The union government has envisaged that one of the ways forward to reduce the dependence on imports is to devise a Public Private Partnership (PPP) policy framework with CIL as one of the partners in order to increase the production of coal for supply to power producers and other consumers. Accordingly the Ministry of Coal has set up a Committee to devise a PPP Policy framework with CIL as one of the partners in order to increase production of coal
Tag: development
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ONGC board approves Rs 11 bn turnaround project
P Lakshmi, Minister of State for Petroleum & Natural Gas informed the Lok Sabha that ONGC Board has recently approved a turnaround or reconstruction project in Bassein fields in its meeting held on March 20, 2013, at an estimated cost of $207 million (Equivalent to Rs 1,138.50) with scheduled completion by April 2015. Further, she said, with implementation of various rede
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Odisha govt to prepare master plan for 106 towns
Director of Town Planning in Odisha Prasant Kumar Patnaik informed that the state government would prepare mater plan for all 106 towns in the state by the end of 2014-15. This would enable the preparation and monitoring of the land use control. Comprehensive Development Plan is also required for town planning and to provide basic infrastructure to
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Odisha govt to prepare master plan for 106 towns
Director of Town Planning in Odisha Prasant Kumar Patnaik informed that the state government would prepare mater plan for all 106 towns in the state by the end of 2014-15. This would enable the preparation and monitoring of the land use control. Comprehensive Development Plan is also required for town planning and to provide basic infrastructure to
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CAG report finds fault with port development in Maharashtra
According to a recent report by the Comptroller and Auditor General (CAG), the Maharashtra Maritime Board failed to prepare any comprehensive plan with a long-term vision for minor ports in the state. The report on General and Social Sector, which was tabled in the state legislature, shows that the maritime board is developing the ports in the state in an ad-hoc manner owing to lack
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KMRL plans to develop land at Kakkanad
Kochi Metro Rail (KMRL) plans to develop a 17.315 acre land at Kakkanad into a modern multi-utility centre with urban amenities such as markets and civic facilities as well as recreational centre. Recently, the Board of Directors of the body cleared the invitation of expressions of interest (EoIs) for preparing a master plan for this project
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BRICS to set up development bank for infra projects
At the recently concluded BRICS summit in Durban, Brazil, Russia, India, China and South Africa decided to set up a development bank to finance infrastructure projects in these countries. But the countries have not decided the size of the proposed bank, leaving it to finance ministers to nego
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AP govt to convince Krishnapatnam port for new port project
Andhra Pradesh government said it would take efforts to convince Krishnapatnam port to allow the state to construct a port at Ramayapatnam, which is less than 100 km from Krishnapatnam. The Krishnapatnam port, located in Nellore district, raised objections over the proposed port in Ramayapatnam on the ground that it would fall within the exclusive zone of 100
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Govt completes only 82 projects under NMDP
Till December 2012, only 82 of the 276 projects for increasing capacity and modernisation at 12 major ports were completed under the National Maritime Development Programme, official data shows. While the government abandoned some projects under the programme, a large number of the total projects have been delayed. Besides, scores of them are still at the planning stage
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Ennore Port expects 14% rise in cargo volume
According to an official press release, cargo volume at Ennore Port may rise 14 per cent to an all-time record of 17 million tonne (mn t) in 2012-13 from 14.96 mn t in the previous financial year. The cargo volume handled by the port surpassed the target of 16 mn t fixed by the centre for the financial year 2012-13 on February 28. The target for the entire financial year was achieved one month prior to the close of the financial year