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Infrastructure and Energy Sector
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Reliance discovers more gas in Krishna basin
22 Dec 2009, 1241 hrs IST,
NEW DELHI: Reliance Industries on Tuesday said it has made a third successive gas discovery in the D3 deep-sea block in the Krishna-Godavari
basin, off the east coast. ( Watch )
Reliance found three gas reservoirs in the KGV-D3-R1 well drilled on the block KG-DWN-2003/1 (or D3), a company statement said here.
The block, located about 45 kilometres off the coast in the Bay of Bengal, is in the vicinity of its prolific D6 block where three of the 19 oil and gas finds have already been put on production.
"This discovery (in D3) supplements RIL's understanding, of the petroleum systems within the block," it said.
Reliance holds 90 per cent interest in the block that it won in the fifth round of auction under the New Exploration Licensing Policy. Hardy Exploration and Production India Inc, a unit of Hardy Oil of UK, has the remaining 10 per cent.
"Three reservoir zones were encountered at Miocene level having gross thickness of 4, 23 and 16 meters," the statement said adding the discovery has been named Dhirubhai-44.
The first two exploratory wells (KGV-D3-A1 and KGV-D3-B1) resulted in gas discoveries (Dhirubhai 39 and 41) and are presently under appraisal.
"Besides the above discoveries, several prospects have been mapped at different stratigraphic levels," the statement added.
Reliance discovers more gas in Krishna basin- Oil & Gas-Energy-News By Industry-News-The Economic Times
22 Dec 2009, 1241 hrs IST,
NEW DELHI: Reliance Industries on Tuesday said it has made a third successive gas discovery in the D3 deep-sea block in the Krishna-Godavari
basin, off the east coast. ( Watch )
Reliance found three gas reservoirs in the KGV-D3-R1 well drilled on the block KG-DWN-2003/1 (or D3), a company statement said here.
The block, located about 45 kilometres off the coast in the Bay of Bengal, is in the vicinity of its prolific D6 block where three of the 19 oil and gas finds have already been put on production.
"This discovery (in D3) supplements RIL's understanding, of the petroleum systems within the block," it said.
Reliance holds 90 per cent interest in the block that it won in the fifth round of auction under the New Exploration Licensing Policy. Hardy Exploration and Production India Inc, a unit of Hardy Oil of UK, has the remaining 10 per cent.
"Three reservoir zones were encountered at Miocene level having gross thickness of 4, 23 and 16 meters," the statement said adding the discovery has been named Dhirubhai-44.
The first two exploratory wells (KGV-D3-A1 and KGV-D3-B1) resulted in gas discoveries (Dhirubhai 39 and 41) and are presently under appraisal.
"Besides the above discoveries, several prospects have been mapped at different stratigraphic levels," the statement added.
Reliance discovers more gas in Krishna basin- Oil & Gas-Energy-News By Industry-News-The Economic Times
Turkmenistan gas pipeline opened by Chinese president
Turkmenistan gas pipeline opened by Chinese president
16Dec 2009 8ak: In a major step forward for China’s energy security, President Hu Jintao has opened a new pipeline that will deliver gas from Turkmenistan to China. The 1,800km pipeline runs from a gas field being developed by the China National Petroleum Corporation through Uzbekistan and Kazakhstan to Xinjiang in western China.
"China is positive about our co-operation and the opening of this gas pipeline is another platform for collaboration and co-operation between our friendly nations," Mr Hu said. The development also benefits the gas rich former USSR nations, as they have an alternate buyer of gas other than Russia. Turkmenistan's President Kurbanguly Berdymukhamedov told his Chinese counterpart that the project did not have an entirely commercial or economic value but also political.
The pipeline is expected to deliver 40bn cubic metres a year to China by the time it is running at full capacity in 2013. Turkmenistan produces around 70bn cubic metres of gas annually, it is also in the process of completing another pipeline to Iran, and has expressed an interest in supporting the EU-backed Nabucco project.
Turkmenistan gas pipeline opened by Chinese president
16Dec 2009 8ak: In a major step forward for China’s energy security, President Hu Jintao has opened a new pipeline that will deliver gas from Turkmenistan to China. The 1,800km pipeline runs from a gas field being developed by the China National Petroleum Corporation through Uzbekistan and Kazakhstan to Xinjiang in western China.
"China is positive about our co-operation and the opening of this gas pipeline is another platform for collaboration and co-operation between our friendly nations," Mr Hu said. The development also benefits the gas rich former USSR nations, as they have an alternate buyer of gas other than Russia. Turkmenistan's President Kurbanguly Berdymukhamedov told his Chinese counterpart that the project did not have an entirely commercial or economic value but also political.
The pipeline is expected to deliver 40bn cubic metres a year to China by the time it is running at full capacity in 2013. Turkmenistan produces around 70bn cubic metres of gas annually, it is also in the process of completing another pipeline to Iran, and has expressed an interest in supporting the EU-backed Nabucco project.
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ppgj
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domain-b.com : India's coal reserves to run out in 45 years
India's coal reserves to run out in 45 years news
26 December 2009
New Delhi: Debunking a myth that India had usable coal reserves that would last 200 years, a report from a non-government energy think tank says the country is likely to run out of usable coal reserves in about 45 years.
Pointing out that the government itself has downgraded its estimation of useful coal resources to about four decades, the report on India's energy security from The Energy and Resources Institute (TERI), New Delhi, stresses the need for new policy initiatives on renewable energy.
''It's a myth that India has a virtually unlimited supply of coal,'' said Rajendra Pachauri, director-general of TERI. ''Much of our coal is so deep that it cannot be mined. We have been fed exaggerated figures.''
So far, estimates from geological studies have suggested that India had about 267 billion tonnes of coal, including 105 billion tonnes of proven reserves. Such estimates gave rise to expectations that reserves would last for more than a century, if not double that.
The issue assumes importance as currently this fossil fuel provides about 60 per cent of the country's total energy requirements.
According to the report, the country's import of coal is likely to rise in the coming years, touching about 1,300 million tonnes per year by 2030, if initiatives are not launched to reduce the country's dependence on coal. It suggests import levels could be restricted to 200 million tonnes per annum if initiatives on renewable energy are launched in time.
The report calls for aggressive promotion of solar lanterns to replace traditional kerosene lamps in villages, solar rooftop generators to replace diesel generators in India's cities, and decentralised community solar stations.
The Indian government had earlier this year announced a plan to add 20,000MW of solar capacity by 2020, but the report cautions that this ''may not serve India's needs''.
India's energy shortages, estimated to be about 10 per cent during 2007-08, are expected to rise rapidly as capacity addition fails to meet demand increase.
India's coal reserves to run out in 45 years news
26 December 2009
New Delhi: Debunking a myth that India had usable coal reserves that would last 200 years, a report from a non-government energy think tank says the country is likely to run out of usable coal reserves in about 45 years.
Pointing out that the government itself has downgraded its estimation of useful coal resources to about four decades, the report on India's energy security from The Energy and Resources Institute (TERI), New Delhi, stresses the need for new policy initiatives on renewable energy.
''It's a myth that India has a virtually unlimited supply of coal,'' said Rajendra Pachauri, director-general of TERI. ''Much of our coal is so deep that it cannot be mined. We have been fed exaggerated figures.''
So far, estimates from geological studies have suggested that India had about 267 billion tonnes of coal, including 105 billion tonnes of proven reserves. Such estimates gave rise to expectations that reserves would last for more than a century, if not double that.
The issue assumes importance as currently this fossil fuel provides about 60 per cent of the country's total energy requirements.
According to the report, the country's import of coal is likely to rise in the coming years, touching about 1,300 million tonnes per year by 2030, if initiatives are not launched to reduce the country's dependence on coal. It suggests import levels could be restricted to 200 million tonnes per annum if initiatives on renewable energy are launched in time.
The report calls for aggressive promotion of solar lanterns to replace traditional kerosene lamps in villages, solar rooftop generators to replace diesel generators in India's cities, and decentralised community solar stations.
The Indian government had earlier this year announced a plan to add 20,000MW of solar capacity by 2020, but the report cautions that this ''may not serve India's needs''.
India's energy shortages, estimated to be about 10 per cent during 2007-08, are expected to rise rapidly as capacity addition fails to meet demand increase.
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Power capacity addition misses target by a fourth in 2009
Fresh power capacity addition has fallen short of target by over a fourth in the current calendar year, owing to delays in supply of critical components for thermal projects, delayed forest clearances and non-availability of fuel for nuclear projects. Around 6,900 Mw, about 73 per cent of the targeted addition of 9,403 Mw, was achieved in the 11 months ended November, according to the latest data from the Central Electricity Authority (CEA).
However, this 73 per cent achievement of targeted capacity addition is the highest in the past four years. Experts believe capacity addition in power should be around 20 per cent in excess of the Gross Domestic Product (GDP) growth, for the latter to be sustainable. India’s installed power generation capacity touched 155,000 Mw at the end of November this year, growing by 6.09 per cent as compared to the same period last year.
India’s GDP growth, which was pulled down to 6.7 per cent during 2008-09, is expected to be over 7 per cent in the current financial year ending March 2010. GDP growth has been placed at 7 per cent in the first half of the current year. The data shows that while commissioning of thermal plants has slipped, mostly owing to delays in supply of critical components like Balance of Plant (BoP) equipment, nuclear power units have been delayed owing to less availability of fuel. While over 8,200 Mw of thermal power capacity was planned to be set up between January and November this year, around 6,600 Mw has been added so far.
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Pintu
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India-Sri Lanka power link by 2013
India-Sri Lanka power link by 2013
Sudheer Pal Singh / New Delhi December 29, 2009, 0:12 IST
The 285-km link will enable the two countries to trade surplus power.
The government’s initiative to set up a high-capacity power transmission link between India and Sri Lanka is likely to be completed by 2013.
The 285-kilometre power link, including submarine cables over a stretch of 50 km, will enable the two countries to trade their surplus power, thereby offering a cheaper option to bridge their power generation deficit and also manage their peak demand.
The transmission link will pave the way for future trading of electricity between the two countries.
Powergrid Corporation of India Ltd (PGCIL), the country’s largest electricity transmission company and the implementing agency from the Indian side, hopes that a memorandum of understanding (MoU) for developing the Rs 2,300-crore project would be signed with the Ceylon Electricity Board, the largest electricity company of Sri Lanka, shortly. “The work on the project should begin by February-March next year after the MoU is signed. It will take us two-and-a-half to three years to complete this project,” said S K Chaturvedi, chairman and managing director of Powergrid.
The link will also help Sri Lanka reduce its use of expensive fuels and import cheaper power from India’s surplus. For India, the link will help open up a new market for its projected surplus of power. India currently faces an over 12 per cent power deficit, with a peak demand of 109,000 Mw annually. The government hopes it can add at least 62,000 Mw of generation capacity in the current Five-Year Plan period, ending March 2012, with additional capacities being set up by private investors through captive and merchant power plants. This, along with the power from ultra mega power projects (UMPPs) has fuelled hopes for tradable surplus.
The subsea line would initially have a capacity of 500 Mw, according to Powergrid’s feasibility report. Later, the power flow could be ramped up to 1,000 Mw by 2016 when the power generation capacities in the two countries improve, with surplus availability especially in India’s southern grid.
The proposed undersea transmission link could also be useful for transfer of electricity from the 500-Mw imported coal-based power project being planned to be set up by NTPC Ltd, India’s largest power generator, at Trincomalee in Sri Lanka. The island nation currently has a capacity of 2,500 Mw.
Powergrid had carried out a feasibility study of the project last year and had found the installing of the transmission lines to be feasible. “We have already received an approval from the Ministry of External Affairs (MEA). Now a detailed project report will be prepared,” said Chaturvedi. The Sri Lankan government had given its approval to the transnational power link in July last year.
Globally, transnational undersea power transmission lines have been laid so far only between the UK and France for transmission of 2,000 Mw of electricity. In addition, Philippines is also planning to set up similar transmission links currently to connect its islands through undersea electricity network.
THE ROUTE
Powergrid and the Ceylon Electricity Board will lay down cables under the Gulf of Mannar between Rameshwaram in Tamil Nadu and Talaimannar in Mannar islands in Sri Lanka.
On the Indian side, the cable will be connected to the southern grid in Madurai through an overhead transmission line. On the Sri Lankan side, the underwater cable will be linked to the country’s power network at Anuradhapura through an overhead line, Chaturvedi informed.
India-Sri Lanka power link by 2013
Sudheer Pal Singh / New Delhi December 29, 2009, 0:12 IST
The 285-km link will enable the two countries to trade surplus power.
The government’s initiative to set up a high-capacity power transmission link between India and Sri Lanka is likely to be completed by 2013.
The 285-kilometre power link, including submarine cables over a stretch of 50 km, will enable the two countries to trade their surplus power, thereby offering a cheaper option to bridge their power generation deficit and also manage their peak demand.
The transmission link will pave the way for future trading of electricity between the two countries.
Powergrid Corporation of India Ltd (PGCIL), the country’s largest electricity transmission company and the implementing agency from the Indian side, hopes that a memorandum of understanding (MoU) for developing the Rs 2,300-crore project would be signed with the Ceylon Electricity Board, the largest electricity company of Sri Lanka, shortly. “The work on the project should begin by February-March next year after the MoU is signed. It will take us two-and-a-half to three years to complete this project,” said S K Chaturvedi, chairman and managing director of Powergrid.
The link will also help Sri Lanka reduce its use of expensive fuels and import cheaper power from India’s surplus. For India, the link will help open up a new market for its projected surplus of power. India currently faces an over 12 per cent power deficit, with a peak demand of 109,000 Mw annually. The government hopes it can add at least 62,000 Mw of generation capacity in the current Five-Year Plan period, ending March 2012, with additional capacities being set up by private investors through captive and merchant power plants. This, along with the power from ultra mega power projects (UMPPs) has fuelled hopes for tradable surplus.
The subsea line would initially have a capacity of 500 Mw, according to Powergrid’s feasibility report. Later, the power flow could be ramped up to 1,000 Mw by 2016 when the power generation capacities in the two countries improve, with surplus availability especially in India’s southern grid.
The proposed undersea transmission link could also be useful for transfer of electricity from the 500-Mw imported coal-based power project being planned to be set up by NTPC Ltd, India’s largest power generator, at Trincomalee in Sri Lanka. The island nation currently has a capacity of 2,500 Mw.
Powergrid had carried out a feasibility study of the project last year and had found the installing of the transmission lines to be feasible. “We have already received an approval from the Ministry of External Affairs (MEA). Now a detailed project report will be prepared,” said Chaturvedi. The Sri Lankan government had given its approval to the transnational power link in July last year.
Globally, transnational undersea power transmission lines have been laid so far only between the UK and France for transmission of 2,000 Mw of electricity. In addition, Philippines is also planning to set up similar transmission links currently to connect its islands through undersea electricity network.
THE ROUTE
Powergrid and the Ceylon Electricity Board will lay down cables under the Gulf of Mannar between Rameshwaram in Tamil Nadu and Talaimannar in Mannar islands in Sri Lanka.
On the Indian side, the cable will be connected to the southern grid in Madurai through an overhead transmission line. On the Sri Lankan side, the underwater cable will be linked to the country’s power network at Anuradhapura through an overhead line, Chaturvedi informed.
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Oil and Natural Gas Corporation Limited (ONGC) has struck a new gas well at Sundaribari in South Tripura district, about 125 km from Agartala, according to official sources.
According to officials, preliminary examinations have shown that the low resistivity sand perforated in the 2,164-68 metre interval produced gas at the rate of 160,000 million cubic metre per day.
They said the gas reserve was huge and the new discovery would form a considerable reserve base of hydrocarbon, which would also cater to the needs of supplying gas to the 740 MW gas-based thermal plant at Palatan in South Tripura district.
Agency reports quoting a senior ONGC official said the new gas pool was discovered at Suandalbari structure in southern Tripura. The new gas discovery is expected to open up new avenues and approach for exploration of Stratigraphic Traps in Tripura Fold Belt (TFB) for adding considerable reserve base and enhancement of production potential in future, the report added.
The Sundalbari structure in southern Tripura, located 115 km south of capital Agartala, is one of the 19 structures mapped by the company for exploration.
The discovery of new hydrocarbon would go a long way in meeting additional gas requirements for the commissioning of the 740 MW capacity mega power project in south Tripura's Palatana the report said.
ONGC's biggest commercial thermal power project is to be commissioned in south Tripura's Palatana about 60 km south of Tripura with the first unit scheduled to be operational by 2012.
domain-b.com : ONGC strikes gas in Tripura
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Eco-cities around DMIC planned
Giving a major thrust to the ambitious Rs. 3.6-lakh crore Delhi-Mumbai Industrial Corridor (DMIC) project, India and Japan have inked two pacts, including that for collaboration in developing eco-cities around the project.
“The DMIC is conceptualised as a global investment and manufacturing destination with emphasis on expanding manufacturing and services base,” Commerce and Industry Minister Anand Sharma said signing the two pacts late on Monday. The Minister said the project would involve huge investment and initial projection points to Rs. 3,60,000 crore.
DMIC Development Corporation entered into a pact with Japan External Trade Organisation (JETRO) for collaborating with the environment-related projects and for transfer of Japanese expertise in developing and promoting smart communities (eco-cities) around the DMIC project area. The Japan Bank of International Cooperation (JBIC) also singed a loan agreement totalling up to $75 million (Rs. 330 crore) with India Infrastructure Finance Company to prepare a plan for the overall DMIC region and developing plans for investment in Phase-1.
DMIC Project Development Fund is envisaged to be set up with equal contribution from India and Japan. The Centre has already approved a grant of Rs. 330 crore towards this. The DMIC is planned to promote integrated development of industry and infrastructure in a band of 150-200 km on either side of the dedicated railway freight corridor between Delhi and Mumbai, over a length of about 1,500 km.
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The Hindu : Front Page : Work soon on Nemmeli desalination plant
CHENNAI: Construction on Chennai Metrowater’s 100-million-litre-a -day desalination plant in Nemmeli, nearly 35 km south of Chennai, is set to begin soon, with the water agency on Wednesday issuing work orders.
The contract has been awarded to VA Tech Wabag, which would construct the plant in consortium with IDE Technologies, Israel. The firm, which was one of the seven that had bid for the Rs.533-crore project, would have to establish the plant in 24 months.
The Nemmeli plant would come up on a 40-acre site on East Coast Road. The treated water from the plant would be conveyed to the proposed underground tanks in Akkarai, Thiruvanmiyur, Velachery and Pallipattu through East Coast Road and Rajiv Gandhi Salai (formerly Old Mahabalipuram Road).
Adjoining areas, including Kelambakkam and those on the IT corridor, would also benefit from the plant, an official said. The network of pipelines would be laid at a cost of Rs.122 crore by L&T, an official said.
The construction of the plant and the pipelines are being funded by the Central government, whereas Metrowater would mobilise Rs.500 crore from its funds for operation and maintenance of the plant for seven years.
The water agency has also chosen Mecon Limited, a public sector undertaking, for management and supervision of the project till its completion, the official added.
CHENNAI: Construction on Chennai Metrowater’s 100-million-litre-a -day desalination plant in Nemmeli, nearly 35 km south of Chennai, is set to begin soon, with the water agency on Wednesday issuing work orders.
The contract has been awarded to VA Tech Wabag, which would construct the plant in consortium with IDE Technologies, Israel. The firm, which was one of the seven that had bid for the Rs.533-crore project, would have to establish the plant in 24 months.
The Nemmeli plant would come up on a 40-acre site on East Coast Road. The treated water from the plant would be conveyed to the proposed underground tanks in Akkarai, Thiruvanmiyur, Velachery and Pallipattu through East Coast Road and Rajiv Gandhi Salai (formerly Old Mahabalipuram Road).
Adjoining areas, including Kelambakkam and those on the IT corridor, would also benefit from the plant, an official said. The network of pipelines would be laid at a cost of Rs.122 crore by L&T, an official said.
The construction of the plant and the pipelines are being funded by the Central government, whereas Metrowater would mobilise Rs.500 crore from its funds for operation and maintenance of the plant for seven years.
The water agency has also chosen Mecon Limited, a public sector undertaking, for management and supervision of the project till its completion, the official added.
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Railways to introduce 350 kmph bullet trains by 2020
01 January 2010
Indian Railways' `Vision 2020' document envisages the implementation of at least four high-speed rail projects to provide bullet train services at 250-350 kilometre per hour (kmph) by 2020, in addition to a massive expansion and reform of its route network, the ministry said in a press release,
The white paper, presented in the parliament by the railway minister Mamta Banerjee, aims at segregation of passenger and freight services into separate double-line corridors, raising the speeds of passenger trains from the current 130 kmph to 160-200 kmph on some routes, as also elimination of accidents and equipment failures.
On Thursday, visiting Japanese prime minister Yukio Hatoyama also made a strong pitch for introducing bullet trains in India saying that this would benefit both sides.
He discussed the prospect of such a plan at length during his meeting with prime minister Manmohan Singh on Tuesday
"Since its inception (in Japan), there has been no accidents. We would like to see this technology being used in India," Hatoyama said after his meeting with Singh.
Former railway minister Lalu Prasad Yadav said early this year that the ministry was in the process of appointing global consultants for introducing the high-speed trains on certain routes.
domain-b.com : Railways to introduce 350 kmph bullet trains by 2020
Indian Railways' `Vision 2020' document envisages the implementation of at least four high-speed rail projects to provide bullet train services at 250-350 kilometre per hour (kmph) by 2020, in addition to a massive expansion and reform of its route network, the ministry said in a press release,
The white paper, presented in the parliament by the railway minister Mamta Banerjee, aims at segregation of passenger and freight services into separate double-line corridors, raising the speeds of passenger trains from the current 130 kmph to 160-200 kmph on some routes, as also elimination of accidents and equipment failures.
On Thursday, visiting Japanese prime minister Yukio Hatoyama also made a strong pitch for introducing bullet trains in India saying that this would benefit both sides.
He discussed the prospect of such a plan at length during his meeting with prime minister Manmohan Singh on Tuesday
"Since its inception (in Japan), there has been no accidents. We would like to see this technology being used in India," Hatoyama said after his meeting with Singh.
Former railway minister Lalu Prasad Yadav said early this year that the ministry was in the process of appointing global consultants for introducing the high-speed trains on certain routes.
domain-b.com : Railways to introduce 350 kmph bullet trains by 2020
atleast_a_bronze
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India to start building 20 km roads per day by April: Nath
India to start building 20 km roads per day by April: Nath
Press Trust Of India / Kuala Lumpur January 05, 2010, 0:17 IST
Road Transport and Highways Minister Kamal Nath said here that India had increased its per-day construction of roads to 9 km and the target of developing 20 km daily would be accomplished by April.“We have reached 9 km per day of road construction and will hit our target of 20 km a day by April,” Nath, who was here to hold talks with the Malaysian government to invite them to enter the highway construction sector in India, said.Thirty-five Malaysian companies are already involved with various infrastructure projects in India.To construct 20 km of raods a day or 7,000 km a year, there had to be 20,000 km of work in progress, he said.
The minister said, between November 2009 and June 2010, contracts worth $20 billion would have been awarded.
Referring to land acquisition, he noted that states would also need to address the issue. Nath stressed that mega infrastructure projects would not be awarded to small companies.
“Medium-sized companies should take more jobs and aspire to become bigger. If small companies take big projects, I may not have the roads,” he said, adding such companies might not even be able to get finances.
“We don’t want companies to take more than they can chew. We also don’t want hoarding of contracts,” he added.
The minister said there were enormous opportunities for Malaysia to take up infrastructure projects in India.
“Economic engagement is very important with East Asia, intra East Asia,” he said, adding that the hub of economic activity was in East Asia.“We attach great importance to this attachment,” Nath added.The National Highways Authority of India (NHAI) is developing 5,985 km of roads at present, with the work on the Golden Quadrilateral — a road that connects four metro cities of India — 98.23 per cent complete.
India to start building 20 km roads per day by April: Nath
Press Trust Of India / Kuala Lumpur January 05, 2010, 0:17 IST
Road Transport and Highways Minister Kamal Nath said here that India had increased its per-day construction of roads to 9 km and the target of developing 20 km daily would be accomplished by April.“We have reached 9 km per day of road construction and will hit our target of 20 km a day by April,” Nath, who was here to hold talks with the Malaysian government to invite them to enter the highway construction sector in India, said.Thirty-five Malaysian companies are already involved with various infrastructure projects in India.To construct 20 km of raods a day or 7,000 km a year, there had to be 20,000 km of work in progress, he said.
The minister said, between November 2009 and June 2010, contracts worth $20 billion would have been awarded.
Referring to land acquisition, he noted that states would also need to address the issue. Nath stressed that mega infrastructure projects would not be awarded to small companies.
“Medium-sized companies should take more jobs and aspire to become bigger. If small companies take big projects, I may not have the roads,” he said, adding such companies might not even be able to get finances.
“We don’t want companies to take more than they can chew. We also don’t want hoarding of contracts,” he added.
The minister said there were enormous opportunities for Malaysia to take up infrastructure projects in India.
“Economic engagement is very important with East Asia, intra East Asia,” he said, adding that the hub of economic activity was in East Asia.“We attach great importance to this attachment,” Nath added.The National Highways Authority of India (NHAI) is developing 5,985 km of roads at present, with the work on the Golden Quadrilateral — a road that connects four metro cities of India — 98.23 per cent complete.
Pintu
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Infrastructure bonds for NRIs mooted
Infrastructure bonds for NRIs mooted
K P Sai Kiran
First Published : 09 Jan 2010 03:09:00 AM IST
NEW DELHI: In a bid to provide opportunity for the overseas Indians to invest in the infrastructure projects in the country, the Ministry of Overseas Indian Affairs is evolving the idea of infrastructure bonds.
“To give an opportunity for the Indian community to be a part of the country’s progress, we are going ahead with the idea of infrastructure bonds. We will need consent from the Ministry of Finance and the Reserve Bank for giving a final shape,” said Minister for Overseas Indian Affairs Vayalar Ravi here on Friday.
The Ministry would prepare a draft proposal and would submit it to the Finance Ministry for further action, he said.
Speaking at the Pravasi Bharatiya Divas (PBD), Union Minister for Road Transport and Highways Kamal Nath urged overseas Indians to invest in the country’s infrastructure sector. “I would request the Finance Minister to look at issuance of infrastructure bonds in different currencies, specially suited to NRIs, for raising resources for building roads in India,” Nath said.
However, Finance Minister Pranab Mukerjee did not commit himself to this proposal of floating infrastructure bonds, as this requires detailed examination and parliamentary nod.
If these bonds come up, they would be the second major initiatives of this type after SBI Resurgent India Bonds floated in late 1990s for raising resources from overseas players for infrastructure sector in India.
The Finance Minister, who also participated at PBD, said that with the worst of the global economic crisis over, the country could now achieve 9-10 per cent growth in the near future.
About the road sector, Nath said the country has embarked on building 7,000 km of roads a year, which translates into 20 km of roads a day.
“India has the second largest network of roads in the world. We have 3.4 million km of roads, next only to the US and bigger than China. This 3.4 million km of roads carry 70 per cent of our freight and 85 per cent of our passengers…The next decade in India will be the decade of infrastructure,” he said.
Infrastructure bonds for NRIs mooted
K P Sai Kiran
First Published : 09 Jan 2010 03:09:00 AM IST
NEW DELHI: In a bid to provide opportunity for the overseas Indians to invest in the infrastructure projects in the country, the Ministry of Overseas Indian Affairs is evolving the idea of infrastructure bonds.
“To give an opportunity for the Indian community to be a part of the country’s progress, we are going ahead with the idea of infrastructure bonds. We will need consent from the Ministry of Finance and the Reserve Bank for giving a final shape,” said Minister for Overseas Indian Affairs Vayalar Ravi here on Friday.
The Ministry would prepare a draft proposal and would submit it to the Finance Ministry for further action, he said.
Speaking at the Pravasi Bharatiya Divas (PBD), Union Minister for Road Transport and Highways Kamal Nath urged overseas Indians to invest in the country’s infrastructure sector. “I would request the Finance Minister to look at issuance of infrastructure bonds in different currencies, specially suited to NRIs, for raising resources for building roads in India,” Nath said.
However, Finance Minister Pranab Mukerjee did not commit himself to this proposal of floating infrastructure bonds, as this requires detailed examination and parliamentary nod.
If these bonds come up, they would be the second major initiatives of this type after SBI Resurgent India Bonds floated in late 1990s for raising resources from overseas players for infrastructure sector in India.
The Finance Minister, who also participated at PBD, said that with the worst of the global economic crisis over, the country could now achieve 9-10 per cent growth in the near future.
About the road sector, Nath said the country has embarked on building 7,000 km of roads a year, which translates into 20 km of roads a day.
“India has the second largest network of roads in the world. We have 3.4 million km of roads, next only to the US and bigger than China. This 3.4 million km of roads carry 70 per cent of our freight and 85 per cent of our passengers…The next decade in India will be the decade of infrastructure,” he said.
Pintu
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Modi unveils new Hudson - Ahmedabad - City - The Times of India
Modi unveils new Hudson
Paul John, TNN, 10 January 2010, 02:52am IST
AHMEDABAD: Gujarat may soon be heading for a label of the land of twin cities. At the Pravasi Bharatiya Diwas programme in Delhi on Saturday, Chief Minister Narendra Modi announced plans for setting up several twin cities on the lines of New York and New Jersey. He made it amply clear to NRI delegations that these cities would be designed on human scale and that affordable mass transportation systems, houses and congestion-free wide roads were poised to become the order of the day.
While Modi announced plans for a larger metropolitan authority for Ahmedabad-Gandhinagar, twin cities of Prabhas Patan-Somnath and Surendranagar-Wadhwan, the state government has identified Bharuch-Ankleshwar after Surat-Navsari to be the next set of twin cities.
For Surendranagar-Wadhwan, the urban development department will make an announcement soon. The urban development department has already announced studies for Anand-Nadiad, Halol-Kalol, Morbi-Wankaner as other set of twin cities in the state. “Besides improving civic service delivery systems, the larger objective of sustainable transport, affordable houses, strategies for devising a marketing plan for the twin-cities, encouraging capital investments, institutional reforms, sanitation and environmental issues would be of prime concern for these twin cities,” says state urban development minister Nitin Patel.
It’s not the twin cities alone but model cities — for instance the Rs 325-crore Gandhinagar solar city — have already been kicked off. Gandhinagar’s solar plan is to use non-conventional sources like a combination of wind and solar energy to make up for the four mega watt electricity that the city uses daily across major state government establishments.
The 5,000-bed Narayana Hrudayalaya health city, which will come up in Monogram Mills in Bapunagar area of Ahmedabad, is in the pipeline. After the state government showed interest in developing the Dholera special investment region, the Japanese have shown interest in developing a Rs 5,000-crore eco-township project at Dahej.
Modi unveils new Hudson
Paul John, TNN, 10 January 2010, 02:52am IST
AHMEDABAD: Gujarat may soon be heading for a label of the land of twin cities. At the Pravasi Bharatiya Diwas programme in Delhi on Saturday, Chief Minister Narendra Modi announced plans for setting up several twin cities on the lines of New York and New Jersey. He made it amply clear to NRI delegations that these cities would be designed on human scale and that affordable mass transportation systems, houses and congestion-free wide roads were poised to become the order of the day.
While Modi announced plans for a larger metropolitan authority for Ahmedabad-Gandhinagar, twin cities of Prabhas Patan-Somnath and Surendranagar-Wadhwan, the state government has identified Bharuch-Ankleshwar after Surat-Navsari to be the next set of twin cities.
For Surendranagar-Wadhwan, the urban development department will make an announcement soon. The urban development department has already announced studies for Anand-Nadiad, Halol-Kalol, Morbi-Wankaner as other set of twin cities in the state. “Besides improving civic service delivery systems, the larger objective of sustainable transport, affordable houses, strategies for devising a marketing plan for the twin-cities, encouraging capital investments, institutional reforms, sanitation and environmental issues would be of prime concern for these twin cities,” says state urban development minister Nitin Patel.
It’s not the twin cities alone but model cities — for instance the Rs 325-crore Gandhinagar solar city — have already been kicked off. Gandhinagar’s solar plan is to use non-conventional sources like a combination of wind and solar energy to make up for the four mega watt electricity that the city uses daily across major state government establishments.
The 5,000-bed Narayana Hrudayalaya health city, which will come up in Monogram Mills in Bapunagar area of Ahmedabad, is in the pipeline. After the state government showed interest in developing the Dholera special investment region, the Japanese have shown interest in developing a Rs 5,000-crore eco-township project at Dahej.
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Zoom on Hosur Road flyover on Jan 22 - The 9-km Electronics City elevated expressway will open after much delay
The wait is finally over. The much-awaited Electronics City elevated expressway will be thrown open to the public on Jan 22. Starting next Friday, techies and others heading towards Hosur Road can drive at ease and reach the other end in less than 10 minutes. The 9-km flyover is the longest in Bangalore and the second longest in the entire country. The flyover will be inaugurated by Union Minister for Surface Transport Kamal Nath. The project began in July 2006 with a time frame of two and a half years.
The elevated road project, which was awarded by National Highway Authority of India (NHAI) under a build-operate-transfer (BOT) basis, is expected to ease traffic congestion on the busy Hosur Road betwen Central Silk Board and Electronics City, a hub of IT companies in Bangalore. According to the Bangalore Elevated Tollway website, the Rs 775.7-crore project is being executed through a special purpose vehicle, BETL, created by joint venture partners - Maytas Infra, Nagarjuna Construction Company (NCC) and Soma Enterprises (SEL).
FEATURES
REVERSIBLE LANES
As the traffic flow in the morning peak hours is towards Electronics City and in the reverse direction in the evening, NHAI is going in for a reversible lane system. Five lanes will be reserved in the direction of Electronics City in the morning and five in the evening in the opposite direction.
BIG BROTHER
According to NHAI officials, CCTVs will be installed along the elevated road. Cameras will keep tabs on vehicular movement and will be of assistance to various departments like the police, excise and sales tax. While two CCTVs will be installed at the either end of the 9-km elevated stretch, seven CCTVs will be installed at Bommanahalli, Garvebavipalya, Kudlu Junction, Singasandara, Naganathapura, HP gate and Electronics City.
VMS ASSISTANCE
If you are on Hosur Road and confused over which road to take (the ground-level stretch or the elevated one), VMS (variable message signs) will come to your assistance. NHAI officials said, “Probably for the first time in India, VMS will make its debut on Hosur Road. VMS comprises programmable traffic control devices which display messages composed of letters, symbols or both. It provides real-time information on the traffic situation to motorists with the objective of improving operations and reducing accidents. It also guides drivers in changing travel speed, lanes or routes.”
EMERGENCY CALL BOXES
There will be 24 emergency call boxes (12 on either side) on the Hosur Road stretch from Silk Board junction to Attibele (near the Karnataka-Tamil Nadu border). The boxes are activated the moment someone opens the door and presses a button inside. The caller is immediately connected to the HTMS (Highway Traffic Management System), which works 24x7. The system can identify the location of the caller even if there is no verbal communication. The call boxes will have important numbers and will prove invaluable in emergencies related - accidents, fire and crime.
WHAT IT OFFERS
• CCTVs to cover entire stretch of expressway
• Highway Management Information System
• Electronic toll collection
• Emergency call box
• Meteorological details
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cross posting:
The Telegraph - Calcutta (Kolkata) | Jharkhand | ISM scientist creates ‘cyclone’
Dhanbad, Jan. 14:An ISM scientist has developed a “cyclone” that can disintegrate even the finest impure particles clinging to raw coal.
Nikkam Suresh, the head of the fuel and mineral engineering department, has designed a “dense medium cyclone”, an equipment for use in coal washeries, after two years of rigorous research with engineers of Weir Minerals, the world leader in design and manufacture of processing equipment.
Recipient of a number of awards, including the national mineral award from the Union ministry of coal in 2002 and the distinguished teacher award 2000, Suresh is now filing for a patent right along with Weir Minerals.
The new equipment is an improved version of existing cyclones that are made of hard materials. The new version has 28 times more resistibility than the older cyclone and boasts of a longer life span.
The equipment is expected to limit, if not end, India’s dependence on foreign suppliers. The device will also come in handy for the steel industry as it would help cleansing coal of impurities.
Suresh, who has also won the Arti Bhatnagar award in 1996 instituted by Mining Geological and Metallurgical Institute of India, Calcutta, said: “The equipment can wash impurities as fine as 3mm or below”.
Recently conferred the coal benefaction award at an international conference in Jamshedpur, Suresh lamented that more and more open cast mines were leading to bulk production, but the quality of coal had suffered.
“I hope my equipment will help procure high quality coal and benefit allied industries and the country as a whole,” he added.
The Telegraph - Calcutta (Kolkata) | Jharkhand | ISM scientist creates ‘cyclone’
Dhanbad, Jan. 14:An ISM scientist has developed a “cyclone” that can disintegrate even the finest impure particles clinging to raw coal.
Nikkam Suresh, the head of the fuel and mineral engineering department, has designed a “dense medium cyclone”, an equipment for use in coal washeries, after two years of rigorous research with engineers of Weir Minerals, the world leader in design and manufacture of processing equipment.
Recipient of a number of awards, including the national mineral award from the Union ministry of coal in 2002 and the distinguished teacher award 2000, Suresh is now filing for a patent right along with Weir Minerals.
The new equipment is an improved version of existing cyclones that are made of hard materials. The new version has 28 times more resistibility than the older cyclone and boasts of a longer life span.
The equipment is expected to limit, if not end, India’s dependence on foreign suppliers. The device will also come in handy for the steel industry as it would help cleansing coal of impurities.
Suresh, who has also won the Arti Bhatnagar award in 1996 instituted by Mining Geological and Metallurgical Institute of India, Calcutta, said: “The equipment can wash impurities as fine as 3mm or below”.
Recently conferred the coal benefaction award at an international conference in Jamshedpur, Suresh lamented that more and more open cast mines were leading to bulk production, but the quality of coal had suffered.
“I hope my equipment will help procure high quality coal and benefit allied industries and the country as a whole,” he added.
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- Jul 23, 2009
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- 3,489
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