As the Union government failed to draw bids under the public-private partnership (PPP) model for road projects, the Union Road Ministry has approved 14 highway projects to be bid under the engineering, procurement and construction (EPC) model to attract private investments.
FlashNews:
Hindalco to be a force for good with engineered solutions transformation: Kumarmangalam Birla
HSR Needs Fast Tracking
RECPDCL Handovers Ratle Kiru Power Transmission Limited, a SPV of Transmission Project, to IndiGrid 2 Private Limited
RECPDCL Handovers 3 Nos. SPVs of transmission projects viz. Banaskantha Transco Limited, Kurnool-IV Transmission Limited & Rajasthan V Power Transmission Limited to Power Grid Corporation of India Limited
Showcasing India’s Supply Chain Revolution
Highlighting the Future of Smart, Sustainable Infra
Driving Sustainability Through Innovation
REC Signs ₹18,360 Cr MoU with Govt. of Kerala for Pump Storage Projects
IIFCL Launches its Gender Equality and Social Inclusion (GESI) Cell on the occasion of International Women’s Day 2025.
IIFCL and CBI Sign Expression of Interest to promote Sustainable Infrastructure Financing in India
CCI India presents 1st edition of CEO Round Table Conference on Agriculture
Jayesh Ranjan & Cement Expo Forum Leaders converge in Hyderabad
Fluence Launches Advanced Smartstack Platform for New Energy Storage Era
NBCC inks MoU with NIT Kurukshetra valuing Rs. 300 Crore
REC Foundation Commits ₹6 Crore to Sankara Eye Hospital for Cataract Surgeries Benefiting 8,000 EWS Patients
Integrated Exhibition Cum Convention Centre (IECC), better known as Bharat Mandapam, achieves prestigious GRIHA 4-Star Rating
REC Limited Signs Agreement with CVPPL, to provide ₹2147.508 Crore Term Loan to Develop 1000MW Pakal Dul Hydro Electric Project
NBCC Reports Robust 40% Surge in Net Profit
The time to invest in India’s energy sector is now, says PM Modi
Nod to 14 highway projects under EPC mode
As the Union government failed to draw bids under the public-private partnership (PPP) model for road projects, the Union Road Ministry has approved 14 highway projects to be bid under the engineering, procurement and construction (EPC) model to attract private investments.
Centre to pace up expressway projects
The Union government is to fast-track a few expressway projects in the country for the development of industry, said the Union Road Transport & Highways Minister Oscar Fernandes. The Mumbai-Vadodara Expressway, the eastern and western peripheral expressways, and the Delhi-Jaipur expressway will be part of the plan, the Minister added. Addressing the inaugural function of Excon 2013, Fernandes said these expressways will provide enough opportunity for industry to grow along these express ways.
New technology
Using a new technology, called ´white topping,´the Aurangabad Municipal Corporation (AMC) would construct the road from Lemon Tree hotel to Jalgaon T Point, that is 2.5 km long, in the city. AMC is introducing the technology for the first time in the city and Rs 3 crore has already been approved for construction of the road.
Green roads
In India, Zydex Technologies is looking to build up to 20,000 km of moisture-resistant green roads by 2016 using its nanotechnology. Such roads need no maintenance for about 15 years. The company has already completed about 500 km of roads in India with Border Roads Organisation and other agencies, the company said. Zydex has already built such highways in US, Europe and Africa.
Improvement of two key roads
The Gurgaon-Sohna Road and Southern Peripheral Road should be strengthened to handle more traffic before it starts building a flyover at Hero Honda Chowk on the Delhi-Gurgaon expressway, the National Highways Authority of India (NHAI) has said.
EGoM clears M and A rules for telecom
An empowered group of ministers (EGoM) cleared the final merger & acquisition (M&A) guidelines for the sector. The EGoM has also decided to increase the quantum of 1,800-MHz spectrum to be put up for auctions in January to 403 MHz, an addition of 118 MHz, or 41.4 per cent, to what it had proposed earlier. The addition also means that an average 18 MHz of spectrum will be up for sale in each circle enough for three to four operators.
BSNL to select vendors to set up towers in naxal areas
BSNL is likely to open the financial bids for the tender to set up mobile towers in the states affected by naxal violence.BSNL had floated the tender in August for supply, installation, testing, operation and maintenance for five years of 1,315 sites of 2G GSM network in left wing extremist (LWE) areas of Bihar, Jharkhand, Orissa and West Bengal.
Strict norms for mobile towers
The Goa government has proposed strict guidelines for the setting up of site-specific mobile base station towers (MBSTs) in the state in response to an increase in use of cellphones and wireless communication and fears over radiation to public health.
Vodafone investment
Vodafone plans to invest $3 billion in the next two years that will be deployed for network expansion in rural areas. The proposed $ 3 billion investment excludes spectrum fee the company has to pay. The British telecom major is planning for new investments at a time when it is facing a tax liability of over Rs 11,200 crore, along with interest, on its 2007 acquisition of Honk Kong-based Hutchison Whampoa´s stake in India´s telecom major, Hutchison Essar.