Reports suggest that the union government is facing difficulty in attracting private investment in port projects. It is learnt that projects in Visakhapatnam, Chennai and Tuticorin Port Trusts have not seen a single bid coming in from the private sector in the last
Tag: projects
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Andhra CM clears Rs 12 bn worth road projects
Andhra Pradesh Chief Minister N Kiran Kumar Reddy cleared Rs 1,200 crore worth road projects in and around Hyderabad at a recent official-level meeting. The Rs 1,200 crore project involves development of 16 radial roads with a combined length of 195 km to connect the inner ring road and outer ring road in the city
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Nashik division of PWD executes construction works
The north division of the Public Works Department (PWD) of the Maharashtra government is undertaking construction of roads, bridges, hospital buildings and other civic infrastructure projects. The division, which is headed by executive engineer Satish Chikhlikar, was allocated an annual sum of Rs 40 crore in 2012-13. Among the various projects undertaken by the division are the construction of Kadwa bridge on Pimpalgaon-Dindori Roa
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Nashik division of PWD executes construction works
The north division of the Public Works Department (PWD) of the Maharashtra government is undertaking construction of roads, bridges, hospital buildings and other civic infrastructure projects. The division, which is headed by executive engineer Satish Chikhlikar, was allocated an annual sum of Rs 40 crore in 2012-13. Among the various projects undertaken by the division are the construction of Kadwa bridge on Pimpalgaon-Dindori Roa
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Experts call for mechanism to rework PPP contracts
International experts on public-private partnerships (PPP) projects suggest the government to devise mechanisms to permit contract renegotiations during the term of the concession. Experts said this at a FICCI conference on PPP held recently in Delhi. According to a study by the World Bank, 55 per cent of (PPP) contracts in the transport sector were renegotiated across the world during 1985-2000
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Govt panel discusses PPP models in coal sector
On April 9, 2013, a government-appointed committee met for the first time to discuss various public private partnership (PPP) models in the coal mining sector. Union Coal Minister Sriprakash Jaiswal informed this in Lok Sabha recently
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Govt targets to award 9,000 km road projects in FY14
The Union Road Transport and Highways Ministry on April 16 stated that it has fixed an internal target of giving 9,000 km of projects in 2013-14 to ensure award of at least 7,300 km to revive the sector. The Ministry in an official statement said that for the FY 2013-14, the internal target has been fixed at 9,000 km of National Highways so as to ensure award of at least 7300 km.
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Experts suggest policy steps to boost affordable housing in urban areas
Experts suggest the government to liberalise obsolete development norms, rationalise floor area ratio and density in order to address shortage of housing in urban areas. According to experts, the process of urbanisation may grow at a compounded annual growth rate of more than two per cent over the next two decades and this c
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Ministry to meet banks, firms to address stalled projects
It is learnt that the union finance ministry would hold meeting with banks and companies to address the issue of stalled projects. Data available with the finance ministry shows that 215 projects, each with value of Rs 250 crore or more, have been identified as stalled. These projects are mostly financed by
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PM says govt takes steps to revive investment climate
Prime Minister, Manmohan Singh said the government was addressing many impediments affecting the implementation of infrastructure projects in order to revive the investment climate domestically. He said this during his address at the CII National Conference and Annual General Meeting, in