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...

Metro project in Uttrakhand on cards

Uttarakhand Metro Project
The state government in the hilly state of Uttrakhand has recently decided to build Dehradun-Rishikesh-Haridwar metro line to ease ever increasing traffic pressure on the roads of these cities, Chief Minister, Harish Rawat said, while stressing on the need to develop alternative modes of transport Read More...

Madurai awaits ‘smart city’ tag

Madurai Smart City
The emerging scenario in the much hyped smart city program, the Temple City-Madurai is all set to be included in the select band for Smart City projects initiated by the Union government in its second round. If Madurai joins the smart band, it would receive Rs. 1,000-cr funds for development, Read More...

Chennai plans bridges worth Rs.300-cr

Bridge Projects in chennai
In order to build quality bridge and flyovers projects ensuring minimum cost, eco-friendliness, pollution and damage-free concrete structures at a cost of Rs. 300cr, the civic agency of Chennai has opted for Japanese engineers referred by the Japanese International Cooperation Agency (JICA). On this score Read More...

AAI unveils Rs. 400-cr airport expansion

Srinagar Airport
In order to cater to the increasing air traffic at the Srinagar airport, the Airport Authority of India (AAI) has initiated the airport expansion process entailing an investment of Rs. 400-cr and that the nodal agency has already floated tenders on this score. The expansion of the airport meant to increase Read More...

Railway rolls out 270-km rail project plan

Chhattishgarh Rail Projects
In order to make the most out of the mineral enriched region, the Indian Railways is contemplating to build 270km new railway link in Chhattisgarh in cooperation with the Union Government in the near future. The proposed railway line will directly link Dongargarh, Khairagarh, Kawardha, Mungeli Read More...

IDFC unveils Rs. 2,000cr residential realty fund

IDFC Residential Realty Fund
In order to provide sufficient funding flow to the country's real estate sector, IDFC Alternatives, the asset management arm of infrastructure finance company IDFC Ltd., is all set to generate $300-million (Rs. 2,000cr) to invest in the Indian real estate sector, said an industry insider Read More...

KMRL cracks Rs. 747-cr water metro project

Kochi Water Metro Project
In order to build the Unified Metropolitan Transport Authority (UMTA) and the seamless integration of various modes of transport such as Metro, buses, and boats, tempting masses to opt for public transport instead of using cars, the Kochi Metro Rail Ltd. has decided to ink tri-party Read More...

KRCL- CONCOR pushes logistic park project

KRCL CONCOR Logistic Park Project
The Konkan Railway Corporation Limited (KRCL) and Container Corporation of India Ltd. (CONCOR) have decided to enter into an agreement to set up a Multi-Modal Logistics Park (MMLP) at Balli railway station in South Goa on a revenue-sharing basis, Railway Minister, Suresh Prabhu said, Read More...

MMRDA unveils Rs. 25, 444cr new metro corridors

MMRDA Metro Corridors
In its quest to provide hassle free transport facilities to the masses of the metropolitan city, the Mumbai Metropolitan Region Development Authority (MMRDA) is all set to extend the metro connectivity to the nearby areas of Mira Road and Bhayandar at an investment worth Rs. 25,444cr, Read More...

China-Nagpur inks urban infra pact

Nagpur Jinan City
In order to build world class urban infrastructure in this belt of the Maharashtra, the Nagpur Municipal Corporation (NMC) and Jinan, in a historic move, entered into an agreement to build sister-city relationship covering multiple segment including urban planning development of water infra Read More...

Gujarat goes for Rs. 435-cr road project

Road Project In Gujarat
In order to cater to the expected increase in the flow of tourist traffic to the upcoming Statue of Unity in the state, the Gujarat government has decided to widen the road network leading to Kevadia entailing an investment worth Rs. 435.74cr, the concerned state transport minister said, Read More...

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