Govt Enforces ‘Melt and Pour’ Rule for All Steel in Public Projects Nippon Steel expected to finalize U.S. Steel acquisition at $55 per share NMDC Limited reports a 38% drop in Q4 FY24 consolidated net profit RINL to Raise $23 Million Through Land Sales Amid Crisis
JSW Infrastructure formed a wholly owned company to carry out a port project at JNPT in Maharashtra. According to a regulatory filing, JSW JNPT Liquid Terminal Pvt Ltd was incorporated on March 13 in Mumbai.
The Jawaharlal Nehru Port Authority has issued a Letter of Intent (LoI) to the business for the installation, management, upkeep, and relocation of extra liquid cargo berths LB3 and LB4 at the port.
As per the terms of the letter of intent, a concession agreement must be entered into by a special purpose vehicle within 30 days of the letter of intent being issued.
"Accordingly, the company has incorporated a new entity for the purpose of entering into the said concession agreement and to fulfil the obligations as stated in the said agreement," JSW Infrastructure said.
Also Read : Cochin Shipyard and Tanzanian firm seeks to partner on shipbuilding and repair Volume, productivity raised at most Indian ports in Q1-2024
The government completed work on 281 central government projects costing over ₹150 crore in FY24, co...
Construction 08-May-2024
According to a research by the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK...
Renewables 07-May-2024
Ford Motor, a US-based automobile manufacturer, has stated that it would lower the production of its...
USA 20-Jan-2024
Thermal coal imports increased for the fourth consecutive month in April 2024, reaching a five-month...
Renewables 20-May-2024
Panasonic's battery business must focus on boosting productivity, according to the group CEO Yuki Ku...
USA 22-Jan-2024
The passenger vehicle (PV) domestic wholesale (dispatches to dealers) segment grew by 13.57% year-on...
Automobiles 15-Feb-2024