Indian Railways to join hands with Malaysia to modernise and redevelop 20 stations across country
The Dollar Business Bureau The Indian Railways is making plans to join hands with Malaysia to redevelop about 20 stations in Tier-II cities across the country. This project could attract nearly Rs 1 lakh crore in private investment the railways said. The redevelopment project entails infrastructure revamp at platforms and in the circulating areas. The project also encompasses development of station areas for commercial purposes. The government has plans to construct hotels, eateries, shopping malls, office complexes and multiplexes in the excess land that railways has, for the developers to be used for 45 years. For facilitating growth of Tier II cities such as Faridabad, Cuttack, Amritsar, Jamshedpur, Kochi, Jammu, and Bikaner, the Centre, state and local governments ...
Air India Express starts Delhi-Dubai direct flight
PTI Air India Express has started direct services from the national capital to the Gulf, with the first flight to Dubai taking off on Monday. The airline would begin direct Delhi-Abu Dhabi flight from Monday. The entry of Air India's international budget arm into Delhi is likely to intensify competition in the lucrative Gulf routes from the national capital since other Indian carriers have recently increased their frequencies. SpiceJet, IndiGo and Jet Airways have flights on Gulf routes. Air India Express will operate the two direct flights to Dubai and Abu Dhabi daily. New Boeing 737-800 aircraft with capacity to carry 189 passengers are being deployed. "The inaugural flight to Dubai, IX 141, took off with 166 passengers from New Delhi at 9.05 am on ...
Long wait for LPG over as Kochi to witness its import terminal
The Dollar Business Bureau The proposed Multi-User Proposed Terminal would see its light, as the Kochi port terminal and the Indian Oil Corporation are on the verge of signing an agreement for the same. This would help in importing cooking gas into the Kerala market via Kochi. This decision would help in putting an end to the states reliance on tanker 'lorries' for transporting fuel via road from Mangalore. Movement of tankers have always been a major threat as there have always been number of accidents reported every year. The proposal for building the same has been pending for a very long time. The current decision is that the port authorities have agreed to build the terminal for IOC at a cost ...
Indian Oil Gives LNG Storage Tank Contract to Japan's Mitsubishi Heavy Industries
Source: PTI Indian Oil Corporation, the country's largest fuel retailer, has awarded a contract to build two football stadium-sized LNG (liquefied natural gas) storage tanks at its upcoming Ennore LNG import terminal in Tamil Nadu to Japanese firm Mitsubishi Heavy Industries Ltd (MHI). "The LNG tanks will be the main facility at the first LNG receiving terminal to be constructed on India's East Coast," Mitsubishi Heavy Industries said in a statement. This is also the first LNG storage tank order that MHI has received from India. "Construction of the tanks is slated to begin in July of this year; completion is scheduled for the spring of 2018," MHI said. The high-capacity LNG storage tanks will have a capacity to hold 180,000 ...
