The Railway Board has finally cleared Railway Vikas Nigam’s proposal to undertake doubling of the 335 km route from Hospet in Karnataka to Thenaighat in Goa.
Category: Infrastructure Finance
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Road safety policy: Diluted but a good step forward
The opportunities for the infrastructure industries, especially those in road management, training, construction and maintenance, are brewing and will soon be a major activity, as an Act is on the anvil soon to promote road safety.
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Rs 6.5k cr up for grabs in transmission
Over the next two months, the government will call global tariff bids to award contracts for laying five mega power transmission lines worth Rs 6,485 crore.
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India to postpone TAPI deadline
India is likely to extend the deadline for signing a gas sales and purchase agreement for the Turkmenistan-Afghanistan-Pakistan-India (TAPI) pipeline.
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Clean Energy Fund on anvil
The Cabinet Committee on Economic Affairs (CCEA) has approved constitution of a National Clean Energy Fund (NCEF).
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Telco to go bond route
Bharti Airtel, India's top mobile phone carrier, plans to raise $750 million to $1 billion through a global bond issue to retire its costly Africa debt and fund expansion there.
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Rural disbursals fall
During fiscal 2010-11, Nabard sanctioned project loans worth Rs18,315 crore as against Rs15,630 crore in the previous fiscal year.
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View from the US: Giant awakening
Political and policy issues have been a deterrent to the United States' investment in Indian infrastructure projects.
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Kotak to float infra fund
The Kotak Mahindra Group has plans to raise private equity funds of about $300 million from both domestic and international investors to invest in infrastructure projects in India.
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Broadband in 5 lakh villages in 18 months
The Telecom Ministry aims to provide rural wireless broadband connections to over five lakh villages in one-and-a-half years and will provide a subsidy to both state-owned and private service providers from the Universal Service Obligation Fund.