For the stake sale of Haldia Petrochemicals (HPL), final price bids are expected to be submitted by mid September, according to officials with direct knowledge of the matter. Earlier, West Bengal government, which holds about 40 per cent stake in eastern IndiaÂ’s biggest petrochemical company had said it will select the final bidder by end of September. That looks almost impossible as bidders had raised issues with the share purchase agreement.
Category: ECONOMY & POLICY
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Maharashtra mulls EPC model for Rs 93.6 bn project
Media reports indicate that the Maharashtra government considers a proposal to award the Rs 9,360-crore Mumbai Trans Harbor Link project on engineering procurement construction (EPC) model. The state government is considering EPC model after three failed attempts to award it under build operate-tran
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Price of sponge iron set to rise further
Rising demand for sponge iron may put upward pressure on the price of the steel-making raw material, reports indicate. Demand for sponge iron has increased after steel companies started using this in a greater quantity in place of steel scrap
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Thus spake the industry
The land acquisition bill would lead to further holding up of the infrastructure projects where many projects are already languishing due to the failure of authorities to acquire the necessary land for development.
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Maintaining workflow
Implementation of ERP system for construction businesses actually unzips many of the complexities and maintains the work flow of the firm. Sudheer Nair elaborates.
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Managing risk in infrastructure projects
Frequently, major projects and investments are only possible if insurance cover is available, but infrastructure project suffer from risks that are not covered. Easwara Narayanan M explains the types of general insurance available to the industry.
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Risk identification for effective insurance
The risk identification process identifies and classifies the various risks that could affect an organisation. Its endeavour is to list the risks and the likely impact which can then be tracked all along.
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Assams New indl policy
A new industrial policy is in the offing to enhance the economic development of Assam, said the State Chief Minister Tarun Gogoi. The policy is to be implemented from October, he added. Gogoi said that the Assam government is focusing on employment generation through rapid economic development and industrialisation
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132 solar projects under JNNSM commissioned
Under the Jawaharlal Nehru National Solar Mission (JNNSM), out of a total of 159 grid-connected projects with 1,152 MW, 132 projects of 627 MW capacity have been commissioned within their scheduled commissioning date (SCOD), according to governemnt estimates.
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Maharashtra mulls EPC model
The Maharashtra government considers a proposal to award the Rs 9,360-crore Mumbai Trans Harbor Link project on engineering procurement construction (EPC) model. The state government is considering EPC model after three failed attempts to award it under build-operate-transfer (BOT) route.