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Cairn gets nod to produce gas in Rajasthan

Cairn gets nod to produce gas in Rajasthan

Oil and Natural Gas Corporation (ONGC) and the Directorate General of Hydrocarbons (DGH) have given Cairn India the go-ahead to start production from the Bhagyam oilfield, the second-largest find in the prolific Rajasthan block.

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Punj Lloyd bags GMR project

Punj Lloyd bags GMR project

Punj Lloyd has bagged a project worth Rs 1,050 crore from GMR Projects. Punj Lloyd will undertake the design, engineering, procurement and construction of 124 km of the six-lane Chittorgarh bypass to Udaipur (Rajasthan).

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Rural roads Country roads, take me home

Rural roads Country roads, take me home

A new opportunity knocks on the doors of private developers, especially those in the second-tier or contractors aspiring to be developers. Rural roads are all set to offer large opportunities this year as the government steps on the accelerator to see projects through, after the successful experiment by PMGSY especially in quality monitoring and maintenance contracts. Janaki Krishnamoorthi writes.

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Expertspeak Ways to lure

Expertspeak Ways to lure

Policy suggestions for private participation in rural roads.The way for the government to attract private participation in rural roads should be introduce innovative bidding and quality processes such as bundling allied projects into a road contract,says Hemant Kanoria.

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Shunglu report: Can SEBs finally breathe easier?

Shunglu report: Can SEBs finally breathe easier?

Under pressure from banks, who are refusing to lend, state utilities are poring over the new reports by Shunglu and BK Chaturvedi Committees. Is franchise the best way forward, though? At 31 percent, the national average on AT&C losses are unacceptably high. Quantified, this amounts to nearly Rs 70,000 crore of losses, and the Finance Commission fears that this amount will rise to Rs 1.16 lakh crore by 2014-15.

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8 inter-city rail lines to NCR

8 inter-city rail lines to NCR

Eight inter-city rail corri­d­ors in National Capital Region (NCR) are required to facilitate commuters as per a study report. The total cost of the rail link covering a distance of 640 km has been estimated at Rs 1,41,470 million.