Rs 297.75 crore has been sanctioned for Kochi Metro by the Kerala government on March 28. Out of this, Rs 88.50 crore is State Government's equity share and Rs 209.25 crore is for land acquisition. The State government had sanctioned Rs 19 crore for preparatory works as equity share.
Author: admin (Infratructure Today)
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‘Delhi Metro is one of world’s best transportation systems’
After travelling in the Delhi Metro train on March 25
former President APJ Abdul Kalam was effusive about Delhi Metro Rail Corporation for creating a 'culture of excellence'. It was Kalam's maiden ride on the Indian capital's Metro train. Kalam boarded the train at Central Secretariat station and travelled up to Rajiv Chowk where he saw the interchange arrangements for Jahangirpuri-HUDA City Centre (Yellow Line) and Dwarka Sector 21-NOIDA City Centre (Blue Line) corridors.
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Plan panel differs on powers of the proposed road regulator
Recently, an inter-ministerial meeting was held for the first time to discuss the proposal to set up a regulator for the road sector. The meeting was attended by the officials from the finance ministry, the law ministry and the National Highways Authority of India (NHAI). During the meeting, Planning Commission expressed strong reservations over giving the proposed regul
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Kollam port needs infrastructure to handle cargo
Kollam cargo port urgently requires infrastructure like cranes for handling containers cargoes from vessels. Recently, a multi purpose 1,600 DWT container vessel, MV Karuthal , arrived at the port as part of a trial run calling at various small ports of the state. The captain of the ship Zaw Win Thein said that the port appeared very calm and looked ideal for receiving ships
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Goa govt prepares draft investment policy
Goa government prepared a draft investment-cum-industrial polic, which laid a special thrust on development of Special Investment Regions (SIRs). The SIRs will attract large investments, economies of scale and world class infrastructure arrangements. SIRs involves special areas demarcated for development with their own industrial, social and urban infras
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Solar projects held up due to absence of clear policy
The Federation of Andhra Pradesh Chamber of Commerce and Industries on March 26 stated that about 750 mw solar power projects are stranded for want of clarity in policy issues and clearances in Andhra Pradesh.
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Bankers begin initiative to move stalled infra projects
Taking note of Finance Minister P ChidambaramĂâs suggestion, chiefs of public sector banks (PSBs) and State-owned financial institutions on March 18, banks have begun the process of region-wise stock-taking of new and stalled infrastructure projects. The first meeting of bankers, organised by Canara Bank, was held in Bangalore last week.
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Bankers begin initiative to move stalled infra projects
Taking note of Finance Minister P ChidambaramĂâs suggestion, chiefs of public sector banks (PSBs) and State-owned financial institutions on March 18, banks have begun the process of region-wise stock-taking of new and stalled infrastructure projects. The first meeting of bankers, organised by Canara Bank, was held in Bangalore last week.
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National aviation varsity to come up in Rae Bareilly
Rae Bareilly's Fursatganj airport that houses the Indira Gandhi Rashtriya Uran Akademi (IGRUA) will soon have a world class national aviation university at an investment of Rs 150-200 crore. Congress vice-president Rahul Gandhi on March 25 held a meeting with top aviation ministry officials Ăâ who are ex-officio members of IGRUA Ăâ and now the place is all set to get the swanky aviation university.
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Inducting new aircraft got easier in India
The Union Civil Aviation Ministry has disbanded the Aircraft Acquisition Committee as it was under the pressure from the airline industry and in the face of criticism about delays in inducting new aircraft. The six-member AAC, headed by the Additional Secretary in the Ministry, was vested with the power of clearing aircraft purchases for existing airlines as well as deciding on proposals for those wanting to enter the domestic industry.