Project News Details
Shri Nitin Gadkari launches Green Highways Policy
Union Minister of Road Transport & Highways and Shipping Shri Nitin Gadkari launched the Green Highways (Plantation, Transplantation, Beautification & Maintenance) Policy, 2015 at a function organized in New Delhi today. The aim of the policy is to promote greening of Highway corridors with participation of the community, farmers, private sector, NGOs, and government institutions.
Speaking on the occasion, the Minister said that 1% of the total project cost of all highways projects will be kept aside for the highway plantation and its maintenance. He said that about Rs. 1000 crore per year will be available for plantation purpose. He also said that this policy will generate employment opportunities for about five lakh people from rural areas. He added that there will be strong monitoring mechanism in place by using ISRO’s Bhuvan and GAGAN satellite systems. Every planted tree will be counted and auditing will be done. The agencies performing good will be awarded. He called for suggestions from people for smooth implementation of the policy. He also asked the state governments to start programmes on similar lines. Shri Gadkari said that 1200 road side amenities will also be established. The Green Highway Policy will help in making India pollution free, the minister added. It will also help in curtailing the number of road accidents in India. He said that the vision of the policy is to provide dignified employment to local people and communities.
Addressing the conference, Minister of State for Road Transport & Highways and Shipping Shri Pon. Radhakrishnan said that it is a historic occasion and a noble initiative that depicts the Government’s concern for conservation of environment. He said the present Government has taken various initiatives to cut pollution by promoting bio-fuel and e-rickshaws, and now the Green Highways Policy has been launched for roadside plantation in this respect.
Speaking at the conference, Secretary, Ministry of Road Transport and Highways Shri Vijay Chhibber said that the vision of the policy is to involve the local communities in the plantation work. He said that the National Forest Policy envisages 33% of the geographical area should be under forest or tree cover, but the notified forest cover is only about 22%. The implementation of new Green Highways Policy can help in bridging this gap, he added. He said that the emphasis is not only on the trees planted, but also on how many of them survive and are useful for the local communities.
Punj Lloyd wins Haldia Refinery EPCC Package from IOC
Diversified global conglomerate, Punj Lloyd has announced receiving a lump-sum turnkey contract for the EPCC Package 2 at Haldia Refinery, West Bengal from Indian Oil Corporation Ltd (IOCL) for a value of Rs 1094 crore.
The scope of work for the project involves the Residual Process Design, Detailed Engineering including HAZOP study, engineering, procurement, construction and commissioning of the Sulphur Block comprising the Sulphur Refinery Unit (SRU), Amine Regeneration Unit (ARU), the Sou...
L&T Bags 1700 Cr. International EPC Order for 400 MW Gas Based Power Plant in Bangladesh
Larsen & Toubro (L&T) has received an order valued at around 1700 Crores from Marubeni Corporation, Japan, for setting up the Bibiyana III 400 MW Combined Cycle Power Plant Project of Bangladesh Power Development Board (BPDB).
BPDB awarded the EPC contract for setting up the 400 MW gas based power plant project to Marubeni Corporation of Japan, which in turn awarded the EPC sub-contract to L&T on turnkey basis. This plant will be located at Nabiganj Upzila in H...
IOC Planning Petrochemical Plant in Iran
As per the reports in the media, Indian Oil Corp. (IOC) is planning to build USD 3 billion petrochemicals plant in Iran which will have access to cheap natural gas as its feedstock.
India is planning investments in energy infrastructure in Iran. This includes ports and upstream gas production.
IOC is looking at petrochemicals to drive growth. The company is planning an investment of around USD 4.5 billion in coming years to expand its business.