Coal India has decided to rope in private firms to develop underground coal gasification projects and set up at least one 50:50 joint venture to create marketing infrastructure and sell the gas.
Tag: India
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HPCL brings Euro IV to Hyd
Visakha refinery of Hindustan Petroleum Corporation (HPCL) will supply Euro-IV-compliant petrol from April 2010.
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POSCO project gets environ nod with tough conditions
The proposal of POSCO’s steel plant project in Orissa has finally received nod from Environment Minister Jairam Ramesh.
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Worli-Haji Ali sea link delay
The commencement of construction work at the Worli-Haji Ali sea link is slated to begin by the end of February 2011 as against December 25, as expected earlier.
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Bids on solar thermal hybrids
The Central government plans to invite global bids for setting up power plants that would use a mix of solar and fossil fuels by mid-next year.
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$750 mn will help Lanco acquire Australian coal
Lanco Infratech will acquire Australia based Griffin Coal Mining and Carpenter Mine Management (Griffin Coal).
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Nandi Expressway to raise Rs 2,000 cr through IPO
Nandi Infrastructure Corridor Enterprises (NICE) executing the Bangalore and Mysore espressway, plans to raise Rs 2,000 crore through an initial public offer (IPO).
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Green light for high-speed rail
Railway Minister, Mamata Banerjee has finally given a green signal to introduce high-speed passenger trains and the railway ministry will undertake a pre-feasibility study on six different routes across the country.
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Govt to set up Rs 4,000 cr VLCC shipyard
Centre plans to set up a shipyard to produce very large crude carriers (VLCCs) under public-private partnership with an investment of Rs 3,000-4,000 crore, in lieu of Hindustan Shipyard going to the defence ministry.
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Traffic at minor ports in Guj up 14% in Apr-Nov 2010
Minor ports in Gujarat saw a 13.7 per cent growth in cargo handling during April-November 2010 over the corresponding period last year.