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1.Essar Group inks pact with Paradip Port Trust

Paradip Port Trust signed a concession agreement at an estimated cost of Rs 408.80 crore with Essar Paradip Terminals Ltd for construction of a deep draught coal berth in the port on a BOT basis.

2.Kandla adjudged Major Port of the Year

Kandla Port Trust (KPT) was a prominent winner at the prestigious Maritime and Logistics Awards (MALA) 2014, organised by Exim India in Mumbai recently.

3.Cochin Shipyard to build dry dock

The development and modernisation plans of Cochin Shipyard Ltd (CSL) have received a boost, with the Shipping Ministry approving a Rs 1,200-crore investment to set up a dry dock to build LNG carrier ships.

4.Paradip refinery’s phase I to be completed by 2012

The first phase of the Indian Oil Corporation Ltd’s (IOC) Paradip Oil Refinery project worth about Rs 46,080 crore in the state will be completed by March 2012.

5.Posco signs with OPTCL for power supply

Posco India has initiated various activities including infrastructure development to expedite the work for its 12 mn tonne steel plant in Orissa, after receiving stage II clearance from the Ministry of Environment and Forest (MoEF).

6.PPT targets 270 mn tonne capacity

Paradip Port Trust (PPT) has witnessed commendable growth in cargo handling during the current fiscal. The port has now floated Request for Qualification (RFQ)

7.Building it Right

Velugu Suresh Kumar, Head - Engineering & Technology, Construction Division, Lanco Infratech Ltd, tells us how the success of a project lies in identifying the right construction technique for its most critical element.

8.PPPAC approves four port projects

The Public Private Partnership Appraisal Committee (PPPAC) has approved four port expansion projects involving an estimated investment of Rs 4,120.29 crore in three states.

9.Oil firms to invest over Rs 77,500 cr

State-owned oil companies will invest over Rs 77,500 crore in adding 44.2 mn tonne of refining capacity by 2012.

10.Posco plans steel project

Posco India is planning to set up a Rs 55,000 crore, 12 mtpa integrated steel project near Paradip.