Its estimated cost is Rs 318.76 billion
Tag: Economic Affairs
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NHAI working on widening NH-21
The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Narendra Modi, has approved the four laning of Pandoh Bypass to Takoli' section of National Highway (NH)-21 in Himachal Pradesh. This is a sub project of the National Highways Authority of IndiaÂ’s larger project for four laning of NH-21 from Kiratpur in Punjab to Manali in Himachal Pradesh.
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Coal Ministry to move Cabinet for fuel linkages to power sector
The Coal Ministry will soon seek Cabinet approval for the auction of coal linkages for the power sector.
“It is broadly finalised. We will take it to the Cabinet soon,” said Coal and Power Minister Piyush Goyal. “We will soon go for inter-ministerial consultations. The whole process has been finalised.”
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Connectivity project approved for Left Wing Extremism affected areas
The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has approved a Centrally sponsored scheme, ´Road Connectivity Project for Left Wing Extremism (LWE) Affected Areas´ to improve the rural road connectivity in the worst LWE affected districts from the security angle.
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A Bright Future Beckons
Numerous steps by the Indian government to combat challenges facing the domestic power sector will realise immense potential, says Anil Kadam, Solution Architect & Marketing, Energy & Utilities, Schneider Electric India.
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India signs agreement with World Bank for Eastern DFC
A Guarantee Agreement for World Bank (IBRD) lending of $650 million to the Dedicated Freight Corridor Corporation of India Ltd (DFCCIL) for the Eastern Dedicated Freight Corridor-III (EDFC-III) Project has been signed between the Government of India and the World Bank in the national capital.
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Hybrid Annuity model for implementing highway projects approved
The Cabinet Committee on Economic Affairs, chaired by the PM Narendra Modi, has given its approval for the Hybrid Annuity Model as one of the modes of delivery for implementing the Highway Projects.
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Infrastructure project budgets may exclude land cost
The government could soon give the go-ahead to excluding the cost of land while computing the total cost of infrastructure projects, a measure that will allow more ministries to clear their own projects without going through the time-consuming process of seeking the approval of the Cabinet Committee on Economic Affairs.
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Revised cost estimate for Rail-cum-Road Bridge across river Ganga at Munger
The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Narendra Modi has given its approval for revised cost estimate amounting to Rs.2774 crore with Railway share as Rs.1247 crore and Ministry of Road Transport and Highways share as Rs.1527 crore for construction of Rail-cum-Road Bridge across River Ganga (14 kms) at Munger with a provision that the cost of land for road approaches may increase in future.
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100% stake sale cleared in BOT projects
The Cabinet Committee on Economic Affairs has amended its earlier approval dated May 13, 2015, for permitting 100 per cent equity divestment after two years of construction completion for all BOT projects, irrespective of year of award.
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