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Dighi port is the final node of DMIC

Dighi port is the final node of DMIC

As a result of the capacity constraints being faced by the major ports, cargo is diverted to the private ports due to locational advantages, high operating efficiency, superior cargo handling equipment and investment in large capacity creation.

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Container terminal industry has been slow on automation

Container terminal industry has been slow on automation

We have recently signed a Letter of Intent (LoI) with India´s largest Container Terminal Jawaharlal Nehru Port Trust. This announcement was made at a formal event presided by Mr Nitin Gadkari, Union Minister of Road Transport, Highways and Shipping in the presence of Mr Anil Desai, Member of Rajya Sabha in Mumbai.

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Signing of MoU between IIFCL and PFS

Signing of MoU between IIFCL and PFS

India Infrastructure Finance Company Ltd. (IIFCL) and PTC India Financial Services Ltd (PFS) signed a Memorandum of Understanding (MOU) at IIFCL New Delhi, expressing the intent of both parties to strengthen cooperation in co-financing or consortium financing of various infrastructure projects through working together by joint pooling of respective complimentary resources.

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No headway in pipeline project

No headway in pipeline project

The ambitious Rs.10,000 cr gas pipeline project to Kashmir is caught in bureaucratic wrangles for the past three years as a proposed MoU between the state government and GSPL India Gasnet Limited (GIGL) Gujarat- the executing agency for the plan- is yet to be signed.

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LNG terminal on the back burner

LNG terminal on the back burner

Two years after Oil and Natural Gas Corporation (ONGC), with its consortium partners Bharat Petroleum Corporation Limited (BPCL) and Japanese conglomerate Mitsui, signed a memorandum of understanding (MoU) to set up a regasification liquefied natural gas (LNG) terminal at New Mangalore Port, the project is again on the back burner.

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Logistic park along Lucknow-Agra E-way

Logistic park along Lucknow-Agra E-way

An MoU between the UP government and Container Corporation of India (Concor) of the railway ministry is to be signed soon to develop a Rs 4,500-crore logistic park along the country´s longest Agra-Lucknow Expressway.