Source: Economics Times
"Three new railway lines - Gadag-Wadi, Kengeri-Chamrajnagar and Srinivasapura-Madanapalled - have been approved (by the Railway Board)," he said delivering keynote address at Business Standard Infrastructure Round Table 2011 here.
About Rs 24,000 crore worth projects are being undertaken in the state, including 2,137 km of new railway line in Karnataka, Gowda said. "Gauge conversion and line doubling works also are being undertaken," he added.
The state government has also received in-principle approval for Metro Phase II from the Central Government, he added.
About air connectivity, Gowda said both Shimoga and Gulbarga airports, being developed under Public-Private Partnership (PPP), would be operational before July 2012.
As many as 105 infrastructure projects under PPP format are underway in the state and are at various stages of development involving an investment of Rs 80,946 crore, he said.
Karnataka has been at the forefront in various sectors including education, health, business, communication and information technology, he said.
"The state contributes up to 8 per cent of India's industrial income and 9.8 per cent of product exports," Gowda said. Karnataka is the seventh largest and fifth most urbanised state and ranks third as a recipient of FDI, the chief minister said.
Gowda also said the government was taking up major projects like the greenfield port at Tadadi, Dabhol-Bangalore gas pipeline, city gas distribution for Bangalore, international transit centre at Subhashnagar and traffic/transport management centre at Hebbal.
Tuesday, November 22, 2011
Saturday, November 12, 2011
Gulbarga - Inter-State highway: 65 p.c. work completed
Source: The Hindu
Nearly 65 per cent of the upgrading of the 139-km long inter-State highway connecting Maharashtra, Karnataka and Andhra Pradesh, passing through Gulbarga district, has been completed, according to sources.
The remaining portion is likely to be completed well before the deadline of December 2012.
The Government awarded the work on Build-Own-Operate-and Transfer (BOOT) model to a Hyderabad-based consortium for Rs. 240 crore.
Sixty-two per cent of the cost is being borne by the contractor, 20 per cent by the Union Government, and 18 per cent by the State Government.
Official sources told The Hindu that the Government and the consortium were in the final stages of reaching an agreement on toll rates for vehicles .
According to sources, the final black-topping has been completed up to 95 km of the total road length. As per the contractual agreement, the consortium would be allowed to own and operate the road for 28 years and the maintenance would be looked after by the contractor.
The work in the remaining length had been hastened along with the remodelling of small bridges. However, the Government had not cleared the proposal for construction of a new bridge across the Kagina near the Uttaridi Math in Malkhed. During monsoon, the bridge gets submerged and the traffic is disrupted.
Sharanprakash Patil, Sedam MLA, had proposed the construction of a new bridge across the river and Public Works Minister C.M. Udasi had given consent for that.
He asked the Karnataka Road Development Corporation Ltd. (KRDCL) to submit a proposal to the Government.
The KRDCL had proposed a new bridge costing Rs. 50 crore, but it has not been approved.
Textile parks to come up in five districts - One in Belgaum
Source: DHNS
The Textiles Department will set up Textile Parks in Belgaum, Chitradurga, Kolar, Tumkur and Chikkaballapur, Textiles Minister Varthur Prakash said on Thursday.
Addressing the media in Bangalore, Prakash said the government would give a subsidy of Re 1 per unit of the electricity consumed by factories that will be set up in the Textile Parks.
The minister said there were around 55,000 weavers in the State and efforts were being made to provide houses to all of them.
Presently, housing has been provided to 25,000 weavers. Around 350 families have been identified in the Naxal-hit areas of the State, where the department will impart training in weaving.
Prakash said the Textile sector had attracted an investment of around Rs 500 crore. He said he would shortly hold discussions with Education Minister Vishweshwara Hegde Kageri to resolve the school uniform distribution problem.
His department is presently finding it difficult to meet the Education department’s demand.
He said the actual requirement would be ascertained from the Education department, following which a decision will be taken on the total number of uniforms to be distributed.
The Textiles Department will set up Textile Parks in Belgaum, Chitradurga, Kolar, Tumkur and Chikkaballapur, Textiles Minister Varthur Prakash said on Thursday.
Addressing the media in Bangalore, Prakash said the government would give a subsidy of Re 1 per unit of the electricity consumed by factories that will be set up in the Textile Parks.
The minister said there were around 55,000 weavers in the State and efforts were being made to provide houses to all of them.
Presently, housing has been provided to 25,000 weavers. Around 350 families have been identified in the Naxal-hit areas of the State, where the department will impart training in weaving.
Prakash said the Textile sector had attracted an investment of around Rs 500 crore. He said he would shortly hold discussions with Education Minister Vishweshwara Hegde Kageri to resolve the school uniform distribution problem.
His department is presently finding it difficult to meet the Education department’s demand.
He said the actual requirement would be ascertained from the Education department, following which a decision will be taken on the total number of uniforms to be distributed.
Saturday, October 15, 2011
[Dharwad] Prepaid autorickshaw counter opened
Source: http://www.thehindu.com/todays-paper/tp-national/tp-karnataka/article2539386.ece
A prepaid autorickshaw counter was inaugurated at the railway station hereby Hubli-Dharwad Police Commissioner K. Ramachandra Rao on Friday.
He said the prepaid counter was a long-pending demand of the public. Such counters would be set up at the new bus-stand, Hubli railway station, and Hubli old bus-stand, he added.
The notification issued by the Government on fares to be charged by prepaid autorickshaw drivers had been displayed at the counter. Policemen would be deployed to monitor its functioning, he said.
Notification
As per the notification, the minimum fare is Rs. 15 for the first 1.6 km and after that Rs. 10 for every km. Presiding over the programme, Deputy Commissioner Darpan Jain said auto service should improve along with public transport.
Service tax
A service tax of Re. 1 would be charged towards the maintenance of the counter and salary of the operator manning the counter, he said.
Regional Transport Officer J. Purshottam, Deputy Commissioner of Police P.R. Bhatkurki and Assistant Commissioners of Police Sanjiv Patil and N.S. Patil spoke.
Wednesday, September 21, 2011
Two new ITIs sanctioned for Haveri
Source: The Hindu
The Government has sanctioned two new Industrial Training Institutes (ITI) for the district that would come up at Hanagala and Ranebennur, said Minister for Labour B.N. Bache Gowda.
The Government has sanctioned two new Industrial Training Institutes (ITI) for the district that would come up at Hanagala and Ranebennur, said Minister for Labour B.N. Bache Gowda.
Inaugurating a new ITI building constructed at a cost of Rs. 3 crore at Akkialur here on Monday, Mr. Gowda said the Government was committed to sanctioning ITIs based on the requirement of the region to train the rural youth.
It was important to provide industrial training to the youth to tap job opportunities in the growing industrial sector. The Government had decided to set up at least 37 new ITIs in the State, of which 10 had already come up.
Construction of ITIs in Shiggaon and Guttala was under progress, the Minister informed.
Recruitment @ Bidar
Direct recruitment of drivers and staff nurses for Arogya Kavacha, the emergency ambulance service, would be held at the district employment exchange here on September 23. Details can be had from the employment exchange office by calling 7829993753 or 9686569793, said a release. — Staff Correspondent
Friday, August 19, 2011
Rahi venture begins Gulbarga airport project
Source: http://www.inewsone.com/2011/08/11/rahi-venture-begins-gulbarga-airport-project/68039
Bangalore, Aug 10 (IANS) Regional Airport-Holdings International Ltd (Rahi), a joint venture (JV) between Comet Infra-Developments Pvt. Ltd (CIDL) and IL&FS Transportation Networks Ltd (ITNL), commenced project work on building a regional airport at Gulbarga in north Karnataka, about 600 km from here, a top company official said Wednesday.
‘After achieving financial closure in June with our equity partners and banks, we have started the project work to build the regional airport on the outskirts of Gulbarga for commencing operations by July 1, 2012,’ Rahi founder-chairman Umesh Kumar Baveja told reporters here.
The JV also plans to launch a feeder airline service with four-five short-haul aircraft and offer the airstrip with 1,900 metres runway, airport terminal and associated services to state-run and private airlines to make optimal utilisation of the upcoming aviation infrastructure.
The Rs.210-crore greenfield project is coming up in 371 acres of land, 15 km from Gulbarga, on build, operate and transfer (BOT) model under public-private partnership between the state government and a consortium comprising the JV partners, Nagarjuna Constructions Company (NCC) and Vienna International Airport (VIE Indien).
Holding 22 percent (Rs.15.5 crore) in the equity capital of Rs.70.25 crore, Rahi raised the remaining Rs.54.75 crore from ITNL, NCC and VIE, who hold 26 percent each in the consortium.
With a debt-equity ratio of 3:1, Rahi raised Rs.139.75 crore towards debt from three state-run banks, with Bank of Baroda as the lead bank.
‘In the remaining 322 acres of the total land, measuring 692 acres, we propose to build clusters for setting up industrial units in diverse verticals such as aerospace, electronics, horticulture, floriculture and retail for speedy transportation of their goods and services,’ Baveja said.
Though the project was originally allotted to the consortium led by the Hyderabad-based Mytas Infra Ltd, founded by scam-tainted B. Ramalinga Raju of Satyam Computer Services Ltd, Rahi became the lead promoter after IL&FS acquired Mytas and formed the JV with 40 percent holding.
‘The 30-year concession period given by the state government for the project is extendable by another 30 years as part of the bid,’ Baveja pointed out.
The consortium will pay the state government Rs.20,232 per annum towards lease for the entire land with 10 percent increase after every three years.
The consortium also bagged the Rs.240-crore regional airport project near Shimoga, about 280 km from here in central Karnataka, geographically known as Malnad region.
‘Work on the Shimoga airport project will commence soon after achieve financial closure in September on the lines of the Gulbarga project under BOT and will be made operational by Sep 1, 2012,’ Baveja noted.
The state government has allotted the consortium 662 acres of land about 9km from Shimoga city for the airport project in 342 acres and the industrial clusters around it in the remaining 320 acres with a 30-year concession period.
Bangalore, Aug 10 (IANS) Regional Airport-Holdings International Ltd (Rahi), a joint venture (JV) between Comet Infra-Developments Pvt. Ltd (CIDL) and IL&FS Transportation Networks Ltd (ITNL), commenced project work on building a regional airport at Gulbarga in north Karnataka, about 600 km from here, a top company official said Wednesday.
‘After achieving financial closure in June with our equity partners and banks, we have started the project work to build the regional airport on the outskirts of Gulbarga for commencing operations by July 1, 2012,’ Rahi founder-chairman Umesh Kumar Baveja told reporters here.
The JV also plans to launch a feeder airline service with four-five short-haul aircraft and offer the airstrip with 1,900 metres runway, airport terminal and associated services to state-run and private airlines to make optimal utilisation of the upcoming aviation infrastructure.
The Rs.210-crore greenfield project is coming up in 371 acres of land, 15 km from Gulbarga, on build, operate and transfer (BOT) model under public-private partnership between the state government and a consortium comprising the JV partners, Nagarjuna Constructions Company (NCC) and Vienna International Airport (VIE Indien).
Holding 22 percent (Rs.15.5 crore) in the equity capital of Rs.70.25 crore, Rahi raised the remaining Rs.54.75 crore from ITNL, NCC and VIE, who hold 26 percent each in the consortium.
With a debt-equity ratio of 3:1, Rahi raised Rs.139.75 crore towards debt from three state-run banks, with Bank of Baroda as the lead bank.
‘In the remaining 322 acres of the total land, measuring 692 acres, we propose to build clusters for setting up industrial units in diverse verticals such as aerospace, electronics, horticulture, floriculture and retail for speedy transportation of their goods and services,’ Baveja said.
Though the project was originally allotted to the consortium led by the Hyderabad-based Mytas Infra Ltd, founded by scam-tainted B. Ramalinga Raju of Satyam Computer Services Ltd, Rahi became the lead promoter after IL&FS acquired Mytas and formed the JV with 40 percent holding.
‘The 30-year concession period given by the state government for the project is extendable by another 30 years as part of the bid,’ Baveja pointed out.
The consortium will pay the state government Rs.20,232 per annum towards lease for the entire land with 10 percent increase after every three years.
The consortium also bagged the Rs.240-crore regional airport project near Shimoga, about 280 km from here in central Karnataka, geographically known as Malnad region.
‘Work on the Shimoga airport project will commence soon after achieve financial closure in September on the lines of the Gulbarga project under BOT and will be made operational by Sep 1, 2012,’ Baveja noted.
The state government has allotted the consortium 662 acres of land about 9km from Shimoga city for the airport project in 342 acres and the industrial clusters around it in the remaining 320 acres with a 30-year concession period.
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