The Chief Minister of Odisha, Naveen Patnaik met M. Venkaiah Naidu, the Union Minister of Urban Development, Housing and Urban Poverty Alleviation (HUPA) and Parliamentary Affairs in New Delhi on June 3, 2014. M. Venkaiah Naidu assured the Chief Minister all possible help and cooperation of his ministry in the implementation of the projects. The Minister also mentioned that any pending release of funds to the State will be expedited.
Tag: implementation
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Govt completes major part of East-West Corridor project
Minister of State for Road Transport and Highways Sarvey Sathyanarayana spoke about the status of the East - West Corridor project in Lok Sabha recently. He said the four laning of the entire length of East - West Corridor has been completed except 195 km under implementation and 232 km balance for award. Main reasons for delays are land acquisition & forest clearance. About Rs 27,000 crore has been incurred on Eas
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Severstal not keen on NMDC’s 3 mn t steel project
CS Verma, Chairman of NMDC informed media persons that the Russian company Severstal did not show much interest on the 3 million-tonne-a-year steel plant project and hence the former may implement it as an NMDC-only project. In 2010, both the firms signed initial agreements for the project and it is not known why Severstal is not interested in the project
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Rs 100 bn sea link project finds no taker
Despite the 20 per cent viability gap funding offered by the government, no private player is ready to bid for the 22-km trans-harbour sea link road project connecting New Mumbai to Sewri. This is because infrastructure developers feel that the Rs 10,000-crore project is unviable as it involves high finance costs and lack of liquidity
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277 central sector projects face delay
Minister of State (Independent) for Statistics and Programme Implementation Srikant Kumar Jena informed Lok Sabha that the ministry monitors 569 central sector projects costing Rs 150 crore and above. He further informed that of these 569 projects, 277 are running behind schedule as on June 1, 2013. These projects are delayed because of law and order problems, delay in land acquisitions, rehabilitation and
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Govt extends JNNURM term by 2 years
The Ministry of Urban Development, Government of India extended the period of JNNURM by 2 more years for completion of ongoing projects or reforms. It has further approved sanctioning of new projects upto March 31, 2014 as a transitional phase. JnNURM completed its normal tenure of 7 years on March 31, 2012
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Steering group finalises deadline for infra projects
A meeting of the Steering Group appointed by the Prime Minister to accelerate Infrastructure Investment in its first meeting has finalized deadlines with time lines for the intermediate steps for key infrastructure projects. The progress on the intermediate steps will be monitored on a regular basis. The deadlines will ensure that Ministries or Departments are clear about not just the over
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ArcelorMittal abandons 12 mn t steel project in Odisha
After unsuccessfully waiting for seven years to secure land, ArcelorMittal abandoned its 12-million tonne steel plant in Odisha citing unviability of the project. In a press release, the firm said the inordinate delays relating to land acquisition and allocation of captive iron ore blocks means this project is no longer viable
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Surat corporation wants govt to clear TP schemes
Surat Municipal Corporation (SMC) requested the state government to clear all its town planning (TP) schemes in a time-bound manner to enable planned development of the city. There are 128 TP schemes for the city of Surat that are on different stages of implementations. Of these, only 28 received the final approval so far and 30 are on preliminary stage. Further, 60 are on sanctioned draft TP scheme stage, 7 on draft submitted to government stage and
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Rail projects in Karnataka get additional Rs 6 bn funds
In 2013-14, the central government would spend an additional Rs 300 crore on railway projects in Karnataka, while the state government would contribute an equivalent amount for these projects. Thus, a total of Rs 600 crore would be spent on rail projects in the state during the current financial year over and above what was budgeted. The Union Railway budget 2013-14 allocated Rs 900 crore for rail projects in the state. Including electrification and doubling of tracks, it would top Rs 1200 Rs 1