MoRTH empowers states building highway projects

Highway Projects New Guideline
States Public Works Department (PWD) have been empowered to award highway projects costing Rs. 5-cr to Rs.300-cr involving the execution of road and bridges under centrally financed schemes and that the Ministry of Road Transport and Highways (MoRTH) itself will invite tenders for works involving more than Rs. 300cr. Read More...

Gurgaon gets twin flyover projects

Gurgaon Flyover Projects
The special task force constituted to monitor developmental work in Gurgaon has recently cleared two flyover projects to be constructed on Sohna Road and Huda City Centre crossings. It has also appointed consultants to carry out a feasibility study before deciding on the modalities of construction, said chief secretary Read More...

M’rashtra plans 21,000 kms road projects

Chandrakant Patil Maharashtra Road
In its quest to build world class road network across the state, the Maharashtra government has decided to build toll-based road projects coverirng a staggering length worth 21,000kms, Public Works Department (PWD) minister Chandrakant Patil said, elaborating that the Union Surface Transport Minister Nitin Gadkari Read More...

PNB Housing plans Rs 500-cr for realty projects

PNB Housing Realty Project
In order to finance realty projects in a big way, PNB Housing Finance has recently generated Rs. 500-cr by issuing bonds to World Bank arm International Finance Corporation (IFC) for funding its green residential projects, said Managing Director, PNB Housing, Sanjaya Gupta, claiming that PNB Housing Finance has issued Read More...

L&T secures cable stayed bridge project

Larsen Toubro Cable Stayed Mandovi Bridge
The state government in Goa in a latest initiative, has contracted the cable stayed four-lane Mandovi Bridge to Larsen & Toubro Ltd as the construction and engineering giant has turned out to be the lowest bidder with worth Rs 24.24cr, said an official spokesperson, adding that the bridge will significantly reduce traffic Read More...

Karnataka gets Rs. 1,621-cr road project

Karnataka Road Projects
The Union Cabinet in a recent move has approved the development of a four-laning of the Hospet-Bellary-Karnataka border section of the National Highway-63 in Karnataka entailing an investment worth Rs 1,621cr. The 95.3 Kilometer project will be commissioned on Engineering, Procurement and Construction (EPC) basis Read More...

Indo-Sweden inks MoU for building rail infra

Indo Sweden MoU
In order to bring the Indian rail sector matching global standards, Indian government has recently cleared the Memorandum of Understanding signed with Sweden for technical cooperation in the rail sector. The MoU, signed by the two sides in February this year, invisages cooperation in areas of benchmarking railway policy Read More...

Metro corridor gets new FAR in Noida

Metro Corridor Floor Area Ratio in Noida
In order to provide more realty space available for builders along the Metro corridors in Greater Noida, the state government in a recent move has increased the floor area ratio (FAR) by 0.5. The new FAR will be applicable within a 1,000-metre radius of Metro corridors and that the amendment in Greater Noida's building Read More...

Six kms long tunnel project up for grab

Ahmedabad Metro Tunnel Project
The Ahmedabad metro rail project is all set to float tenders for the construction of the 6.335 km long underground tunnel and that the design for the project has already been finalized, said sources adding that the stretch, which will be a part of Shahpur to Apparel Park (Kankaria) route of Metro project, will have four stations Read More...

Govt injects Rs. 257-cr in RMC housing scheme

Rajkot Municipal Corporation Housing Scheme
In an attempt to help the efforts initiated by Rajkot Municipal Corporation (RMC) to make the city slum-free the Union government has approved Rs 257-cr for the housing schemes for poor under the Prime Minister Avas Yojna (PMAY) whereby funds were allocated shortly after the state government announced the scheme for Read More...

BIAL launches Rs. 4,000cr airport expansion

Kempegowda International Airport
The Kempegowda International Airport, which is nearly eight-year-old, has recently launched the second phase expansion of the terminal-2 entailing a staggering investment worth Rs. 4,000cr. The expansion includes construction of the second terminal and a parallel runway that will enable the airport to handle more number of flights Read More...

NHAI awards Rs. 2,126cr road projects

NHAI Road Projects
Ensuring smooth movement of vehicular traffic in twin states of Uttar Pradesh and Uttarakhand, the NHAI in a recent move has awarded the projects at an investment worth Rs. 2,126cr, said official sources adding that both the projects have been secured by the renowned construction firm MBL Infrastructures on the Design Read More...

Altico earmarks Rs.1, 575-cr for realty projects

Altico Realty Project
As a part of its focused strategy to stay invested in the country's real estate sector, Altico Capital India, a renowned player lending funds to realty developers, has recently cleared a staggering investment worth Rs. 1,575-cr of which it has targeted Rs. 575-cr for projects in Mumbai, Pune and Bengaluru and an amount worth Read More...

Road Sector unveils Rs. 1,300cr tunnel projects

NHAI Tunnel Projects
The long delayed widening work of National Highway stretch between Vadakkanchery and Mannuthy has recently got a fillip with the tunneling equipment to drill Kuthiran Hills reaching the spot and that the Rs.1,300-cr projects, the cost on acquiring land, have been placed on fast track. The equipment consisting of Boomer drill rigs Read More...

NHAI plans Rs. 20k-cr NHs with green underpasses

National Highways Green Underpass
In order to ensure quicker environmental clearance for the road and highway projects, the transport ministry has decided to build 1900km highways worth Rs. 20,000-cr with lush and green underpasses ensuring trouble free wild animal movement on at least 10 national highways that pass through forests and wildlife sanctuaries Read More...

Flyover works to start in Jalandhar

NHAI TwinFlyover in Punjab
The National Highways Authority of India (NHAI) is all set to start work at the PAP Chowk and Rama Mandi Chowk area of Jalandhar in Punjab to build two ambitious and vital projects in the city, project director-cum-general manager, technical, NHAI, Vipan Sharma said adding that he was also part of a team of senior officials Read More...

Pink City smart project gets Rs. 186-cr

Jaipur Smart City Project
In an attempt to build world class smart city in the state capital of Rajasthan, the Union government has recently cleared Rs. 186-cr to fast track the mega smart city project. The amount assigned for Udaipur under the smart city mission involving Rs 159.20-cr has also been released by the centre government. The funds, which Read More...

MJ Infra plans Rs. 1,000cr realty projects

MJ Infra Realty Projects
Sensing burgeoning business opportunities in the real estate segment of the state, the Bengaluru-based realty major M J Infrastructure is entering Kerala with Rs 1000-cr investment plans to build real estate projects, chairman and managing director Dr P Anil Kumar said, elaborating that the company has planned five Read More...

SPV takes up Rs. 500cr work on city project

Bhubaneswar Smart City Project
Fast tracking the construction work on the Bhubaneswar smart city project in the state capital of Odisha, the newly appointed Chief Executive Officer Bhubaneswar Smart City Limited, R.Vineel Krishna has started the building work with the authorized capital worth Rs.500cr. It may be recalled that Bhubaneswar came at the top Read More...

Kanpur civic body plans 105km ring road

Kanpur Ring Road
Ensuring hassle free movement of vehicular traffic in and around the city, the Kanpur civic body has decided to build a 105km long ring road, divisional commissioner Mohammad Iftikharuddin, said in a recent statement, adding that vehicles from other districts are passing through the city and increase the traffic load Read More...

Govt hikes projects award targets to 12,000kms

Highway Conctruction
Close on the heels of achieving the target of awarding 10,000 kms length during the outgoing fiscal, the road transport and highways ministry has set a higher road building goal worth 12,000 kms including the award and the construction of highways during the next fiscal year. Last year, about 8,000 kms road lengths were awarded Read More...

L&T secure Rs. 2,271-cr contracts

Larsen Toubro
The engineering and construction giant, Larsen & Toubro (L&T) in a recent cache has bagged Rs 2,271-cr orders covering various segments it is currently operating, said official sources, adding that its Buildings & Factories Business wing has bagged a major turnkey order worth Rs 1,500-cr from a leading developer Read More...

Eastern peripheral e-way becomes realty

Kundli Manesar Palwal Expressway
The much delayed 136-km Kundli-Manesar-Palwal (KMP) expressway became a realty, as the transport minister has recently inaugurated the 53-km stretch connecting NH-2 (Mathura Road) at Kuslipur in Palwal with Panchgam village on Delhi-Jaipur NH-8 on the outskirts of Manesar in Gurgaon district thereby making Read More...

Railway fixes Rs. 1.19 lakh-cr for network upgrade

Indian Rail Network Upgrade
In its quest to make travelling by rail completely enjoyable, comfortable and accident free affairs,the department of Indian Railways has targeted a staggering investment worth Rs. 1,19,183-cr for achieving its zero accident mission and that the ministry has sought non-lapsable fund from finance ministry to strengthen Read More...

Highway stretch gets plastic makeover

Waste Plastic in Highway Makeover
In an attempt to bid adieu to the usual practice of carpeting roads with bitumen, the highway sector is moving towards adopting innovative ways of using waste plastic for re-laying and re-carpeting roads. A case in point is that of a stretch near Vickravandi in Villupuram district of the state where a four-lane stretch of about Read More...

AP fixes Rs. 376cr for Kakinada smart city

Kakinada smart city
The state government in Andhra Pradesh in a most recent move has cleared a whopping sum worth Rs 376-cr for taking up the multiple development works in Kakinada city, which found place on the first list of 20 Smart Cities under the Smart City Mission (SCM). In this connection, the State government had earlier constituted a Special Read More...

NHAI awards Rs. 1,336-cr highway projects

Highway Projects
Accelerating the process of providing non-stop connectivity to states like Uttar Pradesh and Uttarakhand, the National Highways Authority of India (NHAI) has awarded Rs 1,336-cr projects covering various stretches on NH-87 to Sadbhav Infrastructure. After the commissioning of these projects, the journey from Read More...

Karnataka gets Rs. 747-cr road projects

Karnataka Road Projects
In an attempt to provide world class road facilities to the motorists across the state, the highway department of the state government in Karnataka has decided to build multiple road stretches crisscrossing the state at a staggering investment worth Rs. 747cr, said official sources adding that in the process of constructing Read More...

Govt fast tracks East-West DFC corridors

Dedicated Freight Corridor
In its quest to commission, both the eastern and western freight corridors within the stipulated time frame, the government has decided to complete these mega rail projects 2019, Union Minister of State for Railways, Manoj Sinha, said in an official statement, adding that the ministry is going all out to commission and Read More...

Japan commits Rs. 14,251-cr infra financing

Japan Indian Infrastructure Projects
Injecting yet another booster to the country's infrastructure sector, Japan's Official Development Assistance has recently committed loans worth Rs 14,251-cr for 5 infrastructure projects in India, including the Dedicated Freight Corridor Project, said official sources claiming that out of the total loan, DFC Phase-1 and III Read More...

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