The Rs 23,136 crore Mumbai Metro line-3, which would link Colaba, Bandra, Santacruz Electronics Export Processing Zone, received approval from the union cabinet recently. The cabinet also approved the plant to set up a joint venture between the centre and Maharashtra government with equal shareholding between them. In line with the Delhi, Bangalore, Chennai and Kochi metro projects, the present special purpose vehicle (SPV), calle
Tag: approval
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Govt submits Maritime Board Bill for President assent
R Mohan, director of Ports and Inland Water Transport at Karnataka government said the Karnataka Maritime Board Bill is awaiting the approval of the President of India. The state legislature passed the Bill in 2011 and it was submitted to the President for assent, he said. With a view to take up various developmental projects and to maintain ports along the 300-km-long coastline of Karnataka, the state government wants to set u
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Cabinet takes steps to expedite highway projects
In a move that may expedite implementation of highway projects in the country, the union cabinet waived environmental approval for highway projects up to 100 km in length. The government so far waives green nod for highway construction up to 30 km. This has led to huge delay in the implementation of several projects. Following the relaxation of norms, at least 70 percent of projects to be awarded this year under the engi
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KIOCL wants govt to clear mining lease applications
Malay Chatterjee, Chairman and Managing Director of KIOCL informed media persons that the Karnataka government was yet to provide clearance for the firm's over 20 applications for mining lease. For more than seven years, the Karnataka-based central public sector mining firm has been out of job with out any captive mines
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High Court clears land acquisition for metro project
The transport department of the West Bengal government received clearance from the Calcutta High Court for the land acquired to implement a part of the East-West Metro project. The department acquired land for construction of Central Station at Bowbazar in the city under the metro rail project. However, residents of the area opposed the land acquisition arguing that the state government failed to anno
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JICA wants govt to clear key projects
Media reports indicate that the Japan International Cooperation Agency (JICA) asked union Finance Minister P Chidambaram to arrange a Cabinet meeting and other processes to clear loan proposal for four key projects. Akihiko Tanaka, President of JICA is learnt to have said this to the finance minister during a recent meeting. The four projects referred to are the Mumbai Metro Line-3 project, widening of highways in Bihar to four lanes, a $137-million investment promotion programme in Tamil Nadu a
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MoEF proposes to set up system for granting forest approval
According to a draft policy released by the ministry of environment and forests (MoEF), a technology driven system would be set up for providing forest clearances to various projects. The draft policy pertains to the inspection, verification, monitoring and overall procedure for the grant of forest clearances. The policy includes a provision to set up an independent, remote-sensing, satellite-based monitoring system to detect encroachment and unauthorised chan
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Kerala govt to build 22 new roads
The Kerala State Cabinet on June 12 gave its approval to an ambitious project to develop 22 new roads/flyovers in various parts of the state and the State capital Thiruvananthapuram. Flyovers will be built at Palarivattom, Vytilla and Kundanoor on the Edapally-Aroor stretch of the National Highway and at Kalamaserry Apollo junction, as part of the project. The Cabinet also sanctioned Rs 5 crore to the Horticulture Department for intervening in the open market to contain the rise in prices of ess
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Panel to clear highway projects less than Rs 5 bn
Highway projects worth costing less than Rs 500 crore may be approved by the Standing Finance Committee chaired by the union road transport and highways secretary. A proposal to this effect was approved by the Cabinet Committee on Economic Affairs (CCEA) recently. A statement released by CCEA said the committee will clear all p
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Now, Road Ministry can okay projects upto Rs 500 cr
The Union Cabinet Committee on Economic Affairs has approved the proposal to delegate powers for appraisal and approval of national highways projects of upto Rs 500 crore to the Ministry of Road Transport & Highways.