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Colombo, March 30 (Daily Mirror) - An Indian vessel carrying a consignment of fuel reached the Colombo Port yesterday, the Ports and Civil Aviation Ministry said. The ship HARI ANAND docked at the Dolphin Jetty at approximately 1.30 p.m., officials confirmed. The fuel consignment has since been transported to the Kolonnawa Fuel Storage Complex for distribution. In total, the shipment amounts to 36,000 metric tons of fuel, comprising 18,000 metric tons of diesel and 18,000 metric tons of Octan ...Read More >
I for I: India set to arm Indonesia to counter misadventures in Indo-Pacific In a historic move, Mazagon Dock Shipbuilders Limited (MDL) has inked a $52.96 million deal to acquire a controlling stake in Sri Lanka's premier dockyard, Colombo Dockyard PLC (CDPLC). This marks MDL's first international acquisition, signalling India's intent to establish a strategic maritime presence in the Indian Ocean particularly significant amid intensifying Chinese influence in the region. The deal, finalised t ...Read More >
VIJAYAWADA: The State government on Friday accorded approvals to a slew of industries. Among those are Krishnapatnam Power Corporation Limited (KPCL), which is set to establish a 350 MW Solar and Battery Energy Storage System (BESS) in Thamminapatnam and Mommidi villages of SPSR Nellore district with a Rs 1,225 crore investment, creating 575 jobs. Furthermore, the government also waived off a Rs 54 crore extension of time fee, contingent on project completion within two years as per the Andhra P ...Read More >
New Delhi: In a strategic acquisition that will significantly expand its production capacity and take it on the path of becoming a global player, India's largest shipyard, Mazagon Dock Shipbuilders Limited (MDL), is buying a controlling stake in Sri Lanka's largest shipbuilder, located in the port of Colombo. The controlling stake in Colombo Dockyard PLC (CDPLC), Sri Lanka's largest and most established shipyard, is being acquired for $52.96 million, with the Indian yard taking over as the majo ...Read More >
Mumbai/New Delhi, Jun 27 (PTI) State-run Mazagon Dock Shipbuilders Limited (MDL) has decided to acquire a controlling stake in Sri Lanka's Colombo Dockyard PLC under a USD 52.96 million deal, a move that is expected to expand India's strategic presence in the island nation. MDL's decision marks its first international venture and is seen as a major milestone in the company's transformation from a purely domestic shipbuilder into a regional maritime player with global aspirations. "Located in t ...Read More >
Mumbai (Maharashtra) [India], June 27 (ANI): Mazagon Dock Shipbuilders announced on Friday it is set to acquire a controlling stake in Colombo Dockyard PLC (CDPLC), Sri Lanka's largest shipyard, in a deal worth up to USD 52.96 million. According to the state-owned company, this marks MDL's first international acquisition. Also Read | YouTube Channel Claims Govt Is Giving INR 4,500 Per Month To Unemployed Youth Under 'PM Berojgari Bhatta Yojana'? PIB Fact Check Debunks Fake News. Located in th ...Read More >
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