Proposed road projects that have not finished the acquisition of the required land for the purpose will not get loans from State Bank of India (SBI). The decision has been taken by SBI on the requisition of Central Bureau of Investigation and Chief Vigilance Commission. SBI is IndiaÂ’s biggest moneylender.
FlashNews:
Windergy India 2025: India Must Target 85% Local Content in Wind Projects by 2030, Says MNRE Minister
THINK Gas and Tata Motors Join Forces to Expand LNG Trucking Infrastructure
Otis India to Equip Mumbai-Ahmedabad Bullet Train Stations with 55 Elevators and Escalators
Alpex Solar to Commission 2.2 GW G12R TOPCon Cell Facility in Strategic Technology Pivot
IndiGo Adds Bengaluru-Riyadh Direct Flights to Expand Middle East Connectivity
Honeywell Unveils Biocrude Technology to Power Maritime and Aviation Decarbonisation
GREW Solar Unveils G12R Modules for Large-Scale Solar Projects
Inox Solar-LONGi Sign 5 GW Module Deal to Accelerate India’s Solar Manufacturing Push
India Crosses 500 GW Power Capacity; Renewable Generation Tops 50% on Record Day
IMW 2025: Strategic Fleet Ownership Key to India’s Energy Future
POWERGRID, NEA Ink Cross-Border Transmission Pact to Strengthen India-Nepal Power Ties
Rahul Jain Appointed as Suzlon CFO as RE Major Seeks to Expand Footprint
Gadkari Calls for Accountability and Innovation to Build World-Class Roads
India’s Solar Diplomacy Gains Momentum as Minister Joshi Calls for Equitable Energy Transition at ISA Plenary
Solar for All: President Murmu Urges Inclusive Energy Revolution at ISA Plenary
From Code to Concrete: Why the Smart Infrastructure Boom Needs Bobs to Become Tech Builders
Toll Revenues Surge to ₹491.9 Billion in Jan-Sept 2025, Driven by Higher Traffic and Revised User Fees: ICRA Analytics
IMW 2025: India positions itself as maritime bridge between Indo-Pacific and Global South, says Amit Shah
IMW 2025: Gadkari Calls for Private Innovation in Ship Financing, Launches Maritime Vision Report
Nod to licensing of land to developers of 4 major ports
The Union Cabinet has approved a proposal to license land to developers of projects at four major ports under public-private partnership (PPP) mode to strengthen the ports' capacity. It cleared one project on lease basis for setting up a cement bagging plant at Cochin Port.
HMDA invites land owners for pooling scheme
Hyderabad Metropolitan Development Authority (HMDA) has invited expression of interest from land owners who are interested in providing their land for a pooling scheme. The authority launched land pooling scheme as a pilot project for an area of 250–300 acre near the Outer Ring Road and within one km belt on either side of the Growth Corr
NCR RRTS project faces several challenges
Experts discuss the challenges that may arise in the implementation of the Rs 72,000 crore NCR Rapid Rail Transit System (RRTS) project. The NCR authority plans to implement the project through Public Private Partnership (PPP) mode. Experts feel that the viability of the project depends on th
GAIL India faces delay in pipeline project
The 900 km gas pipeline project of GAIL India is facing delay because of land acquisition issue in Kerala and Tamil Nadu. It is learnt that GAIL has so far completed only 30 km of the pipeline. GAIL India is constructing a 505 km pipeline through Kerala, 310 km through Tamilnadu and 85 km through Karnataka
NHAI drops highway projects worth Rs 4,000 cr
As the National Highways Authority of India (NHAI) could not acquire land required for road construction, it has scrapped highway projects worth Rs 4,000 crore in Goa and Kerala states. Referring the NHAI's inability to build the 4,000 crore highways, the Federation of National Highway Builders said that a new land acquisition law for public purpose has to be implemented and coordination between NHAI and State governments should be more.
Land issues of Posco project may be resolved soon
Commerce and Industry Minister Anand Sharma expressed confidence that the issues involved in acquiring some forest land for the $12 billion steel project by South Korean steel major Posco in Odisha may be solved soon. Speaking to reporters, the minister said there have been some difficulties in acquiring certain section of land that was already either encroached or not free from encu
ChPT seeks NHAI’s assistance in road project
Chennai Port Trust (ChPT) has reportedly approached National Highways Authority of India (NHAI) to facilitate the reclamation of a stretch of land to carry out the Ennore-Manali Road Improvement Project (EMRIP). The project has been stranded for several months because fishermen refuse to provide a portion of land which passes through Kasimedu Fishing
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
Minister hopes 6% GDP growth in FY14
Finance Minister P Chidambaram expressed hope that the Indian economy may expand at 6 per cent or slightly more during 2013-14. This is higher than the 5 percent growth registered in 2012-13. Speaking to reporters, the minister also expressed hope that the Parliament would pass the real estate regulator and land acquisition bills in its monsoon session
 

