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Tag: project
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Railways require capital infusion
S C Agnihotri, Managing Director, Railway Vikas Nigam Ltd (RVNL) points out that infusion of private capital in augmenting infrastructure can break the vicious cycle of poor productivity, underinvestment and poor realisations in Indian Railways
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Urban Development Minister assures all possible assistance for expediting projects in Odisha
The Chief Minister of Odisha, Naveen Patnaik met M. Venkaiah Naidu, the Union Minister of Urban Development, Housing and Urban Poverty Alleviation (HUPA) and Parliamentary Affairs in New Delhi on June 3, 2014. M. Venkaiah Naidu assured the Chief Minister all possible help and cooperation of his ministry in the implementation of the projects. The Minister also mentioned that any pending release of funds to the State will be expedited.
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DFCC will encourage use of latest technological innovations
Speaking with Janaki Krishnamoorthi, RK Gupta, Managing Director, Dedicated Freight Corridor Corporation of India Ltd provides an update on the Dedicated Freight Corridor project.
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MoEF defers decision regarding Rajgammar UG coal block
The environment ministry has deferred a decision on granting clearance to underground coal mining project of Monnet Ispat & Energy Ltd in the state of Chhattisgarh. The said company is seeking environment clearance for Rajgammar underground coal mine project located in Korba district of Chhattisgarh.
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Odisha Government gives in-principle approval for Dhamra Port expansion
Dhamra Port Company Ltd (DPCL) is an equal joint venture (JV) between the Tatas and Larsen & Toubro (L&T). DPCL is implementing the Dhamra port development project. The port has sought 745 acre of land to facilitate its second phase expansion. This project phase is likely to cost Rs 10,000 crore.
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Govt to develop Vizag port at 845.41 cr
For handling iron ore at Visakhapatnam Port, the Union government has accorded approval for implementation of the project, upgradation of the existing facility at outer harbour and creation of new facility at inner harbor.
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Centre okays Rs 2,000 cr JNPT road project
A project to upgrade a road to Jawaharlal Nehru Port (JNPT) in Mumbai has been approved by the Union government on September 23. The road project involves a total expenditure of Rs 1,943.37 crore. The Cabinet Committee on Economic Affairs (CCEA) approved the road development project, to be undertaken by Mumbai JNPT Port Road Company (MJPRCL).
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Govt clears Beypore port project
Kerala government gave administrative approval for a Rs 380-lakh project to develop the Beypore port, Minister for Ports K Babu was quoted as saying in an official press note. Of the total amount, Rs 300 lakh would be spent on installing reach stackers for the movement of cargo containers from the wharf to the stacking
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RBI expects fall in corporate investment
Corporate investments, which stood at Rs 263,400 crore in 2012-13, may fall in the current financial year, Reserve Bank of India (RBI) said in its monthly bulletin for September. The capital expenditure intentions of the companies in private and joint business sectors were captured in the repo