Development of quality roads is one of the priority area identified by Bruhat Bangalore Mahanagara Palike (BBMP). They are making an all out effort to develop quality roads in the city by laying six inches of concrete (white-topping) on the existing road surface.
Author: admin (Infratructure Today)
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Govt identified 3 blocks for Coal-to- Liquid projects
In order to develop coal liquefaction or coal-to- liquid technology, three coal blocks viz. north of Arkhapal, west of Radhikapur and Ramchandi promotional would be developed. These blocks, which have about 1,500 million tonne of geological coal reserves each, were identified by the Ministry of coal in consultation with Coal India (CIL) and central mine planning & desig
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Govt may relax ECB norms
After holding consultation with Indian companies, especially in the infrastructure sector, the government may relax guidelines for accessing funds through external commercial borrowing (ECB), media reports indicate. Under the ECB route, borrowers can raise dollar-denominated loans directly from international banks, international capital markets, multilateral financial institutions such as International Finance Corporation and
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Govt may relax ECB norms
After holding consultation with Indian companies, especially in the infrastructure sector, the government may relax guidelines for accessing funds through external commercial borrowing (ECB), media reports indicate. Under the ECB route, borrowers can raise dollar-denominated loans directly from international banks, international capital markets, multilateral financial institutions such as International Finance Corporation and
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Mfin discussing future course of action
Microfinance Institutions Network (Mfin), the industry body of microfinance firms, is discussing the future course of action to tide over the huge debt burden haunting the sector. Earlier, Reserve Bank of India (RBI) rejected Mfin's request to restructure the loan repayment of five heavily indebted microlenders under the corporate debt rest
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Finance Minister backed higher gas price: Oil Ministry
The Union Petroleum Ministry has expressed surprise at the Finance Ministry's suggestion of restricting the impact of the gas price hike under the new policy, saying North Block had not once, but twice backed the plan during consultations. The letter from the petroleum ministry sent a few days ago will put the finance ministry in a fresh spot of bother as it was seen to be distancing itself from a decision of the Cabinet that is facing criticism.
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Mormugao Port takes steps to attract diversified cargoes
Mormugao Port Trust is taking steps to attract cargoes other than iron ore in order to ramp up its revenue, which took a hit following the decline in iron ore export. Over 80 per cent of the total traffic at the port consisted of iron ore export cargo till the mining ban in Goa affected shipment of the raw material
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Icra optimistic on cargo growth outlook at Indian ports
A report by rating agency Icra said cargo growth outlook for ports in India continues to be strong over the medium- to long-term driven by the rising coal requirement. But the report warned that major ports would continue to suffer from issues on capacity and efficiency because slow pace of project
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Kochi Port can become bunkering hub
Kochi Port has various advantages in offering bunkering service to ocean-going ships such as high-quality bunkers, pipeline jetty loading facility for supply to ships at outer sea, a top official of HPCL said. The port offers competitive rates among South Asian ports, lowest tax rates for bunkers to foreign vessels besides offering easy access to ancillary mari
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India to build rail lines along its borders at Rs 80,000 cr
The Union government has completed survey on 10 key proposed railway lines for which most of the funding likely to come out of the railway budget. The government is preparing a Rs 80,000 crore plan to build the railway lines along India's strategic frontiers. Working in tandem railways and the military have identified certain lines that must be given priority in construction. The strategic lines include the Srinagar-Kargil-Leh railway line. It will cover a distance of more than 400 km cutting b