According to CARE Ratings agency, investment in road and bridge sector is projected at Rs 9.20 lakh crore during the Twelfth Five Year Plan period ending March 2017, as against Rs 5.16 lakh crore invested during the Eleventh Five Year Plan period ending March 2012.
Author: admin (Infratructure Today)
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‘Indian road sector needs nodal dispute resolution authority’
According to CARE Ratings agency, investment in road and bridge sector is projected at Rs 9.20 lakh crore during the Twelfth Five Year Plan period ending March 2017, as against Rs 5.16 lakh crore invested during the Eleventh Five Year Plan period ending March 2012.
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Compensation announced to ryots in Mohali road project
Decks have been cleared for Mohali airport road as the Greater Mohali Area Development Authority (GMADA) announcing the highest compensation rate in the district so far, at Rs 2.37 crore per acre to farmers for acquiring 46 acres, decks have been cleared for nearly 3 km of the proposed 8-km airport road, which would stretch the dividing road of Phases 7 and 8 of the Industrial Area in SAS Nagar further to connect with the Kharar National Highway (NH)-21.
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Compensation announced to ryots in Mohali road project
Decks have been cleared for Mohali airport road as the Greater Mohali Area Development Authority (GMADA) announcing the highest compensation rate in the district so far, at Rs 2.37 crore per acre to farmers for acquiring 46 acres, decks have been cleared for nearly 3 km of the proposed 8-km airport road, which would stretch the dividing road of Phases 7 and 8 of the Industrial Area in SAS Nagar further to connect with the Kharar National Highway (NH)-21.
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Govt grants licence for infra debt fund
ICICI Bank, which is the largest shareholder of the first Infrastructure Debt Fund (IDF) under the non-banking finance company (NBFC) structure, received license for the fund from Finance Minister P Chidambaram. Following the receipt of the licence, commercial operations of the fund, named India Infradebt, would begin. Almost a year ago, the shareholders of the fund sign
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Govt grants licence for infra debt fund
ICICI Bank, which is the largest shareholder of the first Infrastructure Debt Fund (IDF) under the non-banking finance company (NBFC) structure, received license for the fund from Finance Minister P Chidambaram. Following the receipt of the licence, commercial operations of the fund, named India Infradebt, would begin. Almost a year ago, the shareholders of the fund sign
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Govt aims upto Rs 35 bn from stake sale in SAIL
Before the end of the financial year 2012-13, the government plans to offload 10.82 per cent of its stake in state-owned Steel Authority of India (SAIL) and garner Rs 2,700-3,500 crore. The department of disinvestment (DoD) in holding discussions with the steel ministry on this matter and soo
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Govt aims upto Rs 35 bn from stake sale in SAIL
Before the end of the financial year 2012-13, the government plans to offload 10.82 per cent of its stake in state-owned Steel Authority of India (SAIL) and garner Rs 2,700-3,500 crore. The department of disinvestment (DoD) in holding discussions with the steel ministry on this matter and soo
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Demand for steel expected to recover
According to media reports, the TATA Steel expects demand for steel to revive following the reform measures taken by the government and also the recent monetary policy easing by the Reserve Bank of India (RBI). The company feels that currently, demand for steel remains sluggish with many infrastructure projects that have achieved financial closure not taking off. He said that besides steel demand from the automobile sec
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Demand for steel expected to recover
According to media reports, the TATA Steel expects demand for steel to revive following the reform measures taken by the government and also the recent monetary policy easing by the Reserve Bank of India (RBI). The company feels that currently, demand for steel remains sluggish with many infrastructure projects that have achieved financial closure not taking off. He said that besides steel demand from the automobile sec