The US has initiated work on developing smart grid to optimise energy consumption and reduce its dependence on conventional fuels.
Tag: US
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Kavveri Telecom buys US firm
The Bangalore-based telecom products manufacturer Kavveri Telecom has acquired the US-based WPCS International’s wireless communications division, which makes solutions used by police officers, firemen and other emergency services.
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AAI to install advanced system in all airports
In order to enable better management of air traffic, AirÂports Authority of India (AAI) will install satellite-based navigaÂtion system in all airports in the country by June 2013.
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Arshiya Rail, GATX India in pact
Arshiya Rail Infrastructure Ltd (ARIL) will acquire 10 rail rakes on lease from the US-based company GATX Corp. ARIL signed an agreement with
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US infra mission coming to India
The US Commerce Secretary, John Bryson, has said that he would lead an infrastructure focused trade mission to India this month.Bryson would be travelling to New Delhi, Jaipur and Mumbai, during which the US mission would seem a greater American pie to the estimated $1 trillion investment that India is seeking in the infrastructure sector.
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US raps Indias telecom security policy
The US has criticised India’s tough stand in its draft telecom security policy and demanded a review of the clauses that can hurt businesses of American companies. It has objected to a provision in the upcoming security framework that at least 50 per cent of all ‘core telecom network equipment’ be indigenously developed or manufactured.
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Shale gas exploration bids by Dec 2013
Oil Minister S Jaipal Reddy said that India will launch its first-ever bid round for exploration of shale gas by December 2013. Six basins, namely Cambay, Assam-Arakan, Gondawana,KG onshore, Cauvery onshore and Indo Gangetic basins, have been identified that may have shale gas potential.
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US cos concerned with congested Indian ports
For the US companies operating in India the country’s infrastructure and congestion at Indian ports is a matter of concern, US Under Secretary of Commerce for International Trade Francisco J Sanchez said.Sanchez said that he will share the concerns of US companies in India about the port infrastructure.
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Adani, Baltimore ports join hands
Adani Port SEZ (APSEZ) has entered into an agreement with the US based Port of Baltimore for sharing of technology and promotion of trade between Adani’s ports and the US port.The Memorandum of Understanding (MoU) signed between both the ports would benefit Adani group owned ports in terms of technology upgradation or transfer from the US.
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Aviation Infrastructure: Security infra in airports
As airport security took centrestage in aviation after the 9/11 and other forms of terror attacks, Inderjit Singh says a national security infrastructure is now a pre-requisite to growth.Of the Rs 650,000 crore that the Indian government has budgeted in 2011-12 towards transportation, Rs 70,000 crore is budgeted for the development of greenfield airports and upgrade of existing airports and a major portion of it would be from the private sector, financial institutions and Foreign Direct Investment (FDI).