In order to enable power plants to pass on the rise in the cost of imported fuel to end consumers, the Cabinet Committee on Economic Affairs (CCEA) may clear the fuel pass through mechanism.
Author: admin (Infratructure Today)
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NHAI makes a case for premium rescheduling
For the proposal of road projects' premium rescheduling, the National Highways Authority of India (NHAI) has put up a few broad points. First, the proposal neither adversely impacts the net revenue implication for the NHAI over contract period of project,
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Govt removing hurdles in road projects
The Cabinet Committee on Investment (CCI) was informed that some of the bottlenecks identified by the Ministry of Road Transport and Highways (MoRTH) for the fast-track implementation of National Highways Development Project
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Ministry studies models proposed by Plan panel
Union coal ministry is studying two-three models proposed by the finance ministry and the Planning Commission for carrying out coal mining projects on the public-private partnership (PPP) mode.
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Clarity on lease tenure
Oil and gas exploration companies are seeking clarity from the government on the tenure of leases issued under the existing production-sharing contracts (PSCs). Following this, the government set up an inter-ministerial committee led by the Union oil ministry.
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Coal regulatory bill
The Cabinet Committee on Economic Affairs (CCEA) would decide on clearing the draft coal regulatory authority bill in a month as the bill received the approval of the Group of Ministers (GoM)
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Ambiguity on FDI policy
Government is reportedly working on removing ambiguities in the definition of foreign direct investment (FDI) and foreign institutional investment (FII) and it is expected to issue clarification on the same.
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Civil nuclear pact
India and Japan agreed to speed up talks on a deal to allow Japan to export nuclear plants and to strengthen security cooperation as both countries keep a wary eye on China's military clout.
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PM asks SEBI to support fund flow to infrastructure
Securities and Exchange Board of India (SEBI) received a request from Prime Minister Manmohan Singh to promote infra debt funds (IDFs) in order to boost funding to the infrastructure sector.
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Ministry wants banks to ease land norms for road projects
Banks have been asked by the union finance ministry to disburse loan to road projects developers who have acquired 80 per cent of the required land instead of the existing norm of 100 per cent.