Prime Minister has launched the Pandit Deen Dayal Upadhayay Rashtriya Gramin Joyti Yojna in Bihar, aimed at power sector reforms in the rural areas. He also inaugurated the Daniyawan-Biharsharief new rail line and construction work of phase-1 of Jagdishpur-Haldia Natural Gas Pipeline.
Tag: infrastructure
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100% stake sale cleared in BOT projects
The Cabinet Committee on Economic Affairs has amended its earlier approval dated May 13, 2015, for permitting 100 per cent equity divestment after two years of construction completion for all BOT projects, irrespective of year of award.
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Maharashtra government to ramp up land acquisition
The Bharatiya Janata Party (BJP)-led government hopes land acquisition for infrastructure and industrial projects won-ĆĀ“t face major roadblocks in Maharashtra, as it proposes to carry out acquisitions through the consent route.
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Port development: Financial support to be sought from Centre
Financial support would be sought from the Union government to develop all ports, Karnataka State Minister for Ports Baburao Chinchanasur said. A
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License fee for services increased
The government has revised the rates for various services extended at the minor and intermediate ports in the state of Andhra Pradesh.
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IL&FS Transport plans to raise Rs.750 crore through rights issue
IL&FS Transportation Networks has said it plans to raise Rs 750 crore via a rights issue to augment its long-term resources.
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Dredging: Opportunities & Challenges
The world population depends heavily on dredging solutions for global trade, coastal defence, urban development, energy supplies, and leisure or tourism. Dredging is an indicator of the development of the coastal states and such sustained development is essential for the social and economic development of the country.
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Porting Ahead
The government has announced a massive investment in IndiaĆĀ“s ports sector, which is likely to boost the countryĆĀ“s economy. The government has massive plans of developing ten coastal economic regions by reviving the countryĆĀ“s Sagarmala (string of ports) Project.
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The PEB Wave
The shift from in-situ construction to factory-controlled pre-engineered high quality construction has changed the requirement of engineering, materials, and skills for the construction industry.
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IFC provides long-term tenors to match asset life and supports projects in new markets
IFC has been one of the earliest investors in renewable energy in India and leads in promoting the renewable energy generation agenda by investing in private sector developers and helping them leverage opportunities in solar, wind and other forms of renewable energy.