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.
Tag: Infrastructure Today
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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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Fin Min gives nod to $7.2 bn RIL-BP deal
The $7.2 billion deal betwÂeÂen Reliance Industries and Britain's BP Plc, of which India's largest gas field KG-D6 is one, received approval from the Finance Ministry.
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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 airÂport in Navi Mumbai.
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Tunnels to cut Jammu-Srinagar travel time by 5 hr
High speed travel from Jammu to Srinagar by road, even during harsh winter or at the height of monsoon, is possible due to building of two twin tunnels on the NH-1A.
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SSTL inks deal with Ericsson for four circles
Telecom operator Sistema Shyam Teleservices (SSTL), which offers services under MTS brand, has signed a three-year managed services deal with networking gear maker Ericsson for four circles.
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$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 finanÂceable, execution delays can render proÂjects unprofitable.
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The Eighth Commandment
When our November 2010 issue was under construction, the Mining Bill was not exactly the talk of Infrastructure Town, but as we discovered, the divide between the Bill's provisions and industry demands was so sharp that the Bill was in peril of falling into that deep chasm and disappear forever.
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Vinay Mittal Takes Over as Chairman, Railway Board
Vinay Mittal has taken over as the new Chairman, Railway Board and ex-officio Principal Secretary to the Government of India, Ministry of Railways.
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Only long-term investors are interested in infra stocks
M Narendra, Chairman and Managing Director, Indian Overseas Bank, shares with Shashidhar Nanjundaiah the bank's experience in corporate lending and its plans to attract quality borrowing, and explains why infrastructure stocks have not performed to expectations.