Harsh Kumar Bhanwala, Executive Director, India Infrastructure Finance Corporation (IIFC) stressed on the need to create awareness on tax-free bonds to facilitate growth in the infrastructure sector. He also said that IIFC, which has an outstanding credit of Rs 25,000 crore, plans to go for second round of fund raising in March
Author: admin (Infratructure Today)
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Tata Steel expects phase I of Kalinganagar project in 2014
Anand Sen, Vice President, Tata Steel informed reporters that the Kalinganagar integrated greenfield steel plant would begin production in the second half of 2014. The 6 million tonne plant is being constructed in two phases of 3 mn t each, The first phase includes a 3 million tonne steel capacity unit and the common facili
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Forest panel clears mining project at West Singhbhum district
The Forest Advisory Committee, which deals with forest clearances, allowed JSW Steel and Jindal Power and Steel to divert 1,500 ha of dense forests in the West Singhbhum district of Jharkhand for iron ore and manganese mining. JSW Steel had sought the diversion of nearly 1,000 hect
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Southern Railways suggests industrialists to set up freight terminal
Southern Railways suggested industrialists in Coimbatore, Tamil Nadu to come together and set up a private freight terminal to move the goods manufactured or produced in this region to upcountry markets. Sujatha Jayaraj, the Divisional Railway Manager of Southern Railways Ćā Salem Division said this during an interactive session with industrialists in Coimbatore
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Railways hopes to attain investment target in port connectivity projects
Media reports suggest that the Indian Railways is confident of attracting the targeted investment in port connectivity projects during the next five years. The railways set a target of around Rs 5,000 crore investment in port connectivity over the next five years. To begin with, they expect investment worth Rs 3,800 crore
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Jaipur’s each ward to get Rs 1 cr for road repairs
In Jaipur, most roads which are in a dilapidated condition are expected to be repaired this year as the Jaipur Municipal Corporation's (JMC) finance committee has proposed Rs 1 crore for repair works in each ward in the budget 2013-14.
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Kochi’s Banerji Road widening work from Feb 18
Widening of the Banerji Road in Kochi city will be taken up by the Delhi Metro Rail Corporation (DMRC) on February 18 as part of the next phase of preparatory works for Kochi Metro. The contractors engaged for the road work have already started mobilising resources required to execute the work.
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Chennai’s 20 roads to get storm-water drains
Though delayed, Chennai to get stormwater drains for its 20 key roads. The traffic police, who had concerns about the digging up of roads 'fearing traffic congestion,' has now given the Chennai Corporation permission to resume work on the Jawaharlal Nehru National Urban Renewal Mission-funded project.
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Southern Railways suggests industrialists to set up freight terminal
Southern Railways suggested industrialists in Coimbatore, Tamil Nadu to come together and set up a private freight terminal to move the goods manufactured or produced in this region to upcountry markets. Sujatha Jayaraj, the Divisional Railway Manager of Southern Railways Ćā Salem Division said this during an interactive session with industrialists in Coimbatore
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Railways hopes to attain investment target in port connectivity projects
Media reports suggest that the Indian Railways is confident of attracting the targeted investment in port connectivity projects during the next five years. The railways set a target of around Rs 5,000 crore investment in port connectivity over the next five years. To begin with, they expect investment worth Rs 3,800 crore