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,
Tag: investment
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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.
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Chinese finance
China Sunergy is willing to bring in investments into solar projects in India.The company, which supplied last year 45 mw worth of modules to two projects in Gujarat, is also interested in entering into strategic partnerships with Indian companies.The company is also seeking to bring investments into projects business to help clients overcome their financing barriers.
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SCCL to invest Rs 3,500 cr
Singareni Collieries Co (SCCL) has lined a capital expenditure programme of Rs 3,500 crore for the 12th Plan period to enhance its coal mining capacity from 52 million tonne to 57 million tonne.The miner has proposed an investment of Rs 2,000 crore, as part of its overall spending plans.
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India Aviation 2012 to highÂ-light investment opportunities
In view of the significance of the aviation sector and need for highlighting the investment opportunities, the Federation of Indian Chambers of Commerce and Industry (FICCI) and Ministry of Civil Aviation are jointly organising the 3rd edition of India Aviation Conference.
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Machilipatnam port project takes off
Mired over land issue for the last two years, the Machilipatnam port project is finally set to take off with the Andhra Pradesh government making an in-principle decision to lease out 4,800 acres to port operators, the Navayuga group.
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ONGC to speed up KG Basin work
The Oil and Natural Gas Corporation (ONGC) will accelerate work on a major oil and gas project in the Krishna Godavari basin by taking up works simultaneously with regard to exploration, development and seeking approvals from the government. ONGC has taken to production of both oil and gas from the KG Basin in a small way late in 2011.
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Powering up the slope
As India witnesses huge investments and growth in construction industry in recent years, the demand for heavy duty and reliable machinery, especially tippers, has been increasing.To address the growing market requirement,last year Tata Motors launched Tata 2518HD 9-speed MAV tipper that has quickly become the customers’ top choice in the category.
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Non-metro airports can be viable on PPP if govt pitches in funds: Experts
With city side development, can non-metro airports be made viable? Should non-aero activities be bid out separately? Experts tell us.Arun Chandran, Director Aviation & Project Management Services, Parsons Brinckerhoff India,currently engaged with projects at Delhi International Airport, Celebi, Maldives airport,support function at Hyderabad airport.