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Author: admin (Infratructure Today)

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Awarding of road projects

Awarding of road projects

A new mode of delivery under public-private partnership (PPP) mode, namely Hybrid Annuity Model, is being considered for awarding road projects for implementation, Pon Radhakrishnan, Minister of State for Road Transport & Highways, said.

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Sop on kerosene to end in three years

Sop on kerosene to end in three years

After decontrol of petrol and diesel, the government has chalked out a plan to usher in market-determined pricing for kerosene over the next two to three years. The stage is being readied for deregulating the poor man“s fuel as the government targets 24-hour electricity supply to all rural households under the Rs 44,000 crore Deendayal Upadhyaya Gram Jyoti Yojana by the end of 2017.

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100% stake sale cleared in BOT projects

100% stake sale cleared in BOT projects

The Cabinet Committee on Economic Affairs has amended its earlier approval dated May 13, 2015, for permitting 100 per cent equity divestment after two years of construction completion for all BOT projects, irrespective of year of award.

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State has failed in power generation: Karandlaje

State has failed in power generation: Karandlaje

MP Shobha Karandlaje has accused the Karnataka state government of failure to increase power production and ensure its proper distribution.“Even though parts of the state face drought, farmers have to bear the burden of power shortage as well. The problem could be solved only if the state became self-reliant in power production.

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Rs.200-cr corpus for steel tech mission

Rs.200-cr corpus for steel tech mission

A corpus of over Rs 200 crore has been created for setting up of the Steel Research and Technology Mission of India (SRTMI), with the objective of making India self-reliant in special steels and making the country a metallurgical hub.