The Indian Institute of Technology, Madras recommended the Tamil Nadu government to develop the proposed port at Nagapattinam as an ‘all weather, deep water, direct berthing port. The state government would conduct the bidding process for the Rs 380 cr project based on reco
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PM's address at the CII National Conference and Annual General Meeting
I am delighted to be here today to inaugurate the CII annual meeting for 2013. I have always believed that both government and business have to be partners in writing the story of development of this ancient land of ours, and CII has been a greatly valued partner over the past many years.
Regulation and technology will be the key
Once free of TAMP, we are going to see how far that can change the operating practices to make the ports more efficient, says Saibal K De, Director & CEO, IF&FS Maritime Infrastructure Company,
Regulation and technology will be the key
Once free of TAMP, we are going to see how far that can change the operating practices to make the ports more efficient, says Saibal K De, Director & CEO, IF&FS Maritime Infrastructure Company,
Govt plans to offload stake in Oil India in mid January
During the middle of January, government plans to launch the divestment of its 10 per cent stake in Oil India. The government plans to mop up around Rs 2,700 crore by offloading its 10 per cent stake in the firm at the p
Govt asks power firms to sign FSAs within a month
One month deadline has been given to the public sector power companies to sign fuel supply agreements (FSAs) with Coal India (CIL). The deadline has been set up by the Prime MinisterÂ’s Office (PMO) on December 17. The PSUs include NTPC and it they fail to meet the deadline the FSAs would be withdrawn, the PMO has warned.
Sources told a leading news agency that the PMO has asked Power Ministry to direct power PSUs to sign fuel supply agreements (FSAs) with CIL within a month from December 17.
Govt to offload stake in NMDC, OIL, NTPC
Reports suggest that government may offload its 10 percent stake in National Mineral Development Corporation (NMDC) before December 15.The NMDC issue may be followed by Oil India (OIL) and then National Thermal Power Corporation (NTPC), reports suggest. Besides, government also plans to offload some of its st
CPSEs have Rs 2.84 trillion cash
Minister of heavy Industries and Public Enterprises Praful Patel informed Lok Sabha that Central Public Sector Enterprises (CPSEs) have Rs 284,153.22 crore cash and bank balances at present. Further, it is learnt that 17 state-run firms, including, ONGC, OIL and NTPC, committed to invest over Rs 1.63 lakh crore during 2012-13
Discom's turnaround agent
An Engineering and MBA Alumnus of Delhi University, Ramesh Narayanan, the CEO of BSES Yamuna Power Limited (BYPL), comes with 28 years of expeÂrience in the power sector.
NTPC to import 150 mt of coal
NTPC may enter into five- or 10-year contracts for the first time to import up to 150 million tonne (mt) of coal at an estimated cost of around $15 billion.