Union steel ministry is reportedly taking steps to expedite big ticket investment projects, which are held up owing to various issues in the steel sector. In Odisha itself, eight projects are stuck because of reasons like lack of statutory clearances, non-availability of raw material linkage and law and order problem during land acquisition
Tag: approval
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Ministry clears Ponnani port project in Kerala
The ministry of environment and forest (MoEF) gave approval to Malabar Ports Private Limited (MPPL) for setting up the Ponnani cargo port in Kerala. Following this, the Chennai-based construction agency
has applied for the final 'Consent for Establishment' to the state
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Centre gives nod to road development works in Arunachal
The Union government has given its approval for the
four-laning of the road from Itanagar to Banderdewa and double laning from Itanagar to Jote for better connectivity with Itanagar, the Arunchal Pradesh state capital. The development came when Vijay Chibber, Secretary of Union Ministry of Road Transport and Highways (MoRTH), met Arunachal Pradesh Chief Minister Nabam Tuki and gave his in principle approval for the road works in the state.
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Govt forms group to monitor stalled projects
Rajiv Takru, Secretary, Financial Services department of the union finance ministry informed that the government formed a special group headed by an officer in the Cabinet Secretariat to monitor each of the stalled projects. He exuded confidence that the economy will recover from the current slowdown in the next three-six months. Owing to reasons like administrative delays, lack of environment clearances, 215 projects are stalled at vario
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Ports in east coast have tremendous potential
Ports in the eastern coast of India hold tremendous potential for growth in cargo traffic owing to the development of new projects in the neighbouring areas, reports suggest.Some reports indicate that the ports in east coast are expected to handle coking coal and non-coking coal imports as several major power plants are coming up in Chhattisgarh and Jharkhand
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Govt to auction blocks under NELP in FY14
Oil Minister M Veerappa Moily informed a panel that the government would auction exploration area of about 2.7 lakh sq km under New Exploration Licensing Policy (NELP) in 2013-14 once necessary approvals are in place. The minister informed this to the Parliamentary Consultative Committee in Mussoorie. He said the government initiated the process of inter-ministerial clearances for exploring the 2.7 lakh sq km area, which is id
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GVK gets green nod for its Australia mine project
In western Queensland of Australia, Hyderabad-based GVK Power & Infrastructure has received environmental approval from the Australia's Coordinator-General for its $4.2-billion Kevin's Corner mine project in the Galilee Basin. The Kevin's Corner project, proposes a 30-million tonne per annum (mtpa) underground and open-cut coal mine and other associated infrastructure 65 kilometre north-west of the Alpha township.
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CCI asks agencies to stick to timeline
At a recent meeting, the Cabinet Committee on Investments (CCI) urged security agencies to stick to the 12-week timeline, prescribed by the Cabinet Committee on Security. It may be recalled that earlier, the Cabinet Committee on Security decided to adhere to a 12-week timeline for
providing inputs on port development projects that are delayed owing to pending clearances. Following this, the shipp
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Centre commences work on 6 greenfield airports
The Government of India has granted 'in principle' approval for setting up of 15 greenfield airports across the country out of which, physical work at 6 airports namely, Gulbarga, Hassan, Shimoga in Karnataka, Durgapur in West Bengal, Pakyong in Sikkim and Shirdi in Maharashtra, has already commenced, Union Minister of State for Civil Aviation, KC Venugopal told the Lok Sabha last week. Construction at various airports in the country including Aranmula airport project has not stopped, he added.
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Ministry gives green nod to Anketell port project
API Management Pty received conditional approval from the Australian environment ministry for its proposed Anketell Point port project in the western part of the country. API Management is a joint venture between coal miner Aquila Resources and mining investment company American Metals and Coal International (AMCI). The firm wan