Industrial Development Corporation of Orissa (IDCOL) intends to promote, industrial units for optimum utilisation of mineral resources available in the state and manage the same with optimum efficiency and productivity. The corporation also provides single window service to the entrepreneurs like government approval, NOC of Pollution Control Board,mining lease tax incentives available for new units, infrastructure development etc.
Author: admin (Infratructure Today)
Post
Post
Resurfacing of Aizawl roads in progress
According to the Mizoram PWD sources, the resurfacing work beginning from Bawngkawn Traffic Point in Aizawl is in progress towards Buichali via Sairang and the work is going on near Rangvamual on January 25.
Post
Rs 14.29 cr approved for widening of Nagpur’s Lam Road
In Nagpur, the widening of Lam Road from Saubhagya Nagar to Deolali Camp has got a green signal as the district collectorate has, in principle, approved the Rs 14.29-crore proposal from the Deolali Cantonment Board. The six-km stretch will be converted into four lanes with proper dividers, streetlights, footpaths, Chief Executive Officer (CEO) of the Deolali Cantonment Board, Amol Jagtap said.
Post
Rs 6.68 cr spent on PMGSY roads in Karnah of J&K
In Jammu and Kashmir, an amount of Rs 6.68 crore has been utilised on the execution of six road projects measuring 23 kilometers in the Karnah tehsil of Kupwara district under the Prime Minister Gram Sadak Yojna (PMGSY), out of the allotted Rs 12.86 crore for this purpose.
Post
MP’s plea to PM to refund Rs 200 cr spent on national highways
The Prime Minister Manmohan Singh has been urged by the Madhya Pradesh government to resolve issues related to national highways, pending for a long time. Madhya Pradesh Chief minister Shivraj Singh Chouhan on January 28 appealed to the Prime Minister refund Rs 200 crore to the state spent by it on repairing and maintenance of national highways.
Post
Banker stresses on timely nod for projects
Chanda Kochhar, MD and CEO of ICICI Bank stressed on the need to ensure that the projects under implementation get the necessary last mile clearances and linkages so that the assets become productive on schedule. She said this to a leading news agency when asked about banks' exposure to large infrastructure and indus
Post
Ministry wants to cut subsidy bill by changing pricing formula
Union finance ministry wants the oil marketing companies (OMCs) to calculate under-recoveries from sale of fuel products based on export parity price rather than the presently followed import parity price. The ministry wants OMCs to discontinue import parity price because the 2.5 per cent customs duty was adding to the under-recoveries of the state-run oil marketing companies without contributing any revenue to th
Post
Minister gives assurance on Posco’s $12 bn project
At a recent meeting with South Korean Minister Sukwoo Hong, India's Commerce and Industry Minister Anand Sharma assured that Prime Minister Manmohan Singh was personally monitoring the progress of PoscoĆās $12-billion steel project in Odisha. Sharma met his South Korean counterpart at the Partnership Summit organised by the CII to discuss bilat
Post
GAIL revives Rs 75.9 bn gas pipeline project
Reports indicate that Gas Authority of India (GAIL) has revived the much delayed Rs 7,596 crore Jagdishpur-Haldia gas pipeline gas pipeline project. It is learnt that the groundwork for the project, which was sanctioned in 2007, is yet to start. The project was sanctioned almost 5 years ago. However, first a glitch over gas availability led to delay in exec
Post
RIL to borrow $500 mn from foreign investors
In order to fund its exploration activity and also for the expansion of its petrochemical business, Reliance Industries (RIL) is in the process of borrowing up to $500 million (Rs 2,701 crore) through issue of perpetual bonds to foreign investors. The company decided to borrow abroad despite sitting on a cash pile of around Rs 75,000 crore because it wa