Power demand in India is expected to grow at just 6.2 per cent over the next five years amid the economic slowdown, a study by rating agency Crisil has said. Hence, power projects, for which producers had bid aggressively,
Tag: 2013
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Tata registers wind energy plant in Karnataka
Tata Power has registered its 50.4 MW wind energy plant at Gadag in north Karnataka. As the project has been set up under the clean development mechanism (CDM) programme of the United Nations Framework Convention on Climate Change (UNFCCC),
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International building and construction show in Mumbai
Leveraging the unprecedented growth and opportunities for suppliers of construction products offered by the Indian market, Federation of Indian Chambers of Commerce and Industry (FICCI), Ministry of Urban Development, and dmg events are jointly organising The Big 5 Construct India 2013,
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Road concessionaires allowed to sell out projects
In the highway sector, the Union government paved the way for developers to exit projects in between by diluting equity in favour of an interested company.
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Tata BlueScope gets Mercedes-Benz order
Tata BlueScope Building Products, a business division of Tata BlueScope Steel has bagged the order to supply LYSAGHT® roof and wall cladding profiles to the extended manufacturing facility of Mercedes-Benz India at Chakan, Pune.
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Delay raises cost of rail projects
Owing to cost overrun, the cost of railway projects across the country has risen from Rs 36,930 crore to Rs 91,902 crore. This is around 148 per cent rise in expenditure or about Rs 55,000 crore, reports indicate.
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NMDC signs MoU
NMDC said it signed a Memorandum of Understanding for mineral projects in Zimbabwe. NMDC is India's single largest iron ore producer, presently producing about 30 million tonne of iron ore from three fully mechanised mines viz, Bailadila Deposit-14/11C
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Villagers stall NTPC project
Villagers stopped the mining project at NTPC's Pakri-Barwadih coal block demanding higher compensation from the state-run coal producer for acquiring the cultivable land.
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Navi Mumbai airport project
Cost over-run owing to the delay in project implementation may make the proposed international airport project at Navi Mumbai unviable, City and Industrial Development Corporation (Cidco) feels.
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Bihar to build 50,000 km roads
Bihar government will construct a network of 50,000 km of roads in the next five years, said Rural Works Department Minister Bhim Singh. Presenting the annual report of his department, Singh said while 11 districts are covered under Pradhan Mantri Gram Sadak Yojana (PMGSY)