Cabinet considers 5% cost escalation in contracts. The Cabinet Committee on Economic Affairs (CCEA) has approved the construction of double line with electrification of three railway routes in Tamil Nadu. The projects will be completed in 2020-21.
Opportunities seen in nuke supply chain. Several foreign companies from various countries have shown interest in participating in the country’s nuclear power projects in various capacities such as technology partners, suppliers, contractors.
Giza-plant will be based on Swedish technology. India’s Nuberg has secured a Euro15 million contract for hydrogen peroxide plant in Egypt.
India-Spain to establish Working Committee. The Union Cabinet chaired by the Prime Minister Narendra Modi has been apprised of the Memorandum of Understanding (MoU) between India and Spain on cooperation in renewable energy.