For the Union governmentÂ’s debt restructuring plan for State-owned power distribution companies, at least six states have agreed to subscribe. The deadline for States to opt for the package has been extended by three months and would now end on March 31. The three-month period would be used to accommodate agreements by more states and ensure consensus building among stakeholders.
Once accepted by all states, the Rs 1.9-lakh-crore package is expected to bail out financially-stressed distribution
Tag: Uttar Pradesh
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Six states agree for discom debt rejig package
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Reinventing IndiaÂ’s road infrastructure
Highway award and implementation has faced a major slowdown this fiscal, but most of the factors are the usual suspects. Then why is this year different? Rohit Chaturvedi and Tejaswi Subramanian explain the potential pitfalls and silver lining in the sluggishness. After a year of aggressive bidding and flourishing business, the road sector has seen a marked slowdown this year in the number of allotments made or expected to be made by the National Highways Authority of India (NHAI).
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UP, Gujarat, TN, Maha have large share in road projects
The Associated Chambers of Commerce and Industry of India (Assocham) has said that Uttar Pradesh, Gujarat, Tamil Nadu and Maharashtra together have over 50 per cent share in the road projects being undertaken in the country.
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Maharashtra has most operational toll roads: Study
The Associated Chambers of Commerce and Industry of India (Assocham) has stated that Maharashtra has 21 road projects worth over Rs 4,800 crore under operation in public-private partnership (PPP) mode as of August.
Uttar Pradesh has over 15 road projects (33 per cent) worth over Rs 55,000 crore under construction and Karnataka has 53 road projects (49 per cent) worth over Rs 25,000 crore under bidding, the apex industry body added.
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UP has highest road projects worth Rs 55k cr: Assocham
As on August this year, Uttar Pradesh, with the highest share of over 33 per cent roads among states, has 15 road projects worth over Rs 55,000 crore under construction in the public-private partnership (PPP) model, says a study by trade body Assocham.
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Another expressway in UP
Another expressway between Agra and Lucknow has been planned by the Uttar Pradesh Government, which implemented the Yamuna Expressway between Greater Noida and Agra.
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Preventing blackouts: A step back in power distribution?
The future of power sector is linked with smart grid systems that would integrate energy infrastructure, processes, devices, information and markets into a coordinated and collaborative process that allows energy to be generated
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RGTIL seeks pipeline project
Reliance Gas Transportation Infrastructure (RGTIL) has approached PNGRB with an Expression of Interest (EoI) to lay down a 300-km pipeline
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Handygo in rural areas
Mobile value-added services provider Handygo Technologies plans to invest Rs 120 crore in expansion of its services in the country in the next 12 months.
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UP mining contracts
In order to root out corruption, malpractices and bring about transparency, Uttar Pradesh government has made it mandatory for all mining contracts to be awarded through e-tendering.