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IL&FS ties-up Rs 3,029 cr loans for road works

IL&FS ties-up Rs 3,029 cr loans for road works

For financing road projects in Jharkhand, West Bengal and Maharashtra, IL&FS Transportation Networks on November 7 said it has tied up loans worth over Rs 3,029 crore. The loan agreements have been signed with IndusInd Bank, IL&FS Financial Services and Yes Bank, the company said.

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West Bengal gets 421 rural roads under PMGSY

West Bengal gets 421 rural roads under PMGSY

The Union Rural Development minister Jairam Ramesh has said that his department has finalised funds for 421 roads covering 1,887 km in West Bengal. The State Chief Minister Mamata Banerjee had written to the Prime Minister about norms being flouted by the Centre in allotment of funds to states.

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CMPDI data on shale gas

CMPDI data on shale gas

Central Mine Planning & Design Institute (CMPDI) submitted data package for six shale gas blocks to the Directorate-General of Hydrocarbons.

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Nayachar channel to aid Haldia port

Nayachar channel to aid Haldia port

As part of long-term measures to improve navigability at Haldia Dock Complex (HDC) in West Bengal, the Kolkata Port Trust (KoPT) proposes to cut a channel right through the Nayachar island. The Ministry of Shipping and KoPT's board of trustees have approved this project. UK-based HR Wallingford has suggested this channel.

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Bengal govt to widen roads to aid industries

Bengal govt to widen roads to aid industries

To help industrialisation in West Bengal, the State government will improve road connectivity by widening nearly 4,000 km of State highways, said the State Commerce and Industries Minister Partha Chatterjee. Widening of around 1,000-km State highway is likely to be completed this year, he added.

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Sagar Island seaport’s phase I to start from 2017

Sagar Island seaport’s phase I to start from 2017

Chairman of Kolkata port RPS Kahlon has said that
construction work on the Rs 8,000-crore Sagar Island seaport in West Bengal would begin in two years and the first phase operations would commence from 2017. Once the port commence operations, cargo handling at the existing Kolkata port would be stopped and the place could be used as anchoring for barges, Kahlon said.

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Navy wants pacing up of Sagar port project

Navy wants pacing up of Sagar port project

To ensure security in the north Bay of Bengal region, the Indian Navy wants the authorities concerned to expedite the Sagar port project in the southern tip of West Bengal. Senior officers from the Navy recently visited Sagar. The Sagar port will be very crucial for the country's defences, the Navy officials said.

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Rs 157 cr for road repairs in West Bengal

Rs 157 cr for road repairs in West Bengal

The 127 civic bodies in West Bengal were allocated Rs 157 crore by the State government for repair of major roads in the state. The allocation is keeping in view of the ensuing Durgapuja in the state. Kolkata Municipal Corporation is also included in the civic bodies for the allocation.