Union Government has set up a committee under the chairmanship of coal secretary to recommend a framework for the public-private partnership with Coal India as one of the partners for augmentation of coal production in the country within the framework of the Coal Mines (Nationalisation) Act, 1973. The committee will have representatives from Planning Commission, Ministry of Finance, Ministry of Labour, Ministry of Law and Justice among others.
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States to get 685 more JNNURM buses
The Union Ministry of Urban Development has sanctioned another 685 buses for states and union territories (UTs) under JNNURM. The approval was given at a meeting of the Central Sanctioning and Monitoring Committee on bus funding and ancillary infrastructure projects under JNNURM in New Delhi recently. A total of 400 buses have been approved for the Union Territory of Chandigarh for the tri-city Chandigarh, Mohali and Panchkula.
Approval was also given for installation of Intelligent Transport
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Reliance Jio plans faster 4G wireless broadband
Reliance Jio Infocomm plans to provide 4G connectivity speed to subscribers that will be 10-12 times faster as compared to 3G networks. At a speed of 49 mbps an user can download a full movie, which is generally of 600 megabyte size, in about two minutes.
The average top speed of 3G network is pegged at 4 mbps. RJIL is the only company in India to have nationwide 4G spectrum. It holds large chunk 20 meghertz in one frequency band known as wireless broadband access (BWA) spectrum.
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Reliance Jio plans faster 4G wireless broadband
Reliance Jio Infocomm plans to provide 4G connectivity speed to subscribers that will be 10-12 times faster as compared to 3G networks. At a speed of 49 mbps an user can download a full movie, which is generally of 600 megabyte size, in about two minutes.
The average top speed of 3G network is pegged at 4 mbps. RJIL is the only company in India to have nationwide 4G spectrum. It holds large chunk 20 meghertz in one frequency band known as wireless broadband access (BWA) spectrum.
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Nod for 220 MW GAIL power plant
For setting up a 220 MW gas-based power plant at Raigad in Maharashtra, GAIL India has received environmental clearance. The government-owned firm plans to use one million standard cubic metre per day of natural gas to generate 220 MW of electricity at the proposed combined cycle power plant. The plant is being installed at a cost of Rs 1,028 crore. The power generated at the plant will be sold to Maharashtra.
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PPT invites pvt investments
Paradip Port Trust (PPT) intends to expand its operations and invites firms to invest in erection and commissioning of facilities to handle liquid bulk cargoes such as mineral oils and vegetable oils. PPT will provide the necessary land of five acre to each private investor to erect storage tanks and associated infrastructure for cargo handling and provide ´right of way´to lay pipelines from the oil jetty to tanks.
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Petronets Dahej terminal to get $150 mn ADB loan
To enable Petronet LNG to increase its terminal capacity in Gujarat, the Asian Development Bank (ADB) is to provide a $150 million loan. ADB said that the expanded terminal will help India move towards its target of greater natural gas use and enhancing its energy security and shifting to cleaner forms of energy.
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Captive coal blocks under production
Coal sector witnessed a number of initiatives during 2013 to augment coal production and supply. Regular reviews of captive coal blocks were held by Inter-Ministrial Group to expedite their development, fuel supply agreements were signed with power sector and setting of coal regulator approved.
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Adani Ports begins to handle liquid cargo at Hazira
In Hazira port in South Gujarat, Adani Ports & Special Economic Zone private Limited (APSEZ) has initiated handling of liquid bulk cargo. The company's subsidiary Adani Hazira Port Pvt Ltd (AHPPL) has been handling the cargo, the company said.
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Hurdles galore for DMIC
The Delhi-Mumbai Industrial Corridor, which promises to be the lynchpin of industrial, urban and infrastructural development in the western hinterland of the country, may miss the 2018 deadline by a mile. Apart from land acquisition, financing problems have now emerged as the Japanese partners seem increasingly concerned about the Indian government's implementation capabilities.