Pointing to the need to go for integrated urbanization, Maharashtra Chief minister Prithviraj Chavan said his government plans a new legislation to set new rules in this regard. He said this while addressing a gathering after inaugurating a conference. He said over 50 percent of the
Author: admin (Infratructure Today)
Post
Post
TN’s policy boosts solar energy units in Coimbatore
In Coimbatore, manufacturing of solar energy-related products is set to get a boost with the State unveiling a new solar energy policy and the solar energy equipment manufacturers in the city expect to clock a 15-20 per cent annual growth, say organisers of the ĆāRenergy Coimbatore 2013Ćā show.
Post
TN’s streetlights to be replaced with solar lamps
The Tamil Nadu government, as part of its efforts to tide over the current power crisis, has been implementing various steps to conserve electricity. Recently, the State Chief Minister J Jayalalithaa unveiled a solar power policy aimed at tapping 3,000 mw of power in the next three years (details in box).
Post
RBI suggests alignment of existing debt recast pacts with scheme
The existing bilateral debt recast schemes between banks and some power distribution companies may be aligned with the government-introduced debt restructuring scheme, Reserve Bank of India (RBI) suggested. Last year, lenders entered into a debt restructuring agreement with power distribution firms in Uttar Pradesh, Rajasthan and Haryana Ćā who together owe
Rs 8
Post
PE association expects muted growth in 2013
Agency reports shows that Indian Private Equity & Venture Capital Association expects growth in the private equity (PE) and venture capital (VC) sectors to be subdued in 2013 owing to the slowing of the domestic economy. The association expects exits by PE funds during the year if the stock market does well this year as predicted. There are many funds which have invested durin
Post
Banks witness faster growth in deposit recently
Deposits of commercial banks expanded by a robust Rs 62,750 crore while credit growth was relatively moderate at Rs 17,380 crore during the first fortnight of the January-March quarter, data from the Reserve Bank of India (RBI) shows. This snaps the trend of credit growth outpacing deposit growth during the October-December 2012 perio
Post
CMIE expects 4% growth in cargo traffic in 2013-14
Centre for Monitoring Indian Economy (CMIE) expects 4 percent growth in cargo traffic across all major ports in the country during 2013-14 compared to an anticipated contraction of 2.4 per cent in 2012-13. According to its projection, cargo traffic handled by major ports may rise to 568.5 million tonne in 2013-14 from
Post
Punjab to build 14 more ROBs/RUBs at 318 cr
To improve road connectivity in Punjab through building railways over/under bridges, the State government has set aside Rs 318 crore. The government has planned to build a total of 14 ROBs and RUBs with the sum. Work on 9 under construction ROBs/RUBs are already set to be completed and they would be dedicated to the people of Punjab in next two months.
Post
TN to bring new system to maintain roads, highways
In Tamil Nadu, the Jayalalithaa-led government on January 23 announced the introduction of a new performance-based maintenance contract system for maintaining the roads and highways in the state. The news system is considered as a major fillip to road infrastructure in the state.
Post
Building 20 km roads a day is not possible for now: Govt
Since builders are not coming forward due to fund crunch in the present economic environment, it is not possible to construct 20 km of roads in a day, Union Road Transport and Highways Minister CP Joshi said on January 24. Joshi said that the government's past experience says it can achieve this target only when it is in a position to award 7,000 km per year for three consecutive years.