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PNGRB clears GSPL grid proj

PNGRB clears GSPL grid proj

Gujarat State Petronet (GSPL) received authorisation from the gas regulator Petrol­eum and Natural Gas Regulatory Board (PNGRB) to lay 4,000 km long pipelines on thr­ee routes at an investment of Rs 12,500 crore.

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Punj Lloyd bags Rs 3.3 bn order

Punj Lloyd bags Rs 3.3 bn order

Punj Lloyd Group won an order worth Rs 330 crore for process facilities and utilities at an upcoming crude oil storage cavern in Mangalore, Karnataka.

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DGH to be more transparent

DGH to be more transparent

The Oil Ministry has decided to implement recommendations of an expert panel in the Directorate General of Hydrocarbon (DGH) and make the Directorate's functioning more transparent.

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Elevated rail corridor

Elevated rail corridor

The Maharashtra government has asked the Railways to formulate a plan for an elevated corridor on the Harbour line, connecting south Mumbai to the upcoming international air­port in Navi Mumbai.

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$40-50 bn PE is needed in five years

$40-50 bn PE is needed in five years

M K Sinha, President and CEO, IDFC Project Equity Company, explains why private equity will rally through a period of concern about infrastructure. Although the projects are finan­ceable, execution delays can render pro­jects unprofitable.