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Three ports to consider containerized RO plants Desalination plants, based on latest technology, will be installed at Paradip Port, Kamarajar Port and VO Chidambarnar Port which are under the Shipping Ministry. Shipping Minister Nitin Gadkari has instructed that these facilities...

Gadkari gives update on highway projects Gadkari. Minister of Road Transport and Highways, Nitin Gadkari, has announced development of a new highway alignment between Delhi and Mumbai.  A sum of one lakh crore rupees will be spent on this expressway,...

CII outlines initiatives under India RISE Mittal at his first press conference on 12 April 2018. The Indian industry should strategise for investments now, follow on to the government's wide ranging reforms introduced and being implemented, an industry leader has...

ITDC works on DRP for three-stage implementation   Work has started on Detailed Project Report (DPR) for a Rs.550 crore Mega Tourism Destination project at Bhairav Lanka in Kakinada, East Godavari District of Andhra Pradesh. The India Tourism Development Corporation...

US$44bn refinery-petrochemical complex Nasser signing the MoU.   India's "mega-handshake" with Saudi Aramco for mega-refinery and petrochemical complex came with a joint refinery-petrochemical complex investment. Commentary by Serena Huang, senior analyst, Wood Mackenzie. On 11 April, Saudi Aramco signed a...

JV to undertake project on EPC mode   The National Highways Authority of India has signed an agreement for upgradation of Yagyi–Kalewa section of highway (Milepost 40/0 to Milepost 115/5) in Myanmar to two lane with earthen shoulder. The agreement...

Project to stimulate MP economic development The Asian Infrastructure Investment Bank (AIIB) in a Meeting held recently in Beijing has approved US$140 million loan which will benefit approximately 1.5 million rural residents in Madhya Pradesh. The Project, to improve livelihoods,...

Plans for 5 GW offshore capacity by 2022 The National Institute of Wind Energy (NIWE) an autonomous body under Ministry of New and Renewable Energy (MNRE), has called for ‘Expression of Interest’ (EoI) for the first offshore wind energy project...

Govt addresses current OEMs concerns Secretary, Department of Defence Production in the Ministry of Defence, Dr. Ajay Kumar has announced creation of a dedicated defence and aerospace SME fund, registered with SEBI where minority stake could be taken by investors....

India displays defence manufacturing capabilities   Defence Research and Development Organisation (DRDO), with a saga of achievements in last 60 years would be showcasing its flagship products during the DefExpo India – 2018, being held in Chennai from 11 –...