The shipping ministry has set an ambitious target to award 23 projects worth Rs16,750 crore for capacity addition at majors ports in 2011-12.
Tag: Infrastructure Today
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Govt allows FDI FOR GMR
The Cabinet Committee on Economic Affairs has cleared GMR Airports Holdings' proposal to raise further foreign investment of $200 million from Mauritius-based entities.
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Uncertainty looms over Gujarat port projects
Vansi Borsi, a proposed port in Gujarat, will relocate to a new site more than 15 years after it was conceived.
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Kochi Port seeks dredging finance
Kochi Port has sought a grant of Rs 399.50 crore towards the cost of maintenance dredging for the next three years.
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Bids for DFC this year
The Dedicated Railway Freight Corridor (DFC) between Delhi and Mumbai may wake up again soon, as contracts worth Rs 10,000 crore are expected to be awarded.
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WB loan for DFC section
The World Bank has approved about Rs 4,500 crore loan for the 343 km Khurja to Kanpur stretch on the Eastern Dedicated Freight Corridor Project.
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IOC seeks partner for LNG tmnl
Indian Oil Corporation (IOC) will invest around Rs 14,000 crore during the current fiscal and would soon look for a partner for its Rs 10,000 crore LNG terminal project near Chennai.
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HPCL to finalise partners
Hindustan Petroleum Corporation is close to finalising partners for the ambitious Rs 45,000 crore integrated petroleum complex in Andhra Pradesh.
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Govt can proceed with follow-on auction
Union Telecom Minister Kapil Sibal has indicated that the government could proceed further with a follow-on auction of spectrum.
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Face-Off: Learning to learn
The US Department of State has undertaken the “Global Shale Gas Initiative†which represents nearly 20 countries, 10 US federal entities as well as state and local regulators to discuss and advance the importance of shale gas as a lower carbon fuel option.