Finance Minister Pranab Mukherjee indicated that public-private-partnership (PPP) projects should be directed to people who cannot pay for infrastructure services as it would ensure inclusive growth.
FlashNews:
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Govt proposes Coal Regulatory Authority
The Government proposes to establish a Coal Regulatory Authority to regulate and conserve resources in the sector, protect the interests of consumers and producers of coal.
12 vital areas for 12th plan
The Planning Commission has identified 12 critical areas around which the 12th Plan (2012-2017) will revolve, with social sector and infrastructure on priorities.
Bhel cuts down on delivery time
Beginning April 2011, BHEL will deliver boilers, two months ahead of the existing schedule and will aim to reduce the schedule by a total of four months for orders to be booked beginning 2012-13.
65,000 MW in 12th plan
India is slated to add 65,000 MW of power during the 12th Five Year Plan as various power projects will be commissioned by then.
4,000 MW project in Vizag
NTPC has plans to set up 4,000 MW power project at Pudimadaka, Anakapalli Mandal in Andhra Pradesh at a cost of Rs 23,000 crore.
Bina Refinery project to be operational this month
The ambitious Bina Project of Bharat-Oman Refinery is all set to go into commercial production from January 2011.
L&T bags Chennai Metro Rail depot works
The Chennai Metro Rail has awarded the construction of depot works to Larsen and Toubro at a cost of Rs 198.10 crores.
NTPC floats tender to source super-critical equipment
NTPC will float tenders worth Rs 17,000 crore this month-end for sourcing super-critical equipment.
Mundra Port commences coal terminal operations
Mundra Port and SEZ (MPSEZL) has commenced operation at its coal handling terminal and is all set to double its capacity to make it the world’s largest coal receiving terminal.