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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 spend Rs 66.5 bn

TN govt to spend Rs 66.5 bn

The Tamil Nadu government plans to upgrade civic amenities like drinking water supply, drainage, sewerage, solid waste management across urban areas in the state at an investment of Rs 6,654.03 crore.

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TN govt urges centre to withdraw dual pricing of diesel

TN govt urges centre to withdraw dual pricing of diesel

In a recent letter to the Prime Minister, the Tamil Nadu Chief Minister J Jayalalithaa asked the centre to withdraw the decision on dual pricing of diesel, which she terms as "ill-conceived, ill-timed". Jayalalithaa warned in the letter that if the centre does not hear the stateÂ’s request, the state government has no other option, but to approach the Supreme Court for

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TN to bring new system to maintain roads, highways

TN to bring new system to maintain roads, highways

In Tamil Nadu, the Jayalalithaa-led government on January 23 announced the introduction of a new performance-based maintenance contract system for maintaining the roads and highways in the state. The news system is considered as a major fillip to road infrastructure in the state.

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TN govt to spend Rs 66.5 bn on urban infrastructure

TN govt to spend Rs 66.5 bn on urban infrastructure

The Tamil Nadu government plans to upgrade civic amenities like drinking water supply, drainage, sewerage, solid waste management across urban areas in the state at an investment of Rs 6,654.03 crore. In this regard, the state government launched recently an integrated urban development mission which would be implemented in the city corporations and muni

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Contract opportunities in exploration segement

Contract opportunities in exploration segement

Exploration and production segment in oil and gas sector holds tremendous business potential in India given the rising demand for crude oil and natural gas in the country. According to one estimate, oil consumption in the country may expand 4-5 percent per annum to 2015, indicating a demand of 4.01 million barrels per day by 2015 from the present level of around 3 mn barrels per day.

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TN govt moves forward in L&T’s port project

TN govt moves forward in L&T’s port project

In a move that signifies the early inauguration of the Rs 4,000-crore L&T port-cum-shipyard at Kattupalli in North Chennai, Tamil Nadu government held talks with the firm on the issue of jobs. Reports suggest that officials from various ministries of the state government held discussions with the c

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TN govt notifies Infrastructure Development Act

TN govt notifies Infrastructure Development Act

The Tamil Nadu government framed rules and notified the Tamil Nadu Infrastructure Development Act 2012. The state government has created an institutional framework through this law and it encompasses over 25 social and physical infrastructure sectors.

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Infrascape 2013 | Great opportunity in 2013

Infrascape 2013 | Great opportunity in 2013

Most of the contracts in the Infrastructure sector are long lead time projects with significant investments. Whic­hever customer of ours in these industries that we speak to, they all have experienced the effects of overall economic slowdown and the difficulty in getting funds for these projects. Larger projects such as in the power sector or in the road construction have continued to face problems in land acquisition and obtaining all the governmental clearances.