West Bengal government plans to build and improve 4,000 km of highways on public-private partnerships (PPP) mode, the state's Industrial and Investment Policy, 2013 shows
Tag: West Bengal
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Tata firms in West Bengal to expand
In West Bengal, Tata Group is on an expansion mode after the Singur debacle. Tata Group Chairman Cyrus Mistry could be right in saying the Tatas have never left West Bengal. The group's major investments in Bengal are from Tata Metaliks, Tata Consultancy Services (TCS), Indian Hotels and Tata Hitachi. At the moment, TCS, Indian Hotels and Tata Hitachi are in an expansion mode, sources said.
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West Bengal calls bids for Rs 500 cr highway stretch
In West Bengal, financial bids from the short-listed infrastructure companies have been called by the West Bengal Highway Development Corporation (WBHDC) for four-laning of the Dankuni-Chandannagar section of State Highway-13. Infrastructure majors such as Gammon India, HCC, IVRCL and Nagarjuna Construction are in the fray to participate in the project, sources said.
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Govt may adopt SPV model for proposed port projects
According to some media reports, central government plans to develop two major ports, one each in Andhra Pradesh and West Bengal, through special purpose vehicle (SPV)-based model. The central government may contribute Rs 5,000 crore as equity for the two projects. Reports indicate that the central government may contribute 74 percent of the total project cost, while the respective state gove
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Dena Bank to strengthen in east
Ashwani Kumar, Chairman and Managing Director of Dena Bank said the bank decided to strengthen its footprint in the eastern part of the country especially in West Bengal and Bihar.
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WB power plants possess record coal stock
In West Bengal, power plants this year have comfortable stocks of coal when compared to the same time last year. The power plants in the same time last year were struggling for coal with stock down to critical limit of four days
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High Court clears land acquisition for metro project
The transport department of the West Bengal government received clearance from the Calcutta High Court for the land acquired to implement a part of the East-West Metro project. The department acquired land for construction of Central Station at Bowbazar in the city under the metro rail project. However, residents of the area opposed the land acquisition arguing that the state government failed to anno
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Dena Bank to strengthen presence in eastern regions
Ashwani Kumar, Chairman and Managing Director of the state-run Dena Bank said the bank decided to set its footprint in the eastern part of the country especially in West Bengal and Bihar. The state-run bank, which is predominantly present in the western part of the country, is turning to east as the region appears less crowded and shows opportunity
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Ports in east coast have tremendous potential
Ports in the eastern coast of India hold tremendous potential for growth in cargo traffic owing to the development of new projects in the neighbouring areas, reports suggest.Some reports indicate that the ports in east coast are expected to handle coking coal and non-coking coal imports as several major power plants are coming up in Chhattisgarh and Jharkhand
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Land acquisition hurdle delays customs post project
There is a delay in the upgradation of the land customs station at Petrapole, West Bengal, which accounts for more than half of the bilateral trade between India and Bangladesh, owing to impediments in land acquisition. The check post will offer customs and other clearances required to export goods and will reduce the time taken for the movement of cross-border consignments. This information was given by Amit Kumar Roy, commissioner of customs (preventive) at a Bengal National Chamber of Commerc