Planning Commission deputy Chairman Montek Singh Ahluwalia asked Goa Chief Minister Manohar Parrikar to promote private participation in the development of physical infrastructure. Ahluwalia urged Goa to try and cover all urban areas with sewerage network using latest technology to achieve the goal of total sanitation in the state. He offered the Planning Commission's full support to Goa in solid waste management and to make Goa plastic free
Tag: project
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Expert panel suggests renewal of green nod for Posco project
An Expert Appraisal Committee suggested the renewal of the environmental clearance for the proposed steel plant of the South Korean giant Posco at Jagatsinghpur, Odisha. Posco wants to set up a 12-mn tpa steel plant in the area. In the interim, it will be starting off with 4 mn tpa capacity and add another 4 mn t in the second phase. The committee
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GAIL gets interim relief from HC order
In an interim relief to Gas Authority of India (GAIL), the Madras High Court stayed an order passed by the Tamil Nadu government for removal of pipelines laid by the gas utility major in farm lands in the state. GAIL was laying pipeline in some farm areas of Tamil Nadu as part of its Kochi-Bangalore pipeline project. However, farmers raised objection to the project in the state and this prompted the state government to disallow the project
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Oil India to borrow to fund acquisition
TK Ananth Kumar, Director (Finance) of Oil India informed that the firm would borrow from the overseas market to fund its acquisition of the Mozambique gas project. He said the firm is considering to raise 80 per cent to 90 per cent of its share of $1 billion (in the acquisition).
In other words, the firm may raise a maximum of $900 million from overseas markets
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Ministry may direct major ports on work site preference
Media reports indicate that the union shipping ministry may ask all major ports to wind up their marketing offices and allow all its senior officers to work from the port premises. Recently, the shipping ministry directed Jawaharlal Nehru Port Trust (JNPT) to close its 7,000-sq feet office on the top floor (31st) of the World Trade Centre (WTC) at Cuffe Parade in South
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Court asks Kandla port to repay dues of ABG
A district court at Gandhidham directed Kandla port to take over a container loading facility, which was developed by ABG Infralogistics, only after repaying the debt owed by the latter to a consortium led by Axis Bank. The consortium is yet to recover about Rs 101 crore lent to ABG Infralogistics for developing the project. It may be recalled that earlier Kandla Port signed a 30-year concession agreement with ABG Infralogistics for the proje
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Ennore Port holding meet with firms
Ennore Port is in the process of holding pre-application meeting with the prospective bidders for the Rs 1,270-crore mega container terminal project. The port wants to implement the project under public private partnership (PPP) model on the design, build, finance, operate and transfer basis for a concession period of 30 years
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Minister proud of performance in 2012-13
Union Minister for Shipping GK Vasan said the achievement of his ministry was outstanding during 2012-13, in terms of awarding capacity augmentation projects at major ports. The ministry awarded 32 projects in 2012-13 which will add a capacity of 137 mn mtpa (million metric tonne per annum) at an estimated investment of Rs 6,765 crore. This is the best performance for any year in the
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BRO to repair highways damaged in flood
The Border Roads Organization (BRO) would focus on repairing and restore the damaged highways in areas badly-affected by flood in Uttarakhand. After reviewing the damage caused to roads, including the strategic ones being built along the border with China, in the flash floods in Uttarakhand, Defence Minister AK Antony asked the BRO to carry out their repairs within the earliest possible time-frame
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Study cites disaster risks in Delhi metro rail system
A report by the United Nations office on disaster risk reduction, UNISDR, points out that over 50 stations (phases I & II) of the Delhi Metro are located in areas of high-earthquake hazard, exposing the line to earthquakes of up to a magnitude of 8 on the Richter scale. UNISDR said this in its Global Assessment Report (GAR), which was released on June 3 for the Asia-Pacific region. One of the stations was also built in a high-flood hazard area. In both cases, hazard information was avail