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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South Delhi civic body to set up waste-to-energy plant
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. The SDMC standing committee has approved the project under which 1,200 metric tonnes (MT) of waste would be utilised to generate 15 MW power, which would be sold at Rs 5.5 per unit to earn revenue of Rs 57.81 crore per year, it said.
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Lone Star, IL and FS to invest in stressed infrastructure 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 maintains negative outlook on infra sector
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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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.
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APM Terminals Pipavav welcomes one of the largest RoRo carriers
APM Terminals Pipavav has welcomed the Hoegh Tracer, one of the worldĂâs largest pure car and truck carriers (PCTC), and the largest to ever call on an Indian port. At 14 decks high, the Hoegh Tracer has a capacity of 8,500 vehicles, and loaded 1,700 cars at Pipavav for export delivery on the Hoegh Middle East, India and Africa (MIAF) Service.
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Plastics processing industry poised to grow CAGR of 10.5percent till FY20
A knowledge and strategy paper on ĂâSustainable Infrastructure with PlasticsĂâ has been released at the national conference organised by FICCI jointly with Department of C&PC, and Organization of Plastics Processors of India (OPP) at the FICCI headquarters in New Delhi.
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Simplified laws and regulations spur Chinese companies interest in 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 governmentĂâs determined stance to attract FDI.
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Demonetisation pulls stakeholder’s sentiments for Q4 to a new low
Knight Frank, a leading independent global property consultancy, has released its Sentiment Index
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Bahri expands India presence with new Mumbai office
Bahri, a global leader in logistics and transportation, has opened a new office in Mumbai to strengthen its presence in the fast-growing Indian maritime industry and lay the foundation to offer diverse shipping services to domestic customers.