Reliance Power and Shell are discussing a plan to form a joint venture to set up first east-coast LNG terminal in India. According to industry sources, the proposed new terminal is expected to involve an investment of Rs 3,000 crore.
Tag: Gujarat
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GVFL to float Rs 1,000-cr fund
Aimed at strengthening the trade ties with China, Gujarat Venture Finance (GVFL) plans to launch a Rs 1,000-crore green energy fund to attract Chinese companies. According to GVFL, the fund is specific to Chinese companies interested in setting up plants for equipment
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Mundra to handle 100 mt cargo
Mundra Port and Special Economic Zone expects to handle 100 million tonne of cargo through its operations in Gujarat in the next financial year starting April 2012.
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Rural roads: Country roads, take me home
A new opportunity knocks on the doors of private developers, especially those in the second-tier or contractors aspiring to be developers. Rural roads are all set to offer large opportunities this year as the government steps on the accelerator to see projects through,
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Non-major ports key despite growth rate dip
Non-major ports handled over one-third of the country's total maritime freight traffic during 2010-11.However, there was a sharp decline in the groÂwth rate during the year, compared to the previous year.The growth in cargo handled by non-major ports in 2010-11 was at 8.8 percent, against a record 35.7 percent increase in 2009-10 over the previous year.
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Infrascape 2012 | Urban Infra: Needed A reformed JNNURM
Implementation of reforms still lacks pace under the scheme. Inflation and reduction in induÂstrial output have deceÂlerated infrastructure reforms. Only about 70 per cent of projects have been allotted against the target.
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MICT handles largest ship to call Indian port
The Mundra International Container Terminal (MICT) operated by DP World, witnessed the berthing of the largest ever container vessel to call any port in India.
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GSPC in talks with GIC
Gujarat State Petroleum Corp (GSPC) is in talks with the Government of Singapore Investment Corporation (GIC), for raising funds, a top company official said.
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India to bid for shale gas exploration
In order to meet the growing energy needs, India will lauÂnch its maiden bid round for exploration of shale gas during the 12th Plan period (2012-17). As per the available data, six basins - Cambay (in Gujarat), Assam-Arakan (in the North-East)
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RInfra commissions transmission line in Gujarat
Reliance Infrastructure has commissioned a new 400-kV transmission line in Gujarat, making this the company's fifth functional line.