News

Bombardier bags ₹2,577-cr rolling stock contract

Bombardier Transportation has won the rolling stock tender for the Delhi-Meerut Regional Rapid Transit System, the National Capital Regional Transport Corporation, the company said in an official statement. The ₹2,577 crore Read More...

BMC gives nod to 200 real estate projects in Mumbai

Shortly after the Brihanmumbai Municipal Corporation (BMC) started giving permissions to private real estate projects in the city for carrying out pre-monsoon construction amidst the lockdown, the civic body has approved more than Read More...

CRISIL: Despite hiccups, Roads & Highways sector to rebound; Aviation flies towards ₹25,000 crore revenue loss

The extended lockdown to contain the Covid-19 pandemic has stalled traffic on the ground as well as in the air; this is likely to lead to huge losses in the infrastructure industries in both the sectors. A CRISIL report estimates Read More...

NHAI launches ₹2,800-cr highway projects in Chennai

NHAI has resumed three major road projects in the Chennai region involving an estimated investment of ₹2,800 crore. NHAI has already obtained permission from Trichy district administration to resume construction work Read More...

Coal India secures funds for laying ₹.4, 870-cr rail line

Coal India subsidiary — South Eastern Coalfields Limited (SECL) — has received a credit of ₹3,976 crore from a consortium of banks, led by State Bank of India, to facilitate laying a rail line for the evacuation of coal. A loan Read More...

UP fast tracks 340-km Purvanchal Expressway project

The UP Expressway and Industrial Development Authority (UPEIDA) hasve speeded up construction work on the 340-km long Purvanchal Expressway across all eight packages by engaging 5,000 workers. The strength of workers before Read More...

₹922 cr Parliament building gets eco clearance

The environment ministry's Expert Appraisal committee has given the green nod for construction of the new Parliament at an estimated cost of ₹922 crore. Meanwhile, the Central Vista committee also approved the new plan Read More...

BRO restarts construction work at Rohtang Tunnel

The construction of the strategic Rohtang tunnel has been restarted by the Border Roads Organization after taking special permission from the Himachal Pradesh government. The work in the Rohtang tunnel, which was christened Read More...

CMRL launches construction work of Phase-I extension

Chennai Metro Rail Limited (CMRL) has started construction work at the Central Square and the Wimco Nagar Depot. The metro rail will expand the work to other sites in the phase I extension project like the construction of stations Read More...

UPMRC resumes work on casting yard & metro depot

Uttar Pradesh Metro Rail Corporation (UPMRC) has resumed civil construction work of the Kanpur Metro project while following standard operating procedures (SOP) approved by the ministry of housing and urban affairs. The work Read More...

NHAI kick starts ring road project in UP

The construction work on the second and third phase of outer ring road has resumed on the 12-km stretch between Faizabad road and Sultanpur road. Nave HAI and the UP Public Works Department (UPPWD) have secured permission from the Read More...

Construction work in full swing across projects in Delhi

The government-owned agencies like PWD, Delhi Metro Rail Corporation (DMRC), NBCC-India Limited, among others, which are spearheading major infrastructure projects in the city, have started construction works across Read More...

Schwing Stetter India resumes operations at Chennai Plant

Schwing Stetter India (SSI), one of the country's leading concreting equipment manufacturers, has resumed operations in its Chennai facility. The announcement follows the relaxation in rules by the government and the necessary Read More...

Builders in Hyderabad get go-ahead to start realty projects

The Telangana government has permitted real estate developers in Greater Hyderabad to undertake construction activity by securing the requisite materials and workers, informed Chief Secretary Somesh Kumar, during a tele Read More...

PMI unveils online Basics of Disciplined AgileTM Toolkit course

The Professional Management Institute (PMI) has announced the launch of its latest online course, Basics of Disciplined AgileTM Toolkit. The eight-module, self-paced online course helps practitioners get started with Read More...

Despite Covid 19, office space realty remains unfazed

Covid 19 may have a significant impact on the economy but most of the office space developers ruled out any major impact on the segment. Participating in a Realty webseries titled 'Office Spaces – The Changing dynamics post Read More...

JSL launches operations at Jajpur steel plant in Odisha

Shortly after the decision of the government to restart economic activities in a phased manner, Jindal Stainless Limited has resumed steel manufacturing operations at its Jajpur facility in Odisha. The company is Read More...

NHIDCL plans two lanes road project in Assam

The National Highways and Infrastructure Development Corporation Ltd. (NHIDCL) has planned to build two-laning road from New Nongstoin to Chhaygaon – Kyrshai as per the local demand. The new road project will ease traffic congestion Read More...

Noida offers built up space to export oriented units

The Gautam Budh Nagar district administration has invited online applications from the entrepreneurs of Noida Special Economic Zone (NSEZ) and export oriented units (EOUs) to permit them to start commercial activities, Development Read More...

Panel to fast track infra building in remote areas

The government is all set to appoint a panel to provide speedy clearances in a span of three-months to ensure funds for small and medium enterprises (MSMEs). The move will not just help the state governments to shift slum settlers Read More...

J&K kicks starts ₹166-cr road & bridge ventures

Under the World Bank funded Jhelum Tawi Flood Recovery Project (JTFRP), the state administration in Jammu and Kashmir has speeded up the ₹166 crore projects, including upgrading vital road projects of 86 km and the construction of Read More...

GMDA steers clear 25 infrastructure projects

The Gurugram Metropolitan Development Authority (GMDA) has cleared as many as 25 infra projects for resuming quicker construction activities with strict instructions to the builders to maintain social distancing norms. Developers Read More...

NHAI bets big on private players in road sector

The National Highways Authority of India is relying on the private sector for constructing more than half of the projects during the current fiscal, a sharp shift from last year, when 60 per cent of the road length was executed on Read More...

Task Force submits ₹111 lakh-cr national infra pipeline to FM

Task force constituted by the Union transport ministry to prepare a national infrastructure pipeline has listed infra projects worth ₹111 lakh crore to be executed in the next six years. It has also pledged 71% of the investment for Read More...

Gadkari promises a package for realty sector

The Union transport minister, Nitin Gadkari, has said that the government is already in the process to provide relief package for the real estate sector and in case NAREDCO has suggestions, it should send the same to the government Read More...

Real estate records 12% growth in Hyderabad

The residential real estate market in Hyderabad in the downstream south witnessed 12 per cent year-on-year (YoY) and a 1.4 per cent quarter-on-quarter (QoQ) growth in the first quarter (January-March) of 2020 indicating that the market Read More...

DFCCIL awards ₹2,500-cr contract to Larsen & Toubro

Larsen & Toubro's railway strategic business unit in consortium with Kyosan Electric Manufacturing Company of Japan has won three packages from the Dedicated Freight Corridor Corporation of India Ltd (DFCCIL) involving Read More...

NHAI pushes ₹400-cr underpasses on Sakoli-Deori highway

Decks have been cleared for construction of four wildlife underpasses on NH-6 between Sakoli and Deori with Regional Empowered Committee (REC) of the MoEFCC finally giving a go ahead to the mega project, which involves an Read More...

BMRCL launches tallest elevated metro rail network

The tallest point of Bengaluru's elevated metro network is being built at Jayadeva Interchange Metro Station. Currently, the highest point (23.3 metre above the ground) is near Srirampura Metro Station along Green line in Read More...

MahaMetro resumes works on Pune Metro rail line

A month after the construction work on the Pune Metro rail came to a halt, Maharashtra Metro Rail Corporation (MahaMetro) has resumed construction activities on a score of stretches of Paud Road. The work will move ahead Read More...