India-Japan thermal power pact cleared
26 May 2016 11:20 PM GMT
The Cabinet on Wednesday gave ex-post facto approval to a pact between India and Japan for promoting sustainable and low-carbon thermal power development here. “The Union Cabinet chaired by Prime Minister Narendra Modi today granted ex-post facto approval to the MOU between India and Japan for promoting sustainable, stable and low-carbon thermal power development in India,” a press release said. The Memorandum of Understanding will help India address issues and barriers in this area.
Cabinet approves rail infra projects worth Rs 10,736 cr
Railway projects worth Rs 10,736 crore were cleared by the government on Wednesday for improving infrastructure in various states, including Uttar Pradesh and Gujarat that go to polls next year. The projects, including three for doubling of existing rail lines and two for laying a third rail line on busy routes, were cleared by the Cabinet Committee on Economic Affairs (CCEA) at its meeting chaired by Prime Minister Modi. “I am happy to say that the CCEA has approved projects worth Rs 10,736 crore for doubling and tripling (of railway lines). There are a total of five new projects, three doubling projects for 763 kms and two third line projects for 514 kms.
“The benefit of these projects obviously will go to several states but two important states will benefit immensely, one is Gujarat and the other is Uttar Pradesh,” Railway Minister Suresh Prabhu said at a press conference after the meeting. Providing details of the projects, he said, in Gujarat the CCEA has given approval for doubling of Surendranagar-Rajkot project at an estimated cost of Rs 1,002.39 crore with expected completion cost of Rs 1,137.17 crore with 5 per cent escalation per annum.
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