Prime Minister, Manmohan Singh said the government was addressing many impediments affecting the implementation of infrastructure projects in order to revive the investment climate domestically. He said this during his address at the CII National Conference and Annual General Meeting, in
FlashNews:
Integrated Exhibition Cum Convention Centre (IECC), better known as Bharat Mandapam, achieves prestigious GRIHA 4-Star Rating
REC Limited Signs Agreement with CVPPL, to provide ₹2147.508 Crore Term Loan to Develop 1000MW Pakal Dul Hydro Electric Project
NBCC Reports Robust 40% Surge in Net Profit
The time to invest in India’s energy sector is now, says PM Modi
India’s Oil Minister Urges Energy Justice to Ensure Equitable Global Energy Transition
How Budget 2025-26 May Bolster Investments in India’s Infrastructure Sector
REC Declares 3rd Interim Dividend of ₹4.30 per share; Net Profit up 23% to ₹4,029 crore
REC wins Gold Shield in ICAI Award for Excellence in Financial Reporting for the Financial Year 2023-24
Budget 2025: Key Highlights
Budget 2025: Key Announcements Impacting Real Estate
Rs 1 trn Urban Challenge Fund to Boost Infrastructure
FM Unveils Major Initiatives for Bihar in 2025 Union Budget
Budget 2025-26: Industry reactions
Budget 2025-26: Rs 1 lakh crore fund to transform cities
Budget 2025-26: India’s startup ecosystem gets Rs 10,000 crore Fund of Funds
NBCC Celebrates 76th Republic Day at Its Headquarters
RECPDCL Handovers HVDC Transmission Project’s SPV viz. Rajasthan Part I Power Transmission Limited to Adani Energy Solutions Limited
15th Cement EXPO: A Step Forward in Cement Innovation
MOU signed between NBCC and Hindu College for development of “Centre for Advance Studies”
Tag: environment
Govt identifies 12 coal projects for speedy clearance
Union Cabinet Secretary Ajit Seth informed that the government identified 12 coal mining projects with an annual coal production of 36.9 million tonne (mn t) for expeditious clearance within a month. These projects involve an investment of Rs 1,347 crore. Meanwhile, it may be noted that the Cabinet Committee on Investment (CCI) streamlined the proc
Kerala govt to seek nod from union ministry for Vizhinjam project
Kerala government would formally approach the Union Ministry of Forests and Environment to get clearance for the Vizhinjam deepwater seaport and international transhipment container terminal project. The state government would approach the union ministry after a public hearing is held on the project by the Kerala State Pollution Control Board. The board would hold the hearing once it receives two reports - the environmental and social impact asse
SC’s nod to delinking of environment, forest clearances
The Supreme Court has approved the revised norms for infrastructure road projects that delink the environment and forest clearances - formulated by the Prime Minister's Office (PMO) last month to end the face-off between the environment and forests ministry and the National Highways Authority of India (NHAI). On the basis of its interpretation of a judgment in the case of Lafarge, the ministry had insisted such projects should take environment and forest clearances.
NHAI wants CAG to advise on changing concession agreement
National Highways Authority of India (NHAI) has sought advice from the Comptroller and Auditor General (CAG) on how to modify the concession agreement for the stalled project to widen the Kishangarh-Udaipur-Ahmedabad highway to six lanes. NHAI Chairman RP Singh wrote a letter to CAG Vinod Rai asking the latter to deliberate on modification of th
Apex court allows work on road projects with only green nod
In a move that may benefit 25 road projects, the Supreme Court clarified that road developers can begin work on a project once it gets environment clearance, irrespective of whether forest clearance is granted or not. The court clarified this while hearing a case involving Ministry of Environment and Forests (MoEF) and road regulator National Highway Authority of India (NHAI). In the
Ministry may fail to meet road project award target
Union Road Minister CP Joshi informed a news agency that the ministry cannot attain the target of awarding 9,500 km highways projects in 2012-13 because of several issues. The main issue cited by the minister for missing the target is the impediments in financial closure. Road devel
Ministry dilutes stance on clearance for road projects
In a clarification to the Supreme Court, the union ministry of environment and forests informed that road developers need not secure clearance to begin work on that part of a highway project falling in non-forest areas. But one of the conditions imposed by the ministry is that if a highway was to pass through a patch of forest, the
Pace of execution of highway projects slows down
Minister of State for Road Transport and Highways Sarvey Sathyanarayana informed Lok Sabha that the pace of execution of national highway projects has slowed because of various hurdles. The hurdles include delay in land acquisition, shifting of utilities, environmental and forest clearances, the minister informed. He also pointed to the shortage of skilled and semi-skilled manpower and economic slowdown as further road
SC hears case on APSEZ
The Supreme Court is hearing a case on halting the operation of 12 companies at Adani Ports and Special Economic Zone (APSEZ) in Mundra, Gujarat. Some of the companies appealed the Gujarat High Court decision to halt their operation in the APSEZ on grounds that they have not secured environmental clear