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AP to get 6,597 km rural roads under PMGSY

AP to get 6,597 km rural roads under PMGSY

The Union government will provide financial assistance to develop roads linking rural habitations and in Naxalites affected districts in Andhra Pradesh. Union Minister for Rural Development Jairam Ramesh informed the State Chief Minister N Kiran Kumar Reddy that Union Cabinet took important decisions regarding Prime Minister Grameena Sadak Yojana (PMGSY) in Andhra Pradesh during meeting held on February 7.

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Shell India mulls $1 bn investment in LNG terminal

Shell India mulls $1 bn investment in LNG terminal

In a joint venture with Anil Ambani Group firm Reliance Power, Anglo-Dutch oil giant Royal Dutch Shell is building a floating liquid gas (LNG) terminal off Kakinada in Andhra Pradesh. The company plans to invest $1 billion in the terminal project by 2014 as it bets big on gas retailing in the energy defici

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Shell India mulls $1 bn investment in LNG terminal

Shell India mulls $1 bn investment in LNG terminal

In a joint venture with Anil Ambani Group firm Reliance Power, Anglo-Dutch oil giant Royal Dutch Shell is building a floating liquid gas (LNG) terminal off Kakinada in Andhra Pradesh. The company plans to invest $1 billion in the terminal project by 2014 as it bets big on gas retailing in the energy defici

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AP CM requests centre to allocate gas

AP CM requests centre to allocate gas

Andhra Pradesh Chief Minister wants union oil ministry to take immediate steps to ensure sufficient natural gas supply to the state and help overcome the power shortage. The chief minister requested Prime Minister Manmohan Singh to direct oil ministry to boost gas supply for the state. He made this request when he met the Prime

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RINL mulls Rs 20 bn investment in FY14

RINL mulls Rs 20 bn investment in FY14

Agency reports suggest that Rashtriya Ispat Nigam (RINL) would invest Rs 2,000 crore in 2013-14 if it secures a captive iron ore mine in Andhra Pradesh. If it fails to secure a captive mine in Andhra Pradesh, the corporate entity of Vizag Steel would invest Rs 1,200 crore on capital expenditure for 2013-14, agency reports quoted a top official of the firm as sayin

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Nizampatnam Port project found to be unsuitable

Nizampatnam Port project found to be unsuitable

Chinta Visweswara Rao, Chairman of Navayuga Engineering Company (NEC) informed that the proposed Nizampatnam Port project in Andhra Pradesh is not suitable for development as the land earmarked by the government falls within a reserve forest and green belt areas. He informed this to the Central Bureau of Inves

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Nalco's 2nd wind power project

Nalco's 2nd wind power project

National Aluminium Co (Nalco) is setting up its second wind power project of 50 MW capacity in Jaisalmer district of Rajasthan at a cost of around Rs 190 crore. The public sector firm, which placed an order for the Rajasthan project to Gamesa, expects to operationalise the plant in the next seven months. The company's first wind power plant, of 50 MW capacity, at Gandikota in Kadapa district of Andhra Pradesh was commissioned recently.

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Board of Petronet clears Rs 50 bn terminal project

Board of Petronet clears Rs 50 bn terminal project

Petronet LNG, which proposes to set up a five million tonne per annum LNG terminal at Gangavaram, Andhra Pradesh at a cost of about Rs 5,000 crore, received final approval from its board for the investment. The firm, which expects to complete the project by end-2016, has finished several pre-project activities and it is working towards short-listing of potential cont

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AP likely to get Rs 400.81 cr for its road projects

AP likely to get Rs 400.81 cr for its road projects

The Union government is likely to approve rural road project proposals of Rs 400.81 crore for 138 road works in Andhra Pradesh under the Pradhan Mantri Gram Sadak Yojana. Union Minister for Rural Development Jairam Ramesh on January 16 informed this to the State Chief Minister N Kiran Kumar Reddy through a letter.