Under the Rural Infrastructure Development Fund (RIDF XVIII), Karnataka received Rs 236.18 crore loan from the National Bank for Agriculture and Rural Development (Nabard). Through this loan, the state government would carry out 82 minor irrigation projects, 189 rural road projects and 42 rural bridge projects in the state.
Tag: Karnataka
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2G Auction Base Price Slashed
The panel of ministers on spectrum has reduced the base price for unsold airwaves in four regions Delhi, Mumbai, Karnataka and Rajasthan - by 30 per cent, and approved the telecom departmentĆās plan to simultaneously sell these airwaves along with a portion of spectrum held by incumbent operators before March 31, Telecom Minister Kapil Sibal said
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MPT set to diversify cargo handling
The crisis in the mining sector in Goa and Karnataka affected cargo traffic at Mormugao Port Trust (MPT) and hence the port plans to diversify its cargo handling. In this regard, the port is said to have taken steps to change its profile from a mono-commodity port to a multi-commodity port
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Maharashtra has most operational toll roads: Study
The Associated Chambers of Commerce and Industry of India (Assocham) has stated that Maharashtra has 21 road projects worth over Rs 4,800 crore under operation in public-private partnership (PPP) mode as of August.
Uttar Pradesh has over 15 road projects (33 per cent) worth over Rs 55,000 crore under construction and Karnataka has 53 road projects (49 per cent) worth over Rs 25,000 crore under bidding, the apex industry body added.
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Highest PPP road projects are in Karnataka: Assocham
The Associated Chambers of Commerce and Industry of India (Assocham) has stated that Karnataka has the highest share of over 49 per cent with 53 road projects worth over Rs 25,000 crore under bidding in the public-private partnership (PPP) model.
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Ramky achieves financial closure for Hospet road project
For the Rs 1,103-crore Hospet-Chitradurga tollway road project in Karnataka, Ramky Infrastructure has achieved financial closure. The company closed finances through debt syndication of Rs 830 crore to execute the road project.
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The renewed imperative for projects
Is the government going slow on PPP projects? More infrastructure projects are being commissioned in the country on EPC
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BHEL sets up 5 mw solar plant
Bharat Heavy Electricals (BHEL) has set up a 5-mw grid-connected solar power plantfor Karnataka Power Corporation (KPCL) at a cost of Rs 62 crore at Shivasamudram near Mandya.
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KRC's RORO service in demand
Konkan Railways is planning to introduce a sixth rake on its route as the demand for roll-on roll-off (RORO) service from truckers has groĆĀwn further.
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We need to rethink governments structure for better project implementation
Urban transport can be profitable, but do our city governments have the powers and the capability? Sudhir Krishna, Secretary, Union Ministry of Urban Development, who was recently in Mumbai to attend the Traffic Infra Tech Expo,