Union Road Minister Oscar Fernandes has said that road developers in the country will not be blamed for delays in regulatory procedure but have to take responsibility for their own faults and may have to pay up to one per cent of total project cost as penalty
Tag: August
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MoEF nod to Navi Mumbai airport
A panel of the Union Ministry of Environment and Forests (MoEF) has given the 'green signal' for the Navi Mumbai international airport project. With this, Mumbai may finally get its new airport now.
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India-Bangladesh rail work soon
India and Bangladesh will work on a new rail link between the two countries along Tripura to ease surface transport in the mountainous north-eastern states. The work would start this year, officials of the two countries said in Agartala recently.
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Hyderabad FTZ gets its first client
GMR Hyderabad International Airport (GHIAL) has signed an agreement with Turbo Jet Engines (Hyd), its first client for airport-based Free Trade Zone (FTZ) at Rajiv Gandhi International Airport (RGIA) in Hyderabad
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DMRC awards order to BEML
Delhi Metro Rail Corporation (DMRCL) awarded a Rs 747 crore contract to BEML for manufacturing and supply of 92 sets of standard gauge metro cars for the phase III, RS-9 project.
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Airport works stopped
In Karnataka, the upcoming greenfield airports in Gulbarga and Shimoga may not get ready by the end of this year. Both projects, being built on a public-private partnership (PPP) model, stand grounded.
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Jaipur metro project
The Railway Ministry gave technical clearance for the operations in signal, telecom and electricity expansion system at the Jaipur Metro Rail Project.
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Rail freight traffic up
During April-June, Indian Railways has carried 256.79 million tonne (mt) of freight traffic as against 244.81 mt carried during the corresponding period last year, registering an increase of 4.89 per cent.
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Viable IWT system in Kerala
The Kerala government intends to set up a commercially viable inland water transport system to move 20 per cent of cargo through waterways by 2020.
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Rail projects implementation slow
Experts and industry observers raise concern about the slow implementation of public private partnership (PPP) projects in railway sector. It is learnt that around 350 PPP projects are in the pipeline in railway sector