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: investment
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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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Water business is bound to give great business
Water supply and waste water management are the two major areas where the country has to step up its efforts to provide its citizens with clean drinking water and safe sewage disposal. To achieve this, increased private participation is needed.
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Dredging Infrastructure: Environmental regulations are not the enemy
The dredging industry worldwide is transcending from a compliance-driven approach to a cooperative relationship with sustainability—including environmental and social concerns—for a win-win solution.
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TN PCPIR gets Rs 5,120 cr
The newly approved Petroleum, Chemicals and Petrochemicals Investment Region for Tamil Nadu, set up at Cuddalore and Nagapattinam, has received government support of Rs 5,120 crore.
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Futurespace
It is just as well that the Delhi-Mumbai Industrial Corridor, when completed, will include at least six new cities.
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BSNL plans PE for tower unit auction
Bharat Sanchar Nigam (BSNL) is planning to rope in private equity investors, includÂing telecom companies, to pick up stake in a new company that will be floated by hiving off the state-run telecom major's towers.
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Morgan Stanley-Isolux to invest in Indian roads
Morgan Stanley Infrastructure (MSI) and Spanish Group Isolux Corsan have decided to jointly invest $200 million each in Indian infrastructure, preferably highways.
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Gas pipeline to boost natgrid
The Petroleum and Natural Gas Regulatory Board (PNGRB) today granted authoÂrisation to the State Government-controlled Gujarat State Petronet Ltd-led consortium for constructing the Mallavaram (Andhra Pradesh)-Vijaipur (Madhra Pradesh).
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We have evolved many business policies for private investment
The Railways has been the most sluggish among infrastructure sectors in operationalisating private participation and corporatisation of its activities.