IndiaMART launches mega sourcing portalOctober 6th, 2009 NEW DELHI - IndiaMART.com has announced the launch of its mega sourcing portal, http://sourcing.indiamart.com, which will offer a deep and wide treasure trove of product-related content for prospective buyers and suppliers. Sourcing.indiamart.com will have eight categories - agro, apparel, auto, building materials, electrical, engineering, handicraft and pharma.
Cabinet approves modification to Mega Power PolicyOctober 1st, 2009 NEW DELHI - The Union Cabinet today approved modifications in the existing mega power policy. This would encourage setting up of mega power plants to take advantage of economies of scale and improve their viability.
Land acquisition major problem for Orissa's mega projectsSeptember 17th, 2009 BHUBANESWAR - The Orissa government, which Thursday reviewed the progress of 14 greenfield projects underway in the state, said most of the companies setting up these projects have not completed land acquisition. "Acquiring land is the biggest problem before these mega projects.
Govt. to pay for 20 per cent cost of mega development projects under PPP modelAugust 19th, 2009 NEW DELHI - Union Urban Development Minister S. Jaipal Reddy on Wednesday said the government is ready to offer 20 percent of the cost of mega development projects if taken up as a public-private partnership (PPP).
No FDI in N-power sector: Dr. KakodkarAugust 19th, 2009 NEW DELHI - The Atomic Energy Commission (AEC) Chairman Dr. Anil Kakodkar has ruled out allowing foreign direct investment (FDI) for establishing nuclear power stations in the country.
New markets for textile sector being exploredJuly 15th, 2009 NEW DELHI - The government is promoting an export policy regime for the textiles industry that will cover all potential markets including South East Asia, said Textiles Minister Dayanidhi Maran Wednesday. The government is also promoting textiles mega shows in potential markets.
Six states preparing plan for mega city policingJuly 14th, 2009 NEW DELHI - The police commissioners of six states have held discussions with the Bureau of Police Research and Development (BPR&D) to prepare plans for mega city policing needs, parliament was informed Tuesday. The police commissioners of six states have held discussions with BPR&D to prepare a perspective plan for the sub-scheme of mega city policing under the 'modernisation of state police force scheme' with a view to prioritise mega city policing needs, Minister of State for Home Affairs Mullappally Ramachandran said in a written reply in the Lok Sabha.
Mega textile and carpet clusters to be set upJuly 6th, 2009 NEW DELHI - The government will set up mega industrial clusters in five states to boost the traditional textile and carpet industries and generate "thousands of jobs", Finance Minister Pranab Mukherjee said Monday. Presenting the union budget for 2009-10 in the Lok Sabha, Mukherjee said: I propose to add one handloom mega cluster each in West Bengal and Tamil Nadu and one powerloom mega cluster in Rajasthan.
Chhattisgarh's 4,000 MW project gets central nodJune 23rd, 2009 RAIPUR - Decks have been cleared for the 4,000-MW ultra mega power project (UMPP) in Chhattisgarh as the central government has finally approved the project, ending months-long controversy. The government, which had earlier selected Chhattisgarh as one of the five states for setting up UMPPs, reportedly rejected the project last August as the state government stuck to its demand for 50 percent of power at "invariable cost" from the project.
Government to electrify over 1.18 lakh villages by 2012: ShindeJune 1st, 2009 NEW DELHI - Union Power Minister Sushil Kumar Shinde today said that the government has set a target of providing electricity to 1,18,000 villages in the country under Rajiv Gandhi Gramin Vidyutikaran Yojna by 2012. Assuming his charge on Monday, he said that more than 61,000 villages already been have been electrified under this scheme.
JP Hydro violates environmental laws in Himachal PradeshFebruary 28th, 2009 SHIMLA - The Himachal Pradesh government has detected five cases of environmental violations by Jai Parkash Hydro Power and action is being taken against the power generation major, Chief Minister Prem Kumar Dhumal said here Friday. The government would not allow the company to illegally dump sludge along a key highway, he added.
India's first mega food park at HaridwarFebruary 21st, 2009 NEW DELHI - India's first mega food park is to come up at Haridwar in Uttarakhand, yoga guru Baba Ramdev's Patanjali Yog Peeth said Friday. The Patanjali Food and Herbal Park will be inaugurated by Union Minister for Food processing Industries Subodh Kant Sahai Feb 25, a press statement said.
Reliance Power bags third ultra mega power projectFebruary 11th, 2009 NEW DELHI - The government Thursday handed over the letter of intent for the Tilaiya ultra mega power project (UMPP) to Reliance-Anil Dhirubhai Ambani Group (R-ADAG), being set up at an investment of over Rs.120 billion (Rs.12,000 crore/$2.4 billion). This is the third UMPP awarded to group company Reliance Power, with the other two being at Sasan in Madhya Pradesh and Krishnapatnam in Andhra Pradesh.
Anil Ambani group bags third ultra mega power projectJanuary 27th, 2009 NEW DELHI - The Reliance Anil Dhirubhai Ambani Group was Wednesday awarded its third ultra mega power project, set to come up at Tilaiya in Jharkhand with an investment of over Rs.12,000 crore (Rs.120 billion/$2.4 billion). 'We have been awarded the Tilaiya project.
India requires Rs.1.5 trillion for meeting nuclear power targetsJanuary 11th, 2009 NEW DELHI - India will have to invest Rs.1.5 trillion in nuclear power plants if it is to meet an ambitious target of generating 63,000 mega watts (MW) from nuclear power by the year 2020, a leading parliamentarian said Monday. 'India would require Rs.1.5 lakh crore (Rs.1.5 trillion) if we are to meet the target of generating 63,000 MW using nuclear power.
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