South Africa’s new policy on coal and coal mining will call for value addition from players, and companies that will set up coal beneficiation facilities or power plants will have better chances of securing coal.
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Fin min considering options for infra debt fund
The Union Finance Ministry is considering various options to create infrastructure debt funds as India plans to spend over $1.5 trillion in next 10 years to revamp its crumbling infrastructure.
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Fin min considering options for infra debt fund
The Union Finance Ministry is considering various options to create infrastructure debt funds as India plans to spend over $1.5 trillion in next 10 years to revamp its crumbling infrastructure.
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India invites Australia to invest in infra
The Union Minister of Commerce and Industry, Anand Sharma, invited Australia to invest in India’s infrastructure sector aiming to strengthen economic and trade relations between the two.
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IFC pledges $300 million for India's green energy
International Finance Corporation has pledged $300 million for the development of renewable energy projects in India with a mix of equity and debt over the next three years.
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Delhi Metro phase-III runs into funding issues
The third phase of the Delhi Metro network is apparently getting embroiled in controversy regarding its funding.
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Punj Lloyd bags three O&G orders
Punj Lloyd has bagged three oil and gas orders, aggregating Rs 645 crore in India, Oman and Indonesia. Occidental’s Rs 323 crore entails construction of a water treatment plant in Oman.
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Valecha Engineering bags hydro project contract
Valecha Engineering has bagged a Rs 55 crore hydro electric project in Kerala.
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L&T, Alstom bag chennai metro project
A joint venture of L&T and Alstom has bagged the Rs 449.22 crore contract for design and construction of track works from Chennai Metro Rail.
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All rly PPP projects on standby
The Indian Railways have put on hold all PPP projects including the proposed EMU/coach factory at Kanchrapara, diesel locomotive factory at Marhora and electric locomotive plant at Madhepura on assured purchase orders basis.