Avvashya CCI Logistics (ACCI), a subsidiary company of Allcargo Logistics, plans to invest close to Rs 600 million in the next two years to build an auto engineering part warehouse in Guwahati.
The Competition Commission has imposed a fine of Rs 591 crore on Coal India for allegedly having discriminatory conditions in fuel supply pacts. Apart from directing the company to cease and desist from anti-competitive practices, the watchdog has ordered modification in the agreements.
The Competition Commission has approved Sajjan Jindal-promoted JSW EnergyÂ’s purchase of the 500 MW Bina thermal power plant from Jaiprakash Power Ventures. Under the deal, announced in July, JSW Energy will buy 100 per cent stake in the special purpose vehicle (SPV) Â— Bina Power Supply Ltd (BPSL) Â— to which the 500 MW power plant is to be transferred.
Indeed. From the mid-1990s, where we started with private sector involvement with power generation, and subsequently into mobile telephony and transport sector in the mid-2010s, we are easily the worldÂ´s largest PPP market. India has travelled a long way.
The Ministry of Corporate Affairs vide notification dated 05.02.2015 has exempted the Vessel Sharing Agreements of Liner Shipping Industry from the provision of Section 3 of the Competition Act, 2002 for a period of one year from the date of publication of notification in the official gazette, in public interest.
Working at a breakneck speed to kickstart the economy, the Narendra Modi-led BJP Government is looking to give a big boost to the infrastructure sector. And in one of the first few steps to achieve that, the new Government has cleared seven projects worth Rs 21,000 crore, recently.
The Planning Commission has circulated a Cabinet note seeking to implement the recommendations of the BK Chaturvedi Committee to ensure coal supply for captive power plants (CPPs). The note for consideration of the Cabinet Committee on Investment (CCI) suggests that the Coal Ministry sign initial pacts as envisaged to provide coal to consumers, including CPPs, which cannot be covered with letters of assurances or fuel supply agreements, Coal Ministry sources said.