Jaypee Cement, the cement manufacturing arm of Jaiprakash Associates (JPA) is waiting for an approval to set up a 2.4 – mtpa cement plant in Gujarat’s Kutch. According to a report, the company has formed a joint venture with Gujarat Mineral Development Corporation Limited called Gujarat Jaypee Cement and Infrastructure Limited, through which it...
Kutch
Double-decker container service on Gurgaon-Mundra Port line functional
The Northern Railway has started a double-Decker container train between Patli near Gurgaon in Haryana and the Mundra Port in Gujarat. This initiative will increase efficiency and volume. This is the first double-stack container train by the Northern Railway and the second route over the Railways. This service will bring the entire National Capital...
Bajaj Auto to set up auto plant near the Mundra port in Gujarat
According to Business Standard report, Bajaj Auto is planning to set up its fourth and largest five million unit per annum plant near the Mundra port in Gujarat with an initial investment of more than Rs 1,000 crore. The plant will also manufacture the long-awaited passenger car the company is developing with Nissan-Renault. The...
IFFCO to produce Urea Ammonium Phosphate at Kandla
Indian Farmers Fertilisers Cooperative Limited (IFFCO) today said it will soon begin manufacturing a new fertiliser at its Kandla unit in Gujarat, which will have lower content of potash. “Keeping in view the highly unstable international potash prices, we have decided to manufacture a new-grade fertiliser at our Kandla Unit,” IFFCO Kandla’s Senior Executive...
ITT wins $74 million contract for pumping stations in Gujarat
ITT Corporation is heading a consortium that has been awarded a contract to provide two water pumping stations for Sardar Sarovar Narmada Nigam Limited’s (SSNNL) Kutch Branch Canal (KBC) Lift Irrigation Project. ITT will execute this project in a consortium with Megha Engineering & Infrastructures Limited (MEIL). ITT’s Flygt vertical column discharge pump sets...
Rs. 1060 crore dry bulk terminal project approved for Kandla port
The government today approved a Rs 1,060 crore project for building a dry bulk terminal at the Kandla Port Trust on build, operate and transfer (BOT) basis. The decision was taken by the Cabinet Committee on Infrastructure (CCI). “The capacity of the project is 14.112 million tonne per annum for catering to four vessels...
Adani MPSEZ acquires Australia’s Abbot Point Port in Queensland for $ 2 billion
Adani Group-owned Mundra Port and Special Economic Zone Ltd (MPSEZL) today announced the $ 2 billion acquisition of Abbot Point Port in Queensland, Australia, on a 99-year lease, marking the beginning of the company’s business expansion outside India. Talking to the media, MPSEZL Chief Financial Officer B Ravi said the size of the balance...
Silver, Gold prices down further continuously on second day
Silver and gold prices fell further today because of lesser domestic demand, sustained selling by stockists and weakening global trend of decline. In the global markets, gold declined by 0.01 per cent to $1,506.90 an ounce and silver fell by 0.24 per cent to $45.49 an ounce. Silver prices fell further today by Rs...
Carlson to open fourth Radission hotel in Gujarat at Kandla
Continuing its expansion of Radisson hotel brand in India, global hospitality and travel company Carlson today announced the signing of the the 117-room Radisson Hotel Kandla. With this Carlson has increased its Radisson portfolio in India increases to 42 hotels. This is Carlson”s fourth hotel in Gujarat. The USD 15 million Radisson Hotel Kandla...
India’s first tidal power plant to come up at Mandvi in Gujarat
State-run power utility Gujarat Power Corporation Limited (GPCL) has narrowed down to a site in Mandvi near Gulf of Kutch for commissioning of 50 MW tidal power project according to PTI report. The tidal power project will need huge area out of any port limits along the coastline. The area also should be free...
Fab India Overseas to partner Gujarat for economic empowerment of artisans
Fab India Overseas which has expressed its desire to partner Gujarat Government’s ‘Mission Mangalam’ project for economic empowerment of 20,000 artisans during Vibrant Gujarat Global Investors’ Summit made a detailed presentation here today. The company’s Managing Director Mr. William Bissel during his meeting with Chief Minister Mr. Narendra Modi today reiterated his resolve to...
IFFCO to add liquid fertiliser plant in Kandla
One of the world’s largest cooperative firms, Indian Farmers Fertiliser Cooperative Limited will add Rs. 15 crore new liquid fertilizer plant in Kandla. The new plant will be functional in March 2011. According to IFFCO’s Executive Director L.Murugappan IFFCO is all set to expand its Kandla facility by adding two news plants. Of them...