Capt. Anoop Kumar Sharma has taken over as the Whole Time Director & CEO of Essar Shipping Limited (ESL). He has taken over from Ramakrishnan AR, Managing Director, ESL subsequent to his retirement on 31 March 2015.
Author: admin (Infratructure Today)
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Commissioning of Hyderabad Metro phase-I deferred
The commissioning of the first phase of 8-km stretch of the L&T Hyderabad Metro rail project will be taken up at a later date once this stretch touches the busy Secunderabad junction.
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Nine more cities to get Metro rail soon
The Centre is considering implementing Metro rail projects in nine cities at a cost of Rs 83,000 crore, according to Union Minister for Urban Development M Venkaiah Naidu.
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Centre should set up MRFC: E Sreedharan
E Sreedharan, who has been known for his role in development of Konkan Railway, Delhi Metro Rail and other rail related developments, suggested that the Centre should set up a Metro Rail Finance Corporation (MRFC) to arrange funding for the Metro rail developments in the country.
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NTPC Safety Officers Conference
KK Sharma, Director (Operations) and YV Rao, Executive Director (OS) inaugurated 28th Safety Officers´ Conference of NTPC. Heads of Safety from all NTPC projects, stations, joint ventures and regional safety co-ordinators from all regional head quarters participated in the conference
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Delays, cost overruns plague infrastructure projects
Four out of every 10 Central Government infrastructure projects are running behind schedule or have overshot original cost estimates, providing evidence of the heavy toll taken on project execution by delayed regulatory approvals, financial constraints and stalled land acquisition.
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Japan to extend Rs.2,760 cr loan for river projects
India has signed Rs 2,760 crore loan deal with Japan for the development of the second phase of the Rengali irrigation project in Odisha and cleaning of river Mula-Mutha in Pune, Maharashtra.
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GIDC to receive Rs.700 crore
Goa government has proposed to increase the budget of the Goa state infrastructure development corporation (GSIDC) to Rs 700 crore which is almost three times of the previous year.
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Rush-hour to restructure bad loans
Bankers moved to recast bulky loans in the January-March quarter ahead of a change in rules which will lead to restructured loans being categorized as bad loans, attracting a minimum provision of 15 per cent, mentioned a business news paper.
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Government amends norms for financial support to PPP
The Government has approved amendments to the Public-Private Partnerships (PPP) guidelines to enhance financial support to projects in infrastructure sector.