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Sadbhav wins 4-laning work of Rohtak-Hissar NH stretch
Sadbhav Engineering has been declared the successful bidder for four-laning of Rohtak to Hissar Section of NH-10 from km 87 to km 170. The National Highways Authority of India (Ministry of Road Transport and Highways) had invited the bid for the road widening project. The road project is to be executed as BOT (toll) project on DBFOT pattern under NHDP Phase III in Haryana. The length of the road project is 98.810 Km).
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Delhi's flyover is ready to facilitate signal-free ride
Delhi's signal-free ride is ready for road users. The signal-free ride from Delhi Cantonment to Dwarka and west Delhi areas will be a reality in a couple of days as the South Delhi Municipal Corporation is all set to inaugurate the Pankha Road flyover shortly.
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Consortium may lend Rs 7 bn to Dighi Port
A consortium of banks led by Bank of India would reportedly lend Rs 700 crore for the infrastructure project proposed to be carried out by Vijay Kalantri-promoted Dighi Port. The project, which is estimated to cost Rs 1,000 crore, includes setting up a new berth and road and rail infrastructure at the port. The remaining cost would be met by the promoters, reports indicate
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Container traffic at Chinese ports rises
Container traffic at the ports in northern Hebei of China rose 22.8 percent on a year-on-year basis to 142,000 Twenty Foot Equivalent Unit (TEU) in the first 2 months 2013. The collective cargo throughput increased 10.9 percent to 134.83 million tonne (mn t). While the port of Qinh
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Ports in Andhra witness decline in ore cargo
The hike in export duty on iron ore, increase in railway freight rates for export cargo of ore and the ban on illegal ore mining affected exports of the raw material. Gangavaram Port exported only 271,000 tonne this year as against 2.1 million tonne last fiscal. Other ports in Andhra Pradesh Visakhapatnam and Kakinada deep water ports lost 30 per cent in iron ore cargo traffic during 2012-13. In 2011-12, Kakinada Port
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Panel to examine 42 mines in Goa
Speaking in the state legislative assembly, Goa Chief Minister Manohar Parrikar informed that the Justice RMS Khandeparkar committee would investigate illegal revival of 42 mines 17 years ago. Last year, Goa government appointed the committee to investigate and examine the findings of the Shah Commission report on illegal mining which exposed a Rs 35,000 crore scam in the sector
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Power equipment industry shrinks 10.5% in 3rd quarter
In the third quarter of 2012-13, the power sector has deepened into gloom further as electrical equipment industry shrank 10.5 per cent. Turnover contracted 10 per cent, declining for the third consecutive quarter, and falling in double digits for the first time. The Indian Electrical and Electronics Manufacturers' Association (IEEMA) said almost all sectors declined, particularly power cables and energy meters business.
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Volume of mining and construction equipment sector may fall
Ratings agency ICRA expects subdued near term outlook for the mining and construction equipment industry with demand for equipment expected to remain sluggish. The agency expects sluggish demand for equipment because of the slow pace of infrastructural investments, weak business confidence and continued regulatory issues surrounding mining
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Equipment makers see early revival of infra sector
As the Union government has recently taken policy initiative and the Reserve Bank of India (RBI) reduced interest rate, there are early signs of revival in the infrastructure sector, says the Indian Construction Equipment Manufacturers' Association.
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The Game Changer
Volvo Trucks introduces the first FM 480 10x4 dump truck with 43 (US) Tonne capacity for mining applications in India.
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