IndiaCatalog.com
India News
Search Web Directory
News Home
GMR Infra arm signs pact with APGDC for piped natural gas supply
Posted on 12th October 2018
GMR Infrastructure on Thursday said its arm Kakinada SEZ had inked a pact with Andhra Pradesh Gas Development Corporation (APGDC) for supply of piped natural gas.

“Kakinada SEZ, a subsidiary of GMR Infra, signed an MoU with APGDC to get access to piped domestic natural gas for its upcoming 10,500-acre zone,” the company said in a filing to BSE.

With this development, Kakinada SEZ would be the first zone on the eastern coat of India to provide piped natural gas to all its industrial units.

The zone, which is located on the Vizag-Chennai Industrial Corridor, offers 8,521 acre of industrial land with another 1,879 acre earmarked for a Greenfield commercial port.

“This unique development will be a boon for gas dependent industries like ceramics, glass, fertilisers and chemicals in this region. Since gas constitutes a major portion of their costs, a 30-40 per cent saving on gas price will yield significant competitive advantage.

“This is expected to attract significant overseas and domestic investments, giving a boost to ‘Make in India’ and ‘Sunrise Andhra Pradesh’ initiatives,” Kakinada SEZ CEO Challa Prasanna said.

APGDC has agreed to lay a spur line from the main trunk line to the zone premises for facilitating piped gas access to commercial and industrial customers.

APGDC, which is the authorised entity by Petroleum and Natural Gas Regulatory Board (PNGRB) for laying, operating and expanding gas distribution network in AP, is executing the Kakinada-Srikakulam high pressure Natural Gas Pipeline (KSPL) to facilitate supply of gas for industrial use.

The work for phase I of KSPL is underway.

Related Companies: GMR Group   

Other Latest News
Sensex plunges over 550 points, Nifty below 11,500
Posted on 19th July 2019
Mumbai: Extending losses for the second consecutive session, market benchmark BSE Sensex plunged 560 points Friday after the government thwarted hopes of a tax relief for FPIs.

Led by a sell-off in auto and banking stocks, the 30-share index cracked 560.45 points or 1.44 per cent to settle at 38,337.01. It hit an intra-day low of 38,271.35 and a high of 39,058.73, swinging 787 points. Similarly, the broader NSE Nifty sank 177.65 points or 1.53 per cent to 11,419.25.


WhatsApp could soon change your chat experience with new voice message feature
Posted on 19th July 2019
WhatsApp is reportedly adding granular improvements to its voice message feature on iOS. Currently, when you get a notification for a voice message, you have to open the app to be able to listen to it. Unlike the texts and photos, the voice messages cannot be played from the notification shade. WhatsApp is now testing preview for voice messages in the notification panel on iOS.

Vodafone Idea picks Bank of America, Morgan Stanley for ₹130 billion fiber assets sale
Posted on 19th July 2019
Vodafone Idea Ltd. has hired Bank of America Corp. and Morgan Stanley to help sell its fiber assets as India’s largest mobile carrier by users seeks to bolster its finances, people familiar with the matter said.

The bankers will initiate discussions with potential buyers for the fiber assets, which could be valued at as much as ₹130 billion ($1.9 billion), the people said, asking not be identified as the talks are private.


Sri Lanka signs agreement with India to upgrade railway lines
Posted on 19th July 2019
Sri Lanka has signed an agreement with India to upgrade tracks in a key railway segment connecting the north and south at a cost of $ 91.26 million.

This is the first time in 100 years that the 130 km-long-tracks, running from Maho town in the North Western Province to Omanthai in the Northern Province, are being upgraded.


L&T bags ‘significant’ orders from Damodar Valley Corporation
Posted on 19th July 2019
Infrastructure company Larsen & Toubro Friday said its power business has bagged “significant” orders from Damodar Valley Corporation (DVC) to set up flue gas desulphurisation (FGD) systems in three of its power plants.

DVC’s three plants where FGD systems will be set up are Durgapur Steel Thermal Power Station (2×500 MW), Mejia Thermal Power Station (2×500 MW) and Raghunathpur Thermal Power Station (2×600 MW) – in West Bengal, Larsen & Toubro (L&T) said in a regulatory filing.


» Post a FREE Classified Advertisement
Inviting Real Estate Agents, Job Placements Agents, Educational Institutes, Software Service Providers, Real Estate Builders, Marriage Bureaus, Travel Agents, Restaurant Owners, Health & Fitness Centers and other Local Businesses to Post a FREE Classified Advertisement on Cootera.com Classifieds Website.
Jobs in India India Real Estate Automobiles Matrimonials Beauty & Fitness

Add a comment for GMR Infra arm signs pact with APGDC for piped natural gas supply
Please only use this form to enter comments on the above company. All comments are reviewed before they are displayed on the web site. Not all comments may be displayed. Check back with us to see if your comments have been displayed.
If you want us to email the comments posted by users, please Subscribe by email
Name*
Comments*
Security Code*
 

Be the first person to write a business review for GMR Infra arm signs pact with APGDC for piped natural gas supply

Most Read News

Essar Steel lenders move Supreme Court against NCLAT order

TVS Motors unveils first ethanol-based bike, to be priced at Rs 1.2 lakh

NZ vs ENG: Cricket World Cup 2019 | Kiwi fans on the outer for thrilling cricket finale

Sensex drops over 100 points; Yes Bank slumps over 10 per cent

Infosys tweaks capital allocation policy to give back 85% of free cash flow

More India News

  India Web Directory
Business Profiles
Automotive Directory
IT/ITES/BPO Directory
Hotel Directory
Health Directory
Business Directory
Gems & Jewellery
Education Directory
Real Estate Directory
Agriculture Directory
Logistics Directory
Yellow Pages
NRI Guide
Photo Galleries
Global Web Directory
*** FREE India Classifieds
Order Premium Listings
Submit a Site
Business Reviews
Home
About us
Link to us
Advertise
Contact us
Google Search Keywords: India Catalog, IndiaCatalog, India Web Directory
    © 1999 - 2019 IndiaCatalog.com
    All Rights Reserved
Privacy Statement