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Minister expects East-West Corridor to be ready by end 2014

Minister expects East-West Corridor to be ready by end 2014

Union Transport Minister CP Joshi informed media persons that work on 431 km of the 670-km East-West Corridor in Assam is over and the entire project would be completed by December 2014.He said the project is in progress against many odds like law and order problem, unfavourable weather conditions

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Ministry waives nod of gram sabha for linear infra projects

Ministry waives nod of gram sabha for linear infra projects

In order to address delay in projects, Union Environment and Forests Minister Jayanthi Natarajan allowed linear infrastructure projects, such as roads, transmission lines and gas pipelines to skip approval from gram sabhas. Under the Forest Rights Act, these projects required the approval of gram sabhas. The decision was taken con

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32 oil and gas blocks get conditional nod

32 oil and gas blocks get conditional nod

Reports indicate that 32 oil and gas blocks received conditional clearance from the defence ministry. The defence ministry has sought a realignment for five of these blocks, which are part of the Krishna Godavari basin, as they overlap with existing notified IAF range areas

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32 oil and gas blocks get conditional nod

32 oil and gas blocks get conditional nod

Reports indicate that 32 oil and gas blocks received conditional clearance from the defence ministry. The defence ministry has sought a realignment for five of these blocks, which are part of the Krishna Godavari basin, as they overlap with existing notified IAF range areas

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32 oil and gas blocks get conditional nod

32 oil and gas blocks get conditional nod

Reports indicate that 32 oil and gas blocks received conditional clearance from the defence ministry. The defence ministry has sought a realignment for five of these blocks, which are part of the Krishna Godavari basin, as they overlap with existing notified IAF range areas

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NHAI keeps tabs on ongoing highway projects

NHAI keeps tabs on ongoing highway projects

Media reports suggest that the National Highways Authority of India (NHAI) is checking status of the ongoing highway projects with the project developers. The move by NHAI is intended to ensure that no more developer exit from his road project like the way GMR Infrastructure and GVK Infrastructure withdrew from their high profile projects recently

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CCI asks ministries to decide on 46 exploration blocks in a month

CCI asks ministries to decide on 46 exploration blocks in a month

Cabinet Committee on Investments (CCI), in its maiden meeting, urged the petroleum and defence ministries to resolve their differences on giving approval to the development of 46 oil and gas blocks in one month. It is learnt that delay in giving clearance by the defence ministry to these blocks has hampered investments of Rs 92,000

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CCI to discuss clearance for infra projects today

CCI to discuss clearance for infra projects today

Media reports suggest that the Prime Minister-led Cabinet Committee on Investment (CCI) would meet today for the first time after it was set up to provide single window clearance to mega industrial and infrastructure projects. It may be recalled that several projects in the road, power, steel, oil and gas and other sectors are delayed beca

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Essar Ports awaits govt nod for expansion projects

Essar Ports awaits govt nod for expansion projects

Essar Ports is awaiting the approval of the Gujarat government and necessary clearances in order to go ahead with its proposed $1.8 billion expansion projects in two ports, Salaya and Hazira. The country's second-largest private sector port and terminal company signed a Memorandum of Understanding (MOU) with the Gujarat Maritime Board rece

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Banker stresses on timely nod for projects

Banker stresses on timely nod for projects

Chanda Kochhar, MD and CEO of ICICI Bank stressed on the need to ensure that the projects under implementation get the necessary last mile clearances and linkages so that the assets become productive on schedule. She said this to a leading news agency when asked about banks' exposure to large infrastructure and indus