It has been proved again that Maharashtra is the most preferred destination for investment. And in the Make in India week, everyone could see that out of the total Rs 15 lakh crore worth memorandums of understanding signed, more than Rs 8 lakh crore were signed by the Government of Maharashtra.
Tag: defence
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Drones to monitor power projects
Ground inspections are passé for the Indian power sector which is set to deploy drones to cut costs and improve efficiency. Heralding a technological leap in power transmission, the companies, especially state-owned Power Grid, would now use drones for monitoring project development in critical areas.
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Govt to award 10,000 km of NH for development
The major policy initiatives of MoRTH in recent past are as follows:
Exit Policy: The cabinet recently allowed private developers to exit all operational BOT projects two years from start of operations.
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Tata Power SED to invest Rs.500 crore
Tata Power´s defence engineering unit, Tata Power Strategic Engineering Division (SED), is investing around Rs 500 crore in Vemagal, Kolar district, Karnataka. It is planning to set up a manufacturing plant dedicated to the defence sector. The new plant, which is expected to come up in 50 acres of land, will be the company´s largest manufacturing unit set-up in the country.´
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Cabinet clears Land Acquisition ordinance
The Centre has recommended an ordinance to make significant changes to the Land Acquisition Act so as to fast-track projects in key sectors such as power, roads, defence and housing.
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CCI approves operation in 25 oil, gas blocks
The Cabinet Committee on Investment (CCI) approved 25 blocks for continued exploration of oil and gas in its latest meeting. These blocks involve a total of over $4.6 billion of investment. Of this, $2.71 billion of investment has already been made and further investment to the extent of $1.9 billion
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CCI clears investment in 5 oil and gas blocks
Exploration project at five oil and gas blocks, which where stuck as the defence ministry had objected to civilian activity, received approval from the Cabinet Committee on Investment (CCI) recently. Oil and gas exploration projects at several regions were affected by the objection of the defence establishment on concerns of security or proximity to sensitive locat
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Ministries take efforts to clear blocks
Union ministry of defence and the ministry of petroleum are taking efforts to arrive at a workable solution in respect of granting security clearance to the "No Go" blocks, a joint report by the ministries said. Both the ministries are taking efforts keeping in mind the best practices in other countries as well as options for appropriate ring-fencing and a coordinated mech
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Oil, defence ministries discuss clearance to 39 blocks
The Minister of State for Petroleum & Natural Gas PanabaakaLakshmi informed the Lok Sabha that as per the directives of Cabinet Committee on Investments (CCI), meetings are being held to resolve the issue of Ministryof Defence (MoD) placing restrictions on exploration and development activities in respect of 39 exploration blocks in offshore areas including Krishna-God
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Oil, defence ministries discuss clearance to 39 blocks
The Minister of State for Petroleum & Natural Gas PanabaakaLakshmi informed the Lok Sabha that as per the directives of Cabinet Committee on Investments (CCI), meetings are being held to resolve the issue of Ministryof Defence (MoD) placing restrictions on exploration and development activities in respect of 39 exploration blocks in offshore areas including Krishna-God