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Minister expects East-West Corridor to be ready by end 2014

Minister expects East-West Corridor to be ready by end 2014

Union Transport Minister CP Joshi informed media persons that work on 431 km of the 670-km East-West Corridor in Assam is over and the entire project would be completed by December 2014.He said the project is in progress against many odds like law and order problem, unfavourable weather conditions

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Ministry sets up panel for 2nd major port in Gujarat

Ministry sets up panel for 2nd major port in Gujarat

Union Minister of State for Shipping Milind Deora informed that his ministry set up a panel to study the feasibility of setting up another major port in Gujarat on the lines of Kandla Port. It is learnt that the committee will explore locations at which this second major port could come up. Gujarat alrea

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Paradip Port may post growth in cargo handling

Paradip Port may post growth in cargo handling

Reports indicate that Paradip Port may handle more cargo in 2012-13 that what it handled in 2011-12. However, the port may not be able to meet the target of 63 million tonne (mn t) set by the union shipping ministry. In 2011-12, the port registered 54.2 mn t cargo handling. During Apr-Dec 2012, the port handled 45 mn t car

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Delay in Posco project may be dealt by IMG

Delay in Posco project may be dealt by IMG

According to some press reports, the union government may form an inter-ministerial group (IMG) for recommending ways to fast-track clearance for PoscoÂ’s $12-billion investment plans in Odisha. Last year, the National Green Tribunal sought a fresh environment impact analysis for for the entire 12 million tonne per annum (mn tpa

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TN govt to introduce land acquisition policy

TN govt to introduce land acquisition policy

Tamil Nadu government plans to introduce a land acquisition policy considering that non-availability of land for industrial units is a major hurdle in attracting new investments in the manufacturing sector, Governor K Rosaiah said. He said this at the customary GovernorÂ’s address in the Assembly marking the start of the session

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TN govt to introduce land acquisition policy

TN govt to introduce land acquisition policy

Tamil Nadu government plans to introduce a land acquisition policy considering that non-availability of land for industrial units is a major hurdle in attracting new investments in the manufacturing sector, Governor K Rosaiah said. He said this at the customary GovernorÂ’s address in the Assembly marking the start of the session

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Ministry waives nod of gram sabha for linear infra projects

Ministry waives nod of gram sabha for linear infra projects

In order to address delay in projects, Union Environment and Forests Minister Jayanthi Natarajan allowed linear infrastructure projects, such as roads, transmission lines and gas pipelines to skip approval from gram sabhas. Under the Forest Rights Act, these projects required the approval of gram sabhas. The decision was taken con

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EPL gets response from leading firms for container project

EPL gets response from leading firms for container project

Domestic and global firms have reportedly shown interest in the container terminal expansion project of the Ennore Port (EPL) in response to the the portÂ’s Expression of Interest (EoI) issued recently. The project received interest from 11 companies including multinationals such as Port of Singapore Authority, DP World and APM Terminals, local firms like Lars

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Deadline likely to be extended for Gurgaon e-way works

Deadline likely to be extended for Gurgaon e-way works

In a big relief to all the stakeholders in the construction of Delhi-Gurgaon stretch, National Highways Authority of India (NHAI) allowed Infrastructure Development Financing Company (IDFC) to take 74 per cent stake in the project on January 30 and is likely to extend deadlines for the work. Overlaying on the entire Delhi-Gurgaon stretch was to be completed, as per an agreement signed by the NHAI, the project concessionaire and IDFC.

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RINL mulls Rs 20 bn investment in FY14

RINL mulls Rs 20 bn investment in FY14

Agency reports suggest that Rashtriya Ispat Nigam (RINL) would invest Rs 2,000 crore in 2013-14 if it secures a captive iron ore mine in Andhra Pradesh. If it fails to secure a captive mine in Andhra Pradesh, the corporate entity of Vizag Steel would invest Rs 1,200 crore on capital expenditure for 2013-14, agency reports quoted a top official of the firm as sayin