Burdened with Rs 2.5 lakh crore of projects stuck due to paucity of funds and other reaĆĀsons, the Indian Railways plans to give itself a 'plan holiday' in announcing new projects in 2012-13.
Author: admin (Infratructure Today)
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SEBI's new takeover code
The Board meeting of SEBI held recently announced the new takeover code based on the report of the Takeover Regulations Advisory Com-miĆĀttee (TRAC) submitted earĆĀlier in July 2010.
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Pvt cos contribute 84% to power capacity addition
Projects funded by the private sector added 5,122 MW of more capacity in 2010-11, about 84 per cent of the target set by the commission, while power projects run by the Central government added only half of the targeted capacity.
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UMPP projects a huge draw
Tata Power, Larsen & Toubro, Adani and Vedanta are amĆĀong the 20 companies that have bid for the government's fifth ultra mega power project (UMPP) at Bedabahal in Orissa.
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Paradip coal berth project to begin in Sept
The work on coal and iron ore berths at the Paradip port, already delayed by two years, is expected to start in September.
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CIL to invest Rs 300 bn
Coal India (CIL) plans to invest about Rs 30,000 crore to augment its capacity over the next five years and the funds will be spent on new mining projects, washeries, machinery and equipment.
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ONGC to develop 50 gas fields
Oil and Natural Gas Corporation (ONGC) plans to invest about Rs 26,000 crore in putting 50 onshore and offshore fields on production, 49 through inhouse efforts and one through service contract.
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India to spend Rs 2.64 lakh cr on highways in 12th Plan
In the next five years, the Union government is expecting an investment of over Rs 2.64 lakh crore in the road sector, of which over 65 per cent will come from the private sector.
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Cost-effective road technology from IPPL
India Polyroads (IPPL) has introduced high quality polymer stabilisation products that make road construction more cost effective and time saving.
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Uniform revenue share for mobile companies at 8.5%
Telecom Commission has approved major policy changes, including a uniform revenue share for mobile phone companies at 8.5 per cent of their annual sales.