NTPC the state-run power producer has agreed to sign the new fuel supply agreement (FSA) with Coal India, signaling an end to their long standoff.
A recent survey conducted by Cushman & Wakefield, a real estate consultancy, indicated that the demand for luxury residential facilities in Gurgaon will rise sharply in the next four years.
State-level PSU Transformers and Electricals Limited Kerala (Telk) on Wednesday delivered its first 270 MVA, 400kV, single phase generator transformer, according to a company statement. The transformer is slated to be commissioned for Thermal Power Tech Corporation Limited (TPCIL)’s 660Mw super critical thermal power station in Krishnapatnam, Andhra Pradesh.
Gujarat Chief Minister Narendra Modi on Tuesday announced an ambitious plan of filling 115 dams in seven districts of Saurashtra with Narmada waters in the coming three years.
The tripartite joint venture (JV) agreement between state-run Bhel, Nuclear Power Corporation of India Ltd (NPCIL) and Alstom of France is likely to be finalised soon.
North Bengal affairs minister Gautam Deb has introduced a new housing project in Jalpaiguri district of West Bengal. Under this new housing project those who are below the poverty line (BPL) and whose names are not in the BPL list can also get benefited. He said that around 1000 people will get houses under the project.
Union Minister of Urban Development Kamal Nath and Dr. Vince Cable, the British Secretary of State for Business, Innovation and Skills signed an MoU on Urban Regeneration and Development in London.
The Coal India Ltd (CIL) board is likely to take up the issue of coal price pooling today for implementation of the modified Fuel Supply Agreement (FSA).
The finance ministry is set to meet chief executives of leading public sector banks tomorrow in New Delhi to discuss credit flow to the two sensitive sectors - real estate and housing.
As the Maharashtra government has clarified that the value-added tax (VAT) cannot be more than 0.5% to 3% of the total agreement value, property buyers can ask their respective builders for a breakup of the 5% VAT amount.
New and Renewable Energy Minister Farooq Abdullah said that generation-based incentives and depreciation allowance to encourage production of power from new and renewable sources will be on top of the 12th Plan agenda.
L&T Construction has bagged project work orders worth Rs 1,065 crore in the Petroleum, Chemicals, Petrochemicals Investment Region (PCPIR) of Dahej, Gujarat.
Minister of State for Commerce and Industry Jyotiraditya Scindia said that the capacity of cement production in the country is expected to increase to 349.6 million tonnes (mt) in the current financial year from 336.10 mt during the last fiscal.
Delhi's skyline could resemble Manhattan's or Shanghai's if urban development minister Kamal Nath has his way. The minister has mooted verticalisation of Delhi in the new Master Plan for 2021 by allowing higher floor area ratio in the city, which is expected to increase housing stock considerably and rejuvenate some old commercial areas, reports Economic Times.
The Inter-Ministerial Group on public private partnership (PPP) mode in coal mining, comprising the Planning Commission, the Department of Economic Affairs (DEA) and the Coal Ministry, has emphasised the need for PPP mode for mining and evacuation of coal from Coal India Limited-owned mines.