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Projects News

BRO to construct Rs 16 crore traffic tunnel

March 13, 2013

The Border Roads Organisation, Gangtok, Sikkim which develops and maintains arterial roads on the borders of India, has invited tenders for design and construction of traffic tunnel- Chisopani tunnel. Read more...

Nagarjuna to invest Rs 100 crore in Sikkim power project

February 15, 2013

To implement an hydro power project in Sikkim, Nagarjuna Agrichem, an arm of Nagarjuna Group, is to invest over Rs 100 cr. The company said that its Board of Directors have approved the project. The Board approved the investment of 20% of the equity capital, which translates to about Rs 101 crore, to implement 300 MW hydro power project in Sikkim. Read more...

We are not in a race to buy de-stressed assets which are up for sale

January 17, 2013

The contractors who bid aggressively are unable to close the project financially, hence are leaning towards selling them in the secondary market. However this is an extremely unhealthy practice for the economy in general since here contractors utilise the people who matter and finally the country suffers due to a lack of infrastructure, avers KK Mohanty, Managing Director, Gammon Infrastructure Projects in an interview with Rahul Kamat. Edited excerpts: Read more...

Teesta gets additional Rs 995 crore from REC

August 22, 2012

The 1,200 MW Teesta III hydro power project in Sikkim would get an additional term loan of Rs 995 crore from Rural Electrification Corporation (REC). Read more...

Sikkim govt scraps Teesta-I hydel project

August 14, 2012

The Sikkim government has reportedly cancelled the proposed Teesta-I hydel power project that was bagged by NCC. Read more...

Work to start on 6 micro hydel projects in Sikkim

June 29, 2012

Clearances have been received for six micro hydel power projects (MHPP) out of the 13 MHPPs proposed by the Power and Energy Department of Sikkim government for East and North districts and work would commence shortly. Read more...

Sikkim to build road for tourists to get atop Singalia range

May 28, 2012

Most tourists are not able to see the breath-taking scenic spots on the Singalia range of the Himalayas in Sikkim due to the 12 km steep uphill route, which is difficult to travel on to reach there. Read more...

Voith Hydro signs contract with L&T hydro for hydel project

January 18, 2012

Voith Hydro, a group company of Germany-based industrial equipment major Voith, has signed a contract with L&T Hydro Power for the Singoli Bhatwari Hydro-Electric Project. This includes the supply of the entire equipment of the Power Units and Electrical & Mechanical auxiliaries. Read more...

ADB to lend $ 200 mn for north eastern road projects

November 09, 2011

The Asian Development Bank has agreed to lend $ 200 million for North Eastern State Roads Investment Program. Read more...

7 power projects in NE await environmental permit

October 20, 2011

Union forest and environment minister Jairam Ramesh has said seven power projects in the northeast which includes four in Arunachal, two in Sikkim and one in Meghalaya are pending for green clearance. Read more...

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