Engineering major Larsen & Toubro expects to bag at least two thermal projects out of the 12 which are likely to come up for bidding over the next one year, a senior company official has said.
Tag: infrastructure
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Goa to get Rs.700 cr infra boost
In a major step to give a boost to the poor infrastructure in Goa, the Chief Minister Laxmikant Parsekar has proposed to increase the budget of the state infrastructure development corporation (GSIDC)-the special purpose vehicle for such projects-to Rs 700 crore which is almost three times of the previous year.
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AP expects over 100 new projects in 5 years
´The Andhra Pradesh Government is expecting 139 new infrastructure projects across the state over the next five years that would see an investment of $30 billion,´ said Ajay Jain, Secretary, Infrastructure and Energy.
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GIDC to receive Rs.700 crore
Goa government has proposed to increase the budget of the Goa state infrastructure development corporation (GSIDC) to Rs 700 crore which is almost three times of the previous year.
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Government amends norms for financial support to PPP
The Government has approved amendments to the Public-Private Partnerships (PPP) guidelines to enhance financial support to projects in infrastructure sector.
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A call on telecom
India´s telecommunication network is the third largest in the world and the second largest among the emerging economies of Asia. It has witnessed phenomenal growth over the last decade as substantiated by the following facts and figures
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Smart cities will need smarter administration
A smart city´s command centre will manage everyday services such as power distribution, water and solid waste management.
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Tata Power SED to invest Rs.500 crore
Tata Power´s defence engineering unit, Tata Power Strategic Engineering Division (SED), is investing around Rs 500 crore in Vemagal, Kolar district, Karnataka. It is planning to set up a manufacturing plant dedicated to the defence sector. The new plant, which is expected to come up in 50 acres of land, will be the company´s largest manufacturing unit set-up in the country.´
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Govt to establish infrastructure fund
Finance Minister Arun Jaitley proposed the setting up of a National Investment and Infrastructure Fund (NIIF) with an initial corpus of Rs 20,000 crore that can be leveraged by infrastructure companies.
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SBI chief for new infrastructure financing model
State Bank of India (SBI) chairperson Arundhati Bhattacharya said India needs to identify new models for infrastructure development and financing in order to take the country forward on the economic front.