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|  Kochi port to offer special facilities to handle cotton export trade  |    |  Railways to set up INR 200 cr solar power plant in Bhilai  |    |  Cargo traffic in five AP minor ports sinks  |    |  Railways eyes INR 10,000 crore revenue boost via 2 lakh screens at stations  |    |  Port of Virginia container traffic jump 8.9% 232,148 TEU in March  |    |  Asia-Europe rate continues weekly rise, up 1.6% to USD880 TEU  |    |  World Bank approves USD 375 m loan for developing NW-1  |    |  Satellite port will come up at Vijaydurg  |    |  Embraer ties up with Air India to set up MRO in Secunderabad  |    |  Riga quarterly container traffic increases 2.1% to 110,400 TEU  |    |  NDR group in tie-up for ICD  |    |  Konkan Railway to start special trains  |    |  Ashok Leyland plans INR 600 cr capex this fiscal  |    |  TM International Logistics gets nod to acquire special wagons  |    |  Adani Logistics commissions multimodal logistics park in Punjab  |    |  Yogi Adityanath govt. pushes for new airport in NCR  |    |  India steel import falls 36% to 7.4 mt in 2016-17  |    |  Hapag-Lloyd ups rates USD 200 TEU from South America to North America  |    |  South Eastern Railway achieves highest ever freight loading during the financial year 2016-17  |    |  CMA CGM hikes Asia to west coast Latin America rate USD 600 TEU May 15  |   
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Railways to set up INR 200 cr solar power plant in Bhilai
The Indian Railways is looking to set up a solar power plant in Bhilai (Chhattisgarh), where it has spare land, through Railway Energy Management Company Limited (REMCL). The project cost of the 50 MW plant is estimated at INR 200 crore. Of the total cost, 20% will be borne by the Railways, while the remaining 80% will be raised through debt. This means, the Railways will bear INR 40 crore of the construction c ...
State Govt. set to revive 10 Minor Port projects
The Odisha Government is set to renew the concession agreements (CA) as well as expedite the land acquisition process for 10 Minor Ports along its coast. State Commerce Minister Ramesh Majhi said, “As the Orissa High Court has disposed of the case pertaining to the Non-Major Port projects, we have initiated the process of renewal of the concession agreements.” He also said the land acquisition proce ...
UPS to build new USD 200m package facility in Texas
The world's largest package delivery company UPS has unveiled plans to build a new USD 200 million package operations facility in Arlington, Texas, to cater for growth in the Dallas-Fort Worth area. The company said that the facility would span more than 1.1 million square feet on more than 110 acres and is scheduled for completion in 2018. UPS's Red River District president Craig Wiltz said: "The ...
Govt. awards 49 port projects worth INR 8,341 cr in FY17
The government awarded 49 port projects with an investment of INR 8,341 crore in the previous fiscal, which will result in capacity addition of 104 mt. This was against a target of 102 million tonnes per annum (MTPA) capacity augmentation. Shipping, Road Transport and Highways Minister Nitin Gadkari said that “In respect of development of port infrastructure, 49 projects have been awarded with a capacity ...
Balmer Lawrie invests INR 50 cr for building cold chain warehouses
Balmer Lawrie & Company Limited has said it is investing INR 50 crore for the construction of two cold chain warehouses to tap the growing demand for temperature controlled warehousing facilities. Of the INR 50 crore, the PSU would be pumping some INR 33-34 crore from internal accruals as it has sufficient free cash, the company Chairman and Managing Director, Prabal Basu, said. The company is constructing ...
Dilip Buildcon bags 2 road projects worth INR 580.5 cr in Maharashtra
Dilip Buildcon on Monday informed the bourses that it has received two Engineering, Procurement and Construction (EPC) road projects in the state of Maharashtra worth INR 580.5 crore. Dilip Buildcon said that “In accordance with the provisions of the Securities and Exchange Board of India Regulations, 2015, we are pleased to inform that the company has received Letter of Award from the Ministry of Road Transp ...
Reliance Infrastructure bags INR 711 cr project from NHAI
Reliance Infrastructure Limited (RInfra) today announced that it has bagged a INR 711-crore project in Tamil Nadu from the National Highways Authority of India (NHAI). The company said in a statement,“RInfra has received the Letter of Acceptance (LOA) from NHAI for the construction of Vikkaravandi to Sethiyahopu section of National Highway (NH)-45 C in Tamil Nadu after it emerged as the lowest bidder for the ...
MTHL project work gathers pace
The Commissioner of Mumbai Metropolitan Region Development Authority (MMRDA), UPS Madan said that the tenders for the INR 17,843-crore Mumbai Trans-Harbour Link (MTHL) project are expected to be submitted in the next one-and-a-half months and this year final tender would be hopefully awarded to the contractors. The MTHL is one of the most ambitious projects in the Mumbai Metropolitan Region (MMR), that will improve ...
New railway terminal to be set up in Gurugram
Railway minister Suresh Prabhu today announced that a new rail terminal, having world-class facilities, will be set up in Gurugram to reduce the mounting pressure on Delhi. "The work on this project will start soon. Besides, Rohtak railway station will be developed as a model station under public-private-partnership (PPP) mode," he said at a programme organised by the Northern Railways here. Prabhu de ...
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