The emerging Indian market will continue to attract project-contracting businesses from China as experts call for more mutual investments and cooperation between large companies to tap the huge
The Cabinet Committee on Economic Affairs has approved the proposal for the four laning of the Rewa to Sidhi section of National Highway-75E in Madhya Pradesh through a Public-Private Partnership on
On 18 March, the Cabinet Committee on Economic Affairs (CCEA) approved the project of two- laning with paved shoulders of the Ladnu (Nimbhi-Jodha) – Degana - Merta City section of National Highway
The ministry of power has plans to promote renovation and modernisation (R&M) of coal-based power plants of central and state power utilities, with annual generation capacity of 30,000 Mw.
The Cabinet Committee on Economic Affairs (CCEA) gave in-principle approval and finalized the blueprint of the controversial pooling mechanism in its meeting of 5 February but has deferred the final decision on its implementation.
The second presidential directive imposed on CIL by the government is likely to get the nod of Union Cabinet, this time for implementing the price pooling of domestic and imported coal for supplies to the power plants.
The government decided to put a cap on budgetary allocations for annuity payments for the PPP projects to do away the burden on future budgets.
The government on 10 January approved two highway projects for widening of roads in Bihar, Jharkhand and Odisha at an estimated cost of Rs 5,652.03 crore.
Prime Minister Dr. Manmohan Singh reviewed the performance of the transport sector in a series of meetings recently. The decisions taken at the meetings are as follows:
The Cabinet Committee on Economic Affairs, at a meeting chaired by Prime Minister Manmohan Singh, gave its nod for private participation to improve railways connectivity, modernize
Central Electricity Authority and the ministry of power will be required to seek advice of power utilities for signing Fuel Supply Agreements (FSAs) with Coal India as the latter has agreed to CEA's formula for pooling coal prices.
The Power Ministry wants Coal India Ltd (CIL) to allow power plants run by the same promoter to swap coal among the plants. As a result, a company having projects at multiple locations is allowed to transfer or swap allocated domestic coal linkages amongst its own plants.
The Prime Minister's Office (PMO) has asked both Coal India and Central Electricity Authority to work on the issue of the price pooling mechanism of imported coal, which is unresolved.
Almost 65,000 Mw of power generation capacity is held up in the country due to shortage in fuel supply by state-run Coal India, says a report.
The government has introduced more business-friendly policies, with a package to unclog investment flows into the power sector by reviving bleeding state electricity boards, and reached out to the common man with measures to prevent hoarding of edible oils and pulses to control inflation.