Private sector's role in infrastructure is poised for significant growth in the 12th Five Year Plan, possibly accounting for about 35-40 per cent of projected investment of $1 trillion, said JP Nayak, President, Larsen & Toubro.
Author: admin (Infratructure Today)
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Tax-free bonds of 4 firms
Government has allowed four firms to raise Rs 300 billion via tax-free bonds in the current financial year.
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Mundra lone bidder for chennai terminal
Chennai port's proposed third terminal has received only one price bid, from Mundra Port and Special Economic Zone (MPSEZ) as six groups backed out of the auction to build the Rs 3,686 crore facility.
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Four in race for Nargol port
Four leading corporate groups have remained in the race for developing Gujarat Maritime Board's (GMB) proposed greenfield port off Nargol village in South Gujarat.
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Non-major ports under Centre?
Keeping in mind the security issues being faced by India, the National Shipping Board (NSB) has sugÂgeÂÂsted that all the major and minor ports in the country should be brought under the control of Union Government.
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Mazagon Dock, Pipavav JV on hold
The Defence Ministry has decided to put on hold a joint venture (JV) between Mazagon Dock and Pipavav Defence and Offshore Ltd, saying it would wait till a policy on JVs is put in place by the govÂeÂrÂnÂment.
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RPower's Samalkot project
The 2,400 MW gas-based Samalkot power project of Reliance Power is gathering steam with all six turbines from US based GE arriving in India.
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Kerala's power plans
Kerala Government proposes to set up a 1,200 MW gas-based thermal power station at Cheemeni in Kasaragod district with an estimated cost of Rs 4,500 crore.
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PPP panel clears 5 projects
A high-level committee to approve public private partnership (PPP) projects cleared five infrastructure sector projects envisaging total investment of about Rs 7,000 crore.
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Coal for Essar Project
Essar Energy Plc said that it has been allotted a share of coal from the Amelia coal block by the Madhya Pradesh government. The coal will provide fuel to the company's Mahan I power project.