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.
Tag: Update
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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.
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DMU factory MOVES TO haldia
The Railways intends to shift the proposed DMU coach factory project from Sankrail in Howrah to Haldia due to opposition by a section of landlosers.
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Haryana plans AN international cargo airport
According to Haryana Chief Minister Bhupinder Singh Hooda, an international cargo airport would be set up in Haryana territory falling in the national capital region (NCR) of New Delhi.
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NHAI, UKTI signs agreement
National Highways Authority of India (NHAI) and the United Kingdom Trade and Investment (UKTI) have entered into an agreement on cooperation for trade and investment in the roads and highways sector in India.