The finance ministry is preparing a draft note on making spectrum a tangible asset so that the airwaves can be considered as collateral by financial institutions for lending to telecom companies.
Author: admin (Infratructure Today)
Post
Post
MoRTH to try new technologies
To encourage adoption of new materials and technology in road construction, the Ministry of Road Transport and Highways (MoRTH) has formulated a policy where new technology can be adopted through pilot projects.
Post
Rs 3.3 lakh crore invested in 113 projects
Initial numbers flowing into the cabinet secretariat suggest that nearly 90 per cent of the investment in large projects, which were held up and have now been cleared, have materialised.
Post
L&T to construct Doha Metro project
Larsen & Toubro (L&T) has won a Rs 4,510-crore order from Qatar Railways Company for design and construction of the Gold Line of the Doha Metro project. The company has an order book of Rs 1.7-lakh crore and has given an order growth forecast of 15 per cent for 2013-14.
Post
IRB bags toll road order
IRB Infrastructure Developers has received 'letter of award' from the National Highways Authority of India for four laning the Yedeshi-Aurangabad section of NH-211 totalling about 190 km
Post
Lalitanjali Group to set up steel park in Vizag
Hyderabad-headquartered Lalitanjali Group, focused on strategies, industry entry planning, market research and raw material sources, is planning to set up the country's first steel industrial park in Visakhapatnam with an investment of Rs 650 crore, according to chief executive officer Rahul Rao.
Post
JSPL commissions Oman steel plant
Jindal Steel and Power (JSPL) has commissioned a 2 million tonne per annum integrated steel plant at Sohar in Oman with a total investment of $800 million. JSPL runs the facility, the third largest unit in Middle East and in the gulf region
Post
GMR to build airport in Philippines
GMR Infrastructure has made an upfront payment of 14.4 billion Philippine pesos (about $320 m) and signed the concession agreement to develop and operate the Mactan Cebu International Airport in the Philippines.
Post
Punj Lloyd to develop Libyan city
Punj Llyod has won Rs 3,254-crore contract for constructing infrastructure facilities in a Libyan city. The project involves design and construction of the storm and sewer network, water network,
Post
Vikram Solar’s mini grid
Vikram Solar has commissioned a 100 KW solar mini grid system at Bahal, Haryana. The mini-grid will help power six residential blocks consisting of 35 households in the village. These households have been connected at load end with auto changeover