Projects

The Coal Ministry has allotted two Coking Coal mines, Rohne and Rabodih, in Jharkhand to the Steel Central Public Sector Enterprises (CPSE’s).

Indian oil marketing companies have guaranteed buying energy from the 5,000 compressed biogas plants (CBG) being built across the country, Petroleum and Natural Gas Minister Dharmendra Pradhan has assured.

The Government is planning to invest around Rs.100 lakhs crore in logistics infrastructure in the next 5 years, Minister of State for Commerce and Industry Som Parkash said.

The Government has approved the 100% stake sale in Air India via a specific alternative mechanism, Civil Aviation Minister Hardeep Singh Puri has told the parliament on 12 Dec 2019.

The Government has undertaken 55 rail projects worth Rs.45,883.2 crore and 15 projects worth Rs.2,899 crore for enhancing port connectivity at various Major and Minor ports.

A New Shipbuilding Financial Assistance policy has been in place since 9 Dec 2015 for assisting Indian shipyards’ shipbuilding contracts signed during 2016-2026, parliament was told on 12 Dec 2019.

Indian technical textile market is estimated to cross Rs.2 lakh crores by the year 2020-21 as its use become mandatory in many formats, Minister of Textiles, Smriti Zubin Irani, told Rajya Sabha on 12 Dec 2019.

The National Highways Authority of India (NHAI) will monetize completed National Highways that have a toll collection track record of at least one year under a new trust company.

The Cabinet  has approved for signing the Memorandum of Cooperation (MoC) to constitute the ‘India-Japan Steel Dialogue’ to strengthen cooperation in steel sector and coal MoU.

The Indian Renewable Energy Development Agency (IREDA) is planning to set up a dedicated “Green Window to serve the unserved segments of renewable energy”, New and Renewable Energy Ministry Secretary Anand Kumar said on 11 Dec 2019.