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IBM official suggests eco-friendly technologies in mining

IBM official suggests eco-friendly technologies in mining

CS Gundewar, Controller General, Indian Bureau of Mines stressed on the need for more scientific and environment conscious mining by using eco-friendly technologies. He said this while delivering a lecture at the National technology Day programme organsied by the National Environmental Engineering Research Institute (Neeri

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APGDC, KSPL sign pact for Rs 50 bn LNG terminal project

APGDC, KSPL sign pact for Rs 50 bn LNG terminal project

The Andhra Pradesh Gas Distribution Corporation (APGDC) and the Kakinada Seaport (KSPL) signed a memorandum of understanding (MoU) for the proposed Rs 5,000 crore LNG terminal project. APGDC is a joint venture between GAIL Gas and Andhra Pradesh Gas Infrastructure Corporation (APGIC). The proposed floating, storage and re-gasification unit (FSR

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IAML signs pact with 8 banks on acquiring infra loans

IAML signs pact with 8 banks on acquiring infra loans

IL&FS Infra Asset Management (IAML), an Asset Management Company (AMC) signed a Memorandum of Understanding (MoU) with eight Public Sector Banks (PSBs) for acquisition of infrastructure loans. IAML was promoted by IL&FS Financial Services (IFIN) to manage the IL&FS Infrastructure Debt Fund (IIDF

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Odisha govt to renew MoUs with 7 IPPs

Odisha govt to renew MoUs with 7 IPPs

Within the next two months, Odisha government may renew the memoranda of understanding (MoU) signed with seven independent power projects (IPPs) earlier. The state government decided to renew these agreements as they expired recently. Specifically, the state government may renew MoUs with GMR Kamalanga Energy, Jindal India Thermal Power (JITPL), Mon

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India, UAE tie-up on air services

India, UAE tie-up on air services

Following a two-day bilateral negotiation at Abu Dhabi on April 24 India and United Arab Emirates (UAE) signed an MoU on air services. The UAE had urged India to allocate additional 40,000 seats per week, grant Goa, Pune, Amritsar and Lucknow as additional points of calls, remove the maximum cap prescribed from each point of call in-term of seats/ frequency per week and allow 3rd country /domestic code share facility.

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Chennai port to adopt RFD to gauge performance

Chennai port to adopt RFD to gauge performance

Chennai Port Trust (ChPT) decided to adopt Results Framework Document (RFD) in order to measure its operational performance instead of the current Memorandum of Understanding (MoU). The port would prepare a plan of action in 2013-14 based on the RFD for generating traffic based on clean cargo. The port would segregate capacity addition into three

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CSL agrees to repair vessels of UTL

CSL agrees to repair vessels of UTL

According to a Memorandum Of Understanding (MoU) signed by Union Territory of Lakshadweep (UTL) with Cochin Shipyard (CSL) the latter would repair the vessels of the former on a regular basis. LDCL will submit a tentative schedule for repairs of all their ships by November every year to CSL indicating the approximate schedule and repair duration of ships in the ensui

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RDCIS completes 5 MoUs in 2012-13

RDCIS completes 5 MoUs in 2012-13

According to a statement from the Research & Development Centre for Iron & Steel (RDCIS), the centre completed five memorandum of understandings (MoU) projects and 54 planned R&D projects during the 2012-13. These projects and the MoU would result in a financial benefit of Rs 570 crore, the corporate unit of the SAIL said in the statement

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Centre signs 3 MoUs with state govts for rail projects

Centre signs 3 MoUs with state govts for rail projects

During the last three years and current year, three Memorandum of Understandings (MoUs) have been signed for construction of new railway lines with State Governments of Chhattisgarh, Jharkhand and Rajasthan. This information was given by the Minister of State for Railways Adhir Ranjan Chowdhury in written reply to a question in Lok Sabha

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GAIL aims transmission of 110 mmscmd of gas in FY14

GAIL aims transmission of 110 mmscmd of gas in FY14

According to a company statement, state-owned gas utility GAIL India agreed to aim transmission of 110 million standard cubic meter per day of natural gas through its pipeline network in 2013-14. The company aims to sell 84.05 mmscmd of gas during the year, according to the performance memorandum of understanding (MoU) signed by the company with the government