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Author: admin (Infratructure Today)

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Neyveli Lignite to set up 600 MW solar power capacity

Neyveli Lignite to set up 600 MW solar power capacity

Public sector lignite mining and power generating company, Neyveli Lignite Corporation (NLC), has plans to set up units producing 600 MW solar power. The company has been recently looking at solar and wind, besides, coal as options of fuel, with plans to take total power generation capacity to 12,221 MW from its current 2,740 MW.

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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.