In a bid to boost power capacity, Union Budget 2011-12 extended tax holiday for power sector projects including Ultra Mega Power Projects which take off this fiscal.
Tag: March
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Tata's new seat of power
Consequent to the forthcoming retirement of Prasad Menon on 31 January, Tata Power appointed Anil Sardana as the Managing Director with effect from February.
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Project process automation: Improved visibility is key
One of the biggest hurdles in the process of project management in our country is its systematised monitoring, which can actually be powered by software programs and provide better transparency, data and feedback.
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Budget 2011-12: Infra on higher pedestal
The government intends to spend Rs 214,000 crore on infrastructure, 23.3 per cent higher than the allocations in 2010-11, accounting for major share of 48.5 per cent of the gross budgetary support to the central plan.
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Pipeline transport offers lower cost and higher capacities
The initiatives in the nation’s new bid to use gas as a more environmentally acceptable alternative to oil is influencing piping contractors.
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PPP is almost the only way for better management of water sector
A new initiative by ADB and the Government of India seeks to promote and “mainstream†PPP for inclusive growth of the country.
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Jain Irrigation to enter green energy sector
Jain Irrigation Systems is planning to commercially enter the green energy sector by offering its expertise to food processing.
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Ports and the state go together
You can see Kerala’s maritime initiatives brewing: In September last year, the cabinet approved a Maritime Board for the state, PPP bids are on, and the stage is now set for the state to see the projects through and to consolidate.
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Vodafone the winner in Essar JV tussle
Essar has abandoned plans to inject part of its 33 per cent stake in the Vodafone Essar venture into a listed shell company, after objections by its partner, Vodafone.
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Rail gets leg-up from budget
Railway Budget 2011-12 initiates set up of a bridge factory in Jammu and Kashmir, as the J&K rail link project involves a large number of bridges.