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Construction & Infrastructure News

Cabinet nod to National Tariff Policy

February 2016

The Union Cabinet approved the ´National Tariff Policy for Electricity´ aimed at tightening regulations for setting power rates and promotion of clea...

National Tariff Policy for Electricity, Union Cabinet, Clean energy, CERC, Distribution, Renewable Sources of Energy, Power

Hybrid Annuity model for implementing highway projects approved

February 2016

The Cabinet Committee on Economic Affairs, chaired by the PM Narendra Modi, has given its approval for the Hybrid Annuity Model as one of the modes o...

Cabinet Committee, Economic Affairs, Narendra Modi, Hybrid Annuity Model, Highway Projects, BOT, Revive Highway Projects

Govt to set up separate department for transport: Nitin Gadkari

February 2016

Union Minister of Road, Transport and Highways said that the government will set up a separate Transport Department comprising experts from automobil...

Road, Transport, Highways, Automobile sector, Fuel, Narendra Modi, Expenditure Finance Committee, Cabinet Secretariat

Real Estate Bill Approved

January 2016

Several amendments to the Real Estate (Regulation and Development) Bill, 2015, suggested by the select committee of Rajya Sabha, have now been accept...

Rajya Sabha, Real Estate, Union Cabinet, Surendra Hiranandani, House of Hiranandani, Sanjay Dutt, Cushman & Wakefield, Shishir Baijal, Knight Frank India, Navin Raheja, Naredco Advisory Council, Real Estate Committee, FICCI, Raheja Developers, Ramesh Nair

Nod for biggest FDI in Indian Railways

January 2016

The Cabinet has approved the setting up of India´s first 500-km-long bullet train project, with the help of Japanese funds and technology. Connecting...

Cabinet, Japanese funds and technology, Mumbai-Ahmedabad project, Indian Railways

Cabinet allows states to mine & sell coal, ends monopoly

January 2016

Ending the 41-year-old monopoly of the central government over mining and sale of coal, the Cabinet Committee of Economic Affairs (CCEA)...

Cabinet Committee of Economic Affairs, CCEA, Coal India, Anil Swarup

Govt to bid for ultra-mega power projects

December 2015

The government will call bids for two domestic coal-based ultra-mega power projects soon, and another two by March next year. The proposed policy for...

Bids, Domestic Coal Based Ultra Mega Power Projects, Supply, Power Plants, Cabinet, Electricity Transmission Projects
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