The Union government has given its consent to the expansion work on the Kerala Border–Kollegal section of National Highway-212 in Karnataka. The highway project is for two/four laning with Paved Side Shoulders (PSS). The highway project has been approved under the National Highways Development Project (NHDP) Phase IV, on design, build, finance, operate and transfer (BOT/DBFOT) basis in build-operate-transfer (BOT) (Toll) mode of delivery. The Cabinet Committee on Economic Affairs recently gave i
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Udupi to get Varahi river water supply soon
In Karnataka, Udupi city will be provided drinking water supply from Varahi river and a dam will be constructed in Saligrama town panchayat limits. For the purpose, Rs 450 crore has been set aside under the phase two of Karnataka Urban Development and Coastal Environmental Management Project (KUDCEMP), said the State Urban Development Department and district in charge minister Vinay Kumar Sorake.
Roads in a bad shape in Malnad region of Karnataka
In Karnataka's Malnad region, roads of Shimoga district that connect the coastal districts of Dakshina Kannada, Udupi and Uttara Kannada are in a pathetic condition. While Tirthahalli, Hosanagar and Sagar taluks fall in the Malnad region, Bhadravati, Shimoga, Shikaripur and Sorab taluks are in the semi-Malnad region.
Central Bank of India to add 23 branches in coastal AP
During the current financial year, the Central Bank of India is to add 23 more branches in the coastal Andhra Pradesh, said Balakrishnan, the bank Field General Manager in charge of Karnataka and Andhra Pradesh. He added that the bank was competing with the new generation private banks in providing services to customers. Balakrishnan said this in Visakhapatnam on August 7 after opening the bankÂ’s 75th retail asset branch in the country.
Airport works stopped
In Karnataka, the upcoming greenfield airports in Gulbarga and Shimoga may not get ready by the end of this year. Both projects, being built on a public-private partnership (PPP) model, stand grounded.
NHDP package may solve Shiradi Ghat problem
In Karnataka, the proposed four-lane road project from Hassan to BC Road on National Highway 48 is expected to give the much-needed relief for the nightmarish experience on the 37 km Shiradi Ghat stretch between Bangalore and Mangalore. The Rs 2,038 crore crore project has been scaled down to Rs 673.43 crore and will be taken under National Highway Development Project (NHDP) IV B package.
BMTC to run fleet on CNG once GAIL project takes off
Bangalore Metropolitan Transport Corporation (BMTC) would be able to run its fleet on CNG (compressed natural gas) once GAIL India sets up filling stations in the city. GAIL India, along with Karnataka government is in the process of setting up 25 CNG filling stations across Bangalore city to supply gas to BMTC. To undertake distribution of clean natural fuel for transport and other sec
Karnataka ranks 3rd in port projects under bidding
Karnataka ranks 3rd in value terms for projects under bidding in the ports industry in the public private partnership (PPP) sector as of 30 April, 2013, according to a study titled 'Port Developments in India' by Assocham, a trade body. Gujarat and Kerala occupies first and second place, the study sai. A statement from Assocham said that With 3 projects worth over Rs 3,200 crore, Karnataka ranks 3rd with share of about 40% in value terms for the projects under bidding. However, there are no port
Govt gives 2,000 acre land for Rs 300 bn steel project
For implementing its proposed 6-million tonne-per-annum (mn tpa) steel plant, the Karnataka government granted over 2,000 acre land to ArcelorMittal at Kuditini, Bellary district. The state government and the global steel giant entered into a memorandum of understanding (MoU) for the Rs 30,0
Posco shelves $5.3 bn steel plant project
Owing to its inability to secure land, South Korean steelmaker Posco cancelled its proposed $5.3 bn steel plant project in Karnataka. In an official communication, the firm said the delay in land acquisition has been prolonged and this prompted it to shelve the project. In June 2010, Karnataka government signed a preliminary agreement with the firm for the project. According to the agreement, the firm was to set up a 6 mn t

