Business Bytes

India-Bangladesh new rail project

Almost six years after the finalisation of a new India-Bangladesh railway project, railway ministers of the two countries have laid the foundation stone of a Rs 968 crore vital rail link scheme. The project, which was sanctioned in the 2012-13 railway budget, would be a part of the Trans Asian Railway network and would provide a much shorter connectivity from northeastern states to Kolkata via Bangladesh.

The state-owned Indian Railway Construction Company (IRCON) has been nominated to act as technical advisor for Bangladesh portion and to execute the work in Indian portion.

On the Indian side, some portion of the track would be elevated to avoid farm land and habitations.


Foundation stone laid for NTPC power plant in Telangana

Prime Minister Narendra Modi laid the foundation stone for the Rs 10,598.98 crore National Thermal Power Corporation's (NTPC) 1,600 MW Telangana Super Thermal Power Project (Phase I) in Ramagundam city.

NTPC is set to establish the project in Telengana in two phases — 1600 MW (2x800MW) in Phase I and 2400 MW (3x800 MW) in Phase II.


CIDCO to set up a major logistics hub at JNPT port

The City and Industrial Development Corporation (CIDCO) is planning to set up a logistics hub in the periphery of the port. The newly planned hub would be set up on a 414 hectare area in the Jawaharlal Nehru Port Trust Influence Area (JNPTIA). The new hub would consist of 64 container freight stations (CFS) and warehouses. At present, an economic feasibility report is being prepared by CIDCO for acquiring the land for setting up the logistics hub. Also 10 petrol pumps and parking yard for the containers would also be set up under the logistics hub.

At present, the capacity of three container terminals at JNPT is 4.49 million TEU (Twenty Foot Equivalent Units, a measure for the containers). It has now planned to double its capacity by bringing the fourth container terminal bearing a capacity of 4.8 million TEU.


ACC commences production at Chhattisgarh plant

ACC’s new 2.79 million tonne per annum clinker plant at Jamul, Chhattisgarh has started commercial production. Two new cement grinding facilities, one each at Jamul and Sindri in Jharkhand, which form part of this integrated project, are expected to be commissioned in September quarter of 2016, as per reports.

ACC, part of the Swiss cement giant LafargeHolcim, has 17 cement factories and around 50 ready mixed concrete plants, across India.


Centre puts UP airport projects on fast track

The NDA government has put several airport projects in Uttar Pradesh on the fast track with two of them - Allahabad and Agra - likely to be operational in a couple of months. All these airport project were initiated during the erstwhile UPA regime.

At a review meeting held to assess the progress on the development of seven regional airports in the state and implementation of the proposed regional connectivity scheme (RCS), the Civil Aviation Ministry has advised the UP Government to complete the obstacle survey for the Jewar airport in Gautam Budha Nagar at the earliest.

AAI had signed an MoU with the UP Government in February 2014 for the development of no-frill airports/civil enclaves at Agra, Allahabad, Bareilly, Kanpur, Faizabad, Meerut and Moradabad. Agra and Allahabad will start operations immediately under the regional air connectivity scheme, while flights from the two other regional airports Bareilly and Kanpur will commence from later this year, as per sources.


Rs 20K crore port connectivity plan by Railways

The Indian Railways is all set to provide a Rs 20,000 crore connectivity to boost to ports under the Sagarmala programme. As part of the programme, it will take up 21 port-rail connectivity projects to strengthen evacuation network and boost last-mile connectivity to the country’s ports, as per reports.

Also, another six projects are being considered by the Indian Port Rail Corporation Ltd (IPRCL). IPRCL has already awarded three connectivity projects for Vizag and Chennai ports for quick evacuation of cargo and another 19 projects are in the pipeline. Many port-rail connectivity projects have been identified as part of the National Perspective Plan under the Sagarmala programme.


Kochi metro gears up to go green

After Cochin International Airport Limited, which has become India's first solar energy powered airport, Kerala's Kochi Metro Rail Project is also going to become green. Kochi Metro Rail Limited (KMRL) and Hero Solar Energy (P) Ltd have signed the Power Purchase Agreement (PPA) for 4MWp Solar Power as part of Kochi Metro project at KMRL's office.

It is reported that the plan is to generate 4 MW power in the first phase by erecting solar panels at the stations and Muttom yard. KMRL also plans to use another 40,000 sq m area in Muttom yard to generate solar energy for which tenders for the preparation of DPR have been invited.


Govt okays Rs 5,965 cr road projects in three states

The CCEA in its meeting chaired by Prime Minister Narendra Modi approved the projects for widening of Aurangabad-Telwadi section of NH 211 in Maharashtra, Angul-Sambalpur section of NH-42 (New NH-55) in Odisha and Phagwara-Rupnagar section of NH-344A in Punjab.

The total length of the road to be developed is approximately 87 km. The work will be done under the National Highways Development Project (NHDP) Phase-IV on design, build, finance, operate and transfer (BOT/DBFOT) basis in BOT toll mode.