Maharashtra government was mulling over scrapping the Worli-Haji Ali sea link project, work on which is slated to start on 1 April.
Author: admin (Infratructure Today)
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KoPT, Railways connect project
Indian Railways and Kolkata Port Trust (KoPT) have decided to participate in a Rs 2,000 crore rail-road connectivity project for the proposed new port at Sagar Island.
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TRAI proposes new pricing for 2G
In a move that will put additional cost on mobile companies, the Telecom Regulatory Authority of India (TRAI) suggested that the Government should collect a one-time fee from operators with 2G spectrum.
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BUDGET MUST ADDRESS OBJECTIVES
Last year, roads and highways was the "happening" sector, with a lot of hype and commendable action. Against a target of national highways that turned out to be beyond ambitious, the National Highway Authority of India (NHAI) had only completed construction of 1,156 km by December 2010 at 4.28 km per day-way less than the targeted 7 km-per-day.
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Enviro ministry relaxes CEPI
The ministry of environment has agreed to relax the comprehensive environment pollution index (CEPI) moratorium allowing 16 projects of Coal India in seven coalfields to take off.
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Aban TO return drillship
Aban Offshore's joint venture, Venture Drilling, decided to redeliver its idle drillship Deep Venture so that it may reduce the maintenance cost on it and benefit from the resultant cash flow.
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Centre mulls OVER terminal
The government plans to build a mega container terminal that can handle four million twenty feet equivalent units (TEUs) of containers per annum at Chennai.
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Mosmetrostroy, Gammon JV to build tunnels, stations
Chennai Metro Rail has decided to award the last big construction contract of tunnels and seven underground stations along Anna Salai, to a joint venture company of Gammon India and Mosmetrostroy of Moscow.
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Min okays Rs 50,000 cr electric fund
In a move to help quicken the flagging pace of distribution reforms in the power sector, the Union Finance Ministry has approved the creation of a Rs 50,000 crore National Electricity Fund for attracting investment in this area.
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Siemens wins equipment contract
Siemens AG, Germany, and Siemens India consortium were awarded a Rs 305 crore contract for power supply and overhead equipment by Chennai Metro Rail.