The Federation of Andhra Pradesh Chamber of Commerce and Industries has said that about 750 mw of solar power projects are stranded for want of clarity in policy issues and clearances in Andhra Pradesh. The Andhra Pradesh Government announced its Solar Power Policy in September 2012 seeking to encourage solar power projects.
Author: admin (Infratructure Today)
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Govt sets up panel to study definition of FDI, FII
The government set up a committee to examine and work out the details of the application of the principle followed internationally for defining foreign direct investment (FDI) and foreign institutional investment (FII). The finance ministry is learnt to have set up an eight-member committee under Economic Affairs Secretary Arvind Mayaram for giving clear definitions to
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TN govt to set up three more sewage plants
The Tamil Nadu government is in the process of setting up three more sewage treatment plants (STPs) in Chennai. The plants would be set up in Villivakkam, with a capacity to process 135 million litre per day (mn ld) of sewerage, Sholinganallur (100 mn ld) and Navalur (6 mn ld)
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Experts want govt to allow pvt participation in coal sector
In order to increase coal production in the country, experts suggest government to end the monopoly of Coal India (CIL) and its subsidiaries in the sector. They suggest the government to amend laws to allow more private participation in the space. They want the government to allow foreign and local mining comp
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Chennai to have 45-km elevated road to ease traffic jams
To ease traffic congestion in Chennai, Tamil Nadu Chief Minister Jayalalithaa on April 1 announced a slew of road projects, including an elevated road between Taramani and Mamallapuram. The elevated road is to ease traffic congestion caused by the proliferation of IT companies, educational institutions and skyscrapers.
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Srinagar’s Pantha Chowk-Sempora road to be widened
Srinagar District Development Commissioner Farooq Ahmad Shah on April 1 convened a meeting of officers for the immediate widening of National Highway from Pantha Chowk to Sempora in Srinagar. Discussions were held for expediting the widening of National highway at Pantha Chowk besides the removal of encroachments and other bottle necks including popular trees and shifting of utilities across the road.
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IVRCL sells highway projects in TN to TRIL Roads
Hyderabad-based IVRCL has monetised three road tollways by selling stake to TRIL Roads, a Tata Group company. The deal, covering all the three projects in Tamil Nadu, is estimated at Rs 2,200 crore. This stake sale agreement is part of the Hyderabad-based infrastructure company IVRCLĂâs Strategic Business Plan to monetise its build, operate and transfer (BOT) road assets.
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Crucial river bridge on NH-6 near Kolkata completed
A crucial river-bridge on NH-6 near Kolaghat, approximately 70 km from Kolkata, was completed on April 1. Developed by the Mumbai-based Ashoka Buildcon, the 1.2-km bridge over Roopnarayan River was a Golden Quadrilateral project undertaken by National Highways Authority of India in 2001.
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Blore’s MG Road boulevard to be ready by this month-end
In Bangalore, the MG Road boulevard which is being reconstructed by Bangalore Metro Rail Corporation (BMRCL) will be thrown open to public by the end of this April. The boulevard with two-tier walkway is receiving finishing touches with inspection and maintenance checks being carried out by engineers and BMRCL authorities.
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Gammon gets financial closure for 5 road projects
Gammon Infrastructure Projects has received financial closures for five road projects spread across different states. The company received a total grant of over Rs 1,000 crore for these projects, according to Parag Parikh, ED and CFO, Gammon Infra. The five road projects include Yamunanagar-Panchkula in Haryana, Patna-Buxar in Bihar, Sidhi-Singrauli in Madhya Pradesh, Birmitrapur Barkote in Orissa and Vijayawada Gundugolanu in Andhra Pradesh.