The government could soon give the go-ahead to excluding the cost of land while computing the total cost of infrastructure projects, a measure that will allow more ministries to clear their own projects without going through the time-consuming process of seeking the approval of the Cabinet Committee on Economic Affairs.
Tag: infrastructure
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Keen to scale up investments: PM
PM Narendra Modi said rupee bonds to fund infrastructure projects will be launched in countries like Singapore. ´We are keen to scale up investments in next generation infrastructure including digital networks and clean energy,´ he said.
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AMRUT Action Plans for 81 cities
Tamil Nadu, Madhya Pradesh, Jharkhand, Odisha and Mizoram to improve water supply and sewerage network infrastructure under the Atal Mission.
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New e-way sectors to get infra boost
The Noida Authority has started working on several projects that they hope will give a boost to infrastructure in newly-developed sectors along the Noida-Greater Noida expressway. This includes connecting Faridabad and Greater Noida. It has also reviewed all projects along the expressway.
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GSIDC to put Panaji on ´Smart City´ map
Even as the Smart City proposal is finalised, the corporation of the city of Panaji unanimously approved the proposal to allow Goa state infrastructure development corporation to go ahead and prepare the service level implementation plan for the Union ministry of urban development´s Atal mission for rejuvenation and urban transformation (AMRUT) scheme.
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Greening infrastructure for healthier cities
Recent discussions in media and academia on the status of the Green Belt around Bangalore, in the revised Master Plan for 2031, indicate that better options for keeping adequate green components in urban systems are needed.
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Madhucon sells Agra-Jaipur expressway project for Rs.248 cr
Hyderabad-based infra player Madhucon Projects has sold its 100 per cent stake in Madhucon Agra- Jaipur Expressways Ltd (MAJEL) to Singapore-based Cube Highways and Infrastructure for Rs.248 crore.
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EPC contractual issues
One of the major costs in an infrastructure project is the tax cost that a project has to bear on account of various indirect taxes, viz., the value added tax, works contract tax, service tax and many other similar taxes. Typically, in most of the infrastructure projects, the owner awards a turnkey contract to one party known as the engineering, procurement and construction (EPC) contractor.
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International Railway Equipment Exhibition | Equipped for the future
IREE 2015 provided a glittering centre-stage for all rail-technology related organisations and individuals to display their strengths, advancements and future plans
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Powering the change
The government is finally taking note. While it is too early to say that a solution to the woes of distribution companies (DISCOMs) is just around the corner, the wheels are in motion.