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UNECONOMIC PROJECTS
Railway Ministry permanently closes Rs 402-cr Mathura-Vrindavan rail conversion projectThe Railway Ministry has permanently shut down the Mathura-Vrindavan rail line conversion project, initially sanctioned in 2017-18 with a b...
Africa cancels a Belt and Road Initiative project for the first timeSierra Leone has scrapped plans to build a China-funded airport, becoming first African nation to shun BRI.
CIL gets ready to tap into coal bed methane, gasificationUnderground coal gasification (UCG) is extraction of energy from coal and lignite resources that are otherwise deemed uneconomical through ...
Coal India plans to produce oil & gasCoal India had entered into talks with Sasol Ltd for setting up at least a Rs 3,000-cr project with coal supplied from either IB-valley or ...
Railways could be freed of populism after budget unificationWith the railway budget often becoming a political gravy train, the state-run transporter was forced to divert resources even as unfinished...
China’s financial status looks like Wall Street before crash: Jim Chanos, founder of Kynikos AssociatesThat’s what happening in China now, according to Chanos. Banks are financing uneconomic projects and/or losses with debt carried on China’s...
Fossil fuel firms risk wasting $2 trillion on uneconomic projects: Carbon TrackerAs much as 27% of the envisaged investment in Indian coal production by 2025 may not be needed, the Carbon Tracker Initiative warned today.
Government may offer foreign companies coal blocks given up by developersThe government plans to invite foreign companies to produce gas from coal blocks that have been relinquished by developers for being unecon...
Roadblocks in process of power generationThermal capacity is lying idle or proving to be uneconomical owing to various reasons, including fuel shortage.
AAP's allegation on Mukesh Ambani: Persons of integrity have found corruption in gas exploration is a mythAAP says Cong, BJP are in pocket of Mukesh Ambani, and have agreed to double the price of gas. But the Rangarajan panel has recommended the...
- GVK's proposed Alpha project not viable: Study
IEEFA has raised questions over the Indian conglomerate GVK's proposed USD 10-billion Alpha coalmine, port and rail project in Australia.
Power plants to get priority in gas sharingThe move is expected to generate strong resistance from fertilizer units and their ministry, which want more of the scarce natural resource...
Realtors want incentives to develop low-cost housing unitsRealtors have sought to bring up incentives like free land allocation and PPP models to increase affordable housing stocks.
- NTPC’s hydel foray: Siang project is a bold move but calibrated execution needed
Sound project management would be a key requirement; otherwise, project delays could shore up costs and make it unviable and uneconomic.
- Indian Railways lost Rs 3,200 crore for operating on uneconomical routes during 2005-10
CAG said Indian Railways suffered a loss of over Rs 3,200 crore for operating on uneconomical routes during 2005-10.
- Short of gas, RIL declines to sign pact for Bawana
Delhi may have to sweat it out this summer since RIL has declined to sign a contract for supplying gas to the city's Bawana power plant, je...
- Budgetary support for unfinished rail projects proposed
The Standing Committee on Railways has recommended that budgetary support to the railways be adequately enhanced to complete unfinished pro...