At its board meeting in May, state-run miner NMDC is expected to take a final decision on partnering with either Steel Authority of India (SAIL) or Rashtriya Ispat Nigam (RINL) for its proposed steel project. It may be recalled that SAIL and RINL evinced interest to partner with NMDC on its proposed Rs 15,525-crore steel project at Nagarnar in Chhattisgarh
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Govt lays 12,650 km gas pipeline
The Minister of Petroleum & Natural Gas M Veerappa Moily informed the Lok Sabha recently that for transporting natural gas across the length and breadth of the country, a cross-country pipeline network is being laid throughout the country. Presently, there are around 11,500 km of natural gas pipelines across the country and another 12,650 km of pipeline infrastructure is under various stages of imple
NMDC gets response from buyers for steel project
Media reports indicate that public sector iron ore miner NMDC received encouraging response from steel firms for the expression of interest (EOI) floated by it to sell 50 percent stake in an upcoming project. The company is setting up a 3 million tonne per annum (mn tpa) steel plant at Nagarnar in Chhattisgarh with an investment of Rs 16,000 crore. Work on the proj
Kochi port to implement Rs 8 bn wharf project
Kochi port, which is taking steps to implement a
Rs 800 crore wharf project at old Matttanchery, asked the state-owned KITCO to carry out a feasibility study for this purpose. The study would be completed in two months time. The proposed wharf would have 400 meter waterfront with 20 acre of back-up
Ennore Port to award terminal project soon
MA Bhaskarachar, CMD of Ennore Port informed that the port authority may award contract for its proposed container terminal project soon. The project has been divided into three phases and the first phase is expected to cost 1,400 crore. Recently, the port received 11 expressions of interest (EoI) from private port companies for the proje
NMDC seeks equity partner for 3 mn t steel project
Public sector iron ore miner NMDC, which plans to set up a 3 million tonne (mn t) steel plant at Nagarnar in Chhattisgarh, is looking out for an equity partner for the project. The project reportedly faces delay because NMDC whose core competency lies in iron ore mining could not proceed owing to unavailability of a steel maker as a part
NMDC seeks equity partner for 3 mn t steel project
Public sector iron ore miner NMDC, which plans to set up a 3 million tonne (mn t) steel plant at Nagarnar in Chhattisgarh, is looking out for an equity partner for the project. The project reportedly faces delay because NMDC whose core competency lies in iron ore mining could not proceed owing to unavailability of a steel maker as a part
KPT fails to attract EoI for terminal project
Even after extending the deadline for bidding, the Kandla Port Trust (KPT) has not received any response from private players for its proposed development of marine liquid terminal facilities. The port authority plans to engage a private party to set up the facilities consisting of single point mooring (SPM) and two product
KPT fails to attract EoI for terminal project
Even after extending the deadline for bidding, the Kandla Port Trust (KPT) has not received any response from private players for its proposed development of marine liquid terminal facilities. The port authority plans to engage a private party to set up the facilities consisting of single point mooring (SPM) and two product
EPL gets response from leading firms for container project
Domestic and global firms have reportedly shown interest in the container terminal expansion project of the Ennore Port (EPL) in response to the the portÂ’s Expression of Interest (EoI) issued recently. The project received interest from 11 companies including multinationals such as Port of Singapore Authority, DP World and APM Terminals, local firms like Lars