Sunday, April 26, 2009

[Investors Please Listen] Andhra Government Spends Rs 100,000 crore on Building Water Infrastructure

Andhra Pradesh: Moving Water To Parched Lands Of Telengana

The State Government is spending a massive $ 25 bn building a network of canals, dams and barrages, refilling existing lakes, recharging acquifers and linking the three rain fed rivers in the State, much before such ideas have been implemented on a national level.

 

Construction of irrigation projects has been taken up on a massive scale in Andhra Pradesh. In the history of irrigation development, there is no such precedent in the State and this activity is going to boost the irrigation sector in a significant manner benefiting irrigated agriculture throughout the State.

 

Twenty-six major and medium irrigation projects costing Rs. 46,000 crores (Revised to Rs. 67,823 crores) have been taken up for execution. Out of this, 8 projects are programmed to be completed within 2 years and the balance 18 projects within 5 years.

 

The increase in cost, though happened within 1 year of taking up execution of works, is mainly due to increase in scope of the projects as well as the realistic costs of land acquisition, relief, and rehabilitation.

 

In addition to these 26 projects, it is proposed to construct several other major irrigation projects like Polavaram, Pranahitha - Chevella and it is estimated that about Rs.1.00 lakh crores would be needed to complete all these projects.

 

The key beneficiaries will be the private sector entities which have specialised in Building Water Infra.



Now surf faster and smarter ! Check out the new Firefox 3 - Yahoo! Edition * Click here! --~--~---------~--~----~------------~-------~--~----~
Safe Harbor:
The information contained and provided on this Website provides Investment advice for the education of investors. The posts are an information service only. Recommendations, opinions or suggestions are given with the understanding that readers acting on this information assume all risks involved. We do not assume any responsibility or liability resulting from the use of such information, judgment and opinions for Trading or Investment purposes.

You received this message because you are subscribed to the Google Groups "Investors Please Listen !" group.
To post to this group, send email to investorspleaselisten@googlegroups.com
To unsubscribe from this group, send email to
investorspleaselisten+unsubscribe@googlegroups.com For more options, visit this group at http://groups.google.com/group/investorspleaselisten?hl=en
-~----------~----~----~----~------~----~------~--~---

No comments:

Blog Archive

Life Insurance | Health Insurance | Auto Insurance


Investors Please Listen !

 
More than 100 kinds of Insurance products from more than
20 companies under one roof.



Call: 9818269396 
investorspleaselisten@in.com
www.investorspleaselisten.blogspot.com

 

 

Safe Harbor:

The information contained and provided on this Website provides Investment advice for the education of investors. The posts are an information service only. Recommendations, opinions or suggestions are given with the understanding that readers acting on this information assume all risks involved. We do not assume any responsibility or liability resulting from the use of such information, judgment and opinions for Trading or Investment purposes.
Powered by Olark
Advertising Learn to Invest