Tamil Nadu Industrial Development Corporation (Tidco) and Gail (India) will form a joint venture to set up a power plant and pipeline infrastructure to carry LNG. The new company will make an investment to the tune of Rs 10,000 crore over the next five years.
Tag: investment
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Emerging Kerala 2012: Business Meet
Fast-tracking the campaign to position Kerala as a thriving industrial state and hotbed for investments, Chief Minister Oommen Chandy today made an impassioned plea to top guns of the industry and corporate
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Good time for a boost
Infrastructure Today India Opportunity Conference will be held in Toronto on 11 May, and hopes to generate interest among Canadian investors in India’s vast infrastructure opportunities. Where are the best opportunities? A peek.
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Potential entrants are cautiously optimistic
Seeking to understand the Indian logistics sector better rather than to jump right in, potential investors and contractors from the developed nations are aware of the many a slip between the cup and the policymaker’s lip,
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Bitten by the bug of (non-)implementation
It took staggering statistics of disasters and deaths for the rail ministry to finally take cognisance of the need for modernisation leading to transport safety, seamless logistics and smooth transactions.
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Divining intervention
Nearly a fifth of the country’s land is rich in commercially viable mineral deposits, but without proper prospecting policies, mining has not always been scientific. The government is now wooing foreign players into prospecting and mining in India,
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Tax money and high-risk prospecting
Without investment in exploration leading to discovery of mineral deposits, no investment would be forthcoming in mining, India is a densely populated country with an ancient heritage of mining and metallurgy.
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The element of certainty
The new Mining Bill encourages private players to enter prospecting. However, if the result is zero after the recce, who will compensate them? So far, prospecting in India has been a business of the government, and has been happening at a much slower pace than required,
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Modified PPP model: Bringing in capabilities
PPP should not use public enterprise investments, says Mahesh PS Gandhi, who advocates a modified model for clean and effective financing and implemÂentation of infrastructure projects.
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US infra mission coming to India
The US Commerce Secretary, John Bryson, has said that he would lead an infrastructure focused trade mission to India this month.Bryson would be travelling to New Delhi, Jaipur and Mumbai, during which the US mission would seem a greater American pie to the estimated $1 trillion investment that India is seeking in the infrastructure sector.