In an effort to boost port-led development in the country, Ministry of Shipping is hosting a three-day maritime event in Mumbai between April 14-16. With South Korea as its partner country for this summit, the ministry plans to offer projects worth $19 billion for investment.
Tag: MoU
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USAID, ADB to invest $848 mln in solar parks
The US Agency for International Development (USAID) and the Asian Development Bank (ADB) late March signed a memorandum of understanding (MoU) to provide $848 million of funding for the development of solar parks across India.
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Odisha wants review of MoU with IOCL
Fearing national loss of revenue due to tax concessions given to Paradip refinery of Indian Oil Corporation (IOCL), the Odisha Government has sought review of the MoU with the company.
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Low solar radiation intensity in state hits power output
Tamil Nadu Generation and Distribution Corporation (Tangedco) has so far commissioned projects generating 418.9 MW of solar power after signing MoUs with several companies to generate 1200 MW.
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Our app is actually a Smart City solution
Three years ago, we were trying to solve a problem in south Punjab where there were some issues relating to cancer. Someone wanted to do a survey of cancer patients.
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India and Iran trying to seal Chabahar port deal
India and Iran are trying to iron out irritants and finish a contract for the expansion project of the strategically located Chabahar Port
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Govt nod to MoU with Spain in ports sector
The government has approved a proposal for a pact with Spain in the ports sector.
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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
We have recently signed a Letter of Intent (LoI) with IndiaĆĀ“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
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.