The total investment required in urban transport works out to roughly about Rs.1 lakh crore per year for the next 20 years. It is important to find appropriate ways and means to be able to generate this kind of investment.The next phase of IndiaĂÂŽs growth is predominantly dependent on planned urbanisation and the key to planned urbanisation is robust.
Tag: Kolkata
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Titagarh makes Metro coaches
Titagarh Wagons has made its maiden foray into manufacturing metro coaches. Recently, it bagged a contract for rehabilitation of 56 coaches (seven rakes) from the Kolkata Metro Railway.
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Reforms for civil aviation sector
Modernisation of existing airports and development of low-cost airports to promote air connectivity, particularly to remote and regional areas, is expected to get a boost under the new government. This may include awarding management contracts at six major airports to private sector players and development of 50 low-cost airports on a fast-track basis.
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India to use waterways to Ashuganj port
Bangladesh has agreed to allow India to use its waterways to Ashuganj river port on Meghna, about 37 km from Agartala, for carrying food grains from Kolkata to Tripura. Bangladesh government agreed to a request by the Centre
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Privatisation of airports on hold till elections
The Ministry of Civil Aviation will take up the privatisation of six major airports only after the elections, according to a top official in the ministry. A parliamentary panel had opposed the government's decision of privatising six airports in Kolkata, Chennai, Lucknow, Jaipur, Ahmedabad and Guwahati. The government had decided to allow private parties to pick up 100 per cent equity stake in operation and management of these airports.
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Xylem introduces pumping systems
With its participation in the International Mining Exhibition 2014 held in Kolkata, Xylem Inc has introduced new pumping systems that reinforce its focus on the global rental business for its premium products being used for the Indian mining sector. Xylem offers a full service rentals programme with a complete line of submersible pumps, engine-driven suction pumps, generators, piping and complementary accessories for long or short-term rental in various countries.
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Addl land for NTPC project
The West Bengal government decided to allot an additional 98 acre land and provide coal linkage with riders to NTPCĂÂŽs proposed 1,600 MW plant, clearing two major hurdles for the project. This would help remove uncertainty over implementation of the proposed project at Katwa in Burdwan district, she said after a Cabinet meeting held outside Kolkata for the first time.
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CCEA approves five port expansion projects
The Cabinet Committee on Economic Affairs (CCEA) has approved five projects involving an investment of over Rs 17,630 crore to increase the capacity of major ports, a government release said. These five projects are at an advance stage of tendering and are expected to be awarded by the end of March. Of the five projects approved, four are container terminals and one is a multi-purpose cargo berth project in Mumbai port.
The four container terminals are proposed in the major ports of Kandla (wit
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Two-day seminar on dredging in Kolkata in Jan
A two-day seminar on 'Dredging: Equipment and Applications' is to be held on January 24 and 25, 2014 in Kolkata, the Central Dredging Association has announced.
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Two-day seminar on dredging in Kolkata in Jan
A two-day seminar on 'Dredging: Equipment and Applications' is to be held on January 24 and 25, 2014 in Kolkata, the Central Dredging Association has announced.