Reliance Infrastructure (R-Infra) is planning to buy out licences to build road projects from companies which had bagged these through the bidding route but are then unable to proceed.
Tag: Update
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6,201 MW hydro capacity
A hydro capacity of 4,710 MW has been commissioned so far, as against the mid-term review target of 8,237 MW for the 11th Plan.
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Rs 1.25 lakh cr needed to complete railway works
The ongoing railway projects across India would require Rs 1.25 lakh crore for completion.
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Gammon Infra to start MbPT terminal by 2012-end
Gammon Infrastructure Projects (GIPL) hopes to commission its offshore container terminal port project at the Mumbai Port Trust (MbPT) by the end of next year, according to the company.
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SPM at New Mangalore Port
Mangalore Refinery and Petrochemicals (MRPL) hopes to start the single point mooring (SPM) system within the New Mangalore Port (NMP) limits by May 2012.
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The L-Factor
It is as though news of the slow growth of 7.7 per cent-the slowest in six quarters-as reported for the quarter ending June, as against a healthy 8.8 per cent in the same period last year, was anticipated with resignation.
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Negative VGF: A new angle in confidence?
Roads Minister CP Joshi recently remarked that the success of NVGF bids reaffirms the confidence of developers in the efforts taken by the government in the highways sector, and that investors see prospects in the road sector.
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Gopalpur Port project
Gopalpur Port Project Phase-II of Gopalpur Port Co (GPL) is underway. The project was announced in December 1996.
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JNPT terminal expansion plan in troubled waters
The Rs 8,000-crore container terminal expansion plan of the Jawaharlal Nehru Port Trust (JNPT), which is aimed at doubling its capacity, has run into trouble as the port's board raised doubts about the consortium that won the bid to undertake the country's largest terminal project.
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KSIDC, Gail to develop gas infra
The Kerala State Industrial Development Corporation (KSIDC) inked a pact with GAIL Gas for setting up gas-based infrastructure projects worth Rs 1,000 crore in the state.