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Govt to launch IPDS at Rs 500 cr in 12th Plan

Govt to launch IPDS at Rs 500 cr in 12th Plan

During the 12th Five Year Plan, the Union Cabinet Committee on Economic Affairs has approved the launching of a new Integrated Processing Development Scheme (IPDS) with a total cost of Rs 500 crore and to establish four to six brown field projects and three to five green field projects addressing the environmental issues faced by textile processing units.

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Rescheduling for road projects cleared

Rescheduling for road projects cleared

The Union Cabinet Committee on Economic Affairs (CCEA) has cleared premium rescheduling of road projects (means, postponement of premium payments by highway developers) and referred the matter to a panel for fine-tuning. The move could help infrastructure majors such as GMR and GVK whose projects were facing delays on account of high premium.

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Rs 2,029 cr for 4-laning of Kaithal-Rajasthan border h’way

Rs 2,029 cr for 4-laning of Kaithal-Rajasthan border h’way

The Union Cabinet Committee on Economic Affairs has given its approval for four-laning of the Kaithal Rajasthan border section of National Highway-152/65 in Haryana under the National Highways Development Project (NHDP) Phase IV, on Design, Build, Finance, Operate and Transfer (BOT/DBFOT) basis in Build-Operate-Transfer (BOT) (Toll) mode of delivery.

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Nod to develop 471 km highways at Rs 4,618 cr

Nod to develop 471 km highways at Rs 4,618 cr

Four proposals to widen a total of 471 km of highways have been approved by the Union Cabinet Committee on Economic Affairs. The proposed road works require an investment of Rs 4,618 crore. The projects are Jabalpur-Bhopal in Madhya Pradesh, Demow-Bogibil, Jorhat-Demow and Numaligarh-Jorhat.

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Nod to 4-laning of Demow-Bogibil junction in Assam

Nod to 4-laning of Demow-Bogibil junction in Assam

The Union Cabinet Committee on Economic Affairs has given its approval for the four-laning of the Demow-Bogibil junction section of National Highway-37 in Assam under the Special Accelerated Road Development Programme in North Eastern Region (SARDP-NE). The project is on Design, Build, Finance, Operate and Transfer (DBFOT) basis in Build-Operate-Transfer (BOT) (Annuity) mode of delivery.