The National Highways Authority of India (NHAI) is likely to spend at least Rs 9,000 crore in construction of two-and-half lane highways and this would be a breather to highway developers who were facing acute equity crunch.
Author: admin (Infratructure Today)
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India has small hydro projects with 19,750 mw potential
India has a capacity of about 19,750 mw of small hydro power projects, the Union Minister of New and Renewable Energy Farooq Abdullah said.
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Key railway PPP projects require Rs 800 bn
In order to implement various railway projects through PPP route, the sector may need investment of around Rs 80,000 crore.
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Alstom to build transmission line for Power Grid
A contract for Rs 2,800 crore from state-run Power Grid Corporation has been bagged by Alstom to build a 1,365-km transmission line from Chhattisgarh to Haryana
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L&T plans stake sale
Larsen & Toubro plans to sell stake in some of its port, road, power and metro rail projects to unlock shareholder value,
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Rs 200 cr for Pune airport
The Maharashtra government decided to set aside Rs 200 crore for the proposed international airport at Rajgurunagar in Pune district.
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Rs 80 cr for AP airport
For development of Rajahmundry Airport, the Andhra Pradesh Chief Minister N Kiran Kumar Reddy ordered administrative sanction of an additional amount of Rs 80 crore towards the land acquisition.
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U'khand small hydel projects
To bridge the widening demand-supply gap of power in the state, the Uttarakhand government decided to invite fresh bids for small hydel projects with a total capacity to generate 1,000-1,500 mw of power.
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GVK's rail project
GVK Group has tied up 75 per cent of land for the rail corridor of the $10-billion Alpha Coal Project in Australia and it expects to buy the balance 25 per cent land in the next one or two months.
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TRAI's green initiative on telecom towers
The Telecom Regulatory Authority of India (TRAI) recommendations on green energy applications have been approved by the Union Government.