Karnataka government is reportedly in the process of acquiring land for the proposed six-laning of the Bangalore-Mysore highway, which is currently a four-lane stretch. The state Public works department would place the proposal for the project before the National Highways Authority of India (NHAI). The existing 4-lane stretch is not sufficient to carry about 70,000 vehicles that ferry through the route daily
Tag: land
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State govt acquires land for highway widening project
Karnataka government is reportedly in the process of acquiring land for the proposed six-laning of the Bangalore-Mysore highway, which is currently a four-lane stretch. The state Public works department would place the proposal for the project before the National Highways Authority of India (NHAI). The existing 4-lane stretch is not sufficient to carry about 70,000 vehicles that ferry through the route daily
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272 projects across various sectors face delay
Data released by the Ministry of Statistics and Programme Implementation (MoSPI) shows 272 projects out of a total 558 projects costing at least Rs 150 crore are running late as on March 31, 2013. As many as 59 of these projects reported delays just in March 2013 (additional delay
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Odisha CM wants Posco to begin work on project
Odisha Chief Minister Naveen Patnaik has reportedly asked Posco India to begin work on the much-delayed 8 million tonne per annum (mn tpa) steel project in Jagatsinghpur district. However, the Indian arm of the South Korean steel maker faces two key problems for the proposed steel project. They are land and environment clearance
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World Bank expects Indian economy to grow 5.7% in FY14
World Bank expects India's GDP at factor cost to grow 5.7 per cent in 2013-14 and then accelerate to 6.5 per cent and 6.7 per cent in the two subsequent financial years, respectively. The multilateral lending agency said this in its Global Economic Prospects report released recently. In 2012-13, the economy expanded at a decade-low pace of 5 percent. The report notes that growth in South Asia would primarily be driven by an estimated pick-
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Port acquires land for cargo storage
Port Taranaki, which is a port complex located in New Plymouth, New Zealand, has acquired a 21.5 hectare power station site from Contact Energy for $24 million. Methanex New Zealand has also participated in the acquisition of the land, which could be used to store more bulk dry and liquid cargo and logs. Of the $24 million deal, the Taranaki Regional Council-owned port paid $15.5 mn for the majority stake, while Methanex New
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Panel probes charges against Krishnapatnam port
A Supreme Court-appointed committee is probing the alleged violation of environment permissions and encroachment of assigned land by Krishnapatnam port in Andhra Pradesh. The Central Empowered Committee (CEC) appointed by the apex court visited the port to inquire into the allegations against Nellore district administration and the port
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Steel ministry to expedite big ticket steel projects
Union steel ministry is reportedly taking steps to expedite big ticket investment projects, which are held up owing to various issues in the steel sector. In Odisha itself, eight projects are stuck because of reasons like lack of statutory clearances, non-availability of raw material linkage and law and order problem during land acquisition
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Govt to probe land acquisition for airport project
Karnataka government would probe the allegation of farmers that the Karnataka Industrial Area Development Board (KIADB) allotted part of the land acquired by the board for an airport project to the Deshpande Foundation. KIADB has allegedly acquired over 700 acre land from farmers for the expansion of the Hubli airport while the actual requirement was 600
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Proposed port project in AP faces road block
Media reports indicate that the proposed major port project at Dugarajapatnam of Vakadu mandal in Andhra Pradesh may not take off because of complications in the identified site. A technical committee that studied the project objected the Dugarajapatnam location keeping in view the reservations expressed by the Isro scientists as well ecologists as it was close to the Pulicat Lake, a reserved bi