Within the next two months, Odisha government may renew the memoranda of understanding (MoU) signed with seven independent power projects (IPPs) earlier. The state government decided to renew these agreements as they expired recently. Specifically, the state government may renew MoUs with GMR Kamalanga Energy, Jindal India Thermal Power (JITPL), Mon
Author: admin (Infratructure Today)
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Govt admits slow progress in road building due to its own hurdles
Delays in environment and forest clearance and land acquisition have contributed a lot in causing slackened progress in road building. The Parliament was informed on April 25. The progress of construction of National Highways has been slow due to several problems such as land acquisition, shifting of utilities, environmental and forest clearance, as well as manpower and economic slowdown, Union Minister of State for Road Transport and Highways Tushar A Chaudhary said in the Rajya Sabha.
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Govt clears 2 National Highway projects in Rajasthan
The Union government approved two highway extension projects in Rajasthan involving investments of Rs 713 crore with assistance from the World Bank. A press release from the Ministry of Road Transport and Highways said that government has approved a proposal for rehabilitation and upgrading of two stretches of National Highways in Rajasthan under Phase I of National Highway Interconnectivity Improvement Projects (NHIIP) with World Bank loan assistance.
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Govt takes initiative to electrify tribal areas
The Union government has taken several steps for effective implementation of Rajiv Gandhi Grameen Vidyutikaran Yojana (RGGVY). As part of the steps, the
government has set up an inter-Ministerial Monitoring Committee under chairmanship of Secretary (Power) which periodically meets to sanction projects and review progress of implementation.
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Jharsuguda airport to be expanded in 119 acres
For expansion of Jharsuguda airport, the Odisha government has asked the Jharsuguda district collector to identify 119 acre of land there. In a letter to the district collector, the government last week stated that the land should be identified according to the demand and revised master plan of the Airports Authority of India (AAI) for expansion of Jharsuguda airport, spread over 909.22 acre.
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Govt fixes Solar Mission Phase II tariff at Rs 5.45 a unit
According to the ĂâDraft Guidelines,Ăâ released by the Union Ministry of New and Renewable Energy, it proposes to fix a tariff of Rs 5.45 per kwhr for solar power projects that would be awarded under the Phase II of the National Solar Mission. The Draft Guidelines released on April 22. Those who want to put up solar power projects will now be asked for bid for Ăâviability gap fundingĂâ that would be given by the government.
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Bihar leads in policy on renewable energy: Report
Greenpeace has released its assessment report on Renewable Purchase Obligation (RPO) titled Powering Ahead on Renewables: Leaders and Laggards', which ranks all the states on their performance in renewable energy supply and calls for revision of RPO mechanism based on equity principle. Bihar takes the lead on a constructive policy on renewable energy, the report said.
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Noida Authority opens 1st bridge to tide over traffic chaos
Noida Authority has wrapped up the widening work of the first of the five bridges on Shahdara drain between Film City and Mahamaya Flyover. On April 22 one of the carriageways of the bridge was opened to traffic. With this its a relief to thousands of commuters who travel to Noida-GreaterNoida from the DND Flyway and from east Delhi.
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RBI liberalises overseas investment norms for state-run oil firms
Reserve Bank of India (RBI) allowed state-run oil explorers to invest in their incorporated overseas entities without any limits under the automatic route. It may be recalled that earlier, the navratna public sector undertakings (PSUs) like OVL and OIL were allowed to invest in overseas unincorporated entities only. But the central bank liberalised the existing norms to enable these firms to invest in the incorporated JV/WOS in oil se
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RIL may invest Rs 1.5 trillion in core businesses
Media reports indicate that the various businesses of Reliance Industries (RIL) may get Rs 179,000 crore investment in the next five years. Of the total amount, the firm may invest about Rs 151,000 crore towards core oil, gas, refining and petrochemical sectors in the next five years; the rest would go towards the t