To conduct a detailed feasibility study on a high-speed train between Mumbai and Ahmedabad, India and Japan will soon sign an agreement. The study is to take 18 months to complete.
Tag: India
Post
Post
Delhi and Birmingham airports sign MOU to strengthen links between the two cities
Following the recent launch of direct flights between Delhi International Airport (India) and Birmingham Airport (UK), the two airports have signed a Memorandum of Understanding (MOU) to formalize a working relationship and commit to developing links between the two cities even further.
Post
Govt invites bids for solar plants
India has called bids for solar plants. To build 750 megawatts of solar plants, India is offering Rs 18.75 billion ($303 million) grants, say media reports. The bids are due by November 29, State-run Solar Energy Corp. of India said on its website.
Post
Russia plans to make commercial aircraft in India
In a move to slash cost of aircraft production India and Russia are planning production of two types of commercial aircraft in India. The move is expected to cut down the cost of aircraft production by 40 per cent, say media reports. Both the countries eye possible production of Russia's Superjet 100 regional airliner and a future Irkut MS-21 jetliner on the territory of India.
Post
Cluster concept suggested to Indian shipbuilding
For the benefit of shipbuilding and repair sector in India, formation of a cluster concept has been suggested. The suggestion has been made by the Parliamentary Standing Committee on Transport.
Post
Infra trust fund on its way
Under the finance ministry's new announcement, the revenues of a project will be transferred to the trust, which will then issue units to investors. Shilpi Aggarwal says the government is seeking innovative financing solutions for infrastructure.
Post
IIFCL to get $700 mn ADB infra loan
To fund India's infrastructural projects, the Manila-based Asian Development Bank (ADB) will give $ 700 million to the India Infrastructure Finance Company IIFCL) in the next one-and-a-half years. Of the $700 billion, $400 billion would be given to IIFCL by early 2014 and the remaining by early 2015.
Post
Portman joins UK firm Nectar Group
Portman India has collaborated with
UK-based Nectar Group and entered into 50:50 joint venture (JV) contract with it for professional services in design, development and operations of ports and terminals in India.
Post
India to build its 1st oil storage facility soon
To insulate itself from oil supply disruptions, India will build its first strategic oil storage facility by January,
Union Oil Minister M Veerappa Moily has said on September 28. India, which is 79 per cent dependent on imports to meet its crude oil needs, is building underground storages at Visakhapatnam in Andhra Pradesh and Mangalore and Padur in Karnataka to store about 5.33 million tonne of crude oil, the Minister said.
Post
Ten more Indian airports to adopt SITA services
The Airports Authority of India (AAI) has chosen world's leading specialist in air transport communications and information technology SITAÂ’s next generation airport management system to transform operations at ten airports across India. The system enhances the passenger journey for 42 million passengers.