gujarat Info, and Ferenc SzakĂÂĄcs, Chairman and CEO of Cason, according to a release issued in Gandhinagar.
Tag: agreement
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India, Hungary firm tie-up for a joint gas monitoring system
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World Bank sign $216 mn loan pact for Kerala projects
World Bank signed a $216 million loan agreement with the Government of India and the Government of Kerala for the second Kerala State Transport Project. The loan agreement was signed by Nilaya Mitash (Joint Secretary, Department of Economic Affairs) on behalf of Government of India and Onno Ruhl, Country Director, World Bank (India) on behalf of the World Bank
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IOC to sign pact with Ennore Port for Rs 43 bn LNG project
Indian Oil Corporation (IOC), which has proposed to set up a Rs 4,320-crore liquefied natural gas (LNG) plant at Ennore would soon enter into an agreement with the Ennore Port to secure 132 acre of port land for the project. The project would enable supply piped gas in the southern region, which does not have adequate supply of piped gas
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DMRC to sign pact with monorail body
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DP World to sign concession agreement with JNPT
Following the resolution of environment issues, DP World would sign concession agreement with the Jawaharlal Nehru Port (JNPT) for setting up a 800,000 TEU container terminal. The Rs 1,000 crore project was awarded to DP World in October last year after the firm agreed to share 28.09 per cent of the revenue with JNPT
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India signs pact with Vietnam on cooperation in maritime sector
Recently, union shipping Minister GK Vasan signed an agreement with his counterpart in Vietnam for strengthening cooperation in the maritime sector between both the countries. Vasan signed the pact with Minister of Transport of the Socialist Republic of Vietnam Dinh La Thang during the former's six-day visit to the country
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IL&FS, ICBC Hong Kong to cooperate on infra projects
Hong Kong-based Industrial and Commercial Bank of China (ICBC) signed an agreement with India's Infrastructure Leasing & Financial Services to aid infrastructure projects in the north and east Asia. This is one of the leading banks in Hong Kong and also a wholly owned subsidiary of Industrial and Commercial Bank of China
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Appointment of new chairman may take 5 months
Media reports indicate that it may take at least four to five months to appoint a new chairman for the Jawaharlal Nehru Port Trust (JNPT), whose current Chairman L Radhakrishnan was appointed home secretary of Kerala. Radhakrishnan was the chairman of the largest container port in the country for over three years. Till the time a new chairman is appointed, the deputy chairman has been handed charge and some reports sugg
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Infra firms seek independent regulator for PPP projects
Reports indicate that infrastructure firms and lenders to the sector requested the government to set up an independent regulator to deal with uncertain events in the execution PPP projects. Firms and lenders want the proposed regulator to have powers to make the current agreements of the Public Private Partnership (PPP) projects more flexible to deal
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Chhattisgarh govt, AAI to sign pact for airport project
Media reports indicate that the Chhattisgarh state government and the Airport Authority of India (AAI) may sign an agreement for setting up a full-fledged airport at Raigarh at a cost of Rs 260 crore. AAI is expected to develop the proposed airport in two phases, with Rs 158 crore being spent on the first phase. The authority expects to complete the project in thre