GMR Group’s 220 MW barge-mounted power plant, which currently lies anchored on the coast of Kakinada, Andhra Pradesh, is set to float off again. According to a report in BusinessLine, the country’s only barge-mounted plant was moved from its first location Tanir Bavi near Mangaluru to Kakinada in 2010. The […]
Project Updates
The State government of Chhattisgarh has auctioned the Kesla II limestone block in Raipur District. According to an official statement, Dalmia (Bharat) Cement has emerged as the preferred bidder for this block. With 215 million tonnes of reserves, the block has an estimated value of mineral resource of ₹10,367 crore. […]
Asian Granito India Limited (AGL), with an aim to emerge the third largest ceramic products maker in India, is betting on the marble and quartz segments to achieve a turnover of Rs 2,000 crore by the end of the year 2020. “We are currently the fourth largest ceramic company in […]
In the next 12 to 18 months, the proposed greenfield airport of Orvakal near Kurnool in Andhra Pradesh will become a reality, as land acquistion is nearing completion and work is expected to start very soon. Ajay Jain, Principal Secretary, Infrastructure and Energy, was quoted as saying by BusinessLine, “Ninety-five […]
Union Minister of State for Civil Aviation Jayant Sinha has said the government is planning to build an aerotropolis in Assam and has sought 2,000 acres from the State for the purpose According to an official release, the issue was discussed during a meeting between him and Assam Chief Minister […]
A one gigawat ultra mega solar park, which is tipped to be the world’s largest single-location solar park, is nearing completion in Kurnool district of Andhra Pradesh. While 900 MW of the 1,000 MW has already been commissioned at the Kurnool Ultra Solar Park, the remaining is to be fully […]
Union Minister of State for Civil Aviation Jayant Sinha has said the first phase of Navi Mumbai airport is likely to come up by 2020. Speaking at the CII Annual Session 2017, he said that in the first phase a runway and a terminal building should come up at the […]
The Union Environment Ministry has accorded clearance to the construction of an international greenfield airport at Bhogapuram, 45 km from Visakhapatnam, in Andhra Pradesh. The Bhogapuram International Airport is proposed to be developed as a PPP project under a Design, Build, Finance, Operate and Transfer (DBFOT) concession framework. The facility […]
NLC India Ltd (formerly Neyveli Lignite Corporation) has decided to drop its proposed 4,000 MW coal-based power plant at Sirkali, Tamil Nadu. Speaking to BusinessLine, the company’s Chairman and Managing Director, SK Acharya, said that there is little point in transporting huge quantity of coal by road, rail and sea […]
AccorHotels is keen at expanding in Uttar Pradesh and is looking at expanding footprint in the state. The French hospitality chain, which already operates hotel properties in Noida and Lucknow, is now eyeing Prime Minister Narendra Modi’s parliamentary constituency of Varanasi to open its next hotel in Uttar Pradesh, which […]