In a press release, the Great Eastern Shipping Company has informed the BSE that the Company has placed an order for building three new Kamsarmax dry bulk carriers with Jiangsu Yangzijiang Shipbuilding Group, China. The 3 vessels are expected to join the Company's fleet in 2Q and 3Q of CY 16.
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HSR Needs Fast Tracking
RECPDCL Handovers Ratle Kiru Power Transmission Limited, a SPV of Transmission Project, to IndiGrid 2 Private Limited
RECPDCL Handovers 3 Nos. SPVs of transmission projects viz. Banaskantha Transco Limited, Kurnool-IV Transmission Limited & Rajasthan V Power Transmission Limited to Power Grid Corporation of India Limited
Showcasing India’s Supply Chain Revolution
Highlighting the Future of Smart, Sustainable Infra
Driving Sustainability Through Innovation
REC Signs ₹18,360 Cr MoU with Govt. of Kerala for Pump Storage Projects
IIFCL Launches its Gender Equality and Social Inclusion (GESI) Cell on the occasion of International Women’s Day 2025.
IIFCL and CBI Sign Expression of Interest to promote Sustainable Infrastructure Financing in India
CCI India presents 1st edition of CEO Round Table Conference on Agriculture
Jayesh Ranjan & Cement Expo Forum Leaders converge in Hyderabad
Fluence Launches Advanced Smartstack Platform for New Energy Storage Era
NBCC inks MoU with NIT Kurukshetra valuing Rs. 300 Crore
REC Foundation Commits ₹6 Crore to Sankara Eye Hospital for Cataract Surgeries Benefiting 8,000 EWS Patients
Integrated Exhibition Cum Convention Centre (IECC), better known as Bharat Mandapam, achieves prestigious GRIHA 4-Star Rating
REC Limited Signs Agreement with CVPPL, to provide ₹2147.508 Crore Term Loan to Develop 1000MW Pakal Dul Hydro Electric Project
NBCC Reports Robust 40% Surge in Net Profit
The time to invest in India’s energy sector is now, says PM Modi
India’s Oil Minister Urges Energy Justice to Ensure Equitable Global Energy Transition
Tag: order
L&T Shipbuilding bags Qatar firm order for Rs 943 cr
Larsen & Toubro's subsidiary, L&T Shipbuilding on December 12 said it has received a repeat order for six specialised commercial vessels valued at USD154 million (INR943 crore), from a Qatar-based firm.
Govt issues GO facilitating mercantile marine activity
The Union Ministry of Shipping has issued an order to facilitate trade using inland waterways and mercantile marine activity along coasts. The Directorate General of Shipping (DGS) has issued an order declaring waters inward of the baseline, as per the notification under Maritime Zone Act, as 'Inland Waters'.
MSRDC withdraws toll rebate to Thane locals
In Thane area, the order on rebate on toll given to local residents by the Maharashtra State Road Development Corporation (MSRDC) is said to have overturned. The order had granted toll concessions to people living near toll booths. The MSRDC officials were under pressure from toll contractors, it is said. The reversal, which happened within a few weeks after an executive engineer issued the order on rebate, is a blatant violation of a government resolution (GR) issued in 2009 granting the toll c
GAIL studies impact of tariff order
GAIL India is studying the impact of the recent tariff order by the Petroleum and Natural Gas Regulatory Board (PNGRB) on its financial position. Some reports indicate that the May 10 order of PNGRB may cause Rs 500 crore loss for the company. In its order, the downstream regulator retrospectively reduced the tariff charged by GAIL for its Krishna Goda
House panel asks SCI to review fleet plan
The Parliamentary Standing Committee on Transport, Tourism and Culture asked the state-run Shipping Corporation of India (SCI) to review its fleet acquisition orders already placed. SCI decided to acquire 62 vessels based on the resources available for such a huge procurement rather than based on need, the committee said. The committee feels that SCI's fleet acquisition order may lead the firm into financial trouble like Air India. While the company intended to buy 62 vessels during the
HSL may get contracts worth Rs 250 bn
Hindusthan Shipyard (HSL), which has been suffering from lack of orders, may get contracts worth Rs 25,000 crore from the central government, Union Minister of State for Defence Jitendra Singh informed. The state-run shipbuilding firm may get the contracts for building war ships, the minister said. Earlier, T Subbarami Reddy, a member of the Rajya Sab
Haryana govt may explore legal option against CEA order
The order of the Central Electricity Regulatory Commission (CERC) allowing Adani Power to charge "compensatory" tariffs for electricity from its Mundra plant has not gone down well with Haryana government. The state government plans to take legal action against the CERC order as it feels that the order violates the p
Kolkata Port extends deadline for application
Kolkata Port Trust extended the deadline for filing applications for the proposed Rs 1,500-crore 1.2-million-TEU container terminal at Diamond Harbour till February 28. This is the second time that the port trust is extending the deadline after the tender was floated in Oct
Consultant suggests to accept bid for Rs 37 bn terminal project
According to media reports, the consultant for the Rs 3,700-crore mega container terminal project in Chennai Port (ChPT) advised the port to accept the revenue share offered by Essar Ports. Essar Ports, which was the lone bidder for the project, offered 5.25 percent revenue share, which the port considers to
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