Union Power Minister Piyush Goyal has sanctioned Rs 1094.10 crore for augmentation and strengthening of electricity supply in Jammu and Kashmir under two different Centrally Sponsored Schemes, which were meant separately for rural and urban areas of the state.
Author: admin (Infratructure Today)
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New energy plant to come up in Delhi
The South Delhi Municipal Corporation (SDMC) has said that it plans to set up a waste-to- energy plant at Tehkhand at a cost of Rs 351 crore.
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ABB India to deliver digital substation
ABB India will deliver a 110 kilovolt (kV) digital substation to Technopark, the largest Information Technology (IT) park in India, based on built-up area, located in the southern state of Kerala and spanning an area of 930,000 square meters.
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Centre agrees to pay Rs.6,320 crore as oil royalty to Assam
The Centre has agreed to pay Rs 6,320 crore to the Assam government as crude oil royalty as part of an out-of-court settlement after eight years of protracted legal battle. The amount will be paid by the Central government to the Assam government over a
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Simplified laws and regulations spur Chinese investing in India
The interest of Chinese companies in investing in India has enhanced significantly following the simplification of laws and regulations and the Indian government's determined stance to attract FDI.
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Jain Irrigation Systems to raise $75 million via FCCBs
Jain Irrigation Systems Ltd plans to raise up to $75 million through foreign currency convertible bonds (FCCBs), mainly for redemption of existing bonds.
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Northern Coalfields ratifies buyback
Coal India has said that the Board of its subsidiary Northern Coalfields has approved a share buyback plan worth Rs 1,244 crore.
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Lone Star to invest in stressed projects
Private equity firm Lone Star has joined hands with IL&FS to invest in struggling Indian infrastructure projects. The tie-up will have an investment corpus of $550 million, which could result in asset purchases of up to $2.5 billion, according to the partners.
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India Ratings stays negative on infra
India Ratings and Research agency has maintained a negative outlook on the infrastructure sector for FY-18, with varied outlooks on individual sectors.
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Industry urged to make sustainable plastics for developing infrastructure
Railways Minister Suresh Prabhu has underlined the need for developing sustainable infrastructure and creating opportunities for moving to the next level of a sustainable paradigm.