The Ministry of Railways has decided to constitute a Committee headed by Ajay Shankar, IAS (Retd.), former Secretary, Department of Industrial Policy & Promotion (Govt. of India) to review the existing Public Private Partnership (PPP) Cell in the Railway Board.
Author: admin (Infratructure Today)
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Cabinet approves formation of SPV to major ports
The Union Cabinet chaired by the Prime Minister, Narendra Modi, gave its approval for formation of a Special Purpose Vehicle (SPV) to provide efficient rail evacuation systems to Major Ports and thereby enhance their handling capacity and efficiency.
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Govt to fast-track Rs.90,000 cr power projects
The Centre has decided to fast-track 10 power projects worth Rs 90,000 crore planned by State-owned companies led by NTPC, which have been held up by land-related issues, identified in the Economic Survey as the biggest hurdle for stalled public sector investments.
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Adani plans Rs.20k cr clean energy park in Mundra
Adani Group plans to set up an Integrated Renewable Energy Park at Mundra in Kutch district, close to its port and SEZ. The park, if it comes into existence, would be the first of its kind and will need an investment of Rs 20,000 crore.
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NTPC to invest $10 billion in renewable energy projects
NTPC Limited plans to invest $10 billion to set up 10 GW of renewable energy capacity over the next five years. A large part of this capacity is expected in the form of solar power projects.
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Power plants falter on green regulations
A staggering 90 per cent of coal-based thermal power plants in India fare unsatisfactorily on the environmental front. While state-owned power generation companies are among the worst performers, plants owned by private firms have performed better on environmental and energy parameters.
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Coal auction proceeds to cross Rs.2 lakh crore
Proceeds from the ongoing coal block auctions are likely to cross Rs 2 lakh crore, surpassing CAGĆĀ“s estimate of Rs 1.86 lakh crore loss on account of the allocation of blocks without auction during the UPA regime.
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New power projects in NE regions
Blaming poor connectivity for under-development of the North East, Prime Minister Narendra Modi said the Centre was working in tandem with the states of the region to remove bottlenecks in development.
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J&K wants return of hydro-projects
J&K Deputy Chief Minister Nirmal Kumar Singh has said the two power projects mentioned in the common minimum programme of the PDP-BJP coalition will be reclaimed by the state government.
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L&T hopes to win 2 power plant contracts in FY16
Engineering major Larsen & Toubro expects to bag at least two thermal projects out of the 12 which are likely to come up for bidding over the next one year, a senior company official has said.