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CIL may import coal for the first time
In order to meet supply commitments from power sector, state-run miner Coal India (CIL) would source coal from abroad for the first time in 2013-14. CIL, which produces around 80 percent of the country's coal, has found it difficult to meet the supply commitments from power producers under the fuel supply agreements (FSA
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Govt may ease exit norms for road developers
The Union government may relax exit norms for highway developers, a move which will increase mergers and acquisitions in the road construction sector of India. At present, there are limits on the extent to which a lead project developer can exit from a project, with time-based milestones. Relaxation of this norm has been a long-standing demand of developers and the Cabinet may soon take up a proposal in this regard.
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China's incursion: India may lose access to 750 km
India has described the China's incursion into its land as a 'deep scar.' It is reported that China has reinforced its position across the Line of Actual Control and raised the real prospect of India losing access to 750 sq km in strategically crucial northern Ladakh.
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Noida farmers agree to give land for 8-lane link road
Greater Noida Authority has said that farmers of Devla and Khodna Khurd villages have agreed to part with their land for the eight-lane Noida-Greater Noida link road. The Authority said that the 130 m link road will be ready by July. The Authority will soon begin taking over the land whose acquisition was quashed by Allahabad high court on October 21, 2011.
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ITS expected to make Noida-Greater Noida E'way safer
To monitor and manage traffic flow on the Noida-Greater Noida Expressway, the Noida Authority is stepping up efforts to set up the Rs 15 crore Intelligent Transport System (ITS). Even as the Detailed Project Report (DPR) for the project has been prepared by the consultants, tenders are expected to be floated and finalised in this May.
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NHAI loses Rs 874 cr on project delays: CAG
The National Highways Authority of India (NHAI) has incurred a loss of around Rs 873.85 crore due to delay in completion of port road connectivity (PRC) projects. This was stated by the Comptroller and Auditor General of India (CAG) and it observed this while reviewing the operations of special purpose vehicles (SPVs) formed for implementation of PRC projects that connect major ports.
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Six-laning of Gurgaon-Kotputli stretch on NH-8 delayed
The Union Minister of State for Road Transport and Highways Sarvey Sathyanarayana has said that the six-laning work on Gurgaon-Kotputli stretch on National Highway No 8 has been delayed. The main reasons for delay are due to slow progress during construction by Concessionaire, delay in the land acquisition, delay in Forest Clearance, delay in removal of religious and other structures & additional works in the project scope owing to public representations etc.
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Centre to allow 100 per cent stake sale in BOT projects
Infrastructure developer IVRCL is going slow on its proposal to monetise three more build, operate and transfer (BOT) projects in the light of expectations that the Union government will soon take a decision to allow 100 per cent stake sale in BOT projects. It is just a matter of procedure. The decision will come soon as everybody, including the NHAI (National Highways Authority of India), is in favour of it, IVRCL Chairman and Managing Director, E Sudhir Reddy, said.
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Kwatha in Manipur gets solar lighting equipment
The United Committee Manipur (UCM) presented two solar lighting equipments to the people of Kwatha, a village under Chandel district through the Village Chief N Kamal at his residence on April 29. UCM has been visiting and studying the shortages in interior areas of the state. As a part of the initiative, the Committee is presenting solar lighting equipments to the people of Kwatha located at the remote area in Chandel district with an aim to bring about an equitable society.
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Road widening in T'puran for monorail project
In Kerala's capital Thiruvananthapuram, as part of the monorail project the 9.53-km stretch on the national highway linking the IT hub of Kazhakkoottam with Kesavadasapuram will be developed for four-lane traffic.
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