June 19, 2013
Delhi Metro Rail Corporation (DMRC) would sign a general consultancy agreement with Kerala Monorail Corporation for the Thiruvananthapuram and Kozhikode monorail projects, which may together cost Rs 5,581 crore. Of the total project investment, Rs 3,590 crore would go for Thiruvananthapuram project and Rs 1,991 crore for Kozhikode project. DMRC would get 3.25 per cent of the total inv
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Posted in
Transport |
June 19, 2013
For time-bound and faster completion of National Highway (NH) projects in Kerala, all works including improvement, development, and maintenance of roads and bridges on NH stretches passing through the State, will be taken up in the EPC (Engineering, Procurement and Construction) mode. The decision to adopt the EPC mode instead of the item rate contracts comes in the wake of the latest guidelines issued by the Union Ministry of Road Transports and Highways (MRTH), say sources.
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Roads/Highways/Bridges |
June 18, 2013
Station Director of the Madras Atomic Power Station (MAPS) TJ Kotteeswaran has said that the MAPS' second unit is likely to start functioning only by the end of September, when the installation of a new transformer is expected to be completed. The unit, belonging to India's atomic power plant operator Nuclear Power Corporation of India (NPCIL), was shut down last month after a fire damaged its transformer.
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Posted in
Power |
June 18, 2013
For building 42 modern silos or foodgrain storage facilities countrywide, the Food Corporation of India (FCI) will soon invite bids, FCI said on June 17. In a pre-bidding meeting organised recently, FCI received 'overwhelming' response from the private stakeholders for creation of modern storage silos, it said in a statement.
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Real Estate |
June 18, 2013
Delhi Metro Rail Corporation (DMRC) awarded a Rs 383.7 crore contract to Era Infra Engineering (EIEL) for the construction of elevated viaduct, five elevated stations at the Kochi Metro Rail corridor in Kerala. The contractor is also responsible for architectural finishing, plumbing works of stations on Alwaye-Petta line of Kochi Metro Rail Project. EIEL is an integrated infrastructure company with its presence across the country
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Transport |
June 18, 2013
Under the Centre's debt restructuring scheme, Tamil Nadu has become the first state to issue bonds worth Rs 6,144 crore in the first phase. With this, through faced initial hiccups, the Centre's debt restructuring scheme for power distribution companies has taken off.
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Posted in
Power |
June 18, 2013
To overcome the widening power deficit in Kerala, the State government is mulling to take up clean energy alternatives. In this regard, the State Minister for Power and Transport Aryadan Mohammed on June 16 said that Kerala generates 28 times more power than it did six decades ago, the sharp rise in consumption is the biggest concern in the energy sector.
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Posted in
Renewable Energy |
June 17, 2013
According to a study by Associated Chambers of Commerce and Industry of India (Assocham) Andhra Pradesh commands the lion's share of over 46 per cent with three projects worth over Rs 20,000 crore under construction in ports sector under PPP model. Odisha accounts for second highest share of about 17 per cent in value terms in ports sector.
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Posted in
Ports |
June 14, 2013
The Kerala government's Department of Ports is taking efforts to ensure that all the 2,000-odd boats in the state conform to safety norms prescribed in the Kerala Inland Vessel (KIV) Rules, 2010. Reports indicate that houseboats, shikaras and tourist vessels, that use the state’s backwaters and navigable canals, do not conform to basic safety norms unde
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Posted in
Ports |
June 17, 2013
The Kerala State Cabinet on June 12 gave its approval to an ambitious project to develop 22 new roads/flyovers in various parts of the state and the State capital Thiruvananthapuram. Flyovers will be built at Palarivattom, Vytilla and Kundanoor on the Edapally-Aroor stretch of the National Highway and at Kalamaserry Apollo junction, as part of the project. The Cabinet also sanctioned Rs 5 crore to the Horticulture Department for intervening in the open market to contain the rise in prices of essential commodities.
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Posted in
Roads/Highways/Bridges |
June 14, 2013
The Kerala state cabinet cleared the proposed road or flyover projects across the state under an ambitious Rs 10,000-crore programme. The state government would create a Road Development Fund Board to undertake the projects. The board would implement the projects by taking loan, which would be guaranteed by the state government
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Roads/Highways/Bridges |
June 13, 2013
Kollam Port, which was set up at a cost of Rs 50 crore some years ago, failed to attract cargo ships so far. Some reports attribute the poor traffic at the port to lack of proper road connectivity and local resistance to any development programme. Kerala government set up Kollam port within the Tangasseri breakwater complex and inaugurated it in 2007
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Posted in
Ports |