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IL&FS infra fund

IL&FS infra fund

A new infrastructure fund would be launched jointly by Standard Chartered Private Equity and IL&FS Investment Managers with a corpus of around $600 million. This is the second fund being launched jointly by both the firms

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Vizhinjam project master plan

Vizhinjam project master plan

The master plan and detailed project report (DPR) for the proposed Vizhinjam container terminal and international port project in Kerala was released by the state Chief Minister Oommen Chandy.

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Tripura CM discusses need to expedite infra projects

Tripura CM discusses need to expedite infra projects

During a meeting with Planning Commission Deputy Chairman Montek Singh Ahluwalia, Tripura Chief Minister Manik Sarkar discussed the need to expedite critical infrastructure projects in the state. Sarkar informed Singh that some of the critical infrastructure projects likely to be implemented by the central government in the state are behind schedule. The chief minister met the Planning Commission chief to decide the annual plan outlay for state, which was

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JNPT to award Rs 82 bn terminal project as single contract

JNPT to award Rs 82 bn terminal project as single contract

Unconfirmed reports indicate that the board of trustees of Jawaharlal Nehru Port Trust (JNPT) decided to award the Rs 8,200-crore fourth container terminal project as a single contract instead of the earlier proposal to split it into two. The board of trustees decided this at a recent meeting. It also decided to issue a tender for the much delayed project in the next few

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Mechanisation to raise capacity at Vizag port

Mechanisation to raise capacity at Vizag port

The mechanisation of cargo handling facilities in the Visakhapatnam Port Trust (VPT) would increase the cargo handling capacity of the port by additional 50 million tonne per annum, Ajeya Kallam, Chairman of the port informed reporters. The port recently commissioned the Rs 444.1 crore mechanised coal handling facility of Vedanta Resources at VPT. Following this, the outer harbour would be totally clean and prevent vehicular movement which spreads coal parti