Delhi Metro Rail Corporation (DMRC) awarded a Rs 383.7 crore contract to Era Infra Engineering (EIEL) for the construction of elevated viaduct, five elevated stations at the Kochi Metro Rail corridor in Kerala. The contractor is also responsible for architectural finishing, plumbing works of stations on Alwaye-Petta line of Kochi Metro Rail Project. EIEL is an integrated infrastructure company with its presence across the country
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VPT to rope in consultant for Bheemili port project
Visakhapatnam Port Trust (VPT) plans to rope in a Delhi-based consultant firm, Aecom, for preparing a detailed feasibility report (DFR) for the proposed satellite port at Bheemili. In 6 months time, the consultant firm may submit its report after studying topographical, hydrological and other relevant aspects like projected traffic after two decades
Ennore port may allow bidder to decide on project
Media reports indicate that Ennore Port may give liberty to the the winning bidder for the proposed container terminal project to decide on whether to build the entire terminal in one go or in phases. Based on market condition, the winning bidder may decide how to implement the Rs 1,270 crore project and the port authority may not intervene in this, reports suggest
Govt to publish draft guidelines on tariff setting
Media reports indicate that the government would publish the final draft guidelines on tariff setting by ports in the country after it receives the clearance from Shipping Minister GK Vasan. The final draft guidelines allows the Tariff Authority for Major Ports (TAMP) to notify first a port-wise reference rate for various commodities. TAMP will set the reference tariff that will typically be the highest prevailing rate set on the basis of guidelines fram
Govt to publish draft guidelines on tariff setting
Media reports indicate that the government would publish the final draft guidelines on tariff setting by ports in the country after it receives the clearance from Shipping Minister GK Vasan. The final draft guidelines allows the Tariff Authority for Major Ports (TAMP) to notify first a port-wise reference rate for various commodities. TAMP will set the reference tariff that will typically be the highest prevailing rate set on the basis of guidelines fram
DFCCI awards Rs 67 bn corridor project to L&T consortium
Dedicated Freight Corridor Corporation of India (DFCCI) awarded a Rs 6,700 crore contract, the single largest rail contract so far in the country, to a consortium of L&T and Sojitz, a Japanese infrastructure major. The consortium is said to have received the letter of award for the project. According to the terms of the contract, the consortium is responsible for laying an 643 km of rail track between Rewari in Haryana and Palanpur in Guja
Consortium may finish prospecting work in 18 months
The prospecting work on the three iron ore blocks in Afghanistan's remote Hajigak region may be over within 18 months from the date of commencement of the job in the area. The Afghanistan Iron & Steel Company (Afisco), a consortium of Indian steel companies led by Steel Authority of India (SAIL), secured the contract to mine the block from the national government last year
Vizag port seeks Rites’ suggestion for Rs 6.3 bn project
Visakhapatnam Port Trust (VPT) mandated Rites to study the revenue sharing model for the proposed Rs 634-crore second container berth project at the port. VPT roped in Rites to suggest a revenue sharing model because it is not satisfied with the revenue share offered by Visakha Container Terminal Private Limited (VCT
Union govt to award 380 km of road projects in naxal areas
By the end of 2013, union government would award road projects totaling a length of 380 km in the Left Wing Extremism (LWE) areas spanning five states. The projects would benefit Bihar, Chhattisgarh, Jharkhand, Madhya Pradesh, Andhra Pradesh, Uttar Pradesh, Maharashtra and Odisha
Cairn India seeks extension of contract for Barmer block
Cairn India, which plans to invest $3 billion over three years to improve reserves and increase production, primarily in Rajasthan, wants government to extend contract on Barmer oil block by 10 years. The company would invest this amount after considering the remaining economic life of the field. Therefore, the firm seeks extension of the contract perio