CCEA steers clears Rs. 6,000-cr road projects

CCEA Road Projects
Injecting a major booster to the road infra across the country, Cabinet Committee on Economic Affairs, has recently given its approval to three major highway projects at an investment of Rs. 6,000cr, said finance ministry sources, elaborating that the government has given its nod to the four laning Read More...

Embassy Group plans 30-acre SEZ project

Embassy Group SEZ Project
In a major booster to the otherwise dormant Special Economic Zones' sector, property developer- Embassy Group has emerged as the exclusive co-developer for setting up a 30-acre special economic zone in the heart of the Chennai city, said an industry insider, adding that the project Read More...

Chhattisgarh unveils Rs. 4,500cr smart city

Chhattisgarh Smart City
The Bilaspur Municipal Corporation, in Chhattisgarh, has recently cleared a Smart City project on 1,000 hectares involving an investment worth Rs. 4,500cr. In this regard, a resolution was passed in the general body meeting of Mayor-In-Council (MIC), recently. Prior to this Read More...

Govt. fast tracks NH project in North East

National Highway Project in North East
In its quest to build world class road infrastructure in the border belt of north eastern region of the country, the Union Transport Ministry has decided to widen and rebuild the National Highway-44 in Tripura on "war footing", Road Transport and Highways Minister, Nitin Gadkari Read More...

Logistics infra awaits $6-8bn investment

Logistics Infra Online Shopping
As the popularity of online shopping in India is going up with time, the e-commerce players have lined-up close to $6-8 billion investment in logistics, infrastructure, and warehousing sector in the next few years, an Assocham-PwC study said in its recent finding. The e-commerce market Read More...

Odisha gets Rs. 750-cr road infra booster

Odisha Road Infra
In order to build the requisite road network in the state, the Union government has recently approved Rs. 750-cr to be invested in the Odisha's road and highway sector. As a matter of fact, the state will receive Rs. 400.97-cr under the connectivity scheme and under the Central Road Fund (CRF) Read More...

JNPT plans Rs. 250-cr capacity addition

Jawaharlal Nehru Port Trust
In an attempt to add to its cargo handling capacity, Jawaharlal Nehru Port Trust (JNPT) is all set to expand its capacity involving an investment worth Rs. 250-cr and has already identified the location for the planned expansion, Deputy Chairman Neeraj Bansal said, adding that the Trust will award contract Read More...

AMC readies Rs. 1,730cr smart city project

Aurangabad Smart City Project
The Aurangabad Municipal Corporation (AMC) in a recent move has readied a revised proposal worth Rs.1,730-cr to the Central Government to build a Smart City Project matching world standards. Under the ambitious Smart City scheme, the civic body has given greater focus on specific amenities Read More...

M’rashtra gets Rs. 67,000-cr for road upgrade

Chandrakant Patil
In a major development to upgrade the road infrastructure in Maharashtra, Centre has cleared a whopping sum worth Rs. 67,000-cr to build new roads and upgrade the existing ones across the state, Public Works Minister Chandrakant Patil, said in a statement, elaborating that the state has committed Read More...

Kerala cracks Rs. 1000cr road project

Kerala Road Project
In a bid to make available smooth transport facilities to the local road users, the state government in Kerala has included the Angamaly-Nedumbassery airport bypass road project in its road building plans, said official sources, detailing that the project in question, which involved an investment Read More...

CIMIC secures $169.5-mn mix use project

Retail And Hospitality Project in Mumbai
An offshore player, CIMIC Group Company Leighton Asia, with its headquarters in Australia and engaged in infra and construction segments, through its subsidiary Leighton India Contractors, has recently secured deal worth $169.5 million to build a retail and hospitality project in Mumbai Read More...

Govt. clears Rs. 5,939-cr road projects

Highways Projects
In its quest to provide hassle-free transport facilities in states like Maharashtra, Andhra Pradesh, Telangana, Sikkim, and Assam, among others, the government has recently cleared 8 highway projects entailing an investment worth Rs. 5,939cr. Of these, four will be implemented under the hybrid annuity model Read More...

Jharkhand plans 1,72,588 housing units

Housing Units in Jharkhand
Setting a target to build five lakh houses by 2022, Jharkhand government has decided to build 1,72,588 housing units under the Prime Minister Housing scheme-rural during 2016-17. To construct houses in this fiscal, Rs. 1,30,000 has been targeted for the Maoist-affected and Rs. 1,20,000 for non-Naxal-hit Read More...

MMRDA unveils 23-km metro corridor

MMRDA Metro Corridor
The MMRDA is considering a metro connect linking Thane, Bhiwandi and Kalyan providing a faster and comfortable transport facilities in these area. The agency is awaiting a comprehensive mobility study before finalizing route of the corridor. Nearly 23-km-long new link between Thane and Kalyan Read More...

Govt targets $1.5 trillion matching infra deficit

Arun Jaitley
In order to match the burgeoning infrastructure deficit across the country, the government has targeted an estimated investment worth $1.5 trillion in the next decade. On this score, it has also planned to connect 700 thousand villages with roads by 2019 as part of a massive modernization initiative Read More...

NOIDA-DMICDC plans Rs. 20,000 cr metro line

NOIDA DMICDC High Speed Metro
In a joint initiative, the Greater Noida authority and the Delhi-Mumbai Industrial Corridor Development Corporation Limited (DMICDC) have decided to build an industrial project in Greater Noida's Bodaki area and are all set to prepare a Detailed Project Report (DPR) of 52.9 km Read More...

NHAI unveils new highway in NCR

Highway in NCR
The National Highway Authority of India (NHAI) has started work on preparing a detailed Project Report (DPR) for the new 75 km National Highway crisscrossing the NCR towns like Noida, Ghaziabad, Faridabad, and Gurgaon. On this score, the transport ministry had in October 2015 Read More...

MEP Infra secures Rs. 604.68-cr road project

MEP Infra Road Project
Adding yet another road project to its surging order book in the segment, MEP Infrastructure Developers Ltd. in a joint venture with its Spanish partner has secured a road project entailing an investment worth Rs. 604.68cr. In this connection, the company received a letter of Award Read More...

ADB injects $500-mn in bridge project

Bridge Over Ganga River in Bihar
In a major infra push in Bihar, Asian Development Bank has recently approved $500 million (Rs. 3,350cr) for constructing a bridge across Ganga River in Bihar. After commissioning, the 9.8 km long road-bridge will be country's longest river-bridge and would provide vital transport links Read More...

JSW gets eco clearance for Rs. 35,000cr plant

JSW Steel Plant
In a major development in the steel making sector, JSW Steel has recently secured environmental clearance for setting up an integrated steel unit and captive power plant in Jharkhand with an investment of Rs. 35,000cr. According to the original proposal, the company will setup 10 Million Tons Read More...

HCC achieves day lighting on crucial Delhi Metro III project

HCC Tunnel Boring
Infrastructure major, Hindustan Construction Company (HCC), today successfully achieved a major breakthrough by day lighting the tunnel on Dwarka-Najafgarh metro corridor. The 665-meter tunnel is part of the ambitious phase III of Delhi Metro. Read More...

MoRTH plans Rs. 74,794-cr roads in UP

Roads In Uttar Pradesh
In a joint initiative involving transport ministry, NHAI and state's PWD, the Centre has decided to build Rs. 74,794-cr road infrastructure in Uttar Pradesh in the next two years, sources in the Ministry of Road Transport and Highways (MoRTH), said recently, elaborating that there are Read More...

DMRC gets ‘go-ahead’ for Rs. 2,000-cr project

DMRC Project
Providing uninterrupted transport facility to the metro users of the national capital, Delhi Metro Rail Corporation is all set to take up the proposed Dwarka-Gurgaon Metro line starting from Dwarka Sector 21 to IFFCO Chowk in Gurgaon, Haryana Chief Minister, Manohar Lal Khattar said, revealing that the state government has Read More...

TM clears Rs 2,272-crore highway project

Narendra Modi Highway Project
Fast tracking the road network building process across the country, the Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, in a recent move has approved the widening of Hubli-Hospet Section of National Highway 63 into four lane in the state of Karnataka, Read More...

Haryana hastens Rs. 400-cr ring road project

Haryana Ring Road Project
Work on the Rs. 400-cr project involving construction of about 34-kilometre ring road connecting five national highways in Ambala district, is all set to start shortly, the concerned minister said in a media statement, detailing that the project, which has been given final shape, would connect Ambala Read More...

AMC rolls out Rs. 2,235-cr smart city project

Agra Smart City
In a recent development involving smart city projects, the Agra Municipal Corporation (AMC) has rolled out an ambitious plan at an investment worth Rs. 2,235 crore, Municipal Commissioner, Indravikaram Singh said, elaborating that 78% of the fund has been earmarked for area-based development Read More...

Haryana fixes two metro projects on radar

Haryana Metro Project
In order to make available trouble- free transport facilities to the masses in the NCR region, the Haryana government has directed Delhi Metro Rail Corporation (DMRC) to conduct a feasibility study for three routes on which it proposes to build new Metro lines. They included two from Huda City Centre Read More...

M’rashtra cracks Kolhapur airport project

Kolhapur Airport Project
In its quest to build world class aviation facilities in the state, the state government in Maharashtra has called upon the Union Civil Aviation Ministry to speed-up the development of the Kolhapur airport project. In fact, the state government has requested the ministry and the Airports Authority Read More...

Hybrid model turns out to be a big draw

Hybrid Annuity Road Model
Establishing its popularity among the road builders in a short span of 6 months, the hybrid annuity road model has walked away with 21 highway projects entailing a whopping investment worth Rs. 15,000cr. In the new model, interest of private players picked up after the government approved Read More...

West Bengal plans Rs. 268-cr road upgrade

West Bengal Road Upgrade
In an attempt to inject complete facelift to the road network in the state, the state government in West Bengal has recently approved a whopping investment worth Rs. 168.24cr. The sanctioned funds will also cover five road-upgrade projects, entailing an investment worth Rs. 86.24-cr Read More...
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