Real estate developers feel that one of the key impediments in setting up affordable houses in Special Economic Zones (SEZs) is lack of basic civic infrastructure. Developers also opined that the new industrial policy of the Maharashtra government earmarking 40 percent of land for SEZs might not see substantial land being used for housing purposes in Pune district. Maharashtra Industrial Development Corporation (MIDC) feels that majority of the notifi
Tag: project
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Draft policy calls for single e-window process
In the wake of delay in several steel projects and scams in allocating natural resources, the draft national steel policy suggests introduction of an online single e-window clearance for projects. The involvement of a large number of agencies in project clearances is considered to be a major hurdle in creation of green field steel capacities
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Prithvi Steels to set up steel tube plant in Rajasthan
Prithvi Steels, which makes steel pipes, agreed to set up a steel tube manufacturing facility on 2 acre land in Rajasthan for Mahindra World City, Jaipur. Prithvi Steels would set up the plant at a cost of Rs 20 crore. Mahindra World City, which is an integrated business city, expects the plant to be ready by mid-2014 and also plans to set up a strip mill in the future.
It e
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ONGC lines up 44 mega projects for 2012-17
Sudhir Vasudeva, Chairman and Managing Director of ONGC informed that the state-run oil and gas explorer would execute 44 mega projects worth about Rs 86,862 crore between 2012-17. Of these projects, 16 would be on-land projects and 28 offshore. Most of the projects are lump-sum turnkey contracts (LSTK)
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Essar Oil to meet demand of villagers
According to media reports, the meeting between the agitating villagers of Dhabani in West Bengal and Essar Oil officials on the firm's coal-bed methane (CBM) project ended successfully. The villagers committed that they will not disturb work on the project. In exchange for this commitment, the officials of the firm agreed to meet some of the demands of the
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Ministry to discuss setting up of regulator
Union road ministry would soon discuss the proposal to form a regulator for the road and transport sector. After internal discussion, the road ministry would approach the cabinet for approval. The initiative in this regard is restarted in the wake of the recent move by some private companies exiting the projects on account of delay in
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Cabinet gives in principle nod for Rs 385 bn road projects
In order to cover unconnected habitations in Naxal-affected districts and areas of Arunachal Pradesh bordering China, union cabinet gave "in principle" approval for Rs 38,500 crore road projects. These projects would be implemented in 82 Naxal-affected districts where the population is 100 persons and above (as per the 2001 census) and areas of Arun
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Railways to attract Rs 50 bn pvt capital for port linking project
In the next five years, Indian Railways plans to improve rail connectivity to ports across the country by attracting private investment of around Rs 5,000 crore. The plan is expected to address bottlenecks in rail linkage to key ports in the country. In this regard, the railw
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Ennore port wants to raise capacity utilisation
MA Bhaskarachar, the new Chairman of Ennore Port wants to improve the utilization of various berths and increase the portÂ’s capacity to handle cargoes other than coal. By June this year, the entire port, including the approach channel and turning circle, will have a draft of 18 m
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Birla Group firm mulls container berth project
Media reports suggest Dahej Harbour Infrastructure plans to set up a new, multi-purpose berth that can also handle containers at its captive jetty in the Dahej port, Gujarat. It is also learnt that the new, multi-purpose berth will be designed to handle 5-6 mn t of cargo a year including containers