Ansal Properties and Infrastructure has revived its plan to develop a 75-acre IT special economic zone (SEZ) in Greater Noida and will invest about Rs 130 crore over the next three years on construction. The IT SEZ was notified by the Commerce Ministry in 2006.
Author: admin (Infratructure Today)
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CIDCO to extend deadline to respond to RFQs
CIDCO, the nodal body overseeing the planned Navi Mumbai airport project, plans to extend the time for companies to respond to the request for qualifications (RFQs) for the project by more than a month. The date has been extended to 30 July from 18 June.
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Aranmula airports green nod cancelled
The National Green Tribunal's verdict cancelling the environmental clearance given to the KGS Group to build the country's first private international airport at Aranmula is a huge setback for the company as well as Kerala government.
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Diamond rail link may tap sovereign funds
The new government's big infrastructure project idea of a 'diamond quadrilateral railway project' to connect all the four metropolitan cities with high-speed rail, could mean a tapping of sovereign wealth funds to finance the mammoth cost, estimated to be at least Rs 12 lakh crore.
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Priority to critical rail links to carry coal
The new Union government will accord high priority to implementation of three critical rail links, a move that will ensure transportation of 300 million tonnes (MT) of additional coal amid shortages faced in the country. The three rail corridors are: Tori-Shivpuri-Kathotia.
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New Rail Ministers
Devaragunda Venkappa Sadananda Gowda has assumed charge as the new Union Minister of Railways at Rail Bhawan on 27 May 2014. Gowda was the 20th Chief Minister of Karnataka. Manoj Sinha has taken over as new Minister of State for Railways.
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New ministers for road transport and shipping
Nitin Gadkari has taken charge as the Union Minister for Road Transport and Highways and Shipping. On the occasion, the minister said efforts will be made
in a transparent manner to give fillip to infrastructure development under his ministry.
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ER achieves record freight loading
Eastern Railway (ER) has set a record in freight traffic by loading 62.558 million tonnes in 2013-14, which was 3.73 per cent higher than the previous year. This was stated by RK Gupta, General Manager, Eastern Railway. Speaking on the occasion of the 59th Railway Week, Gupta highlighted the performance of ER during 2013-14.
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Major changes in rail sector
Railway Minister DV Sadananda Gowda intends to bring major changes in the railway sector and he would focus on the 'four S': safety, service, security and speed. PM Narendra Modi has already proposed bringing in speed trains and bullet trains, he said.
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Reforms for civil aviation sector
Modernisation of existing airports and development of low-cost airports to promote air connectivity, particularly to remote and regional areas, is expected to get a boost under the new government. This may include awarding management contracts at six major airports to private sector players and development of 50 low-cost airports on a fast-track basis.