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Govt to set up separate grid for solar, wind projects

Govt to set up separate grid for solar, wind projects

Planning Commission member BK Chaturvedi has said that the Union government would set up a green corridor to generate power from solar and wind capacities that were established at a cost of Rs 50,000 crore, Planning Commission member BK Chaturvedi. The National Action Plan on Climate Change has recommended that India generate 10 per cent of its power needs from solar, wind, hydropower and other renewable sources by 2015, and an additional 5 per cent by 2020.

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US business prospects in Indian infra sector

US business prospects in Indian infra sector

Infrastructure sector in India is on the edge of big jump and offers noteworthy investment opportunities for the US businesses and other investors, Planning Commission Member BK Chaturvedi has said. He asked American investors to have confidence in India and its market. Investment in India's infrastructure sector - which has been has been pegged at around $1 trillion over next five years - has high potential, not high risk, Chaturvedi said.

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Panel for airport tariffs

Panel for airport tariffs

After three major domestic airports in the country proposed a steep hike in user charges, an inter-ministerial panel has called for a fresh approach to setting airport tariffs. The proposed airport user charges have threatened to push up airfares further. The airport financing task force, chaired by Planning Commission member BK Chaturvedi,

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We need several $10 bn funds: Montek

We need several $10 bn funds: Montek

FICCI’s infrastructure summit in New Delhi, marked by large participation from all sectors, did not witness remarkable announcements, but for the reiteration that infrastructure is likely to miss the 11th Plan target by more than 10 percent.How do we make banks’ infrastructure lending more long term with less mismatches? Well, create solutions outside bbanks, says Planning Commission’s high profile Deputy Chairman Montek Singh Ahluwalia. Inaugurating the India Infrastructure Summit 2011

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All that shines

All that shines

As it has been reported in the media, more than half of our country’s infrastructure projects are running overtime, and PPP projects are delayed more than EPC projects.

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