MoRTH launches Rs. 2,655cr highway projects

Highway Projects in Himachal Pradesh
Adding to the road infra in the hilly state of Himachal Pradesh, the Transport Minister has recently laid the foundation stones of three new road projects worth Rs. 2,655-cr including four-laning works of Parwanoo-Solan block on National Highway 22 (now National Highway No-5), Solan-Kaithalighat block and Shimla bypass Read More...

Decks cleared for Peb-steel bridge project

Pre Fabricated Steel Bridge
Decks have been cleared for the assembling of the pre-fabricated steel bridge of the elevated metro rail viaduct over the existing Oliphanta railway bridge on the outskirts of Secunderabad in Telangana. The bridge will be completed by January with the South Central Railway (SCR) handing over an acre of its land Read More...

DIAL shows the way for PPP projects

Delhi International Airport
The Public-Private Partnership (PPP) projects can take a leaf out of the Delhi airport, which is being run by Delhi International Airport Ltd. (DIAL) — a consortium between GMR Group (64%), the government's owned Airports Authority of India (AAI, 26%) and also Germany's Fraport AG (10%) — completed Read More...

JLL unveils Rs. 300-cr funds for realty sector

JLL India Funds Realty Sector
JLL India, which is a renowned property consultancy firm of global repute, through its subsidiary JLL Segregated Funds Group, has decided to generate Rs. 300-cr through its Residential Opportunities Fund II to invest in housing projects across top seven property markets in the country. The fund will focus on buying Read More...

Dell India fixes smart city projects on radar

Dell India Smart City Projects
With a view to cater to the digital needs of the upcoming smart cities as envisioned by the Central Government, technology giant, Dell India has decided to offer score of innovative solutions. On this score, it has already negotiated with the empowered official in the central government, Director (Solutions Strategy Read More...

Kerala cruises ahead with twin road projects

Twin Road Projects in Kerala
In order to build top class road network in the rural belt of the state, Public Works Department (National Highway Division) is all set to take up two road projects under the Central Road Fund (CRF) that are currently in the contract award stage. The project included 12 km stretch of the Thalassery-Mahe bypass Read More...

Chhattisgarh fixes Rs. 3,900-cr for smart city

Chhattisgarh Smart City
The state government has set aside a staggering investment target worth Rs. 3,900-cr to build Raipur, the capital city of Chhattisgarh, under a central government scheme, as the city has recently been selected under the Smart Cities Mission and that the old city of Raipur would also be covered in the mission Read More...

NHAI to kick start Rs 2,100-cr road project

NHAI Road Projects
National Highways Authority of India is all set to start two new projects after taking back the stalled one from concessionaires after settlement. Two concessionaires - Larsen & Toubro and MEP Infrastructure Developers - have terminated the concessions and these assets are lying stuck Read More...

Road project worth Rs. 205-cr up for grab

Traffic Improvement in Ghatkopar
The Mumbai Metropolitan Region Development Authority (MMRDA) has floated tenders to depute project management consultants for the proposed Traffic Improvement Scheme at Chheda Nagar junction in Ghatkopar (East) for the construction of two flyovers and an elevated road at a cost of Rs. 205cr. The civic body Read More...

Economy crossing 8% GDP growth rate

Indian GDP Growth Rate
In view of the additional capital expenditure (capex) by the government in infrastructure projects is all set to push the economy to grow over 8% GDP growth rate in the first quarter of current fiscal, CII said in a statement. Adding that on the back of better monsoon prospects, surge in rural demand Read More...

M’rashtra unveils Rs. 30,000-cr super e-way project

Devendra Fadnavis
The Maharashtra chief minister, Devendra Fadnavis, in a recent development has showcased the super expressway project worth Rs. 30,000-cr to the visiting Malaysian construction companies' delegation, which evinced keen interest in partnering with the state in this and other upcoming infrastructure projects Read More...

Govt. clears Rs. 250-cr road project

Road Project in Madhya Pradesh
Adding momentum to the road building process across the country, the Union Road Transport and Highways ministry granted in-principle approval to give Rs. 250-cr for wildlife mitigation measures on NH-7 between Mansar and Khawasa, in Madhya Pradesh, said official sources, adding that National Highway Authority Read More...

Center clears Rs. 43,922-cr for housing sector

Venkaiah Naidu
The Union Ministry of Housing and Urban Poverty Alleviation has sanctioned Rs 43,922-cr including Central Assistance of Rs. 10,050-cr to 18 states to build 6, 83,724 housing units and work on the creation of the targeted housing stock which is currently in full swing, said ministry sources, Read More...

Govt fast tracks Rs. 11,450-cr metro project

Metro Project
In an attempt to provide hassle-free transport facilities to the residents, the Divisional Commissioner, Alok Sinha, has cleared the final Detailed Project Report (DPR) for the Meerut Metro project entailing an investment worth Rs. 11,450cr. In this connection, he said adding that the civic body is sending Read More...

J&K unveils new highway to Chenab Valley

Highway to Chenab Valley
In its quest to ensure faster movement of ‘man and materia'l across the state, the state government in J&K has decided to build new road connectivity to Chenab Valley and that it has sent a proposal for alternate highway from Lakhanpur to Doda via Ranjit Sagar Dam, which is currently under construction Read More...

MP goes for light metro projects

Madhya Pradesh Light Metro Projects
The state government in Madhya Pradesh has decided to build light metro rail instead of metro rail in the state capital in Bhopal and also in Indore where there will be driverless train and that the mega projects are being financed by the Japan International Cooperation Agency (JICA), which has already agreed to fund Read More...

AP speeds up Rs. 2,000cr urban projects

Andhra Pradesh Urban Projects
In an encouraging development in the urban development segment, all the pending projects under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM), including underground drainage, drinking water projects, and Bus Rapid Transit System, which are currently in full swing, are heading for completion Read More...

Tata Value Homes secures $ 50-mn infusion

Tata Value Homes
In an encouraging development in the real estate sector, the UK government-owned development finance entity, CDC, has decided to invest $25 million in Tata Value Homes, which is a wholly owned subsidiary of Tata Housing Development Company, mainly focusing on affordable housing projects, official sources said Read More...

Britain unveils JV for three smart city projects

Britain Smart City Joint Venture
Buoyed by the government eagerness to build 100 smart cities across the country, Britain is all set to collaborate with the state governments and the municipal authorities to develop Pune (Maharashtra), Indore (MP), and Amravati (Andhra Pradesh) urban towns into smart cities, British High Commissioner to India Read More...

J&K gets two AIIMS, two smart cities

Mehbooba Mufti
Injecting a major booster to Jammu and Kashmir, the Centre has cleared two All India Institute of Medical Sciences (AIIMS) and two smart cities for the state, Chief Minister said in a recent statement. Adding that one each AIIMS has been sanctioned for Jammu & Kashmir by the Centre. In Jammu, AIIMS Read More...

SPV in place for smart city project

SPV For Smart City Projects
Fast tracking the building of smart city project, the Coimbatore Corporation has initiated steps to register the Special Purpose Vehicle (SPV) that will steer the execution of the projects under the Central Government's Smart City project, said official sources, claiming that the Corporation has named the SPV Read More...

RInfra targets Rs. 10,000-cr from EPC contracts

Reliance Infrastructure
The Anil Ambani owned Reliance Infrastructure, which currently commands an EPC order book worth Rs. 3,075-cr and revenues stood at Rs 2,774 crore, has decided has set an astounding revenue target of Rs 10,000-cr by focusing on the EPC model in the current fiscal. To further boost its business prospects, it is currently Read More...

Road safety scheme worth Rs. 2,000cr on anvil

Road Safety Scheme
In order to put a break on the increasing number of accidents on national highways, the Centre is all set to launch a new scheme-'Pradhan Mantri Surakshit Sadak Yojana' for highway users and has already cleared Rs. 2,000-cr for the purpose. In this connection, the scheme, which aims at better designing and road engineering Read More...

Everest Industry unveils manual PEB technology

Everest Manual PEB Technology
Moving a step ahead in the segment, Steel Building Solutions, the Pre-Engineered Building division of Everest Industries Ltd, has recently launched technical manual on Pre-Engineered Building (PEB) technology, which will be used by architects, design engineers, and project managers as a technical orientation Read More...

Govt. fixes 300-mn tons steel-making target

Steel Manufacturing
In an attempt to inject a booster to the steel manufacturing segment, the government has targeted to increase steel production to 300 million tons, said official sources, claiming that the concerned ministry is currently reviewing the performance of public sector, Manganese Ore India Limited (MOIL) and that Read More...

AP launches Rs. 412-cr rural roads

Rural Roads in Andhra Pradesh
In order to provide hassle-free transport facilities to the rural folk in the Srikakulam district of Andhra Pradesh, the state government has decided to build road network worth Rs. 412.04-cr in the rural belt of the region in the current fiscal. The roads, which have already been constructed under the supervision Read More...

KDP Infra to invest Rs 250 cr in a premium luxury project

KDP Infra Coral Ridge
KDP Infrastructure Pvt. Ltd., one of the leading real estate developers, has launched its new premium luxury project "Coral Ridge". The project is strategically located in the prime location, near Raj Nagar Extension, in close vicinity of the upcoming International Read More...

Gujarat gets Rs 2 lakh-cr for infra projects

Nitin Gadkari
In order to build world class road and port infrastructure in Gujarat, the central government has set a towering target worth Rs. 2 lakh-cr for building infra projects in the next 3 years, said official sources. Elaborating that it has already laid the foundation stone Read More...

Rail sector secures Rs. 93k-cr investment

Investment In Rail Sector
In an encouraging development in the Rail and Road Infra Building Segment, the government has commissioned 1,780 km of rail lines and over 6,000 km of highways in 2015-16 fiscal, the PMO said in a recent statement, adding that these stats have emerged in the recent review of key infrastructure sectors' projects Read More...

Gujarat goes for Rs. 2,640-cr road projects

Road Projects in Gujarat
In order to connect important religious and tourist places between Bhavnagar and Somnath in Gujarat, four road projects worth Rs 2,640-cr have been awarded recently, NHAI sources, said detailing that 256 km long Bhavnagar to Somnath section of NH-8E (New NH-51) is an important link to connect religious and tourist Read More...
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