Tamil Nadu Industrial Development Corporation (Tidco) and Gail (India) will form a joint venture to set up a power plant and pipeline infrastructure to carry LNG. The new company will make an investment to the tune of Rs 10,000 crore over the next five years.
Tag: Chennai
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Toshiba JSW to up capacity
Toshiba JSW Turbine and Generator, a joint venture between Japan-based Toshiba Corporation and India’s JSW Group, is planning to double capacity of its super critical steam turbine and generator manufacturing facility in Chennai to 6,000 mw by the financial year 2015.
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Putting infra ducks back in a row
Much has been said about the now popularly termed policy paralysis over the past two years that has led to uncertainty in implementation of and financing to infrastructure sectors. With the single exception of the roads sector, none of the major sectors have met expected growth levels this year.
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Concor starts new services
Container Corporation of India (Concor) has started its container service from Bangalore to New Mangalore Port Trust (NMPT). Concor will also start container train services from the inland container depot in Chennai to Karaikal port and Delhi.
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Concor starts new services
Container Corporation of India (Concor) has started its container service from Bangalore to New Mangalore Port Trust (NMPT). Concor will also start container train services from the inland container depot in Chennai to Karaikal port and Delhi.
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Japan promises aid for infra development
India and Japan have decided to enhance the earlier bilateral currency swap arranÂgement to $15 billion from the current $3 billion. A joint staÂtement, issued after official level talks between the Prime Minister, Dr Manmohan Singh, and his Japanese counterpart Yoshihiko Noda expressed the hope that this enhancement will further strengthen financial cooperation.
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New container service to cut backlog at Chennai port
Arshiya Rail Infrastructure, a subsidiary of Arshiya International, has commenced export-import container operations on the Chennai-Bangalore circuit.So far, only Concor offered this service. Arshiya commenced its rail service from PSA Chennai, the second private container terÂminal, run by PSA International of Singapore.
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Do security issues warrant a new policy?
In an era of greater private participation in infrastructure, the liberalisation of airport infra has been the most guarded so far. The example in the limelight is the new Ground Handling Policy this year, which limits competition to only three options among vendors.
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Income tax holiday: Eligibility for infra developers demystified
Infrastructure developers are eligible for a tax holiday for 10 years, and the government has permitted a looser interpretation for the benefit of infrastructure. Vishal Shah and Bijal Desai refer to relevant court and tribunal cases and explain the more nebulous of the tax holiday eligibility clauses.
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Infrascape 2012 | Urban Infra: JNNURM should showcase model ULBs
In Waste Management we have seen some large projects like MCD (Delhi), GHMC (Hyderabad) and COC (ChennÂai) have taken positive steps towards privatisation of MuniciÂpal Waste Management and looÂkÂing to improve the quaÂlity of waste management.