The government, Asian Development Bank (ADB) and the IIFCL have signed a $250 million loan agreement for tranche 2 of the ongoing Second India Infrastructure Project Financing Facility.
Tag: Construction
Post
Post
Oil prices favor gas cos
The gap between the price of crude oil and natural gas will provide an impetus to a fast shift towards cheaper natural gas.
Post
Nomura floatS $500 mn fund
Nomura Securities plans to raise $500 million India Infrastructure Fund from domestic investors to invest in companies that build roads, ports and power utilities.
Post
Noida gets Rs 5K cr thrust
Noida received a budgetary allocation of Rs 4,997.65 crore out of the Rs 17,000 crore allotted for the development of Noida, Greater Noida and Yamuna Expressway.
Post
615.7 mt traffic in 2011-12
Union Minister of Shipping, GK Vasan said that the traffic handling at major ports is forecast at 615.70 million tonne for 2011-12 as per National Maritime Development Programme.
Post
MbPT increases capacity
The Mumbai Port Trust (MbPT) is expecting its container traffic to improve as its offshore container terminal (OCT) project gets ready in 2011-12.
Post
JNPT pays back the locals
The Jawaharlal Nehru port will part with 165 hectare of developed land to the project affected people around the port.
Post
MoEF clears Gopalpur port
The decks have been finally cleared for developing the minor, seasonal port at Gopalpur into an all-weather port with the Union Ministry of Environment and Forests (MoEF) giving its green signal.
Post
Chennai airport to upgrade ground handling services
The Chennai International Airport will have new ground services aimed at improving security and quality of ground-handling services in line with standards recommended by the International Air Transport Association.
Post
IR's 709 km tracks in 2010-11
Indian Railways (IR) added a 709 km of tracks to its network during the financial year 2010-11.