Union Budget 2011-12 has extended the tax holiday for power sector projects including Ultra Mega Power Projects, which take off this fiscal.
The government has approved a new policy for allocation of power to be generated by upcoming state-run thermal power plants.
The Union Government has approved an increase of Rs 1,000 crore in grant for setting up infrastructure projects in Bihar during 2010-11 under the Backward Regions Grant Fund (BRGF) scheme.
India will miss the power capacity addition target for the 11th Five Year Plan (2007-12) by nearly 20 per cent due to various project related delays.
FICCI's infrastructure summit in New Delhi, marked by large participation from all sectors, did not witness remarkable announcements, but for the reiteration that infrastructure is likely to miss the 11th Plan target by more than 10 per cent.
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