CCEA approves fixation of price for domestic natural gas
Fixation of price of domestic natural gas according to Rangarajan Committee recommendations on Production Sharing Contract (PSC) mechanism in petroleum industry The Cabinet Committee on Economic Affairs (CCEA) today gave its approval for fixation of price of domestic natural gas according to the recommendations of the committee constituted under the Chairmanship of Dr. C. Rangarajan… Read More
Tags: C. Rangarajan, Cabinet Committee on Economic Affairs, CCEA, Henry Hub, India, Natural gas, Natural gas prices, New Exploration Licensing Policy
Facilitation of harmonious substitution of Concessionaire in the ongoing and completed National Highway Projects
The Cabinet Committee on Economic Affairs today approved the proposal to facilitate harmonious substitution of Concessionaire in ongoing and completed National Highway Projects. This will expedite implementation of road infrastructure in the country and insulate the National Highway Authority(NHAI) from heavy financial claims and unnecessary disputes. The proposal aims at revival of the sector by facilitating substitution… Read More
Tags: Cabinet Committee of Economic Affairs, CCEA, Concession (contract), Concessionaire, finance, Lenders, National Highway Authority of India, NHAI, PPP, Purchasing power parity
CCEA approves mechanism for coal supply to power producers
The Cabinet Committee on Economic Affairs (CCEA) today approved the following mechanism for supply of coal to power producers: (i) Coal India Ltd. (CIL) to sign Fuel Supply Agreements (FSA) for a total capacity of 78000 MW including cases of tapering linkage, which are likely to be commissioned by 31.03.2015. Actual coal supplies would however… Read More
Tags: CCEA, CIL, Coal India Limited, Coal Ministry, Council for the Curriculum Examinations & Assessment, India, Ministry of Power, Thermal power station
CCEA Approves changes in Delegation of powers for approval and appraisal of National Highways projects
The Cabinet Committee on Economic Affairs (CCEA) approved the proposal for a change in the delegation of powers for appraisal and approval of National Highways projects. This will simplify the appraisal and approval of the National Highway projects. At present, projects of Rs.500 crore or above require investment approval of the CCEA but projects below Rs.… Read More
Tags: CCEA, Council for the Curriculum Examinations & Assessment, Minister (government), Ministry of Road Transport & Highways, National Highway, Planning Commission, Public–private partnership, Secretary of State for Economic Affairs
Revival of closed units of Fertilizer Corporation of India Limited
The Cabinet Committee on Economic Affairs (CCEA) approved the proposal regarding revival of five closed units of Fertilizer Corporation of India Limited (FCIL) at Sindri, Talcher, Ramagundam, Gorakhpur and Korba. The CCEA approved the waiver of Government of India loan and interest thereon amounting to Rs.10,644 crore. The CCEA approved proposal for intercorporate loan of… Read More
Tags: CCEA, Council for the Curriculum Examinations & Assessment, Fertilizer Corporation of India Limited, Gorakhpur, Government of India, India, Ramagundam, Sindri
Proposal for extension of completion date of NATRiP project
The Cabinet Committee on Economic Affairs (CCEA) today approved the extension of the date of completion of the project by two years beyond 31st December, 2012 to 31st December, 2014. The National Automotive Testing and R&D Infrastructure Project (NATRiP) was approved by the CCEA on 25th July, 2005 with a total investment of Rs.1718 crore,… Read More
Tags: Ahmednagar, Automotive Research Association of India, Cabinet Committee on Economic Affairs, CCEA, India, Manesar, Pune, Silchar
Sugar Decontrol Approved by the Cabinet Committee
Sugar Decontrol Approved by CCEA The CCEA in its meeting on April 4, 2013 has approved the following proposals: The Regulated Release Mechanism of sugar by will be dispensed with immediately. The decision will provide timely payment of cane price to farmers. However, PDS consumers will continue to get sugar at the existing rates. Obligation… Read More
Tags: Business, Cabinet Committee on Economic Affairs, CCEA, PDS, Price, Public Distribution System, Rupee, Subsidy, Sugar, Sugar Decontrol