Oman receives bids for deep water Sohar jetty

Oman's port of Sohar has received bids for the contract to build the deep water Jetty serving the Vale Industrial Complex. The project involves the construction of a 600-metre long jetty and new harbour basin that will serve a pelletizing plant and iron ore distribution centre that is being built by Brazilian mining company Vale.

Reliance Airport Developers leases 5 airports in Maharashtra

The Anil Ambani-led Reliance Airport Developers Ltd is on its way to picking up five airports in rural Maharashtra on a 95-year lease for a total of only Rs 63 crore from the Maharashtra Industrial Development Corporation. Government officials said that MIDC passed the proposal last week and recommended to the state that Yavatmal, Nanded, Latur, Osmanabad and Baramati airports be leased. MIDC officials said they could have got a higher price in a better economy but industries secretary A M Khan said the government was satisfied with the price it was getting.