Tag: Infrastructure Today

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Nabard’s offer to TN infra projects

Nabard’s offer to TN infra projects

For developing several infrastructure projects in Tamil Nadu, the National Bank for Agriculture and Rural Development Bank (Nabard) has committed a financial support of Rs 1,500 crore to the state during the current fiscal.

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ADB loan to Rajasthan

ADB loan to Rajasthan

To boost Rajasthan's renewable energy capacity and to construct a power transmission system in the state, the Asian Development Bank (ADB) has agreed to provide a loan of $500 million.

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CAD to be under control

CAD to be under control

RBI Governor, Raghuram G Rajan has said that the current account deficit (CAD), which was going to take the country to crisis, is likely to be under control for the time being.

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Migration policy to aid PPP projects at major ports

Migration policy to aid PPP projects at major ports

To help 15-20 public-private partnership (PPP) projects at major ports in the country, the Union Government is set to announce a 'migration policy'. The new policy will be applicable for PPP projects signed on the basis of 2005 guidelines, the Union Shipping Secretary, Vishwapati Trivedi has said.

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CCEA okays steps to operationalise IDF

CCEA okays steps to operationalise IDF

The Cabinet Committee on Economic Affairs (CCEA) has approved the following steps to promote the operationalisation of Infrastructure Debt Funds (IDFs): (a) Capping of the annual guarantee fee payable to the concession authority at 0.05 per cent per annum of outstanding debt financed by the IDF NBFCs for the first three years of operation of the IDF NBFCs; and (b) Access to the benefits of Public Financial Institutions (PFI) status to IDFs like permitting IDF NBFCs to file Shelf Prospectus under

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Nod to shale gas, oil exploration

Nod to shale gas, oil exploration

The Cabinet Committee on Economic Affairs (CCEA) has approved the proposal of the Ministry of Petroleum and Natural Gas on the policy on exploration and exploitation of shale gas

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Bill for speedy dispute resolution

Bill for speedy dispute resolution

For speedy resolution of the public-private partnership (PPP) disputes, a draft bill is being prepared by the Planning Commission. The Commission will soon finalise the bill to place it before the Cabinet for approval, reports indicate.