Skipper secures Rs. 924-cr T&D contracts
Skipper, a manufacturer of power transmission and distribution (T&D) structures of global standards, has bagged work orders and notification of awards (NoA) totalling Rs. 924 crore in its T&D business. The Kolkata-based company has received
UAE to invest $50-bn in Indian infrastructure sector
The United Arab Emirates (UAE) is contemplating investing $50 billion in India for key infrastructure projects and assets owned by the Central government’s in the country. The countries have been seeking to bolster ties over the past decade, and aim to
India aims to meet energy needs using clean sources: Goyal
Union Minister of Commerce & Industry Piyush Goyal has stated that India’s energy transition has a very large end-to-end dimension and the government is working towards the goal of meeting the country’s energy need with a clean source, For the next
DRA-DMRC secures Rs. 2383.59-cr Ahmedabad Railway Station Redevelopment Project
Dineshchandra R Agarwal Infracon-Delhi Metro Rail Corporation (DRA-DMRC) JV has emerged as the lowest bidder for the Ahmedabad Railway Station Redevelopment Project, involving an investment of Rs. 2383.59 crores. This is the second time
Uttarakhand signs MoUs worth Rs. 94,000-cr with industrial groups: CM
The Uttarakhand government has signed MoUs worth nearly Rs 94,000 crore with various industrial groups so far, ahead of the Global Investors Summit. Chief Minister Pushkar Dhami highlighted that projects aimed at expanding air, rail, road and ropeway
PM GatiShakti proposes Rs. 23,500-cr road & rail projects
Four infrastructure projects of roads and railways with a combined investment of Rs 23,500 crore have been recommended for approval under the PM Gati Shakti initiative. In the Network Planning Group (NPG) meeting, Greenfield rail connectivity projects
UP approves Rs. 319.73-cr for road maintenance in 63 districts
The Uttar Pradesh government has prepared a comprehensive action plan for relaying 277 roads in 63 districts of the state. The state government has approved Rs. 319.73 crore, allocating Rs 40 lakh for each of the 277 roads. The Public Works Department
France fires €100-mn into Indian urban infrastructure
France has made a significant announcement worth €100 million loan to strengthen urban infrastructure within India’s Smart City Mission, under the collaborative ties between the European Union and India. This financial support, a testament to
IRB Infrastructure Trust completes Rs. 6,400-cr refinancing for 5 BOT assets
IRB Infrastructure Developers Ltd sponsored IRB Infrastructure Trust (the Private InvIT) has completed the major refinancing exercise for its five BOT Assets amounting to a total of Rs.6,400 crores. It has approx. 20% share in Golden Quadrilateral
Yugen Infra aims to achieve Rs. 10,000-cr revenue in next three years
Yugen Infra, a joint venture between Timespro Consulting LLP and V K Developers Pvt Ltd, has forayed into the burgeoning real estate market in the country with a residential project near the New Goa International Airport, also known as MOPA
Shapoorji Pallonji launches two projects in Pune
The real estate wing of Shapoorji Pallonji has launched two housing projects within its 200-acre township in Pune, Maharashtra. These projects named 'Wildernest' and 'Joyville Celestia' hold a revenue potential of around Rs. 1,500 crore. The two
Shakti Hormann to invest Rs. 175-cr in fire-rated doors
Doors manufacturer Shakti Hörmann plans to invest Rs 175 crore in setting up a greenfield fire-rated wood and steel doors manufacturing facility in Jaipur, Rajasthan. This state-of-art facility will cater to the commercial and residential doors market
Vibrant Energy to build 198 mw wind power plant
Vibrant Energy is set to develop a 198 MW wind farm project in Osmanabad, Maharashtra, in collaboration with the e-commerce major Amazon. A power purchase agreement (PPA) has been signed between the two companies for this endeavor. The
KPI wins 7.80 mw green energy generation contracts
KPI Green Energy has bagged new work orders from Sustainable Spinning and Commodities (SSCPL) to execute a wind and solar hybrid power project. This project will encompass 4.20 MW wind and 3.60 MW solar capacities and is slated to be commissioned
Siddha Group launches new tower ‘Altaire Collection’
Real estate developer Siddha Group has launched ‘Altaire Collection’, a premium tower at their ‘Siddha Sky’ project, comprising five towers of 40 storeys connected by a Rooftop Skywalk. This tower comes in configuration of 2, 3 & 4 BHK along with
Dust control initiatives by NHAI at construction sites in Delhi-NCR
To monitor the effective implementation of dust control measures in National Highway projects being implemented by NHAI in Delhi-NCR, NHAI has set up a ‘Dust and Control Management Center’ to improve air quality index in the National Capital
Gadkari announces completion of 4-Lane, 1.08km Ramban Viaduct on NH-44 in J&K
Union Minister for Road Transport and Highways Nitin Gadkari has said the construction of the Ramban Viaduct, spanning a length of 1.08 kilometers with 4 lanes, has successfully completed in Jammu and Kashmir. He said the project built at a cost of
India, Bangladesh jointly launches rail & energy projects
India and Bangladesh have jointly inaugurated three major connectivity and energy projects funded with Indian assistance, including a railway line that will connect the northeastern states to the neighbouring country for the first time. The projects — the
Terratec's new Rock TBM to drive Delhi's Metro Phase-IV
Terratec's new Rock TBM is set to play a crucial role in the Delhi Mass Rapid Transit System Project - Phase-IV, Contract DC-08 for the Delhi Metro Rail Corporation Limited. Terratec has delivered three machine orders for this project. This includes a combination
Bids for six bypass road projects invited in Bihar
The Ministry of Road Transport & Highways (MoRTH) has issued tenders for construction of six Bypass projects in Bihar. The project, at a cost of Rs. 414.42 crore, includes the construction of six bypasses at Mangobandhar, Kendua, Tolesono, Jhajha
Kone Elevators India sets up R&D facility in Chennai
In a bid to bolster its presence in the global market and make way for the robust growth in the elevator industry segment, Kone Elevators India has set up a research and development facility (R&D) facility including an elevator test tower and
CMRL starts ballast test track work on Rs. 63,246-cr metro line
The Chennai Metro Rail has begun the ballast test track laying work at the Poonamallee Depot for Phase 02 of the project, which is being constructed at an estimated cost of Rs 63,246 crore. In fact, this is a major move as it’s the first time that such
PM dedicates 77 km stretch of WDFC to the nation
The Prime Minister has dedicated a 77 km long stretch of the all-new Bhandu-New Sanand section within the Western Dedicated Corridor to the nation, strengthening the connectivity of North Gujarat with major ports like Pipavav, Porbandar and
Raymond Realty wins redevelopment project in Mumbai
Raymond’s wholly-owned step-down subsidiary, Ten X Realty, has emerged as the preferred developer for the redevelopment of a housing society spanning 3.6 acres in Mahim (west) area of Mumbai. The company will rebuild Kumari Jethi T Sipahimalani
ONGC seals Rs. 925-cr PTC’s acquisition deal
In an attempt to increase its green energy generation capacity, Oil and Natural Gas Corporation (ONGC) has won a bid to acquire PTC’s wind power plant, making an investment of Rs 925 crore. This move aims to enable the company to expand
Gadkari inaugurates 26 NH projects worth Rs.17,500-cr in Guwahati
Union Minister for Roads Transport and Highways Nitin Gadkari has inaugurated and laid the foundation stone for 26 National Highway Projects with an investment of more than Rs. 17,500 Crore in Guwahati, Assam. The Dibrugarh-Tinsukia-Ledo
Adani Gangavaram Port inducts new cargo-handling equipment
Adani Gangavaram Port, the deepest and the most modern port in the country has announced the enhancement of infrastructure facilities at the premises by inducting new cargo handling equipment. The cargo handling equipment’s include 2 new Grabs
Govt announces Rs. 30,000-cr road projects in North East
Union Transport Minister Nitin Gadkari has announced various significant road infrastructure projects worth a total of Rs. 30,000 crore in the northeastern region. Among these initiatives, the Kaladan Multi-Modal Transit Transport Project (KMTTP) is
Centre bats for single agency to plan, monitor & evaluate infra projects
In view of the government’s increased thrust on infrastructure development and huge hike in investment, the Centre has decided to set up a single agency for infrastructure planning, monitoring, and evaluation. This has been aimed at ensuring infrastructure
Nagpur to get Rs.2,400-cr multi modal international cargo hub
The Union government has planned to build a Multi Modal International Cargo Hub and Airport (MIHAN) project at an investment of Rs. 2,400 crore in Nagpur, informed Union Transport Minister Nitin Gadkari. The project will be expanded towards Gurgaon
