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Author: admin (Infratructure Today)

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Poonamallee road in Chennai to get wider bridge

Poonamallee road in Chennai to get wider bridge

The Tamil Nadu Highways Department plans to build a new and wider bridge across the Cooum near Ampa Skywalk on Poonamallee high road at a cost of 8 crore. The new bridge will be broader than the road and make traffic flow smoother. The Highways Department has floated tenders for the construction of what will be the third 'high level bridge' over the river. The bridge, at road level, will be at a height of 9.5 m from the riverbed and will be 47 m long.

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IRB, SBI Macquarie may buy full stake in road projects

IRB, SBI Macquarie may buy full stake in road projects

GMR InfrastructureÂ’s Farukhnagar-Jadcherla highway project, Shapoorji-PallonjiÂ’s Ulundurpet-Padalur stretch, and MVR InfraÂ’s Omallur-Salem-Namakkal road project will see a change in ownership soon. New investors have acquired a 74 per cent stake in these projects. Following the Cabinet Committee on Economic Affairs decision to relax exit norms for existing promoters, the new investors will now look to buy the entire stake.

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UP faces fund shortage for its rural road project

UP faces fund shortage for its rural road project

The Uttar Pradesh government had earmarked Rs 2,125 crore for construction of roads under the Ram Manohar Lohiya Samagra Vikas Yojana in 1,598 villages in 2012-13. But now the government has scaled down the amount to just Rs 391 crore because of lack of funds, said a senior official in the State Panchayati Raj Department. And even out of the 391 crore, only Rs 100 crore has actually been released for the purpose so far, said the official.

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Govt targets TN’s hospitality sector to promote solar power

Govt targets TN’s hospitality sector to promote solar power

In Tamil Nadu, the Union Ministry of New and Renewable Energy (MNRE) is now targeting hospitals and hospitality sectors to promote solar energy as an alternative. To demonstrate this, the Union government partnered with the United Nation Development Program (UNDP) and Global Environment Fund (GEF) to conduct programmes based on solar power for market development.

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Plea for solar energy policy in Kerala

Plea for solar energy policy in Kerala

A group of social, environmental and human rights activists, led by VR Krishna Iyer, has urged the Kerala government to formulate a ‘people’s solar energy policy’ in view of the declining power availability and rising power bill in the State. The activists – who included Sugatha Kumari, Sara Joseph, M Geethanandan, CK Janu and CR Neelakandan – pointed out that the UDF had an open-door policy for private players in the renewable energy field.

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UN raises concern on PPP projects in India

UN raises concern on PPP projects in India

According to a report by the United Nations (UN), public private partnership (PPP) projects in India do not necessarily lead to improved disaster risk assessment and management, and they may underplay disaster risks or lead to their transfer as shared costs to the public sector or to city residents. The international agency said this in its Global Assessment Report (GAR) on disaster risk reduction. The 2013 GAR study on disaster risk reduction is the third biennial report coordinated by the UN's

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Cairn India to invest $3 bn in Rajasthan asset till 2016

Cairn India to invest $3 bn in Rajasthan asset till 2016

Between 2014 and 2016, Cairn India has planned a net capital investment of $3 billion in its Rajasthan oil and gas field, Chief Executive P Elango said in the company's annual report. By March 2014, Cairn India aims to raise crude oil production from the Rajasthan asset by as much as 23 per cent to 215,000 barrels per day

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RGPPL shuts operation in Dabhol power plant

RGPPL shuts operation in Dabhol power plant

Since June 6, the 1,967 mw-Dabhol power plant in Maharashtra has been closed owing to lack of natural gas. Ratnagiri Gas & Power (RGPPL), which owns the plant, is demanding gas linkage for the plant in order to restart generation. This is the second time the project remains shut after April 2013, Between February 21 and April 2, the plant remained closed because of a lack of gas supply.
Gene

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OIL to set up subsidiary for foreign operations

OIL to set up subsidiary for foreign operations

In the next few months, state-run energy explorer Oil India (OIL) may set up a foreign arm for exploration and acquisition of hydrocarbon assets abroad, thereby becoming the third state-run oil company to have a dedicated subsidiary for foreign operations. OIL now has presence in countries like Sudan, Libya, Venezuela, Egypt, Timor Leste, Yemen, Nigeria, Iran, the US and Gabon. In Gabon and Libya, it is the main operator of its blocks