Infrastructure firm IL&FS Transportation on May 9 said it has signed a pact with National Highways Authority of India (NHAI) for Rs 1,665 crore road project in Jharkhand and West Bengal. The company said that the concession agreement for six-laning of Barwa-Adda-Panagarh section of NH 2 was signed between NHAI and Barwa-Adda Expressway, a subsidiary of the company incluidng Panagarh bypass.
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Coal India’s cost to rise owing to diesel price hike
Minister of State of Coal Pratik Prakash Bapu Patil informed Rajya Sabha that the rise in petrol and diesel prices will impact the cost of coal production in the country. The rise in diesel price would increase the cost of production of Coal India (CIL), which accounts for over 80 per cent of the domestic coal mining, by Rs 600 crore per annu