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Agra set to become India’s first solar city: UP govt

Agra set to become India’s first solar city: UP govt

The Uttar Pradesh government on February 22 announced that Agra, the Taj city, would be the first ‘solar city’ of the country. Minister of State for Alternative Energy Vijay Mishra said that a Detailed Project Report(DPR) has been sent by the Agra authorities for making the city as the first Solar city of the country.

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Srei for used equipment

Srei for used equipment

In order to release capital for lending to used construction equipment and other purposes, Srei Equipment Finance plans to securitise Rs 800-900 crore of its assets during the current quarter, reports suggest. The company will focus on financing used construction equipment because growth in sale of construction equipment is slowing.

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Maharashtra govt mulls law on intergrated urbanisation

Maharashtra govt mulls law on intergrated urbanisation

Pointing to the need to go for integrated urbanization, Maharashtra Chief minister Prithviraj Chavan said his government plans a new legislation to set new rules in this regard. He said this while addressing a gathering after inaugurating a conference. He said over 50 percent of the

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Ten major firms race to build 3,300-km freight corridor

Ten major firms race to build 3,300-km freight corridor

For the 3,300-km Dedicated Freight Corridor (DFC) project, Indian and global construction companies are vying for around Rs 12,000 crore worth of civil works for two stretches. Among these are not only the Tatas, Essar and IVRCL Infrastructures Projects Ltd, but also Chinese, Russian and Spanish firms. The eastern corridor of the DFC is from Ludhiana to Dankuni (West Bengal). The western one is from Dadri, close to Delhi, till Navi Mumbai.

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Construction chief

Construction chief

Pravin Patel is the Non-Executive Chairman of Patel Engineering. He has grad­uated in Town Planning from USA and also studied Financial Management from the London School of Economics. He is the son of Arjun Patel, one of the initial promoters and has a wide expe­rience of more than 45 years in financial management, town planning, architecture, etc. Under his vision and erudite leadership the company has acquired imm­ense reputation as an engineering company.

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Govt to make changes in land bill

Govt to make changes in land bill

Reports suggest that the government plans to double the offer to landowners who sell land for private projects. Acc­ording to a provision, which may be included in the revised land bill, land owners may be offered 40 per cent (instead of the earlier 20 percent) of deve­loped land (in proportion to what they lost and at a price equal to the cost of acquisition and development). This might be doubled in the version to be presented in Parliament.

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Govt to make changes in land bill

Govt to make changes in land bill

Reports suggest that the government plans to double the offer to landowners who sell land for private projects. Acc­ording to a provision, which may be included in the revised land bill, land owners may be offered 40 per cent (instead of the earlier 20 percent) of deve­loped land (in proportion to what they lost and at a price equal to the cost of acquisition and development). This might be doubled in the version to be presented in Parliament.

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Haryana land pool scheme

Haryana land pool scheme

In order to give adequate compensation for land acquisition, Haryana government is preparing a land pool scheme. As per the scheme, Haryana Urban Development Authority (HUDA)