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Panel likely to bring hope for road developers

Panel likely to bring hope for road developers

The report by the C Rangarajan headed committee, set up by the Cabinet to decide on premium payments for road projects awarded in the last two-three years on a public-private partnership basis, is expected to submit its report soon.

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Locals complain against Vizhinjam port project

Locals complain against Vizhinjam port project

Fishermen in the adjacent areas of the Vizhinjam port project in Kerala complained that the proposed project would threaten their livelihood. Fishermen raised their concerns at the recent public hearing of the environmental impact assessment report. Besides the concerns of the fishermen, complaints were also raised about the possible adverse impact or chan

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Govt may implement Rs 140 bn metro project in 3 phases

Govt may implement Rs 140 bn metro project in 3 phases

Assam Chief Minister Tarun Gogoi informed that the proposed metro rail project in Guwahati may cost Rs 14,000 crore and it may be implemented in three phases. It may be noted that recently the union government cleared the proposal for the project and also earmarked
Rs 25 crore for the feasibility study and the preparation of a

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Gas price hike may fetch $2.2 bn more income to govt

Gas price hike may fetch $2.2 bn more income to govt

A report by brokerage firm Bank of America Merrill Lynch shows that government may get an additional revenue of $2.2 billion owing to its decision to double domestic natural gas price. The government would use this additional revenue, which it may get through higher taxes and profit, to fund rise i

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RITES to prepare reports for metro rail project

RITES to prepare reports for metro rail project

State-run consultancy firm RITES will submit the feasibility report for the proposed 30-km Patna Metro rail project by September, 2013 and the detailed project report (DPR) by December, 2013. In its scope of works, the consultant will be required to identity the mass transit corridors on the basis of detailed traffic demand assessment study, topographic survey, soil survey at 500 meters interval on the proposed stretch among other measures, they

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Karnataka govt works on Rs 73 bn water project

Karnataka govt works on Rs 73 bn water project

Karnataka government would soon finalize all preparations for the proposed drinking water project in Yettinahole and take up the tender process. The project involves constructing water reservoirs and dams at an estimated cost of Rs 7,300 crore. This information was given by the leader of the House in the state legislative council recently. The proposed project would benefit Bangalore Rural, Kolar, Tumkur and Chikkaballapur districts

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Govt offered 17 blocks to PSUs

Govt offered 17 blocks to PSUs

The government offered 17 coal blocks for allocation to government companies and identified six more explored coal blocks to allocate to private sector through competitive bidding. The government said this in its 'Report to the People' released by Prime Minister Manmohan Singh and Congress President Sonia Gandhi on the fourth anniversary of UPA-II

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Shah panel to submit report on mining in Odisha

Shah panel to submit report on mining in Odisha

Justice Shah Commission would submit its report on illegal mining in Odisha by July to the Supreme Court. It may be recalled that the commission was set up to study violations in iron ore and manganese mining in India and recommend changes. The panel submitted a similar report on illegal mining in Goa in September 2012 and following this, the apex court bann

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Bihar leads in policy on renewable energy: Report

Bihar leads in policy on renewable energy: Report

Greenpeace has released its assessment report on Renewable Purchase Obligation (RPO) titled Powering Ahead on Renewables: Leaders and Laggards', which ranks all the states on their performance in renewable energy supply and calls for revision of RPO mechanism based on equity principle. Bihar takes the lead on a constructive policy on renewable energy, the report said.