The Union government has initiated steps aimed at corporatising IndiaĆĀ“s major ports and has started the process for appointment of a world-class consultant to come out with a draft report for amendments in the relevant act do so.
Tag: financial
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GIS for Smart Cities
A centralised information system based on GIS (Geographical Information System) provides an IT framework which integrates not only every stakeholder but also every aspect of smart city processes - starting from conceptualisation, planning, and development to maintenance.
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GE invests in wind energy projects
GE Energy Financial Services has invested in three wind projects of Atria Power from its $1 billion fund. The three wind farms include two projects in Madhya Pradesh and one in Andhra Pradesh
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Port projects face implementation hurdles
Owing to factors hurdles in land acquisition, environmental and other statutory clearances and financial closure, several projects in major and non-major ports are held up. According to a study conducted by Icra, there are about 30-40 greenfield non-major ports that have high promise and potential but low implementation. These proje
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Essar Oil to invest Rs 350 bn on refinery expansion
At an investment of about Rs 35,000 crore, Essar Oil plans to double the refining capacity of its Vadinar unit in Gujarat to 40 million tonne per annum in the next five years.