With regard to the infrastructure debt funds (IDFs), the SEBI board has approved the framework for setting up of the IDF by any existing mutual fund house that has been in the infrastructure financing business for at least five years.
Tag: India
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India to award $3.8 bn worth port projects
India is set to award 23 contracts for port expansion worth $3.8 billion this fiscal year.
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East coast ports to import bulk of coal
PVK Mohan, Chairman, National Shipping Board, said the country's coal imports will shortly rise to 200 million tonne annually and the bulk of the imports will be through east coast ports.
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Vizag port coal-handling unit to go on stream by Q4
The Rs 675-crore mechanised coal-handling facility of Vedanta Resources at VisakhaÂpatnam port in Andhra Pradesh is all set to go on stream by the fourth quarter of 2011-12.
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Hydel project dev policy approved in J&K
The Jammu and Kashmir government has approved the Hydro Electric Project Development Policy 2011 to harness huge hydel potential of 20,000 MW.
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Coal block bidding
The government expects to introduce competitive bidding for auctioning coal blocks by the end of the financial year.
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NTPC plans ash pipeline to restart 4 units
NTPC has proposed to lay a 40-km long pipeline for ash disposal from the four units of the 3,000-MW NTPC Kaniha plant in order to restart opeÂration of the four units.
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Power Min demands gas for 8 projects
Towards meeting the production of 3,153.5 MW of electricity, through gas, in the 11th Plan period, the Power Ministry has asked the Petroleum Ministry to expressly consider allocating 16.23 million metric standard cubic metre per day (mmscmd) of gas.
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Tata Power secures coal for Mundra UMPP
Tata Power has received coal from Arutmin mines, Indonesia, for its 4,000-MW ultra mega power project (UMPP) at Mundra.
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Alstom bags $414 mn hydel project
Alstom, in consortium with Hindustan Construction Company (HCC), bagged a contract worth more than $414 million by the Tehri Hydro Development Corporation (THDC).