The Rs 23,136 crore Mumbai Metro line-3, which would link Colaba, Bandra, Santacruz Electronics Export Processing Zone, received approval from the union cabinet recently. The cabinet also approved the plant to set up a joint venture between the centre and Maharashtra government with equal shareholding between them. In line with the Delhi, Bangalore, Chennai and Kochi metro projects, the present special purpose vehicle (SPV), calle
Tag: infrastructure
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Govt redrafts master plan for Jodhpur
Rajasthan government redrafted the Jodhpur master plan taking into account the fact that a stretch of the Delhi-Mumbai industrial Corridor (DMIC) would fall in the city. The state government has reportedly included several different provisions in the existing master plan taking into account the fact that the DMIC would pass through Jodhpur
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Govt mulls Rs1.5 bn infra projects in six months
Across various sectors including ports, airport and power & transmission, railways, the central government plans to implement Rs 150,000 crore worth projects in the next six months. After taking approvals from the Cabinet, the government plans to award these infrastructure projects in the next six months, Planning Commission Deputy Chairman Montek Singh Ahluwalia said
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Govt begins trial run on STP at Muttathara
Reports indicate that the government began trial runs on the sewage treatment plant (STP) at Muttathara in Thiruvananthapuram. The government would conduct the trial run for the first three months, reports indicate. The original capacity of the plant is 107 million litre per day, but only 42 mn ld sewage reach the STP from the core areas of the city
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GMB mulls maritime cluster to boost port infrastructure
AK Rakesh, Vice-Chairman and Chief Executive of Gujarat Maritime Board (GMB) informed that the organisation would develop a maritime cluster on the lines of such centres in Singapore and Dubai. The regulator for all non-major ports and shipping activities in the state also plans to develop two port cities. The maritime cluster approach, an important component of government policy in the US, the UK, Sing
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Tata Group firms mull Rs 700 bn worth projects in 5 yrs
In the next five years, Tata Housing, Tata Realty and Tata Projects would implement projects worth at least Rs 70,000 crore, media reports indicate. In the coming years, various Tata Group companies would participate in sectors such as roads and highways, reports indicate. In 2013-14, these three firms are executing projects worth Rs 15,000-20,000 crore
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Plea for attracting pvt investment in infra sector
Planning Commission deputy Chairman Montek Singh Ahluwalia asked Goa Chief Minister Manohar Parrikar to promote private participation in the development of physical infrastructure. Ahluwalia urged Goa to try and cover all urban areas with sewerage network using latest technology to achieve the goal of total sanitation in the state. He offered the Planning Commission's full support to Goa in solid waste management and to make Goa plastic free
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APM Terminals to join hands with Ningbo Port
A joint venture between Ningbo Port Group and APM Terminals would invest in and operate berths 3, 4 and 5 at NingboĆās Meishan Container Terminal in China. Both the parties have recently entered into an agreement
for this joint venture. While Ningbo Port Group would invest 75 percent, APM Terminals would contribute the remaining 25 percent in the joint venture. The berths are expected to ope
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Ministry may direct major ports on work site preference
Media reports indicate that the union shipping ministry may ask all major ports to wind up their marketing offices and allow all its senior officers to work from the port premises. Recently, the shipping ministry directed Jawaharlal Nehru Port Trust (JNPT) to close its 7,000-sq feet office on the top floor (31st) of the World Trade Centre (WTC) at Cuffe Parade in South
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Minister proud of performance in 2012-13
Union Minister for Shipping GK Vasan said the achievement of his ministry was outstanding during 2012-13, in terms of awarding capacity augmentation projects at major ports. The ministry awarded 32 projects in 2012-13 which will add a capacity of 137 mn mtpa (million metric tonne per annum) at an estimated investment of Rs 6,765 crore. This is the best performance for any year in the