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Tata Power takes over power distribution in western and southern Odisha
Web Exclusive
  Jan 08, 2021

Tata Power takes over power distribution in western and southern Odisha

The country’s largest integrated power utility, Tata Power on Thursday announced the takeover of the management and operations of Odisha-based power distribution utilities WESCO and SOUTHCO upon completion of the sale process.

PM dedicates Rewari-Madar section of Western Dedicated Freight Corridor to the nation
Web Exclusive
  Jan 07, 2021

PM dedicates Rewari-Madar section of Western Dedicated Freight Corridor to the nation

Prime Minister Narendra Modi dedicated to the nation the 306 km long Rewari-Madar section of the Western Dedicated Freight Corridor (WDFC) on Thursday through video conference. He also flagged off the double-stack long haul container train on this route.

NALCO to undertake Rs 300 billion expansion by fiscal 2027-28: Pralhad Joshi
Web Exclusive
  Jan 07, 2021

NALCO to undertake Rs 300 billion expansion by fiscal 2027-28: Pralhad Joshi

Union Minister for Coal & Mines, Pralhad Joshi has said that the National Aluminium Company Ltd (NALCO) will invest around Rs. 300 billion crores by the financial year 2027-28 on expansion and diversification.

L&T Hydrocarbon Engineering wins large Mumbai High contract
Web Exclusive
  Jan 07, 2021

L&T Hydrocarbon Engineering wins large Mumbai High contract

L&T Hydrocarbon Engineering (LTHE), a wholly-owned subsidiary of engineering, procurement and construction (EPC) projects to defence multinational, Larsen & Toubro, has secured a contract from Oil & Natural Gas Corporation (ONGC) for their new living quarter (LQ) & Revamp at NQ Complex (NLRNC- RT2) project at Mumbai High.

NMDC-MECL ink agreement for pan-India mineral exploration
Web Exclusive
  Dec 22, 2020

NMDC-MECL ink agreement for pan-India mineral exploration

The country’s largest iron ore producing company, the National Mineral Development Corp. (NMDC) Ltd signed a memorandum of understanding (MoU) with the Mineral Exploration Corp. Ltd (MECL) to collaborate and conduct exploration in mutually agreed projects for iron ore, gold, coal, diamond and other minerals across various states.

Amid new Covid-19 strain scare, India suspends all flights to and from UK
Web Exclusive
  Dec 22, 2020

Amid new Covid-19 strain scare, India suspends all flights to and from UK

Minister of State for Civil Aviation (Independent Charge) Civil Aviation, Hardeep Singh Puri has informed that all flights originating from the UK into India stand temporarily suspended from December 22 to-31.

Flight ops commence on Belgaum-Surat-Kishangarh route under RCS-UDAN
Web Exclusive
  Dec 22, 2020

Flight ops commence on Belgaum-Surat-Kishangarh route under RCS-UDAN

The first flight operations from Belgaum in Karnataka to Surat in Gujarat to Kishangarh in Rajasthan were flagged-off today under the Regional Connectivity Scheme-Ude Desh Ka Aam Nagrik (RCS-UDAN) of the Central Government.

New Dredging Corp. chairman takes charge
Web Exclusive
  Dec 22, 2020

New Dredging Corp. chairman takes charge

K Rama Mohana Rao has taken charge as Director & Chairman of Dredging Corp. of India Ltd (DCIL). This is in addition to his present post of Chairman, Visakhapatnam Port Trust.

Electronic and smartphone manufacturing to contribute $ 1 trillion to economy by 2025
Web Exclusive
  Dec 18, 2020

Electronic and smartphone manufacturing to contribute $ 1 trillion to economy by 2025

The Union Minister of Law and Justice, Electronics and Information Technology and Communications, Ravi Shankar Prasad has said that the future of electronics and smartphone manufacturing in India was vigorous, with the sector alone contributing $1 trillion to the economy by 2025.

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Three Lines Shipping says:
Agree. Developing a domestic transshipment port is a good idea if we talk about seaports, there are several countries and commercial centers around the world that don’t have a seaport and these countries have to use the seaports of other countries in order to import or export their cargo, which will give a competitive advantage.
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Adhering to international best business practices with niche boutique firms could open doors to easily tap financing from institutional investors both debt and equity.
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