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Author: admin (Infratructure Today)

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DMRC awards Rs 3.8 bn contract to Era Infra for Kochi project

DMRC awards Rs 3.8 bn contract to Era Infra for Kochi project

Delhi Metro Rail Corporation (DMRC) awarded a Rs 383.7 crore contract to Era Infra Engineering (EIEL) for the construction of elevated viaduct, five elevated stations at the Kochi Metro Rail corridor in Kerala. The contractor is also responsible for architectural finishing, plumbing works of stations on Alwaye-Petta line of Kochi Metro Rail Project. EIEL is an integrated infrastructure company with its presence across the country

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Panel proposes 50% funding from centre for metro project

Panel proposes 50% funding from centre for metro project

Uttar Pradesh government-appointed panel has proposed to implement the Rs 1,800 crore metro rail project in Lucknow by securing 50 percent funding from the central government. The state government appointed a high-level committee headed by Chief Secretary Jawed Usmani to work out the details of the project

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Govt’s new gas policy may bring an end to power woes

Govt’s new gas policy may bring an end to power woes

The Union government has taken initiative to generate power from gas-based power projects. With this, an end to the power woes is expected in the country. The government is expected to take several major administrative decisions this month, which will give a new lease of life to around 26,800 mw of stranded and ready-to-be commissioned gas-based power projects. The Cabinet Committee on Investment (CCI) is expected to give a go-ahead for according priority to gas allocation for the power sector,

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Minister seeks funds from centre for civic amenities

Minister seeks funds from centre for civic amenities

Delhi Urban Development Minister Arvinder Singh Lovely is in favour of vertical expansion of the city provided the union government financially supports the development of required infrastructure. Speaking to a media agency, Lovely said there is a need to strengthen basic services like drainage, water supply and power distribution network to allow vertical expa

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Odisha CM wants Posco to begin work on project

Odisha CM wants Posco to begin work on project

Odisha Chief Minister Naveen Patnaik has reportedly asked Posco India to begin work on the much-delayed 8 million tonne per annum (mn tpa) steel project in Jagatsinghpur district. However, the Indian arm of the South Korean steel maker faces two key problems for the proposed steel project. They are land and environment clearance

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Ministry may float fresh tender for procuring ethanol

Ministry may float fresh tender for procuring ethanol

Media reports suggest that the union petroleum ministry may float fresh tender to attract domestic suppliers of ethanol for blending with petrol. The ministry decided to float a fresh tender because the earlier tender, which invited global suppliers, could not be successful as the bidders were demanding exorbitant rates for the biofuel

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Minister wants to reduce crude oil import

Minister wants to reduce crude oil import

Union Petroleum Minister Veerappa Moily said he wants to reduce the amount of crude oil imported in the country 50 percent by 2020, 75 percent by 2025. By 2030, he wants India to achieve self-sufficiency and energy independence, Moily said while addressing the International Energy Forum conference held recently

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Finance ministry to decide on oil ministry’s proposal

Finance ministry to decide on oil ministry’s proposal

Union finance ministry will decide on the proposal of petroleum ministry to use Rs 1,000 crore from the the Oil Industry Development Board (OIDB) fund for setting up a proposed insurance fund. The oil ministry proposed to set up a fund to provide insurance to local refining companies that use Iranian crude oil as re-insurance companies from West

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Proposal to revise gas price on quarterly basis

Proposal to revise gas price on quarterly basis

Union oil ministry is in favour of revising the price of natural gas on a quarterly basis as against the monthly revision suggested by the Rangarajan Committee. The ministry feels that the government may have to rely on limited sources for computation of the price if it is notified every month. This is because the ministry has to accommodate and reconcile price data from multi