At the end of the 11th Five Year Plan on March 31, 2012, cost overrun for various infrastructure projects monitored by government was Rs 52,150.68 crore.This information was given by the Minister of State for Statistics and Programme Implementation Srikant Kumar Jena in Lok Sabha.
Author: admin (Infratructure Today)
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Ongoing railway projects need ` 1.47 trillion
Railway ministry pegged the investment requirement for the 347 ongoing new line, gauge conversion and doubling projects at about Rs 1.47 lakh crore as on April 1, 2012.
All sanctioned projects are progressing as per availability of resources, Minister of State for Railways Adhir Ranjan Chowdhury informed Lok Sabha.Targets for projects are fixed on yearly basis based on availability of funds. To expedite completion of ongoing projects, efforts are made to generate extra budgetary financing throu
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Ongoing railway projects need ` 1.47 trillion
Railway ministry pegged the investment requirement for the 347 ongoing new line, gauge conversion and doubling projects at about Rs 1.47 lakh crore as on April 1, 2012.
All sanctioned projects are progressing as per availability of resources, Minister of State for Railways Adhir Ranjan Chowdhury informed Lok Sabha.Targets for projects are fixed on yearly basis based on availability of funds. To expedite completion of ongoing projects, efforts are made to generate extra budgetary financing throu
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Essar Power starts Mahan-I power project
Essar Power has announced that the 600 MW (mw) unit 1 of its 1,200 MW Mahan-I power project in Madhya Pradesh has commenced generating power.This is Essar PowerÂ’s eighth operational power plant with an capacity of 600 MW. This plant is the largest size single unit commissioned in Madhya Pradesh. The Mahan-I plant begins operations using a combination of imported coal and coal sourced from Coal IndiaÂ’s e-auction process.
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Essar Power starts Mahan-I power project
Essar Power has announced that the 600 MW (mw) unit 1 of its 1,200 MW Mahan-I power project in Madhya Pradesh has commenced generating power.This is Essar PowerÂ’s eighth operational power plant with an capacity of 600 MW. This plant is the largest size single unit commissioned in Madhya Pradesh. The Mahan-I plant begins operations using a combination of imported coal and coal sourced from Coal IndiaÂ’s e-auction process.
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GMR Infra starts two highway projects in AP, Karnataka
Commercial operations of the Hyderabad-Vijayawada section of the National Highway 9 and the Hungund-Hospet section of the National Highway 13 have been commenced by GMR Infrastructure. With the commencement of these, the group now has a portfolio of eight operating highways. The projects are expected to generate revenues in the range of Rs 75 lakh to Rs 80 lakh per day for the former and Rs 18 lakh to Rs 20 lakh per day for the latter.
The Hyd-Vijayawada project was awarded through an internati
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GMR Infra starts two highway projects in AP, Karnataka
Commercial operations of the Hyderabad-Vijayawada section of the National Highway 9 and the Hungund-Hospet section of the National Highway 13 have been commenced by GMR Infrastructure. With the commencement of these, the group now has a portfolio of eight operating highways. The projects are expected to generate revenues in the range of Rs 75 lakh to Rs 80 lakh per day for the former and Rs 18 lakh to Rs 20 lakh per day for the latter.
The Hyd-Vijayawada project was awarded through an internati
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McNally Bharat gets contract
McNally Bharat Engineering has bagged a contract worth Rs 733 crore from ACC for construction and installation of a cement plant. The order comprises onshore supply, civil construction and installation & erection of New
Jamul Cement plant. The order has a contractual delivery period of 30.5 months, it said.
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McNally Bharat gets contract
McNally Bharat Engineering has bagged a contract worth Rs 733 crore from ACC for construction and installation of a cement plant. The order comprises onshore supply, civil construction and installation & erection of New
Jamul Cement plant. The order has a contractual delivery period of 30.5 months, it said.
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Pamban Bridge to be renovated
In Tamil Nadu’s Rameswaram, the famous Pamban Road Bridge, constructed across the sea connecting the Rameswaram Island with main land, is to be renovated at a cost of Rs 15.5 crore. The renovation of the 2.5 km long ‘Annai Indira Gandhi Bridge’, built in 1987, would be started next month, Ramanathapuram District Collector K Nandakumar said.