The ongoing railway projects across India would require Rs 1.25 lakh crore for completion.
Tag: Portal
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JNPT terminal expansion plan in troubled waters
The Rs 8,000-crore container terminal expansion plan of the Jawaharlal Nehru Port Trust (JNPT), which is aimed at doubling its capacity, has run into trouble as the port's board raised doubts about the consortium that won the bid to undertake the country's largest terminal project.
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Karnataka maritime board
Karnataka Minister for Ports Krishna Palemar has said that the state government is planning to establish a maritime board for developing the sector.
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Revised coal block clearance policy gathering pace
The Union finance ministry has given an in-principle approval to a new mechanism in which all regulatory clearances are to be obtained by the government before coal blocks are auctioned to state-run or private companies, thus concluding the debate on 'go' and 'no-go' areas for mining of coal.
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Coal-rich nations' policies to hit power cos
Development of new proÂjeÂcts could face problems from the regulatory reforms being undertaken by coal-rich nations - from where the fossil fuel is sourced.
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Coal shortage to hit power addition plan
Shortage of coal is expected to impact the country's new capacity addition plans to the tune of 15,000 MW in the current fiscal.
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Solar power can meet 5-7% power requirements
A study published by KPMG, a global consulting coÂmpany, has forecast that solar power can meet 5-7 per cent of India's total power requiremÂents by 2021-22.
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Customs duty waiver to power projects
On the basis of a provisional certificate issued by the Finance Ministry, duty-free import of power equipment by mega power project developers is set to be allowed qualifying the developers for a waiver.
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NTPC to invest Rs 1 tn in hydel projects
NTPC plans to invest about Rs 100,000 crore over 10 years to set up the country's largest hydro power project.
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DoT plans fund for domestic companies
The telecom department plans to set up a Rs 10,000-crore fund that will provide loans at
5 per cent interest raÂtes to indigenous companies that enter the networks manufacturing space.