Centre will allocate Rs.2 lakh crore to Gujarat for the development of roads and ports during the next three years, Union Minister Nitin Gadkari has said.
Author: admin (Infratructure Today)
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Firms keen on InvIT want clarity
Infrastructures developers such as IRB, GMR and IL&FS are keen to launch their infrastructure investment trusts after SEBI announced guidelines last week, but may hold their plans for more clarity on disclosure and accounting norms.
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Jaypee Infra defaults on loans
Jaypee Infratech announced it had defaulted, for the first time, on interest payments to Indian banks of Rs.193 crore and of Rs.300 crore to Life Insurance Corporation of India in repayment of principal.
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Bids for Navi Mumbai airport
CIDCO has invited financial bids for the proposed Navi Mumbai airport, the financial stage before the much-delayed project is awarded, according to news reports.
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Safety First, (High) Speed Later
Our performance in Railway safety has not been very good. Accidents happen with regularity, and fatalities mount. Railways have a very well-oiled system of relief rrains, enquiries and compensations
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SunEdison, Adani miss March 31 commissioning deadline in TN
Some projects of SunEdison and Adani Power, both of which are building solar projects in Tamil Nadu, have technically missed the March 31 deadline for commissioning.
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Coal ministry to allot five mines to power utilities
The Coal Ministry has identified five coal mines for allocation to state-owned power utilities in an effort to smoothen power supply
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Percentage of RE in power generation
As per information from the Central Electricity Authority, the percentage share of renewable energy in total power generation increased from 4.97 per cent in 2012-13 to about 5.7 per cent by February 2016.
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Make ´serious effort´ to achieve RE target, panel says
A Parliamentary panel has asked the New and Renewable Energy Ministry to make a ¨serious effort¨ to achieve its renewable energy addition target of about 30 GW
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CIL trade union opposes investments
As Coal India plans to ramp up production with investment in hi-tech machines, a trade union has denounced the move.