The Coal Ministry has made amendments in certain clauses of the bidding document pertaining to the three coal blocks put for auction. The development follows the bidders raising concerns on various issues with regard to the mines put up for sale.
Tag: India
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Rajasthan to set up regulatory body for roads
To enhance the state's road network, the Rajasthan government will set up a regulatory body on lines of National Highways Authority of India (NHAI). The authority will be mandated to oversee the road construction and get the necessary approval for the concessionaire.
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Coal ministry imposes fine on Abhijeet Group
Abhijeet Group has been penalised by the Ministry of Coal for delay in coal production. The fine imposed is not much and it hurts the company's prestige more than the finances.
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Karnataka to revive infra projects
The Karnataka government is planning to revive a slew of infrastructure projects, including high-speed rail network and an international convention centre near Kempegowda International Airport near Devanahalli.
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Japan to support infra growth in India
Japan is keen on strengthening its investments in India. Apart from industrial investments it is also contributing to upgrading infrastructure. After the completion of the preliminary report on the corridor in 2012,
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Supreme Court allows iron ore mining in Goa
The Supreme Court allowed mining to resume in Goa, subject to an annual cap of 20 million tonne from leases other than dumps, lifting a ban that it imposed in 2012 but disallowing all so-called deemed lease holders from continuing with the activity.
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Finmin move to make spectrum a tangible asset
The finance ministry is preparing a draft note on making spectrum a tangible asset so that the airwaves can be considered as collateral by financial institutions for lending to telecom companies.
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MoRTH to try new technologies
To encourage adoption of new materials and technology in road construction, the Ministry of Road Transport and Highways (MoRTH) has formulated a policy where new technology can be adopted through pilot projects.
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Rs 3.3 lakh crore invested in 113 projects
Initial numbers flowing into the cabinet secretariat suggest that nearly 90 per cent of the investment in large projects, which were held up and have now been cleared, have materialised.
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L&T to construct Doha Metro project
Larsen & Toubro (L&T) has won a Rs 4,510-crore order from Qatar Railways Company for design and construction of the Gold Line of the Doha Metro project. The company has an order book of Rs 1.7-lakh crore and has given an order growth forecast of 15 per cent for 2013-14.