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IL&FS arm gets Rs 77.5 cr construction contract

IL&FS arm gets Rs 77.5 cr construction contract

Unitech awarded a Rs 77.5 crore contract for construction of 'Signature III', a commercial complex in Sector-15, Gurgaon to IL&FS Engineering and Construction. The engineering and construction arm of IL&FS said it received letter of intent (LoI) for construction of the complex. The building project entails three basements. The comp

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Posco set to get land for steel project

Posco set to get land for steel project

According to a status paper prepared by the Odisha government, the Indian arm of South Korean steel maker Posco is set to get 1,554 acre land for its proposes steel plant in Jagatsinghpur district. The Indian arm of the South Korean firm plans to set up a 12-mn tpa greenfield steel facility near Paradip at an in

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TN govt seeks Rs 1 bn for solid waste  project

TN govt seeks Rs 1 bn for solid waste project

Tamil Nadu Chief Minister J Jayalalithaa informed that her government was expecting Rs 100 crore from the central government for implementing solid waste management system across certain areas in the state. Meanwhile, the state government raised the construction cost of green houses given to its beneficiaries from

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Posco wants govt to revalidate green nod

Posco wants govt to revalidate green nod

Media reports indicate that the Korean steel major Posco wants the Indian government to revalidate the environment clearance for the Rs 52,000-crore steel project in Odisha. Although the project was given clearance in 2005-06, that was put on hold subsequently. Following this, the green tribunal visited the site and sent its report to the e

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Posco wants govt to revalidate green nod

Posco wants govt to revalidate green nod

Media reports indicate that the Korean steel major Posco wants the Indian government to revalidate the environment clearance for the Rs 52,000-crore steel project in Odisha. Although the project was given clearance in 2005-06, that was put on hold subsequently. Following this, the green tribunal visited the site and sent its report to the e

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Cargo volume at KoPT declines 7.79%

Cargo volume at KoPT declines 7.79%

Cargo volume handled by Kolkata Port Trust (KoPT) stood at 39.88 million tonne (mn t) in 2012-13, which is 7.79 percent lower than 43.25 mn t in the previous fiscal. In 2012-13, cargo throughput attained by Kolkata Dock System (KDS) declined 3.5 percent at 11.8 mn t. On the other hand, cargo handled by Haldia Dock contracted 9.4 percent to 28.08 mn t during the fiscal. Repo

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Cement firms bet big on govt projects ahead of election

Cement firms bet big on govt projects ahead of election

Some industry players and analysts feel that demand for cement may rise in the coming months as government expedite key construction projects ahead of Lok Sabha election. VP Sharma, Chief Operating Officer of Dalmia Cement said the oversupply situation still persists but since elections are next year, a slew of measures by the government may turn

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Aranmula airport project faces setback

Aranmula airport project faces setback

In response to a petition filed by the Aranmula Heritage Village Protection Action Council, the National Green Tribunal has stayed the Rs 2,000-crore Aranmula private airport project in Kerala. The council argues that the construction of a private airport was in violation of the provisions of the Kerala Conservation of Paddy and Wet Land Act, 2008, Kerala Land

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Operation at Gopalpur port to begin soon

Operation at Gopalpur port to begin soon

MM Moharana, Director of Gopalpur Port (GPL) in Odisha informed that the actual operation in the port would begin within the next fortnight and the port can now handle around 3 million tonne (mn t) cargo annually. It may be recalled that operation at the port, located off Ganjam coast, was suspended in the last two years as the erstwhile seasonal minor port was being converted into a

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Kerala govt to seek nod from union ministry for Vizhinjam project

Kerala govt to seek nod from union ministry for Vizhinjam project

Kerala government would formally approach the Union Ministry of Forests and Environment to get clearance for the Vizhinjam deepwater seaport and international transhipment container terminal project. The state government would approach the union ministry after a public hearing is held on the project by the Kerala State Pollution Control Board. The board would hold the hearing once it receives two reports - the environmental and social impact asse