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Author: admin (Infratructure Today)

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Timor-Leste to Develop Port

Timor-Leste to Develop Port

The Government of Timor-Leste (GoTL) is seeking to develop Tibar Bay Port. It is planning to invite private sector participation to enter into a PPP arrangement for the project.

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China wants India to invest in Shenzhen

China wants India to invest in Shenzhen

Indian industries are accustomed to Chinese imports, but a call to Indian investors to "come to Shenzhen"-a leitmotif at a recently held seminar in Mumbai-reminded them of the power of market forces. With a GDP of $200 billion and a per capita GDP of $20,000, the city of Shenzhen offers a dream-come-true story of growth and success.

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Cabinet for large project approvals

Cabinet for large project approvals

Union cabinet may consider approval for several large”-sized infrastructure projects, costing at least Rs 1,000 crore, to ensure expeditious clearances. Union finance ministry is learnt to have sought specific comments from the concerned ministries on pending approvals.

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Coal banking referred to law ministry

Coal banking referred to law ministry

The proposal of coal banking arrangement, which was mooted by the Association of Power Producers (APP), has been referred to the Union Law Ministry for its opinion. According to APP, this could increase the do”m”es”tic supply and thereby reduce imports.

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WB gives facilitation for mega projects in new policy

WB gives facilitation for mega projects in new policy

The new Industrial Policy 2013 of the West Bengal government is to offer facilitation for mega projects. Even the state industry praised the waiver of stamp duty and other business friendly measures announced in the policy. The Bengal Chamber of Commerce and Industry president Kallol Datta said that it is a forward looking and pragmatic policy.

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Assams New indl policy

Assams New indl policy

A new industrial policy is in the offing to enhance the economic development of Assam, said the State Chief Minister Tarun Gogoi. The policy is to be implemented from October, he added. Gogoi said that the Assam government is focusing on employment generation through rapid economic development and industrialisation

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Land transfer to metro rail firms

Land transfer to metro rail firms

The Union Cabinet recently approved the proposal for treating 50:50 joint ownership metro rail companies like DMRC at par with CPSUs for transfer of land. This will allow to transfer/alienation of land including defence land to metro rail companies having 50:50 partnership between the Government of India

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Report on PPP policy in coal mining

Report on PPP policy in coal mining

By December 2013, government expects a nine-member panel to submit report on devising public-private-partnership (PPP) framework in the coal mining sector. In March 2013, the government set up the panel under the chairmanship of Coal Secretary SK Srivastava to devise PPP framework

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Initiative for speedy nod

Initiative for speedy nod

An Empowered Group of Ministers (EGoM) has been constituted to quickly resolve infrastructural issues and to ensure speedy implementation of power projects in the north-east. The Minister of State (I/C) for Power, Jyotiraditya Scindia said that 94 power projects are pending due to want of clearances in various ministries.