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Construction & Infrastructure News

Tax on cement should be brought down

October 2016

GST is likely to be introduced from April 1, 2017. Implementation of GST would have huge impact on Corporate India, including the infrastructure indu...

GST, Dr Shailendra Chouksey, Lakshmi Cement, ERP systems, Corporate India, Electricity duty, Royalty, Component, Cement

Coal price increase may push up power tariffs

October 2016

With a hike in coal prices and levy of coal terminal charge, electricity consumers may end up paying more as discoms increase tariffs to counter the ...

Coal prices, Discoms, Coal terminal charge, Electricity, Coal India Ltd, Ministry of Railways, Coal terminal charge

Mohali to get 5 new power grids, updated transformers

October 2016

To address the problem of low voltage and power fluctuations in Mohali, five new grids would be set up by end of next year. Five grids of 66 kV capac...

Low voltage, Power fluctuations, Mohali, Grids, Electricity, APDRP, Infrastructure, Transformers, Power Grids

TN to float tenders for solar projects

October 2016

Tamil Nadu is back on a tender mode for solar power projects, reports the Economic Times. Though the price per unit of solar power has been falling a...

Solar power projects, Power purchase, Tamil Nadu Electricity Regulatory Commission, Tamil Nadu Generation and Distribution Company

Counterparty delays forcing Renewable Energy projects to run out of steam, says Ind-Ra

September 2016

State power utilities’ (major power purchasers) insensitivity to projects’ debt service commitments and delays in making payments – problems specific...

State power utilities, India Ratings and Research, Central Government, Counterparties, Ujwal Discom Assurance Yojana scheme, Maharashtra State Electricity Distribution Company, Power generators, Renewable projects

States to get Central support for free power scheme

September 2016

The Centre will extend financial support to states to enable them to offer new electricity connections free of cost to everyone....

Electricity, BPL, Union Power Ministry, Rural Electrification Corporation, Piyush Goyal, Power Distribution, Meters

India’s real estate and construction sector to generate 75 million jobs by 2022

September 2016

The real estate and construction sector in India is expected to be the third largest globally by 2030, contributing over 15 per cent to Indian GDP an...

Real Estate, Construction sector, GDP, KPMG, NAREDCO, AMRUT, HRIDAY, REITs, GST, Smart Cities, Housing for All, Solid Infrastructure Projects, FDI, Neeraj Bansal, Building

India to get cross-border electricity trade policy soon

September 2016

India has taken the lead in integrating the electricity grids of countries in South Asia, as in the case of European and South African nations. ...

Electricity Grids, European, South African nation, Tata Power, GMR Energy, Satluj Jal Vidyut Nigam, SAARC
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