Kerala govt allocates Rs 378 cr for Kochi Metro phase-II construction
The Kerala government has approved Rs 378.57 crore for the construction of Phase-II of the Kochi Metro Rail project. This funding will support the development of an 11.8 km stretch of the Pink Line, connecting Jawaharlal Nehru Stadium to Kakkanad
KPIL bags Rs 2,263 cr new orders in domestic & overseas markets
Kalpataru Projects International Limited (KPIL) has announced the acquisition of new orders amounting to Rs. 2,263 crore in both domestic and overseas markets. The transmission and distribution (T&D) segment secured orders of Rs. 1,564 crore
UPMRC invites bids for Agra-Kalindi Vihar main line viaduct construction
The Uttar Pradesh Metro Rail Corporation has initiated the bidding process for the construction of the Main Line elevated viaduct, covering a 2.61 km stretch from Agra Cantt metro station to Kalindi Vihar Metro station under package AGCC-07
J Kumar Infra bags Rs 378 cr contract from MMRDA for Mumbai Metro Flyover
J Kumar Infra secures a construction contract worth Rs 378 crore from Mumbai Metropolitan Region Development Authority (MMRDA). The project involves the design and construction of a flyover (missing links) connecting Link Road, Andheri (West) to Poonam
SEPC secures Rs 427 cr contract for water infra project in Jharkhand
SEPC Ltd, formerly Shriram EPC Ltd, has won a contract worth Rs 427.9 crore from the government of Jharkhand. Awarded by the Drinking Water and Sanitation Department, the project involves the construction of an intake well on a turnkey basis
Railways seals Rs 7,000 cr bullet trains deal with Japan
Indian Railways has finalized a deal with Japan, securing 18 state-of-the-art E5 series trains from Shinkansen Technology for the upcoming Mumbai-Ahmedabad Bullet Train project. Valued at Rs. 7,000 crore, the agreement includes technology
Brigade Enterprises to build 14 acre residential project in Bengaluru
Brigade Enterprises has revealed plans for a new residential project, 'Brigade Sanctuary,' spanning 14 acres on Whitefield-Sarjapur Road in Bengaluru, Karnataka. This joint development venture is set to deliver 1,275 units, aligning with the
Railway to deploy global ‘Kavach' system in rail network
Global companies Siemens and Japan's Kyosan have received approval to deploy the automatic train collision avoidance system 'Kavach' on the Indian railways network. Railway Minister Ashwini Vaishnaw announced a substantial increase in Kavach deployment
Noida Metro plans extension between sectors and Delhi
The Noida Metro Rail Corporation (NMRC) is set to extend the metro line from Sector 142 to Botanical Garden stations, covering a length of 11.56 km at an estimated cost of Rs 2254.35 crore. The proposal, designed by the Delhi Metro Rail Corporation
ITD Cementation secures Rs 1,001 cr 500 MW Hydro Power Project in AP
ITD Cementation India, a leading EPC player, has clinched a contract valued at Rs 1,001 crore for the construction of hydro-mechanical works in a 500 MW pumped storage project in Andhra Pradesh. This strategic move bolsters ITD Cementation's standing
Adani Group plans Rs 7 trillion investment in infrastructure over next decade
Adani Group, a port-to-power conglomerate, aims to invest Rs 7 trillion (approx. USD 84 billion) in infrastructure projects over the next decade. The expansion targets include ports, energy, and infrastructure businesses, reflecting the conglomerate's
Konkan Railway floats tender for twin tunnel road project in Kerala
Konkan Railway Corporation (KRCL) initiates tender for a twin tube unidirectional tunnel road project connecting Kozhikode and Wayanad districts in Kerala. The project encompasses the construction of a four-lane approach road facilitating direct
Provident Housing announces luxury residential project in Bengaluru
Provident Housing, a subsidiary of Puravankara Group, unveils plans for a luxury residential project spanning 15 acres on IVC Road in Bengaluru. The project, featuring 288 units, aims to cater to the increasing demand for upscale living and is priced
Arunachal Pradesh unveils logistics policy aligned with PM Gati Shakti
Arunachal Pradesh State Government introduces the Arunachal Pradesh Logistics Policy, aligning with the PM Gati Shakti framework for integrated development by 2047. The policy emphasizes connectivity infrastructure improvements and growth opportunities
NHAI initiates service road upgrade on Delhi-Jaipur highway
The National Highways Authority of India (NHAI) has commenced the overlay of service roads on both sides of the Delhi-Jaipur national highway (NH-48), focusing on the section from Dharuhera flyover to Masani bridge. This move follows the completion of
India launches ₹45000 cr auction for strategic minerals exploration
The Indian government initiates the first tranche of auctions, valued at around ₹45000 crore, for 20 mineral blocks, including lithium, rare earth elements, nickel, copper, and more. The online auction, led by the Ministry of Mines, aims to harness
MoPSW to start ₹76000 cr Vadhavan port project
The Ministry of Ports, Shipping, and Waterways unveils plans for the initiation of construction on the ₹76000 crore container port at Vadhvan in Maharashtra. The port, managed by Jawaharlal Nehru Port Trust, has secured environmental clearances, and
Karnataka invites tenders for ₹1238 cr road project
The Karnataka Road Development Corporation (KRDCL) initiates the tender process for a ₹1238 crore road project on a design, build, operate, maintain, and transfer (DBFMOT)-HAM model. The project spans from Kalmala Junction near Raichur to Bellary-Lingasugur
Noida plans 28-km bypass road between Jewar and IGI Airport
The Noida authority unveils plans for a 28-km bypass road, circumventing the Noida-Greater Noida expressway, to establish efficient connectivity between Jewar and IGI Airport in Delhi. The strategic road aims to alleviate traffic congestion, especially
Adani Total Gas initiates green hydrogen blending pilot in Ahmedabad
Adani Total Gas (ATGL) launches a green hydrogen production and blending pilot project in Ahmedabad, Gujarat, with plans for commissioning by the 2024-25 financial year. In collaboration with TotalEnergies, the project aims to gradually increase the
Ganga Realty unveils ₹1000 cr luxury housing project in Gurugram
Ganga Realty, a prominent real estate developer, announces a luxurious housing project, 'Nandaka 84', in Gurugram with an investment of ₹1000 crore. Spanning 8.33 acres, the project will feature 302 apartments and penthouses, starting at ₹4.05 crore
Capacit'e Infraprojects wins ₹101 cr Mumbai Aranya phase-II Project
Capacit'e Infraprojects clinches a ₹101 crore contract from Tridhaatu Aranya Developers for the construction of Aranya Phase-II project in Chembur, Mumbai. The EPC player strengthens its order book for the fiscal year, emphasizing its commitment
Cabinet greenlights Rs 24,104-cr PM-JANMAN scheme for tribal welfare
The Union Cabinet has approved Rs 24,104 crore for the Pradhan Mantri Janjati Adivasi Nyaya Maha Abhiyan (PM-JANMAN). The comprehensive scheme covers infrastructure, housing, water, healthcare, and allied welfare for tribal communities. The initiative
CIDCO initiates DPR for Navi Mumbai Metro 2, 3 & 4
City and Industrial Development Corporation (CIDCO) has appointed a consultant to prepare a Detailed Project Report (DPR) for Navi Mumbai Metro Lines 2, 3 & 4. With an estimated cost exceeding Rs 11,000 crore, these lines aim to enhance connectivity
Tata Power unveils Rs 60,000-cr investment plan with renewable focus
Tata Power announces a comprehensive investment plan of Rs 60,000 crore, with nearly half dedicated to the renewable sector. The investment will be phased, starting with Rs 15,000 crore in FY24 and scaling up in subsequent years. The plan includes
PCBL diversifies with Rs 3,800-cr acquisition of Aquapharm Chemicals
Phillips Carbon Black Limited (PCBL), a part of RP-Sanjiv Goenka Group, ventures into water treatment and oil and gas chemicals through the acquisition of Pune-based Aquapharm Chemicals for Rs 3,800 crore. The move signifies PCBL's strategic expansion into
Bonfiglioli Transmissions inaugurates high-tech assembly facility in Pune
Bonfiglioli Transmissions Pvt Ltd, the Indian arm of global power transmission leader Bonfiglioli Riduttori S.p.A., has inaugurated its new 42,500 sq. meters assembly facility in Pune. The high-tech, smart plant, operational from November 29, 2023, emphasizes
CLSA predicts India to become world's largest economy by 2052
A recent CLSA report forecasts that India could surpass the US to become the world's largest economy by 2052, with a nominal GDP of $45 trillion. The study projects India to be the world's third-largest economy by 2027, surpassing Japan, and expects
41 trapped workers rescued from Silkyara tunnel collapse
Union Minister for Road Transport and Highways, Shri Nitin Gadkari, expresses relief and happiness as 41 trapped laborers are successfully rescued in the Silkyara Tunnel Collapse. He applauds the well-coordinated efforts of multiple agencies, acknowledging
NHAI implements revised guidelines to curb cost escalation & streamline land acquisition
The National Highways Authority of India (NHAI) has introduced revised guidelines to expedite approval for land acquisition and counteract potential increases in land costs or changes in land use with the intention of obtaining higher compensation
