Bilaspur-Leh rail line is world's biggest & highest project

Southern Coast Railway
The upcoming Bilaspur-Manali-Leh railway line is destined to resolve LehLadakh connectivity issues in the Himalayan belt with the Indian Railways and the Ministry of Defence launching the world's biggest and highest infrastructural project providing all-weather connectivity from HP to Leh. The Ladakh region usually remains cut-off from the rest of the country for nearly six months due to closure of the 434-km Srinagar-Leh national highway during winters. Work has started on the DPR for the project, which is set to be at the highest point of 5,360 metres above sea level and is comparable only to the Qinghai-Tibet rail line of China. The 51-km stretch from Upshi in Himachal Pradesh and Phe in Leh will be seamlessly connected with this line. This railway venture is of strategic significance as it will lie along the Indo-China border and will not just help the armed forces of the country, but will also boost tourism and overall development of the remote Himalayan region. On completion, the areas between Bilaspur and Leh such as Manali, Upshi,Mandi, Sundernagar, Koksar, Keylong, Karu, Darcha as well as other important towns of Himachal Pradesh and Jammu and Kashmir will get railway connectivity and travel time between Delhi and Leh will reduce to half from the current 40 hours.

PM commits ₹25 lakh-cr for building rural infrastructure

To boost rural infrastructure development, the PM has committed ₹25 lakh crore. About ₹3.5 lakh crore will be used for building facilities for water conservation and water harvesting projects. The government had started Read More ...

AAI gets aggressive on airport infra building biz

After participating in the bidding for the second airport in Goa, the Airports Authority of India (AAI) is contemplating bidding for the Greater Noida airport project entailing an investment of ₹16,000 crore. However Read More ...

MRO takes up ₹125-cr airports' infra upgrade

The Air India Maintenance, Repair and Overhaul facility (MRO) is set to get a facelift with an investment of ₹125 crore for an additional hanger with a capacity to induct two aircraft at a time. The hanger would have an Read More ...

NHAI targets ₹1 lakh-cr for new road projects

To fund its on-going and new road projects, NHAI aims to generate ₹1 lakh crores in revenue from toll and wayside amenities over the next five years, said transport minister Nitin Gadkari. He added that as the government Read More ...

Punjab launches Ring Road in Bathinda

The state finance minister has recently launched a Ring Road project at Patel Nagar on the Bathinda-Barnala highway at an investment of ₹95 crore. The project is aimed at decongesting traffic in the city and reducing Read More ...

DMRC approves Metrolite on Kirti Nagar-Dwarka stretch

The urban affairs ministry and DMRC board has approved Metrolite on the 20-km Kirti Nagar and Dwarka Dwarka sector 25 exhibition centre, said sources. Delhi will get its first stretch of Metrolite as it is a cheaper Read More ...

Railway targets ₹7,500-cr under TOD scheme

Indian Railways has targeted ₹7,500 crore from three land parcels near metro stations in Delhi through monetization under the Transit Oriented Development (TOD) scheme. The Rail Land Development Authority (RLDA) has written Read More ...

AUDA earmarks ₹1,431-cr for urban infrastructure

Ahmedabad Urban Development Authority (Auda) has chalked out an ambitious plan to invest ₹1,431 crore for construction of new housing units, bridges and roads, and new drainage lines. In addition, the urban development Read More ...

HDFC sets up ₹250-cr fund for residential housing

HDFC in a joint venture with Arvind SmartSpaces has set up a ₹250-crore fund to develop affordable and mid-income housing projects, Arvind SmartSpaces, which is a part of the Lalbhai group. The company has entered into Read More ...

4iR R&D alliance between Highbar of India and eGeneration of Bangladesh

The India-Bangladesh Business Forum aims to accelerate bilateral ties by transfer of knowledge and technology between the two neighboring nations. This year, the forum assembly was highlighted by a landmark 4iR R&D alliance Read More ...

Govt kick-start ₹2,428-cr housing project on K G Marg in New Delhi

Union Minister of Housing and Urban Affairs has launched the redevelopment of Kasturba Gandhi Marg GPRA project where the residential complex is to be constructed by the CPWD at a cost of ₹2,428 crore, in two phases. This Read More ...

NBCC launches reconstruction of ₹4,525-cr complex in Delhi

In a bid to reduce debt of Air India by ₹4,500 crore through redevelopment of its residential colony in Vasant Vihar areas of Delhi, NBCC has submitted a detailed plan for monetization of the 30-acre space involving an Read More ...

GPL lines up ₹5,000-cr for residential & retail realty projects

According to executive chairman of Godrej Properties (GPL), Pirojsha Godrej, the company intends to invest ₹5,000 crore in the next two years, mainly on construction of mid income housing. In fact, shortly after clocking Read More ...

Kerala cruises ahead with ₹50,000-cr infra building plans

The Kerala government has readied an ambitious ₹50,000 crore plan not just to tackle the economic slowdown but also to give a major push to infrastructure building across the state. State FM Thomas Isaac said that the original Read More ...

Govt unveils Metrolite system on Phase-IV corridors

The Ministry of Housing & Urban Affairs has decided to introduce Metrolite system for three corridors of Delhi Metro Project Phase IV. These will include Inderlok to Indraprastha, Lajpat Nagar to Saket G Block and Rithala- Read More ...

DFCCIL-UP inks MoU to build 29 RoBs

A MoU for construction of Road Over Bridges has been inked by DFCCIL, state government of UP, and the North Central Railway to build 29 RoBs on the Eastern Dedicated Freight Corridor on a cost-sharing basis in the state Read More ...
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