Indian Infrastructure Observer

Idea comes to Punjab

Idea has decided to build on the 23 lakh strong subscriber base of Punjab’s oldest mobile network, and will introduce its complete range of mobile telephony products and services for existing subscribers, and other mobile users and intenders in the state.

DoT may seek cabinet nod for 3G issues

The department of telecom is likely to seek a cabinet nod on a host of issues concerning 3G mobile telephony, including number of slots for auction, increased annual spectrum charges and administrative fee as suggested by TRAI.

AAI granted Miniratna status

India's airport operator Airports Authority of India (AAI) has been granted Miniratna status by the government.

Fly Dubai has India on its flight-plan

Fly Dubai, the low-cost airline being planned by the Dubai Government, is likely to begin operations in June 2009.Though the routes on which the new carrier will operate are still being chalked out; flights to India are very much on the cards.

Patel Engineering bags irrigation project from AP Govt

Patel Engineering Ltd. has bagged the single largest irrigation project in India, the Pranahita – Chevella Lift Irrigation – Package 6 of Rs. 38.59 billion from the government of Andhra Pradesh in consortium with BHEL and Navyuga Construction.

Tata Power inks pact with Indian Oil Corp

Tata Power Company Ltd. has signed a joint venture agreement with Indian Oil Corporation Ltd (IOCL) for establishing a coal-based power plant in Orissa to meet the captive requirement of IOCL in its Refinery & Petrochemicals Complex and its affiliates.

Satyam to invest US $1.6b in Maytas firms

Software services firm Satyam Computer Services Ltd. said that its board had approved taking a 51 percent stake in construction firm Maytas Infra and buying a sister firm for a total US $ 1.6 billion.

India's BHEL in equipment talks with Jindal Power

Indian state-run power equipment maker Bharat Heavy Electricals is in talks with Jindal Power to supply super-critical boilers and turbines, junior power minister Jairam Ramesh said. The deal would be finalised after a meeting between government and company officials.

Govt asks RBI to grant infra status to SEZs

The government has asked the Reserve Bank of India to grant infrastructure status to the special economic zones to spur exports, badly hit by recession in the US and several European economies.

Dow Corning to invest in global solar power industry

Dow Corning Corporation announced several billion dollars of investment to provide critical materials to the fast-growing solar technology industry. Dow Corning and Hemlock Semiconductor joint ventures hopes to create a viable solar industry that produces new, high paying jobs, clean power technologies and a revitalized economy.

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