The Andhra Pradesh government has permitted its Andhra Pradesh State Road Transport Corporation (APSRTC) to enhance the toll plaza user fee being collected from bus passengers on national highways with immediate effect. The Corporation will now collect Rs 4 from passengers of Pallevelugu and Express buses; Rs 5 from Deluxe and Super Luxury, Indra and Garuda buses; and Rs 6 from Garuda Plus (Multi Axle) and Vennela passengers with immediate effect, it is learnt.
Author: admin (Infratructure Today)
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Three bridges opened to public in Srinagar
The Jammu and Kashmir government on May 29 threw open three bridges constructed to smoothen traffic mobility in Srinagar. The State Minister for Roads and Buildings Abdul Majid Wani dedicated the bridges to people of the Valley on the national highway bypass connecting Pantha-Chowk with Baramulla national highway, incurring a cumulative amount of Rs 26.75 crore.
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Govt may take back navaratna tag from SCI
With the Shipping Corporation of India (SCI) announcing loss for two consecutive years, it may lose the coveted navaratna status, which is given to only profit-making state-run companies. It may be noted that the loss of the firm stood at Rs 428.2 and Rs 114.3 crore in 2011-12 and 2012-13 respectively
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Odisha govt seeks status of end-use plants
The mining department of Odisha government asked the developers of Rampia and Mandakini A coal blocks to submit status of the end-use power plants. The above two blocks are allotted to captive miners who are developing power plants. While Rampia coal block is allotted jointly to Sterlite Energy, GMR Energy, ArcellorMittal India, Lanco Group, Navbharat Power and Relia
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AP govt to ask centre to allot Rs 220 bn for JNNURM-2
Andhra Pradesh Chief Minister N Kiran Kumar Reddy said he would ask the central government to allot Rs 20,000 crore under Jawaharlal Nehru National Urban Renewal Mission-2 (JNNURM-2). Reddy is learnt to have discussed this at a meeting of the state-level steering committee (SLSC). The centre may launch the
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Govt to put checks on airfare pricing
On its policy of unbundling airfares, the Union government is planning to prescribe dos and don'ts to the airlines, which allows separate charges for preferred seats, extra baggage, meals-on-board and other such services. In its present shape, the policy has left both airlines and passengers dissatisfied. While airlines, which were hopeful of an additional revenue stream with unbundled fares, are complaining of government interference, passengers, on the other hand, think it is just a way of fle
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NHAI’s plea to govt for recast of premium payment
National Highways Authority of India (NHAI), IndiaĂâs nodal road development agency, has warned that almost Rs 98,000 crore of premium revenue from highway builders is in jeopardy after its proposal to reschedule the premium payments due from road developers was turned down by the Union Law Ministry.
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KEA tells JK govt to take power projects back from NHPC
Kashmir Economic Alliance (KEA) on May 29 criticised the State government for its failure to take power projects back from the National Hydroelectric Power Corporation (NHPC). Urging government to take back all the NHPC run power projects, KEA said the state water resources were used by other states while Kashmir was reeling under major power crisis.
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Future plans to repay Rs 1.1 bn loan
G Dasaratha Reddy, Managing Director of Future Financial Services informed that the microfinance institution (MFI) plans to repay Rs 110 crore of loans restructured in 2011 and it is discussing the same with banks. If the plan materialises, this would be the first MFI in the country to opt out of corporate debt restructuring (CDR), nearly two years after it agreed to the exercise
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Proposed port project in AP faces road block
Media reports indicate that the proposed major port project at Dugarajapatnam of Vakadu mandal in Andhra Pradesh may not take off because of complications in the identified site. A technical committee that studied the project objected the Dugarajapatnam location keeping in view the reservations expressed by the Isro scientists as well ecologists as it was close to the Pulicat Lake, a reserved bi