In the 12th Five Year Plan, the Union Government will increase investments on physical infrastructure, with special emphasis on connecting remĂÂote and rural parts of India.
Tag: September
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Entry tax on vehicles
The Rajasthan government is mulling over levying entry tax on commercial vehicles entering the boundary of Jaipur municipality to fund its ambitious project of Jaipur Metro.
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Ind-Barath to raise PE funds
Hyderabad-based Ind-Barath Power is looking to raise Rs 1,000 crore through private equity, after the company shelved its plans to go public due to volatile market conditions.
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Jindal to set up largest IWT system
For creating and operating infrastructure for transportation of coal, required for NTPC's power plant at Farakka, West Bengal, through inland waterways, Jindal ITF and NTPC have entered into a strategic agreement.
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Concor links more locations with Guj ports
Direct container services from various north Indian locations to Mundra and Pipavav ports in Gujarat have been introduced by Container Corporation of India (Concor).
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TERI to analyse tariff scheme
The Shipping Ministry has engaged The Energy and Resources Institute (TERI) to anĂÂalyse the port-wise 'cost plus' method of tariff fixation as envisaged in the Tariff Guidelines of 2005.
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Cabinet nod for Land Acquisition Bill
The Union cabinet has approved the Land AcqĂÂuisition Bill. In the redefined version, a rider has been added that urban projects should be meant for production of goods or services for public.
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SBI can't sponsor infra fund
State Bank of India (SBI) can't set up a new unit to run the operation owing to a regulatory hurdle.
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Poor policy hits power FDI
NTPC has blamed insufficient 'politico-administrative' support to tackle commercial losses and poor health of government utilities for low foreign direct investment (FDI) inflows into the Indian power sector.
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7 DPRs of power projects
The Central Electricity Authority (CEA) has received the Detailed Project Reports (DPRs) of seven hydroĂÂ-power projects which will generate 3,760 MW of power in the north east region.