In Chhattisgarh, the National Investigation Agency (NIA) is looking into reasons for sudden discontinuation of road construction and widening work on the Tongpal-Darbha stretch, the road that passes through Jhiram Ghati, a month before the Congress leaders were ambushed by Maoists. The agency has asked National Highway Authority of India (NHAI) to furnish a list of all contractors and workers involved in the construction and widening works on National Highways 30 and 63 for scrutiny.
Tag: Chhattisgarh
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Norms to be relaxed for road developers in Naxal-hit areas
The Union government has decided to relax norms for road developers in extremist-hit states such as Odisha, Jharkhand and Chhattisgarh in view of security threat and slow execution of projects in these areas, an official said. The development follows completion of barely 2,300 km of roads in Left Wing Extremism (LWE) affected areas till date out of proposed 5,477 km till 2012.
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Chhattisgarh govt, AAI to sign pact for airport project
Media reports indicate that the Chhattisgarh state government and the Airport Authority of India (AAI) may sign an agreement for setting up a full-fledged airport at Raigarh at a cost of Rs 260 crore. AAI is expected to develop the proposed airport in two phases, with Rs 158 crore being spent on the first phase. The authority expects to complete the project in thre
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Govt sets up panel for revision of royalty
Some of the mineral rich states like Chhattisgarh, Jharkhand, Karnataka, Odisha, Rajasthan requested to enhance the rates of royalty for major minerals. The government has set up a Study Group on revision of rates of royalty and dead rent for major minerals (other than coal, lignite and sand for stowing) on September 13, 2011. The Study Group has to undertake detailed consultations with all stakeholders. The Study Group is likely to submit its final report shor
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Work on channel deepening at PPT nears completion
The work on deepening of the channel at Paradip Port Trust (PPT) in Odisha is approaching completion, the port authority informed through its official website. After completion of this project, the entrance channel will have a depth of 17.1 metre (m) and approach channel will have a depth of 18.7 m to handle vessels up to 125,000 DWT.
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ADB’s $252 mn loan for rural roads in five states
The Government of India and Asian Development Bank (ADB) have signed a $252 million loan to continue improving rural roads in Assam, Chhattisgarh, Madhya Pradesh, Odisha, and West Bengal. The ADB's loan represents the first tranche of a $ 800 million financing facility under the Rural Connectivity Investment Programme.
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NMDC gets response from buyers for steel project
Media reports indicate that public sector iron ore miner NMDC received encouraging response from steel firms for the expression of interest (EOI) floated by it to sell 50 percent stake in an upcoming project. The company is setting up a 3 million tonne per annum (mn tpa) steel plant at Nagarnar in Chhattisgarh with an investment of Rs 16,000 crore. Work on the proj
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Listed CPSUs suffer value erosion
While the listed CPSUs showed a dismal growth performance during April-December 2012, their net profit contracted just over seven per cent during the period.
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Chhattisgarh govt gives sops to steel sector
Chhattisgarh government reduced the entry tax on iron ore, pig iron and steel scrap purchased from outside the state to 0.5 per cent from 1 percent in the budget for 2013-14. The state government also reduced the value-added tax on TMT steel bars from 5 to 3 per cent, while the entry tax on iron ore
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NMDC seeks equity partner for 3 mn t steel project
Public sector iron ore miner NMDC, which plans to set up a 3 million tonne (mn t) steel plant at Nagarnar in Chhattisgarh, is looking out for an equity partner for the project. The project reportedly faces delay because NMDC whose core competency lies in iron ore mining could not proceed owing to unavailability of a steel maker as a part