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Govt to set up Rs 4,000 cr VLCC shipyard

Govt to set up Rs 4,000 cr VLCC shipyard

Centre plans to set up a shipyard to produce very large crude carriers (VLCCs) under public-private partnership with an investment of Rs 3,000-4,000 crore, in lieu of Hindustan Shipyard going to the defence ministry.

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NHAI's new financial plan

NHAI's new financial plan

The National Highways Authority of India (NHAI) is in the process of preparing a new draft plan as its earlier proposals were rejected by the Planning Commission citing that NHAI would find it difficult to borrow funds from the market.

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FACT of the matter

FACT of the matter

The work on pipelaying for transporting liquified natural gas (LNG) of Gas Authority of India (GAIL) is delayed due to FACT unable to give permission to undertake construction work at Udyogamandal and Cochin division.

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Draft mining bill gets GoM nod

Draft mining bill gets GoM nod

In November, our cover story debated the draft Mines and Minerals (Development and Regulation) Act, 2010 that will provide 26 per cent of company profit to the locals.