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Projects News

Greenko to expand hydel projects in India

April 29, 2013

Greenko has concluded funding of about Rs 830 crore through equity participation by the Government of Singapore Investment Corporation (GIC). Listed on the Alternate Investment Market of London Stock Exchange Read more...

SGX plans to delay launch of ore futures

March 11, 2013

In order to give clients and member firms more time to prepare for the new product, the Singapore Exchange plans to postpone the launch of futures contracts including iron ore and freight from Feb, 25 to April 8. SGX said that it cleared a record 18.2 mn t of iron ore swaps in January trumping an earlier record set in September. The exchange clears over 90 per cent of globally traded iron ore swaps. Read more...

Ministry allows Adani, Essar to bid for the terminal project

November 29, 2012

Top government sources stated that the Adani and Essar Ports has received an approval from the union home ministry to participate in the Rs 4,000 crore mega container terminal project at Chennai Port.Chennai Port plans to set up a mega container terminal, with a capacity of 4 million TEU (Twenty foot-equivalent units). The proposed terminal has been envisaged as the largest container terminal on the country's east coast and it will be able to handle ultra-large container vessels. Read more...

SpiceJet to import ATF from Singapore soon

October 06, 2012

SpiceJet has all set to become the first airline in the country to start direct import of Aviation Turbine Fuel (ATF) soon. Price of ATF or jet fuel is at an all time high in India. Read more...

Singapore, Denmark to work jointly on maritime research

September 14, 2012

Singapore and Denmark agreed to explore opportunities for collaboration in the areas of quality shipping, green shipping as well as maritime research and development, education and training. Read more...

Asons Enterprise:Corroshield - Engineered fasteners for maximum performance

August 31, 2012

Asons Enterprise is one of the fastest growing companies in India in the fastener-manufacturing and distribution segment. Read more...

Maldives govt asks GMR to halt $500 mn project

August 14, 2012

Maldives govt has asked India's GMR Infra to halt work on a $500 mn new terminal building temporarily. Read more...

SunEdison gets Rs 290 crore equity for solar projects

August 13, 2012

For the development and construction of SunEdison's photovoltaic power projects, International Finance Corporation (IFC) decided to deploy Rs 290 crore as equity capital into the company. Read more...

Banks agree to lend $200 million for Sasan UMPP

August 07, 2012

Standard Chartered Bank, Mizuho Bank & Developmental Bank of Singapore has agreed to lend $200 mn to Reliance Power for its ultra mega power project in Sasan. Read more...

Union Govt clears FDIs worth Rs 674 crore

August 01, 2012

The Union Government has given approval to Rs 674 crore foreign investment proposal by Abhijeet Power and another CLSA Singapore's proposal to invest Rs 225 crore in the country. Read more...

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