Essar Projects, a leading EPC (Engineering Procurement & Construction) company, has announced that it has won a contract for a 100-km pipeline from GSPL India Gasnet Ltd. (GIGL).

Members of Social Democratic Party of India staged a demonstration at Karunkalpalayam in late February, urging the Central Government to restrain GAIL

In Union Budget 2015, the Government has announced five new Ultra Mega Power Projects (UMPPs), each of 4,000 MWs in plug-and-play mode. For projects in plug-and-play mode, all clearances and linkages will be in place before the project is awarded by a transparent auction system.

During the Eleventh Plan period (2007-2012), domestic players exceeded the planned capital expenditure outlay. They invested Rs 2,751.6 billion, 120 per cent of the planned target of Rs 2,289.9 billion.

A slew of measures to infuse the much-needed cash-flow into the infrastructure sector have been introduced to push growth. And Rs 8 lakh crore of equity is likely to find its way soon in the sector enriching the fund pool. However, missing links like deepening the bond market in the country

The Union Budget 2014-15 presented by Finance Minister Arun Jaitley has laid an infra tarpaulin and created a mood for growth. An eBiz integrated portal where all ministries would be integrated by December is underway to facilitate business. The allocations are across the spectrum of infrastructure, manufacturing and social sectors.

The Finance Minister emphasised on the need to revive growth in the manufacturing sector. While allocating Rs 10,000 crore for start-up MSMEs, the Government has shown its commitment for financing this sector as it accounts for a big chunk of industrial output and employment.

BVJK Sharma, Jt Managing Director and CEO, JSW Infrastructure Ltd, tells RAHUL KAMAT that the government must incorporate the railways, road and shipping ministries under one to curb logjams and avoid inter-ministerial issues.

Asian Development Bank (ADB) has shown interest to back an industrial corridor along the coast of Andhra Pradesh, giving a confidence boost to the state as it prepares for a new life without Telangana and Hyderabad.