Securities and Exchange Board of India (SEBI) would decide whether the Undertakings of Government of Tamil Nadu can buy the 5 per cent equity of Neyveli Lignite Corporation (NLC). The decision to offload the central government's 5 per cent equity in NLC was taken at a meeting of the Cabinet Committee on Economic Affairs on June 21. The union government plans to mop up around Rs 700 crore
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Tag: Tamil Nadu
Realigned Virahanoor-Paramakudi h’way progresses
In Tamil Nadu, the four-lane highway from Madurai (Virahanoor-Paramakudi) is progressing with a revised plan. According to sources, the National Highways Authority of India (NHAI) officials, Virudhunagar Congress MP Manicka Tagore inspected the proposed points at Virahanoor, Silaiman and Puliankulam on June 29.
GAIL gets interim relief from HC order
In an interim relief to Gas Authority of India (GAIL), the Madras High Court stayed an order passed by the Tamil Nadu government for removal of pipelines laid by the gas utility major in farm lands in the state. GAIL was laying pipeline in some farm areas of Tamil Nadu as part of its Kochi-Bangalore pipeline project. However, farmers raised objection to the project in the state and this prompted the state government to disallow the project
Govt targets TN’s hospitality sector to promote solar power
In Tamil Nadu, the Union Ministry of New and Renewable Energy (MNRE) is now targeting hospitals and hospitality sectors to promote solar energy as an alternative. To demonstrate this, the Union government partnered with the United Nation Development Program (UNDP) and Global Environment Fund (GEF) to conduct programmes based on solar power for market development.
Rains hinder ghat road repairs in TN’s Nilgiris district
In Tamil Nadu, the National Highways Authority of India (NHAI) plans to complete the repair and maintenance works on the ghat road to the Nilgiris at the earliest. Though it started the works last month, rain in the Blue Mountains has slowed down the job. NHAI said that it planned to repair and strengthen the road for 114 km from Kallar to Kakanallah in three phases.
JICA gets request from TN govt for funding support
At a meeting with the top officials of the Japan International Cooperation Agency (JICA), Tamil Nadu Chief Minister J Jayalalithaa sought the agencyÂ’s support to fund business and infrastructure projects in the state. Akihiko Tanaka, President of JICA met Jayalalithaa in the Secretariat recently. During the meeting, the chief minister is learnt to have asked the president to create a separate line of credit to support private companies part
JICA gets request from TN govt for funding support
At a meeting with the top officials of the Japan International Cooperation Agency (JICA), Tamil Nadu Chief Minister J Jayalalithaa sought the agencyÂ’s support to fund business and infrastructure projects in the state. Akihiko Tanaka, President of JICA met Jayalalithaa in the Secretariat recently. During the meeting, the chief minister is learnt to have asked the president to create a separate line of credit to support private companies part
Poor transmission causes wind power loss to TN
Chairman of Indian Wind Power Association Kasturirangan said that at a time when every unit of power generated matters to the state, Tamil Nadu has lost 100 million units of wind power in a week alone. Even before the peak wind season of July,
TN govt’s solar project yet to take off as clarity eludes
Lack of clarity on the implementation of incentives provided by the Tamil Nadu government affected the installation of rooftop solar power systems in households and industrial and commercial buildings. While the solar policy mandates industries and commercial entities to procure 6 percent of their power from solar sources, there has been no official com
AAI set to get land for two airport expansion projects
According to media reports, the Tamil Nadu government is set to handover land for the expansion of Madurai and Tuticorin airports to the Airports Authority of India (AAI). For the Madurai airport project, the state government is set to issue acquisition notification, while for the Tuticorin project, the process of issuing acquisition notification would be completed soon, reports indic