The government will ask banks to sell their infrastructure portfolio to state-run Indian Infrastructure Finance Company (IIFCL) to free up funds and reviving a crucial scheme for long-gestation projects.
Author: admin (Infratructure Today)
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Global bids for Kochi ship repair yard
Having failed to rope in its neighbouring public sector shipyard, the Cochin Port Trust has decided to go in for a global tender to choose a partner for its proposed ship repair yard.
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Separate dept for IWT in west Bengal
Inland water transport (IWT) system in West Bengal will soon be carved out into a separate department.
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Coal transportation norms
Union Ministry of Environment and Forest (MoEF) is planning to reduce the distance of carrying the coal having more than 34 per cent ash content to the power plant from 1,000 km to 500 km from the pit-head.
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Draft telecom security policy
A telecom security policy mandating that at least 50 per cent of all 'core telecom network equipment' be indigenously developed or manufactured is being proposed.
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Power capacity grew
During the 11th Plan, 40,781 MW of power capacity has been added which is nearly double the capacity added in the entire Tenth Plan, Union Minister of Power Sushilkumar Shinde said.
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Power Grid's 1st 1,200-kV station in MP
Power Grid Corporation will launch a 1,200-kV ultra-high voltage (UHV) test station along with experimental lines in Bina of Madhya Pradesh in September.
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Gangavaram port new berths
Gangavaram Port wants to add to the port's capacity by constructing, at the earliest, four new berths - one fully mechanised coal berth and three other multi-purpose berths.
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Kalinga Port project
Adani Group's Rs 10,000 crore Kalinga Port project in Orissa is awaiting clearance from the Orissa state government.
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Nokia to expand Chennai facility
Nokia Siemens Networks has announced the expansion of its manufacturing facility in Oragadam near Chennai from 35,000 to 55,000 sq m and increase the number of product lines by five to 33.