Global oil supply could struggle to keep pace with demand after 2020, risking a sharp increase in prices, unless new projects are approved soon, according to the latest five-year oil market forecast from the International Energy Agency (IEA).
PM Modi announces investment of Rs 12,000 crore in upgrading 8 highways in Gujarat to National Highways
“Eight highways in Gujarat, totaling 1,200 km, will be converted into National Highways at an investment of Rs 12,000 crore,” PM Modi said and added that the pace of highways construction has risen 11 times to 22 km per day from 2 km/day during the previous regime.
Prime Minister Narendra Modi on Tuesday announced investment of Rs 12,000 crore in upgrading eight highways in Gujarat to National Highways as part of efforts to boost infrastructure development and job generation in the state.
India has moved down the order on the overall investment attractiveness index to 97 from the earlier 73, a survey of mining and exploration companies for 2016 showed.
The government today said there is a need for attracting investments and private exploration agencies in regional exploration.
The world’s largest solar power plant, coming up in Madhya Pradesh, has caught the interest of clean energy companies from around the world.
Finance Minister Arun Jaitley is likely to significantly ramp up public investment in infrastructure to boost growth, to offset a slowdown in private investments.
Concerned over poor investment by private sector in big-ticket infrastructure projects, the Niti Aayog has recommended to the government to hike private investment in sectors like roads, railways and shipping,
World Energy Investment 2016 Video Credit : IEAEnergy