Andhra Pradesh government will soon introduce a policy comprising specific guidelines for allotment of land to entrepreneurs.
Tag: April
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Subsidy policy to hit OMCs
Oil marketing companiesĆ¢ā¬ā¢ (OMC) profitability and cash flows will continue to be strained on account of uncertainty over the future subsidy sharing pattern.
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HCC caters to Orissa project
Hindustan Construction Company (HCC) has bagged two orders aggregating Rs 152 crore from Hindalco Industries.
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Siemens bags Metro contract
Chennai Metro Rail (CMRL) has awarded a Rs 305 crore contract for power supply and overhead equipment (OHE) to Siemens AG, Germany, and its Indian arm Seimens India Consortium.
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Tower biz gets infra status for funds
In an effort to support funding for telecom facilities, the Reserve Bank of India declared that telecom towers will be treated as infrastructure facility, to get credit from non-banking finance firms.
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THDC commisions 1st unit
The Tehri Hydro Development Corporation (THDC) has commissioned the first 100 MW unit of the 400 MW Koteshwar Hydro Power project synchronising it with the Northern Grid.
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High bets on geothermal
The government is readying a policy on geothermal energy. Companies planning to encash on it are Tata Power, Thermax and GeoSyndicate.
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OVL races for oil block
An unknown company has outbid ONGC VideshĆ¢ā¬ā¢s bid to buy Exxon MobilĆ¢ā¬ā¢s 25 per cent stake in a deep-sea oil block in Angola.
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Protest against Mopa airport
A farmersĆ¢ā¬ā¢ committee fighting against the proposed greenfield airport at Mopa village in north Goa said that about 15,000 people would be affected by the project.
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Bid docs revamped to revive PPP
In a bid to revive big-ticket PPP projects in Marhora and Madhepura, the Indian Railways (IR) has reworked the bidding documents to make them more viable for business.