In order to handle more quantity of cargoes like coal, copper concentrates, rock phosphate, the VO Chidambaranar Port at Tuticorin decided to set up four cargo berths. S Natarajan, Chairman of the port said construction of the north cargo berth (NCB)-II is in progress and it would be c
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Tuticorin port setting up 4 berths
In order to handle more quantity of cargoes like coal, copper concentrates, rock phosphate, the VO Chidambaranar Port at Tuticorin decided to set up four cargo berths. S Natarajan, Chairman of the port said construction of the north cargo berth (NCB)-II is in progress and it would be c
IIFC calls for popularising tax-free bonds
Harsh Kumar Bhanwala, Executive Director, India Infrastructure Finance Corporation (IIFC) stressed on the need to create awareness on tax-free bonds to facilitate growth in the infrastructure sector. He also said that IIFC, which has an outstanding credit of Rs 25,000 crore, plans to go for second round of fund raising in March
IIFC calls for popularising tax-free bonds
Harsh Kumar Bhanwala, Executive Director, India Infrastructure Finance Corporation (IIFC) stressed on the need to create awareness on tax-free bonds to facilitate growth in the infrastructure sector. He also said that IIFC, which has an outstanding credit of Rs 25,000 crore, plans to go for second round of fund raising in March
Tata Steel expects phase I of Kalinganagar project in 2014
Anand Sen, Vice President, Tata Steel informed reporters that the Kalinganagar integrated greenfield steel plant would begin production in the second half of 2014. The 6 million tonne plant is being constructed in two phases of 3 mn t each, The first phase includes a 3 million tonne steel capacity unit and the common facili
AGL to set up mother station for CNG
Reports suggest that AGL (Awantika Gas), which is a distributor of gas in Ujjain, would set up a mother station for compressed natural gas (CNG) on the land to be handed over by the state government. It is learnt that the firm would complete the project in a few months after it receives possession of the land, which was handed over to the Industries department
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AGL to set up mother station for CNG
Reports suggest that AGL (Awantika Gas), which is a distributor of gas in Ujjain, would set up a mother station for compressed natural gas (CNG) on the land to be handed over by the state government. It is learnt that the firm would complete the project in a few months after it receives possession of the land, which was handed over to the Industries department
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JNPT Chief: may invite tenders for terminal project soon
L Radhakrishnan, Chairman of the Jawaharlal Nehru Port Trust (JNPT) informed that the port authority would float new tender for the rebidding of its Rs 8,000 crore fourth terminal project next month. He said the project, which is now bifurcated into two, will increase the portÂ’s capacity by over 5.2 million stan
JNPT Chief: may invite tenders for terminal project soon
L Radhakrishnan, Chairman of the Jawaharlal Nehru Port Trust (JNPT) informed that the port authority would float new tender for the rebidding of its Rs 8,000 crore fourth terminal project next month. He said the project, which is now bifurcated into two, will increase the portÂ’s capacity by over 5.2 million stan
GAIL India’s pipeline project faces hurdle
State-run natural gas transmission firm GAIL India is in the process of laying 42 km underground gas pipeline in Tirupur district of Tamil Nadu. However, the project faces roadblock as farmers in the area oppose the work on grounds that they may lose their livelihood.