Narendra Modi Current Affairs - 2020
Prime Minister Narendra Modi laid foundation stone of India International Convention and Expo Centre (IICC) in Sector 25, Dwarka, New Delhi. On completion, it will be biggest indoor exhibition space in India and also rank among the top 10 in the world.
India International Convention and Expo Centre (IICC)
IICC will be integrated complex with facilities like exhibition halls, convention centre, open exhibition spaces, mixed use commercial spaces like star hotels (5, 4 and 3 star), retail services and high-end offices. It will provide facilities on par with best in the world in size and quality.
It will offer setting for international and national events, meetings, conferences, exhibitions and trade shows. It will have capacity to accommodate 11,000 persons, 5 exhibition halls, 1-kilometre long foyer, multi-purpose arena with retractable roof.
The project is planned over area of 221.37 acre in Sector 25, Dwarka at an estimated cost of Rs 25,703 crore. It will be implemented by India International Convention and Exhibition Centre Ltd, a 100% government-owned company set up by Department of Industrial Policy and Promotion (DIPP). It is expected to generate over 5 lakh employment opportunities.
Construction of IICC will be in line with green building principles and Indian Green Building Council (IGBC) Platinum rating standards. It will be developed in two phases. Phase-I and II will be completed by December 2019 and December 2024, respectively. It will have dedicated underground Metro station which will be extension of airport high speed metro corridor being constructed by Delhi Metro Rail Corporation.
Tags: Business • DIPP • Economy • India International Convention and Expo Centre • Narendra Modi
Prime Minister Narendra Modi and his Bangladeshi counterpart Sheikh Hasina jointly launched the construction of India-Bangladesh Friendship Product Pipeline Project through video conferencing. It is first such pipeline through which refined diesel will be supplied to Bangladesh from India.
India-Bangladesh Friendship Product Pipeline Project
The project involves construction of 130-kilometre long pipeline that will connect Siliguri in West Bengal and Parbatipur in Dinajpur district of Bangladesh. Of the total stretch, six-kilometre will be in Indian side and remaining 124 kilometres will in Bangladesh. Indian leg of the pipeline project will be implemented by Assam-based Numaligarh Refinery Limited and Bangladeshi leg will be implemented by Bangladesh Petroleum Corporation
The pipeline has capacity of 1 million metric tons per annum. It will supply refined diesel will be supplied to Parbatipur depot from Numaligarh of Assam in India. Initially, it will supply Bangladesh 2.5 lakh tonnes of diesel every year and gradually it will be increased to 4 lakh tonnes. The project will replace existing practice of sending diesel by rail covering distance of 510 kilometers. The estimated this pipeline project is Rs. 346 crore and it will be completed in 30 months’ timeframe.