Centre set to create river interlinking projects in India
PORTS & SHIPPING

Centre set to create river interlinking projects in India

The Centre has set the process of creating the National Interlinking of Rivers Authority (NIRA) for the planning, investigating and financing the implementation of the river interlinking projects in India.

NIRA will replace the existing National Water Development Agency (NWDA), and it will act as an umbrella body for all river interlinking projects. It will coordinate with the neighbouring countries, states and departments and have the powers on issues related to the environment, wildlife and forest clearance under the river interlinking projects.

According to an official source, the proposal for the constitution of NIRA was deliberated in a meeting of the Special Committee for Interlinking of Rivers by Jal Shakti Minister Gajendra Singh Shekhawat. Other officials, including the state water resources ministers, were also present.

Sources told the media that the Ministry would soon send a note to the Cabinet for its approval. The Cabinet approved NIRA and would be a preferred route for its early constitution. The Ministry of Law also approved establishing the new body.

The Task Force for Interlinking of Rivers (TFILR) has already deliberated on the proposal of NIRA.

NIRA will have the power to raise funds and work as a repository of borrowed funds or money received on depositing or loan given on interest. It also has the power to coordinate with neighbouring countries and states as directed by the Jal Shakti or the Ministry of External Affairs. NIRA can also set up a Special Purpose Vehicle (SPV) for individual link projects.

Image Source

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

The Centre has set the process of creating the National Interlinking of Rivers Authority (NIRA) for the planning, investigating and financing the implementation of the river interlinking projects in India. NIRA will replace the existing National Water Development Agency (NWDA), and it will act as an umbrella body for all river interlinking projects. It will coordinate with the neighbouring countries, states and departments and have the powers on issues related to the environment, wildlife and forest clearance under the river interlinking projects. According to an official source, the proposal for the constitution of NIRA was deliberated in a meeting of the Special Committee for Interlinking of Rivers by Jal Shakti Minister Gajendra Singh Shekhawat. Other officials, including the state water resources ministers, were also present. Sources told the media that the Ministry would soon send a note to the Cabinet for its approval. The Cabinet approved NIRA and would be a preferred route for its early constitution. The Ministry of Law also approved establishing the new body. The Task Force for Interlinking of Rivers (TFILR) has already deliberated on the proposal of NIRA. NIRA will have the power to raise funds and work as a repository of borrowed funds or money received on depositing or loan given on interest. It also has the power to coordinate with neighbouring countries and states as directed by the Jal Shakti or the Ministry of External Affairs. NIRA can also set up a Special Purpose Vehicle (SPV) for individual link projects. Image Source

Next Story
Infrastructure Urban

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Next Story
Infrastructure Transport

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Next Story
Infrastructure Transport

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement