Exports from EOUs/SEZs shows rapid growth

Exports from SEZs are growing tremendously, increased from US $ 5 billion in 2006 to US $ 100 billion in 2018 along with high rate of growth in investments and generation of new employment opportunities for growing work force in the country, said the industry body PHD Chamber of Commerce and Industry in a press statement recently. A whopping growth of exports from SEZs has been registered at 1900% from 2006 to 2018. Employment creation in the SEZs has increased from 1.4 lakh people in 2006 to more than 21…

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Renewable energy target on track, asserts MNRE

Leading research agency CRISIL had recently released a report saying that the government’s ambitious renewable energy target of 1,75,000 MW by the year 2022 is unlikely to be met. Agency’s projection was widely circulated in several media reports and the Ministry of New & Renewable Energy has now strongly refuted this claim. In a press note issued by MNRE, the ministry has claimed that by the end of September 2019, India has installed more than 82,580 MW of renewable energy capacity with around 31,150 MW of capacity under various stages…

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ADB loan for improving road in 14 districts in Rajasthan

The Asian Development Bank and the Government of India recently signed a $190 million loan to upgrade 754 kilometres of state highways and major district roads (MDRs) to two-lane or intermediate-lane standards that will benefit about 26 million people in 14 districts of Rajasthan. The signatories to the Tranche 2 loan agreement for the Rajasthan State Highway Investment Programme were Sameer Kumar Khare, Additional  Secretary (Fund Bank and ADB), Department of Economic Affairs in the Ministry of Finance, on behalf of the Government of India, and Kenichi Yokoyama, Country Director of ADB’s…

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Gadkari asks NHAI officials to expedite project implementation

Nitin Gadkari, Union Minister for Road Transport & Highways and MSME directed officials of National Highways Authority of India to speed up the implementation of projects through faster decision making and stricter monitoring. The Minister, along with the MoS, Gen(Retd) V.K.Singh,  held a day long review of the progress of national highways projects at the NHAI headquarters last week during which he also addressed regional officers through video conferencing. Delayed decisions are totally unacceptable, he said, as they lead to colossal loss of time and resources, and add to the…

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MIAL becomes 100% single use plastic free

GVK Mumbai International Airport Ltd (MIAL) managing the Chhatrapati Shivaji Maharaj International Airport (CSMIA) has announced becoming 100% single-use plastic free. MIAL has claimed introducing and implementing a 360-degree plastic ban as per the guidelines provided by the Government of India. Since the Government of Maharashtra’s statewide prohibition on single-use plastic in July 2018, the airport has tirelessly collaborated with all its stakeholders including the Airlines, Concessionaires, F&B and Retail outlets, Duty-free, aircraft ground handlers and the public and private offices, respectively on the elimination of plastic across both its…

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Gadkari to inaugurate Dasna-Hapur stretch of Delhi-Meerut Expressway

Union Minister for Road Transport & Highways and MSMEs Nitin Gadkari will inaugurate the Delhi-Meerut Expressway package-3 on the 30th of September, 2019. The third package from Dasna in Ghaziabad to Hapur is over 22 kilometre long, with a civil cost of Rs 1989 crore. This 6-lane section has 2+2 lane service roads on either sides, and a 4.68-kilometre long 6-lane elevated corridor at Pilkhuwa. The project involves construction of a major bridge across Upper Ganga Canal, seven new minor bridges, a flyover at Hapur bypass, 11 vehicular underpasses, two pedestrian…

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Government working on railway stations development design guidelines

The Indian Railway Stations Development Corporation (IRSDC) is in the process of developing form-based codes and is also working on station development design guidelines, its managing director and CEO, S.K. Lohia said at an industry event last week in Delhi. “We are following what the Ministry of Urban Development has been advocating i.e. form-based codes, wherein you can have more public area, more green area, sustainable development yet high built-up area, so prioritising pedestrianisation, public transport, public space over the present development control norms,” said Lohia in his address at an ‘ASSOCHAM National Conference…

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Bhubaneswar railway station to be redeveloped as multi-modal transport hub

East Coast Railway under the aegis of Ministry of Railways has signed a Memorandum of Understanding with Government of Odisha to jointly redevelop Bhubaneswar station as Multi-Model Transport Hub. The project is expected to be completed in three years and will comprise creation of new terminal building for Railway Station, City Bus terminal, Public Car parking and other allied public utilities. Mixed use land development and air concourse connecting both side of the Railway station. the country. Speaking on the MoU, Union Railways Minister Piyush Goyal in a statement said…

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GRSE READIES DOUBLE-LANE PORTABLE STEEL BRIDGE IN RECORD TIME

Kolkata-based Garden Reach Shipbuilders & Engineers Limited (GRSE Ltd.), a premier establishment for building warships and carrying out engineering fabrications in the country, has come out with yet another stellar achievement. The Research and Development team of GRSE has turned the construction of a bailey type double-lane portable steel bridge into a reality, that too in a record time. The construction of the bridge was carried out inside the company’s premises near Belur station, in Kolkata. Scientists from the Structural Engineering Research Centre (SERC), CSIR have validated the bridge through…

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Tata Power Renewable commissions 150 MW Solar capacity in Rajasthan

Tata Power Renewable Energy (TPREL) has commissioned 150 MW solar capacity in Village Chhayan, Tehsil Pokharan, state Rajasthan. With this, the overall operating renewable capacity of TPREL now stands at 2,628 MW in India. The company had won this capacity in a bid at a tariff of INR 2.72/kWh announced by MSEDCL during May 2018. The sale of power from this solar plant has been tied up under a 25 year Power Purchase Agreement with Maharashtra State Electricity Distribution Co. Ltd. The company is currently developing 500 MW of renewable…

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