Morgan Stanley Infrastructure (MSI) and Spanish Group Isolux Corsan have decided to jointly invest $200 million each in Indian infrastructure, preferably highways.
Tag: Update
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1st waste-to-energy plant in July
India's first waste-to-energy plant, touted as an answer to the waste and electricity woes of the capital, will start operations from July.
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LOTS Shipping bags India Gateway's turnkey project
India Gateway Terminal (DP World, Kochi) has awarded a turnkey project to LOTS Shipping Ltd, a Kochi-based shipping company.
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Five companies bid for NTPC's Rs 9,000-crore tender
Five firms have bid for NTPC's Rs 9,000-crore tender for supply of nine units of supercritical power equipment including Bharat Heavy Electricals etc.
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Rlys to fast-track security system installation
Indian Railways says it will expedite the installation of security equipment. An integrated security system will strengÂthen the surveillance over sensitive and vulnerable stations.
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Aerotropolis to be ready next year
Bengal Aerotropolis Projects Ltd (BAPL), the company building India's first aerotropolis, is confident of commencing operations by July 2012.
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KoPT limits extension may hit financial closure
After the Orissa government and Dhamra Port Company Ltd (DPCL), which had gone out on the offensive agaiÂnst Kolkata Port Trust (KoPT) for unilateral extension of the port limits.
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Govt clears Kandla bulk terminal
The Cabinet Committee on Infrastructure cleared the proposal of Kandla Port Trust to develop a separate dry bulk terminal, equipped with top technology and mechanisation, at an estimated cost of Rs 1,060 crore on a build-operate-transfer (BOT) basis.
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Gas pipeline to boost natgrid
The Petroleum and Natural Gas Regulatory Board (PNGRB) today granted authoÂrisation to the State Government-controlled Gujarat State Petronet Ltd-led consortium for constructing the Mallavaram (Andhra Pradesh)-Vijaipur (Madhra Pradesh).
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PSU oil cos seek Rs 300 bn for losses
Public sector oil marketing companies have sought Rs 30,000 crore from the government as compensation to level up the revenue loss they suffered last fiscal by selling fuel at government-fixed cheaper rates.